and ship marks moved off slowly at the pre-ALL the CAPITALS, except SIX, in ted vious currencies. Wheat.. Rye Barley. ...... fine.. Peas, White. .... 50s. to 59s. -s. to -S.. 25s. to 27s. 30s. to 32s. -s. to -S. 40s. to -s. 33s. to 37s. 34s. to 39s. 30s. to 34s. 24s. to 263. Feed... 19s to 21s. Limerick .695. to 71s. SMITHFIELD, January 6. This day's supply of Sheep and Beasts was, both as to numbers and quality, moderately good of Calves and Porkers but limitedtrade was, throughout dull-with Beef and Mutton at a depression of 2d: Veal, from 2d. last Glasgow Lottery, were and Sold by BISH, at his Offices, 13, Cornhill, 27, Poultry, and 138, Regent-street, and paid for in money on demaud; and he has now on sale a great variety of Tickets and Shares for the SECOND GLASGOW LOTTERY, which will be all decided in ONE DAY, TWENTY-SECOND OF THIS MONTH (JANUARY). PRESENT PRICE: GLASGOW LOTTERY. Agents for the Commissioners under the WIFT and Co. being the authorised to 4d. per stone: with Pork at Friday's quo-Act of Parliament, respectfully announce that tations. WEDNESDAY, the 22. of JANUARY, Full three-fifths of the beasts appeared to the drawing of the Second Glasgow Lottery consist of about equal numbers of short-horns, will take place at COOPER'S HALL, in the Devons, aud Welsh runts: the remainder of City of London, on about equal numbers of Herefords, Scots, and Irish beasts, with about fifty Sussex beasts, a few Town's-end Cows, Staffords, &c.-About In the usual manner of a State Lottery. The 1,600 of the beasts, chiefly short-horns, Schenie contains the following Capital Prizes : Devons, Welsh runts, and Herefords, with a few Scotch and Irish beasts, were from Lincolnshire, Leicestershire, and other of our northern grazing districts: about 700, for the most part Scots and Devons, with some few runts and short-horns, from Norfolk, Suffolk, Essex, and Cambridgeshire: about 100, chiefly Devous, Herefords, and runts, from our western and midlaud districts: about sixty, for the most part Sussex beasts, from Kent, Sussex, and Surrey; and most of the remainder, including the Town's end Cows, from the stall-feeders, cow-keepers, &c., in the neighbourhood of London. At least a moiety of the Sheep were new Leicesters, in about equal numbers of South Down and white-faced crosses; about a fourth South Downs; and the remaining fourth about equal numbers of old Leicesters, Kents, and Kentish half breds, with a few pens of horned and polled Norfolks, horned Dorsets, horned and polled Scotch and Welsh sheep, &c. MARK-LANE.-Friday, Jan. 10. The arrivals this week are large. The prices rather lower than on Monday, with a dull market. COBBETT'S WEEKLY POLITICAL REGISTER. VOL. 83.-No. 3.] LONDON, SATURDAY, JANUARY 18TH, 1834. "PUBLIC CREDIT." MEN OF TO THE [Price Is. 2d. finance, without having this phrase fired off upon us as his great gun; and, more shameful still, hardly have we seen a king's speech for, the last forty years, which did not wind up with some profession, declaration, or pledge, about the maintenance of "public credit." For myself, I have been a constant object of attack, for thirty whole years, as wishing to destroy "public credit;" and, though I am not named in the article which I am about to, quote from Doctor Black, I am meaned, and am accused of being a "designing man "who seeks to pull down the frame"work of the constitution, and who coldly contemplates and advises the "dissolution of PUBLIC CREDIT in "this country." An old and true friend of mine, at the time when the storm. ran very high against me, and when the purse was excessively low; when it was not very certain that the finances would afford another surloin of beef 66 READERS OF THE REGISTER. Bolt-court, 16. January, 1834. SENSE,-Not gabbling, empty-skulled fools, who repeat words as they are repeated by magpies, jackdaws and parrots, and not with a thousandth part of the cadence of the starling, which the French call the étourneau, and which the English, when they rove about there, spending our taxes, or wasting the earnings of their industrious parents, describe as the dish in the whole world the most delicious, next after the robin-redbreasts, which the cunning bird-catchers furnish them up in whole platterfuls, while they would (and they must have been low indeed, devour robins, wrens, or a hind quar- time together); at this season, when to keep that out of my house, for a long ter of the devil himself, if cooked up and well seasoned, to pamper their apthere were three hundred newspapers, petites and indulge them in their lazi-magazines, and reviews, all open-mouthness: not this sort of creatures, which ed at me, he expressed his astonishI can hardly call people; not to such, ment