even those who have general notions upon
the question can possibly anticipate. In the event of any change which
shall derange the present system of currency, the landowners and
agriculturists of every class must prepare themselves for crippled
markets, curtailment of the sales of their produce, and consequently
for a great reduction in the rent and value of land. This will apply
equally to the fisheries, the distilleries, and the linen trade--to
every branch, in short, of internal manufacture, which is now
prosperous, and which has become so from the superior ease, facility,
and advantage of our present currency. Compared with these, the
interests of the bankers are actually trifling. Such of them as may
remain under the altered system, will no doubt, in one way or another,
secure their profit; but for that profit the country at large will
have to pay a heavy price.
The great question now for Scotland to determine is, whether these
interests are to be sacrificed to the theories of any ministry
whatever, without resistance of the most determined nature. That
resistance, in our deliberate opinion, she is not only entitled, but
bound, to make. We have purposely abstained from dwelling--nay, we
have scarcely even touched--upon any points of extraneous irritation
which may exist between the sister countries. Our wish is, that this
question should be tried upon its own merits, independently of any
such considerations; and we are glad to see that this line of conduct
has been adopted by every one of the numerous bodies who have hitherto
met to protest against the change. Believing thoroughly and sincerely
that we have a clear case, both on the score of justice and
expediency, we do not wish to revive any warmer feeling, though we are
convinced that a word could arouse it. Scotland in this matter feels,
and will speak, like a single man. We are sure of the unanimous
support and energy of the members for the ancient kingdom; and
although that phalanx forms but an integral part of the legislature of
Great Britain, we will not allow ourselves to believe that any
minister will proceed with so obnoxious a measure in the face of their
united opposition. One word only of advice we shall venture to offer
them, before they leave their native country to do battle in her
behalf. COMPROMISE NOTHING! Do not, as you value the interests of
Scotland, permit even the smallest interference with a system which
has already obtained the unqualif
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