[xxxvi. 19]

1821 April 10

First Lines

Constitutional Finance

Finance

Finance - ask for its actual end, - in a representative democracy economy - good economy in both its branches.

In an absolute Monarchy bad economy and good economy in both shapes likewise /at the same time/ bad economy in the shape of misappropriation - by applying to the personal use of the Monarch as much as possible of what is collected by the power of government; waste, in respect of that which /whatsoever/ is not so /thus/ misapplied - useful appropriation with reference to the several branches of the service to which it is so applied: restrictive economy - frugality - that as much as possible may remain[?] applicable to those improper purposes.