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The silk trade received a great impulse by the erection of a silk-mill at Derby, in 1719, by John Lombe and his brothers. Lombe had smuggled himself into a silk-mill in Italy, as a destitute workman, and had then copied all the machinery. To prevent the operation of this new silk factory in Englandwhich was worked by a water-wheel on the river Derwent, had 97,746 wheels, movements, and individual parts, and employed three hundred personsthe King of Sardinia prohibited the exportation of the raw material, and thus, for a time, checked the progress of the manufacture. Parliament voted Sir Thomas Lombe[167] 14,000 as a compensation for loss of profits thus occasioned, on condition that the patent, which he had obtained for fourteen years, should expire, and the right to use the machinery should be thrown open to the public. By the middle of this period our silk manufactures were declared superior to those of Italy, and the tradesmen of Naples recommended their silk stockings as English ones. In 1755 great improvements were introduced by Mr. Jedediah Strutt in the stocking-loom of Lee.JOSEPH HUME.The success of the Scottish courts in sentencing Reformers encouraged the Ministers to try the experiment in England; but there it did not succeed so well. First, one Eaton, a bookseller, of Bishopgate, was indicted for selling a seditious libel, called "Politics for the People; or, Hog's-wash." On the 2nd of April, Thomas Walker, a merchant of Manchesterwas, with six others, indicted at the Lancaster assizes; but Eaton, in London, and these Manchester men, were acquitted. Rather irritated than discouraged by these failures, Pitt and Dundas made a swoop at the leaders of the Corresponding Society, and the Society for Constitutional Information in London; and, in the month of May, Horne Tooke, John Thelwalla celebrated political lecturerThomas Hardy, Daniel Adams, and the Rev. Jeremiah Joyceprivate secretary to the Earl of Stanhope, and tutor to his son, Lord Mahonwere arrested and committed to the Tower on a charge of high treason. No sooner was this done, than, on the 12th of May, Dundas announced to the House of Commons that, in consequence of the Government having been informed of seditious practices being carried on by the above-named societies, they had seized their papers, and he now demanded that a committee of secrecy should be appointed to examine these papers. This was agreed to; and on the 16th Pitt brought up the report of this committee, which was so absurd in its results that nothing but the most blind political desperation could have induced the Government to make it known. The committee found nothing amongst these papers but the reports of the societies since the year 1791, which had been annually published and made known to every one. Yet on this miserable evidence Pitt called for the suspension of the Habeas Corpus Act, and it was accordingly granted, Burkewho now seems to have grown quite politically mad by dwelling on the horrors of the French Revolutionbelieving it the only measure to insure the safety of the country. Windham and others asserted that the mere suspension of the Habeas Corpus Act was hardly[430] sufficient: there required yet more stringent measures. Similar language was held in the Lords, but did not pass without some severe comments from the Duke of Bedford, and the Lords Stanhope, Lauderdale, and Albemarle, who declared that Ministers, instead of suppressing, were creating a veritable reign of terror. The Bill was, notwithstanding, readily passed; and on the 13th of June an Address was carried to his Majesty, expressing the determination of their lordships to punish the men who had been concerned in the so-called conspiracy. Fox and Lambton condemned this course energetically in the Commons, declaring that, if there were any conspiracy, the ordinary laws and tribunals were amply sufficient for their punishment. Fox moved that all that part of the Address which expressed a conviction of the existence of a conspiracy should be struck out, but it was carried entire; and such was the alarm of the country at the reverses of the Allies on the Continent and the successes of France, that far more violent measures would have been readily assented to.
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THREE:Sir James Yeo, greatly disappointed, put Sir George Prevost and his troops over to Kingston again, and then proceeded to the head of the lake, to reinforce General Vincent. Dearborn, as soon as he heard of this junction, fled along the lake shore to Fort George, where he shut himself up in a strongly-entrenched camp with about five thousand men. There Vincent, however, determined to attack him, but once more he was met by the curse of an incompetent appointment. Major-General Rottenburg had been made Governor of Upper Canada, and assumed the command over the brave Vincent, only to do nothing.
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BY: ADMIN | 05.01.2013

