Publisher's Synopsis
Excerpt from A Complete Collection of the Protests of the Lords, 1826-1874, Vol. 3: With Historical Introductions
With such a statement of the nature of the calamity thus solemnly laid before the public, I must think they had a right to expect that Parliament would devise some immediate remedy for the evil to which it was held to be competent to administer a corrective - and that it would at least abstain from encouraging that portion of the evil the remedy for which had been described as beyond the reach of its interposition.
I cannot therefore help anticipating the fatal effects of the disappointment which in this moment of alarm must ensue, when the public learn that to that part of the evil which Parliament is said to have the power of correcting they have selected a remedy which, at the expense of great immediate evil, is to take place three years hence; whilst they have altered the law with the avowed intention of encouraging the immediate recurrence of that portion of the evil beyond the reach of their interposition, by the establishment of joint stock banking companies throughout this Kingdom.
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