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After the Painting by SEYMOUR LUCAS, R.A., in the National Gallery of British Art
TWO:ON THE EVENING OF THE BATTLE OF WATERLOO.
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THREE: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.[See larger version]

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    FORE:Lord Wellington did not give the retreating enemy much time for repose; within the week he was approaching Valladolid and Clausel was quitting it in all haste. On the 30th of July Wellington entered that city amid the enthusiastic acclamations of the people. In his haste, Clausel abandoned seventeen pieces of artillery, considerable stores, and eight hundred sick and wounded. The priests were preparing to make grand processions and sing a Te Deum in honour of Wellington's victories, as they had done at Salamanca; but he was much too intent on following up[28] his blows to stay. He was on his march the very next day. He re-crossed the Douro to advance against King Joseph Buonaparte, who had set out from Madrid to make a junction with Marmont, but on arriving at Arevalo Joseph had learnt with amazement of the French defeat, and diverted his march, with twenty thousand men, on Segovia, in order to reinforce Clausel. Wellington left a division to guard against Clausel's return from Burgos, whither the latter had fled, and, collecting provisions with difficulty, he marched forward towards Madrid. Joseph fell back as the British advanced. Wellington was at San Ildefonso on the 9th of August, and on the 11th issued from the defiles of the mountains into the plain on which Madrid stands. On the 12th he entered the capital amid the most enthusiastic cheersJoseph having merely reached his palace to flee out of it again towards Toledo. He had, however, left a garrison in the palace of Buon Retiro; but this surrendered almost as soon as invested, and twenty thousand stand of arms, one hundred and eighty pieces of ordnance, and military stores of various kinds were found in it. These were particularly acceptable; for it can scarcely be credited in what circumstances Wellington had been pursuing his victorious career. We learn this, however, from his dispatch to Lord Bathurst, dated July 28ththat is, very shortly before his arrival at Madrid. After declaring that he was in need of almost everything, he particularises emphatically: "I likewise request your lordship not to forget horses for the cavalry, and money. We are absolutely bankrupt. The troops are now five months in arrears, instead of being one month in advance. The staff have not been paid since February, the muleteers not since July, 1811; and we are in debt in all parts of the country. I am obliged to take the money sent to me by my brother for the Spaniards, in order to give a fortnight's pay to my own troops, who are really suffering from want of money."Whilst Prince Eugene had been labouring in vain to recall the English Government from its fatal determination to make a disgraceful peace, the Dutch envoy Van Buys had been equally active, and with as little success. The Ministers incited the House of Commons to pass some severe censures on the Dutch. They alleged that the States General had not furnished their stipulated number of troops both for the campaigns in the Netherlands and in Spain; that the queen had paid above three millions of crowns more than her contingent. They attacked the Barrier Treaty, concluded by Lord Townshend with them in 1709, and declared that it contained several Articles destructive to the trade and interests of Great Britain; that Lord Townshend was not authorised to make that treaty; and that both he and all those who advised it were enemies to the queen and kingdom. They addressed a memorial to the queen, averring that England, during the war, had been overcharged nineteen millions sterlingwhich was an awful charge of mismanagement or fraud on the part of the Whig Ministers. They further asserted that the Dutch had made great acquisitions; had extended their trade as well as their dominion, whilst England had only suffered loss. Anne gave her sanction to this address by telling the House that she regarded their address as an additional proof of their affection for her person and their attention to the interests of the nation; and she ordered her ambassador at the Hague, the new Earl of Strafford, to inform the States of these complaints of her Parliament, and to assure them that they must increase their forces in Flanders, or she must decrease hers.
