The Opposition was in ecstasies: it was the first defeat of Ministers on a financial question since the days of Walpole, and in our time the Chancellor would have resigned. The blow seemed to rouse Chatham. Three days after this event, on the 2nd of March, he arrived in town, though swathed in flannel, and scarcely able to move hand or foot. He declared that the Chancellor of the Exchequer and himself could not hold office together. A few days, and Townshend would have been dismissed from office, and the country might have escaped one of its greatest shocks; but, unfortunately, the malady of Chatham returned with redoubled violence, and in a new and more terrible form. He was obliged to refuse seeing any one on State affairs.[See larger version]
ONE:Of course, the commercial changes introduced by Mr. Huskisson and Mr. Robinson excited loud murmurs of dissatisfaction from the interests affected, especially the shipping interest. But the best answer to objectors was the continuously flourishing state of the country. At the opening of the Session in 1825, Lord Dudley and Ward, in moving the Address in answer to the King's Speech in the Upper House, observed:"Our present prosperity is a prosperity extending to all orders, all professions, and all districts, enhanced and invigorated by the flourishing state of all those arts which minister to human comfort, and those inventions by which man obtains a mastery over nature by the application of her own powers, and which, if one had ventured to foretell a few years ago, it would have appeared almost incredible." This happy state of things was the result of a legitimate expansion of trade. Manufacturers and merchants were at first guided by a spirit of sober calculation. The steady advance in the public securities, and in the value of property of all sorts, showed that the national wealth rested upon a solid basis. The extension of the currency kept pace with the development of trade and commerce, and the circulation of bankers' paper was enormously increased. But out of the national prosperity there arose a spirit of rash speculation and adventure, resulting in a monetary crisis. The issue of notes by country banks was under no restriction; no measures were taken to secure that their paper represented property, and could be redeemed if necessary. There were hundreds of bankers in the provinces who could issue any quantity of notes they pleased, and these passed as cash from hand to hand. The spirit of speculation and enterprise was stimulated to a feverish degree of excitement by the recognition of the states of Colombia, Mexico, and Buenos Ayres, formally announced in the King's Speech on the 3rd of February, which said that treaties of commerce had been made with those new states. The rich districts of South America being thus thrown open, there was a rush of capitalists and adventurers to work its inexhaustible mines. A number of companies was formed for the purpose, and the gains of some of them in a few months amounted to fifteen hundred per cent. The result was a mania of speculation, which seized upon all classes, pervaded all ranks, and threw the most sober and quiet members of society into a state of tumultuous excitement. Joint-stock companies almost innumerable were established, to accomplish all sorts of undertakings. There were thirty-three companies for making canals and docks, forty-eight for making railroads, forty-two for gas, twenty insurance companies, twenty-three banking companies, twelve navigation packet companies, five indigo and sugar companies, thirty-four metal companies, and many others. The amount of capital subscribed in these various companies, which numbered two hundred and seventy-six, was upwards of 174,000,000. In connection with South America there was the Anglo-Mexican Company, the Brazilian, the Colombian, Real de Monte, and the United Mexican. On the South American shares only ten pounds each had been paid, except the Real de Monte, on which 70 had been paid. We may judge of the extent to which gambling speculation was carried from the following statement of the market prices of the shares, in five of the principal mining companies[243], at two periods, December 10th, 1824, and January 11th, 1825:GEORGE CANNING.
TWO:His plan for his chef-d'?uvre, St. Paul's, like his grand plan for the City, with its principal streets ninety feet wide, its second-rate streets sixty, and its third-rate thirty, was rejected. This cathedral was a composition compact and simple, consisting of a single general octagonal mass, surmounted by a dome, and extended on its west side by a portico, and a short nave or vestibule within. The great idea of Wren was to adapt it to Protestant worship, and therefore he produced a design for the interior, the parts of which were beautifully grouped together so as to produce at once regularity and intricacy, yet without those long side aisles and recesses, which the processions and confessionals of Roman Catholic worship require. The whole long period of Wren's erection of this noble pile was one continued battle with the conceit, ignorance, and dogmatism of the commissioners, who made his life a bitter martyrdom; and when we read the admired inscription in St. Paul's, "Si monumentum requiris, circumspice," we behold, on obeying its injunction, only what Wren did, not what he suffered in doing it.
