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The marvellous increase of national wealth in Great Britain since the reign of George III. is to be mainly ascribed to two mechanical agenciesthe spinning-jenny and the steam-engine; both of which, however, would have failed to produce the results that have been attained if there had not been a boundless supply of cotton from the Southern States of America to feed our manufactories with the raw material. The production was estimated in bales, which in 1832 amounted to more than 1,000,000; and in 1839 was upwards of 2,000,000 bales. It appears from Mr. Woodbury's tables, that in 1834 sixty-eight per cent. of all the cotton produced in the world was shipped for England. In this case the demand, enormous as it was, produced an adequate supply. But this demand could not possibly have existed without the inventions of Hargreaves, Arkwright, Crompton, and Cartwright, in the improvement of spinning machinery.

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ONE:The prospects of the European war at this juncture, as observed from England, were gloomy in the extreme. The dispersion of the armies of Spain, the retreat and death of Sir John Moore, leaving the whole of the Spanish and Portuguese Peninsula under the feet of Buonaparte, disposed many to believe the power of the conqueror unassailable. The Whig Opposition made every use of this feeling to damage and, if possible, drive their rivals from office. That the Whigs, in power, would have refrained from Continental war any more than the Tories is not to be believed. They had always, when in officeexcept, in the case of Fox, for a short intervalbeen as ready to fight; but they had generally conducted their campaigns with much less ability. Now, their great organ, the Edinburgh Review, indulged in the most vehement censures on the Cabinet; charged all the adverse circumstances of the Spanish and Portuguese war to its bad management; and intimated that it was the most wicked and idiotic folly to hope to contend with Buonaparte at all. But if ever there was a time when the continuance of the war was excusable, and perhaps necessary, it was now. Great Britain had gone fully and freely into the conflict to assist the Continental nations. She had pledged herself[571] solemnly to Spain and Portugal, and to have withdrawn at this crisis would have been equally treacherous to our allies and pusillanimous as regarded the enemy. It would have been, in fact, to proclaim to the world that we had been completely beaten out of the field, that we could not do what we had promised to our allies, and that Napoleon must be left the master of Europe, and the dictator to Britain. Such a confession would have destroyed for ever the prestige of Great Britain, and justly. Ministers felt this, and never were more resolved to persevere to the end. To show that they did not for a moment despair, they signed a treaty of peace and amity with Spain only five days after the arrival of the news of the retreat and death of Sir John Moore, binding themselves never to acknowledge the authority of Buonaparte over Spain, or of any family but of Ferdinand VII. and his lineal successors. That they were supported in their views by Parliament was soon made evident by the rejection, by a majority of two hundred and eight against one hundred and fifty-eight, of a motion of Lord Henry Petty censuring the Convention of Cintra, and, by a majority of two hundred and twenty against one hundred and twenty-seven, of a motion of Mr. Ponsonby for inquiry into the conduct of the late campaign in Spain. Ministers had at length satisfied themselves that they had in Sir Arthur Wellesley a man capable of contending against the haughty tyrant of Europe. The most liberal votes were made for the prosecution of the war. The total of supplies for the year amounted to fifty-three million eight hundred and sixty-two thousand pounds, including a loan of eleven million pounds. For the army twenty-seven million pounds was voted, and for the navy nineteen million pounds. Between twenty and thirty thousand men were drafted from the militia into the regulars, and thus the army was augmented to that amount by soldiers already well trained. The loan was freely taken at a lower interest than any hitherto borrowedthe Opposition asserted, because trade was deranged, and capitalists were at a loss how to invest their money; but the Ministers contended, on the other hand, that it was solely because the war was popular with the nation. Before, however, entering into its arduous and bloody details, we must narrate some disgraceful affairs at home.As the Government was determined to persevere, and to carry the Reform Bill by means of a large creation of peers, if necessary, some of the leading members of the Opposition in the Upper House began to think seriously of their position, a sort of appeal having been made to them in a letter from the king's private secretary, suggesting the prudence of compromise and concession in order to save his Majesty from the painful alternative of a creation of peers. Accordingly, Lords Wharncliffe and Harrowby put themselves in communication with Lord Grey, and this fact was announced by the former in a letter to the Duke of Wellington, stating that he entertained good hope of being able to arrange such a plan of compromise as would prevent the necessity of a second rejection of the Bill by the Lords, and