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ONE:At the end of the fortnight Lord Grenville and Lord Grey pointed out the necessity of proceeding to appoint a regent. Ministers replied that the[9] physicians were confident of the king's speedy recovery; but as there were repeated adjournments and the reports of the physicians still held the same language, the sense of Parliament prevailed. On the 17th of December Mr. Perceval moved that on the 20th they should go into committee on the question of the Regency; and on that day the same resolutions were passed as had been passed in 1788namely, that the Prince of Wales should be Regent under certain restrictions; that the right of creating peerages, and granting salaries, pensions, and offices in reversion, should be limited specifically, as in 1788. The royal dukes made a protest against these limitations; but on the 30th they were confirmed by both Houses, with additional resolutions for the care of his Majesty's person and the security of his private property, which were passed on the last day of the year 1810.
TWO: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.Whilst these changes had been passing at home, the effervescence in America had grown most riotous and alarming. Boston took the lead in tumultuous fury. In August, the house of Mr. Oliver, the newly appointed stamp-distributor, was attacked and ransacked; his effigy was hanged on a tree, thenceforward honoured by the name of the Liberty Tree. It was then taken down, paraded about the streets, and committed to the flames. The colonel of the militia was applied to, but sent an evasive answer, showing that there were others above the mob who enjoyed what the mob were doing. With this encouragement they broke out afresh, crying, "Liberty and Property!" which, said a colonial authority, "was their cry when they meant to plunder and pull down a house." This time they gutted and partly demolished the houses of the registrar-deputy of the Admiralty, the comptroller of the customs, and the lieutenant-governor, destroying a great quantity of important papers. In New York, delegates assembled from nine different colonial Assemblies. The governor forbade them to gather, declaring their meetings unprecedented and unlawful, but he took no active measures to prevent their deliberations. The Congress met in October, and sat for three weeks. They appointed Mr. Timothy Ruggles, from Massachusetts, their chairman, and passed fourteen resolutions denying the right of the mother country to tax them without their own consent; and they drew up petitions to the king and Parliament. Everywhere associations were established to resist the importation of British manufactures after the 1st of January next,[188] and it was agreed that they should dissolve themselves as soon as the stamp tax was abolished. But it is well known, from letters addressed to Franklin, that the Republican element was already widely spread through the colonies, and this very first opportunity was seized on by its advocates to encourage the idea of throwing off the allegiance to England without further delay. 更多 »
TWO:A great raid of reform was made in the Opposition, and it fell first on the corruption of the boroughs, both in Scotland and England. The subject was brought on, as it were, incidentally. An Enclosure Bill, affecting some parts of the New Forest, Hampshire, was attacked, as a job intended to benefit Pitt's staunch supporter, George Rose, who had rapidly risen from an obscure origin to the post of Secretary to the Treasury. Rose had a house and small estate in the Forest, and there was a universal outcry, both in Parliament and in the public press, that, in addition to the many sinecures of the fortunate Rose, there was also a sop intended for him at the cost of the Crown lands. The reformers were successful in casting much blame on Ministers, and they followed it up by charging Rose with bribing one Thomas Smith, a publican in Westminster, to procure votes for the Ministerial candidate, Lord Hood. Though the motion for a committee of the House to inquire into the particulars of this case was defeated, yet the debates turned the attention of the country on the scandalous bribery going on in boroughs. The Scots, the countrymen of Rose, petitioned for an inquiry into the condition of their boroughs. Of the sixty-six boroughs, petitions for such inquiry came from fifty. They complained that the members and magistrates of those corporations were self-elected, and by these means the rights and property of the inhabitants were grievously invaded.
