ONE:On the Continent the struggle against the French was renewed. The King of Naples and the Emperor of Austria, in alliance with Russia, determined to free Italy of them in the absence of Buonaparte; but without waiting for the arrival of the Austrians and Russians, Ferdinand mustered nearly forty thousand men, badly disciplined, and worse officered, and set out to drive the French from Rome. General Mack, still in high repute, was sent from Vienna to command this army, and Ferdinand, a most self-indulgent and unwarlike monarch, was advised to march with them in person. Nelson was employed, with an addition of some Portuguese ships, to land a division of five thousand men of this army at Leghorn. Mack, in true Austrian style, then divided the remaining thirty-two thousand men into five columns, and marched them by different routes towards Rome. Nelson had narrowly watched the man?uvres of Mack, and pronounced him incompetent, and that the whole would prove a failure. This was speedily realised. Ferdinand, with a portion of his forces, entered Rome in triumph on the 29th of November; but Championnet, the French general, who evacuated Rome to concentrate his forces at Terni, soon defeated the other divisions of the Neapolitan army in detail, and Ferdinand fled from Rome back to Naples. But there was now no security for him there. Championnet was marching on that capital with twenty thousand veteran soldiers, and Ferdinand availed himself of Nelson's fleet to get over to Palermo. The lazzaroni defended the deserted city for three days with incredible bravery against the French, but they were betrayed by a republican party in the city, which hoisted the tricolour flag, surrendered the forts to the enemy, and fired on the defenders from the Castle of St. Elmo, which commands the town. Championnet took possession of Naples on the 23rd of January, 1799, and proclaimed a republic under the title of "Respublica Parthenopea."It was at the close of 1719, when George I. returned from Hanover, that this Company proposed to Ministers to consolidate all the funds into one. It was strange that both Ministers and merchants could be deluded by the hope of enriching themselves by a share of the trade with the Spanish South American provinces, when Spain herself, in full enjoyment of them, was sunk into indigence and weakness, and presented the most determined resistance to the unfettered intercourse of any other nation with them. Yet Sir John Blunt, a leading director of the South Sea Company, persuaded the Ministers that by granting the Company power to deal with the public funds, and especially to buy up the unredeemable annuities which had been granted in the two preceding reigns, chiefly on terms of ninety-nine years, and which now amounted to about eight hundred thousand pounds a year, they could, in twenty-six years, pay off the entire National Debt. But, to enable them to do this, they must be empowered to reduce all the different public securities to one aggregate fund in their hands, to convert both redeemable and unredeemable debts into stock by such arrangements as they could make with the holders, and to have certain commercial privileges vested in them. Ministers accepted the proposals with great alacrity. Aislabie introduced the scheme to Parliament in the month of February, 1720, declaring that, if it was accepted by the House, the prosperity of the nation would be amazingly enhanced, and all its debts liquidated in a very few years. Craggs seconded the proposal in most sanguine terms, expressing his conviction that every member of the House must be ready to adopt so advantageous an offer. Ministers had already closed with the proposals of the Company, and they were themselves greatly disconcerted by the suggestion of Mr. Thomas Brodrick, the member for Stockbridge, who expressed his entire accordance with Ministers, but thought that the nation should endeavour to obtain the best terms for itself by opening the competition to every other company or association of men as well as that in question. Ministers were confounded by this proposal, and Aislabie endeavoured to get out of it by declaring that to do this would be like putting the nation up to auction, and that such things should be done with spirit. But Jekyll interposed, saying it was this spirit which had ruined the nation, and it was now requisite to consider seriously what was best for the public. A violent debate ensued, in which Walpole eloquently recommended open competition, and was sharply replied to by Lechmere. The question was carried in favour of competition; and then the Bank of England, which before had coolly declined to enter into the proposals, suddenly appeared in a new temper, and made liberal offers for the privilege of thus farming the public debts. But the South Sea Company was not to be outdone; it offered seven millions and a half, and the Bank gave way in despair.
TWO:On the 17th of March, a few nights after Mr. Cobden's motion, Mr. Miles brought forward a motion for relief to the agricultural interest in the reduction or remission of taxation. He complained that there had been an importation of wheat during the last thirty-two months seven or eight times greater in amount than in the thirty-six months immediately subsequent to the introduction of the Corn Law of 1828. The abundance of meat in Leadenhall, Smithfield, and Newgate Markets, through the importation of foreign cattle, was also made a subject of reproach against the Ministry, and he told the House, as the spokesman of the agricultural party, "that they had no confidence in the measures which the Government proposed." They thought that anything would be better than their present position. They saw that the tariff which was passed three years ago was now going to be revised again, and that the shield of protection which was thrown over some of the productions of their industry was about to be removed still farther from them. In such circumstances they could not refrain from asking themselves what there was to prevent the Corn Laws from going next? Mr. Disraeli then, in a strain of sarcasm which is stated to have elicited cheers and laughter from the House, assailed the consistency of the Premier, and the tone in which he rebuked the mutinous and rebellious members of his party. He believed, he said, Protection to be in the same condition now as Protestantism had been in 1828, and he, who honoured genius, would rather see the abolition of all Protection proposed by Mr. Cobden than by any right honourable gentleman or by any noble lord on either side of the House. It might be necessary, before such an abolition was accomplished, for the Premier to dissolve the Parliament for the benefit of the party which he had betrayed, and to appeal to the country, which universally mistrusted him. His solemn and deliberate conviction was that a Conservative Government was an organised hypocrisy.The relief committees were also authorised to adopt measures to avert or mitigate the famine fever, which had prevailed to an awful extent. They were to provide temporary hospitals, to ventilate and cleanse cabins, to remove nuisances, and procure the proper burial of the dead, the funds necessary for these objects being advanced by the Government in the same way as for furnishing food. Upwards of 300 hospitals and dispensaries were provided under the Act, with accommodation for at least 23,000 patients, and the sanitary powers which it conferred were extensively acted upon. The expense incurred for these objects amounted to 119,000, the whole of which was made a free gift to the unions in aid of the rates. The entire amount advanced by the Government in 1846 and 1847 towards the relief of the Irish people under the fearful calamity to which they were exposed was 7,132,286, of which one half was to be repaid within ten years, and the rest was a free grant.
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