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THREE:The South Sea Company had immediately on the passing of the Bill proposed a subscription of one million, and this was so eagerly seized on that, instead of one, two millions were subscribed. To stimulate this already too feverish spirit in the public, the Company adopted the most false and unjustifiable means. They had eight millions and a half to pay over to Government as a douceur for granting them the management of the Funds; and, therefore, to bring this in rapidly, they propagated the most lying rumours. It was industriously circulated that Lord Stanhope had received overtures at Paris to exchange Gibraltar and Port Mahon for invaluable gold lands in Peru! The South Sea trade was vaunted as a source of boundless wealth in itself. In August the stock had risen from the one hundred and thirty of the last winter to one thousand! Men sold houses and land to become shareholders; merchants of eminence neglected their affairs and crippled their resources to reap imaginary profits. The Company flattered the delusion to the utmost. They opened a third, and even a fourth subscription, larger than the former, and passed a resolution that from next Christmas their yearly dividend should not be less than fifty per cent.! In labouring to increase the public delusion they seem to have caught the contagion themselves, for they began to act, not like men who were blowing a bubble which they knew must speedily burst, but like persons who had mounted permanently into the very highest seat of prosperous power. They assumed the most arrogant and overbearing manner, even towards men of the highest station and influence. "We have made them kings," said a member of Parliament, "and they deal with everybody as such."

THREE:

THREE:When the Bourbons had entered Paris in 1814 they had shown the utmost liberality towards those who had driven them from France and had murdered those of their family on the throne and nearest to it. They did not imitate the summary vengeance of Napoleon, whose Government, in 1812, had put to death not only General Mallet, who had endeavoured to restore the Bourbons, but also thirteen of his accomplices, on the plain of Grenelle. When Louis XVIII. returned, there were numbers of the bloody Revolutionists who had voted for, and some who had acted in, the frightful atrocities of the Revolution��many who had urged on the sufferings, the indignities, and the death of Louis XVI., Marie Antoinette, the Princess Elizabeth, the Princess Lamballe, and the worst form of death of the unhappy Dauphin. Yet no vengeance was taken, and numbers of these people were allowed to reside unharmed in Paris. Having been now again driven forth, and seen the readiness with which those who had sworn to maintain their Government had taken their oaths and betrayed them, it might have been expected that there would have been some severe punishments. But the natural mildness of Louis XVIII., and the wise counsels of Wellington and Talleyrand, produced a very different scene. Never, after such provocations, and especially to the sensitive natures of Frenchmen, was so much lenity shown. In the proclamation of Louis XVIII. of the 24th of July, nineteen persons only were ordered for trial, and thirty-eight were ordered to quit Paris, and to reside in particular parts of France, under the observation of the police, till their fate should be decided by the Chambers. Of the nineteen threatened with capital punishment, with trial before a military tribunal, only Ney and Lab��doy��re suffered; another, Lavalette, was condemned, but escaped by changing dresses with his wife in prison. It was also stated that such individuals as should be condemned to exile should be allowed to sell their property in France, and carry the proceeds with them. Yet more clamour was raised by the Buonapartists about the deaths of Ney and Lab��doy��re than had been made in any executions by the Imperial or the Revolutionary parties over whole hecatombs of innocent persons. As for Ney and Lab��doy��re, their treason had been so barefaced and outrageous that no reasonable person could expect anything but summary punishment for them. Ney had declared to Louis XVIII. that he would bring Buonaparte to him in a cage, and then carried over his whole army at once to the Emperor. Lab��doy��re had been equally perjured after the most generous forgiveness of his former treasons, and he had been particularly active in stimulating the Parisians to make a useless resistance to the Allies approaching Paris, by stating that the Bourbons were preparing a most sanguinary proscription. Both officers knew that they had no hope of life, no plea of protection, and they fled in disguise. Yet vehement reproaches were cast on the Duke of Wellington for having, as the Buonapartists asserted, broken the 12th article of the Convention of Paris, by which the city was surrendered to the Allied armies. Madame Ney, after the seizure and condemnation of her husband, went to the Duke, and demanded his interference on the Marshal's behalf, as a right on the ground of this article, which she interpreted as guaranteeing all the inhabitants, of whatever political creed or conduct, from prosecution by the restored Government. It was in vain that Wellington explained to her that this article, and indeed the whole Convention, related solely to the military surrender, and not to the political measures of the Government of Louis, with which the Duke had[115] publicly and repeatedly declared that he had no concern, and in which he would not interfere. When the Commissioners from the Provisional Government had waited on him, so early as the 2nd of July, at Estr��es, and claimed exemption for political offenders, he showed them the proclamation of Louis, dated Cambray, the 28th of June, making exceptions to the general amnesty, and distinctly told them that he had no orders to interfere with the measures of the Bourbon Government. To this the Commissioners had nothing to object, and they thus clearly understood that the British commander would not take any part in political, but merely in military measures. Nevertheless, when Ney was executed, the clamour was renewed that Wellington had betrayed him. We now anticipate, somewhat, to dispose of this calumny, for there never was a party so recklessly addicted to charging their enemies with breach of faith as that of Buonaparte and his followers. The foul charge was so industriously disseminated over Europe, that Wellington, at Paris, on the 19th of November, 1815, issued a memorial on the subject, which he first caused to be sent to all the Allied Powers and then to be published. In this most decisive document he stated that the Convention of Paris related exclusively to the military occupation of the place, and was never intended, and could not be intended, to prevent either the existing French Government, the Provisional, or any French Government that might succeed it, from acting towards political offenders as it might deem proper. He had refused before to enter into a question of settling the Government. To make this clear, he quoted the 11th article, providing for the non-interference of the Allied army with property; and the 12th:��"Seront pareillement respect��es les personnes et les propri��t��s particuli��res; les habitants, et en g��n��ral tous les individus qui se trouvent dans la capitale, continueront �� jouir de leur droits et libert��s sans pouvoir ��tre inqui��t��s, ou recherch��s en rein, relativement aux fonctions qu'ils occupent ou avaient occup��es, �� leur conduite, et �� leur opinions politiques." Lab��doy��re was shot on the 19th of August, 1815, and Ney on the 7th of December.

