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The death of no English statesman had ever produced a deeper feeling of grief throughout the nation, or more general expressions of lamentation at the irreparable loss which the country had sustained. Mr. Hume had a motion on the paper for the day following his death; but instead of proceeding with it, he moved the adjournment of the House, which was agreed to unanimously. Mr. Gladstone paid an eloquent and touching tribute to his memory, concluding with the lines

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These certainly were large concessions, but it was to be remembered that we had not received them for nothing; they had cost vast sums, and the national debt had been doubled by this war, and now amounted to one hundred and twenty-two million six hundred thousand pounds. These territories had, in fact, cost us upwards of sixty million pounds; and it is certain that Pitt would have exacted a more complete renunciation from France of the conquered countries. There was a clause inserted which Pitt would never have permittednamely, that any conquests that should be made after the signing of these articles, should be restored by all parties. Now, Bute and the Ministry knew that we had expeditions out against Cuba and the Philippines, and that the only conquests likely to be made were in those quarters. To throw away without equivalent the blood and money expended in these important enterprises was a most unpatriotic act. Still, there was opportunity for more rational terms, for Grimaldi, the Spanish ambassador at Paris, held back from signing, in hope that we should be defeated at Havana, and that then he could raise his terms. When the news of the loss of both Havana and Manila arrived, Grimaldi was in great haste to sign, and Mr. Grenville and Lord Egremont very properly insisted that we should demand an equivalent for the conquest in Cuba. Pitt would have stood firm for the retention of that conquest as by far the most important, and as justly secured to us by the refusal of the Spanish ambassador to sign at the proper time. But Bute would have signed without any equivalent at all. Fortunately, there was too strong an opposition to this in the Cabinet, and the Duke of Bedford was instructed to demand Florida or Porto Rico in lieu of Havana. Florida was yieldeda fatal, though at the moment it appeared a valuable concession, for it only added to the compactness of the American colonies, hastening the day of independence, whilst Cuba would have remained under the protection of the fleet, one of the most valuable possessions of the British empire.
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TWO:A Commission had been appointed to inquire into the Department of Naval Affairs. The Commissioners, at whose head was Mr. Whitbread, had extended their researches so far back as to include the time when Lord Melville, as Mr. Dundas, had presided over that Department. They there discovered some very startling transactions. Large sums of money had been drawn out of the Bank of England on the plea of paying accounts due from the Naval Department; these sums had been paid into Coutts's Bank in the name of the Treasurer of the Navy, Mr. Trotter, who, for long periods together, used these sums for his own benefit. Other large sums had been drawn in the name of Dundas, and had been employed for his profit. Other sums had disappeared, and there was no account showing how they had vanished; but these were scored under the name of Secret Service Money, and Melville declared that the money paid into his account had gone in the same way. As much as forty-eight thousand pounds had been paid over to Pitt at once, and no account given of its expenditure. Indeed, as Pitt had nothing to do with that Department, the payment to him was altogether irregular. These discoveries created a great sensation. George Rose, who had begun life without a sixpence, but who, after attracting the attention of Pitt, had rapidly thriven and become extremely wealthy, had confessed to Wilberforce that some strange jobs had come under his notice as a member of that Department. There was a loud outcry for the impeachment of Melville. Melville appears to have been a jovial, hard-drinking Scotsman, of a somewhat infidel turn, according to Scottish philosophy of that period. Amongst Melville's faults, however, it does not appear that he was of an avaricious character, but rather of a loose morale, and ready to fall in with the licence practised by the officers of all departments of Government in the duties entrusted to them. THREE:
TWO:The name of the leader of the new movement, however, had not yet been added to the list. Mr. Bright, whose residence was at Rochdale, had not begun to give personal aid to the cause, and was scarcely known out of his native town, where his efforts to improve the moral and social condition of the working classes had, however, long made him conspicuous among his fellow-townsmen. The name of Richard Cobden, which appears in the additional list of the committee published a short time afterwards, was one more familiar in Manchester ears. Mr. Cobden was the son of a yeoman at Dunford, near Midhurst, in Sussex. Beginning with small advantages, he had become a successful tradesman. In the course of 1835 a pamphlet was published by him under the title, "England, Ireland, and America." It was followed by a second pamphlet entitled "Russia; by a Manchester Manufacturer." In these writings he advocated peace and retrenchment, and reprobated a panic fear of Russia. But he was soon to advocate more important reforms. THREE:[94]The conjuncture was most critical, for the incompetent and short-sighted Addington had, by the Peace of Amiens, restored the French possessions which had cost us so much to make ourselves masters of in India; and had Buonaparte conceived the idea of supporting Perron there with strong reinforcements, the consequences might have been serious. Fortunately, he seemed too much engrossed with his plans nearer home, and as fortunately also for us, we had now rising into prominence in India a military chief, destined not only to dissipate the hostile