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As it was, the extreme caution of Kutusoff saved Buonaparte and the little remnant of his army that ever reached France again. Buonaparte left Smolensk with only forty thousand, instead of four hundred and seventy thousand men, which he had on entering Russia, and a great part of the Italian division of Eugene was cut off by the Russians before the Viceroy could come up with Buonaparte. Napoleon, therefore, halted at Krasnoi, to allow of the two succeeding divisions coming up; but Kutusoff took this opportunity to fall on Buonaparte's division, consisting of only fifteen thousand men, and attacked it in the rear by cannon placed on sledges, which could be brought rapidly up and as rapidly made to fall back.

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The third topic discussed at these conferences was the nature of the relations then subsisting between France and Spain, and the projects of the former power in reference to the latter. These were explained by the Minister without any reserve, and with no symptoms of apprehension that they would be disagreeable to Britain, or of anxiety as to the result, whether they were so or not. He frankly avowed that, under cover of the sanitary cordon, 100,000 French troops were assembled; that it was proposed to throw them in two columns into Spain; that one column, of 40,000 men, was to pass into Catalonia, while the other, of 60,000, was to march by the great road through Irun upon Madrid. He stated that the sole object of this invasion was to insure the personal safety of the king, to afford him the opportunity to collect a native force strong enough to enable him to protect himself against the schemes of the Revolutioniststhat is, to put down the Constitution. Of course, France said she entertained no views of conquest or aggrandisement, or even of prolonged occupation. She would withdraw her troops whenever the King of Spain said he could do without them, and yield up every inch of territory. In reference to this matter the Duke of Wellington wrote home for instructions, and in reply Canning said:"If there be a determined project to interfere by force or by menace in the present struggle in Spain, so convinced are his Majesty's Government of the uselessness and danger of any such interferenceso objectionable does it appear to them in principle, as well as utterly impracticable in executionthat when the necessity arisesor, I would rather say, when the opportunity offersI am to instruct your grace at once frankly and peremptorily to declare that to any such interference, come what may, his Majesty will not be a party." To say that England peremptorily declined "to be a party" to the invasion of an independent state, in order to force upon the people a government contrary to their will, was not saying very much, nor putting the objection very strongly. We are assured, however, that the Duke steadily set his face against the project, pointing out that the step would be not only unjust, but impolitic; that it would precipitate the catastrophe which the French Government feared; that the Revolutionists would probably remove Ferdinand from Madrid as soon as they heard of the passing of the frontier by the French troops, and that, even if these troops should reach the capital, the Spaniards would not therefore submit, nor would the king be set at liberty. He argued that a war between France and Spain for such a purpose would be pronounced a war to put down free institutions, and that if France sought the support of her allies, the only one amongst them that had free institutions would feel it her duty to meet such a request with a refusal. Europe would be ranged into two hostile camps, that of absolutism on the one side and of revolution on the other; amid which not thrones only, but settled governments in every form, might be overthrown. In reply to these arguments, both the king and his Minister stated that whatever France might do in the matter she would do single-handed, and that she would not only not apply for assistance from without, but that, if such assistance were offered, she would refuse it. The Duke could not, however, prevail upon the French Government to refrain from bringing the question between France[234] and Spain before the Congress. The king and his Minister both contended that vast moral good would accrue from a joint remonstrance on the part of the Allies against the treatment to which the King of Spain was subjected, and a joint threat that if any violence were offered to his person or family all would unite to avenge the outrage.At the very time he received this appointment he was actually in correspondence with Colonel Robinson, an officer of General Clinton's staff, declaring that he was become convinced of the more righteous cause of the mother country, and that he was prepared to testify this by some signal service to his king. It was at the beginning of August of the present year when Arnold assumed his command at West Point; and Clinton lost no time in opening a direct correspondence with him, through which such singular advantages were offered. Sir Henry Clinton employed as his agent in this correspondence a young officer of high promise in his profession and of