FORE:Whilst these violent dissensions had sprung up from the French Revolution, Wilberforce and his coadjutors had been active in their exertions to abolish the Slave Trade. Thomas Clarkson, now devoted heart and soul to this object, was, with Dr. Dickson, sent out by the parent Anti-Slavery Society through the country, to call into life provincial societies and committees, and found themselves zealously supported and warmly welcomed by philanthropists, and especially by the Society of Friends. They circulated the evidence taken before the House of Commons' Committee, and made a great impression. On the other hand, the French Revolution proved as antagonistic to the cause of the abolitionists as it had to the friendship of Burke and Fox. The dreadful insurrection in St. Domingo was attributed to the formation of the Society in Paris of Les Amis des Noirs, and many otherwise enlightened men took the alarm, lest similar scenes in our West Indian colonies should be the result of the doctrines of the abolitionists. Few persons could be found willing to entertain the idea of immediate abolition of the trade in slaves; and even Dr. Parr, though a great Whig and adherent of Fox, declared that these Utopian schemes of liberty to blacks were alarming to serious men. Wilberforce was earnestly entreated to reconsider his plan; he was assured that immediate abolition would not pass the Commons, nor even gradual abolition the Lords. Wilberforce, however, could not be deterred from bringing on the question. On the 18th of April he moved for leave to bring in a Bill to prevent the introduction of any more slaves into our colonies. Besides showing the cruelties practised in the collection and transmission of negroes, he brought forward evidence to prove that, so far from this trade being, as had been represented before the Committee of the Commons, the nursery of British seamen, it was their grave. He showed that of twelve thousand two hundred and sixty-three men employed in it, two thousand six hundred and forty-five had been lost in twelve months. This was calculated to produce far less effect than the surrender of hundreds of thousands of negroes, inasmuch as profit and loss was a more telling argument with the slave traders than mere humanity; and they exerted all their influence in defence of their traffic. Wilberforce added that even had this trade really been a beneficial one as regarded mere political economy, there was a smell of blood about it that all the perfumes of Arabia could not disguise. He was ably supported by Fox and Pitt; but, on this occasion, the Prime Minister could not command[381] his large majority; the motion was lost by one hundred and sixty-three against eighty-eight.On the 21st of March a Committee which had been appointed early in the Session to inquire into the public income and expenditure, and to suggest what might in future be calculated on as the clear revenue, presented its report through Mr. Grenville, their chairman. On the 29th, Pitt, in a Committee of the whole House, entered upon the subject, and detailed the particulars of a plan to diminish progressively and steadily the further debt. It appeared from the report of the select Committee that there was, at present, a clear surplus revenue of nine hundred thousand pounds sterling, and that this surplus could, without any great additional burthen to the public, be made a million per annum. This he declared to be an unexpected state of financial vigour after so long and unfortunate a war. The plan which he proposed was to pay two hundred and fifty thousand pounds quarterly into the hands of Commissioners appointed for the purpose to purchase stock to that amount, which was under par, or to pay stock above par, and thus cancel so much debt. In addition to this, the annuities for lives, or for limited terms, would gradually cancel another portion. All dividends arising from such purchases were to be similarly applied. Pitt calculated that by this process, and by the compound interest on the savings to the revenue by it, in twenty-eight years no less than four millions sterling per annum of surplus revenue would be similarly applied, or employed for the exigencies of the State. By this halcyon process he contemplated the eventual extinction of that enormous debt, to pay the mere interest of which every nerve had been stretched, and every resource nearly exhausted. In a delightful state of self-gratulation, Pitt declared that he was happy to say that all this was readily accomplishable; that we had nothing to fear, except one thingthe possibility of any Minister in need violating this fund. Had the original Sinking Fund, he said, been kept sacred, we should have had now very little debt. To prevent the recurrence of this fatal facility of Ministers laying their hands on this Fund, he proposed to place it in the hands of Commissioners, and he declared that "no Minister could ever have the confidence to come down to that House and desire the repeal of so beneficial a law, which tended so directly to relieve the people from their burthens." He added that he felt that he had by this measure "raised a firm column, upon which he was proud to flatter himself that his name might be inscribed." He said not a word about the name of Dr. Price being inscribed there, to whom the whole merit of the scheme belonged; he never once mentioned his name at all. On his own part, Dr. Price complained not of this, but that he had submitted three schemes to Pitt, and that he had chosen the worst.
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