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TWO:Dr. Arbuthnot, a great friend of Pope and Swift, was also one of the ablest prose writers, "The Memoirs of Martinus Scriblerus," published in Pope's and Swift's works, and the political satire of "John Bull," a masterly performance, being attributed to him.Mr. Vansittart introduced some financial measures which effected a material saving. He proposed a plan for reducing the interest of the Navy Five per Cents. to four per cent. Holders not signifying their dissent were to have one hundred and five pounds in a New Four per Cent. stock, and persons dissenting were to be paid off in numerical order. By this scheme an annual saving to the public of one million one hundred and forty thousand pounds would be effected; besides a further saving of upwards of ninety thousand pounds of annual charge, which would be gained by similar reduction of the Irish Five per Cents. The high prices of the public funds obviated all difficulty in the execution of this financial operation, and the holders of the Five per Cent. stock found it expedient to acquiesce in the Minister's terms. The dissentients were in number only one thousand seven hundred and seventy-eight, and the stock held by them amounted to two million six hundred and fifteen thousand nine hundred and seventy-eight pounds, not a fifteenth part of the Five per Cent. capital. Another operation related to what was called "The Dead Weight Annuity." The amount of military and naval pensions and civil supernumeraries was about five millions annually. Accordingly Mr. Vansittart brought forward an amended scheme for relieving the immediate pressure of this dead weight by extending it over a longer term of years than the natural lives of the annuitants. For this purpose an annuity of two million eight hundred thousand pounds was appropriated out of the existing revenue for forty-five years, invested in trustees for the discharge of the then payments, which for that year were estimated at four million nine hundred thousand pounds, subject to a yearly diminution by deaths. It was computed that, according to the ordinary duration of human life, the annuities for the lives of the then holders would be equal to the annuity of two million eight hundred thousand pounds for forty-five years. The trustees were therefore empowered to sell from time to time such portions of this annuity as would provide the funds required for the payment of the dead weight, according to a computation made of the amount which would probably be due in each year. The Bank of England became the contractor for a portion of the annuity. There was no novelty of principle in the project; it was only the old one of anticipating distant resources by throwing the burden of the existing generation on the next. It had the further disadvantage of incurring a useless expense for management; whereas the Sinking Fund, amounting at the time to about five millions, might have been applied to existing exigencies, and a real saving effected.
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TWO:Whilst Dumouriez had thus overrun the Netherlands, other French generals had been equally pushing on aggressions. Custine, with about twenty thousand men, had marched upon the German towns on the Rhine; had taken Spires, Worms, and Mayence by the 21st of October. These towns abounded with Democrats, who had imbibed the grand doctrine of the Rights of Man, and laboured, to their cost, under the same delusion as the Belgiansthat the French were coming solely for their liberation and advantage. Custine advanced to Frankfort-on-the-Main, which he plundered without mercy. Custine called loudly for co-operation from Kellermann; but Kellermann not complying, he was superseded by Beurnonville, who was ordered to take Trves. He attempted it, but too late in the season, and failed. Custine, who had advanced too far from the main army to support his position, still, however, garrisoned Frankfort with two thousand men, and took up his own quarters at Ober-Ursel and Homburg, a little below Frankfort, in the commencement of December.
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TWO:In the meantime the Chartists had made their preparations. The members of the National Convention met early in the morning at its hall in John Street, Fitzroy Square, and after this the members took their places in a great car, which had been prepared to convey them to the Common. It was so large that the whole Convention and all the reporters who attended it found easy accommodationMr. Feargus O'Connor and Mr. Ernest Jones sitting in the front rank. It was drawn by six fine horses. Another car drawn by four horses contained the monster petition, with its enormous rolls of signatures. Banners with Chartist mottoes and devices floated over these imposing vehicles. The Convention thus driven in state passed down Holborn, over Blackfriars Bridge, and on to the Common, attended by 1,700 Chartists, marching in procession. This was only one detachment; others had started from Finsbury Square, Russell Square, Clerkenwell Green, and Whitechapel. The largest body had mustered in the East, and passed over London Bridge, numbering about 6,000. They all arrived at the Common about ten o'clock, where considerable numbers had previously assembled; so the Common appeared covered with human beings. In all monster meetings there are the widest possible differences in the estimates of the numbers. In this case they were set down variously at 15,000, 20,000, 50,000, and even 150,000. Perhaps 30,000 was the real number present.Since the appearance of the Waverley Novels the poetry of Scott has been somewhat depreciated, but his metrical romances, if not of the highest class of poetry, are always fresh, from their buoyancy and the scenery in which they are laid. They are redolent of the mountain heather and summer dews; and the description of the sending of the "fiery cross" over the hills, and the battle in "Marmion," as well as other portions, are instinct with genuine poetic vigour. Campbell, who won an early reputation by his "Pleasures of Hope," is more esteemed now for his heroic ballads "Hohenlinden," "The Battle of the Baltic," and his "Mariners of England;" Moore, for his "Irish Melodies," than for his "Lalla Rookh;" Byron, for his "Childe Harold," rather than for his earlier love tales of the East, or his later dramatic poems. Amongst the very highest of the poets of that period stands Percy Bysshe Shelley (b. 1792; d. 1822), the real poet of spiritual music, of social reformation, and of the independence of man. Never did a soul inspired by a more ardent love of his fellow-creatures receive such a bitter portion of unkindness and repudiation. John Keats, of a still more delicate and shrinking temperament, also received, in return for strains of the purest harmony, a sharp judgment, in no degree, however, equal to the severity of that dealt out to Shelley. In his "Ode to a Grecian Urn," and his "Lamia," Keats left us examples of beauty of conception and felicity of expression not surpassed since the days of Shakespeare. In his "Hyperion" he gave equal proof of the strength and grandeur to which he would have attained.
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