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The town, the castle, the arms, horses, and military stores being surrendered to the prince, and the militia and invalids having marched out, a council of war was called to determine future proceedings. Some proposed to march against Wade and bring him to action, others to return to Scotland, but Charles still insisted on marching forward. Lord George Murray was the only one who at all seconded him, and he did not recommend marching far into England without more encouragement than there yet appeared; but as the prince was anxious to ascertain that point, he said he was sure his army, small as it was, would follow him. Charles expressed his conviction that his friends in Lancashire waited only for their arrival; and the Marquis D'Eguilles declaring his expectation of a speedy landing of a French army, under this assurance the council consented to the advance.

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In the same field was to be found the poet Ebenezer Elliott, the "Corn Law Rhymer." By his addresses to his fellow-townsmen of Sheffield, his remonstrances with the infatuated followers of O'Connor, who fancied that their own cause was opposed to that of the Manchester League, and by his powerful "Corn Law Rhymes," Elliott rendered services to the movement of the highest value. A good specimen of Elliott's powers of versification is afforded by the following song:[24]It was in these circumstances that Sir James Graham, on the 7th of April, brought forward a series of resolutions on our relations with China, and the Government escaped defeat by a narrow majority of ten. A vote of censure would inevitably have been passed, had not the Duke of Wellington expressed his cordial approval of the Ministerial policy. His followers were furious. "I know it," said the Duke to Charles Greville, "and I do not care one damn. I have no time to do what is not right."
TWO:Before there was any declaration of war, the King of France, on the 18th of March, issued an[255] order to seize all British ships in the ports of that kingdom; and, nine days afterwards, a similar order was issued by the British Government as to all French ships in their harbours. The first act of hostility was perpetrated by Admiral Keppel. He had been appointed first Admiral on the earliest news of the treaty of France with America; and, being now in the Channel with twenty ships of the line, he discovered two French frigates, La Licorne and La Belle Poule, reconnoitring his fleet. Not troubling himself that there had been no declaration of war, Keppel ordered some of his vessels to give chase; and, on coming up with the Licorne, a gun was fired over her, to call her to surrender; and the Frenchman struck his colours, but not before he had poured a broadside into the America, commanded by Lord Longford, and wounded four of his men. The "saucy" Arethusa, famed in song and story, in the meantime, had come up with the Belle Poule, and, after a desperate action, drove her in amongst the rocks, whilst the Arethusa herself was so disabled as to require towing back to the fleet. A schooner and a French frigate were soon afterwards taken; and, finding on board these vessels papers stating that the fleet in Brest harbour consisted of thirty-two sail of the line and ten or twelve frigates, Keppel returned to Portsmouth for reinforcements.On the 13th of September Charles James Fox died at Chiswick House, the residence of the Duke of Devonshire. He had been for a considerable time suffering from dropsy, and had got as far as Chiswick, in the hope of gathering strength enough to reach St. Anne's Hill, near Chertsey, his own house. But his days were numbered. He was only fifty-eight years of age. During his illness his colleagues and so-called friends, with that strange coldness and selfishness which always distinguished the Whigs, with very few exceptions, never went near him. Those honourable exceptions were the Duke of Devonshire, who had offered him his house, the Prince of Wales, his nephew, Lord Holland, his niece, Miss Fox, and his old friend, General Fitzpatrick. Still, Fox was not deserted by humbler and less known friends. Lords Grenville and Howick, his colleagues, rarely went near him, and all the Ministry were too busy anticipating and preparing for the changes which his decease must make. When this event took place there was a great shifting about, but only one new member of the Cabinet was admitted, Lord Holland, and only one resigned, the Earl Fitzwilliam. Lord Howick took Fox's department, that of Foreign Affairs; Lord Holland became Privy Seal; Grenville, First Lord of the Admiralty; and Tierney, President of the Board of Control. Sidmouth, afterwards so prominent in Tory Cabinets, still sat in this medley one as President of the Council, and Lord Minto[531] was gratified by the Governor-Generalship of India. As Parliament was not sitting at the time of Fox's death, Ministers ordered his interment in Westminster Abbey, and he was carried thither on the 10th of October, the twenty-sixth anniversary of his election for Westminster, and laid almost close to the monument of Chatham, and within a few inches of the grave of his old rival, Pitt.
