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It was at the close of 1719, when George I. returned from Hanover, that this Company proposed to Ministers to consolidate all the funds into one. It was strange that both Ministers and merchants could be deluded by the hope of enriching themselves by a share of the trade with the Spanish South American provinces, when Spain herself, in full enjoyment of them, was sunk into indigence and weakness, and presented the most determined resistance to the unfettered intercourse of any other nation with them. Yet Sir John Blunt, a leading director of the South Sea Company, persuaded the Ministers that by granting the Company power to deal with the public funds, and especially to buy up the unredeemable annuities which had been granted in the two preceding reigns, chiefly on terms of ninety-nine years, and which now amounted to about eight hundred thousand pounds a year, they could, in twenty-six years, pay off the entire National Debt. But, to enable them to do this, they must be empowered to reduce all the different public securities to one aggregate fund in their hands, to convert both redeemable and unredeemable debts into stock by such arrangements as they could make with the holders, and to have certain commercial privileges vested in them. Ministers accepted the proposals with great alacrity. Aislabie introduced the scheme to Parliament in the month of February, 1720, declaring that, if it was accepted by the House, the prosperity of the nation would be amazingly enhanced, and all its debts liquidated in a very few years. Craggs seconded the proposal in most sanguine terms, expressing his conviction that every member of the House must be ready to adopt so advantageous an offer. Ministers had already closed with the proposals of the Company, and they were themselves greatly disconcerted by the suggestion of Mr. Thomas Brodrick, the member for Stockbridge, who expressed his entire accordance with Ministers, but thought that the nation should endeavour to obtain the best terms for itself by opening the competition to every other company or association of men as well as that in question. Ministers were confounded by this proposal, and Aislabie endeavoured to get out of it by declaring that to do this would be like putting the nation up to auction, and that such things should be done with spirit. But Jekyll interposed, saying it was this spirit which had ruined the nation, and it was now requisite to consider seriously what was best for the public. A violent debate ensued, in which Walpole eloquently recommended open competition, and was sharply replied to by Lechmere. The question was carried in favour of competition; and then the Bank of England, which before had coolly declined to enter into the proposals, suddenly appeared in a new temper, and made liberal offers for the privilege of thus farming the public debts. But the South Sea Company was not to be outdone; it offered seven millions and a half, and the Bank gave way in despair.

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The affairs of Ireland had been entrusted in the House of Commons to the vigorous hands of Mr. Stanley (afterwards Earl of Derby), who had been sent over as Chief Secretary with Lord Anglesey, and whom, from his firmness in administering the law, Mr. O'Connell denounced as "scorpion Stanley." On the 24th of March Mr. Stanley moved the first reading of the Bill to amend the representation of Ireland. A long and a violent debate ensued, in which Ireland was not so much thought of as the vast general interests involved in the impending revolution. In the meantime Ministers had done what they could to make the king comfortable with regard to his revenue. They proposed 510,000 a year for the Civil List, instead of 498,480, as recommended by the committee, while the liberal jointure of 100,000 a year was settled upon Queen Adelaide. This gratified his Majesty in the highest degree, and reconciled him to the dissolution, his decision being hastened by the attempt of the Tories to stop supplies. When the royal carriages were not ready to take him to the House of Lords, the king said, "Then call a hackney coach."But far different was the issue of the troubles with his Flemish subjects, which, with an unaccountable folly and absence of good faith, he had excited. He sent into the Netherlands Count Trautmansdorff as Governor, and General Dalton, a brutal Irishman, as commander. The latter ordered the professors of theology at Louvain to give way to the Emperor's reforms, and, as they refused, Dalton turned them out by force, shut up the colleges, and Joseph sent back again the German professors, who had been before recalled, to appease the popular indignation. But the colleges remained empty; not a student would attend the classes of the Germans. As the volunteer corps had disbanded themselves, in reliance on the Emperor's wish, Trautmansdorff calculated on an easy compulsion of the people, and he called on the Grand Council at Brussels to enforce the decrees of the Emperor. The Council paid no regard to the order.

