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During this debate, the state of Ireland had been repeatedly alluded to, and, on the 13th of December, Lord North brought forward his promised scheme of Irish relief, which consisted in extending the exportation of woollen cloths to wool, and wool-flocks, to all kinds of glass manufactures, and in free trade to the British coloniesprivileges that it seems wonderfully strange to us, at the present day, could ever have been withheld from any portion of the same empire. The critical state of America, no doubt, had much to do with the grant of these privileges, for all of them were conceded.

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The spring of 1720 was a period of remarkable national prosperity. But "the grand money schemes projected of late," which appeared to the Jacobite Atterbury and others calculated to cement the royal peace and strengthen the foundation[46] of the Government and nation, were destined to produce a very different effect. For the South Sea Bubble was about to burst. In 1711, Harley, being at his wits' end to maintain the public credit, established a fund to provide for the National Debt, which amounted to ten millions of pounds. To defray the interest he made permanent the duties on wine, vinegar, and tobacco, etc. To induce the purchase of the Government stock, he gave to the shareholders the exclusive privilege of trading to the Spanish settlements in South America, and procured them an Act of Parliament and a royal charter, under the name of the South Sea Company. The idea, hollow and groundless as it was, seized on the imagination of the most staid and experienced traders. All the dreams of boundless gold which haunted the heads of the followers of Drake and Raleigh were revived. The mania spread through the nation, and was industriously encouraged by the partisans of Harley. But this stupendous dream of wealth was based on the promises of Ministers, who at the Peace of Utrecht were to secure from the Government of Spain this right to trade to its colonies. The right was never granted by that haughty and jealous Power, further than for the settlement of some few factories, and the sending of one small ship annually of less than five hundred tons. This, and the Assiento, or privilege of supplying those colonies with African slaves, were the sole advantages obtained, and these were soon disturbed by the war with Spain, which broke out under Alberoni. The South Sea Company, however, from its general resources, remained a flourishing corporation, and was deemed the rival of the Bank of England.
ONE:ARRIVAL OF THE MAIL COACH. (See p. 420.)CHAPTER XI. REIGN OF GEORGE III. (continued).

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TWO:No sooner had Collot d'Herbois, Barrre, and that party triumphed over Robespierre than they summoned the members of the tribunal to their baray, on the very morning of the day of his executionand voted them honours amid much applause. The tribunal replied, that though a few traitors like Coffinhal and Dumas had found their way into the tribunal, the majority of them were sound and devoted to the Convention. Accordingly, the next day the Convention handed over to Fouquier-Tinville and his colleagues a list of fresh proscriptions of sixty-nine municipals, and a few days afterwardsnamely, the 12th of Thermidor, being the 30th of Julythey added twelve more, completing eighty-one victims! These were all executed within twenty-four hours. The Convention then fell into new divisions, some members contending for its being time to cease these tragedies, others insisting on maintaining them. Billaud-Varennes, Barrre, and Collot d'Herbois defended the guillotine and Fouquier-Tinville, but the greater number of the enemies of Robespierre denounced them, declared themselves the overthrowers of Robespierre, and assumed the name of Thermidorians, in honour of the month in which they had destroyed him. For the Thermidorians saw that the better part of the public had become sick of blood, and they set about contracting the Reign of Terror. They reduced the powers of the two governing Committees; they decreed that one-fourth of the members should go out every month; they reduced the revolutionary sections of Paris from forty-eight to twelve, and abolished the forty sous a day to the sansculotte patriots for their attendance. A month after the execution of Robespierre, Tallien made a fierce onslaught on the Terrorist system, and declared that there were numbers yet living who had been equally merciless with Robespierre, Couthon, and St. Just; and the next day Lecointre denounced by name Barrre, Billaud-Varennes, and Collot d'Herbois. To put an end to the Jacobin resistance, the Convention closed the Jacobin Club altogether, which had thus only survived the fall of Robespierre about four months. Thereupon the Jacobins began to denounce the Thermidorians as anti-Republicans, but they retorted that they were Republicans of the purest schoolthat of Marat.

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TWO:DEPUTATION OF CONSTITUTIONALISTS BEFORE THE QUEEN OF PORTUGAL. (See p. 413.)
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TWO:An armistice was now demanded by the Alliesit is said at the instance of Austria, who desired to act as mediatorand gladly assented to by Napoleon, who was desirous of completing his preparations for a more determined attack. The armistice was signed on the 4th of June at the village of Pleisswitz.Sir John Moore entered Spain under the impression that several brave and victorious Spanish armies were to co-operate with him; but he looked in vain for any such armies. Nay, on the very day of his arrival at Salamanca he heard of the defeat of the Count de Belvedere, near Burgos; and only two days afterwards that general had also been defeated at Espinosa, on the frontiers of the province of Biscay. He demanded from the Junta to know with whom he was to co-operate for the conduct of the campaign, and he was referred to Casta?os. But Casta?os had already lost the confidence of the proud and ignorant Junta, and had little information to give. On the 15th of November the governor of the province announced to him that the French had taken possession of Valladolid, only twenty leagues from Salamanca; from the dormant Mr. Frere he heard nothing. This was startling intelligence; for he had only a small portion of his army yet with him. Sir David Baird was still struggling with the obstructive junta at Corunna, and Sir John Hope was wandering near Madrid with the artillery. Moore began to have a very gloomy idea of the situation, not only of Spain, but of his situation in it. He wrote that there was no unity of action; no care of the juntas to promote it, or to furnish arms and clothing to the soldiers; that he was in no correspondence with the generals of the other armies, and knew neither their plans nor those of the Government. He declared that the provinces around him were not armed; and as for the national enthusiasm of which so much had been said, that he saw not a trace of it; that, in short, the British had no business there; but he would still try to do something, if possible, for the country, since he was there.

