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The British public, thrilled by the news of his heroic achievements, fully sympathised with the victorious general. The thanks of both Houses of Parliament were voted to him and the army, and the Duke of Wellington expressed in the House of Lords the highest admiration of his generalship. Sir Charles Napier became the civil governor of the province which his sword had won for his Sovereign; and he showed by the excellence of his administration that his capacity as a statesman was equal to his genius as a general. He encouraged trade; he carried on extensive public works; he erected a pier at Kurrachee, extending two miles into the water, and forming a secure harbour; he organised a most efficient police; he raised a revenue sufficient to pay the whole expenses of the administration, giving a surplus of 90,000, which, added to the prize-money, brought half a million sterling into the Company's treasury in one year. The cultivators of the soil were protected in the enjoyment of the fruits of their industry; artisans, no longer liable to be mutilated for demanding their wages, came back from the countries to which they had fled; beautiful girls were no longer torn from their families to fill the zenanas of Mohammedan lords, or to be sold into slavery. The Hindoo merchant and the Parsee trader pursued their business with confidence, and commerce added to the wealth of the new province. The effect of these reforms was conspicuous in the loyalty of the Scindians during the revolt of 1857.

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The winter of 1836-7 was marked by great commercial activity, and a strong tendency to over-trading, chiefly on the part of the banks. The result was a reaction, and considerable monetary embarrassment. In the reckless spirit of enterprise which led to these consequences, the American houses took the lead. The American speculators indulged an inordinate thirst for gain by land jobs, and over-trading in British produce. The most remarkable examples of this were afforded by three great American houses in London, called "the three W.'s." From an account of these firms, published in June, 1837, it appeared that the amount of bills payable by them from June to December, was as follows: Wilson and Co.,[411] 936,300; Wigan and Co., 674,700; Wildes and Co., 505,000; total acceptances, 2,116,000. This was upwards of one-sixth of the aggregate circulation of the private and joint-stock banks of England and Wales, and about one-eighth of the average circulation of the Bank of England. The shipments to America by Wigan and Co. amounted to 1,118,900. The number of joint-stock banks that started into existence at this time was remarkable. From 1825 to 1833 only thirty joint-stock banks had been established. In that year the Charter of the Bank of England being renewed, without many of the exclusive privileges it formerly enjoyed, and the spirit of commercial enterprise being active, joint-stock banks began to increase rapidly. There was an average of ten new companies annually, till 1836, when forty-five of these establishments came into existence in the course of ten months. In Ireland there were ten started in the course of two years. The consequence of this greatly increased banking accommodation produced a wild spirit of commercial adventure, which collapsed first in America, where the monetary confusion was unexampledbankers, importers, merchants, traders, and the Government having been all flung into a chaos of bankruptcy and insolvency. This state of things in America had an immediate effect in England. Discounts were abruptly refused to the largest and hitherto most respectable houses of Liverpool and London. Trade, in consequence, became paralysed; prices suddenly dropped from thirty to forty per cent.; and the numerous share bubblesthe railway projects, the insurance companies, the distillery companies, the cemetery companies, the sperm oil, the cotton twist, zoological gardens, and other speculationswhich had floated on the pecuniary tide, all suddenly collapsed, and there was an end to the career of unprincipled adventurers. It is satisfactory, however, to observe that the sound commerce of the country soon recovered the shock thus given; and in less than two years the pecuniary difficulties had passed away. Commerce had resumed its wonted activity, and flowed steadily in legitimate channels. The American banks resumed payment, and the three great American houses, which had involved themselves to such an enormous extent, were enabled to meet all their liabilities.These resolutions being carried, it then became a question whether the prince would accept this restricted regency. Burke had warned the House that perhaps, after all, the prince would not accept such a shadow of his own natural powers, and he warned them likewise that the British Parliament might find itself electing the prince as regent, whilst the Irish Parliament was nominating him as by right. But it would appear that the Whigs were so anxious to seize on office, even under such cramping restrictions, and to see Pitt dethroned, that they advised the prince to accept. A joint committee of Lords and Commons waited on him on the 30th of January, the anniversary of the execution of Charles I., and another joint-committee the same day waited on the queen, and the next day their answers, accepting their respective offices, were communicated to Parliament. The prince, indeed, qualified his acceptance by declaring that he did it only as a temporary arrangement, and in the hope, notwithstanding the peculiar and unprecedented circumstances, of preserving the interests of the king, the crown, and the people.