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ONE:The measures of Church Reform that had been adopted in Ireland suggested the propriety of adopting similar measures in England, where the relations between the clergy and the people were not at all as satisfactory as they should be, and where the system of ecclesiastical finances stood greatly in need of improvement. Accordingly, a Royal Commission was appointed during the Administration of Sir Robert Peel, dated the 4th of February, 1835, on the ground that it was "expedient that the fullest and most attentive consideration should be forthwith given to ecclesiastical duties and revenues." The Commissioners were directed to consider the state of the several dioceses in England and Wales with reference to the amount of their revenues and the more equal distribution of episcopal duties, and the prevention of the necessity of attaching by commendam to bishoprics benefices with cure of souls. They were to consider also the state of the several cathedral and collegiate churches in England and Wales, with a view to the suggestion of such measures as might render them conducive to the efficiency of the Established Church; and to devise the best mode of providing for the cure of souls, with special reference to the residence of the clergy on their respective benefices. They were also expected to report their opinions as to what measures it would be expedient to adopt on the various matters submitted for their consideration. The Commissioners were the two Archbishops, the Bishops of London, Lincoln, and Gloucester, the Lord Chancellor, the First Lord of the Treasury, with other members of the Government and laymen not in office. When the change of Government occurred a few months afterwards, it was necessary to issue a new commission, which was dated the 6th of June, for the purpose of substituting the names of Lord Melbourne and his colleagues for those of Sir Robert Peel and the other members of the outgoing Administration. But before this change occurred the first report had been issued, dated the 17th of March, 1835. Three other reports were published in 1836, dated respectively March 4th, May 20th, and June 24th. A fifth had been prepared, but not signed, when the death of the king occurred. It was, however, presented as a Parliamentary paper in 1838.

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THREE:The next morning London was thrown into consternation by the announcement of this conspiracy, and by a reward of one thousand pounds being offered in the Gazette for the apprehension of Thistlewood. He was captured before eight o'clock that morning, whilst in bed, at the house of a comrade, in Moorfields. But his arrest did not diminish the wild alarms which not only seized the capital but the country. This was immediately believed to be only the centre of that universal conspiracy of which Government had taken so much pains to propagate an impression. People everywhere were arming for the defence of their own neighbourhoods, and magistrates and yeomanry were turning out by night to keep watch against a surprise, whilst people in town took great care to lock and barricade their houses against the invisible foe. Thistlewood and nine others were put upon their trial on the 13th of April, and, after a trial of three days, he and eight of them were pronounced guilty, and himself and four of the most desperate were condemned to death; the others were sentenced to transportation for life; but one man, who was proved to have been amongst them without being aware of their object, was pardoned. Thistlewood and the four others were executed on the 1st of May. The next day Alderman Wood moved in the House of Commons for an inquiry into the conduct of Edwards, but it was rejected by a large majority. On the 19th he again returned to the subject, and supported his motion by producing depositions from many persons brought before him as a magistrate, demonstrating, in the plainest manner, that Edwards had recommended to them the murder of Ministers and the destruction of Parliament, had furnished plans for these objects, and had done all in his power to seduce needy men into these measures. He proved, also, from the same depositions, that Edwards himself had been living for six weeks in great affluence in the house of a schoolmaster in St. George's Street, Hanover Square, who was not aware of the occupation of Edwards till the wretch himself informed him of it. Alderman Wood called on Parliament to act on this unquestionable evidence, and purge itself of any sanction of such disgraceful transactions. But Ministers again resisted all inquiry, and their friends openly defended them in the use of such means, even ridiculing Alderman Wood, and those who supported his motion, for supposing that Lord Sidmouth would proceed against Edwards through any depositions furnished by magistrates. The motion was, of course, thrown out.[474]
THREE:In this uneasy state of things Austria very unnecessarily put the match to the political train, and threw the whole of the south of Europe again into war. Don Joseph Molina, the Spanish Ambassador at Rome, being appointed Inquisitor-General at Spain, commenced his journey homewards, furnished with a passport from the Pope, and an assurance of safety from the Imperial Minister. Yet, notwithstanding this, he was perfidiously arrested by the Austrian authorities and secured in the citadel of Milan. The gross insult to Spain, and equally gross breach of faith, so exasperated the King and Queen of Spain that they would listen to nothing but war. The earnest expostulations of Alberoni, delivered in the form of a powerful memorial, were rejected, and he was compelled to abandon the cherished hopes of peaceful improvement and make the most active preparations for war.Reproduced by Andr & Sleigh, Ltd., Bushey, Herts.

