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Another attempt was to burn a portion of the Brest fleet, which was found lying off La Rochelle, in the Basque Roads. Lord Gambier, on the 11th of March, wrote to the Admiralty proposing to send fire-ships amongst them and destroy them. The Admiralty seized on the idea; but instead of leaving Lord Gambier to work out his own plan, they appointed Lord Cochrane to that service, under Gambier. This was sure to create jealousies, not only in the mind of Gambierto whom the Admiralty had written on the 19th, approving his design, and ordering him to execute it according to his own ideasbut also in the minds of other officers in Gambier's fleet. Lord Cochrane proceeded to the Basque Roads in a frigate, arriving there on the 3rd of April, and presenting Gambier with a letter informing him of the change of plan by the Admiralty. Mr. Congreve, with a supply of his rockets, was to accompany the fire-ships from England; and on the 11th, these having arrived, and being joined by several large transports which Lord Gambier had converted into fire-ships, the attack was made. The French squadron was lying between the isle of Aix and the town of La Rochelle, in a narrow passage, commanded by powerful batteries both on the land and on the island of Aix. Besides this, numbers of gunboats were placed so as to defend the approach to the vessels; but still more, a very strong boom was stretched across the passage, formed of enormous cables, secured by equally enormous anchors, and supported by buoys. None of the officers, not even Gambier or Cochrane, seem to have been aware of this boom till some of the foremost fire-ships ran against it; and several of the ships, whilst thus detained, exploded, being too far off to do any harm. But Captain Woolridge, in the Mediator, burst the boom asunder, and the fire-ships sailed up towards the French ships in the dark, and exploded, one after another, with a terrible uproarone fire-ship alone containing fifteen hundred barrels of gunpowder, besides three or four hundred shells and three or four thousand hand-grenades. But the only mischief done was to cause the French to cut their cables, and run their ships ashore. There, the next morning, they were seen; and Lord Cochrane signalled to Lord Gambier to stand in and destroy them before the rising of the tide should float them, and enable them to run up the river Charente. No ships, however, arriving, Cochrane again more urgently signalled that all the fleet was aground, except two vessels, and might easily be destroyed. Lord Gambier paid no attention to these signals, and, as the tide rose, the vessels floated and escaped up the river, except four, which still stuck fast, and were destroyed by[586] Cochrane. Those which escaped were all greatly damaged. Had Gambier stood in with his vessels promptly, no doubt the whole squadron would have been destroyed.

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This Session is memorable for the introduction of the subject of Parliamentary Reform by Lord John Russell. His plan was to add one hundred members to the Housesixty for counties and forty for large towns. He argued that this enlargement of the representation was rendered just and politic by increasing intelligence among the people, especially the middle classes, of whom large numbers were unrepresented in Parliament. His motion was negatived, on the 29th of April, by two hundred and sixty-nine to one hundred and sixty-four, Mr. Canning having led the opposition of the Conservatives, and defended the Constitution as it stood. The motion, in fact, was premature, though in the previous Session he had procured the disfranchisement of the corrupt[224] borough of Grampounda victory which the Lords sought to neutralise by transferring the seat to the county of York, instead of to one of the great unrepresented cities. The Ministry of "All the Talents"Fox informs Napoleon of a supposed Scheme for his AssassinationFutile Negotiations for PeaceWindham's Army BillsResolutions against the Slave Trade passedInquiry into the Conduct of the Princess of WalesBritish Expeditions: Stuart in CalabriaBattle of MaidaContinued Resistance of the NeapolitansRecapture of the Cape of Good HopeExpedition to Buenos AyresNaval Successes: Victories of Duckworth, Warren, and HoodCochrane's DaredevilryNapoleon's subject KingdomsPrussia makes ComplaintsNapoleon prepares for WarMurder of PalmIsolation of PrussiaImbecility of their Plan of CampaignBattle of JenaNapoleon in BerlinHe seizes BrunswickComplete Subjugation of GermanySettlement of GermanyThe Berlin DecreesNapoleon rouses the PolesCampaign against BenningsenDeath of FoxMinisterial ChangesVotes in SupplyAn Administrative ScandalAbolition of the Slave TradeMeasures of Roman Catholic ReliefDismissal of the Grenville MinistryThe Duke of Portland's CabinetHostile Motions in ParliamentThe General ElectionIrish Coercion BillsFailure of the Expeditions planned by the late Ministry: Buenos AyresThe Expedition to the DardanellesExpedition to AlexandriaAttack on RosettaWithdrawal of the ExpeditionWar between Russia and TurkeySecret Articles of the Treaty of TilsitBombardment of Copenhagen and Capture of the Danish FleetSeizure of HeligolandThe Campaign in EuropeBattle of EylauBenningsen's RetreatNapoleon on the VistulaFall of DantzicBattle of FriedlandAlexander resolves to make PeaceThe Meeting on the NiemenTreaty of Tilsit.
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THREE:[See larger version] FORE:

