or rival, than you were before. tioners, he has taken the liberty Now, then, how is any commerce to speak in most contemptuous between us and France, for in- terms of the newly-discovered stance, to exist, which shall be principles of Free-trade, observ mutually beneficial? If the bene-ing, amongst other things, that fit be mutual, neither of us gain or lose; so that mutual gain is wholly out of the question.

those nations, which have acted upon the restrictive system, have always been most prosperous and The way of our ancestors was, most powerful. He might have never to pester themselves about added, that it was wealth and these liberal notions of mutual power which enabled nations to benefit; and never to have any act upon this system; that all nacommerce, the gain of which was tions would do it if they could; not decidedly in our favour. This that every nation would fill its was their rule; to gain all they own bucket out of its neighbour's, could by commerce; and even to if it could do it; and he might forego commerce, if rival nations have gone on to say, that Enggained by it in a degree any thing land, who had done this for so approaching to their own gain. many, many ages, while she was Or, as Locke very well expresses really rich and really powerful, it, their object was to fill their own had now, in her days of paper bucket if they could; but to care beggary, while she was compelled little about the matter, unless they to see, in silence, the French at could, at the same time, diminish Cadiz, and the Americans in the the quantity in the bucket of their Floridas, within a gun-shot of the neighbour. This was their policy. Bahamas; that England, in these Our dear liberal statesmen are for her days of debt and of tawdry no such greediness, not they: they show, had resorted to the old trick are for mutual benefits; and, so of weak nations, the pretence of that they fill their coffers at the commerce upon the principle of Custom-house, they are for fling-mutual gain. This is what Mr. ing away all the geographical and maritime advantages that God has given us; and, though they have a debt to pay, which compels them to make bread dear, their liberality" induces them to scorn the "restrictive system" (except as to bread) and thereby shut out the goods of those whose bread is not of half the price.

ADAMS might have said. That he thought it, you can see by his words; and, however Mr. Hus KISSON may be cheered by the Collective;" this is the light by which his liberal transactions are viewed by the world.

Not a word of this sort did he get from PETER MOORE and EDWARD ELLICE. Not a word of Mr. ADAMS, the present Presi- this sort from Dr. BARING. Not a dent of the United States, who is word of this sort from any body. His no bad authority upon this sub-speech was that of a clerk of good ject, has just recommended to the memory; it was the desk of DownCongress to adopt a more ri-ing-street against the counting gorously restrictive system with houses of the city; and there is regard to commerce; and, in de- no question that the desk won the spite of Mr. HUSKISSON and Dr. day. BARING and the London Peti

During his speech, the contin

gent pensioner spoke of the manu- all came forward, and within those facturing distress of 1819 and very walls, which had resounded 1820; and, he took occasion to with the cheerings, amidst which say, that the poor, suffering ma- SIX ACTS were passed, you nufacturers were NOT NOW declare, that the distress is ten misled by "DESIGNING times greater than it ever was be◄ MEN," but, that they looked fore!

towards the Government with The contingent pensioner says, feelings of obedience, and grati- that the poor manufacturers are tude for benevolence experienced. quiet and resigned NOW, now We know, too, that BARING, when that there are no "designing men” be brought forward the "free- at work to persuade them, that trade" petition, took occasion to their misery is caused by the arts say, that "security to property" of the rulers. Let us see how this was the basis of commercial and matter stands. The following I manufacturing prosperity; and take from the Morning Herald of that that "security" was endan- this day (1st. of March). Read gered by "the designing men." it, Trade Minister, and you will In short, we know, that SIX see what can happen without the ACTS were passed, on the plea, aid of " designing men." that they were necessary to give this " security," and to "cause "prosperity to return, and to be "permanent."

disturbance on the part of the Weavers. We should hope that Government will be on the alert, and des

patch a sufficient military force, lest the mob should take into their head to materially injure or destroy the silk and other mills of the place.

"Macclesfield, half past seven p. m.

Monday.

