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Front Page arrow Titles (by Subject) arrow 154.: trower to ricardo1[Reply to 147.—Answered by 156] - The Works and Correspondence of David Ricardo, Vol. 7 Letters 1816-1818

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154.: trower to ricardo1[Reply to 147.—Answered by 156] - David Ricardo, The Works and Correspondence of David Ricardo, Vol. 7 Letters 1816-1818 [1816]

Edition used:

The Works and Correspondence of David Ricardo, ed. Piero Sraffa with the Collaboration of M.H. Dobb (Indianapolis: Liberty Fund, 2005). Vol. 7 Letters 1816-1818.

Part of: The Works and Correspondence of David Ricardo, 11 vols (Sraffa ed.)

About Liberty Fund:

Liberty Fund, Inc. is a private, educational foundation established to encourage the study of the ideal of a society of free and responsible individuals.


154.

trower to ricardo1
[Reply to 147.—Answered by 156]

Dear Ricardo

Many thanks for your last kind letter. I had noticed with pleasure the part you took in the discussion at the Bank Court, and lamented the paper gave me so short an account of what you said. Follow up your blow. I long to see that proud presumptious city aristocracy humbled, and brought down to its proper level; and were I not withdrawn from the busy world I should like to fight with you, side by side, in so good a cause—It is beyond indurance to be refused an insight into the state of ones affairs, and to be told that duty demands the denial. How did Mr. Bouverie acquit himself; a brother of his is a neighbour of mine, and I was lately speaking with him on the subject—The inward quaking of which you complain, be assured is experienced more or less by almost every speaker, who addresses a public assembly; and I verily believe, that those who have not feeling sufficient to be so affected, are deficient in an essential requisite to public speaking. Practice and habit will, no doubt, by degrees wear away the impression, but its existence evinces a sensibility without which no man will address an assembly to any good purpose.—

I am rejoiced to find you are preparing to meet the public eye in another way. Be sure to send me a copy the instant it comes out.—You do right, I think, not to say much on the Bullion question, as standing by itself, but, of course you will take care not to pass it over in such a way as to lead its enemies to say you have abandoned it to its fate.—

What think you of the Savings Banks? If you can send me any information on the subject, pray do. I consider them as very important means, under good management, of improving both the condition and the morals of the poor. They would ultimately too go far to diminish the pressure of the Poors Rates, and would, I should hope, gradually supersede the Benefit Societies, to which I think there are some serious objections, although highly useful in many respects. I am collecting what information I can on the subject with a view of seeing whether on a small scale it will be practicable to establish one in this neighbourhood. But I am doubtful how far I may be able to rouse my neighbours to the exertions necessary to its successful establishment.—

I begin to look with interest to the meeting of Parliament. Many schemes are said to be in contemplation. But probably with little truth. An alteration in the Poor Laws, in the Tithes &. &. I trust Government will not be mad enough to touch the sinking fund. Let them have a little patience, wait for a year or two, and they may then draw upon it safely and advantageously; but to attempt it at present would be very mischievous—What think you of the probable prices of the Funds? Shall we have any more Loans? The Doctrines I preach upon the subject of the price of the produce of Land are very unpopular here, and occasion my neighbours to stare at me, now and then for an ass or a madman. However, I still hope no attempts will be made to bolster up the prices—The landed interest ought to look for relief not to an encrease of prices but to a decrease of charges on their estates, and this is what must eventually happen.—

Is it true, that I am to congratulate you on the marriage of another daughter?1 If so, I should rather condole with you, for the loss you will sustain. For how must the absence of two such daughters darken your whole house. Surely one’s children are the lamps that light us to our happiness; and their separation, is as the going down of the Sun, converting day into night.—

When do you return to London—I have heard strange tidings of your house in Brook Street, tumbling about your ears. Report is a lying jade, and I hope she’ll prove so in this instance, but I shall be anxious to find it contradicted by yourself, for it would be a most unpardonable neglect in your Surveyor, and a most serious inconvenience and expence to you. We shall probably go to Town for a few weeks after Easter, when I hope we shall frequently meet.

Mrs. Trower unites with me in kind remembrances to Mrs. Ricardo and your family and I remain Dear Ricardo

Yrs very Sincerely

Hutches Trower.

[1 ]Addressed: ‘To / David Ricardo Esqr / Gatcomb Park / Minchinhampton / Glocestershire’. London postmark, 22 Jan. 1816.—MS in R.P.

[1 ]Priscilla, who married Anthony Austin on 11 April 1816.