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In this Convention no mention was made of the right of search, and various other matters were reserved for the consideration of the plenipotentiaries. When the Convention was announced to Parliament by the king in his opening speech, there arose a general denunciation of it both in and out of Parliament. The right of search was declared to be purposely sacrificed; the limits of Georgia were undefined; and the Spanish captains in the West Indies were unpunished for all their cruelties. That sixty thousand pounds should be allowed for compensation for ships taken by Admiral Byng in 1718 was very justly declared taxing us for our victories. In fact, Walpole, in this treaty, seemed ready to give up everything to Spain, knowing, probably, how hopeless it was to extract money from that country, and glad of an excuse of any set-off against our claims as to the easiest way of settling them. But all did not avail him. The more conceding he was to the Spaniards the more immovable they became, whilst the public at home were enraged at the tameness displayed by Ministers. Ministers found their majority continually on the wane. On the division in the Commons it had dwindled to twenty-eight, namely, two hundred and sixty votes against two hundred and thirty-two.On the 16th of April Parliament was dissolved and the elections were conducted with immense party heat. Each side did all in its power, by fair means and foul, to increase its adherents. Sir Robert used the persuasives for which he became so famous, that he boasted "every man had his price," and if we are to believe the journals of the day, the Opposition were not at all behind him, as far as their ability went. They made ample use, too, of the Septennial Act, the Riot Act, the Excise scheme, and the unrecompensed commercial claims on Spain. They declared the neutrality preserved under such circumstances disgraceful to the country, though they would have been the first to have denounced Ministers had they gone to war. They gained several seats, but when the Parliament met in January, 1735, it was soon discovered that, though less, the majority was as steady as ever, and the Opposition having tried their strength against it for a few times, became greatly depressed for a while. Bolingbroke quitted the country, and settled himself at Chanteloup, in Lorraine.During this period Richard Bentley, Master of Trinity College, Cambridge, and archdeacon of Ely, figures prominently as one of the most profound classical scholars that Great Britain has produced, and, at the same time, as one of the most quarrelsome, arrogant, and grasping of men. The circumstance which made the most noise in his career was his controversy with the Hon. Charles Boyle regarding the authenticity of the Epistles of Phalaris and the Fables of ?sop. In this dispute he had to contend with Drs. Atterbury, French, King, and Smallridge, who made the reply to him in their "Examination of Bentley's Dissertation on the Epistles," in the name of Boyle. Swift also attacked him in "The Battle of the Books." The controversy made an immense noise at the time, and Bentley completely proved his assertion, that both the Epistles of Phalaris and the Fables of ?sop, in their present form, are spurious. The services of Bentley in publishing corrected editions of various classical works are of no ordinary kind. Amongst the authors who have received the benefit of his critical touches are Aristophanes, Cicero, Menander, Philemon, Horace, Nicander, Ph?drus, and Homer. In his editions of Horace and Homer, however, he laid himself open to severe criticism by his rash and arbitrary emendations of the text, and still more so by his edition of Milton's "Paradise Lost," from the same cause. In this case he showed that he was as deficient in the Italian and romantic learning, which Milton had made himself master of, as he was great in his own classical field. Bentley displayed himself as a theologian of great distinction by his refutation of Collins's "Discourse of Freethinking," and his lectures at Oxford in defence of the Christian religion.
