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In the course of this commercial madness the imports greatly exceeded the exports, and there was consequently a rapid drain of specie from the country. The drain of bullion from the Bank of England was immense. In August, 1823, it had 12,658,240, which in August, 1825, was reduced to 3,634,320, and before the end of the year it ran as low as 1,027,000. Between July, 1824, and August, 1825, twelve millions of cash were exported from Great Britain, chiefly to South America. During the Revolutionary war, which had lasted for fourteen years, the capital of the country had been completely exhausted, while all productive labour had been abandoned. The unworked mines were filled with water. They were accessible, it is true, to English speculators, but they were worked exclusively with English capital. The South American mining companies were so many conduits through which a rapid stream of gold flowed from Great Britain. The catastrophe that followed took the commercial world by surprise; even the Chancellor of the Exchequer failed to anticipate the disaster. On the contrary, his Budget of 1825 was based upon the most sanguine expectations for the future, and on the assurance that the public prosperity was the very reverse of what was ephemeral and peculiar, and that it arose from something inherent in the nation. Even at the prorogation of Parliament in July, the Royal Speech referred to the "great and growing" prosperity on which his Majesty had the happiness of congratulating the country at the beginning of the Session. The commercial crisis, however, with widespread ruin in its train, was fast coming upon Britain. Vast importations, intended to meet an undiminished demand at high prices, glutted all the markets, and caused prices to fall rapidly. Merchants sought accommodation from their bankers to meet pressing liabilities, that they might be enabled to hold over their goods till prices rallied. This accommodation the bankers were unable to afford, and sales were therefore effected at a ruinous loss. The South American mines, it was found, could not be worked at a profit, and they made no return for the twenty million pounds of British money which they had swallowed up. The effect was a sudden contraction of the currency, and a general stoppage of banking accommodation. The country banks, whose issues had risen to 14,000,000, were run upon till their specie was exhausted, and many of them were obliged to stop payment. The Plymouth Bank was the first to fail, and in the next three weeks seventy banks followed in rapid succession. The London houses were besieged from morning to night by clamorous crowds, all demanding gold for their notes. Consternation spread through all classes. There was a universal pressure of creditors upon debtors, the banks that survived being themselves upon the edge of the precipice; and the Bank of England itself, pushed to the last extremity, peremptorily refused accommodation even to their best customers. Persons worth one hundred thousand pounds could not command one hundred pounds; money seemed to have taken to itself wings and fled away, reducing a state of society in the highest degree artificial almost to the condition of primitive barbarism, which led Mr. Huskisson to exclaim, "We were within twenty-four hours of barter."

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ONE:The art of sculpture, like that of painting, took a new spring in this reign, but the early part of it was encumbered by the tasteless works of Wilton, Read, and Taylor. It remained for the genius of Banks, Nollekens, Bacon, Baily, Behnes, and Chantrey, to place sculpture on its proper elevation in England.
TWO:Mack, who was advancing rashly out of reach of any supporting bodies of troops, expected to encounter the French in front. He therefore took possession of Ulm and Memmingen, and threw his advanced posts out along the line of the Iller and the Upper Danube, looking for the French advancing by way of the Black Forest. But Buonaparte's plan was very different. He divided his army into six grand divisions. That commanded by Bernadotte issued from Hanover, and, crossing Hesse, appeared to be aiming at a junction with the main army, which had already reached the Rhine. But at once he diverged to the left, ascended the Main, and joined the Elector of Bavaria at Würzburg. Had Mack had a hundredth part of the strategic talent attributed to him, he would have concentrated his forces into one powerful body, and cut through the cordon which Buonaparte was drawing around him, and, under good generalship, such soldiers as the Hungarians would have done wonders; but he suffered his different detachments to be attacked and beaten in detail, never being ready with fresh troops to support those which were engaged, whilst the French were always prepared for this object. Accordingly, Soult managed to surround and take one entire Austrian division at Memmingen, under General Spangenberg, and Dupont and Ney defeated the Archduke Ferdinand at Günzburg, who had advanced from Ulm to defend the bridges there. Ferdinand lost many guns and nearly three thousand men. This induced Mack to concentrate his forces in Ulm, where, however, he had taken no measures for supplying his troops with provisions during a siege. He was completely surrounded, and compelled to capitulate on the 19th of October, 1805. 更多 »
TWO:The murder of one landlord was sufficient to spread terror throughout the whole class, the most recent and horrible case being used for this purpose in the threatening notices. Thus, when Major Mahon was shot, a letter was sent to the wife of another landed proprietor, warning her that if her husband did not remit all the arrears of rent due by his tenants, two men would be sent to dispatch him as they had dispatched the demon Mahon. The Lord-Lieutenant had increased the[561] constabulary force in the disturbed districts, and called out the military to aid in the execution of the law. But it was the opinion of the magistrates in those districts that the powers of the executive were not sufficient. The object of Sir George Greys measure was to extend those powersnot to create any new tribunal, for trial by jury had worked satisfactorily. What he proposed was that the Lord-Lieutenant should have power to "proclaim" disturbed districts, to increase in them the constabulary force to any extent he might think fit out of the reserve of 600 in Dublin, to limit the use of firearms, and to establish nocturnal patrols. He thought that by such a measure the Government would be able to put down the crimes that were disorganising society in Ireland. Sir Robert Peel supported the Government measure. Mr. Feargus O'Connor divided the House against it; but was supported by only twenty members. It was soon after read a second time, having been strenuously resisted by some of the Irish members. It rapidly went through committee, and was read a third time, when the minority against it was only fourteen. The Bill passed through the Lords without alteration.
