ONE:It was at the close of 1719, when George I. returned from Hanover, that this Company proposed to Ministers to consolidate all the funds into one. It was strange that both Ministers and merchants could be deluded by the hope of enriching themselves by a share of the trade with the Spanish South American provinces, when Spain herself, in full enjoyment of them, was sunk into indigence and weakness, and presented the most determined resistance to the unfettered intercourse of any other nation with them. Yet Sir John Blunt, a leading director of the South Sea Company, persuaded the Ministers that by granting the Company power to deal with the public funds, and especially to buy up the unredeemable annuities which had been granted in the two preceding reigns, chiefly on terms of ninety-nine years, and which now amounted to about eight hundred thousand pounds a year, they could, in twenty-six years, pay off the entire National Debt. But, to enable them to do this, they must be empowered to reduce all the different public securities to one aggregate fund in their hands, to convert both redeemable and unredeemable debts into stock by such arrangements as they could make with the holders, and to have certain commercial privileges vested in them. Ministers accepted the proposals with great alacrity. Aislabie introduced the scheme to Parliament in the month of February, 1720, declaring that, if it was accepted by the House, the prosperity of the nation would be amazingly enhanced, and all its debts liquidated in a very few years. Craggs seconded the proposal in most sanguine terms, expressing his conviction that every member of the House must be ready to adopt so advantageous an offer. Ministers had already closed with the proposals of the Company, and they were themselves greatly disconcerted by the suggestion of Mr. Thomas Brodrick, the member for Stockbridge, who expressed his entire accordance with Ministers, but thought that the nation should endeavour to obtain the best terms for itself by opening the competition to every other company or association of men as well as that in question. Ministers were confounded by this proposal, and Aislabie endeavoured to get out of it by declaring that to do this would be like putting the nation up to auction, and that such things should be done with spirit. But Jekyll interposed, saying it was this spirit which had ruined the nation, and it was now requisite to consider seriously what was best for the public. A violent debate ensued, in which Walpole eloquently recommended open competition, and was sharply replied to by Lechmere. The question was carried in favour of competition; and then the Bank of England, which before had coolly declined to enter into the proposals, suddenly appeared in a new temper, and made liberal offers for the privilege of thus farming the public debts. But the South Sea Company was not to be outdone; it offered seven millions and a half, and the Bank gave way in despair.The Duke of Wellington was informed, at Brussels, on the same day, of this attack of Napoleon on the Prussians at Ligny, and of the British advance, under the Prince of Orange, at Quatre Bras. It has been said that he was taken by surprise. Quite the contrary. He was waiting in the most suitable position for the movement of Buonaparte. This was announced to him by a Prussian officer of high rank, said to be Baron Müffling, who arrived at half-past one at his hotel in Brussels. Wellington immediately dispatched orders to all the cantonments of his army to break up and concentrate on Quatre Bras, his intention being that his whole force should be there by eleven o'clock the next night, Friday, the 16th. At three o'clock his Grace sat down to dinner, and it was at first proposed that notice should be sent to the Duchess of Richmond to put off a ball which she was going to give at her hotel that evening; but, on further consideration, it was concluded to let the ball proceed, and that the Duke and his officers should attend it, as though nothing was about to occur, by which the great inconvenience of having the whole city in confusion during their preparations for departure would be avoided. Accordingly, every officer received orders to quit the ball-room, and as quietly as possible, at ten o'clock, and proceed to his respective division en route. This arrangement was carried out, and the Duke himself remained at the ball till twelve o'clock, and left Brussels the next morning (April 16) at six[95] o'clock for Quatre Bras. Such were the facts which gave rise to the widespread report that the Duke knew nothing of the attack of Napoleon till the thunder of his cannon was heard by the Duke of Brunswick in the ball-room.
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ONE:The poets who most retained the robes of the past, without disguising the divine form within, were the Rev. George Crabbe and Cowper. The poetry of Crabbe, all written in the metre of Pope, is, nevertheless, instinct with the very soul of nature. It chooses the simplest, and often the least apparently lofty or agreeable topics, but it diffuses through these, and at the same time draws from them, a spirit and life that are essentially poetry. Nothing at the time that it appeared could look less like poetry. The description of a library, the dirty alleys, the pothouses, the sailors, and monotonous sea-shores in and about a maritime borough, struck the readers of the assumed sublime with astonishment and dismay. "Can this be poetry?" they asked. But those who had poetry in themselvesthose in whom the heart of nature was strong, replied, "Yes, the truest poetry." Nature smiles as the rude torch flickers past, and shows its varied forms in its truest shape. In his "Tales of the Hall" Crabbe entered on scenes which are commonly deemed more elevated; he came forward into the rural village, the rectory,[184] and the manor-house; but everywhere he carried the same clear, faithful, analytical spirit, and read the most solemn lessons from the histories and the souls of men. Crabbe has been styled the Rembrandt of English poetic painting; but he is not merely a painter of the outward, he is the prober of the inward at the same time, who, with a hand that never trembles, depicts sternly the base nature, and drops soothing balm on the broken heart.
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ONE:Amongst these, for the most part working men, sat a number of gentlemen, and even one lord, Lord Dacre, who had lived in Paris and was a regular Revolutionist. The Convention sat unmolested till the 5th of December, arranging for a future meeting in England, and organising committees and correspondents in different towns. They also recommended to all Reform clubs and societies to invoke Divine aid on their endeavours for just reform. On meeting on the morning of the 5th, the president, Paterson, announced that himself, Margarot, and the delegates had been arrested, and were only out on bail. Immediately after this, the Lord Provost appeared with a force to disperse the meeting, and though Skirving informed him that the place of meeting was his own hired house, and that they had met for a purely constitutional purpose, the Lord Provost broke up the meeting and drove out the members. That evening they met again at another place, but only to be turned out again. Still they did not disperse before Gerald had offered up a fervent prayer for the success of Reform. Mr. Skirving then issued a circular inviting the delegates to meet in his private house, and for this he was arrested on the 6th of January, 1794, brought before the Court of Justiciary, and sentenced to fourteen years' transportation. On the 13th Margarot received the same sentence; and, in the month of March, Gerald likewise.
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