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ONE: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.In the meantime, coroners' inquests had been held on the two men who were shot by the military. In the one case the jury brought in a verdict of "justifiable homicide;" but, in the other, of "wilful murder" against the soldiers. On their part, the Government offered a reward of five hundred pounds for the discovery of any one who had been guilty of firing at the soldiers, and an additional one of five hundred pounds for the discovery of the person who had fired at and wounded Ensign Cowell, whilst on duty at the Tower, the night after the committal of Sir Francis. The Reform party in the Commons demanded whether the Government did not intend to offer a reward for the discovery of the soldiers who had fired at and wounded several of the people, and killed two of them. Whitbread moved that an inquiry should be instituted into the justice of the verdict of "wilful murder" against the soldiers, and in this he was seconded by William Smith of Norwich; but Captain Agar, who had been on duty, declared that the people had fired the first shot, and the Premier got rid of the question by asserting that an inquiry was already going on into the circumstances of the riot, and that it was not for Parliament to anticipate it. TWO:To these, in 1785, the Rev. Dr. Edmund Cartwright introduced a loom for weaving by water or steam power, which soon superseded hand-loom weaving. In 1803 Mr. H. Horrocks greatly improved this, and from this germ has grown up the system of weaving cottons, silks, and woollens by machinery. Add to this the application of similar machinery to calico-printing, and the like to weaving of lace, invented by Robert Frost, of Nottingham, or by a working mechanic of that town named Holmes, which afterwards received many improvements, and we have the varied means by which the manufacturing power of England was raised far above that of all the world; and which, reaching other countries in spite of legislative impediments, soon established similar manufactures in France, Belgium, Germany, Switzerland, and America. In Great Britain alone the importation of raw cotton was increased from 4,764,589 lbs. in 1771 to 151,000,000 lbs. in 1818; and such was the spread of trade of all kinds from the use of machinery, that our exports of manufactured goods in 1800, when the European nations were incapacitated for manufacturing by Napoleon's general embargo, amounted to ��116,000,000. Richard Hare, made Lord Ennismore, with patronage.

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THREE:An armistice was arranged with Piedmont, which lasted throughout the autumn and winter. The events at Rome and the flight of the Pope had meanwhile greatly altered the position of the Italian question; and the revolutionary spirit was so strong that Charles Albert found it impossible to resist the demand of his people for a renewal of hostilities. "I must restore war," he said, "or abdicate the crown and see a republic established." He opened his Parliament in person on the 1st of January, 1849, when he delivered a lengthy speech, in which he fully expounded his policy. He invited the nation to co-operate in the great struggle which was impending. In January, the Sardinian Prime Minister, M. Gioberti, addressed a protest to the foreign Powers, in which he stated that though the suspension of hostilities agreed to on the 5th of August, 1848, was productive of fatal political consequences, Sardinia had faithfully observed the agreement, while Austria had disregarded her promises, and exhibited nothing but bad faith. She had pursued an iniquitous system of spoliation. Under the name of extraordinary war contributions her fleet seized Italian vessels navigating the Adriatic. She had put to death persons whose safety was guaranteed by the law of nations. She had violated the most sacred compacts in a manner unparalleled in the annals of civilised nations. Gioberti, however, who was obnoxious to the republican party, was compelled to resign. On the 24th of February the new Ministry[586] issued a programme of its policy, and on the 14th of March M. Ratazzi, Minister of the Interior, announced to the Chamber of Deputies the expiration of the armistice, declaring that no honourable peace with Austria could be expected unless won by arms. War would, of course, have its perils; but between those perils and the shame of an ignominious peace, which would not insure Italian independence, the king's Government could not hesitate. Consequently, he stated that, two days before, a special messenger had been sent to Radetzky, announcing the termination of the armistice. He was perhaps justified by the declaration of the Austrian envoy to London, Count Colloredo, that Austria would not enter into any sort of conference unless she was assured that no cession of territory would be required. The king, meanwhile, had joined the army as a general officer, commanding the brigade in Savoy. The nominal strength of his army at that time was 135,000 men; but the muster-roll on the 20th of March showed only about 84,000 effective troops, including 5,000 cavalry, with 150 guns. Radetzky had under his command an army equal in number, but far superior in equipment and discipline. He at once broke Charles Albert's lines; drove him to retreat upon Novara, where he utterly defeated him. Abdication only remained for the king, and his son, Victor Emmanuel, concluded peace on terms dictated by Austria. The King of Sardinia was to disband ten military corps composed of Hungarians, Poles, and Lombards. Twenty thousand Austrian troops were to occupy the territory between the Po, the Ticino, and the Sesia, and to form one half of the garrison of Alessandria, consisting of 6,000 men, a mixed military committee to provide for the maintenance of the Austrian troops. The Sardinians were to evacuate the duchies of Modena, Piacenza, and Tuscany. The Piedmontese in Venice were to return home, and the Sardinian fleet, with all the steamers, was to quit the Adriatic. In addition to these stipulations, Sardinia was to indemnify Austria for the whole cost of the war. These terms were accepted with great reluctance by the Piedmontese Government, and with even more reluctance by the Genoese, who revolted, and had to be suppressed by the royal troops.