considerable literary talents, Major John Andr, Adjutant-General and aide-de-camp to Sir Henry. As Clinton was naturally anxious to bring this hazardous correspondence to a close, he pressed Arnold to come to a speedy decision, offering him rank in the army and a high reward in return for the promised servicesnamely, the surrender of West Point, with all its dependent forts and stores, including, as a matter of course, the command of the Hudson, and the terror and distrust which this act would spread through the American army. The absence of Washington at the meeting with Rochambeau at Hartford was seized on as a proper opportunity for a personal and final conference on the subject. Major Andr was selected by General Clinton to meet Arnold on neutral ground. The place selected was on the western bank of the Hudson, and Clinton strongly enjoined him to enter on no account within the American lines, to assume no disguise, nor to be the bearer of any written documents. Day dawned before the whole preliminaries were settled, though the chief point was determinednamely, that West Point should be surrendered to the English on the following Monday. Andr was prevailed on to remain with Arnold the greater part of the day; and then, on going down to the shore, he found that the boatman who had brought him out refused to carry him back. When Andr returned to Arnold at Smith's house, he gave him a pass, and advised him to travel by land to King's Ferry, and there to cross. He insisted that for this purpose he must assume a disguise, and travel under his assumed name of John Anderson. So little was Andr apprehensive of danger, that he not only disobeyed the injunction of his[278] commander-in-chief in this particular, but in the far more important one of carrying written papers, which he concealed in his boot.The opening of the year 1840 saw no flagging in the efforts of the Manchester men to bring forward the question, which the Annual Register had just regarded as finally set at rest. It had[484] been determined that a great meeting of delegates should be held in that city. There was no hall large enough to hold half of the then members even of the local association, and it was therefore resolved to construct one. Mr. Cobden owned nearly all of the land then unbuilt on in St. Peter's Fieldthe very site of the Peterloo massacre of 1819. In eleven days one hundred men constructed on this spot a temporary pavilion, which afterwards gave place to the permanent Free Trade Hall, which long continued to be the favourite scene of great political meetings. The Manchester Times described the pavilion as comprising an area of nearly 16,000 square feet. It contained seats for dining 3,800 persons, and 500 more were admitted after the dinner. Among the most conspicuous speakers at the banquet were Daniel O'Connell, Mr. Cobden, and Mr. Milner Gibson; but perhaps the most interesting feature in the proceedings was the operatives' banquet, which took place on the following day. Five thousand working men, overlooked by their wives, sisters, and daughters in the galleries, sat down on that occasion. It was evident from this that the people were emancipating themselves from the advice of evil counsellors, and were beginning to see the importance to their interests of the movement of the League.
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THREE: H. D. Massey, 4,000 in cash. FORE:As Blucher was, as usual, much ahead of the other divisions of the Allies, Buonaparte resolved to attack him before he could form a junction with Schwarzenberg. Blucher, informed of his purpose, concentrated his forces at Brienne, on the Aube, fourteen miles below Bar. Brienne is only a small village, having but two streets, one of them ascending to the chateauoccupied as a military academy, where Napoleon himself received his military educationthe other leading to Arcis-sur-Aube. Blucher had quartered himself in the chateau, and was at dinner with his staff, on the 27th of January, when he was astonished to find that Buonaparte was already upon him. The chateau being surrounded by a woody park, Napoleon had approached under cover of it, and suddenly driven in two thousand Russians posted there, and was rushing on to capture the general and all his staff. A most miserable look-out must have been kept by the Prussian outposts. Blucher and his generals, startled by the terrible uproar, had just time to escape by a postern, and by leading their horses down a flight of steps. Recovered, however, from their surprise, the Russians turned on the French, and were soon supported by the Prussians. The Cossacks galloped forward, and nearly succeeded in capturing Buonaparte at the head of his troops. One man was laying hands on the Man in the Grey Coat, when Gourgaud shot him with a pistol. Buonaparte gained possession of Brienne, but, like Moscow, it was burned over his head, and it was not till eleven o'clock at night that Blucher, who had only twenty thousand men engaged, retired, and took up a position at La Rothire. It could scarcely be styled a victory, yet Napoleon proclaimed it a brilliant one, asserting that he had taken fifteen thousand prisoners and forty pieces of cannon, when he had taken no cannon whatever, and only a hundred prisoners.

