1801.] Defence of Foreftalling, Se,— Sketch of a Fourney, Se. 
To the Editor of the Monthly Magazine. 
SIR, 
_ § even your Magazine is not always 
A pure from rhetorical flourithes againft 
foreftallers, regraters, and monopolizers, 
I feel an inclination to try, whether or not 
you will admit a little clofe reafoning in 
favour of thofe whom, after long and difin- 
terefted confideration, I regard, not only as 
abfolutely incapable of doing harm, but 
as effentially requifite to the commerce of 
all the neceffaries of life. 
The reatons why any perfon buys any 
commodity to fell again: or, why any 
perfon fells any thing to another, knowing 
that the buyer intends to fell it again, 
are, ; 
1. Becaufe the perfon who buys to fell 
again, can improve the article by addition- 
al /abour. 
2. Becaufe, with regard to the difpofal 
of the article to the confumer, he poflefles 
{uperior izformation. 
3. Becaufe he has more time. 
4. Becaufe he has more capital. 
s. Becaufe he will, in general, take 
more care of the article, when itis his own 
property, than if he were to fell it for ano- 
ther man. 
Try any cafe of foreftalling by the above 
pofitions, and you will find that the fore- 
ftaller has benefited the public, by increaf- 
ing the value of the commodity, in fome 
one of thofe ways, or in feveral, or in all 
combined. 
Again: 
1. It is not for the advantage of the 
public, that the owner of any commodity 
fliould fell it to the confumer before it has 
received the requifite quantity of /abour. 
2. It is not for the advantage of the 
public, that he fhould fell for a lower price 
than he would otberwife fell for, in confe- 
quence of want of zzjormation. 
3. It is not for the advantage of the 
public, that he fhould fell for a lower 
price, in confequence of want of time. 
4. It is not for the advantage of the 
public, that he fhould fell for a lower 
price, in confequence of want of capital. 
_ §. It is not for the advantage of the 
public, that any commodity fhould be fold 
tor a lower price, in confequence of the 
want of care, or the difhonefty of a per- 
fon felling on commiffion. . 
Try all political-regulations that im- 
pede the free courfe of trade by the above 
rules,.and you will find that they are dif- 
advantageous to the public, in fome one 
of the above ways, or in feveral, or in all 
combined. 
This fubject is not of temporary inte« 
205 
re(t, from being at prefent under difcuffion ; 
but, in a country where the prime article 
of fubfiftence is annually imported, and 
where, of courle, the moft abundant har- 
velt is fcarcity, it is a fubje& of high and 
perpetual importance. I am willing ta 
illuftrate thele rules by examples; and, 
from time to time, to prove the theory by 
the practice from which it is taken, in as 
fhort and logical a manner as I can. 
MisoRHETOR. 
a 
For the Monthly Magazine, 
SKETCH of a JOURNEY from COPENHAs 
GEN f0 HAMBURG, Ge. 
(Continued from Page 107.) 
si aint in the morning of the 28th of 
April, we left the tarm-houfe: at. 
which we flept, and proceeded on our 
journey. We breakfalted at Remmels, a 
{mall and inconfiderable village, and from 
thence continued our journey to Itzehoe, 
which was our next ftage, diftant from 
Remmels fourteen miles. As we approach- 
ed this town, the fields, which were chiefly 
fown with wheat and barley, were inclofed 
by hedges of black-thorn, and the country 
appeared to be well cultivated; fill the 
roads were very heavy, and the wheels of 
our vehicle were, for the greater part of 
the way, fo enveloped in fand, that we 
were fometimes obliged to get out and — 
walk, asthe horfes, though we had four, 
could with difficulty proceed. Immedi- 
ately before we arrived at Itzehoe, the 
profpeét trom a mountain, or rathera hill 
(for nothing is here on a grand feale), at 
the foot of which lies the town, is very 
pleafing ; the country before us appearing 
to be more populous, better cultivated, 
and graced with more trees than we had 
been accuftomed to behold. At lengthy, 
we arrived at Itzehoe, with our faces as 
fun-burnt as if we had been an India 
voyage, which was occafioned by the re- 
flection of the fun from the fand. We 
went to the Hamburg Coffce-houfe, where 
the accommodations were fo good (indeed 
they were the beft that we had met with 
fince we left Copenhagen) and the people 
fo very civil, that we were induced to ftay 
two days to reft ourfelves, as our journey 
for the laft feventy miles had been ex- 
tremely fatiguing. 
Itzeboe has a very ancient origin: it is 
named from a fortreis built the beginning 
of the ninth century, by order of Charles 
the Great, to repel the incurfions of the 
Danes into Germany: this fortrefs was 
called Effeho or Iffeho ; in procefs of time, 
it was furrounded by a number of houfes, 
. which 