THREE:Civil war seems to have been averted only by the Duke's precipitate abandonment of the undertaking to form a Ministry. No one can for a moment imagine that the chief members of the Grey Administration ever intended to proceed to illegal extremities, but that the conduct of their friends led the Reforming world to think of and prepare for armed resistance admits of little doubt. Parliament and the country were kept in suspense and anxiety by varying rumours about the formation of a Government for several days, during which comments were freely made on the conduct of the Duke of Wellington and his friends. On the one hand, it was confidently stated that the king would keep his word as to Reform, which the Duke had agreed to carry. On the other hand, it was denied that the Duke could ever consent to tergiversation so base. On the former supposition, Mr. Macaulay said he was willing that others should have "infamy and place." But he added, "Let us have honour and Reform." Sir Robert Inglis was too honest to differ from this view of the matter, and too candid to conceal his sentiments. He declared that he could not but regard such a course on the part of his leader "with the greatest pain, as one of the most fatal violations of public confidence which could be inflicted."The crisis of extreme difficulty to which Peel referred was occasioned by the power acquired by the Catholic Association, which had originated in the following manner. Early in 1823 Mr. O'Connell proposed to his brother barrister, Mr. Sheil, and a party of friends who were dining with Mr. O'Mara, at Glancullen, the plan of an association for the management of the Catholic cause. At a general meeting of the Roman Catholics, which took place in April, a resolution with the same design was carried, and on Monday, the 12th of May, the first meeting of the Catholic[250] Association was held in Dempsey's Rooms, in Sackville Street, Dublin. Subsequently it met at the house of a Catholic bookseller named Coyne, and before a month had passed it was in active working order. From these small beginnings it became, in the course of the year, one of the most extensive, compact, and powerful popular organisations the world had ever seen. Its influence ramified into every parish in Ireland. It found a place and work for almost every member of the Roman Catholic body; the peer, the lawyer, the merchant, the country gentleman, the peasant, and, above all, the priest, had each his task assigned him: getting up petitions, forming deputations to the Government and to Parliament, conducting electioneering business, watching over the administration of justice, collecting "the Catholic rent," preparing resolutions, and making speeches at the meetings of the Association, which were held every Monday at the Corn Exchange, when everything in the remotest degree connected with the interests of Roman Catholics or of Ireland was the subject of animating and exciting discussion, conducted in the form of popular harangues, by barristers, priests, merchants, and others. Voluminous correspondence was read by the secretary, large sums of rent were handed in, fresh members were enrolled, and speeches were made to a crowd of excited and applauding people, generally composed of Dublin operatives and idlers. But as the proceedings were fully reported in the public journals, the audience may be said to have been the Irish nation. And over all, "the voice of O'Connell, like some mighty minster bell, was heard through Ireland, and the empire, and the world."

THREE:On the 12th of October General Howe, who would have been better employed in driving the enemy before him than in waiting for his brother's useless negotiations, sent a considerable part of his forces, with flat-bottomed boats, through Hell Gate into the Sound, and landed them at Frog's Neck, about nine miles in the rear of Washington's position, thus cutting off all his supplies from the country. The ships ascended higher up the North River, cutting off the retreat into the Jerseys. Had Howe, instead of landing at Frog's Neck, done so at Pell's Point, he would have rendered Washington's retreat nearly impossible. But this was neglected till the 18th of October, by which time Washington, finding that he was getting gradually hemmed in, and Lee, who had now joined him from Sullivan's Island and the Carolinas, insisting that nothing but instant retreat could save them, they therefore made a rapid retreat into the open country called the White Plains. They had much difficulty in carrying away their artillery; and the whole of it must have been taken, had Howe shown any ordinary activity. Between this date and the 21st there was considerable skirmishing, which compelled Washington to retire farther into the White Plains, and from thence towards the Delaware.After these transactions there could no longer remain even the name of peace between France and England. Mr. Thompson, the British Resident at Paris, made the most indignant complaints of the hostile proceedings of the French fleets and of the encouragement of the Young Pretender. The reply to this was a formal declaration of war, couched in the most offensive terms, in the month of March, to which George replied in a counter-declaration equally strong.

THREE:With his hat in his hand.

South America

South America

South America

South America

South America

South America