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ONE:[See larger version] TWO:"Buckingham Palace,

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ONE: TWO:The ships being got afloat again, on the 12th of April Parker sailed away with the main body of the fleet, leaving the St. George (with Nelson) and a few other ships to repair their damages. Sir Hyde Parker went in quest of the Swedish fleet, which consisted only of six ships, and which had taken refuge behind the forts of Karlskrona. Parker sent in a flag of truce, informing them of the armistice with Denmark, and demanding an answer as to the intentions of Sweden. Gustavus, the King of Sweden, hastened to Karlskrona, and on the 22nd informed the English admiral that he was ready to treat with an envoy accredited to the Northern Powers. Admiral Parker then proceeded towards the Gulf of Finland to attack the Russian fleet, but was soon overtaken by a dispatch boat from the Russian ambassador at Copenhagen, announcing that the Emperor Paul had been murdered by his courtiers, and that his son, Alexander, had accepted the proposals of Britain to treat. Parker considered the news of Paul's death as tantamount to the conclusion of peace, and proposed sailing down the Baltic again; but Nelson, who had joined him at Karlskrona, thought very differently. He had blamed Parker's slowness and easiness all through the affair of Copenhagen, and he now wanted to push on to Revel, and destroy the Russian fleet before the ice allowed it to retire into Cronstadt. Sir Hyde Parker refused; and the fleet was on its way down the Baltic when an order came recalling Parker and giving the command to Nelson. He immediately put about and proceeded to Revel, but the thaw had allowed the Russian fleet to get into Cronstadt. Nelson, however, opened communications with the Emperor Alexander, and proposed to land and terminate a convention with him at once. Alexander, not liking to have Nelson's fleet too near, declined the proposal in terms of courtesy, and Nelson took his leave in no complimentary mood. The emperor thought it best to send after him Admiral Tchitchagoff, to assure him that Alexander regretted that any misunderstanding had ever taken place between Russia and Britain; that all the British subjects seized by Paul should be immediately liberated, all their property restored, and that the Czar would be glad to see Nelson at St. Petersburg in any style which he liked to assume. But Nelson had now resolved to return at once to Britain, his shattered health ill bearing the severity of the northern climate; nor was his presence necessary, for on the 17th of June, two days before Nelson went on board the brig which took him to Britain, Lord St. Helens, who had proceeded to St. Petersburg as ambassador, had signed a convention, by which all subjects of dispute between the two countries were ended. Denmark and Sweden came into the convention as a matter of course.

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ONE:A law in force since the time of Cromwell had provided that no merchandise from Asia, Africa, or America should be imported into Great Britain in any foreign ships; and not only the commander, but three-fourths of the crew, were required to be English. In addition to this restriction of our foreign commerce to English-built and English-manned ships, discriminating duties were imposed upon foreign ships from Europe, which had to pay more heavily than if the goods were imported under the British flag. The object of this system, which prevailed for one hundred and fifty years, was to maintain the ascendency of Britain as a Maritime Power. Adam Smith remarks that the Navigation Act may have proceeded from national rivalry and animosity towards Holland; but he held that its provisions were as beneficial as if they had been dictated by the most consummate wisdom. He admits, however, that they were not favourable to foreign commerce, or to the growth of that opulence that can arise from it, remarking, "As defence is of more value than opulence, the Act of Navigation is perhaps the wisest of all the commercial regulations of England." But had Adam Smith lived later on, he would have seen that the utmost freedom of commerce with foreign nations, and the most boundless opulence arising from it, are quite compatible with a perfect system of national defence; and whatever were the advantages of the restrictive system, other nations could act upon it as well as England. America did so, and thus commenced a war of tariffs equally injurious to herself and the mother country, causing the people of each to pay much more for most of the commodities they needed than they would have done if the markets of the world were open to them. The consequence was that both parties saw the folly of sending their ships across the Atlantic in ballast, and a commercial treaty was concluded in 1815, which put the shipping of both America and England upon an equal footing, and relieved them from the necessity of paying double freight. The reciprocity system was also partially adopted in our commerce with other countries. In 1822 Mr. Wallace had brought in four Bills, which made other important alterations. The 3 George IV., cap. 41, repealed certain statutes relating to foreign commerce which were passed before the Navigation Act. Another Act (cap. 42) repealed that part of the Navigation Act itself which required that goods of the growth or manufacture of Asia, Africa, and America should only be imported in British ships; and that no goods of foreign growth or manufacture should be brought from Europe, except from the place of their production, and in the ships of the country producing them. The next enactment prescribed certain specified goods to be brought to Great Britain from any port in Europe, in ships belonging to the ports of shipment. Two other Acts further extended freedom of commerce, and removed the vexatious restrictions that had hampered our colonial and coasting trade. In 1823 Prussia retaliated, as the United States had done, which led Mr. Huskisson to propose what are called the Reciprocity Acts, 4 George IV., cap. 77, and 5 George IV., cap. 1, which empowered the king, by Order in Council, to authorise the importation and exportation of goods in foreign ships from the United Kingdom, or from any other of his Majesty's dominions, on the same terms as in[240] British ships, provided it should first be proved to his Majesty and the Privy Council that the foreign country in whose favour the order was made had placed British ships in its ports on the same footing as its own ships. These enactments proved an immense advantage to the people of the nations affected by them, and satisfied all parties but the ship-owners, who cried out loudly that their interest was ruined. But their complaints were altogether unfounded, as will appear from the following figures. Under the restrictive system, from 1804 to 1823, the tonnage of British shipping had increased only ten per cent. Under the Reciprocity Acts and the Free Trade system, from 1823 to 1845, the increase rose to forty-five per cent. This result fully bore out the calculations and anticipations of Mr. Huskisson, in his answer to the arguments of the Protectionists. TWO:In preparation for this movement James the Pretender was to sail secretly to Spain, in readiness to cross to England; and he had already quitted his house in Rome and removed to a villa, the more unobserved to steal away at the appointed moment. Ormonde also had left Madrid and gone to a country seat half way to Bilbao, when the secret of the impending expedition was suddenly revealed by the French Government to that of England. The conspirators had been mad enough to apply to the Regent for five thousand troops, trusting that, notwithstanding his peaceful relations with Britain, he would secretly enjoy creating it some embarrassment. But in this, as in all other views, they proved more sanguine than profound. Sir Luke Schaub, the British Ambassador, was immediately informed of it on condition, it was said, that no one should die for it. "Believe me, ever yours most sincerely,

