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The spirit of gambling thus set going by Government itself soon surpassed all bounds, and burst forth in a thousand shapes. It was well known that the king, his mistresses, his courtiers, his son and heir apparent, were all dabbling busily in the muddy waters of this huge pool of trickery and corruption. A thousand other schemes were invented and made public to draw in fresh gudgeons, and the Prince of Wales allowed his name to stand as governor of a Welsh Copper Company. All ranks and classes rushed to Change Alleydukes, lords, country squires, bishops, clergy (both Established and Dissenting), were mixed up with stockjobbers and brokers in eager traffic. Ladies of all ranks mingled in the throng, struggling through the press and straining their voices to be heard amid the hubbub. There and all over the kingdom were advertised and hawked about the following and other schemes:Wrecks to be fished for on the Irish coast; plans for making of oil from sunflower seeds; for extracting of silver from lead; for the transmuting of quicksilver into a malleable and fine metal; for importing a number of large jackasses from Spain; for a wheel for perpetual motion; and, finally, for an undertaking which shall in due time be revealed!

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The time for the last grand conflict for the recovery of their forfeited throne in Great Britain by the Stuarts was come. The Pretender had grown old and cautious, but the young prince, Charles Edward, who had been permitted by his father, and encouraged by France, to attempt this great object in 1744, had not at all abated his enthusiasm for it, though Providence had appeared to fight against him, and France, after the failure of Dunkirk, had seemed to abandon the design altogether. When he received the news of the battle of Fontenoy he was at the Chateau de Navarre, near Evreux, the seat of his attached friend, the young Duke de Bouillon. He wrote to Murray of Broughton to announce his determination to attempt the enterprise at all hazards. He had been assured by Murray himself that his friends in Scotland discountenanced any rising unless six thousand men and ten thousand stand of arms could be brought over; and that, without these, they would not even engage to join him. The announcement, therefore, that he was coming threw the friends of the old dynasty in Scotland into the greatest alarm. All but the Duke of Perth condemned the enterprise in the strongest terms, and wrote letters to induce him to postpone his voyage. But these remonstrances arrived too late; if, indeed, they would have had any effect had they reached him earlier. Charles Edward had lost no time in making his preparations.This branch of the rebel force was thus completely removed from the field, and on the same day a far more sanguinary conflict had taken place between the chief commanders on the two sides, Argyll and Mar, at Sheriffmuir.
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TWO:[210]Thus was another glorious chance for the utter dispersion of the American army thrown away by this most incompetent commander; and, as Washington saw that he had nothing to fear during the winter, except from the elements, he determined to encamp himself, so as to keep the British in constant anxiety about him. He selected a strong piece of ground at a place called Valley Forge, covered with wood. He set his soldiers to fell trees and make log-huts, the interstices of which they stopped with moss, and daubed up with clay. As they had plenty of fuel, they could thus pass the winter in some degree of comfort. A great number of his men were on the verge of the expiration of their term, and were impatient to return home; but he persuaded many to remain, and he employed them in throwing up entrenchments on the right of his camp, which was open towards the plain. His left was defended by the Schuylkill, and his rear by a steep precipice[240] descending to the Valley Creek. He began two redoubts, but he soon saw that there was no fear of Howe moving so long as the winter lasted, and he left them unfinished. And thus the winter went over, Howe lying snugly at Philadelphia, enjoying his wine and his cards, and apparently forgetful that there was any such place as Valley Forge within five-and-twenty miles of him.