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    FORE:
    FORE:But the subject was not so easily disposed of. Colonel Barr, in the House of Commons, only three days after Burke introduced his great motion, declared that Burke's measure did not go far enough; that Burke did not mean to interfere with the enormous pensions and overpaid places already in possession; and that he would himself introduce a motion for a Committee of Accounts, to probe all these depths of corruption, and to examine into the army extravagances, which were excessive, and to him unaccountable. Lord North, so far from opposing this motion, declared his surprise that no one had thought of introducing it before, and that he was extremely anxious himself for the reduction of all needless expenditure. The Opposition expressed their particular satisfaction; but they were rather too precipitate, for North made haste to get the business into his own hands; and, on the 2nd of March, was ready with a Bill of his own framing. The Opposition were lost in astonishment; and Barr denounced this perfidious conduct in the Minister in terms of just indignation. The whole Opposition, who found themselves outwitted, declared that the scheme, so far from being intended to relieve the country, was meant to shield existing abuses, and they accordingly resisted it to the utmost. North, however, by his standing majority of myrmidons, carried the Bill through the House; and Sir Guy Carleton, late Governor of Canada, and five others, were appointed Commissioners. Thus the whole motion was in reality shelved.In London, notwithstanding, there was considerable alarm, but rather from fear of the Papists and Jacobites at home than of any danger from abroad. Every endeavour had been used, in fact, to revive the old Popery scare. There were rumours circulated that the Papists meant to rise, cut everybody's throats, and burn the City. There was fear of a run on the Bank of England, but the merchants met at Garraway's Coffee-house, and entered into engagements to support the Bank. They also opened a subscription to raise two hundred and fifty thousand pounds to enlist troops, and many of them gave as much as two thousand pounds apiece. A camp was formed in Hyde Park of the Household Troops, horse and foot, a regiment of horse grenadiers, and some of the battalions that came over from Flanders. In the provinces many of the great nobility proposed to raise regiments at their own expense, and this act of patriotism was loudly applauded. In some instances the patriotism was real. But the main body of the Whig nobility and some others cut a very different figure. No sooner did Parliament meet on the 18th of October, and whilst the Jacobites were in the highest spirits, and opposing both the Address and the suspension of the Habeas Corpus, than the Dukes of Devonshire, Bedford, Rutland, Montague, the Lords Herbert, Halifax, Cholmondeley, Falmouth, Malton, Derby, and others, moved, contrary to their splendid promises, that their regiments should be paid by the king, and should be put upon the regular establishment. The king was as much disgusted as the most independent of his subjects, but he found himself unable to prevent the measure.
    FORE:[See larger version]
    FORE:Perhaps there is no cause from which Ireland has suffered more than from misrepresentations. Nowhere have the want of discrimination, and due allowance for the extravagant exaggerations of vehement partisans, been more pernicious. There were in the reign of George IV. no evils in Ireland which would not have yielded to the action of just and impartial government, removing real grievances, and extending to the people, in a confiding spirit, the blessings of the British Constitution, in the spirit of Lord Wellesley's administration. He had to contend, indeed, with peculiar difficulties. Ireland shared largely in the general distress of the United Kingdom, occasioned by the contraction of the currency, and the consequent low prices of agricultural produce. He found a great portion of the south in a state of licentiousness, surpassing the worst excesses of former unhappy times; he had to deal with dangerous and secret conspiracies in other parts of the country. He applied the energies of his powerful mind to master these complicated difficulties in the spirit of conciliation which had been enjoined in the king's instructions. He explored every dangerous and untried path, and he laboured diligently, by the equal administration of the laws, to promote peace and happiness among all classes of the people. He succeeded to a great extent in accomplishing the object of his administration. Mr. Plunket, the Irish Attorney-General, in his speech on unlawful societies, in the House of Commons, in February, 1825, described the country as in a state