Page:The Works of the Rev. Jonathan Swift, Volume 3.djvu/16

trade was dangerous, pursued the same method. But the war continuing, and growing more expensive, taxes were increased, and funds multiplied every year, till they have arrived at the monstrous height we now behold them; and that, which was at first a corruption, is at last grown necessary, and what every good subject must now fall in with, although he may be allowed to wish it might soon have an end; because it is with a kingdom, as with a private fortune, where every new incumbrance adds a double weight. By this means the wealth of a nation, that used to be reckoned by the value of land, is now computed by the rise and fall of stocks: and although the foundation of credit be still the same, and upon a bottom that can never be shaken, and although all interest be duly paid by the publick; yet, through the contrivance and cunning of stock-jobbers, there has been brought in such a complication of knavery and cozenage, such a mystery of iniquity, and such an unintelligible jargon of terms to involve it in, as were never known in any other age or country in the world. I have heard it affirmed, by persons skilled in these calculations, that if the funds appropriated to the payment of interest and annuities, were added to the yearly taxes, and the four-shilling aid strictly exacted in all counties of the kingdom, it would very near, if not fully, supply the occasions of the war, at least such a part as, in the opinion of very able persons, had been at that time prudent not to exceed. For I make it a question, whether any wise prince or state, in the continuance of a war, which was not purely defensive, or immediately at his own door, did ever propose that his expense should perpetually exceed, what he was

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