OF THE DEBT, OF THE STOCKS, OF THE SINKING FUND, AND OF ALL THE OTHER TRICKS AND CON- In the course of this work, I have clearly expressed my opinions as to New-York: PUBLISHED BY JOHN DOYLE, No. 12, Liberty-strect. 1834. You, who are now First Lord of the Treasury, ought to understand the principles relating to money, that great instrument in the carrying on of human affairs; and, as it is my opinion, founded on various reasons, and particularly on that suggested by your recent speech on the Corn-Laws, that you do not understand those principles, I present this book to you as a teacher in this branch of knowledge, now so necessary to enable you to form a correct estimate of the nature and magnitude of the difficulties, with which you find yourself surrounded. In order to convince you that the book demands your attention, a bare statement of the following circumstances, out of which it arose, ought to be suffi cient. For seven years previous to 1810, I had contended, and, indeed, I had been repeatedly proving, that the paper-money was depreciated, and that it must, in the end, produce a convulsion in the country, unless prevented by a diminution of the Debt, and a return to payments in gold, always considering the latter as impossible without the former. On account of these opinions, I had to undergo the almost incessant abuse of the base press of London; and, indeed, of the whole country; and, which was a more serious matter, I had to undergo the consequences of the wrath of the people in power, including that of the far greater part of the Members of the two Houses of Parliament. At last, however, a |