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Chapter II: Front Matter (2)

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The result of this letter--which is remarkable, by the way, for its mention of the licenser--was that the House of Lords issued an edict to forbid any such publications except with the license of one or both Houses of Parliament, and with the name of the author, printer, and licenser attached. The penalties for any evasion of this enactment were, for the writer, a fine of forty shillings or imprisonment for forty days; for the printer, half that punishment, and the destruction of his press and plant as well, and for the vendor a sound whipping and the confiscation of his wares. A second instance of parliamentary interference took place in the same year, when a committee was appointed for the purpose of discovering and punishing every one connected with the publication of certain _Mercuries_. The licensing system continued in force, but was not made much use of, although the scurrilities of the press roused the Parliament every now and then into spasmodic efforts of repression. In addition to measures of this kind, Nedham's paper, from its official character, was doubtless looked upon by the legislature as a sort of antidote to the poison diffused by other journalists. This came out twice a week, on Mondays under the name of _The Public Intelligencer_, and on Thursdays under that of _Mercurius Politicus_. When Nedham fell into disgrace at the Restoration, his paper was placed by Parliament in other hands, and the Monday title changed to that of _The Parliamentary Intelligencer_, though that of the Thursday's issue remained unaltered. The powers of the licenser were now much more strictly exercised, and the _Mercuries_ gave up the ghost in shoals. In 1662 an act was passed 'for preventing the frequent abuses in printing seditious, treasonable, and unlicensed books and pamphlets, and for regulating of printing and printing presses.' It also divided the duties of the licenser, and the supervision of newspapers passed into the hands of the Secretary of State. Ireland was not slow to follow England's example, for, in Lord Mountmorris's 'History of the Irish Parliament,' mention is made in 1662 'of a very extraordinary question' which 'arose about preventing the publication of the debates of the Irish Parliament in an English newspaper called _The Intelligencer_, and a letter was written from the Speaker to Sir Edward Nicholas, the English Secretary of State, to prevent these publications in those diurnalls, as they call them.' In 1661, _The Parliamentary Intelligencer_ was turned into _The Kingdom's Intelligencer_, and this last appellation was again changed for that of _The Public Intelligencer_ in 1663. The celebrated Roger L'Estrange, who was then the public licenser, was the editor of this paper, as also of an extra Thursday issue called _The News_. In the first number of this old friend with a new face, he says, among other pros and cons as to the desirability of a newspaper:

'Supposing the press in order, the people in their right wits, and
news or no news to be the question, a public _Mercury_ should never
have my vote, because I think it makes the multitude too familiar
with the actions and counsels of their superiors, too pragmatical
and censorious, and gives them not only an itch, but a kind of
colorable right and license.... A gazette is none of the worst ways
of address to the genius and humor of the common people, whose
affections are much more capable of being turned and wrought upon
by convenient hints and touches in the shape and air of a pamphlet
than by the strongest reason and best notions imaginable under any
other and more sober form whatsoever.... So that upon the main I
perceive the thing requisite (for aught I can see yet). Once a week
may do the business, for I intend to utter my news by weight, not
by measure. Yet if I shall find, when my hand is in, and after the
planting and securing of my correspondents, that the matter will
fairly furnish more, without either uncertainty, repetition, or
impertinence, I shall keep myself free to double at pleasure. One
book a week may be expected, however, to be published every
Thursday, and finished upon the Tuesday night, leaving Wednesday
entire for the printing of it.'

The Newspaper was evidently developing itself--correspondents were a new feature--but still it was very tardy and very far from being free. Fancy a newspaper in the present day with no news more recent than that of the day before yesterday! In 1663 the title of _Public Intelligencer_ was exchanged for that of _The Oxford Gazette_, so called because the court had gone to Oxford on account of the plague. After the court's return to the metropolis, _London_ was substituted, in 1666, for _Oxford_, and from that date to the present this, the first official or semi-official organ, has gone by the name of _The London Gazette_. The king caused an edition of it to be published in French, for the convenience, probably, of his accommodating banker, Louis the Fourteenth, and this edition continued to appear for about twenty years.

Charles the Second was an unsparing and unscrupulous foe to the press, and put in practice every possible form of oppression in order to crush it. One's blood boils at the perusal of the persecutions to which the struggling apostles of freedom of speech were subjected, so that the contempt which this miserable 'king of shreds and patches' inspires in other respects wellnigh changes into positive hatred. But despite of fine and imprisonment, scourge and pillory, the press toiled on steadily toward its glorious goal. The Newspaper began to assume--as far as its contents were concerned--the appearance which it wears at the present day. Straggling advertisements had long ago appeared, the first on record being one offering a reward for the recovery of two horses that had been stolen. This appeared in the first number of the _Impartial Intelligencer_, in 1648. Booksellers and the proprietors of quack medicines were among the earliest persons to discover the advantages of advertising, and in 1657 came out the _Public Advertiser_, which consisted almost entirely of advertisements. The following curious notification appeared in the _Mercurius Politicus_, of September 30, 1658:

'That excellent and by all Physicians approved _China_ Drink,
called by the _Chineans, Tcha_, by other Nations _Tay_, alias
_Tee_, is sold at the _Sultaness' Head Cophee House_, in
_Sweeting's_ Rents, by the Royal Exchange, _London_.'