TWO:The news of these imposts, and of this intended stamp duty, flew across the Atlantic, and produced the most bitter excitement. Never could this unwelcome news have reached the colonies at a more unpropitious moment. To restrictions on their legitimate trade, the British had been adding others on their illegitimate trade. Nearly all the American colonies lay on the seaboard, and were, therefore, naturally addicted to a free sort of trade, which these new duties made contraband. The British Government had sent out a number of revenue ships and officers to cut off this trade, and capture and confiscate all vessels found practising it. The colonists met in various places, and passed very strong resolutions against these regulations. The people of New England spread their views and resolves all over the colonies by means of the press. They refused to listen to any overtures of the British Government on the subject. They claimed the right to grant, of their own free will, such contributions to the revenue of the empire as their own assemblies should deem just, and to submit to no compulsion where they had no voice. They called on all the colonists to refrain as much as possible from purchasing any of the manufactures of England so long as she showed a disposition to oppress them, and to obtain their materials for clothing from other countries, or to begin to manufacture them themselves; and to cease also to use all luxuries on which the duties were laid. To make their case known in England, Pennsylvania, Massachusetts, Maryland, and Georgia appointed the celebrated Benjamin Franklin their agent in London.
TWO:On the 20th of January a Bill was introduced to the House of Lords for the naturalisation of the Prince. By this Act, which passed the next day through the House of Commons, the Prince was declared already exempt, by an Act passed in the sixth year of George IV., from the obligations that had previously bound all persons to receive the Lord's Supper within one month before exhibition of a Bill for their naturalisation. And the Bill was permitted to be read the second time without his having taken the oaths of Supremacy and Allegiance, as required by an Act passed in the first year of George I. But on the second reading in the House of Lords the Duke of Wellington objected that it was not merely a Bill[468] for naturalising the Prince, but that it also contained a clause which would enable him, "during the term of his natural life, to take precedence in rank after her Majesty in Parliament, and elsewhere as her Majesty might think fit and proper," any law, statute, or custom to the contrary notwithstanding. The Duke of Wellington stated that as the title of the Bill said nothing about precedence, the House had not received due notice of its contents; he therefore moved the adjournment of the debate. Lord Melbourne remarked that the omission was purely accidental and, in his opinion, of no importance; at the same time he admitted that this Bill did differ in form from other similar Bills, as it gave the Queen power to bestow on Prince Albert a higher rank than was assigned to Prince George of Denmark, or to Prince Leopold. But the reason for the difference was to be found in the relative situation of the parties. Lord Brougham, however, pointed out a practical difficulty that might possibly arise. According to the proposed arrangement, if the Queen should die before there was any issue from the marriage, the King of Hanover would reign in this country, and his son would be Prince of Wales. Prince Albert would thus be placed in the anomalous position of a foreign naturalised Prince, the husband of a deceased Queen, with a higher rank than the Prince of Wales. Lord Londonderry decidedly objected to giving a foreign Prince precedence over the Blood Royal. In consequence of this difference of opinion the debate was adjourned till the following week, when the Lord Chancellor stated that he would propose that power should be given to the Crown to allow the Prince to take precedence next after any Heir Apparent to the Throne. Subsequently, however, Lord Melbourne expressed himself so anxious that it should pass with all possible expedition, that he would leave out everything about precedence, and make it a simple Naturalisation Bill, in which shape it immediately passed.
