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[See larger version]GEORGE WASHINGTON. (After the Portrait by Smart.)[227]
ONE: Sir W. G. Newcomen, a peerage for his wife, etc.
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By Stephen Brock In Lifestyle, Photography Posted May 24th, 2013 12 Comments
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FORE:The effects of the growth in our commerce and manufactures, and the consequent increase of the national wealth, were seen in the extension of London and other of our large towns. Eight new parishes were added to the metropolis during this period; the Chelsea Waterworks were established in 1721; and Westminster Bridge was completed in 1750. Bristol, Hull, Liverpool, Manchester, Birmingham, Sheffield, Leeds, Edinburgh, Glasgow, Frome, Dublin, and several other towns, grew amazingly.Before passing to the momentous history of the Irish famine we must notice some isolated facts connected with the Peel Administration, which our connected view of the triumph of Free Trade has prevented our mentioning under their proper dates. Among the many measures of the time which were fiercely discussed, the most complicated were the Bank Charter Act of 1844, and the Act dealing with the Irish and Scottish Banks of 1845, whereby the Premier placed the whole banking system of the kingdom upon an entirely new basis, in particular by the separation of the issue and banking business of the Bank of England, and by the determination of the issues by the amount of bullion in reserve. Under the Act the Bank was at liberty to issue 14,000,000 of notes on the security of Exchequer Bills and the debt due to it from the Government, but all issues above this amount were to be based on bullion. Still hotter were the passions roused by the Maynooth Bill, by which 30,000 were devoted to the improvement of the college founded at Maynooth for the education of Roman Catholic priests. The language used during the debates by the Protestant party has few parallels in the history of the British Parliament, and Sir Robert Peel's difficulties were increased by the resignation of Mr. Gladstone, who found his present support of the Bill incompatible with the opinions expressed in his famous essay on Church and State. Lord Aberdeen's foreign policy was completely the reverse of the bold, if hazardous, line adopted by Lord Palmerston. We have seen how the Ashburton mission composed the critical questions at issue with the United States, and in similar fashion a dispute about the Oregon boundary, which had been pending for thirty years, was terminated on sound principles of give-and-take by fixing the line at the 49th parallel, while Vancouver Island was reserved for Britain, and the commerce of the Columbia was made free. With France our relations were of the most pacific character; so close, indeed, was the entente cordiale that it was a commonplace of Tory oratory that M. Guizot was Foreign Minister of England. This was certainly not the case; on the contrary, when the Society Islands, over which Pomare was queen, were forcibly annexed by a roving French admiral, Lord Aberdeen behaved with very proper spirit, and obtained an indemnity for the missionary Pritchard, who had been forcibly placed under arrest. In other respects the friendship of Great Britain with France continued unimpaired, and there was an interchange of visits between the Queen and King Louis Philippe. It was a sign of a harmony of views between the two nations. Unfortunately, owing to a variety of causes, it was not to be of long continuance.
FORE:The effect of the issue upon the state of parties in England was tremendous. The Morning Chronicle, then the organ of the Whig party, said, "The battle of English liberty has really been fought and won at Paris." The Times thundered the great fact with startling reverberation throughout the United Kingdom. Mr. Brougham in the House of Commons spoke of it as that revolution which in his conscience he believed to be "the most glorious" in the annals of mankind, and he expressed his heartfelt admiration, his cordial gratitude, to the patriots of that great nation for the illustrious struggle they were making. This language expresses the feelings which prevailed through all classes of the people of Britain, and it may be easily supposed that the effect was most favourable to the Liberal party and most damaging to the Tories, especially as the exciting events occurred at the time of the general election; and Prince de Polignac being considered the particular friend of the Duke of Wellington, his Ministry was called in France the Wellington Administration. All these things were against the Premier: the hostility of the anti-Catholic party, the alienation of the Whigs, the accession of a liberal monarch, and the odium of the supposed intimate relationship with the vanquished despotism of France.