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THREE:Melbourne returned to town that evening, the bearer of a letter to the Duke. He communicated the state of affairs to Brougham under pledge of secrecy, but the Lord Chancellor promptly went to the Times and gave the editor a report of the circumstances, with the malicious addition"The queen has done it all." The king, furious at the insult, came up to town, and dismissed his Ministers before their successors were appointed. Meanwhile, the Duke went to Brighton on Sunday, and advised the king to send for Sir Robert Peel, who was then in Italy. A messenger was immediately despatched, who in ten days arrived at Rome, and surprised Sir Robert Peel with the announcement of the king's wish that he should return to England forthwith. Next morning the right honourable baronet started for home, and arrived in London on the 9th of December. The Duke of Wellington details the circumstances of this Ministerial crisis in a letter to the Duke of Buckingham. According to his account, the death of the Earl Spencer, which removed Lord Althorp from the House of Commons, from the management of the Government business in that assembly, and from the office of Chancellor of the Exchequer, occasioned the greatest difficulty and embarrassment. His personal influence and weight in the House of Commons were the main foundation of the strength of the late Government; and upon his removal it was necessary for the king and his Ministers to consider whether fresh arrangements should be made to enable his Majesty's late servants to conduct the affairs of the country, or whether it was advisable for his Majesty to adopt any other course. The arrangements in contemplation must have reference, not only to men, but to measures, to some of which the king felt the strongest objection. He had also strong objections to some of the members of the Cabinet. The Duke was therefore requested to form an Administration, but he earnestly recommended Sir Robert Peel as the fittest man for the office of Prime Minister. In the meanwhile he offered to hold the offices of First Lord of the Treasury and Home Secretary until Sir Robert Peel's return, Lord Lyndhurst holding the Great Seals temporarily, subject, with all the other arrangements, to Sir Robert Peel's approbation. On the 21st Lord Lyndhurst was gazetted as Lord Chancellor, holding in the interim his office of Chief Baron of the Exchequer, which Lord Brougham, dreading the prospect of idleness, offered to fill without salary, thus saving the country 12,000 a year, an offer which exposed him to censure from his own party, and which he afterwards withdrew. FORE:The Jacobites were in ecstasies at this new phase of their old enterprise. By Charles's adhesion, their scheme was stripped of all those prejudices which had insured its ruin with the English. It had no longer the unpopular aspect of a French invasion; it was no longer headed by a Popish but a Protestant leader; it was no longer consigned to an untried or doubtful general, but to one of the most victorious monarchs living, who came as a Protestant to call on a Protestant nation to receive their rightful king. Money was not wanting. Spain remitted to Baron Spaar a million of livres for the expedition, and the Court of the Pretender offered sixty thousand pounds.

