TWO:Whilst these events had been taking place in Spain and Portugal, Great Britain had been sending money and troops to oppose Buonaparte in other quarters. Early in the spring Austria was in the field; in July a powerful fleet, carrying an army, sailed from the Downs, to create a diversion on the coast of the Netherlands, and other operations were commenced in the south of Italy. The army destined for the Netherlands amounted to forty thousand men, attended by a fleet of thirty-five sail of the line and twenty frigates, to assist where they might be needed. Buonaparte had contemplated making a great port of Antwerp, and had expended much money and labour in docks and fortifications there; but finding that the port of Antwerp was not deep enough for first-rate ships of war, he undertook to render Flushing capable of receiving and protecting a large fleet. He still contemplated, by the co-operation of Denmark and Russia, the sending forth a fleet, some day, which might cope with the British navy, or enable him to invade England. For this purpose he was building ships at Antwerp and Flushing; and it was, no doubt, these circumstances which determined the British to direct their attack on Flushing and Antwerp. Captain, afterwards Sir George Cockburn, was of opinion that these preparations of Napoleon could never affect England; that no possession of Zealand, or any part of it, could be kept by England, from its extreme unhealthiness to foreigners, and even to Dutchmen; and that it was much better for Britain to let Buonaparte build ships, and take them whenever they came out to sea, than to sacrifice the lives of our troops for no permanent benefit in this region of bogs, stagnant water, and malaria. Had these forty thousand troops been sent to support Wellington, and half the money that this fatal expedition cost, they would have enabled him to drive the French triumphantly out of Spain, and create the most magnificent diversion for Austria, as well as the most honourable to England.
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THREE:Levis, who knew that his success depended on forestalling any English arrivals, lost no time in throwing up trenches and preparing batteries. Had the river continued closed, Quebec must soon have reverted to the French; but, on the 11th of May, the English were rejoiced to see a frigate approaching, and this, only four days after, was followed by another frigate and a ship of the line. These, commanded by Lord Colville, immediately attacked and destroyed or drove on shore the French flotilla, and at that sight Levis struck his tents and decamped as rapidly as he came, leaving behind him his baggage and artillery. Nor was the Marquis de Vaudreuil left long undisturbed at Montreal. The three expeditions, which had failed to meet the preceding summer, were now ordered to converge on MontrealAmherst from Lake Ontario, Haviland from Crown Point, and Murray from Quebec. Amherst had been detained at Oswego by an outbreak of the Cherokees against us. This native tribe had been friendly to us, and we had built a fort in their country, and called it Fort Loudon, after Lord Loudon; but in the autumn of 1759 they had been bought over by the French, and made a terrible raid on our back settlements, murdering and scalping the defenceless inhabitants. Mr. Lyttelton, the Governor of South Carolina, marched against them with a thousand men, and compelled them to submission; but no sooner had he retired than they recommenced their hostilities, and Amherst sent against them Colonel Montgomery, with one thousand two hundred men, who made a merciless retaliation, plundering and burning their villages, so as to impress a sufficient terror upon them.
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TWO:William IV. then sent for the veteran Grey, who formed a Ministry with unusual ease, chiefly of the Whig and Canningite elements. His chief difficulty was how to dispose of the volatile Brougham. The king had no objection to accept him as one of the Ministers, and Brougham himself wished to be Master of the Rolls, assuming that Sir John Leech was to become Lord Chancellor of Ireland, with a peerage, and that Mr. Plunket was to be Lord Chancellor of England. To this arrangement, however, the king and Lord Grey peremptorily objected. Brougham was then offered the Attorney-Generalship, which he calmly refused, upon which Lord Grey declared that his hopes of being able to form an Administration were at an end, and he waited on his Majesty for the purpose of communicating to him the failure of his negotiations. "Why so?" inquired the king. "Why not make him Chancellor? Have you thought of that?" The answer was, "No; your Majesty's objection to the one appointment seemed to preclude the other." "Not at all, not at all," replied the king; and the reasons for one appointment and against the other were very clearly stated by his Majesty, namely, that Brougham as Master of the Rolls and member for Yorkshire would be far too powerful. Mr. Brougham was left in the dark for some time about the intentions of Lord Grey, for on the 17th of November he said he had nothing to do with the Administration, except in the respect he bore them, and as a member of the House. On the 19th he presented petitions, and spoke on them in the Commons, without intimating any change of position. Hence it may easily be supposed that he surprised the world, as well as his friends, by suddenly appearing on November the 22nd in the House of Lords as Lord Chancellor of England. This was certainly a high office to which he was elevated, and for which the exigencies of party made him necessary; but, in accepting it, he sacrificed a great position which seemed to gratify all the desires of intellectual ambition; and, in order to induce his compliance, Lord Grey was obliged to appeal to his generous sympathies, his public spirit, and his devotion to his party. Lord Brougham and Vaux became, said a wag, "Vaux et praeterea nihil."
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TWO:But the Allies had only fallen back behind the Elbe, and taken up a strong position at Bautzen, on the Spree, about twelve leagues from Dresden, whilst an army under Bülow covered Berlin. No sooner did the Allies fall back to the right bank of the Elbe than Davoust attacked Hamburg on the 9th of May with five thousand men, and vowed vengeance on the city for having admitted the Allies. To their surprise the citizens found themselves defended by a body of Danes, from Altona, who were the allies of France, but had been just then thinking of abandoning Napoleon. But the fate of the battle of Lützen changed their views, and they retired in the evening of that day, leaving Hamburg to the attacks of the French. Bernadotte, not having received the promised reinforcements, did not venture to cover Hamburg. Davoust entered the place like a devil. He shot twelve of the principal citizens, and drove twenty-five thousand of the inhabitants out of the city, pulled down their houses, compelling the most distinguished men of the town to work at this demolition and at raising the materials into fortifications. The people had long been subjected by the French to every possible kind of pillage and indignity; no women, however distinguished, had been allowed to pass the gate without being subjected to the most indecent examinations. But now the fury of the French commander passed all bounds. He levied a contribution of eighteen millions of dollars: and not satisfied with that, he robbed the great Hamburg bank, and declared all his doings to be by orders of the Emperor.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.