FORE: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.Various causes, in fact, were operating to produce a great schism in the Ministry of George I. Townshend, as we have seen, had very unguardedly expressed his disgust with the measures of the king at and concerning Hanover. George's dislike was, of course, fomented by his courtiers and mistresses, and they found a powerful ally in Sunderland, who, tired of his subordinate position in the Ministry, had joined the king in Hanover. A letter from Townshend, in which, in order to allow the longer absence of the king, he recommended that additional powers should be conferred on the Prince of Wales, brought George's indignation to a head. This letter, which arrived about the middle of December, seemed to cause his anger to burst all bounds, and he vowed that he would dismiss Townshend at once from his service.
THREE:The trial of the chief prisoner lasted nine days. The jury brought in a verdict of guilty, but unanimously and strongly prayed that his life might be spared. It was generally understood that this recommendation would be acted upon, especially as the insurgents had killed none of the Queen's subjects, and their leader had done all in his power to dissuade them from the perpetration of crime. McManus and Meagher were next tried, and also found guilty, with a similar recommendation to mercy. When they were asked why sentence of death should not be passed upon them, Smith O'Brien answered that he was perfectly satisfied with the consciousness of having performed his duty to his country, and that he had done only what, in his opinion, it was the duty of every Irishman to have done. This no doubt would have been very noble language if there had been a certainty or even a likelihood that the sentence of death would be executed, but as no one expected it, there was perhaps a touch of the melodramatic in the tone of defiance adopted by the prisoners. The Government acted towards them with the greatest forbearance and humanity. They brought a writ of error before the House of Lords on account of objections to the jury panel; but the sentence of the court was confirmed. The sentence of death was commuted to transportation for life; but they protested against this and insisted on their legal right to be either hanged or set free, in consequence of which an Act was passed quickly through Parliament to remove all doubt about the right of the Crown to commute the sentence. The convicts were sent to Van Diemen's Land, where they were allowed to go about freely, on their parole. Meagher and McManus ultimately escaped to America, and Smith O'Brien after some years obtained a free pardon, and was permitted to return home to his family, but without feeling the least gratitude to the Government, or losing the conviction that he had only done his duty to his country. Mr. (afterwards Sir) Gavan Duffy was tried for high treason in Dublin, in February, 1849, but the jury disagreed. He was again tried in April following, when the same thing occurred, and Mr. Duffy gave security to appear again, if required, himself in ��1,000.
Amount Pending For Approval
THREE:Dr. Erasmus Darwin assumed the hopeless task of chaining poetry to the car of science. He was a physician of Derby, and, like Sir Richard Blackmore, "rhymed to the rumbling of his own coach wheels;" for we are told that he wrote his verses as he drove about to his patients. His great poem is the "Botanic Garden," in which he celebrates the loves of the plants, and his "Economy of Vegetation," in which he introduces all sorts of mechanical inventions. Amongst the rest he announces the triumphs of steam in sonorous rhymes��The Duke of Cumberland, being called southward, had got General Hawley appointed to the command of the army sent after the Young Pretender. Wade was become too old and dilatory, but Hawley was much fitter for a hangman than a general. Horace Walpole says he was called "the Lord Chief Justice," because, like Jeffreys, he had a passion for executions; that when the surgeons solicited the body of a deserter, which was dangling before Hawley's windows, for dissection, he would only consent on condition that he had the skeleton to ornament the guard room. Hearing of his approach, Charles drew in his forces from Falkirk under Lord George, left a few hundred men to blockade Stirling, and concentrated his army on the renowned field of Bannockburn. On the 16th of January Charles, expecting Hawley, drew up his forces, but no enemy appeared. The next day, still perceiving no Hawley, he advanced to Pleanmuir, two miles east of Bannockburn, and on the way to Torwood. No enemy yet appearing, the prince determined to advance and find him out. Hawley was so confident of dispersing the Highland rabble at any moment that he chose, that he had neglected every military precaution, had fixed no outposts, and was away at Callander House, at some distance from the field, comfortably taking luncheon with Lady Kilmarnock, whose husband was in the rebel army, and who was exerting all her powers of pleasing to detain the foolish general as long as possible. At length, when the rebels had come up so near that there was only Falkirk Moor between the armies, Hawley, roused by fresh messengers, came galloping up without his hat, and in the utmost confusion. In the middle of this rugged and uneven moor, covered with heath, rose a considerable ridge, and it appeared to be a race between the two enemies which should gain the advantage of the summit. On the one side galloped the English cavalry, on the other sped the Highlanders, straining for this important height; but the fleet-footed Gael won the ground from the English horse, and Hawley's horse halted a little below them. Neither of the armies had any artillery, for the Highlanders had left theirs behind in their rapid advance, and Hawley's had stuck fast in the bog. So far they were equal; but the prince, by taking a side route, had thrown the wind in the teeth of the English, and a storm of rain began with confounding violence to beat in their faces. The English cavalry remained, as it had galloped up, in front, commanded, since the death of Gardiner, by Colonel Ligonier, and the infantry formed, like the Highlanders, in two lines, the right commanded by General Huske, and the left by Hawley. Behind, as a reserve, stood the Glasgow regiment and the Argyll militia. The order being given, the cavalry under Ligonier charged the Macdonalds, who coolly waited till the English horse was within ten yards of them, when they poured such a murderous volley into them as dropped a frightful number from their saddles, and threw the whole line into confusion. The Frasers immediately poured an equally galling cross-fire into the startled line, and the two dragoon regiments which had fled at Coltbridge and Prestonpans waited no longer, but wheeling round, galloped from the field at their best speed. The Macdonalds, seeing the effect of their fire, in spite of Lord George Murray's endeavours to keep them in order, rushed forward, loading their pieces as they ran, and fell upon Hawley's two columns of infantry. Having discharged their pieces, they ran in upon the English with their targets and broadswords. The left soon gave way, and Hawley, who had got involved in the crowd of flying horse, had been swept with them down the hill, and thus had no means of keeping them to their colours. On the right of the royal army, however, the infantry stood firm, and as the Highlanders could not cross the ravine to come to close quarters with sword and target, they inflicted severe slaughter upon them; and Cobham's cavalry rallying, soon came to their aid and protected their flank, and[104] increased the effect on the Highlanders, many of whom began to run, imagining that the day was lost. Charles, from his elevated position observing this extraordinary state of things, advanced at the head of his second line, and checked the advance of the English right, and, after some sharp fighting, compelled them to a retreat. But in this case it was only a retreat, not a flight. These regiments retired, with drums beating and colours flying, in perfect order. A pursuit of cavalry might still have been made, but the retreat of the English was so prompt, that the Highlanders suspected a stratagem; and it was only when their scouts brought them word that they had evacuated Falkirk that they understood their full success (January 18, 1746).
