This free revenue has not increased so fast as the value of money has decreased, previous to the year 1793; and certainly, at that time, the annual sum of 7,000,000 L. was no equal to 4,000,000 L. in the reign of Queen Anne.
The green part shews the annual interest of the national debt, and proves, beyond contradiction, that, under such a system, expenses of war (for the whole debt has been contracted for wars) augment in much more than a simple proportion.
The yellow part, bounded by a curved line, shews the manner in which the sinking fund will increase in its operation of paying off the debt, on the supposition that the nation continues to borrow as it has [end of page #214] done for the last twelve years; setting apart one per cent. on every new loan, for its liquidation.
As comparative views are the great object of these charts, a yellow dotted line is made, representing the amount of the revenue of France during the same period, till 1789, when the revolution stopped its progress; since which its amount has not been regularly known. {173}
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{173} The author published an Atlas, containing twenty-seven charts of the different branches of commerce, revenue, and finance, of England, which was translated into French. The fifth edition, much improved, and brought to the present time, is now printing, and will be published in November.
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[end of page #215]
CHAP. III. [=sic= - error in printer's copy, should read II.]
Of Education, as conducted in England.-- Amelioration proposed.-- Necessity of Government interfering, without touching the Liberty of the Subject.