BestLightNovel.com

A Modern History, From the Time of Luther to the Fall of Napoleon Part 30

A Modern History, From the Time of Luther to the Fall of Napoleon - BestLightNovel.com

You’re reading novel A Modern History, From the Time of Luther to the Fall of Napoleon Part 30 online at BestLightNovel.com. Please use the follow button to get notification about the latest chapter next time when you visit BestLightNovel.com. Use F11 button to read novel in full-screen(PC only). Drop by anytime you want to read free – fast – latest novel. It’s great if you could leave a comment, share your opinion about the new chapters, new novel with others on the internet. We’ll do our best to bring you the finest, latest novel everyday. Enjoy

[Sidenote: Character of the Duke of Newcastle.]

The character of the Duke of Newcastle is thus sketched by Horace Walpole; "He had no pride, but infinite self-love. Jealousy was the great source of all his faults. There was no expense to which he was addicted but generosity. His houses, gardens, table, and equipage, swallowed immense sums, and the sums he owed were only exceeded by those he wasted. He loved business immoderately, but was always doing it; he never did it. His speeches were copious in words, but empty and unmeaning, his professions extravagant, and his curiosity insatiable.

He was a secretary of state without intelligence, a duke without money, a man of infinite intrigue without secrecy, and a minister hated by all parties, without being turned out by either." "All able men," adds Macaulay, "ridiculed him as a dunce, a driveller, a child who never knew his own mind an hour together; and yet he overreached them all."

[Sidenote: Unpopularity of the Pelhams.]

The Pelham administration cannot, on the whole, be called fortunate, nor, on the other hand, a disgraceful one. The Pelhams "showed themselves," says Smyth, "friendly to the principles of mild government." With all their faults, they were tolerant, peaceful, prudent; they had the merit of respecting public opinion; and though they were not fitted to advance the prosperity of their country by any exertions of political genius, they were not blind to such opportunities as fairly presented themselves. But they were not fitted for the stormy times in which they lived, and quietly yielded to the genius of a man whom they did not like, and whom the king absolutely hated. George II., against his will, was obliged to intrust the helm of state to the only man in the nation capable of holding it.

The administration of William Pitt is emphatically the history of the civilized world, during a period of almost universal war. It was for his talents as a war minister that he was placed at the head of the government, and his policy, like that of his greater son, in a still more stormy epoch, was essentially warlike. In the eyes of his contemporaries, his administration was brilliant and successful, and he undoubtedly raised England to a high pitch of military glory; but glory, alas! most dearly purchased, since it led to the imposition of taxes beyond a parallel, and the vast increase of the national debt.

[Sidenote: Rise of William Pitt.]

He was born in 1708, of good family, his grandfather having been governor of Madras, and the purchaser of the celebrated diamond which bears his name, and which was sold to the regent of France for one hundred and thirty-five thousand pounds. William Pitt was sent to Oxford at the age of seventeen, and at twenty-seven, became a member of parliament. From the first, he was heard with attention, and, when years and experience had given him wisdom and power, his eloquence was overwhelming. No one ever equalled him in brilliant invective and scorching sarcasm. He had not the skill of Fox in debate, nor was he a great reasoner, like Murray; he did not talk philosophy, like Burke, nor was he master of details, like his son; but he had an air of sincerity, a vehemence of feeling, an intense enthusiasm, and a moral elevation of sentiment, which bore every thing away before him.

When Walpole was driven from power, Pitt exerted his eloquence in behalf of the Pelham government. Being personally obnoxious to the king, he obtained no office. But he was not a man to be amused by promises long, and, as he would not render his indispensable services without a reward, he was made paymaster of the forces--a lucrative office, but one which did not give him a seat in the cabinet. This office he retained for eight years, which were years of peace. But when the horizon was overclouded by the death of Henry Pelham, in 1754, and difficulties arose between France and England respecting North America and the East Indies; when disasters in war tarnished the glory of the British arms, and the Duke of Newcastle showed his incapacity to meet the national crisis, Pitt commenced a furious opposition. Of course he was dismissed from office. But the Duke of Newcastle could not do without him, and the king was obliged to call him into the cabinet as secretary of state, in 1756. But the administration did not work. The king opposed the views of Pitt, and he was compelled to resign. Then followed disasters and mistakes. The resignation of the Duke of Newcastle became an imperative necessity.

Despondency and gloom hung over the nation, and he was left without efficient aid in the House of Commons. Nothing was left to the king but to call in the aid of the man he hated; and Pitt, as well as Legge, were again reinstated, the Duke of Devons.h.i.+re remaining nominally at the head of the administration.