    FORE:Pitt's expeditions were not particularly well arranged. Instead of sending an army of thirty or forty thousand to the Baltic, and calling on Russia to do the same, which she could have done, notwithstanding the army under the Emperor Alexander, he sent only about six thousand, and sent another eight thousand from Malta, to co-operate with twelve thousand Russians in a descent on the kingdom of Naples. This expedition might have been left till the success in the North was secured; in truth, it had better have been left altogether. When General Don and Lord Cathcart landed in Swedish Pomerania, and were joined by the king's German legion and some other German hired troops, our army amounted only to sixteen thousand men, the Swedes to twelve thousand, and the Russians to ten thousandaltogether, not forty thousand men. But what was worse than the paucity of numbers was the disunion amongst the commanders. Lord Harrowby was sent to Berlin, to endeavour to induce Prussia to join this coalition, but Prussia was well aware of the want of unity in the Allied Army, and, weighing probabilities, she could not be moved. The King of Sweden was so incensed at the cold, shuffling conduct of the King of Prussia, that he wrote him some very indignant and undiplomatic letters, which only furnished him with a further excuse for holding aloof. Gustavus, seeing no good likely to be done, resigned his command of the Allied Army, where, indeed, he had enjoyed no real command at all, and retired with his forces to Stralsund. This was a fatal exposition of want of unity, and it was not till three weeks were gone that the breach was healed. By this time it was the middle of November. Ulm had surrendered, Napoleon was master of Vienna, and Prussia was still watching what would be the fate of the coming battle between Napoleon and the Emperors of Austria and Russia. The union of the Allies came too late; the force was altogether too small to turn the scale of the campaign. Had Gustavus marched into Hanover a month earlier, with sixty thousand men, he might have rendered Austerlitz a nonentity; as it was, he had only time to invest Hameln, where Bernadotte had left a strong garrison, when the news of Austerlitz arrived, and caused the Allies to break up the campaign, and each to hurry off to his own country.The question of Catholic Emancipation was brought forward on the 3rd of May, by Grattan: it was the last time that he did so, but he had the satisfaction of seeing that the question was rapidly advancing, for it was lost by only two votes. A fortnight afterwards Lord Donoughmore introduced a similar motion, in the hope of surmounting this small difference, but, after a long debate, he found the majority increased against it by thirty-nine votes. The closing contest of the Session was for Parliamentary Reform. Sir Francis Burdett brought on his annual motion, on the 1st of July, for the eighteenth time, but was defeated by one hundred and fifty-three votes against fifty-eight. He was seconded by Mr. George Lamb, younger brother of Lord Melbourne, who, however, did not go the length of annual parliaments and universal suffrage. Even at that day, Joseph Hume was for moderate reform, and Lord John Russell was alarmed at anything further than Triennial Parliaments, and the transferring the franchise from certain corrupt boroughs to others not yet represented. Such were the feeble ideas of Reform amongst its self-constituted leaders. Parliament was prorogued, on the 13th of July, by the Prince Regent in person.
    FORE:Louis XVIII., having raised an army of thirty thousand men, thought that he could protect himself, and was anxious that France might be spared the expense of supporting the one hundred and fifty thousand men. Accordingly, one-fifth of the army was withdrawn in 1817. In the following year a Congress was held, in the month of September, at Aix-la-Chapelle, at which the Emperors of Russia and Austria and the King of Prussia attended; on the part of France, the Duke of Richelieu; and of Great Britain, the Duke of Wellington and Lord Castlereagh, when it was determined that a complete evacuation of France might and should take place by the 20th of November, when the three years terminated. At this Congress it was determined also that, besides the seven hundred million francs for the charges incurred by the Allied armies, another seven hundred millions should be paid in indemnification of damages to private individuals in the different countries overrun by France. These and other items raised the total to be paid by France for Napoleon's outbreak of the Hundred Days to about sixty million pounds sterling.
    FORE:Nor was this the whole extent of that wretched condition of the United States which would have attracted the vigilant attention of an able English commander, and have roused him into successful action. The greatest discontent prevailed in Congress against Washington. Gates and the northern army had triumphed over the entire British army there; but what had been the fate of Washington hitherto? Want of success had evoked a party in Congress against Schuyler, Sullivan, and himself: In this party Henry Lee and Samuel Adams were violent against him. They accused him of want of vigour and promptitude, and of a system of favouritism. Congress was wearied of his constant importunities and remonstrances. Gates, since the capture of Burgoyne, had assumed a particular hauteur and distance, and, there could be little doubt, was aspiring to the office of Commander-in-Chief. A new Board of War was formed, in which the opponents of Washington became the leading members. Gates and Mifflin were at its head, and Conway was made Major-General over the heads of all the brigadiers, and Inspector-General of the army. A system of anonymous letters was in action depreciating the character and services of Washington. But, whilst these elements of disunion and weakness were in full play, Howe slumbered on in Philadelphia, unobservant and, probably, ignorant of it all. The opportunity passed away. The intrigues against Washington were defeated as soon as they became known to his own army and the people at large, through the influence of the real esteem that he enjoyed in the public heart, especially as news had just arrived that friends and forces were on the way from France.