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THREE:Reproduced by Andr & Sleigh, Ltd., Bushey, Herts.The conduct of the Government in reference to the Congress was the subject of an animated debate in the House of Commons, which began on April 28th and lasted three days. It was on a motion for a Vote of Censure for the feebleness of tone assumed by the Government in the negotiations with the Allies, an amendment having been proposed expressive of gratitude and approbation. In Mr. Canning's speech on the third day there was one remarkable passage, which clearly defined his foreign policy, and showed that it had a distinct purpose, and aimed at an object of the highest importance. He said:"I contend, sir, that whatever might grow out of a separate conflict between Spain and France (though matter for grave consideration) was less to be dreaded than that all the Great Powers of the Continent should have been arrayed together against Spain; and that although the first object, in point of importance, indeed, was to keep the peace altogether, to prevent any war against Spain, the first in point of time was to prevent a general war; to change the question from one affecting the Allies on the one side and Spain on the other, to a question between nation and nation. This, whatever the result might be, would reduce the quarrel to the size of ordinary events, and bring it within the scope of ordinary diplomacy. The immediate object of England, therefore, was to hinder the impress of a joint-character from being affixed to the war, if war there must be, with Spain; to take care that the war should not grow out of an assumed jurisdiction of the Congress; to keep within reasonable bounds that predominating areopagitical spirit which the memorandum of the British Cabinet of May, 1820, describes as beyond the sphere of the original conception and understood principles of the alliancean alliance never intended as a union for the government of the world, or for the superintendence of the internal affairs of other states; and this, I say, was accomplished."
  • THREE:Lord Wellington came up with him on the 9th of April, in the meantime having had to get across the rapid Garonne, with all his artillery and stores, in the face of the French batteries. The next morning, the 10th, being Easter Sunday,[76] Wellington attacked Soult in all his positions. These were remarkably strong, most of his troops being posted on well-fortified heights, bristling with cannon, various strongly-built houses being crammed with riflemen; while a network of vineyards and orchards, surrounded by stone walls, and intersected by streams, protected his men, and rendered the coming at them most difficult. The forces on both sides were nearly equal. Soult had about forty-two thousand men, and Wellington, besides his army composed of British, Germans, and Portuguese, had a division of fifteen thousand Spaniards. The difficulties of the situation far out-balanced the excess of about three thousand men on the British side; but every quarter was gallantly attacked and, after a severe conflict, carried. Soult retired into Toulouse, and during the ensuing night he evacuated it, and retreated to Carcassonne. The loss of the Allies in killed was six hundred, and about four thousand wounded. Soult confessed to three thousand two hundred killed and wounded, but we may calculate his total loss at little less than that of the Allies, although his troops had been protected by their stone walls and houses.

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    FORE:Scarcely were the elections over when a strike took place amongst the working cotton-spinners in Manchester. Food was dear, and the rate of wages was not in any proportion to the dearness. The men who turned out paraded the streets, and, as is generally too much the spirit of strikes, endeavoured forcibly to compel the workmen of other factories to cease working too. The magistrates, on the 1st of September, issued a proclamation, that they were determined to resist such attempts, and to punish the offenders. Sir John Byng, the same who had favoured the endeavours of Oliver in Yorkshire, commanded the forces there, and every precaution was taken to secure the factories still in work. On the very next day the spinners were joined by a great mob from Stockport, and they endeavoured to break into Gray's mill, in Ancoat's Lane, and force the men to cease. But there was a party of soldiers placed within in expectation of the attack, and they fired on the assailants, and killed one man and wounded two others. The troops then dispersed the mob, which was said to have amounted to at least thirty thousand men. This ended the strike and[138] the rioting for the time. The coroner's jury pronounced the death of the man justifiable homicide, and Ministers congratulated themselves on the speedy end of the disturbance. But the elements of fresh ones were rife in the same districts. The country was by no means in the prosperous condition that they had represented it.

