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The works of Allan Ramsay

edited by Burns Martin ... and John W. Oliver [... and Alexander M. Kinghorn ... and Alexander Law]

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THE RISE and FALL OF STOCKS, 1720.
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
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176

THE RISE and FALL OF STOCKS, 1720.

An Epistle to the Right Honourable my Lord Ramsay, now in Paris.

Your Pettifoggers damn their Souls!
To share with Knaves in cheating Fools,
And Merchants vent'ring on the Main
Slight Pirates, Rocks, and Horns for Gain.
Hudibras.

My Lord,

Withoutten Preface or Preamble,
My Fancy being on the Ramble;
Transported with an honest Passion,
Viewing our poor bambouzl'd Nation,
Biting her Nails, her Knuckles wringing,
Her Cheek sae blae, her Lip sae hinging;
Grief and Vexation's like to kill her,
For tyning baith her Tick and Siller.

177

Allow me then to make a Comment
On this Affair of greatest Moment
Which has fa'n out, my Lord, since ye
Left Lothian and the Edge-well Tree:
And, with your Leave, I needna stickle
To say we're in a sorry Pickle,
Since Poortith o'er ilk Head does hover
Frae John a Groat's House , South to Dover.
Sair have we pelted been with Stocks,
Casting our Credit at the Cocks.
Lang guilty of the highest Treason
Against the Government of Reason;
We madly at our ain Expences,
Stock-job'd away our Cash and Senses.
As little Bairns frae Winnocks hy
Drap down Saip Bells to waiting Fry,
Wha run and wrestle for the Prize,
With Face erect and watchfou' Eyes;
The Lad wha gleggest waits upon it,
Receives the Bubble on his Bonnet,
Views with Delight the shining Beau-thing,
Which in a Twinkling bursts to Nothing.
Sae Britain brought on a' her Troubles,
By running daftly after Bubles.
Impos'd on by langnebit Juglers,
Stock-Jobbers, Brokers, cheating Smuglers,
Wha set their Gowden Girns sae wylie,
Tho ne'er sae cautious they'd beguile ye.
The covetous Infatuation
Was smittle out o'er a' the Nation,

178

Clergy and Lawyers and Physicians,
Mechanicks, Merchants, and Musicians;
Baith Sexes of a' Sorts and Sizes
Drap'd ilk Design and jobb'd for Prizes.
Frae Noblemen to Livery Varlets,
Frae topping Toasts to Hackney Harlots.
Poetick Dealers were but scarce,
Less browden still on Cash than Verse;
Only ae Bard to Coach did mount
By singing Praise to Sir John Blount;
But since his mighty Patron fell,
He looks just like Jock Blunt himsel.
Some Lords and Lairds sell'd Riggs and Castles,
And play'd them aff with tricky Rascals,
Wha now with Routh of Riches vapour,
While their late Honours live on Paper.
But ah! the Difference 'twixt good Land,
And a poor Bankrupt Bubble's Band.
Thus Europeans Indians rifle,
And give them for their Gowd some Trifle;
As Deugs of Velvet, Chips of Christal,
A Falcon's Bell, or Baubie Whistle.
Merchants and Bankers Heads gade wrang,
They thought to Millions they might spang;
Despis'd the virtuous Road to Gain,
And look'd on little Bills with Pain:
The well win Thousands of some Years,
In ae big Bargain disappears.
'Tis sair to bide, but wha can help it,
Instead of Coach, on Foot they skelp it.

179

The Ten per Cents wha durstna venture,
But lent great Sums upon Indenture,
To Billies wha as frankly war'd it,
As they out of their Guts had spar'd it,
When craving Money they have lent,
They're answer'd, Item, A' is spent.
The Miser hears him with a Gloom,
Girns like a Brock and bites his Thumb,
Syne shores to grip him by the Wyson,
And keep him a' his Days in Prison.
Sae may ye do, replies the Debter,
But that can never mend the Matter:
As soon can I mount Charle-wain,
As pay ye back your Gear again.
Poor Mouldy rins quite by himsel,
And bans like ane broke loose frae Hell.
It lulls a wee my Mullygrubs,
To think upon these bitten Scrubs,
When naething saves their vital Low,
But the Expences of a Tow.
Thus Children oft with carefu' Hands,
In Summer dam up little Strands,
Collect the Drizel to a Pool,
In which their glowing Limbs they cool;
Till by comes some ill-deedy Gift,
Wha in the Bulwark makes a Rift,
And with ae Strake in Ruins lays,
The work of Use, Art, Care and Days.
Even Handy-crafts-men too turn'd saucy,
And maun be Coaching't thro' the Causy;
Syne stroot fou paughty in the Alley,
Transferring Thousands with some Valley:

