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Had Sir Home Popham been satisfied with this well-executed piece of service, he would have merited honour; but, this being done, he suggested to Sir David Baird that an expedition might be made with advantage against the Spanish colonies in South America. It was reportednot truly, as it turned outthat these colonies were as poorly defended as they were wealthy. Sir David was weak enough to fall into the scheme, and, without any authority from home, as it would appear, for so important a proceeding, he permitted General Beresford to sail in Sir Home's squadron with a part of his forces. The fleet touched at St. Helena, and took in a few more soldiers, but the whole body did not then amount to more than sixteen hundred. With this contemptible handful of men, the British squadron entered the river La Plata, and landed the troops, on the 24th of June, at a short distance from Buenos Ayres. The few Spanish troops in the city were easily routed, and the place capitulated on the 27th, and Beresford entered and took up his quarters there. But he was not long left at peace. The Spaniards discovering, as a matter of course, the insignificance of the force which had thus rashly surprised the city, collected in sufficient numbers to make prisoners of them all. A French officer in the Spanish service, M. Liniers, landed with a thousand men from Monte Video and Sacramento, and, being joined by the troops of the neighbourhood which had been repulsed by Beresford, appeared before the city on the 10th of July, and summoned the British to surrender. This was the signal for the inhabitants to rise en masse and fall on them. They were prevented from escaping to their ships by the badness of the weather, and were assailed from the windows and doors, and exposed to a general attack in the great square, and were compelled to yield, on condition of being allowed to re-embark; but no sooner had they laid down their arms, than Liniers, who probably looked on them as no better than filibusters, treated them as such, and marched them up the country, where they were rigorously treated. Four hundred of them had perished in this mad attempt. Meanwhile, Sir Home Popham had sent home upwards of a million of dollars, reserving two hundred and five thousand for the pay of the army. There were great rejoicings in London at the news, and at the receipt of the specie. Popham, in his despatches, represented himself as having conquered a great colony, and opened up a wonderful mart for our manufactures; and the Ministry, delighted at the receipt of the dollars, though they had, on first hearing of the scheme, sent out orders to stop the squadron, now, on the 20th of September, issued an Order in Council declaring Buenos Ayres and its dependencies open to our trade. Long before this order could have reached America the whole scene was reversed. Sir Home Popham had, indeed, blockaded the river La Plata, and had attempted to bombard Monte Video, but his ships could not get near enough. In October reinforcements arrived from the Cape and from England, but not in sufficient strength to enable him to do anything decisive. He therefore contented himself with landing troops at Maldonado, and drove the Spaniards from the isle of Gorriti, where he lay to, and waited for greater reinforcements.

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FORE:
TWO:Napoleon marched triumphantly forwards towards Berlin. In Leipzic he confiscated British merchandise to the value of about three millions sterling. He entered Berlin on the 27th of October. As he traversed the field of Rossbach, where Frederick the Great had annihilated a French army, he ordered his soldiers to destroy the small column that commemorated that event. He took up his residence in the palace of the King of Prussia at Berlin. The wounded and blind Duke of Brunswick entreated of the conqueror that his hereditary State of Brunswick might be left him, but Buonaparte refused in harsh and insulting terms. Moreover, he ordered his troops to march on that territory and town, and the dying duke was compelled to be carried away on a litter by men hired for the purpose, for all his officers and domestics had deserted him. Buonaparte had a particular pleasure in persecuting this unhappy man, because he was brother-in-law to George III. and father-in-law to the heir to the British Crown; but he also wanted his dukedom to add to the kingdom of Westphalia, which he was planning for his brother Jerome. The duke's son requested of Buonaparte leave to lay his body in the tomb of his ancestors, but the ruthless tyrant refused this petition with the same savage bluntness, and the young duke vowed eternal vengeance, and, if he did not quite live to discharge his oath, his black Brunswickers did it at Waterloo.While these events were occurring in London, renewed signs of that terrible Irish difficulty which, in the end, played so prominent a part in hastening the conversion of the party who had opposed Free Trade, began to be forced upon the attention of public men. On the 6th of June the Limerick Reporter stated that at Listowel the state of the poor was awful and deplorable, potatoes being sixteen pence a stone, and there being no employment. One morning a boat, containing 560 barrels of oats, while waiting for the steamer at Garry Kennedy harbour, on its way to Limerick, was boarded by a large body of the populace, who possessed themselves of part of the grain. The police were sent for, but did not arrive in time to save the property. The Dublin Pilot reported that the people of Limerick, prompted by the cravings of hunger, had broken out in violent attacks on the flour stores and provision shops throughout the city, sparing none in their devastation. Flour was openly seized and distributed by the ringleaders among the populace. The crowd was at length dispersed by the military, and the mayor called a meeting of the inhabitants, to provide some means of meeting the distress. In the meanwhile, ten tons of oatmeal had been distributed among the most wretched, which was stated for the present to have satisfied their cravings. These things, it was remarked, took place while corn and flour, to the amount of four or five millions sterling, might, in a few weeks, be had in exchange for our manufactured goods.