TWO:The winter of 1836-7 was marked by great commercial activity, and a strong tendency to over-trading, chiefly on the part of the banks. The result was a reaction, and considerable monetary embarrassment. In the reckless spirit of enterprise which led to these consequences, the American houses took the lead. The American speculators indulged an inordinate thirst for gain by land jobs, and over-trading in British produce. The most remarkable examples of this were afforded by three great American houses in London, called "the three W.'s." From an account of these firms, published in June, 1837, it appeared that the amount of bills payable by them from June to December, was as follows: Wilson and Co.,[411] 936,300; Wigan and Co., 674,700; Wildes and Co., 505,000; total acceptances, 2,116,000. This was upwards of one-sixth of the aggregate circulation of the private and joint-stock banks of England and Wales, and about one-eighth of the average circulation of the Bank of England. The shipments to America by Wigan and Co. amounted to 1,118,900. The number of joint-stock banks that started into existence at this time was remarkable. From 1825 to 1833 only thirty joint-stock banks had been established. In that year the Charter of the Bank of England being renewed, without many of the exclusive privileges it formerly enjoyed, and the spirit of commercial enterprise being active, joint-stock banks began to increase rapidly. There was an average of ten new companies annually, till 1836, when forty-five of these establishments came into existence in the course of ten months. In Ireland there were ten started in the course of two years. The consequence of this greatly increased banking accommodation produced a wild spirit of commercial adventure, which collapsed first in America, where the monetary confusion was unexampledbankers, importers, merchants, traders, and the Government having been all flung into a chaos of bankruptcy and insolvency. This state of things in America had an immediate effect in England. Discounts were abruptly refused to the largest and hitherto most respectable houses of Liverpool and London. Trade, in consequence, became paralysed; prices suddenly dropped from thirty to forty per cent.; and the numerous share bubblesthe railway projects, the insurance companies, the distillery companies, the cemetery companies, the sperm oil, the cotton twist, zoological gardens, and other speculationswhich had floated on the pecuniary tide, all suddenly collapsed, and there was an end to the career of unprincipled adventurers. It is satisfactory, however, to observe that the sound commerce of the country soon recovered the shock thus given; and in less than two years the pecuniary difficulties had passed away. Commerce had resumed its wonted activity, and flowed steadily in legitimate channels. The American banks resumed payment, and the three great American houses, which had involved themselves to such an enormous extent, were enabled to meet all their liabilities.

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BY: ADMIN | 05.01.2013

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THREE:Pitt dead, there remained a difficulty of no ordinary kind in the construction of a new Cabinet. Various persons were applied to to fill the arduous post of prime minister, who all declined, knowing the powerful opposition which would be arrayed against them by coalescing parties. Amongst these were Lord Hawkesbury, Sidmouth, and the Marquis Wellesley, who had just returned from India. There was nothing for it, then, but to endeavour to diminish the opposition of all parties by bringing in some of all parties, and hence the construction of the Ministry of "All the Talents." Grenville assumed the helm as First Lord of the Treasury, and, of course, brought in Fox, notwithstanding the repugnance of the king. Fox became Secretary for Foreign AffairsFox, who had so long and so vehemently condemned the whole of Pitt's foreign policy. Sidmouth, though refusing the responsibility of the Premiership, accepted the office of Privy Seal; Lord Fitzwilliam became Lord President of the Council; Grey, now Lord Howick, First Lord of the Admiralty; Lord Moira, Master-General of the Ordnance; Lord Spencer, Secretary of State for the Home Department; Windham, Secretary for the Colonies; Lord Henry Petty, Chancellor of the Exchequer; Erskine, Lord Chancellor; and Sir Gilbert Elliot, now made Lord Minto, President of the Board of Control. Sheridan was not placed in the Cabinet, because he had not been found staunch to any party, and because, in his daily drunken fits, he was likely to disclose State secretsas if, said he, there were any secrets to be disclosed. Lord Auckland was made President of the Board of Trade, and Lord Temple Vice-President. Temple, also, was made joint Paymaster of the Forces with Lord John Townshend, and General Fitzpatrick Secretary at War. In the law departments, Lord Ellenborough, the Chief Justice of the King's Bench, had, though quite out of rule, a seat in the Cabinet; Pigott became Attorney-General, Sir Samuel Romilly Solicitor-General. The Duke of Bedford was enabled to gratify his dependents by being appointed Lord-Lieutenant of Ireland. Such was the Ministry of "All the Talents," amongst whom, however, did not appear Canning, who had more talent than three-fourths of them. It was clear that such a Ministry could not long hold together. There were scarcely two of them who did not cherish the most irreconcilable views. Fox, at the instigation of Francis, was desirous to call in question the proceedings of Lord Wellesley in India, and Lord Grenville was as resolute against it. Windham, Grenville, Fox, and Sidmouth held, every one of them, different notions of foreign policy. Fox and some others were advocates of Catholic emancipation; Sidmouth was utterly averse from it. Then, how were so many heads to find comfortable berths for their followers?

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THREE:By this treaty Parma and Tuscany were ceded in reversion to the infant Don Carlos; Sicily was to be made over to the Emperor, and, in exchange for it, Sardinia was to be given to Victor Amadeus of Savoy. As Sardinia was an island of so much less extent and value than Sicily, the succession to the Crown of Spain was guaranteed to the House of Savoy should Philip of Spain leave no issue. Three months were allowed for the King of Spain and the Duke of Savoy to come in, and after that, in case of their non-compliance, force was to be used to effect it. It was to avert such a result that Stanhope (now Secretary for the Southern Department, which included Foreign Affairs) made a journey to Spain, where he failed to make the slightest impression on Alberoni. Before setting out, however, Admiral Byng had been despatched to the Mediterranean with twenty-one ships of the line, and peremptory orders to attack the Spanish fleet whenever he should find it engaged in any hostile attempt against Sicily, Naples, or any other of the Emperor's possessions in the Mediterranean.

