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ful congratulations upon your elevation present their congratulations on your to the Episcopal See of Barbadoes and safe arrival in this island. We recog. the Leeward Islands, and upon your nize, with gratitude, the paternal care safe arrival in this part of your dio of his Majesty, in the appointment of

an episcopal authority to this valuable “We gratefully acknowledge it as a part of his dominions. We hail it as distinguished instance of our Sove a happy means afforded us of defeating reign's paternal care over his subjects the designs, and refuting the calumnies, in this remote part of his dominions, of our self-interested enemies; and from that he has been graciously pleased to the selection of a gentleman of your extend to us the benefits of a resident Lordship's bigh character and attainepiscopal establishment, and we hail, ments, to till this important and digniwith unfeigned satisfaction, your Lord- fied situation, we anticipate for our ship’s appointment as the commence country the incalculable benefits of an ment of a new era in the West Indies; active and conscientious discharge of when under your Lordship's zealous, the pastoral office. but prudent superintendence, we look “We assure your Lordship, that we for a more general diffusion of religion shall be ever found willing, in our among the various classes of our popu- legislative capacitics, to promote the lation, and for the ultimate attainment interests of religion, according to the of all those advantages which have doctrines and under the government of been contemplated from this measure the true church. While thus expressof christian benevolence.

ing their own feelings of respect and “ These confident anticipations are gratification, the Representative Body founded upon the concurrent testi are sensible that they only echo the mony of our friends in England, as to sentiments with which your Lordship's those moral and intellectual endow arrival has been welcomed by all ments which combine to form your classes of their constituents in this his Lordship's character; they are founded Majesty's most ancient and loyal also upon the signal proof you have Colony." given, by your acceptance of an office

By Order of the House, attended with so much toil and diffi

CHEESMAN Mor, cully, of that devotedness of heart to House of Assembly, Speaker. the good of others, which is an earnest March 8, 1825. of success in the cause in which you have engaged.

TRINIDAD. “ We beg leave to assure your Lordship of the faithful and zealous co-ope “We, His Majesty's dutiful and ration of the Clergy of this island, and loyal subjects, the Alcaides in Ordiof the respectful deference and atten nary, the Regidors, and Syndic Procution with which they will, at all times, rador General of the Cabildo of the receive such instructions as your Lord town of Port of Spain, beg leave to ship may judge proper to convey to approach your Lordship, to offer our them, in the administration of your unfeigned congratulations upon your diocese.

Lordship's safe arrival in this island; “ May the Almighty vouchsafe to and deeply impressed as we are with your Lordship his especial care and the importance of your Lordship's protection, endue you plenteously with sacred mission, we cannot but admire ihe gifts and graces of bis Spirit, and the noble sacrifice your Lordship has ever guide and support you in the dis made, in quitting the land of your charge of your episcopal functions." fathers, to become the head of the

Signed by all the Clergy of the Protestant Church in these islands. island.

“We regard your Lordship's installation to the See of Barbadoes as a pecu

liar mark of our gracious Sovereign's May it please your Lordship, paternal consideration for his faithful

“ It is with feelings of the sin- subjects in this portion of his domicerest satisfaction, that the House of nions. And it is with feelings of the Assembly approach your Lordship, to most lively interest we anticipate the

ADDRESS OF THE CABILDO.

ADDRESS OF THE HOUSE OF ASSEMBLY. 66

ADDRESS OF THE HOUSE OF ASSEMBLY.

manifold benefits which these colonies wishes that every happiness may cannot fail to receive from your Lord- attend your Lordship, and that you ship's pious labour in the cause of may hereafter enjoy the gratifying Christianity.

reflection, that your exertions in your “ That the Almighty may long guard important ministry have been conand protect your Lordship in health ducive to the welfare of your fellowamongst us, and that the arduous

creature, aud merit the approbation of duties your Lordship has been selected our benevolent Sovereign. by his Majesty to fulfil, may be (Signed) “Geo. Gun Munro, Presicrowned with success, is the fervent dent. P. T.; James Hoyes, prayer of those who bave now had the

Speuker of the Assembly."
honour to address your Lordship.
(Signed) “ James Cadett, First Al-

ST. VINCENT.
cade ; A. Pinto, Second Alcade;
Joseph Graham, P. R.; W. Ro-

“ My Lord,
berts, P.P; George Sherlock,

At a time when these Colonies Regidor; Jasper Lyon; C. Got; P. Almandoz; Henry

were oppressed by many evils, and

threatened with great danger, the Gloster, Proc. Synd.; Henry Murray, Dep. Su. Cab.

