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Cumberland was now appointed to command the troops in Hanover intended to co-operate with Prussia against France and Austria; but he had an intuitive dread of Pitt, and was very unwilling to quit the kingdom whilst that formidable man was Paymaster of the Forces. He therefore never rested till the king dismissed him from office. George himself required little urging. He had always hated Pitt for his anti-Hanoverian spirit; nor had his conduct in office, however respectful, done away with his dislike. George, therefore, was desirous to get rid of the able Pitt and recall the imbecile Newcastle. He complained that Pitt made harangues, even in the simplest matters of business, which he could not comprehend; and as for Lord Temple, his brother-in-law, he declared him to be pert and insolent. George therefore sent Lord Waldegrave to Newcastle to invite him to return to office, saying, "Tell him I do not look upon myself as king whilst I am in the hands of these scoundrels, and am determined to be rid of them at any rate." Newcastle longed to regain his favour, but he was afraid of a notice made in the House of Commons for an inquiry into the causes of the loss of Minorca. The king, nevertheless, dismissed Temple and Pitt, and Legge and others resigned. Cumberland, in great delight, then embarked for Hanover, thinking the main difficulty over; but, in fact, it had only just begun. The inquiry into the Minorca affair was, indeed, so managed that it did not absolutely condemn the Ministry of Newcastle, neither did it fully acquit them; whilst, at the same time, the public were highly incensed at the dismissal of Pitt, whom they rightly deemed the only man in the two Houses with abilities capable of conducting the affairs of the nation successfully. Addresses and presentations of the freedom of their cities came pouring in on Pitt from all the great towns of the kingdom. Horace Walpole said it literally rained gold boxes. Legge, as the firm ally of Pitt, received also his share of these honours.

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[See larger version]Buonaparte put his enormous masses in motion. His object was to push rapidly forward, and beat the Russians by one of those sudden and decisive blows by which he had won all his victories. He expected that he should not be able to supply his vast army with provisions in Russia, and therefore he had had thousands of waggons and carts prepared to draw his stores. He meant to seize one of the capitals of the countrySt. Petersburg or Moscow; and that, he quite imagined, would finish the campaign, the Russians being then glad to capitulate; and he resolved to concede no terms but such as should shut out the Muscovites from Europe, and replace them with Poles. "Let us march!" he said to his soldiers. "Let us cross the Niemen; let us carry war into Russia. The war will be glorious; and the peace will terminate that haughty influence which she has exercised for more than fifty years on Europe." But his old general, Bernadotte, had foreseen and defeated his plans. Alexander had commanded his generalissimo, Barclay de Tolly, to show only so much opposition as should draw the French on into the heart of Russia, and thenwhen they were exhausted by famine along a line of desolation, and by their marchto harass them on all sides. Should the French succeed in pressing so far, a Russian Torres Vedras was prepared for them on the river Düna, at Drissa, so as to protect St. Petersburg.
ONE:While the Irish Government was in this state of miserable trepidation, the Dublin confederates carried on their proceedings with the most perfect unconcern and consciousness of impunity. Among these proceedings was the sending of a deputation to Paris to seek the aid of the republican Government on behalf of the "oppressed nationality of Ireland." The deputation consisted of Messrs. O'Brien, Meagher, and O'Gorman. They were the bearers of three congratulatory addresses, to which Lamartine gave a magniloquent reply about the great democratic principle"this new Christianity bursting forth at the opportune moment." The destinies of Ireland had always deeply moved the heart of Europe. "The children of that glorious isle of Erin," whose natural genius and pathetic history were equally symbolic of the poetry and the heroism of the nations of the North, would always find in France under the republic a generous response to all its friendly sentiments. But as regarded intervention, the Provisional Government gave the same answer that they had given to Germany, to Belgium, and to Italy. "Where there is a difference of racewhere nations are aliens in bloodintervention is not allowable. We belong to no party in Ireland or elsewhere except to that which contends for justice, for liberty, and for the happiness of the Irish people. We are at peace," continued Lamartine, "and we are desirous of remaining on good terms of equality, not with this or that part of Great Britain, but with Great Britain entire. We believe this peace to be useful and honourable, not only to Great Britain and to the French Republic, but to the human race. We will not commit an act, we will not utter a word, we will not breathe an insinuation, at variance with principles of the reciprocal inviolability of nations which we have proclaimed, and of which the continent of Europe is already gathering the fruits. The fallen monarchy had treaties and diplomatists. Our diplomatists are nationsour treaties are sympathies." The sympathies felt for the Irish revolutionists, however, were barren. Nevertheless the deputation who were complimented as "aliens in blood" shouted "Vive la Rpublique," "Vive Lamartine," who had just declared that the French would be insane were they openly to exchange such sympathy for "unmeaning and partial alliance with even the most legitimate parties in the countries that surrounded them."

