Adam Smith：The Wealth of Nations, Book V, Chapter III, Paragraph 2131

In consequence of those different acts, the greater part of the taxes, which before had been anticipated only for a short term of years were rendered perpetual, as a fund for paying, not the capital, but the interest only, of the money which had been borrowed upon them by different successive anticipations.

Source： https://www.gutenberg.org/ebooks/3300
Locator：Book V, Chapter III, paragraph 2131 · Verified：2026-10-19 · Verification：Exact match

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