pressly and pointedly, that the "cash-payments." Why, then, Bank has a large and new edition I may be asked, does VAN do this thing? Why does he bring in this Bill? Why does he make this haste to get us at cash-payments? Mind, we are not to

of one-pound notes ready, in case of emergency. Emergency! What emergency can arise to call for this new and copious edition! Does he apprehend that people conclude, that a thing is wise in will refuse to take the sovereigns, itself, nor are we to conclude that and that they will rise in insur-it has a tendency to produce what rection in order to preserve the VAN wants it to produce, merely one-pound notes in use? What because Van adopts it. But, he is this edition got ready for, then? must have some reason for what What is, or can be, the nature he does; or, at least, some moof the fears of VAN and his Bank tive; and, in order to form an Directors, if they really mean opinion as to his motive upon this what they say if they really occasion, we ought to bear in mean to take in the one-pound mind who and what VAN is; for, notes and to give out sovereigns from these we shall be likely to in exchange? Do they fear, that estimate his views. the Country-Bankers, on whose VAN, then, was, about thirty notes the forgers will probably years ago, a quarter-sessions' barfall, will draw in their one-pound rister. During the Anti-Jacobin noles? The step is very likely War, VAN and one Dr. BEEKE, to be taken; but, what is that to a parson, wrote pamphlets in VAN and his Bank? They have favour of PITT's schemes and and got plenty of gold! And, what measures; VAN himself need they care what Country-wrote a pamphlet to show, that the finances were flourishing state; that the Sinking Fund would pay off the debt; and, that the nation became richer, instead of poorer, by the war! VAN was made a "Commissioner

Bankers may do?

in a

Why, then, have they the new edition of one-pound notes ready? Come, come, VAN, be honest! Speak out plainly, and tell us, that the gold is not to come out in reality; that all that is intended" of Scotch Herrings!" In some is a make-belief; and that even shape or other VAN has been the one-pounders will not obtain," a public servant" ever since. and are not intended to obtain, When ADDINGTON came into

office, VAN became a Secretary | himself again a "Commissioner of the Treasury; and there, with" of Scotch Herrings." He bea short interval, he stuck, until gan by calculations in support of the death of PERCEVAL, when he the Pitt and Paper-System; he became Chancellor of the Exche- has risen by being fit for the In 1800, CANNING and thing; and with the system he quer. FRERE and ELLIS and all that must stand or fall. tribe used to laugh at such men Therefore, VAN has good reason as VAN; used to crack their for what he does. He had good jokes on them; used to ridicule reason to propose a resolution, in their dull productions; used to 1811, stating, that the paper had quiz them, and call them bores, a not depreciated, and for stating, word then very much in vogue. in 1819, that it had depreciated, But, you see, Sir, that VAN has though, in the latter year, the got on. He has dug along; and depreciation was not so great by he is now a greater man than twenty in the hundred as it was CANNING, notwithstanding that in 1811. He had good reason, im the "unassailable, incorruptible" 1816, to dwell upon the powers Mr. JAMES PERRY of the CHRO- of the sinking fund to cause proNICLE goes to the India House to sperity to return; and in 1819, second a fulsome and false reso-to reduce that sinking fund to lution in his praise. VAN is now almost nothing. VAN is the reed a greater man than CANNING; of the fable; and, in times like and VAN'S humble brother these, he will stand longer than finance-pamphlet writer, Dr. the oak; that is to say, he will BEEKE, is a Very Reverend stick to his place, or spot, and so DEAN, and has four church liv- will his superior, 'till there comes ings besides! So that these then a hurricane, that will tear up the humble men, have dug along. very roots, ground and all. TULL They have worked their way. gives an account of a Dotterel Elm, standing by the side of a rich manure pit, that sent its roots into the pit eight times the length of the whole tree, in the space three years! VAN is a plant of this description; and nothing short of that which will tear up

However, VAN'S elevation brings its cares and anxieties with it. BEEKE'S is a snug thing. He is what the Bankers call tiled in. VAN'S elevation is lofty; but he is exposed to storms; an, if he live a few years, he may wish

of

the earth itself will eradicate him. Jhe. To tell such people of what VAN, therefore, has good reason, will be the final consequences of in his way, for what he does. He the thing they find of present use sees, now, that the blood-shed to themselves is as useless as to arising from forgery is greater warn a blade of twenty of the than the people will bear quietly. consequences of success in his He thinks that, if the one-pound-amours. You may preach to

ers be withdrawn from circulation, eternity before you will make the forgery will be curtailed; and, them believe, that evil can come therefore, his scheme is to with- out of a system that has done and draw the one-pounders; so that is doing so much good to them. the system may continue on; so It is for the day that their meathat his roots may continue to sures are calculated; and who penetrate into the rich soil; so shall laugh at them, when they that all may be well with him. As have gone on fattening in this to ultimate consequences, foolish; way for thirty years? The thing or, at least, wholly uniformed, is has actually lasted a generation the man that imagines, that VAN's clear out; and, cruel as it has measures ever have these in view! been, and will be, to the nation, The maxim of the whole of the it has answered all the purposes tribe, to which he belongs, is, of those who have had any share "no time is like the time present." in carrying it on. The accursed It is, with them, what will do, thing now, indeed, begins to give what will do for the day. What way; and the tribe themselves will do to get along with. They know not what to do with it.laugh at you, if you warn them They are very much puzzled; of ultimate consequences. "No but, they know one thing well,