of peace and prosperity. She had been enabled, by the noble lord at the head of the Government, and by the measures which he had matured, to enjoy the blessings which were the offspring of internal tranquillity. Those measures had been properly administered, and public confidence had been in consequence restored. "It was a great blessing," he said, "it was a most gratifying object, to behold that country now floating on the tide of public confidence and public prosperity. She was lying on the breakers, almost a wreck, when the noble marquis arrived; and if he had not taken the measures which have been so successfully adopted, she never could have floated on that tide of public prosperity."Besides these leading histories, this reign produced many others of great value. Amongst these[178] appeared, in 1763, a "History of England," by a lady, Catherine Macaulay, from James I. to the accession of the House of Hanover; which was followed by another series, from the Revolution to her own time. Mrs. Macaulay was a thorough-going Republican; had gone to America expressly to see and converse with Washington, and her history presented the very opposite opinions and phase of events to those of Hume. Lord Lyttelton wrote a "History of Henry II.," in by no means a popular style; and the book is now forgotten. In 1776 there was published the first volume of Lord Hailes's valuable "Annals of Scotland," of which Dr. Johnson entertained so high an opinion. Besides these may be named Macpherson's "History of Great Britain from the Restoration;" Stuart's "History of the Reformation in Scotland," and "History of Scotland from the Reformation to the Death of Queen Mary;" Whitaker's "History of Manchester;" Warner's "History of Ireland;" Leland's "History of Ireland;" Grainger's "Biographical History of England;" Ferguson's "History of the Progress and Termination of the Roman Republic;" Watson's "History of Philip II. of Spain;" Orme's "History of the British Nation in Hindostan;" Anderson's "Annals of Commerce." In 1784 Mitford published his "History of Ancient Greece," and two years later Gillies published another "History of Greece." In 1789 Pinkerton published a "History of the House of Stuart down to Queen Mary." In 1790 Boswell published his "Life of Johnson," the most interesting biography ever written; in 1796 Roscoe his "Life of Lorenzo de' Medici," and, in 1805, the "Life and Pontificate of Leo X."
    FORE:Dumouriez had no sooner come into office than he laid down a great military plan. He proposed that wherever France extended to what he called her natural limitsthat is, to the Rhine, the Alps, the Pyrenees, and the seathey should act only on the defensive; but in the Netherlands, where the territory did not extend to the Rhine, and in Savoy, where it did not extend to the Alps, there they should act on the offensive, and carry France to what he called its boundaries by the genuine laws of nature. This plan was adopted. The Austrians had only thirty thousand men in Belgium, and Lafayette was to make a dash on that division of the Netherlands. From Namur he was to push on for Lige, which would make him complete master of the country, and was to be strengthened by a reinforcement of thirty thousand infantry, so that he would be seventy-five thousand strong before the Emperor could advance to his attack. Further, while Lafayette was marching from Givet on Namur, a division of his army of ten thousand men, under General Biron, was to march upon Mons, where Beaulieu, the Austrian general, was posted with only two thousand five hundred men. On the same day Major-General Theobald Dillon was to advance with three thousand six hundred men from Lille, in Tournay, and to surprise that place. The French calculated on the support of the Belgians who had been strongly inoculated with the spirit of the Revolution. The two smaller divisions were punctual in their movements; but Lafayette, instead of marching simultaneously, remained strengthening himself in his position at Givet. General Biron set out from Valenciennes, and, on the 29th of April, crossed the Belgian frontiers, and the next day marched towards Mons. But no sooner did the French cavalry come in sight of some light troops, said only to amount to about five hundred men, than they fled, crying that they were betrayed. Beaulieu's horse pursued and captured Biron's baggage and military chest. On the very same day, Dillon's division, on their march from Lille to Tournay, fled with the very same cry from nine hundred Austrians who had issued from Tournay. The French officers in vain endeavoured, in both cases, to rally their forces, and Dillon was murdered by his own men on re-entering Lille with a lieutenant-colonel and an unsworn priest. Lafayette, hearing this strange news, did not venture to quit Givet.
