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dence, or that renders your schemes uncertain or 

 unsafe, and makes it more advisable for us to keep 

 our money where it is or, at least, to hold back until 

 such time as we see people come from your estate, 

 laden with your iron, your copper, your cotton, 

 your tea, and satisfy us that they are good of 

 their kind, and tell us what it had cost them to 

 obtain them/ In the mean time, if Jones' income 

 and expenditure were closely balanced, he would 

 be compelled, on every sudden pressure, to raise his 

 rents, to enable him to live as he was accustomed 

 to, to construct roads, build bridges, and to perform 

 many other functions obligatory on all good land- 

 lords. Or, should the sovereign, or the paramount 

 authority, have fixed the tenure of his lands, this 

 source of increase would be cut off; and his only 

 alternative then vrould be the Money Lender ! When 

 this failed i. e. when his credit was gone, or so far 

 gone, as to render it possible for him to obtain 

 money only at a ruinous rate of interest, he would 

 be thrown back on his original position, and, 

 abandoning all hope of improving his property, 

 he would be compelled to let it go to ruin, or, at 

 best, to sit down in inactivity with a heavy mill- 

 stone of debt about his neck, leaving the com- 

 munity of his tenantry in the same state of poverty 

 as that in which he found them. 



In such circumstances, it is very clear, that, the 

 last state of Jones, would be worse than the first. 



