JB/107/150/001

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Political Prospects
or
What's to be done?
or
What's to become
of us?

That death when
it comes may
come without con

Will not
in
when
if the
mischief
Let us further

Ordo

I. Timnada
II. Facienda
I Timnada
1. Certitude
2. Real Magnitude
II. Facienda
1. Retrenchments
2. New Supplies
3. Procurement of information
under
both heads — by
1. Revival of Finance
Committee
2. Encouragement
of Private Speculation.
2. Invitation to
those of Letters.

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Impossibility of
keeping up the
exertion necessary
for defence much
longer, and at the
same time

Not Worth while to
endure any encrease of burthen,
for the a superior chance of
crushing the French
Government

Not worth while
for the sake of any
Colony or number of
Colonies

Colonies useful
if at all, only as
evidence of strength
(and thence of security)
than as efficient
causes
and as preserving
trade standing by keeping
it from sudden prohibitions.
Period of the exhaustion
of the
taxable matter a
period speedily approaching.

Surplus when it
comes in may be
applied to the purchase
either of present
ease, by the
abolition of taxes,
or future security
by buying in of
Government annuities

Government annuities
when bought
in become a fund
applicable in case
of necessity to the
purposes of present
defence.

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Cause of taxation War the only one worth dwelling on

Causes of War — 1. Colonies 3. Foreign Traders 3. Honour & Glory 4. Rights of man Constitutional disputes 5. Ballance of power.

The worst that could happen a total Bankruptcy

The next worse a partial Bankruptcy i.e. a deduction from the Annuities

This in point of inequality is no more than on a footing with the Land Tax.

In point of real suffering it is no more than Mr Pelhams operation.

N.B. The Pelham operation would not be so easy to perform another term, since the apprehension of being paid off (henceforward warranted by that experience) would naturally keep them from rising to so high a pitch as without that apprehension they did and would rise to.
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Remedies vulgar their inadequacy 1. Economy, 2. Democracy.

Remedies proper but not likely to be adopted.

I. Recovery from prejudices, in favour of 1. Colonies 2. Foreign Trade 3. Honour & Glory 4. Ballance of power 5. Sea Captains 6. Privileges in Trade 3. Council of — against 1. Taxes on Export 2. Excise De non armande

II. Council of phictyons

The price of our Funds will naturally be affected by the several foreign Funds — encreased by the diminution of the Credit of the other Governments put together — diminished by any diminution in the rate of accumulation among the subjects of other Governments.

France has been the next greatest market to Britain for Government Annuities. After a peace, if the credit of the French Government should be unable to recover itself, at the same time that accumulation gives in to a certain degree, French Capital will come into our funds in much greater plenty than before.
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Rcoveries indicated

II. New Supplies

1. Taxes on Foreigners & in Different Colonies

Identifier: | JB/107/150/001"JB/" can not be assigned to a declared number type with value 107.
Date_1	1798-08	Marginal Summary Numbering
Box	107	Main Headings
Folio number	150	Info in main headings field	heads for political prospects
Image	001	Titles	political prospects / or what's to be done? / or what's to become of us?
Category	rudiments sheet (brouillon)	Number of Pages	1
Recto/Verso	recto	Page Numbering
Penner	jeremy bentham	Watermarks
Marginals		Paper Producer
Corrections		Paper Produced in Year
Notes public		ID Number	35141
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