the best intentions of the directors. But matters of charter and property are of so difficult and delicate a nature, that it is hard to say, whether any attempt to remedy this might not do more harm than good.

It is related, that Monsieur Colbert, Lewis the Fourteenth's very able minister of commerce and finance, and to whose memory France stands much indebted, called an assembly of the most eminent men in the French king's dominions in the commercial line, to whom he proposed the consideration, if any, and what advantages might accrue to commerce by the interference of Government. The unanimous answer of the assembly was, Laisser le faire, let it alone.

A new doctrine has been likewise attempted to be established in favour of the late India Bill, viz. That measures are not to be so fully and fairly canvassed as they ought, but are to rely and be supported by the responsibility of the proposer of them. The presumption and absurdity of such a proposition is too great to require an answer. The responsibility of the proposer often would not procure him ten pounds; and as to any thing sanguinary, God knows! the hazard is very, very trifling. Indeed, the persons who avowedly, first by denial of justice to America, plunged us into a war, and afterwards, by obstinately persevering in it, when experience had evinced the success was impracticable, and who by so doing have irretrievably (I fear) undone their country, enjoy in pomp and serenity, even to ostentation, the honours and lucrative employments heaped upon them. If justice is demanded for glory, for wealth, for dominion lost, they pay you with an ideal jest: if you want more, a ready vote of acquittal is at hand from a packt majority, united on the most sordid principles, to promote each other's advantage, in open and abandoned violation, on one part of the coalition, of the faith a thousand times pledged to bring delinquents to justice, who now are not only protected, but represented, with a falsehood and inconsistency that degrades human nature, as great, wise, and virtuous ministers, by those very men who not very many months stigmatized them as the base undoers of their country.

His Majesty has, however, been pleased to nominate a new ministry: they are young and untried: I wish them well; and my poor support shall be theirs, if they deserve it. I hope their real essential bond of union is at least less dangerous than that of their predecessors, viz. through violation of charters to obtain the plunder of India for themselves and adherents.

I should have thought a dissolution of Parliament necessary to have preceded, in order to procure any stability in the settlement of a new ministry. The reason offered against this measure was quite trifling, viz. the delay of public business; for the Parliament would have been dissolved, and a new one elected, in little more than the period of usual recess at this time of the year; which recess was not intended to have been shortened, if the late overthrow of the ministry had not taken place. Should the indecent interruption of every thing that does not promote their own continuance, still prevail in a majority of the House of Commons, the delay of public business will be well compensated by the facilities a new election will probably afford, and by the rapid progress of measures beneficial and necessary to the public that will take place hereafter, which, under the present jarring situation and equipoise of parties, cannot, in my poor opinion, ever be carried on with either certainty or dispatch.

But I still dread the continuance of the present distractions. The politics of St. James's have had ill luck for common, and, by some fatal ascendancy, have generally backwards trod the very paths