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I wonder did Watteau ever try historical subjects? And as for Greuze, you know that his heads will fetch 1,000L., 1,500L., 2,000L. as much as a Sevres "cabaret" of Rose du Barri. If cost price is to be your criterion of worth, what shall we say to that little receipt for 10L. for the copyright of "Paradise Lost," which used to hang in old Mr. Rogers's room?
The coal of Pennsylvania the iron in various parts of the Union the copper of Lake Superior the lead about Galena on the Mississippi; and lastly, the gold of California, which has already put in circulation a coinage of 15,000,000l. sterling all these are but the first tapping of almost boundless resources. "In 1791, the public debt of the United States was $75,000,000.
Drinkwater has thus the satisfaction of knowing that his neighbour, Lord Inchiquin, who has commenced improvements on his own account, has obtained 8,000l. at 1 per cent., while he pays 5 upon the large sum employed on the Clare Slob Reclamation; a state of things greatly enjoyed here as turning the laugh against "the Saxon." Being sceptical about the "slob," I went to see it.
The spot chosen was near a run of fresh water, which stole silently through a very thick wood, the stillness of which was then for the first time interrupted by the rude sound of the labourer's axe; and fifty years afterwards so great a change had taken place here, that the lowest price of crown land was then 1,000l. an acre, and in eligible situations sometimes a great deal more.
Bread riots and agrarian disturbances grew common, and the Government met them with rather more than becoming sternness, instead of dealing promptly with the land-tenure system which lay at the root of so much of the misery. At the beginning of the session of 1847 it was stated that 10,000,000l. would be required to meet the exigencies of the situation.
13th. Captain Cocke says be hath computed that the rents of the houses lost this fire in the City comes to 600,000l. per annum; that this will make the Parliament more quiet than otherwise they would have been, and give the King a more ready supply; that the supply must be by excise, as it is in Holland; that the Parliament will see it necessary to carry on the war; that the late storm hindered our beating the Dutch fleet, who were gone out only to satisfy the people, having no business to do but to avoid us; that the French, as late in the year as it is, are coming; that the Dutch are really in bad condition, but that this unhappiness of ours do give them heart: that there was a late difference between my Lord Arlington and Sir W. Coventry about neglect in the latter to send away an express of the other's in time; that it come before the King, and the Duke of York concerned himself in it; but this fire hath stopped it.
The stage road from Douglas to Lillovet is described as complete, and that from Lillovet to Alexandria as in progress, as also the machinery of a stern-wheel steamboat for the water communication between Alexandria and Tete Jaune Cache. The road communication between Tete Jaune Cache and Edmonton is represented as the only necessary work beyond Alexandria, and may be opened for 50,000l.
The Bengal ryot knows nothing of the most ordinary comforts of life. We speak without exaggeration when we affirm, that if the real condition of those who raise the harvest, which yields between 3,000,000l. and 4,000,000l. a-year, was fully known, it would make the ears of one who heard thereof tingle.
And in fact it does not appear that any account whatsoever of the disposition of the said large sum, exceeding 160,000l. sterling a year, has been laid before the board, or at least that any such account has been transmitted to the Court of Directors; and it is not fitting that any British servant of the Company should have the management of any public money, much less of so great a sum, without a public well-vouched account of the specific expenditure thereof.
Then there was another great business about our signing of certificates to the Exchequer for goods upon the 1,250,000l. Act; which the Commissioners of the Treasury did all oppose, and to the laying fault upon us.
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