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.The year 1797 was opened by the suspension of cash payments. The Bank of England had repeatedly represented to Pitt, as Chancellor of the Exchequer, that his enormous demands upon it for specie, as well as paper money, had nearly exhausted its coffers and could not long be continued. The payment of our armies abroad, and the advances to foreign kings, were necessarily made[455] in cash. The Government, in spite of enormous taxation, had already overdrawn its account eleven million six hundred and sixty-eight thousand eight hundred pounds, and the sole balance in the hands of the Bank was reduced to three million eight hundred and twenty-six thousand eight hundred and ninety pounds. Pitt was demanding a fresh loan for Ireland, when a message came from the Bank to say that, in existing circumstances, it could not be complied with. Thus suddenly pulled up, the Privy Council was summoned, and it was concluded to issue an order for stopping all further issue of cash, except to the Government, and except one hundred thousand pounds for the accommodation of private bankers and traders. Paper money was made a legal tender to all other parties, and the Bank was empowered to issue small notes for the accommodation of the public instead of guineas. A Bill was passed for the purpose, and that it might not be considered more than a temporary measure, it was made operative only till June; but it was renewed from time to time by fresh Acts of Parliament. The system was not abolished again till 1819, when Sir Robert Peel brought in his Bill for the resumption of cash payments, and during the whole of that time the depreciation of paper money was comparatively slight.Prior to the Revolution the sums voted for the Civil List were granted without any specification as to whether they should be applied to the maintenance of the army, the navy, the civil government, or the household. The king got a lump sum for carrying on the government, defending the country, and supporting the royal dignity; and was allowed to apportion it according to his own discretionthe plan most agreeable to an arbitrary monarch. After the Revolution the expenses of the army and navy were separately voted, and the charges for civil government have been gradually removed from the Civil List. At the accession of William IV. these charges were reduced to the amount required for the expenses of the Royal Household, by the removal of the salaries of the judges, the ambassadors, and the Lord-Lieutenant of Ireland, together with a number of Civil List pensions. This fact should be borne in mind in connection with the sums on the Civil List of former Sovereigns. For example: William III., Anne, and George I. had 700,000 a year; George II. and George III., 800,000; George IV., 850,000; William IV., 500,000; Queen Victoria received 385,000. The application was thus limited: Privy Purse, 60,000; household salaries and retired allowances, 131,260; household expenses, 172,500; royal bounty, alms, and special services, 13,200; leaving an unappropriated balance of upwards of 8,000 to be employed in supplementing any of the other charges, or in any way her Majesty thought proper. The Pension List was limited to 1,200 per annum, and the incomes from the Duchies of Lancaster and Cornwall, estimated at 50,000 a year, were secured to the Crown. Economists grumbled about the magnitude of these allowances, and Lord Melbourne was accused of being over-indulgent to the youthful Sovereign; but her immense popularity silenced all murmurers, and the nation felt happy to give her any amount of money she required.When peace was made in Europe, the United States became anxious for peace too. Madison had begun the war in the ungenerous hope of wresting Canada from Great Britain, because he thought her too deeply engaged in the gigantic war against Napoleon to be able to defend that colony. He believed that it would fall an easy prey; that the Canadians must so greatly admire the model republic that they would abandon monarchy at the first call, and that he should thus have the glory of absorbing that great world of the north into the American Republic. In all this, he and those who thought with him found themselves egregiously deceived. The Canadians showed they were staunchly attached to Great Britain, and the attempts at invasion were beaten back by the native militia and by our handful of troops with the greatest ease. Meanwhile, the blockade of the east, and the seizure of the merchant shipping, drove the New England and other eastern States to desperation. Throughout this war Great Britain made a uniform declaration of a preference for peace, but her offers were regularly rejected so long as Napoleon was triumphant. The United States, professing the utmost love of freedom, were the blind and enthusiastic worshippers of the man who was trampling the liberties of all Europe under his feet. It was not till the last momentnot till he had been defeated in Russia, driven by Britain out of Spain, routed and pursued out of Germany, and compelled to renounce the Imperial Crown of Francethat the American Government began to understand the formidable character of the Power which it had so long and so insolently provoked, and to fear the whole weight of its resentment directed against its shores. It is certain that, had Britain been animated by a spirit of vengeance, it had now the opportunity, by sending strong fleets and a powerful army to the coast of America, to ravage her seaboard towns, and so utterly annihilate her trade as to reduce her to the utmost misery, and to precipitate a most disastrous system of internal disintegration. The New England States, in 1814, not only threatened to secede, but stoutly declared that they would not furnish another shilling towards paying the expenses of the war. They even intimated an idea of making a separate peace with Britain. In Massachusetts especially these[114] menaces were vehement. Governor Strong spoke out plainly in the Legislative Chamber of that State. Madison endeavoured to mollify this spirit by abandoning his Embargo and Emancipation Acts, but this was now too late, for the strict blockade of the British, in 1814, rendered these Acts perfectly dead.
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