THREE:But the British were in no condition to take advantage of American exhaustion. At a time when the Ministry at home had obtained the most magnificent grants from Parliamentgrants for ninety thousand seamen, thirty thousand soldiers, and twenty-five millions of pounds to pay for themthere was scarcely a fleet on the American coasts, and nothing which could be called an army. Had Cornwallis been in possession of an adequate force, he would speedily have cleared all the Southern States. Wherever he came, even with his handful of men, he drove the Americans before him. He now took up his headquarters at Cross Creek, where he sought to rest his troops and recover his sick and wounded. He hoped there to establish a communication with Major Craig, who had been successfully dispatched to take possession of Wilmington, at the mouth of Cape Fear River, but this was not very practicable, and as the country about Cross Creek was destitute of the necessary supplies, Cornwallis himself descended to Wilmington, which he reached on the 7th of April. Colonel Webster and others of his wounded officers died on the march. Greene, with his fragment of an army, as badly provisioned as that of Cornwallis, followed them at a safe distance.
TWO:These three eventsthe death of the Duke of York, the appointment of Mr. Canning as Prime Minister, and the entire remodelling of the Cabinet on Liberal principlessucceeding one another so rapidly in the early months of 1827, were regarded as the turning-points in the modern history of England, and fraught with most momentous consequences. The first changed the Heir-Apparent to the Throne, and for an obstinate bigot substituted a prince of popular sympathies. The second represented the triumph of intellect and public opinion over rank and monopoly. "Changes so vast," writes Sir Archibald Alison, "could not fail to exercise a powerful influence on the course of events in future times. The magnitude of the change appeared in the most decided manner when the Ministerial explanations usual in such cases took place in Parliament. Both Houses were crowded to excess, both in the highest degree excited, but the excitement in the two was as different as the poles are asunder: in the Commons it was the triumph of victory, in the Peers the consternation of defeat. So clearly was this evinced that it obliterated for a time the deep lines of party distinction, and brought the two Houses, almost as hostile bodies united under different standards, into the presence of each other. The Commons rang with acclamations when the new Premier made his triumphant explanation from the head of the Ministerial bench; but they were still louder when Mr. Peel, from the cross benches, out of office, said, 'They may call me illiberal and Tory, but it will be found that some of the most necessary measures of useful legislation of late years are inscribed with my name.' The tide of reform had become so strong that even the avowed Tory leaders in the Lower House were fain to take credit by sailing along with it. In the House of Lords, on the other hand, the feeling of the majority was decidedly hostile to the new Administration, and that not merely on the Tory benches, where it might naturally have been looked for, but among the old Whig nobility, who had long considered Government as an appendage of their estates. It was hard to say whether the old peers on both sides responded more strongly to the Duke of Wellington's and Lord Eldon's explanation of their reasons for declining to hold office, or to Earl Grey's powerful and impassioned attack on the new Premier. The division of the two Houses was clearly pronounced; the one presaged its approaching triumph, the other its coming downfall. The secret sense of coming change had raised their numbers in unwonted combinations, and the vital distinction of interest and order had for the time superseded the old divisions of party."
TWO:On the third day Lord King moved that the Bill was not one of State necessity or expediency. This gave occasion to Lord Liverpool, then at the head of the Government, to express his sentiments upon the measure. He declared upon his honour and in his conscience that, if the Bill passed, he believed the king would not marry again. But if the charges against the queen were proved, it was absolutely impossible not to conclude with an enactment for a divorce. Earl Grey replied to Lord Liverpool, and called upon their lordships, from respect for their own character, not to persevere with the measure before them.
