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The employment of children in factories also occupied the attention of Parliament at this time. A Bill had been framed in 1833 with the most benevolent intentions for the protection of factory children. The law excluded from factory labour all children under nine years of age, except in silk factories, and prohibited those under thirteen from working more than thirteen hours any one day; the maximum in silk mills alone being ten hours. The provisions of the law were, however, evaded by fraud. Children were represented as being much older than they really were, and abuses prevailed that induced Lord Ashley to bring in a Bill upon the subject. Accordingly, on the 22nd of June the noble lord moved, by way of amendment to the order of the day, the second reading of his Bill for the Better Regulation of Factories. The order of the day was carried by a majority of 119 to 111. The Bill was therefore lost by a majority of eight. On the 20th of July Lord Ashley again brought the whole matter under the consideration of the House in a speech full of painful details, and concluded by moving a resolution to the effect that the House deeply regretted that the imperfect and ineffective law for the regulation of labour in factories had been suffered to continue so long without any amendment. He was answered by the usual arguments of the Manchester school about the evils of interfering with free contract. Lord John Russell argued that, in the present condition of the manufacturing world, we could not, with restricted hours of labour, compete with other nations. A ten hours' Bill would drive the manufacturers abroad; and it would no longer be a question as to an hour or two more or less work to be performed by the children, but as to how their starvation was to be averted. On a division, the motion was lost by a majority of 121 to 106. On[455] the 16th of August the Queen proceeded to Westminster for the purpose of proroguing Parliament.

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ARREST OF O'CONNELL. (See p. 327.)On the 26th the Houses adjourned for a month, for the Christmas recess, and during this time the treaties with France and Spain made rapid progress. The fact of America being now withdrawn from the quarrel, coupled with the signs of returning vigour in EnglandRodney's great victory and the astonishing defence of Gibraltaracted as a wonderful stimulant to pacification. Spain still clung fondly to the hope of receiving back Gibraltar, and this hope was for some time encouraged by the apparent readiness of Lord Shelburne to comply with the desire, as Chatham and Lord Stanhope had done before. But no sooner was this question mooted in the House of Commons than the public voice denounced it so energetically, that it was at once abandoned. On the 20th of January, 1783, Mr. Fitzherbert signed, at Versailles, the preliminaries of peace with the Comte de Vergennes, on the part of France, and with D'Aranda, on the part of Spain. By the treaty with France, the right of fishing off the coast of Newfoundland and in the Gulf of St. Lawrence was restored, as granted by the Treaty of Utrecht; but the limits were more accurately defined. The islands of St. Pierre and Miquelon, on the coast of Newfoundland, were ceded for drying of fish. In the West Indies, England ceded Tobago, which France had taken, and restored St. Lucia, but received back again Grenada, St. Vincent, Dominica, St. Kitt's, Nevis, and Montserrat. In Africa, England gave up the river Senegal and the island of Goree, but retained Fort St. James and the river Gambia. In India, the French were allowed to recover Pondicherry and Chandernagore, with the right to fortify the latter, and to carry on their usual commerce. They regained also Mah and the factory of Surat, with their former privileges. The articles in the Treaty of Utrecht, regarding the demolition of the fortifications of Dunkirk, were abrogated. Spain was allowed to retain Minorca and both the Floridas, but she agreed to restore Providence and the Bahamas. The latter, however, had already been retaken by us. She granted to England the right of cutting logwood in Honduras, but without the privilege of erecting forts or stock-houses, which rendered the concession worthless, for it had always been found that without these it was impossible to carry on the trade. With the Dutch a truce was made on the basis of mutual restoration, except as concerned the town of Negapatam, which Holland ceded. The preliminaries, however, were not settled till nearly eight months afterwards.
ONE:Before Buonaparte, therefore, could proceed to Spain, he determined to meet the Czar at Erfurth, in Germany, by their open union to overawe that country, and to bind Alexander more firmly to his interest by granting him ampler consent to his designs on Turkey and on Finland. The meeting took place on the 27th of September, and terminated on the 17th of October. Both Emperors returned in appearance more friendly and united than ever, but each in secret distrusting his ally. Buonaparte, who was now intending in earnest to divorce Josephine, and marry a daughter of a royal house, by whom he might have issue, and thus league himself with the old dynasties, made a proposal for one of the Russian archduchesses, which was evaded by Alexander, on the plea of the difference of religion. Such a plea did not deceive the keen sagacity of Buonaparte; he felt it to result from a contempt of his plebeian origin, and a belief in the instability of his giddy elevation; and he did not forget it. To impress on Europe, however, the idea of the intimate union of the Czar and Buonaparte, they addressed, before leaving Erfurth, a joint letter to the King of Great Britain, proposing a general peace. To this letter Canning answered to the Ministers of Russia and France, that Swedenagainst whom the Czar had commenced his war of usurpationSpain, Portugal, and Sicily, must be included in any negotiations. The French and Russian Ministers, on the contrary, proposed a peace on the principle of every one retaining what they had got. This, Canning replied, would never be consented to; and the two emperors knew that very well, but the letter had served Buonaparte's purpose. It enabled him to tell France and the world how much he was disposed to peace, and how obstinate was Britain; it served to make the world believe in the close intimacy of the Czar and himself. He now hurried back to France, and, opening the session of the Corps Lgislatif, on the 25th of October, he announced that he was going to Spain to drive the "English leopards"for such he always absurdly persisted in calling the lions in the royal arms of Great Britainout of both Spain and Portugal. On the 27th he set out.

