THREE:Sir E. Bulwer Lytton (afterwards Lord Lytton) is chiefly known as a most successful novelist, but he won fame also as a dramatic author, his chief productions in this line being The Lady of Lyons and Richelieu. He was born in 1805, and was the youngest son of General Bulwer, of Haydon Hall. He commenced the career of authorship very early, having written "Weeds and Wild Flowers," "O'Neil, the Rebel," and "Falkland," before the appearance of "Pelham" in 1828. Then in rapid succession appeared "The Disowned," "Devereux," "Paul Clifford," "Eugene Aram," "The Last Days of Pompeii," "Rienzi," "Ernest Maltravers," "Alice, or the Mysteries," "The Last of the Barons," "Harold, or the Last of the Saxon Kings," and several others. In 1831 he entered the House of Commons, and represented Lincoln till 1841. His political career, however, belongs to the reign of Queen Victoria.In the House of Commons similar resolutions were moved on the 24th by Mr. Robert Peel, who, on this occasion, made the first of those candid admissions of new views which he afterwards repeated on the question of Catholic Emancipation, and finally on the abolition of the Corn Laws. This eminent statesman, though beginning his career in the ranks of Conservatism, had a mind capable of sacrificing prejudice to truth, though it was certain to procure him much obloquy and opposition from his former colleagues. He now frankly admitted that the evidence produced before the secret committee of the Commons, of which he had been a member, had greatly changed his views regarding the currency since in 1811 he opposed the resolutions of Mr. Horner, the chairman of the Bullion Committee. He now believed the doctrines of Mr. Horner to be mainly sound, and to represent the true nature of our monetary system; and, whilst making this confession, he had only to regret that he was compelled by his convictions to vote in opposition to the opinions of his venerated father. Several modifications were proposed during the debate, but there appeared so much unanimity in the House that no alterations were made, and the resolutions passed without a division. The resolutions were to this effect:That the restrictions on cash payments should continue till the 1st of May, 1822; that, meanwhile, the House should make provision for the gradual payment of ten millions of the fourteen millions due from the Government to the Bank; that, from the 1st of February, 1820, the Bank should take up its notes in gold ingots, stamped and assayed in quantities of not less than sixty ounces, and at a rate of eighty-one shillings per ounce. After the 1st of October of the same year the rate of gold should be reduced to seventy-nine shillings and sixpence per ounce; and again on the 1st of May, 1821, the price should be reduced to seventy-seven shillings and tenpence halfpenny per ounce; and at this rate of gold, on the 1st of May, 1822, the Bank should finally commence paying in the gold coin of the realm. Bills to this effect were introduced into both Houses by the Chancellor of the Exchequer and Mr. Peel, and were readily[144] passed; and such was the flourishing condition of the Bank that it did not wait for the full operation of the Act, but commenced paying in coin to any amount on the 1st of May, 1821.
19 August 2015, John Doe
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THREE:In 1734 England was the witness of war raging in different parts of Europe without having any concern in it, generally known as the War of the Polish Succession. A sharp Parliamentary campaign had been conducted at home. The Opposition talked loudly of the lamentable and calamitous situation of England, because she was wise enough to keep out of the war. Their motions were all guided by the secret hand of Bolingbroke, whose restless and rancorous mind could not brook that partial obscurity to which he was doomed by the immovable spirit of Walpole. But the grand attack was on the Septennial Act. This was a delicate subject for the Whigs in Opposition, for they, and Pulteney especially, had, in 1716, supported this Act with many specious arguments. But Wyndham led the way again with amazing eloquence, and discharged a philippic against Walpole of such ruthless and scathing vigour, as must have annihilated a less adamantine man.
THREE:Matthew Prior had a high reputation in his day as a poet, but his poetry has little to recommend it now. He was the more popular as a poet, no doubt, because he was much employed as a diplomatist in Queen Anne's reign by the Tory party. His "City and Country Mouse," written in conjunction with Lord Halifax, in ridicule of Dryden's "Hind and Panther," may be considered as one of his happiest efforts."NAPOLEON."