TWO: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.The French Chambers were summoned for the 28th of December, and the king opened them in person, reading a Speech which was vague, vapid, and disappointing. It contained one passage, however, which was sufficiently intelligible. It was a denunciation and a defiance of Reform. He said:"In the midst of the agitation fomented by hostile and blind passions, one conviction sustains and animates meit is that in the Constitutional monarchy, in the union of the great powers of the State, we possess the most assured means of surmounting all obstacles, and of satisfying the moral and material interests of our dear country." Next day a meeting of the Opposition deputies was held in Paris at the Caf Durand, in the Place de la Madeleine, when it was proposed that they should all send in their resignations. This would cause 102 elections, at which the conduct of the Government would be fully discussed at the hustings in different parts of the country. This was objected to by the majority, who were for holding a banquet in defiance of the Government. A committee was appointed to make the arrangements, and the announcement caused the greatest excitement. On the 21st of February, 1848, the Government issued a proclamation forbidding the banquet, which was to take place on the following day. The prohibition was obeyed; the banquet was not held. In the meantime, great numbers of people arrived in Paris from the country, and immense multitudes from all the faubourgs assembled at the Madeleine, in the Champs Elyses, and at the Place de la Concorde, consisting for the most part of workmen and artisans. The people seemed violently agitated, as if prepared for the most desperate issues. The troops were under arms, however, and the king, who was in the gayest humour, laughed with his courtiers at the pretensions of Barrot and the reformers. The excitement, however, increased every moment. When the troops came near the crowd, they were received with hisses and assailed with stones. The Rue Royale, the Rue de Rivoli, and Rue St. Honor, were cleared and occupied by cavalry, and the populace were driven into the back streets, where some barricades were constructed, and some occasional shots exchanged between the military and the insurgents. The principal struggles, however, were between the people and the Municipal Guard, which they abhorred. Wherever they met through the city, the conflict became fierce, sanguinary, and ruthless. But the National Guard had no such animosity against the people; on the contrary, they sympathised with them thoroughly, raised with them the cry of "Vive la Rforme," and refused to act against them. The king could not be got to believe this fact till the last moment.
