, the Company enjoyed, of making their own dividends. Such
was the disposition and temper of the House, that although the plain
face of facts, reason, arithmetic, all the authority, parts, and
eloquence in the kingdom, were against this bill; though all the
Chancellors of the Exchequer, who had held that office from the
beginning of this reign, opposed it; yet a few placemen of the
subordinate departments sprung out of their ranks, took the lead, and,
by an opinion _of some sort of secret support_, carried the bill with a
high hand, leaving the then Secretary of State and the Chancellor of the
Exchequer in a very moderate minority. In this distracted situation, the
managers of the bill, notwithstanding their triumph, did not venture to
propose the payment of the civil list debt. The Chancellor of the
Exchequer was not in good humor enough, after his late defeat by his own
troops, to co-operate in such a design; so they made an act, to lock up
the money in the exchequer until they should have time to look about
them, and settle among themselves what they were to do with it.
Thus ended this unparalleled transaction. The author, I believe, will
not claim any part of the glory of it: he will leave it whole and entire
to the authors of the measure. The money was the voluntary, free gift of
the Company; the rescinding bill was the act of legislature, to which
they and we owe submission: the author has nothing to do with the one or
with the other. However, he cannot avoid rubbing himself against this
subject merely for the pleasure of stirring controversies, and
gratifying a certain pruriency of taxation that seems to infect his
blood. It is merely to indulge himself in speculations of taxing, that
he chooses to harangue on this subject. For he takes credit for no
greater sum than the public is already in possession of. He does not
hint that the Company means, or has ever shown any disposition, if
managed with common prudence, to pay less in future; and he cannot doubt
that the present ministry are as well inclined to drive them by their
mock inquiries, and real rescinding bills, as he can possibly be with
his taxes. Besides, it is obvious, that as great a sum might have been
drawn from that Company, without affecting property, or shaking the
constitution, or endangering the principle of public credit, or running
into his golden dreams of cockets on the Ganges, or visions of
stamp-duties on _Perwannas_, _Dusticks_, _Kistbundee
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