ONE:On the 12th of February, 1823, the President of the Board of Trade said, in his place in Parliament:"The general exports of the country in the four years from 1815 to 1819 had decreased 14,000,000 in official value; and he took the official value in preference to the declared, because it was from the quantity of goods produced that the best measure was derived of the employment afforded to the different classes of the community. In the year from the 5th of January, 1819, to the 5th of January, 1820, the exports of the country fell off no less than 11,000,000; and in looking at that part of it which more completely embraced British or Irish manufacture, he found that the difference in four years was 8,414,711; and that in the year from the 5th of January, 1820, to the 5th of January, 1821, there was a decrease of 8,929,629. Nobody, therefore, could be surprised that, at that period, the industry of the country appeared to be in a state of the utmost depression; that our manufacturers were most of them unemployed; that our agriculturists were many of them embarrassed; and that the country, to use the phrase of a friend of his in presenting a petition from the merchants of London, 'exhibited all the appearances of a dying nation.' Though the condition of the agricultural interest was not as favourable as he could wish, still it was most satisfactory for him to state that not only did the exports of last year [1822] exceed those of all the years to which he had been alluding, but also those of the most flourishing year which had occurred during the continuance of the war. In all material articles there had been a considerable increase. The export of cotton had increased ten per cent., and hardware seventeen per cent.; of linens twelve per cent., and of woollens thirteen per cent.; and the aggregate exports of 1822 exceeded those of 1820 by twenty per cent., and of 1821 by seven per cent., notwithstanding a deduction was to be made from the exports of one great article, sugar, owing to a prohibitory decree of Russia, amounting to thirty-five per cent." The result of this prosperous state of things was that, in 1823, the new Chancellor of the Exchequer was enabled to present the best and most popular Budget that had been laid before Parliament for many years, remitting a large amount of taxes that had pressed most heavily on the springs of industry, and inflicted the greatest amount of inconvenience and privation upon the people. The revenue of the nation in that year was 57,000,000, and the expenditure was estimated at 49,672,999, leaving a surplus of upwards of 7,000,000. Of this surplus, 5,000,000 was set aside for the reduction of the National Debt, and the remainder for the remission of taxes. As the assessed taxes were most oppressive, they were reduced fifty per[239] cent., a reduction which was estimated on the window tax alone at 1,205,000. On the whole, the assessed taxes were reduced by 2,200,000. This included 100,000, the total amount of assessed taxes in Ireland. In England the whole of the window tax was removed from the ground floors of shops and warehouses.The same scenes, but on a still larger scale, were exhibiting in the capital. The Reign of Terror was fully inaugurated, and rapidly extending itself. At first, on the expulsion of the Girondists from the Conventionthat is, in Junethe guillotinings were only fourteen. In July the number was about the same; but in August Robespierre became a member of the Committee of Public Safety, which carried on the machinery of government, and then the work went on swimmingly. From the moment that Robespierre took his place on the Committee, the stream of blood flowed freely and steadily. His friendif such monsters can be said to have any friendsBarrre, who belonged to the timid Plain till the Girondists were[424] overthrown, now became his active agent. He proposed, on the 7th of August, that William Pitt should be proclaimed the enemy of the whole human race, and that a decree should be passed that every man had a right to assassinate him. On the 9th it was announced that the Republic was completed; that Hrault de Schelles had produced a new and perfect constitution, which was at once adopted by the Convention. It was a constitution containing all the doctrines of the Mountain, in the bombast of that truculent faction. As it was quickly set aside, we need not detail its principles. Then this constitution was celebrated on the 10th of August, the anniversary sacred to the downfall of monarchy. Next followed fresh executions, among the most notable victims being Marie Antoinette (October 16) and Madame Roland (November 9), while most of the prominent Girondists were hunted down and killed.
FORE:
