~ 
138) 
keeping back one-half of a commodity, 
and appearing themilelves in the fhape 
ot buyers, raife the price of the. half 
that poes to market. But what is to 
become of theirown half? S.-ftops fhort 
his flatement, and forgets that “his 
twenty buyers have one-half ef the com- 
modity to tell, and that they muft fell, in 
order to make the expected advantage. 
This half cannot be preient at the market, 
and abfenr at the fame time. The owneis 
cannot be, at the fame time, both buyers 
and jellers. When this half is brought 
forward, the pretended .buyerg inftanrly 
become fellers; and throw the weight 
ito the oppotite fcale 3 and, as an increale 
of price always cauges.a degreafe of con- 
fumption, they find that the price of their 
half of the commodity is funk even be- 
low what it weuld have been, if they had 
brought their half to market at -firit. 
They find, that they have put fxpences 
inte the pockets of their rivals, by taking 
ihillings from theirown. They find thar, 
though they have raifed the price of part 
of the commodity, yet, undue quantities 
having beenkept back, they have lowered 
the average price. Fort is a notorious 
paralogiim, though conttantly employed 
on this oecafion, to fay, You have railed the 
price of corz {ior inttance), meaning a 
particular pareet; therefore. you ‘have 
made corn dearer in general. 
If, indeed, this could be faid to every 
dealer, and with refpect to his own part of 
the commodity, it might be intelligible. 
Hot it has been abundantly proved, that, 
though a man may raife the price of his 
neizhbour’s, yet he cannot raife the price 
of his own, except when it is for the ad- 
vantage of. the community.. The mo 
likely way would be, not by appearing as 
a buyer, and making the fupply feem too 
imeail, but by ufing means to make his ri- 
vals fei] at a low price. ‘The low price 
would infallibly inereale the confumpiion; 
the inereafed confumption would produce 
a degree’ of real icarcity ; and then the 
pait Kept back might be brought forwaid 
tu advantage. But J beifeve no dealer in 
avy articie has yet been acculed of this 
only trick reiating toe price, by which he 
cculd peilibly be benefitted. 
MisOnuETOR 
2p 
Zit 
——e ee 
For tie Monthly Magazine. 
CANTABRIGIANA. 
SO. MX Vil.-—HISTORKRY OF BENE’T COL- 
LEGE. iy 
KR Ki R. MASTERS, late Fellow of Be- 
a Yi net College, is the only writer who 
Cantabrigiana. 
has publifhed any thing like an attempt 
at a complete hiftory of a private college. 
He juftly obferves, <¢ It muft be no fmall 
reproach to learned focieties to be deficient 
herein. ‘hey cannet be ignorant of their 
foundations, without betng fiable: to: be 
cenlured; nor fuffer the memories of their 
benefactors to perifh, without betraying a 
want of due refpect and gratitude ; whilft 
yet, I fear, too many have been negligent 
in making this {mali return for their bene- 
volence.” . 
The feverity of thefe obfervations 
fhould, however, be tempered with the 
tellimony of a well-informed inquirer. 
* Gur regifters, ‘¢ fays be,” are fo imper- 
fe&, that, as far as I underftand tuch 
things, it is hardly poffible to give a per- 
fc account of any thing.” a 
Mr. Matters made his remarks, from 
adefire to excite others to undertakings 
fimilar to his own: and from the fame 
defire they are quoted here. Works of 
this kind are very ufeful, and require no 
extraordinary: genius or learning. In- 
duftry, fagacity, the poffeffion of fome 
good feelings, and a free accefs to the 
archives of a college, are thé requifites ; 
and te whom fheuld we look for thefe, t 
not to the Fellows of their refpedtive cal- 
leges? bes an 
XXVIiL—-A LETTER of QUEEN ELIZA- 
BETH’s, recommending @ WAFE to one 
of ber FAVOURITES. RT in 
There is in the Univerfity Library a fe- 
ries of Latin epittles, written by Queen 
Elizabeth ; fome of them on public affairs, 
others on buunefs of a more private na- 
ture. The following letter proves, that 
the Virgin Queen deeply interefted her- 
felf in the teaderef? concerns of her fa- 
vourites. : f Sa 
‘¢ Elizabet Dei Gratia, Sc. Nobili et in-= 
figni virtute pracditag Virgini Margarete 
Heyld, Amice notte ciariiime, Salutem, 
Egregia, quz de virtute é& integritate tua, 
tum etiam non vulgari in nos obfervantia, 
fama circumferter, facit, ut quanquam ocu- 
lis hatewus te nunquam afpeximus, tamen ~ 
familiariter hoc tempore tecum his literis 
agamus. Erit enim res, de qua fcribimus, 
non nobis exoptata magis, quam tibi ipfi, utt 
fperamus, felix et aufpicata. penne . 
‘* Eum qui has perfert, Robertum Colfhil- 
lum, virum ut genere fic animi virtute & 
fortitudine fumma confpicuum, penfionarium 
de farnilia noftra nobis charifimum, in Gere 
maniam hoc temipore ad certa noftra negotia 
non levis momenti expedienda mifimus. ~ Is 
ingenii forma, morum tuorum fama fic ac- 
cenditur, ut nihil effe poffit in amore arden- 
tius ; quod tibi etiam jamdiu multis rerum | 
netis notifimum efle conjeCtura auguramur, 
Nos 