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THREE:Ten years passed away from the adoption of Mr. Canning's resolution, and little or nothing was effectually done to mitigate the system, not-withstanding various subsequent recommendations of the British Government. The consolidated slave law for the Crown colonies contained in an Order in Council issued in 1830, was proposed for the chartered colonies as a model for their adoption; but it contained no provision for the education or religious instruction of the slaves. All the chartered colonies, except two, Grenada and Tobago, had legalised Sunday markets, and they allowed no other time to the negroes for marketing or cultivating their provision grounds. The evidence of slaves had been made admissible; but in most of the colonies the right was so restricted as to make it entirely useless. Except in the Crown colonies, the marriage of slaves was subject to all sorts of vexatious impediments. The provision against the separation of families was found everywhere inoperative. The right of acquiring property was so limited as to prove a mockery and a delusion. The Order in Council gave the slaves the right of redeeming themselves and their families, even against the will of their owners; but all the chartered colonies peremptorily refused any such right of self-liberation. In nearly all the colonies the master had a right by law to inflict thirty-nine lashes at one time, on any slave of any age, or of either sex, for any offence whatever, or for no offence. He could also imprison his victims in the stocks of the workhouse as long as he pleased. There was no return of punishments inflicted, and no proper record. An Order in Council had forbidden the flogging of females; but in all the chartered colonies the infamous practice had been continued in defiance of the supreme Government. The administration of justiceif the term be applicable to a system whose very essence was iniquitywas left to pursue its own course, without any effort[367] for its purification. In July, 1830, Mr. Brougham brought forward his motion, that the House should resolve, at the earliest possible period in next Session, to take into consideration the state of the West Indian colonies, in order to the mitigation and final abolition of slavery, and more especially in order to the amendment of the administration of justice. But the national mind was then so preoccupied with home subjects of agitation that the House was but thinly attended, and the motion was lost by a large majority. The Reform movement absorbed public interest for the two following years, so that nothing was done to mitigate the hard lot of the suffering negro till the question was taken up by Mr. Stanley, in 1833, in compliance with the repeated and earnest entreaties of the friends of emancipation. The abolitionists, of course, had always insisted upon immediate, unconditional emancipation. But the Ministerial plan contained two provisions altogether at variance with their views; a term of apprenticeship, which, in the first draft of the measure, was to last twelve years, and compensation to the ownersa proposition which, though advanced with hesitation, ultimately assumed the enormous amount of twenty millions sterling. On the principle of compensation there was a general agreement, because it was the State that had created the slave property, had legalised it, and imposed upon the present owners all their liabilities. It was therefore thought to be unjust to ruin them by what would be regarded as a breach of faith on the part of the legislature. The same excuse could not be made for the system of protracted apprenticeship, which would be a continuance of slavery under another name. If the price were to be paid for emancipation, the value should be received at once. This was the feeling of Lord Howick, who was then Under-Secretary for the Colonies, and who resigned his office rather than be a party to the apprenticeship scheme, which he vigorously opposed in the House, as did also Mr. Buxton and Mr. O'Connell. But the principle was carried against them by an overwhelming majority. Among the most prominent and efficient advocates of the negroes during the debates were Mr. Buckingham, Dr. Lushington, Admiral Flemming, and Mr. T. B. Macaulay. The opposition to the Government resolution was not violent; it was led by Sir Robert Peel, whose most strenuous supporters were Sir Richard Vivian, Mr. Godson, Mr. W. E. Gladstone, and Mr. Hume. In the House of Lords the resolutions were accepted without a division, being supported by the Earl of Ripon, Lord Suffield, Earl Grey, and the Lord Chancellor Brougham. The speakers on the other side were the Duke of Wellington, the Earl of Harewood, Lord Ellenborough, and Lord Wynford.

