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The unnatural state of things induced by the war had now brought about a great change in our currency. As we could manage to get in our goods to the Continent by one opening or another, but could not get the produce of the Continent in return, it would have appeared that we must be paid in cash, and that the balance of specie must be in our favour; but this was not the case. By our enormous payments to our troops in Spain, Portugal, and Sicily, as well as in the East and West Indies, and by our heavy subsidies, gold had flowed out of the country so steadily that there appeared very little left in it, and bank paper had taken its place. On the Continent, impoverished as they were, the people tenaciously clung to their gold, and Buonaparte alone could draw it from them in taxes. He always took a heavy military chest with him on his expeditions, and his officers also carried the money necessary for themselves in their belts, or otherwise about their immediate persons. The gold being enormously diminished in quantity in England, was carefully hoarded on all hands, thus again increasing the scarcity, and raising the value of it. The price of bullion had risen from twenty to thirty per cent., and here was a further strong temptation to hoard or send guineas to the melting-pot. This state of things led a certain class of political economists to call for a repeal of the Act for suspension of cash payments, and Francis Horner obtained a committee of inquiry into the causes of the decrease of gold and the increase of paper: and this committee came to the conclusion that the true cause of the evil lay in the excess of paper, and that the way to restrain it would be to allow the demand for gold at the Bank. But the truth was that the cause of the evil was not the excess of paper, but the enormous diminution of gold; and to have opened a legal demand for gold which could not be had would only have produced a panic, and a complete and horrible assassination of all credit and all business. But there were clearer-sighted men in Parliament, who declared that, though bullion had risen in price, bank-notes would still procure twenty shillings' worth of goods in the market, and that they were not, therefore, really depreciated in value. That was true, but guineas had, notwithstanding, risen to a value of five- or six-and-twenty shillings, and might be sold for that. Gold had risen, but paper had not fallen; and gold could not take the place of paper, because it did not, to any great extent, exist in the country; if it had, paper must have fallen ruinously. Mr. Vansittart and his party, therefore, moved resolutions that the resumption of cash payments being already provided for six months after the conclusion of peace, was an arrangement which answered all purposes, and ought not to be disturbed; that this would keep all real excess of paper in check, and leave gold to resume its circulation when, by the natural influence of peace, it flowed again into the country. These were, accordingly, carried.

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Before these discussions took place, an attempt had been made by similar means to lead the people of Scotland into insurrection. Emissaries appeared in the towns and villages informing the people that there were preparations made for a general rising, and they were ordered to cease all work and betake themselves to certain places of rendezvous. On the morning of Sunday, the 2nd of April, the walls of Glasgow were found placarded everywhere by a proclamation, ordering all persons to cease labour and turn out for a general revolution. The next morning the magistrates called out the military, and they were drawn up in the streets in readiness for the appearance of an insurrection, but none took place. The people were all in wonder, and assembled to see what would happen; but there appeared not the slightest disposition to make any disorder, and some of the cotton mills were at work as though nothing was expected to take place. But still, the mischief had not altogether failed. Some fifty poor ignorant men had been decoyed out of Glasgow to near Kilsyth, on the assurance that four or five thousand men would there join them, and proceed to take the Carron Ironworks and thus supply themselves with artillery. These poor dupes were met on the road, on some high ground on Bonnymuir, by a detachment of armed men sent out against them, and, after some resistance, during which some of them were wounded, nineteen were made prisoners and the rest fled. Other arrests were made in different parts of Scotland, and they were tried in the following July and August; but so little interest was felt in this attempt, or in the details of what was called "the Battle of Bonnymuir," that three only were punished and the rest discharged.
