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ONE:There was still a fair chance for the Austrians��Britain had furnished them with money��and two fresh armies were descending from the hills. One of these, amounting to thirty thousand, was led by a brave officer, General Alvinzi; the other of twenty thousand, under Davidowich, was marching from the Tyrol to meet Alvinzi near Verona, who was coming from Carinthia by Belluno. Buonaparte did not allow them to meet. He attacked Alvinzi on the 6th of November, and met with a terrible repulse. A detachment of French under Vaubois had been dispatched to impede the march of Davidowich, but was also in retreat. Buonaparte again attacked Alvinzi near Verona, and again was repulsed. Had the Austrians united their two new armies before entering Italy, or had Wurmser marched from Mantua to support Alvinzi, the French must have been utterly annihilated. As it was, Napoleon was dreadfully disheartened, and wrote a despairing letter to the Directory, saying his best officers were killed, and his men exhausted from fighting and severe marches. But his pride and dogged pertinacity came to his aid. He made a rapid march and got into the rear of Alvinzi, but found himself stopped by a narrow bridge over the Alpone at Arcole. The country on each side was a marsh, and the only approach to the bridge was by long narrow causeways. As the French advanced along the causeway on their side to storm the bridge, they were swept down by hundreds by the Austrian cannon. Time after time, Buonaparte drove his columns along the causeway, but only to see them mown down by grape shot. His men fled into the very marshes to save themselves, and he himself was thrown from his horse into the marsh, and had to be dragged from the mire. Bodies of Hungarians and Croats made a final sally along the causeway, cutting down all before them, and it was marvellous that he escaped them. By this time Alvinzi had brought up his main body to the neighbourhood of the bridge, and the battle raged obstinately there for three days. Seeing it impossible to carry the bridge against that solid mass of troops, Buonaparte dispatched General Guyeuse to cross the Adige at the ferry of Albaredo, below the confluence of the Alpone, and take Alvinzi in flank. Guyeuse succeeded in crossing, but was repulsed on the other side by the Austrians. Buonaparte again, on the 16th, made one more desperate rush at the bridge, but only to receive another bloody defeat. The next day he threw a bridge over the Alpone, just above its confluence with the Adige, and sent over Augereau with a powerful force, whilst he again assailed the bridge from his side. These combined operations succeeded. Alvinzi was compelled to retreat to Vicenza and Bassano. Scarcely had he given way, when Davidowich, who ought to have joined him long before, came down the right bank of the stream. He now came only to experience a severe defeat, whereas his timely arrival might have insured a complete victory. He again had recourse to the security of the hills. The belligerents then went into winter quarters, leaving the French victorious. TWO:But where, all this time, was the Great Commoner? The whole world was astonished when the fact came out that Pitt would accept no post in his own Ministry but that of Privy Seal, which necessitated his removal to the House of Peers. The king himself offered no opposition. Pitt's colleagues were not only astonished, but confounded; for they calculated on having his abilities and influence in the House of Commons. "It is a fall up stairs," said the witty Chesterfield, "which will do Pitt so much hurt that he will never be able to stand upon his legs again." No doubt it was a great mistake, but the infirmity of Pitt's health is an abundant excuse. This matter settled, Chatham condescended to coax the haughty Duke of Bedford, whom he met at Bath, to join him. He explained that the measures he meant to pursue were such as he knew the Duke approved. Having heard him, Bedford replied, proudly, "They are my measures, and I will support them, in or out of office." It was understood that he would receive overtures from Chatham, and, in these circumstances, Parliament met on the 11th of November.