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THREE:The very name of Clive brought the war with Oude to a close. Sujah Dowlah was encamped on the borders of Bahar, strongly reinforced by bands of Mahrattas and Afghans, and anxious for another battle. But no sooner did he learn that Clive was returned, than he informed Cossim and Sombre that as he could no longer protect them, they had better shift for themselves. He then dismissed his followers, rode to the English camp, and announced that he was ready to accept such terms of peace as they thought reasonable. Clive proceeded to Benares to settle these terms. The council of Calcutta had determined to strip Sujah Dowlah of all his possessions, but Clive knew that it was far more politic to make friends of powerful princes. He therefore allowed Sujah Dowlah to retain the rank and title of vizier, and gave him back all the rest of Oude, except the districts of Allahabad and Corah, which had been promised to Shah Allum as an imperial domain. On Shah Allum, as Great Mogul, he also settled, on behalf of the Company, an annual payment of twenty-six lacs of rupees. Thus the heir of the great Aurungzebe became the tributary of the East India Company.On the 23rd of December the committee met again in Fishamble Street, and resolved to address the Prince Regent on the invasion of their right to petition, appointing a general committee to meet again in Dublin on the 28th of February, 1812. In January, and at the commencement of February, Earl Fitzwilliam introduced the consideration of the state of Ireland, and Lord Morpeth proposed the same subject to the Commons, but both motions were rejected.

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THREE:These party tactics were continued with unwonted heat by the Opposition on all occasions, till the House adjourned for three days, to meet again on the 29th, the Opposition revelling in large majorities, though they were aware that both the king and the House of Lords were adverse to them. But the country was also growing weary of this unsatisfactory position of things, and began to sympathise with the great patience of Pitt rather than the tumultuous conduct of Fox and his friends. Pitt, however, was strong in the assurance of the adhesion of the Crown and the peerage, and saw unmistakable signs of revulsion in the feeling of the public. The majorities of the Commons were becoming every time less, and on the 16th of February the Corporation of London had presented a strongly expressed address to the king, declaring its approval of the late dismissal of Ministers, and its opinion that the India Bill of Fox was an encroachment on the[306] prerogative of the Crown. Dr. Johnson also regarded it as a contest whether the nation should be ruled by the sceptre of George III. or by the tongue of Mr. Fox.During the year 1796 strong forces were sent to the West Indies, and the Island of Grenada was recovered by General Nichols; St. Lucia, by General Abercromby, whilst General Whyte conquered the Dutch settlements of Demerara, Berbice, and Essequibo; but some of these possessions were dearly purchased by the number of the troops who perished from the unhealthiness of their climate. The Dutch made an effort to recover the Cape of Good Hope. They were to have been assisted by the French in this enterprise, but their allies not keeping their engagement, they sailed alone, and reached Saldanha Bay on the 3rd of August, when Rear-Admiral Sir George Elphinstone surprised and captured the whole of their vessels, consisting of two sixty-four-gun ships, one fifty-four, five frigates and sloops, and a store-ship. A squadron then proceeded from the Cape to Madagascar, and destroyed a French settlement there, seizing five merchant vessels.

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The audacity of Buonaparte still further excited the indignation of the British Government. Under the name of consuls, he sent over to England and Ireland a number of military officers, whose real business was to act as privileged spies, to prepare plans of all the chief ports, with soundings, and an exact account of the winds with which vessels could go out or come in with most ease, and also at what draught of water the harbours might be entered by large vessels. These agents had been instructed to maintain the utmost secrecy as to their real objects, but they became known, and Ministers announced that any person coming in such a character to this country should be ordered instantly to quit it. Neither was the temper of the nation at all improved by the irritating proceedings of the French authorities on the coasts of France. A law had been passed by the Jacobins, in the most rabid time of the Revolution, condemning any vessel under a hundred tons burden found within four leagues of the French shores, having on board British merchandise. It was taken for granted that this decree was virtually annulled by the Peace of Amiens; but repeated seizures were now made of British merchant vessels driven by stress of weather on the French coasts, and the mere fact of having plates, knives, and forks for the crew, of British make, was used as a plea for confiscation of ships. It was in vain that remonstrances were made to the First Consul: they passed without notice. Such a peace it was evident could not last long. Napoleon was in a mood to brook no control from any quarter; he at this time showed how completely he would crush any creature who offended him when he had the power.[See larger version] Rt. Hon. Lodge Morris, made a peer.
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