but that of positive loss, superadded to the increased danger of being overtaken by a crisis with a vast amount of capital locked up.
Since the former part of this article was written, another debate on the monetary policy of this country has taken place in the House of Commons. This latter debate, like the one before referred to, is indicative of the advance of sound opinions; and the house, it is obvious, will not, in future, be "frighted from its propriety" by a bugbear made up of a few empty phrases and a nickname or two. The following passages from the speech of Mr. Henley, are especially worthy of consideration :
"What was wanted by the country was (if he might use the phrase) a sort of small change. For what was the circulation of the country? It was not the 19,000,000 or 20,000,000 of bank notes, it was the countless millions of bills. These represented the capital and property of the country; the bank notes were merely that portion of it which enabled men to exchange the other masses of capital. He put it to the house, whether it was possible in such a matter as bank notes that they could take the hard and defined limit of £14,000,000, and say that that should be the exact quantity which the varying circumstances of the country neither more nor less, should want. When it was admitted that in some cases £100,000 more might save the country, would they say they would always adhere to it? Suppose it should please God to inflict another bad harvest upon us, was the government prepared to maintain this bill in all its stringency? With our granaries completely empty, with no prospect of corn for us (so far as we knew) abroad, the right honourable baronet looked forward to terrible times if it should please God not to give us a good harvest. Were the merchants and people of this country to be told that under no such circumstances would the bill be relaxed?
No human being could predicate what the harvest might be either here or abroad. This question must be an swered were the government to reserve the power in their hands to relax the bill if they should see cause, or were they prepared to stand by it under all circumstances? It had been stated by merchants in that house, that at that very moment their orders for corn were suspended because they could not negotiate their bills. The question was one from which they could not escape. The government must be prepared to look it fairly in the face."
With this quotation, we must leave the subject for the present. The question to be decided is, whether the existing monetary system is based upon sound and philosophical principles, or upon principles of an entirely opposite character. In bringing under the notice of our readers this question of the Currency, we are endeavouring to secure their support to measures of a beneficial tendency, and in the success of which the welfare-nay, the exist ence of our common country is involved. Unless we can secure employment for the masses of our population, daily and hourly increasing as it is, the British nation will share the fate of the nations of old. Her greatness will
pass away as a summer cloud. The struggle of class against class will go on, until some calamity shall arise more severe than any we have hitherto experienced, and all law and order may at once be at an end. In the discussion of the monetary question, there is no room for selfish agitation. They who engage in it can have but two objects, namely, to benefit the industrious classes, and to give stability and security to all property-security to the property of the rich, and a just and constant reward for labour to the poor.
Adair, A. S., the Winter of 1846-7 in Antrim, with Remarks on Out-door Relief and Colonization, reviewed, 501.
Adrian's Address to his Soul, translated by Philothacker, 264. Angling, a Chapter on, 748. Anthologia Hibernica, No. I., 239.; No. II., 624.
Architecture in Ireland, 693. Armytage, Philip, or the Blind Girl's Love, 675.
Ballantine, James, a Treatise on Paint-
ed Glass, &c., &c., reviewed, 131. Bentinck, Lord George, Speech in the
House of Commons, on moving for leave to bring in a Bill to stimulate the prompt and profitable Employ- ment of the people by the encourage- ment of Railways in Ireland, review- ed, 501.
Black, Charles Ingham, Two Sonnets written at Rydal, May, 1844, 27. Bourke, Richard Southwell, St. Peters- burgh and Moscow, a Visit to the Court of the Czar, reviewed, 251. Boyne, the Irish Rivers, No. V. Ar- ticle I., Introductory, 341; Article II., 764.
Bull Economical, the, by Harry Lorre- quer, 542.
Bunting, Edward-Our Portrait Gal- lery, No. XLI., 64.
Burschenschaft of Germany, Recollec- tions of the the Summer Commers at Neckarsteinach-the Legend of the Engel's Wiesse-Pagoda's Duel with the Suabian-Golden Time- the Sail Down the River-Wolfen- berg's Song-Schnabel and the Phil- lister-the Black Robber, 112.
Carleton, William, O'Sullivan's Love, a Legend of Edenmore. Chap. I.- Edenmore and its Inhabitants, 277; Chap. II.-The Cassidys and O'Sul- livans, 280; Chap. III.-The Ward of the Glen-Pure Love, 284; Chap. IV.-A Prophecy - Disappointment and Generosity, 289; Chap. V.-A Wedding and a Death, 429; Chap. VI.-Grave give up thy Dead, 434; Chap. VII.-Sunset on the Atlantic -Conclusion, 438.