House of Assembly of St. Vincent received, with contidence and satis

faction, the information that His MaGRENADA.

jesty's Government had wisely deterADDRESS OF THE COUNCIL AND THE mined to extend the advantages and HOUSE OF ASSEMBLY.

blessings of an efficient and respon“May it please your Lordship, sible Church Establishment to the “We, the Members of His Majesty's

West Indies. The nomination of an Council, and the Representatives of eminent and learned Divine, as the the People of these islands, beg leave

head of that establishment, is a source to approach your Lordship with an

of additional satisfaction; and the expression of the sentiments with House looks forward with much conwhich we are impressed on the auspi fidence, under the wise and benevocious event of your Lordship's arrival lent pastoral superintendence of your in this colony, and to offer an un Lordship, to the increase of piety, the feigned tribute of that respect which improvement of morals,and the general is due to your sacred and exalted diffusion of religious knowledge. Tostation.

wards the attainment of such salutary “The most lively feelings of gratitude and vitally important ends, you will have been excited in our breasts always find the House of Assembly towards our gracious Sovereign, by and the people generally of this colony so estimable a proof of his paternal sincerely and heartily concurring. And regard for his subjects in this part of the House trusts that this great and his dominions, in the appointment of praiseworthy undertaking, on the a Prelate to superintend our religious part of our mother country, may be establishment; and we highly appre received as a pledge of the interest ciate His Majesty's wisdom in the which the Government and the unselection of a Divine whose virtues prejudiced portion of our fellow-suband learning so eminently qualify him jects in Britain still take in the proto discharge the duties of that mo sperity of the colonies. mentous trust.

“The House offers your Lordship a “Uoder your Lordship's fostering sincere welcome, and congratulates care, and through the influence of you on your arrival in this part of your pious example, we look forward your diocese. The House regrets, in with confidence to an extension of common with the inhabitants, that the blessings of our religion, and to your time will not permit of their the increase of morality amongst all offering other marks of the respect classes of this community.

they entertain for your Lordship, or “ We entreat that your Lordship will to evince their joy on the occasion of be pleased to accepi our most cordial the colony being honoured with the

VOL. VIII. NO. 1.

I

ADDRESS OF THE COUNCIL AND IXHA

BITANTS.

presence of the first Dignitary of the mation the Assembly of this island enterChurch of England by whom it was tain for your person and holy office. ever visited.

“ W. WHARTON RAWLINS, Speaker." “John DALELI, Speaker.Assembly Room, June, 1825.

ANGUILLA.
ST. KITT'S.
ADDRESS OF THE LOUSE OF ASSEMBLY.

“ May it please your Lordship, “ My Lord,

“ Impressed with the most sincere “ We, the Meinbers of the Com sentiments of loyalty and duty to our mons House of Assembly of St. Chris gracious Sovereign, and attachment topher, beg leave to approach your to our excellent constitution, and the Lordship with our warmest congratu established religion of the realm; We, lations upon your arrival at this island, the Lieutenant Governor, the Memand to assure your Lordship that we bers of the Council, and principal are animated with feelings of peculiar Inhabitants of the Island of Anguilla, gratitude to our beloved and gracious hail with joy the auspicious event of Sovereign, for the wise and salutary your Lordship's arrival in this colony, measure that has been adopted in in the firm conviction, that it is preestablishing an episcopal jurisdiction cursory to the extension of the blesswithin these colonies; and we appre ings of our religion, and the increase ciate most sensibly the Royal conside of morality and instruction in this litile ration in nominating to this high and community. important trust, a member of our holy “We will not damp the happiness religion, who is recognized, at once,

which the circumstance occasions, by as pious, zealous, and intelligent. the expression of the privations we

