[Letter] 1813 December 3, Newington Green [to] Jeremy Bentham, London

   It fortunately happens that Mr. Lamb 
is here. He says, if stock is bought im
mediately, it ought to be done tomorrow 
morning early, before the contractors have 
been with the Chancellor of the Exchequer 
because they always exert themselves to 
depress before the loan, & use every pos
sible means to revise immedeately after. 
He thinks therefore, that there will be 
a rise in price for some little time; 
but that it will not be of long con
tinuance. Your election is therefore between 
having it done at the earliest hour 
tomorrow morning, or waiting for a 
fortnight or three weeks. Which of the 
two is best, he says, no body can tell. 
The weight of the loan, & the present 
good news growing stale, he seems to 
think, throw the balance on the side of 
delay.
   I know no means I could use to see 
Ricardo, in time for your determination 
about tomorrow, - because he is not in 
his own house, to what his family have 
not yet come, but living sometimes 
with one of his brothers, sometimes with 
another - and if I was to go to the 
Stock Exchange tomorrow morning, he 
is sure not to be there, till after they 
have been with the ministers.
   The best thing, therefore, I can do, 
is to send you back the letter to the 
Bankers, that you may determine whether 
or not you will purchase early tomorrow. 
If you should not, there will be abun
dant time to counsell Ricardo, about sub
sequent proceedings. 
The having bought can be no obstruction 
to a share of an other loan, because the 
stock can be easily transferred.
   Lamb says money has been plentiful 
in the market all the summer - but is 
not more plentiful now, than for some 
time past.
   If stocks. however do not open tomorrow 
with a rise, which (it being contracting 
day, & expectation on tip-top) may be 
the case, I should be pro purchasing - 
if they do open with a rise, I think 
I should wait.

            1813 Dec 3d. J.Mill Newing[ton] 
                                    Gree[n] 
             to J.B.Q.S.P. 
                Disposal of the 
                ￡23,000. 
                Lamb's Advice.