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THREE:Lord Howe now prepared to attack New York, where Washington had about thirty thousand men. But the latter's troops were ill-equipped, and deficient in discipline. Washington expected that Howe would attack New York by the way of Long Island, and so he had posted nine thousand men at Brooklyn, nearly opposite to it, behind entrenchments thrown up by General Greene. Greene had been attacked by fever; and General Putnam, who had taken his post, was but indifferently acquainted with the position of the forces and the nature of the ground they would have to defend with a rabble of most insubordinate troops. In these circumstances General Howe, on the morning of the 22nd of August, threw over from Staten Island into Long Island four thousand men, under the command of General Clinton. They landed in Gravesend Bay, under cover of the artillery of three frigates and two bombs. The rest of the army followed with the artillery. Washington hastened over from New York to strengthen General Sullivan, who was in command on the island. He posted no less than fifteen thousand men along a peninsula at that end of the island facing New York.

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But the royal family put no faith in these professions; they resolved not to wait the arrival of the French, but to muster all the money and valuables that they could, and escape to their South American possessions. Whilst these preparations were being made in haste, the British traders collected their property and conveyed it on board British vessels. The inhabitants of the British factory, so long established in Lisbon, had quitted it on the 18th of October, amid the universal regret of the people. The ambassador, Lord Strangford, took down the British arms, and went on board the squadron of Sir Sidney Smith, lying in the Tagus. On the 27th of November the royal family, amid the cries and tears of the people, went on board their fleet, attended by a great number of Portuguese nobility; in all, about one thousand eight hundred Portuguese thus emigrating. The Prince Regent accompanied them, sensible that his presence could be of no service any longer. The fleet of the royal emigrants was still in the Tagus, under the safe[548] protection of Sir Sidney Smith's men-of-war, when Junot and his footsore troops entered Lisbon, on the 1st of December. He was transported with rage when he saw their departing sails, for he had received the most imperative injunctions to secure the person of the Prince Regent, from whom Napoleon hoped to extort the cession of the Portuguese American colonies. Junot declared that the Prince Regent and royal family, having abandoned the country, had ceased to reign, and that the Emperor Napoleon willed that it should henceforth be governed, in his name, by the General-in-chief of his army. This proclamation of the 2nd of February set aside at once the conditions of the Treaty of Fontainebleau; the imaginary princedom of Godoy was no more heard of, and the kingdom erected for the King of Etruria remained a mere phantom at the will of Buonaparte. The property of the royal family, and of all who had followed them, was confiscated; a contribution of four million five hundred thousand pounds sterling was laid on a people of less than three millions, and as there was not specie enough to pay it, plate and every kind of movable property was seized in lieu of it, without much regard to excess of quantity. The officers became money-brokers and jobbers in this property, much of which was sent to Paris for sale, and the whole unhappy country was a scene of the most ruthless rapine and insult.FRANKFORT. (From a Photograph by Frith & Co., Reigate.)Mr. Vansittart introduced some financial measures which effected a material saving. He proposed a plan for reducing the interest of the Navy Five per Cents. to four per cent. Holders not signifying their dissent were to have one hundred and five pounds in a New Four per Cent. stock, and persons dissenting were to be paid off in numerical order. By this scheme an annual saving to the public of one million one hundred and forty thousand pounds would be effected; besides a further saving of upwards of ninety thousand pounds of annual charge, which would be gained by similar reduction of the Irish Five per Cents. The high prices of the public funds obviated all difficulty in the execution of this financial operation, and the holders of the Five per Cent. stock found it expedient to acquiesce in the Minister's terms. The dissentients were in number only one thousand seven hundred and seventy-eight, and the stock held by them amounted to two million six hundred and fifteen thousand nine hundred and seventy-eight pounds, not a fifteenth part of the Five per Cent. capital. Another operation related to what was called "The Dead Weight Annuity." The amount of military and naval pensions and civil supernumeraries was about five millions annually. Accordingly Mr. Vansittart brought forward an amended scheme for relieving the immediate