but through Canada, and exposes his army and navy to the danger of perishing. The idea of his cutting off the communication between the eastern and southern states, by means of the North River, is merely visionary. He cannot do it by his shipping; because no ship can lay long at anchor in any river within reach of the shore; a single gun would drive a first rate from such a station. This was fully proved last October at Forts Washington and Lee, where one gun only, on each side of the river, obliged two frigates to cut and be towed off in an hour’s time. Neither can he cut it off by his army; because the several posts they must occupy would divide them almost to nothing, and expose them to be picked up by ours like pebbles on a river’s bank; but admitting that he could, where is the injury? Because, while his whole force is cantoned out, as sentries over the water, they will be very innocently employed, and the moment they march into the country the communication opens.
The most probable object is Philadelphia, and the reasons are many. Howe’s business is to conquer it, and in proportion as he finds himself unable to the task, he will employ his strength to distress women and weak minds, in order to accomplish through their fears what he cannot accomplish by his own force. His coming or attempting to come to Philadelphia is a circumstance that proves his weakness: for no general that felt himself able to take the field and attack his antagonist would think of bringing his army into a city in the summer time; and this mere shifting the scene from place to place, without effecting any thing, has feebleness and cowardice on the face of it, and holds him up in a contemptible light to all who can reason justly and firmly. By several informations from New York, it appears that their army in general, both officers and men, have given up the expectation of conquering America; their eye now is fixed upon the spoil. They suppose Philadelphia to be rich with stores, and as they think to get more by robbing a town than by attacking an army, their movement towards this city is probable. We are not now contending against an army of soldiers, but against a band of thieves, who had rather plunder than fight, and have no other hope of conquest than by cruelty.
They expect to get a mighty booty, and strike another general panic, by making a sudden movement and getting possession of this city; but unless they can march out as well as in, or get the entire command of the river, to remove off their plunder, they may probably be stopped with the stolen goods upon them. They have never yet succeeded wherever they have been opposed, but at Fort Washington. At Charleston their defeat was effectual. At Ticonderoga they ran away. In every skirmish at Kingsbridge and the White Plains they were obliged to retreat, and the instant that our arms were turned upon them in the Jerseys, they turned likewise, and those that turned not were taken.
The necessity of always fitting our internal police to the circumstances of the times we live in, is something so strikingly obvious, that no sufficient objection can be made against it. The safety of all societies depends upon it; and where this point is not attended to, the consequences will either be a general languor or a tumult. The encouragement and protection of the good subjects of any state, and the suppression and punishment of bad ones, are the principal objects for which all authority is instituted, and the line in which it ought to operate. We have in this city a strange variety of men and characters, and the circumstances of the times require that they should be publicly known; it is not the number of Tories that hurt us, so much as the not finding out who they are; men must now take one side or the other, and abide by the consequences: the Quakers, trusting to their short-sighted sagacity, have, most unluckily for them, made their declaration in their last Testimony, and we ought now to take them at their word. They have involuntarily read themselves out of the continental meeting, and cannot hope to be restored to it again but by payment and penitence. Men whose political principles are founded on avarice, are beyond the reach of reason, and the only cure of Toryism of this cast is to tax it. A substantial good drawn from a real evil, is of the same benefit to society, as if drawn from a virtue; and where men have not public spirit to render themselves serviceable, it ought to be the study of government to draw the best use possible from their vices. When the governing passion of any man, or set of men, is once known, the method of managing them is easy; for even misers, whom no public virtue can impress, would become generous, could a heavy tax be laid upon covetousness.
The Tories have endeavored to insure their property with the enemy, by forfeiting their reputation with us; from which may be justly inferred, that their governing passion is avarice. Make them as much afraid of losing on one side as on the other, and you stagger their Toryism; make them more so, and you reclaim them; for their principle is to worship the power which they are most afraid of.
This method of considering men and things together, opens into a large field for speculation, and affords me an opportunity of offering some observations on the state of our currency, so as to make the support of it go hand in hand with the suppression of disaffection and the encouragement of public spirit.
The thing which first presents itself in inspecting the state of the currency, is, that we have too much of it, and that there is a necessity of reducing the quantity, in order to increase the value. Men are daily growing poor by the very means that they take to get rich; for in the same proportion that the prices of all goods on hand are raised, the value of all money laid by is reduced. A simple case will make this clear; let a man have 100 L. in cash, and as many goods on hand as will to-day sell for 20 L.; but not content with the present market price, he raises them to 40 L. and by so doing obliges others, in their own defence, to raise cent. per cent. likewise; in this case it is evident that his hundred pounds laid by, is reduced fifty pounds in value; whereas, had the market lowered cent. per cent., his goods would have sold but for ten, but his hundred pounds would have risen in value to two hundred; because it would then purchase as many goods again, or support his family as long again as before. And, strange as it may seem, he is one hundred and fifty pounds the poorer for raising his goods, to what he would have been had he lowered them; because the forty pounds which his goods sold for, is, by the general raise of the market cent. per cent., rendered of no more value than the ten pounds would be had the market fallen in the same proportion; and, consequently, the whole difference of gain or loss is on the difference in value of the hundred pounds laid by, viz. from fifty to two hundred. This rage for raising goods is for several reasons much more the fault of the Tories than the Whigs; and yet the Tories (to their shame and confusion ought they to be told of it) are by far the most noisy and discontented. The greatest part of the Whigs, by being now either in the army or employed in some public service, are buyers only and not sellers, and as this evil has its origin in trade, it cannot be charged on those who are out of it.
But the grievance has now become too general to be remedied by partial methods, and the only effectual cure is to reduce the quantity of money: with half the quantity we should be richer than we are now, because the value of it would be doubled, and consequently our attachment to it increased; for it is not the number of dollars that a man has, but how far they will go, that makes him either rich or poor.
These two points being admitted, viz. that the quantity of money is too great, and that the prices of goods can only be effectually reduced by, reducing the quantity of the money, the next point to be considered is, the method how to reduce it.
The circumstances of the times, as before observed, require that the public characters of all men should now be fully understood, and the only general method of ascertaining it is by an oath or affirmation, renouncing all allegiance to the king of Great Britain, and to support the independence of the United States, as declared by Congress. Let, at the same time, a tax of ten, fifteen, or twenty per cent. per annum, to be collected quarterly, be levied on all property. These alternatives, by being perfectly voluntary, will take in all sorts of people. Here is the test; here is the tax. He who takes the former, conscientiously proves his affection to the cause, and binds himself to pay his quota by the best services in his power, and is thereby justly exempt from the latter; and those who choose the latter, pay their quota in money, to be excused from the former, or rather, it is the price paid to us for their supposed, though mistaken, insurance with the enemy.
But this is only a part of the advantage which would arise by knowing the different characters of men. The Whigs stake everything on the issue of their arms, while the Tories, by their
