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FATHER MATHEW AND THE FAMINE-STRICKEN POOR. (See p. 537.)

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TWO:
FORE:Oxford had sent round a circular to every Whig lord in or near London who had ever belonged to the Privy Council, warning them to come and make a struggle for the Protestant succession. This was one of the most decided actions of that vibratory statesman, and was, no doubt, prompted by his desire to avenge his recent defeat by Bolingbroke, and to stand well at the last moment with the House of Hanover. In consequence of this, the Jacobite Ministers found themselves completely prostrate and helpless in the midst of the strong muster of Whigs. Even the aged and infirm Somers made his appearance, and threw the weight of his great name into the scale. Prompt measures were taken to secure the advent of the new king. Four regiments were ordered to London; seven battalions were sent for from Ostend, where[23] Marlborough was said to have secured their zealous fidelity to the Elector; a fleet was ordered to put to sea to prevent any interruption of his transit, and to receive him in Holland. An embargo was laid on all ports, and Anne the next morning having sunk again into lethargy, the Council ordered the Heralds-at-Arms and a troop of the Life Guards to be in readiness to proclaim her successor. Mr. Craggs was sent express to Hanover to desire the Elector to hasten to Holland, where the fleet would be ready to receive him. The Council also sent a dispatch to the States General, to remind them of the factwhich for a long time and to this moment the English Government appeared itself to have forgottenthat there was such a thing as a treaty, and that by it they were bound to guarantee the Protestant succession. Lord Berkeley was appointed to the command of the fleet, and a reinforcement was ordered for Portsmouth. A general officer was hastened to Scotland, where much apprehension of a movement in favour of the Pretender existed; and, in short, every conceivable arrangement was made for the safe accession of the Protestant king.
FORE:Anne demanded Oxford's resignation. The "dragon," as Arbuthnot styled him, held the White Staff with a deadly grip; but, on the 27th of July, he was compelled to relinquish it, and that afternoon her Majesty stated to the Council her reasons for dismissing him. His confidant and creature, Erasmus Lewis, himself thus records them:"The queen has told all the Lords the reasons of her parting with him, namely, that he neglected all business; that he was seldom to be understood; that when he did explain himself she could not depend upon the truth of what he said; that he never came to her at the time she appointed; that he often came drunk; lastly, to crown all, that he behaved himself towards her with bad manners, indecency, and disrespect."On the 14th of September the Russian army filed through the streets of their beloved but doomed city, with sad looks, furled banners, and silent drums, and went out at the Kolomna gate. The population followed them. Rostopschin had encouraged vast numbers already to transplant all their wealth and stores from the place, and, as his last act, he called up two prisonersa Russian traitor, and a Frenchman who had dropped hostile expressions. The Russian he ordered, with the consent of the culprit's own father, to be put to death; the Frenchman he set at liberty, telling him to go to Buonaparte and say that but one traitor had been found in Russia, and him he had seen cut to pieces. Rostopschin then mounted his horse and rode after his countrymen, having first[47] ordered all the gaols to be set open, and their wretched inhabitants to be allowed to make their escape.
FORE:Very important events had during this time been taking place in Europe. In the north, Russia, checked in its encroachments on Turkey for the present, turned its eyes on the inviting region of Poland. Poland, after neglecting its own internal improvement, and the raising of the condition of its people, so as to give them a[396] real interest in the defence of the country, had suddenly set about establishing a new Constitution, very much on the model of the French Revolutionary one. The Diet declared the throne hereditary, and not elective, as hitherto; and Stanislaus Augustus, the kingthat is, Poniatowski, the former lover and favourite of Catherine of Russiawas wholly agreeable to this. The Diet proposed the Elector of Saxony as Poniatowski's successor, the king having no children. It also admitted the burgher class into its body. As there was a strong party, however, in opposition to the popular party, the patriots met secretly, and not only pledged themselves to the new Constitution, but to pass it en masse and at once, without canvassing the particular articles of it. The king, being privy to this, on the 3rd of May, 1791, entered the hall of the Diet. The new Constitution was read, passed by a majority, and signed by the king. Stanislaus then led the way to the cathedral, where he was followed by all the nuncios except twelve, and there both he and they swore to maintain this new Constitution. An unexpected difficulty was found in persuading the Elector of Saxony to accept the Crown; for, though both Russia and Prussia still professed friendship for Poland, he was too well aware of the designs of Russia on Poland to accept the dangerous post without much hesitation. At length, in the month of April, 1792, the Elector gave his reluctant consent, but not without stipulating that they should give more power to the sovereign, and limit more that of the Diet; that the right of determining peace and war should belong to the king, as well as the authority over the army. He objected to a number of things, evidently borrowed from the revolutionary French, such as the oath taken to the nation, and the education of the heir by the Diet, just as the National Assembly had claimed the right to educate the Dauphin.FIGHTING AT THE BARRICADES IN PARIS. (See p. 551.)
