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"Doctor said air was best[313]
  • TWO:Besides the general compact, there was a particular one, which engaged that, should England and France remain at war on the 1st of May, 1762, Spain should on that day declare war against England, and should at the same time receive possession of Minorca. The existence of these compacts was kept with all possible secrecy; but Mr. Stanley penetrated to a knowledge of them in Paris, and his information was fully confirmed from other sources. If these, however, had left any doubt, it would have been expelled by the receipt of a French memorial through M. Bussy, to which a second memorial on Spanish affairs was appended. Pitt received the proposition with a tone of indignation that made it manifest that he would suffer no such interference of a third partywould not yield a step to any such alliance. He declared, in broad and plain terms, that his majesty would not permit the affairs of Spain to be introduced by France; that he would never suffer France to presume to meddle in any affairs between himself and Spain, and that he should consider any further mention of such matters as a direct affront. A similar message was dispatched to the Earl of Bristol in Spain, declaring that England was open to any proposals of negotiation from Spain, but not through the medium of France. This was, in fact, tantamount to a defiance to both France and Spain, and would undoubtedly have put an end to all further negotiation had there not been a purpose to serve. The Spanish treasure ships were yet out at sea on their way home. Any symptoms of hostility would insure their capture by the British, and cut off the very means of maintaining a war. General Wall, therefore, concealed all appearance of chagrin; admitted that the memorial had been presented by France with the full consent of his Catholic majesty, but professed the most sincere desire for the continuance of peaceful relations.

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  • TWO:On the arrival of peace the fall of agricultural prices ruined great numbers who had pushed their speculations and land purchases beyond their legitimate means; but the Corn Laws again buoyed up both farmers and landlords, and the progress of improvement continued. Draining strong lands, manuring light ones with lime and marl, and the introduction of artificial grasses, added incalculably to the produce of the country. Turnips enabled the farmer to maintain his cattle and sheep in high condition during the winter, and the introduction of the Swedish turnip and mangel-wurzel extended this advantage till rye, rye-grass, sainfoin, and clover became plentiful. Before the end of the reign rentals had doubled, and lands, even in hilly districts, where it had been supposed that nothing but oats would grow, and where the reapers were often obliged to shake the snow from the corn as they cut it, were seen producing good wheat, and, from the better system of husbandry, at a much earlier period of autumn.

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  • TWO:The retired Ministers showed for the most part a very hostile attitude, and Pulteney denounced the new Ministry as a "German Ministry." Walpole, for a little time, affected a liberal conduct, declaring, when the Supply of two hundred and fifty thousand pounds was voted, that, as he had before spoken in its favour, he should now vote in its favour, and would show by his proceedings that he had never intended to make the king uneasy, or to embarrass his affairs. But it was not in Walpole's nature to maintain this air of temperance long. He was as violent in opposition as he was able and zealous in office. Whether in or out of office, he was, in fact, equally unscrupulous. He very soon joined himself to Shippen, Wyndham, Bromley, and the other violent opponents of the reigning family; so that Shippen himself ere long said exultingly that he was glad to see that Walpole was no longer afraid of being styled a Jacobite.WASHINGTON AT VALLEY FORGE, BY THE CAMP FIRE. (See p. 247.)