Misrepresented as we have been, have endured; but we will venture to in common with our sister colonies, as hope that this is an era from which our regards religious and moral instruc prospects will brighten, and look up tion, we will not venture to offer any to our beloved Monarch as to a father, opinior: in refutation thereof, other in whose affections we shall from this than what your Lordship shall pro time stand higher. We feel the visit nounce, upon a full and minute en of your Lordship as a mark the most quiry into all those establishments convincing of his paternal care, and which exist amongst us; and we anti the choice of the individual he has cipate, with pride and satisfaction, selected to perform the pious mission that we shall be found not to have confirms us in our sentiments. been unmindful of those christian “ Your Lordship finds us poor, and duties which we are enjoined, to the requiring all your pastoral care and best of our abilities, to perform. attention; but we beg to assure you,

“ We are, nevertheless, aware that that our limited mite shall be cheermuch, in addition, may be suggested fully contributed to the furtherance of by the enlightened mind of your Lord your benevolent object. ship, for the furtherance of religious “We entreat your Lordship’s acceptinstruction to that class of our popu-. ance of our cordial sentiments of relation, whose welfare and interest we spect, and our best wishes for your have, at all times, been most anxious welfare. to promote; and we shall receive your (Signed)" William Richardson, Lieut. Lordship’s recommendations, upon Governor ; Benjamin Gumbs, this important and interesting subject,

President ; Jacob Guinbs; Riwith peculiar gratification, disposed, chard Carty; Thomas Lake, as we are, to co-operate with your

Speaker; Benjamin G. Hodge; Lordship in effecting so desirable a Jonathan H. Hodge; J. D.

Ilobton ; John Richardson ; « We regret extremely that your Joseph P. Lake ; William Lordship's stay has not been longer, as Carly; J. Pennston; J. B. we should have been gratified to have Carty; Arthur lloyd; Benevinced to your Lordship the high esti jamin Derrick; Eleazer Lake."

measure

POLITICAL RETROSPECT.

COMMERCE. - Calamitous are the is scarcely passed. In 1792, the comevents in this department, which it merce of the country suffered much falls to our lot this month to record. privation : but then the cause was Confidence, the soul of commerce, apparent. We had before us an exseemed for a time to have utterly for- pensive war, and the minister called saken us. Mistrust and suspicion for new loans and taxes; our relations pervaded all ranks; each man dread- with Foreign Powers were either ining the result, sought to save his own terrupted or dissolved; and, while property from the general wreck, and Europe was convulsed from one end thus increased the danger and the to the other, it was uncertain who panic. The beautiful system of com

should be the Governor of one of its mercial credit, resting upon confi fairest provinces. Again, in 1797, dence, and built up and strengthened commercial credit was much shaken, by numerous and well-connected in and the 3 per cent. consols were as terests, cannot be injured in one of low as 46. The war had then spread its members without the whole per far and wide; with diminished receiving the injury; cannot be deranged sources we were called upon to inin one of its parts, but the whole crease our exertions; and yet the termust be affected. Most absurd and mination of the struggle could not be mischievous, then, it is to suppose, expected. Ireland, too, amidst the that public credit can be benefited general distress, exhibited symptoms by being attacked, can be purified of rebellion. The future historian by a convulsion. If, however, it must relate, that, in December, 1825, be supported by the wealth and never when the country enjoyed a profound failing productive powers of a people, peace; when her commercial relations though a storm may for a time suspend with Foreign Powers were uninterits operations, it cannot destroy its rupted; when new markets were energy: Great and extensive, in- opening for the produce of her capital deed, has been the ruin which has and industry,-he must relate, tlat been caused simply by the suspension then her commerce was suspended of credit. Many who possessed pro from the failure of credit : that bankperty far exceeding the amount of ing-houses in London, of undoubted their engagements, have been unable solvency, were teset by multitudes deto fulfil those engagements--and why? manding their deposits : that some Because no man could be trusted. of such establishments, though posWho could calculate the depreciation sessed of property far exceeding the of property ?--Who could say, that amount of their liabilities, were comhe could dispose of his pledge, and pelled to suspend their payments on so realize his capital advanced ? account of the impossibility of proThe capitalist and the borrower are curing advances on their securities, both injured by an interruption of however ample : that the bills of confidence; neither can profit by the merchants, of acknowledged credit, opportunities afforded him. If there could not be discounted: that the be any one, indeed, so weak as to Government securities were much imagine, that the affairs of society depressed in value : that sales of could be conducted without the inter merchandize in general could not vention of credit, he can have but be effected at any rate : that the little knowledge of the wants and alarm spread throughout the country, business of men. It is not too much disarranging commercial affairs, and to say, that, without credit-without that many country bankers were unconfidence, mankind would be a com able to sustain the great and unexmunity of savages, each a solitary pected demands made upon them. labourer for his own subsistence.