THREE:The court then adjourned to the 15th of April. The case of the Begums was opened by Mr. Adams, and concluded the next day by Mr. Pelham. Then sixteen days were occupied by the evidence, and at length, on the 3rd of June, Sheridan began to sum up the evidence, and, in a speech which lasted three days, he kept the court in the highest state of excitement. The place was crowded to suffocation during the whole time, and as much as fifty guineas is said to have been paid for a single seat. Greatly as this speech of Sheridan's was admired, it was felt to be too ornate and dramatic: there was not the deep and genuine feeling of Burke in it, and the effect was so evidently studied, that, on concluding, Sheridan fell back into the arms of Burke, as if overcome by his own sensations. The prorogation of Parliament was now at hand, and only two out of the twenty charges had been gone through: neither of them had yet been replied to, and yet other causes of engrossing interest arising, the trial was entirely suspended till the 20th of April of the following year! Then it was taken up languidly and at uncertain intervals, and rapidly became a mere exhibition of rhetoric. Further, Burke's unlawyer-like style and intemperance of language drew upon him the censure of the Lord Chancellor, and even of the House of Commons. A revulsion of public feeling took place, and was seen in the acquittal of Stockdale who was tried for libelling the promoters of the trial. Three years afterwards Burke himself renounced sixteen of his charges, and all popular interest in the trial gradually disappeared.
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3 | 14 Nov.

FORE:This Bill made it obvious that a great light had broken on the British Government from the American Revolution; it was discovered that the best way to govern and retain our colonies was to allow them to govern themselves. This knowledge was worth all the loss and annoyance of the American Revolution. Fox expressed his approbation of the principle, and all appeared favourable to the passing of the measure. It was allowed to proceed without opposition through its first and second reading, and through the committee; but when it was reported, then came a scene of violent contention, arising not so much from the Bill itself as from the state of parties, and the making a peg of this question on which to hang the conflicting opinions of different members on a very different questionthat of the French Revolution. Not only had Fox and Burke and Sheridan broken up their old friendship on this question, Sheridan being as enthusiastic about the Revolution as Fox, but it had split up the whole Whig party. Burke had published his eloquent "Reflections on the French Revolution," and subsequently, in February of this year, a "Letter to a Member of the National Assembly," in which he had repeated and extended his opinions upon it. The Duke of Portland and Mr. Windham took Burke's view of the nature of the French principles. However, it was not merely in Parliament, but also throughout the country that opinions were divided on the subject. Societies were formed to recommend the introduction of French Revolutionary principles into Great Britain, and many eminent men, especially among the Dissenters, took the lead in them, as we shall presently see. The tendency to despotic government in Britain, and a spreading conviction that Parliament was not truly elected by the people, rendered large numbers favourable to these views. In Parliament, however, the great shock of battle took place between the so long united friends and fellow-labourers in reform, Fox and Burke, and because the Canada Bill affected a French people,[379] it was thought a proper occasion by these statesmen to indulge in a lengthy and violent discussion of their clashing views, in which the proper question before Parliament, the Quebec Bill, was soon lost sight of.

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1 | 13 Oct.

