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.The Company was then compelled to reduce its dividends to six per cent. and apply to Parliament for a loan of a million and a half to meet its pecuniary difficulties. This, Ministers and Parliament complied with, and proceeding to relieve the Company of its embarrassments, Lord North[208] proposed and carried a measure, by which the Company, which had no less than seventeen million pounds of tea in its warehouses, should, without limit of time, be authorised to export its teas to the British colonies of America duty free. This was thought a great and conciliatory boon to the Americans, but it proved otherwise. The import duty of threepence in the pound was still stubbornly retained, and the Americans, looking at the principle of taxation, and not at a mere temptation of a cheapened article, saw through the snare, and indignantly rejected it. The principal tea merchants declared that this would be the case, and that the whole Government scheme was wild and visionary.
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THREE:In the House of Lords several discussions took place on the dismissal of the Repeal magistrates. Lord Clanricarde, on the 14th of July, moved resolutions declaring that act of the Lord Chancellor "unconstitutional, unjust, and inexpedient." The Duke of Wellington met the motion by a direct negative. "These meetings," he said, "consisting of 10,000, 20,000, or 100,000 menno matter the number of thousandshaving been continued, I wish to know with what object they were continued? With a view to address Parliament to repeal the union? No, my lords; they were continued in order to obtain the desired repeal of the union by the terror of the people, and, if not by terror, by force and violence; and the persons calling these meetings were magistrates, the very men who must have been employed by the Government to resist such terror and violence, and to arrest those who were guilty of such breaches of the peace. That is the ground on which the Lord Chancellor of Ireland said to the magistrates, 'You must be dismissed if you attend, or invite attendance at such meetings.'" The Duke "regretted to learn there was poverty in Ireland; but," he asked, "was that poverty relieved by a march of twenty-five and thirty miles a day in spring and summer to hear seditious speeches? Was poverty relieved by subscribing to the Repeal rent?" The resolutions were negatived by a majority of 91 to 29. In a subsequent debate, arising out of a petition presented by Lord Roden from 5,000 Ulster Protestants, complaining that they had been prevented from celebrating the Orange anniversary, while the most flagrant breaches of the law were passed over in the case of those who wanted to overthrow the Constitution, which the Orangemen were sworn to defend, the Duke of Wellington, on that occasion, said that "nothing had been neglected by the Government that was necessary to preserve the peace of the country, and to meet all misfortunes and consequences which might result from the violence of the passions of those men who unfortunately guided the multitude in Ireland. He did not dispute the extent of the conspiracy or the dangers resulting from it; he did not deny the assistance received from foreigners of nearly all nationsdisturbed and disturbing spirits, who were anxious to have an opportunity of injuring and deteriorating the great prosperity of this countrybut he felt confident that the measures adopted by the Government would enable it to resist all, and preserve the peace."
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THREE:For some time after the revival of true poetry the old forms still hung about what in spirit was new. The last of the old school of any note may be said to have been Dr. Johnson and Dr. Darwin. Johnson was too thoroughly drilled into the dry, didactic fashion of the artificial past, he was too bigotedly self-willed to be capable of participating in the renovation. In fact, he never was more than a good versifier, one of that class who can win prizes for University themes on the true line and square system of metrical composition. His "London," a mere paraphrase of the third book of "Juvenal," and "The Vanity of Human Wishes" are precisely of that stamp. Johnson lived at the time of Chatterton's appearance, but he completely ignored him, and he ridiculed the simplicity of the poems introduced by Bishop Percy by absurd parodies on them, as
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