THREE:The chief seats of the hosiery manufacture are in the counties of Derby, Nottingham, and Leicester. The number of stocking-frames in England in 1821 was under 30,000, showing an increase in thirty years of only 10,000. Mr. Felkin gives an estimate for 1833, which states that there were 33,000 frames in England, producing 3,510,000 dozen stockings a year, and consuming 8,137,000 lbs. of cotton yarn, worsted, and silk, valued at 814,000; the wages for making them amounting to 948,000, and for finishing, 229,000; the total value being little short of 2,000,000 sterling, and the total value of the materials 560,000. The total number of persons employed in the making of stockings was 73,000. The total of fixed capital engaged in the manufacture was 385,000, and of floating capital 1,050,000. The quantity of cotton hosiery goods made in 1833 was estimated by Mr. Felkin to have increased more than fifty per cent. in the preceding twenty years.Immediately on the rising of Parliament O'Connell published a violent attack in the form of a letter to Lord Duncannon. This was taken up by Lord Brougham in the course of an oratorical tour which he was making through Scotland, and a mutual exchange of compliments ensued. Unfortunately the Chancellor's eccentricity did not stop there. Earl Grey was not permitted to retire into private life without some popular recognition of his great public services. On the 15th of September a grand banquet was given in Edinburgh in honour of this illustrious statesman. "Probably," says a contemporary chronicle, "no Minister in the zenith of his power ever before received so gratifying a tribute of national respect as was paid on this occasion to one who had not only retired from office, but retired from it for ever. The popular enthusiasm, both in the capital and other parts of Scotland, was extreme, which the noble earl sensibly felt, and gratefully acknowledged as among the proudest circumstances of his life. The dinner took place in a large pavilion, erected for the occasion in the area of the High School, and was provided for upwards of 1,500 persons, more than 600 having been admitted after the removal of the cloth. The principal speakers were Earl Grey, the Lord Chancellor, and the Earl of Durham. Earl Grey and the Lord Chancellor, in their speeches, said they considered that the Reform in Parliament afforded the means by which all useful improvements might be obtained without violence. Both advocated a deliberate and careful, but steady course of amelioration and reform, and both derided the idea of a reaction in favour of Tory principles of government. The Earl of Durham avowed his opinions in favour of the ballot and household suffrage, and declared that he should regret every hour which left ancient and recognised abuses unreformed." This involved the Lord Chancellor in a new controversy in which more personalities were exchanged.
FORE: Peaceful Accession of George I.His ArrivalTriumph of the WhigsDissolution and General ElectionThe AddressDetermination to Impeach the late MinistersFlight of Bolingbroke and OrmondeImpeachment of OxfordThe Riot ActThe Rebellion of 1715Policy of the Regent OrleansSurrender of the Pretender's ShipsThe Adventures of Ormonde and MarThe Highlands declare for the PretenderMar and ArgyllAdvance of Mackintosh's DetachmentIts Surrender at PrestonBattle of SheriffmuirArrival of the PretenderMutual DisappointmentAdvance of ArgyllFlight of the Pretender to FrancePunishment of the RebelsImpeachment of the Rebel LordsThe Septennial ActThe King goes to HanoverImpossibility of Reconstructing the Grand AllianceNegotiations with FranceDanger of Hanover from Charles XII.And from RussiaAlarm from TownshendTermination of the DisputeFresh Differences between Stanhope and TownshendDismissal of the LatterThe Triple AllianceProject for the Invasion of ScotlandDetection of the PlotDismissal of Townshend and WalpoleThey go into OppositionWalpole's Financial SchemeAttack on CadoganTrial of OxfordCardinal AlberoniOutbreak of Hostilities between Austria and SpainOccupation of SardiniaAlberoni's DiplomacyThe Quadruple AllianceByng in the MediterraneanAlberoni deserted by SavoyDeath of Charles XII.Declaration of War with SpainRepeal of the Schism ActRejection of the Peerage BillAttempted Invasion of BritainDismissal of AlberoniSpain makes PeacePacification of Northern EuropeFinal Rejection of the Peerage BillThe South Sea CompanyThe South Sea BillOpposition of WalpoleRise of South Sea StockRival CompaniesDeath of StanhopePunishment of Ministry and DirectorsSupremacy of WalpoleAtterbury's PlotHis Banishment and the Return of BolingbrokeRejection of Bolingbroke's ServicesA Palace IntrigueFall of CarteretWood's HalfpenceDisturbances in ScotlandPunishment of the Lord Chancellor MacclesfieldThe Patriot PartyComplications AbroadTreaty of ViennaTreaty of HanoverActivity of the JacobitesFalls of Ripperda and of BourbonEnglish PreparationsFolly of the EmperorAttack on GibraltarPreliminaries of PeaceIntrigues against WalpoleDeath of George I.
