The first step that led to civilisation was, probably, some kind of slavery, whatever might be its nature. It seems impossible that the strongest and most industrious, following no other impulse than that of a consciousness of his superiority, should have come to the noble resolution of sharing generously, with the weak and idle, the fruits of his own labours and industry; nor can it be supposed that he could suffer any one, but himself, to pronounce on the prerogatives due to his courage and his abilities. But the most consummate knowledge of the means which may have paved the way to despotism, would throw but a faint light on the various subjects which I propose to take under consideration. The Epoch which it may be useful to dwell upon, is that, wherein the chiefs of the different states, being in no anxiety for an authority which is no longer contested, are the first to acknowledge its limits, and begin at last to be solicitous for the happiness of their subjects.
Such, in my opinion, is now the prevailing system all over Europe. The advantage of true freedom is fully felt, and its influence over all-commanding wealth universally acknowledged. But, in order to compare the inferences with the principles, to appreciate the measures by their effects, I shall fix upon that Nation whose avowed maxims, and best known circumstances, are most likely to furnish me with a train of arguments, without having recourse to any further suppositions but such as may appear necessary to clear up the facts that will be adduced in support of those arguments, and to render the consequences, to be deduced from them, more lucid and pointed.
I shall begin with the most interesting article in the present situation of affairs, namely, how far the wealth of a State, and the affluence of the Subject, may be affected by a national debt?