combination of the Mahrattas, but also to destroy the dominion of Buonaparte himself. Major-General Wellesley, the younger brother of the Governor-General, and afterwards Duke of Wellington, by a rapid march upon Poonah surprised and drove out the Mahratta chief, Holkar, and saved the city from a conflagration which Scindiah's troops endeavoured to effect. Holkar fled to join Scindiah and the Rajah of Berar, and the Peishwa entered his own capital in the month of May. General Wellesley, being put into full command of all the troops serving under the Peishwa and the Nizam of the Deccan, and being also director of the civil affairs of the British in those provinces, made arrangements for their security, and then marched after Scindiah and the Rajah of Berar. After various marchings and counter-marchings, in consequence of their movements to avoid him, he came up with them near the village of Assaye, or Assye. General Stevenson, who had repulsed them from the territory of the Nizam, was also encamped only eight miles off. On coming in sight of them, Wellesley found them fifty thousand strong, with a splendid body of Mahratta cavalry, whilst he had only four regiments of cavalry, three of them being native, and seven battalions of infantry, five of them Sepoys. He determined, however, to attack them at once, and, sending word to Stevenson to come up, he crossed the river at a ford in face of the artillery of the enemy, and, after a sharp encounter, routed them before Stevenson could arrive. The Mahrattas had ninety pieces of artillery, with which they did terrible execution till the cavalry could come to close quarters with them, and the infantry reach them with their bayonets; then they fled headlong, leaving behind all their cannon (September 23rd, 1803). The Mahrattas rallied in the village of Assaye, and it required a desperate effort to expel them. It was dark before it was accomplished. General Stevenson had been prevented from crossing the river, and did not come up till the next day, when Wellesley sent him in pursuit of the enemy's infantry, which had been abandoned by the cavalry, and was thus exposed to attack.
TWO:At Vereiva, where Buonaparte halted on the 27th of October, Mortier arrived from Moscow, having blown up the Kremlin with gunpowder, and with it a crowd of Russians who had rushed in at the moment of his evacuation. Mortier on his march had also surprised and captured General Winzengerode. From this place Buonaparte issued a bulletin, announcing that not only Moscow but the Kremlin was destroyed; that the two hundred thousand inhabitants of Moscow were wandering in the woods existing on roots; and that the French army was advancing towards St. Petersburg with every means of success. Such was the audacity of lying by which he hoped to conceal the truth from Paris. At this moment he was exasperated almost to frenzy by his prospects, and since the defeat of Maloi-Jaroslavitz he had been gloomy and unapproachable from the violence of his temper. On the march the army passed with horror the field of Borodino. "The ground," says Segur, "was covered with fragments of helmets and cuirasses, broken drums, gun-stocks, tatters of uniforms, and standards steeped in blood. On this desolate spot lay thirty thousand half devoured corpses. A number of skeletons, left on the summit of one of the hills, overlooked the whole. It seemed as if here death had fixed his empire. The cry, 'It is the field of the great battle!' found a long and doleful murmur. Napoleon passed quickly; no one stopped; cold, hunger, and the enemy urged us on. We merely turned our faces as we proceeded to take a last melancholy look at our late companions in arms."[See larger version] THREE:[See larger version]
TWO: Sir R. Musgrove, made receiver of customs, with 1,200 a year. THREE:
Top The new Parliament met on the 14th of November. Mr. Manners Sutton was re-elected Speaker. A week was spent in the swearing-in of members, and on the 21st the Session was opened by the king in person. In the Royal Speech allusion was made to the throwing open of the ports for the admission of foreign grain, and the distress that had visited the manufacturing districts. The Address was carried in the Upper House without a division, and in the Lower House an amendment, moved by Mr. Hume, found only twenty-four supporters. On the 5th of December Alderman Waithman moved for a committee of inquiry with reference to the part taken by members of Parliament in the Joint Stock mania of 1824-5-6. He stated that within the last three years six hundred joint-stock companies had been formed, most of them for dishonest purposes. The directors of these fraudulent schemes worked with the market as they pleased, forcing up the prices of shares to sell, and depressing them to buy, pocketing the difference. He dwelt particularly on the Arignon Mining Company, of which the late chairman of the Committee of Ways and Means, Mr. Brogden, had been a director. The directors of this company, besides an allowance of three guineas per day for the use of their names, had divided between them a large surplus, arising from traffic in shares. Other members of the House, he alleged, had enriched themselves by bubble companies, particularly Sir William Congreve. At the suggestion of Mr. Canning, the inquiry was restricted to the Arignon Company. A vast amount of loss and suffering had been inflicted by these bubble companies. A check was given to the steady and wholesome progress of the country by the fever of excitement, followed by a sudden and terrible collapse. Healthful commerce was blighted, and one of the worst results of the revulsion was that it not only swept away the delusive projects of adventurers, but paralysed for a season the operations of legitimate enterprise. The commercial atmosphere, however, had been cleared by the monetary crisis of 1825-6. An extensive decomposition of commercial elements was effected. Masses of fictitious property were dispersed, and much of the real capital of the country was distributed in new and safe channels, which caused the year 1827 to open with more cheering prospects.QUEEN VICTORIA IN THE CORONATION ROBES, 1838.