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THREE:When the Peers assembled on the 7th it became quite evident that in allowing the Bill to go into committee they were only practising a man?uvre. In the first place they wished to prevent the creation of peers, and in the second they were resolved to mutilate the Bill in committee. They were aware that they had the sympathy of the king in this plot, and that he would have been glad of their success, irritated as he was by the coercion and pressure put upon him by his Ministers. The first step was taken by Lord Lyndhurst, who proposed in committee to defer the consideration of the disfranchising clauses till the enfranchising clauses had been considered. "Begin," he said, "by conferring rights and privileges, by granting boons and favours, and not by depriving a portion of the community of the privileges which they at present enjoy." This ostentatious preference of boons and favours for the people, postponing disfranchisement to enfranchisement, ringing changes on the words, was a mere artifice, but it was at once seen through by the indignant people. Lord Grey and Lord Brougham promptly exposed the attempted imposition; the former hoped the noble lords would not deceive themselves. He would not say that the proposal was insidious, but its object was utterly to defeat the Bill. He declared that if the motion were successful it would be fatal to the whole measure. It would then be necessary for him to consider what course he should take. He dreaded the effect of the House of Lords opposing itself, as an insurmountable barrier, to what the people thought necessary for the good government of the country. The noble earl's warning was on this occasion disregarded. The House being in committee proxies could not be counted, and the amendment of Lord Lyndhurst was carried after an angry debatecontents, 151; non-contents, 116; majority, 35. This division put a sudden stop to the proceedings in committee. Lord Grey at once proposed that the chairman should report progress, and asked leave to sit again on the 10th. Lord Ellenborough endeavoured to dissuade him from this course, and proceeded to give a description of the measure which he was prepared to substitute for the Ministerial Bill, and which he presumed to hope would be satisfactory to the country. This was a critical moment in the destiny of England, and the awful nature of the crisis seemed to be felt by all present, except those who were blinded by faction. Lord Grey had now but one alternative, a large creation of peers or resignation. With a majority against him in the Lords so refractory, nothing could be done; but the king declined to create the fifty peerages which the Ministry demanded. Accordingly, on Wednesday,[350] the 9th of May, the resignation of the Ministers (and the king's acceptance of it) was formally announced by Lord Grey in the House of Lords, and by Lord Althorp in the House of Commons. Lord Ebrington immediately rose, and gave notice that he would next day move a call of the House, and then an Address to his Majesty on the present state of public affairs. In the course of the debate which ensued, attempts were made by Mr. Baring and Sir Robert Peel to excite sympathy for the Lords, as taking a noble stand against the unconstitutional pressure upon the king for the creation of peers, but in vain. Neither the House of Commons nor the country could be got to give them credit for any but the most selfish motives. They considered their obstinacy to be nothing better than the tenacity of the monopolists in power. Mr. Macaulay indignantly denounced their inconsistency in pretending that they wished to carry a measure of Reform. The influence of the Crown, always powerful, was visible in the division on Lord Ebrington's motion. The "ayes" were only 288 instead of the 355 that carried the third reading of the Reform Bill. There were evidently many defaulters; but woe to them at the next general election! Rigid scrutiny was instituted, and a black list made out of those who had deserted their constituents on this momentous question. In the meantime the most angry remonstrances came to absent members from their constituents. The motion, however, was carried by a majority of 80. It was evidently a relief to the king to get rid of the Whigs; and he knew so little of the state of public feeling as to suppose that a modified Reform measure, a mere pretence of Reform, would satisfy the country. He therefore sent for Lord Lyndhurst in order to consult him, assigning the reason, that being now Chief Baron, he was removed from the vortex of politics, although he had led the Opposition in their successful attack upon the Ministerial measure. The first thing Lord Lyndhurst did was to wait upon the Duke of Wellington and Sir Robert Peel, to both of whom he stated the views of the king. His Majesty insisted that some extensive measures of Reform should be carried. "My advice to the king," said the Duke, "was not to reappoint his late Ministry, nor was it to appoint myself. I did not look to any objects of ambition. I advised him to seek the assistance of other persons well qualified to fill the high situations of the State, expressing myself willing to give his Majesty every assistance, whether in office or out, to enable him to resist the advice which had been given him." The Premiership was offered to Sir Robert Peel, but he peremptorily declined to take such a perilous position, declaring that "no authority nor example of any man, nor any number of men, could shake his determination not to accept office, under existing circumstances, upon such conditions." On the 12th of May the Duke undertook to form an Administration, taking the post of Prime Minister himself. Mr. Manners Sutton was to be leader of the Commons, Lord Lyndhurst Chancellor, and Mr. Baring Chancellor of the Exchequer. For five days the courageous Duke was engaged in a desperate effort to form a Cabinet. But no sooner was it known throughout the country than a terrific storm of popular fury burst forth, which threatened to blow down the House of Peers and sweep away the Throne. The king, from being the popular idol, became suddenly an object of popular execration. The queen, who had also been a great favourite with the people, attracted a large share of the odium excited against the Court. It was understood that her influence had much to do in causing the king to desert Lord Grey, and to break faith with him with regard to the creation of peers. The king and queen were groaned at and hissed, and pursued with tremendous noises by the people, while passing through the town of Brentford. Dirt was hurled at the royal carriage; and if the military escort had not kept close to the windows, it is probable their majesties would have sustained personal injury. Along the road to London the people expressed their feeling in a similar manner; and when the carriage entered the Park the mob saluted their majesties with yells and execrations of every description.C'est le sort le plus beau, le plus digne d'envie!"

