THREE:The unnatural state of things induced by the war had now brought about a great change in our currency. As we could manage to get in our goods to the Continent by one opening or another, but could not get the produce of the Continent in return, it would have appeared that we must be paid in cash, and that the balance of specie must be in our favour; but this was not the case. By our enormous payments to our troops in Spain, Portugal, and Sicily, as well as in the East and West Indies, and by our heavy subsidies, gold had flowed out of the country so steadily that there appeared very little left in it, and bank paper had taken its place. On the Continent, impoverished as they were, the people tenaciously clung to their gold, and Buonaparte alone could draw it from them in taxes. He always took a heavy military chest with him on his expeditions, and his officers also carried the money necessary for themselves in their belts, or otherwise about their immediate persons. The gold being enormously diminished in quantity in England, was carefully hoarded on all hands, thus again increasing the scarcity, and raising the value of it. The price of bullion had risen from twenty to thirty per cent., and here was a further strong temptation to hoard or send guineas to the melting-pot. This state of things led a certain class of political economists to call for a repeal of the Act for suspension of cash payments, and Francis Horner obtained a committee of inquiry into the causes of the decrease of gold and the increase of paper: and this committee came to the conclusion that the true cause of the evil lay in the excess of paper, and that the way to restrain it would be to allow the demand for gold at the Bank. But the truth was that the cause of the evil was not the excess of paper, but the enormous diminution of gold; and to have opened a legal demand for gold which could not be had would only have produced a panic, and a complete and horrible assassination of all credit and all business. But there were clearer-sighted men in Parliament, who declared that, though bullion had risen in price, bank-notes would still procure twenty shillings' worth of goods in the market, and that they were not, therefore, really depreciated in value. That was true, but guineas had, notwithstanding, risen to a value of five- or six-and-twenty shillings, and might be sold for that. Gold had risen, but paper had not fallen; and gold could not take the place of paper, because it did not, to any great extent, exist in the country; if it had, paper must have fallen ruinously. Mr. Vansittart and his party, therefore, moved resolutions that the resumption of cash payments being already provided for six months after the conclusion of peace, was an arrangement which answered all purposes, and ought not to be disturbed; that this would keep all real excess of paper in check, and leave gold to resume its circulation when, by the natural influence of peace, it flowed again into the country. These were, accordingly, carried.
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THREE:The fire raged with unabated fury from the 14th till the 19thfive days. Then the city lay a heap of burning ashes. All the wealth which was left behind was burnt or melted down. But there could be no stay at Moscow, for all their provisions had to be brought from distant districts by water carriage in summer, and on sledges in winter. But, as the Russian population had fled, the Russians were only too glad to starve out the French. Not a single article of food came near the place. Alexander returned no answer to Buonaparte's letter. The pledge which he might have made some concessions to redeem had been destroyed by his own orders, and Buonaparte had now nothing to offer worthy of his attention. He and his army were awaiting the attack of the wintry elements to join them in the extermination of the invaders. Buonaparte dispatched General Lauriston to Alexander with fresh offers; but Alexander refused to see him, and turned him over to Kutusoff, who flattered him with hopes and professions of desire for peace, in order to put off the time, for every day nearer to winter was a[48] day gained of incalculable importance. But he said that he must send Napoleon's letter to St. Petersburg, to the Czar, and await his reply. This was on the 6th of October, and the reply could not be received before the 26th; there was nothing for it but to wait, and Lauriston waiteda fatal delay for the French!The Spanish junta sent an officer to Lisbon to consult with General Caraffa, the commander of the Spanish auxiliaries, on the best means of withdrawing the troops from that city. Caraffa, who was an Italian, did not seem to fall into the proposal; but this was of less consequence, for his men took the liberty of deserting, first in small numbers and secretly, but soon by a whole regiment at a time, and openly. Junot sent out six hundred men to stop them; but they attacked, killed, and wounded nearly half the detachment, and pursued their march. General Bellesta, who commanded the Spanish troops at Oporto, seized the French general, Quesnel, who had but a small number of men, and marched away for Corunna, carrying Quesnel and his few soldiers prisoners with him. No sooner were the Spaniards gone, however, than the cowardly governor of Oporto put down the rising and declared for the French. But the fire of revolt was flying too fast all over the kingdom for this to succeed. In a few days the people rose again, seized on the arsenal, and armed themselves. They were encouraged by the monks, who rang their bells to call the people out, and by the bishops, who blessed the banners, and offered up public prayers for the enfranchisement of the country in the cathedrals. There was a similarly successful outbreak at Braganza. From one end of the country to the other the rising was complete and enthusiastic. Deputies were dispatched to England to solicit assistance and arms. For a time Junot managed to keep down the population of Lisbon by collecting troops into it, seizing, altogether, four thousand five hundred of the Spaniards, and making them prisoners. Alarmed, however, at his position, and fearing to move any of his forces from the capital, he ordered Loison, who lay at the fortress of Almeida, on the frontiers, to march to Oporto, and suppress the revolt; but General Silviera, a Portuguese nobleman, put himself at the head of the armed population, and successfully defended Oporto. At Beja, Leiria, Evora, and other places, the French managed to put down the insurgents, but not without much bloodshed and severe military executions. But the hour of retribution was fast approaching. Spanish as well as Portuguese deputies appeared in London soliciting aid. They did not ask for men; for, in the pride of their temporary success, they imagined themselves amply able to drive out the French; but they asked for arms, clothes, and ammunition; and they prayed that an army might be sent to Portugal, which would act as a powerful diversion in their favour.