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FORE:The Lords Justices having met, appointed Joseph Addison, afterwards so celebrated as a writer, and even now very popular, as their secretary, and ordered all despatches addressed to Bolingbroke to be brought to him. This was an intimation that Bolingbroke would be dismissed; and that proud Minister, instead of giving orders, was obliged to receive them, and to wait at the door of the Council-chamber with his bags and papers. As the Lords Justices were apprehending that there might be some disturbances in Ireland, they were about to send over Sunderland as Lord-Lieutenant, and General Stanhope as Commander-in-Chief; but they were speedily relieved of their fears by the intelligence that all had passed off quietly there; that the Lords Justices of Ireland, the Archbishop of Armagh, and Sir Constantine Phipps, who had been more than suspected of Jacobitism, had proclaimed the king on the 6th of August, and, to give evidence of their new zeal, had issued a proclamation for disarming Papists and seizing their horses. The proclamation of George passed with the same quietness in Scotland, and no king, had he been born a native, in the quietest times, could have succeeded to the throne more smoothly. Eighteen lords, chiefly Whigs, were nominated by the new king to act as a Council of Regency, pending his arrival, and the Civil List was voted by Parliament.The Attorney-General defied the enemies of the administration to point out a single instance in which the Viceroy had deviated from the line of strict impartiality, yet he was the object of most virulent attacks by the fanatical members of the Orange societies in Dublin, and by the Orange press. Their animosity was excited to the utmost by a proceeding which he adopted with reference to the statue of King William III. in College Green. For some years a set of low persons, connected with the Orange lodges, had been in the habit of bedaubing the statue with ridiculous painting and tawdry orange colours, with a fantastic drapery of orange scarves. The Catholics believed that this was done with the avowed purpose of insulting them, and they thought that they had as much right to undress as others had to dress a public statue. On one occasion, therefore, they painted King William with lampblack. Consequently, on the 12th of July, 1822, a serious riot occurred, in the course of which lives were endangered, the tranquillity of the metropolis was disturbed, and evil passions of the most furious kind were engendered in the minds of the parties. As the peace must be preserved, the only course was to put an end to those senseless brawls by ordering that no unauthorised parties should presume to put their hands on a public monument, either for the purpose of decorating or defiling it. But this judicious order the Orangemen felt to be a wrong, which should be resented and avenged by driving Lord Wellesley out of the country. Accordingly, certain members of the Orange Society, amounting to nearly one hundred, entered into a conspiracy to mob him in the theatre. They were supplied with pit-tickets, and assembling early at the door, they rushed in, and took possession of the seat immediately under the Viceregal box. Other parties of them went to the galleries. They agreed upon the watchword, "Look out." They had previously printed handbills, which were freely distributed in and about the theatre, containing insulting expressions, such as "Down with the Popish Government!" Before the Viceroy arrived, they had been crying for groans for the "Popish Lord-Lieutenant," for the house of Wellesley, for the Duke of Wellington. When the marquis arrived he was received with general cheering, that overbore the Orange hisses; but during the playing of the National Anthem the offensive noise became so alarming that some of the audience[248] left the theatre. At this moment a bottle was flung from one of the galleries, which was supposed to be aimed at the head of the Lord-Lieutenant, and which fell near his box.
