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The winter of 1836-7 was marked by great commercial activity, and a strong tendency to over-trading, chiefly on the part of the banks. The result was a reaction, and considerable monetary embarrassment. In the reckless spirit of enterprise which led to these consequences, the American houses took the lead. The American speculators indulged an inordinate thirst for gain by land jobs, and over-trading in British produce. The most remarkable examples of this were afforded by three great American houses in London, called "the three W.'s." From an account of these firms, published in June, 1837, it appeared that the amount of bills payable by them from June to December, was as follows: Wilson and Co.,[411] 936,300; Wigan and Co., 674,700; Wildes and Co., 505,000; total acceptances, 2,116,000. This was upwards of one-sixth of the aggregate circulation of the private and joint-stock banks of England and Wales, and about one-eighth of the average circulation of the Bank of England. The shipments to America by Wigan and Co. amounted to 1,118,900. The number of joint-stock banks that started into existence at this time was remarkable. From 1825 to 1833 only thirty joint-stock banks had been established. In that year the Charter of the Bank of England being renewed, without many of the exclusive privileges it formerly enjoyed, and the spirit of commercial enterprise being active, joint-stock banks began to increase rapidly. There was an average of ten new companies annually, till 1836, when forty-five of these establishments came into existence in the course of ten months. In Ireland there were ten started in the course of two years. The consequence of this greatly increased banking accommodation produced a wild spirit of commercial adventure, which collapsed first in America, where the monetary confusion was unexampledbankers, importers, merchants, traders, and the Government having been all flung into a chaos of bankruptcy and insolvency. This state of things in America had an immediate effect in England. Discounts were abruptly refused to the largest and hitherto most respectable houses of Liverpool and London. Trade, in consequence, became paralysed; prices suddenly dropped from thirty to forty per cent.; and the numerous share bubblesthe railway projects, the insurance companies, the distillery companies, the cemetery companies, the sperm oil, the cotton twist, zoological gardens, and other speculationswhich had floated on the pecuniary tide, all suddenly collapsed, and there was an end to the career of unprincipled adventurers. It is satisfactory, however, to observe that the sound commerce of the country soon recovered the shock thus given; and in less than two years the pecuniary difficulties had passed away. Commerce had resumed its wonted activity, and flowed steadily in legitimate channels. The American banks resumed payment, and the three great American houses, which had involved themselves to such an enormous extent, were enabled to meet all their liabilities.To approach Ferdinand's forces, the French were obliged to pass a narrow ground between a river and a marsh, and were so cramped that they committed the very error which cost them the battle of Blenheim. They placed the cavalry in the centre, and made wings of their infantry. The cavalry made a succession of furious charges on Ferdinand's centre, but this stood compact and immovable, till the French horse, being discouraged, the Allies charged in their turn, and the centre of the army, the cavalry, being thus driven back, the whole line gave way. At this moment Ferdinand sent orders to Lord George Sackville to charge with the cavalry, which had been kept in reserve, and thus complete the destruction of the flying French. But Lord George, who had been constantly quarrelling with Ferdinand, as well as his own second in command, the Marquis of Granby, now did not appear to comprehend a succession of orders, and sat still. But Ferdinand, having lost patience, sent word to the Marquis of Granby to advance, and he promptly obeyed, but it was now too late; the French had got half an hour's start. Thus the English cavalry was deprived of all share in the victory; but the English foot had borne the chief brunt of the attack, being in the centre. Six British regiments, in fact, for a time maintained the whole shock of the French. Sackville was tried by court martial, and dismissed from all his military appointments. The battle of Minden was fought on the 1st of August, 1759.O'CONNELL AT THE MEETING AT TRIM. (See p. 526.)