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  • THREE:What immediately follows shows that Oliver had planned and brought to a crisis, by his personal exertions, this unhappy rising. On Sunday, the 8th of June, Jeremiah Brandreth, a framework-knitter of Nottingham, appeared with some others at a public-house called the "White Horse," in the village of Pentrich, in Derbyshire. This village is about fourteen miles from Nottingham, and about a mile from the small market town of Ripley. It is in a district of coal and iron mines, and is near the large iron foundry of Butterley. The working people of the village, and of the neighbouring village of South Wingfield, were chiefly colliers, workers in the iron mines or iron foundry, or agricultural labourersa race little informed at that day, and therefore capable of being readily imposed on. This Brandreth had been known for years as a fiery agitator. He was a little, dark-haired man, of perhaps thirty years of age. He had been much with Oliver, and was one of his most thorough dupes, ready for the commission of any desperate deed. He had acquired the cognomen of the "Nottingham Captain," and now appeared in an old brown great-coat, with a gun in his hand, and a pistol thrust into an apron, which was rolled round his waist as a belt.The affairs of Italy were the subject of warm debates in the British Parliament in the Session of 1849. Lord Palmerston was assailed by the Conservatives for having countenanced the Sicilian insurrection, and for having sent Lord Minto to Italy on a mission of conciliation, which they considered an unwarrantable meddling in the affairs of foreign countries. His assailants, he said, belonged to a school which maintained "the right divine to govern wrong," and they therefore stigmatised the Sicilians as rebels. But the Sicilians had had a Constitution for centuries, and their ancient and indisputable rights were confirmed in 1812. As to Lord Minto, he interfered at the instance of the King of Naples himself. The Treaty of Vienna recognised the title of the king as King of the Two Sicilies; "but the recognition of a title was one thing, the overturning of a Constitution another."

    by Daniel Nyari View on Dribbble

    FORE:Meanwhile Ministers, anxious to exonerate themselves from the odium so fully their due for fomenting insurrection, commenced Parliamentary inquiries which only the more clearly demonstrated their guilt. On the 2nd of February the celebrated green bag was sent down by the Prince Regent to the Lords, and another green bag on the following day to the Commons. These green bagsor rather, this green bag, for they were classed as one by the public, their contents being onemade a great figure in the newspaper comments of the time. They were stuffed with documents regarding the late extraordinary powers assumed by Ministers, and the occurrences in the midland counties which had been held to justify them. No doubt the papers had been carefully selected, and they were now submitted to a secret committee of each House, which, being named by Ministers, was pretty sure to bring in reports accordingly. On the 23rd the Lords' committee brought up their report, and on the 27th the Commons' produced theirs. As might have been expected from their parentage,[134] there was a striking likeness in the offspring of the committees; they were veritable twins. Both travelled over the same ground; the statements made by the secret committee of 1816 averring that schemes of conspiracy were in agitation, and the events of 1817, particularly in Derbyshire and Yorkshire, as fully confirming these averments. They were compelled, however, to confess that the insurrections, though clearly connected in different counties, in Lancashire, Yorkshire, Derbyshire, and Nottinghamshire, were not very formidable, and that the mass of the population in these counties did not at all sanction, much less second, such proceedings. Yet, notwithstanding this confession, the fact remained that under the arbitrary measures of Ministers a great number of persons had been thrown into prison, against whom no charge could be established; and that at Derby three had been executed, and twenty others transported or imprisoned for long terms, and these, every one of them, through the acts and incitements of the emissaries of Ministers themselves. On the motion for printing the report of the Commons, which, of course, justified Ministers, Mr. Tierney said it was scarcely worth while to oppose the printing of "a document so absurd, contemptible, and ludicrous."One of the pioneers of the science of political economy at this time was Dr. Davenant, the son of Sir William Davenant, the poet. He had no genius for drawing principles and theories from accumulated facts, but he was a diligent collector of them, and his porings amongst State documents and accounts have served essentially the historians and political economists of our day.

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  • THREE:

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    FORE:THE STANDARD OF PRINCE CHARLIE'S BODYGUARD, TAKEN AT CULLODEN. (In the possession of Sir Archibald Lamb at Beauport, Sussex.)

