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Before this, however, the financial statement for the year had been made, and for awhile the Corn Law question was suspended for the country to recover from its astonishment at finding in the Minister of the Conservative party one of the boldest reformers of our tariff who had ever occupied the Ministerial benches. But yesterday his position had appeared one of the greatest difficulty, in which a cautious hold upon the established sources of revenue, with some well-balanced proposals for additional taxes, was all that could be expected. He had not the good fortune of Mr. Goulburn or Lord Althorp in having a surplus to dispose of. The Whig Government had bequeathed to their successors a deficit, which had been increasing from year to year, with a revenue falling off even in the face of new taxes. How[488] was the deficit to be met was the question which filled the mouths of public men; a question which was answered by the famous financial statement of Sir Robert Peel on the 11th of March. After showing that the deficiency for the coming year would be little short of 2,500,000, and that this deficiency might be expected to be considerably augmented by the position of affairs in India and China, the Minister declared that he would not consent to resort to the miserable expedient of continual loans. He declared that he would not attempt to impose burdens upon the labouring classes, and that if he did, recent experience had shown that they would be defeated. In fact, the country had arrived at the limits of taxation upon articles of consumption. After ridiculing the various suggestions of people who were constantly sending him projects for taxes on pianofortes, umbrellas, and other articles, accompanied with claims of very large percentages upon the proceeds, he acknowledged the principle laid down by financiers that increased revenue may be obtained by taking off the taxes which pressed upon industry, but declared that the first effect was always a diminution in revenue, and that time was found necessary to restore the amount. In these circumstances, he stated what the measure was which, under a deep conviction of its necessity, he was prepared to propose, and which, he was persuaded, would benefit the country, not only in her pecuniary interests, but in her security and character. His scheme was this: he proposed, for a period to be limited, an income tax of not more than 3 per cent., from which he would exempt all incomes under 150, and in which he would include not only landed but funded property. Sir Robert Peel calculated that the tax would yield 3,350,000 a year, a sum which, with an addition to the spirit duties in Ireland, and an export duty of 4s. on coals, would not only cover the existing deficiency, but enable him to remit indirect taxes to the amount of 1,200,000. The sliding scale had brought little credit to the Minister, and the income tax was in its nature an unpopular measure; but the proposal to reduce the custom duties on 750 out of the 1,200 articles in the tariffto remove prohibitions altogether (in itself a vast concession to Free Trade doctrines)to reduce the duties on raw materials of manufactures to five per cent. or lessto keep the duties on articles partially manufactured under twelve per cent., and on articles wholly manufactured under twenty per cent., was a scheme which excited general admiration. The measure was, indeed, contested by the Whig Opposition at every stage. The preliminary resolutions were debated for eight nights. There were many of Sir Robert Peel's old supporters who looked on the financial plan with distrust, as being founded, in a great measure, avowedly on those principles of political economy which they had been accustomed to sneer at; but, in truth, it was not unfavourable to the interests of their party. We have already seen that the new taxat least, if a temporary onewas calculated to impose a far greater burden upon the manufacturing and moneyed class than upon the landowners; in fact, by exempting incomes under 150 a year, and assessing land only upon its net rental, the burden was imposed almost entirely upon that middle class which was the especial object of the dislike of Tories of the more advanced kind. At the same time, by cheapening articles of general consumption, the Minister did something towards securing popularity among the working classes, who, as exemplified in the Chartist agitation, were not always disposed to take part against the landowners. The Income Tax Bill passed, after considerable opposition in the Commons. An amendment proposed by Lord John Russell was rejected by a vote of 302 to 202, and another amendment, proposing the reading of the Bill on that day six months, having been thrown out on the 18th of April by a vote of 285 to 188, the third reading was carried by a majority of 130 on the 30th of May. No debate took place in the Lords until the third reading, when the Bill passed by a majority of 71.

