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The winter of 1836-7 was marked by great commercial activity, and a strong tendency to over-trading, chiefly on the part of the banks. The result was a reaction, and considerable monetary embarrassment. In the reckless spirit of enterprise which led to these consequences, the American houses took the lead. The American speculators indulged an inordinate thirst for gain by land jobs, and over-trading in British produce. The most remarkable examples of this were afforded by three great American houses in London, called "the three W.'s." From an account of these firms, published in June, 1837, it appeared that the amount of bills payable by them from June to December, was as follows: Wilson and Co.,[411] 936,300; Wigan and Co., 674,700; Wildes and Co., 505,000; total acceptances, 2,116,000. This was upwards of one-sixth of the aggregate circulation of the private and joint-stock banks of England and Wales, and about one-eighth of the average circulation of the Bank of England. The shipments to America by Wigan and Co. amounted to 1,118,900. The number of joint-stock banks that started into existence at this time was remarkable. From 1825 to 1833 only thirty joint-stock banks had been established. In that year the Charter of the Bank of England being renewed, without many of the exclusive privileges it formerly enjoyed, and the spirit of commercial enterprise being active, joint-stock banks began to increase rapidly. There was an average of ten new companies annually, till 1836, when forty-five of these establishments came into existence in the course of ten months. In Ireland there were ten started in the course of two years. The consequence of this greatly increased banking accommodation produced a wild spirit of commercial adventure, which collapsed first in America, where the monetary confusion was unexampledbankers, importers, merchants, traders, and the Government having been all flung into a chaos of bankruptcy and insolvency. This state of things in America had an immediate effect in England. Discounts were abruptly refused to the largest and hitherto most respectable houses of Liverpool and London. Trade, in consequence, became paralysed; prices suddenly dropped from thirty to forty per cent.; and the numerous share bubblesthe railway projects, the insurance companies, the distillery companies, the cemetery companies, the sperm oil, the cotton twist, zoological gardens, and other speculationswhich had floated on the pecuniary tide, all suddenly collapsed, and there was an end to the career of unprincipled adventurers. It is satisfactory, however, to observe that the sound commerce of the country soon recovered the shock thus given; and in less than two years the pecuniary difficulties had passed away. Commerce had resumed its wonted activity, and flowed steadily in legitimate channels. The American banks resumed payment, and the three great American houses, which had involved themselves to such an enormous extent, were enabled to meet all their liabilities.But the attempts to reduce the other chiefs to subjection were unsuccessful. An unfortunate collision with the tribes of Ghilzais formed a painful episode in the Afghan war. The Cabul Pass is a long defile, through which the road runs from Cabul to Jelalabad, which it was therefore necessary to keep open for the purpose of safe intercourse between Cabul and British India. The Indian Government thought that the most desirable mode of effecting this object was to pay the Ghilzai chiefs a yearly sum from the Cabul treasury, in order that our troops might not be molested. But retrenchment being determined upon, the money was withheld; the chiefs, therefore, felt that the British had been guilty of a deliberate breach of faith. They were exasperated, assumed a hostile attitude, and cut off all communication with British India. It therefore became necessary to force the Pass, for which purpose Major-General Sir Robert Sale was sent by General Elphinstone from Cabul, with a brigade, of light infantry. On the 12th of October they entered the Pass, near the middle of which the enemy were found posted behind precipitous ridges of the mountains on each side, from which they opened a well-directed fire. General Sale was hit with a ball above the ankle, and compelled to retire and give the command to Colonel Dennie. The Pass was gallantly cleared, but with severe fighting and heavy loss. After this was accomplished, the force had still to fight its way through a difficult country, occupied by an active enemy, for eighteen days. All the commanding points of the hills were held by the Ghilzais, where they were protected by breastworks; and though they had been from time to time outflanked and routed, when the march was resumed and the cumbrous train of baggage filed over the mountains the enemy again appeared from beyond the most distant ridges, renewing the contest with increased numbers and the most savage fury. Since leaving Cabul our troops had been kept constantly on the alert by attacks night and day. Their positions had been secured only by unremitting labour, throwing up entrenchments, and very severe outpost duty. The enemy were eminently skilful at the species of warfare to which their attempts had been confined, and were armed with weapons that enabled them to annoy the invaders from a distance at which they could be reached only by our artillery. The brigade reached Jelalabad on the 12th of November.
ONE:Another topic of the speech was the mental derangement of the king, which was now asserted, on the authority of the physicians, to be more hopeless; Mr. Perceval argued, therefore, the necessity of arranging the Royal Household so as to meet the necessarily increased expenditure. Resolutions were passed granting an addition of seventy thousand pounds per annum to the queen towards such augmented expenditure, and to provide further income for the Prince Regent. Two Courts were to be maintained, and the Regent was to retain his revenue as Prince of Wales. The Civil List chargeable with the additional seventy thousand pounds to the queen was vested in the Regent; and no sooner were these particulars agreed to than he sent letters to both Houses, recommending separate provision for his sisters; so that the Civil List was at once to be relieved of their maintenance and yet increased, simply on account of the charge of a poor blind and insane old man, who could only require a trusty keeper or two. The separate income agreed to for the princesses was nine thousand pounds a-year each, exclusive of the four thousand pounds a-year each already derived from the Civil Listso that there was needed an annual additional sum of thirty-six thousand pounds for the four princesses, besides the sixteen thousand pounds a-year now being received by them. Some members observed that the grant to the Regent, being retrospective, removed altogether the merit of his declaration during the last Session of Parliament that, "considering the unexampled contest in which the[23] kingdom was now engaged, he would receive no addition to his income." In fact, little consideration was shown by any part of the royal family for the country under its enormous demands. It was understood that there was once more a deficiency in the Civil List, which would have to be made up.

