1824.] 
{Letter fifteen refers the count, who 
seems tc have asked for leave.to, retire, 
to a decision. of the council at. war, and 
gives hima friendly inyitation to come, 
if possible, to, court, for, the purpose of 
assisting 1m the formation, of the plan 
for the) ensuing, campaign... It is, dated. 
from the)20th of October, and adds, in 
a postscript; the fleet has, passed Eng- 
land, In, the Levant. all is,on, fire, no- 
thing, but, the, arrival.of the fleet is 
expected. aa CCHREL ¢ , 
Letter-sixteen, requests a. confidential 
report , concerning, the, sailing, barges, 
which his pnedecessor, had rendered use- 
less... The empress. desires to know whe- 
ther they, can, be repaired by, the ensuing 
spring, and if theyare to, be replaced by 
new ones, whether he,can procure them 
on the.spot, or, whether they are to be 
forwarded from Russia.] 
(To be, continued.) 
: = 
To the Editor of the Monthly Magazine. 
Tear 
HAVE noticed an article beaded 
* Corton Manuractures,” copied 
from the Manchester Guardian into. the 
London papers. The substance of it is 
this, viz., since 1793, the cotton manu- 
factures exported by Great Britain, have 
amounted to 3653 millions in value, 
vials the raw material has cost only 
128 millions, having 275} millions pro- 
fit tafe pana capital of the country 
since that period by the cotton manu- 
fact nes, alone ; and that the total value 
of British produce and manufactures 
ctohed duri 1g the same period has 
been 8! 0 milli is, the raw material of 
which cost only 208 millions, conse- 
ape ny 672 millions, in the shape of 
pro Sg been received from foreign 
countries, as reward for the ingenuity of 
the En ish artizan, and industry of the 
Ei Jabourer, , 
received from foreign countries, neither 
ns, Jabourers, or the country, haye 
AP 
in, 
beyond, 
for thevast quantity of the products of 
ingenuity Ans labour which haye been 
exported, 
Mis-statement of a Manchester, Paper. 
335 
causes which have led to the extensive 
depreciation, or reduction in the re~ 
muneration of labour, and the extreme 
priyation and. calamitous distress con- 
sequent, thereupon, (a document which 
I think I have: adverted to’ in some 
former communication) ; itis shewn to 
a demonstration, that the excess of ex- 
port during the war was sustamed en- 
tirely by the bills drawn on account of 
the external expenditure, of the Go- 
vernment, which bills, or an. amount 
equivalent thereto, were converted into 
an ideal capital, yclept “the national 
debt ;” the interest on ,which, -pro- 
gressively increased as the excess of 
export increased ; and that the remu- 
neration for labour progressively de- 
creased, as the taxes, to meet the in- 
terest of the debt increased; and, that 
since the termination of the war, which 
instead of rewarding the British artizan 
and labourer for their ingenuity and 
industry, has abstracted from their earn- 
ings a fair reward for labour at. the rate 
of twenty-six millions per annum. The 
bills, drawn on account of absentee ex- 
penditure and foreign loans, are now 
performing the same functions, pro- 
ducing the same effects, and leading to 
amore aggravated and grievous. result 
than resulted from the bills drawn on 
account of the external expenditure of 
the government during the war. That 
such an article as the oné which has 
given rise to this communication, should 
have appeared in a Manchester news- 
paper, is not to be wondered at, and 
had it extended no farther it would 
have been. quite unworthy of notice ; 
but that it should have been copied into 
the columns of the London newspapers 
without an exposure of its falsehood, is 
discreditable to the understandings or 
diligence'of the superintendents of those 
papers, as the circumstance of extend- 
ing the circulation of this statement and 
falsehood is deplorable. The statement 
which I sent you last. month, should you 
insert.it in your ensuing number, wil 
throw much light on the subject of the 
cotton manufactures, near 1813; it is 
there shewn, that as the, quantity or 
official value exported increases, the 
real. value decreases. Let the cause of 
this be investigated, and it proves that 
the depreciation is effective at the ex- 
pense of a reduction in the remunera- 
tion for labour, which the extending 
application of machinery tends in part 
to occasion; and that the aggregate in- 
terests of the country are diminished 
in a ratio corresponding with such re- 
duction. 
Oct. 20. E, A. 
