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TWO:On the 6th of May, 1836, the Chancellor of the Exchequer brought forward the Budget, which placed in a strong light the long standing anomaly of distress among the agricultural classes, contrasting with general prosperity in the commercial classes. He was enabled to exhibit a more favourable state of the finances than he had anticipated in his estimate the previous year. The total income of the nation was ��46,980,000, its total expenditure ��45,205,807, which would give a surplus of ��1,774,193. Of this surplus all but ��662,000 would be absorbed by the interest on the West Indian Loan, which had now become a permanent charge. There was an addition of 5,000 seamen to the navy, for which the sum of ��434,000 was required. This addition seemed to be quite necessary from the feeble condition of the navy as compared with the navies of other nations. On the 4th of March Mr. Charles Wood had stated that the French would have twelve sail of the line at sea during summer; that in 1834 the Russians had five sail of the line cruising in the Black Sea, and eighteen besides frigates in the Baltic. During this period there never were in the English Channel ports more than two frigates and a sloop, with crews perhaps amounting to 1,000 men, disposable for sea at any one time, and that only for a day or two. Moreover all the line-of-battle ships Great Britain had afloat in every part of the world did not exceed ten. The land forces voted for the year were 81,319 men, not counting the Indian army. Of these one-half were required in the colonies. France had 360,000 regular soldiers, and three times that number of National Guards. With the surplus at his disposal the Chancellor of the Exchequer proposed to reduce the duty on first-class paper from fivepence to threepence-halfpenny��a suitable accompaniment to the reduction of the stamp on newspapers, already noticed��and to abolish the duty on stained paper; to remit the South Sea duties, amounting to ��10,000; to reduce the duties on insurances of farming-stock, on taxed carts, and on newspapers. He estimated the total amount of repeals for the present year at ��351,000, which would be increased to ��520,000 when they all came into operation. This was the best of Mr. Spring-Rice's indifferent Budgets.Hastings then mustered fresh regiments of sepoys; demanded and received three battalions from Cheyte Sing, the Rajah of Benares; armed cruisers; laid up stores of ammunition and provisions for three months in Fort William; enrolled a thousand European militia at Calcutta, and stood ready for any French invasion from sea. He then despatched Colonel Leslie with a strong force into the very heart of the Mahratta country. Leslie appeared to have lost his energy, made four months' delay in the plains of Bundelcund, and the next news was that he was dead. Colonel Goddard was sent to take his command, and advanced into Berar; but there hearing that successive revolutions were taking place at Poonah, he waited the result of them. Meanwhile, the presidency of Bombay, desirous of anticipating the expeditions from Calcutta, now undertook to reinstate Ragunath Rao, a deposed peishwa, whom they had lately left to his fate, and taking him along with him, the British commander, Colonel Egerton, marched into the Mahratta country with four thousand men. The army, when it had reached within sixteen miles of Poonah, was surrounded by hosts of Mahratta cavalry, and was compelled to surrender. The Mahrattas, as conditions��which the British were in no position to decline��insisted on the restoration of all the territory won from them by the British since 1756, and the surrender to them of Ragunath Rao. But Hastings refused to recognise this treaty. He ordered Colonel Goddard to advance. The title of general was conferred on him, and he well justified the promotion. In that and the succeeding campaign he won victory on victory; stormed Ahmedabad; took the city of Bassein; gained a splendid victory over forty thousand of the combined forces of Holkar and Scindia, and, in a great measure, retrieved all the losses, and restored the fame of the British arms. In another quarter the success against the Mahrattas was equally decisive. Captain Popham with a small body of troops stormed and took the city of Lahore, and the huge fortress of[330] Gwalior, which the Mahrattas deemed impregnable.

TWO:

TWO:The army of Lord Cornwallis, which had so triumphantly pursued Washington through the Jerseys, supposing the Americans now put beyond all possibility of action, if not wholly dispersed, lay carelessly in their cantonments on the left bank of the Delaware. The two main outposts, Trenton and Bordentown, were entrusted to bodies of Hessians. At Trenton lay Colonel Rahl, and at Bordentown Count Donop. As the Christmas of 1776 was approaching, they had abandoned all discipline. The British officers, too, had mostly quitted their regiments, and had gone to enjoy the Christmas at New York, where General Howe was keeping up great hospitality, imagining the war to be fast drawing to a close. But if the English paid no attention to Washington, he was paying every attention to them. His plans arranged, he set out on the evening of Christmas day, 1776, and crossed the river at Mackonkey's Ferry, nine miles above Trenton, to attack that fort. The river was so encumbered with ice that he found it a most arduous undertaking, but he accomplished it with the division immediately under his command��two thousand four hundred in number. He continued his march through the night on Trenton, and reached it at about eight o'clock in the morning. A trusted spy had informed him over night, that he had seen the soldiers, both British and Hessians, asleep, steeped in drink. When he arrived, the soldiers still lay sunk in their Christmas debauch; and it was only by the first crash of the cannon that they were roused. When they ran to arms Washington had already invested the town. The brave Colonel Rahl, in his endeavour to form his drunken troops, and lead them on, was mortally wounded by an American rifle, almost at the first discharge. The light horse and a portion of the infantry, who fled on the first alarm, escaped to Bordentown. The main body attempted to retreat by the Princeton Road, but found it already occupied by Colonel Hand and his regiment of Pennsylvanian riflemen. Thus cut off, ignorant of the force opposed to them, and without enthusiasm for the cause, they threw down their arms and surrendered. About a thousand prisoners and six cannon were taken. The Americans had two killed, two frozen to death, and a few wounded. As soon as Washington had refreshed his men, he re-crossed the Delaware, carrying with him his prisoners, the stores he had taken, and the six field-pieces that he brought with him.Groaned to be gone.