But this administration only lasted five months, during which Admiral Byng was executed, and the Seven Years' War, of which Frederic of Prussia was the hero, fairly commenced. In 1757, Pitt and his colleague were again dismissed. But never was popular resentment more fierce and terrible. Again was the king obliged to bend to the "great commoner." An arrangement was made, and a coalition formed. Pitt became secretary of state, and virtual premier, but the Duke of Newcastle came in as first lord of the treasury. But Pitt selected the cabinet. His brother-in-law, Lord Temple, was made keeper of the privy seal, and Lord Grenville was made treasurer of the navy; Fox became paymaster of the forces; the Duke of Bedford received the lord lieutenancy of Ireland; Hardwicke, the greatest lawyer of his age became lord chancellor; Legge, the ablest financier, was made chancellor of the exchequer. Murray, a little while before, had been elevated to the bench, as Lord Mansfield. There was scarcely an eminent man in the House of Commons who was not made a member of the administration. All the talent of the nation was laid at the feet of Pitt, and he had the supreme direction of the army and of foreign affairs.

Then truly commenced the brilliant career of Pitt. He immediately prosecuted hostilities with great boldness, and on a gigantic scale.

Immense armies were raised and sent to all parts of the world.

[Sidenote: Brilliant Military Successes.]

But nothing raised the reputation of Pitt so highly as military operations in America. He planned, immediately on his a.s.sumption of supreme power as virtual dictator of England, three great expeditions--one against Louisburg, a second against Ticonderoga, and a third against Fort Du Quesne. Two of these were attended with triumphant success, (1758.)

Louisburg, which had been surrendered to France by the treaty of Aix la Chapelle, was reduced by General Amherst, though only with a force of fourteen thousand men.

General Forbes marched, with eight thousand men, against Fort Du Quesne; but it was abandoned by the enemy before he reached it.

Ticonderoga was not, however, taken, although the expedition was conducted by General Abercrombie, with a force of sixteen thousand men.

Thus nearly the largest military force ever known at one time in America was employed nearly a century ago, by William Pitt, composed of fifty thousand men, of whom twenty-two thousand were regular troops.

[Sidenote: Military Successes in America.]

The campaign of 1759 was attended with greater results than even that of the preceding year. General Amherst succeeded Abercrombie, and the plan for the reduction of Canada was intrusted to him for execution.

Three great expeditions were projected: one was to be commanded by General Wolfe, who had distinguished himself at the siege of Louisburg, and who had orders from the war secretary to ascend the St.

Lawrence, escorted by the fleet, and lay siege to Quebec. The second army, of twelve thousand men, under General Amherst, was ordered to reduce Ticonderoga and Crown Point, cross Lake Champlain, and proceed along the River Richelieu to the banks of the St. Lawrence, join General Wolfe, and a.s.sist in the reduction of Quebec. The third army was sent to Fort Niagara, the most important post in French America, since it commanded the lakes, and overawed the whole country of the Six Nations. After the reduction of this fort, the army was ordered down the St. Lawrence to besiege Montreal.

That this project was magnificent, and showed the comprehensive military genius of Pitt, cannot be doubted. But that it was easy of execution may well be questioned, when it is remembered that the navigation of the St. Lawrence was difficult and dangerous; that the fortifications and strength of Quebec were unrivalled in the new world; that the French troops between Montreal and Quebec numbered nine thousand men, besides Indians, commanded, too, by so great a general as Montcalm. Still all of these expeditions were successful.

Quebec and Niagara were taken, and Crown Point and Ticonderoga were abandoned.

The most difficult part of the enterprise was the capture of Quebec, which was one of the most brilliant military exploits ever performed, and which raised the English general to the very summit of military fame. He was disappointed in the expected cooperation of General Amherst, and he had to take one of the strongest fortresses in the world, defended by troops superior in number to his own. He succeeded in climbing the almost perpendicular rock on which the fortress was built, and in overcoming a superior force. Wolfe died in the attack, but lived long enough to hear of the flight of the enemy. Nothing could exceed the tumultuous joy in England with which the news of the fall of Quebec was received; nothing could surpa.s.s the interest with which the distant expedition was viewed; and the depression of the French was equal to the enthusiasm of the English. Wolfe gained an immortal name, and a monument was erected to him in Westminster Abbey.

But Pitt reaped the solid and substantial advantages which resulted from the conquest of Canada, which soon followed the reduction of Quebec. He became the nation's idol, and was left to prosecute the various wars in which England was engaged, in his own way.

[Sidenote: Victories of Clive in India.]

