FORE:Another dishonourable characteristic of the Ministers of Queen Anne at this period was that they were in secret zealous partisans of the Pretender, and whilst openly professing a sacred maintenance of the Protestant succession, were doing all in their power to undermine it. They had given mortal offence to the Elector George of Hanover, the heir to the Throne, by their treachery to the Allies; and, as the health of the queen was most precarious from her excessive corpulence and gout, which was continually menacing a retreat to her stomach, this was equally a cause for their hastening the peace, however disgracefully, and for paving the way, if possible, for the return of the Pretender at the queen's death. Bolingbroke was the great correspondent with St. Germains, as his letters in the Stuart Papers abundantly show. But Oxford, although always more cunning and mysterious, was equally concerned in it; nor was the queen, if we may believe these remarkable papers, by any means averse from the succession of the Pretender, in spite of his stubborn adhesion to Popery. The Jacobite party was numerous, powerful, and indefatigable. They were in the Ministry and in both Houses of Parliament. At this moment a public appointment was made which filled the Whigs with consternation and rage. This was no other than that of the Duke of Hamiltona supposed partisan of the Pretenderto be Ambassador to the Court of Versailles. Prior was still there, and had all the requisites of a clever and painstaking Envoy; but, being only a commoner and a poet, it did not suit the aristocratic notions of England that he should be accredited Ambassador. Hamilton was appointed, and would thus have had the amplest opportunity of concerting the return of the Stuarts with the base ministers at home. But he was not destined to see Versailles,[9] for, as readers of Thackeray's "Esmond" will remember, he was killed in a duel by Lord Mohun.On the 12th of February, 1823, the President of the Board of Trade said, in his place in Parliament:"The general exports of the country in the four years from 1815 to 1819 had decreased 14,000,000 in official value; and he took the official value in preference to the declared, because it was from the quantity of goods produced that the best measure was derived of the employment afforded to the different classes of the community. In the year from the 5th of January, 1819, to the 5th of January, 1820, the exports of the country fell off no less than 11,000,000; and in looking at that part of it which more completely embraced British or Irish manufacture, he found that the difference in four years was 8,414,711; and that in the year from the 5th of January, 1820, to the 5th of January, 1821, there was a decrease of 8,929,629. Nobody, therefore, could be surprised that, at that period, the industry of the country appeared to be in a state of the utmost depression; that our manufacturers were most of them unemployed; that our agriculturists were many of them embarrassed; and that the country, to use the phrase of a friend of his in presenting a petition from the merchants of London, 'exhibited all the appearances of a dying nation.' Though the condition of the agricultural interest was not as favourable as he could wish, still it was most satisfactory for him to state that not only did the exports of last year [1822] exceed those of all the years to which he had been alluding, but also those of the most flourishing year which had occurred during the continuance of the war. In all material articles there had been a considerable increase. The export of cotton had increased ten per cent., and hardware seventeen per cent.; of linens twelve per cent., and of woollens thirteen per cent.; and the aggregate exports of 1822 exceeded those of 1820 by twenty per cent., and of 1821 by seven per cent., notwithstanding a deduction was to be made from the exports of one great article, sugar, owing to a prohibitory decree of Russia, amounting to thirty-five per cent." The result of this prosperous state of things was that, in 1823, the new Chancellor of the Exchequer was enabled to present the best and most popular Budget that had been laid before Parliament for many years, remitting a large amount of taxes that had pressed most heavily on the springs of industry, and inflicted the greatest amount of inconvenience and privation upon the people. The revenue of the nation in that year was 57,000,000, and the expenditure was estimated at 49,672,999, leaving a surplus of upwards of 7,000,000. Of this surplus, 5,000,000 was set aside for the reduction of the National Debt, and the remainder for the remission of taxes. As the assessed taxes were most oppressive, they were reduced fifty per[239] cent., a reduction which was estimated on the window tax alone at 1,205,000. On the whole, the assessed taxes were reduced by 2,200,000. This included 100,000, the total amount of assessed taxes in Ireland. In England the whole of the window tax was removed from the ground floors of shops and warehouses.
