FORE: "Believe me, ever yours most sincerely,The report was agreed to, the impeachment was voted, and Burke, attended by the majority of the House, on the 10th of May, carried it up to the Lords. On the motion of Burke, Warren Hastings was then taken into custody, and delivered over to the Lords, who bound him to appear to take his trial, when called upon, in a bond of twenty thousand pounds himself, and Messrs. Sullivan and Sumner as his sureties in ten thousand pounds each.
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FORE:The members of the Government were scarcely less rejoiced at getting rid of the matter than the nation was at their defeat. The most thinking men of their party became greatly alarmed at the state of public feeling, and were in constant dread of a revolution. The most violent language was used by the democratic leaders, and the press abounded with libels against the Government, whose chief members were hooted and pelted as they passed through the streets. This alarming state of things had arrived at its height towards the end of September. The Duke of York, who was then at Brighton, was violent against the queen. He felt confident that the troops must be called out, and he thought he could trust them. On them alone he depended for the preservation of the Throne. The king, at this time, rarely showed himself to any of his subjects. His conduct was an excitement to popular hatred. Mr. W. H. Freemantle, who was well informed as to all that was going forward in the highest quarters, describes the condition of things in letters to the Duke of Buckingham. "You have no idea," he says, "of the state of the town. The funds fell to-day. As to the king forming a Government, after the resignation of all his present servants, with the avowed object of persecuting the queen, it would be impossible; it would be making her the popular object and throwing the country in a flame. Be assured that the king on[213] this subject is no less than mad!" "In the months of October and November," observes the Duke of Buckingham, "it became evident that the frenzy outside the Houses of Parliament was exerting its influence within its walls. The aspect of affairs looked blacker every hour." "Matters here are in a critical state," writes Lord Sidmouth to Mr. Bathurst on the 27th of October. "Fear and faction are actively and not unsuccessfully at work; and it is possible that we may be in a minority, and that the fate of the Government may be decided." Plumer Ward, in his diary, has this entry under date of November 2nd:"Called upon (Wellesley) Pole. He was at breakfast, and we had a long chat. He thought everything very badMinisters, Opposition, king, queen, countryand, what was more, no prospect of getting right. All ties were loosened. Insolence and insubordination out of doors; weakness and wickedness within. 'The Whigs,' he said, 'were already half Radicals, and would be entirely so if we did not give way.' I said his brother, the Duke of Wellington, felt this too, but would not give way nevertheless. Meantime, the king was as merry as a grig. At first he had been annoyed, but was now enjoying himself at Brighton."Before this, however, the financial statement for the year had been made, and for awhile the Corn Law question was suspended for the country to recover from its astonishment at finding in the Minister of the Conservative party one of the boldest reformers of our tariff who had ever occupied the Ministerial benches. But yesterday his position had appeared one of the greatest difficulty, in which a cautious hold upon the established sources of revenue, with some well-balanced proposals for additional taxes, was all that could be expected. He had not the good fortune of Mr. Goulburn or Lord Althorp in having a surplus to dispose of. The Whig Government had bequeathed to their successors a deficit, which had been increasing from year to year, with a revenue falling off even in the face of new taxes. How[488] was the deficit to be met was the question which filled the mouths of public men; a question which was answered by the famous financial statement of Sir Robert Peel on the 11th of March. After showing that the deficiency for the coming year would be little short of 2,500,000, and that this deficiency might be expected to be considerably augmented by the position of affairs in India and China, the Minister declared that he would not consent to resort to the miserable expedient of continual loans. He declared that he would not attempt to impose burdens upon the labouring classes, and that if he did, recent experience had shown that they would be defeated. In fact, the country had arrived at the limits of taxation upon articles of consumption. After ridiculing the various suggestions of people who were constantly sending him projects for taxes on pianofortes, umbrellas, and other articles, accompanied with claims of very large percentages upon the proceeds, he acknowledged the principle laid down by financiers that increased revenue may be obtained by taking off the taxes which pressed upon industry, but declared that the first effect was always a diminution in revenue, and that time was found necessary to restore the amount. In these circumstances, he stated what the measure was which, under a deep conviction of its necessity, he was prepared to propose, and which, he was persuaded, would benefit the country, not only in her pecuniary interests, but in her security and character. His scheme was this: he proposed, for a period to be limited, an income tax of not more than 3 per cent., from which he would exempt all incomes under 150, and in which he would include not only landed but funded property. Sir Robert Peel calculated that the tax would yield 3,350,000 a year, a sum which, with an addition to the spirit duties in Ireland, and an export duty of 4s. on coals, would not only cover the existing deficiency, but enable him to remit indirect taxes to the amount of 1,200,000. The sliding scale had brought little credit to the Minister, and the income tax was in its nature an unpopular measure; but the proposal to reduce the custom duties on 750 out of the 1,200 articles in the tariffto remove prohibitions altogether (in itself a vast concession to Free Trade doctrines)to reduce the duties on raw materials of manufactures to five per cent. or lessto keep the duties on articles partially manufactured under twelve per cent., and on articles wholly manufactured under twenty per cent., was a scheme which excited general admiration. The measure was, indeed, contested by the Whig Opposition at every stage. The preliminary resolutions were debated for eight nights. There were many of Sir Robert Peel's old supporters who looked on the financial plan with distrust, as being founded, in a great measure, avowedly on those principles of political economy which they had been accustomed to sneer at; but, in truth, it was not unfavourable to the interests of their party. We have already seen that the new taxat least, if a temporary onewas calculated to impose a far greater burden upon the manufacturing and moneyed class than upon the landowners; in fact, by exempting incomes under 150 a year, and assessing land only upon its net rental, the burden was imposed almost entirely upon that middle class which was the especial object of the dislike of Tories of the more advanced kind. At the same time, by cheapening articles of general consumption, the Minister did something towards securing popularity among the working classes, who, as exemplified in the Chartist agitation, were not always disposed to take part against the landowners. The Income Tax Bill passed, after considerable opposition in the Commons. An amendment proposed by Lord John Russell was rejected by a vote of 302 to 202, and another amendment, proposing the reading of the Bill on that day six months, having been thrown out on the 18th of April by a vote of 285 to 188, the third reading was carried by a majority of 130 on the 30th of May. No debate took place in the Lords until the third reading, when the Bill passed by a majority of 71.
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