TWO:The opposition, however, was powerful. When Mr. Goulburn brought forward his resolution by which sugar certified to be the growth of China, Manila, Java, or other countries where no slave labour was employed, should be admitted at a duty of 34s., the colonial duty being 24s., the danger of the position of the Ministers was soon perceived. Lord John Russell proposed an amendment in favour of admitting all foreign sugars at 34s., a proposal which, though calculated to maintain the price of sugar at a higher point than the Government proposition, was less distasteful to the Free Traders, as abolishing the differential principle. This amendment was rejected by a majority of only 69. On the 14th of June the Government Bill came on for a third reading, and[513] the contest then began in earnest. Mr. Miles, the representative of the West India party, moved an amendment proposing a reduction of the duty on colonial sugar to 20s., instead of 24s., and the raising of the duties on foreign to 30s. and 34s. The Free Trade party were not entrapped by this offer of a reduction of 4s. on colonial sugar. They saw that Mr. Miles's amendment would only establish a differential duty of 14s. instead of 10s., the difference going to the West India planters. They now, moreover, at least hoped more from Sir Robert Peel than from any Minister likely to succeed him. Mr. Cobden and the League party therefore supported the Government; but so powerful was the combination against them that the division, which took place on the 14th of June, left Ministers in a minority of 20.[See larger version]
THREE:Stanhope appears to have done his best to break Townshend's fall. He represented to the king the high character of that minister, his real services, and the injustice and impolicy of disgracing him; that he might remove him to another office, and thus answer every purpose. He could take the chief direction of affairs out of his hands, even while appearing to promote him. He therefore advised that Townshend should, without a word of dismissal or disapprobation, be offered the Lord-Lieutenancy of Ireland, instead of the Secretaryship of State, and to this the king consented. Accordingly Stanhope was directed to write to Townshend, and also to Secretary Methuen, and he did so on the 14th of December, conveying in most courteous terms the king's desire that he should accept the Lord-Lieutenancy, and this without a syllable of discontent on the part of his Majesty. Townshend at first refused, but on the arrival of George in London he received Townshend very cordially, and so softened him as to induce him to accept the Lord-Lieutenancy, and to do the very thing he had declared it was not[36] common honesty to doaccept the post and still remain in London, acting with the rest of the Cabinet. His political adherents, including Methuen, Pulteney, the Walpoles, Lord Orford, and the Duke of Devonshire, were contented to remain in office. The only change was that Methuen was made one of the two Secretaries along with Stanhope. It was thus imagined that the great schism in the Whig party was closed; but this was far from being the case: the healing was only on the surface. It was during this brief reconciliation that the great Triple Alliance between England, France, and Holland, was concluded.
FORE:Again, on the 22nd of March, Burke made another earnest effort to induce the infatuated Ministers and their adherents in Parliament to listen to reason. In one of the finest speeches that he ever made, he introduced a series of thirteen resolutions, which went to abolish the obnoxious Acts of Parliament, and admit the principle of the colonial Assemblies exercising the power of taxation. In the course of his speech he drew a striking picture of the rapid growth and the inevitable future importance of these colonies. He reminded the House that the people of New England and other colonies had quitted Great Britain because they would not submit to arbitrary measures; that in America they had cultivated this extreme independence of character, both in their religion and their daily life; that almost[216] every man there studied law, and that nearly as many copies of Blackstone's "Commentaries" had been sold there as in England; that they were the Protestants of Protestants, the Dissenters of Dissenters; that the Church of England there was a mere sect; that the foreigners who had settled there, disgusted with tyranny at home, had adopted the extremest principles of liberty flourishing there; that all men there were accustomed to discuss the principles of law and government, and that almost every man sent to the Congress was a lawyer; that the very existence of slavery in the southern States made white inhabitants hate slavery the more in their own persons. "You cannot," he said, "content such men at such a distanceNature fights against you. Who are you that you should fret, rage, and bite the chains of Nature? Nothing worse happens to you than does to all nations who have extensive empires. In all such extended empires authority grows feeble at the extremities. The Turk and the Spaniard find it so, and are compelled to comply with this condition of Nature, and derive vigour in the centre from the relaxation of authority on the borders." His resolutions were negatived by large majorities.