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No sooner had the insurrection of Aranjuez taken place, and Ferdinand been proclaimed king, than, so early as April the 8th, General Casta?os informed Sir Hew Dalrymple, the governor of Gibraltar, that there was an end of the policy of Godoy, which had made Spain the slave of France and the foe of Britain. Sir Hew sent a prompt dispatch to England with the news, and, till he could receive instructions from the British Government, he maintained friendly relations with the Spaniards. When the junta of Seville was formed, and there was every reason to believe that Spain would make a determined resistance, on his own responsibility he encouraged the merchants of Gibraltar to make a loan of forty thousand dollars to the junta without premium; and Captain Whittingham, an officer well acquainted with Spain, went to Seville to assist in planning the best means of preventing the French from passing the Sierra Morena. On the 8th of June Sir Hew received a dispatch from Lord Castlereagh, informing him that the British Government had determined to send ten thousand men immediately to the assistance of the Spanish patriots. But this was preceded four days by a proclamation which had outstripped Lord Castlereagh's dispatch, stating that his Majesty had ordered all hostilities towards Spain to cease, and all Spanish ships at sea to be unmolested. Admiral Collingwood took the command of the whole British fleet on the coast of Spain, ready to co-operate. He landed Mr. Cox to proceed to Seville as confidential agent, and about the middle of June General Spencer arrived at Cadiz with five thousand British soldiers. About the same time, the junta of Seville declared themselves at peace with Great Britain, and sent four commissioners to England to settle diplomatic relations between the countries.Gustavus Adolphus IV. of Swedenwith all the military ardour of Charles XII., but without his military talent; with all the chivalry of an ancient knight, but at the head of a kingdom diminished and impoverishedhad resisted Buonaparte as proudly as if he were monarch of a nation of the first magnitude. He refused to fawn on Napoleon; he did not hesitate to denounce him as the curse of all Europe. He was the only king in Europe, except that of Great Britain, who withstood the marauder. He was at peace with Great Britain, but Alexander of Russia, who had for his own purposes made an alliance with Napoleon, called on him to shut out the British vessels from the Baltic. Gustavus indignantly refused, though he was at the same time threatened with invasion by France, whose troops, under Bernadotte, already occupied Denmark. At once he found Finland invaded by sixty thousand Russians, without any previous declaration of war. Finland was lost, and Alexander saw his treachery rewarded with the possession of a country larger than Great Britain, and with the whole eastern coast of the Baltic, from Tornea to Memel; the ?land Isles were also conquered and appropriated at this time. The unfortunate Gustavus, whose high honour and integrity of principle stood in noble contrast to those of most of the crowned heads of Europe, was not only deposed for his misfortunes, but his line deprived of the crown for ever. This took place in March, 1809. The unfortunate monarch was long confined in the castle of Gripsholm, where he was said to have been visited by the apparition of King Eric XIV. He was then permitted to retire into Germany, where, disdainfully refusing a pension, he divorced his wife, the sister of the Empress of Russia, assumed the name of Colonel Gustavson, and went, in proud poverty, to live in Switzerland. These events led to the last of Sweden's great transactions on the field of Europe, and by far the most extraordinary of all.このページの先頭です
ONE:But Hastings had scarcely terminated these proceedings, when the new members of Council, appointed under the Regulating Act, arrived. On the 19th of October, 1774, landed the three Councillors, Clavering, Monson, and Francis; Barwell had been some time in India. The presence of the three just arrived was eminently unwelcome to Hastings. He knew that they came with no friendly disposition towards him, and that Philip Francis, in particular, was most hostile. The letter of the Court of Directors recommended unanimity of counsels, but nothing was further from the views of the new members from Europe. As they were three, and Hastings and Barwell only two, they constituted a majority, and from the first moment commenced to undo almost everything that he had done, and carried their object. They denounced, and certainly with justice, the Rohilla war; they demanded that the whole correspondence of Middleton, the agent sent to the court of Oude by Hastings, should be laid before them. Hastings refused to produce much of it, as entirely of a private and personal nature; and they asserted that this was because these letters would not bear the light, and that the whole of Hastings' connection with Sujah Dowlah was the result of mercenary motives. In this they did the Governor-General injustice, for, though he drew money sternly and by every means from the India chiefs and people, it was rather for the Company than for himself. They ordered the recall of Middleton from Oude, deaf to the protests of Hastings that this was stamping his conduct with public odium, and weakening the hands of government in the eyes of the natives. Still, Middleton was recalled, and Mr. Bristow sent in his place. Hastings wrote home in the utmost alarm both to the Directors and to Lord North, prognosticating the greatest confusion and calamity from this state of anarchy; and Sujah Dowlah, regarding the proceedings of the new members of Council as directed against himself, and seeing in astonishment the authority of Hastings apparently at an end, was so greatly terrified that he sickened and died.
