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ONE:THE BATTLE OF WATERLOO: FRENCH CUIRASSIERS CHARGING A BRITISH SQUARE.[See larger version]
ONE:Mr. Vansittart introduced some financial measures which effected a material saving. He proposed a plan for reducing the interest of the Navy Five per Cents. to four per cent. Holders not signifying their dissent were to have one hundred and five pounds in a New Four per Cent. stock, and persons dissenting were to be paid off in numerical order. By this scheme an annual saving to the public of one million one hundred and forty thousand pounds would be effected; besides a further saving of upwards of ninety thousand pounds of annual charge, which would be gained by similar reduction of the Irish Five per Cents. The high prices of the public funds obviated all difficulty in the execution of this financial operation, and the holders of the Five per Cent. stock found it expedient to acquiesce in the Minister's terms. The dissentients were in number only one thousand seven hundred and seventy-eight, and the stock held by them amounted to two million six hundred and fifteen thousand nine hundred and seventy-eight pounds, not a fifteenth part of the Five per Cent. capital. Another operation related to what was called "The Dead Weight Annuity." The amount of military and naval pensions and civil supernumeraries was about five millions annually. Accordingly Mr. Vansittart brought forward an amended scheme for relieving the immediate pressure of this dead weight by extending it over a longer term of years than the natural lives of the annuitants. For this purpose an annuity of two million eight hundred thousand pounds was appropriated out of the existing revenue for forty-five years, invested in trustees for the discharge of the then payments, which for that year were estimated at four million nine hundred thousand pounds, subject to a yearly diminution by deaths. It was computed that, according to the ordinary duration of human life, the annuities for the lives of the then holders would be equal to the annuity of two million eight hundred thousand pounds for forty-five years. The trustees were therefore empowered to sell from time to time such portions of this annuity as would provide the funds required for the payment of the dead weight, according to a computation made of the amount which would probably be due in each year. The Bank of England became the contractor for a portion of the annuity. There was no novelty of principle in the project; it was only the old one of anticipating distant resources by throwing the burden of the existing generation on the next. It had the further disadvantage of incurring a useless expense for management; whereas the Sinking Fund, amounting at the time to about five millions, might have been applied to existing exigencies, and a real saving effected.
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TWO:In January of 1745 died Charles VII., King of Bavaria and Emperor of Germany. His life had been rendered miserable, and his kingdom made the prey of war, by his unpatriotic mania of supporting the French in their attacks on Germany. His son and successor showed himself a wiser and a better man. He at once renounced all claims to the Austrian succession, and to the Imperial crown. He agreed to vote for the Prince of Tuscany, Maria Theresa's husband, at the next Diet, and never to support the French or the Prussian arms. On these terms a treaty was concluded between Austria and Bavaria at Füssen, and Austria therefore restored to him his rightful inheritance of Bavaria.

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TWO:By the terms of the Treaty of Tilsit, Prussian Poland was taken away, but not to be incorporated with a restored Poland, as Buonaparte had delusively allowed the Poles to hope. No; a restored Poland was incompatible with a treaty of peace with Russia, or the continuance of it with Austria. It was handed over to the Duke of Saxony, now elevated to the title of the King of Saxony and Duke of the Grand Duchy of Warsawthe name which Prussian Poland assumed. The duped Polish patriots cursed Buonaparte bitterly in secret. Alexander, with all his assumed sympathy for his fallen cousins of Prussia, came in for a slice of the spoil, nominally to cover the expenses of the war. Dantzic, with a certain surrounding district, was recognised as a free city, under the protection of Prussia and Saxony; but Buonaparte took care to stipulate for the retention of a garrison there till the conclusion of a general peace, so as to stop out any British armament or influence. To oblige the Emperor of Russia, he allowed the Dukes of Saxe-Coburg, Oldenburg, Mecklenburg-Schwerin, who were the Czar's relations, to retain possession of their territories; but he returned to Prussia only about one-half of the provinces which he had seized, reducing her very much to the limits in which Frederick the Great had found her before his usurpations. She surrendered her provinces between the Rhine and the Elbe, which, together with Hesse, Brunswick, and part of Hanover, were formed into the kingdom of Westphalia and given to Jerome Buonaparte. She was saddled by a crushing war indemnity, and had to leave Berlin and the chief fortresses in the hands of the French until the debt was paid. In the articles of the Treaty which were made public, Alexander paid a nominal courtesy to his ally, Great Britain, by offering to mediate between her and France, if the offer were accepted within a month; but amongst the secret articles of the Treaty was one binding the Czar to shut his ports against all British vessels, if this offer were rejected. This was a sacrifice demanded of Alexander, as Great Britain was Russia's best customer, taking nearly all her raw or exported produce. In return for this, and for Alexander's connivance at, or assistance in, Buonaparte's intention of seizing on Spain and Portugal, for the taking of Malta and Gibraltar, and the expulsion of the British from the Mediterranean, Alexander was to invade and[546] annex Finland, the territory of Sweden, and, giving up his designs on Moldavia and Wallachia, for which he was now waging an unprovoked war, he was to be allowed to conquer the rest of Turkey, the ally of Napoleon, and establish himself in the long-coveted Constantinople. Thus these two august robbers shared kingdoms at their own sweet will and pleasure. Turkey and Finland they regarded as properly Russian provinces, and Spain, Portugal, Malta, Gibraltar, and, eventually, Britain, as provinces of France.