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THREE:Scarcely had Parliament ceased to sit, and the king was gone to spend the summer months in Germany, when the vigilance of the Ministry was demanded to ward off a fresh invasion. Alberoni, defeated in his schemes on France, and his hopes of the invasion of England by Charles XII. crushed by that monarch's death, determined now to make a grand effort to support the Pretender himself. For this purpose, he invited him to Spain, and at the same time began the equipment of a formidable fleet to carry over a Spanish force, under the command of the Duke of Ormonde, to the shores of Britain. The Pretender was not intended to accompany the expedition, but to be in readiness to follow on the first news of its[43] successful landing. But it was no more destined to reach these shores than the Grand Armada. It has always been the fate of invading squadrons to encounter providential tempests in coming hitherward, and the usual hurricane was ready to burst. Scarcely, indeed, had the fleet lost sight of Cape Finisterre before the storm swooped down upon it. For twelve days the terrible Bay of Biscay was swept by a frightful wind, which drove the vessels in all directions, and rendered it impossible to manage them. Fortunate would it have been if every vessel had failed to reach the shores at which they aimed; but two vessels, on board of which were the Earls Marshal and Seaforth, and the Marquis of Tullibardine, accompanied by about three hundred Spanish soldiers, reached Scotland, and landed, on the 16th of April, at Kintail, in Ross-shire. In the hope that Ormonde would still reach England, this small force lay quiet for some time, and so little did they excite notice, that the Government imagined that they had re-embarked. Their presence there, however, had the mischievous effect of exciting some few of the Highlanders to join them. They seized Donan Castle, and thus attracted the attention of the English. Some vessels of war arrived upon the coast. The castle was speedily retaken, and Lord Carpenter, the commander of the forces in Scotland, sent some troops from Inverness against them. General Wightman, the officer thus despatched, was attended by about a thousand men, and found the enemy, now swollen to about two thousand, strongly posted at Glenshiel. He immediately attacked them, and the miscellaneous force speedily dispersed. The Highlanders, who knew the country, rapidly disappeared amongst the hills, and the Spaniards had no other resource than to lay down their arms.
THU 14 May, 2015
FORE:Another favourable circumstance would have been found in the fact that in Hutchinson, Massachusetts had a native Governor, a man of courteous manners and moderate counsels. But even out of Hutchinson's position arose offence. His brothers-in-law, Andrew and Peter Oliver, were appointed Lieutenant-Governor and Chief Justice of the province. Lord North thought that the payment of these officers should be in the hands of Government, to render them independent of the colonists; but this the colonists resented as an attempt to destroy the Charter and establish arbitrary power. The Massachusetts House of Assembly declared on this occasion, in their address to the Crown:"We know of no commissioners of his Majesty's Customs, nor of any revenue that his Majesty has a right to establish in North America." They denounced the Declaratory Act passed at the suggestion of Chatham, and the attempt to make the governors and judges independent of the people, and the arbitrary instruments of the Crown. In Virginia the same spirit was conspicuous.