Pending For New Events
THREE:But the Peace of Vienna was now concluded, and, on the 30th of October, Baron Lichtenthurm appeared in the camp of the Tyrolese, and delivered a letter to the leaders from the Archduke John, requesting them peaceably to disperse, and surrender the country to the Bavarians. This was a terrible blow to these brave men. They appeared prostrated by the news, and Hofer announced to Spechbacher, who was still fighting with the Bavarians, that peace was made with France, and that the Tyrol was forgotten! Hofer returned to his native vale of Passeyr, and still held out against the French, and the Italian mercenaries under Rusca, whom he defeated with great slaughter. But traitors were amongst them, who guided the French to their rear. Hofer escaped into the higher Alps, but thirty of the other leaders were taken and shot without mercy. Another traitor guided the French to Hofer's retreat in the high wintry Alps. He had been earnestly implored to quit the country, but he refused. As the French surrounded his hut, on the 17th of February, 1810, he came out calmly and submitted. He was carried to the fortress of Mantua, and Napoleon sent an order that he should be shot within four-and-twenty hours. He would not suffer himself to be blindfolded, nor would he kneel, but exclaimed��"I stand before my Creator, and, standing, I will restore to Him the spirit He gave!" Thus died, on the 20th of February, 1810, the brave Hofer��another murdered man, another victim of the sanguinary vengeance of Buonaparte against whatever was patriotic and independent.Clive, a young clerk of the Company's, at Madras, had deserted his desk, taken a commission, and, as early as 1748, had distinguished himself by baffling the French commanders Dupleix and Bussy, at Pondicherry. In 1751 he had taken Arcot from Chunda Sahib, the Viceroy of the Carnatic, and, aided by the Mahrattas, defeated Rajah Sahib, the son of Chunda, in a splendid victory at Arnee. In 1752 he raised the siege of Trichinopoly, where the Nabob of Arcot was besieged by the French. In 1755, landing at Bombay from England, he, with Admiral Watson, made an expedition to Gheriah, the stronghold of the celebrated pirate Angria, demolished it, and seized the spoils, valued at one hundred and twenty thousand pounds. In 1757 he took Calcutta from the Nabob Surajah Dowlah, the ally of the French, who had captured it, and shut up the English prisoners in the memorable Black Hole, where, in one night (June 20, 1756), out of one hundred and forty-six persons, one hundred and twenty-three perished. Clive also captured the city of Hooghly, defeated Dowlah, and compelled him to cede the town and vicinity. He then drove the French from their factory of Chandernagore; marched forward on Moorshedabad, defeated Surajah Dowlah in a battle extraordinary for the rout of an immense army by a mere handful of men, at Plassey (1757); deposed him, and seated on his throne Meer Jaffier. From this day dates British supremacy in India.
To Be Made For New Orders
THREE:The restrictions, however, if not to any great extent a practical grievance, were felt to be a stigma utterly undeserved, and the necessity for an annual Indemnity Act continually reminded a large, influential, intelligent, energetic portion of the nation of their inferiority to the rest of the king's subjects. The Government felt that public opinion was against them. They therefore allowed the Bill to go into committee without opposition, and there they adopted it as their own by carrying certain amendments. It passed the Commons by a majority of 44, the numbers being 237 to 193. From the tone of the debate in the Commons it was evident that the Government was not sorry to be left in a minority. In the House of Lords the measure encountered more opposition. Lord Eldon, exasperated with the treatment he had received from the Ministers, denounced it with the utmost vehemence. When he heard of its success in the Lower House, he was in a state of consternation.Charles was anxious to follow up his victory by marching directly into England, trusting to the effect of this signal triumph to bring all inclined to the Stuart dynasty to his standard. He was confident that if he met with anything like success on the way, a rapid march would put London in his possession. And, in truth, such was the miserably misgoverned condition of the country at the time, that, had he come with a tolerable French army, nothing could have prevented him from becoming master of the kingdom. Never was England so thoroughly exposed to foreign danger, so utterly unarmed and unprotected,[98] whilst it had been sending such armaments to the Continent. Fortunately, the French had not supported the Pretender on this occasion, as they had promised, and fortunately, too, when Charles came to review the army with which he proposed to enter England, there remained of it only one thousand four hundred men. The rest had gone home with their booty; nay, some had gone and were returning, not to fight, but to carry off more which they had concealed.
That Should Be Resolved Now
FORE:[277]
