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Among the resources of Great Britain to which she is mainly indebted for her pre-eminence as a manufacturing nation, and without which she would not have been able to make anything like the progress she has made, or to bid defiance to foreign competition as she may always do, are her mines of coal and iron. The total produce of all the British ironworks was found, after a careful estimate, to be, in 1823, 442,066 tons; in 1825, 581,367 tons; in 1828, 653,417, and in 1830, 702,584 tons. In 1844 the quantity reached 1,500,000 tons. The quantity of tin produced in England in 1820 was 3,578 tons; in 1834 it was 4,000 tons. In addition to the quantities used at home, there was a considerable exportation of tin plates, the value of which in 1820 was about 161,000, and in 1840 it was more than 360,000. The produce of the copper mines in Cornwall was much greater than that of the tin mines; for while in 1820 it was only 7,364 tons, it had increased in 1840 to 11,000 tons. The increase during 60 years had been threefold, and the value annually raised exceeded 1,000,000 sterling. In the year 1820 the quantity of coals shipped from the port of Newcastle was more than 2,000,000 tons. In the year 1840 it had increased to nearly 3,000,000. From the port of Sunderland the quantity shipped in 1820 was considerably more than 1,000,000. In 1840 it was 1,300,000 tons. Large quantities were also shipped from the port of Stockton. The chief coal districts have naturally become the chief manufacturing districts; and as the coal is on the spot, it is impossible to estimate the quantities consumed in working the factories in Lancashire, the West Riding of Yorkshire, Nottingham, Derby, Birmingham, Wolverhampton, Leicester, Coventry, and Staffordshire. The town of Sheffield alone, it was estimated in 1835, required for manufacturing purposes about 515,000 tons of coals. Dr. Buckland, in his address to the Geological Society, in 1840, stated that "the average value of the annual produce of the mines of the British islands amounts to the enormous sum of 20,000,000, of which about 8,000,000 arises from iron, and 9,000,000 from coals."THE MINT, LONDON.このページの先頭です
ONE:(From the Picture by Franz Defregger.)The news, when it reached England, produced a transport of exultation. Bells were rung, cannon fired, and great rejoicings made, anticipatory of fresh tidings of wonderful success. But very different was the reality. Wentworth called on Vernon to bombard Carthagena from the harbour, whilst he assailed it on land; but Vernon replied that he could not get near enough to attack the town effectually, and that Wentworth must attempt the reduction of the Fort San Lazaro, which commanded the town, and might be taken by escalade. This was[76] attempted, and while our men were thus standing under a murderous fire, they discovered, to their consternation, that their scaling ladders were too short. But the escalade was persisted in: they remained splicing their ladders, and a detachment of Grenadiers, under Colonel Grant, reached the top of a rampart; but Grant was instantly killed, and the Grenadiers hurled back over the wall. Still, the bull-dog spirit of the English made them persist in this desperate attempt, till six hundredthat is, half of them, lay dead, when they drew off.
ONE:In the course of this commercial madness the imports greatly exceeded the exports, and there was consequently a rapid drain of specie from the country. The drain of bullion from the Bank of England was immense. In August, 1823, it had 12,658,240, which in August, 1825, was reduced to 3,634,320, and before the end of the year it ran as low as 1,027,000. Between July, 1824, and August, 1825, twelve millions of cash were exported from Great Britain, chiefly to South America. During the Revolutionary war, which had lasted for fourteen years, the capital of the country had been completely exhausted, while all productive labour had been abandoned. The unworked mines were filled with water. They were accessible, it is true, to English speculators, but they were worked exclusively with English capital. The South American mining companies were so many conduits through which a rapid stream of gold flowed from Great Britain. The catastrophe that followed took the commercial world by surprise; even the Chancellor of the Exchequer failed to anticipate the disaster. On the contrary, his Budget of 1825 was based upon the most sanguine expectations for the future, and on the assurance that the public prosperity was the very reverse of what was ephemeral and peculiar, and that it arose from something inherent in the nation. Even at the prorogation of Parliament in July, the Royal Speech referred to the "great and growing" prosperity on which his Majesty had the happiness of congratulating the country at the beginning of the Session. The commercial crisis, however, with widespread ruin in its train, was fast coming upon Britain. Vast importations, intended to meet an undiminished demand at high prices, glutted all the markets, and caused prices to fall rapidly. Merchants sought accommodation from their bankers to meet pressing liabilities, that they might be enabled to hold over their goods till prices rallied. This accommodation the bankers were unable to afford, and sales were therefore effected at a ruinous loss. The South American mines, it was found, could not be worked at a profit, and they made no return for the twenty million pounds of British money which they had swallowed up. The effect was a sudden contraction of the currency, and a general stoppage of banking accommodation. The country banks, whose issues had risen to 14,000,000, were run upon till their specie was exhausted, and many of them were obliged to stop payment. The Plymouth Bank was the first to fail, and in the next three weeks seventy banks followed in rapid succession. The London houses were besieged from morning to night by clamorous crowds, all demanding gold for their notes. Consternation spread through all classes. There was a universal pressure of creditors upon debtors, the banks that survived being themselves upon the edge of the precipice; and the Bank of England itself, pushed to the last extremity, peremptorily refused accommodation even to their best customers. Persons worth one hundred thousand pounds could not command one hundred pounds; money seemed to have taken to itself wings and fled away, reducing a state of society in the highest degree artificial almost to the condition of primitive barbarism, which led Mr. Huskisson to exclaim, "We were within twenty-four hours of barter."