  • ONE: TWO:

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  • ONE:Burnet describes the state of religion and intelligence in the nation at the period of Anne's reign as most lamentable, the clergy as "dead and lifeless: the most remiss in their labours in private, and the least severe in their lives," of all that he had seen amongst all religions at home or abroad; the gentry "the worst instructed and the least knowing of any of their rank that he ever went amongst;" and the common people beyond all conception "ignorant in matters of religion." The words of Atterbury, a high Tory, were quite as strong. A description of the state of religion in the country, drawn up by him, was presented by Convocation to the queen, which stated that "the manifest growth of immorality and profaneness," "the relaxation and decay of the discipline of the Church," the "disregard to all religious places, persons, and things," had scarcely had a parallel in any age. Dr. Calamy, a great Nonconformist, equally complains that the "decay of real religion, both in and out of the Church," was most visible. Under the Georges much the same state of affairs[143] prevailed. The episcopal bench was Whig, though very apathetic; while the clergy were Tory, and disinclined to listen to their superiors.Lord Auckland was then Governor-General of India, but the period of his tenure of office was drawing to a close. He hoped it would end brightly, that the war for the restoration of an imbecile and puppet king would have ended triumphantly, and that he would return to his native land bearing something of the reflected glory of the conquerors of Afghanistan. He had been cheered by the despatches of the too sanguine envoy in the month of October, who spoke only of the continued tranquillity of Cabul. November passed, however, without any intelligence, and all was anxiety and painful suspense. Intelligence at last came confirming the worst anticipations. Calcutta was astounded at the news that Afghanistan, believed to be prosperous and grateful for British intervention, was in arms against its deliverers. Suddenly the tranquillity of that doomed country was found to be a delusion. "Across the whole length and breadth of the land the history of that gigantic lie was written in characters of blood." Confounded and paralysed by the tidings of so great a failure, which he had not energy to retrieve, he thought only of abandoning the vicious policy of aggression that had ended so miserably, and given such a terrible blow to the prestige of British power in India, on which our dominion in the East so much depended. He had owed his appointment to the Whigs; and the Conservatives, who were now in office, had opposed the policy of the Government regarding the Afghan war. But no one seemed more sick of the policy of aggression than the Governor-General himself. He became thoroughly convinced of the folly of placing a detached force in a distant city which could be reached only through dangerous defiles occupied by an ever-watchful enemy, depending for supplies upon uncertain allies, and without any basis of operations. The expedition had proved enormously expensive, and had drained the Indian treasury of funds that should have been employed in developing the resources of our Indian possessions. When all this had ended in disastrous failure and national disgracewhen he recollected that the directors of the Company, as well as the Government, had expressed intense dissatisfaction at his policy, feeling conscious that their complaints were just, and that their worst forebodings had been realised, his spirit seems to have been completely broken; instead of any attempt at retrieving the[497] misfortunes of his Government, he thought only of saving, if possible, what remained of the forces that he had sent across the Indus. Writing to the Commander-in-Chief, Sir Jaspar Nicolls, who was then on a tour through the Upper Provinces of India, with reference to the sending forward of reinforcements, he said he did not see how the sending forward of a brigade could by any possibility have any influence on the events which it was supposed were then passing at Cabul, which they could not reach before April. In his opinion they were not to think of marching fresh armies to the reconquest of that which they were likely to lose. He feared that safety to the force at Cabul could only come from itself. The Commander-in-Chief himself had been always of opinion that the renewed efforts of the Government to support Shah Sujah on his throne, and to establish a permanent influence in Afghanistan, was a great mistake. However, owing to the energy of Mr. George Clarke, the Governor-General's agent on the north-west frontier, and his assistant, Captain, afterwards Sir, Henry Lawrence, forces were dispatched from that quarter, under the command of General Pollock, who had commanded the garrison of Agra, having been in the Indian service since 1803, and having distinguished himself under General Lake. This appointment gave the greatest satisfaction, as it was believed that he was selected solely for his merit, and not through aristocratic influence. While he was preparing to advance, Lord Auckland was recalled, and Lord Ellenborough, the new Governor-General, arrived at Calcutta. TWO:

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  • ONE: TWO:

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  • ONE:The new Ministry consisted of Addington, son of Chatham's old physician, Dr. Addington, as First Lord of the Treasury and Chancellor of the Exchequer: the Duke of Portland, President of the Council; Lord Eldon, Chancellor; Earl St. Vincent, First Lord of the Admiralty; the Earl of Chatham, Master-General of the Ordnance; Lord Pelham, Secretary of the Home Department; Lord Hawkesbury, the eldest son of the Earl of Liverpool, Secretary for Foreign Affairs; Lord Hobart, Secretary for the Colonies. Several of Pitt's Ministers remained, but the important members, Grenville, Dundas, Woodham and Spencer retired with him. It was soon seen, however, that though Pitt was out of office his principles dominated in it, and that there was no chance of a change of system. The Cabinet was one of mediocrities, and was probably regarded by Pitt as a convenient makeshift until he could return to power.[480] TWO:

    Integer suscipit imperdiet nisi ac hendrerit. Nam congue felis ac massa rutrum pulvinar. Donec sodales eros sed efficitur mattis. Maecenas tincidunt, felis a placerat maximus, eros nulla dapibus dui, at facilisis enim odio at velit. Aenean dictum eleifend mi sit amet luctus.