so enable them to alter and amend it when it came into committee. The Duke, in reply to this, said that he was glad of a possibility of an arrangement by mutual concession on the Reform question; and that, for his part, all that he desired to see, under the new system, was a chance of a Government for this hitherto prosperous, happy, and great country, which should give security to life and property hereafter. "The political unions," he said, "had assumed an organisation which any man who could read would pronounce to be for military purposes, and nothing else." In the meantime Lord Wharncliffe had waited by appointment upon the Prime Minister at his house, in Sheen, where he discussed the Reform question with him for two hours, without ever adverting to the political unions, and he reported the issue in a long letter to the Duke of Wellington. The result was that Lord Grey made some trifling concession in matters of detail, and in return Lord Wharncliffe gave him the assurance that he would do what he could to bring the Opposition lords to take a more favourable view of the Ministerial scheme and its probable consequences. This was followed by cordial shaking of hands, and[346] permission was given on each side to communicate with intimate friends and colleagues. The Duke of Wellington, however, declined to take any part in these deliberations. He believed that the Government could be carried on, though with difficulty, under the existing system; but under the system which the Reform Bill would introduce he doubted if the Government could be carried on at all. Nothing came of Lord Wharncliffe's negotiation with the Government, which declined to make any material concession. It had the effect, however, of splitting the Conservative party in the Upper House, breaking the phalanx of the Opposition, and thus preparing the way for the triumph of the Government.
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."The impeachment of Oxford followed. On the 9th of July, 1715, Lord Coningsby, attended by many of the Commons, carried up to the Lords the articles against him, sixteen in number, to which afterwards six more were added. The first fifteen related to the Peace of Utrecht; the sixteenth to the sudden creation of twelve peers in 1711, in order to create a Tory majority, by which it charged him with highly abusing the constitution of Parliament and the laws of the kingdom. When the Articles had been read, it was doubted whether any of the charges amounted to high treason. To decide this as a legal point, it was moved that the judges should be consulted; but this motion was rejected, and another was made to commit Oxford to the Tower; and, though reprieved a few days on account of an indisposition, he was committed accordingly, having made a very solemn plea of his innocence, and of having only obeyed the orders of the queen, without at all convincing the House. He continued to lie in the Tower for two years before he was brought to trial, matters of higher public interest intervening. Eventually the impeachment was dropped, the documentary evidence being considered insufficient.The Minister still claimed the character of the landowner's friend; and in the House of Commons, out of 658 members, 125 was the utmost number that could be considered as Free Traders. But the progress of the League agitation this year was immense. Five years had elapsed since the Anti-Corn-Law Association in Manchester had put forth its humble appeal for five-shilling subscriptions, and now in one single year 50,000 had been given for the objects of the Association, and it was resolved to raise a further fund of 100,000. Mr. Bright had been returned for Durham in July, and already his touching appeals for justice for the people had struck the ear of the House. Like his fellow-labourers, Cobden, Colonel Thompson, George Wilson, W. J. Fox, M.P., and others, he had been busy in all parts of England, addressing audiences sometimes of 10,000 persons. The League speakers had also visited Scotland, and had been everywhere received enthusiastically. The great Free Trade Hall in Manchester was finished, and had been the scene of numerous gatherings and Free Trade banquets, at which 7,000 or 8,000 persons had sometimes sat down together. The metropolis, however, was still behind the great provincial cities in supporting the movement; and the League, therefore, resolved on holding a series of great meetings in Drury Lane Theatre, which was engaged for one night a week during Lent. The first of these important meetings was held on the 15th of March, and was attended by so large a number of persons that the pit, boxes, and even the higher gallery were filled immediately upon the opening of the doors. The succeeding meetings were no less crowded and enthusiastic. Attempts were made to obstruct these meetings, but without success. The use of Drury Lane Theatre had soon to be relinquished, the Earl of Glengall and the committee of shareholders having prohibited Mr. Macready, the lessee, from letting it for political purposes. The League were, in like manner, refused admittance to Exeter Hall; but they were soon enabled to obtain the use of Covent Garden Theatre, where they quickly prepared for a series of great meetings, which proved to be no less crowded and enthusiastic. Sir John Blaquiere, created Lord de Blaquiere, with offices and pensions.
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