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more convenient for any merchant to pay for the goods which his

correspondents had sold to him in some other sort of goods which

he might happen to deal in than in money。 Such a merchant would

have no occasion to keep any part of his stock by him unemployed;

and in ready money; for answering occasional demands。 He could

have; at all times; a larger quantity of goods in his shop or

warehouse; and he could deal to a greater extent。 But it seldom

happens to be convenient for all the correspondents of a merchant

to receive payment for the goods which they sell to him in goods

of some other kind which he happens to deal in。 The British

merchants who trade to Virginia and Maryland happen to be a

particular set of correspondents; to whom it is more convenient

to receive payment for the goods which they sell to those

colonies in tobacco than in gold and silver。 They expect to make

a profit by the sale of the tobacco。 They could make none by that

of the gold and silver。 Gold and silver; therefore; very seldom

appear in the commerce between Great Britain and the tobacco

colonies。 Maryland and Virginia have as little occasion for those

metals in their foreign as in their domestic commerce。 They are

said; accordingly; to have less gold and silver money than any

other colonies in America。 They are reckoned; however; as

thriving; and consequently as rich; as any of their neighbours。

     In the northern colonies; Pennsylvania; New York; New

Jersey; the four governments of New England; etc。; the value of

their own produce which they export to Great Britain is not equal

to that of the manufactures which they import for their own use;

and for that of some of the other colonies to which they are the

carriers。 A balance; therefore; must be paid to the mother

country in gold and silver; and this balance they generally find。

     In the sugar colonies the value of the produce annually

exported to Great Britain is much greater than that of all the

goods imported from thence。 If the sugar and rum annually sent to

the mother country were paid for in those colonies; Great Britain

would be obliged to send out every year a very large balance in

money; and the trade to the West Indies would; by a certain

species of politicians; be considered as extremely

disadvantageous。 But it so happens that many of the principal

proprietors of the sugar plantations reside in Great Britain。

Their rents are remitted to them in sugar and rum; the produce of

their estates。 The sugar and rum which the West India merchants

purchase in those colonies upon their own account are not equal

in value to the goods which they annually sell there。 A balance;

therefore; must necessarily be paid to them in gold and silver;

and this balance; too; is generally found。

     The difficulty and irregularity of payment from the

different colonies to Great Britain have not been at all in

proportion to the greatness or smallness of the balances which

were respectively due from them。 Payments have in general been

more regular from the northern than from the tobacco colonies;

though the former have generally paid a pretty large balance in

money; while the latter have either paid no balance; or a much

smaller one。 The difficulty of getting payment from our different

sugar colonies has been greater or less in proportion; not so

much to the extent of the balances respectively due from them; as

to the quantity of uncultivated land which they contained; that

is; to the greater or smaller temptation which the planters have

been under of overtrading; or of undertaking the settlement and

plantation of greater quantities of waste land than suited the

extent of their capitals。 The returns from the great island of

Jamaica; where there is still much uncultivated land; have; upon

this account; been in general more irregular and uncertain than

those from the smaller islands of Barbadoes; Antigua; and St。

Christophers; which have for these many years been completely

cultivated; and have; upon that account; afforded less field for

the speculations of the planter。 The new acquisitions of Grenada;

Tobago; St。 Vincents; and Dominica have opened a new field for

speculations of this kind; and the returns from those islands

have of late been as irregular and uncertain as those from the

great island of Jamaica。

     It is not; therefore; the poverty of the colonies which

occasions; in the greater part of them; the present scarcity of

gold and silver money。 Their great demand for active and

productive stock makes it convenient for them to have as little

dead stock as possible; and disposes them upon that account to

content themselves with a cheaper though less commodious

instrument of commerce than gold and silver。 They are thereby

enabled to convert the value of that gold and silver into the

instruments of trade; into the materials of clothing; into

household furniture; and into the ironwork necessary for building

and extending their settlements and plantations。 In those

branches of business which cannot be transacted without gold and

silver money; it appears that they can always find the necessary

quantity of those metals; and if they frequently do not find it;

their failure is generally the effect; not of their necessary

poverty; but of their unnecessary and excessive enterprise。 It is

not because they are poor that their payments are irregular and

uncertain; but because they are too eager to become excessively

rich。 Though all that part of the produce of the colony taxes

which was over and above what was necessary for defraying the

expense of their own civil and military establishments were to be

remitted to Great Britain in gold and silver; the colonies have

abundantly wherewithal to purchase the requisite quantity of

those metals。 They would in this case be obliged; indeed; to

exchange a part of their surplus produce; with which they now

purchase active and productive stock; for dead stock。 In

transacting their domestic business they would be obliged to

employ a costly instead of a cheap instrument of commerce; and

the expense of purchasing this costly instrument might damp

somewhat the vivacity and ardour of their excessive enterprise in

the improvement of land。 It might not; however; be necessary to

remit any part of the American revenue in gold and silver。 It

might be remitted in bills drawn upon and accepted by particular

merchants or companies in Great Britain to whom a part of the

surplus produce of America had been consigned; who would pay into

the treasury the American revenue in money; after having

themselves received the value of it in goods; and the whole

business might frequently be transacted without exporting a

single ounce of gold or silver from America。

     It is not contrary to justice that both Ireland and America

should contribute towards the discharge of the public debt of

Great Britain。 That debt has been contracted in support of the

government established by the Revolution; a government to which

the Protestants of Ireland owe; not only the whole authority

which they at present enjoy in their own country; but every

security which they possess for their liberty; their property;

and their religion; a government to which several of the colonies

of America owe their present charters; and consequently their

present constitution; and to which all the colonies of America

owe the liberty; security; and property which they have ever

since enjoyed。 That public debt has been contracted in the

defence; not of Great Britain alone; but of all the different

provinces of the empire; the immense debt contracted in the late

war in particular; and a great part of that contracted in the war

before; were both properly contracted in defence of America。

     By a union with Great Britain; Ireland would gain; besides

the freedom of trade; other advantages much more important; and

which would much more than compensate any increase of taxes that

might accompany that union。 By the union with England the

middling and inferior ranks of people in Scotland gained a

complete deliverance from the power of an aristocracy which had

always before oppressed them。 By a union with Great Britain the

greater part of the people of all ranks in Ireland would gain an

equally complete deliverance from a much more oppressive

aristocracy; an aristocracy not founded; like that of Scotland;

in the natural and respectable distinctions of birth and fortune;

but in the most odious of all distinctions; those of religious

and political prejudices; distinctions which; more than any

other; animate both the insolence of the oppressors and the

hatred and indignation of the oppressed; and which commonly

render the inhabitants of the same country more hostile to one

another than those of different countries ever are。 Without a

union with Great Britain the inhabitants of Ireland are not

likely for many ages to consider themselves as one people

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