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Page thumbnail for Fowle's New Hampshire Gazette And General Advertiser
Letter to Editor May 18, 1786

Fowle's New Hampshire Gazette And General Advertiser

Portsmouth, Rockingham County, New Hampshire

What is this article about?

A correspondent warns that hastily accumulated war riches lead to rapid dissipation through luxury, idleness, and extravagance, corrupting society. However, economic distress will self-correct by promoting industry, economy, and innovation, turning uncultivated lands into a paradise.

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OCR Quality

98% Excellent

Full Text

Riches (says a correspondent) accumulated in a hurry, are generally as rapidly dissipated, and in a manner the least beneficial to society. Luxury, idleness and extravagance are their pestilential concomitants. Example spreads like a contagion ; and we have lately seen while money, flowed in upon us, in plenty, from the casual sources opened by the war, that those vices corrupted, in a degree, every rank of people amongst us.

Luxury demanded every thing—The prevailing indolence could afford it no gratification—Lulled to sleep in the lap of pleasure, our vessels bore money to foreign countries for articles to administer to it ; till at length we have awaked to all the distresses consequent on such a conduct. But they are evils which will cure themselves. Necessity creates industry, which already rears its head in the fields of the husbandman, and the work-shop of the mechanic—Oeconomy is opposed to the hard times ; and every man is contracting his expenses, that he may attain to that state of real independence, to owe no man anything—Invention is on the rack to find out new means of procuring subsistence—improvements follow—and the country, which was lately an uncultivated wild, will soon bloom like the rose; and the haunt of beasts become a paradise for men.

What sub-type of article is it?

Reflective Philosophical Ethical Moral

What themes does it cover?

Morality Social Issues Economic Policy

What keywords are associated?

Riches Dissipation Luxury Idleness War Wealth Economic Recovery Moral Vices Industry Necessity

What entities or persons were involved?

A Correspondent

Letter to Editor Details

Author

A Correspondent

Main Argument

hastily accumulated riches from war lead to societal corruption via luxury and vices, but economic necessity will foster industry, economy, and self-reliance for recovery.

Notable Details

War As Source Of Sudden Wealth Vices Corrupting Every Rank Necessity Creates Industry Owe No Man Anything Country Will Bloom Like The Rose

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