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THU 14 May, 2015
FORE:The French had always beheld with jealousy our possession of the island of Minorca, which had been won by General Stanhope in 1708, and secured to us by the Peace of Utrecht. That England should possess the finest port in the Mediterranean, and that so near their own shores, was a subject of unceasing chagrin. The miserable administration of British affairs, the constant attention to the interests of Hanover instead of our own, now inspired France with the resolve to snatch the prize from us. Great preparations were made for this object, and the report of these as duly conveyed to the English Ministers by the consuls in both Spain and Italy, but in vain. At length the certainty that the French were about to sail for Minorca burst on the miserable Ministers; but it was too latethey had nothing in readiness. The port of Mahon was almost destitute of a garrison; the governor, Lord Tyrawley, was in England; and the deputy-governor, General Blakeney, though brave, as he had shown himself at the siege of Stirling, was old, nearly disabled by his infirmities, and deficient in troops. What was still worse, all the colonels were absent from the regiments stationed there, and other officers alsoaltogether thirty-five!Not one of these monarchs, whose subjects had shed their blood and laid down their lives by hundreds of thousands to replace them in their power, had in return given these subjects a recompense by the institution of a more liberal form of government. The German kings and princes had openly promised such constitutions to induce them to expel Buonaparte; and, this accomplished, they shamefully broke their word. As Lord Byron well observed, we had put down one tyrant only to establish ten. In Spain, where we had made such stupendous exertions to restore Ferdinand, that monarch entered about the end of March; and his arrival was a signal for all the old royalists and priests to gather round him, and to insist on the annihilation of the Constitution made by the Cortes. He went to Gerona, where he was joined by General Elio and forty thousand men. Thence he marched to Saragossa and Valencia. At that city Te Deum was sung for his restoration, and, surrounded by soldiers and priests, he declared that the Cortes had never been legally convoked; that they had deprived him of the sovereignty, and the nobles and clergy of their status; and that he would not swear to the Constitution which they had prepared. On the 12th of May he entered his capital, amid the most frantic joy of the ignorant populace, and proceeded at once to seize all Liberal members of the Cortes, and throw them into prison. Wellington hastened to Madrid, and with his brother, Sir Henry Wellesley, the British Ambassador, and General Whittingham, in vain urged on Ferdinand to establish a liberal constitution, and govern on liberal principles. It was clear there was a time of terrible and bloody strife before Spain between the old tyrannies and superstitions and the new ideas.

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THU 14 May, 2015
FORE:

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THREE:In concluding the remarkable events of this year, we must turn to India, and witness the termination of the career of Tippoo Sahib. This prince, for ever restless under the losses which he had suffered from the British, though nominally at peace with them, was seeking alliances to help him once more to contend with them. He sought to engage the Afghans in his favour, and to bring over the British ally, the Nizam of the Deccan. Failing in this, he made overtures to the French Republic through the Governor of the Isle of France. Buonaparte, as we have said, had Tippoo in his mind when he proposed to march to India and conquer it, but only a few hundreds of French of the lowest caste reached Seringapatam from the Isle of France. Lord Mornington, afterwards the Marquis of Wellesley, determined to anticipate the plans of Tippoo, and dispatched General Harris with twenty-four thousand men into Mysore, at the same time ordering another force of seven thousand, under General Stuart, from Bombay, to co-operate with him. To these also was added a strong reinforcement of British troops in the pay of the Nizam, and some regiments of sepoys, commanded by English officers. The united forces of Harris and the Nizam came into conflict with Tippoo's army on the 22nd of March, 1799, when within two days' march of Seringapatam. In this action, Colonel Wellesley, afterwards the Duke of Wellington, greatly distinguished himself, and the success of the action was ascribed to his regiment, the 34th. On the 5th of April General Harris invested Seringapatam, and on the 14th General Stuart arrived with the Bombay army. Tippoo soon made very humble overtures for peace, but the British, having no faith in him, continued the siege, and the city was carried by storm on the 4th of May, and Tippoo himself was found amongst the slain. Two of his sons fell into the hands of the victors; his territories were divided between the British and the Nizam. The former retained Seringapatam and the island on which it is situated, and the whole of his territory on the Malabar coast, with Coimbra, and all the rest of his possessions stretching to the Company's territories west and east, thus completing their dominion from sea to sea. The Nizam received equally valuable regions in the interior, and a province was bestowed on the descendant of the Hindoo rajah who had been dispossessed of it by Hyder Ali, Tippoo's father. Thus was the British empire of India freed from its most formidable enemy, and thus was it enabled, soon afterwards, to send an armament up the Red Sea to assist in driving the French from Egypt.TWOPENNY PIECE OF GEORGE III.
FORE:VIRGINIA WATER.

