1820 May 10

Emancipation Spanish

It is not therefore to any such account as the advantage /exercise/ of exercising dominion that any money freely obtained for even equivalent can with propriety be set down.

For the obtaining of money /or [...?] with/ by the exercise of dominion there remains but these other conceivable sources. terms 1. One is taxation: 2. the other is receit of the produce of mines of land containing mines: of land in the shape /name/ of rent.

First as to money obtained by taxes. Whether even for a moment in any one of the provinces the people will without equivalent submitt to pay to be remitted to Spain for the use of the people in Spain any money on this score seems in no small degree doubtful. That they would not for any considerable length of time seems altogether certain.

As the business of government can not in Spanish America any more than in Spain be carried on without money, nor money extracted from the people otherwise than by taxes, what is necessary for the carrying on of the government in Spanish America, must at any rate be provided by taxes imposed on the people of the several Spanish American provinces. If then by or for the people of Spain in case of their burthens money to any amount is, by taxes on the people of /in/ Spanish America, to be raised in Spanish America, any such money must, all of it, be extracted /raised/ /levied/ in addition to whatsoever is extracted from the people of Spanish America for the carrying on of the business of government there, and by so much will the weight of the burthen borne by them in this shape be encreased.