at seeing me so gay and full of but, to men of sense, I address the re- spirit, observing that he should have died under it long ago. "Ah!" said I, marks I am about to offer upon the subject of "PUBLIC CREDIT.” "but you are not so blessed with that As in most other cases, senseless peo-that meekness of spirit, which it has "forbearance, that patient resignation, ple dispute here, and, particularly, as in the case of education, they dispute (devil take them!) without ever ascertaining, or endeavouring to ascertain, what the thing is that they are disputing about. And, without ever attempting true; but, as I draw towards the close, to define what is meaned by the words public eredit," I have been abused by ance; patient submission and resignathe whole of the gabbling and scribbling tion are very well, for thirty years; but, tribe, for, now, just thirty years, as" an they are not to last to the end of the enemy to public credit"; as wishing chapter; I am resolved, now, to resent to destroy public credit," which these the injuries that I have received; there bothered-skulled creatures sometimes is a time for all things, and the time is call "the credit of the country." If it come, for seizing hold of these stupid were confined to this motley crew of calumniators, and either shake the jabberers and scribblers, it would not breath out of their bodies, or sense into be so much; but, never do we hear a their skulls. speech from a Minister, about taxes or [Printed by W. Cobbett, Johnson's-court.] 66 pleased God to bless me with, and "which has sustained me under all "these ten thousand volumes of lies and "villanous abuse." And this was very I am determined to show a little resist Before I go any farther, I shall, in pursuance of my good old course, insert D 66 the article (taken from a Morning" tion of public character in those opuChronicle of about a week ago), and "lent classes of society from which then make my remarks upon such our representatives are necessarily parts of it as I deem worthy of particu-" chosen. Throughout the kingdom Jar observation; and especially on the" the general inquiry is, Where are subject of what this dunder-headed scrib-"the public men better qualified to rebler calls "PUBLIC CREDIT." The whole "" present us?' The anomalous state of article is too long for insertion, and so" the two branches of the legislatureabominably dull, as to make it pre- "in the hostile and unreformed chasumable that it came from some grub- "racter of the Lords Spiritual and bing and special-pleading pedant, with" Temporal-presented a most formida mare's tail upon its head. It is not able opposition to the principles and the writing of Doctor BLACK; the north" plans of any liberal administration. of the Tweed never sent us any thing so "We have also frequently observeddull as this. There is an archness in" and it cannot be too often impressed the nonsense of the Scotch feeloso- on the over-sanguine and ardent phers, which makes it readable. You "friends of liberty-that Lord GREY say curse the fellow," and toss down" in the selection of his Cabinet laboured his stuff; but it does not set you asleep. "under peculiar difficulties and disadNot thus with the article of which I am 66 vantages. The state of parties did speaking, the writer of which seems to not allow him to form an exclusive be a volunteer treasury-hack, not yet Whig Government; and he must got into pay; not yet made a gentle- "have encountered extraordinary and man-travelling commissioner; nor ac-" unknown contrariety of opinion in tually upon the list of state paupers. securing the co-operation and poliHe writes what would appear to be" tical agreement of his colleagues and intended as a defence of the conduct of" various classes of supporters, not only the Ministry; rails against Tories; points "in his plan of Parliamentary Reform. out the difficulties of Lord GREY; apolo- "but in the general principles of his gizes for things done and for things left" government. The royal preroga undone; complains of the difficulties" tive, and the personal sentiments and that Lord Grey has with the King; and" individual views of a KING, further from the King he comes to the "destruc- impose no common obstacles in the tives," amongst whom he is pleased to" direct path of a British Prime Minister. number me, accusing me, as I said be-"The Reformers ought to give due fore, of being "a designing man, aiming weight to these grave considerations "at an overthrow of the frame-work of "when indulging inexcessive disappoint"the constitution, and coldly contem-"ment and condemnation against what is "plating and advising the destruction of" now fashionably termed a juste-milieu "public credit in this