And if we take all England through, it does not come up to that, nor anything like it. A farmer very sensibly observed to me yesterday that "if we had had such a crop and such a harvest a few years ago, good wheat would have been 50_l._ a load;" that is to say, 25_s._ a bushel! Nothing can be truer than this. And nothing can be clearer than that the present race of farmers, generally speaking, must be swept away by bankruptcy, if they do not, in time, make their bow, and retire. There are two descriptions of farmers, very distinct as to the effects which this change must naturally have on them. The word _farmer_ comes from the French, _fermier_, and signifies _renter_. Those only who rent, therefore, are, properly speaking, _farmers_. Those who till their own land are _yeomen_; and when I was a boy it was the common practice to call the former _farmers_ and the latter _yeoman-farmers_. These yeomen have, for the greater part, been swallowed up by the paper-system which has drawn such masses of money together. They have, by degrees, been _bought out_. Still there are some few left; and these, if not in debt, will stand their ground. But all the present race of mere renters must give way, in one manner or another. They must break, or drop their style greatly; even in the latter case, their rent must, very shortly, be diminished more than two-thirds. Then comes the _Landlord's turn_; and the sooner the better.--In the _Maidstone Gazette_ I find the following: "Prime beef was sold in Salisbury market, on Tuesday last, at 4_d._ per lb., and good joints of mutton at 3-1/2_d._; butter 11_d._ and 12_d._ per lb.--In the West of Cornwall, during the summer, pork has often been sold at 2-1/2_d._ per lb."--This is very true; and what can be better? How can Peel's Bill work in a more delightful manner? What nice "_general working of events_!" The country rag-merchants have now very little to do. They have _no discounts_. What they have out they _owe_: it is so much _debt_: and, of course, they become poorer and poorer, because they must, like a mortgager, have more and more to pay as prices fall. This is very good; for it will make them disgorge a part, at least, of what they have swallowed, during the years of high prices and depreciation. They are worked in this sort of way: the Tax-Collectors, the Excise-fellows, for instance, hold their sittings every six weeks, in certain towns about the country. They will receive the country rags, if the rag man can find, and will give, security for the due payment of his rags, when they arrive in London. For want of such security, or of some formality of the kind, there was a great bustle in a town in this county not many days ago. The Excise-fellow demanded sovereigns, or Bank of England notes. Precisely how the matter was finally settled I know not; but the reader will see that the Exciseman was only taking a proper precaution; for if the rags were not paid in London, the loss was his.