The Statesman.
London, England, 1823-03-17 00:00:00

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pte Abvttesittan•

MONDAY NVENEVO. MARcli 17, 18413.

' CORN HUM BUG.

* Innantetablit are the humbugs which have been, and
which constaatlyeice; played eff upon this " moat think-
" ing" nation. , - But, I have seldom known a more lucky
humbeg Oats 'the one which has been just plyed cif
about the rite ix the price of eorm.—The rise has been
owing to speculations founded on in-expectation of this
country taking part io the hard' Thlt. speculation, even
if the expectation bad been Wall/ /minded, would have
been foolish ; because mere was without a potting °et
of the paper-motley, would lot haft made, for any length
of time, any tonsiderable dilferenee in the price of corn.
Reason says this, and:the znYing of result is proved to
be true by the price of coca dating former wars, havier, .
upon anaverage,laelis 'Other lower In price than during
time, of prays,—butt neither reason nor experience can
be expected to have weight by those who are guided by
neither; but who", 'from 'the history of the last thirty
years; from the habit's of thinking, acquired during
those thirty years, do believe, and will believe, %Lc
peace makes law prices and that war makes high
prices.—When, deeretore; the noisy speeches and
the bellowing :paragraphs came forth in the begin-
ning of February; .. telleti :the sound of war was
beard through all,tie eiffecliauses and all the bre
the?, of London ; when the very prostitutes squalled oat
seer, as the watchmen were dragging them to the watch-
!houses; when the prime minister was calling the enter-
;prize of France against Spain an act of unjustifiable
aggression : wheteldr. Huakisson was snorting out war
amidst his braying brothers of Liverpool ; When Mr.
Brougham was calling for a fleet to be equipped, and Sir
Francis Burdett was proposing to put aside all our sass
dist , and• to think about nothing but the vital i. -
terests or mankind; when, in short, that horrible horde
of stock-jobbers, the owners-of the London Press, wet e
cramming their own columns and vomiting out the over_
flowinge Into the colninns of their understrappers in the
counter lebenall this'enut going on, it would have been
strange, indeed; If, it a comment when the funded stars
seemed all to be /a jeopardy ; it. would have beers
strange, indeed, if greediness and ignorance' joined
' had sot produced the extensive speculation of corm
It did produce such speculation ; and the natural con-
settecnee was, that sudden :vise of price which we
saw take place. Under ordinary rircumetances, this rise
would have been *scribed to the tette cause; and would
have been attended with no corseettence other than that
of the ruin of wine of the speculators, and of a loss on
the part of the whole of them. lint, under the present
circumstances, this rise in the price of corn has been
' ntaie a. matter of great public importance, and it will
barely fail to be proluctire of effects infinitely greater
than, in ordleary circumstances, it could possibly have
produced.—The Landlords, the Parliament and the Mi-
nistry, the Ines and Jobbers, ant the infamous new*.
papers f all these parties are to be looked upon as being
(as fur as relates to this matter) on one tide: and, I on
the other side. I tell the landlords, you must reclote
the Interest of the Debt, yuu must repeal Peel's Bill, and
pet out assignees, or you must lose your estates ; be-
cause, with Peel's Bill and with Debt unreduced yon
can -have no rents out of the low prices that gold pat -
men.s occasion. To do either of the three things, the
Landlords are afraid : the very thought of either makes
them tremble. They want gold cud high prices
too. The Parliament and the Ministry feel pre:
cisely as the land'orde do, eti,h this addition,
that they dread the moment of beng called upon
by the landlords to repeal Peel's Bill, or to reduce
the interett of the debt; and yet they must be
convinced that the whole of the landlords will rot give
up their (*fetes quietly. 'I he Parliament end the Mill!..
try, therefore, wieb for high prices, without any repeal
of Peel's Bill. The Jews and Jobbers e Gold naturally
wish to see-wheat it a Shifting a bushel ; but they are
afraid of bringing things to such an extremity. They do
not want a repeal of Peel's Bill, which would cause them to
be paid off in good honest assignats ; and they are les
willing to have their interest reduced. They therefore
wish fur prices such as. will Prevent desperate deeds
being attempted by the landlords. Their fears,and not their
justice, make theni wish for p-ices of agricultural produce,
sufficiently high to induce the landlords to go quietly on,
surrendering their estates to them. The infamous netc-
papers have all the feelings of the Jews and Jobbers in
the first place; and besides three feelings, they have the
mortal dread of everlasting glory to me, end of everlast-
ing diagrace to themselves, in the adoption either of the .
measure of reduction of debt or that of issuing of astir-
nate. One of these must be adopted, 1 say, or, the Land-
, lords must all lose their estates. The infamous press can
I see clearly that this*propheey must be fulfilled, and that
the fulfilment most be manifest to all the world, unless
there be a rise of prices.—Now, the basis of my dactr;ne
oast my predictions is this; that upon an average of sea-
son, and for any continuation, the bushel of wheat cah-
oot be, take the kindest' throughout, higher than from
four to fine shillings the bushel. All the parties ahore-
mentioned, animated hithafeelings which I have truly
imputed to them, have, therefore, caught, eagerly caught
at ; leaped at ; desperately laid hold of, the recent rise
in the price 'of corn ; which, they insist, h:s rot
been at, all owing to 'sprealutions on the *mixt'e
tivion of Wififlint that, it has been an effect of
regular ielititi'libich are' pow beginhltig- to work

