Summary

John Trenchard Cato's Letter No. 87 — Gold and Silver in a Country to be considered only as Commodities (1722)

As this is the greatest mischief which human nature can suffer, so every honest and wise man will endeavour to free himself, his family, and his country, from such an abject, lamentable, and forlorn condition, and contribute all in his power to make the state which he lives under great, rich, and formidable. I have already at large shewn, that no state in a small tract of ground can be so, but by liberty, which always produces riches, and every quality, which can grace and adorn the mind, and render mankind preferable to the brute creation.
Source: Wikisource

John Trenchard Cato's Letter No. 87 — Gold and Silver in a Country to be considered only as Commodities (1722)

I have often wondered at the folly and weakness of those princes, who will sacrifice hundreds of thousands of their own faithful subjects, to gain a precarious and slavish submission from bordering provinces, who will seek all opportunities to revolt; which cannot be prevented but by keeping them poor, wretched, and miserable, and consequently unable to pay the charges of their own vassalage; when, if the same number of men and the sums of money were usefully employed at home, which are necessary to make and support the conquest, they would add vastly more to their power and empire.
Source: Wikisource

John Trenchard Cato's Letter No. 87 — Gold and Silver in a Country to be considered only as Commodities (1722)

Every nation is rich and powerful, in exact proportion to the numbers, the employment, or the idleness of the people; and the power of the state is the accumulative wealth of the whole; that is, what every man can spare for the common defence, over and above what is necessary for his own subsistence: so that to make a state great, the people must be made rich and happy: Their private happiness will make them willing to defend their country, and their wealth will enable them to do it.
Source: Wikisource

Get perspective with Kwize: daily news enlightened by great literature