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ONE:[See larger version]At the point at which our former detail of[316] Indian affairs ceased, Lord Clive had gone to England to recruit his health. He had found us possessing a footing in India, and had left us the masters of a great empire. He had conquered Arcot and other regions of the Carnatic; driven the French from Pondicherry, Chandernagore, and Chinsura; and though we had left titular princes in the Deccan and Bengal, we were, in truth, masters there; for Meer Jaffier, though seated on the throne of Bengal, was our mere instrument.

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ONE:THOMAS MOORE.CHAPTER XI. THE REIGN OF WILLIAM IV. (concluded).

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TWO:From the Picture by T. R. HARDY.The Liberals seem to have been strongly inclined to the opinion that the Duke of Wellington, having won the great victory of Emancipation, should retire from the fieldthat he was not fit to lead the van of progress in Parliament. "The Prime Minister of England," exclaimed Sir Francis Burdett, "is shamefully insensible to the suffering and distress which are painfully apparent throughout the land. When, instead of meeting such an overwhelming pressure of necessity with some measure of relief, or some attempt at relief, he seeks to stifle every important inquirywhen he calls that a partial and temporary evil which is both long-lived and universal,I cannot look on such a mournful crisis, in which the public misfortune is insulted by Ministerial apathy, without hailing any prospect of change in the system which has produced it. What shall we say to the ignorance which can attribute our distress to the introduction of machinery and the application of steam, that noble improvement in the inventions of man to which men of science and intelligence mainly ascribe our prosperity? I feel a high and unfeigned respect for that illustrious person's abilities in the field, but I cannot help thinking that he did himself no less than justice when he said, a few months before he accepted office, that he should be a fit inmate for an asylum of a peculiar nature if he ever were induced to take such a burden upon his shoulders." On the other hand the Opposition was nearly as disorganised as the Government, until Lord Althorp was selected to lead it in the Commons.
TWO:Addresses were agreed to in both Houses without a division. The only discussion of interest that took place in connection with them referred to the dissolution, and the circumstances in which it occurred. The Opposition denounced it as an impolitic proceeding, bearing the appearance of a revolutionary coup d'tat. They charged the Lord Chancellor with making a false statement, in alleging that the Commons had stopped the supplies, which, if true, was not the real cause of the dissolution, the Cabinet having previously resolved upon that measure. Some of the Ministers also, in their addresses to their constituenciesSir James Graham, for exampleconveyed the same injurious impression, stating that "the last division, which had the effect of delaying the supplies, left no alternative but that of abandoning the Bill or of appealing to the people." With this "factious" conduct the Tory candidates were taunted at the elections, and they complained that they suffered in consequence much unmerited odium. The Chancellor denied the imputation. Not only had the Ministers decided upon the measure of dissolution, but the requisite commission had been actually prepared; and Lord Brougham said, "Knowing this, I must have been the veriest dolt and idiot in the creation, if I had said what has been attributed to me. I stated a factthat the dissolution being resolved upon, if there were wanting any justification for the step, the conduct of the House of Commons the night before furnished ample justification for that proceeding." But the truth is, the Opposition were smarting under the sense of defeat; they had been out-man?uvred by Lord Grey, and defeated by the use of their own tactics.Thereupon a period of the utmost suspense ensued. The British Cabinet was of very divided mind; there was a strong peace party, headed by Lord Holland and Lord Clarendon, with which Lord John Russell, after much hesitation, eventually threw in his lot. Again and again he threatened resignation, and it needed all the diplomacy of the Prime Minister and the strong