  • ONE:On the 15th of March he took a more decided position of hostility to the Cabinet, by moving for an inquiry into the state of the navy. The Earl St. Vincent was now First Lord of the Admiralty, and he proved quite incompetent. Many gunboats had been broken up from motives of economy, and naval stores sold, for the most part, to the French. Pitt declared that only twenty-three gunboats had been built since January, 1803, and that the whole management of the navy was inert. "MY DEAR PEEL,I find it difficult to express to you the regret with which I see how widely I differ in opinion with Graham and yourself as to the necessity for proposing to Parliament a repeal of the Corn Laws. Since the Cabinet on Saturday I have reflected much and anxiously upon it;[519] but I cannot bring my mind to any other conclusion than that at which I had then arrived. I have thought it best to put down in writing the view of the case which presents itself to me; and when you have read it, I will thank you to send it on to Graham, with whom I have had no conversation upon it. I foresee that this question, if you persevere in your present opinion, must break up the Government one way or the other; but I shall greatly regret indeed if it should be broken up, not in consequence of our feeling that we had proposed measures which it properly belonged to others to carry, but in consequence of differences of opinion among ourselves." TWO:Britain was anxiously appealed to for aid; but Pitt, who had raised so powerful an armament to check the attacks of Russia on Turkey, was not disposed to denounce the attempts of Russia on Poland. He might be blamed for refraining from exerting the moral power of Britain in condemnation of the unprincipled aggression of Russia, but he could not be expected to take arms in defence of Poland, so far removed from the influence of a maritime nation. Colonel Gardiner, our Minister at Warsaw, was instructed by our Secretary for Foreign Affairs, Lord Grenville, to express a friendly interest towards Poland, but to take care to avoid raising hopes of assistance. The Poles, repelled by Prussia and Austria, and finding no warmth of sympathy in the agent of Britain, dispatched Count Bukaty in June to London to plead for aid. But Pitt was cold and immovable, though he saw with regret that the absorption of this large country, in the centre of Europe, would formidably increase that preponderance of Russia, which he had attempted to prevent when there was a question of the absorption of Turkey. He adopted an attitude of strict neutrality. No motion condemnatory of Russia's grasping schemes was made in Parliament; it seemed to Britain a matter of no moment that one of the chief nations of Europe should be torn in pieces by rapacious Powers, contrary to all moral and international law. The Whigs, those warm advocates of revolution and of popular freedom, were dumb. In fact, what could they say? Fox and his admirers had all along been lauding the Russian Empress as one of the greatest, ablest, and most innocent of monarchs, simply in opposition to Pitt and his endeavours to repress her schemes of aggrandisement. Fox had even sent Mr. Adair as his emissary to St. Petersburg, to congratulate her on her successes, and to assure her of the admiration of Englishmen. Such are the perversities into which men are driven by party spirit! At this very moment Fox and the Whigs were flattering and patting Catherine on the back, when her bandit armies had already their feet on the doomed soil of Poland, and they were still applauding the Revolutionists of France, when they were already beyond the Rhine, on that crusade of conquest which plunged Europe into more than twenty years of the most horrible bloodshed. They saw all this when too late. For the present, what was done for Poland was to call a meeting at the Mansion House and open a subscription for the suffering Poles.

