The Statesman.
London, England, 1820-01-07 00:00:00

THE

bound by fate itself. It cannot, without a great plunge. I
quit the old deep and disgraceful rut or track in
which its cumbrous weight has too long retained
its wheels. A Heresies at the helm is wanted,—
is loudly called for, to extricate the unwieldy ma-
chine, ere the violent attrition of its axle sets it all
OD fire ; for who can say bow long the oil, which
has long been applied to its immensely consuming
wheels, can last! Let new help, then, and new
harness be applied to the car, or let the whip be
taken from the hand which now holds it, and ap-
plied to the backs of the animals who ought to
feel its lash, for leaving it in the mire in which it
is now seen.

STOCK KXCILISGE, ONE O'CLOCK.

The Stock Market declined yesterday afternoon
to MI for the Account, and after various fluctuations
it closed at 691 ; the cause of this rally was the
publication of a more favourable statement of 'the
revenue than had been previously reported. The
market opened this morning at 691, and have con-
tinued tolerably steady about that price ; they are
Low 691 bu”lrs. Money is very plentiful, the con-
tinuation from this Account to the next, viz. Febro-
ary, being only f per cent.

THE REVENCE.—The Courier has every year,
and even every quarter, congratulated the commn-
nity, for these twenty years past, on the favourable
prospect of the nation's Finances. The account
is, as we have before observed, of that Jams-faced
nature, that an interested accountant may make its
progress favourable or otherwise. The balance-
sheet, however, whenever it must be exposed, ex-
hibits the result of the wooden-legged man run-
ning after the hare—the distance is the greater the
longer he runs :—so, too, are we every year further
from the goal at which we are running, i.e. the pop
meat of the National Debt ! ! Now we shall like
to see one of the national salary-paid Clerks cow
tradict the following brief statement of what nen
believe to be a +Townie of Britain's Finances, as tit
as it goes ; it being a datum, admitted or allied,
on which much Revenue truth or falsehood sir
be built. But we Finn soon hear what oer greet
CHANCELLOR of the EXCHICQCER (as great OS WU

Sir GEORGE, afterwards Lord LETTELTOPI), has to
say upon the topic ; he is, we believe, now coming
his lesson over.
Tbe deficiency of England and Rentland. as already
published and admitted by the Chancellor, from
Jan. 1819, to Oct. 10, 1819, about - 1100.000
Deficiency of Ireland fur the year, about - - 490,9001

1990,000

Allow only 7110,0001. to Um Woe merited, or *de
oestat to brio Moo remitted, from Jely to Jos.

A' 1,000,0 N

Dedret the Intense, is stated in Tie Courfer 80.407

Total decrease of R , as compared with last
year - - - - 11420,11,
Now let us view it another way. We believe it
is admitted that our distresses did not operate 011
our Revenue until July ; therefore, we will endea•
your to put a clear state of it before our reading
from that period, viz.:—
I Actual deficiency, from July ato October 10, 1919.
is compared with the correspoadier period of
last year - - - - - 1.,1110,9110
Ditto, from 10th Oct. 1819, to 6th Jan. IMO, de-
deetiag 700,0001. for New Duties, from July to
January. 1810 - - - 010.6811
Supposed deficiency for Ireland, for the half year 900,000
--...--.
Real and actual deficiency of the Revenue for the
half year from July, 1819, to Jesiwary, 1810 21,989443

The fate of no one mum on the score of political
conduct has struck the public as more severe than
that of Mr. KfT4LOCH. It thews us that bed as
our own condition is, that of Scotland, as far as
its laws differ, by the terms of tbe Union, from
oar own, is still worse. This patriot Magistrate
bad seareely openeJ his mouth upon poblis abuses
before be. was beset, and the fouodittou of his
ruin laid. Though we know he is greatly pitied,
yet is the circumstance scarcely alluded to by any
public writer of his own country, and by very few
of this—a dreadful omen of what we say expect,
if the Crown and Ministers persist in the system
they have lately begun. Rua/worth tells as, that
le lOW, Jamas I. published a Proclamation, which
Imbeds any one from censuring the scandalous
!nlaitinet of his Ministers. One might easily *A-
git* it was against such a State Paper as this that
Mr. lErfaocci bad offeeded. Arrived at posh •
paint as we are, it wilt not surprise us if the dia-
bolical sentiment of thettie Bishop of llocnarrea,
the people of England have nothing to do
tlilb * laws bat to obey thew" be acted epee,
MI dist no we will bi 'Bowed to turn his eyes
itiltilsts of State. 'They will endeavour to an-
nalists all notion of public interest; perhaps, even
ihe very name of *twisters ; for the same wonky i
Prelate we have asintioned, objected to the catplisift*'
kg a law too egad,, either by same or operation,
`INK le be mid, the sunning traitor should too secesse-
'tally discover the means of eluding its tact. Was
fsver a sentiment uttered more capable of exciting,
digest, horror, and detestation, than this, in As,
swop of Peers, by a British Prelate, udder the,
atimideiration of " the Pilot that weathers&
the doilia," Not satisfied with punishing these
whe *sly complaio of the most tleaneic