THREE:The tidings of this disaster roused the people of England to a pitch of desperation. The Ministers were condemned for their gross neglect and imbecile procrastination, and Byng was execrated as a coward and a traitor. Meanwhile, the most culpable man of all, Newcastle, was trembling with terror, and endeavouring to find a scapegoat somewhere. Fox was equally trembling, lest Newcastle should make that scapegoat of him. He declared to Dodington that he had urged Newcastle to send succour to Minorca as early as Christmas, and that Cumberland had joined him in urging this, to no purpose. He asserted that Newcastle ought to answer for it. "Yes," replied Dodington, "unless he can find some one to make a scapegoat of." This was the very fear that was haunting Fox, and he hastened, in October, to the king, and resigned the seals. This was a severe blow to Newcastle, and he immediately thought of Murray to succeed him; but, unfortunately, Sir Dudley Ryder, the Lord Chief Justice, just then having died, Murray had fixed his ambition on occupying his seat on the bench. They were obliged to give it to him, with the title[123] of Mansfield, or make a mortal enemy of him. Newcastle then thought of conciliating Pitt. Pitt refused to belong to any Ministry at all in which Newcastle remained. Newcastle, in his perplexity, next tried Lord Egmont, and even old Granville, but both declined the honour; and not a man being to be found who would serve under him, he was compelled most reluctantly to resign. He had certainly presided over the destinies of the nation far too long. 19 August 2015, John Doe
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THREE:The Tory Ministry was now in a most shattered condition, and it was believed that it could not repair itself. On the 23rd of September official letters were addressed to Lords Grey and Grenville to endeavour to form a coalition with the Tories, but they declined. The Tory Ministry was therefore readjusted by the introduction of Lord Wellesley (who had been replaced in his embassy in Spain by his brother Henry, afterwards Lord Cowley), who took the post of Canning in the Foreign Office, Perceval taking the Premiership, which Portland had only nominally held, as well as the Chancellorship of the Exchequer, which he held before. Lord Palmerston also made his first appearance in this Cabinet as Under-Secretary of State for the War Department, in place of Sir James Pulteney. Lord Liverpool took Castlereagh's place as Secretary at War; and the Hon. R. Ryder succeeded Lord Liverpool as Secretary of State for the Home Department.OLD BAILEY, LONDON, 1814. 19 August 2015, John Doe
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THREE:Before this, however, the financial statement for the year had been made, and for awhile the Corn Law question was suspended for the country to recover from its astonishment at finding in the Minister of the Conservative party one of the boldest reformers of our tariff who had ever occupied the Ministerial benches. But yesterday his position had appeared one of the greatest difficulty, in which a cautious hold upon the established sources of revenue, with some well-balanced proposals for additional taxes, was all that could be expected. He had not the good fortune of Mr. Goulburn or Lord Althorp in having a surplus to dispose of. The Whig Government had bequeathed to their successors a deficit, which had been increasing from year to year, with a revenue falling off even in the face of new taxes. How[488] was the deficit to be met was the question which filled the mouths of public men; a question which was answered by the famous financial statement of Sir Robert Peel on the 11th of March. After showing that the deficiency for the coming year would be little short of 2,500,000, and that this deficiency might be expected to be considerably augmented by the position of affairs in India and China, the Minister declared that he would not consent to resort to the miserable expedient of continual loans. He declared that he would not attempt to impose burdens upon the labouring classes, and that if he did, recent experience had shown that they would be defeated. In fact, the country had arrived at the limits of taxation upon articles of consumption. After ridiculing the various suggestions of people who were constantly sending him projects for taxes on pianofortes, umbrellas, and other articles, accompanied with claims of very large percentages upon the proceeds, he acknowledged the principle laid down by financiers that increased revenue may be obtained by taking off the taxes which pressed upon industry, but declared that the first effect was always a diminution in revenue, and that time was found necessary to restore the amount. In these circumstances, he stated what the measure was which, under a deep conviction of its necessity, he was prepared to propose, and which, he was persuaded, would benefit the country, not only in her pecuniary interests, but in her security and character. His scheme was this: he proposed, for a period to be limited, an income tax of not more than 3 per cent., from which he would exempt all incomes under 150, and in which he would include not only landed but funded property. Sir Robert Peel calculated that the tax would yield 3,350,000 a year, a sum which, with an addition to the spirit duties in Ireland, and an export duty of 4s. on coals, would not only cover the existing deficiency, but enable him to remit indirect taxes to the amount of 1,200,000. The sliding scale had brought little credit to the Minister, and the income tax was in its nature an unpopular measure; but the proposal to reduce the custom duties on 750 out of the 1,200 articles in the tariffto remove prohibitions altogether (in itself a vast concession to Free Trade doctrines)to reduce the duties on raw materials of manufactures to five per cent. or lessto keep the duties on articles partially manufactured under twelve per cent., and on articles wholly manufactured under twenty per cent., was a scheme which excited general admiration. The measure was, indeed, contested by the Whig Opposition at every stage. The preliminary resolutions were debated for eight nights. There were many of Sir Robert Peel's old supporters who looked on the financial plan with distrust, as being founded, in a great measure, avowedly on those principles of political economy which they had been accustomed to sneer at; but, in truth, it was not unfavourable to the interests of their party. We have already seen that the new taxat least, if a temporary