THREE:In Germany, Prince Ferdinand of Brunswick, after driving the French out of Hanover, had followed them across the Rhine this spring, and on the 23rd of June defeated them at Crefeld, with a slaughter of six thousand men. He then took Düsseldorf; but the French court recalling the incapable Clermont, and sending Marshal De Contades with fresh forces against him, and Prince Soubise defeating the Hessians, he was obliged to fall back into Westphalia, where he was joined by the Duke of Marlborough and Lord George Sackville with the English auxiliaries, but too late to effect anything further. Shortly afterwards the Duke of Marlborough died suddenly, under strong suspicions of having been poisoned.Sir Arthur knew that at least one hundred thousand French were on the march to take him at once in flank and front; that Soult was advancing from Salamanca, Mortier from Valladolid; and, besideswhich he did not knowNey was en route from Astorga. He must, therefore, retreat at once or fight, and the enemy saved him the trouble of deciding. King Joseph, afraid of Sir Robert Wilson being joined by General Venegas, who had shown himself on the road towards Aranjuez, and of then falling on Madrid, ordered Victor to attack Wellesley at once, without waiting for any further reinforcements. Accordingly, Sir Arthur was attacked by Victor in front of Talavera. He had placed Cuesta and his Spaniards on his right, abutting on the Tagus, and protected by old enclosure walls and olive gardens; and his own troops on the left, on the open plain. The attack began on the evening of the 27th of July, on the outposts, which gradually fell back, and the battle was renewed the next day. The position of the Spaniards being found unapproachable, the whole fury of the French fell on the British, and the contest was kept up till it was pitch dark.[577] About midnight there was a tremendous firing on the Spanish side, and Sir Arthur rode there to ascertain the cause. No cause was visible, but the Spaniards were flying in great haste, and it was with difficulty that he and Cuesta could stop the rout. Next day the British line was attacked on all points by the troops of both Victor and Sebastiani, but they were repelled, and driven down the hills at the point of the bayonet. At one time the British centre was driven in, but it was re-established by the 48th, while the 23rd Dragoons, by a reckless charge, paralysed a whole division of the French army. In the words of Sir Arthur, the British everywhere maintained their positions gloriously, and gave the French a terrible beating. Out of the fifty thousand pitched against the less than twenty thousand Britishfor the Spanish were scarcely engaged at allthey lost in killed and wounded seven thousand men. General Lapisse was killed, and many prisoners were taken, besides seventeen pieces of artillery, with tumbrils and ammunition complete. The British lost eight hundred and fifty-seven killed, and had three thousand nine hundred and thirteen wounded. Major-General Mackenzie and Brigadier-General Langworth were killed.
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THREE:In the course of this commercial madness the imports greatly exceeded the exports, and there was consequently a rapid drain of specie from the country. The drain of bullion from the Bank of England was immense. In August, 1823, it had 12,658,240, which in August, 1825, was reduced to 3,634,320, and before the end of the year it ran as low as 1,027,000. Between July, 1824, and August, 1825, twelve millions of cash were exported from Great Britain, chiefly to South America. During the Revolutionary war, which had lasted for fourteen years, the capital of the country had been completely exhausted, while all productive labour had been abandoned. The unworked mines were filled with water. They were accessible, it is true, to English speculators, but they were worked exclusively with English capital. The South American mining companies were so many conduits through which a rapid stream of gold flowed from Great Britain. The catastrophe that followed took the commercial world by surprise; even the Chancellor of the Exchequer failed to anticipate the disaster. On the contrary, his Budget of 1825 was based upon the most sanguine expectations for the future, and on the assurance that the public prosperity was the very reverse of what was ephemeral and peculiar, and that it arose from something inherent in the nation. Even at the prorogation of Parliament in July, the Royal Speech referred to the "great and growing" prosperity on which his Majesty had the happiness of congratulating the country at the beginning of the Session. The commercial crisis, however, with widespread ruin in its train, was fast coming upon Britain. Vast importations, intended to meet an undiminished demand at high prices, glutted all the markets, and caused prices to fall rapidly. Merchants sought accommodation from their bankers to meet pressing liabilities, that they might be enabled to hold over their goods till prices rallied. This accommodation the bankers were unable to afford, and sales were therefore effected at a ruinous loss. The South American mines, it was found, could not be worked at a profit, and they made no return for the twenty million pounds of British money which they had swallowed up. The effect was a sudden contraction of the currency, and a general stoppage of banking accommodation. The country banks, whose issues had risen to 14,000,000, were run upon till their specie was exhausted, and many of them were obliged to stop payment. The Plymouth Bank was the first to fail, and in the next three weeks seventy banks followed in rapid succession. The London houses were besieged from morning to night by clamorous crowds, all demanding gold for their notes. Consternation spread through all classes. There was a universal pressure of creditors upon debtors, the banks that survived being themselves upon the edge of the precipice; and the Bank of England itself, pushed to the last extremity, peremptorily refused accommodation even to their best customers. Persons worth one hundred thousand pounds could not command one hundred pounds; money seemed to have taken to itself wings and fled away, reducing a state of society in the highest degree artificial almost to the condition of primitive barbarism, which led Mr. Huskisson to exclaim, "We were within twenty-four hours of barter."BARTHOLOMEW FAIR, LONDON, IN 1721. (From a Painting on a Fan.)
