As the French now made vigorous preparations for war, George II. began to tremble for Hanover, and put out all his energies to accomplish fresh alliancesof course, at the cost of fresh subsidies to be paid by England. Hesse-Cassel, the Empress of Russia, and even his old enemy, Frederick of Prussia, were applied to, and engaged, by promises of English money, in defence of Hanover. George was especially afraid of Frederick, who was bound by no ties where his interest was at stake, and who, if not retained at a high rate, might fall on Hanover as he had done on Silesia. In gaining Frederick, however, George lost his old ally, Austria, which, forgetting all past obligations, immediately made alliance with France.
ONE:If we were to believe figures, and the returns of exports and imports, and of duties paid, we must set down the opening of the year 1819 as considerably prosperous. This was the view which Ministers took of the condition of Great Britain when they met the new Parliament on the 14th of January. The speculations that had been carried on during 1818 had swelled the revenue, and given an impression of growing commerce, which unfortunately did not exist. The results of these speculations in imports of raw material, especially of cotton, and in extensive exports of manufactures to countries not yet sufficiently reinvigorated to purchase, had produced numerous and heavy failures during the latter part of the past year, and these still continued, in strange contrast to the self-congratulating language of Ministers. In nothing was the fall of price so great as in cotton, and those who had bought[142] largely suffered in proportion. These bankruptcies were not confined to Great Britain; they extended to New York, and to southern ports of the United States, where the same speculation had been going on largely.
The art of coining received, like other things, a new facility and perfection from the application of the steam-engine. Messrs. Boulton and Watt, at the Soho Works, set up machinery, in 1788, which rolled out the metal, cut out the blanks, or circular pieces, shook them in bags to take off the rough edges, and stamped the coinsin higher perfection than ever before attainedat the rate of from thirty to forty thousand per hour.Such was the battle of Dettingen, equally remarkable for the blunders of the generals and the valour of the men; still more so, as the last battle in which a King of England has commanded in[85] person. At Hanau, the army not only refreshed itself, but was joined by reinforcements, which rendered the Allies nearly equal in numbers to the French. Lord Stair, therefore, proposed to pass the Main, and make a second attack on the enemy. The king, however, would not consent. Stair, with all his bravery, had shown that he was very incautious. He was, moreover, of a most haughty temper, and had quarrelled violently with the Hanoverian officers, and displayed much contempt for the petty German princes. They were, therefore, by no means inclined to second his counsels, though they had fought gallantly at Dettingen. Stair complained loudly of the neglect to follow up the French, and resigned."I have adopted all such precautions as it was in my power to adopt for the purpose of alleviating the sufferings which may be caused by this calamity; and I shall confidently rely on your co-operation in devising such other means for effecting the same benevolent purpose as may require the sanction of the Legislature."