REVIVE YOUR WARDROBE WITH CHIC KNITS

THREE:On the 20th of January a Bill was introduced to the House of Lords for the naturalisation of the Prince. By this Act, which passed the next day through the House of Commons, the Prince was declared already exempt, by an Act passed in the sixth year of George IV., from the obligations that had previously bound all persons to receive the Lord's Supper within one month before exhibition of a Bill for their naturalisation. And the Bill was permitted to be read the second time without his having taken the oaths of Supremacy and Allegiance, as required by an Act passed in the first year of George I. But on the second reading in the House of Lords the Duke of Wellington objected that it was not merely a Bill[468] for naturalising the Prince, but that it also contained a clause which would enable him, "during the term of his natural life, to take precedence in rank after her Majesty in Parliament, and elsewhere as her Majesty might think fit and proper," any law, statute, or custom to the contrary notwithstanding. The Duke of Wellington stated that as the title of the Bill said nothing about precedence, the House had not received due notice of its contents; he therefore moved the adjournment of the debate. Lord Melbourne remarked that the omission was purely accidental and, in his opinion, of no importance; at the same time he admitted that this Bill did differ in form from other similar Bills, as it gave the Queen power to bestow on Prince Albert a higher rank than was assigned to Prince George of Denmark, or to Prince Leopold. But the reason for the difference was to be found in the relative situation of the parties. Lord Brougham, however, pointed out a practical difficulty that might possibly arise. According to the proposed arrangement, if the Queen should die before there was any issue from the marriage, the King of Hanover would reign in this country, and his son would be Prince of Wales. Prince Albert would thus be placed in the anomalous position of a foreign naturalised Prince, the husband of a deceased Queen, with a higher rank than the Prince of Wales. Lord Londonderry decidedly objected to giving a foreign Prince precedence over the Blood Royal. In consequence of this difference of opinion the debate was adjourned till the following week, when the Lord Chancellor stated that he would propose that power should be given to the Crown to allow the Prince to take precedence next after any Heir Apparent to the Throne. Subsequently, however, Lord Melbourne expressed himself so anxious that it should pass with all possible expedition, that he would leave out everything about precedence, and make it a simple Naturalisation Bill, in which shape it immediately passed.

REVIVE YOUR WARDROBE WITH CHIC KNITS

THREE:In England the Ministry was thrown into the utmost chaos and discord by the disastrous progress of the war on the Continent, and especially by the miserable result of the Walcheren expedition. One member of the Cabinet endeavoured to throw the blame on another, and the feud between Canning, the Minister for Foreign Affairs, and Lord Castlereagh, the Minister at War, grew deadly. Each accused the other of interfering and thwarting action, and so producing the lamentable consequences that ensued. A hot correspondence followed, in which Castlereagh charged Canning with privately insinuating to the other Ministers that Castlereagh should be dismissed, and Canning denied it. Between them, Lord Camden came into difficulty; for, though Canning had told Lord Camden, as Lord Castlereagh's relative, that one or other of them must resign, he declared that he did not mean this communication as secret, but as one that he expected Lord Camden would communicate to Lord Castlereagh. Castlereagh resigned, and then challenged Canning. Canning also resigned; and the duel was fought on the 22nd of September, on Putney[595] Heath, and Canning was wounded. The Duke of Portland, who was near his endhastened probably by these agitations and embarrassmentsalso resigned, and died a few days afterwards.