"matter," said PERCEVAL, in and that is, that the destruction 1811, "the Paper-Money en- of the system includes the destruc"ables us to fight abroad, and tion of themselves; and, there"to keep down disaffection at fore, it is their business to keep "home." And LORD HARROW- it alive to the last possible moBY, when your bill was brought ment, no matter by what means. in, pronounced a sort of funeral As to the particular motive, the eulogium on the Paper-Money, in design of the day, which has opethe true Perceval strain. "It has “served us, and saved us," said

rated at this time, I will speak of that more fully by and by, when

I will also point out what it will except myself, anticipated the be wise in the people to do with consequences? Did any Landregard to this paying in gold.—lord say, that he should get no Before I do this, let me bring up rent? No: the Landlords were the history of the parliamentary all for the Bill. They thought, talk upon the subject of your Bill; that it would give them as many for, of all the things in this world, sovereigns as they then were getat this time, nothing is so inte- ting one-pounders. They have resting as these matters, upon now found, that it has taken away which depend the liberty or sla- a half of the one-pounders that very, not of this nation only, but they were then receiving. They of all the nations of the continent of Europe, who would have been all free in 1795, had it not been for our Paper-System, and who will become free in less than three years after that system be destroyed.

have their eyes open when it is too late. It is how discovered, that this Bill is ruining all persons in trade and in husbandry. In the Honourable House itself, Mr. BARING, who was an advocate for the Bill, has over and over again stated, that it is this Bill which is producing the ruin.

Mr. BARING has declared, that, unless this Bill be repealed, the distress is only beginning; and, accordingly, he moved on the fifth

I will, by-and-by, speak to you of the origin of your Bill, and will trace it along in its effects; but, first of all, let us hear what is now said about it in that renowned assembly, in which it was passed by unanimous acclaim. That assem- of April, the following resolution: bly will, long after it shall have" that the Committe be instructed eeased to exist, be famous with "to re-consider the provisions of posterity for numerous deeds; the Act of the 59. Geo. III., ch. but, when the historian shall be "49, for the purpose of alleviatciting instances of its wisdom," ing the pressure, which the he will crown his representation" strict execution of the said Act with describing the effects of Peel's" would have on the various Bill; and thus, like so many" branches of the public inteothers, you will obtain immorta-" rests."-Now, Sir, this is a dility by having your name at-rect attack upon your infallible tached to the works of other men. Bill, which vaunting and flashy

When the Bill was passed, who, Canning said, had settled the ques

tion and put it to silence for ever!" tional faith, but he must obAnd which Bill was so vaunted," serve, at the same time, that if when presented to the Regent by the landed interests were a litle further thrown into the shade,

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the time would soon arrive when

a breach of faith must be com

the Speaker with the whole House" at his heels! Mr. BARING'S motion was not carried; but, at any rate, the motion was made to re- " mitted." And, mind, a breach consider this infallible Bill. Can- of faith, as it is called, necessarily ning, flashy Canning, who made involves a repeal of your bill. such a clamour to get the Bill to Mr. BARING, indeed, taunted the pass unanimously: flashy Can- Somersetshire Baronet, and obning has not ventured to open his served, that the Landlords, "who lips upon the subject; but, his" had never refused their support Constituents, the merchants and " to the Ministers were now, after traders of Liverpool, have sent a having eased themselves of the petition to the Honorable House," burthens of the public expenditelling that wise and illustrious" ture, by borrowing money of body, that Peel's Bill has been others, ready to cheat the public the ruin of many of them; and Creditor of the money which will, if persevered in, be the ruin "he had advanced for their adof the rest. They, therefore," vantage." That's right, Bapray, that the standard of value RING! Work them in that way! may be lowered; that a shilling Stick to them! Give them not

may pass for eighteen pence; and that, you know, would be to repeal your Bill. Mr. WESTERN has declared, that this Bill is working the ruin of husbandry; and that he is satisfied that its provisions can never be enforced. Sir THOMAS LETHBRIDGE said, on the fifth of April, that,

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an inch. Hold them to the letter of the bond. And when all their lands are gone, we, the people at large, will remind them of the motives from which they borrowed the money; or, rather, the stuff which they call money, and which they themselves created before they borrowed it.

Mr. LOCKHART has declared; over and over again, that it is Peel's Bill that is working the

with respect to what had been said "of the necessity of keeping faith "with the public creditor, he was "not disposed to deny the im- ruin of the farmer and the Land"portance of preserving the na-lord. He has said that faith with