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    FORE:[See larger version]While the landed interest were thus showing their determination to maintain, at all hazards, the laws for preventing the importation of foreign corn, a spirit of opposition had been growing up in the large manufacturing towns of Lancashire and Yorkshire, which, though only partially shared in by the working classes, was already significant of the approaching downfall of the system of monopoly. The first use made by Manchester of its constitution as a political borough by the Reform Act was to send to Parliament Mr. Poulett Thomson and Mr. Mark Philips, two members long conspicuous in the House for the zeal and ability with which they supported the principles of Free Trade. The Manchester newspapers generally advocated the same views; and Manchester became regarded as the centre of the Anti-Corn Law agitation. No organised movement, however, had yet been attempted. A series of good harvests from 1832 to 1835 rendered it extremely difficult to arouse public attention to the injustice which the bread law invariably inflicted in less favourable circumstances. Nevertheless, the effort was made. In January, 1834, a meeting of merchants and manufacturers was held in the Manchester Exchange Committee-room, to consider how the cause of Corn Law Repeal was to be forwarded, at which some powerful speeches were delivered by the members for the borough and other speakers of influence. A committee was appointed, which timidly endeavoured to avoid the appearance of a political agitation and finally ended by doing nothing. But soon the desultory opposition to the bread tax of the Manchester Chamber of Commercea body which had only presented one petition on the subject in seven yearswas no longer sufficient to represent the feeling of that great centre of industry. Seven men united themselves in the month of October, 1838, to advocate the freedom of trade. The names of those seven members are now scarcely remembered out of Manchester, with the exception of Mr. Archibald Prentice, the historian of the League, whose newspaper, the Manchester Times, had fought with considerable talent, and with inexhaustible energy on the side of all the great reforms of this important period in our history. In that newspaper for the 13th of October a list of the Provisional Committee of a new Anti-Corn Law Association was for the first time published. It comprised thirty-seven names, chiefly of Manchester manufacturers, and ended with the modest[482] note that "Subscriptions, 5s. each, would be received by the members of that committee." Such was the simple origin of that vast movement which, a few years later, compelled the very chiefs of the landowners' party in Parliament to become the instruments for carrying out measures more sweeping than even the most ardent Free Traders had regarded as possible. But men of influence were beginning to join the movement. The list of the Provisional Committee contained at least one name which afterwards became famousthat of Mr. John Bright. Three of them became members of Parliament at a later date, and another, Mr. George Wilson, was afterwards known as the permanent chairman of the League.
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    FORE:Lord Howe, when he had collected his ships after the storm which separated him from D'Estaing, again made for Boston, in the hope of being able to attack the French Admiral in the harbour; but he found him too well protected by the batteries to be able to reach him. He therefore returned to New York, and, as his leave of absence had arrived, he surrendered the command to Admiral Byron, and took his leave of America on the 26th of September, and reached Portsmouth on the 25th of October. Byron now had a very good fleet, consisting of ships of one size or other to the number of ninety-one sail. Such a fleet assembled on the American coast at a proper time would have intercepted and destroyed the fleet of D'Estaing, and have cleared all those waters of French and American privateers. Byron no sooner came into command than he also made a voyage to Boston, to see whether he could not come at D'Estaing's fleet; but his usual weather attended him, his ships were scattered by a tempest, and D'Estaing took the opportunity of sailing to the West Indies, according to his orders. Notwithstanding the agreement of the French to assist America, they were thinking much more of recovering Canada or seizing on the British West India islands for themselves.
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    FORE:The silk trade received a great impulse by the erection of a silk-mill at Derby, in 1719, by John Lombe and his brothers. Lombe had smuggled himself into a silk-mill in Italy, as a destitute workman, and had then copied all the machinery. To prevent the operation of this new silk factory in Englandwhich was worked by a water-wheel on the river Derwent, had 97,746 wheels, movements, and individual parts, and employed three hundred personsthe King of Sardinia prohibited the exportation of the raw material, and thus, for a time, checked the progress of the manufacture. Parliament voted Sir Thomas Lombe[167] 14,000 as a compensation for loss of profits thus occasioned, on condition that the patent, which he had obtained for fourteen years, should expire, and the right to use the machinery should be thrown open to the public. By the middle of this period our silk manufactures were declared superior to those of Italy, and the tradesmen of Naples recommended their silk stockings as English ones. In 1755 great improvements were introduced by Mr. Jedediah Strutt in the stocking-loom of Lee.