The earliest illustrated paper is _Mercurius Civicus, London's Intelligencer_, in 1643. The first commercial newspaper was a venture of L'Estrange's in 1675, and was styled _The City Mercury, or Advertisements concerning Trade_. The first literary paper issued from the press in 1680, under the denomination of _Mercurius Librarius, or a Faithful Account of all Books and Pamphlets_. The first sporting paper was _The Jockey's Intelligencer, or Weekly Advertisements of Horses and Second-hand Coaches to be Bought or Sold_, in 1683. The first medical paper, _Observations on the Weekly Bill, from July 27 to August 3, with Directions how to avoid the Dis eases now prevalent_, came out in 1686; and the first comic newspaper, _The Merrie Mercury_, in 1700. Notwithstanding these 'first appearances on any stage,' there never was a darker or more dismal period in the history of journalism. A great number of newspapers had sprung up in consequence of the Popish Plot, and the exclusion of the Duke of York--the respectable admiralty clerk of Macaulay--from the throne; and with the intention of sweeping these away, a royal 'proclamation for suppressing the printing and publishing unlicensed news books and pamphlets of news' was put forth in 1680. Vigorous action against recalcitrants followed, and with such pliant tools as those perjured wretches, Scroggs and Jeffreys, for judge and prosecutor, convictions and the 'extremest punishment of the law' became a foregone conclusion. Doubtless there were many vile scribblers who deserved to have the severest penalties inflicted upon them, but no discrimination was used, and good and bad alike experienced the vengeance of 'divine right.' The aim of the abandoned monarch and his advisers was manifestly total extermination, and journalism appeared to be at its last gasp. But though crushed and mutilated in every limb, and bleeding at every pore, faint respirations every now and then showed that the vital spark still lingered. But brighter days were at hand. That festering mass of mental and bodily corruption which had once worn a crown, was buried away out of the sight of indignant humanity, and the vacillating James with feeble steps mounted the tottering throne. The licensing act had expired in 1679, and had not been again renewed, for there were no newspapers to license. Upon the alarm of Monmouth's invasion, James renewed it temporarily for seven years. Journalism reared its head again, and the court party, instead of persecuting, found itself compelled to fawn and flatter and sue for its protection and support. Newspapers, both native and imported from Holland in large numbers, played an important part in the Revolution, and paved the way for the downfall of the Stuarts and the advent of William and the Protestant Succession.

It must not be supposed that the capital had possessed a monopoly of newspapers during all this period. Scotland appeared in the field with a _Mercurius Politicus_, published at Leith in 1653. This, however, was nothing but a reprint of a London news sheet, and probably owed its existence to the presence of Cromwell's soldiers. In 1654 it removed to Edinburgh, and in 1660 changed its denomination to _Mercurius Publicus_. On the last day of this year, too, a journal of native growth budded forth, with the title of _Mercurius Caledonius_. But the canny Scots either could not or would not spare their bawbees for the encouragement of such ephemeral literature, for Chalmers tells us that only ten numbers of this publication appeared, and they were 'very loyal, very illiterate, and very affected.' Dublin appears to have produced a _Dublin News Letter_ in 1685, but little is known about it, and its very existence has been disputed. There were other sheets with Scotch and Irish titles, but they were all printed in London. With 1688 a new era dawned upon the press--the most promising it had yet seen--and newspapers gradually sprang up all over the kingdom.

The first that came out in the interests of the new Government were the _Orange Intelligencer_ and the _Orange Gazette_. The opponents of the ministry also started organs of their own, and the paper warfare went gayly on, but with more decency and courtesy than heretofore. William did not show himself disposed to hamper the press in any way, but Parliament, in 1694, proved its hostility by an ordinance 'that no news-letter writers do, in their letters or other papers that they disperse, presume to intermeddle with the debates or other proceedings of this House.' This was only a momentary ebullition of spleen. The licensing act, which expired in 1692, had been renewed for one year, but at the end of that period disappeared forever from English legislation. The House of Lords--obstructive as usual to all real progress--endeavored to revive it, but the Commons refused their consent, and a second attempt in 1697 met with a like defeat. This obstacle being happily got rid of, new journals of all kinds arose every day. One was called _The Ladies' Mercury_; a second, _The London Mercury_, _or_ _Mercure de Londres_, and was printed in parallel English and French columns. A third was entitled _Mercurios Reformatus_, and was, during a portion of its existence, edited by the famous Bishop Burnet. Some were half written and half printed. One of these, the _Flying Post_, in 1695, says in its prospectus:

'If any gentleman has a mind to oblige his country friend or
correspondent with this account of public affairs, he may have it
for twopence of J. Salisbury, at the Rising Sun, in Cornhill, on a
sheet of fine paper, half of which being blank, he may thereon
write his own private business, or the material news of the day.'

In 1696, Dawks's _News Letter_ appeared, printed in a sort of running type, to imitate handwriting, with the following quaint announcement:

'This letter will be done upon good writing paper, and blank space
left, that any gentleman may write his own private business. It
does, undoubtedly, exceed the best of the written news, contains
double the quantity, with abundant more ease and pleasure, and will
be useful to improve the younger sort in writing a curious hand.'