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THREE:On the 22nd the Commons went into committee on this subject, and Mr. Tierney then proposed that both the establishment at Windsor and the salary to the Duke of York should be paid out of the Privy Purse or other private funds of the Crown. There was a private property belonging to the Crown of one hundred and forty thousand pounds a year, and surely this was sufficient to defray the charge of the necessary care of the king's person. He reminded the House also of the sums which had been voted for the royal family since 1811. Besides fifty thousand pounds a year set apart for the debts of the Prince Regent, he had a privy purse of sixty thousand pounds a year, besides an additional grant of ten thousand pounds a year made since. The king had also a privy purse of sixty thousand pounds a year, with an additional revenue of ten thousand pounds from the Duchy of Lancaster. Surely, out of all these sums, there must be ample means of taking care of the king's person. To all these second statements Mr. Peelafterwards the Sir Robert who began his political career in the ranks of high Toryismreplied that the Duke of York would accept no salary which came from the Privy Purse, and he quoted Sheridan and Adam, old friends of the Prince Regent, and staunch Whigs, who had zealously advocated the sacredness of the Privy Purse. When the vote was taken for the disposal of the sum for the Windsor establishment, it was carried by two hundred and eighty against one hundred and eighty-six, a sufficient proof that in the new Parliament the Government possessed a strong majority. On the 25th the proposal to confer on the Duke of York ten thousand pounds per annum, for this charge of his own father's person, was also carried by a still larger majoritytwo hundred and forty-seven against one hundred and thirty-seven. In the debate, Denman and Brougham opposed the vote, and Canning supported it. In the House of Peers Lords Grey, Lansdowne, and other Whig peers opposed the vote of the ten thousand pounds to the Duke of York. And truly, in private life, it would not have seemed very filial conduct for a man, already possessing a large income, to require a great annual payment for discharging the simple duty of seeing that his aged father, a gentleman also of ample means, was well looked after.
THREE:King of the prow, the ploughshare, and the sword!

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THREE:During his absence from the extreme south, General Graham, with about four thousand British and Portuguese, had quitted Cadiz by sea, and proceeded to Alge?iras, where he landed, intending to take Victor, who was blockading Cadiz, in the rear. His artillery, meanwhile, was landed at Tarifa; and on marching thither by land, over dreadful mountain roads, he was joined, on the 27th of February, by the Spanish General Lape?a, with seven thousand men. Graham consented to the Spaniard taking the chief commandan ominous concession; and the united forcesoon after joined by a fresh body of about one thousand men, making the whole force about twelve thousandthen marched forward towards Medina Sidonia, through the most execrable roads. Victor was fully informed of the movements of this army, and advanced to support General Cassagne, who held Medina Sidonia. No sooner did he quit his lines before Cadiz than the Spanish General De Zogas crossed from the Isle de Leon, and menaced the left of the French army. On this Victor halted at Chiclana, and ordered Cassagne to join him there. He expected nothing less than that Lape?a would manage to join De Zogas, and that fresh forces, marching out of Cadiz and the Isle of Leon, would co-operate with them, and compel him to raise the siege altogether. But nothing so vigorous was to be expected from a Spanish general. Lape?a was so slow and cautious in his movements that[15] Graham could not get him to make any determined advance; and on arriving at the heights of Barrosa, which a Spanish force had been sent forward to occupy, this body of men had quitted their post, and Victor was in possession of these important positions, which completely stopped the way to Cadiz and at the same time rendered retreat almost equally impossible. Lape?a was skirmishing, at about three miles' distance, with an inconsiderable force, and the cavalry was also occupied in another direction. Seeing, therefore, no prospect of receiving aid from the Spaniards, General Graham determined to attack Marshal Victor, and drive him from the heights, though the latter's force was twice as strong as the former's. This Graham did after a most desperate struggle. Had Lape?a shown any vigour or activity, Victor's retreating army might have been prevented from regaining its old lines; but it was in vain that Graham urged him to the pursuit. Lord Wellington eulogised the brilliant action of the heights of Barrosa, in a letter to Graham, in the warmest terms, declaring that, had the Spanish general done his duty, there would have been an end of the blockade of Cadiz. As it was, Victor returned to his lines and steadily resumed the siege. In the meantime, Admiral Keats, with a body of British sailors and marines, had attacked and destroyed all the French batteries and redoubts on the bay of Cadiz, except that of Catina, which was too strong for his few hundred men to take.

