(Vol. vii., pp. 261. 409.)

This very able and valuable work, as to which your correspondent inquires, was written by Wm. Paterson, the projector of the Bank of England and the Darien scheme; a great and memorable name, but which, to the discredit of British biography, will be sought for in vain in Chalmers's or our other biographical dictionaries. The book above noticed appears to be a continuation of another tract by the same author, entitled An Inquiry into the Reasonableness and Consequences of an Union with Scotland, containing a brief Deduction of what hath been done, designed, or proposed in the Matter of the Union during the last Age, a Scheme of an Union as accommodated to the present Circumstances of the two Nations, also States of the respective Revenues, Debts, Weights, Measures, Taxes, and Impositions, and of other Facts of moment: with Observations thereupon, as communicated to Laurence Philips, Esq., near York: London, printed and sold by R. Bragg, 1706, 8vo., 160 pages. This was preceded by an earlier tract by the same author: Conferences on the Public Debts, by the Wednesday's Club in Friday Street: London, 1695, 4to. The last is noticed, with a short account of the author, by Mr. McCulloch (Lib. of Political Economy, p. 159.), but he has not mentioned the two other works previously adverted to. In all of them the author adopts the form of a report of the proceedings of a club; but, without attempting to deny the actual existence of a Wednesday's club in Friday Street (the designation he assumes for it), nothing can be more clear to any one who reads the three tracts than that the conversations, proceedings, and personages mentioned are all the creatures of his own fertile invention, and made use of, more conveniently to bring out his facts, arguments, and statements. The dramatic form he gives them makes even the dry details of finance amusing; and abounding, as they do, in information and thought, these works may always be consulted with profit and pleasure. The Inquiry into the State of the Union, 1717, 8vo., for which Walpole is said to have furnished some of the materials, was answered, but rather feebly, in an anonymous pamphlet entitled Wednesday Club Law; or the Injustice, Dishonour, and Ill Policy of breaking into Parliamentary Contracts for public Debts: London, printed for E. Smith, 1717, 8vo., pp. 38. The author of this pamphlet appears to have been a Mr. Broome. Those who would wish see one of the financial questions discussed in the Inquiry treated with equal force and ability, and with similar views, by a great cotemporary of Paterson, whose pamphlet came out simultaneously, may read Fair Payment no Spunge; or some Considerations on the Unreasonableness of refusing to receive back Money lent on public Securities, and the Necessity of setting the Nation free from the unsupportable Burthen of Debt and Taxes, with a View of the great Advantage and Benefit which will arise to Trade and to the Landed Interest, as well as to the Poor, by having these heavy Grievances taken off: London, printed and sold by Brotherton: Meadows and Roberts, 1717, 8vo., pp. 79. This is one of the pamphlets which, though it has been sometimes erroneously assigned to Paterson, both on external and internal evidence may be confidently attributed to Defoe, but which has unaccountably escaped the notice of all his biographers.

James Crossley.

UNPUBLISHED EPIGRAM BY SIR W. SCOTT (?).

(Vol. vii., p. 498.)

The lines which your correspondent R. Vincent attributes to Sir Walter Scott are part of an old English inscription which Longfellow quotes in Outremer, p. 66., and thus describes in a note:

"I subjoin this relic of old English verse entire.... It is copied from a book whose title I have forgotten, and of which I have but a single leaf, containing the poem. In describing the antiquities of the church of Stratford-upon-Avon, the writer gives the following account of a very old painting upon the wall, and of the poem which served as its motto. The painting is no longer visible, having been effaced in repairing the church:

"'Against the west wall of the nave, on the south side of the arch, was painted the martyrdom of Thomas à Becket, while kneeling at the altar of St. Benedict, in Canterbury Cathedral. Below this was the figure of an angel, probably St. Michael, supporting a long scroll, upon which were seven stanzas in old English, being an allegory of mortality.'"

The lines given at p. 498. of "N. & Q." seem to be taken from the two following stanzas, which stand third and fourth in the old inscription:

"Erth apon erth wynnys castellys and towrys,