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TWO:The best excuse for George II.'s apparent sluggishness was, that the French were now so closely pressed by concentrating armies. Prince Charles of Lorraine and the Austrians were pressing De Broglie so hotly that he was glad to escape over the Rhine near Mannheim; and Noailles, thus finding himself between two hostile armies, followed his example, crossed over the Rhine to Worms, where, uniting with Broglie, they retreated to their own frontier at Lauter, and thus the Empire was cleared of them. The Emperor Charles now suffered the fate which he may be said to have richly deserved. He was immediately compelled to solicit for peace from Austria through the mediation of George of England and Prince William of Hesse. But Maria Theresa, now helped out of all her difficulties by English money and English soldiers, was not inclined to listen to any moderate terms, even when proposed by her benefactor, the King[86] of England. The Emperor was down, and she proposed nothing less than that he should permanently cede Bavaria to her, or give up the Imperial crown to her husband. Such terms were not to be listened to; but the fallen Emperor finally did conclude a treaty of neutrality with the Queen of Hungary, by which he consented that Bavaria should remain in her hands till the conclusion of a peace. This peace the King of England and William of Hesse did their best to accomplish; and Carteret, who was agent for King George, had consented that on this peace England should grant a subsidy of three hundred thousand crowns to the Emperor. No sooner, however, did the English Ministers receive the preliminaries of this contract, than they very properly struck out this subsidy, and the whole treaty fell to the ground.

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TWO:From the Painting by Robert HillingfordBuonaparte landed at Cannes on the 1st of March. His advanced guard presented themselves before Antibes, and were made prisoners by the garrison. This did not discourage Buonaparte; he advanced by forced marches with his now less than one thousand men, and leaving behind him his train of artillery. Till he reached Dauphin, however, he received very little encouragement from any party. All the authorities, proprietors, and clergy, stood aloof; only a few peasantry occasionally cried "Vive l'Empereur!" but did not join him. He began to be very uneasy. But on the 7th of March, as he approached Grenoble, Colonel Labdoyre, who had been gained over before, came out with an eagle in his hand, and at the gates distributed tricolour cockades, which had been concealed in a drum. Buonaparte advanced alone towards the troops, and called on any one who wished to kill his Emperor to do his pleasure. All cried "Vive l'Empereur!" and crowded round him. General Marchand endeavoured to recall the soldiers to their duty, but in vain.
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THREE:ANNE MAKING THE DUKE OF SHREWSBURY LORD TREASURER. (See p. 22) T. Lingray, 1,500, and a commissionership of stamps.
FORE:THE BASTILLE. Saturday, 23/08/2014

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FORE:In Britain there were terrible outcries in consequence of the scarcity of bread. There were rioting and plundering of corn-factors' and bakers' shops, and Government passed a number of Acts giving premiums on the importation of grain, and forbidding the making of any but mixed and coarse breads. Had not large subscriptions been raised, and private benevolence been called forth to an immense extent for the relief of the distress, the consequences would have been more terrible. Pitt was in favour of remedial legislation, but Grenville was against interfering with the laws of supply and demand.It was a melancholy thing to see the Queen of England bandied about from door to door, in the throng of curious and anxious spectators; cheered by some, laughed at by others, and an object of pity to her friends, making vain efforts to obtain admission to witness the glory of her worthless husband, repulsed at every point by the lowest officials, and compelled to return home discomfited and humiliated. By indiscreet and foolish acts like this she injured her position, and degraded herself to an extent that her husband, powerful and malignant as he was, never could have done. She and her friends counted upon the devotion of the people to her cause, which they hoped would have borne down all impediments and broken through all barriers. But it was felt that in attempting to intrude herself in that way at the risk of marring a great national festival, and causing tumult and possibly bloodshed, she had forgotten her own dignity; her conduct shocked the public sense of propriety, and went far to forfeit popular sympathy. She became deeply sensible of this fact while waiting for admission, and with all her attempts at hilarity, her laughter and gaiety of manner ill concealed the deep, self-inflicted wounds of her spirit, which were never healed. Now completely disenchanted, robbed of the fond illusion which had hitherto affected her perception of things, and viewing her situation in the cold morning light of stern reality, a chill of despondency came over her, and thenceforth settled heavily upon her spirit. Saturday, 23/08/2014

