will look at it a little more
attentively, they will find their gloomy comfort vanish. The public
income from these licenses has risen with very great regularity through
a series of years which all must admit to have been years of prosperity.
It is remarkable, too, that in the year 1793, which was the great year
of bankruptcies, these duties on auctioneers and auctions[55] fell below
the mark of 1791; and in 1796, which year had one fifth less than the
accustomed average of bankruptcies, they mounted at once beyond all
former examples. In concluding this general head, will you permit me, my
dear Sir, to bring to your notice an humble, but industrious and
laborious set of chapmen, against whom the vengeance of your House has
sometimes been levelled, with what policy I need not stay to inquire, as
they have escaped without much injury? The hawkers and peddlers,[56] I
am assured, are still doing well, though, from some new arrangements
respecting them made in 1789, it would be difficult to trace their
proceedings in any satisfactory manner.

When such is the vigor of our traffic in its minutest ramifications, we
may be persuaded that the root and the trunk are sound. When we see the
life-blood of the state circulate so freely through the capillary
vessels of the System, we scarcely need inquire if the heart performs
its functions aright. But let us approach it; let us lay it bare, and
watch the systole and diastole, as it now receives and now pours forth
the vital stream through all the members. The port of London has always
supplied the main evidence of the state of our commerce. I know, that,
amidst all the difficulties and embarrassments of the year 1793, from
causes unconnected with and prior to the war, the tonnage of ships in
the Thames actually rose. But I shall not go through a detail of
official papers on this point. There is evidence, which has appeared
this very session before your House, infinitely more forcible and
impressive to my apprehension than all the journals and ledgers of all
the Inspectors-General from the days of Davenant. It is such as cannot
carry with it any sort of fallacy. It comes, not from one set, but from
many opposite sets of witnesses, who all agree in nothing else:
witnesses of the gravest and most unexceptionable character, and who
confirm what they say, in the surest manner, by their conduct. Two
different bills have been brought in for improving the port of London. I
have it from ver