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THREE:But Hastings had scarcely terminated these proceedings, when the new members of Council, appointed under the Regulating Act, arrived. On the 19th of October, 1774, landed the three Councillors, Clavering, Monson, and Francis; Barwell had been some time in India. The presence of the three just arrived was eminently unwelcome to Hastings. He knew that they came with no friendly disposition towards him, and that Philip Francis, in particular, was most hostile. The letter of the Court of Directors recommended unanimity of counsels, but nothing was further from the views of the new members from Europe. As they were three, and Hastings and Barwell only two, they constituted a majority, and from the first moment commenced to undo almost everything that he had done, and carried their object. They denounced, and certainly with justice, the Rohilla war; they demanded that the whole correspondence of Middleton, the agent sent to the court of Oude by Hastings, should be laid before them. Hastings refused to produce much of it, as entirely of a private and personal nature; and they asserted that this was because these letters would not bear the light, and that the whole of Hastings' connection with Sujah Dowlah was the result of mercenary motives. In this they did the Governor-General injustice, for, though he drew money sternly and by every means from the India chiefs and people, it was rather for the Company than for himself. They ordered the recall of Middleton from Oude, deaf to the protests of Hastings that this was stamping his conduct with public odium, and weakening the hands of government in the eyes of the natives. Still, Middleton was recalled, and Mr. Bristow sent in his place. Hastings wrote home in the utmost alarm both to the Directors and to Lord North, prognosticating the greatest confusion and calamity from this state of anarchy; and Sujah Dowlah, regarding the proceedings of the new members of Council as directed against himself, and seeing in astonishment the authority of Hastings apparently at an end, was so greatly terrified that he sickened and died.
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THREE:The Americans had marched on the evening of the 16th with orders to make themselves masters of Bunker's Hill. By some mistake, they had planted themselves on Breed's Hill, and instantly began to throw up a formidable redoubt and entrenchments, and to place their guns in battery. Gage then ordered a detachment of troops, under the command of General Howe and Brigadier Pigott, to drive the Americans, at all costs, from that position. It was noon before Howe crossed the river and landed on the Charlestown peninsula; but then Howe perceived the strength of the Americans to be greater than had been supposed, and, halting, he sent for reinforcements. They advanced up the hill, formed in two lines, the right headed by General Howe, the left by Brigadier Pigott. The left was immediately severely galled by the riflemen posted in the houses and on the roofs of Charlestown, and Howe instantly halted and ordered the left wing to advance and set fire to the town. This was soon executed, and the wooden buildings of Charlestown were speedily in a blaze, and the whole place burnt to the ground. The Americans reserved their fire till the English were nearly at the entrenchments, when they opened with such a deadly discharge of cannon and musketry as astonished and perplexed the British. Most of the men and the staff standing around General Howe were killed, and he stood for a moment almost alone. Some of the newer troops never stopped till they reached the bottom of the hill. The officers, however, speedily rallied the broken lines, and led them a second time against the murderous batteries. A second time they gave way. But General Clinton, seeing the unequal strife, without waiting for orders, and attended by a number of resolute officers, hastened across the water in boats, and, rallying the fugitives, led them a third time up the hill. By this time the fire of the Americans began to slacken, for their powder was failing, and the English, wearied as they were, rushed up the hill, and carried the entrenchments at the point of the bayonet. Had Gage had a proper reserve ready to rush upon the flying rout on the Neck, few of them would have remained to join their fellows. The battle was called the Battle of Bunker's Hill, though really fought on the lower, or Breed's Hill.
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