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FORE:The strong towns and fortresses of Prussia were all surrendered with as much rapidity as the army had been dispersed. They were, for the most part, commanded by imbecile or cowardly old villains; nay, there is every reason to believe that, in many instances, they sold the places to the French, and were paid their traitor fees out of the military chests of the respective fortresses. Whilst these events were so rapidly progressing, Louis Buonaparte, the new King of Holland, with an army of French and Dutch, had overrun, with scarcely any opposition, Westphalia, Hanover, Emden, and East Friesland. The unfortunate King of Prussia, who had seen his kingdom vanish like a dream, had fled to K?nigsberg, where he was defended by the gallant Lestog, and awaited the hoped-for junction of the Russians marching to his aid. Gustavus Adolphus, of Sweden, forgetting the slighted advice which he had offered to Prussia to unite with Austria, opened Stralsund and Riga to the fugitive Prussians. Saturday, 23/08/2014

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FORE:The Association had become so formidable, and was yet so carefully kept within the bounds of law by "Counsellor O'Connell," in whose legal skill the Roman Catholics of all classes had unbounded confidence, that the Government resolved to procure an Act of Parliament for its suppression. Accordingly, on the 11th of February, 1825, a Bill was brought into the House of Commons by the Irish Chief Secretary, Mr. Goulburn, under the title of Unlawful Societies in Ireland Bill. The plural form caused a great deal of debating. The Government declared they wished to include the Orange Society as well as the Catholic Association. But the Opposition had no faith in this declaration, and Mr. Brougham stated that they would put down the Catholic Association with one hand and pat the Orange Society on the back with the other. The debates on the subject were very animated, and touched upon constitutional questions of the widest interest to the public. The Irish Attorney-General said he did not deny that if a set of gentlemen thought fit to unite for those purposes, it was in their power to do so; but then came the question as to the means which they employed, and those means he denied to be constitutional. "They have," he said, "associated with them the Catholic clergy, the Catholic nobility, many of the Catholic gentry, and all the surviving delegates of 1791. They have established committees in every district, who keep up an extensive correspondence through the country. This Association, consisting originally of a few members, has now increased to 3,000. They proceeded to establish a Roman Catholic rent; and in every single parish, of the 2,500 parishes into which Ireland is divided, they appointed twelve Roman Catholic collectors, which make an army of 30,000. Having this their army of collectors, they brought to their assistance 2,500 priests, and the whole ecclesiastical body. And thus provided, they go about levying contributions on the peasantry." This Mr. Plunket pronounced to be unconstitutional, though not in the strict sense illegal; the Association was a representative and a tax-levying body. He denied that any portion of the subjects of this realm had a right to give their suffrages to others, had a right to select persons to speak their sentiments, to debate upon their grievances, and to devise measures for their removal. This was the privilege alone of the Commons of the United Kingdom. He would not allow that species of power to anybody not subjected to proper control. But to whom were those individuals accountable? Where was their responsibility? Who was to check them? Who was to stop their progress? By whom were they to be tried or rebuked if found acting mischievously? People not acquainted with Ireland were not aware of the nature of this formidable instrument of power, greater than the power of the sword. Individuals connected with it went into every house and every family. They mixed in all the relations of private life, and afterwards detailed what they heard with the utmost freedom. The Attorney-General could not conceive a more deadly instrument of tyranny than it was when it interfered with the administration of justice. Claiming to represent six millions of the people of Ireland, it denounced as a public enemy, and arraigned at the bar of justice, any individual it chose to accuse of acting contrary to the popular interest. Thus the grand inquest of the people were the accusers, and there was an unlimited supply of money to carry on the prosecution. The consequence was that magistrates were intimidated, feeling that there was no alternative but to yield, or be overwhelmed by the tide of fierce popular passions.The Wesleyan Methodists were next in number to the members of the Established Church. The progress of this society was very rapid after 1820. In that year the number of its ministers was 718, and of its members or communicants in Great Britain, 191,000. In 1830 the numbers were