FORE:The ordinance was disallowed at home. Lord Brougham, who had never forgiven his former colleagues the constitution of the Cabinet without his forming a part of it, signalised himself by the extreme bitterness with which he headed the onslaught. The result was that, after protracted debates in both Houses of Parliament, which occupied the whole of the summer, and fill up nearly 500 pages of the Parliamentary Proceedings, the ordinance was annulled by Act of Parliament; but an Act was passed indemnifying Lord Durham and the Canadian authorities. The majority in the Commons was so large that the Opposition did not venture on a division; and in the Lords the disallowance was carried by a majority of 54 to 36. This result occurred on the 10th of August, and Lord Durham saw the news first in the American newspapers. Lords Melbourne and Glenelg softened the matter to him as well as they could; the former communicated the intelligence with the greatest regret and the deepest apprehension as to its consequences. Lord Durham betrayed his mortification unwisely in a proclamation which he immediately issued. As the banishment was an exception to the general amnesty he had published, he informed the prisoners at Bermuda that her Majesty being advised to refuse her assent to the exceptions, the amnesty existed without qualification, and added"No impediment, therefore, exists to the return of the persons who have made the most distinctive admission of guilt, or have been excluded by me from the province on account of the danger to which it would be exposed by their presence."
FORE:The motion of Fox was negatived by a large majority, and on the 21st of June the king prorogued Parliament.
FORE:The beacon light is quenched in smoke,
THREE:The feelings of the constituencies were undergoing a speedy change, and the fact was now being rapidly proved. For three months, whilst the Opposition in the House of Commons were exulting on their majority, the majority amongst the people was sliding from them; and, whilst they were straining every nerve to prevent the dissolution of Parliament, they were only more securely preparing their own fall, for Pitt and the Government had been zealously at work undermining them. The nation was pleased at his bravery, and at his disinterestedness in refusing the sinecure of the Clerkship of the Pells, though his private means were scarcely 300 a year.
THREE:The year 1797 was opened by the suspension of cash payments. The Bank of England had repeatedly represented to Pitt, as Chancellor of the Exchequer, that his enormous demands upon it for specie, as well as paper money, had nearly exhausted its coffers and could not long be continued. The payment of our armies abroad, and the advances to foreign kings, were necessarily made[455] in cash. The Government, in spite of enormous taxation, had already overdrawn its account eleven million six hundred and sixty-eight thousand eight hundred pounds, and the sole balance in the hands of the Bank was reduced to three million eight hundred and twenty-six thousand eight hundred and ninety pounds. Pitt was demanding a fresh loan for Ireland, when a message came from the Bank to say that, in existing circumstances, it could not be complied with. Thus suddenly pulled up, the Privy Council was summoned, and it was concluded to issue an order for stopping all further issue of cash, except to the Government, and except one hundred thousand pounds for the accommodation of private bankers and traders. Paper money was made a legal tender to all other parties, and the Bank was empowered to issue small notes for the accommodation of the public instead of guineas. A Bill was passed for the purpose, and that it might not be considered more than a temporary measure, it was made operative only till June; but it was renewed from time to time by fresh Acts of Parliament. The system was not abolished again till 1819, when Sir Robert Peel brought in his Bill for the resumption of cash payments, and during the whole of that time the depreciation of paper money was comparatively slight.And, in truth, Ney was in the most terrible of situations. When he left Smolensk he was at the head of eight thousand men, but followed by an army of stragglers, whom the cannon of Platoff caused to evacuate Smolensk instantly, leaving behind him five thousand sick and wounded. When they reached the battle-field of Krasnoi they saw the carcases of their late comrades lying in heaps on the ground, and, a little beyond, the Russians in full force occupying the banks of the Losmina, and crowding all the hills around. In spite of this, Ney endeavoured to cut his way through, but failed, after a dreadful slaughter, and only saved one thousand five hundred men of his[52] whole force by retreating and taking another route to the river, where he lost all his baggage, and such sick as he brought with him, for the ice broke with their weight. Pursued by the Cossacks, he came up with Davoust's division on the 20th of November. "When Napoleon," says Segur, "heard that Ney had reappeared, he leaped and shouted for joy, saying, 'Then I have saved my eagles! I would have given three hundred millions sooner than have lost him.'" The losses which troubled Napoleon were those which endangered his own safety or reputation; he thought little of the hundreds of thousands who had perished through this mad expedition; but he rejoiced over the safety of Ney, because he deemed it a pledge that his own escape was also assured.
