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Front Page arrow Titles (by Subject) arrow 474.: mcculloch to ricardo2[Reply to 436 & 439.—Answered by 476] - The Works and Correspondence of David Ricardo, Vol. 9 Letters 1821-1823

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474.: mcculloch to ricardo2[Reply to 436 & 439.—Answered by 476] - David Ricardo, The Works and Correspondence of David Ricardo, Vol. 9 Letters 1821-1823 [1821]

Edition used:

The Works and Correspondence of David Ricardo, ed. Piero Sraffa with the Collaboration of M.H. Dobb (Indianapolis: Liberty Fund, 2005). Vol. 9 Letters 1821-1823.

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

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474.

mcculloch to ricardo2
[Reply to 436 & 439.—Answered by 476]

My Dear Sir

It was my intention, as it was my duty, to have written you long ere now to thank you for your kindness in favouring me with your opinion of Mr. Mushets Tables—I deferred dooing so at first untill I should have an opportunity of forwarding you a copy of an article on money I have written for the Supp to the E Brittannica—But owing to the endless delays incident to such publications it was only within these two days that I received spare copies of this Tract—I shall, by the first conveyance, send a copy of it addressed to you at your house in London, and I shall be happy to have your opinion of its execution—The theory is your own—

You would perhaps perceive from an advertisement inserted in the Scotsman, that I am again engaged in teaching a private class of Political Economy1 —But it is my intention, and indeed I have already made a commencement, to write a course of Lectures and to have a public class next session2 —Various motives induce me to engage in this undertaking—If once I had the Lectures written, it would be a comparatively easy task to polish and improve them, and I might thus be enabled to assist in disseminating the sound principles of the science and to make a little money without a great deal of trouble—In compiling a course of Lectures I must have for my object to be instructive rather than profound; and must dwell more on the useful and practical parts of the science than on those that involve in a theoretical discussion—I shall not, however, omit the latter; but in order to make my Lectures interesting I must enforce those points chiefly which will give me some hold of the sympathies of my auditors, and which they will most readily understand—I gave two introductory Discourses3 to my present class, and if it was not presuming too much on your goodness to desire you to read manuscript Lectures, I would send them to you when you come to London, and would feel extremely obliged by your opinion and advice respecting them and the conduct of my course in general. This is a matter of the greatest consequence to me: for owing to the fall in the value of land I scarcely get any thing for the little property belonging to me in the south of Scotland1 —Perhaps you could again spare me for a few weeks your Notes on Mr. Malthus last work; they would be of great use in treating of the laws regulating profits, and many other subjects, and they will be perfectly safe in my custody—You mentioned in one of the letters you have honoured me with that you had got a very able work on the subject of money written by a gentleman of Ilfracombe, but which was not intended for publication—Might I also ask you for a loan of this book2 —I should also like to know whether you are in possession of any information respecting the history of commerce and finance in Holland—This I am sure is a quarter from which much curious and valuable illustration might be derived—I have not been able to meet with any other works on such subjects in the latin or french languages, for I cannot read the german, except the Richesse de la Hollande and a Memorial presented to the Prince of Orange in 17503

You would be very well pleased to see the scrape into which the enemies of public liberty and of the freedom of the press in Scotland have got—Can you conceive anything more reprehensible than for the Lord Advocate, the person at the head of the government of Scotland and who exercises the functions of the Grand Juries in England, to become a private partner in a paper1 which carried its abuse of the very persons with whom his Lordship was daily associating to a much farther extent than the John Bull? If the House of Commons were what it ought to be his Lordship would not at present be in a very comfortable situation—There is an Article in the number of the Edinburgh Review just published on Scottish Juries2 which is deserving of your attention—It is written in a very moderate tone, but it states enough to satisfy every reasonable man that as Jury trial is now conducted in this part of the Empire, it is an engine of the grossest oppression and abuse—The Sheriffs here are not like the Sheriffs in England—they are all lawyers in the interest of the Crown and appointed only for their subserviency—These Sheriffs rake on, just as they think proper, all the persons capable of serving on any particular occasion as Jurymen, and from these persons the Judge picks a Jury! When such is the state of the law—when any person may be sent to Botany bay without even a chance of any thing like justice—you must admire our courage, or rather our foolhardiness in daring to oppose ministers in any thing they do—We would be all greatly delighted if when the subject comes to be discussed in the House, you would make a short speech declaring your opinion of this odious system—Perhaps you never took any notice of the articles in the Scotsman respecting the police of this city—It is, however, a very knavish business; and if you will look into the Scotsman1 before last you will perceive that the Lord President of the Court of Session, the highest Judge in this division of the Empire told a deputation of most respectable citizens, who waited on him by appointment that “he would rather their throats should be cut” than he should alter an opinion he had given!

But I have encroached too long on your valuable time; and shall, therefore, conclude with wishing you many joyous returns of this festive season, and with great respect and esteem I am My Dear Sir

Yours most faithfully

J. R. McCulloch

[2 ]Addressed: ‘David Ricardo Esq M.P. / Gatcomb Park / Minchinhampton / Gloucestershire’. MS in R.P.

[1 ]Political Economy.—Mr. J. R. McCulloch intends opening a Private Class, for Instruction in Political Economy on Tuesday, 20th November. 10. Buccleugh Place, 29. Oct. 1821.’ (Advt., Scotsman, 3 Nov. 1821.)—Mulloch gives an outline of his method of teaching to private classes in Discourse on the Rise...of Political Economy, 1824, pp. 109–10.

[2 ]See below, p. 272, n. 1.

[3 ]See below, p. 162.

[1 ]‘A small freehold estate called Auchengool, in the stewartry of Kirkcudbright’, which Mulloch had inherited from his grandfather. (Gentleman’s Magazine, Jan. 1865, p. 111.)

[2 ]See above, VIII, 337, n. 2.

[3 ]La Richesse de la Hollande, 2 vols., Amsterdam, 1778, attributed by McCulloch to Accarias de Serionne. Proposals made by His late Highness the Prince of Orange to their High Mightinesses the States General, and to the States of Holland and West Friezeland, for Redressing and Amending the Trade of the Republic, translated from the Dutch, London, 1751. (See Mulloch’s Literature of Political Economy, pp. 47 and 63, and his article ‘Rise, Progress, and Decline of Commerce in Holland’, Edinburgh Review, July 1830, Art. V.)

[1 ]The Beacon, a libellous Tory newspaper begun in January 1821 and discontinued in August of the same year when its secret subscribers, including William Rae (the Lord Advocate) and Walter Scott, withdrew their support after the disclosure of their names. For a Whig account of the affair see H. Cockburn, Memorials of his Time, Edinburgh, 1856, pp. 380–3; for a Tory account, J. G. Lockhart, Life of Scott, 1837, vol. v, pp. 152–5.

[2 ]Oct. 1821, Art. IX, ‘Nomination of Scottish Juries’ (by H. Cockburn; see his Memorials, p. 386).

[1 ]No. of 15 December.