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FORE:On the 8th of February Lord John Russell brought forward the paragraph of the Speech relating to agricultural distress, and moved for a select committee to inquire into the causes of the depression of the agricultural interest, although he confessed that he did not anticipate any satisfactory result from the investigation. In this the noble lord did not miscalculate, for after sitting for eight months the committee could not agree to any report, and all the benefit they conferred upon the public was an outline of the evidence which was laid before the House at the end of the Session. On the 9th and the 12th the same Minister submitted three measures to the House, which were passed into law this Sessionnamely, a Bill for the Commutation of Tithes in England; a Bill for a General Registration of Marriages, Births, and Deaths; and another for the amendment of the Law of Marriage. On the 16th of this month Mr. Hardy brought before the House of Commons the case of Mr. O'Connell and Mr. Raphael. The latter gentleman was one of the sheriffs of London, and he wished to represent an Irish constituency. Mr. O'Connell thought it was possible to get him in for the borough of Carlow; but he warned him that the expenses would be 2,000, and that this sum should be deposited in a bank as a preliminary, "say 2,000." It was alleged that this was a corrupt bargain, and Mr.[401] O'Connell was accused of selling a Parliamentary seat. Mr. Hardy, therefore, moved for a select committee to investigate the transaction. The committee was obtained, and the result was a complete acquittal of Mr. O'Connell. So strong, however, was the feeling against him that no less than sixty members of Brooks's Club resigned, having failed to procure his expulsion.
TWO:Long quotations are then given from the several reports of the Assistant Commissioners, showing that the feelings of the suffering labourers in Ireland are also decidedly in favour of emigration. They do not desire workhouses, it is said, but they do desire a free passage to a colony where they may have the means of living by their own industry. The Commissioners then declare that, upon the best consideration they have been able to give to the whole subject, they think that a legal provision should be made and rates levied for the relief and support of curable as well as incurable lunatics, of idiots, epileptic persons, cripples, deaf and dumb, and blind poor, and all who labour under permanent bodily infirmities; such relief and support to be afforded within the walls of public institutions; also for the relief of the sick poor in hospitals and infirmaries, and convalescent establishments; or by external attendance, and a supply of food as well as medicine, where the persons to be relieved are not in a state to be removed from home; also for the purpose of emigration, for the support of penitentiariesto which vagrants may be sentand for the maintenance of deserted children; also towards the relief of aged and infirm persons, of orphans, of helpless widows, and young children, of the families of sick persons, and of casual destitution. This report was not signed by all the Commissioners. Three of them set forth their reasons, in thirteen propositions, for dissenting from the principle of the voluntary system, as recommended by the report.

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FORE:The news of this astonishing cowardice of the soldiery caused great consternation in Paris. Lafayette and Rochambeau wrote complaining of Dumouriez and the Gironde Ministry; the Girondists accused the Jacobins of inciting the troops to this conduct; and the Jacobins blamed the incompetence of the Gironde. The king proceeded to dismiss his Girondist Ministry, and to rule with something like independence. In the early part of July it was known at the Tuileries that the Prussians, having joined the Austrians, had marched on Coblenz, to the number of eighty thousand men, all old soldiers of the great Frederick, and commanded by the Duke of Brunswick, the nephew of Frederick, who had won so much distinction in the Seven Years' War. Marshal Luckner, not deeming himself strong enough to resist this force, had retired upon Lille and Valenciennes. The Court was in high spirits; the queen told her ladies, in confidence, that the Allies would be in Paris in six weeks. The king wrote to the allied camp recommending moderation. In this moment of effervescence appeared the proclamation of the Duke of Brunswick as commander of the allied armies, and in the name of the allied monarchs. This proclamation arrived in Paris on the 28th of July, though it was dated Coblenz, July 25th. It was far from being of the reasonable nature which the king had recommended, and was calculated to do the most fatal injuries to his interests. It stated that the Emperor and the King of Prussia, having seen the manner in which the authority of the King of France had been overturned by a factious people, how his sacred person and those of his family had been subjected to violence and restraint, in which those who had usurped his Government had, besides destroying the internal order and peace of France, invaded the Germanic Empire, and seized the possessions of the princes of Alsace and Lorraine, had determined to march to his assistance, and had authorised himself, a member of the Germanic body, to march to the aid of their friend and ally; that he came to restore the king to all his rights, and to put an end to anarchy in France; that he was not about to make war on France, but on its internal enemies, and he called on all the well-disposed to co-operate in this object; that all cities, towns, villages, persons, and property would be respected and protected, provided that they immediately concurred in the restoration of order. He summoned all officers of the army and the State to return to their allegiance; all Ministers of Departments, districts, and municipalities were likewise summoned, and were to be held responsible, by their lives and properties, for all outrages and misdemeanours committed before the restoration of order; and all who resisted the royal authority, and fired on the royal troops or the Allies, should be instantly punished with all rigour, and their houses demolished or burned. Paris, in case of any injury done to the royal family, was to be delivered up to an exemplary and ever-memorable vengeance; that no laws were to be acknowledged as valid but such as proceeded from the king when in a state of perfect liberty.