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THREE:On the 19th of June Paris was excited by the announcements of Buonaparte's bulletin that terrible defeats had been inflicted on the Prussians at Ligny, and on the British at Quatre Bras. A hundred cannon and thousands of prisoners were declared to be taken. The Imperialists were in ecstasies; the Royalists, in spite of the notorious falsehood of Buonaparte on such occasions, were dejected. On the 21st whispers were busily circulating that not only had a most dreadful pitched battle been fought, but that the fine French army which had so lately left France was utterly annihilated or dispersed. It was soon added that, instead of being at the head of victorious forces, as he had represented, Buonaparte had again fled from his army, and was in the Palace of the Elyse-Bourbon. And this last news was true. Napoleon had never stopped in his own flight till he reached Philippevill. There he proposed to proceed to Grouchy, and put himself at the head of his division; but he heard that that too was defeated, and he hurried on to Paris, fearful of the steps that the two legislative Chambers might take.The regathering of Parliament, on the 11th of November, was distinguished by two circumstances of very unequal interest. The Prince of Wales, having arrived at his majority, took his seat as Duke of Cornwall, as it was well known, intending to vote for a great measure which Fox was introducing regarding India. We shall now almost immediately enter on the narration of the[302] important events which had been transpiring in India during the American war. It is sufficient here to observe that these were of a nature to give the most serious concern and alarm to all well-wishers of the country, and of the unfortunate natives of that magnificent peninsula. Fox's measure for the reform and restraint of the East India Company was comprehended in two Bills, the first proposing to vest the affairs of the Company in the hands of sixteen directors, seven of them to be appointed by Parliament, and afterwards sanctioned by the Crown, and nine of them to be elected by the holders of stock. These were to remain in office four years; the seven Parliament nominees to be invested with the management of the territorial possessions and revenues of the Company; the nine additional to conduct the commercial affairs of the Company under the seven chief directors; and both classes of directors to be subject to removal at the option of the king, on an address for the purpose from either House of Parliament. The second Bill related principally to the powers to be vested in the Governor-General and Council, and their treatment of the natives.

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THREE:

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FORE:Under sharp fighting, Wellington crossed the Nivelle on the 10th of November, and proposed to go into cantonments at St. Jean de Luz, on the right bank of the Nivelle; but he did not find himself in a position to obtain supplies there, and he therefore crossed the Nive, and occupied the country between that river and the Adour. Soult made desperate efforts to drive the enemy back; but he was compelled to fall back on his entrenched camp in front of Bayonne; and Wellington went into winter-quarters about the middle of December, but quarters extremely uncomfortable. Their late conflicts, between the 9th and 13th of December, had been made in the worst of weather, and they had marched over the most terrible roads. During these conflicts they had lost six hundred and fifty killed, and upwards of one thousand wounded and five hundred missing. The French had lost three times that number. But the French were at home amid their own people; while the allies were in a hostile country, suffering every species of want. At this moment Britain was sending clothes, arms, and ammunition to the Germans, the Sclavonians, and Dutch; but her own gallant army, which had chased the French out of Spain, and which had to maintain the honour of Great Britain by advancing towards Paris, was suffered to want everything, especially great-coats and shoes, in that severe season. Wellington had earnestly implored a reinforcement of twenty thousand men, but it did not arrive.
