| Description | [From a cursory perusal of the papers you sent me, I think many prudent regulations have been received upon, and from the known character of the subscribing parties, the ends proposed will be fully accomplished. I am grateful for the Share of Subscription you make me the offer of, but the money I can command is so completely engaged at present in Silk, that I am under the necessity of declining. Albion Mill goes on apace, and appears to attract the admiration of everybody. Mr. Watt sent me, a fortnight ago, a letter for Mr. Perier: the shares of his Water Works are carried infinitely above their value, and there is great jobbing in them. The Public are impatient to see how the Propositions will be treated in the Irish Parliament. Birmingham and Manchester exports will be greatly checked, by the new severe Edicts lately published in France.] |