REVIVE YOUR WARDROBE WITH CHIC KNITS

THREE:At the head of the poets of this period stands Alexander Pope, who became the founder of a school which has had followers down to our own time. Pope was the poet of society, of art, and polish. His life was spent in London and in the country, chiefly between Binfield, in Windsor Forest, and Twickenham; and his poetry partakes very much of the qualities of that sceneryrich, cultivated, and beautiful, but having no claims to the wild or the sublime. He is opposed to poets like Milton and Shakespeare as pastures and town gardens are opposed to seas, forests, and mountains. In style he is polished to the highest degree, piquant, and musical; but, instead of being profound and creative, he is sensible, satiric, and didactic. He failed in "the vision and the faculty divine," but he possessed fancy, a moderate amount of passion, and a clear and penetrating intellect. He loved nature, but it was such only as he knewthe home-scenes of Berkshire and the southern counties, the trained and polished beauties in his gardens, the winding walks and grottoes at Twickenham. Mountains he had never seen, and there are none in his poetry. He was born in the year of the Revolution, and died in 1744, aged fifty-six; and, considering that he suffered from a feeble constitution and defective health, he was a remarkably industrious man. His pastorals appeared in Tonson's "Miscellany" when he was only twenty-one years old. Before this he had translated the first book of the "Thebais," and Ovid's "Epistle from Sappho to Phaon;" paraphrased Chaucer's "January and May," and the prologue to "The Wife of Bath's Tale." In two years after his "Pastorals" appeared his "Essay on Criticism" (1711). "The Messiah" and "The Rape of the Lock" were published in 1712the year in which the "Spectator" died. "The Rape of the Lock" celebrated the mighty event of the clipping of a lock of hair from the head of Miss Belle Fermor by Lord Petre.[151] This act, adorned with a great machinery of sylphs and gnomes, a specimen of elegant trifling, enchanted the age, which would have less appreciated grander things, and placed Pope on the pinnacle of fame. In 1713 he published "Windsor Forest," a subject for a pleasant but not a great poem, yet characteristic of Pope's genius, which delighted in the level and ornate rather than the splendid and the wild. In 1715 appeared the first four books of his translation of Homer's "Iliad," which was not completed till 1720. This still continues the most popular translation of the great heroic poet of Greece; for although it is rather a paraphrase of this colossal yet simple poem, and therefore not estimated highly by Greek scholars who can go to the original, it has that beauty and harmony of style which render it to the English reader an ever-fascinating work. In 1717 appeared his "Epistle from Eloisa to Abelard," a poem displaying more passion than any other of Pope's writings, but too sensuous, and the subject itself far from well chosen. Next succeeded his "Odyssey" of Homer, in conjunction with Fenton and Broome, and in 1728 the first three books of "The Dunciad," in which he took a sweeping vengeance on the critics and poetasters of the time, who had assailed him fiercely on all sides, with John Dennis at their head. The vigour with which Pope wielded the satiric lash excited the wonder of the public, which had seen no such trenchant production hitherto in the language, and filled the whole host of flayed and scalded dunces with howls of wrath and agony. Pope was not sparing of foul language in his branding of others, and they were still more obscene and scurrilous in their retorts. It is questionable whether they or Pope felt the most torture; for, so far from silencing them, they continued to kick, sting, and pelt him with dirt so long as he lived. So late as 1742 he published a fourth book of the satire, to give yet one more murderous blow to the blackguard crew. Besides this satire, he modernised an edition of Donne's Satires, and produced his "Essay on Man," his "Epistle on Taste," his "Moral Essays," and other poems, down to 1740. His "Essay on Man," "Moral Essays," etc., display shrewd sense, and a keen perception of the characteristics of human nature and of the world; yet they do not let us into any before unknown depths of life or morals, but, on the contrary, are, in many particulars, unsound. In fact, these productions belong by no means to poetry, of which they exhibit no quality, and might just as well have been given in prose. On the whole, Pope is a poet whose character is that of cleverness, strong intellect, carefully-elaborative art, much malice, and little warmth or breadth of genuine imagination. He reflects the times in which he lived, which were corrupt, critical, but not original, and he had no conception of the heavens of poetry and soul into which Milton and Shakespeare soared before him, and Keats, Shelley, Coleridge, Wordsworth and Tennyson in our time have wandered at large.