- • • - • •-7•••••0,-.-

mend, and to produce Meer''. -Neit*.4•!lldtifilmilit'''24
harOsogribed "thlH' slit! d'fitol*ieitiql;tisT ' nog
wiessere,tforgit t.1141' (itlii, ; Sot, iliet;li;tbis, he *tliiiv
gam, 3t toutrudictsino •prediction.of mists; and aecsintio
that it lasts fact in • their favour; seeing that the farmer
cats derive no advantage from that high', twice, which
'Weeds, from: the shortness of his.6o-p.77lloVrTer, the
jey of. all the parties has been extreme. ,Here,
stayfilleb
ais all cobbett's predictions falsified; gold coetinues to
' -e ha paid, sad wheat Aga rise* in price! In almost, if not
in every paper, il'Osii' enormous wen, has this species
of exultation made its appeaiance, The exultation has
helped the, thing along. It has certainly helped to raise
the. price. It has helped to push on the speculators.
But, my predictionr are much too true ; much too
well-founded, to remain long, n necCOMplislted.
Thu yageate, Which. I. lova
.:descrlbed, are too
steady- teed too strong to be : diverted from their
course by puny speculations like these. 1 am aware
• that hundreds of thonsandhand even millions, may be 'I
appropriated toilie purchase of' corn in consequence of
„ this. /aMUlttoe; bat, I am certain that no power on berth
camp:event the fulfilment of the predictions. This bum 7
bug wi/Liteleiae:nr.Gorenintent actually go to war, be'
total q Pawn iip in sag weeks. And now, mark the in-
•iogitll7.l, mirk the, bliearae of the infamous press. It
~easeetsl that the wheat %halite* abaci' the first of Febrto
~. ary, Nolan; to isseltie sitilliiige de festerep, That 1w to,
arty, it:asierVed Ail; previsions to Mislay 'Stet bat'it has
net filistrulas. 4lat . wheat :/eil:stbWr• , fAiliiiiii.a guar-
ter at Mark Lane during the last week ; that it fill sit
shillings squirter at Perim Mitkid;:ttod that it fell,
fire shillings a quitter at MVO*: market ! This in;
.11
describaldy infamous press has Said not a single word
about these things ; though the wheat had not risen half
• • a crown a quarter before it began, with unanimous voice,to
utter exclamations about the falaffied predictions o
eothelf. I.ly cpinivit is. Oat we shall see the wheat come 1
lowa tea price lose; than that which it bore before the
' moist)? of February; and it will be truly curious to watch the
vsgahond Jews who own these newspapets, and to see
what they say epos, the subject 1' ,Tbe probabilities are,
that, as the wheat keeps falling, they will keep on saying
that it does not rise; and that, when it has come down
to its. lowest rnsra egaip, they will admit no one into
tlielr columni who shall wish to make an Observation on
their .cooduct.— It is possible, however, thatdhey may
give the thing another turn; and say, " Weli,•now ; you,
" see wheat czarist and fall again, thongh the correney.
.. roatinues the same ; clear proof, this, that Peel's Bill
" has nothing to do with the matter!"-1 should not be
nt alt surprised if they were to give this torn to the
thing; nor at all surprised if the idiots 'of landlords' weft.
to swallow the httoshug.--Alowriir, the blow op must
. cameos- the estates must pass away.
, • Wu. COBUTT.