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THREE: FORE:

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  • THREE:These defeats, which were gradually hemming Napoleon round by his enemies in Dresden, were the direct result of the active aid of Great Britain to the Allies. Sir Charles Stewart, the brother of Lord Castlereagh, had been dispatched to the headquarters of the Allies. By means of the abundant supplies of arms and money, the population of Hanover was raised; Bernadotte was kept firm to his support of the Coalition; and, by Sir Charles, he was also urged to march on Leipsic, and be present at the final conflict. Brigadier-General Lyon was sent to head the troops in Hanover; and the Duke of Cambridge to conduct the civil government of the country. Money was supplied in abundance, in addition to military stores. Two millions were advanced to the Crown Prince of Sweden for his army, two millions more to the Russians and Prussians, and another half million to Russia to equip its fleet in the Baltic. Without these vast supplies the combined armies could not have kept their ground.

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    FORE:At the close of an admirable defence by his counsel Desze, Louis rose and read the following few remarks, which he had prepared:"My means of defence are now before you. I shall not repeat them. In addressing youperhaps for the last timeI declare that my conscience reproaches me with nothing, and that my defenders have told you the truth. I was never afraid that my conduct should be publicly examined; but it wounds me to the heart to find, in the act of accusation, the imputation that I caused the blood of the people to be spilt; and, above all, that the calamitous events of the 10th of August are attributed to me.

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  • THREE:Soon after the close of the Session in June, the king proceeded to Hanover, accompanied, as usual, by Townshend and the Duchess of Kendal. The state of his foreign relations demanded the utmost attention, and very soon underwent the most extraordinary changes. These were precipitated by the Duke of Bourbon, and were caused by the state of the French succession. The young king might have children, and the only reason why he might not have legitimate issue soon was that he was affianced to the Infanta, Mary Ann, Philip's daughter, then a mere child. Should he not have children, the young Duke of Orleans, the son of the late Regent, would succeed him. To prevent this contingency, the Duke of Bourbon, who had a violent hatred of Orleans, prevailed on Louis to dismiss the Infanta, and choose as queen some princess of mature age. He turned his eye for this purpose on the Princess Anne of England, but George declined the alliance, because the Queen of France was bound to become Catholic. The Princess Mary Leczinska was next fixed upon, daughter of the exiled Stanislaus of Poland, and the Duke of Bourbon then sent the Infanta back to Spain.

    by Daniel Nyari View on Dribbble

    FORE:On the 19th Collingwood signalled Nelson that the French fleet was coming out of Cadiz. On the morning of the 21st, when the British fleet lay about seven leagues north-west of Cape Trafalgar, the hostile fleet was discovered about seven miles to the eastward. Nelson ordered the fleet to bear down on the enemy. As Villeneuve approached, he veered so as to bring Cadiz under his lee, and thus secure a retreat into it. This compelled Nelson to shift his course a little more northward. Villeneuve had preconcerted a plan of action which he boasted would prevent Nelson from cutting his line, as was his custom. He determined to advance in two lines, with each alternate ship about a cable's length to the windward of her second ahead and astern, so that his fleet would represent the chequers of a draft-board. This plan, however, did not succeed. Nelson found now the shoals of San Pedro and Trafalgar under the lee of both fleets, and, dreading that he might be carried upon them at the end of the battle, he signalled, from the Victory, for the fleet to anchor at the close of the day. He then told Blackwood that he should not be satisfied unless he took twenty of the enemy's ships, and asked him whether he thought a general signal of action were not wanting. Blackwood replied that he thought the fleet all understood what they were about. But Nelson hoisted on his mizen top-mast his last signal"England expects every Man to do his Duty." It was seen, and responded to with loud hurrahs.

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    by Daniel Nyari View on Dribbble

    FORE:This proviso, however, by no means affected the treaty with America. This secret treaty was made binding and effectual so far as America and England were concerned. The first article acknowledged fully the independence of the United States. The second fixed their boundaries, much to the satisfaction of the Americans; and liberty was secured to them to fish on the banks of Newfoundland, in the Gulf of St. Lawrence, and wherever they had been accustomed to fish, but not to dry the fish on any of the king's settled dominions in America. By the fourth, fifth, and sixth articles it was engaged for Congress that it should earnestly recommend to the several Legislatures to provide for the restitution of all estates belonging to real British subjects who had not borne arms against the Americans. All other persons were to be allowed to go to any of the States and remain there for the settlement of their affairs. Congress also engaged to recommend the restitution of confiscated estates on the repayment of the sums for which they had been sold; and no impediments were to be put in the way of recovering real debts. All further confiscations and prosecutions were to cease. By the seventh and eighth articles the King of England engaged to withdraw his fleets and armies without causing any destruction of property, or carrying away any negro slaves. By these articles, the navigation of the Mississippi, from its source to the ocean, was to remain for ever free and open to both parties. If West Florida happened to be in the possession of Britain at the termination of a general peace, a secret article determined its boundaries.

