(From the Painting by Sir M. A. Shee, P.R.A.)But the Court had hesitated too long. The people had taken the start of them, and now came sounds which paralysed the Court party with consternation. Scarcely was midnight passed on this eventful 14th of July, when the throngs increased rapidly around the Bastille, and the cries grew fiercer, "Down with it!" "Let us storm it!" De Launay, the governor, had made all necessary preparations, charged a dozen long guns on the towers with balls of a pound and a half each, and disposed his little force to the best advantage. While the democratic leaders were negotiating with the garrison, the crowd grew first impatient, then furious. They advanced impetuously against the first drawbridge. Two men mounted the roof of the guard-house, and, with axes, cut the chains of the bridge, which fell down. The mass of assailants rushed forward towards the second bridge, but were met by a discharge of musketry, which did deadly execution amongst them and brought them to a stand. The firing proceeded at once from the towers and from the loop-holes below. A number of the assailants fell, whilst only two of the muskets fired by the people during the whole day took effect. De Launay now gave orders to fire on the assailants with grape. This drove them back to some distance, but they soon came on more furious than ever. De Launay looked in vain for the promised succour from Besenval or Broglie, and seeing the ever-increasing and ever more raging thousands around, he lost his head, was seized with despair, and resolved to blow up the prison and a great part of the old town near it. Six hundred and thirty-five barrels of gunpowder were deposited in the magazine. Seizing a match, he ran to cast it into an open barrel, and thus send into the air the horrible old fortress, himself, and garrison. With it must inevitably have been destroyed all the quarter of the Bastille, all the Marais, and a great part of the Faubourg St. Antoine. Two uncommissioned officers stopped him by crossing their bayonets. He then attempted to kill himself, but was secured. His head was wholly gonehe was no longer capable of issuing an order.
Director
[See larger version]The Privy Council decided that the petition from Massachusetts was framed on false and exaggerated allegations, and was groundless, vexatious, and scandalous. Two days afterwards, the king dismissed Franklin from the office, which he had till now held, of Deputy-Postmaster of America.The new Parliament met on the 14th of November. Mr. Manners Sutton was re-elected Speaker. A week was spent in the swearing-in of members, and on the 21st the Session was opened by the king in person. In the Royal Speech allusion was made to the throwing open of the ports for the admission of foreign grain, and the distress that had visited the manufacturing districts. The Address was carried in the Upper House without a division, and in the Lower House an amendment, moved by Mr. Hume, found only twenty-four supporters. On the 5th of December Alderman Waithman moved for a committee of inquiry with reference to the part taken by members of Parliament in the Joint Stock mania of 1824-5-6. He stated that within the last three years six hundred joint-stock companies had been formed, most of them for dishonest purposes. The directors of these fraudulent schemes worked with the market as they pleased, forcing up the prices of shares to sell, and depressing them to buy, pocketing the difference. He dwelt particularly on the Arignon Mining Company, of which the late chairman of the Committee of Ways and Means, Mr. Brogden, had been a director. The directors of this company, besides an allowance of three guineas per day for the use of their names, had divided between them a large surplus, arising from traffic in shares. Other members of the House, he alleged, had enriched themselves by bubble companies, particularly Sir William Congreve. At the suggestion of Mr. Canning, the inquiry was restricted to the Arignon Company. A vast amount of loss and suffering had been inflicted by these bubble companies. A check was given to the steady and wholesome progress of the country by the fever of excitement, followed by a sudden and terrible collapse. Healthful commerce was blighted, and one of the worst results of the revulsion was that it not only swept away the delusive projects of adventurers, but paralysed for a season the operations of legitimate enterprise. The commercial atmosphere, however, had been cleared by the monetary crisis of 1825-6. An extensive decomposition of commercial elements was effected. Masses of fictitious property were dispersed, and much of the real capital of the country was distributed in new and safe channels, which caused the year 1827 to open with more cheering prospects.