FORE:The news from Boston could not have arrived at a moment when the public mind was more ill-disposed towards the Americans. The affair of the abstraction of Mr. Whately's private letters from his house or office, and their publication, contrary to custom and to its own engagement, by the Massachusetts Assembly, had produced a deep conviction in all classes in England of the utter disregard of honour both in the American colonists and their agent, Franklin. This disgraceful violation of the sacred security of private papers roused the indignation of Mr. William Whately, banker, in Lombard Street, and brother to the late Mr. Thomas Whately. He conceived strong suspicions of John Temple, afterwards Sir John Temple, Lieutenant-Governor of New Hampshire, and, though one of the Commissioners of Customs at Boston, really hostile to the Commission, and a strong partisan of Franklin. Whately challenged Temple, and was severely wounded in the rencontre. At this, Franklin came forward with an avowal that neither the late Mr. Whately nor Mr.[211] Temple had anything to do with the carrying off of the letters; that he alone was responsible for this act.
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FORE:The main subject for consideration at that moment was the policy of continuing the Act for the suppression of the Catholic Association, which was to expire at the end of the Session of 1828. In connection with this subject a letter from Lord Anglesey came under the Ministry's consideration. "Do keep matters quiet in Parliament," he said, "if possible. The less that is said of Catholic and Protestant the better. It would be presumptuous to form an opinion, or even a sanguine hope, in so short a time, yet I cannot but think there is much reciprocal inclination to get rid of the bugbear, and soften down asperities. I am by no means sure that even the most violent would not be glad of an excuse for being less violent. Even at the Association they are at a loss to keep up the extreme irritation they had accomplished; and if they find they are not violently opposed, and that there is no disposition on the part of Government to coercion, I do believe they will dwindle into moderation. If, however, we have a mind to have a good blaze again, we may at once command it by re-enacting the expiring Bill, and when we have improved it and rendered it perfect, we shall find that it will not be acted upon. In short, I shall back Messrs. O'Connell's and Sheil's, and others' evasions against the Crown lawyers' laws."
FORE:
FORE:[See larger version]The preparations for invasion turned the attention of the British Government to ports where it was supposed the troops would be embarked. Ostend was regarded with particular suspicion, and Sir Home Popham was sent in May with a small squadron, conveying a thousand men, under Colonel Coote, to destroy the ships and sluices of the Bruges canal there. The troops were landed, and did their work, but found themselves unable to regain the ships from the violence of the wind and the surf, and were surrounded and compelled to surrender. In the autumn of this year Admiral Duckworth sailed for Minorca, and landed eight hundred men, under Sir Charles Stuart, who readily made themselves masters of the island.
