Mist's Journal contains a paragraph, said to have been copied from a work, intituled, "The Lord knows what, by the Lord knows who;" which seems to place the South-Sea Stock in a true light: "I shall make a familiar simile, which every reader may carry in his mind without the help of figures, and which, I think, has a very near resemblance to the South-Sea scheme, as it has been executed: _viz._ A, having 100_l._ Stock in Trade, though pretty much in debt, gives it out to be worth 300_l._ on account of many privileges and advantages to which he is entitled. B, relying on his great wisdom and integrity, sues to be admitted a partner on those terms, and accordingly brings 300_l._ into the partnership. The trade being afterwards given out or discovered to be very improving, C comes in at 500_l._; and afterwards D, at 1100_l._; and the capital is then completed to 2000_l._ If the partnership had gone on no farther than A and B, then A had got and B had lost 100_l._; if it had stopt at C, A had got and C had lost 200_l._; and B had been as he was before. But D also coming in, A gains 400_l._ and B 200_l._ and C neither gains nor loses, but D loses 600_l._ Indeed, if A could show that the said capital was intrinsically worth 4,400_l._, there would be no harm done to D, and B and C would have been much obliged to him. But if the capital at first was worth but 100_l._ and increased only by the subsequent partnerships, it must then be acknowledged that B and C have been imposed on in their turns; and that unfortunate, thoughtless D pays the piper." I shall conclude my notices of the money-making schemes of 1720, with a beautiful invocation written by Mr. Philips: "O Eunomius (Earl Cowper), oraculous in thy speech! happy had it been for thy country if thy wisdom and integrity could have prevailed over the rashness of some, and the avarice of others! Hereafter may'st thou never speak in vain; and may thy counsels help to remedy those evils they might have prevented! may the King hasten his return to his deluded, abused subjects, and the Council of the Nation be speedily summoned for the redress of the land! In the mean time let us mutually bear with, and assist one another in our present necessities: and since we are as free, though not so rich, a people as we have been; and still claim, as our birthright, the liberty to debate, to speak, to write manfully for the public good; let us not be dejected like our neighbours, after whose inventions we have gone astray, not sorrow, even as others who have no hope.