While the English armies, under the direction of Pitt, were wresting from the French nearly all their possessions in America, Clive was adding a new empire to the vast dominions of Great Britain. India was conquered, and the British power firmly planted in the East. Moreover, the English allies on the continent--the Prussians--obtained great victories, which will be alluded to in the chapter on Frederic the Great. On all sides the English were triumphant, and were intoxicated with joy. The stocks rose, and the bells rang almost an incessant peal for victories.

In the midst of these public rejoicings, King George II. died. He was a sovereign who never secured the affections of the nation, whose interests he sacrificed to those of his German electorate, "He had neither the qualities which make libertinism attractive nor the qualities which make dulness respectable. He had been a bad son, and he made a worse father. Not one magnanimous action is recorded of him, but many meannesses. But his judgment was sound, his habits economical, and his spirit bold. These qualities prevented him from being despised, if they did not make him honored."

His grandson, George III., entered upon his long reign, October, 1760, in the twenty-third year of his age, and was universally admitted to be the most powerful monarch in Christendom--or, rather, the monarch of the most powerful kingdom. He, or, rather, his ministers, resolved to prosecute the war with vigor, and parliament voted liberal supplies. The object of Pitt was the humiliation of both France and Austria, and also the protection of Prussia, struggling against almost overwhelming forces. He secured his object by administering to the nation those draughts of flattery and military glory which intoxicated the people.

[Sidenote: Resignation of Pitt.]

However sincere the motives and brilliant the genius of the minister, it was impossible that a practical nation should not awake from the delusion, which he so powerfully contributed to produce. People at last inquired "why England was to become a party in a dispute between two German powers, and why were the best English regiments fighting on the Maine?" What was it to the busy shopkeeper of London that the Tower guns were discharged, and the streets illuminated, if he were to be additionally taxed? Statesmen began to calculate the enormous sums which had been wasted in an expensive war, where nothing had been gained but glory. Besides, jealousies and enmities sprung up against Pitt. Some were offended by his haughtiness, and others were estranged by his withering invective. And his enemies were numerous and powerful. Even the cabinet ministers, who were his friends, turned against him. He wished to declare war against Spain, while the nation was bleeding at every pore. But the cabinet could not be persuaded of the necessity of the war, and Pitt, of course, resigned. But it was inevitable, and took place under his successor. Pitt left the helm of state with honor. He received a pension of three thousand pounds a year, and his wife was made a baroness.

The Earl of Bute succeeded him as premier, and was the first Tory minister since the accession of the house of Hanover. His watchword was _prerogative_. The sovereign should no longer be a gilded puppet, but a real king--an impossible thing in England. But his schemes pleased the king, and Oxford University, and Dr. Johnson; while his administration was a.s.sailed with a host of libels from Wilkes, Churchill, and other kindred firebrands.

His main act was the peace he secured to Europe. The Whigs railed at it then, and rail at it now; and Macaulay falls in with the lamentation of his party, and regrets that no better terms should have been made. But what can satisfy the ambition of England? The peace of Paris, in 1763, stipulated that Canada, with the Island of St. John, and Cape Breton, and all that part of Louisiana which lies east of the Mississippi, except New Orleans, should be ceded to Great Britain, and that the fortifications of Dunkirk should be destroyed; that Spain should relinquish her claim to fish on the Banks of Newfoundland, should permit the English to cut mahogany on the sh.o.r.es of Honduras Bay, and cede Florida and Minorca to Great Britain. In return for these things, the French were permitted to fish on the Banks of Newfoundland, and the Islands of Martinique, Guadaloupe, Belleisle, and St. Lucia were restored to them, and Cuba was restored to Spain.

[Sidenote: Peace of Paris.]

The peace of Paris, in 1763, const.i.tutes an epoch; and we hence turn to survey the condition of France since the death of Louis XIV., and also other continental powers.

REFERENCES.--Archdeacon c.o.xe's History of the Pelham Administration. Thackeray's Life of Lord Chatham. Macaulay's Essay on Chatham. Horace Walpole's Reminiscences. Smyth's Lectures on Modern History. Jesse's Memoirs of the Pretenders. Graham's History of the United States, an exceedingly valuable work, but not sufficiently known. Lord Mahon's, Smollett's, Tyndal's, and Belsham's, are the standard histories of England, at this period; also, the continuation of Mackintosh, and the Pictorial History, are valuable. See also the Marchmont Papers, Ray's History of the Rebellion, Horace Walpole's Memoirs of George II., Lord Waldegrave's Memoirs, and Doddington's Diary.

CHAPTER XXII.

LOUIS XV.

