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FLIGHT OF THE ROYAL FAMILY OF PORTUGAL. (See p. 547.)
  • THREE:Such being the facts of the case, the Liberals came to the conclusion that a reform was inevitable. In order to adapt the Establishment to the requirements of the Protestant population, there must be a large reduction, and the surplus funds that remained ought to be applied to some object by which the moral and religious instruction of the people would be promoted. The least objectionable mode in which the money could be applied was the general education of the poor under the National Board, by which children of all denominations could be educated in harmony together, as they had been ever since its establishment. The reformers denied that there was any analogy between the revenues of the Established Church and private property. The Acts of Parliament securing those revenues had all treated them as being held in trust for the benefit of the nation; and after leaving ample means for the due execution of the trust, so far as it was really practicable, the Legislature was competent to apply the balance in accomplishing by other agency than the Protestant clergy, to some extent at least, the objects originally contemplated by the founders of the religious endowments.
  • THREE:In the course of this commercial madness the imports greatly exceeded the exports, and there was consequently a rapid drain of specie from the country. The drain of bullion from the Bank of England was immense. In August, 1823, it had 12,658,240, which in August, 1825, was reduced to 3,634,320, and before the end of the year it ran as low as 1,027,000. Between July, 1824, and August, 1825, twelve millions of cash were exported from Great Britain, chiefly to South America. During the Revolutionary war, which had lasted for fourteen years, the capital of the country had been completely exhausted, while all productive labour had been abandoned. The unworked mines were filled with water. They were accessible, it is true, to English speculators, but they were worked exclusively with English capital. The South American mining companies were so many conduits through which a rapid stream of gold flowed from Great Britain. The catastrophe that followed took the commercial world by surprise; even the Chancellor of the Exchequer failed to anticipate the disaster. On the contrary, his Budget of 1825 was based upon the most sanguine expectations for the future, and on the assurance that the public prosperity was the very reverse of what was ephemeral and peculiar, and that it arose from something inherent in the nation. Even at the prorogation of Parliament in July, the Royal Speech referred to the "great and growing" prosperity on which his Majesty had the happiness of congratulating the country at the beginning of the Session. The commercial crisis, however, with widespread ruin in its train, was fast coming upon Britain. Vast importations, intended to meet an undiminished demand at high prices, glutted all the markets, and caused prices to fall rapidly. Merchants sought accommodation from their bankers to meet pressing liabilities, that they might be enabled to hold over their goods till prices rallied. This accommodation the bankers were unable to afford, and sales were therefore effected at a ruinous loss. The South American mines, it was found, could not be worked at a profit, and they made no return for the twenty million pounds of British money which they had swallowed up. The effect was a sudden contraction of the currency, and a general stoppage of banking accommodation. The country banks, whose issues had risen to 14,000,000, were run upon till their specie was exhausted, and many of them were obliged to stop payment. The Plymouth Bank was the first to fail, and in the next three weeks seventy banks followed in rapid succession. The London houses were besieged from morning to night by clamorous crowds, all demanding gold for their notes. Consternation spread through all classes. There was a universal pressure of creditors upon debtors, the banks that survived being themselves upon the edge of the precipice; and the Bank of England itself, pushed to the last extremity, peremptorily refused accommodation even to their best customers. Persons worth one hundred thousand pounds could not command one hundred pounds; money seemed to have taken to itself wings and fled away, reducing a state of society in the highest degree artificial almost to the condition of primitive barbarism, which led Mr. Huskisson to exclaim, "We were within twenty-four hours of barter."
  • THREE:'Purpurea tollant aul?a Britanni;'
  • THREE:In April the inferior prisoners were tried in the Common Pleas. Forster, brigadier Mackintosh, and twenty of their accomplices were condemned; but Forster, Mackintosh, and some of the others, managed, like Wintoun, to escape; so that, of all the crowds of prisoners, only twenty-two in Lancashire and four in London were hanged. Bills of attainder were passed against the Lords Tullibardine, Mar, and many others who were at large. Above a thousand submitted to the king's mercy, and petitioned to be transported to America.
