170.: trower to ricardo1[Answered by 171] - David Ricardo, The Works and Correspondence of David Ricardo, Vol. 7 Letters 1816-1818 
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.
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First published by Cambridge University Press in 1951. Copyright 1951, 1952, 1955, 1973 by the Royal Economic Society. This edition of The Works and Correspondence of David Ricardo is published by Liberty Fund, Inc., under license from the Royal Economic Society.
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trower to ricardo
[Answered by 171]
Unsted Wood—July 1—1816
My reply to your kind letter has been delayed longer than I intended, in consequence of my having been absent on a visit to my Brother, in Sussex—He has taken a very desirable place, in a very pretty Country, and is enjoying his retirement very much, as every man must do accustomed to the bustle and fatigue of our boisterous and profession.—
I do not hesitate to address this to you in London, not doubting, that both you and Mrs. Ricardo will easily frame many excuses for remaining in Brook Street, even during this lovely weather. The breaking up of Parliament however must shortly shame even you into the Country. It is necessary too for every man to be upon the spot to protect his property from pillage or destruction, as the senseless and mischievous spirit now abroad seems to threaten danger to all. A Gentleman, a neighbour of ours, has lately had a large Barn full of Corn and a Threshing Machine burnt to the ground, although he is a very popular and highly respectable man, the brother of Mr. Gooch the Member for Suffolk. — These are some of the lamentable effects of war, which I fear has made much more serious and lasting havock upon the morals than upon the pockets of the people. To repair these evils ought now to be, and I trust will be, the leading object of the Government, and of every individual of influence in the Country. In this view the School you have lately so benevolently established is a national good, and supported by your active superintendence must be of essential service in that manufacturing district.
I observe by the Paper Mr. Rose’s Bill for the Provident Institution will not pass this Session; what is the reason; as the extra alteration it has undergone has made it very useful? How goes the London Institution—what are your weekly receipts? Ours are progressive, but uncertain, and do not keep pace with my expectations, or perhaps I should rather say with my wishes.—
Have you seen Mr. Waylands Book on Population and Production, I here it is intended as a refutation of Malthus’ doctrines. I shall get it, as he is an able man, and the subject of the highest importance. It is a fortunate circumstance, that Mr. Malthus has not yet published the new edition of his work, as opportunity will now be afforded him of answering any arguments in Mr. Wayland’s book that may require observation —
I hope you are prosecuting your enquiries, and that your leisure hours in the Country will be devoted to embodying in some substantial publication your scattered thoughts upon the interesting question that has so long occupied your attention—
What think you of the Funds? How long a time will elapse before the Country recovers from its commercial difficulties. Although as yet there is no appearance of a change, I cannot think the gl[oom] will continue much longer—No doubt new channels for our trade are forming in which the current will run as strong and rapidly as formerly—
I lament the Usury Bill did not succeed. The quarter in which it originated was not sufficiently powerful, and the public prejudice is strong against it. I do not think that the general rate of interest would be much encreased if the maximum where withdrawn, but in a commercial country like this it would be highly advantageous to let it find its own level, and the restriction is a gross injustice to the capitalist. Adieu my Dear Ricardo. Mrs. Trower unites with me in kind regards to Mrs. Ricardo and family and I remain
Yrs very sincerely