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The news of these imposts, and of this intended stamp duty, flew across the Atlantic, and produced the most bitter excitement. Never could this unwelcome news have reached the colonies at a more unpropitious moment. To restrictions on their legitimate trade, the British had been adding others on their illegitimate trade. Nearly all the American colonies lay on the seaboard, and were, therefore, naturally addicted to a free sort of trade, which these new duties made contraband. The British Government had sent out a number of revenue ships and officers to cut off this trade, and capture and confiscate all vessels found practising it. The colonists met in various places, and passed very strong resolutions against these regulations. The people of New England spread their views and resolves all over the colonies by means of the press. They refused to listen to any overtures of the British Government on the subject. They claimed the right to grant, of their own free will, such contributions to the revenue of the empire as their own assemblies should deem just, and to submit to no compulsion where they had no voice. They called on all the colonists to refrain as much as possible from purchasing any of the manufactures of England so long as she showed a disposition to oppress them, and to obtain their materials for clothing from other countries, or to begin to manufacture them themselves; and to cease also to use all luxuries on which the duties were laid. To make their case known in England, Pennsylvania, Massachusetts, Maryland, and Georgia appointed the celebrated Benjamin Franklin their agent in London.

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The year 1843 opened amid gloom and depression. The newspapers published the fact that the revenue for the quarter ending on the 5th of January, as compared with the corresponding quarter of the previous year, had decreased no less than 940,062, occasioned mainly by diminished consumption of articles used by the industrial classes of the community; and the Times remarked, "It appears to us very clear, whatever our Free Trade friends may say, that any alteration which may be made in the Corn Laws ought not to be made irrespective of financial considerations: we cannot at these times afford to throw away revenue." In the same paper appeared a statement that flour was 30 per cent. dearer in London than in Paris. The Queen opened Parliament on the 2nd of February, and the Speech delivered from the Throne regretted the diminished receipts from some of the ordinary sources of revenue, and feared that it must, in part, be[506] attributed to the reduced consumption of many articles caused by that depression of the manufacturing industry of the country which had so long prevailed, and which her Majesty had so deeply lamented. But it suggested no measure of relief for the people."I have for several years endeavoured to obtain a compromise on this subject. The result of resistance to qualified concession must be the same in the present instance as in those I have mentioned. It is no longer worth while to contend for a fixed duty. In 1841 the Free Trade party would have agreed to a duty of 8s. a quarter on wheat, and after a lapse of years this duty might have been further reduced, and ultimately abolished. But the imposition of any duty, at present, without a provision for its extinction within a short period, would but prolong a contest already sufficiently fruitful of animosity and discontent. The struggle to make bread scarce and dear, when it is clear that part, at least, of the additional price goes to increase rent, is a struggle deeply injurious to an aristocracy which (this quarrel once removed) is strong in property, strong in the construction of our Legislature, strong in opinion, strong in ancient associations and the memory of immortal services."
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When the intense agitation had in some degree subsided, Fox rose and proposed the mode in which the trial should be conducted, which was that the evidence on both sides should be gone through on each separate charge, and that charge immediately decided, whilst all the facts were fresh in the minds of the lords, who were the judges. But this was opposed by the counsel of Hastings, who knew well the advantage of leaving the decision till the vivid impression of the events was worn off. They succeeded in carrying their object, and when the trial terminated eight years afterwards, the result was quite according to their hopes. The Managers complained loudly, but there was no remedy. Fox, therefore, proceeded to open the Benares case, which occupied[343] five hours. Grey took it up, and completed it the next day. Several succeeding days were employed in reading papers and hearing witnesses, and then Anstruther summed up and commented on the charge.It was proposed also to form, in certain districts, relief committees, which should be empowered to receive subscriptions, levy rates, and take charge of donations from the Government; and that out of the fund thus raised they should establish soup kitchens, and deliver rations to the famishing inhabitants. Sir John Burgoyne, Inspector-General of Fortifications, was appointed to superintend the works. Lord John Russell referred to measures for draining and reclaiming waste land in Ireland, and to advances of money for this purpose to the proprietors, to be repaid in instalments spread over a number of years. On a subsequent day, in answer to questions from Mr. Roebuck, the noble lord gave a statement of the sums that had already been advanced. 