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TWO:We must open the year 1790 by reverting to the affairs of Britain, and of other countries having an influence on British interests. The Parliament met on the 21st of January; and, in the course of the debate on the Address in the Commons, Fox took the opportunity to laud the French Revolution, and especially the soldiers for destroying the Government which had raised them, and which they had sworn to obey. Burke, in reply, whilst paying the highest compliments to the genius of Fox, and expressing the value which he placed on his friendship, endeavoured to guard the House and country against the pernicious consequences of such an admiration as had been expressed by Fox. He declared the conduct of the troops disgraceful; for instead of betraying the Government, they ought to have defended it so far as to allow of its yielding the necessary reforms. But the so-called reforms in France, he said, were a disgrace to the nation. They had, instead of limiting each branch of the Government for the general good and for rational liberty, destroyed all the balances and counterpoises which gave the State steadiness and security. They had pulled down all things into an incongruous and ill-digested mass; they had concocted a digest of anarchy called the Rights of Man, which would disgrace a schoolboy; and had laid the axe to the root of all property by confiscating[371] that of the Church. To compare that revolution with our glorious one of 1688, he said, was next to blasphemy. They were diametrically opposed. Ours preserved the Constitution and got rid of an arbitrary monarch; theirs destroyed the Constitution and kept a monarch who was willing to concede reforms, but who was left helpless. Fox replied that he had been mistaken by his most venerated and estimable friend; that he was no friend to anarchy and lamented the cruelties that had been practised in France, but he considered them the natural result of the long and terrible despotism which had produced the convulsion, and that he had the firmest hopes that the French would yet complete their Constitution with wisdom and moderation. Here the matter might have ended, but Sheridan rose and uttered a grand but ill-considered eulogium on the French Revolution, and charged Burke with being an advocate of despotism. Burke highly resented this; he made a severe reply to Sheridan; and instead of the benefits which he prognosticated, Burke, with a deeper sagacity, declared that the issue of that revolution would be not only civil war but many other wars.
FORE:

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TWO:It was not to be wondered at that when, on the 24th of January, the preliminaries of peace were laid on the tables of the two Houses, there should be a violent denunciation of the large concessions made by Ministers. Spain had been granted better terms than in any treaty since that of St. Quentin. She had obtained the most desirable island of Minorca, with the finest port on the Mediterranean. She had got the Floridas, and had given up scarcely anything, whilst, had the British, now freed from the dead weight of America, pursued the war against her, she must soon have lost most of her valuable insular colonies. France had given up more, but she recovered very important territories which she had lost, and especially her settlements of Pondicherry and Chandernagore, in the East Indies; but America had conceded nothing, and yet had been allowed to determine her own frontier, and to share the benefits of the fishing all round our own Transatlantic coasts.Lord Anglesey had expressed himself so strongly in his communications with the Government, that he was afraid of being regarded by them as a partisan. He deprecated giving the executive any additional powers, though not without apprehensions of a rebellion, which he believed he had sufficient force to quell, even in the improbable event of foreign aid, upon which some of the Irish people might, however rashly, rely for success. On the 20th of July he wrote: "It appears not improbable there may be an attempt to introduce arms, and finally insurrection. I am quite sure the disaffected are amply organised for the undertaking. They are partially, but ill, armed. Pikes, however, to any amount, and at very short notice, would be easily manufactured, if they are not already made and secreted. Still, I cannot bring myself to believe that the ruling characters are at all inclined to put their cause to the test of arms; and if they do, I cannot imagine how, without foreign aidof which there appears no fearthey can calculate upon success." The priests had become all silent and reserved, even towards those with whom they had hitherto maintained confidential intercourse. No money would tempt them to make a single disclosure, and there was a general impression among them that some great event was at hand. The law officers of the Crown had been consulted as to the expediency of prosecuting some of the agitators for the most violent of their speeches; but their advice was, that it could not be done with any prospect of success, because their most exciting stimulants were accompanied by declarations that they wished only to guard the Government against insurrection, which only concession could prevent. Such being the condition of Ireland, the position of the Government was in the highest degree perplexing. The House of Commons was for Emancipation; the Lords were opposed to it; the king was opposed to it. The strength of political parties was nicely balanced in Parliament, and strong political excitement prevailed on both sides of the Irish Sea. Peel, in view of this state of affairs, says: "I maturely and anxiously considered every point which required consideration, and I formed a decision as to the obligation of public duty, of which I may say with truth that it was wholly at variance with that which the regard for my own personal interests or private feelings would have dictated." His intention was to relinquish office; but he resolved not to do so without placing on record his opinion that a complete change of policy was necessary, that the Catholic question should no longer be an open question, and that the whole condition of Ireland, political and social, should be taken into consideration by the Cabinet, precisely in the same manner in which every other question of grave importance was considered, and with the same power to offer advice upon it to the Sovereign. He also gave it as his decided opinion that there was less evil and less danger in conceding the Catholic claims than in persevering in the policy of resistance. He left London for Brighton soon after the close of the Session, having made a previous arrangement with the Duke of Wellington that he should send him a memorandum explanatory of his views on the state of Ireland and on the Catholic question, and that he should write to the Duke fully in reply. On the 9th of August the Duke wrote to him as follows:"I now send you the memorandum which I sent to the king on the state of Ireland, a letter which I sent to him at the same time, his answer, a memorandum upon the Roman Catholic[281] question which I have since drawn up, and a letter which I wrote yesterday to the Lord Chancellor."
