I might here, but I shall not attempt to, paint in the heavy colours appropriate to such a subject, the different shades of gloom by which the successive stages of these three years of misfortune were characterized. From that painful and uninviting picture the reader will probably not regret to be relieved, the more particularly as the main points on which it would be necessary to dwell - those, namely, which establish the share.

5 The average circulation of England published in the London Gazette for the four weeks ending December 24, 1841, was which the constitution and operations of the Bank of England have had in producing and prolonging the calamity, - will fall rather prominently under our notice in the following chapter, which refers to Mr. Samuel Jones Loyd, and the various publications in which, as well as in his evidence before Parliament, that gentleman has criticised the accounts and proceedings of the Bank of England for many years past, and insisted upon the propriety of regarding the foreign exchanges as our only guiding points in the regulation of the currency.