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THREE:Attention was now turned to a matter of the highest importance in a commercial, an intellectual, and a moral point of view. The stamp duty on newspapers had been the subject of keen agitation for some months, and newspaper vendors had incurred repeated penalties for the sale of unstamped newspapers; some of them having been not only fined, but imprisoned. A general impression prevailed that such an impost was impolitic, if not unjust, and that the time had come when the diffusion of knowledge must be freed from the trammels by which it had been so long restrained. A deputation, consisting of Dr. Birkbeck, Mr. Hume, Colonel Thompson, Mr. O'Connell, Mr. Grote, Mr. Roebuck, Mr. Brotherton, Mr. Wallace, and Mr. Buckingham, having, on the 11th of February, waited upon Lord Melbourne, to ask for an entire abolition of the stamp on newspapers, he promised to give his most serious attention to the matter; and he kept his word, for on the 15th of the next month the Chancellor of the Exchequer brought the subject before Parliament, and announced the intentions of Government with regard to it. He stated that it was proposed to revise the whole of the existing law respecting stamp duties, first by consolidating into one statute the 150 Acts of Parliament over which the law was at present distributed; secondly,[402] by the apportionment of the various rates on a new principle��namely, by the simple and uniform rule of making the price of the stamp in every case correspond to the pecuniary value involved in the transaction for which it is required. The effect of this change would be to reduce the stamp duty upon indentures of apprenticeship, bills of lading, and many others of the more common instruments, and to increase it upon mortgages and conveyances of large amounts of property. It was intimated that the proposed Consolidation Act would contain no less than 330 sections. With regard to the stamp on newspapers, then fourpence with discount, it was proposed to reduce it to one penny without discount. This would be a remission of a proportion, varying according to the price of the newspaper, of between two-thirds and three-fourths of the tax. To this remission Parliament assented, and the illicit circulation of unstamped papers was in consequence abandoned. Some of the members very reasonably objected to any stamp whatever on newspapers; but the time was not yet come when Government would venture entirely to remove it, although the advantages which must necessarily arise from such a proceeding could not but have been foreseen. It was considered unfair that the public at large should pay for the carriage of newspapers by post; and it does not seem to have been remembered that, as only a portion of them would be transmitted in this way, an injustice would be committed by demanding payment for all. The difficulty of the case was, however, in due time, easily surmounted; and political knowledge was, by the change even then made, in a great degree exempted from taxation��a good preparation for the time, which was not very far off, when a newspaper of a high order might be obtained, even for the reduced price of the stamp.

THREE:[See larger version] Accession of George III.��His Conduct��Ascendency of Bute��Meeting of Parliament��Enthusiastic Reception of the King's Speech��Bute's Cabals��Hostility to Pitt��Ministerial Changes��Marriage of the King��Queen Charlotte��Misfortunes of Frederick��Ferdinand of Brunswick's Campaign��Defeat of the French in the East and West Indies��Negotiations for Peace��Pitt's large Demands��Obstinacy of Choiseul��The Family Compact suspected��Resignation of Pitt��Bute's Ministry��War with Spain��Abandonment of Frederick��Policy of the new Czar��Resignation of Newcastle��Bute at the head of the Treasury��Successes in the West Indies��Capture of Manila��Bute's Eagerness for Peace��The Terms��Bute's Unpopularity��Close of the Seven Years' War��Successes of Clive��Defeat of the Dutch in India��Final Overthrow of the French in India��Fate of the Count de Lally��Bute and the Princess of Wales��The Cider Tax��Bute's Vengeance��His Resignation��George Grenville in Office��No. 45 of the North Briton��Arrest of Wilkes��His Acquittal��Vengeance against him��The King negotiates with Pitt��Wilkes's Affairs in Parliament��The Wilkes Riots��The Question of Privilege��The Illegality of General Warrants declared��Wilkes expelled the House��Debates on General Warrants��Rejoicing in the City of London.