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THREE:On the 24th of June Parliament was prorogued by commission. The Royal Speech expressed thanks for the attention that had been given to the affairs of Ireland, and the settlement of the Catholic question, which the king hoped would tend to the permanent tranquillity of that country, and to draw closer the bonds of union between it and the rest of the empire. It was announced that diplomatic relations had been renewed with the Porte, for which ambassadors from England and France had taken their departure. But it was with increased regret that his Majesty again adverted to the condition of the Portuguese monarchy. He repeated his determination to use every effort to reconcile conflicting interests, and to remove the evils which pressed so heavily on a country the prosperity of which must ever be an object of his solicitude. The condition of that country was, indeed, most deplorable under the lawless despotism of Dom Miguel, who, on the abdication of his brother Dom Pedro in favour of Do?a Maria da Gloria, had been appointed regent, but had subsequently assumed the royal title, and driven his niece from the country. He overruled the decisions of the courts of justice regarding political prisoners, and inflicted the punishment of death by his own mere arbitrary order, when only transportation had been decreed by the judges. He crowded the prisons with the most distinguished supporters of constitutional government, confiscated their property, and appropriated it to his own use. Yet this monster would have been acknowledged by the Duke of Wellington. Had the Duke been free to follow the dictates of his own judgment, he would have at once resumed the diplomatic relations which had been broken off between the two states. But Britain was committed to the young queen by the policy of the preceding Administration; and the Duke, though he believed that policy to be unwise, could not break through it in a moment. It was not without difficulty, however, that Britain maintained her neutrality between the contending parties. The Portuguese refugees endeavoured, under various false pretences, to avail themselves of British hospitality, for the purpose of conveying arms and ammunition, and bodies of troops into Portugal, to restore the queen. They asserted that they were sending them to Brazil, but really conveyed them to Terceira, one of the Azores, where Do?a Maria had been proclaimed. The consequence was that 4,000 Portuguese troops, which were lying at Plymouth, were ordered to disband, and Captain Walpole, with a squadron, was sent to watch the Portuguese ships in the Atlantic, in order to avoid the imputation of violating the neutrality. His orders were to proceed to the Azores, to intercept any vessels arriving at those islands, and "should they persist, notwithstanding, in hovering about or making any attempt to effect a landing, you are then to use force to drive them away from the neighbourhood." Walpole intercepted four vessels, containing a force of 650 men under the command of the Duke of Saldanha. They declined to bring-to, whereupon he fired a shot which killed one man and wounded another. Saldanha thereupon declared that he considered himself Walpole's prisoner, and turned his vessels towards Europe. Walpole, in great perplexity, followed him, until he was within 500 miles of Scilly, when they parted company and Saldanha went to Havre. These proceedings were regarded with indignation in Great Britain, the enemies of the Government asserting that, in spite of their declarations of neutrality, they had proved themselves partisans of Dom Miguel. Debates were raised in both Houses, Lord Palmerston in the Commons making his first great speech in condemnation of the Duke's foreign policy. It is significant that Wellington should have written to Lord Aberdeen in a private letter: "In respect to Portugal you may tell Prince Polignac that we are determined that there shall be no revolutionary movement from England or any part of the world."He was advised to try Westminster, where Mr. John Churchill, the brother of his coadjutor, the satirist, and others, were in his interest, but he boldly struck for the City of London. There were seven candidates at the poll. Wilkes received one thousand two hundred and forty-seven votes, but he was still lowest on the poll. His friends, the mob, had no franchise.
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