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FORE:Napoleon now called up his auxiliary forces from Saxony, Würtemberg, Bavaria, and from all the Confederation of the Rhine, as well as new battalions from France, and advanced against the Russians. In the first place, the French, who had completed the subjugation of the Prussian states east of the Oder, pushed forward towards Poland, to attack the Russian general, Benningsen, who advanced to Warsaw, and occupied it in conjunction with the Prussians. Benningsen, however, finding the Prussians few and dispirited, fell back beyond the Vistula, and Murat, at the head of the French vanguard, entered Warsaw on the 28th of November. He was soon after joined there by Buonaparte, and Warsaw being put into a state of defence, the French army advanced to the Vistula and the Bug, in spite of the lateness of the season. Benningsen again retreated behind the Wkra, where he united his forces with those of Generals Buxhowden and Kaminskoi. Kaminskoi took the supreme command. When Napoleon arrived at the Wkra on the 23rd of December, he formed his army into three divisions, and forced the passages of the river. Kaminskoi fell back behind the Niemen, and the French pursued him, committing some injury on him. This trifling advantage Napoleon converted, in his bulletins to Paris, into the rout and general defeat of the Russians. It was true that the Russians were destitute of stores, having applied to Britain for money, and obtained only eighty thousand pounds. They fought, therefore, under great disadvantages, against an army furnished with everything. Notwithstanding, Benningsen, who was by far the most vigorous of their generalsfor Kaminskoi was fast falling into lunacyposted himself strongly behind Pultusk, his right led by Barclay de Tolly, and his left by Ostermann. Kaminskoi ordered Benningsen to retreat, but he refused, and stood his ground. At first Tolly was driven back by Lannes and Davoust, but Benningsen converted this disadvantage into a ruse, ordering Tolly to continue his retreat, till the French were drawn on, so that he could bring down his left wing on them. This he did with such effect that he killed and wounded nearly eight thousand of them, having, however, himself five thousand killed and wounded. Lannes and five other generals were amongst the wounded. The French seized the opportunity of darkness to retreat with such speed, that the next morning not a trace of them could be seen near Pultusk. Prince Galitzin fought another division of the French the same day at Golynim, and with the same success. Had Benningsen had the chief command, and brought down the whole united Russian army on Napoleon, the victory must have been most decisive; as it was, it taught the French that they had different troops to Prussians or Austrians to contend with. They drew off, and went into winter quarters at Warsaw and the towns to the eastward. The chief command of the Russian army was now conferred on Benningsen, and so far from Buonaparte having, as he boasted, brought the war to a close with the year, we shall find Benningsen, at the head of ninety thousand men, soon forcing him into a winter campaign.The spirit of gambling thus set going by Government itself soon surpassed all bounds, and burst forth in a thousand shapes. It was well known that the king, his mistresses, his courtiers, his son and heir apparent, were all dabbling busily in the muddy waters of this huge pool of trickery and corruption. A thousand other schemes were invented and made public to draw in fresh gudgeons, and the Prince of Wales allowed his name to stand as governor of a Welsh Copper Company. All ranks and classes rushed to Change Alleydukes, lords, country squires, bishops, clergy (both Established and Dissenting), were mixed up with stockjobbers and brokers in eager traffic. Ladies of all ranks mingled in the throng, struggling through the press and straining their voices to be heard amid the hubbub. There and all over the kingdom were advertised and hawked about the following and other schemes:Wrecks to be fished for on the Irish coast; plans for making of oil from sunflower seeds; for extracting of silver from lead; for the transmuting of quicksilver into a malleable and fine metal; for importing a number of large jackasses from Spain; for a wheel for perpetual motion; and, finally, for an undertaking which shall in due time be revealed!

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FORE:All these causes of unpopularity were rendered more effective by the powerful political party which now assailed him. Pitt led the way, and the Dukes of Devonshire, Bolton, and Portland, the Marquis of Rockingham, the Earls of Temple, Cornwallis, Albemarle, Ashburton, Hardwicke, and Bessborough, Lords Spencer, Sondes, Grantham, and Villiers, James Grenville, Sir George Savile, and other Whigs, presented a formidable phalanx of opponents in both Houses. The measures, too, which he was obliged to bring forward, were certain to augment his discredit. The funded debt had grown to upwards of a hundred millions, and there were three millions and a half besides unfunded. It was necessary to raise a new loan, and, moreover, to raise a new tax, for the income was unequal to the expenditure, even in time of peace. The Chancellor of the Exchequer, Dashwood, was not a man likely to make these new burdens go down easily. He issued the new loan to the public with so little advertisement, that the friends of the Ministers secured the greater part of the shares, and they soon rose to eleven per cent. premium, by which they were enabled, at the public cost, to make heavy sums. The tax which Sir Francis proposed was one on cider and perry, besides some additional duties on wines. There was at once an outcry in the City against this tax, led on by the Lord Mayor, Alderman Beckford, a great friend of Pitt. The cry was only too sure to find a loud echo from the cider-growing districts. Bute and his Chancellor were quickly compelled to reduce the proposed impost from ten shillings a hogshead, to be paid by the buyer, that is, by the merchant, to four shillings, to be paid by the grower. The tax thus cut down was calculated to produce only seventy-five thousand poundsa sum for which it was scarcely worth while to incur so much odium.On the 10th of April, when Mr. Canning kissed hands as First Lord of the Treasury and Chancellor of the Exchequer, he found himself deserted by the Duke of Wellington, Lord Eldon, Mr. Peel, Lords Bathurst, Melville, and Westmoreland. The members of the Cabinet who finally adhered to him were Lord Harrowby, Mr. Huskisson, Mr. Wynne, and Mr. Robinson, afterwards Lord Goderich, who had become Secretary of the Colonial Department, with the lead of the Government in the House of Lords. Having received the resignations, and presented them to the king, Mr. Canning said:"Here, sire, is that which disables me from executing the orders I have received from you respecting the formation of a new Administration. It is now open to your Majesty to adopt a new course; for no step has yet been taken in the execution of those orders that is irrecoverable." He added, that if he was to go on, his writ must be moved for that day, which was the last before the Easter recess. The king at once gave him his hand to kiss, and confirmed the appointment. Two hours afterwards the House was ringing with acclamations while Mr. Wynne was moving that a new writ be issued for the borough of Newport in consequence of the Right Honourable George Canning having accepted the office of First Lord of the Treasury. This was a result which Lord Eldon did not anticipate. He evidently expected that Canning would be foiled in his attempt to form a Ministry. He wrote, "Who could have thought it? I guess that I, Wellington, Peel, Bathurst, Westmoreland, and C. will be out." Again he says, "The whole conversation in town is made up of abusive, bitterly abusive, talk of people about each otherall fire and flame. I have known nothing like it." Elsewhere he remarks, "I think political enmity runs higher and waxes warmer than I ever knew it."

