Page:Inquiry into the Principles and Policy of the Government of the United States.djvu/277

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life and rivalry with foreign nations, to which her stock regiiiaea readers lier unequal.

If these reasons are insufficient to prove, that paper stock is inimical to commerce, the next question is, whether it is able to bestow upon her benefits, which will counterpoise the advantages she derives from a free government? Upon this question she will still find her interest united to her old friends, land and labour. If paper stock will destroy the sound principles of governments, by corrupting their administrators, will it compensate land, labour and commerce, for enslaving all three? Agriculture, manufactures and commerce, are indigenous, as it were, to human comfort and happiness; paper stock is a foreign invader, whose object is to subdue these close friends and natural allies, by instilling an opinion, that one of them will be benefitted by deserting to the common enemy.

An association of casualties, frequently begets very whimsical associations of ideas. The rare casualty of despotism and national piosperity, existing together, has begotten an opinion, that despotism would make a nation prosper. And the commerce of England, made up of a complication of circumstances, has begotten an opinion, that the system of paper stock was favourable to commerce. That the opinion flows from this source, is undeniable, and that it is a source producing only a medley of errour, is equally so. It would be as correct, to pick out of this complication, any other circumstance, and to ascribe to it the state of the British commerce, as to paper stock; and many might pretend to such a distinction with far greater plausibiiity.

Commerce, monarchy, paper stock, legislative corruption, privileged orders, charters of exclusive commerce. and hierarchy, exist together in England. Is there an affinity also between paper stock and monarchy, legislative corruption, privileged orders, exclusive charters for commerce, and hierarchy, because all exist with it; the reason supposed to prove the affinity between this stock and confluence; or is the simultaneous reason sound in one case and