VOL. XXIX.-No. 174.
Ellen Bawn, from the Irish, 630. Erck, J. C., LL.D., a Repertory of the Inrolment on the Patent Rolls of Chancery in Ireland, commencing with the Reign of James I., Vol. I., part I., reviewed, 314.
Famine, the, in the Land-What has been done, and what is to be done, 501. See Ireland.
Female Criminals, Remarkable-The Poisoners of the present Century, 51, 213.
Foray, the, of Con O'Donnell, 488. Forget-me-not, the, 359.
Free Trade and Currency Reform, 777. Funcheon, the Irish Rivers, No. IV., 175.
Gamle Norge, the National Song of Norway, from the Danish of Johan Nordahl Braun, by William Lander, 411.
Gandon, James, Architect, the Life of, with Original Notes of Contemporary Artists, &c., edited by the late T. Mulvany, Esq., R.H.A., reviewed,
Geijer, E. G., the Viking, translated by William Lander, 737. Geological Speculations, 447. German Grand-ducal City, a, by Harry Lorrequer, 541.
Goddard, S. A., A Letter to the Man- chester Chamber of Commerce upon Free Trade and the present Mone- tary Difficulties, reviewed, 777. Godley, John Robert, Letters from America, reviewed, 224.
Godley, John Robert, Observations on the Irish Poor Law, reviewed, 501. Gray, Mrs. James-Our Portrait Gal- lery, No. XLIII., 360. Guizot, 265.
Handbook, a, of Angling, teaching Fly- fishing, Trolling, Bottom-fishing, Salmon-fishing, &c., by Ephemera, reviewed, 748.
Head, Sir Francis, the Emigrant, re- viewed, 224.
Herculano, A., Historia de Portugal. Tom. I., reviewed, 143. Hochelaga, or England in the New World, edited by Eliot Warburton, Esq., reviewed, 224.
Homer's Hymn to Hermes, by Edward Kenealy, 296.
Humboldt's Kosmos, reviewed, 447. Hunt, Leigh, Wit and Humour, review- ed, 74.
Lament, the, of King Cormac, from the Irish, 626.
Lamentation of the Lady of Albany for her beloved, from the Irish, 631. Lass, the, of Carrick, from the Irish, 628.
Levinge, Captain R. G. A., Echoes from
the Backwoods, or Sketches of Trans- atlantic Life, reviewed, 224. Lionel Deerhurst, edited by the Coun- tess of Blessington, reviewed, 323. Love-Song, from the Irish, 248. Lytton, Sir E. B., Lucretia, or the Chil- dren of the Night, reviewed, 323.
Mac Daire Mac Bruaideadha, Panegy- ric of King Brian Boroihme, from the Irish, 624.
M'Grath, Andrew, Neither one Thing nor T'other, from the Irish, 244; Fare- well to the Maig, from the Irish, 246. M'Gregor, W. L., M.D., the History of the Sikhs, reviewed, 546.
Mackinnon, William Alexander, His-
tory of Civilization, reviewed, 126. A Maclise, Daniel, R. A. Our Portrait Gallery, No. XLV., 594. ads on wal M'Neile, Rev. Hugb, A.M.-Our Por- trait Gallery, No. XLIV., 462. gia Mangan, Clarence, Lines addressed to, 623. Tst to Measures for Ireland, 656. 1 Milnes, R. Monckton, Palm Leaves, re- viewed, 91.
Misconduct against Interest works/ Re-I form, 384.
Moore's Nora Creina, translated into Latin, by Philothacker, 264.
Murray, Robert, Ireland, its present Condition and future Prospects, in a Letter addressed to Sir Robert Peel, reviewed, 501.
Motherwell, William, Poems, reviewed, 584.
National Library for Ireland-The Ris- ing in '98, the Mercenary Informers of '98, the Life of Lord Edward Fitzgerald, the Life of Theobald Wolfe Tone, the Life of Daniel O'Connell, reviewed, 80. Neophytus, the Monk, a Tale of Monas- tic Life in Greece. Chap. I.-The Funeral of the Murdered Bishop, 561; Chap. II.-The Monk and the Soldier of Souli, 567; Chap. III. The Victim and his Executioners, 754; Chap. IV. The Destruction of the Monastery, 760.