remonstrances of the Queen to induce him to remain at his post. Even more serious was the attitude of the French Government. M. Thiers, who had become Prime Minister in March, was furious at the humiliation to which his predecessors' shilly-shally had exposed his country. He blustered about going to war, talked about increasing the fleet and calling out the reserves, and tried to persuade the British ambassador, Sir Henry Bulwer, that the king, his master, was even more bloodthirsty than himself. All in vain; Lord Palmerston had taken the measure of his opponents. He knew that, though Thiers might mean fighting, Louis Philippe had no such intention; he knew, too, that the Pasha, whom the world thought to be invincible, was a mere man of straw. His opinion was justified by the easy success of the joint British, Austrian, and Turkish squadron. Beyrout fell early in September, Saida, the ancient Sidon, surrendered before the end of the month, and on the 3rd of[476] November Commodore Napier reduced to ruins, after a bombardment of only three hours, Acre, the fortress hitherto held to be impregnable, from which even Napoleon had turned away in despair. The fall of Acre settled, for the time being, the Eastern question. Already Louis Philippe had seen the necessity of abandoning words which were not to be followed by deeds. He had refused to countenance the bellicose speech from the throne with which M. Thiers proposed to open the Chambers in October; that Minister had in consequence resigned, and had been succeeded by Marshal Soult with M. Guizot as his Foreign Minister. Still Lord Palmerston refused to readmit France to the European concert until the Egyptian resistance was at an end. However, his more pacific colleagues induced him to allow the French Government to take part in the diplomatic discussion, which led to the ultimate settlement of the crisis in the following July. By that treaty the independence of the Porte was guaranteed by a provision that the Bosphorus and Dardanelles should be closed to ships of war of all Powers in time of peace, while the Pasha was punished for his contumacy by being compelled to surrender the whole of Syria, retaining by way of compensation the hereditary possession of Egypt.
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THREE:These words, indiscreet as they were, and calculated to embarrass the Ministers, were regarded as in the highest degree precious by the bishops and clergy, and the whole Tory party. With the utmost despatch they were circulated far and wide, with the design of bringing public feeling to bear against Mr. Ward's motion. In the meantime, great efforts were made by the Government to be able to evade the motion. Its position at this time appeared far from enviable, and there was a general impression that it could not long survive. The new appointments did not give satisfaction. The Cabinet was said to be only patched up in order to wear through the Session. It was in these discouraging circumstances that Lord Althorp had to meet Mr. Ward's motion on Monday, the 2nd of June. In order to avoid a dissolution and a general election, the results of which might turn upon the existence of the Irish Church, it was necessary that Mr. Ward's motion should be defeated. He refused to withdraw it, because he apprehended the speedy dissolution of the Ministry, and he wished the decision of the House of Commons on the Irish Church question to be recorded, that it might stand in the way of a less liberal Administration. The anticipated contest in the Commons that evening excited extraordinary interest. The House was surrounded by a crowd anxious to obtain admittance or to hear the result, while within it was so thronged with members that the Ministers found it difficult to get to their seats. Rarely has there been so full a House, the number of members being 516. When Mr. Ward had spoken in favour of his motion, Lord Althorp rose to reply. He announced that a special commission of inquiry had been already issued, composed of laymen, who were to visit every parish in Ireland, and were to report on the means of religious instruction for the people; and that, pending this inquiry, he saw no necessity for the House being called upon to affirm the principles of Mr. Ward's motion. He would, therefore, content himself by moving the previous question. This was carried by an overwhelming majority, the numbers being 396 to 120.

