Essays of Benjamin Franklin

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Monograph

Identifikator:: 1752429486

URN:: urn:nbn:de:zbw-retromon-127700

Document type:: Monograph

Author:: Franklin, Benjamin http://d-nb.info/gnd/118534912

Title:: Essays of Benjamin Franklin

Place of publication:: New York

Publisher:: G. P. Putnam's Sons

Year of publication:: 1927

Scope:: xi, 273 Seiten

Digitisation:: 2021

Collection:: Economics Books

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Document type:: Monograph

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Title:: XIX. Sketch of proposition for a peace

Collection:: Economics Books

I; Essays % pay to Great Britain the sum of ——— sterling, in annual payments; that is to say, —— per annum, for and during the terms of —— years, And shall, moreover, grant a free trade to all Brit- ish subjects throughout the United States and the ceded colonies, and shall guarantee to Great Britain the possession of her islands in the West Indies. Motives for Proposing a Peace at This Time 1. The having such propositions in charge will, by the law of nations, be some protection to the com- missioners or ambassadors, if they should be taken. 2. As the news of our declared independence will tend to unite in Britain all parties against us, so our offering peace, with commerce and payments of money, will tend to divide them again. For peace is as necessary to them as to us; our commerce is wanted by their merchants and manufacturers, who will therefore incline to the accommodation, even though the monopoly is not continued, since it can be easily made to appear their share of our growing trade will soon be greater than the whole has been heretofore. Then, for the landed interest, who wish an alleviation of taxes, it is demonstrable by figures, that, if we should agree to pay, suppose ten millions in one hundred years, viz., one hundred thousand pounds per annum for that term, it would, being faithfully employed as a sinking fund, more than pay off all their present national debt. It is, besides, a prevailing opinion in England, that they must in the nature of things sooner or later lose the colonies, and 776] IQ"

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