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but when we think of the extent of |-either from vague and general fear property that must be on hand, the -or from a desire to obtain higher number of valuable works which gains by fund speculations—will reeither belong to the company exclu-coil upon their own heads. sively, or in the right of publishing « There have been one large, and which they have an interest, in con- several smaller, though not inconnection with their numerous claims siderable, failures in Dundee—there to sympathy and support, we cannot is stagnation in Glasgow-and tear, believe that the consequences will or to some extent or other, everywhere; can be disastrous. Our wish is to but these circumstances, which are view matters on the brightest side. It by no means unexpected, or so very is the duty of the press, indeed, to serious as many will have them to be at least cool, at a time when the be, instead of leading to despair, or public seem inclined to yield every being converted into new and addithing, to vague fears, to magnify all tional grounds of alarm, should inthat is unfavourable greatly beyond duce the leading capitalists and merits true dimensions. Sir Walter chants of Scotland to adopt some Scott, it is said, is here very deeply joint measures for re-assuring the involved; but the author of Marmion, public mind. What is there, either of the Lady of the Lake, and of the in the public relations, or internal Scotch Novels, is not thus to be condition of the country, that should borne down : Scotland Britain-warrant any one in assuming that camot permit such a misfortune the present depressed state of feeling to befal them. To all concerned, can continue ?"-Scotsman.

trust there will be a favour- Trade in Glasgow. --The disable rebound. Even the bankers tresses that we ventured to predict must regain confidence. Neither the as likely to result from the money skill nor the capital of the country is panic, are now overflowing in every yet lost; and it will depend on their quarter, and many highly respecta. firmness and good sense, whether ble merchants, manufacturers, and the industry of the country shall be traders, find no little difficulty in seriously obstructed. There would keeping their heads above the water. have been some failures, although The lessening of the amount-the there had been no shock to paper- limiting of the time—and the incredit in England-no panic extend- creasing of the rate of discounts ing to Scotland. But much of the are severely felt in Glasgow; and present stagnation in business is within the short space of twenty owing to groundless alarms. There days, nearly the same number of still is capital, stock, property, skill houses are reported to have fallen in and activity in the country; and if consequence. The state of business matters shall be managed with judg. in Glasgow is as gloomy as it can ment and nerve, there is very little well be imagined. This is an awful additional risk in bankers aifording fact, and a fact, the publication of a fair and reasonable amount of ac- which, at an earlier period, might commodation to persons in business. have augmented the evil; but it is Let them beware, therefore, of all at now too notorious for further cononce running from one extreme to cealment. Complaints are heard on another. If unnecessarily timid now every side, and the distress'appears -if they decline taking the trouble to be not only grievous, but general. of being satisfied that they are and To specify particular branches, even may be safe and of giving assist- if we could do so, would be impruance where they are secure--they dent, but we confess that we cannot. may rely, upon it, that, at no distant All are alike affected; and though period, they will be sufferers that some have borne it better than the evils which they inflict on others Others, it is not because those bave

had less to bear, but because these generally considered that 6s. will be have been less able to bear it."—the extent of course, a great deal Free Press.

of this calculation must be founded “ That most classes of the com-on surmise. We have been informmunity should be, in some degree, ed, from very good authority, that the affected by the unprecedented embar-debts owing by the firm amount to rassments now experienced must be about 330,000l.”-Dev. Frceholder. expected, but it is melancholy to ob- “ The distress of the mercantile serve the effect it produces on the interests is become truly alarming, working classes at this season of the and unless something can speedily year. The demand for manufactures be done to relieve them, we fear the decreases, and the manufacturers are evil will go on increasing. One of obliged to turn off a number of their the most remarkable proofs of the inen who cannot elsewhere meet extent of commercial embarrassment with employment. These effects, is the fact, that at the Stamp Office occasioned by the general state of in London, the weekly receipts for the country, and the system of over- stamps (exclusive of Newspaper trading, are in some cases ascribed stamps) have been 12,0001. less than to the approaching admission of they were two months ago. A more foreign manufactures; but the ma- conclusive illustration than this cannufacturers, by raising this outcry not be offered. The fact has been against the competition of foreign communicated to us from an authogoods, show great want of tact in rity which we consider to be unquesdepreciating their own commodities, tionable.”-Macclesfield Herald. and would be uncommonly annoyed “ We regret to notice that an im if they were to be really belicved. portant failure is stated to have taken That the proposed measures have place in Liverpool. The individual produced some stagnation in parti- referred to has always been highly, cular branches of trade must be ad- respected, and hitherto considered mitted; though the particular de an opulent man; but the late enorpression of those manufactures has mous depreciation in mercantile probeeu caused by the alarms of the perty has beerbeyond what he could manufacturers themselves. We trust sustain. His debts in this town, that the present general distress will where he has wealthy and highly be but temporary, and that in the respectable relatives, are considercourse of two or three months, be able, but not very heavy.”—Manchi fore which time the extent of the Guar.. late commotion will be known, the “A gentleman noticed two children opening Spring will be attended with in Heckmondwicke, last week, actubrighter prospects." .- Birminghum ally eating from a pig's trough, and Journal.