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ONE:Being conveyed to St. John's, Burgoyne there disembarked, and on the 16th of June he commenced his march for Crown Point, the shipping following him by the lake. On the 1st of July he appeared before Ticonderoga. The place required ten thousand troops effectually to defend it; but St. Clair who commanded them had only three thousand, very indifferently armed and equipped. St. Clair saw at once that he must retire, as the Americans had already done, at Crown Point; but he sought to do it unobserved. Accordingly, in the night of the 5th of July the flight took place; but St. Clair's orders were immediately disobeyed; the soldiers fired the house which had been occupied by General de Fermoy, and the British were at once apprised of the retreat. The sailors soon broke up the obstructions at the mouth of the river, and a fleet of gunboats was in instant pursuit. They overtook the Americans near the falls of Skenesborough, and quickly mastered the protecting galleys, and destroyed the vessels. General Burgoyne followed with other gunboats containing troops, and at the same time dispatched Generals Fraser and Reisedel by land after St. Clair.In much the same way the silk industry had been protected by prohibitory legislation, of which the only effect was to convert smuggling into an important trade. Again, the manufacturers petitioned for the removal of the duties upon spun silk, but were eager to exclude foreign manufactured silks. On the other hand, the silk spinners were opposed to the introduction of spun silk, but desired the removal of duties upon raw silk, while the journeymen believed that ruin stared them in the face if foreign manufactured silks were introduced. Robinson, with Huskisson's assistance, decided to admit foreign silk on an ad valorem duty of 30 per cent. At the same time he largely reduced the duties on the raw material. The duty on Indian silk was reduced from 4s. to 3d., that on Chinese and Italian silks from 5s. 6d. to 6d., that on organzine from 14s. 10d. to 7s. 6d. a pound. The manufacturers vowed and protested that they were ruined; in ten years' time they were exporting to France, their former rival, ��60,000 worth of manufactured silk. TWO:No sooner, therefore, had the Parliament closed and the king set out to Hanover, than Ministers sent off William Stanhope to Madrid to procure a treaty of peace without any mention of Gibraltar. On arriving at Madrid he found that the Court had removed to Seville, in Andalusia. This had been done by the influence of the queen, in order to draw Philip from the Council of Castile, which was doing all it could to prevail on him again to abdicate. Stanhope followed the Court to Seville, and laboured with such effect that he obtained the signing of a treaty of defensive alliance between England, Spain, and France, to which Holland afterwards acceded (November 9, 1729). By this treaty Spain revoked all the privileges granted to Austria by the treaties of Vienna, and re-established the British trade with her American colonies on its former footing, restored all captures, and made compensation for losses. The Assiento was confirmed to the South Sea Company. Commissioners were appointed to adjust all claims of Spaniards for ships taken in 1718, and to settle the limits of the American trade. The succession of Don Carlos to Parma and Tuscany was recognised, with the right to garrison the ports of Leghorn, Porto Ferrajo, Parma, and Placentia with six thousand Spanish troops. Not a word was said of Gibraltar��a silence amounting to a renunciation of its demand by Spain; and that Philip regarded it as such was evidenced by his[60] beginning to construct the strong lines of San Roque, and thus to cut off all communication with the obnoxious fortress by land.

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