ONE:Whilst these things were happening, and but two days before the mail arrived bringing the news of the defeat at Closter-Campen, George II. died. He had, till within the last two years, enjoyed robust health. He had then a severe attack of gout, and from that time his eyes and hearing had failed. On the morning of the 25th of October he rose at his usual hour of six, drank his chocolate, inquired how the wind was, being anxious for the arrival of the mails, and then suddenly fell, uttered a groan, and expired. He was seventy-seven years of age. TWO:One of the events of the early part of this year was the capture of the Dutch island of Cura?oa, by a squadron under Captain Brisbane; but by far the most prominent naval transaction of the year was the seizure of the Danish fleet off Copenhagen��a proceeding which occasioned severe censures on Britain by Buonaparte and the Continental nations under his domination. The Opposition at home were equally violent in the outcry against this act, as in open violation of the laws of nations, Denmark then being nominally at peace with us. But, though nominally at peace, Denmark was at heart greatly embittered against us by our bombardment of its capital in 1801, and it was quite disposed to fall in with and obey the views of Napoleon, who was now master of all Germany, at peace with Russia through the Treaty of Tilsit, and, therefore, able any day to overrun Denmark. Buonaparte was enforcing his system of the exclusion of Britain from all the ports of the Continent, and it was inevitable that he would compel Denmark to comply with this system. But there was another matter. Denmark had a considerable fleet and admirable seamen, and he might employ the fleet greatly to our damage, probably in endeavouring to realise his long-cherished scheme of the invasion of England; at the least, in interrupting her commerce and capturing her merchantmen. The British Ministers were privately informed that Buonaparte intended to make himself master of this fleet, and they knew that there were private articles in the Treaty of Tilsit between Russia and France, by which he contemplated great changes in the North, in which Denmark was believed to be involved. Upon these grounds alone the British Government was justified, by the clearest expressions of international law, in taking time by the forelock, and possessing themselves of the fleet to be turned against them; not to appropriate it, but to hold it in pledge till peace. Grotius is decisive on this point:��"I may, without considering whether it is manifest or not, take possession of that which belongs to another man, if I have reason to apprehend any evil to myself from his holding it. I cannot make myself master or proprietor of it, the property having nothing to do with the end which I propose; but I can keep possession of the thing seized till my safety be sufficiently provided for." This view would fully have justified the British Government, had nothing further ever become known. But subsequent research in the Foreign Office of France has placed these matters in their true light. The Treaty of Tilsit contains secret articles by which Alexander was permitted by Napoleon to appropriate Finland, and Napoleon was authorised by Alexander[540] to enter Denmark, and take possession of the Danish fleet, to employ against us at sea. These secret articles were revealed to the British Government. No man at this time was so indignant as Alexander of Russia at our thus assailing a power not actually at war. He issued a manifesto against Britain, denouncing the transaction as one which, for infamy, had no parallel in history, he himself being in the act of doing the same thing on a far larger scale, and without that sufficient cause which Britain could show, and without any intention of making restitution. We only seized a fleet that was on the point of being used against us, and which was to be returned at the end of the war; the horrified Czar invaded Sweden, while at peace, and, without any declaration of war, usurped a whole country��Finland, larger than Great Britain. Russia, in fact, had brought Denmark into this destructive dilemma by its insidious policy; but, having seized Finland, in five years more it committed a still greater robbery on Denmark than it had done on Sweden, by contracting with Bernadotte to wrest Norway from Denmark, and give it to Sweden.

ONE:[See larger version] TWO:The South Sea Company, with a folly of which extreme greed only is capable, endeavoured to put down these rival schemes and obtained an order from the Lords Justices and writs of scire facias against several of these new bubbles. It was like raising a wind to blow away the bubbles, forgetting that their own was a bubble too, and would go with them. The moment that the people began to distrust one they distrusted all. The panic became as great as the mania had been. The South Sea stock dropped in less than a month from one thousand to below six hundred. There was a simultaneous rush to sell out, and the shares must have sunk instantly to nil but for the gigantic exertions of the Company to raise money and buy in. The relief, however, was but temporary. The bankers and pawnbrokers who had advanced money on scrip broke and fled; merchants, goldsmiths, and speculators rushed away after them. Walpole was summoned in haste from Haughton to devise some means of staying the panic. He endeavoured to get the Bank of England to circulate three millions of South Sea bonds for a year; but the Bank, seeing that the case was desperate, declined it. This was decisive. The rage and despair of the swarming dupes were indescribable. They heaped[48] execrations not only on the South Sea Company, but on Ministers, the king, his mistresses, and the Royal Family, who had all been deep in the affair, and who had taken good care of themselves. George landed at Margate on the 9th of November, soon after which the South Sea stock fell to one hundred and thirty-five. On the 8th of December Parliament met, and promptly began to investigate the scandal.