FORE:WILLIAM PITT. (After the Portrait by John Hoppner, R.A.)The expedition against England was at this moment actually in motion. The squadrons of Brest and Rochefort were already united under the command of Admiral Roquefeuille, and sailing up the Channel to clear the way for the transports containing the soldiers. Sir John Norris had been appointed Admiral of our Channel fleet, consisting of twenty-one ships of the line. He had lain at Spithead, but had quitted that station and sailed into the Downs, where he was joined by other ships from Chatham; and thus was not only superior in number to the French, but had the advantage of being well acquainted with the coasts, he having long been Captain of Deal Castle. Roquefeuille sailed right up to the Isle of Wight, and, observing no vessels off Spithead, he, in his French egotism, concluded that the fleet had sought shelter in Portsmouth harbour. He therefore lost no time in despatching a small vessel to Dunkirk to hasten on his armament. Seven thousand men were instantly sent on board transports, and the prince and Marshal Saxe, who was to take command of the land force, accompanied them. Roquefeuille, meanwhile, proceeding on his voyage, came to anchor off Dungeness, which he had no sooner done than he beheld the British fleet bearing down upon him in much greater force than his own, for he had only fifteen ships of the line and five frigates. The destruction of the French fleet appeared inevitable, but Sir John Norris this time justly incurred the censure of lingering. He thought, from the state of the tide and the approach of night, it was better to defer the attack till morning; and, when morning came, no Frenchmen were to be seen. The French admiral, much more active than poor old Sir John, had slipped his cables and made the best of his way homewards.
TWO:In Ireland the effervescence assumed the shape of resistance to commercial injustice. It was, indeed, impossible to condemn too strongly the injustice which that country had endured for ages, and in nothing more than in the flagrant restrictions heaped upon its commerce and manufactures in favour of English interests. The Irish now seized on the opportunity while America was waging war against the very same treatment to imitate the American policy. They formed associations in Dublin, Cork, Kilkenny, and other[259] places, for the non-importation of British goods which could be manufactured in Ireland, till England and Ireland were placed on an equal footing in all that related to manufactures and commerce. Ministers, who had turned a deaf ear for years, and almost for ages, to such complaints, were now alarmed, especially as there was a rumour of French invasion, which might be so materially aided by disaffection in Ireland. They therefore made a pecuniary grant to relieve the commercial distress in Ireland, and passed two Acts for the encouragement of the growth of tobacco and hemp, and the manufacture of linen in that island. These concessions, however, were not deemed sufficient, and the people formed themselves into Volunteer Associations, appointing their own officers, and defraying the cost of their own equipments. This was done under the plea of the danger of invasion; but Government knew very well that American agents had been very busy sowing discontent in Ireland, and they saw too much resemblance in these things to the proceedings on the other side of the Atlantic not to view them with alarm. The Marquis of Rockingham, who had been well instructed in the real grievances of Ireland by Burke, moved in the House of Lords, on the 11th of May, for the production of all papers necessary to enable the House to come to a full understanding of the trade of Ireland and of mercantile restrictions on it with a view to doing impartial justice to that kingdom. Lord Gower promised that these should be ready for production next Session.
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TWO:The Great Seal had remained in commission ever since the resignation of Sir Robert Peel, and it was supposed to be reserved for Lord Brougham when the king's objections to his reappointment should be overcome. Such, however was not the case, as Lord Melbourne was determined to have nothing more to do with him. On the 1st of January, 1836, Sir Charles Pepys, Master of the Rolls, was appointed to the office of Lord Chancellor, and created a peer by the title of Lord Cottenham. At the same time Mr. Henry Bickersteth, appointed Master of the Rolls, was called to the Upper House by the title of Baron Langdale. Lord Brougham, thus passed over, was too ill to make any protest, but before long he assumed an attitude of active opposition to the Ministry. Parliament was opened by the king in person on the 4th of February, 1836, in a Speech remarkable for the number and variety of its topics. It gave the usual assurances of the maintenance of friendly relations with all Foreign Powersexpressed regret at the continuance of the civil contest in the northern provinces of Spain, and hope of a successful result to