The farmers--poor devils!--are entirely up the spout. I will admit that I am sorry for that; but my sorrow arises from no maudlin compassion for their misfortunes. You are aware that I never had any sympathy with things bucolic. I always considered the towns as the proper habitations for mankind, and have maintained the opinion that the sooner we could get rid of the country the better. What man of common sense cares one farthing for cows, or buttercups, or sheep? Are we in the nineteenth century to pin our faith to the Georgics, or to babble in senile imbecility about green fields? What care I about purling brooks? They may be useful for a dye-work, or as the means of motive power, but otherwise they are entirely superfluous; and we may thank those idiots, the poets--who, by the way, are perfectly useless, for not one of them pays Income Tax--for having created a false impression about them. I cordially agreed with Cobden, that the sooner we could lay Manchester side by side with the valley of the Mississippi, the better; and, had it not been for the obtuseness of those pig-headed scoundrels, the Yankees, who, forsooth, have got a crotchet in their heads about maintaining their own miserable industry, the job would have been done long ago. Had Jonathan acted by us fairly, as he was in honour bound to do--had he demolished his mills, blown out his furnaces, shut up his mines, and passed an Act of Congress to inflict the penalty of death upon any presumptuous loafer who should attempt to manufacture a single article in the United States, my life upon it that at the present moment we should have been driving a roaring trade! But the infatuated blockhead wont have our goods, and is actually heightening his tariffs to restrict their admission still further! The German ninny-hammers and pragmatical Spaniards are doing the same thing; and, in consequence, our whole anticipations have been violently frustrated. Perhaps you see now why I am sorry for the farmers. My regret is, that their power of purchase has decreased--that they can't buy from us as formerly--and that, in short, the home market is going to the mischief. Personally, I am connected with an exporting house; and yet I must acknowledge candidly that business is anything but brisk. We have overdone the thing in trying to get up an enormous increase of exportations; and the consequence is, that we have caused a glut in many of the foreign markets. It is not impossible that, before a healthy demand is restored, new competitors may step in, and our grand staple of calico, upon which the prosperity of Britain entirely depends, go down to a further discount. These are gloomy anticipations, but I cannot quite banish them from my mind. I look forward with considerable apprehension to the time when we shall fairly have eaten up the farmers. Of course, when that arrives, we must look out for another class to devour; and, according to my view, the Fundholder is the next in order. He will make