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THREE:As for the queen, she was a far superior person. She had been well brought up on the second marriage of her mother after the death of her father, by the Queen of Prussia, Sophia Charlotte, the sister of George I. She had been handsome till she grew corpulent and suffered from the smallpox, and still she was much admired for her impressive countenance, her fine voice, penetrating eye, and the grace and sweetness of her manner. She was still more admired for the striking contrast which she presented to her husband in her love of literature and literary men, extending her interest and inquiries into philosophy, theology, and metaphysics. Those who are disposed to ridicule her pretence to such knowledge admit that she was equally distinguished by prudence and[58] good sense. She combined in her manners royal dignity and unassuming grace, and was more popular with the nation than any one of the Hanover family had ever yet been. She delighted to engage theologians in discussing knotty points of doctrine, and in perplexing them with questions on the various articles of faith in different churches, and corresponded with them on these subjects through her bedchamber woman, Mrs. Clayton, afterwards Lady Sundon. But the best proofs of Queen Caroline's superiority were shown in her pure moral character, which was free from the slightest stain, and in her quick discernment and substantial promotion of the most able men in the Church."Such modification to include the admission, at a nominal duty, of Indian corn and of British colonial corn."

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THREE:CHAPTER XVI. THE REIGN OF VICTORIA (continued).

THREE:De Crillon, seeing that his bombardment from shore produced little effect, determined to make the attack also from the sea. Amongst the multiplicity of inventions which the offered rewards had produced, the Chevalier D'Arcon, a French engineer, had produced a scheme which excited the most confident expectations. The plan was to construct ten monster floating batteries of such capacity that they should carry the heaviest artillery, and so made and defended that they could be neither sunk nor burnt. Loud was the clangour of hammer and saw, and, as the secret could not be long preserved, equally busy was the garrison within, preparing furnaces, and laying ready huge piles of balls, to be discharged red-hot at these machines as soon as they arrived. To constitute the intended batteries, ten large ships of from six hundred to one thousand four hundred tons burden were cut down, and made bombproof on the top. They were to be prevented from sinking by the enormous thickness of the timber in their bottoms, and their sides, which were to be six or seven feet thick, bolted, and covered with raw hides. They were to be rendered more buoyant by thicknesses of cork, and the interstices were to be filled with wet sand to prevent combustion. There were to be plentiful supplies, by means of pumps, pipes, and cisterns, of water, everywhere, to put out fire, for they seem to have been aware of the burning balls that were being prepared for them.The whole of London was thrown into great agitation, and Sir John Anstruther that evening, in the House of Commons, was very severe on the Ministers for not taking more decided measures for the protection of the metropolis. The next day the letter of Sir Francis was taken into consideration. Many severe strictures were made on his conduct, and even Whitbread contended that the Speaker's warrant was perfectly legal, and that[598] Sir Francis had done a great injury to the cause of Reform by stirring up a riot in the prosecution of a constitutional question. There was a call for the expulsion of the Radical baronet from the House; but as this would have produced a new election in Westminster, by which he would certainly have been returned afresh, that was prudently abandoned.

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THREE:

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THREE:Wolfe then held a council with his two next in command, the Brigadiers Monckton and Townshend, and they resolved, as a desperate attempt, to move up the river, and thus endeavour to draw Montcalm from his unassailable position. Accordingly, leaving detachments to defend the Isle of Orleans and Point Levi, the rest of the army ascended the St. Lawrence for some miles, and pitched their camp on the right bank. To attract still more attention, Admiral Holmes was ordered to put his vessels in active motion for some days, as if seeking a landing-place higher up the river.[135] This stratagem, however, produced no other result than that of Montcalm sending a detachment of one thousand five hundred men to watch their proceedings. He himself maintained his old ground.

