MACAULAY'S ESSAY ON SQUTHEY'S " COLLOQUIES."
(To THE EDITOR OF THE " SPECTATOR.")
is worthy of notice that a considerable part of the excerpt from Macaulay reprinted in the article on " Trade in the New Year " in your issue of January Srd was quoted with effect by the Chancellor of the Exchequer in his address to the Executive Council of the National Chamber of Trade at Guild- hall, London, on November 5th last. Upon reading the essay afterwards I was impressed with the peculiar application of the last two paragraphs to present-day circumstances and ten- dencies. On Wednesday week I quoted them in speaking at a meeting of the City of London Tradesmen's Club, but had not then observed them in your issue of the Saturday previous. Your readers will doubtless have welcomed the reference in your columns, and I fancy that words so apt are by no means too familiar in these days.—I am, Sir, &c., P. HowLmo, General Secretary.
The National Chamber of Trade, 24 Holborn, B.C. I.
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