The Emperor of Germany was delighted at the Spanish offer. He had always felt himself aggrieved by the conditions of the Quadruple Alliance. He was afraid of France, and hated George of England for his German policy. He had, moreover, embroiled himself with both England and Holland, by establishing at Ostend an East India Company, which was declared to be in violation of the Treaty of Westphalia, and was, at all events, regarded with particular jealousy by both England and Holland. This being the case, Ripperda, the envoy of Spain, a Dutch adventurer, who had been the tool of Alberoni, completed with ease a treaty with the Emperor at Vienna, which was signed on the 30th of April, 1725.The consternation of the city may be imagined. The inhabitants, who had, at first, treated the rumour of the Young Pretender's landing with ridicule, now passed to the extreme of terror. On Sunday night the Highlanders lay between Linlithgow and the city, and on Monday morning Charles sent forward a detachment, which, on coming in sight of the pickets, discharged their pistols. The dragoon pickets did not wait to return the fire, but rode off towards Coltbridge, nearer to Edinburgh, where Gardiner lay with the main body of horse. No sooner, however, did this commander perceive the advancing Highlanders, than he also gave the order to retreat, and the order was so well obeyed, that from a foot's-pace the march quickened into a trot and presently into a gallop, and the inhabitants of Edinburgh saw the whole force going helter-skelter towards Leith, where they drew bit. The valiant troops mounted again, and galloped to Preston, six miles farther, some of them, it was said, not stopping till they reached Dunbar. This "Canter of Coltbridge," as it was called in derision, left the city at the mercy of the Highlanders, except for about six or seven hundred men mustered from the City Guard, the volunteer corps, and some armed gentlemen from Dalkeith and Musselburgh, who took post at the gates.On the 16th of June, just as the House was growing impatient for prorogation, Lord North, who earlier in the Session had made some unsuccessful negotiations with the Whigs, announced intelligence which put such prorogation out of the question. He informed the House that the Spanish Ambassador had delivered a hostile manifesto and had thereupon quitted London. On the 17th a Royal Message was delivered, asserting his Majesty's surprise at this act of Spain, and declaring that nothing on his part had provoked it. But it by no means took anybody else by surprise, and the Opposition strongly reproached Government for not giving credit to their warnings on this head. In the Commons, Lord John Cavendish, and, in the Lords, the Earl of Abingdon and the Duke of Richmond, moved that the fleet and army should be immediately withdrawn from America, that peace be made with those States, and all our forces be concentrated in chastising France and Spain, as they deserved, for their treachery and unprovoked interference. They called for a total change of Ministers and measures.
荣誉榜
THREE:A second question regarding the late Minister became immediately necessary. He had died deeply in debt. It was one of the fine qualities of Pitt that he never had a love of money, or an ambition to create a great estate at the expense of the country, like too many statesmen. At an early period of Pitt's ministerial career, though a bachelor, he was so hopelessly in debt, that his friend, Robert Smith, afterwards Baron Carrington, had looked into his affairs, and declared that, of all scenes of domestic robbery by servants, and wild charges by tradesmen, he had never witnessed anything to compare with it. The financial management of his own income and that of the nation were just on a par in Pitt's case. He let his own money go like water, and he would have flung any quantity of the nation's property away on his quixotic scheme of propping up the thoroughly rotten and hopeless condition of the Continental governments. A strong effort was now made by such of Pitt's creditors as had advanced money to him, to be repaid by the nation. In this endeavour none were more eager than his great friends and relatives, who had been enabled by him to draw a hundredfold from the nation what they had lent him. Wilberforce, however, proposed that they should not only forego their individual claims, but should contribute each a moderate sum towards the raising of forty thousand pounds, which would pay his tradesmen; but here the great relatives and friends became dumb and motionless. Spencer Perceval offered a thousand pounds, and one or two others made some offers; but the appeal was in vain, and a motion was proposed by Mr. Cartwright, on the 3rd of February, that the nation should pay this sum. This was carried at once.Tobias Smollett (b. 1721; d. 1771), before he appeared as a novelist, following in the track of Fielding rather than in that of Richardson, had figured as poet, dramatist, and satirist. Originally a surgeon from Dumbartonshire, and afterwards surgeon's mate on board of a man-of-war, he had then lived as an author in London. Thus he had seen great variety of life and character, and, having a model given him, he threw his productions forth in rapid succession. His first novel was "Roderick Random," which appeared in 1748, the same year as Richardson's "Clarissa," and a year preceding perhaps the greatest of Fielding's works, "Tom Jones." Then came, in rapid sequence, "Peregrine Pickle," "Count Fathom," "Sir Launcelot Greaves," and "Humphrey Clinker." Whilst writing these he was busy translating "Don Quixote"a work after his own hearttravelling and writing travels, editing The Briton, and continuing Hume's "History of England." In his novels Smollett displayed a deep knowledge of character, and a humour still broader and coarser than that of Fielding. In Smollett the infusion of indecency may be said to have reached its height. In fact, there is no more striking evidence of the vast progress made in England since the commencement of the reign of George III., in refinement of manners and delicacy of sentiment, than the contrast between the coarseness and obscenity of those early writers and the novelists of the present day. The picture which they offer of the rude vice, the low tastes, the debauched habits, the general drunkenness, and the ribaldry and profanity of language in those holding the position of gentlemen and even of ladies, strikes us now with amazement and almost with loathing.
THREE:FREE TRADE HALL, MANCHESTER. (From a Photograph by Frith and Co., Reigate.)
