Champion (Newspaper) - April 7, 1816, London, Middlesex 170. THE CHAMP IO % - - - - - - - v - ' LBT MQT FORGET HER PRECEDENCE 6T NATIONS HOW TO 1816. 1 m i THE CHANGE FROM WAR TO the condition it is the interest of all classes that * e they should do not profess to discuss there The present situati on out internal affairs is one of J 3 v extraordinary in political at first appear to stultify reasonable and which almost bewilder That an exhausting with all its accompaniments of exorbitant excessive interrupted and extravagant should have lasted to an unparalleled duration consistently with a comparatively flourishing and healthy condition of the public a long and at last established on the securest should be succeeded by an almost instant depression of the agricultural and commercial and a pretty general cry of digress and ruin throughout the facts no less certain than they are apparently To the marvellous incongruity of the it will be that the present peace has operated just as every peace does has been productive of those sort of effects which are anticipated from come when it and hailed as the greatest blessings to be expected from its The present peace has brought with it a return of and a consequent reduction in the price of the necessary articles of life as it may it is no fiess from certain from the co-operation and of a great classes of the community are actually in danger of being ruined by and of starving in the midst of There always will we are well very numerous classes of in a very material in the protraction of a war we sincerely wish that the clamours of such persons were the only ones which are at present It is not our intention to plunge into the intricacies of this enormous which appears to have confused and startled political economists who have much more and talent than we can be supposed to bring to the It we to far as we are capable of a consolatory assurance of the remediable and temporary nature of the present that they confessedly originate in a superabundance beyond the demands of rather than in a defalcation of the agricultural produce of the We are aware that the exclusive encouragement of the and the rcHance in a great degree on importation for agricultural form a system which has many we still think it not an unimportant point to have that the country is capable of producing sufficient supplies for its own may thus secure itself from the necessity of a on the favourable dispositions of its That low prices may produce partial distress is easily accounted If the whole body of the nation merely existed in the character of moderate prices would evidently be advantageous to to that class of society who are little we apprehend the present peace has conveyed considerable alleviations of their But there must also be and and with other whose benefits from the diminished price of articles of their individual are mere feathers in the scale against the losses they incur from the reduced rale which they are constrained to sell their stock in trade or or To adjust matters equitably between these conflicting interests is the great To relieve the agriculturists without injustice to the consumers of their is the desirable for accomplishing which various plans are One fundamental unequivocal source of the present being the heavy pressure of which the war has called upon us to if a statement made in the House of Commons be according to the present setting aside the recent reduction of consumes nearly one half of the annual income of the most positive and efficacious are those which go directly to the reduction of this to the persevering zeal of the independent Members of and not to any disposition economy or relief on the part of the agricultural classes have been relieved of 16"millions of independent of the Income More will probably be necessary to be done to restore them to Priee lative expediency or adequacy of the tar ions measures on prohibition of and wo can imagine a temporary necessity for open to objection appears the plan of buying up the surplus produce which hangs upon the market of this to lay in public as a reserve for a period of greater scarcity we may not be of very distant if the grievances of the agriculturists are not met by some immediate The restoration of the currency of the country to some permanent is another measure it is admitted on all would be productive of the most serious Of one thing wc are can be more short more than the affectation of considering the complaints of as a distinct and imprudent set of scarcely more entitled to legislative assistance than any other body of suffering who talk in this way can possess scarcely enough of the combining faculty to trace the bread which they eat to the oven in which it was Corn is the staple commodity of the every individual in it has a direct interest in the cultivation of the The misfortunes of the manufacturer may affect particular classes in the prosperity of the all an immediate if a relief for their difficulties can only be accomplished at some little expence to the community at we before wc oppose to reflect that without this relief another harvest may see half the corn districts of the kingdom a desolate Repletion is a dangerous but it carries with it certain promising evidences of stamina and constitutional vigour which afford hopes of which we should seek in vain in a state of exhaustion and We arc anxious to protest