BANKS BREAKING. I take the following from the MORNING CHRONICLE of the 11th instant. The subject is of great importance, and, therefore, worthy of particular attention. "We copied, the other day, from The West Briton, an account of the failure of the Mevagissey Bank, which had plunged the neighbourhood of Mevagissey and St. Austel in the deepest distress. We regret to state, that we have received information of the failure of another bank, in a city of the West of England, of which the transactions were very extensive, under circumstances that will, if our information be correct, excite much attention. The failure of any one banking establishment generally leads to the failure of others, and consequently is productive of the most extensive distress. As no man knows where the evil will stop, there is a general want of confidence, which exposes even solvent banks to very great danger. People who have money in banks feel disposed to withdraw it till the storm is over; the bankers, in turn, are obliged to call in their balances to meet the claims worth many times the amount of the debts, so that no ultimate loss was sustained by the public, we are warranted in demanding, in the name of the people of England, why they alone are thus to be exposed to a calamity which might with such ease be averted? The Scotch Banks are under no restriction with respect to number of partners, and hence, though the Scotch are more adventurous and speculative than the English, generally tasking their means to the utmost, commercial failures never af fect the banks, because they are founded on so broad a basis, as to resist every shock. Banking is one of those businesses which ought to be conducted on fixed principles, and hence the number of partners never can be too great for the efficiency of the business, while the greater the number of wealthy partners, the greater the security to the public against abuse, and the firmer the credit. But in this country every thing is sacrificed to the ruinous monopoly of the Bank of England, which, it has been proved by Mr. Ricardo, is not even useful to Government." This Chronicle is the best newspaper in London by far. It is conducted with the greatest degree of ability; the Editor's industry is very great, and always gives us something original; the principles inculcated, though sometimes erroneous, generally are on the side of justice and freedom; the style, on them; and thus on all hands distress and embarrassment are to be met with. The best digested projects are thus frequently overturned, and thousands, who have every reason to believe themselves in the best circumstances, are suddenly involved in ruin. Let us only only think of the amount of distress which must have though not always what we could been caused by the failure of the wish it, is never bad, and freCountry Banks in 1793, when, out quently worthy of admiration; the of 279, nearly one hundred stopt stock-jobbing system is, indeed, payment. At that time the whole upheld by this paper, but that is of Lancashire was convulsed, and common to all the London papers; thousands of manufacturers were en- so that this paper has, I believe, listed into the army in one day. more good and less bad qualities What dreadfül distress, too, took than any one to be found in Lonplace in consequence of the bank don. Yet, it has one very bad war! When we know that only one quality: it is incessantly endea-bank of any consequence ever stopt vouring to make the world believe, payment in Scotland, and that, as that all that is Scotch is better the partners were, even in that case, than what belongs to other coun. failures at conclusion of the late tries; and this is frequently car- book is to prove, that, according ried to such a length as to produce to the law of nature, according to real disgust even in those who are the opinions of the heathen phimost pleased with the paper in losophers, according to the docgeneral. Upon this point the trines contained in the Two TesEditor seems to be really infa-taments, according to the doctuated. His good sense seems trines of the fathers of the Chriswholly to abandon him whenever tian Church, according to the Scotland comes athwart his mind. canons of the Catholic Church, Justices of the peace, trial by according to repeated decisions of jury, poor-laws, all are bad, radi- the Popes and Councils, and accally bad, only because they have cording to the laws of the land, of them not in Scotland! all Christian countries, USURY, Nothing but a sort of "mental or money paid for the use of modelusion" like this could have ney, is held eld in abhorrence, and made a man drag in the "Scotch never was tolerated amongst Banks" upon this occasion; Christians till after the "Reformathings that would fall instantly, if tion." I said further, that I would the Bank of England, the old republish this book, (Price Two Mother, were to be at all shaken. Shillings and Sixpence,) and that The "monopoly" which is here it was the most interesting work represented as an evil, is the very that I had ever read in all my life. thing that sustains the system of I said that I would reprint it, if paper-money. But, this writer it were only for the sake of putting wholly misses the mark: banks