ONE OF THE SPENDING CLASS.
" The embarrassments of a noble lord holding large and valuable possessions in the North, have at length come to a crisis, which has produced a powerful sensation, but no surprise, at die West end of the town. It is said that the cre- ditors of the noble lord alluded to offered him 14,000/. per annum, provided her would assign over property to pay at distant periods the full amount of their demands; but the offer was declined."—Morning Herald.
Such a man as this, whoever he may be, deserves no mercy. His fortune, it seems, was so vast, that even a remnant of it amounts to 11,0001. a year. 'Vet he is so deeply in debt, that his "embarrassments " have at last come to a " crisis." But what is this " crisis?" Why, that he should only have 1,1,0001.a year to live upon, out of the property which in common justice belongs to his creditors; who are content to petition for a distant period of payment of their debts, while this noble lord is still provided with the means of supporting an expensive establishment. His lord- ship, however, will consent to no such degradation. He and such as he have made the law' of the land. His person cannot be touched; his landed property is all safe; he can fight his creditors with their own money; be will probably die before they can get a receiver of his rents appointed; and then the heir comes into full possession of the property, and may laugh at the simple fools who gave credit to his noble father. What has become of the bill, in- troduced into the House of Commons last session, for rendering real property liable to the payment of simple contract debts?
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