against one inference being drawn from the present sombre of some features of our internal must not for a moment be said or thought that peace is not the most favourable state for the i the This denial we conceive to be a in the borne in of by the present state of superficial they may appear to countenance it. To establish such a it would first be necessary to show that abundance and low prices arc generally and scarcity and high ones generally advantageous to abstract proposition in spite of present we apprehend few will be bold enough to return to peace after formor wars has been attended by no such circumstances as the it has been pretty generally the most sensible persons who have considered the that it is distinctly to the and not to the that the calamities of the agriculturists are Jo be What but the war gave rise to that unbounded extension of the circulating medium of the which swelled prices to unnatural and the partial withdrawing of which at the time when the agriculturists were with grown at an enormous of course occasioned the sudden reverse under which they now suffer What but the war accumulated the load of taxes under the instant prices it was found impossible to 1'r-nce, it is was the puncture and proved the of the peace must come one time or the beneficial tendency of the system can only be maintained on the of an eternal duration of war it is we to say another word as to its War is necessarily attended with a gorgeous display of profusion and as shewy as it is often and which effectually keeps out of sight a large account of latent retrenchment and distress among the middling and lower ranks of The government is in fact going its to make up the supplies which cannot raised from the sacrifices of its it is constrained to have recourse to a fallacious system of the and making a figure debt of the To supply the demands of an enormous the Bank is permitted to extend its issues by substituting paper for Banks add to the mass of floating till the country is deluged with a flood of fictitious the cheapness of which of course proportionally enhances the value of all the articles of consumption which it has to The stimulus high prices induces the instead of hoarding his to embark them in extending his most sterile land is found worth the charges of an expensive the defraying of which easy supplies are raised of the paper medium which overruns the country in such At length the market is found to be corn is almost Fence the demand is Bankers nre ruined by failure of those to whom they had made advances on the faith of high corn growers are ruined by the ruin of the or by the want of con of those who remain The currency is prices of course fall as this rises in scarcity and labourer is starved as his employers are ruined grow but Ins employ or at best he finds himself constrained to sell his labour at more than a proportionable The pressure of taxes remains as it was during the exalted This is the picture which many of our present at the present all this system of and and and extraordinary is unknown in and is only the exigencies of wc as as that it is a system of extreme danger and disadvantage to the great mass of individuals in the the desirableness of peace in the as an habitual state for the we areas firmly convinced as any of those who were accustomed to clamour for upon any and under any who appeared to adopt the pacem hello will not run into this but we yield to none in a warm appreciation of the blessings of idea of protracting for the sake of war a matter of fiscal is too revolting to too repugnant to we to be openly maintained 5-and we arc the anxious to express our sentiments on this in order to avoid being confounded with a class of in concurring with us on the necessity of the war which is just have perhaps been as actuated by their admiration and taste for war in as by a conviction of the expediency of that war in that war we must always be of the same fully recognise its glory in its wc will for the sake of crediting our opinions on this affect for a moment to doubt that it is to the and the war that we are to ascribe the difficulties in which we are at present We induing he acting a very inconsistent it was our conviction of the necessary evils inseparable from the and our anxiety for a peace which should remove that urged us to approve of that exhausting concentration of the national we might most speedily put an end to the national We particularly to have consequences set down to their right that superficial observers of present should not our present peace as the parent of those from u co-operation of happen to have been most severely felt at the period of its We after revert to the argument gains strength from of only panacea which all state physicians are agreed in On this subject the country has every day more cause for triumph as long ns ministers are content to practice unwilling under the whips aud scourges of their ue care very little about their and shall feel no to quarrel with their reluctant until we see them assuming credit for doing what they Estimate has been brought ward for the no less a variation from than a reduction of 5?,Mi-tl.-involving a saving for the present year of 31,0211. When we sec that of this reduction is brought about by a late di that sixteen will answer every of the peace in England and Ireland as well as will do as as aides-de-camp as well as
