On the retirement of Townshend, Walpole reigned supreme and without a rival in the Cabinet. Henry Pelham was made Secretary at War; Compton Earl of Wilmington Privy Seal. He left foreign affairs chiefly to Stanhope, now Lord Harrington, and to the Duke of Newcastle, impressing on them by all means to avoid quarrels with foreign Powers, and maintain the blessings of peace. With all the faults of Walpole, this was the praise of his political system, which system, on the meeting of Parliament in the spring of 1731, was violently attacked by Wyndham and Pulteney, on the plea that we were making ruinous treaties, and sacrificing British interests, in order to benefit Hanover, the eternal millstone round the neck of England. Pulteney and Bolingbroke carried the same attack into the pages of The Craftsman, but they failed to move Walpole, or to shake his power.
Walpole was instantly on the alert on this startling discovery. He prevailed on the king to put off his journey to Germany. Troops were drawn round London and a camp was formed in Hyde Park. The king took up his residence at Kensington, in the midst of the soldiers, and the Prince of Wales retired to Richmond. General Macartney was dispatched for still more troops from Ireland; some suspected persons were arrested in Scotland; the States of Holland were solicited to have ships and soldiers in readiness; an order was obtained from the Court of Madrid to forbid the embarkation of Ormonde; and General Churchill was dispatched to Paris to make all secure with the Regent. Atterbury was arrested on the 24th of August.
ONE:[See larger version]The king, who had set out on his long-premeditated visit to Ireland, leaving his wife on her death-bed, was already at Holyhead when he received the tidings of her decease. From that port Lord Londonderry wrote a note to the Lord Chancellor, in which he said, "I add this private note to the letter which the king has directed me to write, to say that his Majesty is quite well, and has evinced, since the intelligence of the queen's death was received, every disposition to conform to such arrangements and observances as might be deemed most becoming upon an occasion which cannot be regarded in any other light than as the greatest of all possible deliverances, both to his Majesty and to the country. The king feels assured that the events to which my letters refer, once in your hands, will be sifted to the bottom and wisely decided; and to the advice he may receive there will be every disposition on his Majesty's part to conform; but where papers[217] connected with his daughter, as well as other branches of his family, are in question, your lordship will estimate the deep interest the king takes in your giving the whole your best consideration."
The new Parliament met on the 14th of November. Mr. Manners Sutton was re-elected Speaker. A week was spent in the swearing-in of members, and on the 21st the Session was opened by the king in person. In the Royal Speech allusion was made to the throwing open of the ports for the admission of foreign grain, and the distress that had visited the manufacturing districts. The Address was carried in the Upper House without a division, and in the Lower House an amendment, moved by Mr. Hume, found only twenty-four supporters. On the 5th of December Alderman Waithman moved for a committee of inquiry with reference to the part taken by members of Parliament in the Joint Stock mania of 1824-5-6. He stated that within the last three years six hundred joint-stock companies had been formed, most of them for dishonest purposes. The directors of these fraudulent schemes worked with the market as they pleased, forcing up the prices of shares to sell, and depressing them to buy, pocketing the difference. He dwelt particularly on the Arignon Mining Company, of which the late chairman of the Committee of Ways and Means, Mr. Brogden, had been a director. The directors of this company, besides an allowance of three guineas per day for the use of their names, had divided between them a large surplus, arising from traffic in shares. Other members of the House, he alleged, had enriched themselves by bubble companies, particularly Sir William Congreve. At the suggestion of Mr. Canning, the inquiry was restricted to the Arignon Company. A vast amount of loss and suffering had been inflicted by these bubble companies. A check was given to the steady and wholesome progress of the country by the fever of excitement, followed by a sudden and terrible collapse. Healthful commerce was blighted, and one of the worst results of the revulsion was that it not only swept away the delusive projects of adventurers, but paralysed for a season the operations of legitimate enterprise. The commercial atmosphere, however, had been cleared by the monetary crisis of 1825-6. An extensive decomposition of commercial elements was effected. Masses of fictitious property were dispersed, and much of the real capital of the country was distributed in new and safe channels, which caused the year 1827 to open with more cheering prospects.In much the same way the silk industry had been protected by prohibitory legislation, of which the only effect was to convert smuggling into an important trade. Again, the