FORE:Two of the workmen from Butterley Foundry entered the "White Horse," which was kept by a widow Wightman, whose son George was deep in the foolish conspiracy into which Oliver and this his blind, savage tool, the Nottingham Captain, were leading him. They found Brandreth with a map before him, and telling them there was no good to be done, they must march up to London and overthrow the Government. He said all the country was rising; that at Nottingham the people had already taken the castle and seized the soldiers in their barracks, and were waiting for them. This shows that he had come straight from Oliver, who, on the 7th, was at Nottingham, attending the meeting there, and who knew that the meeting in Yorkshire had been prevented. Yet he had allowed the people of Nottingham to believe that the Yorkshire men were coming, according to agreement, in thousands; and he allowed Brandreth to go and arouse Derbyshire, under the belief that Nottingham that night would be in the hands of the insurgents. On Monday night, the 9th of June, Brandreth and a knot of his colleagues proceeded to muster their troop of insurgents for the march to Nottingham. They roused up the men in their cottages, and, if they refused to go, they broke in the doors with a crowbar, and compelled them to join them. Most of these unwilling levies slipped away in the dark on the first opportunity. At South Wingfield he assembled his forces in an old barn, and then they proceeded through the neighbourhood demanding men and guns. An old woman had the courage to tap the "captain" on the shoulder, and say"My lad, we have a magistrate here;" and many of the men thought Brandreth must be mad or drunk. At the farm of widow Hetherinton he demanded her men and arms, and when she stoutly refused him, he put the gun through[127] the window and shot one of her men dead. As the day dawned, Brandreth and his infatuated troop appeared before the gates of Butterley Foundry, and demanded the men; but Mr. Goodwin, the manager, had been apprised of their approach, and had closed the gates. Brandreth had planned to take Butterley Foundry, and carry away not only the men but a small cannon kept there; but Mr. Goodwin went out and told Brandreth he should not have a man for any such insane purpose, and seeing an old man that he well knew, Isaac Ludlam, who bore a good character, and had been a local preacher amongst the Methodists, he seized him by the collar and pushed him into the foundry court, telling him not to be a fool, but stay at home. Ludlam, however, replied, "he was as bad as he could be," rushed out, and went onto his death; for he was one of those that were executed.
FORE:Whilst Dumouriez had thus overrun the Netherlands, other French generals had been equally pushing on aggressions. Custine, with about twenty thousand men, had marched upon the German towns on the Rhine; had taken Spires, Worms, and Mayence by the 21st of October. These towns abounded with Democrats, who had imbibed the grand doctrine of the Rights of Man, and laboured, to their cost, under the same delusion as the Belgiansthat the French were coming solely for their liberation and advantage. Custine advanced to Frankfort-on-the-Main, which he plundered without mercy. Custine called loudly for co-operation from Kellermann; but Kellermann not complying, he was superseded by Beurnonville, who was ordered to take Trves. He attempted it, but too late in the season, and failed. Custine, who had advanced too far from the main army to support his position, still, however, garrisoned Frankfort with two thousand men, and took up his own quarters at Ober-Ursel and Homburg, a little below Frankfort, in the commencement of December.