our mediation between France and the United States. Referring to domestic affairs, the state of commerce and manufactures was declared to be highly satisfactory; but difficulties continued to press on agriculture. Measures were to be submitted for increasing the efficiency of the Church, for the commutation of tithes, for alleviating the grievances of Dissenters; and improvements in the administration of justice were recommended, especially in the Court of Chancery. The special attention of Parliament was directed to the condition of the poor of Ireland, and it was suggested that as experience had proved the salutary effect of the Poor Law Amendment Act in England, a similar measure might be found useful in alleviating the social condition of Ireland. Allusion was also made to the reform of Irish corporations, and the adjustment of the Irish Tithe question, which we have already disposed of in preceding pages. Chiefly with reference to these questions, amendments to the Address were moved in both Houses; in the Upper by the Duke of Wellington, whose amendment was carried without a division; in the Commons Ministers won by 284 against 243.The progress in the manufacture of hardware is strikingly exhibited by the increase of the population of Birmingham. According to the census of 1821, it was 106,722; in 1831 it was 146,986; in 1841 it was 181,116, showing an increase of 80 per cent. in twenty years. The number of houses during the same period was nearly doubled. Mr. Babbage has given a table, extracted from the books of a highly respectable house in Birmingham, showing the reduction in the price of various articles made of iron between 1812 and 1832, which varied from 40 to 80 per cent. The exportation of cutlery from England amounted in 1820 to about 7,000 tons; in 1839 it was 21,000 tons. Since 1820 the annual value of the exportations of hardware and cutlery increased about 50 per cent. The town of Sheffield is another remarkable instance of the growth of population in consequence of the manufacture of cutlery. In 1821 the population was 65,275; in 1841 it was 111,000. The various manufacturers of cutlery and plated goods, and the conversion of iron into steel, employed in 1835 upwards of[420] 560 furnaces. The declared value of British-made plated ware, jewellery, and watches, exported from the United Kingdom in 1827 was 169,456; in 1839 it amounted to 258,076. The value of machinery shipped to foreign countries in 1831 was only 29,000; in 1836 it was 166,000; in 1837, 280,000; and in 1840, 374,000.
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TWO:Wolfe raised batteries at Point Levi and on the island, and bombarded the town, but he could not draw the wary Montcalm from his strong position. In his front lay the river and some unapproachable sandbanks, behind and around him rocks and dense woods inaccessible. Once only he made a rush across the river, and endeavoured, with a detachment of one thousand six hundred men, to gain the batteries on Point Levi; but his troops soon saw the attempt to be hopeless, and retired. No measures were neglected by Wolfe, on his part, to draw Montcalm from his position. He marched along the banks of the Montmorency opposite to him, and made feints as if he would cross it somewhere above him, but to no purposeMontcalm knew his advantage. Wolfe wrote home, that if Montcalm had but shut himself up in Quebec, he could have taken the town very easily, but he could not readily force him from his admirable position. Growing at length impatient, he determined to attack him where he was, and he dispatched Admiral Holmes up the river with a number of transports, as though he contemplated something in that quarter. He then landed, on the 31st of July, a body of troops near the mouth of the Montmorency, which there falls three hundred feet into the St. Lawrence. He had discovered a ford at some distance up the river, and dispatched Brigadier Townshend to cross there and attack Montcalm in flank, whilst he himself, by means of the ships and their boats, gained the beach and attacked in front. The Centurion man-of-war was placed to engage a battery which swept the place of landing, and then the troops were conveyed in boats, which drew little water, towards the shore. Some of these, however, got entangled amongst rocks, and created a delay in getting them off. By this time the French were hurrying down towards the landing-place with their artillery, and began to fire murderously from the banks above upon them. Wolfe, seeing that Townshend would cross the ford before they were ready to co-operate, sent an officer to recall him. At this time, the Grenadiers having reached the beach, rushed forward upon the entrenchments before the rest of the troops could be got out of the boats to support them. They were met by such a destructive fire that they were compelled to fall back with much slaughter. By this time night was setting in, attended by a storm, the roaring of which, mingling with the roar of the mighty St. Lawrence as the tide fell, seemed to warn them to recover their camp. The word was given to re-cross the river, and they made good their retreat without the French attempting to pursue them, though the Indians lurked in the rear to scalp such of the dead and such of the wounded as could not be brought off.[See larger version]