By the following, which we received last night from our Correspondent at Macclesfield, it will be seen that there are serious apprehenI thank thee, contingent pensi-sions entertained in that town of a oner Minister of trade, for reminding me of these things. Well, there you have SIX ACTS; but, have you got the PROSPERITY? No, no; for you, Baring, and all of you, on both sides of the house, say, that the distress of commerce and manufactures was NEVER A TENTH PART SO GREAT AS IT IS NOW! What! and without any "DESIGNING MEN"! What! with Six-Acts and with no designing men! God is just; and here His justice is most conspicuous. You defeated the " designing men;" you put them down; you crushed them to dust; and, when you thought you had got prosperity, you reviled them, and scoffed at what they had said about REFORM; you insulted them; you trampled on many of their graves. Oh, just God! Twelve months had scarcely rolled over your heads, when you

"In my last I expressed my fears that the quiet of the town would not last long, and unfortunately my anticipations have been too correct. For the last two hours the streets have

been the scene of noise and disturbonly excepted-but hitherto no perance of every description-violence sonal injury has been sustained. Some thousands of the operatives, principally, however, boys, are parading the streets, but amongst them are many of the workmen. Catear in every quarter, and after a sort calls and loud whistlings annoy the of chorus of these discordant sounds, follow shouts of Eh, eh, eh! quickly and often repeated. It is impossible to say how these dis

agreeable symptoms may terminate, (I know not what they will do ; but but there is no doubt that the Ma- this I am very sure of, that issuing gistrates are on the alert. At pre- the Bills will do them no good. sent there are no military here, and The case is this: a parcel of felI hope none will be wanted; but when a mob is unrestrained, it is lows, calling themselves “mersure to become dangerous. Whilst chants" which, now - a - days, I am writing this, hundreds of idle means anything but that which it people have passed the window to used to mean; a parcel of these join the main body. fellows have bought goods and have given what they call Bills

Quarter past eight.

"I am sorry to say some acts of for those goods; that is to say, violence have been committed. Se-written promises to pay for the veral of the shop windows, and two goods at a certain time. The gas lamps, are broken. The num- time of payment is approaching, bers continue to increase, but as it and the fellows have not got the begins to rain, it is to be hoped the money to pay with. They must, mob will disperse. The Mayor and therefore, break, if they cannot Magistrates are assembled. I am fearful we shall have a rough night." borrow money upon the goods, seeing that the bursting of the bubble of paper money, has lowered the price of the goods, so much that they will not sell for enough to take up the Bills with. Thus then these fellows come, and ask the Government to lend them money out of the taxes, that they may keep the goods till they will sell at a higher price. :

What! And no designing men" at work! What! And all this in "a country, smiling in plenty," and amongst a "happy, contented, and grateful people, "enjoying blessings dispersed from the portals of an ancient "constitutional monarchy!" Ah, ́a, a, a, a, a—h! When shall we cease to laugh! How shall So that, this is a very pretty we find sides to stand all this! transaction. The fellows have And, what makes the thing the bought the goods without the mobetter is, that we, as yet, only seeney. The goods are things the beginning! If I could relieve wanted by the people of this counthe poor sufferers, I would in- try. Suppose a lot of sugar, for stantly do it; but, I, for announc- instance; the people wanted the ing whose safe return to England, sugar, when it came; but these JOHN HAYES was put into prison, fellows bought it up. Now they must and will laugh at the dis-must sell it cheap to the people; tress, the terror and the dismay of and, they come to the Government all those who approved of that to get it to lend them money, to deed. lend them the people's money, in order that they may sell the goods dearer to those very people!

EXCHEQUER-BILL PROJECT.-This subject was, I sup- No man living ever heard of -pose debated, as they call it, last any thing to equal this in point of night (Tuesday). But I am com- impudence. But it is equal in pelled to write this morning (Wed-point of ignorance; for, what prosnesday), and cannot wait for it. pect is there that the goods will It is generally supposed that the rise in price! The same sort of Ministers will give way here also. thing was done in the year 1793,

BILLS a sort of compromise has taken place. The Bank is to lend the money, and the Government is to do God knows what to enable the Bank to lend with safety! It is all folly: it can, at last, only save the borrowers for a few months, unless there be bank-re

and in 1811. At both those pe-at what took place last night riods there was fresh bales of (Tuesday) in the House of Compaper-money poured forth, and a mons.-As to EXCHEQUER consequent great rise of prices. Therefore, the lending of money then answered the purpose. Goods became dearer after the loan took place; but is there any man alive who believes that a rise of prices can take place now, unless there be another Bank restriction and legal tender, which the Mi-striction again, and that the Ministers have more than sworn that they never will yield to? So that the project, if adopted, would be abortive, though it would cost the people six or seven hundred thousand pounds. However, though it would be inefficient for good to the system, it would not be inefficient for evil to it. It would add to the confusion already existing, and would accelerate the arrival of the grand catastrophe, which will bring borough-mongering and paper-money-mongering into one common grave.

