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Newspaper
London Evening Post
Location
London, Middlesex, United Kingdom
Date
May 17, 1774
Page
4
A Reflector critique argues against lowering legal interest rates to four and a half percent, warning it would undermine paper money, depress trade, and collapse land values. It asserts land prices rose with circulation, then would fall if debt cannot be funded, stressing that trade and real wealth come from commerce, not paper money. It cautions ministers against misreading the debt as wealth.
The author extolls a monarch who governs with justice and moderation, benediction of liberty, and a firm but fair code. The piece likens such a king to Trajan, Henry IV, and George I and II, praising the Brunswick line as worthy successors in virtue and policy.
Prices of stocks and annuities listed with fractional shares and rates. Includes Bank Annuities reduced to 86 and 1- gth, South Sea and India related annuities, various 4 percent bonds, and Navy and Victualling Bills with small premiums or discounts. Names of instruments indicate a volatile market reading from an old financial page.
Moreton questions the existence of murder appeal in colonies and Governor Johnstone asks if it extends to trials in England. Dunning defends the appeal as a pillar of conviction and warns against a sudden, dangerous precedent. Burke, Wallace, Stanley, Townspend, Cornwall, and Moreton debate the nature of the appeal, its place in English law, and its compatibility with colonial practice.
To be sold by auction at his stables near Hyde Park Turnpike on Monday the 23rd at twelve o'clock. Lot I a brown horse five years old by Match'em out of Curiosity, brother to Pantaloon. Lot II a bay horse five years old by King Herod dam by Tortose untried. Lot III a chestnut horse five years old by Pangloss dam by Goliah. Lot IV a chestnut horse by Grosvenor Arabian out of Eloisa. Lot V a grey gelding six years old by Whittle Jacket out of Mambrino's dam. Lot VI a grey gelding aged called Leicester, once bought at Mr Child's sale at Burford. one of his huntsmen's horses. Viewings and catalogs available three days before the sale.
News from the European theater includes the Dey of Algiers refusing to receive the British consul, Admiralty action to force news, plus a mass of parliamentary and courtly items. The piece covers ministerial reshuffles, the Duke of Richmond’s political stance, naval movements, crime anecdotes, theatre engagements, fires, and local misfortunes in a broad 18th century domestic and foreign affairs snapshot.
The Gazetteer reports a reader letter writer who signs as An Englishman. He defers the Gentleman and accepts acknowledgment of the receipt of his liberal labor. The text references a grant of funds amounting to pounds and notes a claim of gratitude.
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