THREE:On the 12th of February, 1823, the President of the Board of Trade said, in his place in Parliament:"The general exports of the country in the four years from 1815 to 1819 had decreased 14,000,000 in official value; and he took the official value in preference to the declared, because it was from the quantity of goods produced that the best measure was derived of the employment afforded to the different classes of the community. In the year from the 5th of January, 1819, to the 5th of January, 1820, the exports of the country fell off no less than 11,000,000; and in looking at that part of it which more completely embraced British or Irish manufacture, he found that the difference in four years was 8,414,711; and that in the year from the 5th of January, 1820, to the 5th of January, 1821, there was a decrease of 8,929,629. Nobody, therefore, could be surprised that, at that period, the industry of the country appeared to be in a state of the utmost depression; that our manufacturers were most of them unemployed; that our agriculturists were many of them embarrassed; and that the country, to use the phrase of a friend of his in presenting a petition from the merchants of London, 'exhibited all the appearances of a dying nation.' Though the condition of the agricultural interest was not as favourable as he could wish, still it was most satisfactory for him to state that not only did the exports of last year [1822] exceed those of all the years to which he had been alluding, but also those of the most flourishing year which had occurred during the continuance of the war. In all material articles there had been a considerable increase. The export of cotton had increased ten per cent., and hardware seventeen per cent.; of linens twelve per cent., and of woollens thirteen per cent.; and the aggregate exports of 1822 exceeded those of 1820 by twenty per cent., and of 1821 by seven per cent., notwithstanding a deduction was to be made from the exports of one great article, sugar, owing to a prohibitory decree of Russia, amounting to thirty-five per cent." The result of this prosperous state of things was that, in 1823, the new Chancellor of the Exchequer was enabled to present the best and most popular Budget that had been laid before Parliament for many years, remitting a large amount of taxes that had pressed most heavily on the springs of industry, and inflicted the greatest amount of inconvenience and privation upon the people. The revenue of the nation in that year was 57,000,000, and the expenditure was estimated at 49,672,999, leaving a surplus of upwards of 7,000,000. Of this surplus, 5,000,000 was set aside for the reduction of the National Debt, and the remainder for the remission of taxes. As the assessed taxes were most oppressive, they were reduced fifty per[239] cent., a reduction which was estimated on the window tax alone at 1,205,000. On the whole, the assessed taxes were reduced by 2,200,000. This included 100,000, the total amount of assessed taxes in Ireland. In England the whole of the window tax was removed from the ground floors of shops and warehouses.These were his first decrees:I. The British Isles were declared in a state of blockade. II. All commerce and correspondence with Britain was forbidden. All British letters were to be seized in the post-houses. III. Every Englishman, of whatever rank or quality, found in France, or the countries allied with her, was declared a prisoner of war. IV. All merchandise or property of any kind belonging to British subjects was declared lawful prize. V. All articles of British manufacture, and articles produced in her colonies, were, in like manner, declared contraband and lawful prize. VI. Half of the produce of the above confiscations was to be employed in the relief of those merchants whose vessels had been captured by British cruisers. VII. All vessels coming from Britain or British colonies were to be refused admission into any harbour in or connected with France. These decrees were to be binding wherever French power extended, but they had no effect in checking the commerce of Britain; the distress to Continental merchants, however, and the exasperation of the people deprived of British manufactures, grew immediately acute. Bourrienne says that the fiscal tyranny thus created became intolerable. At the same time, the desire of revenue induced Buonaparte to allow his decrees to be infringed by the payment of exorbitant licences for the import of British goods. French goods, also, were lauded with incredible impudence, though they were bought only to be thrown into the sea. Hamburg, Bordeaux, Nantes, and other Continental ports solicited, by petitions and deputations, some relaxation of the system, to prevent universal ruin. They declared that general bankruptcy must ensue if it were continued. "Be it so," replied Buonaparte, arrogantly; "the more insolvency on the Continent, the more ruin in England." As they could not bend Buonaparte, merchants, douaniers, magistrates, prefects, generals, all combined in one system of fraudulent papers, bills of lading or certificates, by which British goods were admitted and circulated under other names for sufficient bribes. The only mischief which his embargo did was to the nations of the Continent, especially Holland, Belgium, Germany, and to himself; for his rigour in this respect was one of the things which drove the whole of Europe to abominate his tyranny, and rejoice in his eventual fall.
He lay on his armour-like back, and if he lifted his head a little he could see his brown belly, slightly domed and divided by arches into stiff sections