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FORE:It was natural that this mighty turn in affairs[74] on the Continent should be watched in Great Britain with an interest beyond the power of words. Though this happy country had never felt the foot of the haughty invader, no nation in Europe had put forth such energies for the overthrow of the usurper; none had poured forth such a continual flood of wealth to arm, to clothe, to feed the struggling nations, and hold them up against the universal aggressor. Parliament met on the 4th of November, and, in the speech of the Prince Regent and in the speeches in both Houses, one strain of exultation and congratulation on the certain prospect of a close to this unexampled war prevailed. At that very moment the "Corsican upstart" was on his way to Paris, his lost army nearly destroyed, the remains of it chased across the Rhine, and himself advancing to meet a people at length weary of his sanguinary ambition, and sternly demanding peace.

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FORE: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.

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FORE:The force left to keep possession of Cabul and guard the protg of the Indian Government[495] was so situated as to tempt the aggression of a treacherous enemy. Sir William Macnaghten, the British Resident, and his suite, resided in the Mission Compound, which was badly defended, and commanded by a number of small forts, while the commissariat stores were placed in an old fort, detached from the cantonment and in such a state as to be wholly indefensible. Moreover, General Elphinstone, the commander of the troops, was old and inefficient. A conspiracy had been formed by the friends of Akbar Khan, son of the deposed sovereign, Dost Mahomed, who forged a document, and had it circulated amongst the principal men of Cabul, to the effect that it was the design of the British envoy to send them all to London, and that the king had issued an order to put the infidels all to death. The insurrection commenced by an attack on the dwellings of Sir Alexander Burnes, who was about to succeed Macnaghten, and Captain Johnson, who resided in the city. Sir Alexander addressed the party from the gallery of his house, thinking that it was a mere riot. The insurgents, however, broke in, killed him with his brother, Lieutenant Burnes, and Lieutenant Broadfoot, and set the house on fire. The Afghans then surrounded the cantonments, and poured in a constant fire upon them from every position they could occupy. They quickly seized the ill-defended commissariat stores, upon which the existence of the British depended. The garrison bravely defended itself with such precarious supplies as could be had from the country; but at length these supplies were exhausted. Winter set in, snow fell, and there was nothing before them but the prospect of starvation. They therefore listened to overtures for negotiation, and the British envoy was compelled to consent to these humiliating terms on the 11th of December, 1841:That the British should evacuate the whole of Afghanistan, including Candahar, Ghuznee, and Jelalabad; that they should be permitted to return unmolested to India, and have supplies granted on their road thither; that means of transport should be furnished to the troops; that Dost Mahomed Khan, his family, and every Afghan then detained within our territories should be allowed to return to their own country; that Shah Sujah and his family should receive from the Afghan Government one lac of rupees per annum; that all prisoners should be released; that a general amnesty should be proclaimed; and that no British force should ever be sent into Afghanistan without being invited by the Afghan Government. These terms having been agreed to, the chiefs took with them Captain Trevor as a hostage; but nothing was done to carry the agreement into effect, and Macnaghten and Elphinstone remained irresolutely at Cabul. Some of their staff attempted to bribe the Afghans, and Akbar Khan thereupon determined to withhold supplies. It soon became evident that the object was to starve out the garrison, and compel them to surrender unconditionally. At length, on the 22nd of December, they sent two persons into the cantonment, who made a proposal in the name of Akbar Khan, that the Shah should continue king, that Akbar should become his Prime Minister, and that one of the principal chiefs should be delivered up to the British as a prisoner. This was a mere trap, into which Sir William Macnaghten unfortunately fell with fatal credulity. On the 23rd of December the envoy, attended by Captains Lawrence, Trevor, and M'Kenzie, left the Mission Compound, to hold a conference with Akbar Khan in the plain towards Serah Sung. Crowds of armed Afghans hovering near soon excited suspicions of treachery. Captain Lawrence begged that the armed men might be ordered off; but Akbar Khan exclaimed, "No, they are all in the secret." At that instant Sir William and the three officers were seized from behind and disarmed. Sir W. Macnaghten was last seen on the ground struggling violently with Akbar Khan, consternation and terror depicted on his countenance. "His look of wondering horror, says Kaye, "will never be forgotten by those who saw it, to their dying day." The other three officers were placed on horses, each behind a Ghilzai chief, who galloped off with them to a fort in the neighbourhood. Captain Trevor fell off his horse, and was instantly murdered. The others were assailed with knives by the infuriated Afghans, and barely escaped to the fort with their lives. Meanwhile the head of the British Minister was cut off and paraded through the streets, while the bleeding and mangled trunk was exposed to the insults of the populace in the principal bazaar.To these, in 1785, the Rev. Dr. Edmund Cartwright introduced a loom for weaving by water or steam power, which soon superseded hand-loom weaving. In 1803 Mr. H. Horrocks greatly improved this, and from this germ has grown up the system of weaving cottons, silks, and woollens by machinery. Add to this the application of similar machinery to calico-printing, and the like to weaving of lace, invented by Robert Frost, of Nottingham, or by a working mechanic of that town named Holmes, which afterwards received many improvements, and we have the varied means by which the manufacturing power of England was raised far above that of all the world; and which, reaching other countries in spite of legislative impediments, soon established similar manufactures in France, Belgium, Germany, Switzerland, and America. In Great Britain alone the importation of raw cotton was increased from 4,764,589 lbs. in 1771 to 151,000,000 lbs. in 1818; and such was the spread of trade of all kinds from the use of machinery, that our exports of manufactured goods in 1800, when the European nations were incapacitated for manufacturing by Napoleon's general embargo, amounted to 116,000,000.

