abitants had submitted,
taxes would soon have been laid on Ireland; and if ever this nation
should have a tyrant for its king, six millions of freemen, so dead to
all the feelings of liberty as voluntarily to submit to be slaves, would
be fit instruments to make slaves of the rest." ...

"The gentleman tells us of many who are taxed and are not
represented--the East India Company, merchants, stockholders,
manufacturers. Surely many of these are represented in other capacities.
It is a misfortune that more are not actually represented. But they are
all inhabitants of Great Britain, and as such are virtually represented.
They have connection with those that elect, and they have influence over
them.

"Not one of the Ministers who have taken the lead of government since
the accession of King William ever recommended a tax like this of the
Stamp Act. Lord Halifax, educated in the House of Commons; Lord Oxford,
Lord Orford, a great revenue minister (Walpole), never thought of this.
None of these ever dreamed of robbing the colonies of their
constitutional rights. This was reserved to mark the era of the late
Administration.

"The gentleman boasts of his bounties to America. Are not these bounties
intended finally for the benefit of this kingdom? If so, where is the
peculiar merit to America? If they are not, he has misapplied the
national treasures.

"If the gentleman cannot understand the difference between internal and
external taxes, I cannot help it. But there is a plain distinction
between taxes levied for purposes of _raising revenue_ and duties
imposed for the _regulation of trade_, for the accommodation of the
subject, although in the consequences some revenue may incidentally
arise for the latter.

"The gentleman asks when were the colonies emancipated? I desire to know
when they were made slaves? But I do not dwell upon words. The profits
to Great Britain from the trade of the colonies through all its branches
is two millions a year. This is the fund that carried you triumphantly
through the last war. The estates that were rented at two thousand
pounds a year threescore years ago, are at three thousand pounds at
present. You owe this to America. This is the price that America pays
for your protection;[278] and shall a miserable financier come with a
boast that he can fetch a peppercorn into the exchequer to the loss of
millions to the nation?[279] I dare not say how much higher these
profits may be augmented.