FORE:The king, in the first instance, applied to Lord Shelburne to form a Ministry; but he was bound by engagements to Wentworth House, and honourably refused to take the lead. George then tried Lord Gower as ineffectually, and so was compelled to send for Lord Rockingham, who accepted office, on the condition that peace should be made with America, including the acknowledgment of its independence, if unavoidable; administrative reform, on the basis of Mr. Burke's three Bills; and the expulsion of contractors from Parliament, and revenue officers from the exercise of the elective franchise. The king stood strongly on the retention of Lord Chancellor Thurlow and Lord Stormont in their offices. Rockingham, with reluctance, conceded the retention of Thurlow, but refused that of Stormont. The choice of Lord Rockingham was such as could only have been made where family influence and party cliques had more weight than the proper object of a Ministerthe able management of national affairs. Rockingham, though a very honourable man, was never a man of any ability, and though now only[288] fifty-two, his health and faculties, such as they were, were fast failing. Besides this, there was a violent jealousy between him and Lord Shelburne, who became his colleague, and brought in half of the Cabinet. The shape which the Ministry eventually assumed was this:Lord Rockingham became First Lord of the Treasury and Premier; the Earl of Shelburne and Charles Fox, Secretaries of State; Thurlow, Lord Chancellor; Camden, notwithstanding his age, President of the Council; Duke of Grafton, Privy Seal; Lord John Cavendish, Chancellor of the Exchequer; Keppelmade a viscountFirst Lord of the Admiralty; General Conway, Commander of the Forces; the Duke of Richmond, Master-General of Ordnance; Dunningas Lord AshburtonChancellor of the Duchy of Lancaster. Burke was not admitted to the Cabinet, for the Whigs were too great sticklers for birth and family; but his indispensable ability insured him the Paymastership of the Forcesby far the most lucrative office in the hands of Government, but the salary of which he was pledged to reduce by his Bill. Pitt was offered a place as Lord of the Treasury; but he had already declared, on the 8th of March, on the debate on Lord John Cavendish's motion, that he would never accept a subordinate situation. Dundas remained in office, as Lord Advocate, and John Lee was made Solicitor-General. Such was the new Administration: it embraced, as leaders, five Rockinghamites and five Shelburnites. The eleventh member of the Cabinet, Thurlow, belonged to neither side, but was the king's man. Fox saw himself in office with him with great repugnance, and Burke felt the slight put upon him in excluding him from the Cabinet.
TWO:On Monday night the whole city was brilliantly illuminated. The excitement of the multitude had time to cool next day, for it rained incessantly from morning till night. But the rain did not keep the Queen in-doors. She was out early through the city, visiting the Bank of Ireland, the National Model Schools, the University, and the Royal Hospital at Kilmainham. There she cheered the hearts of the brave old pensioners by saying, "I am glad indeed to see you all so comfortable." The illuminations were repeated this evening with, if possible, increased splendour, and the streets were filled with people in every direction, all behaving in the most orderly manner. Her Majesty held a levee in Dublin Castle on Wednesday, which was attended by unprecedented numbers. On Thursday she witnessed a grand review in the Ph?nix Park, and held a Drawing-room in her palace in the evening. The Queen left Dublin on Friday evening, followed to the railway station by immense multitudes, cheering and blessing as only[573] enthusiastic Celts can cheer and bless. The scene at the embarkation in Kingstown Harbour was very touching. The whole space and the piers were crowded as when she arrived. The cheering and waving of handkerchiefs seemed to affect her Majesty as the royal yacht moved slowly out towards the extremity of the pier near the lighthouse. She left the two ladies-in-waiting with whom she was conversing on deck, ran up to the paddle-box, and, taking her place beside Prince Albert, she gazed upon the scene before her, graciously waving her hand in response to the parting salutations of her loyal Irish subjects. She appeared to give some order to the commander, the paddles immediately ceased to move, and the vessel merely floated on; the royal standard was lowered in courtesy to the cheering thousands on shore; and this stately obeisance was repeated five times. This incident produced a deep impression on the hearts of the people, and it was this picture that dwelt longest on their minds.