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FORE:[See larger version]When Parliament reassembled, after the Christmas recess, the great question of economical reform took the first place in its deliberations. The great Yorkshire petition was introduced on the 8th of February by Sir George Savile, who, as the forms of the House then allowed, made a speech on its presentation. He was a small, weakly man, but of the most upright character, and was listened to with the highest respect. On the 11th Burke rose to bring forward his extensive scheme of retrenchment and reform. It was a scheme of reforms so vast and multiform as to require five Bills to include them. It dealt with the sale of the Crown lands; the abolition of the separate jurisdictions of the Principality of Wales, the Duchies of Cornwall, Chester, and Lancaster; of the Court offices of Treasurer, Comptroller, Cofferer, Keeper of the Stag, Buck, and Fox Hounds, of the Wardrobe, Robes, Jewels, etc.; of the recently-instituted office of Third Secretary of State; the reduction and simplification of offices in the Ordnance and Mint departments; the Patent Office of the Exchequer; the regulation of the pay offices of the army, navy, and of pensioners; and, finally, the Civil List. Such a host of corrupt interests was assailed by this wholesale scheme, that it was certain to receive a very determined opposition; and it might have been supposed that it would be encountered by the most rabid rage. But not so. The great tribe whose interests were affected were too adroit strategists for that; they were too well assured that, being legion, and all knit up together from the Crown downwards, embracing every branch of the aristocracy, they were safe, and might, therefore, listen to the fervid eloquence of the poetic Irishman, as they would to a tragedy that did not affect them further than their amusement was concerned. Lord North very soon managed to put the Principality and the Duchies out of the range of his inquiries. He declared that nobody was more zealous for a permanent system of economy than he was; but then, unfortunately, the king's[264] patrimonial revenue was concerned in these Duchies, and therefore he must be first consulted; and, what was still more embarrassing was, that these proposals affected the rights of the Prince of Wales, and therefore could not be mooted till he was of age; so that branch of the inquiry was lopped off, under the gentle phrase of postponement. When the discussion reached the reform of the king's household, Burke was compelled to admit that a former attempt to reform this lavish yet penurious household by Lord Talbot, had been suddenly stopped, because, forsooth, it would endanger the situation of an honourable member who was turnspit in the kitchen! The end of it was, that though all expressed themselves as delighted and as acquiescent, almost every detail was thrown out in committee. The only point carried was that which abolished the Board of Trade, by a majority, however, of only eight. The Board of Trade was ere long restored again. The other portions of Burke's great scheme occupied the House through March, April, and May, and then was got rid of by a man?uvre in the committee, Burke declaring that he would bring the measure forward again next session.

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FORE:The court then adjourned to the 15th of April. The case of the Begums was opened by Mr. Adams, and concluded the next day by Mr. Pelham. Then sixteen days were occupied by the evidence, and at length, on the 3rd of June, Sheridan began to sum up the evidence, and, in a speech which lasted three days, he kept the court in the highest state of excitement. The place was crowded to suffocation during the whole time, and as much as fifty guineas is said to have been paid for a single seat. Greatly as this speech of Sheridan's was admired, it was felt to be too ornate and dramatic: there was not the deep and genuine feeling of Burke in it, and the effect was so evidently studied, that, on concluding, Sheridan fell back into the arms of Burke, as if overcome by his own sensations. The prorogation of Parliament was now at hand, and only two out of the twenty charges had been gone through: neither of them had yet been replied to, and yet other causes of engrossing interest arising, the trial was entirely suspended till the 20th of April of the following year! Then it was taken up languidly and at uncertain intervals, and rapidly became a mere exhibition of rhetoric. Further, Burke's unlawyer-like style and intemperance of language drew upon him the censure of the Lord Chancellor, and even of the House of Commons. A revulsion of public feeling took place, and was seen in the acquittal of Stockdale who was tried for libelling the promoters of the trial. Three years afterwards Burke himself renounced sixteen of his charges, and all popular interest in the trial gradually disappeared.

