As I have alluded to the paper system, I may as well, before I proceed to my promised story, mention one circumstance connected with it. To expose that system was always a favourite scheme with Mr. Cobbett, and he was now anxious to try the question with a country banker, to shew that, notwithstanding the Bank of England was protected against paying in specie, yet the country banks were liable to pay in gold. If you carried 50_l_. to the Bank of England of their notes, scribbled over with the lying formula "I promise to pay," instead of giving cash for them, they only give you other paper of "I promise to pay," in exchange. If you carried 50_l_. of country notes to the bank which had issued them, instead of giving you cash, they gave you Bank of England notes in exchange. Mr. Cobbett very much wished to have this question tried, and, at his request, I promised him that the first time I went into the country I would do it. Being at Bath soon afterwards, and having received, in payment of rent, some of Sir Benjamin Hobhouse's bank notes, I took my tenant with me to the Bank, and tendered twenty-six pounds worth of their notes, for which I demanded cash in payment. They refused to give it, and tendered in return twenty-six pounds in Bank of England paper. This I declined to receive, and persisted in my demand for cash. One of the partners was called; and, upon my peremptorily demanding payment in coin, he as peremptorily refused to pay it, and once more offered me Bank of England paper. This I again declined to take, assuring him, that if he did not pay me the amount in cash, I would bring an action against him for the debt, and compel him to do so. This then he treated with great levity, and I left his shop and the twenty-six pounds of bank notes together. I immediately went to an attorney in Bath, and instructed him to bring an action against the firm of Hobhouse and Co. for a debt of twenty-six pounds, to which I offered to make an affidavit. When I explained the circumstance, the Bath attorney declared that he would not act. I then applied to my own attorney in London, who politely declined the honour of conducting such a suit, as he very honestly said, that if he did conduct it, he must never expect to have another bill discounted, or any accommodation from one of these formidable country bankers. At length, after some difficulty, Mr. Cobbett procured me an attorney in London, who commenced an action against the firm of Hobhouse and Co.