ould otherwise require
much time.
The impression is not only simple, but it is as lasting in retaining as it
is easy in receiving. Such are the advantages claimed for the invention
twenty years ago, when it first appeared; the claim has been allowed
by many, and not objected to, so far as the inventor knows, either in
this or in any other country.
EXPLANATION OF PLATE NO. IV.
Chart of revenue, from the time of Queen Elizabeth to the present day.
Till the accession of William III. in 1688, the materials for this are not
altogether accurate; but they are not far wrong, and indeed, the low
state of the revenue, previous to that period, is such that it is a matter
of little importance whether or not they are very exact. It is
represented here rather as a contrast to the present high revenue, and a
matter of curiosity, than as being of much importance.
The pale red part expresses the free revenue, or what is over, after
paying the interest of our debt.
This free revenue has not increased so fast as the value of money has
decreased, previous to the year 1793; and certainly, at that time, the
annual sum of 7,000,000 L. was no equal to 4,000,000 L. in the reign
of Queen Anne.
The green part shews the annual interest of the national debt, and
proves, beyond contradiction, that, under such a system, expenses of
war (for the whole debt has been contracted for wars) augment in
much more than a simple proportion.
The yellow part, bounded by a curved line, shews the manner in which
the sinking fund will increase in its operation of paying off the debt,
on the supposition that the nation continues to borrow as it has [end of
page #214] done for the last twelve years; setting apart one per cent.
on every new loan, for its liquidation.
As comparative views are the great object of these charts, a yellow
dotted line is made, representing the amount of the revenue of France
during the same period, till 1789, when the revolution stopped its
progress; since which its amount has not been regularly known. {173}
---
{173} The author published an Atlas, containing twenty-seven charts
of the different branches of commerce, revenue, and finance, of
England, which was translated into French. The fifth edition, much
improved, and brought to the present time, is now printing, and will be
published in November.
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[end of page #215]
CHAP. III. [=sic=--error in printer's copy, should read II.]
_Of Education, as
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