THREE: Lord Boyle, son of Lord Shannon, father and son received each 15,000 for their boroughs.
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THREE:Before the close of April a great commercial crisis had taken place in England, and Ministers were compelled to make a new issue, by consent of Parliament, of five millions of Exchequer Bills, to assist merchants and manufacturers, under proper security. The sudden expansion of industry which was met by an undue increase of the paper currency rather than bullion, combined[417] with reckless banking, produced the crisis. It was calculated that out of the 350 provincial banks 100 failed. In the circumstances the issue of Exchange Bills was a most successful makeshift.
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THREE:The great maritime struggle of the year was at Toulon. The south of France was then in active combination against the Convention and the Jacobin faction. There was a determination in Toulon, Marseilles, and other places on the coast to support the Royalist party in Aix, Lyons, and other cities. For this purpose they invited the British to co-operate with them. Lord Hood, having obtained from the people of Toulon an engagement to surrender the fleet and town to him, to be held for Louis XVII., arrived before that port in July, with, however, only seven ships of the line, four frigates, and some smaller vessels. Nearly all the old Royalist naval officers were collected in Toulon, and were so eager for revenge on the Jacobin officers and sailorswho had not only superseded them, but had persecuted them with all the savage cruelty of their factionthat they were all for surrendering their fleet to Lord Hood, and putting him in possession of the forts and batteries. There was a firm opposition to this on the part of the Republicans, both in the fleet and the town, but it was carried against them. Besides the Royalist townsmen, there were ten thousand Proven?als in arms in the town and vicinity. As General Cartaux had defeated the Royalists at Marseilles, taken possession of the town, and, after executing severe measures on the Royalists there, was now in full march for Toulon, there was no time to be lost. Lord Hood landed a body of men under Captain Elphinstone, to whom the forts commanding the port were quietly surrendered. Lord Hood was thus at once put into possession of the best French port in the Mediterranean, and a great fleet, with all the stores and ammunition. But he knew very well that the place itself could not long be maintained against the whole force of Republican France. He resolved, however, to defend the inhabitants, who had placed themselves in so terrible a position with their merciless countrymen, to the utmost of his power. He therefore urged the Spaniards to come to his assistance, and they sent several vessels, and three thousand men. He received reinforcements of ships and men from Naplesthe queen of which was sister to Marie Antoinetteand from Sardinia. Fresh vessels and men also arrived from England. Lord Mulgrave arrived from Italy, and at Lord Hood's request assumed command, for the time, of the land forces."Yes?" said Landor. The inflection was not pleasing. It caused Brewster to answer somewhat weakly, "Yes."
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