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576 Retrofpect of Domeftic LiteraturePolitics and Finance: 
general’; in which the Nature of the 
Britih Conftitution, the Government and 
its component Parts, and Eftablifhments, 
‘ &c. are freely, but briefly, confidered.”’ 
‘This is a well-written, and, we doubt not, 
a weil-intended pamphlet; but the au- 
thor’s {chemes of reformation are not like- 
ly to be made the fubject of experiment. 
A Leicefterfhire Freeholder has put to- 
gether fome ‘* Concife Thoughts on the 
Game-laws ; in which he has attempted 
to fhew what Part of them ought to be 
retained, and what repealed.”” In this 
pamphlet are feveral fuggeftions which 
merit attention. 
Mr. Penn’s ** Further Thoughts on 
the Prefent State of Public Opinion,” &c. 
are, we doubt not, delivered for the good 
of the public ; but the author’s ftyle is fo 
extremely confufed, that it is not very 
eafy to decypher his meaning. 
<¢ Political Effays on Popular Subjeéts.”” 
Thefe appear to be the ardent effufions of 
@ young writer, whofe knowledge is by 
no means commenturate with his zeal : 
Mr. Burke is his model; and we are 
afraid he has miftaken a turgid and bom- 
baftic ftyle, for a portion of his mafter’s 
infpiration. 
A Tranilation, we believe, has appear- 
ed of the prophetic pages, in which Sir 
Francis D’Ivernois has endeavoured to 
trace the ** Caufes which have led to the 
Ului pation, and will effe& the Downfall, 
of General Bonaparte.”” Here we have 
the fame difh of confolation fet before us 
of which we have fo repeatedly partaken : 
- — The French refources are once more ex- 
haufted, and Louis XVIII. muf? be feat- 
ed on the throne cf the Bourbons! The 
feer has been fo repeatedly deceived, as to 
the duration of theFrench Republic, that he 
is grown more wary in his oracular de- 
nunciations: we have no longer any defi- 
nite peried appointed for its exiftence, but 
merely a poftive affurance, that it par- 
takes of the perifhable character of all 
- fublunary things; that it cannot be im- 
mortal! Plutét or pluffard—convenient 
words !—-it muft be annihilated. ** The 
whole of the Knight’s fyftem (fays Mifs 
Williams, im her Sketches of the French 
Revolution) muft be unfounded, or fome 
of his various plans of counter-revolutions 
would furely have fucceeded: he is fo 
little fortunate in his political conjetures, 
that, by fome odd kind of fatality, the 
events take place, not orly unlike, but 
mof commonly in direé&t oppofition, to 
the predictions.?? She obferyes, that 
“¢ when Sir Francis made his laft calcula- 
tion, he certainly never counted on the 
S| 
poffibility of the reftoration of liberty in 
Italy ; nor did he conjeéture that the ar- 
my of the Danube in Bavaria would have 
inevitably prefented ‘itfelf before this time 
at the gates of Vienna, had not it been 
{topped by an armifiice.—The magician, 
it is to be hoped, will now break the 
wand that has fo ofien deceived him.. 
Two gentlemen of great refpefability, 
and well verfed in the {cience of finance, 
WALTER Boyp, Efq. and Sir Francis 
BaRinc, have commenced a paper-war, 
on the, fubject of Paper-money. The 
former, in ‘¢a Letter to the Right Hon. 
William Pitt, on the Influence of the 
Stoppage of Iffues in Specie at the Bank 
of England,’’ contends, that the high 
price of proviGons and other commodities 
is folely to be attributed to the ftoppage 
of payment at the Bank, and the permif- 
fion allowed it to iffue paper as a legal 
tender, The Bank, receiving money from 
Government, and iffuing paper to any 
amount, as a fubititute in the payment of 
dividends, the difcounting bills, &c. it is 
obvious that it may, if it pleafe, monopo- 
lize all the gold in the country :/it can 
loie nothing by the purchafe of any arti- 
cles, being able to fend a fabfitute for 
money, and not money itlelf, into the 
market: its loffes therefore are nominal, 
whilft its gains are real, The nature of 
‘this fubftitute fyftem, as it is called, hav- 
ing been fufficiently manifefted by the 
operation of paper-money in other coun- 
tries, Mr. Boyd contends, that the fubjeék 
of furprife is, not that the price of provi- 
fions fhould have been raifed to its pre- 
fent height, but that it has not increafed 
in a ten-fold ratio. . 
Sir Francis Baring, in his ‘* Obferva- . 
tions on the Publication of Walter Boyd, 
efq.”’ coutends, that the difference be. 
tween the average circulation of paper at 
the Bank, of three years, ending December, _ 
1795*, and the circulationon December 6, 
1300, amounting only to the fum of three - 
millions and a half, is far too trifling and 
infignificant to have produced the effects 
which Mr. Boyd attributes to it. The 
Baronet, however, notwithftanding he 
feems to have invalidated the arguments 
of his opponent, feems fuficiently aware 
of the dangerous confequences which na- 
turally flow from an unlimited circulation _ 
of paper-money ; for he propofes,in order 
.¥ The average circulation, according te 
the ftatements givenin by the Bank, of three 
years, ending Dec. 1795; was 11,97555731-5 
that ending on December 6, 1800, was 
35145997016 
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