Letters of the Earl of Dudley to the Bishop of Llandaff

Letters of the Earl of Dudley to the Bishop of Llandaff

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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1840 edition. Excerpt: ...but not violent nor cruel. The resources 1817. AUSTRIAN FINANCE. 179 of the country are immense, but they are sadly wasted by an inveterate system of mal-administration in every thing--law, army, and finances. There is no trial in open court. Justice is slow, and, I am assured, venal. They have made the worst army out of some of the best materials in Europe, and at a ruinous expence. They have raised a great deal of money by taxes, and a great deal more by what is so incomparably more oppressive than the most odious and injudicious taxes, by fraudulent bankruptcies, and perpetual, foolish, ignorant tampering with their currency. All this has, of course, occasioned great injury to trade, great public dishonour, and extreme misery to Individuals. What would you that bear so impatiently in poor Van a deviation of about 20 per cent, from the true polarity of an upright finance minister, say to a paper reduced by excessive issues to 1200 per cent, discount, taken, however, by the government (such was its honesty) at only 500 per cent, and paid for in a new currency issued at par, but which fell at once 50 per cent., and which, after having been as low as 400, has now settled itself for some time at 300. There was a law framed to rectify (of course very imperfectly) the defects of contracts made during the progress of the first depreciation, but (if I understand rightly) the whole evil of the second has been left to fall upon society. There is a fact, if it be a fact, of which I have been assured upon what I believe to be good authority, which places Austrian mismanagement in a most striking point of view. You know how unpopular their government is in Italy, and how much more onerous to the inhabitants than that which preceded it, yet it is said that...
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Product details

  • Paperback | 90 pages
  • 189 x 246 x 5mm | 177g
  • Miami Fl, United States
  • English
  • black & white illustrations
  • 1236629949
  • 9781236629944