pressure of this dead weight by extending it over a longer term of years than the natural lives of the annuitants. For this purpose an annuity of two million eight hundred thousand pounds was appropriated out of the existing revenue for forty-five years, invested in trustees for the discharge of the then payments, which for that year were estimated at four million nine hundred thousand pounds, subject to a yearly diminution by deaths. It was computed that, according to the ordinary duration of human life, the annuities for the lives of the then holders would be equal to the annuity of two million eight hundred thousand pounds for forty-five years. The trustees were therefore empowered to sell from time to time such portions of this annuity as would provide the funds required for the payment of the dead weight, according to a computation made of the amount which would probably be due in each year. The Bank of England became the contractor for a portion of the annuity. There was no novelty of principle in the project; it was only the old one of anticipating distant resources by throwing the burden of the existing generation on the next. It had the further disadvantage of incurring a useless expense for management; whereas the Sinking Fund, amounting at the time to about five millions, might have been applied to existing exigencies, and a real saving effected.Toryism had now lost two of its main pillars, the Marquis of Londonderry and the Duke of York. They had worked together for many years, one directing the foreign policy of the country while sustaining the chief burden of a great war against France, the other at the head of the British army, whose valour ultimately triumphed at Waterloo. A third of those pillars, Lord Liverpool, was now struck down; and the fourth, Lord Eldon, was not destined to survive very long. On the 17th of February a stroke of paralysis terminated the public life of the Prime Minister, though he survived till December 4th in the following year (1828). He was born in 1770, and as Mr. Jenkinson and Lord Hawkesbury had been a firm supporter of Mr. Pitt; his Premiership commenced on June 9th, 1812. He had acquired from his father an extensive knowledge of monetary and commercial affairs, and this, combined with the experience of a protracted official career, gave him a great advantage in Parliament, making him master of the leading principles and facts. Amiable, exemplary, frank, and disinterested in his private character, he secured the attachment of his friends, and conciliated the good-will of his political opponents. He was not distinguished for superior statesmanship, power in debate, or originality of mind; but as a political leader he was what is called a safe mancautious, moderate, plausible, and conciliatory. His Cabinet was weakened by division, the most agitating topic of the day being an open question with its membersEldon, Wellington, and Peel voting with him on one side, Canning and his friends on the other. His practical wisdom was shown in so far yielding to the spirit of the times as to admit Mr. Canning into the Cabinet on the death of Lord Londonderry, though he found great difficulty in overcoming the repugnance of the king to this arrangement. In the same spirit he had admitted the Grenvilles to a responsible share in the Administration. Had he been a man of more decision of character and more energetic will, he would have been more one-sided and straightforward, and that would not have suited a time of great transition and changes of political currents. During his long tenure of office new ideas were fermenting in the public mind. The people had become impatient of class legislation, and were loudly demanding greater influence in the legislation of the country, greater security for their rights, and freer scope for their industry. They had the most powerful advocates in the press and in Parliament, where Henry Brougham stood foremost among their champions, incessantly battling for their cause. The Conservatives were entrenched behind the bulwarks of monopoly, which were assailed with a frequency and determination that, it was foreseen by the wisest of their defenders, nothing could ultimately resist. Lord Liverpool, with great tact and prudence, managed to postpone the hour of surrender so long as he was in command of the fortress. He had yielded one outwork after another, when resistance was no longer possible, but the value of his services in retaining the rest was not fully appreciated till he was disabled and placed hors de combat. Without any far-reaching sagacity, he could estimate the relative value of existing social and political forces, and, weighing all the circumstances, determine what was the best thing to be done, the best of several courses to adopt here and now. He felt that Catholic Emancipation and Parliamentary Reform might be still safely resisted, and here he was loyal to his party; but on questions of currency, Free Trade, and navigation, he went readily with his Liberal supporters.
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