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Even in our day, no two authors on the subject agree; all the successful measures of revenue and finance have been adopted in utter defiance of its dogmas; while all the modern attempts to act upon what are called its principles, have only convulsed commerce, shaken public credit, and substituted fantastic visions of prosperity for the old substantial wealth of England. No occupation could have been fitter for the half-frivolous, half-factious spirit of France. A revolution in revenue was openly regarded as the first step to revolution in power; the political economists indulged themselves in a philosophic conspiracy, and vented their sneers against the government, under pretext of recognising the rights of trade. It took but a little more than twenty years to mature this dexterous contrivance, and the meek friends of free trade had the happiness of seeing France in a blaze.

      Smith, on his return, shut himself up in his study in Kirkcaldy for ten years. His friends in vain attempted to draw him from his solitude to Edinburgh: he steadily, we may almost say magnanimously, refused; and at the end of the tenth year, in 1776, he explained the mystery, by the publication of the two quarto volumes of his Enquiry into the Nature and Causes of the Wealth of Nations. The work was received with general congratulation; it was regarded as a new science, although it is well-known, as stated in the introduction to the biography, that many others had previously discussed the same subjects. Smith's views, however, were so much more comprehensive, his division so much more distinct, and his remarks so much more practical, that he deserved all the credit of the architect who combines in beauty and utility the beams and pillars which he finds scattered on the ground. And here we advert to the obvious benefit of that patronage which had been extended to this very able man by Townsend. The annuity which had been settled on him as tutor, had enabled Smith to give up the whole of his time, and the whole powers of his mind, during those ten years, to this great work. During nearly twenty years of lecturing, on the other hand, in which his pen was necessarily employed without ceasing, he seems to have published but one work, The Theory of Moral Sentiment. That he constantly formed ingenious conceptions, may be easily admitted; but that he wanted either time or inclination to complete them, is evident from the fact, that he never suffered them to appear in print, and that one of his dying directions was, that they should be destroyed by his executors.

      He was now a man of fame, and to enjoy it came up to London, where he resided for two years in the midst of the best society, political and literary, to be found in England. He was now to be a man of fortune as well as of fame; he was appointed a commissioner of the customs in Scotland. He returned to Edinburgh, and commenced the agreeable life of a man at once distinguished, and opulent to the full extent of his simple desires, in a society whose names are still regarded as the lights of Scotland. He lived hospitably, and entertained good society, but he wrote no more; he was growing old, and Lord Brougham evidently thinks that the duties of his office exhausted his spirits and occupied his time. But those duties always partook largely of the nature of a sinecure; and there is every reason to doubt whether they could have worn down a man of regular habits, and who had been trained to the routine of daily business by an apprenticeship of a quarter of a century. The greater probability is, that Smith felt that he had done enough for fame; that, knowing the world, he was unwilling to expose himself to the caprices of critical applause; and that he even felt how inadequate the early theories which found admirers in the lecture-room, might be to sustain a character already brought into full publicity by his own volumes. The fact is certain, that he produced nothing more. In July 1790, he died, at the age of sixty-seven. It was his custom to give a supper on the Sunday evening to a numerous circle of friends. How far this entertainment, which was more consistent with the latitude of his Paris recollections, was reconcilable with the decorums of Scotland, we cannot say. But on one evening, after having destroyed his manuscripts, finding himself not so well as usual, he retired to bed before supper, and as he went, said to his friends, "I believe we must adjourn this meeting to some other place." He died in a very few days afterwards.

      Lord Brougham has obviously expended his chief labour on the life of this favourite philosopher, of whom, fifty years ago, every Scottish economist was a devoted pupil. Times are changed, yet this intelligent biographer has given a very ample and accurate, so far as we can judge, analysis of the Enquiry. But he would have greatly increased the obligations of the reader, by giving some portion of his treatise to the questions which modern artifice has devised, and modern infatuation has adopted.

      An interesting "memoir" of Johnson commences the volume; but the topic would lead us too far. The biographer gives that literary Samson full applause for the strength of his understanding, the boldness of his morality, and the pungency of his wit. Rather to our surprise, he pours out an eloquent panegyric on Boswell. That we are indebted to this versatile personage for one of the most amusing and instructive collections of reminiscences in the history of authorship, will be readily conceded. But this is the first time of our hearing a demand that we should pay him any more peculiar homage. But Lord Brougham is himself the head of a school: his ipse dixit demands acquiescence, and none can doubt that, if he is singular in his dogmas, he deserves attention for the vigour of his advocacy.

       REYNARD THE FOX. 2

      The natural history of the Cockney has been frequently illustrated, and never so successfully as in time past in the pages of Maga. But nature is inexhaustible in all her creations. You might study a lifetime, and yet not fully master the properties of one of those little Infusoria that wriggle or spin about in a phial of foul or fair water, and a still wider subject of study is of course supplied by any larger animal, such as a Cockney, placed as he is a little lower than the angels, and half-way down, or there abouts, between a man and a chimpanzee.

      Upon careful inquiry it would probably be found, that in most nations the population, though all purporting to be men and women, consists in a good measure of beings that stand several degrees below the point of humanity. France, among several specimens of a higher order, has occasionally shown that a considerable proportion of its inhabitants was a hideous cross between the tiger and the baboon. Holland has had its Grotius and its Erasmus, but the otter and the beaver breed make up the mass of those who go by the name of Dutchmen. There has been no want in Germany of clear-sighted men, but the mole, the bat, and the owl furnish a large contingent to the ranks of its literati. In other nations we see a greater or less preponderance of the wolf or the bear, the goat or the goose, the ass, the hog, or the hippopotamus. Such being the universal condition of the world, we should rather be proud than otherwise, that, in England, we can boast of a secondary tribe, made, perhaps, by some of nature's journeymen, but that yet imitate humanity so respectably, so amiably, and so amusingly, as the Cockney must be admitted to do.

      A Cockney is by locality very much what a tailor is by trade. Though a remote sub-multiple of a man, he is enterprising, indefatigable, cutting his way to his object through every thing with a ready tongue and a quick wit. Yet he is deficient in some qualities indispensable to the species homo. Courage the Cockney undoubtedly possesses, because he is always among those who are said to rush in where others fear to tread. But veneration is utterly wanting in his composition; and here the resemblance to the tailor is conspicuous; as we never knew a single snip that had the slightest reverence for any thing under heaven – if, indeed, the assertion should not be made in still broader terms. In the tailor this effect, defective, comes by an obvious cause. The intolerable liberties which the vulgar fraction is permitted to take with people's persons, divesting the best and bravest of us of the halo of heroism that surrounds us at a distance; and the fact that the great mysteries of dress, the paraphernalia of our dignity and decency, and the chief emblems of our manhood and domestic authority, emerge exclusively from the hands of this insignificant but indispensable maker of men, are enough to extinguish within him all sentiment of respect for any thing human or divine. The Cockney arrives at a similar state of easy and impudent non-chalance by a different process. Littered in London, and living there all his life, he is proud of its position among cites; and he comes, by a natural process of reasoning, to ascribe its importance to its connexion with his own person and people, and to see nothing better or greater in the universe than himself and what belongs to him. The feeling grows with his growth, and is fed by a full indulgence in all the good things with which the land of Cockayne abounds, and which the most morose of mortals must admit to be eminently conducive to self-complacency.

      The

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Reynard the Fox – a renowned Apologue of the Middle Ages reproduced in Rhyme. By S. Naylor. Longman & Co. London: 1845.