TWO:But the most discouraging feature of this war was the incurable pride of the Spaniards, which no reverses, and no example of the successes of their allies could abate sufficiently to show them that, unless they would condescend to be taught discipline, as the Portuguese had done, they must still suffer ignominy and annihilation. Blake, who had been so thoroughly routed on every occasion, was not content, like the British and Portuguese, to go into quarters, and prepare, by good drilling, for a more auspicious campaign. On the contrary, he led his rabble of an army away to the eastern borders of Spain, encountered Suchet in the open field on the 25th of October, was desperately beaten, and then took refuge in Valencia, where he was closely invested, and compelled to surrender in the early part of January next year, with eighteen thousand men, twenty-three officers, and nearly four hundred guns. Such, for the time, was the end of the generalship of this wrong-headed man. Suchet had, before his encounter with Blake, been making a most successful campaign in the difficult country of Catalonia, which had foiled so many French generals. He had captured one fortress after another, and in June he had taken Tarragona, after a siege of three months, and gave it up to the lust and plunder of his soldiery.
TWO:Fielding (b. 1707; d. 1754) began his career by an attempt, in "Joseph Andrews," to caricature the "Pamela" of Richardson. He represented Joseph as Pamela's brother; but he had not proceeded far when he became too much interested in his own creation to make a mere parody of him. This novel he produced in 1742, the year after the completion of "Pamela." The following year he gave to the world "Jonathan Wild;" in 1749, "Tom Jones;" and in 1751, but three years before his death, at the age of only forty-seven, "Amelia." But, besides a novelist, Fielding was a dramatic writer, a political writer, and the editor of four successive periodicalsThe Champion, The True Patriot, The Jacobite Journal, and The Covent Garden Journal. Fielding, unlike Richardson, was educated at Eton, and afterwards at Leyden. He had fortune, but he dissipated it; and had the opportunity of seeing both high and low life, by his rank as a gentleman and his office as a police-magistrate. His novels are masterly productions. His squire Western and parson Adams, and his other characters are genuine originals; and they are made to act and talk with a raciness of humour and a flow of wit that might even yet render them popular, if their occasional grossness did not repel the reader of this age. It is, indeed, the misfortune of Fielding, Sterne, and Smollett, that they lived in so coarse and debauched an epoch; their very fidelity now renders them repulsive. Richardson and Fielding were the Dickens and Thackeray of their day. In Fielding, the colder nature and the more satiric tone make the resemblance to Thackeray the more striking.
TWO:
TWO:The king, who had set out on his long-premeditated visit to Ireland, leaving his wife on her death-bed, was already at Holyhead when he received the tidings of her decease. From that port Lord Londonderry wrote a note to the Lord Chancellor, in which he said, "I add this private note to the letter which the king has directed me to write, to say that his Majesty is quite well, and has evinced, since the intelligence of the queen's death was received, every disposition to conform to such arrangements and observances as might be deemed most becoming upon an occasion which cannot be regarded in any other light than as the greatest of all possible deliverances, both to his Majesty and to the country. The king feels assured that the events to which my letters refer, once in your hands, will be sifted to the bottom and wisely decided; and to the advice he may receive there will be every disposition on his Majesty's part to conform; but where papers[217] connected with his daughter, as well as other branches of his family, are in question, your lordship will estimate the deep interest the king takes in your giving the whole your best consideration."
TWO:On the retirement of Townshend, Walpole reigned supreme and without a rival in the Cabinet. Henry Pelham was made Secretary at War; Compton Earl of Wilmington Privy Seal. He left foreign affairs chiefly to Stanhope, now Lord Harrington, and to the Duke of Newcastle, impressing on them by all means to avoid quarrels with foreign Powers, and maintain the blessings of peace. With all the faults of Walpole, this was the praise of his political system, which system, on the meeting of Parliament in the spring of 1731, was violently attacked by Wyndham and Pulteney, on the plea that we were making ruinous treaties, and sacrificing British interests, in order to benefit Hanover, the eternal millstone round the neck of England. Pulteney and Bolingbroke carried the same attack into the pages of The Craftsman, but they failed to move Walpole, or to shake his power. Opening of 1843Assassination of DrummondThe Quarterly on the LeagueScene between Peel and CobdenMr. Villiers's Annual MotionPeel's Free Trade AdmissionsProgress of the League AgitationActivity of its PressImportant AccessionsInvasion of the County ConstituenciesThe Free Traders in ParliamentDisraeli attacks PeelLord John Russell's AttitudeDebate on Mr. Villiers's MotionMr. Goulburn's BudgetThe Sugar DutiesDefeat of the GovernmentPeel obtains a Reconsideration of the VoteDisraeli's SarcasmsThe Anti-League LeagueSupposed Decline of CobdenismThe Session of 1845The BudgetBreach between Peel and his PartyThe Potato DiseaseThe Cabinet CouncilMemorandum of November 6Dissent of Peel's ColleaguesPeel's Explanation of his MotivesLord Stanley's ExpostulationAnnouncement in the TimesThe Edinburgh LetterResignation of the MinistryRussell Fails to Form a GovernmentReturn of PeelParliament meetsDebates on the Queen's SpeechPeel's general StatementMr. Bright's EulogiumThe Corn Bill passes the Commons and the LordsDefeat of Sir Robert PeelSome scattered Facts of his Administration.