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Sheridan introduced the subject on the 18th of April, and Fox ably supported him; but the motion was negatived. But this defeat only appeared to stimulate the reformers to higher exertions. On the 28th of April a new Reform society, entitled the Society of the Friends of the People, was formally inaugurated by the issue of an address, which was signed by no less than twenty-eight members of the House of Commons, and a considerable number of Lords, amongst them the Lords Lauderdale, John Russell, Stanhope, and Fitzgerald. Their title was unfortunate, for, though they were united only for Parliamentary reform, this cognomen was so much in the French style as to create suspicion and alarm. Many of the members were known to be admirers of the French Revolution, and about the same time another and decidedly French-admiring society was started, calling itself the Corresponding Society, and prosecuting a zealous intercourse with the Girondists and Jacobins. The admiration of French political principles rendered the conservative portion of the population quite determined to resist all innovations; and as this Society of the Friends of the People was regarded as a direct imitation of the Jacobin Club, it was violently opposed and stigmatised. On the 30th of April Mr. Grey, as representative of this Society, rose to announce that in the next Session he meant to introduce a regular measure for the reform of Parliament; that it was necessary, he said, had long been asserted by the two leading men of the HousePitt and Fox. Pitt rose on this, and declared himself still the friend of Reform; but he contended that this was not the time to attempt it. He had only, he said, to point to[392] the state of things in France, and to the effervescence which those principles of anarchy had produced in Britain, to show the necessity of remaining quiet for the present; neither did he believe that the mass of the English people would support any change in our Constitution. Fox upbraided Pitt with the abandonment of his former sentiments, and contended that we had only to look at the money spent lately in the armament against Russia, money thus spent without any consent of the people, to perceive the necessity of reform in our representation. He referred to Pitt's remarks on revolutionary books and pamphlets recently published, and declared that he had read very few of them. He had only read one of the two books of Thomas Paine, the "Rights of Man," and did not like it. Burke replied to him, and drew a most dismal picture of the condition of France under her Revolutionists. He said that the French Assembly was composed of seven hundred persons, of whom four hundred were lawyers, and three hundred of no description; that he could not name a dozen out of the whole, he believed, with one hundred pounds a-year; and he asked whether we should like a Parliament in Great Britain resembling it. In this debate, the further dissolution of the Whig party became obvious when Windham and others took the side of Burke. The Queen's AccessionSeparation of Hanover from EnglandThe Civil ListThe General ElectionRebellion in Lower CanadaIts prompt SuppressionSir Francis Head in Upper CanadaThe Affair of the CarolineLord Durham's MissionHis OrdinanceIt is disallowedLord Durham resignsRenewal and Suppression of the Rebellionunion of the CanadasThe Irish Poor Law BillWork of the CommissionersAttack on Lord GlenelgCompromise on Irish QuestionsAcland's ResolutionThe Tithe Bill becomes LawThe Municipal Bill abandonedThe CoronationScene in the AbbeyThe Fair in Hyde ParkRejoicings in the ProvincesDissolution of the Spanish LegionDebate on the Intervention in SpainLord Ashley's Factory BillsProrogation of ParliamentThe Glasgow StrikeReference to Combinations in the Queen's SpeechRemarks of Sir Robert PeelRise of ChartismThe Six PointsMr. Attwood's PetitionLord John Russell's ProclamationThe Birmingham RiotsDissolution of the National ConventionThe Newport RiotsMurder of Lord NorburyMeeting of the MagistratesThe Precursor AssociationDebates in ParliamentLord Normanby's Defence of his AdministrationThe Lords censure the GovernmentThe Vote reversed in the CommonsThe Jamaica BillVirtual Defeat of the MinistryThey resign.The Home Secretary thus refers to a letter of Lord Eldon, written to his daughter soon after the event, as follows:"After observing, 'Nothing is talked of now which interests anybody the least in the world, except the election of Mr. O'Connell,' he makes these memorable remarks:'As Mr. O'Connell will not, though elected, be allowed to take his seat in the House of Commons unless he will take the oaths, etc. (and that he won't do unless he can get absolution), his rejection from the Commons may excite rebellion in Ireland. At all events, this business must bring the Roman Catholic question, which has been so often discussed, to a crisis and a conclusion. The nature of that conclusion I do not think likely to be favourable to Protestantism.' It is clear, therefore," continues Mr. Peel, "that Lord Eldon was fully alive to the real character and magnitude of the event."
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