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

Note 120 — PART III.

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The author of the Considerations on the Trade and Finances of this Kingdom makes this debt 1.318,000l. more than the sum at which I have here stated it. See page 22; and State of the Nation by the same author, page 15, quarto editions.—The reason of this difference is, that this writer has included in the unfunded debt left by the war the deficiencies of grants and funds in 1763 and 1764, and the whole army debt not provided for in those years; whereas I have excluded the former entirely; and admitted only as much of the latter as exceeded the army debts common in subsequent years. See the Postscript.

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