The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1848-10-17 00:00:00

3rtunit

nd kindness, as
Id fair play

will excuse the digression.
matter is personal, yet public. In one of
rs there appeared a paragraph last
toss Otirepresentation of
tied, and had been candid

cortta;nit

alleging that I had
rh to ail()

the.modification, of my opinions on the

vet of that cr

atiodal apostacy which

3 now very
w her Mei(

'ly understood to be in contemplation
ply, the national endow-
Ireland. The para-
s in correspondence
BERT INGLIS, who
ame modification of

meat of the
graph a

I endowment on cer-
ouch talked of, and consi-
to be re-printed in other
,re and in London, and in Dublin. Immediately
ived letters from friends, expressing their convictions
wishing to have

n~-coad

,port of
All th

iered

;atement was Wounded, an

;hose convictions confirmed by myself. I confirmed them.
then wrote a letter exposing the misrepresentation, giv-
ng a full account of an unfinished conversation, in. which
to have originated, in which, however, there
on of, or allusion to, Sir Robert Inglis, de-
, uistinctly that no change whatever had taken place
I my sentiments upon a" --:" 'wing argumenta-

no met

subject, she
aid to have

ly that the plan I was
iseless and impractieab

pproved would
e, owing to the cunning policy

„ .
n .ing the whole scheMe as a
support of idolatry, in defiance
tof Almighty God. (Hear.)

acrcd coma,

this letter to the editor of th

:1r in which the
The letter will

t of its t

of that

t was inserted as a matter of cour
a the inner fold of the double shi

ut it wts inserted

hile prominent

astounding corn

.e 'Ivo;
0, word al

we have printed al:o
INGLI

t Sin Rc

in the spec
But exr

of, or apolo

unfounded

awd unw

calumny againq his honoured intim
circulation had been rashly and rect

cheers) to wh

! Here is a wilful

•epetitio
Isitned.

t I had distini

hear.)

teLter,

I every

. .
not only refraining, wisely! refraining,
rrlruitiess agitation against the measure in question,
ther that I deem it the duty of a Christian patriot
operate in trying to make use of it. My letter con-
sins nothing of the kind—(hear, hearj—nothing to excuse
ent. On the contrary, thus
)wment—
)r the light of His

to co.

hers, v

ment than alt

I confess myself in si
%hie- upon such cond

,urnalist, withou

nt of regular agricultural operations
agricultural and thinly peopled country there is great re-
gularity and security in the produce and sale of cattle and
corn, in the parties between whom the sales take place, in
the times of the fairs and the departures of the droves, in
the savings for rent, and all the other payments. Under
these circumstances banks of long-established character,
pe, catching the eye of J in having little opportunity of deviating into new and

doubtful sneculatio-ns, and running no risk beyond an oc-
casional advance before rent-day or a fair, have certainly
much less need of gold or silver in their coffers than the
s of manufacture and com-

,rience, which has so far borne wit

the safety of a paper currency under certain circumstances,
also testifies with equal, plainness to the fact that such
banks suffer the common fate as soon as they attempt to
enlarge their sphere of operations, and to create wealth
instead of representing and negotiating it. It is the
fallacy of schemes like that proposed by the Committee of
Agriculture to the Assembly to exaggerate into infinity
the power of a very finite instrument."
Here ar-

_gain we have to thank the Times, for an
admission of no slight importance. Paper money,
or any medium of the exchanae of commodities,

or of temporary accommodation, may bo safely
based upon land or property generally—nothing

said about the necessity of basing it upon, gold at
a price arbitrarily fixed by law—nothing about its
quantity being limited by the quantity of gold in
the country for its redemption. "An occasional
advance before
.a rent-day or a fair" may be safely

gold or silv.er in their coffer

But w

must guard