I propose a novel Theory of Power, which is inspired by the lucubrations of Mr. Newcomen, the Earl of Lostwithiel, and Dr. Waterhouse on the Engine for Raising Water by Fire. As a Mill makes Flour, a Loom makes Cloth, and a Forge makes Steel, so, we are assured, this Engine shall make Power. If the Backers of this Device speak truly—and I’ve no reason to deprecate their honesty—it proves that Power is not a Conserved Quantity, for of such Quantities it is never possible to make more. The amount of Power in the world, it follows, is ever-increasing, and the rate of increase grows ever faster as more of these Engines are built. A Man who hoards Power is therefore like a miser who sits on a heap of Coins, in a Realm where the Currency is being continually debased by production of more coins than the market can bear; so that what was a great Fortune when first he raked it together, insensibly becomes a slag-heap, and is found to be devoid of value, when at last he takes it to the market-place to be spent. Thus my lord B—and his vaunted Power-hoard. What is true of him is likely to be true of his lackeys, particularly his most base and slavish followers, such as MR. CHARLES WHITE. This varlet has asserted that he owns me. He phant’sies that to own a Man, is to have Power; yet he has got nothing by claiming to own me, while I, who was supposed to be rendered Powerless, am now writing for a Grub Street newspaper that is being perused by you, esteemed reader.