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FORE:During the French war, when the Paris fashions were intercepted, much variety in the fashion of dress took place amongst both gentlemen and ladies; but before the peace had arrived the most tasteless costumes had become general, and the waists of both sexes were elevated nearly to their shoulders. The tight skirts and short waists of the ladies gave them the most uncouth aspect imaginable; and the cut-away coats and chimneypot hats of the gentlemen were by no means more graceful. The military costume had undergone an equally complete revolution, and with no better success.
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FORE:
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FORE:LORD NORTH.
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FORE:It was in these grave circumstances that Lord North, on the 5th of March, 1770, brought forward his bill, based on the terms of Lord Hillsborough's letter to the American governors, to repeal all the import duties except that on tea. This was one of those half-and-half measures which never succeed; it abandoned the bulk of the duties, but retained the really obnoxious thingthe principle. Grenville very truly told them that they should retain the whole, or repeal the whole. Lord Barrington and Welbore Ellis, in their dogged Toryism, protested against repealing a single item of them; and the Opposition, Barr, Conway, Meredith, Pownall, etc., as earnestly entreated them to remove the duties altogether, and with them all cause of irritation. The motion for leave to bring in the bill was carried by two hundred and four votes to one hundred and forty-two. During the debates it was shown that, during the financial year, the American tea duties had producednot the calculated ten or twelve thousand, but less than three hundred pounds! For such a sum did our legislators risk a civil war. As a last effort on this question at this time, the Opposition, on the 1st of May, called for the correspondence with America; and, on the 9th, Burke moved nine resolutions on the general topic. They were not only negatived, but a similar motion, introduced into the Peers by the Duke of Richmond, met the same fate.
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FORE:The memorable 17th of August arrived, and the curtain was raised on a new act in the great drama, on which the whole nation gazed with the deepest interest, and with feverish anxiety. The queen left her residence in St. James's Square, and proceeded to the House of Lords in her new state carriage, which the people were with difficulty dissuaded from unyoking, that they might draw it themselves. As she passed Carlton House, the crowd gave three cheers, and also at the Treasury. The soldiers on guard at the former place, and at the House of Lords, presented arms when she arrived. The queen's carriage was preceded by Alderman Wood's, and followed by one of her Majesty's travelling carriages, in which were the Hon. Keppel Craven and Sir William Gell, her chamberlains. The way from Charing Cross to Westminster Abbey was crowded, and all the windows of the houses on each side were filled with people, particularly with ladies. Such was the enthusiasm of the people, that the barrier erected at St. Margaret's Church was insufficient to keep them back, and the dense mass forced their way through, and reached Palace Yard shortly after the queen. Sir T. Tyrwhitt, as Gentleman Usher of the Black Rod, attended by the officers of the House, received the queen at the private entrance which had been prepared for her. She entered at the door near the throne, supported by Lord A. Hamilton, and attended by Lady A. Hamilton. She was dressed in white, but wore a black lace shawl. Her demeanour was in the highest degree dignified. On her entrance the peers all rose, and she was pleased to salute them in return.A great portion of the present Session was[143] occupied with discussing the return to cash payments, which, by the Act of Parliament, ought to take place on the 5th of July of this year. It appears that no less than fifty debates and conversations in both Houses took place on this important subject during the Session. Very soon after the meeting of Parliament a secret committee of each House was appointed to inquire into the state of the Bank. These committees were, however, so managed, by delivering to the members lists of suitable persons for such committees, that scarcely any but Ministerial men were voted, though these votes were given by ballot. In the Commons this result was so evident that the Opposition declined to vote at all. The first reports of the committees went rather to close more strictly than to open the issue of gold by the Bank. It had been paying in gold its notes issued previous to January, 1817. This payment it was proposed to stop, as, at present, evidently injurious to the interests of the country. Mr. Peel, on moving for a Bill for this purpose, stated that the gold at the present price was fast finding its way abroad, and was as rapidly absorbed in re-minting a gold coinage for France. It appeared that during the first half of 1818 gold to the value of no less than one hundred and twenty-eight million francs had been coined at the French mint, of which three-fourths were derived from the gold coinage of England. A Bill was accordingly passed to stop payment altogether in gold till the necessary preparations were made by a fresh Bill. Still, the condition of the Bank was represented as flourishing. Its liabilities were stated in January, 1819, as amounting to thirty-three million eight hundred and ninety-four thousand five hundred and eighty pounds; its assets, including the debt due from Government, fifty-three million seven hundred and eighty-three thousand seven hundred pounds. The total Bank surplus appeared to be nineteen million eight hundred and eighty-nine thousand one hundred and twenty pounds; and its surplus, independent of the Government debt, and therefore available for current use, was five million two hundred and two thousand three hundred and twenty pounds. The committees adopted the scheme broached by Mr. Ricardo in his "Proposals for an Economical and Secure Currency," published in 1816. This was that the Bank, in the first instance, should not pay for its notes in gold coin, but in ingots of a certain weight, its fineness being attested by a stamp; and this degree of purity should be regulated from time to time till the gold descended to the Mint price of three pounds seventeen shillings and tenpence-halfpenny per ounce. When the Mint gold at length reached this rate of value, then the payment in coin was to be begun. Resolutions to this effect were moved by the Earl of Harrowby on the 21st of May, and they received the approval, not only of the Ministerial side, but of the leading Opposition members, Lords Grenville, Lansdowne, and King.
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