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THREE:It was not to be expected that the difficulties of Ireland would have passed away with the paroxysm of the crisis through which that nation had been working into a better state of existence. The social evils of that country were too deep-rooted and too extensive to be got rid of suddenly. The political disturbances above recorded, coming immediately after the famine, tended to retard the process of recovery. Another failure of the potato crop caused severe distress in some parts of the country, while in the poorer districts the pressure upon the rates had a crushing effect upon the owners of land, which was, perhaps, in the majority of cases, heavily encumbered. This led to the passing of a measure for the establishment of a "rate in aid," in the Session of 1849, by which the burden of supporting the poor was more equally divided, and a portion of it placed upon the shoulders most able to bear it. In anticipation of this rate the Chancellor of the Exchequer, Sir Charles Wood, proposed an advance of 100,000 to meet the existing pressure. The proposed "rate in aid" was sixpence in the pound, to be levied in every union in Ireland, towards a general fund for the relief of the poor, and this was connected with a provision that the maximum rate should not exceed five shillings in the pound in any electoral[571] division. The proposition of the Government, with the exception of the maximum rate clause, was agreed to after a good deal of discussion and various amendments. In the House of Lords the Bill was carried with difficulty, after much discussion and the moving of various amendments.In the East Indies France agreed to keep no troops, and raise no fortifications in Bengal, and on these conditions their settlements were restored, but merely as places of trade. Goree, on the coast of Africa, was restored, but Senegal was surrendered.

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THREE:[565]

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THREE:Drag the slow barge, or drive the rapid car.[64]

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ONE:As for Wilkes, he counselled them earnestly to introduce a paragraph into their Address to the king, stating their conviction that the chief discontents of the nation arose from the violation of the rights of representation in his expulsion from the Commons. "I am," said the eloquent earl, "neither moved by his private vices nor by his public merits. In his person, though he were the worst of men, I contend for the safety and security of the best; and God forbid that there should be a power in this country of measuring the civil rights of the subject by his moral character, or by any other rule than the fixed laws of the land."

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THREE:As usual, a great cry was raised at the retreat of Wellington. The Spaniards would have had him stand and do battle for them, as foolishly as their own generals did, who, never calculating the fitting time and circumstances, were always being beaten. Amongst the first and loudest to abuse him was Ballasteros, the man who, by his spiteful disregard of orders, had been the chief cause of the necessity to retreat. But it was not the Spaniards only, but many people in England, especially of the Opposition, who raised this ungenerous cry. Wellington alluded to these censures with his wonted calmness in his dispatches. "I am much afraid," he said, "from what I see in the newspapers, that the public will be much disappointed at the result of the campaign, notwithstanding that it is, in fact, the most successful campaign in all its circumstances, and has produced for the common cause more important results than any campaign in which the British army has been engaged for the last century. We have taken by siege Ciudad Rodrigo, Badajoz, and Salamanca, and the Retiro has surrendered. In the meantime the allies have taken Astorga, Consuegra, and Guadalaxara, besides other places. In the ten months elapsed since January, this army has sent to England little short of twenty thousand prisoners; and they have taken and destroyed, or have themselves retained the use of, the enemy's arsenals in Ciudad Rodrigo, Badajoz, Salamanca, Valladolid, Madrid, Astorga, Seville, the lines before Cadiz, etc.; and, upon the whole, we have taken and destroyed, or we now possess, little short of three thousand pieces of cannon. The siege of Cadiz has been raised, and all the country south of the Tagus has been cleared of the enemy. We should have retained greater advantages, I think, and should have remained in possession of Castile and Madrid during the winter, if I could have taken Burgos, as I ought, early in October, or if Ballasteros had moved upon Alcaraz, as he was ordered, instead of intriguing for his own aggrandisement."We have stated that the spirit rising again in Germany called Buonaparte suddenly from Spain, even before Soult had pursued Sir John Moore to Corunna. At Valladolid he met the Abb de Pradt, who had risen high in Buonaparte's favour. To De Pradt, he said he began to suspect that he had made his brother Joseph a grander present in Spain than he was aware of. "I did not know," he said, "what Spain was; it is a finer country than I imagined. But you will see that, by-and-by, the Spaniards will commit some folly which will place their country once more at my disposal. I will then take care to keep it to myself, and divide it into five great viceroyships." Such were the soaring notions of Napoleon at the very moment that the man was ready who was to drive the French from Spain for ever. In England, at last, almost every one had now awoke to the consciousness that Sir Arthur Wellesley was the only man to cope with the French in the Peninsula. There were a few individuals, like Lord Folkestone, who were blinded enough by party to oppose this general conviction; but before the close of March Sir Arthur was selected by the Government for this command. On the 15th of April he sailed from Portsmouth, and on the 22nd he arrived safely at Lisbon. Some regiments of both horse and foot soon followed him, and he assumed the command of the British army in Portugal, which had been some time in the hands of General Sir J. Cradock. The command of the Portuguese troops had been placed in the hands of General Beresford, who had been actively drilling them; and thus General Sir Arthur Wellesley found himself at the head of an effective army of[574] British and Portuguese numbering twenty-five thousand men.