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FORE:On the 3rd of December Buonaparte announced[54] to his officers his intention to leave them and make the best of his way to Paris. He pleaded the state of affairs there, and especially the conspiracy of Mallet; but he was now approaching the frontiers of Prussia, and as he knew that he had declared that, if he returned successful, he would deprive Frederick William altogether of his crown, he was as apprehensive of that monarch as of the Russians themselves.The members of the Government were scarcely less rejoiced at getting rid of the matter than the nation was at their defeat. The most thinking men of their party became greatly alarmed at the state of public feeling, and were in constant dread of a revolution. The most violent language was used by the democratic leaders, and the press abounded with libels against the Government, whose chief members were hooted and pelted as they passed through the streets. This alarming state of things had arrived at its height towards the end of September. The Duke of York, who was then at Brighton, was violent against the queen. He felt confident that the troops must be called out, and he thought he could trust them. On them alone he depended for the preservation of the Throne. The king, at this time, rarely showed himself to any of his subjects. His conduct was an excitement to popular hatred. Mr. W. H. Freemantle, who was well informed as to all that was going forward in the highest quarters, describes the condition of things in letters to the Duke of Buckingham. "You have no idea," he says, "of the state of the town. The funds fell to-day. As to the king forming a Government, after the resignation of all his present servants, with the avowed object of persecuting the queen, it would be impossible; it would be making her the popular object and throwing the country in a flame. Be assured that the king on[213] this subject is no less than mad!" "In the months of October and November," observes the Duke of Buckingham, "it became evident that the frenzy outside the Houses of Parliament was exerting its influence within its walls. The aspect of affairs looked blacker every hour." "Matters here are in a critical state," writes Lord Sidmouth to Mr. Bathurst on the 27th of October. "Fear and faction are actively and not unsuccessfully at work; and it is possible that we may be in a minority, and that the fate of the Government may be decided." Plumer Ward, in his diary, has this entry under date of November 2nd:"Called upon (Wellesley) Pole. He was at breakfast, and we had a long chat. He thought everything very badMinisters, Opposition, king, queen, countryand, what was more, no prospect of getting right. All ties were loosened. Insolence and insubordination out of doors; weakness and wickedness within. 'The Whigs,' he said, 'were already half Radicals, and would be entirely so if we did not give way.' I said his brother, the Duke of Wellington, felt this too, but would not give way nevertheless. Meantime, the king was as merry as a grig. At first he had been annoyed, but was now enjoying himself at Brighton."
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FORE:There was an energetic debate in each House as the Bill passed through. It was opposed in the Peers by Lords Lansdowne, Holland, and Erskine, but was carried by ninety-three against twenty-seven. Ten peers entered a strong protest on the journals against the measure, denying the traitorous conspiracy or the extensive disaffection to the Government alleged, affirming that the execution of the ordinary laws would have been amply sufficient, and that Ministers were not entitled to indemnity for causeless arrests and long imprisonments which had taken place, for the Bill went to protect them in decidedly illegal acts. In the House of Commons the Bill was strongly opposed by Brougham, Tierney, Mr. Lambtonafterwards Lord Durhamand Sir Samuel Romilly. They condemned the conduct of Ministers in severe language, while the Bill was supported by Canning, by Mr. Lambafterwards Lord Melbourne, who generally went with the other sideby Sir William Garrow, and Sir Samuel Shepherd, Attorney-General.
