A Letter, Commercial and Political, Addressed to the R. H. H. William Pitt

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Excerpt from A Letter, Commercial and Political, Addressed to the R. H. H. William Pitt: In Which the Real Interests of Britain, in the Present Crisis, Are Considered, and Some Observations Are Offered on the General State of Europe That the calamities which affeét our commerce and ma nufaé'tures are great beyond example, it is unnecefi'ary to prove. The unprecedented and alarming meafures which are reforted to in parliament to prevent the univerfal wreck of credit, put this beyond a doubt. - It does not however feem to be generally obferved that thefe calamities are not peculiar to Britain. Bankruptcies have fpread and are fpread ing every where over the continent of Europe, through France, Holland, Germany, Poland, Ruilia, Italy, and Spain, and every where private as well as public credit is impaired or def'troyed. If the injury to commerce and manufat'lures be more felt in Britain than elfewhere, it is becaufe we have had more commerce and manufaetures to be injured. And this reafon, which explains why Britain fuffers apparently more than the other kingdoms of Bumpe, willalfo explain why the different towns and counties of Britain fuffer at ptefent exaaly in proportion to their former commercial profperity. In one refpeét England dir'i'ers at this junéture from mo¿, of the other European nations - our public credit is yet tolerably found - Whilft the governments of Rullia, Auftria, Poland, France, and Spain, are either bankrupt, or on the verge of bankruptcy, and have had recourfe to praé'tices that differ little from Open rapine. I {late thefe faé'ts on authorities to fome of which I {hall allude as I go on, but I believe that you will admit them at once as unquei'rionable. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully, any imperfections that remain are intentionally left to preserve the state of such historical works.