THREE:The Battle of Rosbach raised the fame of Frederick wonderfully all over Europe. He soon roused himself, however, for fresh efforts. Whilst he had been thus engaged on the Saale, the Austrians had again overrun Silesia, defeating the Prussians under the Duke of Bevern, storming the great fortress of Schweidnitz, and making themselves masters of Breslau, the capital. In spite of his reduced numbers and the advancing winter, Frederick immediately directed his march towards Silesia, gathering reinforcements as he went, so that by the 5th of December, just one month from the Battle of Rosbach, he came up with Prince Charles of Lorraine and Marshal Daun at Lissa, a small village near Breslau, and with forty thousand men encountered and defeated nearly seventy thousand Austrians, killing and wounding twenty-seven thousand of them, taking above fifty standards, one hundred cannon, four thousand waggons, and much other spoil. This battle at once freed Silesia from the Austrians, who trooped over the mountains in all haste, and left the victorious king to close this unexampled campaign.
THREE:The distress which had pressed so severely on the people, and which had set them thinking about the most perilous political changes, was intimately connected with the state of the country. Throughout the troubled period of almost incessant war and lavish expenditure between 1797 and 1815, the business of the nation was carried on with an inconvertible paper currency, the precious metals having nearly all departed from the country. Bank notes were issued in such quantities, to meet the exigencies of the Government, that the prices of all commodities were nearly doubled. The Bill which was passed in 1819 providing for the resumption of cash payments had reduced the currency from 48,278,070, which was its amount in 1819, to 26,588,000, in 1822. The consequence was the reduction of prices in the meantime, at the rate of fifty per cent., in all the articles of production and commerce. With this tremendous fall of prices, the amount of liabilities remained unchanged; rents, taxes, and encumbrances were to be paid according to the letter of the contract, while the produce and commoditiesthe sale of which was relied upon to pay themdid not produce more than half the amount that they would have brought at the time of the contracts. The evil of this sudden change was aggravated by the South American Revolution, in consequence of which the annual supply of the precious metals was reduced to a third of its former amount. It was peculiarly unfortunate that this stoppage in the supply of gold and silver occurred at the very time that the Legislature had adopted the principle that paper currency should be regarded as strictly representing gold, and should be at any moment convertible into sovereigns. A paper currency should never be allowed[238] to exceed the available property which it represents, but it is not necessary that its equivalent in gold should be lying idle in the coffers of the Bank, ready to be paid out at any moment the public should be seized with a foolish panic. It is enough that the credit of the State should be pledged for the value of the notes, and that credit should not be strained beyond the resources at its command. The close of 1822 formed the turning-point in the industrial condition of the country. The extreme cheapness of provisions, after three years of comparative privation, enabled those engaged in manufacturing pursuits to purchase many commodities which they had hitherto not been able to afford. This caused a gradual revival of trade, which was greatly stimulated by the opening of new markets for our goods, especially in South America, to which our exports were nearly trebled in value between 1818 and 1823, when the independence of the South American Republics had been established. The confidence of the commercial world was reassured by the conviction that South America would prove an unfailing Dorado for the supply of the precious metals. The bankers, therefore, became more accommodating; the spirit of enterprise again took possession of the national mind, and there was a general expansion of industry by means of a freer use of capital, which gave employment and contentment to the people. This effect was materially promoted by the Small Note Bill which was passed in July, 1822, extending for ten years longer the period during which small notes were to be issued; its termination having been fixed by Peel's Bill for 1823. The average of bank-notes in circulation in 1822 was 17,862,890. In November of the following year it had increased by nearly two millions. The effect of this extension of the small note circulation upon prices was remarkable. Wheat rose from 38s. to 52s., and in 1824 it mounted up to 64s. In the meantime the bullion in the Bank of England increased so much that whereas in 1819 it had been only 3,595,360, in January, 1824, it amounted to 14,200,000. The effect of all these causes combined was the commencement of a reign of national prosperity, which burst upon the country like a brilliant morning sun, chasing away the chilling fogs of despondency, and dissipating the gloom in the popular mind.During this year little was done in America. General Bradstreet defeated a body of the enemy on the River Onondaga, and, on the other hand, the French took the two small forts of Ontario and Oswego.