Various authors, whose names will always find a lofty place in literature, contributed to the newspapers of this epoch, and among them we find those of South, Wesley, Sir William Temple, and Swift. The advertisements by this time had become as varied as they are nowadays, and were without doubt almost as important a part of the revenue of a newspaper. An amusing proof of this is to be found in the _Collection for the Improvement of Husbandry and Trade_, in which the editor displays a lively interest in this department of his paper, by employing the first person, thus: 'I want a cook maid for a merchant,' 'I want an apprentice for a tallow chandler,' etc., etc. He also advertises that he knows of several men and women who wish to find spouses, and he undertakes match making in all honor and secrecy. He tells us that he has a house for sale, and wishes to buy a shop, an estate, a complete set of manuscript sermons, and a government situation. Other editors bear witness to the character of their advertisers, and recommend doctors, undertakers, waiting maids, footmen, and various tradesmen. Some of the advertisements are very funny. 'I want a compleat young man that will wear a livery, to wait on a very, valuable gentleman, but he must know how to play on a violin or flute.' Was the 'very valuable gentleman,' we wonder, troubled like Saul with an evil spirit, that could be exorcised by music? Tastes certainly differ, for this advertisement reminds us of a venerable old lady of our acquaintance, who was kept in a chronic state of irritation by a favorite footman, whom she did not choose to discharge, through his learning the flute and persisting in practising 'Away with melancholy'--the only tune he knew--for an hour daily! But to return to the advertisements. A schoolmaster announces that he 'has had such success with boys, as there are almost forty ministers and schoolmasters that were his scholars. His wife also teaches girls lace making, plain work, raising paste, sauces, and cookery to a degree of exactness'--departments of education which are, unfortunately, too much lost sight of in modern 'Establishments for Young Ladies,' 'His price is £10 to £11 the year; with a pair of sheets and one spoon, to be returned if desired.'

During the whole reign of William there was not a single newspaper prosecution, but there were many in that of 'the good Queen Anne.' Still editors were obliged to be very careful in the wording of their items of news, generally prefacing them with 'We hear,' 'It is said,' 'It is reported,' 'They continue to say,' ''Tis believed,' and so on. Of the chief newspapers of this period we get the following account from John Dunton, who was joint proprietor with Samuel Wesley of the _Athenian Mercury_:

'The _Observator_ is best to towel the Jacks, the _Review_ is best
to promote peace, the _Flying Post_ is best for the Scotch news,
the _Postboy_ is best for the English and Spanish news, the _Daily
Courant_ is the best critic, the _English Post_ is the best
collector, the _London Gazette_ has the best authority, and the
_Postman_ is the best for everything.'

The _Daily Courant_, which was the first daily newspaper, first appeared on the 11th of March, 1702. It was but a puny affair of two columns, printed on one side of the sheet only, and consisted, like most of the journals of the time, mainly of foreign intelligence. It lasted until 1735, when it was merged in the _Daily Gazetteer_. In spite of prosecutions for libel, the press throve, and, perhaps, to a certain extent, on that very account greatly improved in character. Addison, Steele, Bolingbroke, Manwaring, Prior, Swift, Defoe, and other celebrities became editors or contributors, and a battle royal was waged among them in the _Examiner_, the _Whig Examiner_, the _Observator_, the _Postboy_, the _Review_, the _Medley_, and other papers of less note.

Meanwhile newspapers began to appear in the provinces. The earliest was the _Stamford Mercury_--a title preserved to the present day--which came out in 1695. Norwich started a journal of its own, the _Norwich Postman_, in 1706, the price of which the proprietors stated to be 'one penny, but a half penny not refused.' The _Worcester Postman_ made its bow in 1708, and Berrow's _Worcester Journal_--which still exists--in 1709. Newcastle followed suite with its _Courant_, in 1711, and Liverpool with its _Courant_ in 1712. The other large towns did the same at less or greater intervals, and of the provincial journals which were born in the first half of the eighteenth century about a score still flourish. The _Edinburgh Gazette_ came cut in 1699, as appears from the following quaint document, which has been republished by the Maitland Club at the 'modern Athens':

'Anent the petition given to the Lords of his Majestie's Privy
Councill by James Donaldson, merchant in Edinburgh, shewing 'that
the petitioner doth humbly conceive the publishing ane gazette in
this place, containeing ane abridgement of fforaigne newes together
with the occurrences at home, may be both usefull and satisfieing
to the leidges, and actually hath published on or two to see how it
may be liked, and so farr as he could understand the project was
approven of by very many, and, therefore, humbly supplicating the
said Lords to the effect after mentioned;' the Lords of his
Majestie's Privy Councill, having considered this petition given in
to them by the above James Donaldsone, they doe hereby grant full
warrant and authority to the petitioner for publishing the above
gazette, and discharges any other persones whatsoever to pen or
publish the like under the penaltie of forfaulting all the coppies
to the petitioner, and farder payment to him of the soume of ane
hundred pounds Scots money, by and altour the forsaid confiscatioun
and forfaulture; and recommends to the Lord High Chancellor to
nominat and appoint a particular persone to be supervisor of the
said gazetts before they be exposed to public view, printed, or
sold.'

