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Show AND QU E S T I O N S 34 mount. comitry thus exporting, and importing; abf'tain, fay they, From the vanities and luxuries with which ling- land ufed to fupply us, and draw the caih of England by continuing to carry out the product of our labour and indul'try.- This is fpecious, not folid reafoning. The exports from this continent to Great-Britain conliil chiefly of rough materials, or of fuch luxuries, which by being relhipped from the ports of Great-Britain enable its merchants to traffic with foreign nations to greater ad- vantage, and to pay a balance by an exchange of commodities, that mull otherwife be diic‘narged in bullion. A floppage of our exports mull therefore very feniihly admit the trade of Great-Britain to the tell of Europe; and we have reafon to conclude, that if fuch f'toppage {hould {ublifi for any length of time, the European trade, which England now drives on, would be fo much impaired as to put the balance againll: her with every European nation. It is therefore good policy to withhold our exports from GreaoBritain, Ireland, and the Britilh Wefblndia iflands. But under a total floppage of our trade, is it poflible to {upport this cival war for any length of time, for three or four years for inf'tance? It is very difficult to determine what enthuliafm, in- dignation, and the love of ones country, may not ac~ complilh. We have read of nations llimulated by thole paifions, though deflitutc of foreign and internal re- fources, having made incredible ef'r‘orts to preferve their freedom; witnefs the Saguntines, and the Carthagi- riians in the laf't Punic war. It may be doubted whe- ther thefe colonies, if thus reduced, would imitate {o glorious an example. Carthage and Saguntum were tingle cities; their deflruflion was irrevocably fixed, and death or flavery, the only choice of citizens refolved to ANSWERS. 35 The inflances are not fimilar, why then ex e‘t fimilar efforts P-Without trade there feem to be pbiit two ways to fupport the war; emittin'r paper mone and borrowmg on interefl part of that mgney f0 emitt ed]: for once deflroy the credit of your currency and o, render it mere waf'te paper; its value depends on its dieu (lit, and Its credit on the opinion which peopl e at lar e entertain of our ability to exchange it hereafter for oil"! and filver; iuppofe, for inflance, the continent {ligul emit 100 millions, who could ierioufly imagine fuch d a firm would ever be paid oEin gold and filver? it follo ws then of courfe that we are limited in our emifliom becaufe our faculties to redeem thofe emiflions are limit ed To what amount may we emit? . No man, perhaps, can folve this quefiion 3 the perfon. who {hould even prefume to guefs, mull have a thorou0h knowledge ofthele colonies, he mutt be well acquaintid With-the number oftheir people, their inclinations arts and indullry, the produc} of our (oil, its capabiiit ol‘ improvement, the fillieries, trade, and manufaéloriies Which may be ellablilhed, and fuccefsfnlly carried on, The extent of thefe emiflions will depend too in a meat degree, on the events of the war 3 a merchant, who broil 1pets in trade may obtain credit to almofl any amoiint; rsslifgiiélmay exceed by feveral hundred thoufands his th'Suppoge fix milllions currency emitted; what part of what is emi imerion cflf mi g t b e borro i wed on intere i ll, and ' on Where the rifk is great the interefi muf't he hicrh' where-the circumllances of the borrower are conceived td be deiperate, he will not be able to borrow, or mufi give an extravagant premium. The pollibility then of borrowrng, and the rate of interefi, will depend on our and or u bad if . i‘ucce good {h l‘ss-lf fix < millions were to b e emitt ' ed, t' o r a airs , ould prolper, perhaps 2,500,000 mmht die, or remain free; an implacable and hated enemy be borrowed by the Congrefs at fix per cent. interzft furrounded their walls; one common fate, mutual {uflierings, and indignation, infpired them with a courage That tum would but barely anfwer the charge of and campaign ; of future expences, however, a good judoe- heightened by dei‘pair, which the perieverance and conduct of Hannibal, and Roman valor, could {carce fur- men: may be formed from the pail. mount. It certainly viii" not |