19 Decr 1801

Maximum

Ulteriora

2

Thus stands the account, so long as the land suffices for its inhabitants in

prospect as well as in existence – and so long as emigration /efflux/ whether of

hands or capital is a loss. But when efflux in both ways is become a relief –

efflux of hands and mouths by relieving /instigating/ scarcity – efflux of

capital by mitigating the income-tax imposed by capitalists upon capitalists as

capital accumulates and the rate of interest the income given /obtainable/ for

the use of it is borne down – in this already impending, yet although impending

scarcely yet so much as imagined state of things. – Colonies, though still a

drain – are notwithstanding, and were because they are a drain – a relief.

The retribution for the burthen /past expence/ is – a scene /prospect/

improvement from Paradise lost – a prospect such as the Angel shewed to Adam –

men propagated /spreading/ in distant climes, through distant ages from the best

stock – the earth covered with British wealth and British population rich with

British wealth – safe /tranquil/ with British security – the fount of British

law.