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FORE:The state of Ireland continued to excite the greatest alarm from the prorogation of Parliament to the end of the year. The language of the speakers in the Association became more violent, and the harangues of the priests more inflammatory. In the counties of Tipperary and Limerick large bodies of men were accustomed to assemble on Sundays, and to parade in military order, carrying banners. These bands were regularly organised and admirably commanded. The Irish Government, from time to time, reported the progress of this formidable organisation. In one place as many as 700 "cavalry" would assemble, with thousands of infantry, and go through military evolutions. These were surrounded by thousands of the peasantry. Amongst the persons thus paraded were some of the most abandoned characters in the country, men who had notoriously been concerned in the perpetration of murder, and for the apprehension of whom large rewards had been offered in vain by the Government. These demonstrations, as might be expected, excited the greatest alarm among the Protestants of the south, as well as the peaceably disposed Roman Catholics. One ominous circumstance connected with them was the fact that the dissuasions of the priests against the meetings in military array were disregarded. Mr. Lawless, an active member of the Association, marched northward at the head of 10,000 Roman Catholics. In the county of Monaghan, the Orangemen, apprised of their approach, took possession of the town of Ballyhay in large numbers, prepared to encounter the southern invaders of Ulster. As the Orangemen were well armed, and excited to the utmost, a bloody battle would have ensued, had not Lawless beaten a timely retreat. Getting out of his carriage, and mounting a swift horse, he galloped off, amidst the indignant shouts of his followers.When the Peers assembled on the 7th it became quite evident that in allowing the Bill to go into committee they were only practising a man?uvre. In the first place they wished to prevent the creation of peers, and in the second they were resolved to mutilate the Bill in committee. They were aware that they had the sympathy of the king in this plot, and that he would have been glad of their success, irritated as he was by the coercion and pressure put upon him by his Ministers. The first step was taken by Lord Lyndhurst, who proposed in committee to defer the consideration of the disfranchising clauses till the enfranchising clauses had been considered. "Begin," he said, "by conferring rights and privileges, by granting boons and favours, and not by depriving a portion of the community of the privileges which they at present enjoy." This ostentatious preference of boons and favours for the people, postponing disfranchisement to enfranchisement, ringing changes on the words, was a mere artifice, but it was at once seen through by the indignant people. Lord Grey and Lord Brougham promptly exposed the attempted imposition; the former hoped the noble lords would not deceive themselves. He would not say that the proposal was insidious, but its object was utterly to defeat the Bill. He declared that if the motion were successful it would be fatal to the whole measure. It would then be necessary for him to consider what course he should take. He dreaded the effect of the House of Lords opposing itself, as an insurmountable barrier, to what the people thought necessary for the good government of the country. The noble earl's warning was on this occasion disregarded. The House being in committee proxies could not be counted, and the amendment of Lord Lyndhurst was carried after an angry debatecontents, 151; non-contents, 116; majority, 35. This division put a sudden stop to the proceedings in committee. Lord Grey at once proposed that the chairman should report progress, and asked leave to sit again on the 10th. Lord Ellenborough endeavoured to dissuade him from this course, and proceeded to give a description of the measure which he was prepared to substitute for the Ministerial Bill, and which he presumed to hope would be satisfactory to the country. This was a critical moment in the destiny of England, and the awful nature of the crisis seemed to be felt by all present, except those who were blinded by faction. Lord Grey had now but one alternative, a large creation of peers or resignation. With a majority against