The Statesman.
London, England, 1819-02-03 00:00:00

neatly connected with wealth sat honour. These
individuals, I hose no doubt, lend themselves to this
project, thinkina enssecientiusnly that they are acting
correctly. Rut there ars others whose feeling are,
of a vety different description—and I knew, that
to ..fisting this motion to the llooari, I am at war
with the whole hotly of gsmblers, speculators In the
fa la, stork I”hharts, sod all those who *slat by the
tiui.u.tinsit in the money hear,
itotr!)—Eve•y word I shall orer mast he weruserooll
to them, sod will, of rows*, h. !tattle to wimple-
""1""u• 1 know that I, and the gentles,n who
att with me, • ill be hold up as persons perfectly re.
gertiless of tt.e public security. But, if this whole
Saone' of my life he not a defence arable sorb a slaw.
der, I am content to bear it.—[llear !]—l bale no
personal interest in the question. I take iipon my.
self, voleatarlly, a most manful and laborious duty.
Why do I undertake it? Bemis. I feel, as an ho.
wee man night to do, for the welfare of my cenatry !
usfifeac!)—These respectable persons, whom I
Unjust noticed, are assisted by others, who hen
en claim to reepeetahility ; persons who hare Gar-
landed themselves—men who, without capital, have
adopted the profession of specillators.—[ficer!)--
1 sloe this without fear of contradiction—and ask
the lines., if they can wonder that persons so dr.
comvraorerl Isiah to keep up the cltculaiiwo as full as
possible? Bide. every circumstance they are desirous
of enntirteinfthe system. bears* they know that their
bier of eetii.efibit COWS as soon as the legislature
require iota Ifie ccii, end deterseloe to remedy it. But
wefortunately the period of examination has so long
ban pi opened, 'list thole who, a few years ago,
would have been ',Rafted to pat their names to
P listens, canine for a contingence of the Restric-
tion. ontr rime fstewerd (I cannot speak it without
shame !), and, in the character of English our.
chants, demand that England shall not possess that
arlantag• • Itich is enjoy' d by every other reentry
is the world ! —[ther ?]— Bat, Sir, the rest op.
pnsi.inn to an eiteretion in the system climes from a
(patter h is peculiarly calculated to defeat' my
object, It comes from the Dhsecellor of the' Es.
chequer. I man netting disrespect'sl to him f
bat this I mast say, that he is, necessarily, if not
aw iostrument is the bends of these who fattier the
Reueiction, at all mots, towed end subdued by their
roschinatiotis. Their whole cause of speculation his
Men made by him to depend on paper. Teen his
Wien no pin of inane,, that dal ale all a system,
since the return of peace. Fur whit was done In
the c,:urie of she use, the citcaustenees under.
which we were Mitred may fotm an eace.e. lies,
what at. we in think of a Finance ,11inisfer, whits
year Leis% concluded, thinks of nott.tilat bat how'
shall rasa oxer tram Bunion to S..soni, withuot
an attempt to emancipate the Country fro. her @Wits,
without once dating to look the difkeeliiee of the
lime boldly in the fan! His system mast be upheld
by paper. He directs his mutation to *rinsing ele•—
aid all the consolation he gives so the it 'use 1.,'
Ow things will ultimately mend That, by.and•bye,
the knouts and esmuditate of the country will M.
fence inch other. Thus be son ow with a Sloskiseg
Plead, cleerieg so mach debt, at one end—aid with
bedy of itscherer Bilk, castings certain gees.
tits of debt at the other.— Wear, bee►r !)—The
Iti‘ht Honourable Geotlesnaa sap, he will endee-
•lat, by every Nieman his power, to raise the re.
venue. This is a very laudable object. flat the
-question is, has be discovered any article en which
new duties no be Peeled, or has he motto those al.
ready In existence more predacity'? He lies net.
tint dope the one stor the °thee. The Right lii.
weutible Gentleman's triumphs are all an piper.— I
[new, hear, hear !)—ln the year 1/116.17, when I
we were about to nape frees very deep distresr,;
we know that the quantity of paper le annotation
ta.eu Outteteltly small ; from one ens. or another!
tt was very low indeed. About she mouth •of ,
June, 1817, the Right lion. Gentleman • nose
down to for lbws., with an sir of triumph which I
shall oot easily forget, and dealered that every
was coif% on most prosperously: t•The
revenue,' said he, • risers—uncla ace ',telly Ira.'
proved; and, in a short time. I think the lokerear ofsi
Penney may be lowered, by paying 61114 Four end'
Five per Cents.' fl.on afterwards the Right P10t,.1
Gentleman was so elated, that-he talked ut
dating inn the Three per Gan. Rut, to
Months afterwards. the Bank of England were, from
tiny to day, intl.e sling thelriesers—the coyote, nank a
followed their example—sill this tallow's!, the
t.aordinsty triumph of the Right Hen. Geollenion.
This explained the stare of prieefoulty In which lb.
country •sk supposed to has. trods plinth. The
Right Hon. Gentleman had if* interest hi all this—
for, if )nu lake sway this prep on elm hhe at me.
sent lams, ha matt adopt some decisive system. At
present it setters little to hint what deficiency appears
In the Reuses, since he an Mete paper at sill. Bat
•011 his system is fallacious. Fee, if fizehryser
Bill be Issued to make op a &Racal Which Bache-
quer Bills a.ehrld by Ike Book, lowa rat neaps
to the amount, the country eqoaffy *elk Ike own.
rye increase of the paper currency. In @hie way ttnekt.
Hon. Gael. has ibleg pie on —hat, howera Italy dad
pleasant It may be to him, it is most andoebeedly IheJ
ettactree to the annuity: If, Sir, we ate DOI tea in*
amine oar situation In time of peace, in the Mhos, of
God 1 Is hose are we to stop? We are ono in the fount*
year after the tonclesina of peace, and let soy Goo-
*lonian lay hit head on his heart and ay, what he
must believe would be the dreadful riecoinsterien to
which this Country *mild lie plosion!, if a war, or
ev.it the *nisi-nut of so armament intraeninl, chile
we hate so large a ways of pow adoet--while nee
body of paper may be said to be moiety reeling stn
i.teti.or, seethe& any substanital support. Bet the
It ght llno. Gentlenisio fey', ' What' inconvenience
do yes feel? Da you rivet that the revenue is he.
creme Do you lament that Earbeceer HMI tire
isasiej at ales ere *fiat:est ?` I ceriehtly shawls'
not rivet It, if such effects sage from a hikltiorute
tiara ; hut, if it is reflood by too large sit emir-
.inn of piper, I tie Isment it weeding!, —benne
It holds oat to the *ciliary hopes that never sill be,
leveled. Notting Si so altars to a''eciantry, at'a!l
titoe,--and, coder she present circatostanees, it it*.
fsrlinly se to this country—ss great flint isatlons Is the
funds. Rot the Right newt:ant. knows* nee dots
mho /00 ,t not—who rejoice in drelereHlit.
it e,e, is nothing se encoutsgit!g in a costar, a* a
cttpitt Circulation of the Nub. The NM heal.