Note 905 — Chapter VII · (continued 2)

‘It had been proposed to Sir Robert Walpole to raise the revenue by imposing taxes on America; but that minister, who could foresee beyond the benefit of the actual moment, declared it must be a bolder man than himself who should venture on such an expedient.’ Walpole's George III. vol. ii. p. 70. Compare Phillimore's Mem. of Lyttleton, vol. ii. p. 662; Bancroft's American Revolution, vol. i. p. 96; Belsham's Hist. of Great Britain, vol. v. p. 102.