What, then, is to be done to allay the present ferment, and tranquillise the country, when so rudely shaken by internal distress and external excitement? Are we to sit with our hands folded waiting till the tempest subsides? and if the present system is continued, is there any ground for believing it ever will subside? We answer, _decidedly not_. We must do something--and not a little, but a great deal. But what is required is not to augment the political power of the working classes, but to remove their grievances;--not to give them the government of the state, which they can exercise only to their own and the nation's ruin, but to place them in such a condition that they may no longer desire to govern it. This can be done only by abandoning the system of class government for the interest chiefly of the moneyed interests, and returning to the old system of general protective and national administration. The first thing which is indispensably necessary towards the restoration of confidence and enterprise in the moneyed classes, and consequent employment and happiness in the poor, is to repeal the Bank Charter Acts of 1844 and 1845; and in lieu thereof to establish such a system as may provide a _safe, sufficient, and equable_ circulation for the empire. Above all, it is necessary to establish a circulation which shall be capable of _expanding_, instead of _contracting_, as specie is drawn out of the country. This is the one thing needful. Till this is done, every attempt to alleviate the existing misery, in a durable way, will prove abortive. Nobody wants to have French assignats issued amongst us, or to have every insolvent who chooses to call himself a banker authorised to issue currency _ad libitum_, and substantially usurp the Queen's prerogative by coining worthless paper into doubtful money. But as little can the nation go on longer with our circulation based exclusively on gold coin, and liable to be contracted as that coin is drawn out of the country; thereby _doubling the evil_, by first inducing speculation when specie is plentiful, and then withdrawing the currency when it becomes scarce. Still less can this be borne, when a system of free-trade has been established amongst us which has enormously increased our importations, especially in articles of food and rude produce, for which experience proves nothing but cash will be taken by the holders; and which, in consequence, has induced a consequent _tendency outward_ in the precious metals, from which, if no corresponding increase in domestic circulation is permitted, nothing but contraction to credit stoppage to speculation, and ruin to industry is to be anticipated. Least of all can such a system of drawing in paper as the gold goes out, be endured when political circumstances have so much increased the demand for the precious metals in the neighbouring states; when the revolutions in France and Germany have at once rendered hoarding