[ 8 ] 



can never anfwer it without a frefii re- 

 duction of his income, by a new unpro- 

 fitable mortgage. 



I fuppofe his eftate improvable : in this 

 fituation, 1 pciiundc him to undertake the 

 ini})iovcment ot it: he has no money j 

 let him borrow it; very different will fiich 

 a mortgage.be, from one which remains 

 "a dead Vv-eight without returning any be- 

 nefit. He expends 500 /. then loco /. after 

 this 15C0 /. and fo on, to the amount we 

 will fuppofe of 10,000/. The intereft 

 400/. a year. If his total profit is no 

 more than i^ per cent, he.clears 10, which 

 is 1000/. per year income. This profit 

 pays the intcrcd of his original mortgage, 

 - — the 200/. a year excefs in expences, and 

 leaves a furplus of 400 /. a year. Thus is 

 he better than when he firft began the 

 world by 10,000/. in pocket, and 600/. 

 a year : a flriking contrail to his late un- 

 fortunate fituation ! — In this flight iketch, 

 I merely unfold the confequences of im^ 

 provements, it (hall be the bufinefs of fuc- 

 ceeding letters, to point out the particular 

 means. 



But let me at prefcnt further obferve, 

 that large fums of ready money are the 



foul 