him in the Lords so refractory, nothing could be done; but the king declined to create the fifty peerages which the Ministry demanded. Accordingly, on Wednesday,[350] the 9th of May, the resignation of the Ministers (and the king's acceptance of it) was formally announced by Lord Grey in the House of Lords, and by Lord Althorp in the House of Commons. Lord Ebrington immediately rose, and gave notice that he would next day move a call of the House, and then an Address to his Majesty on the present state of public affairs. In the course of the debate which ensued, attempts were made by Mr. Baring and Sir Robert Peel to excite sympathy for the Lords, as taking a noble stand against the unconstitutional pressure upon the king for the creation of peers, but in vain. Neither the House of Commons nor the country could be got to give them credit for any but the most selfish motives. They considered their obstinacy to be nothing better than the tenacity of the monopolists in power. Mr. Macaulay indignantly denounced their inconsistency in pretending that they wished to carry a measure of Reform. The influence of the Crown, always powerful, was visible in the division on Lord Ebrington's motion. The "ayes" were only 288 instead of the 355 that carried the third reading of the Reform Bill. There were evidently many defaulters; but woe to them at the next general election! Rigid scrutiny was instituted, and a black list made out of those who had deserted their constituents on this momentous question. In the meantime the most angry remonstrances came to absent members from their constituents. The motion, however, was carried by a majority of 80. It was evidently a relief to the king to get rid of the Whigs; and he knew so little of the state of public feeling as to suppose that a modified Reform measure, a mere pretence of Reform, would satisfy the country. He therefore sent for Lord Lyndhurst in order to consult him, assigning the reason, that being now Chief Baron, he was removed from the vortex of politics, although he had led the Opposition in their successful attack upon the Ministerial measure. The first thing Lord Lyndhurst did was to wait upon the Duke of Wellington and Sir Robert Peel, to both of whom he stated the views of the king. His Majesty insisted that some extensive measures of Reform should be carried. "My advice to the king," said the Duke, "was not to reappoint his late Ministry, nor was it to appoint myself. I did not look to any objects of ambition. I advised him to seek the assistance of other persons well qualified to fill the high situations of the State, expressing myself willing to give his Majesty every assistance, whether in office or out, to enable him to resist the advice which had been given him." The Premiership was offered to Sir Robert Peel, but he peremptorily declined to take such a perilous position, declaring that "no authority nor example of any man, nor any number of men, could shake his determination not to accept office, under existing circumstances, upon such conditions." On the 12th of May the Duke undertook to form an Administration, taking the post of Prime Minister himself. Mr. Manners Sutton was to be leader of the Commons, Lord Lyndhurst Chancellor, and Mr. Baring Chancellor of the Exchequer. For five days the courageous Duke was engaged in a desperate effort to form a Cabinet. But no sooner was it known throughout the country than a terrific storm of popular fury burst forth, which threatened to blow down the House of Peers and sweep away the Throne. The king, from being the popular idol, became suddenly an object of popular execration. The queen, who had also been a great favourite with the people, attracted a large share of the odium excited against the Court. It was understood that her influence had much to do in causing the king to desert Lord Grey, and to break faith with him with regard to the creation of peers. The king and queen were groaned at and hissed, and pursued with tremendous noises by the people, while passing through the town of Brentford. Dirt was hurled at the royal carriage; and if the military escort had not kept close to the windows, it is probable their majesties would have sustained personal injury. Along the road to London the people expressed their feeling in a similar manner; and when the carriage entered the Park the mob saluted their majesties with yells and execrations of every description.