    FORE:If there wanted anything to prove the truth of Lord Wellington's warnings to the Spanish authorities of the undisciplined condition of their armies, and the incompetency of their generals, it came quickly. Whilst they continued to treat him more like an enemy than a friend, and had issued orders throughout the province where he lay, forbidding the sale of provisions and forage for his army, their own armies were again annihilated. The army of Venegas, which had retreated, on the advance of Sebastiani towards Madrid, into the Sierra Morena, had been taken from him, and given to a young, inexperienced man, General Areizaga. Cuesta, also, had been set aside for one still more incapable, a General Eguia, of whom Lord Wellington had already pronounced that he was a fool. Areizaga, instead of maintaining his strong post in the hills, being joined by the greater part of the army of Estremadura, now commanded by Eguia, imagined that he could beat the united forces of Mortier and Sebastiani, and drive them out of Madrid. With fifty thousand men and sixty pieces of artillery he descended from his hills into the open plains of Oca?a, where he was beaten on the 20th of November, with the loss of all his artillery but five guns, his baggage, military chest, provisions, and everything. There was immense slaughter of his soldiers, and the rest fled into the mountains. The Duke del Parque, who was placed for the protection of the line of the Tagus with another large army, was marching to support this intended conquest of Madrid, when, in the month of October, being strongly posted on the heights of Tamames, he encountered General Marchand, and defeated him. Elated by this success, he no longer trusted to hills and strong positions, but, like Areizaga, advanced boldly into the plains, and on the 28th of November he encountered Kellermann at Alba de Tormes, and received a most thorough defeat. His men, both cavalry and infantry, scarcely stayed to cross swords or bayonets with the French, but, flinging down their arms, and leaving all their baggage and artillery behind them, they fled in every direction. Kellerman pursued and cut them down without mercyaccording to his own account, killing three thousand men and making three hundred prisoners.On the 31st of March Dundas introduced the Indian Budget, and soon afterwards Pitt congratulated the country on the fact that, so far from the American war having injured the trade or the power of Britain, the fact was that our shipping had increased considerably more than one-third since 1773, and we had been continually gaining strength even during the American war, and had relieved ourselves of a load of expense always incurred by the government of the States. This was an admirable argument for declaring all our colonies independent, if it meant anything; but Pitt went on seconding, and even surpassing Dundas in the prognostications of a long peace. What such ministerial speeches were worth was shown on the 5th of May, only a month and five days since the prophecy of Dundas, and not three weeks since his own prophecy, by Pitt announcing that the peace was already disturbed with Spain. It appeared that the high prices obtained by the crews of Captain Cook's ships, the Discovery and Resolution, at Canton, on his exploring voyages in the South Seas, for the ill-selected, half-worn furs brought from the north-west coast of America, had attracted the attention of adventurers under the direct protection of the East India Company. Mr. Mears, who had been a lieutenant in the royal navy, and a Mr. Tippin, were sent out in command each of a vessel. Tippin was wrecked on the coast of Kamtschatka; but Mears reached Prince William's Sound and wintered there, opening a good trade with the natives. In the spring of 1788 he discovered Nootka Sound, a fine bay on the west side of a small island on the west coast of Vancouver's Island. There he formed a settlement, making a bargain with the chief for it. He went to Canton with furs and was opening a fine trade, when the Spaniards came down on the settlement, seized four British vessels, but permitted two United States' vessels to remain unmolested. Part of the English crew were shipped in one of the American vessels to China, and the rest suffered to depart in one of their own ships after it had been plundered. The Spanish commander then settled himself in the new colony, and Spain set up a[372] general claim to all coasts and islands, and the whole Pacific as far as China.
  • TUXEDO
    FORE:But though the 21st of January was to be the day of the grand attack on the Ministry, the battle was not deferred till then. Every day was a field-day, and the sinking Minister was dogged step by step, his influence weakened by repeated divisions, and his strength worn out by the display of the inevitable approach of the catastrophe. The first decided defeat that he suffered was in the election of the Chairman of Committees. The Ministerial candidate, Giles Earle, was thrown out by a majority of two hundred and forty-two to two hundred and thirty-eight, and the Opposition candidate, Dr. Lee, was hailed by a shout that rent the House. Other close divisions followed. The fall of Walpole was now certain, and he would have consulted both his dignity and comfort in resigning at once. This was the earnest advice of his friends, but he had been too long accustomed to power to yield willingly. He was oppressed with a sense of his defeats, and the insolence of enemies whom he had so long calmly looked down upon without fear. He was growing old and wanted repose, but he still clung convulsively to his authority, though he had ceased to enjoy it.
