FORE:(After the Picture by Laslett J. Pott, by permission of Ephraim Hallam, Esq.)
FORE:[See larger version]This insult roused the fiery blood of Spain. The king and queen were excited to paroxysms of rage. They told Mr. William Stanhope that, in future, they would put confidence in no prince except his master, nor admit any one else to mediate for them in their negotiations. But George refused to break with France on their account, and ventured to remind Philip that he himself stood greatly in need of the alliance with France. Blinded, however, by their wounded pride, the King and Queen of Spain now turned their anger against England. They recalled their plenipotentiaries from the Congress of Cambray, which was sitting to settle the affairs of Europe, and professed their readiness to abandon all their hostility to the Emperor of Germany, and to concede all that they had so long demanded from him, on condition that he entered into a close alliance with them against France and England. They sent back to France the widow of the late Don Louis, and also Mademoiselle Beaujolais, another daughter of the late Regent Orleans, who had been contracted to Don Carlos.
FORE:The complaints of agricultural distress prevalent in England, with the sudden reaction from war prices at the establishment of peace, had become so loud and general this year that Parliament undertook to find a remedy. An agricultural committee had been appointed to inquire into the subject, and had produced a report which was far from satisfactory. On the 29th of April the House of Commons resolved itself into a committee to consider the report. Three different schemes were proposed for the relief of the farmers and landlordsthe first by the Marquis of Londonderry, the second by Mr. Ricardo, and the third by Mr. Huskisson. There was no scarcity of produce in England; on the contrary, it was very abundant, and the evil that oppressed the farmers was excessive cheapness, by which they were disabled from paying the high rents and heavy taxation entailed by the war. Some of the remedies proposed were sufficiently radical in their character. The most natural was the reduction of taxation by means of retrenchment in the public expenditure. Some proposed that the tithes should be alienated from the Church, and used for the purpose of reducing the national burdens. The largest party insisted upon the reduction of the interest of the National Debt, which was defended as an equitable measure on the ground of the increased value of the currency since the passing of Peel's Bill for the resumption of cash payments. The plan of relief proposed by Lord Londonderry consisted of the repeal of the annual malt tax, and the loan of a million by Exchequer Bills to the landed interest upon the security of warehoused corn.
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