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FORE:The progress that the electors had made in liberality of sentiment was evinced especially by two of the elections. Mr. Hume, the Radical reformer, the cold, calculating economist, the honest, plain-speaking man of the people, was returned for the county of Middlesex without opposition; and Mr. Brougham, a barrister, who owed nothing to family connectionswho, by the steadiness of his industry, the force of his character, the extent of his learning, and the splendour of his eloquence, devoted perseveringly for years to the popular cause, had won for himself, at the same time, the highest place in his profession, and the foremost position in the senatewas returned for Yorkshire. These counties had hitherto been the preserves of the great[319] landed proprietors. Lord Fitzwilliam, though the personal friend of Mr. Brougham, did not like this intrusion of a foreigner into that great county. Indeed, it had been sufficiently guarded against all but very wealthy men by the enormous expense of a contest. In 1826, when a contest was only threatened, and the election ended with a nomination, Mr. John Marshall's expenses amounted to 17,000; and, on a previous occasion, it was rumoured that Lord Milton had spent 70,000 in a contest. No wonder Brougham was a friend of Parliamentary Reform.Meanwhile the changes made in the Government offices betrayed the rising influence of Bolingbroke. The Duke of Shrewsbury was made Lord Lieutenant of Ireland; the Duke of Ormonde, a noted Jacobite, was appointed Warden of the Cinque Ports and Governor of Dover Castle, as if for the avowed purpose of facilitating the landing of the Pretender; Lord Lansdowne was made Treasurer of the Household; Lord Dartmouth, Privy Seal; Mr. Bromley, the Tory leader of the Commons, joint secretary with Bolingbroke; Benson, Chancellor of the Exchequer, was created Lord Bingley, and sent as ambassador to Spain; and Sir William Wyndham, till now a friend of Bolingbroke's, succeeded Benson as Chancellor. Thus Bolingbroke was surrounded by his friends in office, and became more daring in his rivalry with Oxford, and in his schemes to supplant the[13] House of Hanover and introduce the Pretender to the British throne.
FORE:This was going to the very heart of the question with that clear, searching sense for which Chatham was so distinguished. Lord Chancellor Camden, who had himself a strong and honest intellect, but not the moral courage of Chatham, had retained the Great Seal, though disapproving of the measures of his colleagues. Emboldened by the words of his friend, he now rose and expressed his regret for having so long suppressed his feelings. But, he added, "I will do so no longer; I will openly and boldly speak my sentiments. I now proclaim to the world that I entirely coincide in the opinions expressed by my noble friend, whose presence again reanimates us, touching this unconstitutional and illegal vote of the House of Commons.... By this violent and tyrannical conduct Ministers have alienated the minds of the people from his Majesty's GovernmentI had almost said from his Majesty's person!" After these words Camden could no longer remain Lord Chancellor.
FORE:The Parliamentary proceedings of 1839 were closed by an elaborate review of the Session by Lord Lyndhurst, which he continued annually for some time while the Liberals were in power. This display took place on the 24th of August, when the noble and learned lord moved for a return of all Bills that had arrived from the House of Commons since the commencement of the Session, with the dates at which they were brought up. He could point to the fact that Ministers had with difficulty carried a colourless Jamaica Bill, and had once more failed to pass the Irish Corporation Bill.[65]
TWO:The Archbishop of Canterbury moved the rejection of the Bill; and was supported by the Archbishops of York and Armagh, the Bishops of London, Durham, and Salisbury; Lords Winchilsea, Berkeley, Tenterden, and Eldon. The chief defenders of the measure were Lords Grey, Lansdowne, Plunket, Goderich, and Lyndhurst. On a division, the second reading was carried by 217 against 112. On the 10th of April the Bill was read a third time, by a majority of 104; the numbers being 213 for it, and 109 against it. The sweeping majorities in the Lords were still more astounding than those in the Commons; and they spread the utmost consternation through the ranks of the Conservatives, who felt as if the very foundations of society were giving way, and the pillars of the Constitution were falling. The Lords had hitherto thrown out the Emancipation Bills as fast as they came to them, by majorities varying from forty to fifty. Lord Eldon was their prophet, and the old Conservative peers had followed his guidance implicitly for a quarter of a century; but during that time a generation of hereditary legislators had grown up, who had as thorough a contempt for the ex-Chancellor's antiquated prejudices as he had for their youth and[298] inexperience. Lord Eldon had, however, some compensation for being thus deserted in the House of Peers by many of his followers, and having his authority as a statesman disregarded, as well as for the marked neglect of him by the Ministry, in the sympathy and confidence of the distressed king, who was shocked beyond measure at the conduct of the House of Lords. When a reluctant consent was wrung from his Majesty to have the measure brought forward by the Cabinet, he felt, after all, that he was doing nothing very rash; he had the strongest assurance that the Bill would never pass the Lords. He told Lord Eldon that, after the Ministers had fatigued him by many hours' conversation on the painful subject, he simply said, "Go on." But he also produced copies of letters which he had written, in which he assented to their proceeding with the Bill, adding, certainly, very strong expressions of the pain and misery the consent cost him. In his perplexity he evidently wished to avail himself of Eldon's casuistry to get out of the difficulty by retracting; but the latter was constrained to tell him "it was impossible to maintain that his assent had not been expressed, or to cure the evils which were consequential."