    FORE:If the French had been by no means successful in Germany, they had been much less so in other quarters of the globe. In the East Indies we had taken Pondicherry, their chief settlement, from them, and thus remained masters of the whole coast of Coromandel, and of the entire trade with India. In the West Indies, the French had been fortifying Dominica, contrary to treaty, and Lord Rollo and Sir James Douglas were sent thither, and speedily reduced it. France, indeed, was now fast sinking in exhaustion. Louis XV. was a man of no mark or ability, inclined to peace, and leaving all affairs to his Ministers, and still more to his mistress, Madame de Pompadour. Choiseul was a man of talent, but of immense vanity, and little persistent firmness. He was now anxious for peace, but, too proud to make the proposal directly, he induced the Courts of Russia and Austria to do it. It was suggested that a congress should be held at Augsburg for settling the peace of Europe. England and Prussia readily consented. But the Duke of Choiseul, anxious to have a clear understanding of the terms on which England and France were likely to treat, proposed a previous exchange of views, and dispatched M. Bussy to London, whilst Mr. Pitt sent to Paris Mr. Hans Stanley.[See larger version]
    FORE:The Marquis of Ely " " 45,000 J. Bingham, created Lord Clanmorris; 8,000 for two seats, and 15,000 compensation for Tuam. Had first offered himself for sale to the anti-unionists.

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THREE:SIR JAMES GRAHAM.

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THREE:WILLIAM PITT, EARL OF CHATHAM.

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THREE:The Ministerial changes consequent on the death of Mr. Canning were announced on the 17th of August. Viscount Goderich, afterwards Earl of[261] Ripon, became the First Lord of the Treasury, the Duke of Portland President of the Council, Mr. Herries Chancellor of the Exchequer, Mr. Huskisson Colonial Secretary, and Mr. C. Grant President of the Board of Trade. On the 22nd the Duke of Wellington was gazetted as Commander-in-Chief. He accepted this office at the earnest request of the king, and it was universally felt that he was the fittest man for the post; but those who, with Lord Eldon, earnestly wished for the speedy downfall of the new Ministrywhich they regarded as almost exclusively Canningitelamented that he should have assumed that position which would necessarily paralyse his opposition in the House of Lords, and so far tend to keep in the Administration. There was, however, little chance of that, for perhaps no Cabinet was ever more divided. They intrigued man against man, section against section; and at last, without any external pressure, the Cabinet fell to pieces from its own weakness. Lord Goderich lost heart, and gave in his resignation before Parliament met. The king was at Windsor while the work of dissolution was going on. When it was complete, he said, "If they had not dissolved themselves by their own acts, I should have remained faithful to them to the last." They appeared before him on the 8th of January, 1828, to resign the offices which they had received from his hands. The Duke of Wellington was then sent for. It was not his wish to become Prime Minister of England. The reasons which had impelled him, on a former occasion, to resist the solicitations of his colleagues induced him now to remonstrate respectfully with the Sovereign; but the king would take no denial.

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THREE:The passing of these Acts was marked by attacks on Lord Clive. Burgoyne brought up a strong report from his Committee, and, on the 17th of May, moved a resolution charging Clive with having, when in command of the army in Bengal, received as presents two hundred and thirty-four thousand pounds. This was carried; but he then followed it by another, "That Lord Clive did, in so doing, abuse the power with which he was entrusted, to the evil example of the servants of the public." As it was well understood that Burgoyne's resolutions altogether went to strip Clive of the whole of his property, a great stand was here made. Clive was not friendless. He had his vast wealth to win over to him some, as it inflamed the envy of others. He had taken care to spend a large sum in purchasing small boroughs, and had six or seven of his friends and kinsmen sitting for these places in Parliament. He had need of all his friends. Throughout the whole of this inquiry the most persistent and envenomed attacks were made upon him. He was repeatedly questioned and cross-questioned, till he exclaimed, "I, your humble servant, the Baron of Plassey, have been examined by the select Committee more like a sheep-stealer than a member of Parliament." Then the House thought he had suffered enough, for nothing was clearer than that justice required the country which was in possession of the splendid empire he had won to acknowledge his services, whilst it noted the means of this acquisition. Burgoyne's second resolution was rejected, and another proposed by Wedderburn, the Solicitor-General, adopted, "That Robert, Lord Clive, did, at the same time, render great and meritorious services to this country." This terminated the attack on this gifted though faulty man. His enemies made him pay the full penalty of his wealth. They had struck him to the heart with their poisoned javelins. From a boy he had been subject to fits of hypochondriacal depression; as a boy, he had attempted his own life in one of these paroxysms. They now came upon him with tenfold force, and in a few months he died by his own hand (November 22, 1774).
