31 Some neighbouring states practise an easy expedient, by which they lighten their public debts. The French have a custom (as the Romans formerly had) of augmenting their money, and this the nation has been so much familiarized to that it hurts not public credit, though it be really cutting off at once, by an edict, so much of their debts. The Dutch diminish the interest without the consent of their creditors; or, which is the same thing, they arbitrarily tax the funds as well as other property. Could we practise either of these methods, we need never be oppressed by the national debt; and it is not impossible but one of these, or some other method, may, at all adventures, be tried, on the augmentation of our encumbrances and difficulties. But people in this country are so good reasoners upon whatever regards their interest, that such a practice will deceive nobody, and public credit will probably tumble at once by so dangerous a trial.
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