TWO:Parliament assembled on the 9th of January, 1770. People had been surprised at the unusual delay in summoning it, considering the critical state of America, but they were much more surprised when the subject put foremost in the king's speech was a lamentation over the murrain which[197] had appeared amongst horned cattle during the recess, and which Ministers had taken some measures to stop without calling together Parliament. It was true that he afterwards alluded to the state of affairs in America, and trusted some means would be devised by Parliament to appease the irritation. But whilst war itself appeared imminent there, whilst the whole country at home was in a state of high discontent, and the Spitalfields weavers were at this moment in a state of open riot, the idea of giving the chief place in the royal speech to horned cattle caused a burst of universal ridicule. It was thenceforth called the "Horned Cattle Session." Junius launched one of his fierce missives at the Duke of Grafton, observing, "Whilst the whole kingdom was agitated with anxious expectation on one great point, you meanly evaded the question, and, instead of the explicit firmness and decision of a king, gave us nothing but the misery of a ruined grazier."All this time, too, the brave Tyrolese were in open revolt, so that the success of Austria would have instantly produced a universal rising of the country. But for six weeks the Austrians continued to allow Napoleon to keep open his communication with Vienna, whence he procured every material for building, not one bridge, but three; timber, cordage, iron, and forty engines to drive the piles, were procured from its ample magazines. Besides building the bridges, Buonaparte had quickly fortified the island, and placed batteries so as to prevent any successful attack upon him, whilst he was now furnished with the means of issuing from the island almost at pleasure. Since their being cooped up on Lobau, the French had received numerous reinforcements; and though the Archduke John was marching to join the Archduke Charles, Eugene Beauharnais was close at his heels, continually harassing him and compelling him to fight. On the frontiers of Hungary, the town of Raab ought to have enabled John to resist and retard Beauharnais, and have allowed the Archduke Regnier, who was organising another army in Hungary, to come up; but Raab only stood out eight days, and John was obliged to cross the Danube at Pressburg, to endeavour to advance and make a junction with the Archduke Charles. But Eugene Beauharnais managed to join Buonaparte still earlier, and the Emperor did not then allow John to unite with Charles; for, on the night of the 5th of July, he began to fire on the Austrians, on the left bank of the Danube, from gunboats; and whilst they were replying to this, he quietly put his forces across the river. At daylight the next morning the Archduke Charles was astonished to find the French army on the open land; they had turned his whole position, had taken the villages of Esslingen and Enzersdorf, and were already assailing him in flank and rear. The archduke retired upon Wagram, which was lost and taken several times during the day. Buonaparte attempted to break the centre of the Austrian line by a concentrated fire of grape-shot, but the Austrians replied vigorously with their artillery. The French were held in check, if not repulsed. The Saxons and other German troops displayed a disposition to break, and go over to the Austrians. Buonaparte spoke sharply to Bernadotte of the conduct of the Saxons, and the marshal replied that they had no longer such soldiers as they brought from the camp of Boulogne. When night closed the French were in confusion, and, in reality, worsted. The next morning, the 6th of July, the archduke renewed the attack on all the French lines, but is said to have left his centre too weak. Buonaparte again endeavoured to break it, but failed. Bernadotte, Massena, and Davoust were all in turn driven from their positions. Buonaparte, in a state of desperation, cried, "The Austrian centre must be battered with artillery like a fortress." He ordered Davoust to make a desperate charge on the left wing, and called on Drouet, the general of his artillery, to bring up all the artillery of the Guard, and support Davoust. Davoust directed the whole of his force on the left wing, which was broken, and then Buonaparte, forming a dense and deep column of all his best troops, old and new Guards, and his celebrated[591] Grenadiers cheval, under Macdonald and Beauharnais, drove against the centre with a fury that shattered it, and the battle was decided. But at what a price! The Austrians had twenty-six or twenty-seven thousand killed and wounded, and the French upwards of thirty thousand. Buonaparte lost three generals, and had twenty-one wounded. The Austrians had thirteen generals killed or wounded; but they had taken many more prisoners than they had lost. Whilst the battle was raging, the Archduke John was approaching from Pressburg; but Austrian slowness, or, as it is said, conflicting orders from his brother and the Aulic Council, did not permit him to come up in time, or he would assuredly have turned the day.
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ONE:The South Sea Company, with a folly of which extreme greed only is capable, endeavoured to put down these rival schemes and obtained an order from the Lords Justices and writs of scire facias against several of these new bubbles. It was like raising a wind to blow away the bubbles, forgetting that their own was a bubble too, and would go with them. The moment that the people began to distrust one they distrusted all. The panic became as great as the mania had been. The South Sea stock dropped in less than a month from one thousand to below six hundred. There was a simultaneous rush to sell out, and the shares must have sunk instantly to nil but for the gigantic exertions of the Company to raise money and buy in. The relief, however, was but temporary. The bankers and pawnbrokers who had advanced money on scrip broke and fled; merchants, goldsmiths, and speculators rushed away after them. Walpole was summoned in haste from Haughton to devise some means of staying the panic. He endeavoured to get the Bank of England to circulate three millions of South Sea bonds for a year; but the Bank, seeing that the case was desperate, declined it. This was decisive. The rage and despair of the swarming dupes were indescribable. They heaped[48] execrations not only on the South Sea Company, but on Ministers, the king, his mistresses, and the Royal Family, who had all been deep in the affair, and who had taken good care of themselves. George landed at Margate on the 9th of November, soon after which the South Sea stock fell to one hundred and thirty-five. On the 8th of December Parliament met, and promptly began to investigate the scandal.THE DUKE OF BRUNSWICK AND HIS HUSSARS (THE BLACK BRUNSWICKERS). (See p. 590.)
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