FORE:[See larger version]

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TWO:The statement of the Ministerial measure on the Corn Laws was fixed for the 9th of February. At five o'clock the Ministers moved that the paragraph in the Queen's Speech relating to the Corn Laws be read by the Clerk. This having been done, and the House having resolved itself into a committee to consider the laws relating to corn, Sir Robert Peel proceeded to explain the measure which he was about to introduce for their modification. The reception of the Premier's statement was not flattering. Listened to in watchful silence till he unfolded the details of the new sliding scale, he was then hailed from the Opposition benches with shouts of triumphant derision. The Whigs were relieved at finding that at least his measure was not calculated to be more popular[487] out of doors than the fixed duty which they had proposed; but from his own side Sir Robert received little support. His customary cheerers were mute, and round him were black faces when he spoke of not wishing corn prices to range higher than 54s. to 58s. Towards the close of his speech there was a painful inattention, to which he could not refrain from alluding. The dead silence which prevailed while he was reading the proposed scale was followed, when he had concluded, by a great deal of laughter along the line of the Opposition benches, and a loud buzz of conversation on both sides of the House ensued, which did not quite subside during the remainder of the speech. The details of the measure were recapitulated by the Minister as follow:The British Parliament met on the 21st of January, 1794. The Opposition, on the question of the Address, made a strong remonstrance against the prosecution of the war. They urged the miserable conduct of it, and the failures of the Allies, as arguments for peace. They did not discourage the maintenance of a proper system of self-defence, and therefore acceded to the demands of Ministers for raising the navy to eighty-five thousand men. The production of the Budget by Pitt, on the 2nd of February, gave additional force to their appeals for peace. He stated that the military force of England, including fencibles and volunteers, amounted to a hundred and forty thousand men, and he called for nineteen million nine hundred and thirty-nine thousand pounds for the maintenance of this force, and for the payment of sixty thousand German troops. Besides this, he asked for a loan of eleven million pounds, as well as for the imposition of new taxes. This was an advance in annual expenditure of fifteen million pounds more than only two years ago; and when the manner in which the money was spent was inquired into, the objections became far more serious. It thus appeared that we were not only fighting for Holland and Belgium, but that we were subsidising German princes to fight their own battles. There had been a large subsidy to the King of Prussia, to assist him, in reality, to destroy Poland. We were, in fact, on the threshold of that system of Pitt's, by which Britain engaged to do battle all over Europe with money as well as with men. But remonstrance was in vain. Fox, Grey, and Sheridan, and their party in the Commons, the Marquis of Lansdowne, the Duke of Bedford, and the Whigs in the Peers, made amendment after amendment on these points, but were overwhelmed by Pitt's majorities. Burke, in the Commons, was frantic in advocacy of war, because France was revolutionary and impious.
FORE:The consequences were an intense excitement in favour of Wilkes, and execration against the Commons. Wilkes was reported to be delirious, and crowds collected in the streets before his house, calling for vengeance on his murderers. Sandwich was especially denounced; in return for his dragging forth the obscenity of Wilkes, his own private life was ransacked for scandalous anecdotes, and they were only too plentiful. Horace Walpole says that Sandwich's conduct to Wilkes had brought forth such a catalogue of his[182] own impurities as was incredible. The "Beggar's Opera" being just then acted at Covent Garden, when Macheath uttered the words, "That Jemmy Twitcher should peach, I own surprises me!" the whole audience burst into most tumultuous applause at the obvious application; and thenceforth Jemmy Twitcher was the name by which Sandwich was more commonly known.

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[See larger version]He next attacked and took Montereau from the Allies, but at a terrible cost of life. Finding then that the Austrians and Prussians were once more contemplating a junction, he sent an answer to the letter of the Allied sovereigns, but it was addressed only to the Emperor of Austria, and its tenor was to persuade the Emperor to make a separate peace. "Only gain the Austrians," he had said to Caulaincourt, on sending him to Chatillon, "and the mischief is at an end." The Emperor sent Prince Wenceslaus of Liechtenstein to Napoleon's headquarters, and it was agreed that a conference should be held at Lusigny, between him and Count Flahault, on the 24th of February. But Buonaparte did not cease for a moment his offensive movements. On the night of the 23rd he bombarded Troyes, and entered the place the next day. The Congress at Chatillon still continued to sit, Caulaincourt amusing the sovereigns and the ambassador of Great Britain, Lord Aberdeen, with one discussion after another, but having secret instructions from Buonaparte to sign nothing. At length he wrote to him, on the 17th of February, saying, "that when he gave him his carte-blanche it was for the purpose of saving Paris, but that Paris was now saved, and he revoked the powers which he had given him." The Allies, however, continued till the 15th of March their offer of leaving France its ancient limits, and then, the time being expired, they broke up the conference. It is said that as Caulaincourt left Chatillon he met the secretary of Buonaparte bringing fresh powers for treating, but it was now too late. On the 1st of March the Allies had signed a treaty at the town of Chaumont, pledging themselves to combined action against Napoleon, should he still prove to be obstinate.[See larger version]Home we have none!
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