Note 120 — PAPERS ON AMERICAN SUBJECTS, DURING THE REVOLUTIONARY TROUBLES. (continued 2)

Mr. Burke tells us (in his speech in 1774) that this preambulary tax had lost us at once the benefit of the west and of the east; had thrown open folding-doors to contraband; and would be the means of giving the profits of the colony-trade to every nation but ourselves. He adds in the same place, "It is indeed a tax of sophistry, a tax of pedantry, a tax of disputation, a tax of war and rebellion, a tax for any thing but benefit to the imposers, or satisfaction to the subject." B. V.