In 1705 a rival started up in the _Edinburgh Courant_, which was published three times a week. About the same time appeared the _Scots Courant_, in 1708 the _Edinburgh Flying Post_, and in the following year the _Scots Postman_, the two last being tri-weekily. In 1718 there dawned upon the literary horizon the _Edinburgh Evening Courant_, which still continues. It was published _cum privilegio_ on condition that the proprietor 'should give ane coppie of his print to the magistrates.' With regard to Ireland, it is a curious fact that Dublin took the lead of London in establishing a daily paper, for _Pue's Occurrences_ first issued in 1700, and survived for more than fifty years. But this effort appears to have exhausted the newspaper energies of the sister isle, for we have no record of any other journal during a quarter of a century.

Contemporary with its extension to the provinces, newspaper enterprise was penetrating into the colonies, and America took the lead. Small were the beginnings in the land where the freedom of the press was destined to attain its fullest development. America's first journal--the _Boston News Letter_--was printed at Boston in 1704, and survived to the limit assigned by the Psalmist to the age of man. In 1719 appeared the _Boston Gazette_, and in the same year the _American Weekly Miscellany_, at Philadelphia. In 1721 appeared James Franklin's paper, the _New England Courant_, and in 1728 the _New York Journal_. In 1733 John P. Tenzer brought out the _New York Weekly Journal_, a paper which was so ably conducted in opposition to the Government, that in the following year a prosecution, or rather persecution, was determined upon. Andrew Hamilton was Tenzer's counsel, and the temptation to quote a passage from the peroration of his speech for the defence is irresistible:

'The question which is argued before you this day is not only the
cause of a poor printer, nor yet even of the colony of New York
alone: it is the best of causes--the cause of liberty. Every man
who prefers freedom to a life of slavery will bless and honor in
you the men whose verdict will have secured to us upon a firm
basis--to us, to our posterity, to our neighbors, that right which
both nature and the honor of our country gives us, the liberty of
freely speaking and writing the truth.'

What could the jury do, after these burning words, but acquit the prisoner? They did acquit him, and from this famous trial dates, according to Gouverneur Morris, the dawn of the American Revolution, which myriads of Englishmen, whatever may be thought or said to the contrary by persons who wish to raise bad blood between two mighty countries, delight to acknowledge as glorious. But the progress of the press in America was slow under British rule, for in 1775 there were only thirty-six journals in the various States altogether. The West India islands soon began to establish papers of their own, and Barbadoes led the way in 1731 with the _Barbadoes Gazette_. Yet the development of journalism in other British colonies belongs to a later period of history.

To return to England. A heavy blow was impending over the fourth estate. In 1712 a tax, in the shape of a half-penny stamp, was levied upon each newspaper. The reason alleged for this measure was that political pamphlets had so increased in number and virulence that the queen had called the attention of Parliament to them, and had recommended it to find a remedy equal to the mischief, and, in one of her messages, had complained that 'by seditious papers and factious rumors, designing men have been able to sink credit, and that the innocent have to suffer.' An act was accordingly passed by which every printer was obliged to lodge one copy of each number of his paper, within six days of its publication, with a collector appointed for the purpose, and at the same time to state the number of sheets, etc., under a penalty of £20 for default. Country printers were allowed fourteen days instead of six. This act, as may easily be imagined, spread confusion and dismay in all directions. Half-penny and farthing newspapers fell at once before the fierce onslaught of the red oppressor--a vegetable monstrosity, having the rose, shamrock, and thistle growing on a single stalk, surmounted by the royal crown. All the less important and second-rate journals withered away before the deadly breath of the new edict, and a few only of the best were enabled to continue by raising their price. Addison, in the 445th number of the _Spectator_, July 31st, 1712, alludes to this new tax as follows:

'This is the day on which many eminent authors will probably
publish their last words. I am afraid that few of our weekly
historians, who are men that, above all others, delight in war,
will be able to subsist under the weight of a stamp and an
approaching peace. A sheet of blank paper that must have this new
imprimatur clapped upon it before it is qualified to communicate
anything to the public, will make its way but very heavily.... A
facetious friend, who loves a pun, calls this present mortality
among authors 'the fall of the leaf.' I remember upon Mr. Baxter's
death there was published a sheet of very good sayings, inscribed:
'The last words of Mr. Baxter.' The title sold so great a number of
these papers, that, about a week after these, came out a second
sheet, inscribed: 'More last words of Mr. Baxter.' In the same
manner I have reason to think that several ingenious writers who
have taken their leave of the public in farewell papers, will not
give over so, but intend to appear, though perhaps under another
form, and with a different title.'

This prediction of Addison's was verified, for, after the first year, the act was allowed to fall into abeyance, and the scribblers raised their heads once more, and endeavored, by extra diligence and industry, to make up for their past discomfiture and enforced silence.

Of the essay papers, as they are called, the _Tatler_ is the only one which properly comes within the scope of this article, as being, to a certain extent, a newspaper. Addison wrote in the _Freeholder_, and Steele in the _Englishman_, both being political journals opposed to the Government. For certain articles in this last, which were declared to be libellous, and for a pamphlet, entitled _The Crisis_, which he published about the same time, poor 'little Dicky, whose trade it was,' according to his quondam friend Addison, 'to write pamphlets,' was expelled the House of Commons, despite the support of several influential members, and the famous declaration of Walpole, who was not then the unscrupulous minister he afterward became, 'The liberty of the press is unrestrained; how then shall a part of the legislature dare to punish that as a crime which is not declared to be so by any law framed by the whole? And why should that House be made the instrument of such a detestable purpose?'

The newspaper writers had now reached a great pitch of power, and had become formidable to the Government. Prosecutions therefore multiplied; but not without reason in many cases. Addison complains over and over again of the misdirection of their influence, and says, among other things:

'Their papers, filled with different party spirit, divide the
people into different sentiments, who generally consider rather the
principles than the truth of the news writers.'

At no time, probably, in the history of journalism did party feeling run higher than at this period. New organs sprang up every day, but were, for the most part, very short lived. Among the papers of most note were _The Weekly Journal_, Mist's _Weekly Journal_, the _London Journal_, _The Free Briton_, and the _Weekly Gazetteer_. Mist was especially a stout opponent of the Government, and was consequently always in trouble. In 1724 there were printed nineteen first-class journals, of which three were daily, ten tri-weekly--three of them 'half-penny _Posts_'--and six weekly. News was abundant, and the old plan of leaving blank spaces or filling up with passages of Scripture--an editor actually reproduced from week to week the first two books of the Pentateuch--was now abandoned. In 1726 appeared the _Public Advertiser_, afterward called the _London Daily Advertiser_, which deserves to be remembered as having been the medium through which the letters of Junius were originally given to the world. In the same year, too, was started _The Craftsman_, one of the ablest political papers which London had yet seen, and of which Bolingbroke was joint editor. It was immediately successful, and its circulation soon reached ten or twelve thousand. In 1731 a great novelty came out, the _Gentleman's Magazine_, or _Monthly Intelligencer_, under the proprietorship of Edward Cave, the printer. The title page contained a woodcut of St. John's Gate, Clerkenwell, which had been in olden times the entrance gateway to the hospital of St. John of Jerusalem, but was then the abiding place of Cave's printing press, and upon either side of the engraving was a list of the titles of metropolitan and provincial newspapers. The contents, as announced on the same title page, were: 1. Essays, controversial, humorous and satirical, religious, moral, and political, collected chiefly from the public papers; 2. Select pieces of poetry; 3. A succinct account of the most remarkable transactions and events, foreign and domestic; 4. Marriages and deaths, promotions and bankruptcies; 5. The prices of goods and stocks, and bills of mortality; 6. A register of barks; 7. Observations on gardening. The prospectus states:

'Our present undertaking, in the first place, is to give monthly a
view of all the pieces of wit, humor, or intelligence daily offered
to the public in the newspapers, which of late are so multiplied as
to render it impossible, unless a man makes it his business, to
consult them all; and in the next place, we shall join therewith
some other matters of use or amusement that will be communicated to
us. Upon calculating the number of newspapers, 'tis found that
(besides divers written accounts) no less than two hundred half
sheets _per mensem_ are thrown from the press only in London, and
about as many printed elsewhere in the three kingdoms, a
considerable part of which constantly exhibit essays on various
subjects for entertainment, and all the rest occasionally oblige
their readers with matter of public concern, communicated to the
world by persons of capacity, through their means, so that they are
become the chief channels of amusement and intelligence. But then,
being only loose papers, uncertainly scattered about, it often
happens that many things deserving attention contained in them are
only seen by accident, and others not sufficiently published or
preserved for universal benefit or information.'

The _Magazine_ sets to work upon its self-imposed task by giving a summary of the most important articles during the preceding month in the principal London journals, of the ability, scope, and spirit of which we thus obtain a very fair notion. The _Craftsman_ has the precedence, and among articles quoted from it are a historical essay upon Queen Bess, and 'her wisdom in maintaining her prerogative;' a violent political article full of personalities, a complaint of the treatment of the _Craftsman_ by rival journals, and an essay upon the liberty of the press. The summary of the _London Journal_ seems to show that it was continually occupied in controverting the views and arguments of the _Craftsman_. _Fog's Journal_ is employed in making war upon the _London Journal_ and the _Free Briton_. The following specimen does not say much for Mr. Fog's satirical powers:

'One Caleb D'Anvers' (Nicholas Amherst, of the Craftsman), 'and, if
I mistake not, one Fog, are accused of seditiously asserting that a
crow is black; but the writers on the other side have, with
infinite wit, proved a black crow to be the whitest bird of all the
feathered tribe.'

These old newspapers give us curious glimpses of the manners of the time. The _Grub-Street Journal_ has an article upon 'an operation designed to be performed upon one Ray, a condemned malefactor, by Mr. Cheselden, so as to discover whether or no not only the drum but even the whole organ be of any use at all in hearing.' The writer must have been an ardent vivisector, for he concludes by a suggestion that 'all malefactors should be kept for experiments instead of being hanged.' In another number this periodical indulges in a criticism upon the new ode of the poet laureate (Colley Cibber), in the course of which the writer expresses an opinion that 'when a song is good sense, it must be made nonsense before it is made music; so when a song is nonsense, there is no other way but by singing it to make it seem tolerable sense'--a criticism which, whether it were true of that period or no, may be fairly said to apply with great force to the times in which we live. The _Weekly Register_ makes war upon the _Grub-Street Journal_, and, in a satirical article upon the title of that newspaper, likens the writers to caterpillars and grubs, etc., 'deriving their origin from Egyptian locusts;' and, in another article, accuses them of 'having undertaken the drudgery of invective under pretence of being champions of politeness.' The other papers summarized are the _Free Briton_, a violent opponent of the _Craftsman_, the _British Journal_, and the _Universal Spectator_, the forte of the last two lying in essays and criticisms.