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THREE:[See larger version]
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THREE:On the 6th of May Burke had brought forward a measure for the benefit of his long-oppressed country, to the effect that Ireland should enjoy the privilege of exporting its manufactures, woollen cloths and woollens excepted, and of importing from the coast of Africa and other foreign settlements all goods that it required, except indigo and tobacco. The Irish were to have the additional privilege of sending to England duty-free, cotton-yarns, sail-cloth, and cordage. Parliament, for once, looked on these demands with favour. They recollected that the Americans had endeavoured to excite disaffection amongst the Irish by reference to the unjust restrictions on their commerce by the selfishness of England, and they felt the loss of the American trade, and were willing to encourage commerce in some other direction. Lord Nugent co-operated with Burke in this endeavour. But the lynx-eyed avarice of the English merchants was instantly up in arms. During the Easter recess, a host of petitions was[254] got up against this just concession. The city of Bristol, which was represented by Burke, threatened to dismiss him at the next election, if he persisted in this attempt to extend commercial justice to Ireland; but Burke told them that he must leave that to them; for himself, he must advocate free trade, which, if they once tried it, they would find far more advantageous than monopoly. They kept their word, and threw him out for his independence. At the same time, the English merchants, as they had always done before by Ireland, triumphed to a great extent. They demanded to be heard in Committee by counsel, and the Bills were shorn down to the least possible degree of benefit.Sir Robert Walpole was not a man, with his huge standing majority, to be readily frightened from his purpose. On the 14th of March, 1733, he brought forward his project in a speech in which he put forth all his ability, and that under a well-maintained air of moderation. He took advantage of the alarm that the tax was to be general, by representing the falsity of that declaration, and the very slight and limited nature of his real proposal. Adverting to what he called the common slander of his having intended to propose a general excise, he said: "I do most unequivocally assert that no such scheme ever entered my head, or, for what I know, the head of any man I am acquainted with. My thoughts have been confined solely to the duties on wine and tobacco; and it was the frequent advices I had of the shameful frauds committed in these two branches that turned my attention to a remedy for this growing evil. I shall for the present confine myself to the tobacco trade." He then detailed the various frauds on the revenue in tobacco, which he stated were of such extent and frequency, that the gross average produce of the tax was seven hundred and fifty thousand pounds.[63] but the nett average only a hundred and sixty thousand pounds. The remedy which he proposed was to transfer this revenue from the Customs to the Excise. That the same might afterwards be applied to wine, a system of warehousing for re-exportation or placing in bond was proposed, which, he said, "would tend to make London a free port, and, by consequence, the market of the world." He held out the expectation that the success of this plan would render the land tax unnecessary, and thus enable the Government to dispense with it entirely.
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THREE:This conviction of all Europe that the ambition of Buonaparte would swell till it burst in ruin, quickly received fresh confirmation. The trans-Rhenish provinces of Holland did not form a proper frontier for him. He immediately gave orders to form Oldenburg, Bremen, and all the line of coast between Hamburg and Lübeck, into additional Departments of France, which was completed by a Senatus Consultum of the 13th of December of this year. Thus the French empire now extended from Denmark to Sicily; for Naples, though it was the kingdom of Joachim Murat, was only nominally so; for the fate of the kingdom of Holland had dissipated the last delusion regarding the reality of any separate kingdom of Napoleon's erection. Italy, Jerome's kingdom of Westphalia, the Grand Duchy of Bergnow given to the infant son of Louisall the territories of the Confederation of the Rhine, and Austria itself were really subject to Buonaparte, and any day he could assert that dominion. More than eighty millions of people in Europe owned this quondam lieutenant of artillery as their lord and master, whose will disdained all control. No such empire had existed under one autocrat, or under one single sceptre, since the palmiest days of the Roman supremacy. Denmark retained its nominal independence only by humbly following the intimations of the great man's will. And now Sweden appeared to add another realm to his vast dominions; but, in reality, the surprising change which took place there created a final barrier to[6] his progress in the North, and became an immediate cause of his utter overthrow. The story is one of the most singular and romantic in all the wonderful events of the Napoleonic career.
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FORE:The year 1797 was opened by the suspension of cash payments. The Bank of England had repeatedly represented to Pitt, as Chancellor of the Exchequer, that his enormous demands upon it for specie, as well as paper money, had nearly exhausted its coffers and could not long be continued. The payment of our armies abroad, and the advances to foreign kings, were necessarily made[455] in cash. The Government, in spite of enormous taxation, had already overdrawn its account eleven million six hundred and sixty-eight thousand eight hundred pounds, and the sole balance in the hands of the Bank was reduced to three million eight hundred and twenty-six thousand eight hundred and ninety pounds. Pitt was demanding a fresh loan for Ireland, when a message came from the Bank to say that, in existing circumstances, it could not be complied with. Thus suddenly pulled up, the Privy Council was summoned, and it was concluded to issue an order for stopping all further issue of cash, except to the Government, and except one hundred thousand pounds for the accommodation of private bankers and traders. Paper money was made a legal tender to all other parties, and the Bank was empowered to issue small notes for the accommodation of the public instead of guineas. A Bill was passed for the purpose, and that it might not be considered more than a temporary measure, it was made operative only till June; but it was renewed from time to time by fresh Acts of Parliament. The system was not abolished again till 1819, when Sir Robert Peel brought in his Bill for the resumption of cash payments, and during the whole of that time the depreciation of paper money was comparatively slight. 8.00 - 10.00 | JUN 09,2014