[See larger version]The war of faction still went on furiously. In the Lords there was a violent debate on an address, recommended by Wharton, Cowper, Halifax, and others, on the old subject of removing the Pretender from Lorraine; and they went so far as to recommend that a reward should be offered to any person who should bring the Pretender, dead or alive, to her Majesty. This was so atrocious, considering the relation of the Pretender to the queen, that it was negatived, and another clause, substituting a reward for bringing him to justice should he attempt to land in Great Britain or Ireland. Though in the Commons, as well as in the Lords, it was decided that the Protestant succession was in no danger, an address insisting on the removal of the Pretender from Lorraine was carried. Anne received these addresses in anything but a gratified humour. She observed, in reply, that "it really would be a strengthening to the succession of the House of Hanover, if an end were put to these groundless fears and jealousies which had been so industriously promoted. I do not," she said, "at this time see any necessity for such a proclamation. Whenever I judge it necessary, I shall give my orders to have it issued."Before this, however, the financial statement for the year had been made, and for awhile the Corn Law question was suspended for the country to recover from its astonishment at finding in the Minister of the Conservative party one of the boldest reformers of our tariff who had ever occupied the Ministerial benches. But yesterday his position had appeared one of the greatest difficulty, in which a cautious hold upon the established sources of revenue, with some well-balanced proposals for additional taxes, was all that could be expected. He had not the good fortune of Mr. Goulburn or Lord Althorp in having a surplus to dispose of. The Whig Government had bequeathed to their successors a deficit, which had been increasing from year to year, with a revenue falling off even in the face of new taxes. How[488] was the deficit to be met was the question which filled the mouths of public men; a question which was answered by the famous financial statement of Sir Robert Peel on the 11th of March. After showing that the deficiency for the coming year would be little short of 2,500,000, and that this deficiency might be expected to be considerably augmented by the position of affairs in India and China, the Minister declared that he would not consent to resort to the miserable expedient of continual loans. He declared that he would not attempt to impose burdens upon the labouring classes, and that if he did, recent experience had shown that they would be defeated. In fact, the country had arrived at the limits of taxation upon articles of consumption. After ridiculing the various suggestions of people who were constantly sending him projects for taxes on pianofortes, umbrellas, and other articles, accompanied with claims of very large percentages upon the proceeds, he acknowledged the principle laid down by financiers that increased revenue may be obtained by taking off the taxes which pressed upon industry, but declared that the first effect was always a diminution in revenue, and that time was found necessary to restore the amount. In these circumstances, he stated what the measure was which, under a deep conviction of its necessity, he was prepared to propose, and which, he was persuaded, would benefit the country, not only in her pecuniary interests, but in her security and character. His scheme was this: he proposed, for a period to be limited, an income tax of not more than 3 per cent., from which he would exempt all incomes under 150, and in which he would include not only landed but funded property. Sir Robert Peel calculated that the tax would yield 3,350,000 a year, a sum which, with an addition to the spirit duties in Ireland, and an export duty of 4s. on coals, would not only cover the existing deficiency, but enable him to remit indirect taxes to the amount of 1,200,000. The sliding scale had brought little credit to the Minister, and the income tax was in its nature an unpopular measure; but the proposal to reduce the custom duties on 750 out of the 1,200 articles in the tariffto remove prohibitions altogether (in itself a vast concession to Free Trade doctrines)to reduce the duties on raw materials of manufactures to five per cent. or lessto keep the duties on articles partially manufactured under twelve per cent., and on articles wholly manufactured under twenty per cent., was a scheme which excited general admiration. The measure was, indeed, contested by the Whig Opposition at every stage. The preliminary resolutions were debated for eight nights. There were many of Sir Robert Peel's old supporters who looked on the financial plan with distrust, as being founded, in a great measure, avowedly on those principles of political economy which they had been accustomed to sneer at; but, in truth, it was not unfavourable to the interests of their party. We have already seen that the new taxat least, if a temporary onewas calculated to impose a far greater burden upon the manufacturing and moneyed class than upon the landowners; in fact, by exempting incomes under 150 a year, and assessing land only upon its net rental, the burden was imposed almost entirely upon that middle class which was the especial object of the dislike of Tories of the more advanced kind. At the same time, by cheapening articles of general consumption, the Minister did something towards securing popularity among the working classes, who, as exemplified in the Chartist agitation, were not always disposed to take part against the landowners. The Income Tax Bill passed, after considerable opposition in the Commons. An amendment proposed by Lord John Russell was rejected by a vote of 302 to 202, and another amendment, proposing the reading of the Bill on that day six months, having been thrown out on the 18th of April by a vote of 285 to 188, the third reading was carried by a majority of 130 on the 30th of May. No debate took place in the Lords until the third reading, when the Bill passed by a majority of 71.
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