JB/109/116/001

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1819 2 Aug.
Collectanea. Parl. Reform

Morning Chronicle 31 July 1819

Upon the recent occurrences in different parts of the North, Mr
Justice Bailey made the following very sensible and forcible observations
in his address to the Grand Jury of the County of York, on
Monday last.

Extract ..... It was a favourite opinion with many, that taxation
was the cause of all the distress experienced in any part of the
Country; but if it could be shewn that the lower classes derived
their employment and comforts from taxation, it could not be
fairly alleged that they were prejudiced by taxation. It was undeniable
that the prosperity of the Country had encreased in exact
correspondence with the encrease of the National debt. About
£40,000,000 annually were, by means of a our national debt, and taxation,
circulated through the Country, affording capital for great
undertakings, creating credit and confidence, and diffusing
among all classes Industry and wealth. If no national
debt had been accumulated, and accumulated to an immense
extent, where could the money saved by Individuals be disposed
of? It would either lie dormant, and industry would be
checked, and enterprise enervated; or it would be conveyed to
foreign Countries, and this Country would be reduced to the
unhappy situation of beholding with envy and regret some
other Country flourishing by means of Capital to which
we gave no employment. These were not hasty notions, which
he had adopted in consequence of recent events; they were the
deliberate and long established conviction of his own mind,
and he had come to that conviction after the fullest consideration
of the ablest writers on the subject.

Identifier: | JB/109/116/001 "JB/" can not be assigned to a declared number type with value 109.
Date_1	1819-08-02	Marginal Summary Numbering
Box	109	Main Headings	Parliamentary Reform
Folio number	116	Info in main headings field	Collectanea Parl. Reform
Image	001	Titles	Morning Chronicle 31 July 1819
Category	Collectanea	Number of Pages	1
Recto/Verso	recto	Page Numbering
Penner		Watermarks
Marginals		Paper Producer
Corrections		Paper Produced in Year
Notes public		ID Number	35771
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