TWO:
TWO:Grey and Fox then made an equally brisk attack on the support of Turkey by Ministers. They greatly applauded the Czarina, and Fox affirmed that so far from Turkey soliciting our interference, it had objected to it. On the same day, in the Lords, Lord Fitzwilliam opened the same question. He contended that we had fitted out an expensive armament to prevent the conquest by Russia of Oczakoff, and yet had not done it, but had ended in accepting the very terms that the Czarina had offered in 1790. Ministers replied that, though we had not saved Oczakoff, we had prevented still more extensive attempts by Russia. Though the Opposition, in both cases, was defeated, the attack was renewed on the 27th of February, when the Earl Stanhopean enthusiastic worshipper of the French Revolutionrecommended, as the best means of preventing aggression by Continental monarchs, a close alliance on our part with France. Two days afterwards Mr. Whitbread introduced a string of resolutions in the Commons, condemning the interference of Ministers between Russia and Turkey, and the needless expenditure thus incurred, in fact, going over[390] much the same ground. A strenuous debate followed, in which Grey, Fox, Windham, Francis, Sheridan, and the whole Whig phalanx, took part. On this occasion, Mr. Jenkinson, afterwards Earl of Liverpool, first appeared, and made his maiden speech in defence of Ministers. He showed that the system of aggression had commenced with Russia, and menaced the profoundest dangers to Europe; that Britain had wisely made alliance with Prussia to stem the evil, and he utterly repudiated all notion of the moderation of the Czarina, whose ambition he asserted to be of the most unscrupulous kind.In 1821, 7,250,000 lbs. of coffee were consumed by fourteen millions of people in Great Britain. In 1824 the consumption of coffee in the United Kingdom was 8,250,000 lbs., and the duties wereon foreign coffee, 2s. 6d. per lb.; East India, 1s. 6d.; British West India, 1s. per lb. In the same year the consumption wasof foreign coffee, 1,540 lbs.; East India, 313,000 lbs.; West India, about 800,000 lbs. In the following year Mr. Huskisson reduced the duties on these several kinds to 1s. 3d., 9d., and 6d., respectively, which caused a rapid increase in the consumption. In 1840 the consumption wasof East and West India, 14,500,000 lbs.; and of foreign, 14,000,000 lbs. In 1841, 27,250,000 lbs. were consumed by eighteen and a half millions of people. The tea trade with China was used by the East India Company for the purpose of enriching itself by an enormous tax upon the British consumer. During one hundred years it ranged from 2s. to 4s. in the pound excise duty, with a customs duty of 14 per cent., down to a total minimum duty of 12? per cent. The former duty was estimated at 200 per cent. on the value of the common teas. The effect, as might be expected, was an enormous amount of smuggling. The monopoly of the Company was abolished; it was made lawful for any person to import tea by the Act 4 William IV., c. 85; and the trade was opened on the 22nd of April, 1834. The ad valorem duties were abolished, and all the Bohea tea imported for home consumption was charged with a customs duty of 1s. 6d. per lb.; Congou and other teas of superior quality were charged 2s. 2d. per lb., and some 3s. per lb. In 1836 these various duties gave place to a uniform one of 2s. 1d. per lb., which, with the addition of 5 per cent., imposed in 1840, continued till 1851, when the penny was removed. During the last year of restricted trade (1833) our aggregate importations amounted to 32,000,000 lbs.; during the first year of Free Trade, they bounded up to 44,000,000 lbs.; and in 1856 they had attained to 86,000,000 lbs. The average price of tea per lb., including duty, in 1834, was 4s. 4d. In 1821 the total quantity of tea imported into Great Britain was upwards of 31,000,000 lbs., and its value 1,873,886; in 1834 the quantity was about 35,000,000 lbs., and the value about 2,000,000. In 1837 the quantity was about 40,000,000 lbs.