ONE:In the army the cocked-hat and pigtail at first prevailed, but these were soon dismissed, as well as the great jack-boots of the cavalry. With the employment of the Hessian soldiers in the American war, and afterwards on the Continent, there prevailed amongst English gentlemen the Hessian boot; instead of the queue, cropped hair and close-fitting small hats became the vogue. Powdering became profuse, both amongst ladies and gentlemen, till Pitt taxed it, when it vanished, except from the heads of particularly positive old gentlemen and servants.
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THREE:But the Czarina, though mistress of Oczakoff, was far from the end of her designs. She contemplated nothing but the subjugation of the Turkish empire. For this purpose she determined to excite insurrection in all the tributary states of that empire. Her agents had excited the Montenegrins to an outbreak; they had prepared the Greeks for the same experiment, and the Mameluke Beys in Egypt. She determined to send a powerful fleet into the Mediterranean to co-operate with these insurgents, to seize on the island of Crete, to ravage the coasts of Thrace and Asia Minor, and to force the passage of the Dardanelles, or, if that were not practicable, to blockade them. Thus opening the communication between her forces in the Mediterranean and in the Black Sea, she considered that Turkey would lie helpless at her feet. To give the necessary ascendency to her fleet, she had long been encouraging English naval officers to take commands in it. At the famous battle of Chesm, it was the British Admirals Elphinstone, Greig, and others who had made Potemkin victorious. Greig was now at the head of the fleet that was being prepared at Cronstadt for this Mediterranean enterprise. She had also managed to engage eighteen British ships to serve as transports of troops, artillery, and stores. THREE: THREE:[See larger version]
TWO:[See larger version]The year 1732 was distinguished by little of importance. The Opposition, led on by Pulteney, attacked the Treaty of Vienna, concluded on March 16th, 1731, by which the Pragmatic Sanction had been approved of, and which, they contended, might lead us into a Continental war some day, or into a breach of the public faith, of which, they asserted, this Ministry had perpetrated too many already. They assailed the standing army, but were answered that there was yet a Pretender, and many men capable of plotting and caballing against the Crown. The King was so incensed at Pulteney for his strictures on the army, that he struck his name out of the list of Privy Councillors, and ordered that all commissions of the peace which he held in different counties should be revoked. Amongst the staunchest supporters of the Government was Lord Hervey, a young man of ability who is now best remembered because, having offended Pope, he was, according to custom, pilloried by the contentious poet, as Sporus in the Epistle to Dr. Arbuthnot. Pope nicknamed him Lord Fanny, in derision of his dainty and effeminate manners. Hervey contended that the writers who attacked Government ought to be put down by force, and in his own person he attempted to put this in practice; for Pulteney being suspected by him of having written a scarifying article on him in The Craftsman, he challenged him, and both combatants were wounded. Plumer very justly contended that scribblers ought to be left to other scribblers.
