It is not long, since the evil of stockjobbing was risen to such an enormous height, as to threaten great injury to every actual proprietor, particularly, to many widows and orphans, who, being bound to depend upon the funds for their whole subsistence, could not possibly retreat from the approaching danger. But this evil, after many unsuccessful attempts of the legislature to conquer it, was, like many others, at length subdued by its own violence; and the reputable stockbrokers seem now to have it in their power effectually to prevent its return, by not suffering the most distant approaches of it to take footing in their own practice, and by opposing every effort made for its recovery by the desperate sons of fortune, who, not having the courage of highwaymen take ’Change-alley rather than the road, because, though more injurious than highwaymen, they are less in danger of punishment by the loss either of liberty or life.
With respect to the other patrons, to whose encouragement these tables have been recommended, the proprietors of the publick funds, who are busy in the improvement of their fortunes, it is sufficient to say—that no motive can sanctify the accumulation of wealth, but an ardent desire to make the most honourable and virtuous use of it, by contributing to the support of good government, the increase of arts and industry, the rewards of genius and virtue, and the relief of wretchedness and want.
What good, what true, what fit we justly
call,
Let this be all our care—for
this is all;
To lay this treasure up, and hoard with
haste
What ev’ry day will want, and most
the last.
This done, the poorest can no wants endure;
And this not done, the richest must be
poor. POPE.
THOUGHTS ON THE CORONATION
OF HIS PRESENT MAJESTY,
KING GEORGE THE THIRD;
Or, reasons offered against confining the procession to the usual track, and pointing out others more commodious and proper. To which are prefixed, a plan of the different paths recommended, with the parts adjacent, and a sketch of the procession.—Most humbly submitted to consideration[1].
All pomp is instituted for the sake of the publick. A show without spectators can no longer be a show. Magnificence in obscurity is equally vain with a sundial in the grave.
As the wisdom of our ancestors has appointed a very splendid and ceremonious inauguration of our kings, their intention was, that they should receive their crown with such awful rites, as might for ever impress upon them a due sense of the duties which they were to take, when the happiness of nations is put into their hands; and that the people, as many as can possibly be witnesses to any single act, should openly acknowledge their sovereign by universal homage.
By the late method of conducting the coronation, all these purposes have been defeated. Our kings, with their train, have crept to the temple through obscure passages; and the crown has been worn out of sight of the people.