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?©d?©ric, 1801-1850

"Essays on Political Economy"

You do not see that, before the
disbanding as well as after it, there are in the country a hundred
millions of money corresponding with the hundred thousand men. That the
whole difference consists in this: before the disbanding, the country
gave the hundred millions to the hundred thousand men for doing nothing;
and that after it, it pays them the same sum for working. You do not
see, in short, that when a tax-payer gives his money either to a soldier
in exchange for nothing, or to a worker in exchange for something, all
the ultimate consequences of the circulation of this money are the same
in the two cases; only, in the second case the tax-payer receives
something, in the former he receives nothing. The result is--a dead loss
to the nation.
The sophism which I am here combating will not stand the test of
progression, which is the touchstone of principles. If, when every
compensation is made, and all interests satisfied, there is a _national
profit_ in increasing the army, why not enrol under its banners the
entire male population of the country?

III.--Taxes.

Have you never chanced to hear it said: "There is no better investment
than taxes. Only see what a number of families it maintains, and
consider how it reacts upon industry: it is an inexhaustible stream, it
is life itself."
In order to combat this doctrine, I must refer to my preceding
refutation.


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