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  • FORE:

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  • FORE:It must be confessed that it was impossible to keep peace with a nation determined to make war on the whole world. Perhaps on no occasion had the pride of the British people and their feelings of resentment been so daringly provoked. War was proclaimed against Britain, and it was necessary that she should put herself in a position to protect her own interests. The country was, moreover, bound to defend Holland if assaulted. But though bound by treaty to defend Holland, Great Britain was not bound to enter into the defence of all and every one of the Continental nations; and had she maintained this just line of action, her share in the universal war which ensued would have been comparatively insignificant. Prussia, Russia, and Austria had destroyed every moral claim of co-operation by their lawless seizure of Poland, and the peoples of the Continent were populous enough to defend their own territories, if they were worthy of independence. There could be no just claim on Britain, with her twenty millions of inhabitants, to defend countries which possessed a still greater number of inhabitants, especially as they had never been found ready to assist us, but on the contrary. But Britain, unfortunately, at that time, was too easily inflamed with a war spirit. The people as well as the Government were incensed at the disorganising and aggressive spirit of France, and were soon drawn in, with their Quixotism of fighting for everybody or anybody, to league with the Continental despots for the purpose not merely of repelling French invasions, but of forcing on the French a dynasty that they had rejected.

    Donec sit amet ligula enim. Duis vel condimentum massa. Maecenas eget congue dui.

  • FORE:Bagration, prevented by Jerome of Westphalia from pursuing his route towards Drissa, changed his course towards Minsk; but finding himself outstripped there too, he made for the Beresina, and effected a passage at Bobruisk. He then ascended the Dnieper as far as Mohilev; but, finding himself anticipated by Davoust, he attacked that general in the hope of cutting his way through. In this he failed, after a sharply-contested engagement, and once more he retired down the Dnieper, and crossed at Nevoi-Bikoff, which enabled him to pursue his course for a union with Barclay de Tolly, who was making for Smolensk. Thus Bagration, though running imminent hazard of being cut off, managed to out-man?uvre Napoleon himselfa new event in his campaigns. On his march, his troops had several encounters with the French and Polish cavalry; but Platoff showed great gallantry, and often severely punished the enemy.

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  • FORE:

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  • FORE:William Stanhope was rewarded for his accomplishment of this treaty with the title of Lord Harrington, and was soon after made Secretary of State. But whilst the English were delighted by the completion of the treaty, the Emperor was enraged by it, and his mortification was doubled by the fact that, when he sought to raise four hundred thousand pounds by a loan in London to supply the want of his Spanish subsidies, the Ministry brought in and rapidly passed a Bill prohibiting loans to foreign Powers, except by a licence from the king under the Privy Seal. The Opposition raised a loud outcry, calling it "a Bill of Terrors," an "eternal yoke on our fellow-subjects," and a "magnificent boon to the Dutch." But Walpole very justly answered, "Shall British merchants be permitted to lend their money against the British nation? Shall they arm an enemy with strength and assist him with supplies?"