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THREE:

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THREE:But all this was but preliminary to the great battle which commenced on the 30th of this month and decided the fate of the Ministry. Lord John Russell, after the House had been called over, moved, "That the House should resolve itself into a committee of the whole House, to consider the temporalities of the Church of Ireland, with a view of applying any surplus of the revenues not required for the spiritual care of its members to the general education of all classes of the people, without distinction of religious persuasion." This resolution was skilfully framed to secure the support of all the Liberal party, and of the English Dissenters as well as the Irish Catholics; all of them being able to agree upon it, and to act together without inconsistency, though each might act from different motives and with different objects. The discussion was particularly interesting, as it turned very much upon the great question of religious establishments. Lord John Russell, Lord Howick, and Mr. Sheil, while fully admitting that an establishment tends to promote religion and to preserve good order, contended that it ought not to be maintained where it fails to secure these objects, and that it must always fail when, as in Ireland, the members of the Established Church are only a minority of the nation, while the majority, constituting most of the poorer classes, are thrown upon the voluntary system for the support of their clergy. Concurring with Paley in his view of a Church establishment��that it should be founded upon utility, that it should communicate religious knowledge to the masses of the people, that it should not be debased into a State engine or an instrument of political power,��they demanded whether the Church of Ireland fulfilled these essential conditions of an establishment. They asked whether its immense revenues had been employed in preserving and extending the Protestant faith in Ireland. In the course of something more than a century it was stated that its revenues had increased sevenfold, and now amounted to ��800,000 a year. Had its efficiency increased in the same proportion? Had it even succeeded in keeping its own small flocks within the fold? On the contrary, they adduced statistics to show a lamentable falling off in their numbers.

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FORE:Far greater, however, as the wielder of human sympathies by the recital of wrongs and oppression, was William Godwin in his "Caleb Williams" and "St. Leon." "Caleb Williams" is a model for narrative: lively, clear, simple yet strong, moving in a rapid career��in fine contrast to the slow, wire-drawn progress of the later three-volume novel��till it winds up in an intensity of sensation. Then came Miss Burney, better known as Madame D'Arblay, with her "Evelina," "Cecilia," and "Camilla," returning again to the details of social life. Afterwards came Dr. John Moore with "Zeluco," etc.; Mrs. Inchbald with her charming "Simple Story;" Mrs. Opie with "The Father and Daughter" in 1801, followed by various other novels; and in the same year Miss Edgeworth commenced her splendid career with "Belinda," and in the next year "Castle Rackrent." To this period also belongs Lady Morgan with her "Wild Irish Girl," though she continued to live and write long after this reign.

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FORE:By this dispersion of the Spaniards the British battalions were wholly exposed, and the whole might of Soult's force was thrown upon them. A tremendous fire from the hills, where the Spaniards ought to have stood, was opened on the British ranks, and several regiments were almost annihilated in a little time. But the 31st regiment, belonging to Colborne's brigade, supported by Horton's brigade, stood their ground under a murderous fire of artillery, and the fiery charge of both horse and foot. They must soon have fallen to a man, but Beresford quickly sent up a Portuguese brigade, under General Harvey, to round the hill on the right, and other troops, under Abercrombie, to compass it on the left; while, at the suggestion of Colonel (afterwards Lord) Hardinge, he pushed forward General Cole with his brigade of fusiliers up the face of the hill. These three divisions appeared on the summit simultaneously. The advance of these troops through the tempest of death has always been described as something actually sublime. Moving onward, unshaken, undisturbed, though opposed by the furious onslaught of Soult's densest centre, they cleared the hill-top with the most deadly and unerring fire; they swept away a troop of Polish lancers that were murderously riding about goring our wounded men, as they lay on the ground, with their long lances. FORE:[See larger version]A succession of battles now took place with varying success, but still leaving the Allies nearer to Paris than before. If Buonaparte turned against Blucher, Schwarzenberg made an advance towards the capital; if against Schwarzenberg, Blucher progressed a stage. To check Schwarzenberg whilst he attacked Blucher, Napoleon sent Oudinot, Macdonald, and Gerard against Schwarzenberg; but they were defeated, and Napoleon himself was repulsed with severe loss from Craonne and the heights of Laon. But Buonaparte getting between the two Allied armies, and occupying Rheims, the Austrians were so discouraged that Schwarzenberg gave orders to retreat. The Emperor Alexander strenuously opposed retreat; but the effectual argument was advanced by Lord Castlereagh, who declared that the moment the retreat commenced the British subsidies should cease. A sharp battle was fought on the 20th of March, between Schwarzenberg and Napoleon, at Arcis-sur-Aube, and Napoleon was compelled to retreat. Blucher, who had received the order to retreat from Schwarzenberg, had treated it with contempt, and replied to it by his favourite word, "Forwards!" Napoleon had now to weigh the anxious question, whether it was better to push on, and stand a battle under the walls of Paris, with his small, much-reduced force, against the Allies, and with the capital in a state of uncertainty towards him��or to follow and harass the rear of the enemy. He seems to have shrunk from the chance of a defeat under the eyes of his metropolis, and he therefore, finding a Prussian force in Vitry, crossed the Marne on the 22nd of March, and held away towards his eastern frontiers, as if with some faint, fond hope that the peasantry of Franche Comt�� and Alsace might rise and fly to his support. But no such movement was likely; all parts of France were mortally sick of his interminable wars, and glad to see an end put to them. The Allies had now taken the bold resolve to march on Paris and summon it to surrender. FORE:The memorable 17th of August arrived, and the curtain was raised on a new act in the great drama, on which the whole nation gazed with the deepest interest, and with feverish anxiety. The queen left her residence in St. James's Square, and proceeded to the House of Lords in her new state carriage, which the people were with difficulty dissuaded from unyoking, that they might draw it themselves. As she passed Carlton House, the crowd gave three cheers, and also at the Treasury. The soldiers on guard at the former place, and at the House of Lords, presented arms when she arrived. The queen's carriage was preceded by Alderman Wood's, and followed by one of her Majesty's travelling carriages, in which were the Hon. Keppel Craven and Sir William Gell, her chamberlains. The way from Charing Cross to Westminster Abbey was crowded, and all the windows of the houses on each side were filled with people, particularly with ladies. Such was the enthusiasm of the people, that the barrier erected at St. Margaret's Church was insufficient to keep them back, and the dense mass forced their way through, and reached Palace Yard shortly after the queen. Sir T. Tyrwhitt, as Gentleman Usher of the Black Rod, attended by the officers of the House, received the queen at the private entrance which had been prepared for her. She entered at the door near the throne, supported by Lord A. Hamilton, and attended by Lady A. Hamilton. She was dressed in white, but wore a black lace shawl. Her demeanour was in the highest degree dignified. On her entrance the peers all rose, and she was pleased to salute them in return.[See larger version]

