hatred, enrich rapacious generals, and transfer a crown
from one family to another, were ends of the English funding system, not much more just or useful, than those experienced here. This system or policy, therefore, has very little to boast of for its exploits in these two eminent cases.
Bat there is a theory in favour of funding systems, artfully suggested to cover their practical evils. Nations are persuaded that they can anticipate the riches of posterity and bequeath it their misfortunes; seduced by this glittering temptation, they have forborne to look through its gilding, in order to discover what it conceals.
Could one generation thus have plundered wealth and leisure from another, each would have preferred certain victories costing neither blood nor money, to murderous, precarious, and expensive wars; and though the wisdom and justice of the Deity might lave been rendered questionable, by the subjeetion of unborn innocence to the tyranny of existing vice, yet the crime would have been perpetrated in security, and the magnitude of the acquisition would have varnished over its flagitiousness, in the eyes of the perpetrators.
The propensity of nations to molest their contemporaries for the sake of wealth, is recorded in innumerable examples; and as the same passion would with additional strength have incited them to invade the rights of the unborn, an existing generation would have wanted motives for self-molestation, if these motives could have been appeased by calling forward into their own pockets the inexhaustible wealth of time to come. It is therefore probable that such an operation is physically impossible, because the treasures of anticipation have not suspended for a moment the disposition of existing nations to plunder and oppress each other, or of existing governments to plunder and oppress the people.
But an opinion that it is possible, for the present generation to seize and use the property of future generations, has produced to both the parties concerned, effects of the same complexion with the usual fruits of national errour.
