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Two Tracts on Civil Liberty, the War with America, and the Debts and Finances of the Kingdom

Note 85 — PART II. CONTAINING Remarks on some Particulars in a Speech at opening the Budget in April 1776.

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When the silver specie was recoined in King William’s time, it appeared, that a great treasure had been hoarded before the Revolution, in consequence of the danger of public liberty at that time. See Davenant’s Works, Vol. I. p. 439, &c.

In Russia it is reckoned, that as much money lies buried under ground, as exists above ground.

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