. . DR. O'MEARA..
Dr. 01 fears has this day published anotiter 10411
lef-
ter in.t.be Morning .Chronit* Our readers were in-
.
fortwed before, that it would, be loitcr for the Doctor to
holdhis tongue, unless ltr.foald denythiauthentieity, of
the notes and letters lodged at Mr. Murray's. 1. ..his
Utter of to-day, he.malres no attempt at such denial;
but, on the contrary, acknowledges the authenticity of
those notes and letters.—Whar, then, can be ray in his
Oefence? Why, reader', be tells such .a .story ! • Oh,
Cat, such a story, as would make the very stones in the
.etyeet rise op in judgtuant against biro. We have not
Mime in yo into the matter here ; bat we will do it, were.
it only for the cariosity of the thing.--Who would be-
lieve that the Doctor became the spy of the Governor;
told him all the secrets of bit patients ; called_soune of
them Flats and thieves.; told all manner of evil things of
t:teut to the Governer ; and that he dittall this purely front
7 egard jbr Napoletnt ; that be told all the secrets of his
ts..hold ; that be beck bited the whole of them to the

Governor; and that he did this, oven at the request of
AapOtron himself!!! Well has it been observed that
grad men tell no tales; hnt, if what this man says be
tette ; it Hnonsparte did instruct hire to be the Govern-
or's •jrl upon him Ilnonaparte himself ; what are we to
tiribk of hoonaparte!-41owever, the story is manifestly
It is minifestly invented for the desperate pur-
pose endeavouring to afford some sort of answer to
the tonclusive accusations contained in the Quarterly
Rev'ew. We wonder that the Morning. Chronicle is
not asl,arned of sending forth such a publication at all ;
and erpeLially without giving its 'pinion of it.

A yarnburg Mail has also arrived this morning, which
contains an article, dated Frankfort, March 9th, stating
on the authority of letters from Colin, that on the retreat
of the Yorks from Slussolorrgi, the Greek Chief pent_
trated to Voroclsie, the capital of Efolia, and there had an
action a ith the larks, who attempted to defend them-
selves. This they did for time from their houses, till the
iireeks set them on fire, when they were forted to re-
. twat.

• Blyinne parrs came to hand this morning, af which
the iug are extract'
BAtONNS, MARCH 7.—The two couriers which had
been anxiously expected here for these few days from
Madrid have arrived. That which left that capital on
the 28th.. WPM stopped on his first setting out from Iran
bta bawl of the Faith who took all his letters and
burnt them. Various troops still continne to arrive
daily. This day two couriers passed through here on
their nay to Paris, and a-Spanish Cabinet one for Lon-
don... tieneral Fluia is expected at Bayonne. From
the various accounts received here, we learn, that the
expedition of Bessieres had entirely tailed, and
that the remainder of his troops had arriyed on the
right bank of the Ebro, in a most wretched condition.

'French Papers to the ISth instant bave arrived since
our lest. Their'imateitit confirm, though in an obscure
manner, the rumours which prevailed in town on Satur-
day, that disaffection and insubordination had displayed
themselves to a great extent amongst the troops collected
for the I nyasion of Spain. The clearest allusion to the
subject is the statement that ."a.report had been made to
the Duke of ANGOULIMS by the Alajor.desteral, on the
situation of the several corps of the triny." It would not
•be surprising, indeed, that desertion or insuhordination
—Mould prevail to a considerable extent in the French► sr_
lily, if it be tine, es it is asserted in so article st:int Madrid,
ii isga is 4be..joirael des Damns, that. "at Kona, in
C'etalonia, a ationey has been 4Fgasital •4i favor Of