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TWO:At length Argyll, whose movements had been hastened by the arrival of General Cadogan, prepared to march northwards through deep snow and villages burnt by the Pretender's order. On the 30th of January the rebel army retreated from Perth, the Highland soldiers, some in sullen silence, others in loud curses, expressing their anger and mortification at this proceeding. The inhabitants looked on in terror, and bade adieu to the troops in tears, expecting only a heavy visitation for having so long harboured them. Early the next morning they crossed the deep and rapid Tay, now, however, a sheet of solid ice, and directed their march along the Carse of Gowrie towards Dundee.
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THREE:Lord Melbourne on announcing the completion of his arrangements made a general statement of his policy. In forming his Cabinet he had had to contend with difficulties "peculiarly great and arduous, and some of them of a severe and mortifying nature." He had no change of policy to declare. "His Government would be based upon the principles of a safe, prudent, and truly efficient reformprinciples the tendency of which was not to subvert or endanger, but, on the contrary, to improve, strengthen, and establish the institutions of the country; and in regard to ecclesiastical government, every measure contemplated in reference to that subject would have for its end the increase of true piety and religion through the whole of his Majesty's dominions." From the disposition and character popularly ascribed to Lord Melbourne, it could not be expected that he should prove an energetic Reformer. The Earl of Derby mentions a saying of his which often escaped him as a member of Lord Grey's Cabinet. When they had to encounter a difficulty, he would say, "Can't you let it alone?" This accords with the portrait of him presented by Sydney Smith, in his second letter to Archdeacon Singleton.Charles was anxious to follow up his victory by marching directly into England, trusting to the effect of this signal triumph to bring all inclined to the Stuart dynasty to his standard. He was confident that if he met with anything like success on the way, a rapid march would put London in his possession. And, in truth, such was the miserably misgoverned condition of the country at the time, that, had he come with a tolerable French army, nothing could have prevented him from becoming master of the kingdom. Never was England so thoroughly exposed to foreign danger, so utterly unarmed and unprotected,[98] whilst it had been sending such armaments to the Continent. Fortunately, the French had not supported the Pretender on this occasion, as they had promised, and fortunately, too, when Charles came to review the army with which he proposed to enter England, there remained of it only one thousand four hundred men. The rest had gone home with their booty; nay, some had gone and were returning, not to fight, but to carry off more which they had concealed. THREE:Meanwhile the changes made in the Government offices betrayed the rising influence of Bolingbroke. The Duke of Shrewsbury was made Lord Lieutenant of Ireland; the Duke of Ormonde, a noted Jacobite, was appointed Warden of the Cinque Ports and Governor of Dover Castle, as if for the avowed purpose of facilitating the landing of the Pretender; Lord Lansdowne was made Treasurer of the Household; Lord Dartmouth, Privy Seal; Mr. Bromley, the Tory leader of the Commons, joint secretary with Bolingbroke; Benson, Chancellor of the Exchequer, was created Lord Bingley, and sent as ambassador to Spain; and Sir William Wyndham, till now a friend of Bolingbroke's, succeeded Benson as Chancellor. Thus Bolingbroke was surrounded by his friends in office, and became more daring in his rivalry with Oxford, and in his schemes to supplant the[13] House of Hanover and introduce the Pretender to the British throne. THREE:Paine, in his "Rights of Man," was far from restricting himself to the courtesies of life in attacking Burke. He had been most hospitably received by Burke on many occasions at his house, and had corresponded with him, and must therefore have seen sufficient of him to know that, though he might become extremely enthusiastic in his championship of certain views, he could never become mean or dishonest. Yet Paine did not hesitate to attribute to him the basest and most sordid motives. He branded him as the vilest and most venal of apostates. Paine had, in fact, become a monomaniac in Republicanism. He had been engaged to the last in the American Revolution, and was now living in Paris, and constantly attending the Jacobin club. He was hand-in-hand with the most rabid of the Republicans, and was fast imbibing their anti-Christian tenets. Paine fully believed that the French were inaugurating something much finer than any millennium; that they were going to establish the most delightful liberty, equality, and fraternity, not simply throughout France but throughout the world. Before the doctrines of the French clubbists and journalists, all superstition, all despotism, all unkindness were to vanish from amongst mankind, and a paradisiacal age of love and felicity was to commence. To those who pointed to the blood and fury already too prominently conspicuous in this business, he replied that these were but the dregs of corrupt humanity, which were working off in the great fermentation, and all would become clear and harmonious.
