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your fear of a reduction of wages is unfounded. You do not see that, before the disbanding as well as after it, there are in the country a hundred millions of money corresponding with the hundred thousand men. That the whole difference consists in this: before the disbanding, the country gave the hundred millions to the hundred thousand men for doing nothing; and that after it, it pays them the same sum for working. You do not see, in short, that when a tax-payer gives his money either to a soldier in exchange for nothing, or to a worker in exchange for something, all the ultimate consequences of the circulation of this money are the same in the two cases; only, in the second case the tax-payer receives something, in the former he receives nothing. The result is--a dead loss to the nation. The sophism which I am here combating will not stand the test of progression, which is the touchstone of principles. If, when every compensation is made, and all interests satisfied, there is a _national profit_ in increasing the army, why not enrol under its banners the entire male population of the country? III.--Taxes. Have you never chanced to hear it said: "There is no better investment than taxes. Only see what a number of families it maintains, and consider how it reacts upon industry: it is an inexhaustible stream, it is life itself." In order to combat this doctrine, I must refer to my preceding refutation. Political economy knew well enough that its arguments were not so amusing that it could be said of them, _repetitions please_. It has, therefore, turned the proverb to its own use, well convinced that, in its mouth, _repetitions teach_. The advantages which officials advocate are _those which are seen_. The benefit which accrues to the providers _is still that which is seen_. This blinds all eyes. But the disadvantages which the tax-payers have to get rid of are _those which are not seen_. And the injury which results from it to the providers is still that _which is not seen_, although this ought to be self-evident. When an official spends for his own profit an extra hundred sous, it implies that a tax-payer spends for his profit a hundred sous less. But the expense of the official _is seen_, because the act is performed, while that of the tax-payer _is not seen_, because, alas! he is prevented from performing it. You compare the nation, perhaps to a parched tract of land, and the tax to a fertili
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