Nichol, J. P., LL.D., Thoughts on some important points relating to the System of the World, reviewed, 447. O'Brien, James Thomas, D.D., Bishop of Ossory, Ferns, and Leighlin, Charge delivered in 1845, reviewed, 727.
Occult Sciences, the-Magic, 28. O'Donnell, Con, the Foray of, 488. O'Hanlon, Redmond, and the Quaker, 43.
O'Sullivan Bear, Keen on the Death of, from the Irish, 249. O'Tuomy, John, Pulse of the Bards, from the Irish, 240; the Boatman's Hymn, from the Irish, 242; Tuomy's Farewell to M'Grath, from the Irish, 627.
Our Portrait Gallery, No. XLI.—Ed- ward Bunting, 64; No. XLII.-Tho- mas Davis, 190; No. XLIII.-Mrs. James Gray, 360; No. XLIV.-Rev. Hugh M Neile, A.M., 462; No. XLV. Daniel Maclise, R.A., 594; No. XLVI.-The Right Honourable John Doherty, Chief Justice of the Common IN 80903 Pleas in Ireland, 740.
Pearl, the, of the Bosphorus, a Tale off the Phanar. Chap. The Greek Rayah and his family, 1;Chapa IL
The Messenger from the "Sacred Alliance," 4; Chap. III The Arme- nian and the Jew, 8; Chap. IV. The Visit of the Jew to the Pearl of the Bosphorus, 11; Chap. V. The Mid- night Excursion of the Armenian and its Results, 200; Chap. VI.-The Fate of the Three Hundred, 203; Chap. VII. The Last Interview, 206; Chap. VIII The Sale of the Prince's Corpse, 210.
Pellew, Right Hon. Dean-the Life and Correspondence of the Right Hon. Henry Addington, first Viscount Sid- mouth, reviewed, 372, 472. Philip Armytage, or the Blind Girl's Love, 675.
Poetry Two Sonnets, written at Ry- dal, May, 1844, by Charles Ingham Black, 27; Pulse of the Bards, from the Irish of John O'Tuomy, 240; the Boatman's Hymn, from the same, 242; Neither One Thing nor T'other, from the Irish of Andrew M'Grath, 244; Farewell to the Maig, from the same, 246; Love-Song, from the Irish, 248; Keen on the Death of O'Sullivan Bear, from the Irish, 249; Celia Connel- lan, from the Irish, 263; Moore's Nora Creina, translated into Latin, by Phi- Tothacker, 264; Adrian's Address to his Soul, translated by Philothacker, 264; Homer's Hymn to Hermes, by Edward Kenealy, 296; the Forget- me-not, 359; Gamle Norge, the Na- tional Song of Norway, from the Danish of J. N. Braun, by William Lander, 411; the Foray of Con O'Don- nell, A. D., 1495, 488; a Snowdrop, 559; to Clarence Mangan, 623; Pa-0 negyric of King Brian Boroihme, from the Irish of Tadhg Mac Daire Mac Bruaideadha, 624; the Lament of King Cormac, from the Irish, 626;0 Tuomy's Farewell to M'Grath, from the Irish, 627; the Lass of Carrick, from the Irish, 628; Ellen Bawn, from the Irish, 630; Lamentation of the Lady of Albany for her Beloved, from the Irish, 631; Welcome to the Prince, from the Irish, 633; the Viking, from the Swedish of E. G. Geijer, translat- ed by William Lander, Esq., 737; Odes from Horace, 783.
Poets, our Later, another Evening with -R. Monckton Milnes, 91; another Evening William Motherwell, and others, 573.
Poisoners, the, of the present Century, 51, 213.
Portuguese History, 143.
Public Calamities make Common Bur- thens, 141.
Rawlinson, Major H. C., the Persian Cuneiform Inscription at Behistun de- cyphered and translated, with a Me- moir, reviewed, 14.
Relief to Ireland, under the recent Ca- lamity, out of the General Funds of the State, no favour, but a matter of right, by virtue of the Union, review- ed, 501.
