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THREE:

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THREE:

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THREE:On the 12th of February, 1823, the President of the Board of Trade said, in his place in Parliament:��"The general exports of the country in the four years from 1815 to 1819 had decreased ��14,000,000 in official value; and he took the official value in preference to the declared, because it was from the quantity of goods produced that the best measure was derived of the employment afforded to the different classes of the community. In the year from the 5th of January, 1819, to the 5th of January, 1820, the exports of the country fell off no less than ��11,000,000; and in looking at that part of it which more completely embraced British or Irish manufacture, he found that the difference in four years was ��8,414,711; and that in the year from the 5th of January, 1820, to the 5th of January, 1821, there was a decrease of ��8,929,629. Nobody, therefore, could be surprised that, at that period, the industry of the country appeared to be in a state of the utmost depression; that our manufacturers were most of them unemployed; that our agriculturists were many of them embarrassed; and that the country, to use the phrase of a friend of his in presenting a petition from the merchants of London, 'exhibited all the appearances of a dying nation.' Though the condition of the agricultural interest was not as favourable as he could wish, still it was most satisfactory for him to state that not only did the exports of last year [1822] exceed those of all the years to which he had been alluding, but also those of the most flourishing year which had occurred during the continuance of the war. In all material articles there had been a considerable increase. The export of cotton had increased ten per cent., and hardware seventeen per cent.; of linens twelve per cent., and of woollens thirteen per cent.; and the aggregate exports of 1822 exceeded those of 1820 by twenty per cent., and of 1821 by seven per cent., notwithstanding a deduction was to be made from the exports of one great article, sugar, owing to a prohibitory decree of Russia, amounting to thirty-five per cent." The result of this prosperous state of things was that, in 1823, the new Chancellor of the Exchequer was enabled to present the best and most popular Budget that had been laid before Parliament for many years, remitting a large amount of taxes that had pressed most heavily on the springs of industry, and inflicted the greatest amount of inconvenience and privation upon the people. The revenue of the nation in that year was ��57,000,000, and the expenditure was estimated at ��49,672,999, leaving a surplus of upwards of ��7,000,000. Of this surplus, ��5,000,000 was set aside for the reduction of the National Debt, and the remainder for the remission of taxes. As the assessed taxes were most oppressive, they were reduced fifty per[239] cent., a reduction which was estimated on the window tax alone at ��1,205,000. On the whole, the assessed taxes were reduced by ��2,200,000. This included ��100,000, the total amount of assessed taxes in Ireland. In England the whole of the window tax was removed from the ground floors of shops and warehouses.

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THREE:ARREST OF BRITISH SAILORS BY GREEK SOLDIERS. (See p. 606.)At the opening of 1810 a peace was contracted with Turkey; but not with the Sultan Selim, with whom we had been at war, nor with his successor, Mahmoud. Whilst the throne of Turkey was occupied by a mere boy, and whilst his regular troops were dispersed, Alexander of Russia, famed for his piety, thought it a fine opportunity to seize on his neighbour's lands. His Ministers, at the commencement of 1809, at the Congress of Jassy, demanded, as a condition of peace, the cession of the Turkish provinces on the left bank of the Danube. The Turks, of course, refused to thus dismember their empire for the aggrandisement of Russia; and Alexander, who was resolved to have those provinces by hook or by crook, immediately declared war on Turkey, on the shameless plea that it had made peace with Britain. The Russians were supported by the Greeks, and other inhabitants of Moldavia and Wallachia; but on crossing the Danube and pushing forward into Bulgaria they were beaten on every occasion. On the 22nd of October, 1809, a desperate conflict took place between them under the walls of Silistria, which continued from morning till night, in which the Russians were driven back, and, in a second engagement, routed with such slaughter that they retired from Bulgaria, and went into winter-quarters in Moldavia and Wallachia. In this campaign it was found that the guns were served by French officers, though Buonaparte professed to be willing that Alexander should possess himself of Constantinople. By the peace with Turkey, the trading ports of that empire were again opened to us, and our manufactures, entering there, spread over all the Continent, and were sold and worn in Hamburg, Bremen, and other towns where they were strictly excluded by sea.

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