THREE:Whilst the debate was proceeding, great crowds gathered round the House, and became even more numerous and more agitated. Walpole, irritated by the persuasion that these throngs were collected by the arts of the Opposition, threw out a remark which he afterwards deeply repented. He said gentlemen might call themselves what they liked, but he knew whom the law called "Sturdy Beggars." This phrase, carried out of doors, highly incensed the crowd, who considered that it was meant to cast contempt on the people at large. At two o'clock in the morning, and after thirteen hours' debate, on division there appeared two hundred and sixty-six for the measure, and two hundred and five against. The great increase of the minority struck Walpole with surprise and alarm.The commercial treaty with France, Pitt's greatest achievement as a financier, was not signed until the recessnamely, in September. It was conceived entirely in the spirit of Free Trade, and was an honest attempt to establish a perpetual alliance between the two nations. Its terms were:That it was to continue in force for twelve years; with some few exceptions prohibitory duties between the two countries were repealed; the wines of France were admitted at the same rate as those of Portugal; privateers belonging to any nation at war with one of the contracting parties might no longer equip themselves in the ports of the other; and complete religious and civil liberty was granted to the inhabitants of each country while residing in the other. One result of the treaty was the revival of the taste for light French wines which had prevailed before the wars of the Revolution, and a decline in the sale of the fiery wines of the Peninsula. But the treaty was bitterly attacked by the Opposition. Flood reproduced the absurd argument that wealth consists of money, and that trade can only be beneficial to the country which obtains the largest return in gold. Fox and Burke, with singular lack of foresight, declaimed against Pitt for making a treaty with France, "the natural political enemy of Great Britain," and denounced the perfidy with which the French had fostered the American revolt. In spite of the illiberality of these arguments, Pitt, with the acquiescence of the commercial classes, carried the treaty through Parliament by majorities of more than two to one.