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FORE:The turn of affairs on the Continent justified Walpole's gravest apprehensions. France was discovered to have made a compact with Spain, and once having taken this step, she displayed her usual activity in every Court of Europe, to induce the allies to break with England and prevent her from making new leagues. Walpole did his best to counteract these French influences. He managed to secure the Russian Court, before in connection with France, and subsidised Sweden, Denmark, Hesse-Cassel, and some other of the German States. But at this crisis (1740) died the savage old Frederick William of Prussia, and his son Frederick now commenced that extraordinary military career which obtained him the name of the Great. Temptingly adjoining his own territory, the young king beheld that of an equally young female sovereign, Maria Theresa of Austria, and he determined to extend his kingdom at her expense. The mystery of Frederick's movements was dissipated by his crossing, on the 23rd of December, the Austrian frontiers into Silesia. It was seen that it was the favourable opportunity of overpowering a weak neighbour which had tempted the Prussian to break his engagement, and to endeavour to make himself master of the domains of a defenceless young princess. But Frederick brought out some antiquated claims on the province Of Silesia, and on these he justified his breach of treaties. Maria Theresa applied, in her alarm, to the Powers who had concurred in the Pragmatic Sanction, but all except George II. fell away instantly from her. They believed her incapable of defending her territories, and hoped to come in for a share of the spoil. The Elector of Bavaria joined Prussia; Saxony did the same; France was eager for the promised half of the winnings; and Spain and Sardinia assured Frederick of their secret support. George II., confounded by this universal defection, advised Maria Theresa to compromise the affair with Prussia by giving up half Silesia, or the whole, if necessary; but the high-spirited queen rejected the proposal with scorn, and called on George to furnish the troops guaranteed by England under the Pragmatic Sanction. George could, however, only assemble some few soldiers on the Hanoverian frontier, but this obliged Frederick to appropriate a considerable section of his army to guard against any attack from Hanover.The success with Cricklade encouraged William Pitt to bring forward a motion for a general reform of Parliament. This he did on the 7th of May, and was seconded by Wilkes's old ally, Alderman Sawbridge. Pitt did not venture to talk of a Bill, but only to propose a Committee to consider the subject. This was granted; but it was soon apparent that nothing would be done. The Ministers were at variance on the subjectsome went one length, and some another; many of them were as determined against all Parliamentary reform as any Tories. Rockingham, the Prime Minister, especially, held much borough influence. He was utterly opposed, in secret, to all such reforms. Pitt himself would hear nothing of repealing the Septennial Act; but he was for sweeping away rotten boroughs and transferring their votes to the counties; he went for equalising the whole representation, for destroying the influence of the Treasury and the hereditary right assumed by the aristocracy, and, by disfranchising the rotten boroughs, for sweeping the House of the creatures of the India House. He was zealously supported by Fox, Sheridan, Sir George Savile; and the Duke of Richmond, in the Lords, warmly commended the movement; but the motion had the fate that might have been expectedit was negatived, though only by twenty votes.
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FORE:The folly of Ripperda, however, had ruined his credit with his own sovereigns and the nation even more than with foreign Powers. His swaggering and inflated language, in which he imagined that he was enacting Alberoni, had destroyed all faith in him. But his final blow came from his own false representations to each other of the preparations for war made by Austria and Spain. Count K?nigseck was most indignant when he discovered the miserable resources of the Spanish monarchy in comparison with the pompous descriptions made of them by Ripperda at Vienna; and the Spanish Court was equally disappointed by a discovery of the real military status of Austria. Ripperda was suddenly and ignominiously dismissed on the 14th of May.
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