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The feeling of humanity that gained ground among the masses powerfully affected the middle classes. The consequence was that the state of public feeling produced by the practical inculcation of Christianity and the diffusion of knowledge compelled our legislature to change its system, despite the obstinate resistance of Lords Eldon and Ellenborough, hardened by a long official familiarity with the destructive operation of legal cruelty. How fearful the amount of that destruction was we may infer from the calculation of Mr. Redgrave, of the Home Office, who stated that had the offences tried in 1841 been tried under the laws of 1831, the eighty capital sentences would have been increased to 2,172. Mr. Redgrave gave the following succinct history of the mitigation of the criminal code during the reigns of George IV. and William IV., in a series of enactments which were extorted from a reluctant Legislature by society, humanised through the education of the masses:In 1826, 1827, and 1828 Sir Robert Peel carried several very important Bills for the consolidation and amendment of the criminal laws, but these Bills did not abolish capital punishments. That statesman, indeed, made it a matter of boast that he did not constitute any new capital felonies, and pointed out an instance in which he had abated the capital punishment by increasing from 40s. to 5, the sum of which the theft in a dwelling-house constituted a capital offence, and by widening the technical description of a dwelling. In 1830 Sir Robert Peel brought in his Forgery Bill, and petitions were poured into the House from all quarters against the re-enactment of the severe penalties for this offence. Sir James Mackintosh again took up the subject, and moved that the capital punishment be struck out from the Bill. He was unsuccessful; but in the last stage of the measure Mr. Spring-Rice was enabled to defeat the Ministry by a majority of 151 to 138, and to remove the sentence of death from the Bill. It was, however, restored by the Lords, and the Bill, as altered, was suffered to pass the House of Commons at the end of the Session. In 1832 two most important Bills for abolishing capital punishments were passed. Mr. Ewart, assisted by the Government, was able to carry a Bill abolishing the punishment of death in cases of horse, sheep, and cattle stealing, and larceny in a dwelling-house. He was opposed by Sir Robert Peel, and an amendment was made in the Lords, subjecting these offences to the fixed penalty of transportation for life. At the same time, Ministers brought in a Bill for abolishing capital punishment in cases of forgery. The Bill was introduced into the Commons by the Attorney-General, and into the House of Lords by the Lord Chancellor. It passed into law, but an amendment was made in the House of Lords, under protest of the Lord Chancellor, exempting the forgery of wills and powers of attorney to transfer stock, which offences were left capital. In 1833 Mr. Leonard carried his Bill for abolishing capital punishment for housebreaking, executions for which offence were continued down to 1830. In 1834 Mr. Ewart carried a Bill for abolishing capital punishment for returning from transportation, and in the following year for sacrilege and letter-stealing. This was the state of the criminal law when Lord John Russell brought in Bills for its mitigation, founded on the report of a committee which Government had appointed. The little progress which Sir S. Romilly and Sir J. Mackintosh had made in opposition to the Governments of their day will be seen by the foregoing sketch, as well as the extensive and salutary changes which followed. Lord John Russell's Bills effected an extensive abolition of the sentence of death, and a mitigation of the secondary punishments. He was enabled to abolish capital punishments in all cases but murder and attempts to murder where dangerous bodily injuries were effected; burglary and robbery when attended with violence or wounds; arson of dwelling-houses where life was endangered; and six other offences of[427] very rare occurrence. The number of capital convictions in 1829 was 1,385; and in 1834, three years after the extensive abolition of capital punishments, the number was reduced to 480.It was arranged that the coronation should take place early in the summer of 1821, and the queen, who in the interval had received an annuity of 50,000, was resolved to claim the right of being crowned with the king. She could hardly have hoped to succeed in this, but her claims were put forth in a memorial complaining that directions had not been given for the coronation of the queen, as had been accustomed on like occasions, and stating that she claimed, as of right, to celebrate the