TWO:O'CONNELL AT THE MEETING AT TRIM. (See p. 526.)An unhappy difference in principle of the most fundamental character occurred between Kossuth and G?rgei at this time, which brought ruin on the Hungarian cause, now on the verge of complete success. Kossuth was for complete independence; his rival for the maintenance of the Hapsburg monarchy. Kossuth, however, had taken his course before consulting G?rgeia fact that embittered the spirit of the latter. The Hungarian Assembly, at his suggestion, had voted the independence of Hungary (April 19, 1849), with the deposition and banishment for ever of the House of Hapsburg Lorraine. After this declaration the Hungarian forces increased rapidly. The highest hopes still pervaded the nation. They gained several advantages over the enemy, having now in the field 150,000 men. Field-Marshal Welden, the Austrian Commander-in-Chief, dispirited and broken down in health, resigned the command, and was succeeded by the infamous Haynauthe "woman-flogger." But the fate of Hungary was decided by Russian intervention actuated by the fear of the Czar lest the movement should spread to Poland. Hungary would have successfully defended itself against Austria; but when the latter's beaten armies were aided by 120,000 Muscovites under Paskievitch, their most famous general, coming fresh into the field, success was no longer possible, and the cause was utterly hopeless. On the 31st of July, 1849, Luders, having effected a junction with Puchner, attacked Bem, and completely defeated him. On the 13th of August G?rgei was surrounded at Vilagos, and surrendered to the Russian general Rudiger. The war was over with the capitulation of Comorn.

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This Act, however, merely gave Bolingbroke the right to come back and live in security in England. His ambition could only be satisfied by the restoration of his estates and honours. Unfortunately for him, when he arrived in England, the king had sailed for Hanover, attended by Townshend and Carteret, and his great patroness, the Duchess of Kendal. He waited, therefore, on Walpole, who promptly rejected his offers. Mortified at this repulse, Bolingbroke returned to Paris, where a field of action had opened in which he was well calculated to figure.Spain and Portugal are so bound together by natural sympathy that they generally share the same vicissitudes. Bad feeling had arisen between the national party and the Government in consequence of the appointment of Prince Ferdinand, the husband of the queen, to be commander-in-chief of the army. Other causes increased the popular discontent, which was at its height when the public was electrified by the news of the Spanish Revolution. The Ministers were obliged to make concessions; but, besides being inadequate, they were too late. The steamboat from Oporto was loaded with opposition members, who were received with the most enthusiastic demonstrations of welcome. On the 9th of September the clubs had everything arranged for a revolution, and a mixed array of troops of the line, ca?adors, and National Guards, proclaimed the Constitution adopted by John VI.; and, having sung a constitutional hymn, they appointed a deputation, headed by Viscount Sa Bandiera, to wait upon Queen Donna Maria. She had first contemplated resistance, but the army would not act against the people. The National Guards were in possession of the city, having occupied the Rocio Square in Lisbon all night, and in the morning they were informed that the queen had yielded to their wishes, appointing a new Ministry, with Bandiera at its head. Some of the most obnoxious of the ex-Ministers took refuge from popular vengeance on board the ships of the British squadron lying in the Tagus. Most of the peers protested against the Revolution; but it was an accomplished fact, and they were obliged to acquiesce.[257]
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