Sunday, March 11, 2012

Olamic oppression...

Ongoing and eternal oppression: plus ça change, plus c'est la même chose: history repeating itself: "Between 1720 and 1723 John Trenchard and Thomas Gordon published Cato's Letters. This is No 4."[Against false Methods of restoring Publick Credit]: part is quoted below; Raewald has the rest.

"SIR, All men are now taught, by miserable experience, that the project of the South-Sea, through the hard-hearted knavery of some, who have been in the direction of it, and through the folly or rather distraction of the people, has not answered the good and wise ends designed by the Parliament; but instead of that, has ruined thousands of innocent and well-meaning people, to glut harpies and publick robbers with millions: 

Unhappy fate of poor England, worthy of a better! For this, trade has been neglected: For this, industry discouraged: For this, credit undone; and all, that stock-jobbers might make fortunes, and small sharpers grow mighty men. 

Every one, therefore, seems to agree, that something is necessary to be done, in a legal way, to restore, once more, our publick credit. But it is hoped, we are far from consenting, that any thing ought to be done to repair the losses, occasioned by folly and covetousness, out of the estates of those, who always foresaw, who always opposed this mighty mischief; much less at the further expence of the honour and trade of the nation."...[...]

...Such mighty mischiefs as these men have done, will be but meanly atoned for by such infamous lives, unless their estates be also confiscated; and even these, great as they are, will repair but part of our misfortunes. But what we can have of them, let us have; their necks and their money."

Bookmark and Share

No comments: