Excerpt from Observations on the Speech of the Right Hon. W. Huskisson, in the House of Commons, Tuesday, the 11th of June, 1822, on Mr. Western's Motion Concerning the Resumption of Cash Payments, Published March 20th, 1823

It have Occurred here, had the alteration been apparent to the public; at all events the jus tice, or rather the necessity of some provision Of the sort, is so Obvious, that the onus ought to lie upon those who condemn it, to adduce pre cedents for their justification - In our case, that is, Of an abandonment of. The standard, or rather Of every standard, for 22 years, a settlement of the currency on just principles, determined by those criteria of its value during the abandonment, which were suggested by the Right Honorable Gentleman himself in 181 If and to which I shall refer hereafter, is in my opinion the only effectual measure. I shall now proceed to remark more particularly upon different parts Of his Speech. In the first place I must Observe, that he speaks of the landowners as if they all had enjoyed um interrupted benefits under the Act of 1797, and the Consequent depreciation Of the currency, from the time of its passing. This, however, is Obviously far from fact: those, on the contrary, whose lands were under lease for a'term Of years, Or lives, sustained an injury in common with annuitants for complaining of which, and first exposing the increasing difference of value be tween gold and paper, and the consequent.

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