ONE:On the 30th of January, 1793, Dundas announced to the House of Commons a message from the throne, communicating the news of the execution of the French king. This was accompanied by copies of a correspondence with M. Chauvelin, the late plenipotentiary of Louis, and of an order for his quitting the kingdom, in consequence of this sanguinary act. The message made a deep impression on the House, though the circumstances were already well known. It was agreed to take these matters into consideration on the 2nd of February, when Pitt detailed the correspondence which had for some time taken place between the British Cabinet and the French Government. He said that Britain, notwithstanding many provocations, had carefully maintained an attitude of neutrality, even when, in the preceding summer, France was at war with Austria and Prussia, and was menacing our Dutch allies. The French, on their part, had, he said, made similar professions. They had publicly renounced all aggression, and yet they had annexed Saxony, overrun Belgium, and now contemplated the invasion of Holland. They had done more: they had plainly menaced this country with invasion. So recently as the last day of the year, their Minister of Marine had addressed a letter to the seaports of France, in which this was the language regarding England:"The King and his Parliament mean to make war against us. Will the English Republicans suffer it? Already these free men show their discontent, and the repugnance they have to bear arms against their brothers, the French. Well, we will fly to their succour; we will make a descent on the island; we will lodge there fifty thousand caps of liberty; we will plant there the sacred tree; we will stretch out our arms to our Republican brethren, and the tyranny of their Government shall soon be destroyed!" There was a strong war spirit manifest in the House. Fox and his diminished party combated it in vain. The same prevailing expression was exhibited in a similar debate in the House of Lords, in which Lord Loughboroughwho, on the 20th of January, succeeded Thurlow as Lord Chancellorsupported the views of Ministers. But there was little time allowed for the two Houses to discuss the question of peace or war, for on the 11th of February Dundas brought down a royal message, informing the Commons that the French had declared war on the 1st of February, against both Britain and Holland. On the following day Pitt moved an Address to his Majesty, expressing a resolve to support him in the contest against France. In the debate, Burke declared the necessity of war against a nation which had, in fact, proclaimed war against every throne and nation. At the same time, he declared that it would be a war in defence of every principle of order or religion. It would not be the less a most desperate war. France was turning almost every subject in the realm into a soldier. It meant to maintain its armies on the plunder of invaded nations. Trade being ruined at home by the violence of mob rule, the male population was eager to turn soldiers, and to live on the spoils of the neighbouring countries. Lyons alone, he said, had thirty thousand artisans destitute of employment; and they would find a substitute for their legitimate labour in ravaging the fields of Holland and Germany. He deemed war a stern necessity. A similar Address was moved and carried in the Peers.The year 1797 was opened by the suspension of cash payments. The Bank of England had repeatedly represented to Pitt, as Chancellor of the Exchequer, that his enormous demands upon it for specie, as well as paper money, had nearly exhausted its coffers and could not long be continued. The payment of our armies abroad, and the advances to foreign kings, were necessarily made[455] in cash. The Government, in spite of enormous taxation, had already overdrawn its account eleven million six hundred and sixty-eight thousand eight hundred pounds, and the sole balance in the hands of the Bank was reduced to three million eight hundred and twenty-six thousand eight hundred and ninety pounds. Pitt was demanding a fresh loan for Ireland, when a message came from the Bank to say that, in existing circumstances, it could not be complied with. Thus suddenly pulled up, the Privy Council was summoned, and it was concluded to issue an order for stopping all further issue of cash, except to the Government, and except one hundred thousand pounds for the accommodation of private bankers and traders. Paper money was made a legal tender to all other parties, and the Bank was empowered to issue small notes for the accommodation of the public instead of guineas. A Bill was passed for the purpose, and that it might not be considered more than a temporary measure, it was made operative only till June; but it was renewed from time to time by fresh Acts of Parliament. The system was not abolished again till 1819, when Sir Robert Peel brought in his Bill for the resumption of cash payments, and during the whole of that time the depreciation of paper money was comparatively slight.
TWO:He says for me to shove my crate in the hangar, stay here, get your parents to let you make a visit and Larry learn flying and so on, but if I put my crate in that hangarit haunted and now the jinxed seaplane to come inany instruction I give will be at your own risk.On the day of Chatham's death, his friend and disciple, Colonel Barr, announced the melancholy event in the House of Commons, and moved that his funeral should be conducted at the public charge, and his remains be deposited in Westminster Abbey. This was seconded by Thomas Townshend, afterwards Secretary of State, and Lord Sydney. All parties consented, with many praises, to this suggestion; and two days afterwards, Lord John Cavendish introduced the subject of a further testimony of public regard for the departed. It was well known that Chatham, notwithstanding the ten thousand pounds left him by the Duchess of Marlborough, notwithstanding the emoluments of his places and pensions, and the noble estate bequeathed to him by Sir William Pynsent, was still in debt. Lord John Cavendish put to the score of disinterestedness what ought probably to have been placed to the account of free living and little care of money, and called on Parliament to reward the descendants of the Earl for the great addition which he had made to the empire as well as to its glory. Lord North cordially assented.
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