180

Grow rich in Fancy, treat their Whore,
Nor mind they were, or shall be poor.
Like little Joves they treat the Fair,
With Gowd frae Banks built in the Air;
For which their Danaes lift the Lap,
And compliment them with a Clap,
Which by aft jobbing grows a Pox,
Till Brigs of Noses fa' with Stocks.
Here Coachmen, Grooms, or Pasment Trotter,
Glitter'd a while, then turn'd to Snoter:
Like a shot Starn, that thro' the Air
Skyts East or West with unko Glare,
But found neist Day on Hillock Side,
Nae better seems nor Paddock Ride.
Some Reverend Brethren left their Flocks,
And sank their Stipends in the Stocks;
But tining baith, like Æsop's Colly,
O'er late they now lament their Folly.
For three warm Months, May, June, and July,
There was odd scrambling for the Spulzy;
And mony a ane, till he grew tyr'd,
Gather'd what Gear his Heart desir'd.
We thought that Dealer's Stock an ill ane,
That was not wordy haf a Million.
O had this Golden Age but lasted,
And no sae soon been broke and blasted,
There is a Person well I ken
Might wi' the best gane right far ben;
His Project better had succeeded,
And far less Labour had he needed:

181

But 'tis a Daffin to debate,
And aurgle-bargain with our Fate.
Well, had this Gowden Age but lasted,
And no so soon been broke and blasted,
O wow, my Lord, these had been Days
Which might have claim'd your Poet's Lays;
But soon alake! the mighty Dagon
Was seen to fa' without a Rag on.
In Harvest was a dreadfu' Thunder,
Which gart a' Britain glowr and wonder;
The phizzing Bowt came with a Blatter,
And dry'd our great Sea to a Gutter.
But mony Fowk with Wonder speir,
What can become of a' the Gear?
For a' the Country is repining,
And ilka ane complains of tining.
Plain Answer I had best let be,
And tell ye just a Similie.
Like Belzie when he nicks a Witch
Wha sells her Sauls she may be rich;
He finding this the Bait to damn her,
Casts o'er her Een his cheating Glamour:
She signs and seals, and he affords
Her Heaps of visionary Hoords;
But when she comes to count the Cunzie,
'Tis a' Sklate-stanes instead of Money.
Thus we've been trick'd with braw Projectors,
And faithfu' managing Directors,
Wha for our Cash, the Saul of Trade,
Bonny Propines of Paper made;
On footing clean, drawn unco' fair,
Had they not vanisht into Air.

182

When South-Sea Tyde was at a Hight,
My Fancy took a daring Flight,
Thalia, lovely Muse, inspired
My Breast, and me with Fore-sight fired;
Rapt into future Months, I sa'
The rich Aerial Babel fa'.
'Yond Seas I saw the Upstarts drifting,
Leaving their Coaches for the lifting.
These Houses fit for Wights gane mad,
I saw cramm'd fou as they cou'd had;
While little Sauls sunk with Despair,
Implor'd cauld Death to end their Care.
But now a sweeter Scene I view,
Time has, and Time shall prove I'm true;
For fair Astrea moves frae Heav'n,
And shortly shall make a' Odds Ev'n.
The honest Man shall be regarded,
And Villains as they ought rewarded.
The setting Moon and rosie Dawn
Bespeak a shining Day at Hand;
A glorious Sun shall soon arise,
To brighten up Britannia's Skies.
Our King and Senate shall engage
To drive the Vultures off the Stage:
Trade then shall flourish, and ilk Art,
A lively Vigour shall impart
To Credit languishing and famisht,
And Lombard-street shall be replenisht.
Got safe ashore after this Blast,
Britons shall smile at Follies past.
God grant your Lordship Joy and Health,
Lang Days and Rowth of real Wealth;
Safe to the Land of Cakes Heav'n send ye,
And frae cross Accidents defend ye.
Edinb. March 25, 1721.
 

An Oak Tree which grows on the Side of a fine Spring, nigh the Castle of Dalhousie, very much observed by the Country People, who give out, that before any of the Family died, a Branch fell from the Edge-well Tree. The old Tree some few Years ago fell altogether, but another sprung from the same Root, which is now tall and flourishing, and lang be't sae.

The Northmost House in Scotland.

Vide Dick Franklin's Epistle.

This is commonly said of a Person who is out of Countenance at a Disapointment.

Mad, out of his Wits.

A Rogish Boy, who is seldom without doing a bad Action.

Danae the Daughter of Acrisius King of Argos, to whom Jupiter descended in a Shower of Gold.

Meaning my self, with Regard to my printing this Volume by Subscription.

Wealth or the Woody, wrote in the Month of June last.