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THREE:

THREE:

THREE:The English now began to contemplate taking the Cape of Good Hope from the Dutch. General Johnstone was dispatched in April with five ships of the line, some frigates, and smaller vessels, having on board General Medows and three regiments for this purpose; but encountering Admiral Suffren in the way, after an indecisive action, Johnstone fell in with and took a Dutch East Indiaman of great value, and learned through it that Suffren had managed to reach the Cape and give the alarm, and that the Cape was put into strong defence. Johnstone, therefore, made for Saldanha Bay, where he learned that a number of other Dutch East Indiamen were lying. Four of these he secured; the rest were run ashore by their commanders and burnt. During the autumn both Dutch and French suffered much from the British on the coasts of Coromandel and the island of Sumatra. They also took from the Dutch Negapatam, Penang, and other places.The best excuse for George II.'s apparent sluggishness was, that the French were now so closely pressed by concentrating armies. Prince Charles of Lorraine and the Austrians were pressing De Broglie so hotly that he was glad to escape over the Rhine near Mannheim; and Noailles, thus finding himself between two hostile armies, followed his example, crossed over the Rhine to Worms, where, uniting with Broglie, they retreated to their own frontier at Lauter, and thus the Empire was cleared of them. The Emperor Charles now suffered the fate which he may be said to have richly deserved. He was immediately compelled to solicit for peace from Austria through the mediation of George of England and Prince William of Hesse. But Maria Theresa, now helped out of all her difficulties by English money and English soldiers, was not inclined to listen to any moderate terms, even when proposed by her benefactor, the King[86] of England. The Emperor was down, and she proposed nothing less than that he should permanently cede Bavaria to her, or give up the Imperial crown to her husband. Such terms were not to be listened to; but the fallen Emperor finally did conclude a treaty of neutrality with the Queen of Hungary, by which he consented that Bavaria should remain in her hands till the conclusion of a peace. This peace the King of England and William of Hesse did their best to accomplish; and Carteret, who was agent for King George, had consented that on this peace England should grant a subsidy of three hundred thousand crowns to the Emperor. No sooner, however, did the English Ministers receive the preliminaries of this contract, than they very properly struck out this subsidy, and the whole treaty fell to the ground.

THREE:"When corn is at 59s., and under 60s., the duty at present is 27s. 8d. When corn is between those prices, the duty I propose is 13s. When the price of corn is at 50s. the existing duty is 36s. 8d., increasing as the price falls; instead of which I propose, when corn is at 50s. that the duty shall only be 20s., and that that duty shall in no case be exceeded. At 56s. the existing duty is 30s. 8d.; the duty I propose at that price is 16s. At 60s. the existing duty is 26s. 8d.; the duty I propose at that price is 12s. At 63s. the existing duty is 23s. 8d.; the duty I propose is 9s. At 64s. the existing duty is 22s. 8d.; the duty I propose is 8s. At 70s. the existing duty is 10s. 8d.; the duty I propose is 5s. Therefore it is impossible to deny, on comparing the duty which I propose with that which exists at present, that it will cause a very considerable decrease of the protection which the present duty affords to the home grower, a decrease, however, which in my opinion can be made consistently with justice to all the interests concerned."