FORE:During the summer a French squadron stretched away across the Atlantic with six sail of the line, and finding our Newfoundland coasts almost wholly unprotected, destroyed and plundered the fishermen's huts and fishing stages, as well as their vessels, and then, returning, picked up a considerable number of our merchantmen at sea, and was lucky enough to make a retreat, by favour of a fog, through our watching squadrons, into Brest. After this clever exploit, they joined the great Brest fleet, which sailed for Ireland on the 15th of December. This consisted of no fewer than forty-three sail, seventeen of them of the line, four frigates, six corvettes and brigs, with six transports. On board the transports were twenty-five thousand men, who had been well tried in the war of La Vende, and abundance of arms and ammunition, as well as extra arms to put into the hands of the disaffected Irish, for to Ireland the armament was bound. General Hoche, who had terminated the Vendan war, was appointed to terminate all the woes of Ireland, and convert that sacred island into another French paradise. Besides Hoche, Generals Grouchy, Hombert, and Bruix were attached to the expedition. The fleet sailed out and anchored in Camaret Bay, but no British fleet was visible to intercept them. But no sooner did the armament put out to sea again the next day, than it was assailed by a tempest and the ships were driven different ways. One of them was forced immediately on the Grand Stenet rock, and wreckedout of one thousand four hundred souls on board only sixty were rescued. Seven ships of the line, and ten of the vessels commanded by Rear-Admiral Bouvet, managed to reach Bantry Bay on the 24th of December, but there the storms continued to batter them. There being no sign of an insurrection, and no other part of the fleet appearing, they sailed back and reached Brest on the 1st of January, 1797. When they were gone, another portion of the fleet arrived in Bantry Bay, but only to be tossed and driven about without rest, to lose several of the ships, and to put back again. As for Hoche, he never saw Ireland; the greater part of the fleet being driven about and swamped in the Channel. Of the forty-three sail, only thirty-one returned, and thousands of the soldiers were drowned in the foundering transports. Sir Edward Pellew, in the Indefatigable, of forty-four guns, and Captain Reynolds, in the Amazon, of thirty-six guns, fell in with the Droits de l'Homme, of seventy-four guns, and after a severe fight close in Audierne Bay, south of Ushant, left her a wreck aground, where, of the one thousand eight hundred men aboard, scarcely more than three hundred were saved, notwithstanding the greatest exertions of the British seamen to rescue them.
FORE:Warren Hastings was summoned to the bar, and there kneeling, the Lord Chancellor, Thurlow, intimated the charge against him, and assured him that, as a British subject, he would receive full justice from the highest British court. Hastings replied, in a clear and firm voice, that he had the highest confidence in the justice and integrity of that august court. The clerks of the court then commenced reading the charges against him, and the answers to them, and this reading occupied the whole of that day and the following one; and on the third, Burke rose to deliver his opening speech. This occupied the whole of four days, beginning on the 15th, and terminating on the 19th of February. The effect of that speech, notwithstanding its enormous length, was such as had scarcely ever been witnessed in a court of justice before. As he detailed the horrors practised by Hastings on the princes and people of India, both the orator and his audience were convulsed with terror and agitation. Ladies fainted away in the galleries; Mrs. Sheridan, amongst others, had to be carried out insensible: the faces of the strongest men, as well as of the more sensitive women, were flushed with emotion, or bathed in tears. In his peroration Burke far exceeded even himself. He appeared raised, enlarged into something ethereal by his subject, and his voice seemed to shake the very walls and roof of that ancient court. Finally, he exclaimed:"I impeach Warren Hastings, Esquire, of high crimes and misdemeanours. I impeach him in the name of all the Commons of Great Britain in Parliament assembled, whose parliamentary trust he has betrayed. I impeach him in the name of the people of India, whose laws, rights, and liberties he has subverted, whose properties he has destroyed, whose country he has laid waste and desolate. I impeach him in the name, and by virtue of those eternal laws of justice which he has violated. I impeach him in the name of human nature itself, which he has cruelly outraged, injured, and oppressed, in both sexes, in every age, rank, situation, and condition of life. And I conjure this high and sacred court to let not these proceedings be heard in vain." Such was the effect of this wonderful torrent of eloquence that Hastings himself said, "For half an hour I looked up at the orator in a reverie of wonder; and during that space I actually felt myself the most culpable man on earth; but I recurred to my own bosom, and there