ADDRESS

SUPPORT WITH

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SIR ROBERT PEEL.Still more inglorious were the proceedings of our fleet on the coasts of the Spanish-American colonies. Sir Chaloner Ogle joined Vernon in Jamaica on the 9th of January, 1741, and no time was to be lost, for the wet season set in at the end of April, which, besides the deluges of rain, is attended by a most unhealthy state of the climate. Vernon, however, did not move till towards the end of the month, and then, instead of directing his course towards the Havannah, which lay to the leeward, and could have been reached in three days, he beat up against the wind to Hispaniola, in order to watch the motions of the French fleet under D'Antin. It was the 15th of February before he learned distinctly that the French had sailed for Europe in great distress for men and provisions. Now was the time to make his way to Cuba; but, instead of that, he called a council of warthe resource of a weak commander,which was followed by its almost invariable result, a contrariety of advice. It was at length concluded that, as Admiral Torres had now sailed for the Havannah, and thus closed the opportunity for its attack, the fleet should take in wood and water at Hispaniola, and make for the continent of New Spain. On the 4th of March the fleet came to anchor in Playa Grande, to the windward of Carthagena.In January of 1745 died Charles VII., King of Bavaria and Emperor of Germany. His life had been rendered miserable, and his kingdom made the prey of war, by his unpatriotic mania of supporting the French in their attacks on Germany. His son and successor showed himself a wiser and a better man. He at once renounced all claims to the Austrian succession, and to the Imperial crown. He agreed to vote for the Prince of Tuscany, Maria Theresa's husband, at the next Diet, and never to support the French or the Prussian arms. On these terms a treaty was concluded between Austria and Bavaria at Füssen, and Austria therefore restored to him his rightful inheritance of Bavaria.A great portion of the present Session was[143] occupied with discussing the return to cash payments, which, by the Act of Parliament, ought to take place on the 5th of July of this year. It appears that no less than fifty debates and conversations in both Houses took place on this important subject during the Session. Very soon after the meeting of Parliament a secret committee of each House was appointed to inquire into the state of the Bank. These committees were, however, so managed, by delivering to the members lists of suitable persons for such committees, that scarcely any but Ministerial men were voted, though these votes were given by ballot. In the Commons this result was so evident that the Opposition declined to vote at all. The first reports of the committees went rather to close more strictly than to open the issue of gold by the Bank. It had been paying in gold its notes issued previous to January, 1817. This payment it was proposed to stop, as, at present, evidently injurious to the interests of the country. Mr. Peel, on moving for a Bill for this purpose, stated that the gold at the present price was fast finding its way abroad, and was as rapidly absorbed in re-minting a gold coinage for France. It appeared that during the first half of 1818 gold to the value of no less than one hundred and twenty-eight million francs had been coined at the French mint, of which three-fourths were derived from the gold coinage of England. A Bill was accordingly passed to stop payment altogether in gold till the necessary preparations were made by a fresh Bill. Still, the condition of the Bank was represented as flourishing. Its liabilities were stated in January, 1819, as amounting to thirty-three million eight hundred and ninety-four thousand five hundred and eighty pounds; its assets, including the debt due from Government, fifty-three million seven hundred and eighty-three thousand seven hundred pounds. The total Bank surplus appeared to be nineteen million eight hundred and eighty-nine thousand one hundred and twenty pounds; and its surplus, independent of the Government debt, and therefore available for current use, was five million two hundred and two thousand three hundred and twenty pounds. The committees adopted the scheme broached by Mr. Ricardo in his "Proposals for an Economical and Secure Currency," published in 1816. This was that the Bank, in the first instance, should not pay for its notes in gold coin, but in ingots of a certain weight, its fineness being attested by a stamp; and this degree of purity should be regulated from time to time till the gold descended to the Mint price of three pounds seventeen shillings and tenpence-halfpenny per ounce. When the Mint gold at length reached this rate of value, then the payment in coin was to be begun. Resolutions to this effect were moved by the Earl of Harrowby on the 21st of May, and they received the approval, not only of the Ministerial side, but of the leading Opposition members, Lords Grenville, Lansdowne, and King."Royal Highness,A victim to the factions which distract my country, and to the enmity of the greatest Powers of Europe, I have terminated my political career, and I come, like Themistocles, to throw myself on the hospitality of the British people. I put myself under the protection of their laws, which I claim from your Royal Highness, as the most powerful, the most constant, and the most generous of my enemies.[511]
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