* * * 's language, that Lord John Russell
will stand or fall by the Bank Charter Act-but that he feels very
apprehensive of being unable to maintain it.

I agree with Bonham, in thinking that the Protectionist party is
smashed for the present Parliament; but I must say I think Protectionist
principles and policy are likely to come into repute again far sooner
than was expected; and though Peel's party be a compact body, and
formidable in the House of Commons, I cannot think that there appears
that in the working of his measures to make it likely that he should be
soon again carried into power on the shoulders of the people. I think
his political reputation must ebb further before it can rise again,
if it should ever rise again. * * * * thought him 'broken and in low
spirits,' when he met him at Longshaw; but Lord * * * *, who was there
at the same time, came away more Peelite than ever, and told them at
Bretby that Sir Robert said, 'That he was quite surprised at the number
of letters he got every day from members returned to Parliament, saying
they meant to vote with him.'

You may rely upon it the Peelites are very sanguine that they will be in
power again almost directly. We must keep them out.

TO MR. BURN, EDITOR OF THE 'COMMERCIAL GLANCE.'

Welbeck, September 38, 1847. To the many courtesies you have already
bestowed upon me, I will sincerely thank you to add that of informing me
what have been the estimated cotton crops in the United States in
each of the last four years. I would also thank you to inform me the
comparative importation, home consumption, re-exportation, and stocks
on hand of cotton of the first seven months of the current and three
preceding years.

TO MR. BURN.

Welbeck, October 4, 1847.

Your statistics have reached me in the very nick of time, and are
invaluable. I care nothing about 'outsides,' it is 'insides' I look to;
give me a good 'heart,' and I don't care how rough the 'bark' is.

Anything so good I fear to spoil by suggesting the most trivial
addition, else I should say it would be an interesting feature to
classify the exports of cotton goods, etc., etc., under three heads:--

1st. To the British colonies and British possessions abroad.

2nd. To the northern states of Europe, France, Spain, Germany, Italy,
etc., etc., the United States of America, and other countries having
high tariffs.

3rd. To China, Turkey, Africa, and the Southern States of America, and
countrie