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A 1
Political Prospects
2 Bankruptcy - what
Nationa Bankruptcy, National Bankruptcy is
a term that it should seem might be employed
in the event of the Governments finding itself
obliged to fail in any degree respect or any of fulfilling
any of its engagements: at least more especially any of the
engagements which it has contracted towards
such of its Creditors as are possessed of any so in virtue of their
of the annuities created by Government — or
in other
To p.2 *
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<p. From p.2.* Bankruptcy The point of substance and effect
Bankruptcy it is evident admitts of a multitude
of degrees — as may as there are in a can be numbered
decreasing of runs beginning at decreasing from £ 19s 12 3/4 per
£ and ending at to down to a single farthing.
This is not however the point idea of view in which
in speeches and pamphlets, especially in Opposition
speeches and pamphlets it is common to find it see it
contemplated exhibited. With them On these occasions it Bankruptcy is an
and entire thing the same. It is synonymous
to ruin — and involves in it the consummation the death of the nation <add> punishment
of national misery. The destruction of all property
and with it of every thing that can make life
desirable. at any rate such a an abyss of
wretchedness as an human eye can see to the bottom
of.
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