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THREE:The silk trade received a great impulse by the erection of a silk-mill at Derby, in 1719, by John Lombe and his brothers. Lombe had smuggled himself into a silk-mill in Italy, as a destitute workman, and had then copied all the machinery. To prevent the operation of this new silk factory in Englandwhich was worked by a water-wheel on the river Derwent, had 97,746 wheels, movements, and individual parts, and employed three hundred personsthe King of Sardinia prohibited the exportation of the raw material, and thus, for a time, checked the progress of the manufacture. Parliament voted Sir Thomas Lombe[167] 14,000 as a compensation for loss of profits thus occasioned, on condition that the patent, which he had obtained for fourteen years, should expire, and the right to use the machinery should be thrown open to the public. By the middle of this period our silk manufactures were declared superior to those of Italy, and the tradesmen of Naples recommended their silk stockings as English ones. In 1755 great improvements were introduced by Mr. Jedediah Strutt in the stocking-loom of Lee.
THREE:Mr. Peel urged that it is dangerous to touch time-honoured institutions in an ancient monarchy like this, if the Dissenters did not feel the tests as a grievance; if they did, it would be a very strong argument for a change. "But," he asked, "are the grievances now brought forward in Parliament really felt as such by the Dissenters out of doors? So far from it, there were only six petitions presented on the subject from 1816 to 1827. The petitions of last year were evidently got up for a political purpose." He quoted from a speech of Mr. Canning's, delivered, in 1825, on the Catholic Relief Bill, in which he said, "This Bill does not tend to equalise all the religions in the State, but to equalise all the Dissenting sects of England. I am, and this Bill is, for a predominant church, and I would not, even in appearance, meddle with the laws which secure that predominance to the Church of England. What is the state of the Protestant Dissenters? It is that they labour under no practical grievances on account of this difference with the Established Church; that they sit with us in this House, and share our counsels; that they are admissible into the highest offices of State, and often hold them. Such is the operation of the Test and Corporation Acts, as mitigated by the Annual Indemnity Act; this much, and no more, I contend, the Catholics should enjoy." With regard to Scotland Mr. Peel appealed to the facts that from that country there was not one solitary petition; that there was not any military or naval office or command from which Scotsmen were shut out; that, so far from being excluded from the higher offices of Government, out of the fourteen members who composed the Cabinet, threeLord Aberdeen, Lord Melville, and Mr. Grantwere Scotsmen and good Presbyterians. Even in England the shutting out, he said, was merely nominal. A Protestant Dissenter had been Lord Mayor of London the year before. The Acts had practically gone into desuetude, and the existing law gave merely a nominal preponderance to the Established Church, which it was admitted on all hands it should possess.But though we punished the Dutch for their French predilections, the tide of French success was rolling on in various quarters, and presenting a prospect of a single-handed conflict with France. The powers on whose behalf we had armed were fast, one after another, making terms with the Republicans. Holland was in their hands, and the King of Prussia, on the 5th of April, concluded a peace with them at Basle, in which he agreed to surrender to France all his possessions on the left bank of the Rhine, on condition of retaining those on the right. There was a mutual exchange of prisoners, including the troops of such other German States as had served with Prussia. Spain hastened to follow the example of Prussia. A peace was concluded at the same placeBasleon the 22nd of July, by which she gave up all the Spanish part of San Domingo. To purchase the French evacuation, the Ministers of Spain itself recognised the Batavian Republicwhich was become, in reality, a province of Franceand promised to intercede with Portugal, Naples, Parma, and Sardinia. The Grand Duke of Tuscany followed with a proclamation of a treaty of neutrality with France, on the 1st of March. Sweden and the Protestant Cantons recognised the French Republic and the Batavian one, its ally; and the Duke of Hesse-Cassel, and even George III., as Elector of Hanover, were compelled to an agreement to furnish no more troops to the Emperor of Germany. Whilst the Allies were thus falling away in rapid succession before the forces of[444] Republican France, Britain, instead of taking warning, and resolving to mind only her own business, went madly into fresh treaties with Continental Powers. Russia and Austria were received into fresh treaties of mutual defence. Russia we were to assist with ships, and Austria with twenty thousand foot and six thousand horse, or to pay each month ten thousand florins for every thousand infantry, and thirty thousand florins for every thousand of cavalry. To complete the circle of treaties, Sir Gilbert Elliot, British Governor of Corsica, entered into a treaty with the Dey of Algiers, by which, on payment of a hundred and seventy-nine thousand piastres, he was to restore all the Corsicans captured and enslaved by him, and was to enjoy the strange privilege of carrying all his piratical prizes into the ports of Corsica, and to sell them therewhich was, in fact, licensing this chief of sea-robbers to plunder all the other Italian States.