a copy of it into the possession of break, because they have more each of my sons. I further said, bills out than they can pay. If that the risk of the publication these bills were not out, prices should rest with me, and that the would be lowered; and that is what is wanted to be avoided. We shall, in all likelihood, see byand-by a general crashing. There is every appearance of it. And, when that take place, we shall see that no Scotch recipe will save the horrid system. USURY. author should receive the whole of the profits. I had not seen him at the time, nor have I seen or heard from him since; but I should be very happy to see him, and hope I shall see him before it be long. In the mean time, I have printed a neat edition of the little book, which will be published at the same time that this present Register is published. It will be sold at No. 183, Fleet-street, and by all booksellers. I have requested Mr. Charles Clement, A few Registers back, I noticed that I was about to put to the press, a little work upon USURY, • which had been presented to me (at the shop) to keep an account by the author, Mr. O'CALLAGHAN, of the expense of paper and print, a Catholic Priest, who had pub- to charge these expenses against lished the book at New York. I the proceeds, and to pay the ba-observed, that I had not had the pleasure to see the author, he having left the book at my Office in Fleet-street. The object of the lance, whatever it may be, to the Rev. Mr. O'CALLAGHAN. I venture to say to my readers, that this is a book which ought to be put into the hands of every young man in Eng-meet the Reverend tithe-owner of land. It does infinite honour to - the author, and it cannot fail to - inspire the reader with that abhorrence of the vile traffic of moneychanging, which abhorrence is so necessary to be instilled into young minds in this, age of jobbing and of fraud. PROTESTANT "REFORMATION." his parish. He will see that the two and nine-pence in the pound, that enormous burden on the parishes in London, was a burden imposed in consequence of a thing called the " Reformation." -This little work of mine really appears to be something like the grain of mustard-seed. I observed in my last Register, that I had ordered the ten thousand copies to be augmented to fifteen thousand. I have now ordered another additional five thousand; and even that will not suffice. The first Number will be published IN FRENCH I perceive, that at a tithe-meetVing in St. Olives, parish, in the City, a Mr. Rolph said," That "it was not till the fourth century "after the introduction of Chris- at the same time that the second "tianity into this country that Number is published in English. "tithes were introduced, and when The paragraphs will be numbered "the original grants were made in in both French and English; so "the reigns of the early Kings of that, besides the convenience "England, it was expected that which the translation will give to "out of the 2s. and 9d. in the Frenchmen, the book will serve as "pound, then allowed to the a book of EXERCISES to ac"Clergy, one-third of it would be company my French Grammar. "devoted to the poor of the parish, The price will be the same in "another third to the repairing and French as it is in English. I said, "beautifying the parish church, in a late Register, that, in order " and the remainder to the benefit to contribute my part towards "of the Vicar. This was not the making the ill-treatment of the "use that Doctor Owen proposed Catholics of Ireland known to the "to make of his 2s. 9d. in the world, I would send a copy of the "pound, and therefore the parish- French edition to Paris, to be "ioners should be very careful printed there at my own expense, "how they paid so enormous a if no bookseller would undertake "rate. He did not wish to be it on his own account. I perceive "personal against Doctor Owen, that the Catholic Association pro"but he could only speak from pose to have an agent at Paris. I " appearances, and those appear- shall, therefore, now leave it to the "ances were certainly very much Association to have my work re" against the Rector. published at Paris, if they choose to do it. They are the best judges Mr. ROLPH, if he will read the next Number of the Protestant whether the work is worth this Reformation," will not talk thus at random another time. He will then see how parishes and tithes came to be in England, and when they came to be. He will have chapter and verse wherewith to trouble on their part or not. If they think it of sufficient importance to their cause, to direct it to be republished at Paris, they will have it done; and they can do it with much greater certainty, and more will work its way, and in the end it will stifle for ever the infernal cry of "No Popery." convenience than I can. Some shape whatever. These calumnies, copies will, I dare say, find their however, will have no effect. The way to Paris, and I dare say it will little "Protestant Reformation" be published there by somebody or other. I observed, in my last, that I had sent a copy of my first Number to Mr. MATHEW CAREY, of Philadelphia, and that I should continue to send him copies of the succeeding Numbers; but this is not to prevent the Association, if