Note 10 — THE LIFE OF DE FOE, BY GEORGE CHALMERS, ESQ.

These views of Mr. Chalmers seem confirmed by De Foe's own severe comments on the distraction caused to tradesmen by an over-indulgence in literary pursuits. In his Complete Tradesman, one of the most valuable practical books that was ever published, and which should be the manual of every young man beginning business, he says, "a wit turned tradesman! no apron-strings will hold him; it is in vain to lock him behind the counter, he is gone in a moment. Instead of journal and ledger, he runs away to his Virgil and Horace; his journal entries are all Pindarics, and his ledger is all heroics. He is truly dramatic from one end to the other through the whole scene of his trade; and as the first part is all comedy, so the two last acts are always made up with tragedy; a statute of bankrupt is his exeunt omnes, and he generally repeats the epilogue in the Fleet prison or the Mint." [See ante, vol. xvii.] He is also very severe against tradesmen who are led away into expensive pleasures and idle company. But Mr. Wilson vindicates De Foe, in some degree, by showing from his own statements that he had been the victim of the fraud of others, as well as of his own imprudent habits. In one of the Reviews, [vol. iii. p. 70.] he says, that "nothing was more frequent than for a man in full credit to buy all the goods he could lay his hands on, and carry them directly from the house he bought them at into the Fryars, and then send for his creditors, and laugh at them, insult them, showing them their own goods untouched, offer them a trifle in satisfaction, and if they refuse it, bid them defiance. I cannot refrain vouching this of my own knowledge, since I have more than many times been served so myself." Certainly under such a monstrous system of abuse, an honest tradesman must have been at great disadvantage.—Ed.