nisters say they will not resort to, unless there be an universal convulsion of nature. No relief can come to the pawners without an additional issue of paper-money. Mind that. This additional issue will drive the gold out of the country, unless the Bank draw in paper with the other hand. The Bank itself must stop, if it do not do this. Now, it is the increase of paper money alone that can cause prices to rise; and, as this increase cannot take place without stopping the Bank itself, of what Thus, my friends of the county of use can these loans be to the Kent, you who had the good sense pawners of goods! So that the to join me in that petition which scheme is sheer nonsense,veritable was abused by KNATCHBULL, by nonsense, the dream of silly men, HONEYWOOD, by CALCRAFT, by the longed-for paradise of fools. JOHN SMITH (CARRINGTON), and It is pretty good, to be sure, to see by that great and mad statesman BARING amongst the advocates for now no more, who, in a few days this loan; he, who ascribed the after he had abused it, cut his own distress to a plethora of money." throat at North Cray in your He did, indeed, say, that there county; thus, my friends, have I was some" malignity" at work; endeavoured to lay before you, a but, the main thing was a "plesketch, at least, of the great topics thora of money," and his remedy now in agitation. Every day of was" confidence"; whereupon the our lives brings something to give whole Mansion-House Crew set us additional conviction of the rea- up the shout of Confidence! sonableness and good sense of our confidence! confidence!" And now petition, and to make you, I hope, this same "plethora" doctor wants firmly retain your good opinion of more money; public-money to be lent to private people to help them in their private affairs! Well said, Plethora!

Your faithful friend, and
Most obedient servant,

WM. COBBETT.
P. S. I have just got a glance

86

The ROOK-NOTE BILL got

through another stage last night,and HUNT AGAINST COBBETT. will be passed before this goes to

HERALD.

Kensington, Feb. 27, 1826.

SIR,-In your Paper of this morning, I find a letter addressed to you from Mr. Henry Hunt, complaining of the conduct of my Counsel Mr. Phillips, and also of mine, with regard to the TRIAL, of which you published a report on Tuesday last. Satisfied as I was with the result of that trial, and as the public were also, I with reluctance stir the subject again ; but, the abovementioned letter of Mr. Hunt contains a tissue of statements, the nature and character of which are so well calculated to show, that the decision of the Jury was just what it ought to have been, that I cannot refrain from troubling you with some remarks on it. The letter sets out thus:

the press. JOHN SMITH (Carring-TO THE EDITOR OF THE MORNING ton) proposes, that the Bill should not begin to operate till next July! July! What, March, April, May, June, and all remain as it is! What! this state of things last four whole months! Well, let them go on. We shall have glorious sport!-Sir M. RIDLEY said that the country people (perverse creatures!) had taken it into their heads, that all one-pound notes were to cease to circulate at once, and that he feared, that the revenue could not be collected. He, therefore, called on the Chancellor of the Exchequer to undeceive these people; whereupon the latter "dispensed from the portal" of his head the most important and heart-cheering fact, that the said notes were to pass (if any body would take them) for three years longer, and that they were to be "gradually withdrawn from cir- Sir, Mr. Cobbett has published a culation"-Good God! if the long article in his Register, relating whole should end in Bank-Re- to the trial in the Court of King's striction, at last! Well, then, I Bench, Hunt v. Cobbett, a report of hope my readers will subscribe to the 21st inst. As I have no power which was given in your Paper of furnish me with a new pair of over any part of the public press, I sides; for these that I have never rely upon your justice and love of can stand this everlasting laughter. fair play, for the insertion of the folDuring this debate, Mr. PAL-lowing facts to show how easy it is for MER uttered the words of my an ingenious Counsel to ** SECOND MOTTO. He told and an the House, that there could be no * *. In a late trial, Byrne gold currency without "EQUIT- called as a witness by Mr. Parkins. v. Parkins, I was subpoenaed and ABLE ADJUSTMENT." Not I stated in my evidence that when I a word in answer to him! Here, first saw Byrne he spoke in high then, "NORFOLK BAWS"; here terms of Parkins, and abused Cobwe have it all out, slap in their bett, accusing the latter, amongst teeth. One talks of the "Feast other things, of withholding the subof the Gridiron," another of scriptions from him which were colEquitable Adjustment"; and lected in his (Cobbett's) shop in no one answers a word! Oh! Lord Mayor of Dublin, and made an Fleet-street. Byrne went before the they will all, by-and-by, become affidavit that this was false, that he as tame as a hare that a friend of never spoke ill of Cobbett, &c. &c. mine had that was suckled by a cat. | Mr. Cobbett published this affidavit,

** writer to