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TWO:The prejudiced old man fought with desperation against the measure in the Lords. He was tremendously severe on the Government. He said, much as he had heard of the march of mind, he did not believe that the march could have been so rapid as to induce some of the changes of opinion which he had witnessed within the last year. His opinions are now among the curiosities of a bygone age. His idea of religious liberty may be seen from the following:"The Sacramental Act, though often assailed, had remained ever since the reign of Charles II., and the Annual Indemnity took away all its harshness. The obnoxious Act did not interfere with the rights of conscience, as it did not compel any[267] man to take the sacrament according to the rites of the Church of England, and only deprived him of office if he did not." He concluded by solemnly saying, "From his heart and soul, 'Not Content.'" He was effectually answered by the Duke of Wellington, and the Bill was read a second time, without a division, on the 17th of April. On the 21st he proposed an amendment to exclude Roman Catholics from the benefit of the measure by inserting in the declaration the words, "I am a Protestant." The amendment was negatived by 117 to 55; but so eager was he to have it adopted, that he renewed it on the third reading of the Bill, when the Contents were 52, Not Contents 154. Still he entered on the Journals a violent protest against the Bill, in which he was joined by the Duke of Cumberland and nine other peers. As soon as the measure was carried, all the world acknowledged the Duke of Wellington's sagacity in declining the offer of Lord Eldon to return to office; for if that sturdy adherent to ancient prejudices had been Lord Chancellor or President of the Council, the Government must either have been speedily dissolved by internal dissensions or overthrown by a vain resistance to the popular voice.At this moment Meer Jaffier found it impossible to retain his seat without the support of the English. Shah Allum, the eldest son of the Great Mogul, was coming against him with a large army. Clive met and defeated him, and for this service he received from his puppet a jaghire, or domain worth twenty-seven thousand pounds a year.
TWO:[See larger version][See larger version]
TWO: Joseph H. Blake, created Lord Wallscourt.
TWO:Other English artists of this period were John Riley, an excellent and original painter, who died in 1691; Murray, a Scotsman; Charles Jervas, the friend of Pope, a man much overrated by his acquaintance; and Jonathan Richardson, a much superior artist to Jervas, and author of the valuable "Essay on the Art of Criticism, as it relates to Painting." Thomas Hudson, a pupil of Richardson, and his son-in-law, was an admirable painter of heads, and had the honour of being the instructor of Sir Joshua Reynolds. Henry Cook, like Thornhill, was a decorator, and painted the choir of New College Chapel, at Oxford, and the ceiling of a large room at the New River head. Among other artists of repute there may be named Luke Cradock, a flower and fruit painter; John Wootton, an animal painter; Francis Hayman, an historical painter and designer for book-platesthose for "Don Quixote" being his best; and George Lambert, one of the first English landscape painters of any mark.It was not, however, till the 12th of August that they were ready with their batteries. The effect of the bombardment was almost instantaneous. Within six hours nearly all the enemy's guns were silenced, and the next day the Spaniards capitulated, agreeing to yield not only the place, and the vessels in the harbour, but the country for a hundred and eighty miles to the westward; in fact, all the best part of Cuba. The booty taken was valued at nearly three million pounds.

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Lord Howe now prepared to attack New York, where Washington had about thirty thousand men. But the latter's troops were ill-equipped, and deficient in discipline. Washington expected that Howe would attack New York by the way of Long Island, and so he had posted nine thousand men at Brooklyn, nearly opposite to it, behind entrenchments thrown up by General Greene. Greene had been attacked by fever; and General Putnam, who had taken his post, was but indifferently acquainted with the position of the forces and the nature of the ground they would have to defend with a rabble of most insubordinate troops. In these circumstances General Howe, on the morning of the 22nd of August, threw over from Staten Island into Long Island four thousand men, under the command of General Clinton. They landed in Gravesend Bay, under cover of the artillery of three frigates and two bombs. The rest of the army followed with the artillery. Washington hastened over from New York to strengthen General Sullivan, who was in command on the island. He posted no less than fifteen thousand men along a peninsula at that end of the island facing New York.On the 10th of September the Prussians began to examine the passes of the forest; and finding them defended, they attacked the French entrenchments but were everywhere repulsed. On the 11th, they concentrated their efforts on the pass of Grand-Pr, defended by Dumouriez himself, and were again repulsed by General Miranda at Mortaume, and by General Stengel at St. Jouvion. The Allies, thus unexpectedly brought to a check, for they had been led by the Emigrants to expect a disorganised or as yet undisciplined army, determined to skirt the forest and endeavour to turn it near Sedan. Whilst engaged in this plan, the Austrians discovered the weakness of the force in the defile of Croix-aux-Bois, where only two battalions and two squadrons of volunteers were posted, for Dumouriez had not examined the pass himself and was assured that this force was amply sufficient. Once aware of this mistake, the Austrians, under the Duke de Ligne, briskly attacked the position and drove the French before them. Dumouriez, informed of this disorder, ordered forward General Chasot with a strong force, who defeated the Austrians, killed De Ligne, and recovered the pass. But the advantage was but momentary; the Austrians returned to the charge with a far superior force, and again cleared the pass and remained in possession of it. Thus Dumouriez saw his grand plan of defence broken up; and finding that Chasot, who had fallen back on Vouziers, was cut off from him on his left along with Dubouquet, he saw the necessity of falling back himself into the rear of Dillon, on his right, who was yet master of the Islettes and the road to St. Menehould. He then sent messages to Chasot, Dubouquet, and to Kellermann, to direct their march so as to meet him at St. Menehould.From the Painting by Andrew C. Gow, R.A.[See larger version]COSTUMES OF THE PERIOD OF GEORGE II.
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