carrying away what they could not « The partners of the late firm, eat, to relieve the cravings of nature Messrs. Sir W. Elford, Tingcombe, when hunger returned. Many famiand John Were Clark, must, we hear, lies in that place were said to be surrender and make their appearance starving for want of food."-Leeds before the Commissioners, at the Patriot. third meeting of the Creditors, to be holden at the Royal Hotel, on the The last paragraph is worthy 4th February next. Many rumours of your particular attention. are in circulation as to the probable " oh! the roast beef of Old amount which will be paid in the pound; it was, in an early stage of England!will occur to you, as the bankruptcy, imagined that up you read it. It is no bad spen wards of 10s. would be realised from cimen of the scale of ring of a the assets of the estate, but it is now large part of the English people; and this is going on, observe, at (advantage ; of getting things for the same time that there are half their worth, and of devouring twenty or thirty thousand elegant all around them. This sect, in new houses building for the use of England, never WORK. Only the Jews and Jobbers, in the think of there being a “ religion, environs of this enormous and de. or rather, a thing called a relivouring wen; a country so splen- gion, serving as the bond of union did in appearance, with a people so of a whole sect, not one of rhom truly miserable, was never before ever does any work! You always seen in the world. Nothing short see them as clean as a new pin, of universal famine and death and their backs as straight as a amongst the labouring classes can gun stick. They are worse than exceed that which they now have the Jews; for these devils do work to endure.

sometimes. They carry oranges Such are the effects of loans, about the streets; and their reliof funds and of paper-money. gion, or rather their particular How should there be other effects species of blasphemy, requires arise from a system, which in its them to slaughter their own meat, very nature takes the dinner from and to cook it; but the Quakers the poor man and gives it to the do not do even these things. The rich; takes away his clothing, his people of other religions are their bedding, his fuel, makes him a menials and their slaves, and they slave ten thousand times more have been, for a long time, living miserable than the slaves in Ja- upon the sweat and blood of the maica. This system has enabled rest of the community. While that sly, sleek, meek, money-get- their “religionforbids them to ting tribe, the Quakers, to suck wield a sword or to pull a trigger, up no small part of the earnings though the country in which they of the people. Nothing can be fatten be invaded by a foreign more striking than the effects of enemy. this system with regard to the Would you believe, that Mr. Quakers. Its tendency is to draw BROUGHAM, as if this cunning money into great masses ; to sect were not already sufficiently create middle men, who hand the indulged, proposed, sometime produce of the earth about from ago, to pass a law to make their one to the other; in such a way affirmations, as they call them, as to give a profit upon a bushel equal to other men's oaths, even of wheat to seven or eight of them, in cases of life and death! Was before that bushel of wheat gets there ever impudence equal to this from the farmer to the consumer. heard of in ihis world before ? This cunning sect form a large Some of the sect must have moved portion of these middle men. In him to do this, he never would addition to this, they form a con- have volunteered it of bis own siderable portion of the money- head. Such a reflection upon

the makers ; by which they not only church ; such a scandalous proget double interest for any real position, never could have been money that they may have, but the offspring of his own mind. they also obtain the nieans of This is ibe cunningest crew dealing to the greatest possible that ever existed. All their professions of meekness; their dress; men wholly different from those their yea and nay phraseology; that belonged to agriculture. their abhorrence of bloodshed; The truth is, that that sobriety, their scrupulousness about paying that economy, that order, that tithes; these are all bottomed in simplicity of manners, which are the most profound, the most stu- so excellent, when applied to good died

