‘My dear Sir,—You have applied to a very incompetent person for
political consolation in addressing me, an old notorious alarmist
who has long seen evils approaching even worse than those which
have already arrived. I wish anything had happened to convince me
that my mental eyes had been as short-sighted as those in my head.
But, alas! things are going on everywhere from bad to worse. My
foolish countrymen, nay, worse, the wicked and incurable democrats
who inhabit the same island, so far from being cured by the savage
cruelties and universal misery brought about in France by the
Revolution and the treatment of other countries which she has
conquered and even fraternised with, still long for a revolution
here, without even wishing to avert any of the evils which have
happened elsewhere, from the diabolical character and principles
of her inhabitants! I have seen that a wish to break the Bank has
long been formed, and I even have been advised to get all the cash
I could for my notes if I had any; and the person who advised this
measure, who had never been at the Bank before in his life, and
was forced to inquire his way thither, had been bullying the
harassed clerks to give him cash for a forty-pound note, for no
other purpose than to lock it up. Seven millions of guineas were
issued for notes in one week! Of this sum 300,000_l._, it is said,
were for notes presented by the English Santerre. A banker from
Norwich had collected notes to the amount of 400,000_l._, with
which he came post to London in the same seraphic hope of breaking
the Bank; but unluckily for his benevolent plan, the further
issuing of cash had been stopped the night before his arrival. The
favourite Jacobin plan at present is to make this nation and all
Europe believe that we are really in a state of bankruptcy, and
that the notes now in circulation will be soon of as little value
as French assignats, reporting every day that they are at a very
considerable discount, which God forbid should ever happen. For my
own part, I would starve myself to death sooner than buy, even
food, by the parting with a bank note for a farthing less value
than it has hitherto had. But the poor Duke of Bedford, Mr. Cooke,
the dissenting manufacturers, &c., are so distressed for want of
cash to pay their workmen, that they are _obliged_ to dismiss
them. And this, to be sure, is not done with an intention of
throwing all the blame upon Government and making furious rebels
of all the persons discharged. Everything is seen and represented
in the blackest colours—the French always right and the
Administration wrong. For if opposition should ever be obliged to
allow the present ministry to be right, why change it? And down
they must pull every person and thing above them, even if, like
Samson, they are crushed in the ruins, which I have not the least
doubt will be the case if ever the revolution they seem so
Public-domain text, read in full here on John Shaqi.
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