ceremony of her royal coronation, and to preserve as well her Majesty's said right as the lawful right and inheritance of others of his Majesty's subjects. Her memorial was laid before the Privy Council, and the greatest interest was excited by its discussion. The records were brought from the Tower: the "Liber Regalis" and other ancient volumes. The doors continued closed, and strangers were not allowed to remain in the adjoining rooms and passages. The following official decision of the Privy Council was given after some delay:"The lords of the committee, in obedience to your Majesty's said order of reference, have heard her Majesty's Attorney- and Solicitor-General in support of her Majesty's said claim, and having also heard the observations of your Majesty's Attorney- and Solicitor-General thereupon, their lordships do agree humbly to report to your Majesty their opinions, that as it appears to them that the Queens Consort of this realm are not entitled of right to be crowned at any time, her Majesty the queen is not entitled as of right to be crowned at the time specified in her Majesty's memorials. His Majesty, having taken the said report into consideration, has been pleased, by and with the advice of the Privy Council, to approve thereof." The queen's subsequent applications, which included a letter to the king, were equally unsuccessful.THE MOB BOARDING THE GRAIN SHIP AT GARRY KENNEDY. (See p. 484.)Oxford had sent round a circular to every Whig lord in or near London who had ever belonged to the Privy Council, warning them to come and make a struggle for the Protestant succession. This was one of the most decided actions of that vibratory statesman, and was, no doubt, prompted by his desire to avenge his recent defeat by Bolingbroke, and to stand well at the last moment with the House of Hanover. In consequence of this, the Jacobite Ministers found themselves completely prostrate and helpless in the midst of the strong muster of Whigs. Even the aged and infirm Somers made his appearance, and threw the weight of his great name into the scale. Prompt measures were taken to secure the advent of the new king. Four regiments were ordered to London; seven battalions were sent for from Ostend, where[23] Marlborough was said to have secured their zealous fidelity to the Elector; a fleet was ordered to put to sea to prevent any interruption of his transit, and to receive him in Holland. An embargo was laid on all ports, and Anne the next morning having sunk again into lethargy, the Council ordered the Heralds-at-Arms and a troop of the Life Guards to be in readiness to proclaim her successor. Mr. Craggs was sent express to Hanover to desire the Elector to hasten to Holland, where the fleet would be ready to receive him. The Council also sent a dispatch to the States General, to remind them of the factwhich for a long time and to this moment the English Government appeared itself to have forgottenthat there was such a thing as a treaty, and that by it they were bound to guarantee the Protestant succession. Lord Berkeley was appointed to the command of the fleet, and a reinforcement was ordered for Portsmouth. A general officer was hastened to Scotland, where much apprehension of a movement in favour of the Pretender existed; and, in short, every conceivable arrangement was made for the safe accession of the Protestant king.This was no idle threat; the guards at Dublin castle and at the several barracks were doubled; Alborough House, commanding the road to Clontarf, was garrisoned; the streets on the north side of the city were patrolled by parties of soldiers during the night. Three war steamers were placed in the Liffey, with their guns run out, commanding the ground where the meeting was to be held; while the guns at the Pigeon House fort at the mouth of the river, right opposite Clontarf, were so placed as to sweep the road to it. The village was occupied by the 5th Dragoon Guards, the 60th Rifles, the 11th Hussars, the 54th Regiment of Infantry, and a brigade of Royal Horse Artillery; the infantry being commanded by Colonel Fane, the cavalry by Lord Cardigan, and the artillery by Colonel Higgins. The men and horses were provisioned for twenty-four hours, and each soldier was furnished with sixty rounds of ball cartridge. A crisis had now come; a collision between the troops and O'Connell's army of teetotallers was imminent, and even he could have no doubt of the[531] issue. He seemed to stand appalled on the edge of the precipice to which he had brought his deluded followers, and shrinking from the consequences, he made all possible haste to save them. As soon as the proclamation was issued, he called a special meeting of the Repeal Association, and announced that in consequence of the measures taken by the Government, which he denounced as "the most base and imbecile step ever taken," there would be no meeting at Clontarf the next day. He submitted a counter-proclamation, which was adopted and posted up that evening throughout the city beside the Government proclamation. It was also