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THREE:The honour conferred upon Ireland and Hanover by the royal visits had excited the jealousy of Scotland; and the most ardently loyal of the nobility and people of that country were extremely desirous that a similar honour should be conferred upon them. The king complied with their request, and started on the 10th of August. "There were great preparations," says Lord Eldon, "to make his embarkation and voyage down the river one of the finest exhibitions ever seen upon the surface of old Father Thames." The river and its banks, from London to Greenwich, appeared in the highest state of animation, swarming with human life and gay with brilliant decorations. A party of hussars, guarding a plain carriage, were his Majesty's only equipage. The shouts of the different groups of spectators attended his progress along the road to Greenwich, until the royal standard floating over the Hospital announced his arrival. Thousands of voices hailed him as the yacht departed with a favourable breeze; and as he passed Woolwich a royal salute was fired, and the regiment on duty at the Arsenal presented arms. At Tilbury Fort, Southend, and Sheerness he met with lively demonstrations of loyalty. At the last named place the Lord Mayor, and other authorities who had escorted him down the river, parted from the royal squadron and returned in their barge to town. The tide now checked the king's progress, and the ships lay-to in the channel till morning. At Harwich, Scarborough, and other places, crowds of people put off in boats as the squadron neared the shore. It was twice becalmed; and it was not till the 14th that the Royal George cast anchor off Leith.'Celsa sedet ?olus arce,
THU 14 May, 2015
FORE:The Marquis of Ely " " 45,000At length, on the 22nd of September, Lord John Russell, attended by Lord Althorp, and a great body of the most distinguished Reformers, appeared at the bar of the House of Lords, and handed the English Reform Bill to the Lord Chancellor, praying the concurrence of their Lordships. This scene has been made the subject of a great historical painting. The Bill, without any opposition or remark from any Conservative peer, was read a first time on the motion of Earl Grey, and ordered to be read a second time on Monday week. The debate on the second reading commenced on the 3rd of October, with a speech from Lord Greygrave, elaborate, earnest, and impressive; simple, yet dignified. He described his own efforts in regard to Parliamentary Reform, spoke of the changes which had of necessity attended his opinions on the subject, and of the circumstances which, at the close of his long career, when the conservative spirit is naturally strongest in every man, had led him to endeavour to put in practice the theories and speculations of his youth and manhood. Lord Eldon described the progress of the debate from day to day in letters to members of his family. Lord Dudley and Lord Haddington quite surprised and delighted the zealous old manthey spoke so admirably against the Bill. Lord Carnarvon delivered a most excellent speech; but Lord Plunket's speaking[339] disappointed him. The fifth night of the debate was occupied by the lawyers. Lord Eldonfollowing Lord Wynford and Lord Plunketsolemnly delivered his conscience on this momentous occasion. He was ill and weak, and being an octogenarian, he might be said to be speaking on the edge of the grave. He expressed his horror of the new doctrines which had been laid down with respect to the law of the country and its institutions. He could not consent to have all rights arising out of Charters, and all the rights of close boroughs, swept away. Boroughs, he contended, were both property and trust. Close corporations had as good a right to hold their charters under the Great Seal as any of their lordships had to their titles and their peerages. He said that he was a freeman of Newcastle-upon-Tyne; he had received his education in the corporation school of that town on cheap terms, as the son of a freeman; he had a right to it; and he had hoped that, when his ashes were laid in the grave, he might have given some memorandum that the boys there, situated as he was, might rise to be Lord Chancellors of England, if, having the advantage of that education, they were honest, faithful, and industrious. The closing night of the debate brought out the two most illustrious law lords in the House, who had long been rivals and competitors in the arenas of professional and political lifeLord Brougham and Lord Lyndhurst. Each was holding back in order to have the opportunity of replying to the other; but Lord Lyndhurst managed to have the last word, the more excitable Lord Chancellor having lost patience, and flung himself into the debate. He implored the House on his knees to pass the Bill. But the coup de thatre miscarried, owing to the obvious anxiety of his friends lest he should be thought to be suffering from too much mulled port.