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  • FORE:But whilst these conflicts were taking place, the Revolution was marching on at full speed, and had reached its heightthe Declaration of Independence. The Continental Congress, on the 15th of May, passed a resolution that it was necessary for such of the States as had not framed for themselves such constitutions as were required by the altered circumstances of the country, to forthwith frame such as should be conducive to their safety and welfare. This was published in all the newspapers, accompanied by a statement that, as the King of England, in concurrence with his Parliament, had excluded the people of those colonies from his protection, it became indispensable to abolish the constitution established by that power, and frame one for themselves. Here was a plain declaration; there was no longer any mistake.The Government now resolved to follow up the vigorous step they had so tardily taken, by the prosecution of O'Connell and several leading members of the Association. They were arrested in Dublin on the 14th of October, charged with conspiracy, sedition, and unlawful assembly. The other gentlemen included in the prosecution were Mr. John O'Connell, Mr. Thomas Steele, Mr. Ray, Secretary to the Repeal Association, Dr. Gray, proprietor of the Freeman's Journal, Mr. Charles Gavan Duffy, editor of the Nation, Mr. Barrett, of the Pilot, and the Rev. Messrs. Tyrrell and Tierney, Roman Catholic priests. Mr. O'Connell, with his two sons and several friends, immediately on his arrest, went to the house of Mr. Justice Burton, and entered into recognisances, himself in 1,000, with two sureties of 500 each. The tone of Mr. O'Connell was now suddenly changed. From being inflammatory, warlike, and defiant, it became intensely pacific, and he used his utmost efforts to calm the minds of the people, to lay the storm he had raised, and to soothe the feelings he had irritated by angry denunciations of the "Saxon." That obnoxious word was now laid aside, being, at his request, struck out of the Repeal vocabulary, because it gave offence. Real conciliation was now the order of the day.

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THREE:

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THREE:On the 14th of January, 1766, the king opened Parliament with a speech, rendered necessary by the change of Ministry and the affairs of America. A great debate followed, in which Burke made his maiden speech, and was followed by Pitt, who said in his loftiest tone of eloquence: "This kingdom has no right to lay a tax upon the colonies. On this point I could not be silent, nor repress the ardour of my soul, smote as it is with indignation at the very thought of taxing America internally without a requisite voice of consent. Taxation is no part of the governing or legislative power. Taxes are the voluntary gift and grant of the Commons alone. At the same time, on every real point of legislation, I believe the authority to be fixed as the pole-starfixed for the reciprocal benefit of the mother country and her infant colonies. They are the subjects of this kingdom, equally entitled with yourselves to all the rights of mankind and the peculiar privileges of Englishmen, and equally bound by its laws. The Americans are the sons, not the bastards of England. The distinction between legislation and taxation is essential to liberty. The Crown, the Peers, are equally legislative powers with the Commons. If taxation be a part of simple legislation, the Crown, the Peers, have rights in taxation as well as yourselvesrights which they will claim whenever the principle can be supported by might."

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ONE:One of the most charming poets of the time was Mrs. Hemans, whose maiden name was Felicia Dorothea Browne, daughter of a Liverpool merchant, and sister of Colonel Browne, a distinguished officer, who was for many years one of the Commissioners of the Metropolitan Police in Dublin. In 1819 she obtained a prize of 50 for the best poem on the subject of Sir William Wallace; and in 1821 that awarded by the Royal Society of Literature for the best poem on the subject of Dartmoor. Her next production was a tragedy, "The Vespers of Palermo," which was unsuccessful on the stage. "The Forest Sanctuary" appeared in 1826, and in 1828 "Records of Woman." In 1830 appeared "Songs of the Affections," and four years later, "National Lyrics," "Hymns for Childhood," and "Scenes and Hymns of Life." There was a collective edition of her works published, with a memoir by her sister, in 1839, and several other editions subsequently, not only in Great Britain, but in America, where her poems were exceedingly popular. She died in 1835.France ceded Canada, Nova Scotia, and Cape Breton, stipulating for the free exercise of their religion by the inhabitants of Canada, and for their leaving the country if they preferred it, carrying away their effects, if done within eighteen months. Nova Scotia and Cape Breton were given up unconditionally. The boundaries of Louisiana were more clearly defined. The French retained the right to fish on part of the coast of Newfoundland and in the Gulf of St. Lawrence and to retain the two little islets of St. Pierre and Miquelon, as places of shelter for their fishermen, on condition that no batteries should be raised on them, nor more than fifty soldiers keep guard there. Their fishermen were not to approach within fifteen miles of Cape Breton.
FORE:Through all these arrangements Lord North continued to persist in his resignation. If the king had had any glimmering of what was necessary to save the colonies, he would himself have removed North long ago. But the only man who could take the place with any probability of success, or with any of the confidence of the public, was Lord Chatham, whom the king regarded with increasing aversion. Chatham's pride, which would not stoop an inch to mere outside royalty, feeling the higher royalty of his own mind, so far from seeking office, must himself be sought, and this deeply offended the monarch. Lord North could point to no other efficient successor, and George angrily replied that, as regarded "Lord Chatham and his crew," he would not condescend to send for "that perfidious man" as Prime Minister; he would only do it to offer him and his friends places in the Ministry of Lord North.

