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An Inquiry into the Permanent Causes of the Decline and Fall of Powerful and Wealthy Nations. - Designed To Shew How The Prosperity Of The British Empire - May Be Prolonged by William Playfair
page 254 of 470 (54%)
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{137} As the subject is here treated in the general way, applicable to
all nations, the employment found by national debt, and the funds
rising is not taken into account, as it will be noticed in the case of
England. When money is plenty, all individuals in trade give longer
credit; but this employs little more capital, when they give it to each
other it employs no more, but when to consumers it does.

{138} The manner in which those families live is peculiar to
themselves; great shew with great economy, and without the smallest
spark of love, either for their fellow-citizens or their country.
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[end of page #162]

rich, falls nearly all on the lender at interest, {139} who, as he cannot
bring back things to their former value, seeks enjoyment in another
country, and obtains, by change of place, what he lost by lapse of
time.

The weight of taxes is another cause that drives capital from wealthy
to poorer countries; and last of all, in case of anxiety, or of mistrust,
the capitalists are generally the first to emigrate. [{140}] Anxiety and
mistrust are periodical amongst a wealthy people.

As the burthens sustained by a people in prosperity are generally
great, in proportion to their capital and industry, it is clear, that when
capital and industry diminish, the burthens, (which do not admit of
being diminished in the same proportion,) fall more heavily on those
who remain; this increased cause produces, naturally, an increased
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