FORE:
FORE:Pitt, on the day mentioned, announced these facts, and declared that his Majesty had demanded satisfaction from the Court of Spain for the insult to our flag and for the usurpation of our settlement; but that considerable armaments were making in the ports of Spain. He called upon the House to address his Majesty, imploring him to take all necessary measures for the vindication of our honour and our rights. Fox naturally expressed his surprise at this announcement, after the high assurances of such profound prospects of peace little more than a fortnight before. He moreover asserted that not only were the Ministers fully aware of all these circumstances at the very moment when the Premier made these statements, but that he had himself been aware of them a considerable time before that. Pitt endeavoured to explain that all the circumstances were not known when he professed such confidence in peace; but these assertions were clearly as little true as the former, for the British Government had received information from the Spanish Government itself, as early as the 10th of the previous February. Notwithstanding, the House supported the Government warmly in its determination to resist the enormous claims of Spain and to compel her to make satisfaction. Lord Howe was desired to have a fleet in readiness, and the Spanish Court having taken a high tone to Mr. Merry, our Minister at Madrid, Mr. Fitzherbert was dispatched thither as our plenipotentiary. He arrived at Madrid in the beginning of June. At first the Spanish Court were very high, and applied to France for co-operation, according to treaty; but France, in the throes of the Revolution, had no money to spend in such armaments and, on second thoughts, Spain dreaded introducing French revolutionary sailors amongst their own. They soon, therefore, lowered their tone, agreed to surrender Nootka Sound, make full compensation for all damages, and consented that British subjects should continue their fisheries in the South Seas, and make settlements on any coasts not already occupied. Captain Vancouver, who had been with Cook as a midshipman in his last two voyages, being present at his tragical death, was sent out in the following year to see that the settlement of Nootka Sound was duly surrendered to England. He saw this done, the Spanish commander, Quadra, behaving in a very friendly manner; and he proceeded then, during the years 1792 and 1793, to make many accurate surveys of the western coasts of North and South America, in which the Spaniards gave him every assistance. The British took formal possession not only of Nootka Sound, but of the fine island called after Vancouver. Pitt was highly complimented for his firmness and ability in the management of this business.
FORE:In the course of this commercial madness the imports greatly exceeded the exports, and there was consequently a rapid drain of specie from the country. The drain of bullion from the Bank of England was immense. In August, 1823, it had 12,658,240, which in August, 1825, was reduced to 3,634,320, and before the end of the year it ran as low as 1,027,000. Between July, 1824, and August, 1825, twelve millions of cash were exported from Great Britain, chiefly to South America. During the Revolutionary war, which had lasted for fourteen years, the capital of the country had been completely exhausted, while all productive labour had been abandoned. The unworked mines were filled with water. They were accessible, it is true, to English speculators, but they were worked exclusively with English capital. The South American mining companies were so many conduits through which a rapid stream of gold flowed from Great Britain. The catastrophe that followed took the commercial world by surprise; even the Chancellor of the Exchequer failed to anticipate the disaster. On the contrary, his Budget of 1825 was based upon the most sanguine expectations for the future, and on the assurance that the public prosperity was the very reverse of what was ephemeral and peculiar, and that it arose from something inherent in the nation. Even at the prorogation of Parliament in July, the Royal Speech referred to the "great and growing" prosperity on which his Majesty had the happiness of congratulating the country at the beginning of the Session. The commercial crisis, however, with widespread ruin in its train, was fast coming upon Britain. Vast importations, intended to meet an undiminished demand at high prices, glutted all the markets, and caused prices to fall rapidly. Merchants sought accommodation from their bankers to meet pressing liabilities, that they might be enabled to hold over their goods till prices rallied. This accommodation the bankers were unable to afford, and sales were therefore effected at a ruinous loss. The South American mines, it was found, could not be worked at a profit, and they made no return for the twenty million pounds of British money which they had swallowed up. The effect was a sudden contraction of the currency, and a general stoppage of banking accommodation. The country banks, whose issues had risen to 14,000,000, were run upon till their specie was exhausted, and many of them were obliged to stop payment. The Plymouth Bank was the first to fail, and in the next three weeks seventy banks followed in rapid succession. The London houses were besieged from morning to night by clamorous crowds, all demanding gold for their notes. Consternation spread through all classes. There was a universal pressure of creditors upon debtors, the banks that survived being themselves upon the edge of the precipice; and the Bank of England itself, pushed to the last extremity, peremptorily refused accommodation even to their best customers. Persons worth one hundred thousand pounds could not command one hundred pounds; money seemed to have taken to itself wings and fled away, reducing a state of society in the highest degree artificial almost to the condition of primitive barbarism, which led Mr. Huskisson to exclaim, "We were within twenty-four hours of barter."
