Send
L13,000,000 to Portugal, L22,000,000 to Spain, to be sealed up in
Spanish Actives, and Spanish Passives, and Spanish Deferred--and the
funds will fall of course. Send as you did, in 1836, millions to Ohio
for the construction of canals, and millions to Pensylvania, Illinois,
and Virginia for the same purpose, to be invested in bonds of those and
the other States, the borrowers of which sums set out with the
determination to turn public swindlers; and the funds will certainly
fall. Spend L100,000,000 in this manner, and it will lead to commercial
distress, but it will be otherwise when you come to spend your
L100,000,000 on the employment of your own distressed people in
productive labour."
6. Thirty years were to be allowed for the repayment of the loan.
"Sir," said Lord George, "I have heard it said, at different times, that
there is danger of an outbreak in Ireland. We have heard this story a
thousand times repeated, and as often refuted, 'that the starving
peasantry of Ireland are purchasing arms with which to commence an
outbreak in that country.' Sir, I do not believe one word of any such
representation. I can only express my great surprise that, with the
people starving by thousands--with such accounts as we have read during
the last two days, of ten dead bodies out of eleven found lying unburied
in one cabin; of seven putrid corpses in another; of dogs and swine
quarreling over, and fighting for the dead carcasses of Christians; of
the poor consigned coffinless to their graves, and denied the decencies
of Christian burial, that the price of the coffin saved might prolong
for a few days the sufferings of the dying, I, Sir, for one, _look with
amazement at the patience of the Irish people_.
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