Vas

Cuay. XII. POLITICAL ECONOMY. 8g

refources for fwelling the public treafure, whichnever would have been liable to fo many inconve-niencies as are complained of, had the adminil-tration been conducted with as much difinterefted-nefs, as it was{et on foot with ability. The geniusof Mr. Law was original as to figures and paper credit.Sir Robert Walpole difcovered new principles oftaxation, he extended the plan of public credit, andreduced the application of it to a fcience. Thefewere born ftate{men, they were creators of new ideas,they found out new principles for the government ofmen, and led them by their interefl to concur in the,execution of their plans. Men of a fpeculative difpofition may broach hints, although the force oftheory, deftitute of pratiice, and unaflified by ex-periment, be not{uflicient to carry them the lengthof forminga plan. A great genius, with power andauthority, has occafion for no more than a hint toftrike out the fyflern, and to carry it, with{uccefs,into execution.

No problems of political economy feem more ob-fcure than thofe which influence the multiplicationof the human fpecies, and which determine the dif-tribution and employment of them, fo as Deft toadvance the profperity of each particular{ociety.

I have no where found thefe matters treated tomy wiflt, nor have I ever been able to fatisfy myfelfconcerning them. There are many clouds whichfiill cover the{ruitful fields of this fcience; and untilthefe he difiipated, the poliiical eye cannot take inthe whole landfcape, nor judge of the deformitieswhich appear in the many reprefentations whichour modern painters are daily giving of it.