2,000,000 had been issued on account of the Poor Employment Act of the last Session. He expected that not less than 500,000 or 600,000 a month would be spent from the present time until August, and he calculated the whole expenditure would not be less than 7,000,000. There was great difference of opinion on the subject of the Government plans. A counter-scheme for the establishment of reproductive works deserves to be noticed for the interest it excited and the attention it occupied for years afterwardsnamely, the railway plan of Lord George Bentinck. Acts of Parliament, he said, had been passed for 1,582 miles of railway in Ireland, of which only 123 miles had then been completed, while 2,600 miles had been completed in England. In order to encourage the formation of Irish railways, therefore, he proposed that for every 100 expended by the companies 200 should be lent by the Government at the same interest at which they borrowed the money, Mr. Hudson, who was "chairman of 1,700 miles of railroad," pledging his credit that the Government would not lose a shilling by the transaction. By adopting this plan they could give reproductive employment to 109,000 men in different parts of the country, for earth-works, fences, drains, and watercourses connected with the lines. This would give support of 550,000 souls on useful work, tend to develop the resources of the country, and produce such improvement that the railways constructed would add 23,000,000 to the value of landed property in twenty-five years, and would pay 22,500 a year to the poor rates. The purchase of land for the railways would moreover place 1,250,000 in the hands of Irish proprietors, for the employment of fresh labour, and 240,000 in the hands of the occupying tenants for their own purposes. The Government also would reap from the expenditure of 24,000,000 on railways in Ireland, an enormous increase of revenue in the augmented consumption of articles of excise and customs. The noble lord's speech, which lasted two hours and a half, was received with cheers from both sides of the House. Leave was given to bring in the Bill, though it was strongly objected to by Lord John Russell, Mr. Labouchere, and other members of the Government. It was also opposed by Sir Robert Peel, who exposed the unsoundness of the economic principles involved in it. The Bill was rejected by a majority of 204, the numbers being 118 for the second reading, and 322 against it. Notwithstanding this decision, loans were subsequently advanced to certain Irish railways, amounting to 620,000, so that the objection of the Government was more to the extent than to the principle of Lord George Bentinck's measure.The elections were now carried on with all the fire and zeal of the two parties. The Tories boasted of their successful efforts to stem the tide of expenditure for the war, to staunch the flow of blood, and restore all the blessings of peace. The Whigs, on the contrary, made the most of their opposition to the Treaty of Commerce, which they represented as designed to sacrifice our trade to the insane regard now shown to the French. To show their interest in trade, they wore locks of wool in their hats; and the Tories, to show their attachment to the Restoration and the Crown, wore green twigs of oak. Never was shown more completely the want of logical reason in the populace, for whilst they were declaring their zeal for the Protestant succession, and whilst burning in effigy on the 18th of NovemberQueen Bess's daythe Pope, the Devil, and the Pretender, they sent up a powerful majority of the men who were secretly growing more and more favourable to the Pretender's return. Never, indeed, had the chances of his restoration appeared so great. General Stanhope, on the close of the elections, told the Hanoverian minister that the majority was against them, and that if things continued ever so short a time on the present footing, the Elector would not come to the Crown unless he came with an army.On the 6th of May Burke had brought forward a measure for the benefit of his long-oppressed country, to the effect that Ireland should enjoy the privilege of exporting its manufactures, woollen cloths and woollens excepted, and of importing from the coast of Africa and other foreign settlements all goods that it required, except indigo and tobacco. The Irish were to have the additional privilege of sending to England duty-free, cotton-yarns, sail-cloth, and cordage. Parliament, for once, looked on these demands with favour. They recollected that the Americans had endeavoured to excite disaffection amongst the Irish by reference to the unjust restrictions on their commerce by the selfishness of England, and they felt the loss of the American trade, and were willing to encourage commerce in some other direction. Lord Nugent co-operated with Burke in this endeavour. But the lynx-eyed avarice of the English merchants was instantly up in arms. During the Easter recess, a host of petitions was[254] got up against this just concession. The city of Bristol, which was represented by Burke, threatened to dismiss him at the next election, if he persisted in this attempt to extend commercial justice to Ireland; but Burke told them that he must leave that to them; for himself, he must advocate free trade, which, if they once tried it, they would find far more advantageous than monopoly. They kept their word, and threw him out for his independence. At the same time, the English merchants, as they had always done before by Ireland, triumphed to a great extent. They demanded to be heard in Committee by counsel, and the Bills were shorn down to the least possible degree of benefit.This and other events at length convinced the stupid and ungrateful Emperor that the war was[56] hopeless. Russia had as good as deserted him; Prussia, so lately won over, was again wavering; Sweden and Holland had joined the allies; and Spain, so far from helping him, could not drive the enemy from a corner of its own territory. He therefore listened to terms of peace which were offered by the allies through the pacific medium of Fleury, and the preliminaries were signed at Paris by the Austrian Ambassador on the 31st of May with England, France, and Holland. The Emperor agreed to suspend for seven years the charter of the Ostend Company; to confirm all treaties previous to 1725; and to refer any other objects of dispute to a general congress. Several articles were introduced regarding Spain. The English consented to withdraw the fleet of Admiral Hosier from blockading Porto Bello, so that the galleons could return home; the siege of Gibraltar was to be discontinued, and the Prince Frederick to be restored. These articles were signed by the Spanish Ambassador at Paris, but Philip himself never ratified them, and England and Spain continued in a dubious state of neither peace nor war.
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