The Cormorant of Threadneedle Street (Classic Reprint)

The Cormorant of Threadneedle Street (Classic Reprint)

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Excerpt from The Cormorant of Threadneedle Street

On a subject of this nature it is to be expected that great diversity of opinions will arise upon almost every point that is touched upon; the reasons are that most of those who take up the subject argue from different bases or points; or in other words, that they form a judgment on what they perhaps have only superficially glanced at, or they blindly follow the opinions of men who have received great credit for committing what are now discovered to be most serious errors so far as the practice and result have shewn us.

It is to me a matter of little import whether my opinions are or are not accepted in my own time, but I feel perfectly sure that the deductions I have drawn, and now place before the reader in a plain and homely manner, will one day force themselves upon the reasoning powers of the then rulers.

Whatever may be the result of my labours my motives are totally disinterested and free from personality, I write under a strong conviction that I am just in my deductions and assertions, and have many times wished that I could find myself wrong that I might wipe the subject from my memory, I cannot do so, because day by day I see the effect being produced which my studies have told me must come so long as the cause is permitted to exist.

I ask the reader to start with me from certain given points as bases for my arguments, and to look upon them without being biassed by any recollection of the reiterated sentences to be found in the money articles of nearly every morning paper, these sentences evidently emanating from the same quarter, and which I have found to be totally erroneous.

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