The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1847-08-10 00:00:00

the value is it

the rate of interest, and a fall in the pr
operty, not excepting the poor man
(Great applause.) Such is the
I quence of Sir Robert Peel's restrictions of the currency,
I by which, .as his own father declared in 1819, he
dmihipa th. v.hip of 3

of every other
property,_ labo

conse-

a monopoly to the monied class.
evil is only beginning to be felt
experiena

But the principal
The evil hitherto

on of wages, but we
;uperadded so serious a
t he (Mr. Buchanan) ex-

has been- a reduct

are now about

to have

I reduction of e

nt called together two nhintl
iserribling by the country.
Hitherto the law of 1819 he

Ttod of

hitherto b
of that co.

z of the price of gold h
in facilitating (he expo

.r import

to pa}

reduction of -our own people's employment, -wl
(Mr. Buchanan) believed it will be felt to be, ti
nations reciprocate free trade with

it must be eviden
idirectl,

,t the amount of our employment is
)ld, for Sir Robeit

reduced by th
sane dictum if.

illuitrations

hat Sir Rol

oberi Peel'

ramid, the b.

gad end uppermost. (Cheers and laugh

A country like this, whose tray
founded on the baukir
cannot borrov

—.actions are so entirely
.ystem, should remember that we
nd if the paper circulation and the
re the life's blood of our trade,

accommodation of banks

and of the employment of our industrious classes, we
ought to found our paper issues •on something less liable
to be removed from this country than the precious metals,

)eri, Peel, tl
turn of gold, by_bringing

for as things have been placed by Sir R
portation of any large

_
nount of tie confidence and credit
) absurdly dependent on gold as a basis,
will cause actual starvation to thousands. (Great sen-
sation.)

ground ten times its
of the country,

The CHAIRMAN then introduced Mr. Duncan to the
meeting, which received him with all the enthusiaSm men
could evince to an old and tried friend of the working
classes, although he has only been a few days among us.

Mr. DUNCAN, on rising, Was greeted by great applause.
He then said, I present myself before you as the exposi-
tor of doctrines not vet popularised ; but I am persuaded
that, the intelligence of a Glasgow audience, mindful that
every thing now established was once new, will not reject
opinions simply because they may be here enunciated for
the first time. Prejudice has ever been the opponent of
truth, and the ground of mental inquiry has been always
pre-occupied by error. When Harvey promulgated his
discovery of the circulation of the blood, he was denounced

as a quack by every mL
the age of forty. Jenner was proclaimed
when lie announced lis

11. practitioner who had

reached

monomaniac
When

of vaccination

Winsor presented his scheme of lighting London with gas
to the House of Commons, he was pitied as a crazy en-
thusiast, and his plan was rejected by some as utterly
impracticable, by others'as attended with so much danger
that none could tell on what night London would be laid
in rill.. . -

uy an explosion. Stephenson was laughed at
when he proposed to applylocomotive power to the Liver-
pool, and Manchester railway instead of traction by horses;
and.your own Henry Bell was looked upon as a dreamy
enthusiast, when he first floated a steamboat on the waters
of the Clyde. (Cheers.) Examples such as these are
instructive, and should teach us the folly of intellectual
intolerance, and the duty we owe to ourselves and society
+" --sit of knowledge, by a fair hearing
rely because it runs counter to
Bitted that the social con-

fling it m

dition of the worl

e pro du i

Ith receive a very inade-
of their industry. The
their accumulations ; the

nd deeper it

Cheers

furniture, this explanation