But the grand feature of the _Gentleman's Magazine_ was, that it was the first to systematize parliamentary reporting. This was originally managed by Cave and two or three others obtaining admission to the strangers' gallery, and taking notes furtively of the speeches. These notes were afterward compared, and from them and memory the speeches were reproduced in print. Cave's reports continued for two years unmolested, when the House of Commons endeavored to put an end to them. A debate took place, in which all the speakers were agreed except Sir William Wyndham, who expressed a timid dissent, as follows: 'I don't know but what the people have a right to know what their representatives are doing.' 'I don't know,' forsooth--the Government and the people must have been a long way off then from a proper appreciation of the duties of the one and the rights of the other! Sir Robert Walpole, the former friend of the press--who, by the way, is said to have spent more than £50,000 in bribes to venal scribblers in the course of ten years--had completely changed his views, and had nothing then to say in its favor. A resolution was passed which declared it breach of privilege to print any of the debates, and announced the intention of the House to punish with the utmost severity any offenders. Cave, however, was not easily daunted, and, instead of publishing the speeches with the first and last letters of the names of the speakers, he adopted this expedient: he anagrammatized the names, and published the debates in what purported to be 'An Appendix to Captain Lemuel Gulliver's Account of the Famous Empire of Lilliput, giving the Debates in the Senate of Great Lilliput.' This system was continued for nine years, but, after an interval, Cave reverted to the old plan. He had always employed some writer or other of known ability to write the speeches from his notes, and generally even without any notes at all, so that the speeches were often purely imaginary. In 1740 Dr. Johnson was employed for this purpose, and he, according to his own confession, had been but once inside the walls of the Parliament. Murphy tells the story and gives the names of the persons who were present when he made the avowal. It occurred thus: A certain speech of Pitt's, which had appeared in the _Gentleman's Magazine_, was being highly praised by the company, when Johnson startled every one by saying: 'That speech I wrote in a garret in Exeter street.' He then proceeded to give an account of the manner in which the whole affair used to be managed--this happened many years after his connection with the matter had ceased--and the assembly 'lavished encomiums' upon him, especially for his impartiality, inasmuch as he 'dealt out reason and eloquence with an equal hand to both parties.' Johnson replied: 'That is not quite true: I saved appearances tolerably well, but I took care that the Whig dogs should not have the best of it.' These speeches were long received by the world as verbatim reports, and Voltaire is said to have exclaimed, on reading some of them: 'The eloquence of Greece and Rome is revived in the British Senate.' Johnson, finding they were so received, felt some prickings of conscience, and discontinued their manufacture. When upon his deathbed, he said that 'the only part of his writings that gave him any compunction was his account of the debates in the _Gentleman's Magazine_, but that at the time he wrote them he did not think he was imposing upon the world.' Several attempts had been made to checkmate Cave, and in 1747 he was summoned before the House of Lords, reprimanded, and fined, but finally discharged upon begging pardon of the House, and promising never to offend again. However, in 1752, he resumed the publication of the debates, with this prefatory statement, a statement which must be taken _cum grano_:

'The following heads of speeches in the H---- of C---- were given
me by a gentleman, who is of opinion that members of Parliament are
accountable to their constituents for what they say as well as what
they do in their legislative capacity; that no honest man, who is
entrusted with the liberties and purses of the people, will ever be
unwilling to have his whole conduct laid before those who so
entrusted him, without disguise; that if every gentleman acted upon
this just, this honorable, this constitutional principle, the
electors themselves only would be to blame if they reflected a
person guilty of a breach of so important a trust.'

Cave continued his reports in a very condensed form until he died, in 1754, and left his system as a legacy to his successors and imitators. He was the father of parliamentary reporting, and it is for this reason more especially that his name deserves to be remembered with gratitude by all well wishers to the freedom of the press, which is the liberty of mankind.

THE TREASURY REPORT AND MR. SECRETARY CHASE.

The military condition at the present time is highly encouraging; but our armies have not always been successful in the field, and many of our campaigns have ended either in disaster or without decisive results. The navy, though it has achieved much in some quarters, has not altogether answered to the reasonable expectations of the country or to the vast sums which have been expended to make it powerful and efficient. Our foreign relations, during the war, have sometimes assumed a threatening aspect, and, it must be confessed, have not always been managed with the skill and firmness due to our prominent position among the nations of the world. But there is at least one department of the Government whose general operations during all these vicissitudes have been the subject of just pride to the American people. In the midst of great difficulties, sufficient to appal and disconcert any ordinary mind, our stupendous fiscal affairs have been conducted with unrivalled firmness, ability, and success. All our military and naval operations, and indeed our whole national strength at home and abroad, have necessarily been in a large degree contingent upon the public credit, and this has remained solid and unmoved except to gain strength, in spite of all the disasters of the war on the land and on the water. The recent annual report of Mr. Chase, though chiefly confined to a simple statement of facts and figures, is like the account of some great victorious campaign, submitted by the unassuming officer who conducted it. The achievements of the Treasury are in fact the greatest of all our victories; they underlie and sustain the prowess of our armies, while they signalize the confidence and the patriotism of our whole people. Without them the peril of the Union would have been infinitely enhanced, and perhaps it would have been wholly impossible to conquer the rebellion. There was a narrow and difficult path to tread in order to avoid national bankruptcy; it was necessary within three years to raise fifteen hundred millions of dollars, and a single false step might have doubled or trebled the amount even of that enormous demand. How often has intelligent patriotism trembled to think that the failure of our finances would involve the probable futility of our sacred war for the Union, with all its tremendous sacrifices of life and property!

