om the productions of it, it is but common justice, that those
who are the proprietors, should appoint what portion of it ought to go to
the support of the public; otherwise, the engrossers of money, would be
apt to lay heavy loads on others, which themselves never touch with one
of their fingers.
The public debts were so prodigiously increased, by the negligence and
corruption of those who had been managers of the revenue; that the late
m[iniste]rs, like careless men, who run out their fortunes, were so far
from any thoughts of payment, as they had not the courage to state or
compute them. The Parliament found that thirty-five millions had never
been accounted for; and that the debt on the navy, wholly unprovided for,
amounted to nine millions.[13] The late chancellor of the exchequer,
suitable to his transcendent genius for public affairs, proposed a fund
to be security for that immense debt, which is now confirmed by a law,
and is likely to prove the greatest restoration and establishment of
the kingdom's credit.[14] Nor content with this, the legislature
hath appointed commissioners of accompts, to inspect into past
mismanagements of the public money, and prevent them for the future.[15]
I have, in a former paper, mentioned the Act for building fifty new
Churches in London and Westminster,[16] with a fund appropriated for that
pious and noble work. But while I am mentioning acts of piety, it would
be unjust to conceal my lord high treasurer's concern for religion, which
have extended even to another kingdom: his lordship having some months
ago, obtained of her Majesty a remission of the first-fruits and tenths
to the clergy of Ireland,[17] as he is known to have formerly done for
that reverend body in this kingdom.
The Act for carrying on a Trade to the South-Sea,[18] proposed by the
same great person, whose thoughts are perpetually employed, and always
with success, on the good of his country, will, in all probability, if
duly executed, be of mighty advantage to the kingdom, and an everlasting
honour to the present Parliament.[19]
I might go on further, and mention that seasonable law against excessive
gaming;[20] the putting a stop to that scandalous fraud of false musters
in the Guards;[21] the diligent and effectual enquiry made by the Commons
into several gross abuses.[22] I might produce many instances of their
impartial justice in deciding controverted election, against former
example, and great provoc
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