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THREE:[See larger version]Mr. Robert Johnson, made judge of Common Pleas 3,300

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THREE:Of course, the commercial changes introduced by Mr. Huskisson and Mr. Robinson excited loud murmurs of dissatisfaction from the interests affected, especially the shipping interest. But the best answer to objectors was the continuously flourishing state of the country. At the opening of the Session in 1825, Lord Dudley and Ward, in moving the Address in answer to the King's Speech in the Upper House, observed:"Our present prosperity is a prosperity extending to all orders, all professions, and all districts, enhanced and invigorated by the flourishing state of all those arts which minister to human comfort, and those inventions by which man obtains a mastery over nature by the application of her own powers, and which, if one had ventured to foretell a few years ago, it would have appeared almost incredible." This happy state of things was the result of a legitimate expansion of trade. Manufacturers and merchants were at first guided by a spirit of sober calculation. The steady advance in the public securities, and in the value of property of all sorts, showed that the national wealth rested upon a solid basis. The extension of the currency kept pace with the development of trade and commerce, and the circulation of bankers' paper was enormously increased. But out of the national prosperity there arose a spirit of rash speculation and adventure, resulting in a monetary crisis. The issue of notes by country banks was under no restriction; no measures were taken to secure that their paper represented property, and could be redeemed if necessary. There were hundreds of bankers in the provinces who could issue any quantity of notes they pleased, and these passed as cash from hand to hand. The spirit of speculation and enterprise was stimulated to a feverish degree of excitement by the recognition of the states of Colombia, Mexico, and Buenos Ayres, formally announced in the King's Speech on the 3rd of February, which said that treaties of commerce had been made with those new states. The rich districts of South America being thus thrown open, there was a rush of capitalists and adventurers to work its inexhaustible mines. A number of companies was formed for the purpose, and the gains of some of them in a few months amounted to fifteen hundred per cent. The result was a mania of speculation, which seized upon all classes, pervaded all ranks, and threw the most sober and quiet members of society into a state of tumultuous excitement. Joint-stock companies almost innumerable were established, to accomplish all sorts of undertakings. There were thirty-three companies for making canals and docks, forty-eight for making railroads, forty-two for gas, twenty insurance companies, twenty-three banking companies, twelve navigation packet companies, five indigo and sugar companies, thirty-four metal companies, and many others. The amount of capital subscribed in these various companies, which numbered two hundred and seventy-six, was upwards of 174,000,000. In connection with South America there was the Anglo-Mexican Company, the Brazilian, the Colombian, Real de Monte, and the United Mexican. On the South American shares only ten pounds each had been paid, except the Real de Monte, on which 70 had been paid. We may judge of the extent to which gambling speculation was carried from the following statement of the market prices of the shares, in five of the principal mining companies[243], at two periods, December 10th, 1824, and January 11th, 1825:
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TWO:Before entering Washington, General Ross sent in a flag of truceor, rather, he carried one himself, for he accompanied itto see that all was done that could be done to arrange terms, without further mischief or bloodshed. He demanded that all military stores should be delivered up, and that the other public property should be ransomed at a certain sum. But scarcely had they entered the place, with the flag of truce displayed, whenwith total disregard of all such customs established by civilised nations in warthe party was fired upon, and the horse of General Ross killed under him. There was nothing for it but to order the troops forward. The city was taken possession of, under strict orders to respect private property, and to destroy only that of the State. Under these orders, the Capitol, the President's house, the Senate-house, the House of Representatives, the Treasury, the War-office, the arsenal, the dockyard, and the ropewalk were given to the flames; the bridge over the Potomac, and some other public works, were blown up; a frigate on the stocks and some smaller craft were burnt. All was done that could be done by General Ross, and the officers under him, to protect private property; but the soldiers were so incensed at the treachery by which the Americans had sought to blow up the seamen, by the firing on the flag of truce, and the unprincipled manner in which the Americans had carried on the war in Canada, as well as by the insults and gasconading of the Americans on all occasions, that they could not be restrained from committing some excesses. Yet it may be said that never was the capital of a nation so easily taken, and never did the capital of a nation which had given so much irritating provocation escape with so little scathe. The following evening it was evacuated in perfect order, and without any enemy appearing to molest the retreat. On the 30th the troops were safely re-embarked.LORD LIVERPOOL. (After the Portrait by Sir T. Lawrence, P.R.A.)

