JB/107/168/001

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Bankruptcy — ProbabilitySuch is the nature of National Bankruptcy: bad
enough, but not so horrible as it is apt to paint itself
The next questions are — Is the mischief likely to befall us
and, if so, within what period may it be expected.

The answer is: that depends upon the proposition between
Peace and War — upon the portion of men respectively spent
in those two states — Peace and or War depend partly upon
ourselves, partly upon other Nations: at the present period
upon the French.

The arrival of Bankruptcy at some period or other,
is matter fr not of conjecture but of mathematical certainty
during War, the So long as we are at War Our demand for money is continually increasing: our resources
continually diminishing, and when if two quantities
are thus circumstanced, though the largest larger were as bi large
as the solar system, and the smaller as small as a
microscopic animalcule, sooner or later
they must change places

Our taxable matter, vast beyond expectation as it
has proved, is still a limited generality. Like every other
limited quantity, sooner or later, if continually drawn
upon it can not but be exhausted.

The measures taken establishment made for the buying in of that part of the National
Debt which was contracted for before 1793 will have
of discharged that incumbrance within some a period of between
33 and 54 Years: and since every additional
borrowed has been accompanied with provision made
for the discharge of it which will have affected its object
the expiration of a period of about 40 years. So that
if we can hold out without Bankruptcy for the value
of 40 or 50 years, or so, there seems little danger of difficulty about over not

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Identifier: | JB/107/168/001 "JB/" can not be assigned to a declared number type with value 107.
Date_1		Marginal Summary Numbering
Box	107	Main Headings
Folio number	168	Info in main headings field
Image	001	Titles
Category	text sheet	Number of Pages	1
Recto/Verso	recto	Page Numbering	e1
Penner	jeremy bentham	Watermarks
Marginals		Paper Producer
Corrections		Paper Produced in Year
Notes public		ID Number	35159
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