Nobly have the people sustained their Government; with a wise instinct of confidence, they have freely risked their money, as their lives, in support of their own holy cause. This confidence at home has given us unbounded strength abroad. Nor do the facts in the least diminish the credit fairly due to the Secretary, whose great merit is to have organized a system so well calculated to attract the confidence of the people and to inspire them with a sense of perfect security in trusting their fortunes to the keeping of the nation for its help and support in the hour of supreme peril. It is the highest evidence of wise statesmanship to be able thus to arouse a nation to the cheerful performance even of its obvious duty: this has been accomplished by Mr. Chase, under the embarrassment of repeated failures on the part of those who had in special charge to defend and promote our noble cause. The entire merit of this grand success can only be adequately estimated by considering how slight a mistake of judgment or want of faithful courage in conducting these momentous affairs would have thrown our finances into inextricable confusion. Our own experience immediately before the war, when there was no adequate conception of the extent of the trouble about to come upon us, shows how easily the public credit may be shaken or destroyed by incompetent or dishonest agents. In spite of envious detraction and interested opposition, these great and successful labors of the Secretary will remain an imperishable monument of his ability to conduct the most intricate affairs of government, in times of the most appalling danger and difficulty. He has undergone the severest tests to which a statesman was ever subjected; his genius and his great moral firmness have brought him out triumphant.

There are a few prominent points in the lucid report of the Secretary which constitute the great landmarks of his system. Adequate taxation was of necessity its basis; and, from the very beginning, Mr. Chase insisted upon a rigid resort to every available means of raising a revenue sufficient to strengthen the hands of the Government, and sustain its credit through all the vast operations which it was compelled to undertake. And now by reference to the actual figures, and by an analysis of the facts embodied in them, the Secretary shows that since the first year of the war, the taxes collected have paid all the ordinary peace expenditures together with the interest on the whole public debt, and beyond this have yielded a surplus which, had the war ended, might have been applied to the reduction of the debt. This sound and indispensable principle, beset with so many temptations and difficulties in time of civil commotion, is the very soul of the public credit; and the fearlessness with which the Secretary meets the contingency of prolonged war and the necessity of additional taxes, evinces his determination to strengthen and sustain the principle, rather than to abandon it under any possible circumstances. The enormous loans already so advantageously obtained, to say nothing of those additional ones which will probably be indispensable, could not have been negotiated on any reasonable terms without a firm adherence to this policy.

That part of Mr. Chase's financial system which is most questionable, and which affords his assailants a fulcrum for their attacks, is its interference with the State banks and with the currency which they have been supplying to the country. The issuance of Treasury notes in the form of a circulating medium, and with the qualities of a legal tender, has revolutionized the whole currency and exchanges of the country, and has given universal satisfaction to the people. But this popular judgment is by no means an unerring test of the wisdom or safety of such a measure. Its necessity, however, and its eminent success will forever stamp it as an expedient of great usefulness and value, especially as the Secretary has most judiciously arrested the system at that point where its unquestionable advantages still outweigh its acknowledged dangers and inconveniences. He informs us that these issues 'were wanted to fill the vacuum caused by the disappearance of coin, and to supply the additional demands created by the increased number and variety of payments;' and he adds: 'Congress believed that four hundred millions would suffice for these purposes, and therefore limited issues to that sum. The Secretary proposes no change of this limitation and places no reliance therefore on any increase of resources from increase of circulation. Additional loans in this mode would indeed almost certainly prove illusory; for diminished value could hardly fail to neutralize increased amount.'

In consequence of these issues, the average rate of interest on the whole public debt on the 1st of July last, was only 3.77 per centum, and on the 1st of October, 3.95 per centum.

It was to be expected that the banks, which have heretofore had an entire monopoly of the paper circulation, and of the large profits derived from its legitimate use, as well as from its disastrous and sometimes dishonest irregularities, would not very cordially receive the system which is destined to supersede their present organization entirely. The Secretary justly exults in the advantages of the sound and uniform circulation which he has afforded in all parts of the country. And as to the depreciation of the Treasury notes in comparison with gold, he reasons, with great force and truth, that the greater part of it is attributable to 'the large amount of bank notes yet in circulation,' remarking at the same time, that 'were these notes withdrawn from use, that much of the now very considerable difference between coin and United States notes would disappear.' Whether this belief of the Secretary be well founded or not, nothing can be more certain than the superiority of the Treasury notes to those of the mass of suspended banks, as they would have been after three years of the present war. It is frightful to think of the condition to which the currency would have been reduced at this time, if the Government had been guilty of the folly of conducting its immense operations in the suspended paper of irresponsible local banks. No one can doubt that the Treasury notes have been of immense service to the nation in its hour of trial; and if the limitation proposed by the Secretary shall be faithfully maintained, there need not be the slightest fear of any difficulty or discredit in the future. Upon the return of peace the whole issue will be easily absorbed and redeemed, either by the process of funding, or more gradually in the ordinary transactions of the Government.