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THU 14 May, 2015
FORE:But, notwithstanding these partial advantages, and though the duke and his army were enduring all the severities of a Highland winter, exposed to the cutting east winds on that inclement coast, and compelled to keep quarters for some time, Cumberland was steadily seizing every opportunity to enclose the Highlanders in his toils. His ships cut off all supplies coming by sea. They captured two vessels sent from France to their aid, on board of one of which they took the brother of the Duke of Berwick. The Hazard, a sloop which the Highlanders had seized and sent several times to France, was now pursued by an English cruiser, and driven ashore on the coast of Sutherland: on board her were a hundred and fifty men and officers, and ten thousand pounds in gold, which the clan Mackay, headed by Lord Reay, got possession of. This last blow, in addition to other vessels sent out to succour him being compelled to return to France, reduced Charles to the utmost[105] extremities. He had only five hundred louis-d'ors left in his chest, and he was obliged to pay his troops in meal, to their great suffering and discontent. Cumberland was, in fact, already conquering them by reducing them to mere feeble skeletons of men. The dry winds of March rendered the rivers fordable, and, as soon as it grew milder, he availed himself of this to coop the unhappy Highlanders up still more narrowly in their barren wilds, and stop all the passes into the Lowlands, by which they might obtain provisions. He himself lay at Aberdeen with strong outposts in all directions; Mordaunt at Old Meldrum, and Bland at Strathbogie. As soon as he received an abundance of provisions by a fleet of transports, along with Bligh's regiment, hearing that the Spey was fordable, on the 7th of April he issued orders to march, and the next day set forward himself from Aberdeen with Lord Kerr's dragoons and six regiments of foot, having the fleet still following along the shore with a gentle and fair wind. On reaching the Spey Lord John Drummond disputed their passage, having raised a battery to sweep the ford, and ranged his best marksmen along the shore. But the heavier artillery of the duke soon drove Lord John from the ground; he set fire to his barracks and huts, and left the ford open to the enemy, who soon got across. On Sunday, the 13th of April, the English advanced to Alves, and on the 14th reached Nairn. As the van, consisting of the Argyllshire men, some companies of Grenadiers, and Kingston's Light Horse, entered Nairn, the rear of Lord John Drummond had not quitted it, and there was skirmishing at the bridge. The Highlanders still retreated to a place called the Lochs of the Clans, about five miles beyond Nairn, where the prince came up with reinforcements, and, turning the flight, pursued the English back again to the main body of their army, which was encamped on the plain to the west of Nairn.The enthusiasm which now pervaded the whole Italian peninsula was unbounded, and broke forth in frantic expressions of joy and triumph. The days of Continental despotism seemed numbered at last. Everything promised well for the cause of Italian freedom and unity. The Italian troops stationed at Bergamo, Cremona, Brescia, and Rovigo joined the insurgents. The Grand Duke of Tuscany set his troops in motion; the Pope blessed the volunteers; even Naples sent a contingent. The Austrian garrisons had to abandon Padua and several other places, while the great fortress of Verona was held with difficulty. In the south of Italy the cause of despotism seemed to be going down rapidly. Deceived by the promises[583] of the King of Naples, the people of Sicily determined to trust him no longer. In January, 1848, an address to the Sicilians was issued from Palermo, which stated that prayers, pacific protestations and demonstrations had all been treated by Ferdinand with contempt. Palermo would receive with transport every Sicilian who should come armed to sustain the common cause, and establish reformed institutions, "in conformity with the progress and will of Italy and of Pius IX." Property was to be respected, robbery was to be punished as high treason, and whoever was in want would be supplied at the common charge. The king's birthday was kept by unfurling the banner of revolution, and calling the citizens to arms. The royal troops retired into the barracks, the forts, and the palace, leaving the streets and squares in possession of the insurgents. The determination of the Sicilians caused the weak and wavering king, Ferdinand II., to yield; and on the 28th of January a royal decree appeared upon the walls of Naples, granting a Constitution for the Kingdom of the Two Sicilies. Orders were sent the same day to Palermo for the withdrawal of the Neapolitan troops, and an amnesty for political offences soon was published. The troops remained in the garrison, however, and occasional conflicts took place between them and the citizens till the 2nd of May, when an armistice was agreed to, which lasted to the 2nd of August. In the meantime the elections had taken place under the new Constitution, which the king had promulgated; but the Neapolitan Chamber proceeded to modify it, to which the king objected. The people, led on by the National Guard, which had been established, determined to support the Assembly. On the 15th of May, therefore, barricades were erected in the streets, the royal palace was occupied by troops, and artillerymen stood by their guns with lighted matches in their hands. The accidental firing of a gun led to a collision with the Swiss troops; thereupon, a tremendous battle ensued, lasting for eight hours, in which the royal troops were completely victorious.

