THE POLITICAL VALUE OF HISTORY
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desired to reduce its colonies to servitude by taxing them without their consent. But if you will look closely into the history of that time—and there is no history which is more instructive—you will find that this is a gross misrepresentation. What happened was essentially this. England, under the guidance of the elder Pitt, had been waging a great and most successful war, which left her with an enormously extended Empire, but also with an addition of more than seventy millions to her National Debt. That debt was now nearly one hundred and forty millions, and England was reeling under the taxation it required. The war had been waged largely in America, and its most brilliant result was the conquest of Canada, by which the