manufacturers petitioned for the removal of the duties upon spun silk, but were eager to exclude foreign manufactured silks. On the other hand, the silk spinners were opposed to the introduction of spun silk, but desired the removal of duties upon raw silk, while the journeymen believed that ruin stared them in the face if foreign manufactured silks were introduced. Robinson, with Huskisson's assistance, decided to admit foreign silk on an ad valorem duty of 30 per cent. At the same time he largely reduced the duties on the raw material. The duty on Indian silk was reduced from 4s. to 3d., that on Chinese and Italian silks from 5s. 6d. to 6d., that on organzine from 14s. 10d. to 7s. 6d. a pound. The manufacturers vowed and protested that they were ruined; in ten years' time they were exporting to France, their former rival, 60,000 worth of manufactured silk.Though a declaration of war had been issued both against France and Holland, there had been none against Spain. But Ministers hearing that a strong Spanish armament was being equipped in the port of Ferrol, and that French soldiers were expected to join and sail in it, despatched Captain Graham Moore, the brother of Sir John Moore, with four frigates to intercept four Spanish treasure-ships. The proceeding was certainly high-handed, but Ministers were justified by their knowledge that Spain paid subsidies to France. The Spaniards were furious in their indignation; an order was speedily issued to make reprisals on British ships and property, and on the 12th of December war was formally proclaimed against us.The main subject for consideration at that moment was the policy of continuing the Act for the suppression of the Catholic Association, which was to expire at the end of the Session of 1828. In connection with this subject a letter from Lord Anglesey came under the Ministry's consideration. "Do keep matters quiet in Parliament," he said, "if possible. The less that is said of Catholic and Protestant the better. It would be presumptuous to form an opinion, or even a sanguine hope, in so short a time, yet I cannot but think there is much reciprocal inclination to get rid of the bugbear, and soften down asperities. I am by no means sure that even the most violent would not be glad of an excuse for being less violent. Even at the Association they are at a loss to keep up the extreme irritation they had accomplished; and if they find they are not violently opposed, and that there is no disposition on the part of Government to coercion, I do believe they will dwindle into moderation. If, however, we have a mind to have a good blaze again, we may at once command it by re-enacting the expiring Bill, and when we have improved it and rendered it perfect, we shall find that it will not be acted upon. In short, I shall back Messrs. O'Connell's and Sheil's, and others' evasions against the Crown lawyers' laws."In May the gingham-weavers of Carlisle and that neighbourhood held a similar gathering, and in June meetings were held on Hunslet Common, near Leeds, at Glasgow, Ashton-under-Lyne, and other places. The meeting at Glasgow, on the 16th of June, was held on the Green, and amounted to thirty or forty thousand people. They complained of the low wages for cotton-weaving, and proposed a petition to the Prince Regent, praying that he would enable them to get over to Canada, promising that all such as received that favour should repay the outlay by yearly instalments. But the bulk of the assembly protested against emigration, asserting that the remedy for their distresses lay in annual parliaments, universal suffrage, and the consequent reduction of taxation; and they proposed that they should march up to London in a body, and present their petition to the Prince Regent in person. At Ashton the chair was taken by the Rev. Joseph Harrison, and the strange creature called Dr. Healey, of whom Bamford gives an extraordinary account in his "Life of a Radical," made a most wild and seditious harangue. At a great meeting at Stockport, on the 28th of the same month, a very different personage presided. This was Sir Charles Wolseley, of Wolseley Park, in Staffordshire. Sir Charles said that he had been engaged in the outbreak of the French Revolution, and had assisted in the taking of the Bastille, and that he would spend his last drop of blood, if it were necessary, in destroying the Bastilles of his own country. The acquisition of such an advocate of Reform was not likely to be received with apathy. Sir Charles was invited to preside at a similar meeting at New Hall, near Birmingham, on the 12th of July. At this meeting he was elected "legislatorial attorney and representative" for that town. This was a circumstance that excited the alarm of Government. They immediately issued warrants for the apprehension both of Sir Charles and of Dr. Harrison for seditious expressions used at the Stockport meeting. Sir Charles was arrested at his own house, at Wolseley Park; and Harrison was taken on the platform of a public meeting, at Smithfield, in London, on the 21st of July, at which Hunt was presiding. On conveying Harrison to Stockport, the constable who arrested him was attacked by the mob, and a pistol was fired at him, the ball of which lodged in his body.