Page:Craik History of British Commerce Vol 2.djvu/123

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BRITISH COMMERCE.
121

had suffered, the country had the principle of life still strong within it; and that even from the manner in which it had stood the severe strain of this war great consolation was to be derived, and hope for the future. After remarking that we had been able "to maintain a war abroad, with a fleet at the yearly charge of 2,500,000l., and a land army at the yearly charge of above 2,500,000l., of which a great part for some time has been spent in other countries,"—and "(the ordinary revenues of the crown not included) to give in taxes upwards of 39,000,000l. of which about 25,000,000l, have been actually levied, 14,000,000l. are in a way of payment, and the rest remains a debt to be provided for,"—he proceeds, in the following passages, to give as comprehensive and trustworthy a description as is probably anywhere to be found of the real state in which the war had left the kingdom:—"Our stock in stored goods, plate, jewels, money, and merchant-ships, is apparently not so great now as it was in 1688; however, we have still so good a prospect, and such a remainder of strength, as, if it be well managed, our affairs may be restored in some moderate term of time. A good symptom, for the present, of remaining health and vigor in the body politic is, that we see nothing abated in the price of our native commodities. And, besides, without doubt, we have yet felt no such poverty as has reduced us to let our buildings and farmhouses go to ruin. As yet, there has been no where a visible fall in the rents of land and houses. It is true the interest of money is risen; but that has plainly proceeded from the advantage men have found by dealing with the exchequer. It is to be feared our stock of shipping for trade is less at present than before: however, our fleet and naval strength is apparently more powerful now than ever it was; and undoubtedly this war has bred us more able seamen than formerly we had. But the truest sign of our vitals not being tainted, and that we are not wounded in any noble part, is, that our manufactures and all our home produce, generally speaking, hold up to their former rates. For this is a direct evidence that we are not at all, or very little, diminished in the numbers