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FORE:On the 18th of April Lord John Russell moved that the House should go into committee on the Bill, stating that he proposed to make certain alterations in the details of the measure, but none affecting its principles. General Gascoigne then moved that it should be an instruction to the committee that the number of members composing the House of Commons ought not to be reduced. The motion was seconded by Mr. Sadler, and resisted by Lord Althorp, who declared that the object of the motion was to destroy the Bill. It was nevertheless carried, after an animated debate, by a majority of eight against the Government. Ministers had been placed in a position of peculiar difficultythey had to humour the king's vanity and love of popular applause, in order to prevent his becoming sulky, and refusing to consent to a dissolution, which they felt to be inevitable. They had also to proceed with great caution in dealing with the Opposition, lest, irritated by the threat of dissolution, they should resolve to stop the supplies, it being impossible to dissolve Parliament in the present state of the estimates. They had been fortunate enough, however, to guard against this danger. On the 23rd of March supply had been moved, and a large portion of the army estimates voted. On the 25th Sir James Graham moved portions of the navy estimates, and on the same night the Civil List was provided for. Further supplies of various kinds having luckily been granted, on the 30th the House was adjourned for the Easter holidays, till the 12th of April.Before this, however, the financial statement for the year had been made, and for awhile the Corn Law question was suspended for the country to recover from its astonishment at finding in the Minister of the Conservative party one of the boldest reformers of our tariff who had ever occupied the Ministerial benches. But yesterday his position had appeared one of the greatest difficulty, in which a cautious hold upon the established sources of revenue, with some well-balanced proposals for additional taxes, was all that could be expected. He had not the good fortune of Mr. Goulburn or Lord Althorp in having a surplus to dispose of. The Whig Government had bequeathed to their successors a deficit, which had been increasing from year to year, with a revenue falling off even in the face of new taxes. How[488] was the deficit to be met was the question which filled the mouths of public men; a question which was answered by the famous financial statement of Sir Robert Peel on the 11th of March. After showing that the deficiency for the coming year would be little short of 2,500,000, and that this deficiency might be expected to be considerably augmented by the position of affairs in India and China, the Minister declared that he would not consent to resort to the miserable expedient of continual loans. He declared that he would not attempt to impose burdens upon the labouring classes, and that if he did, recent experience had shown that they would be defeated. In fact, the country had arrived at the limits of taxation upon articles of consumption. After ridiculing the various suggestions of people who were constantly sending him projects for taxes on pianofortes, umbrellas, and other articles, accompanied with claims of very large percentages upon the proceeds, he acknowledged the principle laid down by financiers that increased revenue may be obtained by taking off the taxes which pressed upon industry, but declared that the first effect was always a diminution in revenue, and that time was found necessary to restore the amount. In these circumstances, he stated what the measure was which, under a deep conviction of its necessity, he was prepared to propose, and which, he was persuaded, would benefit the country, not only in her pecuniary interests, but in her security and character. His scheme was this: he proposed, for a period to be limited, an income tax of not more than 3 per cent., from which he would exempt all incomes under 150, and in which he would include not only landed but funded property. Sir Robert Peel calculated that the tax would yield 3,350,000 a year, a sum which, with an addition to the spirit duties in Ireland, and an export duty of 4s. on coals, would not only cover the existing deficiency, but enable him to remit indirect taxes to the amount of 1,200,000. The sliding scale had brought little credit to the Minister, and the income tax was in its nature an unpopular measure; but the proposal to reduce the custom duties on 750 out of the 1,200 articles in the tariffto remove prohibitions altogether (in itself a vast concession to Free Trade doctrines)to reduce the duties on raw materials of manufactures to five per cent. or lessto keep the duties on articles partially manufactured under twelve per cent., and on articles wholly manufactured under twenty per cent., was a scheme which excited general admiration. The measure was, indeed, contested by the Whig Opposition at every stage. The preliminary resolutions were debated for eight nights. There were many of Sir Robert Peel's old supporters who looked on the financial plan with distrust, as being founded, in a great measure, avowedly on those principles of political economy which they had been accustomed to sneer at; but, in truth, it was not unfavourable to the interests of their party. We have already seen that the new taxat least, if a temporary onewas calculated to impose a far greater burden upon the manufacturing and moneyed class than upon the landowners; in fact, by exempting incomes under 150 a year, and assessing land only upon its net rental, the burden was imposed almost entirely upon that middle class which was the especial object of the dislike of Tories of the more advanced kind. At the same time, by cheapening articles of general consumption, the Minister did something towards securing popularity among the working classes, who, as exemplified in the Chartist agitation, were not always disposed to take part against the landowners. The Income Tax Bill passed, after considerable opposition in the Commons. An amendment proposed by Lord John Russell was rejected by a vote of 302 to 202, and another amendment, proposing the reading of the Bill on that day six months, having been thrown out on the 18th of April by a vote of 285 to 188, the third reading was carried by a majority of 130 on the 30th of May. No debate took place in the Lords until the third reading, when the Bill passed by a majority of 71.
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FORE:To assist the Governor-General, the British Government had sent out Sir Eyre Coote in 1780 to the scene of his former fame, not only as Commander of the Forces in place of Clavering, but also as member of Council. Coote usually supported Hastings in the Council, but he greatly embarrassed him by the insatiable spirit of avarice which had grown upon him with years; and in making arrangements with the Nabob of Oude and others to supply the means of accommodation to the old commander, Hastings largely augmented the grounds of his future persecutions. The war with the Mahrattas and the announcement of the speedy arrival of a French armament on the coast of Coromandel induced the Company's old enemy, Hyder Ali, to think it a good opportunity to recover some of his territory from the Company. He saw that the present opportunity was most favourable for taking a signal revenge on the English. For years he had concerted with the French a grand plan for the destruction of the British power; and even whilst he remained quiet, he was preparing with all his energies for its accomplishment. He had squeezed his treasurers and collectors to the utmost for the accumulation of money, and mustered an army of nearly ninety thousand men, including twenty-eight thousand cavalry and two thousand artillery and rocketmen, besides four hundred engineers, chiefly French. Hyder suddenly poured down from his hills with this host into the plains of Madras. To the last moment the authorities there appear to have been wholly unconscious of their danger. Besides this, the army in the presidency did not exceed six thousand men, and these were principally sepoys. This force, too, was spread over a vast region, part at Pondicherry, part at Arcot, part in Madras, but everywhere scattered into cantonments widely distant from each other, and in forts capable of very little defence. As for the forces of their ally, the Nabob of Arcot, they ran at the first issue of Hyder's army through the ghauts. On came the army of Hyder like a wild hurricane. Porto Novo on the coast, and Conjeveram near Trichinopoli, were taken; and Hyder advanced laying all waste with fire and sword, till he could be seena dreadful apparitionwith his host from Mount St. Thomas, his progress marked by the flames and smoke of burning villages.
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