FORE:At the close of the Session of 1837 an earnest desire was expressed by the leaders of both parties in the House for an amicable adjustment of two great Irish questions which had been pending for a long time, and had excited considerable ill-feeling, and wasted much of the time of the Legislaturenamely, the Irish Church question, and the question of Corporate Reform. The Conservatives were disposed to compromise the matter, and to get the Municipal Reform Bill passed through the Lords, provided the Ministry abandoned the celebrated Appropriation Clause, which would devote any surplus revenue of the Church Establishment, not required for the spiritual care of its members, to the moral and religious education of all classes of the people, without distinction of religious persuasion; providing for the resumption of such surplus, or any part of it, as might be required, by an increase in the numbers of the members of the Established Church. The result of this understanding was the passing of the Tithe Bill. But there were some little incidents of party warfare connected with these matters, which may be noticed here as illustrative of the temper of the times. On the 14th of May Sir Thomas Acland brought forward a resolution for rescinding the Appropriation Clause. This Lord John Russell regarded as a breach of faith. He said that the present motion was not in accordance with the Duke of Wellington's declared desire to see the Irish questions brought to a final settlement. Sir Robert Peel, however, made a statement to show that the complaint of Lord John Russell about being overreached, was without a shadow of foundation. The noble lord's conduct he declared to be without precedent. He called upon Parliament to come to the discussion of a great question, upon a motion which he intended should be the foundation of the final settlement of that question; and yet, so ambiguous was his language, that it was impossible to say what was[451] or was not the purport of his scheme. Sir Thomas Acland's motion for rescinding the Appropriation resolution was rejected by a majority of 19, the numbers being 317 and 298. On the following day Lord John Russell gave Sir Robert Peel distinctly to understand that the Tithe measure would consist solely of a proposition that the composition then existing should be converted into a rent charge. On the 29th of the same month, Lord John Russell having moved that the House should go into committee on the Irish Municipal Bill, Sir Robert Peel gave his views at length on the Irish questions, which were now taken up in earnest, with a view to their final settlement. The House of Commons having disposed of the Corporation Bill, proceeded on the 2nd of July to consider Lord John Russell's resolutions on the Church question. But Mr. Ward, who was strong on that question, attacked the Government for their abandonment of the Appropriation Clause. He concluded by moving a series of resolutions reaffirming the appropriation principle. His motion was rejected by a majority of 270 to 46. The House then went into committee, and in due course the Irish Tithe Bill passed into law, and the vexed Church question was settled for a quarter of a century. The Municipal Bill, however, was once more mutilated by Lord Lyndhurst, who substituted a 10 for a 5 valuation. The amendment was rejected by the Commons, but the Lords stood firmly by their decision, and a conference between the two Houses having failed to settle the question, the measure was abandoned. In these events the Ministry had incurred much disrepute."Rochefort, July 13th, 1815.
FORE:[438]
FORE: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 ordinance was disallowed at home. Lord Brougham, who had never forgiven his former colleagues the constitution of the Cabinet without his forming a part of it, signalised himself by the extreme bitterness with which he headed the onslaught. The result was that, after protracted debates in both Houses of Parliament, which occupied the whole of the summer, and fill up nearly 500 pages of the Parliamentary Proceedings, the ordinance was annulled by Act of Parliament; but an Act was passed indemnifying Lord Durham and the Canadian authorities. The majority in the Commons was so large that the Opposition did not venture on a division; and in the Lords the disallowance was carried by a majority of 54 to 36. This result occurred on the 10th of August, and Lord Durham saw the news first in the American newspapers. Lords Melbourne and Glenelg softened the matter to him as well as they could; the former communicated the intelligence with the greatest regret and the deepest apprehension as to its consequences. Lord Durham betrayed his mortification unwisely in a proclamation which he immediately issued. As the banishment was an exception to the general amnesty he had published, he informed the prisoners at Bermuda that her Majesty being advised to refuse her assent to the exceptions, the amnesty existed without qualification, and added"No impediment, therefore, exists to the return of the persons who have made the most distinctive admission of guilt, or have been excluded by me from the province on account of the danger to which it would be exposed by their presence."[See larger version][See larger version]

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