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TWO:THE CORONATION OF QUEEN VICTORIA. (After the Picture by Sir George Hayter.)If we were to believe figures, and the returns of exports and imports, and of duties paid, we must set down the opening of the year 1819 as considerably prosperous. This was the view which Ministers took of the condition of Great Britain when they met the new Parliament on the 14th of January. The speculations that had been carried on during 1818 had swelled the revenue, and given an impression of growing commerce, which unfortunately did not exist. The results of these speculations in imports of raw material, especially of cotton, and in extensive exports of manufactures to countries not yet sufficiently reinvigorated to purchase, had produced numerous and heavy failures during the latter part of the past year, and these still continued, in strange contrast to the self-congratulating language of Ministers. In nothing was the fall of price so great as in cotton, and those who had bought[142] largely suffered in proportion. These bankruptcies were not confined to Great Britain; they extended to New York, and to southern ports of the United States, where the same speculation had been going on largely. THREE:In 1823 we behold the starting-point of the liberal system of commercial policy, for which not only England, but all the world, is so much indebted��the rivulet which gradually expanded into a mighty river bearing incalculable blessings upon its bosom to every nation under heaven. The appointment of Mr. Huskisson as a member of the Government was an immense advantage to the nation. He was a man of great abilities, which he had perseveringly devoted to the study of political economy. He was a complete master of all subjects in which statistics were involved, and was universally looked up to as the highest authority on all financial and commercial questions. As President of the Board of Trade he had ample opportunities of turning his knowledge to account, and to him is mainly due the initiation and direction of the course of commercial policy which a quarter of a century later issued in the complete triumph of Free Trade. Mr. Huskisson was not only intimately acquainted with the whole range of economic, financial, and mercantile subjects, in their details as well as in their principles, he was also a powerful debater, a sound reasoner, and was animated in all he did by a spirit of generous philanthropy. At the same time it is only just to point out that he did but carry out the policy of Mr. Wallace, the Vice-President of the Board of Trade, a statesman whose name is almost forgotten.Mother has sold her bed; THREE:LISBON.After passing a Factory Act of some importance, which, however, was only the forerunner of much subsequent legislation, the House of Commons engaged in Poor Law Reform. In the winter of 1832-3 a very startling state of things was disclosed. In a period of great general prosperity, that portion of England in which the Poor Laws had their most extensive operation, and in which by much the largest expenditure of poor-rates had been made, was the scene of daily riot and nightly incendiarism. There were ninety-three parishes in four counties of which the population was 113,147 and the Poor-Law expenditure ��81,978, or fourteen shillings and fivepence per head; and there were eighty parishes in three other counties the population of which was 105,728 and the Poor-Law expenditure ��30,820, or five shillings and ninepence a head. In the counties in which the Poor-Law expenditure was large the industry and skill of the labourers were passing away, the connection between the master and servant had become precarious, the unmarried were defrauded of their fair earnings, and riots and incendiarism prevailed. In the counties where the expenditure was comparatively small, there was scarcely any instance of disorder; mutual attachment existed between the workman and his employer; the intelligence, skill, and good conduct of the labourers were unimpaired, or increased. This striking social contrast was but a specimen of what prevailed throughout large districts, and generally throughout the south and north of England, and it proved that either through the inherent vice of the system, or gross maladministration[362] in the southern counties, the Poor Law had a most demoralising effect upon the working classes, while it was rapidly eating up the capital upon which the employment of labour depended. This fact was placed beyond question by a commission of inquiry, which was composed of individuals distinguished by their interest in the subject and their intimate knowledge of its principles and details. Its labours were continued incessantly for two years. Witnesses most competent to give information were summoned from different parts of the country. The Commissioners had before them documentary evidence of every kind calculated to throw light on the subject. They personally visited localities, and examined the actual operation of the system on the spot; and when they could not go themselves, they called to their aid assistant commissioners, some of whom extended their inquiries into Scotland, Guernsey, France, and Flanders; while they also collected a vast mass of interesting evidence from our ambassadors and diplomatic agents in different countries of Europe and America. It was upon the report of this commission of inquiry that the Act was founded for the Amendment and Better Administration of the Laws relating to the Poor in England and Wales (4 and 5 William IV., cap. 76). A more solid foundation for a legislative enactment could scarcely be found, and the importance of the subject fully warranted all the expense and labour by which it was obtained.