THREE:Iron suspension bridges were also introduced towards the end of this reign. Chain bridges had been erected in China for nearly two thousand years, and rope bridges in India and South America still earlier. In England a foot-bridge of iron chains was erected at Middleton, over the Tees, in the middle of the eighteenth century. In 1816 a bridge of iron wire was thrown across the Gala Water; and another, on a different principle, the following year, was erected over the Tweed, at[193] King's Meadows. But now much greater and more complete works of the kind were to be executed. Captain (afterwards Sir Samuel) Brown introduced many improvements into these structures. He substituted iron ropes for hempen ones, thereby forming cable-chains, like those used in Wales on quarry tram-roads, and these he applied to suspension bridges. In 1819 he was commissioned to construct an iron suspension bridge over the Tweed, near Kelso, called the union Bridge, which he completed in 1820, at a cost of five thousand pounds. In 1827 the first suspension bridge was thrown over the Thames by Mr. William Tierney Clarke; and in 1818 Telford commenced his great work of throwing a suspension bridge over the Menai Strait, near Bangor, which he completed in 1825. The main opening of this stupendous work is five hundred and sixty feet wide, and one hundred feet above high-water mark. The length of the roadway of the bridge is one thousand feet. The cost was one hundred and twenty thousand pounds. This was Telford's chef-d'?uvre. But the same neighbourhood was destined to see a more stupendous structure span the Strait from the Welsh shore to Anglesey. This was the tubular railway bridge, connecting the London and Holyhead line, within view of Telford's elegant suspension bridge. This was erected by Robert Stephenson, from his own design, greatly improved by suggestions from William Fairbairn of Manchester. It was completed in October, 1850, at a cost of six hundred and twenty-five thousand eight hundred and sixty-five pounds. Further description of this great work is not proper here, as it belongs to a later date, but it seemed fit to mention it in passing, as an evidence of the progress of the engineering science in the reign of Victoria.LOUIS PHILIPPE HEARS OF THE REVOLUTION. (See p. 551.)

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THREE:Whilst these operations were going on the British blockading squadrons rode in every American port and completely obstructed all commerce. Their vessels ascended many of the rivers, especially the Chesapeake and its tributaries. At the end of June Sir S. Beckwith landed, from the squadron of Admiral Cockburn, at Hampton, in Virginia, where the Americans had a fortified camp, and drove them out of it, and captured all their batteries. In the following month Admiral Cockburn visited the coasts of North Carolina and seized the islands, towns, and ports of Portsmouth and Ocracoke. The complaints of the Americans of the miseries of this state of blockade began very unpleasantly to reach the ears of President Madison.Louis was succeeded for the time by the Duke of Orleans as Regent, who had other views, and was surrounded by other influences than the old king. He had secured the Regency in opposition to Madame Maintenon and the royal bastards. He changed all the ministers, and was not inclined to risk his government by making enemies of the English abroad, having sufficient of these at home. He had been for some time cultivating the good offices of the present English Government, which had offered to assist him with troops and money, if necessary, to secure the Regency. He had seen a good deal of the new Secretary of State, Stanhope, in Spain, and still maintained a correspondence with him. Lord Stair, the British Ambassador, therefore, was placed in a more influential position with the Regent, and the Pretender and his ministers were but coldly looked on.

