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THREE:[See larger version]Prussia, it might be supposed, would escape the invasion of Revolutionary principles in 1848. Great hopes had been excited on the accession of Frederick William IV. to his father's throne. Yet it was evident to close observers of the signs of the times that a spirit of sullen discontent was brooding over the population. There was a feeling that their amiable and accomplished Sovereign had disappointed them. He proved to be excessively sensitive to the slightest infringement of his prerogative, and he abhorred the idea of representative bodies, who might oppose constitutional barriers to his own absolute will. Hence, there grew up sensibly a mutual feeling of distrust between him and the people, and the natural effect on his part was a change from the leniency and liberality of his earlier years to a more austere temper, while a tedious, inactive, and undecided course of policy wore out the patience of those who expected a more constitutional system. Consequently, although the administration of the country was free from any taint of corruption, and was, on the whole, moderate and just, the revolutionary earthquake of 1848 shook the kingdom of Prussia to its very foundations.

THREE:At the opening of 1841 the country might be said to be free from all excitement on the subject of politics. There was no great question at issue, no struggle between rival parties seemed impending. Many of the principal topics which in former years had agitated the public mind had been settled or laid to rest. The Chartist riots seemed to have abated the desire of the leading Reformers to extend the suffrage to the working classes. Still the Government was lamentably weak, and only existed on sufferance. Nor did the conduct of affairs in the House of Commons tend to strengthen their position. The reintroduction by Lord Stanley of his Bill to regulate the registration of voters in Ireland led to much angry discussion with damaging results to the Government, who had already suffered grievous defeats in attempting to arrest the progress of the measure during the previous Session. Two days later Lord Morpeth brought in a Government Bill for the same object. The main features of the plan were to abolish certificates; to make the register conclusive of the right to vote, except where disqualification afterwards appeared; to establish an annual revision of the registers, and to give a right of appeal equally to the claimant and the objector. The main point of difference between this and Lord Stanley's Bill consisted in the tribunal to which the appeal was to be made. The Government proposed for this purpose the creation of a new court, consisting of three barristers of a certain standing. An additional feature of the Government Bill was a proposal to settle the question of the basis of the franchise by fixing upon the Poor Law valuation as the standard; and the Bill proposed to enact that every occupier of a tenement under a holding of not less than fourteen years, of the annual value of ��5, should have the right of voting previously enjoyed by persons who had a beneficial interest of ��10. The Conservatives complained of the unfairness of thus introducing by surprise a fundamental alteration in the elective franchise of Ireland, founded upon principles unknown both in England and Scotland. It was represented as a new Reform Bill for Ireland, tacked on as a postscript to a Bill for amending the registration. The ��5 franchise, it was argued, would in effect be little short of the introduction of universal suffrage. The House divided on the respective merits of the rival Bills, when the Government measure was carried by a majority of five. The result was hailed with cheers from both sides of the House, the Opposition regarding the victory as little better than a defeat. Lord John Russell at first announced that he would proceed immediately with the measure, but he afterwards moved its postponement till the 23rd of April. During the interval Lord Morpeth announced the conversion of the Ministry to the principle of an ��8 rating. When the question was introduced again, on the 26th of April, it gave rise to a party debate. While the House was in committee on Lord Morpeth's Bill, Lord Howick proposed an amendment to the effect that the tenant, in order to entitle him to the franchise, should have a beneficial interest in his holding of ��5 a year over and above the rent. Lord Morpeth proposed as a qualification for the franchise a lease of fourteen years, and a low rating of ��8. Lord Howick proposed that the yearly tenant should be entitled to vote as well as the leaseholder if he had an annual interest of ��5 in it; but Lord Morpeth contended, and showed from statistics, that this principle would disfranchise more than three-fourths of the ��10 tenant voters in several of the counties. In short, it would have the effect of almost entirely disfranchising the existing occupying constituency of Ireland. On a division, Lord Howick's amendment was carried by 291 to 270. Finally the Bill was reduced to such a jumble of[477] contradictory amendments that it was impossible to proceed with it. Thus ended the great struggle of the Session. Much time had been wasted in party debates and fruitless discussions, and the proposal to give the Irish people the benefit of the Reform Act by putting its perishing constituencies on a proper basis, simple as it may seem, utterly failed. Lord Stanley also abandoned his measure, and there the matter ended. The whole of the proceedings plainly indicated that the doom of Lord Melbourne's feeble Cabinet was at hand.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 thing��the 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.