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FORE:C'est le sort le plus beau, le plus digne d'envie!"
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FORE:The South Sea Company, with a folly of which extreme greed only is capable, endeavoured to put down these rival schemes and obtained an order from the Lords Justices and writs of scire facias against several of these new bubbles. It was like raising a wind to blow away the bubbles, forgetting that their own was a bubble too, and would go with them. The moment that the people began to distrust one they distrusted all. The panic became as great as the mania had been. The South Sea stock dropped in less than a month from one thousand to below six hundred. There was a simultaneous rush to sell out, and the shares must have sunk instantly to nil but for the gigantic exertions of the Company to raise money and buy in. The relief, however, was but temporary. The bankers and pawnbrokers who had advanced money on scrip broke and fled; merchants, goldsmiths, and speculators rushed away after them. Walpole was summoned in haste from Haughton to devise some means of staying the panic. He endeavoured to get the Bank of England to circulate three millions of South Sea bonds for a year; but the Bank, seeing that the case was desperate, declined it. This was decisive. The rage and despair of the swarming dupes were indescribable. They heaped[48] execrations not only on the South Sea Company, but on Ministers, the king, his mistresses, and the Royal Family, who had all been deep in the affair, and who had taken good care of themselves. George landed at Margate on the 9th of November, soon after which the South Sea stock fell to one hundred and thirty-five. On the 8th of December Parliament met, and promptly began to investigate the scandal.
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FORE:Notwithstanding these apprehensions, the reception actually given to Lord Anglesey was not at all so disgraceful to the country as he was led to anticipate. Mr. O'Connell kept out of the way; but a numerous assemblage of the most respectable citizens greeted his arrival at Kingstown, and escorted him to Dublin Castle, Lord Cloncurry and Lord Howth riding at the head of the procession. The populace confined the expression of their feeling to a few groans for "Dirty Doherty," whose promotion to the chief seat of the Court of Common Pleas was the alleged offence of Lord Anglesey. He was scarcely a week in Ireland, however, when O'Connell opened the Repeal campaign. A meeting of the trades of Dublin had been arranged for the 27th of December, to march in procession from Phibsborough to his residence in Merrion Square, to present him with an address of thanks for his advocacy of a domestic legislature. Sworn informations having been laid before the Lord-Lieutenant to the effect that serious disturbances were apprehended from this procession, he issued a proclamation on Christmas Day, forbidding it under the Act for the suppression of dangerous associations or assemblies. Mr. O'Connell therefore issued a notice, counter-manding the meeting. On the 4th of January Mr. O'Connell sent a deputation to Lord Cloncurry, to ask him to preside over a Repeal meeting, which he declined. "Those who knew Mr. O'Connell," writes his lordship, "who recollect what a creature of impulse he was, how impatiently he bore with any difference from his opinions, and what a storm was the first burst of his wrath, will not wonder at what followed. Three very long letters were immediately issued, especially devoted to the business of vituperating me, but with ample digressions maledictory of Lord Anglesey." In a few days, he adds, the fever was brought to a crisis by the arrest of Mr. O'Connell and his agitation staff, "after a brisk pursuit through a labyrinth of ingenious devices, whereby he sought to evade the law, in the course of which it was found necessary to discharge five or six proclamations against him. To-day, Mr. O'Connell's audience and claqueurs were termed 'The Society of the Friends of Ireland of all Religious Persuasions.' To-morrow they were 'The General Association of Ireland for the Prevention of Unlawful Meetings,' and for the protection and exercise of the sacred right of petitioning for the redress of grievances. Then, again, they were a nameless body of persons, in the habit of meeting weekly at a place called Home's Hotel; and as the hunt continued, they successively escaped from each daily proclamation under the changing appellations of 'The Irish Society for Legal and Legislative Relief'; or 'The Anti-union Association'; 'The Association of Irish Volunteers for the Repeal of the union'; 'The Subscribers to the Parliamentary Intelligence Office, Stephen Street'; until they were fairly run down at a breakfast party at Hayes Hotel."[See larger version]
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FORE:Whilst Louis lay ill at Metz, France received an unexpected relief. Prince Charles was hastily recalled to cope with Frederick of Prussia, who had now joined France in the counter-league of Frankfort, and burst into the territories of Maria Theresa. He found in Prague a garrison of fifteen thousand men, yet by the 15th of September he had reduced the place, after a ten days' siege. At the same time Marshal Seckendorf, the Imperial general, entered Bavaria, which was defended only by a small force, and quickly reinstated[88] Charles on the throne of Munich. Vienna itself was in the greatest alarm, lest the enemies uniting should pay it a visit. But this danger was averted by the rapid return of Prince Charles of Lorraine from before Strasburg. He had to pass the very front of the French army; nevertheless, he conducted his forces safely and expeditiously to the frontiers of Bohemia, himself hastening to Vienna to consult on the best plan of operations. Maria Theresa again betook herself to her heroic Hungarians, who, at her appeal, once more rushed to her standard; and Frederick, in his turn alarmed, called loudly on the French for their promises of assistance, but called in vain. The French had no desire for another campaign in the heart of Austria. The Prussian invader, therefore, soon found himself menaced on all sides by Austrians, Croatians, and Hungarian troops, who harassed him day and night, cut off his supplies and his forages, and made him glad to retrace his steps in haste.[See larger version]
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FORE:This was a thunderstroke to Hastings and his friends. Fifty of Pitt's followers immediately wheeled round with him; Dundas voted with Pitt, and the motion was carried by an exact inversion of the numbers which had negatived the former article on the Rohilla war, one hundred and nineteen against sixty-seven. The Session closed on the 11th of July with the rest of the charges hanging over the ex-Governor's head in ominous gloom.
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