A better solution would be to make the input large enough to see most reasonable length urls. The default width of the input is usually really short. By reducing the font size and increasing the width (possibly by a percentage to fill available space) you could probably make url's that ar as long or longer than the url bar of your browser, visible. You don't really need very large text for an url since you're probably just verifying that it looks reasonable, not read it.
If being able to view the whole url, in relatively large font is important (if the user is expected be an advanced user and possibly will edit the url manualy), you should concider using a text area. It will look a bit strange with the url randomly wordwrapped, but as long as you don't insert whitespace the url should still be valid.
If your web server are responsible for generating the url's, you could try to make it less verbose. You could also save space if you can use relative url's (skipping the domain part).