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THREE:
FORE:INTERIOR OF THE HOUSE OF COMMONS IN 1742.

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FORE:We come now to the rebellion of 1715. The succession of the House of Hanover had raised the Pretender and his Jacobite faction in England to a pitch of excitement which made them ready to rush upon the most desperate measures. In England the destruction of the Tory Ministry, the welcome given to the new Protestant king, and the vigour with which the Whigs and all the supporters of the principles of the Revolution had shown the majority which they were able to return to the new Parliament, were all indications that the spirit of the nation was more firmly than ever rooted in Protestantism and the love of constitutional liberty, and that any endeavours to overturn the new dynasty must be supported by an overwhelming power from without. Without such force the event was certain failure; yet, under existing auspices, it was determined to try the venture. Bolingbroke, on his arrival in France, saw that all was rashness, impatience, and want of preparation in the party on both sides of the Channel. The Highlanders were all eagerness for the Chevalier's arrival, lest he should land in England, and the English should snatch the glory of the restoration from them. From England came the letters of Ormonde, who was down in the West, and sent most glowing representations of the spirit of the people there; that out of every ten persons nine were against King George, and that he had distributed money amongst the disbanded officers, to engage them in the cause of King James. But all these fine words terminated with the damping intelligence that nobody would stir until they saw the Chevalier with a good army at his back. Such an army there was not the smallest hope of obtaining from France. All that Louis would or could do, without engaging in a new war with England, was to prevail on his grandson, Philip of Spain, to[28] advance four hundred thousand crowns for the expedition, and besides this, the Pretender had been able privately to borrow another hundred thousand, and purchase ten thousand stand of arms. At this juncture came two fatal eventsthe flight of Ormonde and the death of Louis XIV. on September 1st.