and deep dissimulation. purposes, become so many sources All men of sense know this very of extraordinary mischief when well; and the Government knows applied to bad purposes. A sober it, as well as other men. The thief; a regular living thief, is a Government cannot like a sect great deal more dangerous than a because it objects to tithes; and drunken and disorderly thief. because it will not fight, even in However, in England, the sect, case of invasion. This the_sly taken as a whole, is a very difsect knows very well, too. But, ferent thing to what it is in Amethe sect has something that makes rica. There, it takes its share of up for all demerits, namely, its the various labours of the country, principle of passive obedience and along with other men. Here it non - resistance. The sect will performs no labour at all. It obey any thing that has power. seems to have taken its affirmaIt cares not what it is, nor who tion never to work; and, in all it is. It has no regard for country. deep contrivances for the making It will be a slave if you like; but of money, for the taking of adit will be a fat slave, à favourite vantage of the unwary, it surslave. This is what makes the passes even the Jews. It well sect a favourite with governments; knows all the mischiefs of paperand it has been indulged here, till money; but it well knows all the it has, at last, been one of the gains attending it; and amongst great agents of producing the pre- those who have been turned up in sent unparalleled distress and mi- the late panic," this sly sect sery. It shuns all office; it will make a most conspicuous figure. have no responsibility; it seeks “Late panic” was what even never to be named in public ex- they did not foresee; and I verily cept in works of cant; its desire believe, that the destruction of the is, and it has succeeded thus far, paper-money system will go very in working along silently, living far towards the breaking up of in ease and plenty, and accumu- this sect, at which I shall rejoice lating masses of property, at the exceedingly. expense of the rest of the commu- Come, come!” you

will

say, nity.

“is not Isaac WRIGHT at the I

may be told, that I formerly bottom of all this?” Not at the had very different notions with bottom of all of it, my friend. regard to this sect. In the first But, suppose I say yes?

Have I place, my acquaintance amongst not a right to judge in that way! ihem began amongst such as were Have I not a right to conclude farmers and labourers; and you that the whole sect is bad, upon know-very well, that the mercan- that very ground, and no other? tile Quakers in America were If a serpent sting me, and I lose always looked upon as a class of my arm, am I not justified in de testing all serpents ! No, no!) told me that he answered him This does not apply to other sects, and I am sure he did), that, if as it applies to this. Recollect, that were a justification of his this seet possesses the power of conduct, no breach of faith would expelling its members. It exer- ever stand in need of a justificacises a supervising power, as to tion. The villain would give no the conduct of every one of its answer, either verbal or written, members, mark that I beseech to my remonstrances on the subyou; for, it is the existence and ject; but his son, in answer to exercise of that very power, the representations of my son, which has done more than any who pleaded the cruel disappointthing else, to give the sect a cha- ment to his mother and sisters ; racter for purity. It owes ils in auswer to this pleading, the character for integrity and purity sleek and sly young caitiff coolly to the none existence of this very observed : “Father is very sorry; power. “Oh!" say people, "if" but, thou seest, friend COBBETT, Ta Quaker do any thing wrong he “ that father would have lost two " is disowned, he is read out of or three passengers,

if he had meeting;

; therefore, we have “ let friend COBBETT go in the " security for the good behaviour “ ship.” " of the Quaker.' Now, then, This is the case. Every part how stands my case with Isaac of this case was notorious at New Wright? He had a packet-York. Every Quaker knew it, and ship, in which people took places several did reprobate Wright's to come to England. I took my conduct. But, there the sly, slateplace of him, in person, and faced reptile still is, not disowned, agreed for the sum; he found the not read out, for this infamous act. next day, that the English Consul Every fact relating to the case was would not give him a letter of stated at the time, and in print. health, and that he should lose There were witnesses in abunsome other passengers, if he took dance at New York; but the hypome'; therefore, when I tendered critical banditti which disown a him the money, which I did before poor man for a mere trifle; for witnesses, he would not take it, marrying anybody but a Quaand refused to let me come in his keress; for uttering a swearing ship, though the season was get- expression; that banditti, who ting late, and though he well have no remorse when they blast knew that my wife and family ex- a young woman's character for pected me by that ship. And, ever, for faults, which, though what was his defence of his con- they be faults, ought always to be duct? Why, he told Doctor chastised in mercy; this cunning Taylor, who is at New York now, banditti has held, since that time, and to whom I appeal for the five annual meetings in New York, truth of what I say; he told Doc-and-this slate-faced vagabond is. tor Taylor that he broke his still a member of their society. agreement with me, because if he That society is, as is well known, a had not broken it, he would have branch of the one general society, lost more than he would have got the trunk of which is in England. by my passage. Doctor TAYLOR It is well known, that annual re

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