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FORE:On the 21st of March a Committee which had been appointed early in the Session to inquire into the public income and expenditure, and to suggest what might in future be calculated on as the clear revenue, presented its report through Mr. Grenville, their chairman. On the 29th, Pitt, in a Committee of the whole House, entered upon the subject, and detailed the particulars of a plan to diminish progressively and steadily the further debt. It appeared from the report of the select Committee that there was, at present, a clear surplus revenue of nine hundred thousand pounds sterling, and that this surplus could, without any great additional burthen to the public, be made a million per annum. This he declared to be an unexpected state of financial vigour after so long and unfortunate a war. The plan which he proposed was to pay two hundred and fifty thousand pounds quarterly into the hands of Commissioners appointed for the purpose to purchase stock to that amount, which was under par, or to pay stock above par, and thus cancel so much debt. In addition to this, the annuities for lives, or for limited terms, would gradually cancel another portion. All dividends arising from such purchases were to be similarly applied. Pitt calculated that by this process, and by the compound interest on the savings to the revenue by it, in twenty-eight years no less than four millions sterling per annum of surplus revenue would be similarly applied, or employed for the exigencies of the State. By this halcyon process he contemplated the eventual extinction of that enormous debt, to pay the mere interest of which every nerve had been stretched, and every resource nearly exhausted. In a delightful state of self-gratulation, Pitt declared that he was happy to say that all this was readily accomplishable; that we had nothing to fear, except one thing��the possibility of any Minister in need violating this fund. Had the original Sinking Fund, he said, been kept sacred, we should have had now very little debt. To prevent the recurrence of this fatal facility of Ministers laying their hands on this Fund, he proposed to place it in the hands of Commissioners, and he declared that "no Minister could ever have the confidence to come down to that House and desire the repeal of so beneficial a law, which tended so directly to relieve the people from their burthens." He added that he felt that he had by this measure "raised a firm column, upon which he was proud to flatter himself that his name might be inscribed." He said not a word about the name of Dr. Price being inscribed there, to whom the whole merit of the scheme belonged; he never once mentioned his name at all. On his own part, Dr. Price complained not of this, but that he had submitted three schemes to Pitt, and that he had chosen the worst.

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FORE:Completely disheartened by this result, Wolfe for a moment felt despair of his object, and in that despairing mood, on the 9th of September, he wrote to Pitt. He said that, "to the uncommon strength of the country, the enemy had added, for the defence of the river, a great number of floating batteries and boats; that the vigilance of the Indians had prevented their effecting anything by surprise; that he had had a choice of difficulties, and felt at a loss how to proceed; and he concluded with the remark, that his constitution was entirely ruined, without the consolation of having done any considerable service to the State, or without any prospect of it."

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FORE:"The Minister might ask Parliament for power to suspend the Habeas Corpus Act, and to place all Ireland under military law. To ask for less would be ridiculous; because the Act against unlawful assemblies had failed, and, on account of its helplessness, was suffered to expire. Now, would Parliament grant such extensive powers to any Government merely that the Government might be enabled to debar his Majesty's Roman Catholic subjects a little longer from enjoying equal political privileges with Protestants? The issue was very doubtful��perhaps it was not doubtful at all. Parliament would never grant such powers. But, assuming that the powers were given, what must follow?��a general insurrection, to be put down after much bloodshed and suffering, and then a return to that state of sullen discontent which would render Ireland, ten times more than she had ever been, a millstone round the neck of Great Britain, and by-and-by, when military law ceased, and the same measure of personal liberty was granted to Irishmen which the natives of England and Scotland enjoyed, a renewal of agitation, only in a more hostile spirit, and the necessity of either reverting again and again to measures of coercion, or of yielding at last what, upon every principle of humanity and common sense, ought not to have been thus far withheld. But the Minister, if the existing Parliament refused to give him the powers which he asked, might dissolve, and go to the country with a strong Protestant cry; and this cry might serve his purpose in England and Scotland. Doubtless; but what would occur in Ireland?��the return of Roman Catholic members in the proportion of four to one over Protestants, and the virtual disfranchisement thereby of four-fifths of the Irish people. Would Ireland submit quietly to any law carried against herself in a House of Commons so constituted? Was it not much more probable that a dissolution would only lead to the same results which had been shown to be inevitable in the event of the existing Parliament acquiescing in the Ministers' views? And was there not, at all events, a chance that the electors, even, of England and Scotland, might refuse to abet a policy so pregnant with danger to themselves and to the commonwealth? But why move at all? Mr. O'Connell had been elected by the priests and rabble of Clare to represent them in Parliament. Let him retain this empty honour; or, better still, let him be summoned by a call of the House to the bar, and, on his refusal to take the oaths, issue a new writ, and go to a new election. In the first place, Mr. O'Connell could not be forced to attend to a call of the House, such call being obligatory only on members chosen at a general election; and in the next, if he did attend, what then? As soon as the new writ was issued, he would take the field again as a candidate, and again be elected; and so the game would continue to be played, till a dissolution occurred, when all those consequences of which we have elsewhere spoken would inevitably come to pass."

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FORE:

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FORE:[See larger version]

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FORE:The events on land were very different. Abercrombie, like General Braddock, advanced with all the careless presumption of a second-rate general. The grand object was to reduce Fort Ticonderoga, built on a neck of land between Lakes George and Champlain. At the landing, Lord Howe, one of the best officers, was killed, but they drove back the French, and advanced on the fort, which was of great strength, defended by a garrison of four thousand men, commanded by the Marquis de Montcalm, the Commander-in-Chief of the Canadians, himself. Montcalm had raised a breastwork eight feet high, and made in front of it a barricade of felled trees with their branches outwards. Abercrombie, with a foolish confidence, advanced right upon this barricade, without waiting for the coming up of his artillery, which was detained by the badness of the roads. With a reckless disregard of the lives of his men, he commanded them to attempt to storm these defences, and after fighting with the usual courage of Englishmen for several hours, and two thousand of them being slaughtered, it was found that their efforts were useless, and they were ordered to retire. Brigadier Forbes, who had been sent against Fort Dupuesne, an attempt so disastrous to both Washington and Braddock, executed his task with the utmost promptitude and success. Forbes took possession of it on the 25th of November, and, in compliment to the great Minister under whose auspices they fought, named it Fort Pitt, since grown from a solitary fort into Pittsburg.

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