THREE:This proclamation was speedily followed by the steady march of soldiers to various quarters. At one moment was heard the loud roar of innumerable voices in the full commission of outrage, and at the next the rattle of musketry and the shrieks of the wounded and dying, followed by a strange silence. The first troops who commenced the bloody duty of repression were the Northumberland militia, who had come that day by a forced march of twenty-five miles, and who were led by Colonel Holroyd against the rioters at Langdale's distillery in Holborn. A detachment of the Guards at the same time drove the mob from the possession of Blackfriars Bridge. Numbers were there killed, or were forced by the soldiers or their own fears over the parapet of the bridge, and perished in the Thames. Where the mob would not disperse, the officers now firmly gave the word of command, and the soldiers fired in platoons. Little resistance was offered; in many quarters the inhabitants, recovering their presence of mind, armed themselves, and came forth in bodies to assist the soldiers. The number of troops now assembled in and around London amounted to twenty-five thousand, and before night the whole city was as quiet��far quieter, indeed��than on ordinary occasions, for a sorrowful silence seemed to pervade it; and besides two hundred men shot in the streets, two hundred and fifty were carried to the hospitals wounded, of whom nearly one hundred soon expired. But these bore no proportion to the numbers who had fallen victims to their own excesses, or who had been buried under the ruins of falling buildings, or consumed in the flames in the stupor of intoxication. The king's decision had saved London.Sir Robert Peel then rose. He said that the immediate cause which had led to the dissolution of the Government was "that great and mysterious calamity which caused a lamentable failure in an article of food on which great numbers of the people in this part of the United Kingdom and still larger numbers in the sister kingdom depended mainly for their subsistence." But he added, "I will not assign to that cause too much weight. I will not withhold the homage which is due to the progress of reason, and to truth, by denying that my opinions on the subject of Protection have undergone a change." This announcement was received in profound silence from the Ministerial benches, but with triumphant cheering from the Opposition. Protection, he said, was not a labourer's question. High prices did not produce high wages, nor vice versa. In the last three years, with low prices and abundance of food, wages were comparatively high, and labour was in demand. In the three years preceding, with high[522] prices and scarcity, wages were low and employment was scarce. Experience thus proved that wages were ruled by abundance of capital and demand for labour, and did not vary with the price of provisions. Again, increased freedom of trade was favourable to the prosperity of our commerce. In three scarce and dear years, namely, from 1839 to 1841, our foreign exports fell off from ��53,000,000 in value to ��47,000,000. But in three years of reduction of duties and low prices, namely, from 1842 to 1844, the value of our exports rose from ��47,000,000 to ��58,000,000. Even deducting the amount of the China trade, a similar result was shown. Nor was the reduction in the customs duties unfavourable to the revenue. In 1842 there was an estimated loss of ��1,500,000; in 1843 a smaller one of ��273,000; but in 1845 there was a reduction at an estimated loss to the revenue of no less than ��2,500,000. The total amount of the various reductions effected in three years exceeded ��4,000,000; and many of the duties were totally abolished; the loss, therefore, not being compensated by any increased consumption. Had ��4,000,000 been lost to the revenue? He believed that on the 5th of April next the revenue would be found to be more buoyant than ever. Sir Robert Peel referred to other proofs of prosperity resulting from reduced import duties, and then adverted to his own position, and declared that "he would not hold office on a servile tenure."

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THREE:After a rough passage the squadron arrived, at three in the morning, in Carrickfergus Road, about seven miles from Belfast. The water in the Channel was not deep enough for the Victoria and Albert, and the royal party went on board the Fairy tender, in which they rapidly glided up the lough, and anchored at the quay, where they landed in order to see the town. Loyal mottoes told, in every form of expression, the welcome of the inhabitants of the capital of Ulster. An arch of grand architectural proportions, richly decorated with floral ornaments and waving banners, spanned the High Street. Her Majesty visited the Queen's College and the Linen Hall. Although a flourishing city, Belfast had not then much to boast of architecturally, and therefore there was not much to be seen. The numerous mills about the town would remind the Queen more of Lancashire than of Ireland, giving her assurance by that same token that Ulster was the most industrious and most prosperous province of the Emerald Isle. If, in Cork, where O'Connell had been obeyed almost as Sovereign of the country, the Queen was hailed with such enthusiastic devotion, how intense must have been the loyal demonstrations in a town out of which the Repeal chief was obliged to fly secretly, to avoid being stoned to death."I have had great satisfaction in giving my assent to the measures which you have presented to me from time to time, calculated to extend commerce, and to stimulate domestic skill and industry, by the repeal of prohibitory and the relaxation of protective duties.

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THREE:He waited on Sir Spencer Compton with the royal command. This gentleman was confounded at the proposal to draw up the declaration to the Privy Council, and begged Walpole to do it for him. Walpole instantly recovered his spirits. He saw that such a man could never be his rival, and he advised his colleagues, if they went out of office, not to engage in any violent opposition, as they would soon be wanted again. He knew, too, that he had the queen in his favour, who was too clear-headed not to see that Walpole was alone the man for the time. To complete his favour with her he offered to procure her a jointure from Parliament of one hundred thousand pounds a year, whilst the impolitic Compton had proposed only sixty thousand pounds. The queen did not oppose the king's attempt to change the Ministry, but she impressed him with the danger of disturbing an already powerful and prosperous Cabinet, and she made him aware of the fact that Compton had been compelled to get Walpole to draw up the Declaration. Besides the liberal jointure which he promised she added that he intended to add one hundred thousand pounds to the Civil List. Horace Walpole, arriving from Paris, threw his whole weight into the scale, representing difficulties which must beset foreign negotiations in new hands. These combined circumstances told strongly on George; but the finish was put to Compton's government by his feeling overwhelmed by his own incompetence, and resigning the charge. The king had, therefore, nothing for it but to reappoint the old Ministry again. Some slight modifications took place. Lord Berkeley, who had joined the opposition of Carteret and Roxburgh, was replaced by Lord Torrington, and Compton received the title of Lord Wilmington, the Order of the Garter, and the Presidency of the Council. The coronation took place on the 11th of October, 1727.[See larger version]

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