Then Mr. Hale brought all his budget of grievances, and laid it before Mr. Thornton, for him, with his experience as a master, to arrange them, and explain their origin; which he always did, on sound economical principles; showing that, as trade was conducted, there must always be a waxing and waning of commercial prosperity; and that in the waning a certain number of masters, as well as of men, must go down into ruin, and be no more seen among the ranks of the happy and prosperous. 
Mr. Hale laid these grievances before Mr. Thornton, for him to explain their origin; which he did, on sound economical principles, showing that in trade there must always be a waxing and waning of commercial prosperity; and that in the waning a certain number of masters, as well as of men, must go down into ruin.