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THREE:There remain only the trials of Hunt and his associates in the meeting at Manchester to close the events which arose out of circumstances originating under the reign of George III. These took place at York spring assizes, whither they had been prudently removed out of the district where both parties were too much inflamed for a fair verdict to be expected. During the time that they lay in prison the conduct of Hunt had greatly disgusted his humble associates. He[156] showed so much love of himself that Bamford says he began to think that he could never have really loved his country. The Government had found it necessary a second time to lower its charge against the Manchester prisoners. At first it was high treason, then it subsided to treasonable conspiracy, and now, at last, it was merely "for unlawful assembling for the purpose of moving and inciting to hatred and contempt of the Government." Of this they were all convicted, and were confined in different gaols for various periods, and were called upon to give substantial security for good behaviour in future before being set at liberty. Hunt was imprisoned for three years in Ilchester gaol. It is only justice to him to state that though, during this imprisonment, he was continually sending to the newspapers complaints of ill treatment, he was instrumental in making known to the public some flagrant malpractices going on in the gaol, and which, through these exposures, were afterwards corrected.

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Thus shamefully deserted on both hands, Cumberland still led forward his British and Hanoverians against the main body of the French army. The ruggedness of the ground in the[91] narrow valley between the wood of Barr and Fontenoy compelled them to leave the cavalry behind; but the infantry pushed on, dragging with them several pieces of artillery. Cumberland had the advantage of the advice and spirit of his military tutor, General Ligonier, and, in face of a most murderous fire, the young commander hastened on. The batteries right and left mowed them down, and before this comparative handful of men stood massed the vast French army, in a position pronounced by the French impregnable. The dense column of the English, compressed between the wood of Barr and Fontenoy, soon drove the French from their positions, and, still pushing on towards the rear of Fontenoy, threatened to cut off the bridge of Calonne, and with it the enemy's retreat across the river. Both French and English conceived that the battle was decided for the Allies. Marshal K?nigsegg congratulated Cumberland on their victory, and, on the other hand, Saxe warned Louis XV. that it was necessary to retreat. Louis, however, is said to have protested against giving way, and both French and English soon became aware that the Dutch had deserted their post, and that the right wing of the French army remained wholly unengaged. The British and Hanoverian conquerors on their right, when they mounted the French positions, looked out for their left wing, the Dutch, and, to their dismay, beheld them hanging with cowardly inactivity in the distance. The brave Marshal Saxe, at the same moment making the same discovery, called forward the Household Troops, which had been posted to receive the Dutch, and precipitated them on the flank of the British. Foremost in this charge was the Irish Brigade, in the pay of France, who fought like furies against their countrymen. Overwhelmed by numbers, and numbers perfectly fresh, and mowed down by additional artillery which the default of the Dutch had set at liberty, and unsupported by their own cavalry from the confined and rugged nature of the ground, the brave British and Hanoverians were compelled to give way. But they did it in such order and steadiness, disputing every inch of the ground, as excited the admiration of their opponents. The Duke of Cumberland was the last in the retreat, still regardless of his own danger, calling on his men to remember Blenheim and Ramillies; and seeing one of his officers turning to flee, he threatened to shoot him. Thus they gave way slowly, and still fighting, till they reached their horse, which then made a front to cover them, till they were out of the mle; their dastardly allies, the Dutch, then joined them, and they marched away in a body to Ath. Tournay, for which the battle was fought, might have detained the French a long time; but here, again, Dutch treachery did its work. Hertsall, the chief engineer in the Dutch service, betrayed the place to the French, fled to their camp, and then assisted them by his advice. Tournay surrendered in a fortnight, and the citadel the week after. Ghent, Bruges, Oudenarde, and Dendermond fell in rapid succession. Whilst the Allies were covering Antwerp and Brussels, the French attacked and took