nister. That if her
Majesty had a mind to introduce the other party, it would have been more
seasonable after a peace, which now we have made desperate, by spiriting
the French, who rejoice at these changes, and by the fall of our credit,
which unqualifies us for continuing the war. That the Parliament so
untimely dissolved,[5] had been diligent in their supplies, and dutiful
in their behaviour. That one consequence of these changes appears already
in the fall of the stocks: that we may soon expect more and worse: and
lastly, that all this naturally tends to break the settlement of the
Crown, and call over the Pretender.
These and the like notions are plentifully scattered abroad, by the
malice of a ruined party, to render the Queen and her administration
odious, and to inflame the nation. And these are what, upon occasion, I
shall endeavour to overthrow, by discovering the falsehood and absurdity
of them.
It is a great unhappiness, when in a government constituted like ours, it
should be so brought about, that the continuance of a war, must be for
the interest of vast numbers (peaceable as well as military) who would
otherwise have been as unknown as their original. I think our present
condition of affairs, is admirably described by two verses in Lucan,
_Hinc usura vorax, avidumque in tempore foenus,
Hinc concussa fides, et multis utile bellum_,[6]
which without any great force upon the words, may be thus translated,
"Hence are derived those exorbitant interests and annuities; hence those
large discounts for advances and prompt payment; hence public credit is
shaken, and hence great numbers find their profit in prolonging the war."
It is odd, that among a free trading people, as we take ourselves to be,
there should so many be found to close in with those counsels, who have
been ever averse from all overtures towards a peace. But yet there is no
great mystery in the matter. Let any man observe the equipages in this
town; he shall find the greater number of those who make a figure, to be
a species of men quite different from any that were ever known before the
Revolution, consisting either of generals and colonels, or of such whose
whole fortunes lie in funds and stocks: so that power, which according to
the old maxim, was used to follow land, is now gone over to money; and
the country gentleman is in the condition of a young heir, out of whose
estate a scrivener receives half the rents for interest, and
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