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FORE:As the French approached Madrid, whither Buonaparte was coming in person, the Junta, which had taken no measures to render it defensible while they had time, were now all hurry and confusion. They began to collect provisions; the stones were torn up to form barricades. A desperate resistance might have been made, as there had been at Saragossa, but there was treachery in the city. The wealthy inhabitants, merchants and shopkeepers, as well as the aristocracy, were far more anxious to save their property than their country; the cowardly Junta having issued orders, lost heart, and fled for Badajos. On the 2nd of December, the anniversary of his coronation, Buonaparte arrived before Madrid, and summoned it to surrender; and this being unheeded, he prepared to storm it the next morning. Had Palafox been there, there would have been, probably, a brave defence. The next morning the storming commenced, and the French forced their way as far as the palace of the Duke de Medina Celi, the key of the whole city. The place was then summoned afresh, and the governor now proposed a surrender. The fact was, that he had already settled in his mind to go over to the French, as the strongest party, and he gave no encouragement or assistance to the citizens, who still continued from behind their walls and barricades to fire on the French. On the 4th he declared that the city must surrender; and the French marched in. Many of the people fled and the rest were disarmed; but Buonaparte, who wanted to keep Madrid uninjured and in good temper for King Joseph, gave strict orders that the city should not be plundered, nor the people treated with rudeness. He fixed his residence about four miles from Madrid, and issued thence imperial decrees and a proclamation, informing the Spaniards that all further resistance was useless; that he wanted his brother to reign in quiet, but that if this were not permitted, he would come and reign there himself, and compel submission; for God had given him the power and inclination to surmount all obstacles. He then set out to drive the "English leopards" from the Peninsula��a task that was to try him to the uttermost.

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FORE:William Stanhope was rewarded for his accomplishment of this treaty with the title of Lord Harrington, and was soon after made Secretary of State. But whilst the English were delighted by the completion of the treaty, the Emperor was enraged by it, and his mortification was doubled by the fact that, when he sought to raise four hundred thousand pounds by a loan in London to supply the want of his Spanish subsidies, the Ministry brought in and rapidly passed a Bill prohibiting loans to foreign Powers, except by a licence from the king under the Privy Seal. The Opposition raised a loud outcry, calling it "a Bill of Terrors," an "eternal yoke on our fellow-subjects," and a "magnificent boon to the Dutch." But Walpole very justly answered, "Shall British merchants be permitted to lend their money against the British nation? Shall they arm an enemy with strength and assist him with supplies?"It might have been imagined that this magnificent and destructive repulse would have convinced the allies that the siege was hopeless, but they were pretty well informed that General Elliot had well nigh exhausted his ammunition in this prodigal death-shower, and they had still their great combined fleet, snug in the narrow bay, with scouts in the Strait to prevent the carrying in of supplies. But on the 24th of September news arrived at Madrid that the fleet of Lord Howe was under weigh for Gibraltar. Howe's fleet of thirty-four sail-of-the-line, six frigates, and three fire-ships, though in the neighbourhood of one of fifty sail-of-the-line, besides a number of frigates and smaller vessels, managed to get into the bay of Gibraltar all safe, amid the wildest acclamations of soldiers and inhabitants. By the 18th of October all the store-ships had discharged their cargoes, and had passed through the Strait, and on the 19th Lord Howe followed them with his fleet. The enemy's fleet then came out after him, and the next day they were in the open ocean, and Howe proceeded to their leeward to receive them. Some of their vessels had suffered[296] in the late gales, but they had still at least forty-four sail to Howe's thirty-four, and, having the weather-gauge, had every advantage. But after a partial firing, in which they received great damage from Howe, they hauled off and got into Cadiz bay. Howe, then dispatching part of his fleet to the West Indies and a second squadron to the Irish coast, returned home himself. The news of the grand defence of Gibraltar produced a wonderful rejoicing in England; thanks were voted by Parliament to the officers and privates of the brave garrison; General Elliot was invested with the Order of the Bath on the king's bastion in sight of the works which he had preserved, and on his return, in 1787, at the age of seventy, he was created a Peer as Lord Heathfield of Gibraltar.

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FORE:On the 26th the Houses adjourned for a month, for the Christmas recess, and during this time the treaties with France and Spain made rapid progress. The fact of America being now withdrawn from the quarrel, coupled with the signs of returning vigour in England��Rodney's great victory and the astonishing defence of Gibraltar��acted as a wonderful stimulant to pacification. Spain still clung fondly to the hope of receiving back Gibraltar, and this hope was for some time encouraged by the apparent readiness of Lord Shelburne to comply with the desire, as Chatham and Lord Stanhope had done before. But no sooner was this question mooted in the House of Commons than the public voice denounced it so energetically, that it was at once abandoned. On the 20th of January, 1783, Mr. Fitzherbert signed, at Versailles, the preliminaries of peace with the Comte de Vergennes, on the part of France, and with D'Aranda, on the part of Spain. By the treaty with France, the right of fishing off the coast of Newfoundland and in the Gulf of St. Lawrence was restored, as granted by the Treaty of Utrecht; but the limits were more accurately defined. The islands of St. Pierre and Miquelon, on the coast of Newfoundland, were ceded for drying of fish. In the West Indies, England ceded Tobago, which France had taken, and restored St. Lucia, but received back again Grenada, St. Vincent, Dominica, St. Kitt's, Nevis, and Montserrat. In Africa, England gave up the river Senegal and the island of Goree, but retained Fort St. James and the river Gambia. In India, the French were allowed to recover Pondicherry and Chandernagore, with the right to fortify the latter, and to carry on their usual commerce. They regained also Mah�� and the factory of Surat, with their former privileges. The articles in the Treaty of Utrecht, regarding the demolition of the fortifications of Dunkirk, were abrogated. Spain was allowed to retain Minorca and both the Floridas, but she agreed to restore Providence and the Bahamas. The latter, however, had already been retaken by us. She granted to England the right of cutting logwood in Honduras, but without the privilege of erecting forts or stock-houses, which rendered the concession worthless, for it had always been found that without these it was impossible to carry on the trade. With the Dutch a truce was made on the basis of mutual restoration, except as concerned the town of Negapatam, which Holland ceded. The preliminaries, however, were not settled till nearly eight months afterwards.[See larger version]

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