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Updated: April 30, 2025
Both national parties were reluctant to face the issue, but the pressure of conditions became too strong for them. Revenue arrangements originally planned for war needs were still amassing funds in the Treasury vaults which were now far beyond the needs of the Government, and were at the same time deranging commerce and industry.
His ordinary expense becomes equal to his ordinary revenue, and it is well if it does not frequently exceed it. The amassing of treasure can no longer be expected; and when extraordinary exigencies require extraordinary expenses, he must necessarily call upon his subjects for an extraordinary aid.
I speak, so far as possible, as a historian, and not as a partisan, who recognizes that the rise of a Plutocracy was the inevitable result of the amassing, during a generation, of unprecedented wealth, and that, in a Republic governed by parties, the all-dominant Plutocracy would naturally see to it that the all dominant party which governed the country and made its laws should be plutocratic.
Temporary officials have eager eyes fixed on the Mexican grants. At all the landings and along the new roads, once trails, little settlements are springing up, for your unlucky argonaut turns to the nearest avocation; inns, stables, lodging-houses and trading-tents are waited on by men of every calling and profession. Each wanderer turns to the easiest way of amassing wealth.
"But who is to define what is proportionate?" "Making profit by dishonest means, by trickery," said Levin, conscious that he could not draw a distinct line between honesty and dishonesty. "Such as banking, for instance," he went on. "It's an evil the amassing of huge fortunes without labor, just the same thing as with the spirit monopolies, it's only the form that's changed.
Edward, on the contrary, while equipping his fleet and amassing treasure at the expense of the Jews and Lombard usurers, was assembling his parliament, talking to it "of this important and costly war," for which he obtained large subsidies, and accepting, without making any difficulty, the vote of the commons' house, which expressed a desire "to consult their constituents upon this subject, and begged him to summon an early parliament, to which there should be elected, in each county, two knights taken from among the best landowners of their counties."
But he had nothing of the gold-seeker's fever in his blood; the thought of amassing a fortune had merely occurred to him: it was the free, strong, exhilarating life that stirred him most deeply.
We must be ever alert that freedom does not wither through the careless amassing of restrictive controls or the lack of courage to deal boldly with the giant issues of the day. A year ago, when I met with you, the nation was emerging from an economic downturn, even though the signs of resurgent prosperity were not then sufficiently convincing to the doubtful.
In the midst of the way they passed the tower of the robbers, and with the help of the soldiers they razed it to the ground, slew all its inmates, and seized the treasure which they had been amassing there for several years.
The report had gone abroad that he was amassing great wealth, when, as he said, all that he had accumulated was a debt of forty thousand livres. In the autumn of 1741 he was back at Fort La Reine, where he welcomed his son Pierre from a fruitless journey to the Mandans. The most famous of all the efforts of the family was now on foot.
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