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TWO:Wolfe, meanwhile, had reached the St. Lawrence in June, on board a fleet commanded by Admiral Saunders. The navigation of that river was considered very dangerous, but in ascending they captured two small store-ships, and found on board some excellent charts of the river, which enabled the admiral to ascend safely. On the 27th of June the army was landed on the Isle of Orleans, in the middle of the St. Lawrence, in front of Quebec.In the Peninsula, altogether, the French had upwards of two hundred thousand men, but the force which Massena led against Wellington did not amount to more than sixty thousand, Drouet remaining, for the present, in Spain with eighteen thousand men, and Regnier lying in Estremadura[603] with ten or twelve thousand more. To contend against Massena's sixty thousand veterans, Lord Wellington had only twenty-four thousand British on whom he could rely. He had thirty thousand Portuguese regulars, who had been drilled by General Beresford, and had received many British officers. Wellington had great expectation that these troops, mixed judiciously with the British ones, would turn out well; but that had yet to be tried. Besides these, there were numerous bodies of Portuguese militia, who were employed in defending the fortresses in Alemtejo and Algarve, thus protecting the flanks of Wellington's army.

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99 
TWO:Thus the entente cordiale was broken, and the two Powers were left isolated in Europe, for the efforts of Louis Philippe to form an alliance with the Austrian Court were without success. In the circumstances Lord Palmerston's foreign policy during these eventful years was inevitably somewhat unsatisfactory. When Austria, in defiance of pledges, annexed the Republic of Cracow, he could only issue a solitary protest, which was completely disregarded. In Portugal affairs were once more in complete confusion, the Conservative party, headed by the Queen, being in arms against the so-called Liberals led by Das Antas. Palmerston left them to fight it out until foreign intervention appeared inevitable from Spain, if not from France; then he made an offer of help to the Queen Donna Maria, on condition that she would grant a general amnesty and appoint a neutral Administration. The terms were accepted by the Conservatives. The Liberal Junta submitted on hearing that its fleet had been captured by the British, and the civil war came to an end. Meanwhile, in Switzerland Lord Palmerston was upholding the cause of the Diet against the secessionist cantons known as the Sonderbund, by refusing to countenance the intervention of the Powers in Swiss affairs, which was advocated by Prince Metternich and also by Guizot. For a moment his position was dangerous, as Guizot declared that the opportunity had come for France to take vengeance upon England by forming another Quadruple Treaty, from which Great Britain should be excluded. But the prompt victory of the Diet's general, Dufour, over the forces of the Sonderbund saved the situation, and owing to Palmerston's representations the victorious party abstained from vindictive measures. Thus revolution was postponed in Europe for another year, and Palmerston attempted similar results in Italy, whither he sent Lord Minto, the First Lord of the Admiralty, on a special mission to support constitutional reforms in Sardinia and at Rome, where the new Pope, Pius IX. by title, was supposed to be the friend of progress. But the blind hostility[550] of Metternich prevailed. The reforms granted by his puppet princes were wholly insufficient in extent, and events in Italy were evidently hastening towards an upheaval, when the train of the European explosion was fired in France.Hitherto the United Irishmen had obtained little support from the Catholics, who were entirely out of sympathy with the Protestantism of one section of the party, and the irreligion of Wolfe Tone and his immediate associates. They preferred to look to the British Government, and especially to Pitt who was known to be favourable to the Catholic claims. But the Protestants in the Irish Parliament were too strong for him, and only a few remedial measures were passed and those inconsiderable in extent. In 1792 Sir Hercules Langrishe, with the consent of the Government, succeeded in carrying a Bill which admitted Catholics to the profession of the law, removed restrictions on their education, and repealed the Intermarriage Act. In 1793 the Irish Secretary, Major Hobart, succeeded, after much Government pressure, in carrying a second Catholic Relief Bill, admitting Catholics to the grand juries, magistracy, and finally to the franchise, though not to Parliament. Further than that Pitt could not be induced to go. He would neither consent to the admission of Catholics to Parliament, nor would he consent to a measure of Parliamentary reform, though the state of the representation was about as rotten as could possibly be conceived. From an inquiry instituted some years earlier it appeared that out of a House of 300 members 124 were nominated by 53 peers, while 91 others were chosen by 52 commoners. The British ascendency was, in fact, maintained by a system of organised corruption and place-holding, which failed only when religious bigotry carried the day.
