1820 July 24

Emancipation Spanish

Summary

IV. Rulers gainers

Though, to the interests of the subject many, considered in a

pecuniary point of view the exercise of such dominion by such hands would, in the

above ways, and in the above degree be detrimental,- yet to the particular interests

of the ruling few of the particular class of men by whom it would be exercised - the

exercise of it would be in no small degree beneficial: and the more so the more

highly detrimental to the interests of the subject many:

It would make a corespondent addition to the stock of external[?]

instruments of felicity at their disposal in all their several shapes - money, moneys

worth, power factitious dignity for self, dependents and connections.

If in the article of such enjoyment the profit to the ruling few were equal in

quantity to the loss of the subject many nothing would be to be said against the

dominion or the sacrifice so unavoidably resulting from it.