respectively 824 and 248,000; and so largely did they increase in the next ten years, that in 1840 the ministers were 1,167, and the members 323,000. The 1851 census returns showed 6,579 chapels belonging to this connexion in England and Wales, containing accommodation for 1,447,580 persons. The Society of Friends, on the other hand, was declining. The Roman Catholics made considerable progress in England during the last two reigns. In 1829 they had 394 chapels, which[428] in 1840 had increased to 463, and in 1852 they reached 600. They had at the same time 11 colleges, 88 religious houses, and 875 priests. Their chapels at the time of the census furnished accommodation for 186,000, and the number of attendants on the morning of census Sunday of 1851 was 252,983. Saturday, 23/08/2014

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Meanwhile, the British and Prussian armies advanced, and on the 1st of July Wellington was within a few miles of Paris, with his right on the heights of Richebourg, and his left on the forest of Bondy; and Blucher, at the same time, crossing the Seine on the 2nd, posted his army, with its right at Plessis-Piquet, his left at St. Cloud, and his reserve at Versailles. In this position, Commissioners were sent by the Provisional Government to Wellington, desiring a suspension of hostilities, informing him that Buonaparte had abdicated and retired from Paris. The Duke replied, that so long as the army remained in Paris there could be no suspension of hostilities, and that he had no authority to treat on any question of government. The Commissioners demanded whether the Allies would stop if Napoleon II. was proclaimed? Wellington said "No." Whether they would stop provided they chose another prince of a royal house?probably meaning the Duke of Orleans. As the Duke said he had no orders to accept any such proposals, they were useless, and he handed to them the proclamation of Louis XVIII., offering to grant constitutional liberties, and to pardon all offenders, excepting a few who had committed the most recent and aggravated treason. These were supposed to mean Ney, Labdoyre, and some others. Wellington offered, however, to remain where he was on condition that the regular troops should be sent beyond the Loire, and the town be held by the National Guard till the king's arrival. The Commissioners did not comply with this demand; and the necessity of such compliance was sufficiently shown by this army disputing the advance of the Prussians on the 2nd of July. They had resisted Blucher at St. Cloud, Meudon, and in the village of Issy. Blucher succeeded, but with considerable loss; and the next day the French made another attack to recover Issy, but without effect.Mr. Charles Osborne, made judge of the King's Bench 3,300"More than 100 workhouse officers fell victims to the famine fever during this fatal year, which also decimated the ranks of the Catholic clergy of the country. Mr. Trevelyan gives names of thirty English and Scottish priests who sacrificed their lives to their zealous attendance on the immigrant Irish, who carried the pestilence with them in their flight to other portions of the United Kingdom. Pestilence likewise slew its victims in the[542] fetid hold of the emigrant ship, and, following them across the ocean, immolated them in thousands in the lazar houses that fringed the shores of Canada and the United States. The principal business of the time was in meal, and coffins, and passenger ships. A fact may be mentioned which renders further description of the state of the country needless. The Cork Patent Saw Mills had been at full work from December, 1846, to May, 1847, with twenty pairs of saws, constantly going from morning till night, cutting planks for coffins, and planks and scantlings for fever sheds, and for the framework of berths for emigrant ships."The Council now recalled the English troops from Rohilcund; and Bristow demanded, in the name of the Council, from Asaph-ul-Dowlah, the young Nabob, a full payment of all arrears; and announced that, Sujah Dowlah being dead, the treaty with him was at an end. Under pressure of these demands, Bristow, by instructions from the new regnant members of the Council, compelled the young Nabob to enter into a fresh treaty with them; and in this treaty they introduced a clause to the full as infamous as anything which Hastings had done. In return for renewing the possession of the provinces of Corah and Allahabad, they compelled him to cede to them the territory of Cheyte Sing, the Rajah of Benares, though this did not at all belong to the Nabob of Oude, and was, moreover, guaranteed to Cheyte Sing by Hastings, in solemn treaty. The revenue of Cheyte Sing, thus lawlessly taken possession of, amounted to twenty-two millions of rupees; and the Nabob of Oude was also, on his own account, bound to discharge all his father's debts and engagements to the Company, and to raise greatly the pay to the Company's brigade. Hastings utterly refused to sanction these proceedings; but the Directors at home, who cared not how or whence money came, warmly approved of the transactions.[See larger version]
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