The National Register. — London, England, 1809-10-15 00:00:00

'PITO NATIONAL REGISTER. B4IVK AOTES AT 4 PiS#A#Atfr MR. EDITOR, . ' • •• You and every thinking man milt long have ohservsd, and I have no doubt been disguated s% ith the various' al• tempts of our present Oppositiop, to depreciate the power and the resources of the country; thus elevating the hopes of qur inveterate enemy, adding . despondence to the nose xies of those Powers who, whilst crouciiiiig under the iron rod of French domination, still look towards this country as the last stay of European liberty. and endeavouring to correct the genuine current of British independence and of British spirit, by every mode which exaggeration and mis representation can assist. The ardour and malignity with wi l ich they are aided . by'ooine of their venal prints, is not leas disgusting. and these have long rung the changes of national disaster, and of national bankruptcy. This, of course, Jahn Bull . iti pleased to hear, as he is never so happy as when told that. he is completely ruined; yet he rmit John amidst this universal ruin, has still the comfort tif smoking his pipe in his c,biinney corner, and of enjoy ing all the neces!aries and all the luxuries for which he 1;4 dependant on foreign' commerce, although the Berlin and *Ulan Decrees tell him, that every port is shut to his ship ping.; nay more, though France and America endeavour to shut him and his manufactures from both the Eastern and Western Worlds, he jogs on contentedly, without hay itig even a single idle loom upon his estate. This is all too Vain, to be destroyed either by the croakings of the fac- Lyons, by the misrepresentations of disappointed politicians, or the lamentations of pretended patriots; somethiog new st then be starlet!, and we are now told by the Morning Chronicle, " that Bank Notes are at a disecunt."- This very wise print has discovered, that a pound, of gold bul lion must he paid for by 55/. 16v. in Bank Notes, whilst the same quantity of gold. if coined, is only woelf . -16 f. 14s: ed. or 44 guineas; therefore, say they, " in fifty-five one pound Bank Notes, there is a depreciation of aboot 9!. sterling." Such is their view of the case, a view v I icb at Arst sight may indeed stagger the inconsiderate, but Whole fallacy must evidently appear on a slight examination. The gang who live by writing on' the miseries of Enr lishmen, have all eagerly caught at this " wonderful dis covery" in our political economy, and even Mister Con reT, either through sheer ignorance, oi• from R cross spirit of malevolence, has. given it his sanction. lam the more surprised at this, because he really had either the virtue or. the pruderce to enter his protest against the fli.iisy pro duction of Mr. HARE TOWNSIIEND, about tythes and. parish rates. To suppose that this colidect; however, on the part of Mr. ConneT, was owing to virtue, is perhaps go ing too far, as it is possible that an abolition of tythes • ,nig ht be detrimental to that proilerty which he has Pac quired in Hampshire, by selling his weekly collection of trash to the poor, at a greater annual rate than what the poor man's anneal taxes amount to, and herause that lie himself gives . iis another very subVantiaf reason,; liamely. 6' that the greatest part of the Dulf.q of Bed " ford's property cousists of Ecclesiris'ical. Tithes iv lay 4 . impropriations!" The Duke of Bedford. however, is no Bank Director, and therefore Mister Cohbett ven tures exultingly to re echo the position " that Bank notes " are at a discount." Smile really patriotic writers have . attempted to disprove this position. I Will not, hewever, tresps.is so far on voikr lir&ts, as to trace their various argu ments t bat t %:..,iti nevertheieSs endeavour, through the well Merited extensive circulation of your paper, to p r e• sent e ven the moo superficial enquirer with an antidote fer this " political poison." it has been well observed that a one pound note and- a shilling will purchase as much beef or bread as cal he done with a guinea, notwith standing this " boasted depreciation;" hut then, retort the Opposition writers. " a pesiod of