THREE:Dr. Thomas Burnet is known for his eloquent and able History of the Earth, "Telluris Sacra Theoria," first published in Latin, and afterwards in English. This work, on which his fame rests, was greatly read and admired at the time, but the discoveries of modern science have reduced it to mere ingenious but unfounded theory. He was also author of "Arch?ologica Philosophica," and some lesser treatises. Victory of PittThe King's delightPitt's FinanceThe India BillPitt's BudgetThe Westminster ElectionThe ScrutinyFox is returnedThe Volunteers in IrelandFlood's Reform BillRiots in IrelandPitt's Commercial Policy for IrelandOpposition of the English MerchantsAbandonment of the MeasurePitt's Reform BillHis Administrative ReformsBill for fortifying Portsmouth and PlymouthPitt's Sinking FundFavourable Reception of the BillPitt's Excise BillCommercial Treaty with FranceImpeachment of Warren HastingsRetrospect of Indian Affairs: Deposition of Meer JaffierResistance of Meer CossimMassacre of PatnaBattle of Buxar and Capture of AllahabadClive's Return to IndiaSettlement of Bengal and OudeDomestic ReformsRise of Hyder AliHis Treaty with the EnglishHe is defeated by the MahrattasDeposition of the Rajah of TanjoreFailure of Lord Pigot to reinstate himLord North's Regulating BillDeath of CliveWarren Hastings becomes Governor-GeneralHis dealings with the FamineTreatment of Reza Khan and the Nabob of BengalResumption of Allahabad and CorahMassacre of the RohillasArrival of the New Members of CouncilStruggle for SupremacyRobbery of Cheyte SingNuncomar's ChargesHis Trial and ExecutionHastings' Constitutional ResignationHis Final VictoryWars against the MahrattasHyder Ali's AdvanceDefeat of BaillieEnergy of HastingsVictories of Sir Eyre CooteCapture of Dutch SettlementsNaval Engagements between the British and FrenchDeath of Hyder AliTippoo continues the WarHe invokes PeaceHastings' extortions from Cheyte SingHastings' visit to BenaresRising of the PeopleRescue of Hastings and Deposition of Cheyte SingExtortion from the Begums of OudeParliamentary InquiriesHastings' Reception in EnglandBurke's Motion of ImpeachmentPitt's Change of FrontThe Prince of Wales and the WhigsInquiry into his DebtsAlderman Newnham's MotionDenial of the Marriage with Mrs. FitzherbertSheridan's Begum SpeechImpeachment of HastingsGrowth of the Opposition to the Slave TradeThe Question brought before ParliamentEvidence ProducedSir W. Dolben's BillTrial of Warren HastingsSpeeches of Burke, Fox, and SheridanIllness of the KingDebates on the Regency BillThe King's RecoveryAddress of the Irish Parliament to the Prince of Wales. THREE: THREE:[See larger version]
While these events were occurring in London, renewed signs of that terrible Irish difficulty which, in the end, played so prominent a part in hastening the conversion of the party who had opposed Free Trade, began to be forced upon the attention of public men. On the 6th of June the Limerick Reporter stated that at Listowel the state of the poor was awful and deplorable, potatoes being sixteen pence a stone, and there being no employment. One morning a boat, containing 560 barrels of oats, while waiting for the steamer at Garry Kennedy harbour, on its way to Limerick, was boarded by a large body of the populace, who possessed themselves of part of the grain. The police were sent for, but did not arrive in time to save the property. The Dublin Pilot reported that the people of Limerick, prompted by the cravings of hunger, had broken out in violent attacks on the flour stores and provision shops throughout the city, sparing none in their devastation. Flour was openly seized and distributed by the ringleaders among the populace. The crowd was at length dispersed by the military, and the mayor called a meeting of the inhabitants, to provide some means of meeting the distress. In the meanwhile, ten tons of oatmeal had been distributed among the most wretched, which was stated for the present to have satisfied their cravings. These things, it was remarked, took place while corn and flour, to the amount of four or five millions sterling, might, in a few weeks, be had in exchange for our manufactured goods.The troops of the Convention were equally successful against Lyons. It was speedily invested by numerous troops, under the command of Dubois-Cranc, one of the Commissioners of the Convention. On the 