Reviews-The Persian Cuneiform In- scription at Behistun decyphered and translated, with a Memoir, by Major H. C. Rawlinson, C. B., 14; The Philosophy of Magic, Prodigies, and apparent Miracles, from the French of Eusebe Salverte, with Notes, &c., by Anthony Todd Thomson, M.D., 28; Wit and Humour, Selections from the English Poets, with an Illustra- tive Essay and Critical Comments, by Leigh Hunt, 74; The Rising in '98- The Mercenary Informers of '98-The Life of Lord Edward Fitzgerald- The Life of Theobald Wolfe Tone- The Life of Daniel O'Connell-form- ing part of the National Library for Ireland, 80; Palm Leaves, by R. Monckton Milnes, 91; History of Civilization, by William Alexander Mackinnon, M.P., 126; A Treatise on Painted Glass, &c., by James Bal lantine, 131; Christmas Books Dickens' Battle of Life-Mrs. Perkins' Ball, by Michael Angelo Titmarsh January Eve, by Mr. George Soane Partners for Life, by Camilla Toul- min My Own Annual-Christmas in the Olden Time, 140; Historia de Portugal, por M. Herculano, 143;I Hochelaga, or England in the New! World, edited by Eliot Warburton, I Esq., 224; The Emigrant, by Sir Francis Head, Bart., 224; Echoes from the Backwoods, or Sketches of Transatlantic Life, by Captain R. G. A. Levinge, 224; Letters from Ame- rica, by John Robert Godley, 224; St. Petersburg and Moscow-a Visit to the Court of the Czar, by Richard Southwell Bourke, Esq., 251; A Re- pertory of the Inrolment on the Patent Rolls of Chancery in Ireland, com- mencing with the Reign of James I., I edited by J. C. Erck, LL.D., 314; Lucretia, or the Children of the Night, by Sir Edward Bulwer Lytton, 323; Lionel Deerhurst, edited by the Coun- tess of Blessington, 323; The Life and Correspondence of the Right Hon. Henry Addington, first Viscount Sid- mouth, by the Right Hon. George Pellew, D.D., Dean of Norwich, 372, 472; The Early Life of Dante Ali- ghieri, translated by Joseph Garrow, Esq., 412, Kosmos by Humboldt, 447; Thoughts on some important Points relating to the System of the World, by J. P. Nichol, LL.D., 447; Sequel to the Vestiges of the Natural History of Creation, 447; The Win ter of 1846-7 in Antrim, by A. Shafto Adair, 501; Ireland, its present Con.
dition and future Prospects, by Ro- bert Murray, Esq., 501; Relief to Ireland no Favour, but a matter of Right, 501; Speech of the Right Hon. Lord George Bentinck, 501; Obser- vations on the Irish Poor Law, by J. R. Godley, Esq., 501; Letters on the State of Ireland, by the Earl of Rosse, 501; Extracts of Evidence taken by the late Commission of In- quiry, &c., with a Prefatory Letter by G. Poulett Scrope, M.P., 501; Self-supporting Colonization, by R. Torrens, Esq., 501; The History of the Sikhs, by W. L. M'Gregor, M.D., 546; The Doctor, 608; The Life of James Gandon, Esq., Architect, with original Notices of Contemporary Artists, &c., edited by the late T. Mulvany, Esq., R.H.A., 693; Charge delivered by James Thomas O'Brien, D.D., Bishop of Ossory, Ferns, and Leighlin, 1845, 727; A Handbook of Angling, teaching Fly-fishing, Trol- ling, Bottom-fishing, and Salmon-fish- ing, &c., by Ephemera, 748; A Let- ter to the Manchester Chamber of Commerce upon Free Trade and the present Monetary Difficulties, by S. A. Goddard, 777.
Salverte, Eusebe-The Philosophy of
Magic, Prodigies, and apparent Mi- racles, translated, with Notes by An- thony Todd Thomson, reviewed, 28. Scotland, the Criminal Jurisprudence of, 391.
Serope, G. Poulett, Extracts of Evi- dence taken by the late Commission of Inquiry into the Occupation of Land in Ireland, on the subject of Waste Land Reclamation, with a pre- fatory Letter to the Right Hon. Lord John Russell, reviewed, 501. Sequel to Vestiges of the Natural His- tory of Creation, reviewed, 447. Sidmouth, Lord, Life and Correspon- dence, by Dean Pellew, reviewed, 372, 472. Snowdrop, a, 559.
Talleyrand, Prince, Leaves from the Life of, 635, 709.
Torrens, R., Self-supporting Coloniza- tion-Ireland supported without Cost to the Imperial Treasury, reviewed,
Viking, the, from the Swedish of Geijer, by William Lander, Esq., 787.
Welcome to the Prince, from the Irish, 633.
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