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FORE:It was the tremendous exertions of O'Connell and his followers that secured the triumph of the Liberal party in this memorable struggle. The first trial of strength was on the election of a Speaker. Parliament met on the 19th of February, 1835, and Lord Francis Egerton, one of the members for Lancashire, moved that Sir C. Manners Sutton, who for eighteen years had filled the chair with the unanimous approbation of all parties in the House, should be re-elected. Mr. Denison, one of the members for Surrey, proposed Mr. Abercromby, a gentleman of high position at[380] the bar, and member for the city of Edinburgh. The division, it was felt on both sides, would be decisive as to the fate of the Government, by showing whether or not it was supported by a majority of the new Parliament which was the response given to the Prime Minister's appeal to the country. The house was the fullest on record, there being 626 members present. Mr. Abercromby was elected by a majority of ten, the numbers being 316 to 306. Sir Charles Sutton was supported by a majority of the English members23, but his opponent had a majority of ten of the Scottish. Still, had the decision been in the hands of the British representatives, Government would have had a majority of 13; but of the Irish members only 41 voted for Sutton, while 61 voted for Abercromby. From this memorable division two things were evident to the Tories, in which the future of England for the next half century was to them distinctly foreshadowed; the first was, that the Ministry was entirely, on party questions, at the mercy of the Irish Catholic members; the second, that the county members of the whole empire were outvoted by the borough members in the proportion of 35 to 20, and that a large majority of the former had declared for the Conservative side.

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The Scottish rebellion had been an auspicious circumstance for the arms of France. Marshal Saxe had taken the field, to the surprise of the Allies, in the very middle of winter, invested Brussels, and compelled it to surrender on the 20th of February, 1746. One town fell after another; Mons, Antwerp, Charleroi, and finally, Namur capitulated on the 19th of September, after a siege of only six days. As soon as Cumberland could leave Scotland after the battle of Culloden, he returned to London, in the hope that he should be appointed, covered, as he was, with his bloody laurels, to the supreme command of the Allied forces in Flanders, where he flattered himself he could arrest the progress of the French. But that command had been conferred on Prince Charles of Lorraine, the Emperor's brother, much to the disgust of both Cumberland and the king. On the 11th of October the Prince of Lorraine engaged the French at Raucoux, on the Jaar, and was signally defeated; the English cavalry, under General Ligonier, managing to save his army from total destruction, but not being able to stem the overthrow. At the close of the campaign the French remained almost entire masters of the Austrian Netherlands.The first Session of the National Assembly was opened by the king in person on the 22nd of[577] May, but it did not conduct itself in a manner to recommend universal suffrage, or to make the friends of orderly government enamoured of revolution. Eventually it was dispersed by force. The new Chambers were opened on the 26th of February by the king in person, Count Brandenburg having led him to the throne. He stated that circumstances having obliged him to dissolve the National Assembly, he had granted to the nation a Constitution which by its provisions fulfilled all his promises made in the month of March. This Constitution was modelled after that of Belgium. The House was to consist of two Chambers, both electivethe former by persons paying 24s. a year of direct taxes, and the latter by a process of double election: that is, the deputies were chosen by delegates, who had themselves been elected by universal suffrage, there being one deputy for every 750 inhabitants. All Prussians were declared equal in the eye of the law, freedom of the press was established, and all exclusive class privileges were abolished. The judges were made independent of the Crown, and no ordinance was to have the force of law without the sanction of the Assembly.In these unfortunate circumstances, Charles Townshend, as Chancellor of the Exchequer, proposed the annual rate for the land-tax. He called for the amount of four shillings in the pound, the rate at which it had stood during the war; but he promised next year to reduce it to three. The country gentlemen grumbled, representing that in years of peace it was commonly reduced to three and sometimes to two. Grenville saw his advantagehis great opponent away and the landholders ready to rebeland he moved that, instead of next year, the reduction should take place immediately. Dowdeswell supported him, and the amendment was carried by two hundred and six votes against a hundred and eighty-eight. The Opposition was astonished at its own success, and yet it need not have been; they who had to vote were chiefly land-owners, and men who did not like taxing themselves. As Lord Chesterfield observed, "All the landed gentlemen had bribed themselves with this shilling in the pound."Cries not when his father dies,
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