TWO:On the 23rd of October Napoleon reached Erfurt, whose fortifications afforded him the means of two days' delay, to collect his scattered forces. As they came straggling in, in a most wretched condition, and without arms, his patience forsook him, and he exclaimed, "They are a set of scoundrels, who are going to the devil! I shall lose[72] eighty thousand before I get to the Rhine!" In fact, he had only eighty thousand men left, besides another eighty thousand in the garrisons in the north of Germanythus also lost to him. Of his two hundred and eighty thousand men, had utterly perished one hundred and twenty thousand. He sent orders to those in the garrisons to form a junction in the valley of the Elbe, and so fight their way home; but this was not practicable; and in a few months they all surrendered, on conditions. He here dismissed such of the Saxons and Baden troops as remained with him, and offered the same freedom to the Poles; but these brave menwith a generosity to which the betrayer of their country had no claimrefused to disband till they had seen him safe over the Rhine. Murat, with less fidelity, took his leave again, on the plea of raising troops on the frontiers of France to facilitate Napoleon's retreat, but in reality to get away to Naples and make terms for himself.On the death of Stanhope, Sir Robert Walpole was left without a rival, and he received his commission of First Lord of the Treasury on the 2nd of April, and from this period down to 1742 he continued to direct the government of Great Britain. His chief anxiety now was to restore the public credit. He drew up, as Chairman of the Committee of the Commons, a report of all that had been lost in the late excitements, and of the measures that had been adopted to remedy the costs incurred. Amongst these were the resolutions of the House respecting the seven and a half millions the directors of the South Sea Company had agreed to pay to Government; more than five had been remitted, and we may add that on the clamorous complaints of the Company the remainder was afterwards remitted too. The forfeited estates had been made to clear off a large amount of encumbrance, the credit of the Company's bonds had been maintained, and thirty-three per cent. of the capital paid to the proprietors. Such were the[49] measures adopted by the Commons, and these being stated in the report to the king, a Bill was brought in embodying them all. Many of the proprietors, however, were not satisfied. They were very willing to forget their own folly and greediness, and charge the blame on the Government. On the second reading of Walpole's Bill they thronged the lobby of the House of Commons. The next day the Bill was carried, and gradually produced quiet; but Walpole himself did not escape without severe animadversions. He was accused of having framed his measures in collusion with the Bank, and with a clear eye to his own interest; but he had been strenuously vindicated from the charge, and on the whole the vigour and boldness with which he encountered the storm and quelled it deserve the highest praise, and may well cover a certain amount of self-interest, from which few Ministers are free.

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These certainly were large concessions, but it was to be remembered that we had not received them for nothing; they had cost vast sums, and the national debt had been doubled by this war, and now amounted to one hundred and twenty-two million six hundred thousand pounds. These territories had, in fact, cost us upwards of sixty million pounds; and it is certain that Pitt would have exacted a more complete renunciation from France of the conquered countries. There was a clause inserted which Pitt would never have permittednamely, that any conquests that should be made after the signing of these articles, should be restored by all parties. Now, Bute and the Ministry knew that we had expeditions out against Cuba and the Philippines, and that the only conquests likely to be made were in those quarters. To throw away without equivalent the blood and money expended in these important enterprises was a most unpatriotic act. Still, there was opportunity for more rational terms, for Grimaldi, the Spanish ambassador at Paris, held back from signing, in hope that we should be defeated at Havana, and that then he could raise his terms. When the news of the loss of both Havana and Manila arrived, Grimaldi was in great haste to sign, and Mr. Grenville and Lord Egremont very properly insisted that we should demand an equivalent for the conquest in Cuba. Pitt would have stood firm for the retention of that conquest as by far the most important, and as justly secured to us by the refusal of the Spanish ambassador to sign at the proper time. But Bute would have signed without any equivalent at all. Fortunately, there was too strong an opposition to this in the Cabinet, and the Duke of Bedford was instructed to demand Florida or Porto Rico in lieu of Havana. Florida was yieldeda fatal, though at the moment it appeared a valuable concession, for it only added to the compactness of the American colonies, hastening the day of independence, whilst Cuba would have remained under the protection of the fleet, one of the most valuable possessions of the British empire.In the midst of these cabals died the Regent, and Townshend, acting with Walpole, sent over Walpole's brother Horace to watch their interests at Paris. Carteret, on the other hand, ordered Sir Luke Schaub to make every exertion for the grant of the dukedom. On the arrival of Horace Walpole, Bolingbroke, obeying the impulses of the courtier and not of the man, immediately waited on him, and placed all his influence at the French Court at his service; but Walpole, who had an invincible repugnance to Bolingbroke, whilst he availed himself of the advantages offered by Bolingbroke, still kept him at a great and stately distance. Undeterred by this conduct, however, Bolingbroke swallowed his mortification, and continued to keep his eye and his hope on the Walpole Ministry. Unassisted by Bolingbroke, the dukedom could not be obtained; but George reconciled Madame Platen to the match by giving her daughter a portion of ten thousand pounds. Horace Walpole, at the same time, succeeded in getting Schaub recalled, and himself installed in his office of Ambassador at Parisa decided victory over Carteret; indeed, so decided, that Carteret was removed from the Secretaryship to the Lord-Lieutenancy of Ireland.
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