THREE:He immediately made use of the opportunity with great skill. In his reply he urged that Fox was announcing a doctrine destructive of the Constitution; that he was denying the right by which Parliament had placed the present family on the throne, and he asserted that the Prince of Wales had no more natural right to assume the regency than any other individual. This led to the severest censures of the Premier by Burke, who declared that Pitt was making himself a dictator, and changing the succession to the regal power in England from hereditary to elective. The same doctrine was announced and combated in the Lords; but there, though Thurlow was silent, waiting to see how matters would go before he hazarded an opinion, Loughborough boldly supported Fox's doctrine, and declared that had the derangement of the king taken place during the non-existence of Parliament, the prince undoubtedly would have been warranted in issuing writs and summoning one. On the 15th of December the Duke of York and his uncle, the Duke of Gloucester, both spoke on the question, expressing their sense of the inexpediency of pressing the delicate question of right, and stating that Parliament could proceed to invest the Prince of Wales with the powers of the regency without waiting, as they certainly could not appoint any one else. Thurlow had by this time found that he had no chance with the Whigs, and he now, with unblushing assurance, took the part of Pitt, though every one knew why he had been hanging back till this moment. He declared that he could not see how Parliament could avoid coming to some conclusion on the question of right, seeing that it had been raised. At the same time, he made a most pretendedly pious defence of the rights of the king against the prince and the Whigs, exclaiming"When I forget my king, may God forget me!" John Wilkes, who was standing in a knot of spectators near the throne, and within a few feet of Thurlow, expressed his disgust at this duplicity in his characteristically vigorous fashion.
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    GREENWICH HOSPITALJEDBURGH ABBEY. (After the Painting by Sir George Reid, P.R.S.A.)Spain and Portugal are so bound together by natural sympathy that they generally share the same vicissitudes. Bad feeling had arisen between the national party and the Government in consequence of the appointment of Prince Ferdinand, the husband of the queen, to be commander-in-chief of the army. Other causes increased the popular discontent, which was at its height when the public was electrified by the news of the Spanish Revolution. The Ministers were obliged to make concessions; but, besides being inadequate, they were too late. The steamboat from Oporto was loaded with opposition members, who were received with the most enthusiastic demonstrations of welcome. On the 9th of September the clubs had everything arranged for a revolution, and a mixed array of troops of the line, ca?adors, and National Guards, proclaimed the Constitution adopted by John VI.; and, having sung a constitutional hymn, they appointed a deputation, headed by Viscount Sa Bandiera, to wait upon Queen Donna Maria. She had first contemplated resistance, but the army would not act against the people. The National Guards were in possession of the city, having occupied the Rocio Square in Lisbon all night, and in the morning they were informed that the queen had yielded to their wishes, appointing a new Ministry, with Bandiera at its head. Some of the most obnoxious of the ex-Ministers took refuge from popular vengeance on board the ships of the British squadron lying in the Tagus. Most of the peers protested against the Revolution; but it was an accomplished fact, and they were obliged to acquiesce.In Canada the management of the war was more successful. To maintain the war in that quarter, Congress had ordered nine regiments to be raised. One of these was to be raised in Canada itself, and for this purpose a commission was given to Moses Hazen, who had formerly been a captain of rangers, under Wolfe. He was not, however, very successful. The Canadians were not to any extent disaffected to the British Government, and by no means well affected to the New Englanders, who were bitterly bigoted against Catholics, which the Canadians chiefly were. When Hazen and Arnold saw that the Canadians would neither enlist nor bring provisions to their camps, without cash payment, they commenced plundering for all that they wanted, and thus confirmed that people in their hatred of the Americans. They, moreover, insulted the Canadians by ridiculing their rites of worship.The progress of our manufactures was equally satisfactory. At the commencement of this period that great innovator and benefactor, the steam-engine, was produced. The idea thrown out by the Marquis of Worcester, in his "Century of Inventions," in 1663, had been neglected as mere wild theory till Savery, in 1698, constructed a steam-engine for draining mines. This received successive improvements from Newcomen and Crawley, and further ones from Brindley in 1756, and Watt extended these at the end of this period, though this mighty agent has received many improvements since. Navigable canals, also, date their introduction by the Duke of Bridgewater, under the management of Brindley, from the latter end of this period, 1758. Other great men, Arkwright, Compton, Hargreaves, etc., were now busily at work in developing machinery, and applying steam to it, which has revolutionised the system of manufacture throughout the world. In 1754 the Society of Arts and Manufactures was established.
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