rately: the importation exceeding the home consumption by
fifty million pounds. Burn's 'Glance,' however, gives the importation
and home consumption for both years; unfortunately, however, not in
lbs. or cwts., but in bags. * * * *'s fraud, however, is not the less
apparent.
He selects a Whig year when the home consumption was 220,-000 bags under
the importation, and a year for Peel when the importation exceeded the
home consumption by 280,000 bags, and claps down the figures as alike
describing the home consumption.
None of the Peel papers have taken up the subject: if they should, the
'Morning Post' will answer the pamphlet; but I should like to have mine
back again, in order that I may furnish them with the notes.
* * * * was with me this morning, and called my attention to the
circumstance that the author starts with 'We,' but drops into the
singular number; * * * * fancies it is Peel himself, but the page on
endowment fixes it on * * * *.
Lord L * * * * means, I presume, that Peel's savage hatred is applied
to the Protectionist portion of his old party, not of course to the
janissaries and renegade portion.
The following letter was in reply to one of a friend who had sent him
information, several days before they occurred, of the great failures
that were about to happen in the city of London. The list was
unfortunately quite accurate, with the exception indeed of the
particular house respecting which Lord George quotes the opinion of
Baron Rothschild.
TO A FRIEND.
Welbeck, September 17, 1847.
A thousand thanks for your letter, the intelligence in which created a
great sensation at Doncaster.
As yet none of the houses appear to have failed except S * * * *. Baron
Rothschild was at Doncaster. I talked with him on the subject; he seemed
not to doubt the probable failure of any of the houses you named, except
* * * *. He declared very emphatically 'that * * * * house was as sound
as any house in London.'
Lord Fitzwilliam declares 'it is no free trade without free trade in
money.'
Lord Clanricarde is here--laughs at the idea of Parliament meeting in
October; but talks much of the difficulties of Ireland--says he does not
see how the rates are to be paid.
Messrs. Drummond are calling in their mortgages. I expect to hear that
this practice will be general; money dear, corn cheap, incumbrances
enhanced, and rents depressed. What will become of the apathetic country
gentlemen? I judge from *
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