onewas calculated to impose a far greater burden upon the manufacturing and moneyed class than upon the landowners; in fact, by exempting incomes under 150 a year, and assessing land only upon its net rental, the burden was imposed almost entirely upon that middle class which was the especial object of the dislike of Tories of the more advanced kind. At the same time, by cheapening articles of general consumption, the Minister did something towards securing popularity among the working classes, who, as exemplified in the Chartist agitation, were not always disposed to take part against the landowners. The Income Tax Bill passed, after considerable opposition in the Commons. An amendment proposed by Lord John Russell was rejected by a vote of 302 to 202, and another amendment, proposing the reading of the Bill on that day six months, having been thrown out on the 18th of April by a vote of 285 to 188, the third reading was carried by a majority of 130 on the 30th of May. No debate took place in the Lords until the third reading, when the Bill passed by a majority of 71. 19 August 2015, John Doe
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THREE:Before leaving, the courteous officer permitted Bailly and about half-a-dozen deputies to enter and bring out their papers. The carpenters were already at work making preparations for the royal sance, which was intended for a counter-manifestation, and as the body of the deputies, now nearly completing their six hundred, marched through the streets, they heard the heralds[361] proclaiming it for Monday, the 22nd. Bailly felt that there was more indignity intended than even that of turning them so unceremoniously out of their house, for a message had been sent to him from the king, announcing the sance, but it had not been delivered to him, as etiquette required, at the hall, but at his private house, and not by a written dispatch, but verbally by De Brz, the master of ceremonies. When the deputies, with their president at their head, reached the Tennis Court, they found it a very spacious apartment, but naked, unfurnished, and desolate. There were no seats for the deputies, and a chair being offered to Bailly he declined it, saying he would not sit whilst the other members were standing. A wooden bench was brought, and served for a desk, two deputies were stationed as doorkeepers, and the keeper of the Court appeared and offered them his services. Great numbers of the populace crowded in, and the deliberations commenced. There were loud complaints of the interruption of their sitting, and many proposals to prevent such accidents in future. It was proposed to adjourn to Paris, where they would have the support of the people, and this project was received with enthusiasm; but Bailly feared that they might be attacked on the way, and, moreover, that such a measure would give an advantage to their enemies, looking like a desertion of their ground. Mounier then proposed that the deputies should bind themselves by an oath never to separate till they had completed the Constitution. This was hailed with enthusiasm. The oath was drawn up, and Bailly, standing on the bench, read it aloud:"You solemnly swear never to separate, and to re-assemble whenever circumstances shall require it, until the Constitution of the kingdom is founded and established on a solid basis." As he read this all the deputies held up their right hands, and repeated after him the words, "We swear!" The formula was read so loud that not only the spectators within but numbers without heard it, and all joined in the cry, "We swear!" Then followed loud acclaims of "Vive l'Assemble!" "Vive le Roi!" 19 August 2015, John Doe
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On hearing this, Burgoyne dispatched Colonel Baum with two pieces of artillery and eight hundred mendismounted German dragoons and British marksmen. They were to surprise Bennington, a place about twenty miles to the east of the Hudson, where the Americans had collected their stores from New England, and, having secured these, to return and carry them to St. Leger. Baum, however, found himself surrounded by Generals Starke and Warner at St. Corick's Mill, on Walloon Creek, six miles from Bennington, before help came up. For two hours a fierce attack was kept up on Baum's entrenchments on all sides by the Americans with muskets and rifles. Baum made a most gallant defence, and three times drove them from some high ground which they occupied above his camp. At last he was picked off by a rifleman and fell mortally wounded. His German troops retreated into the woods, in the direction of Fort Edward, and were there met by Breyman, who was slowly advancing with reinforcements. He reorganised the fugitives, and commenced his retreat, hotly pursued by Starke and Warner; he made his way back to Burgoyne, but not until he had fired nearly his last cartridge.[See larger version][See larger version]But the Allies had only fallen back behind the Elbe, and taken up a strong position at Bautzen, on the Spree, about twelve leagues from Dresden, whilst an army under Bülow covered Berlin. No sooner did the Allies fall back to the right bank of the Elbe than Davoust attacked Hamburg on the 9th of May with five thousand men, and vowed vengeance on the city for having admitted the Allies. To their surprise the citizens found themselves defended by a body of Danes, from Altona, who were the allies of France, but had been just then thinking of abandoning Napoleon. But the fate of the battle of Lützen changed their views, and they retired in the evening of that day, leaving Hamburg to the attacks of the French. Bernadotte, not having received the promised reinforcements, did not venture to cover Hamburg. Davoust entered the place like a devil. He shot twelve of the principal citizens, and drove twenty-five thousand of the inhabitants out of the city, pulled down their houses, compelling the most distinguished men of the town to work at this demolition and at raising the materials into fortifications. The people had long been subjected by the French to every possible kind of pillage and indignity; no women, however distinguished, had been allowed to pass the gate without being subjected to the most indecent examinations. But now the fury of the French commander passed all bounds. He levied a contribution of eighteen millions of dollars: and not satisfied with that, he robbed the great Hamburg bank, and declared all his doings to be by orders of the Emperor.[See larger version]
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