THREE:It is impossible to conceive the extent of suffering and desolation inflicted upon society, almost every family being involved, more or less, in the general calamity. Flourishing firms were bankrupt, opulent merchants impoverished, the masses of working people suddenly thrown out of employment, and reduced to destitution; and all from causes with which the majority had nothing to docauses that could have been prevented by a proper monetary system. If Bank of England notes had been a legal tender, to all intents and purposes supplying the place of gold as currency; if these notes had been supplied to the country banks in any quantities they required, ample security being taken to have assets equal to their respective issues, then the currency would have had an elastic, self-adjusting power, expanding or contracting according to the requirements of commerce. Inordinate speculation would not have been stimulated by a reckless system of credit, and business would have been conducted in a moderate and judicious manner, instead of rushing on at a high pressure that rendered a crash inevitable. The Government, after anxious and repeated deliberations, supplied a remedy on this principle. They determined to issue one-pound and two-pound notes of the Bank of England, for country circulation, to any amount required. In the meantime the Mint was set to work with all its resources in the coining of sovereigns[244], which, for the course of a week, were thrown off at the rate of 150,000 a day. The notes could not be manufactured fast enough to meet the enormous demand for carrying on the business of the country. In this dilemma the Bank was relieved by a most fortunate discoverya box containing 700,000, in one- and two-pound notes that had been retired, but which were at once put into circulation. The people having thus got notes with Government security, the panic subsided, and the demand for gold gradually ceased. The restoration of confidence was aided by resolutions passed at a meeting of bankers and merchants in the City of London, declaring that the unprecedented embarrassments and difficulties under which the circulation of the country laboured were mainly to be ascribed to a general panic, for which there were no reasonable grounds; that they had the fullest confidence in the means and substance of the banking establishments of the capital and the country; that returning confidence would remove all the symptoms of distress caused by the alarms of the timid, so fatal to those who were forced to sacrifice their property to meet unexpected demands. The new measures so promptly adopted and so vigorously carried into effect, raised the circulation of the Bank of England notes in three weeks from 17,477,290 to 25,611,800. Thus the regular and healthful action of the monetary system was restored by an adequate circulation of paper money, on Government security, without specie to sustain it. There were at the time of the crash 770 country bankers; 63 stopped payment, 23 of them having subsequently resumed business, and paid twenty shillings in the pound; and even those that were not able to resume, paid an average of seventeen shillings and sixpence in the pound. It was estimated that the total loss to the country by this panic was one hundred million pounds.
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THREE:[See larger version]But in the midst of all this strife and turmoil the work of real amelioration steadily proceeded. The tithe proctor system was a great and galling grievance to Protestants as well as Roman Catholics, but especially to the latter, who constituted the mass of the tillers of the soil. Such an odious impost tended to discourage cultivation, and throw the land into pasture. The Tithe Commutation Act was therefore passed in order to enable the tenant to pay a yearly sum, instead of having the tenth of his crop carried away in kind, or its equivalent levied, according to the valuation of the minister's proctor. It was proposed to make the Act compulsory upon all rectors, but this was so vehemently resisted by the Church party that it was left optional. If the measure had been compulsory, the anti-tithe war, which afterwards occurred, accompanied by violence and bloodshed, would have been avoided. It was, however, carried into operation to a large extent, and with the most satisfactory results. Within a few months after the enactment, more than one thousand applications had been made from parishes to carry its requirements into effect. In 1824, on the motion of Mr. Hume for an inquiry into the condition of the Irish Church Establishment, with a view to its reduction, Mr. Leslie Foster furnished statistics from which it appeared that the proportion of Roman Catholics to Protestants was four to one. In Ulster, at that time, the Roman Catholic population was little more than half the number of Protestants.
