Constitutional Whig. [volume] (Richmond, Va.) 1824-1832, 1826-09-01
FOREIGN IMrNGLraRMcn.

Since our last Summary have had no ariva,s from
Europe bringing any later information than is already In
the possession of readers the las, ,lnes ,b III,
tress of the manufacturers in Great Britain was sill, on IN,
increase, aud menaced seruus termination Nh,
had been feared by those who always anprchended
the worst some political denagogues had
Suffering and unemployed manufacturers the necessity OF
taking up arms with view to relieve their disess and
better their situation by the agency of force. The people
were in disposed IL accede 10 the proposition
since their situation appeared 10 be little better
choice of deaths violence, however, could only
increase the aggregate OF Suffering; the prompt and
interference Of the military would be adequate sup
preston of popular excitement unless that
should be simultaneous general throughout the coun-
try But the fears of rejecting and the attention
the government ITSELF have been awakened by different
and deeper view of the evil Individual bounty per-
formed its duy aud subscription list has appeared in The
London papers approaching in amount towards million
OF dollars: but this has bceu found inadequate give
an effective temporary relief is but holding solia-
~ crust to whole family in the very extremity of
on The ministers. therefore have dScoune thesc
Subscriptions and expressed their intention adopt
sureS t greater efficacy and extensive operation.
What these measures 10 be, know but aware,
as we arc HAT the zeal source Of the evil is the magnitude
of the public debt, the payment of the interest
which imposes the public of Great Britain (but little
exceeding oar own country in number) taxation
ting TO more than double entire revenue presume
that the remedy alluded imply par
tia exinguishn,cnt OF debt debt now stands
there is earthly prospect of its liQuiao the amount
ol It's interest alone, added the ordinary expenditures
oil tie government constitute annual aggregate which
Vernhient, cannot raise, these times of
How the liquidation dninuiion of this debt is tn be
elected aquestion of deep aud OF gea iacu-
ty few years ago. before the pressure of public distress
mad reached its present magnitude, the debt might have
been put in train of lIudaton by sinking that part
of 1T which is due individuals, unconneced with COM
nercial speculaors, in lie annues, by which means
certain amount would have been distinguished every
ana the whole of that portion with the present ton
but the country not now in the addition
al burden which that plan would, time, throw upon it,
and re know OF no system of reduction which be
resoIted to except that which Liverpool promo
sed viz an appnpatonof the public property the Crown
Lands and The enormous of the Church. and of
Corporations. I'VE may cquvocae (says the Edtor) as
much as we please, we adopt exisdiert
er but we cannot disguise the fac the Government in
solvent, and, like individual insolvens make
composition with the public CREDITOR wipe old debts
repent our former foies, and again equal terms
with oef countries in the of national prosperity"
This is indeed melancholy admission n the par, of
Great Britain. 1t is indeed The thousand and first repeti-
ton of the assertion, but it with the assent
aud admission of the Government itserivae sui,scp-
lions can no longer avail, but "a extensive and eff
cient measure must he adopted. This measure must par
take OF the chatacer Of compromise with public Gre
dor and that compromise will grounded on the fact IF
""''"ia' insolvency. Ma. Journal.