date

[xxxvi. 20] 1821. April 10.
[xxxvi. 20]

1821. April 10.

First Lines

Constitutional Finance.

But, for the purpose of corruption, the matter of apt expenditure is never regarded as sufficient: that quantity has its limits: but to the quantity of expenditure for which limited monarchy with its indispensable corruption and delusion fund has a demand - a demand perpetual and irresistable, - there are no limits: to the quantity of wasteful expenditure, for which it has this same demand, there are therefore no limits.
Similar Items
  • Title: [[xxxvi. 35] 1821 April 10 Financial]
    Description: [xxxvi. 35]

    1821 April 10

    Financial

    Rudiments to be [...?] from.

    Sources of wasteful Expenditure. 1. Unnecessary war. 2. Difference between the pay of a Monarch and d o. of the Chief of a Representative Democracy. 3. In particular, all expenditure applied to the maintenance of lustre, splendour, dignity. 4. Expenditure applied to the advancement to purely ornamental art and science. 5. Where the function itself is necessary, expenditure applied to the pay of a superfluous number of functionaries. 6. So pay in superfluous quantity to each or any functionary. 7. Distant dependencies - all dependencies the maintenance of which costs, by reason of their distance, more money than is or can be extracted from them by the governing country in such sort as to operate pro tanto in diminution of the taxes imposed upon it. 8. Encouragement applied to this or that branch of production under the notion of adding to the quantity and value of the whole. 9. Pensions of Retreat see Morn Chron 10th april 1821. African Company Debate. 10. Compensation pensions on reform.

    The sources or modes, actual and customary, of wasteful expenditure, may be distinguished into two classes, having quantity for their mark of distinction, viz. Wholesale and Retail. The wholesale may again be distinguished into those which are essential to the form of Government and those which, howsoever congenial, are incidental to it.

    The matter of wasteful expenditure, essential to the form of Government is in the case of an absolute monarchy the difference between the pay of the Monarch, and the least pay sufficient for the President of a Representative Democracy.

    In the case of a limited Monarchy, it is that same /the above/ quantity with the addition of the quantity employed in the works of corruption and delusion: coruption, applied more immediately to the representatives of the people: delusion, applied more efficiently and needfully to the people themselves.
  • Title: [[xxxvi. 22] 1821. April 10.]
    Description: [xxxvi. 22]

    1821. April 10.

    Financial

    2. In an absolute Monarchy, the exemplification of this mode of wasteful expenditure will, of course, be frequent: frequent in proportion to the power the Monarch possesses, or regards himself as possessing, with relation to the community /inhabitants/ of such states as are within his reach.

    3. In the case of a limited Monarchy, the practice will, be still more frequent: the propensity still more incessant, and much more intense. For, in this case, whatsoever addition is made to the waste is so much made to the instrument, the existence and use of which is necessary to this species of monarchy, viz. the corruption fund.

    II. Distant dependencies
  • Title: [[xxxvi. 26] 1821. April 25.]
    Description: [xxxvi. 26]

    1821. April 25.

    First Lines.

    Constitutional Finance

    In so far as, with reference to that better and happily larger portion of the whole community, they are regarded as being, in this scale of public virtue and good behaviour, superior or equal, delusion has place. Screwing /Raising/ up to its maximum the degree and effect of this delusion is a third purpose in which, under this form of Government, public waste employs itself.

    In an absolute Monarchy

    In proportion to the quantity in which the waste employs itself in the affording of gratification to the appetites of the individuals in question, and by the whole of that quantity the purpose of delusion is completely /in a complete degree/ accomplished, and the purpose of corruption in a principal degree: To screw up the effect of corruptive influence to its maximum may probably require endeavours to an amount more or less considerable specially directed to that particular purpose: and Such endeavours are /being/ acordingly no where and never wanting, means are wanting for forming /pronouncing by/ any sufficiently grounded judgment whether, without such endeavours, the mere possession of that same or any other quantity of the subject matter of waste operating of itself in the character of matter of corruptive influence would, in the hands in question, be adequate to the production of the actual effect. Be this as it may, it will be, if it is not already, sufficiently manifest that, by the same quantity of the matter of wealth thus expended in waste by the hands in question, in addition to the gratification of the several appetites, those two other purposes, corruption and delusion - all three, though so inseparably connected, so perfectly distinguishable from each other, are produced.

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