canting away in Ireland, and there they think proper to do it, from has finally been put forth a sort of sending copies to their friends in project for relieving Ireland by other parts of America. Several the means of establishing cottonmonths ago, I said in the Register, factories in that country. The that one great thing for the Ca- Bishop of Waterford has figured tholics of Ireland to do, was to away upon this occasion. They CROPPER'S QUACKERY. are mad altogether. They know no more of what they are talking about than any set of children in their Bible schools. The fact is, that they are become frightened half make their ill-treatment known to the whole world. I am happy to perceive that this is also the opinion of Mr. O'CONNELL and the Association, but I am, with Mr. O'CONNELL, of opinion, that out of their senses at the horrible nothing more is wanted, if we can spectacle which Ireland reprebut make that excellent descrip- sents. Daddy CROPPER tells them tion of persons, the middling class that England is prosperous. of the people of England, once clearly see the whole truth as to this matter. It is not at all surprising that the newspapers -under the dominion of the justice Fire-shovels should have fallen upon me on this oceasion with uncommon virulence. A blackguard of this description, in La Dorsetshire paper, has represented the Catholics as having applied tome, and represented me as having entered their service accordingly. All my readers know, that, for twenty years past, I have espoused the cause of the oppressed, the dog-like-treated Catholics of Ireland. The public well know that I have taken the lead in the great struggle that is now making; and that I have openly and most distinctly, disavowed and rejected every idea of reward or compensation in any He means that such fellows as he are prosperous. He does not say any thing about the men that have sets of harness upon them drawing gravel upon the highways in England. Not a word does he say about people that are starved to death in England, of which, we have proofs every day in our lives. His, in short, is a grand speculation to turn the miseries of Ireland to his profit; and, all that was wanting to make his quacking mission complete, was to have Bort-SMITH as a secretary. LIST OF FOREST AND FRUIT TREES, Locusts, White Oaks, Hickories (two years old), Black Walnuts, Chesnuts, Persimons, Wild Cherry. as the last, greenish mottled skin, yellow flesh, very fine flavour, and keeps well to the end of March. 28. The BELLFLOWER is a large, beautiful, and excellent Occidental Plane (from seed), apple for the dessert and for Honey Locust, Apple Trees, 23 sorts, and 1 sort of Pears. The price of the Forest-trees is 5s. a hundred for every sort; and if a thousand be taken (though the sorts be mixed), 4s. a hundred. The price of the Apple-trees 2s. under ten; 1s. 6d. after ten; and Is. after twenty. SORTS OF APPLES. cooking. It is of a pale but bright yellow colour; the cheek next the sun has sometimes a blush, but more frequently is without any red. The form is oblong, somewhat pointed at the blossom end; the ends are deeply indented. The flesh is rich, juicy, tender, and sprightly; it ripens late in October, and keeps well till February. From its beauty and excellence, it is the most popular apple in Philadelphia 1. DOMINA. A middle-sized market. The tree grows very Apple, deep red colour, a little large and spreading; it should be flat shaped at the ends, very full trimmed high, or the limbs will of juice and good flavour, and touch the ground when in. full keeps for a whole year if neces- hearing. sary. 29. The BARRACK APPLE (for 2. MATCHLESS. Of a lemon- Cider) takes its name from the colour, large, clear-skinned, rather circumstance of the original trees pointed at the blossom end, very having sprung up alongside of a fine flavour, but does not keep hay-barrack; that is, a shed with longer than Christmas. open sides, and a roof that is raised 3. VANDEVERE. Middle size, and lowered as occasion may rered skin, flesh deep yellow, form quire. It grows now on the farm that of an orange, keeps till of a Mr. SQUIRE, South Orange, March very well. 4. SPITZENBERG. Middle size, bright red skin, inside tinged with pink, of a tartish flavour, excellent for pies, keeps till April. 5. GOLDING. Large size, rich yellow colour, very fine flavour, and keeps well till April. New Jersey, who has planted out a pretty large orchard, the young trees of which are all engrafted from this excellent tree. The few graffs that I have of this sort, I bought of Mr. Squire; he cut them from the original tree. I could not induce him to cut me 6. RHODE ISLAND GREENING. any more; he would not cut his Large size, heavy, close texture, young trees on any account. The green skin, yellow flesh, very fine apple is smallish, about the size of flavour, and keeps well till March. a hen's egg or less; oblong form; 7. FALL-PIPPIN. Large size, red colour; rather more sweet than sometimes weighs a pound, yel- sour. Most excellent for Cider, lowish skin, yellow flesh, very fine for which purpose only it is cultiflavour, and keeps till Christmas. vated; mixed half and half with 8. NEWTOWN PIPPIN. Large the Harrison, the Cider is inferior |