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FORE:CALVI, CORSICA.

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FORE:CHAPTER IV. PROGRESS OF THE NATION DURING THE REIGN OF GEORGE III.

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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.Chatham had begun to ponder the proceedings of Ministers towards America and towards Wilkes, or rather his constituents, as soon as the returning activity of his mind permitted him. The conduct of the Duke of Grafton, who had taken the lead during his retirement, did not escape his censure. He had too easily fallen into the demand of the Cabinet for severe measures in both those cases. No sooner, therefore, did Chatham appear than he launched the whole thunder of his indignation, and such was still his power that he shattered the Cabinet to atoms. No sooner was the Address to the king moved and seconded, than he rose and passed, with some expressions of contempt, from the mention of the horned cattle to the more important topics. He drew a dismal picture both[198] of the domestic condition and the foreign relations of the country. He glanced at the manner in which the Treaty of Paris had been made, the abandonment of the King of Prussia, and the consequent isolated condition of the kingdom, without a friend or an ally. But bad as the external affairs of the nation were, he described the internal as far worse. There everything was at discount. The people were partly starving and wholly murmuring; the constituencies were alarmed at the invasion of their rights in the case of John Wilkes; and the colonies were on the very edge of rebellion. Such was the condition to which the Government in a short time had reduced the commonweal. More than all did he condemn the policy pursued towards America. He protested against the term "unwarrantable," as applied to the conduct of the colonists; proposed to substitute the word "dangerous." He owned that he was partial towards the Americans, and strongly advocated a system of mildness and indulgence in their case.

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FORE:As soon as five or six thousand of his troops were landed, Buonaparte commenced his march on Alexandria. The Turks manned the walls, and resisted furiously, incensed at this invasion by a Power with which they were nominally at peace. But the walls were ruinous; the French forced their way over several breaches, and commenced an indiscriminate massacre. The place was abandoned to pillage for four hours. As the Mamelukes were hated by the Arabs and the Copts, and were the military mercenaries of the country, chiefly recruited from Georgia and Circassia, Buonaparte determined to destroy them. He considered that he should thus rid himself of the only formidable power in Egypt, and at the same time conciliate the Bedouins and Fellahs. On the 7th of July he set out on his march for Cairo with his whole force. He marched up the bank of the Nile, but at such a distance as to prevent the soldiers from getting any water to quench their burning thirst. It was all that Buonaparte could do to keep his troops in subordination. For fourteen days this melancholy march was continued, when they came at once in sight of the Pyramids, not far distant from Cairo, and of the army of the Mamelukes, drawn up across their way, headed by Murad Bey. This force consisted of five thousand cavalry��Mamelukes, mounted on the finest Arabian horses in the world, trained to obey the slightest touch of the rein, to advance, wheel, or fly with wonderful rapidity. The riders were all fine men, armed with sabres, pistols, and blunderbusses of the best English workmanship. They were deemed invincible and were ruthlessly cruel. They presented in appearance the finest body of cavalry in the world, the plumes of their turbans waving in the air, and their arms glittering in the sun. There were, moreover, twenty thousand infantry lying in a slightly-entrenched camp on their right;[467] but these were a mere rabble��fellaheen, or, in other words, peasantry, brought from their fields, and armed with matchlocks. They had forty pieces of cannon to defend the camp, but these had no carriages, being mounted on clumsy wooden frames. Buonaparte drew up his army so as to keep out of gunshot of the camp, and to deal only with the cavalry first. He formed his troops into squares to resist the onslaught of the cavalry; and as he saw the Mamelukes come on, he called to his men, "From yonder Pyramids twenty centuries behold your actions!" The Mamelukes came thundering on like a whirlwind, and sending before them the most horrible yells. Murad Bey said he would cut up the French like gourds. One of the French squares was thrown into confusion, but it recovered itself, and the battle was instantly a scene of the most desperate fury. The Mamelukes fought like demons; but, finding that they could not break the French ranks, whilst they and their horses were mown down by musketry and artillery, in despair they flung their pistols at their foes, backed their horses up to them to break them by kicking, and finding all unavailing, fled. Such as were left wounded on the ground crept forward to cut at the legs of the French soldiers. Both cavalry and infantry then, by swimming their horses, or in boats, attempted to cross the Nile, but the greater part were drowned in the attempt. Murad Bey, with the residue of his Mamelukes, escaped into Upper Egypt.

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