Designer
TWO:On the 31st of March Dundas introduced the Indian Budget, and soon afterwards Pitt congratulated the country on the fact that, so far from the American war having injured the trade or the power of Britain, the fact was that our shipping had increased considerably more than one-third since 1773, and we had been continually gaining strength even during the American war, and had relieved ourselves of a load of expense always incurred by the government of the States. This was an admirable argument for declaring all our colonies independent, if it meant anything; but Pitt went on seconding, and even surpassing Dundas in the prognostications of a long peace. What such ministerial speeches were worth was shown on the 5th of May, only a month and five days since the prophecy of Dundas, and not three weeks since his own prophecy, by Pitt announcing that the peace was already disturbed with Spain. It appeared that the high prices obtained by the crews of Captain Cook's ships, the Discovery and Resolution, at Canton, on his exploring voyages in the South Seas, for the ill-selected, half-worn furs brought from the north-west coast of America, had attracted the attention of adventurers under the direct protection of the East India Company. Mr. Mears, who had been a lieutenant in the royal navy, and a Mr. Tippin, were sent out in command each of a vessel. Tippin was wrecked on the coast of Kamtschatka; but Mears reached Prince William's Sound and wintered there, opening a good trade with the natives. In the spring of 1788 he discovered Nootka Sound, a fine bay on the west side of a small island on the west coast of Vancouver's Island. There he formed a settlement, making a bargain with the chief for it. He went to Canton with furs and was opening a fine trade, when the Spaniards came down on the settlement, seized four British vessels, but permitted two United States' vessels to remain unmolested. Part of the English crew were shipped in one of the American vessels to China, and the rest suffered to depart in one of their own ships after it had been plundered. The Spanish commander then settled himself in the new colony, and Spain set up a[372] general claim to all coasts and islands, and the whole Pacific as far as China.

Designer
TWO:In the south, affairs had been as ill conducted by the English commanders as in the north they had been carried on well. Governor Martin had made an effort to recover North Carolina. He had collected a number of Highlanders, recently emigrated to America, and a number of back-woodsmen, called Regulators, and sent them, under the command of Colonels Macdonald and Macleod, to compel the inhabitants to submission. They were to be supported by regular troops to be landed at Wilmington, and General Clinton was daily expected with the reinforcements from England. But Clinton did not appear, and the impatient Highlanders and Regulators, in marching from Cross Creek to Wilmington, were decoyed into a swamp, and there attacked and beaten. Macleod and most of the Highlanders were taken prisoners, and the Regulators, such as escaped, made again for the woods.

ONE:The spring of 1720 was a period of remarkable national prosperity. But "the grand money schemes projected of late," which appeared to the Jacobite Atterbury and others calculated to cement the royal peace and strengthen the foundation[46] of the Government and nation, were destined to produce a very different effect. For the South Sea Bubble was about to burst. In 1711, Harley, being at his wits' end to maintain the public credit, established a fund to provide for the National Debt, which amounted to ten millions of pounds. To defray the interest he made permanent the duties on wine, vinegar, and tobacco, etc. To induce the purchase of the Government stock, he gave to the shareholders the exclusive privilege of trading to the Spanish settlements in South America, and procured them an Act of Parliament and a royal charter, under the name of the South Sea Company. The idea, hollow and groundless as it was, seized on the imagination of the most staid and experienced traders. All the dreams of boundless gold which haunted the heads of the followers of Drake and Raleigh were revived. The mania spread through the nation, and was industriously encouraged by the partisans of Harley. But this stupendous dream of wealth was based on the promises of Ministers, who at the Peace of Utrecht were to secure from the Government of Spain this right to trade to its colonies. The right was never granted by that haughty and jealous Power, further than for the settlement of some few factories, and the sending of one small ship annually of less than five hundred tons. This, and the Assiento, or privilege of supplying those colonies with African slaves, were the sole advantages obtained, and these were soon disturbed by the war with Spain, which broke out under Alberoni. The South Sea Company, however, from its general resources, remained a flourishing corporation, and was deemed the rival of the Bank of England.

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ONE:On the 9th of October the King of Prussia issued a manifesto from his headquarters at Erfurt, calling attention to the continual aggressions of Francethose aggressions which Prussia had so long watched in profound apathy, and which, by timely union with Austria and Russia, might have been checked. But Prussia had, by her mean conduct, now stripped herself of all sympathy and all co-operation. She would have been very glad indeed of the money of Great Britain, but she had so far favoured the very aggressions of Buonaparte of which she now complained as to receive Hanover from him, and could not even now find it in her heart to surrender it, and make a powerful friend by that act of justice. The Emperor of Russia was willing to co-operate, but Prussia had made her hostile manifestations before Alexander could approach with his army. In reply to the intimations of Prussia, that she would be glad of the support of Britain, Lord Morpeth was sent to Berlin; but the language of the Prussian Ministry was still of the most selfish and impolitic character, and Lucchesini told Lord Morpeth that the fate of[526] Hanover must depend on the event of the coming war. With such a Power no union could take place, and in this isolated and pitiable condition Prussia was left to try her strength with Napoleon. As for that ambitious soldier, he desired nothing so much as this encounter with Prussia; he saw in it the only obstacle to his complete dominion over Germany, and he was confident that he should scatter her armies at the first shock.The Duke of Richmond made a feeble reply, and then Chatham rose, in the deepest indignation, to answer the Duke, but the violence of his feelings overcame him; he staggered and fell in a swoon, and would have been prostrated on the[252] floor but for the assistance of some friendly hands. He lay apparently in the agonies of death. The whole House was agitated; the Peers crowded round him in the greatest commotion; all except the Earl of Mansfield, who beheld the fall of his ancient rival almost as unmoved, says Lord Camden, "as the senseless body itself." His youngest son, John Charles Pitt, was there, and exerted himself to render all possible assistance. The insensible orator was carried in the arms of his friends to the house of Mr. Sargent, in Downing Street. By the prompt aid of a physician, he was in some degree recalled to consciousness, and within a few days was conveyed to his own dwelling at Hayes. There he lingered till the morning of May 11th, when he died in the seventieth year of his age.

