[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