bullion, which is the * 6 only real standard, mustlts.:parchamal, Itx fttly,fiv,e CHIC i OCT. 15 . • " bank noted , whilst it can only. be coinedlitto - : 44' half " 'Here then is gm acteptibiii hej c iethen' itrth source either ortheir stupidity, or of • their inisrepresew , tatipti; thay con'sider'begtim as the outs` true standard,* though in fit in the present, ear it is merely a market aAke commodity. dold in bullion innst bq had for expor tation to thp Continent, whilst our ex ‘ ports are. forbidden by French Decrees, and whilst it is against our laws •to, export guineas; gold in bullion must be had by our mantle facturers, whilst it is against our laws to melt down the current coin of the realtn't the ericrased demand there fore for Old bullion, obliges the purc haser acttially to give more for tt than • wei f lp tse fact is, that whe ther you pay . foril in, ce.4, or in /140$-!to0s, you Must pay O'. 10. or, i n platner. terms, giie 5. guiv r as and three shil ling for. what, if Coined would only be worth 44 and a half. So much theu, Sir, for their paltry misrepresentations in confining their view of the subject. to the purchase by Banlc Woks alone; as well might they attempt to prove that Bank Notes are at , a discoant, because some lady or some 'fop chuses to give a hie price for an ounce of gold, when worked up into fashionable toys ? As some of Olgsc tyise men have asserted* that " bullion alone is the true standard." 1 skijl prcippt them with the following extracts Crow Adam Smitk, ID' tl4 4:114 and 481 h pages of his fire volume ; 6 6 gold and silver, however; 44 like every other commodity, vary in their value,. arc " sometimes clieaper - and sometimes dearer, sometimes of " easier and sometimes of more difficult purchase. Labour " alone, therefore, never varying in i it sown value, is alone << the ultiinqc and real standard by Ty,b,io. the ita,lllQ of alb °' commodities can at all dimes an d plices % be estimated and " compared, It is Weir, real price ; money. is, their. noini " nal price only." Oct. 12th. I am, Sir, yours, No J4cov n s. ALL3*IST. COVENT GARI2B.IV 111114TRE. 4 _ ~~ Thq history. of tin uproar is now briefly . Ohl : • The play is heard With Out the slightest interraption till. half price ; ;Ad upon the first rising of the curtain after this, the. tu.; Mutt hegins, and continues so great as to prevent another word of the performance from being heard. • The opposi- Lion do not chose to pay more than half the new prices; and it is . curiikus: to otnierve the'ditrerent aspect which the' house presents before the. half price. begins add afterwards ;. 'now all attention to the Scene that is passing on 'the stage; then all uproar and courtion. The publie are deter mined to try tit t ei trengt4 %ith the Mayagers; all the terrors of Bow : ;treet - cannot' intimidate the placard bearers, Who still parade the pit with the same triumph as ever. A Gentlema4 in the boxes, evidently inloxicated, addressed the audience on Wednesday rather incoherentty, lie vouched, hiiwever, for the appearance of "one hundred, nut seventy-three" Jews'i n the pit on Monday ; and an other. Gentleman asserted, thit box • oriferk were to be so:ight at five shillii;s, and pit at two shiltings, of Jewa , under the portico Of the Theptre. Another tkin'the pit Fpoke . as to there . being.aoo Jews in the front rows-on Wednesday, and said that he had heard them encourage one another, "Clap away ! we are well paid for it I"—When the whole performance had concluded on Friday, a gentle man barber from the boxei addressed the house, and oh- . tained a partial hearing. He began Li/ flaking of having had the hottoer to address the house before, and promised the audience thlt if they perieyered t; ley woptul ultimately conquer. 'fie then proceeded to 'animadvert upon. the change which had manifested itself in the sentiments of some of tLe newspapers, what was. before opposition being now called riot. Its appeared to hove got his speech by heart ; for, after saying something about the Managers' " ruffian champions," he forgot himself and stammered. We understand this speaker is : the son of a .berfrer in 1k- MEI