Ostend, again by the treachery of the governor, who refused to inundate the country.Immediately on the rising of Parliament O'Connell published a violent attack in the form of a letter to Lord Duncannon. This was taken up by Lord Brougham in the course of an oratorical tour which he was making through Scotland, and a mutual exchange of compliments ensued. Unfortunately the Chancellor's eccentricity did not stop there. Earl Grey was not permitted to retire into private life without some popular recognition of his great public services. On the 15th of September a grand banquet was given in Edinburgh in honour of this illustrious statesman. "Probably," says a contemporary chronicle, "no Minister in the zenith of his power ever before received so gratifying a tribute of national respect as was paid on this occasion to one who had not only retired from office, but retired from it for ever. The popular enthusiasm, both in the capital and other parts of Scotland, was extreme, which the noble earl sensibly felt, and gratefully acknowledged as among the proudest circumstances of his life. The dinner took place in a large pavilion, erected for the occasion in the area of the High School, and was provided for upwards of 1,500 persons, more than 600 having been admitted after the removal of the cloth. The principal speakers were Earl Grey, the Lord Chancellor, and the Earl of Durham. Earl Grey and the Lord Chancellor, in their speeches, said they considered that the Reform in Parliament afforded the means by which all useful improvements might be obtained without violence. Both advocated a deliberate and careful, but steady course of amelioration and reform, and both derided the idea of a reaction in favour of Tory principles of government. The Earl of Durham avowed his opinions in favour of the ballot and household suffrage, and declared that he should regret every hour which left ancient and recognised abuses unreformed." This involved the Lord Chancellor in a new controversy in which more personalities were exchanged.On the 21st of March a Committee which had been appointed early in the Session to inquire into the public income and expenditure, and to suggest what might in future be calculated on as the clear revenue, presented its report through Mr. Grenville, their chairman. On the 29th, Pitt, in a Committee of the whole House, entered upon the subject, and detailed the particulars of a plan to diminish progressively and steadily the further debt. It appeared from the report of the select Committee that there was, at present, a clear surplus revenue of nine hundred thousand pounds sterling, and that this surplus could, without any great additional burthen to the public, be made a million per annum. This he declared to be an unexpected state of financial vigour after so long and unfortunate a war. The plan which he proposed was to pay two hundred and fifty thousand pounds quarterly into the hands of Commissioners appointed for the purpose to purchase stock to that amount, which was under par, or to pay stock above par, and thus cancel so much debt. In addition to this, the annuities for lives, or for limited terms, would gradually cancel another portion. All dividends arising from such purchases were to be similarly applied. Pitt calculated that by this process, and by the compound interest on the savings to the revenue by it, in twenty-eight years no less than four millions sterling per annum of surplus revenue would be similarly applied, or employed for the exigencies of the State. By this halcyon process he contemplated the eventual extinction of that enormous debt, to pay the mere interest of which every nerve had been stretched, and every resource nearly exhausted. In a delightful state of self-gratulation, Pitt declared that he was happy to say that all this was readily accomplishable; that we had nothing to fear, except one thingthe possibility of any Minister in need violating this fund. Had the original Sinking Fund, he said, been kept sacred, we should have had now very little debt. To prevent the recurrence of this fatal facility of Ministers laying their hands on this Fund, he proposed to place it in the hands of Commissioners, and he declared that "no Minister could ever have the confidence to come down to that House and desire the repeal of so beneficial a law, which tended so directly to relieve the people from their burthens." He added that he felt that he had by this measure "raised a firm column, upon which he was proud to flatter himself that his name might be inscribed." He said not a word about the name of Dr. Price being inscribed there, to whom the whole merit of the scheme belonged; he never once mentioned his name at all. On his own part, Dr. Price complained not of this, but that he had submitted three schemes to Pitt, and that he had chosen the worst.
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