country." Now, government; and they would do well men of sense, I beg you to read the "to reflect more on the consequences article which is here inserted, and then" of Tory successors to Lord GREY, to have the goodness to hear what I" and on the grievous impediments to have to say in answer to this scrawling" better government which the Conserfool. "vatives have placed and are strewing 66 Unhappily the reform of the con- "in his official path. We do not ad"stitution of the House of Commons" dress ourselves to the small party, was too long delayed, and under these" denominated Destructives'-wild, "circumstances popular disappointment" or designing men, who seek to pull 26 was sure to follow the opening la-" down the frame-work of the consti*bours of the first real representatives" tution, and who can coldly contem"of the people. Moreover, the worst" plate and advise the dissolution of effect of the corrupt and exclusive "public credit in this country—we "nomination system of election had" believe they are few, and we know been to prevent the natural forma-" that they have no present weight in 66 66 "society; but we address ourselves to at a public-house, bawling and thump"the instructed and principled Re- ing the table for a whole evening about formers, who are the numerous and some subject of contest, and going reel"honest friends of order, and of the ing home at midnight without knowing "progressive improvement of our na- the meaning of the thing that they have "tional institutions. We are not now been brawling about. "going to discuss the question of the "Public credit," if there be any mean"occasional expediency of producing ing in those words, which should attach great changes in the condition of us to the thing, means a great and allsociety by political revolutions. When pervading confidence between men in "Governments, instituted for the benefit general, amongst those persons in "of the people, utterly fail to answer general who compose the public: it "their end, a nation, possessed of the means that there is a general confidence power, always did and always will amongst men, and that, according to overturn tyranny and tyrants-on the the old saying, a man's word is his "indisputable principle that all rights bond. I have heard, for instance, that may be maintained by force when Mr. POULETT THOMSON's father could "other means fail; and it would be send out a score of ships to Russia upon "well for the Tory Press to ponder on his bare word with regard to the terms. "this position, and to contemplate the When confidence like this is prevalent in present heaving political state of the a nation it is worth a great deal it is "Continental Governments of Europe. money in its most valuable shape: it is "But the unparalleled moral revolution real riches: makes a ship move without lately effected in this great country a charter-party, and without all those "has facilitated changes by which old delays which a want of confidence is "and imperfect institutions must be sure to occasion. I remember an old progressively and peaceably accom- man in Hampshire, that we used to call modated to present wants; and in no "the Shepherd," who used to go to the country is a violent political concus- great fairs in the west, and, without any "sion of society so unnecessary, and in writings from first to last, used to bring no nation would it be more destruc- home a score of sheep for one, two tive or socially fatal to the present score for another, three score for anogeneration of the people. Our deli- ther, and so on, tell the owner the price 66 verance is in our own hands." of them when he brought them home, Now then, here are two charges pay him or receive from him the baagainst me by this ministerial hack lance, and not a letter scrawled upon the first is, "that I wish to destroy the paper; no questions asked as to whom frame-work of the constitution"; the the sheep were bought of, or any thing second is," that I coldly contemplate at all about the matter. "Here's forty "and advise the destruction of public" pounds, shepherd; bring me a score "credit in this country." "of ewes." If the forty pounds were Now, not "first of the first," as a too little, the shepherd had the balance stupid special-pleading well-stuffed par- to receive; if it was too much, he had son would say, with the name of logic to pay the balance back, after deducting upon his tongue, and with a complete so much a head for his labour. Now, absence of it from his brains: not first of where the people of a country are in the first, but first of the last, namely, this the habit of confiding in each other in famous" public credit ;" and let me be- this manner; where a country is full gin by asking