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THREE:The second reading was moved on the 14th by Lord Althorp, the Chancellor of the Exchequer. Lord Porchester moved that the Bill be read a second time that day six months. His motion was supported by Sir Edward Sugden. Sir Robert Peel had taunted the Government with inconsistency in adopting alterations, every one of which they had resisted when proposed by the Opposition. Mr. Macaulay retaliated with powerful effect, with respect to the conduct of the Tories on the question of Catholic Emancipation. On a division the numbers were, for the second reading, 324; against it, 162majority, 162. The House of Commons having thus carried the Reform[347] measure a third time by an increased majority, which was now two to one, the House was adjourned to the 17th of January, when it resumed its sittings. On the 19th of that month the Irish Reform Bill was brought in by Mr. Stanley, and the Scottish Bill by the Lord Advocate. On the 20th the House resolved itself into a committee on the English Bill, and continued to discuss it daily, clause by clause, and word by word, pertinaciously and bitterly wrangling over each, till the 10th of March, when the committee reported. The third reading was moved on the 19th, when the last, and not the least violent, of the debates took place. The Bill was passed on the 23rd by a majority of 116, the numbers being 355 and 239.

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The Emperor Francis did not attempt to defend[506] his capitalthat capital which had twice repelled all the efforts of the Turksbut fled into Moravia, to join his Russian ally, the Czar Alexander, who was there at the head of his army. On the 7th of November Francis took his departure, and on the 13th of November Napoleon entered Vienna without any opposition. Whilst Napoleon remained there he continued to receive the most cheering accounts of the success of his arms in Italy against the Austrians. There, Massena, on hearing of the capitulation of Ulm, made a general attack on the army of the Archduke Charles, near Caldiero. The French were victorious, and were soon joined by General St. Cyr, from Naples, with twenty-five thousand men. At the moment of this defeat, the Archduke received the news of the fall of Ulm, and the march of the French on Vienna. He determined, therefore, to leave Italy to its fate. He commenced his retreat in the night of November 1st, and resolved to make for Hungary. Victory of PittThe King's delightPitt's FinanceThe India BillPitt's BudgetThe Westminster ElectionThe ScrutinyFox is returnedThe Volunteers in IrelandFlood's Reform BillRiots in IrelandPitt's Commercial Policy for IrelandOpposition of the English MerchantsAbandonment of the MeasurePitt's Reform BillHis Administrative ReformsBill for fortifying Portsmouth and PlymouthPitt's Sinking FundFavourable Reception of the BillPitt's Excise BillCommercial Treaty with FranceImpeachment of Warren HastingsRetrospect of Indian Affairs: Deposition of Meer JaffierResistance of Meer CossimMassacre of PatnaBattle of Buxar and Capture of AllahabadClive's Return to IndiaSettlement of Bengal and OudeDomestic ReformsRise of Hyder AliHis Treaty with the EnglishHe is defeated by the MahrattasDeposition of the Rajah of TanjoreFailure of Lord Pigot to reinstate himLord North's Regulating BillDeath of CliveWarren Hastings becomes Governor-GeneralHis dealings with the FamineTreatment of Reza Khan and the Nabob of BengalResumption of Allahabad and CorahMassacre of the RohillasArrival of the New Members of CouncilStruggle for SupremacyRobbery of Cheyte SingNuncomar's ChargesHis Trial and ExecutionHastings' Constitutional ResignationHis Final VictoryWars against the MahrattasHyder Ali's AdvanceDefeat of BaillieEnergy of HastingsVictories of Sir Eyre CooteCapture of Dutch SettlementsNaval Engagements between the British and FrenchDeath of Hyder AliTippoo continues the WarHe invokes PeaceHastings' extortions from Cheyte SingHastings' visit to BenaresRising of the PeopleRescue of Hastings and Deposition of Cheyte SingExtortion from the Begums of OudeParliamentary InquiriesHastings' Reception in EnglandBurke's Motion of ImpeachmentPitt's Change of FrontThe Prince of Wales and the WhigsInquiry into his DebtsAlderman Newnham's MotionDenial of the Marriage with Mrs. FitzherbertSheridan's Begum SpeechImpeachment of HastingsGrowth of the Opposition to the Slave TradeThe Question brought before ParliamentEvidence ProducedSir W. Dolben's BillTrial of Warren HastingsSpeeches of Burke, Fox, and SheridanIllness of the KingDebates on the