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THREE:Sir Robert Peel then rose. He said that the immediate cause which had led to the dissolution of the Government was "that great and mysterious calamity which caused a lamentable failure in an article of food on which great numbers of the people in this part of the United Kingdom and still larger numbers in the sister kingdom depended mainly for their subsistence." But he added, "I will not assign to that cause too much weight. I will not withhold the homage which is due to the progress of reason, and to truth, by denying that my opinions on the subject of Protection have undergone a change." This announcement was received in profound silence from the Ministerial benches, but with triumphant cheering from the Opposition. Protection, he said, was not a labourer's question. High prices did not produce high wages, nor vice versa. In the last three years, with low prices and abundance of food, wages were comparatively high, and labour was in demand. In the three years preceding, with high[522] prices and scarcity, wages were low and employment was scarce. Experience thus proved that wages were ruled by abundance of capital and demand for labour, and did not vary with the price of provisions. Again, increased freedom of trade was favourable to the prosperity of our commerce. In three scarce and dear years, namely, from 1839 to 1841, our foreign exports fell off from ��53,000,000 in value to ��47,000,000. But in three years of reduction of duties and low prices, namely, from 1842 to 1844, the value of our exports rose from ��47,000,000 to ��58,000,000. Even deducting the amount of the China trade, a similar result was shown. Nor was the reduction in the customs duties unfavourable to the revenue. In 1842 there was an estimated loss of ��1,500,000; in 1843 a smaller one of ��273,000; but in 1845 there was a reduction at an estimated loss to the revenue of no less than ��2,500,000. The total amount of the various reductions effected in three years exceeded ��4,000,000; and many of the duties were totally abolished; the loss, therefore, not being compensated by any increased consumption. Had ��4,000,000 been lost to the revenue? He believed that on the 5th of April next the revenue would be found to be more buoyant than ever. Sir Robert Peel referred to other proofs of prosperity resulting from reduced import duties, and then adverted to his own position, and declared that "he would not hold office on a servile tenure."

FORE:With the war the manufacture of guns and arms of all kinds was greatly increased, and several important improvements were made in the construction of gun-barrels and their breeches. All kinds of cutlery were improved, but, at the same time, both Government, by contractors, and foreign countries, by merchants, were imposed on by articles that had more show than use, to the serious injury of the British reputation. Knives and razors were sent out of mere iron, and our pioneers and sappers and miners were often supplied with axes, picks, and shovels more resembling lead than iron. FORE:On the morning of the next day, Sunday, the 12th of July, the news was all over Paris that Necker was dismissed. The alarm was intense. Paris was in an uproar. The Palais Royal was choked with people in a frenzy of excitement. All at once a young man leaped upon a table and shouted, "To arms! to arms! Whilst we are talking, foreign troops are gathering round us to massacre us!" This orator, whose loud voice and dramatic action stopped in a moment the buzz of tongues and the voices of lesser orators, mounted on chairs and tables, was Benoit Camille Desmoulins, already a favourite orator of the people on this spot. This fanatic revolutionist now held up a brace of pistols; and, snatching a green twig from a tree, stuck it into his hat as a cockade. There was an instantaneous imitation of the act by the whole mass of people. The trees were all stripped, and a woman brought out a great roll of green ribbon, and cut off cockades for the patriots as far as it would go. The mob, armed with pistols, clubs, swords, and axes, continued their procession along the Rue Richelieu; then turning on the Boulevard, along the Rues St. Martin, St. Denis, St. Honor��, to the Place Vend?me. There a German squadron was drawn up before the hotel of the farmers of the taxes, and attacked the crowd, destroyed the busts, and killed a soldier of the French Guard who stood his ground. The commandant, Besenval, remained inactive in the ��cole Militaire; he was without orders from Broglie; and, besides, dared not trust the French Guard, but kept them close in their barracks. But he had three foreign regiments at his disposal, one of Swiss and two of German cavalry. Towards afternoon, seeing the disorder increase, he sent the Swiss into the Champs Elys��es with four pieces of cannon, and the German cavalry into the Place Louis Quinze, adjoining. As Prince Lambesc, with the Germans, was marching along the Chauss��e d'Antin, he was met by a body of the French Guard, who had escaped from their barracks to avenge their slain comrade. They fired on him and killed three of the German cavalry, and wounded numbers more. They then advanced with fixed bayonets to the Place Louis Quinze, where the Swiss Guard were posted. There they and the Swiss remained facing each other under arms all night, the people feasting and encouraging the French Guard; who, however, did not come to blows with the Swiss. Lambesc had continued his route to St. Cloud, leaving the city all night in the hands of the mob, who burnt the barriers at the different entrances, so as to allow free access to the people from the country; and broke open the gunsmiths' shops, and carried off the arms. During the whole of the next day the city was in the hands of the mob.