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ONE:[113]

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ONE:The new Ministry consisted of Addington, son of Chatham's old physician, Dr. Addington, as First Lord of the Treasury and Chancellor of the Exchequer: the Duke of Portland, President of the Council; Lord Eldon, Chancellor; Earl St. Vincent, First Lord of the Admiralty; the Earl of Chatham, Master-General of the Ordnance; Lord Pelham, Secretary of the Home Department; Lord Hawkesbury, the eldest son of the Earl of Liverpool, Secretary for Foreign Affairs; Lord Hobart, Secretary for the Colonies. Several of Pitt's Ministers remained, but the important members, Grenville, Dundas, Woodham and Spencer retired with him. It was soon seen, however, that though Pitt was out of office his principles dominated in it, and that there was no chance of a change of system. The Cabinet was one of mediocrities, and was probably regarded by Pitt as a convenient makeshift until he could return to power.[480]

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THREE:
THREE:In Canada the management of the war was more successful. To maintain the war in that quarter, Congress had ordered nine regiments to be raised. One of these was to be raised in Canada itself, and for this purpose a commission was given to Moses Hazen, who had formerly been a captain of rangers, under Wolfe. He was not, however, very successful. The Canadians were not to any extent disaffected to the British Government, and by no means well affected to the New Englanders, who were bitterly bigoted against Catholics, which the Canadians chiefly were. When Hazen and Arnold saw that the Canadians would neither enlist nor bring provisions to their camps, without cash payment, they commenced plundering for all that they wanted, and thus confirmed that people in their hatred of the Americans. They, moreover, insulted the Canadians by ridiculing their rites of worship.[453]

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Howe's real intention had been to enter the Delaware, and proceed up it direct to Philadelphia; but, understanding that the Americans had placed enormous impediments in the river, he stood away for the mouth of the Elk, in Chesapeake Bay. He was tediously detained by the contrary winds that always prevail on that course in that season, and it was the 28th of August before he entered the Elk, and reached the Elk head, where he landed his troops. On the 2nd of September (1777) he began his march for Philadelphia. He soon came upon a body of Washington's army at Iron Hill, which he charged and drove from the hill. On the 11th he came in sight of Washington's main army, strongly posted and fortified on the forks of the Brandywine river. Here Howe's dispositions were excellent. He sent forward, under General Knyphausen, the second division, which advanced to a ford called Chad's Ford, and drove a detachment of Americans across it. Howe then advanced, and, planting his cannon along the bank of the river, he engaged the Americans in a brisk cannonade across the stream. Meanwhile, Lord Cornwallis was silently marching in the rear of Howe's troops, round to another ford at the forks of the Brandywine, which he crossed, and took Washington's army in the rear. On firing his signal gun, the Americans were thrown into consternation, and at the same moment Knyphausen dashed across Chad's Ford, and drove the surprised Americans from their batteries and entrenchments at the point of the bayonet. The batteries were instantly turned against them, and Cornwallis, who had been checked by a division under Sullivan, coming up, there was a general rout. The Americans fled in utter confusion, having lost three hundred killed, six hundred wounded, and four hundred taken prisoners. The English had one hundred killed and four hundred wounded.[See larger version]"But perhaps it might be possible to get a Bill passed to disfranchise the Irish forty-shilling freeholdersa class of voters who, as they had been created for acknowledged purposes of corruption in the Irish Parliament, would have nobody to stand up for them in high places, now that they refused to play their patrons' game. This was quite as improbable an issue as the other. The disfranchisement of forty-shilling freeholders had, indeed, been talked of in former years; but, if effected at all, it was to be in connection with a measure of Catholic Emancipation. To propose it now for the avowed purpose of rendering Catholic Emancipation impossible would be to insure the rejection of the Bill. That plan, therefore, fell at once to the ground; and there remained but two others.
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