Regency BillThe King's RecoveryAddress of the Irish Parliament to the Prince of Wales.The winter of 1836-7 was marked by great commercial activity, and a strong tendency to over-trading, chiefly on the part of the banks. The result was a reaction, and considerable monetary embarrassment. In the reckless spirit of enterprise which led to these consequences, the American houses took the lead. The American speculators indulged an inordinate thirst for gain by land jobs, and over-trading in British produce. The most remarkable examples of this were afforded by three great American houses in London, called "the three W.'s." From an account of these firms, published in June, 1837, it appeared that the amount of bills payable by them from June to December, was as follows: Wilson and Co.,[411] 936,300; Wigan and Co., 674,700; Wildes and Co., 505,000; total acceptances, 2,116,000. This was upwards of one-sixth of the aggregate circulation of the private and joint-stock banks of England and Wales, and about one-eighth of the average circulation of the Bank of England. The shipments to America by Wigan and Co. amounted to 1,118,900. The number of joint-stock banks that started into existence at this time was remarkable. From 1825 to 1833 only thirty joint-stock banks had been established. In that year the Charter of the Bank of England being renewed, without many of the exclusive privileges it formerly enjoyed, and the spirit of commercial enterprise being active, joint-stock banks began to increase rapidly. There was an average of ten new companies annually, till 1836, when forty-five of these establishments came into existence in the course of ten months. In Ireland there were ten started in the course of two years. The consequence of this greatly increased banking accommodation produced a wild spirit of commercial adventure, which collapsed first in America, where the monetary confusion was unexampledbankers, importers, merchants, traders, and the Government having been all flung into a chaos of bankruptcy and insolvency. This state of things in America had an immediate effect in England. Discounts were abruptly refused to the largest and hitherto most respectable houses of Liverpool and London. Trade, in consequence, became paralysed; prices suddenly dropped from thirty to forty per cent.; and the numerous share bubblesthe railway projects, the insurance companies, the distillery companies, the cemetery companies, the sperm oil, the cotton twist, zoological gardens, and other speculationswhich had floated on the pecuniary tide, all suddenly collapsed, and there was an end to the career of unprincipled adventurers. It is satisfactory, however, to observe that the sound commerce of the country soon recovered the shock thus given; and in less than two years the pecuniary difficulties had passed away. Commerce had resumed its wonted activity, and flowed steadily in legitimate channels. The American banks resumed payment, and the three great American houses, which had involved themselves to such an enormous extent, were enabled to meet all their liabilities.Grenville, chagrined as he was, still clung to the Government, and called in the Duke of Bedford as President of the Council, Lord Sandwich as Secretary of State. Lord Hillsborough succeeded Lord Shelburne at the Board of Trade. Such was the Government which was to supersede the necessity of Pitt; Lord Chesterfield declaring that they could not meet the Parliament, for that they had not a man in the Commons who had either abilities or words enough to call a coach.On the 23rd the aspect of the insurgent multitude became more fierce, daring, and determined. Guizot had announced the resignation of his Cabinet; the king had sent for Count Mol, then for M. Thiers, who was asked to form a new Ministry. He declined unless Odillon Barrot became one of his colleagues. The king gave a reluctant consent, but Barrot was not prepared to sanction measures of military repression. Marshal Bugeaud, the hero of Algiers, whose exploits there made his name terrible, had been appointed Commander-in-Chief of the first military division, and of the National Guard of Paris, but the National Guard were not prepared to fight against the people. The people, knowing this, shouted, "Vive la Garde Nationale!" and the National Guard shouted, "Vive la Rforme!" In the evening, about seven o'clock, an immense body of the working classes formed in procession, headed by men carrying blazing torches, and marching along the Boulevards, chanted two lines of the Girondists' song
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