found a consciousness that consoled me under all I heard and all I suffered."Of course, the commercial changes introduced by Mr. Huskisson and Mr. Robinson excited loud murmurs of dissatisfaction from the interests affected, especially the shipping interest. But the best answer to objectors was the continuously flourishing state of the country. At the opening of the Session in 1825, Lord Dudley and Ward, in moving the Address in answer to the King's Speech in the Upper House, observed:"Our present prosperity is a prosperity extending to all orders, all professions, and all districts, enhanced and invigorated by the flourishing state of all those arts which minister to human comfort, and those inventions by which man obtains a mastery over nature by the application of her own powers, and which, if one had ventured to foretell a few years ago, it would have appeared almost incredible." This happy state of things was the result of a legitimate expansion of trade. Manufacturers and merchants were at first guided by a spirit of sober calculation. The steady advance in the public securities, and in the value of property of all sorts, showed that the national wealth rested upon a solid basis. The extension of the currency kept pace with the development of trade and commerce, and the circulation of bankers' paper was enormously increased. But out of the national prosperity there arose a spirit of rash speculation and adventure, resulting in a monetary crisis. The issue of notes by country banks was under no restriction; no measures were taken to secure that their paper represented property, and could be redeemed if necessary. There were hundreds of bankers in the provinces who could issue any quantity of notes they pleased, and these passed as cash from hand to hand. The spirit of speculation and enterprise was stimulated to a feverish degree of excitement by the recognition of the states of Colombia, Mexico, and Buenos Ayres, formally announced in the King's Speech on the 3rd of February, which said that treaties of commerce had been made with those new states. The rich districts of South America being thus thrown open, there was a rush of capitalists and adventurers to work its inexhaustible mines. A number of companies was formed for the purpose, and the gains of some of them in a few months amounted to fifteen hundred per cent. The result was a mania of speculation, which seized upon all classes, pervaded all ranks, and threw the most sober and quiet members of society into a state of tumultuous excitement. Joint-stock companies almost innumerable were established, to accomplish all sorts of undertakings. There were thirty-three companies for making canals and docks, forty-eight for making railroads, forty-two for gas, twenty insurance companies, twenty-three banking companies, twelve navigation packet companies, five indigo and sugar companies, thirty-four metal companies, and many others. The amount of capital subscribed in these various companies, which numbered two hundred and seventy-six, was upwards of 174,000,000. In connection with South America there was the Anglo-Mexican Company, the Brazilian, the Colombian, Real de Monte, and the United Mexican. On the South American shares only ten pounds each had been paid, except the Real de Monte, on which 70 had been paid. We may judge of the extent to which gambling speculation was carried from the following statement of the market prices of the shares, in five of the principal mining companies[243], at two periods, December 10th, 1824, and January 11th, 1825:
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FORE:It was not only in the wild and dreary west, always the most neglected part of Ireland, without resident gentry, without a middle class, without manufacturers, and almost without towns, that the desolating effects of the famine were felt. In Ulster, even in the best counties and most thriving manufacturing districts, where the people were intensely industrious, orderly, and thrifty, some of its worst horrors were endured. In the county of Armagh, where the very small farmers kept themselves in comfort by weaving linen in their own houses, they were obliged to work their looms by night as well as by day in order to keep hunger from their homes. They worked till, by exhaustion and want of sleep, they were compelled to lie down. Many of them were obliged to sell or pawn all their clothes. In many cases, and as a last resource, those stout-hearted Presbyterians had to sell their Bibles in order to purchase a meal of food for their children. A clergyman of the Church of England in that county wrote to the Committee of the Society of Friends that he had seen the living lying on straw by the side of the unburied dead, who had died three days before. Not only the aged and infirm, not only women and children, but strong men, he had known to pine away till they died of actual starvation. Strong, healthy girls became so emaciated that they could not stand or move a limb. He visited[540] houses, once comfortable homes, in which not an article of furniture remained. The poor-house of Lurgan was shut. Seventy-five persons died there in one day. In Armagh poor-house forty-five died