[The History of England from the Accession of James II. by Thomas Babington Macaulay]@TWC D-Link book
The History of England from the Accession of James II.

CHAPTER VI
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Yet even with this force James was not content.

He often repeated that no confidence could be placed in the fidelity of the train-bands, that they sympathized with all the passions of the class to which they belonged, that, at Sedgemoor, there had been more militia men in the rebel army than in the royal encampment, and that, if the throne had been defended only by the array of the counties, Monmouth would have marched in triumph from Lyme to London.
The revenue, large as it was when compared with that of former Kings, barely sufficed to meet this new charge.

A great part of the produce of the new taxes was absorbed by the naval expenditure.

At the close of the late reign the whole cost of the army, the Tangier regiments included, had been under three hundred thousand pounds a year.

Six hundred thousand pounds a year would not now suffice.


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