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FORE:[226]But he went on to Smorgony, and there, the remains of the army having come up, he called a council of war on the 5th of December. He told his generals that he had ordered Ney to reorganise the army at Wilna, and had appointed Murat, King of Naples, generalissimo in his absence. He assumed a tone of great confidence, promised his army good winter-quarters beyond the Niemen, and assured them that he was hasting away to present himself directly at the head of one hundred and twenty thousand men to keep the Austrians and Prussians firm to their alliance, and thus to make those he left behind more secure than he could do by staying with them. He then passed through the crowd of his officers, who were drawn up in an avenue as he passed, bidding them adieu with forced and melancholy smiles. He then stepped into a sledge with Caulaincourt and shut themselves in, and Duroc and Lobau followed in another sledge; and thus the man who entered Russia with nearly half a million of men, stole away, leaving the miserable remnant of his vast army to the elements and the Russians!
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FORE:Mr. Vansittart introduced some financial measures which effected a material saving. He proposed a plan for reducing the interest of the Navy Five per Cents. to four per cent. Holders not signifying their dissent were to have one hundred and five pounds in a New Four per Cent. stock, and persons dissenting were to be paid off in numerical order. By this scheme an annual saving to the public of one million one hundred and forty thousand pounds would be effected; besides a further saving of upwards of ninety thousand pounds of annual charge, which would be gained by similar reduction of the Irish Five per Cents. The high prices of the public funds obviated all difficulty in the execution of this financial operation, and the holders of the Five per Cent. stock found it expedient to acquiesce in the Minister's terms. The dissentients were in number only one thousand seven hundred and seventy-eight, and the stock held by them amounted to two million six hundred and fifteen thousand nine hundred and seventy-eight pounds, not a fifteenth part of the Five per Cent. capital. Another operation related to what was called "The Dead Weight Annuity." The amount of military and naval pensions and civil supernumeraries was about five millions annually. Accordingly Mr. Vansittart brought forward an amended scheme for relieving the immediate pressure of this dead weight by extending it over a longer term of years than the natural lives of the annuitants. For this purpose an annuity of two million eight hundred thousand pounds was appropriated out of the existing revenue for forty-five years, invested in trustees for the discharge of the then payments, which for that year were estimated at four million nine hundred thousand pounds, subject to a yearly diminution by deaths. It was computed that, according to the ordinary duration of human life, the annuities for the lives of the then holders would be equal to the annuity of two million eight hundred thousand pounds for forty-five years. The trustees were therefore empowered to sell from time to time such portions of this annuity as would provide the funds required for the payment of the dead weight, according to a computation made of the amount which would probably be due in each year. The Bank of England became the contractor for a portion of the annuity. There was no novelty of principle in the project; it was only the old one of anticipating distant resources by throwing the burden of the existing generation on the next. It had the further disadvantage of incurring a useless expense for management; whereas the Sinking Fund, amounting at the time to about five millions, might have been applied to existing exigencies, and a real saving effected.
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FORE:"On account of the gravity of the question," says Sir Robert Peel, "and the smallness of the minority assenting to my views, I might perhaps have been justified in at once relinquishing office; but after mature reflection, considering that the rejection of my proposals was not a peremptory one by all of those who for the present declined to adopt them, that additional information might materially abate the objections of many, and that the dissolution of a Government on account of differences on such a matter as that under consideration must cause great excitement in the public mind, I determined to retain office until there should be the opportunity of reconsideration of the whole subject. That opportunity would necessarily recur at the latter end of this current month (November), when it was agreed that the Cabinet should again assemble. In determining to retain office for the present, I determined also not to recede from the position which I had taken, and ultimately to resign office if I should find on the reassembling of the Cabinet that the opinions I had expressed did not meet with general concurrence. I determined also, in order to guard against the mischievous consequences of failure in such an undertaking, not to attempt the adjustment of the question at issue unless there should be a moral assurance of ultimate success. It was most painful to me to differ from colleagues with whom I had hitherto acted in uninterrupted harmony, for whom I had sincere personal regard, and cordial esteem and respect founded on an intimate knowledge of their motives and conduct in the discharge of their respective duties."[See larger version]
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FORE:Expenditure.In fact, the chief scene of the war during this year continued to be south. In September, D'Estaing arrived off Savannah, to co-operate with the American forces in recovering that important place. He brought with him twenty-four ships of the line and fourteen frigates, and was moreover attended by a numerous squadron of French and American privateers, besides carrying a considerable body of troops. On learning D'Estaing's approach, General Lincoln and Governor Rutledge began to march their troops towards Savannah, and sent a number of small vessels to enable the French to carry their troops up the river, and land them near the town. General Prevost, commander of the English garrison, made the most active preparations to receive them. D'Estaing had agreed to wait for the arrival of General Lincoln, with the South Carolina force, but, with the want of faith characteristic of the man, on the 12th of September he landed three thousand men, and summoned General Prevost to surrender in the name of the French king. Prevost claimed twenty-four hours to decide, and this time he employed in strengthening his defences. Before the expiration of this time Colonel Maitland, who was on the march for Beaufort with eight hundred veterans, came in, and Prevost returned for answer that he would defend the place to the utmost. On the 16th, General Lincoln arrived, and was greatly incensed to find that D'Estaing had broken the agreement to wait for him, and still worse, had summoned the place in the name of France instead of the Congress.
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