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FORE:This scheme was to take Ticonderoga, and then to advance upon Albany. Whilst the army was marching to this point, the fleet, carrying another strong force, was to ascend the Hudson, and there meet Burgoyne, by which means the British could then command the Hudson through its whole extent; and New England, the head of the rebellion, would be entirely cut off from the middle and southern countries. The plan was excellent in itself, but demanded for its successful accomplishment not only commanders familiar with the country, but the most ardent spirit in them, and the most careful co-operation.

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THREE:Mr. Vansittart introduced some financial measures which effected a material saving. He proposed a plan for reducing the interest of the Navy Five per Cents. to four per cent. Holders not signifying their dissent were to have one hundred and five pounds in a New Four per Cent. stock, and persons dissenting were to be paid off in numerical order. By this scheme an annual saving to the public of one million one hundred and forty thousand pounds would be effected; besides a further saving of upwards of ninety thousand pounds of annual charge, which would be gained by similar reduction of the Irish Five per Cents. The high prices of the public funds obviated all difficulty in the execution of this financial operation, and the holders of the Five per Cent. stock found it expedient to acquiesce in the Minister's terms. The dissentients were in number only one thousand seven hundred and seventy-eight, and the stock held by them amounted to two million six hundred and fifteen thousand nine hundred and seventy-eight pounds, not a fifteenth part of the Five per Cent. capital. Another operation related to what was called "The Dead Weight Annuity." The amount of military and naval pensions and civil supernumeraries was about five millions annually. Accordingly Mr. Vansittart brought forward an amended scheme for relieving the immediate pressure of this dead weight by extending it over a longer term of years than the natural lives of the annuitants. For this purpose an annuity of two million eight hundred thousand pounds was appropriated out of the existing revenue for forty-five years, invested in trustees for the discharge of the then payments, which for that year were estimated at four million nine hundred thousand pounds, subject to a yearly diminution by deaths. It was computed that, according to the ordinary duration of human life, the annuities for the lives of the then holders would be equal to the annuity of two million eight hundred thousand pounds for forty-five years. The trustees were therefore empowered to sell from time to time such portions of this annuity as would provide the funds required for the payment of the dead weight, according to a computation made of the amount which would probably be due in each year. The Bank of England became the contractor for a portion of the annuity. There was no novelty of principle in the project; it was only the old one of anticipating distant resources by throwing the burden of the existing generation on the next. It had the further disadvantage of incurring a useless expense for management; whereas the Sinking Fund, amounting at the time to about five millions, might have been applied to existing exigencies, and a real saving effected.
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TWO:During these debates, Ministers detailed the proceedings which had for some time past taken place between the Governments of France and Britain, to show that the maintenance of peace was impossible. The chief of these transactions were briefly these:From the date of the conferences at Pillnitz in 1791, when Prussia and Austria resolved to embrace the cause of the French king, and invited the other Powers to support them, Britain declared, both to those Powers and to France, her intention of remaining neutral. It was no easy matter to maintain such neutrality. To the Jacobin leaders, every country with an orderly Government, and still more a monarchy, was an offence. Against Britain they displayed a particular animus, which the most friendly offices did not remove. When, towards the end of 1791, the Declaration of the Rights of Man having reached St. Domingo, the negroes rose in insurrection to claim these rights, Lord Effingham, the Governor of Jamaica, aided the French Colonial Government with arms and ammunition, and the fugitive white people with provisions and protection. When this was notified to the National Assembly, with the King of Britain's approval of it, by Lord Gower, the ambassador at Paris, a vote of thanks was passed, but only to the British nation, and on condition that not even Lord Effingham's name should be mentioned in it. Other transactions on the part of the French still more offensive took place from time to time, but Britain still maintained her neutrality. When war was declared by France against Austria, in April, 1792, Chauvelin announced the fact to the British Government, and requested that British subjects should be prohibited from serving in any foreign army against France. Government at once issued an order to that effect. In June the French Government, through Chauvelin, requested the good offices of Britain in making pacific proposals to Prussia and Austria; but find that France expected more than friendly mediationactual armed coalition with Francethe British Government declined this, as contrary to existing alliances with those Powers. The proclamations of the French Government were already such as breathed war to Europe; all thrones were menaced with annihilation. At this time Mr. Miles, who exerted himself to maintain a friendly feeling between the nations, records, in his correspondence with the French Minister Lebrun and others, that Roland declared to one of his friends that peace was out of the question; that France had three hundred thousand men in arms, and that the Ministers must make them march as far as ever their legs could carry them, or they would return and cut all their throats.