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FORE:On this basis Mr. Vansittart, the Chancellor of the Exchequer, on the 9th of June, produced his Budget. Including the interest on the Debt, the whole annual expenditure amounted to seventy-six million, seventy-four thousand poundsan ominous peace expenditure. Instead, therefore, of the supplies, aided by the draft from the Sinking Fund, leaving a surplus of two million pounds, a fresh loan of twelve million poundsbesides the three million pounds of new taxes on malt, tobacco, coffee, cocoa, tea, British spirits, pepper, and foreign wool was needed. By the hocus-pocus of Exchequer accounts this was made to look like a reduction of the Debt instead of an increase of it; but the country saw with dismay that three years after the peace the incubus of past war was still[145] adding to its burden. Mr. Tierney, on the 18th, moved for a committee to inquire into the state of the nation, but this was negatived by three hundred and fifty-seven votes against one hundred and seventy-eight; and a motion of Sir Henry Parnell on the 1st of July for extensive retrenchments was got rid of in the same manner. 9.00 - 10.00 | FEB 15,2014

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FORE: 11.00 - 10.00 | JUN 10,2014

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Before this great measure had passed, Pitt had introduced his Budget. On the 30th of June he made his financial statement. He said that the resources of the country were in a very burthened and disordered state; but that was not his work, but the work of his predecessors. The outstanding arrears, owing to the late war, were already ascertained to amount at least to fourteen million pounds. These operated very injuriously on the public credit, being at a discount of from fifteen to twenty per cent.; and that without greatly[308] affecting the public securities, he should not be able to find more than six million six hundred thousand six hundred pounds of them at once. To meet the interest, he proposed to raise taxes to the amount of nine hundred thousand pounds a year. The impostssome entirely new, and some augmentedwere on hats, ribbons, gauzes, coals, saddle and pleasure horses, printed linens and calicoes, candles, paper, and hackney coaches; licences to deal in excisable commodities, bricks, and tiles; licences for shooting game.[398]With Lord Eldon, however, he held different language, complaining bitterly of the difficulties in which the Ministers had involved him. He is represented as struggling desperately in meshes from which he found it impossible to extricate himself; and, as usual with weak minds, he threw all the blame of his misery on others. In reference to an interview, Lord Eldon remarks: "I was not sent for afterwards, but went on Thursday, the 9th of April, with more addresses. In the second interview, which began a little before two o'clock, the king repeatedlyand with some minutes intervening between his repeated declarations, musing in silence in the interimexpressed his anguish, pain, and misery that the measure had ever been thought of, and as often declared that he had been most harshly and cruelly treatedthat he had been treated as a man whose consent had been asked with a pistol pointed to his breast, or as obliged, if he did not give it, to leap down from a five-pair-of-stairs window. What could he do? What had he to fall back upon?" After relating much more in the same strain, Lord Eldon adds: "Little more passed, except occasional bursts of expression, 'What can I do? What can I now fall back upon? What can I fall back upon? I am miserable, wretched. My situation is dreadful; nobody about me to advise with. If I do give my consent, I will go to the baths after all, and from thence to Hanover. I'll return no more to England. I'll make no Roman Catholic peers; I will not do what this Bill will enable me to do. I'll return no more. Let them get a Catholic king in Clarence! [I think he also mentioned Sussex.] The people will see that I did not wish this.' There were the strongest appearances, certainly, of misery. He more than once stopped my leaving him. When the time came that I was to go, he threw his arms around my neck, and expressed great misery. I left him at about twenty minutes or a quarter before five. I certainly thought when I left him that he would express great difficulty, when the Bill was prepared for the Royal Assent, about giving it." The writer adds, sarcastically:"I fear that it seemed to be given as a matter of course." Next day, Lord Eldon wrote to his daughter: "The fatal Bill received the Royal Assent yesterday afternoon. After all I had heard in my visits, not a day's delay. God bless us and His Church." At Windsor, on the 13th of April, the king pronounced over the Bill that he so hated the words"Le Roy le veult."
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