If it be admitted that prices could also be diminished, and facilities for export increased, by a contraction of our circulating medium; it should be admitted, below this proviso, that there shall not be any counteracting circumstances,-and are there none of this description? If the Committees of Parliament have directed their inquiries to the factors I have above suggested, and no longer impute, without proof, the state of the value of gold or the reason for alternate to excess of forex, we shall hope that the real fact will at length be admitted and pretty acted upon. It is trusted nevertheless that the present Committees is not going to adhere to a line so culpable, however emancipating themselves from the trammels of prejudice, will enter into each view of the question, and face each problem which can current itself. Let us advert additionally to the annual amount of income which the current population annually expends. 3,000,000, so that our present annual revenue ought to be, upon these data, 264,840,000 l. We feel assured nevertheless, that our satisfaction upon this level will not be lengthy delayed, once we contemplate the talents and impartiality of these who are employed in the current investigation.

Great Britain computed in a population of 10,242,000, was 102,420,000 l., but as costs have been doubled in 1810, the income will need to have nominally doubled additionally; and the annual revenue of Great Britain in 1810 as well as at current (as the prices haven't since elevated) should be 204,840,000 l.; to which should be added, an earnings at 20 l. Supposing the revenue of Great Britain was equal in 1790 to 10 l. Few are ignorant of the legislation respecting equal and reverse forces performing upon one another in opposite instructions, and i belief they are going to apply it upon this occasion. And as our taxes and forex are equal in quantity to each other, and of course their proportion to our revenue respectively the same; and as their tendencies are diametrically reverse, and counteractive to one another, it essentially follows, that no matter impact is produced by a change in one, that change will work a contrary effect in the opposite. It's an understood reality, that a very massive proportion of the Sovereigns which had been issued from the Mint here in 1815, handed into France, and were coined into Louis' at the Paris Mint; a truth so infamous, as to have known as for a Legislative Act to satisfy the evil.

They then ship in giant quantities of Notes to the Bank, and obtain bullion for them at 3l. 17s. 10½d. and they then oblige the Bank to re-purchase the identical bullion at 4l. an ounce. I see nonetheless, that Mr. Ricardo and others, are forming schemes for enabling, or for obliging the Bank to pay their Notes in bullion instead of coin, at mint value, no matter be the market worth; as if there were any difference in fact and reality between paying in coin and in bullion, which is weight for weight of the same value as coin. Now, it's submitted, whether this circumstance alone is not going to naturally account for the price of Bullion being larger here than on the Continent, even when exchanges and remittances are balanced.-Will it not additionally account for the price of all other articles being dearer? Is not going to this circumstance to a substantial degree, counteract even favourable exchanges? That form of artistry and care is clearly in proof, even in small details. The RFID chips are tiny black specks in the small loop of each antenna. But from our immense exertions during the struggle, our taxes have been raised to such a height, that, excluding our Poors' Rates, we're taxed greater than in the proportion of four to at least one.-The inhabitants of France is estimated at close to 28 thousands and thousands, and the amount of its taxes is nearly the same.-The population of Great Britain is about 13 millions, and the taxation above 50 hundreds of thousands, expenses of assortment included, which makes a proportion of four l.

Now it is going to be allowed, without dispute, that in the exact proportion as the quantity of our forex is diminished, the burden of our taxes will probably be elevated. It is now then satisfactorily demonstrated, that the circulation in 1810, so far from being excessive, was to an nearly unbelievable diploma less in proportion to the taxes to be paid and the revenue circulated, than in 1790, before the conflict. But I really began with indirect trade, as a result of I believed that I did not have a lot time; I knew that we have been on the eve of a fantastic conflict and price i needed to complete my book before the battle's outbreak. When before the warfare our web taxes amounted, to about 17,000,000 l. Let us advert once more to the state of our taxes. I now then beg leave to return to my citation from the Bullion Report of 1810. I beg leave to substitute Increase of Taxes to Excess of Currency, as the cause of the rise of prices-and then I argue with the Report, that within the event of prices being significantly augmented in one Country by an excellent increase of taxes, while no related enhance has led to the same rise of prices in a neighbouring Country, the value of gold will not continue to bear the identical relative value in the 2 Countries as before.