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FORE:The people might have dragged on a considerable time still in their misery; but the Government was in its death-throes for want of revenue, and Louis XVI., who ascended the throne in 1774, had but little political sagacity. The administration groaned beneath a mountain of debts; the mass of the people were exhausted in their resources; trade was ruined by these causes; and the nobility and clergy clung convulsively to their prescriptive exemptions from taxation. Long before the American war the State was in reality bankrupt. The Prime Minister of Louis XVI., the Count de Maurepas, was never of a genius to extricate the nation from such enormous difficulties; but now he was upwards of eighty years[357] of age; and, besides that, steeped in aristocratic prejudices. Still, he had the sense to catch at the wise propositions of Turgot, who was made Comptroller-General, and had he been permitted to have his way, might have effected much. Turgot insisted that there must be a rigid and inflexible economy introduced into all departments of the State, in order gradually to discharge the debts. The excellent Malesherbes being also appointed Minister of Justice, these two able and good men recommended a series of reforms which must have struck the old and incorrigible courtiers and nobility with consternation. They prevailed in having the Parliament restored, and they recommended that the king should himself initiate the business of reform, thus preventing it from falling into less scrupulous hands, and so attaching the body of the people to him by the most encouraging expectations. Turgot presented his calculations and his enlightened economic plans, and Malesherbes drew up his two memoirs "On the Calamities of France, and the Means of Repairing them;" but they had not a monarch with the mind and the nerve to carry out the only reforms which could save the monarchy. Turgot, who was of the modern school of philosophy himself, and well knew the heads of the school, recommended that they should be employed by Government. Had this been done, the voices that were raised so fatally against the king and Crown might have been raised for them, and the grand catastrophe averted. But Louis could not be brought to listen to any measures so politic; indeed, he was listening, instead, to the cries of fierce indignation which the privileged classes were raising against all reform. Turgot succeeded in abolishing the corv��es, the interior custom-houses between one province and another, and some other abuses, but there the great plan was stopped. Both Louis and his Minister, Maurepas, shrank from the wrath of the noblesse and the clergy, and desisted from all further reform.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.

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