An Inquiry into the Permanent Causes of the Decline and Fall of Powerful and Wealthy Nations. eBook

William Playfair
This eBook from the Gutenberg Project consists of approximately 405 pages of information about An Inquiry into the Permanent Causes of the Decline and Fall of Powerful and Wealthy Nations..

An Inquiry into the Permanent Causes of the Decline and Fall of Powerful and Wealthy Nations. eBook

William Playfair
This eBook from the Gutenberg Project consists of approximately 405 pages of information about An Inquiry into the Permanent Causes of the Decline and Fall of Powerful and Wealthy Nations..

It is then an object for those who govern nations, in the first place, to counteract as much as possible the internal tendency to decline, arising from the causes that have been enumerated; and, after having done that, to regulate their conduct with regard to other nations, so as to protect themselves from those external causes of decline, on the existence of which they have no direct influence, but which are not capable of producing any great effect, unless favoured by the internal state of the country, and by the unwise conduct of those by whom it is governed.

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Digression concerning the Importance of Public Revenue.

No state, what ever its wealth may be, can possess power, unless a certain portion of that wealth is applicable to public purposes.  As the want of revenue has not been a very common cause of weakness, we shall give, as an example, the almost solitary, but very strong, case of Poland.  Its feebleness, in repelling the attacks of its enemies, was occasioned, in a great measure, by want of revenue.  It was with far superior population, with more fertile soil, and a people no way inferior in bravery, greatly inferior in actual exertion to Prussia.  When, at last, the Poles, seeing their danger, united together, and were willing to make every personal exertion and sacrifice, to preserve their country, they had no means of executing their good intentions.  They had not kept up an army when it was not wanted, and they could not, on the emergency, create one when it was become necessary. [end of page #187]

The definition given of power makes it a relative thing, and, therefore, the revenue necessary to maintain that power or force must be relative also; it, therefore, depends on circumstances, what is to be considered as a sufficient or insufficient revenue.

If the United States of America were accessible with ease to European nations, or if they had powerful neighbours on their own soil, they would find their present revenues quite unequal to preserving their independence; but, as it is, perhaps they are the most wealthy civilized nation in the world, if an excess of revenue constitutes wealth.

In Europe, whatever nations are unable to keep up forces sufficient to make those exertions which, according to their alliances and dangers, may be necessary, they are weak from want of revenue, and ought to augment it.

In the course of making greater exertions than the revenues would bear, some nations have contracted debts.  It is not the purpose here to enter into the complication such debts occasion, and the alterations they make on the revenue, and the disposal of the revenue of a country; but, so far as that subject is yet understood, it appears that the clear revenue, after paying the interest of the debt, ought to be as great as it would be altogether, if there were no debt; that is to say, after paying interest, there ought to remain a sufficient surplus to pay all the expenses necessary for government and defence.

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An Inquiry into the Permanent Causes of the Decline and Fall of Powerful and Wealthy Nations. from Project Gutenberg. Public domain.