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At home these measures were sometimes countenanced, sometimes
winked at, sometimes censured, but always with an acceptance of whatever
profit they afforded.
At length, the funds for the investment and for these wars together
could no longer be supplied. In the year 1778 the provision for the
investment from the revenues and from the monopolies stood very high. It
was estimated at a million four hundred thousand pounds; and of this it
appears that a great deal was realized. But this was the high flood-tide
of the investment; for in that year they announce its probable decline,
and that such extensive supplies could not be continued. The advances to
the Board of Trade became less punctual, and many disputes arose about
the time of making them. However, knowing that all their credit at home
depended on the investment, or upon an opinion of its magnitude, whilst
they repeat their warning of a probable deficiency, and that their
"finances bore an unfavorable aspect," in the year 1779 they rate their
investment still higher.


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