What, then, was the cause of this There are two periods in our his violent convulsion? This it will be tory which may be referred to, as in our endeavour to explain as concisely some respects similar to that which as possible. The interest of money

depends entirely upon the average clean linen. They were established rate of the profits of capital. In an no doubt on the assumption, that old and prosperous State like Eng- such things could be better managed land, the profits of capital are neces by clerks and servants, than by a numsarily small, comparatively speaking; ber of individuals, each entirely dein every branch of trade there is much pendent on his own conduct and competition, and in most of them exertions for success; - a manifest there is but little room for improve- absurdity. The amount of capital exment, so that additional capital is not pended upon these home projects is, required. It is evident, if the capa- perhaps, of not much importance in bilities of employing capital be not the general view we are taking; the increased, the profits of capital must majority of them are fast passing gradually diminish as the amount of away, exciting only our surprise, we capital increases; bence the interest do not say, that they were supported, of money will diminish. This has but that they were for a moment been the course of events in this coun tolerated. The remembrance of such try since it recovered from the de speculations is, however, in one rerangements caused by the late war. spect most painful. They created a On good security, money could easily spirit of gambling which was not conbe procured at 3% per cent. and some fined to its proper abode, the Stocktimes lower. Hence, then, oppor- Exchange, but which pervaded all tunities for more beneficial invest ranks of the community, from the ments were eagerly sought after by peer to the humblest commoner. The the capitalists. The New States of high and honourable character of a South America, having achieved their British merchant was sullied by parindependence, solicited loans to esta ticipation in illicit gain; the usual blish and confirm their power, and to routine of business naturally appeared develope their resources. Such loans fat and unprofitable compared with promised to afford about 9 per cent. the course which the folly of the peointerest. This opportunity was not ple rendered it easy to pursue. That allowed to pass,

and our capitalists ac " sabbathless” pursuit of wealth, with cordingly have advanced about twenty which we have been reproached, was millions of money to those States. no longer necessary; wealth was proAgain, the working of the gold and mised to, and seemed to be within the silver mines of America, which had been suspended during the struggle But the foregoing were not the only with the mother-country, and which means resorted to for the employment could not be resumed by the inde of capital. Many articles of compendents from their want of capital, merce became the objects of general seemed to offer beneficial employ- competition. Men, who possessed ment for surplus wealth. According no knowledge either as to the supply ly several millions have already been or demand, but who knew only that embarked in this speculation. But large fortunes had been gained by still our capitalists were not content similar speculations, rushed headlong with the opportunities which the New into the market. This was particularWorld afforded for the employment of ly the case with respect to wool and their wealth. To satisfy the craving cotton; but the same spirit prevailed of the public, new schemes were to a considerable extent with regard daily organized for the investment of to other articles. Such competition capital in projects at home. Docks naturally raised the price abroad; such were to be formed; bridges built ; a profuse and inconsiderate supply canals dug ;-rail-roads made;—as if lowered the price at home. Our imany profit could be derived by pro ports, too, exceeding our exports, we ducing that for which there was no had more to pay to foreign countries demand. But this was not all; our than we had to receive: the difference domestic economy was to be mate was of course to be paid in gold. rially benefited by Companies. By This added to the cost of the articles. them we were to be provided with un What then was the consequence ?adulterated bread, pure milk, and They who had speculated largely were

grasp of all.

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