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    During the recess a violent quarrel had been going on in the City, which showed the[205] disorganisation of the Opposition. Wilkes had offered himself as sheriff; but Alderman Oliver, who had lately been in prison for his bold conduct in the affair of Miller, the printer, had refused to support the claim of Wilkes. In fact, not only he, but the Lord Mayor, Alderman Townshend, and Sawbridge, were beginning to see through Wilkes. Oliver went furtherhe refused to serve as the other sheriff with Wilkes. Government availed itself of these divisions to defeat the election of Wilkes. Alderman Bull became the second candidate with Wilkes, and Government induced their party in the City to nominate Aldermen Plumbe and Kirkman in opposition to them. Wilkes would probably have been defeated, especially as Oliver finally came forward, supported by all the eloquence and exertions of John Horne. But, fortunately for Wilkes and his fellow-candidate, Bull, a letter sent by the Government agent to a Mr. Smith in the City was misdelivered to another Mr. Smith, a supporter of Wilkes and Bull, announcing the exertions that Government would make in support of their men, Plumbe and Kirkman. This letter was immediately published, and, alarming all the enemies of Government, made them rally round Wilkes and Bull, who were accordingly elected.[565]It was at the close of 1719, when George I. returned from Hanover, that this Company proposed to Ministers to consolidate all the funds into one. It was strange that both Ministers and merchants could be deluded by the hope of enriching themselves by a share of the trade with the Spanish South American provinces, when Spain herself, in full enjoyment of them, was sunk into indigence and weakness, and presented the most determined resistance to the unfettered intercourse of any other nation with them. Yet Sir John Blunt, a leading director of the South Sea Company, persuaded the Ministers that by granting the Company power to deal with the public funds, and especially to buy up the unredeemable annuities which had been granted in the two preceding reigns, chiefly on terms of ninety-nine years, and which now amounted to about eight hundred thousand pounds a year, they could, in twenty-six years, pay off the entire National Debt. But, to enable them to do this, they must be empowered to reduce all the different public securities to one aggregate fund in their hands, to convert both redeemable and unredeemable debts into stock by such arrangements as they could make with the holders, and to have certain commercial privileges vested in them. Ministers accepted the proposals with great alacrity. Aislabie introduced the scheme to Parliament in the month of February, 1720, declaring that, if it was accepted by the House, the prosperity of the nation would be amazingly enhanced, and all its debts liquidated in a very few years. Craggs seconded the proposal in most sanguine terms, expressing his conviction that every member of the House must be ready to adopt so advantageous an offer. Ministers had already closed with the proposals of the Company, and they were themselves greatly disconcerted by the suggestion of Mr. Thomas Brodrick, the member for Stockbridge, who expressed his entire accordance with Ministers, but thought that the nation should endeavour to obtain the best terms for itself by opening the competition to every other company or association of men as well as that in question. Ministers were confounded by this proposal, and Aislabie endeavoured to get out of it by declaring that to do this would be like putting the nation up to auction, and that such things should be done with spirit. But Jekyll interposed, saying it was this spirit which had ruined the nation, and it was now requisite to consider seriously what was best for the public. A violent debate ensued, in which Walpole eloquently recommended open competition, and was sharply replied to by Lechmere. The question was carried in favour of competition; and then the Bank of England, which before had coolly declined to enter into the proposals, suddenly appeared in a new temper, and made liberal offers for the privilege of thus farming the public debts. But the South Sea Company was not to be outdone; it offered seven millions and a half, and the Bank gave way in despair.THE BATTLE OF TRAFALGAR AND THE VICTORY OF LORD NELSON OVER THE COMBINED FRENCH AND SPANISH FLEETS, OCTOBER 21ST, 1805.This definition of the House of Commons at this time, and for long afterwards, was too happy a definition to escape the wrath of that body. Accordingly, on the 27th of March, Mr. Lethbridge, member for Somersetshire, moved that Sir Francis Burdett should be committed to the Tower for his attack on the House. After some discussion, the question was adjourned to the 5th of April, when, by a majority of thirty-eight, Sir Francis was ordered to be committed as guilty of a libel against the House. But Sir Francis, justly regarding the House as altogether illegally constituted, and as a usurpation by the aristocracy of the functions of the people, determined not to submit to its order. The next day he addressed a letter to the Speaker of the House, declaring his contempt for it as then constituted; that he held its order to be, on that ground, illegal; and that he would resist it to the utmost. He ordered the doors and windows of his house in Piccadilly to be closed, and prepared to yield only to force.
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