An Essay on the National Debt, and National Capital:

HOOKE Andrew (1750.)

£600.00  [First Edition]

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or, The accompt truly stated, debitor and creditor. Wherein is shewn, that the former is but a diminutive part of the latter; and a practicable scheme exhibited, where-by the whole may, with great facility, be paid off, at once, exclusive of the aid of the sinking fund, and without and diminution of the present revenues of the Crown, or annual expences of the people.

First edition. 8vo. [2], vi, 59, [1] pp., with the half title. Recent quarter calf with marbled paper covered boards, spine with four single raised bands outlined in gilt, lettered in gilt on red morocco label. London: Printed for W. Owen, publisher, at Homer’s Head, near Temple-Bar; and sold by B. Hickey and J. Palmer, booksellers and stationers in Bristol.

Signed 'A. Hooke' in black ink to the verso of half title below a printed note: "N.B. This ESSAY being registered according to Act of Parliament, whoever pyrates it, will be prosecuted; and, to prevent Impositions on the Publick, no Copies will be warranted genuine and correct but such as are signed with the AUTHOR'S own Hand."

An ambitious work of 'political arithmetic' by the Bristolian merchant and Whig writer Andrew Hooke (c.1688-1753) in which he "compared the capital wealth of the country with the amount of the national debt in order to show that the existence of the latter involved no danger to the state" (Palgrave II, p. 330).

Another issue, with 58 pages, appeared in the same year with the same imprint. A second edition was published the following year.

See: Barry, '"A provincial enlightener": Andrew Hooke of Bristol, Whig writer and newspaper proprietor in the reign of George II.'

Goldsmiths', 8530; Kress, 5040

Stock Code: 240660

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