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TWO:[See larger version]The state of Ireland continued to excite the greatest alarm from the prorogation of Parliament to the end of the year. The language of the speakers in the Association became more violent, and the harangues of the priests more inflammatory. In the counties of Tipperary and Limerick large bodies of men were accustomed to assemble on Sundays, and to parade in military order, carrying banners. These bands were regularly organised and admirably commanded. The Irish Government, from time to time, reported the progress of this formidable organisation. In one place as many as 700 "cavalry" would assemble, with thousands of infantry, and go through military evolutions. These were surrounded by thousands of the peasantry. Amongst the persons thus paraded were some of the most abandoned characters in the country, men who had notoriously been concerned in the perpetration of murder, and for the apprehension of whom large rewards had been offered in vain by the Government. These demonstrations, as might be expected, excited the greatest alarm among the Protestants of the south, as well as the peaceably disposed Roman Catholics. One ominous circumstance connected with them was the fact that the dissuasions of the priests against the meetings in military array were disregarded. Mr. Lawless, an active member of the Association, marched northward at the head of 10,000 Roman Catholics. In the county of Monaghan, the Orangemen, apprised of their approach, took possession of the town of Ballyhay in large numbers, prepared to encounter the southern invaders of Ulster. As the Orangemen were well armed, and excited to the utmost, a bloody battle would have ensued, had not Lawless beaten a timely retreat. Getting out of his carriage, and mounting a swift horse, he galloped off, amidst the indignant shouts of his followers.
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TWO:The crisis of extreme difficulty to which Peel referred was occasioned by the power acquired by the Catholic Association, which had originated in the following manner. Early in 1823 Mr. O'Connell proposed to his brother barrister, Mr. Sheil, and a party of friends who were dining with Mr. O'Mara, at Glancullen, the plan of an association for the management of the Catholic cause. At a general meeting of the Roman Catholics, which took place in April, a resolution with the same design was carried, and on Monday, the 12th of May, the first meeting of the Catholic[250] Association was held in Dempsey's Rooms, in Sackville Street, Dublin. Subsequently it met at the house of a Catholic bookseller named Coyne, and before a month had passed it was in active working order. From these small beginnings it became, in the course of the year, one of the most extensive, compact, and powerful popular organisations the world had ever seen. Its influence ramified into every parish in Ireland. It found a place and work for almost every member of the Roman Catholic body; the peer, the lawyer, the merchant, the country gentleman, the peasant, and, above all, the priest, had each his task assigned him: getting up petitions, forming deputations to the Government and to Parliament, conducting electioneering business, watching over the administration of justice, collecting "the Catholic rent," preparing resolutions, and making speeches at the meetings of the Association, which were held every Monday at the Corn Exchange, when everything in the remotest degree connected with the interests of Roman Catholics or of Ireland was the subject of animating and exciting discussion, conducted in the form of popular harangues, by barristers, priests, merchants, and others. Voluminous correspondence was read by the secretary, large sums of rent were handed in, fresh members were enrolled, and speeches were made to a crowd of excited and applauding people, generally composed of Dublin operatives and idlers. But as the proceedings were fully reported in the public journals, the audience may be said to have been the Irish nation. And over all, "the voice of O'Connell, like some mighty minster bell, was heard through Ireland, and the empire, and the world."