weekly. The poor-houses became pest-houses, which sent forth the miasma of death into every parish, already full of dysentery and fever. The congregations in the various churches were reduced to almost nothing. Deaths occurred so rapidly that the Roman Catholic priest ceased to attend funerals in his graveyard. The most deplorable accounts came from Cork, and especially from Skibbereen, a remote district of that county. In December, 1846, Father Mathew wrote to Mr. Trevelyan, then Secretary of the Treasury, that men, women, and children were gradually wasting away. They filled their stomachs with cabbage-leaves, turnip-tops, etc., to appease the cravings of hunger. There were then more than 5,000 half-starved wretches from the country begging in the streets of Cork. When utterly exhausted they crawled to the workhouse to die. The average of deaths in that union were then over 100 a week. At Crookhaven the daily average of deaths was from ten to twelve; and as early as the first Sunday in September a collection was made to purchase a public bier, on which to take the coffinless dead to the grave, the means to procure coffins being utterly exhausted in that locality. Earlier still in Skibbereen numerous cases had occurred of the dead being kept for several days above ground for want of coffins. In some cases they were buried in the rags in which they died. Throughout the entire west of the county of Cork it was a common occurrence to see from ten to a dozen funerals in the course of the day during the close of 1846.Whilst this Bill was passing the Lords, on the 28th of March Lord Gower brought a fresh one into the Commons, which had no less object than the repeal of the Charter of Massachusetts. It was entitled, "A Bill for the Better Regulating Government in the Province of Massachusetts Bay." It went to remove the nomination of the members of the Council, of the judges and magistrates, etc., from the popular constituencies to the Crown. Lord North observed that the Charter of William III. had conferred these privileges on Massachusetts as exceptional to all other colonies, and that the consequence was that the Governor had no power whatever. Strong opposition was made to this proposed Bill by Dowdeswell, Sir George Savile, Burke, Barr, Governor Pownall, General Conway, and Charles Fox, who was now in opposition. The Bill passed the Commons by a majority of two hundred and thirty-nine against sixty-four; and it passed the Lords by a majority of ninety-two against twenty. But even now another Bill passed the House of Commonsa Bill for removing to another colony for trial any inhabitant of Massachusetts Bay, who was indicted for any murder or other capital offence which the Governor might deem to be perpetrated in the attempt to put down tumults and riots. This measure was still more vehemently opposed than the rest.

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Real de Monte 550 0 0 1,350 0 0[See larger version]Mr. Goulburn's financial statement was made on the 8th of May, 1844. It comprised some small reductions of taxation, and the foretaste of an important modification of the sugar duties. As a money account it was encouraging, and showed some progress in diminishing the disastrous effects of Whig finance. The past financial year had witnessed a gross surplus of revenue over expenditure of more than 4,000,000; or, after paying the deficiency of the previous year, 2,400,000; and after making other deductions there was, for the first time for many years, an available surplus, amounting to 1,400,000. The anticipated good effects of relieving industry from burdensome taxes had been more than realised. The estimate of the revenue had actually been exceeded by 2,700,000. The Budget, therefore, fully justified the policy of 1842; but the Chancellor of the Exchequer ventured only on a small and timid extension of the principles then laid down, with the reduction or abolition of duty on flint-glass, currants, wool, and some other minor matters. The abolition of the wool duty provoked new hostility to the impolitic duty on cotton. The concession to Free Trade principles was small; but the movement was kept up, and there was at least no sign of reaction.[See larger version]On the 13th of May came down a message, announcing the approaching marriage of the Duke of Kent with the daughter of the Duke of Saxe-Coburg-Saalfeld, Victoria Maria Louisa, sister of Prince Leopold, and widow of Emich Charles, the Prince of Leiningen. The princess was already the mother of a son and daughter. The nation was extremely favourable to this match. The Duke of Kent was popular, and the more so that he had always been treated with unnatural harshness by his father. He had been put under the care of an old martinet general in Hanover, who had received a large annual allowance with him, and kept him so sparely that the poor youth ran away. He had been then sent to Gibraltar, where the severe discipline which he had been taught to consider necessary in the army brought him into disgrace with the garrison. But towards the public at large his conduct had been marked by much liberality of principle.
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