21st of August he summoned the place to surrender, but the Lyonese held out till the 2nd of October, when Couthon, one of the most ruthless of the Jacobin deputies, arrived, with twenty-eight thousand armed peasants, from Auvergne. He demanded that the city should be instantly bombarded, and, if necessary, reduced to ruins. Dubois-Cranc said there was no need for this merciless alternative, as the place must very soon yield from famine. Couthon thereupon obtained an order from the Convention to supersede Dubois-Cranc, as devoid of proper Republican zeal; and on the 7th of October commenced a terrible bombardment. The inhabitants came to a parley with Couthon, and agreed to surrender without conditions. Couthon immediately appointed a committee to try all rebels, and he sent his opinion of the population at large to the Convention, describing the people as of three kindsthe wicked rich, the proud rich, and the ignorant poor, who were too stupid to be good Republicans. He proposed to guillotine the first class, to seize the property of the second, and to remove the last into different quarters of France. The Convention adopted his views cordially, and passed a decree that Lyons should be destroyed; that nothing should be left but the houses of the poor, the manufactories, the hospitals, the school of arts, the public schools, and public monuments; that the name of Lyons should be buried for ever, and that on its ruins should be erected a monument bearing this inscription:"Lyons made war against liberty: Lyons is no more!" The name of the spot ever afterwards was to be the Liberated Commune. The massacres were carried out by Collot d'Herbois.Attention was now turned to a matter of the highest importance in a commercial, an intellectual, and a moral point of view. The stamp duty on newspapers had been the subject of keen agitation for some months, and newspaper vendors had incurred repeated penalties for the sale of unstamped newspapers; some of them having been not only fined, but imprisoned. A general impression prevailed that such an impost was impolitic, if not unjust, and that the time had come when the diffusion of knowledge must be freed from the trammels by which it had been so long restrained. A deputation, consisting of Dr. Birkbeck, Mr. Hume, Colonel Thompson, Mr. O'Connell, Mr. Grote, Mr. Roebuck, Mr. Brotherton, Mr. Wallace, and Mr. Buckingham, having, on the 11th of February, waited upon Lord Melbourne, to ask for an entire abolition of the stamp on newspapers, he promised to give his most serious attention to the matter; and he kept his word, for on the 15th of the next month the Chancellor of the Exchequer brought the subject before Parliament, and announced the intentions of Government with regard to it. He stated that it was proposed to revise the whole of the existing law respecting stamp duties, first by consolidating into one statute the 150 Acts of Parliament over which the law was at present distributed; secondly,[402] by the apportionment of the various rates on a new principlenamely, by the simple and uniform rule of making the price of the stamp in every case correspond to the pecuniary value involved in the transaction for which it is required. The effect of this change would be to reduce the stamp duty upon indentures of apprenticeship, bills of lading, and many others of the more common instruments, and to increase it upon mortgages and conveyances of large amounts of property. It was intimated that the proposed Consolidation Act would contain no less than 330 sections. With regard to the stamp on newspapers, then fourpence with discount, it was proposed to reduce it to one penny without discount. This would be a remission of a proportion, varying according to the price of the newspaper, of between two-thirds and three-fourths of the tax. To this remission Parliament assented, and the illicit circulation of unstamped papers was in consequence abandoned. Some of the members very reasonably objected to any stamp whatever on newspapers; but the time was not yet come when Government would venture entirely to remove it, although the advantages which must necessarily arise from such a proceeding could not but have been foreseen. It was considered unfair that the public at large should pay for the carriage of newspapers by post; and it does not seem to have been remembered that, as only a portion of them would be transmitted in this way, an injustice would be committed by demanding payment for all. The difficulty of the case was, however, in due time, easily surmounted; and political knowledge was, by the change even then made, in a great degree exempted from taxationa good preparation for the time, which was not very far off, when a newspaper of a high order might be obtained, even for the reduced price of the stamp.
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