On a kindred subject, that of the high prices at present prevailing, let Mr. Chase speak for himself. This statement is so direct and pertinent that nothing could well be added. He says:

'It is an error to suppose that the increase of prices is
attributable wholly or in very large measure to this circulation.
Had it been possible to borrow coin enough, and fast enough, for
the disbursements of the war, almost if not altogether the same
effects on prices would have been wrought. Such disbursements made
in coin would have enriched fortunate contractors, stimulated
lavish expenditures, and so inflated prices in the same way and
nearly to the same extent as when made in notes. Prices, too, would
have risen from other causes. The withdrawal from mechanical and
agricultural occupations of hundreds of thousands of our best,
strongest, and most active workers, in obedience to their country's
summons to the field, would, under any system of currency, have
increased the price of labor, and, by consequence, the price of the
products of labor,' &c.

It is impossible to deny the force of this statement; and upon the whole we must acknowledge that most of the evils which have been attributed to the financial policy of the Government were inherent in the very nature of the situation, and would have developed themselves, more or less, under any system which could have been adopted. It is very obvious that they might have been greatly aggravated by slight changes; but it is not easy to see how they could have been more skilfully met and parried than by the measures which have actually yielded such brilliant results.

The most signal triumph of Mr. Chase's whole system of finance is to be found in the truly marvellous success of his favorite five-twenty bonds. Even at the present time the public enthusiasm for these securities seems to be unabated, and it is more than probable that the whole amount authorized to be issued will be taken up quite as rapidly as the bonds can be prepared or as the money may be required.

Not without good reason does the Secretary attribute the 'faith' thus shown by the people 'in the securities of the Government,' to his national banking law and the prospective establishment of a currency 'secured by a pledge of national bonds,' and destined at no distant day to 'take the place of the heterogeneous corporate currency which has hitherto filled the channels of circulation.' The idea of thus making tributary to the Government in its present emergency the whole banking capital of the country, or at least so much of it as may be employed in furnishing a paper circulation for commercial transactions, was as bold and magnificent as it has proved successful. Nothing less than the national credit is sufficiently solid and enduring to be the basis of a paper currency throughout the vast extent of our country. It is eminently fit that this perfect solidarity of the central government with those who furnish paper money for the people of every locality, should be required and maintained on a proper basis. But the currency thus provided is not liable to any of the objections properly urged against a paper circulation issued by the Government itself; it is issued by individuals or companies, and secured only by such national stocks as have been created in the necessary operations of the nation itself. The system does not constitute a national bank or banks in the sense of that term as heretofore used in our history. It does nothing more than assume that indispensable control over the long-neglected currency of the country which is at once the privilege and the duty of the National Government. It has authority to pronounce the supreme law among all the States; and if there be any subject of legislation requiring the unity to be derived from the exercise of such authority, it is, above everything else, that common medium of exchange which measures and regulates the countless daily commercial transactions of our immense territory. The system involves no participation by the Government in any banking operations; no partnership in any possible speculations, great or small; no interference, direct or indirect, with the legitimate business of the country: it is only a wise and efficient device, by which the Government assures to the people the soundness of the paper which may be imposed upon them for money.

The greatest merit of the scheme consists in the fact that it is intended to supersede that irregular and unsatisfactory system of banking which is based on a similar pledge of the credit of the several States. It is said to be hostile to the existing banks; but it is only so in so far as it requires a change of the basis of their credit from State to National securities. The measure was not conceived in any unfriendly spirit toward those institutions. It was necessary for the National Government to assert its own superiority, and thus to strengthen itself, at the same time that it sought to protect the people by securing them a uniform currency and equable exchanges.

Some murmurs of opposition have been heard from a quarter well understood; but the good sense of the people, and, we hope, of the holders of State bonds themselves, seems to have quickly suppressed these complaints. A war of the State banks on the Government, at this time and on this ground, might well be deplored; but the issue would not be doubtful. Mr. Chase occupies the vantage ground, and he would be victorious over these, as the country is destined to be over all other enemies.

At no other time could so fundamental a change in our system of currency have been proposed with the slightest chance of success; and, upon the whole, it was a grand and happy conception, in the midst of this tremendous war, to make its gigantic fiscal necessities contribute to the permanent uniformity of the currency and of the domestic exchanges. For this great measure is no temporary expedient. Its success is bound up with the stability of the Government; and if this endures, the good effects of the new system will be felt and appreciated in future years, long after the unhappy convulsion which gave it birth shall have passed away. It will serve to smooth the path from horrid war to peace, and to hasten the return of national prosperity; and when experience shall have fully perfected its organization, it may well be expected, by the generality of its operation and its great momentum, to act as the great natural regulator of enterprise and business in our country.

If these grand achievements in finance have had so important an influence in sustaining the war for the Union, it is not likely they will fail to constitute a large element in controlling the political events of the immediate future. Their author is well known to entertain the soundest views in reference to the thoroughness of the measures necessary to restore harmony in the Union, without being of that extreme and impracticable school whose policy would render union uncertain or impossible; and if a ripe experience in public affairs and the most brilliant success in transactions of great delicacy and difficulty, as well as of the most vital importance to the triumph of our arms, are of any value, they cannot be without their due and proper weight in the crisis which is fast approaching.

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The Continental Monthly, Vol. 5, No. 2, February, 1864Chapter II: Front Matter (2)

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