this mare's-tail political of old Mr. THOMSONS and of shepherd logician, WHAT "" PUBLIC CREDIT IS? HOLMESES, then it may be truly said This is the great fault of scrawlers of this that that country possesses public credit; description; they never define the thing and we all know but too well what is that they are disputing about. A crew become of this public credit in this of them, wrangling with one another, country: we know that, in exact proresemble a company in a smoking room portion that the infamous paper money has increased, this really valuable public | caused revolution upon revolution in the credit has diminished; and that now no property of the country ever since the man trusts another, unless he has him year 1797? If the accursed thing had bound upon a piece of paper with a never existed should we have seen the stamp upon it. bill of 1819, the other bill of 1822, the By "public credit," this mare's-tail panic of 182, the next stupid bill of crew mean the capacity which the Go- 1826, and the still more stupid bill of vernment has of borrowing money and 1833, which is to make Bank of Engcontracting debts, to be paid by the land notes as good as ever French assigpeople of the present and of future ge- nats were, in the month of August next; nerations. These reptiles call the debt should we now see all the industrious the "public debt"; the army they call part of the people of Scotland chained "the King's"; the navy is " royal"; by droves to the chariot-wheels of the the Ministers are "his Majesty's ; the paper-money makers of that country; tax-officers, and even the expenders of and should we now be standing like the money, are engaged in "his Ma- BOBADIL before DOWNRIGHT, trembling jesty's service" it is the "royal trea- at the holding up of the hands of Russury," and the "King's exchequer"; and sia and America? Here, in this one fact, both the attorney and solicitor general is a complete definition and explanation of are" his Majesty's legal advisers"; but the words “public credit." Every man it is the "public debt"; that is to say, in England and Scotland and Ireland, the people's debt; and this is what was who is not a Jew, or who has not sold observed by Paine long enough ago. his soul to the devil for the sake of moThis crafty application of words was ney; every such man says, "We ought pointed out by him as one of the means to go to war with Russia": the answer made use of to delude and defraud the is, "If you go to war you destroy públic people. Why not call it the royal credit."" That is enough; there is the debt"? Why not call it "his Majesty's definition; public credit means, a thing debt"; and why not call " public cre- which renders it impossible for a nation dit" the "royal credit," or "his Ma- to go to war, be the provocation what it jesty's credit"? since these reptiles may; because, if it defend its honour, clearly mean by public credit the power of the King's Ministers to continue to borrow money and to make the people pay the interest of it. This is what they call the credit of the country; this has been the destruction of the real credit of the country; and I do most anxiously wish to see this curse itself utterly rooted out and annihilated. έσ defend its rights, provide for its safety and independence, it does harm to public credit; therefore, public credit is a thing inconsistent with the honour, greatness, and safety of a nation. And, this is the thing, for my coldly contemplating and advising the destruction of which, this volunteer mare's-tail monster has the audacity to call me a Amongst the effects of this public cre- designing man! The old Lord CHATHAM dit are the burdens which the people was also, then, "a designing màn,” and have to bear, and of which they so justly a "destructive"; for, in every man's complain. I will, in a future Re-recollection is his memorable saying: gister, insert an extract from the twelfth that, "in proportion as the nation sauk, or last-published number of my History" the thing called public credit rose; of George the Fourth, which will pretty well clear up the meaning and tendency of the thing called " public credit. But has not the accursed thing hanged a debt of eight hundred millions about our necks; does it not cause an army of a hundred thousand men to be kept up in these islands at the end of eighteen years of profound peace; has it not "and in proportion as the spirit of the "nation rose, the thing called public "credit sank." The observation of this great man had led him to this conclusion in his time: what would he have said, if he had lived unto our day, when, if an Act of Parliament were passed, providing that no war were to take place, though the French were to |