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FORE:Lord Lovat was the last who was brought to the block for this rebellion, and we will conclude our account of it with his trial and execution, though they did not take place till March, 1747. Lovat had not appeared in arms, nor committed any overt act, and therefore it was difficult to[110] convict him. The cunning old sycophant hoped to elude the law, as he had done so often before, but Murray of Broughton, the brother of Murray, afterwards Lord Mansfield, to save his own life, turned king's evidence, and won eternal infamy by sacrificing his own friends. He not only produced letters and other documents which amply proved the guilt of Lovat, but threw broad daylight on the whole plan and progress of the insurrection from 1740 onwards. The conduct of Lovat on his trial was as extraordinary as his life had been. He alternately endeavoured to excite compassion, especially that of Cumberland��who attended this, though he avoided the trials of the other insurgents��by representing how he had carried his Royal Highness in his arms about Kensington and Hampton Court Parks as a child, and then by the most amusing jests, laughter, execrations, and tricks, to puzzle or confuse the witnesses.

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FORE:During the discussion of this question, Sir George Savile brought forward another. This was a Bill for relieving Catholics, by repealing the penalties and disabilities imposed by the 10th and 11th of King William III. The hardships sought to be removed were these:��The prohibition of Catholic priests or Jesuits teaching their own doctrines in their own churches, such an act being high treason in natives and felony in foreigners; the forfeitures by Popish heirs of their property who received their education abroad, in such cases the estates going to the nearest Protestant heir; the power given to a Protestant to take the estate of his father, or next kinsman, who was a Catholic, during his lifetime; and the debarring all Catholics from acquiring legal property by any other means than descent. Dunning declared the restrictions a disgrace to humanity, and perfectly useless, as they were never enforced; but Sir George Savile said that was not really the fact, for that he himself knew Catholics who lived in daily terror of informers and of the infliction of the law. Thurlow, still Attorney-General, but about to ascend the woolsack, promptly supported the Bill; and Henry Dundas, the Lord Advocate of Scotland, lamented that it would afford no relief to his own country. These Acts did not affect Scotland, as they had been passed before the union; but Scotland had a similar Act passed by its own Parliament, and he promised to move for the repeal of this Scottish Act in the next Session. In the Commons there was an almost total unanimity on the subject; and in the Lords, the Bishop of Peterborough was nearly the only person who strongly opposed it. He asked that if, as it was argued, these Acts were a dead letter, why disturb the dead?

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