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FORE:On the 23rd of June the king sent down a message to the Commons, recommending them to[301] take into consideration a separate establishment for the Prince of Wales, who had arrived at the age of twenty-one. This young man, whose whole career proved to be one of reckless extravagance and dissipation, was already notorious for his debauched habits, and for his fast accumulating debts. He was a great companion of Fox, and the gambling rous amongst whom that grand orator but spendthrift man was accustomed to spend his time and money, and therefore, as a pet of this Coalition Ministry, the Duke of Portland proposed to grant him one hundred thousand pounds a year. The king, alarmed at the torrent of extravagance and vice which such an income was certain to produce in the prince's career, declared that he could not consent to burden his people, and encourage the prince's habits of expense, by such an allowance. He therefore requested that the grant should amount only to fifty thousand pounds a year, paid out of the Civil List, and fifty thousand pounds as an outfit from Parliamentary funds. The Ministers were compelled to limit themselves to this, though the saving was merely nominal, for the debts on the Civil List were again fast accumulating, and the prince was not at all likely to hesitate to apply to Parliament to wipe off his debts, as well as his father's when they became troublesome to him. Resenting, however, the restraint attempted to be put upon him by his father, the prince the more closely connected himself with Fox and his party, and the country was again scandalised by the repetition of the scenes enacted when Frederick, Prince of Wales, father of George III., was the opponent of his own father, George II., and the associate of his opponents. Such, indeed, had been the family divisions in every reign since the Hanoverian succession. On the 16th of July Parliament was prorogued.The supplies for the present year were voted to the amount of fifty million one hundred and eighty-five thousand pounds. No new taxes were to be levied, but there was to be a loan of eight million pounds. This money was distributed as follows: twenty-five million pounds to the land service and ordnance, twenty million pounds to[600] the navy, a subsidy to Portugal of nine hundred and eighty-eight thousand pounds, and to Sicily of four hundred thousand pounds.
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The Attorney-General defied the enemies of the administration to point out a single instance in which the Viceroy had deviated from the line of strict impartiality, yet he was the object of most virulent attacks by the fanatical members of the Orange societies in Dublin, and by the Orange press. Their animosity was excited to the utmost by a proceeding which he adopted with reference to the statue of King William III. in College Green. For some years a set of low persons, connected with the Orange lodges, had been in the habit of bedaubing the statue with ridiculous painting and tawdry orange colours, with a fantastic drapery of orange scarves. The Catholics believed that this was done with the avowed purpose of insulting them, and they thought that they had as much right to undress as others had to dress a public statue. On one occasion, therefore, they painted King William with lampblack. Consequently, on the 12th of July, 1822, a serious riot occurred, in the course of which lives were endangered, the tranquillity of the metropolis was disturbed, and evil passions of the most furious kind were engendered in the minds of the parties. As the peace must be preserved, the only course was to put an end to those senseless brawls by ordering that no unauthorised parties should presume to put their hands on a public monument, either for the purpose of decorating or defiling it. But this judicious order the Orangemen felt to be a wrong, which should be resented and avenged by driving Lord Wellesley out of the country. Accordingly, certain members of the Orange Society, amounting to nearly one hundred, entered into a conspiracy to mob him in the theatre. They were supplied with pit-tickets, and assembling early at the door, they rushed in, and took possession of the seat immediately under the Viceregal box. Other parties of them went to the galleries. They agreed upon the watchword, "Look out." They had previously printed handbills, which were freely distributed in and about the theatre, containing insulting expressions, such as "Down with the Popish Government!" Before the Viceroy arrived, they had been crying for groans for the "Popish Lord-Lieutenant," for the house of Wellesley, for the Duke of Wellington. When the marquis arrived he was received with general cheering, that overbore the Orange hisses; but during the playing of the National Anthem the offensive noise became so alarming that some of the audience[248] left the theatre. At this moment a bottle was flung from one of the galleries, which was supposed to be aimed at the head of the Lord-Lieutenant, and which fell near his box.When day dawned, Cornwallis saw that the ground he occupied was so favourable that it rendered his inferiority of numbers of little consequence. He therefore drew out his forces for immediate action. Swamps to the right and left narrowed the ground by which the Americans could approach him, and forming his troops into two lines, commanded by Lord Rawdon and General Webster, he attacked the Americans under Gates and quickly put them to the rout. The Virginian militia ran most nimbly, and sought refuge in the woods. Gates himself galloped away believing all was lost, and never halted till he reached Charlotte, about eighty miles off. The only men who fought well were two brigades of regulars under the command of the German, Von Kalb, who kept his ground against the troops of Lord Rawdon for three-quarters of an hour, sustaining repeated charges of the bayonet unmoved; but Von Kalb fell mortally wounded, and the last of the Americans then gave way and fled for their lives in all directions.THE TREATY OF TILSIT. (See p. 544.)
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