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The secret of this wonderfully augmented boldness of tone on the part of France soon transpired. Choiseul had been endeavouring to secure the alliance of Spain, and saw himself about to succeed. Spain was smarting under many losses and humiliations from the English during the late war. Whilst General Wall, the Spanish minister at Madrid, urged these complaints on the Earl of Bristol, our ambassador there, Choiseul was dexterously inflaming the minds of the Spanish Court against Britain on these grounds. He represented it as the universal tyrant of the seas, and the sworn enemy of every other maritime state. He offered to assist in the recovery of Gibraltar, and to make over Minorca to Spain. By these means he induced Spain to go into what became the celebrated Family Compactthat is, a compact by which France and Spain bound themselves to mutually succour and support each other; and to admit the King of Naples, the son of the Spanish king, to this compact, but no prince or potentate whatever, except he were of the House of Bourbon.The distress which had pressed so severely on the people, and which had set them thinking about the most perilous political changes, was intimately connected with the state of the country. Throughout the troubled period of almost incessant war and lavish expenditure between 1797 and 1815, the business of the nation was carried on with an inconvertible paper currency, the precious metals having nearly all departed from the country. Bank notes were issued in such quantities, to meet the exigencies of the Government, that the prices of all commodities were nearly doubled. The Bill which was passed in 1819 providing for the resumption of cash payments had reduced the currency from 48,278,070, which was its amount in 1819, to 26,588,000, in 1822. The consequence was the reduction of prices in the meantime, at the rate of fifty per cent., in all the articles of production and commerce. With this tremendous fall of prices, the amount of liabilities remained unchanged; rents, taxes, and encumbrances were to be paid according to the letter of the contract, while the produce and commoditiesthe sale of which was relied upon to pay themdid not produce more than half the amount that they would have brought at the time of the contracts. The evil of this sudden change was aggravated by the South American Revolution, in consequence of which the annual supply of the precious metals was reduced to a third of its former amount. It was peculiarly unfortunate that this stoppage in the supply of gold and silver occurred at the very time that the Legislature had adopted the principle that paper currency should be regarded as strictly representing gold, and should be at any moment convertible into sovereigns. A paper currency should never be allowed[238] to exceed the available property which it represents, but it is not necessary that its equivalent in gold should be lying idle in the coffers of the Bank, ready to be paid out at any moment the public should be seized with a foolish panic. It is enough that the credit of the State should be pledged for the value of the notes, and that credit should not be strained beyond the resources at its command. The close of 1822 formed the turning-point in the industrial condition of the country. The extreme cheapness of provisions, after three years of comparative privation, enabled those engaged in manufacturing pursuits to purchase many commodities which they had hitherto not been able to afford. This caused a gradual revival of trade, which was greatly stimulated by the opening of new markets for our goods, especially in South America, to which our exports were nearly trebled in value between 1818 and 1823, when the independence of the South American Republics had been established. The confidence of the commercial world was reassured by the conviction that South America would prove an unfailing Dorado for the supply of the precious metals. The bankers, therefore, became more accommodating; the spirit of enterprise again took possession of the national mind, and there was a general expansion of industry by means of a freer use of capital, which gave employment and contentment to the people. This effect was materially promoted by the Small Note Bill which was passed in July, 1822, extending for ten years longer the period during which small notes were to be issued; its termination having been fixed by Peel's Bill for 1823. The average of bank-notes in circulation in 1822 was 17,862,890. In November of the following year it had increased by nearly two millions. The effect of this extension of the small note circulation upon prices was remarkable. Wheat rose from 38s. to 52s., and in 1824 it mounted up to 64s. In the meantime the bullion in the Bank of England increased so much that whereas in 1819 it had been only 3,595,360, in January, 1824, it amounted to 14,200,000. The effect of all these causes combined was the commencement of a reign of national prosperity, which burst upon the country like a brilliant morning sun, chasing away the chilling fogs of despondency, and dissipating the gloom in the popular mind.In this uneasy state of things Austria very unnecessarily put the match to the political train, and threw the whole of the south of Europe again into war. Don Joseph Molina, the Spanish Ambassador at Rome, being appointed Inquisitor-General at Spain, commenced his journey homewards, furnished with a passport from the Pope, and an assurance of safety from the Imperial Minister. Yet, notwithstanding this, he was perfidiously arrested by the Austrian authorities and secured in the citadel of Milan. The gross insult to Spain, and equally gross breach of faith, so exasperated the King and Queen of Spain that they would listen to nothing but war. The earnest expostulations of Alberoni, delivered in the form of a powerful memorial, were rejected, and he was compelled to abandon the cherished hopes of peaceful improvement and make the most active preparations for war.EDMUND BURKE. (After the portrait by George Romney.)
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