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The situation of Lord Cornwallis was now growing desperate. An attempt to destroy the enemy's batteries failed on the 16th. "At this time," he says, "we knew that there was no part of the whole front attacked in which we could show a single gun, and our shells were nearly exhausted. I had therefore only to choose between preparing to surrender the next day, or endeavouring to get off with the greater part of the troops; and I determined to attempt the latter." Having conceived this desperate scheme of endeavouring to escape, Cornwallis that night wrote to Sir Henry Clinton, in cypher, telling him not to risk fleet or army in the attempt to rescue them. He was sure that something had prevented the fleet from sailing at the time proposed, and he sought to steal away with the bulk of his army, leaving a small number to capitulate for the town. The idea, with such troops of well-mounted cavalry at his heels, was a wild one, and there were other obstacles in the way. He must first ferry his troops across the river to Gloucester, and, as he had not vessels enough to carry all at once, he had sent over part of them, when a violent storm arose, and prevented the return of the boats. This was decisive. With his forces thus divided, Cornwallis had scarcely soldiers enough left to man the guns in York Town, and there was nothing for it but to surrender.The British Ministry was at length becoming aware of the mischief of allowing the Empress of Russia to make continual inroads on the Turkish Empire. The British Ambassador, Mr. Fawkener, had been instructed to inform Catherine that Britain could not quietly acquiesce in these usurpations, which were seriously disturbing the balance of power in Europe. Catherine replied, haughtily, that she did not recognise the right of Britain to interfere, and that she should keep possession of Oczakoff, and all her conquests between the Bug and the Dniester. On the 28th of March Pitt communicated this answer to the House, in a message from his Majesty, and that he had deemed it necessary to come to an understanding with his allies, Prussia and Austria, on the subject, and to maintain the fleet in its augmented condition. He moved, the next day, an address to his Majesty, thanking him for his care in these respects. The Whigs, almost to a man, condemned this policy. Coke of Norfolk, Lord Wycombe, Mr. Lambton, afterwards Earl of Durham, and others, stoutly opposed it. Fox treated the idea of Russia having become a power formidable to the peace of Europe as ludicrous. Both he and Burke contended that there was nothing in the aggressions of Russia to occasion any alarm; that Turkey was a decaying nation, which it was useless to attempt to support; and that to bolster it up was only to maintain a barbarous people in domination over Christian populations. Fox upbraided the Government with their folly and inconsistency, if such were their fears of Russia, in having till recently encouraged her in her plan of aggressions in that direction. He reminded them that, twenty years ago, Great Britain, on war breaking out between Russia and the Porte, had aided Catherine in sending a fleet to the Mediterranean, and had thus enabled her to acquire a maritime force in the Black Sea. The truth, however, was that it was not the present Ministry that had committed this folly, but a Whig Ministry, of which Fox was one. He confessed to this, and also to the fact that in 1782, when Catherine seized more completely on the Crimea and Kuban Tartary, France and Spain had urged us to unite with them in preventing this, but that we had declined, and these countries had become permanently united to Russia. Now all this was, in truth, a simple confession of the incapacity of the Whigs, and of Fox himself included, to see the dangerous tendency of the Russian policy, and the only circumstance on which he could justly condemn the Ministry of Pitt was for not strenuously supporting Turkey and Sweden, the ally of Turkey against Russia, when they did see this tendency. By mean and parsimonious conduct they had allowed Sweden to be driven out of her territories on the eastern shore of the Baltic by Russia, when, had they given her but moderate support, that Power would have become a permanent check on the aggressive spirit of Russia. The motion of Pitt was carried by a large majority. A few days afterwards Mr. Grey renewed the subject in a series of resolutions, condemning all interference on behalf of Turkey, and contending that Russia was only weakening instead of strengthening herself by extending her dominions. But Pitt, in reply, showed the very obvious facts that the retention of Oczakoff opened the way to Constantinople, and that the possession of Constantinople prepared the way for the seizure of Egypt, and the supremacy of the Mediterranean, with the most formidable consequences to our commerce. The resolutions of Grey were negatived; but twice again during the session the Whigs returned to the chargeon the 15th of April and on the 25th of May,but with no better success. The armament was maintained, but the isolated threats of England had little effect on Catherine. Pitt was accordingly compelled to change his policy, and acquiesce in a peace by which she retained the territory between the Bug and the Dniester, and the fortress of Oczakoff.Robert Pollok was a young Scottish minister, who rose suddenly to popularity by the publication of a poem in blank verse, entitled "The Course of Time." It was long and discursive, extending to ten books. The style was very unequal, sometimes rising to a high level, and often sinking to tame prose. The author had a wonderful command of words for one so young, and time would, no doubt, have mellowed what was crude and refined what was coarse, if he had not been prematurely cut off, just when his genius and his goodness had gathered round him a host of warm friends. He died of consumption, on the 15th of September, 1827. His early death contributed to the popularity of the poem, which ran through many editions.Under the management of these enlightened men the disproportionate mass of bone was reduced, and flesh increased, and the whole figure assumed a regular and handsome contour. The quality of the meat was as greatly improved.
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