sent by special messengers to the neighbouring towns and villages. The preventive measures taken on both sides were completely successful. No mounted Repealers came in from the country, and though vast multitudes went out from Dublin to view the military demonstrations, their meeting with the Queen's forces was quite amicable. They were allowed to see the spectacle, but they were compelled to move on along the high road, which they did very good-humouredly.On the 8th of February Lord John Russell brought forward the paragraph of the Speech relating to agricultural distress, and moved for a select committee to inquire into the causes of the depression of the agricultural interest, although he confessed that he did not anticipate any satisfactory result from the investigation. In this the noble lord did not miscalculate, for after sitting for eight months the committee could not agree to any report, and all the benefit they conferred upon the public was an outline of the evidence which was laid before the House at the end of the Session. On the 9th and the 12th the same Minister submitted three measures to the House, which were passed into law this Sessionnamely, a Bill for the Commutation of Tithes in England; a Bill for a General Registration of Marriages, Births, and Deaths; and another for the amendment of the Law of Marriage. On the 16th of this month Mr. Hardy brought before the House of Commons the case of Mr. O'Connell and Mr. Raphael. The latter gentleman was one of the sheriffs of London, and he wished to represent an Irish constituency. Mr. O'Connell thought it was possible to get him in for the borough of Carlow; but he warned him that the expenses would be 2,000, and that this sum should be deposited in a bank as a preliminary, "say 2,000." It was alleged that this was a corrupt bargain, and Mr.[401] O'Connell was accused of selling a Parliamentary seat. Mr. Hardy, therefore, moved for a select committee to investigate the transaction. The committee was obtained, and the result was a complete acquittal of Mr. O'Connell. So strong, however, was the feeling against him that no less than sixty members of Brooks's Club resigned, having failed to procure his expulsion.On the 21st of March a Committee which had been appointed early in the Session to inquire into the public income and expenditure, and to suggest what might in future be calculated on as the clear revenue, presented its report through Mr. Grenville, their chairman. On the 29th, Pitt, in a Committee of the whole House, entered upon the subject, and detailed the particulars of a plan to diminish progressively and steadily the further debt. It appeared from the report of the select Committee that there was, at present, a clear surplus revenue of nine hundred thousand pounds sterling, and that this surplus could, without any great additional burthen to the public, be made a million per annum. This he declared to be an unexpected state of financial vigour after so long and unfortunate a war. The plan which he proposed was to pay two hundred and fifty thousand pounds quarterly into the hands of Commissioners appointed for the purpose to purchase stock to that amount, which was under par, or to pay stock above par, and thus cancel so much debt. In addition to this, the annuities for lives, or for limited terms, would gradually cancel another portion. All dividends arising from such purchases were to be similarly applied. Pitt calculated that by this process, and by the compound interest on the savings to the revenue by it, in twenty-eight years no less than four millions sterling per annum of surplus revenue would be similarly applied, or employed for the exigencies of the State. By this halcyon process he contemplated the eventual extinction of that enormous debt, to pay the mere interest of which every nerve had been stretched, and every resource nearly exhausted. In a delightful state of self-gratulation, Pitt declared that he was happy to say that all this was readily accomplishable; that we had nothing to fear, except one thingthe possibility of any Minister in need violating this fund. Had the original Sinking Fund, he said, been kept sacred, we should have had now very little debt. To prevent the recurrence of this fatal facility of Ministers laying their hands on this Fund, he proposed to place it in the hands of Commissioners, and he declared that "no Minister could ever have the confidence to come down to that House and desire the repeal of so beneficial a law, which tended so directly to relieve the people from their burthens." He added that he felt that he had by this measure "raised a firm column, upon which he was proud to flatter himself that his name might be inscribed." He said not a word about the name of Dr. Price being inscribed there, to whom the whole merit of the scheme belonged; he never once mentioned his name at all. On his own part, Dr. Price complained not of this, but that he had submitted three schemes to Pitt, and that he had chosen the worst.
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