The state of the nation for the year 1747; and respecting 1748. Inscribed to a member of the present Parliament - Softcover

Carteret, John

Softcover

ISBN 10: 1154584917 ISBN 13: 9781154584912

Verlag: General Books LLC, 2012

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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated.1747 Excerpt: ... and which all other Advantages can in no Sense ba lance. The first supposed Advantage is, that we got Money by ir, or, in other Words, participated with the French in their Profits of Trade: But admitting this to be true, it in no Sense counterpoises the Sums spent to carry on a War, which the thus supporting of the French Commerce aggravates, since with the Ruin of that the War must end of Course. The second Ad van rage is, that by insuring the French, we must know when they sail, whereto, and under what Convoy. This is a Solecism in common Sense, » to suppose that the Insurers will first sign a Policy, next inform of the Voyage, and lastly, pay the French the Loss. Though it is most certainly true, that if our Ministry could be presumed to have so much Wit, a few Thousands so employed would surely procure good Intelligence. But then they would take the Ships too it is to be hoped, and what then?' why to be sure pay the French for their Losses, and so aid them in trading on. But supposing this Hint to take Place, it will not help the Argument v for as the Nation may insure to the full Value, I can neither perceive where the Gain will be, nor how a Peace will be furthered thereby on the contrary, if Trade be the Support of the Enemy, a War must be hereby perpetuated, on the Credit of our own Bottom, and we shall go on spending seven Millions a Year on the one Side, while we are using our Dexterity on the other, by putting the Enemy into a Condition to support it on their Part. The third and last Pretence for Insurance is, that if we do not do it Foreigners will. It may be so; but if we are attentive, not long, as the Losses must fall too thick and heavy upon them. But admit that not to be the Cafe, what we then captured would be clear Gain, which, if i...

Über diese Auflage

• Verlag: General Books LLC
• Erscheinungsdatum: 2012
• ISBN 10: 1154584917
• ISBN 13: 9781154584912
• Einband: Tapa blanda
• Anzahl der Seiten: 22