The National Register.
London, England, 1817-03-10 00:00:00

REVIEW OF LITERATURE.

" THE TRUE STATE of the WI ITISH NATION, as to Trade,
Commerce, he. clearly pouttrayed : and new, eligible, and ex-
traordinary Plans preposA, whereby the whole National Debt
may be sp:-•edil) liquidated, without throwing any Additional
Burden on the Community, or injuring the Public Creditors;
which of course would cause the removal or happy cessation of
nearly the shale of the Taxes, Duties, Excist., tke. and, at the
same time, twatc a 11_711011i Circulation of Money, and a Sue-
cessful Chance of C(nrirtition in Foreign Markets ; conse-
(pertly, the Revival of our Trade and Commerce, with an
Abundance of Employment for our increasing Population, and
a Complete Renovation of our Finances."—lly 1. 11. REDDELL.
Esq.

Should Mr. Redden be aide to accomplish only one
half of this great plan of national prosperity, he will
have merited more honours than were ever heaped up-
on any one human being since the foundation of this
happy country.
A careful analysis of his " plans" for " speedily
liquidating the frhok of the National Debt," for " re-
moving nearly Me whole of the taxes, duties, excise,
(Ike." fin the creation of " a plentiful circulation of
money, a successful chance of competition in foreign
markets, a revisal of our trade and commerce, and an
abundance of employthent for our increa.sing p, vitiation,
and a complete renovation of our foutnevs, will " clearly
pourtray" the peculiar features of this mighty project,
and enable our readers to judge of its practicebility and
usefulness. The author having deplored the present
depressed state (doer commerce, states that " the no-
minal high price of our pmperty and productions is the
principal cause" thereof; because " other nations can
dimd to make and sell their goods so much Wow us."
The manner in which the national debt is to be re-
duced, and a succeasful competition he ()In:lined with
other countries, Mr. R. says is by reducing the nominal,
value of every article and pecuniary consideration (ex-
cept gold and silver) to a par with other taanulacturing
countries. A National Hank is propasA, with a wit-
able circulating medium to pay off " tharemaining
part of the national debt."
Various topics of political and domestic economy are
discussed by the author, ss ho appears to have devoted a
considerable portion of his time, and no trifling sums of
money in the invantion and promotion of useful arts
and valuable discoveries. He asserts that " steam-
boats" are of his " invention." It was bet a short
time before this that he " was present, and saw the
first steam engine set to work that ever moved a rota-
tion wheel successfully." Finding that steam-boats,
according to their original construction, would not
prove sea-worthy during a tempest, be devoted his mind
to the discovery of a plan " to impel vessels or ships of,
any burden, against the wind, or in any direction re-
quired, on principles completely sea-worthy." These ,
and other plans it seems, are deferred " till money is
more plentiful"--a reason, against which it is impossi-
ble to argue with any chance of success ; for

" Ithat's inipmoßible can't be.
And ncv,r, nt.er comer to p•sN.°....Cnt.EM

Jesting apart :—Mr. Redden has evidently brougl:t
an ingenious and persevering mind to the accomplish-
ment of many valuable and patriotic discoveries.—Nis
improvement in carriages—his new method of making
nails—his patent gas Limps, and many other useful in-
ventions, bespeak nu ardent and enterprising spirit
worthy of better support than we rear the eireuntstau:es
of the times will Aiwa him. What Mr. R. says in re-
probation of the practice of suth:ring our specifications
of patents, and all our ingenious plans anti discoveries
to be published tbr the intia•n:atkm of our rivals abroad,
has our cordial approbatioa. These plans arc all pub-
lished in a periodical work, called the Reperto,//
Ada, and from thence copied into the Ency.forcediar,
and so spec lily disseminated throughout the world.
There is a strange inconsistency in our laws on this
subject. We severely punish those who attempt to
semi models or real machinery nut of thc kingdom, and
at the same time permit fbreigners to have a full and
clear descriptidu of all ecsirable ratters whatsoever as
soon as they are brought thrward; thus enabling them
to make the utticl, s i r.ich cl caper than 'City could
procure them front us. Mr. H. says, and ue agree with
that it is certainly necessary that the specifications.
shook' be deposited at the roper office, to be retirred
to when oce,ision roptias. But common prudence
piainly tells us, that it is bail policy to. sutler them to
he when they are first pitected. It Wind
Le quite soon cLough to du this at the expiration
each patent.

We- hive no scow for an; Luthcr obst-p-atlona ou

MARCH 10.

Mr. lt.'s book ; but, withrsomt fears as to th., priteti-
cab lity of' his plans for relieving us front the Natiuii;d
Debt and " the whole of the tuxes," we hare no hesi-
tation in recommending its perusal..to the scrious at-
tention. of our readers.