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[See larger version]When the French saw that Ormonde could not induce the mercenary troops to move, they refused to surrender Dunkirk, and an English detachment which arrived there to take possession found the gates shut in their faces. At this insult the British troops burst out into a fury of indignation. The officers as well as the men were beside themselves with shame, and shed tears of mortification, remembering the glorious times under Marlborough. Ormonde himself, thus disgraced, thus helplessfor he had not the satisfaction, even, of being able to avenge himself on the French,thus deserted by the auxiliaries, and made a laughing-stock to all Europe by the crooked and base policy of his Government, retired from before the walls of Dunkirk, and directed his course towards Douay. The Dutch shut their gates against him, and he finally retired in ignominy to England.Before Lord Howe advanced farther, he received a deputation from Congress. He had sent the captured American General, Sullivan, on his parole to Philadelphia to endeavour to induce Congress to come to terms, and save the further effusion of blood. He assured them that he was not at liberty to treat with them as a Congress, but he would willingly meet some of them as private gentlemen, having full powers, with his brother, General Howe, to settle the dispute between them and Great Britain, on advantageous terms; that, on finding them disposed to agree to honourable conditions, he would seek for the acknowledgment of their authority to treat with him, so as to make the compact valid. The delegates appointed were sufficiently indicative of the little good that was to be hoped from the interview. They were Dr. Franklin, John Adams, and Edward Rutledge. Franklin had returned a most insulting answer to a private letter sent to him by Lord Howe. It was in vain that Lord Howe assured the deputies that England was disposed to forget all, to pardon all, and to repeal all the obnoxious taxes, and that inexpressible calamities would be avoided by the Colonies simply returning to their allegiance. The deputies replied, that the only terms on which America could make peace was as independent states. This put the matter beyond accommodation.The Great Seal had remained in commission ever since the resignation of Sir Robert Peel, and it was supposed to be reserved for Lord Brougham when the king's objections to his reappointment should be overcome. Such, however was not the case, as Lord Melbourne was determined to have nothing more to do with him. On the 1st of January, 1836, Sir Charles Pepys, Master of the Rolls, was appointed to the office of Lord Chancellor, and created a peer by the title of Lord Cottenham. At the same time Mr. Henry Bickersteth, appointed Master of the Rolls, was called to the Upper House by the title of Baron Langdale. Lord Brougham, thus passed over, was too ill to make any protest, but before long he assumed an attitude of active opposition to the Ministry. Parliament was opened by the king in person on the 4th of February, 1836, in a Speech remarkable for the number and variety of its topics. It gave the usual assurances of the maintenance of friendly relations with all Foreign Powersexpressed regret at the continuance of the civil contest in the northern provinces of Spain, and hope of a successful result to our mediation between France and the United States. Referring to domestic affairs, the state of commerce and manufactures was declared to be highly satisfactory; but difficulties continued to press on agriculture. Measures were to be submitted for increasing the efficiency of the Church, for the commutation of tithes, for alleviating the grievances of Dissenters; and improvements in the administration of justice were recommended, especially in the Court of Chancery. The special attention of Parliament was directed to the condition of the poor of Ireland, and it was suggested that as experience had proved the salutary effect of the Poor Law Amendment Act in England, a similar measure might be found useful in alleviating the social condition of Ireland. Allusion was also made to the reform of Irish corporations, and the adjustment of the Irish Tithe question, which we have already disposed of in preceding pages. Chiefly with reference to these questions, amendments to the Address were moved in both Houses; in the Upper by the Duke of Wellington, whose amendment was carried without a division; in the Commons Ministers won by 284 against 243.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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