Excerpt from Considerations on the Present State of Public Affairs: And the Means of Raising the Necessary Supplies
As I aim at no object but the public prosperity, and mean not to serve the interested views of any party whatsoever, my sentiments will probably give no satisfaction, to the zealous partizans of that description, in whatever class they may happen to be ranged, but it any thing which has occurred to me, shall meet with the approbation of those, who are elevated above such limited views, the purposes of this Publication will be fully answered.
It has always appeared to me, that the great load of our Public Debt was a millstone, which, sooner or later, would endanger almost the existence of this Kingdom. I thought so at the last Peace, and I saw with indignation the alarming addition, which was then made, to our ordinary expences, commonly called our Peace Establishment. That measure excited, however, no remarkable disgust in the Nation at large, for mankind in general, as well as Princes, have undoubtedly a predilection to large establishments; and as the additional expence was defrayed out of the Sinking Fund, without any new Tax, that destructive measure, passed at the time, almost; without observation or censure.
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