The reign of Louis XV. was one of the longest on record extending from 1715 to 1774--the greater part of the eighteenth century. But he was a child, only five years of age, on the death of his great grandfather, Louis XIV.; and, even after he came to his majority, he was ruled by his ministers and his mistresses. He was not, like Louis XIV., the life and the centre of all great movements in his country. He was an automaton, a pageant; not because the const.i.tution imposed checks on his power, but because he was weak and vacillating. He, therefore, performing no great part in history, is only to be alluded to, and attention should be mainly directed to his ministers.

[Sidenote: Regency of the Duke of Orleans.]

During the minority of the king, the reins of government were held by the Duke of Orleans, as regent, and who, in case of the king's death, would be the next king, being grand-nephew of Louis XIV. The administration of the Duke of Orleans is nearly contemporaneous with that of Sir Robert Walpole. The most pressing subject which demanded the attention of the regent, was that of the finances. The late king had left a debt of one thousand millions of livres--an enormous sum in that age. To get rid of this burden, the Duke of St. Simon proposed a bankruptcy. "This," said he, "would fall chiefly on the commercial and moneyed cla.s.ses, who were not to be feared or pitied; and would, moreover, be not only a relief to the state, but a salutary warning to the ign.o.ble cla.s.ses not to lend their money." This speech ill.u.s.trates the feelings and opinions of the aristocratic cla.s.s in France, at that time. But the minister of finance would not run the risk of incurring the popular odium which such a measure would have produced, and he proposed calling together the States General. The regent duke, however, would not hear of that measure, and yet did not feel inclined to follow fully the advice of St. Simon. He therefore compromised the matter, and resolved to rob the national creditor. He established a commission to verify the bills of the public creditors, and, if their accounts did not prove satisfactory, to cancel them entirely. Three hundred and fifty millions of livres--equal, probably, to three hundred millions of dollars in this age--were thus swept away. But it was resolved not only to refuse to pay just debts, but to make people repay the gains which they had made. Those who had loaned money to the state, or had farmed the revenues, were flung into prison, and threatened with confiscation of their goods, and even death,--treated as Jews were treated in the Dark Ages,--unless they redeemed themselves by purchasing a pardon. Never before did men suffer such a penalty for having befriended an embarra.s.sed state. To this injustice and cruelty the magistracy winked. But, in addition to this, the coin was debased to such an extent, that seventy-two millions of livres were thus added to the treasury. Yet even these gains were not enough to satisfy a profligate government. There still continued a constant pressure. The national debt had increased even to fifteen hundred millions of livres, or almost seventy millions sterling--equivalent to what would now be equal to at least one thousand millions of dollars.

[Sidenote: John Law.]

To get rid of this debt, the regent listened to the schemes of the celebrated John Law, a Scotch adventurer and financier, who had established a bank, had grown rich, and was reputed to be a wonderful political economist.

Law proposed, in substance, to increase the paper currency of the country, and thus supersede the necessity for the use of the precious metals.

The regent, moreover, having great faith in Law's abilities, and in his wealth, converted his private bank into a royal one--made it, in short, the Bank of France. This bank was then allied with the two great commercial companies of the time--the East India and the Mississippi. Great privileges were bestowed on each. The latter had the exclusive monopoly of the trade with Louisiana, and all the countries on the Mississippi River, and also of the fur trade in Canada. Louisiana was then supposed to be rich in gold mines, and great delusions arose from the popular notion.

[Sidenote: Mississippi Company.]

The capital of this gigantic corporation was fixed at one hundred millions and Law, who was made director-general, aimed to make the notes of the company preferable to specie, which, however could lawfully be demanded for the notes. So it was settled that the shares of the company could only be purchased by the paper of the bank. As extravagant hopes of gain were cherished respecting the company, its shares were in great demand. And, as only Law's bank bills could purchase the shares, the gold and silver of the realm flowed into Law's bank. Law and the regent had, therefore, the fabrication of both shares and bank bills to an indefinite amount.

The national creditor was also paid in the notes of the bank, and, as unbounded confidence existed, both in the genius of Law and in the profits of the Mississippi Company,--as the shares were constantly in demand, and were rising in value,--the creditor was satisfied. In a short time, one half of the national debt was transferred. Government owed the bank, and not the individuals and corporations from whom loans had been originally obtained. These individuals, instead of government scrip, had shares in the Mississippi Company.

Please click Like and leave more comments to support and keep us alive.

RECENTLY UPDATED MANGA

A Modern History, From the Time of Luther to the Fall of Napoleon Part 30 summary

You're reading A Modern History, From the Time of Luther to the Fall of Napoleon. This manga has been translated by Updating. Author(s): John Lord. Already has 677 views.

It's great if you read and follow any novel on our website. We promise you that we'll bring you the latest, hottest novel everyday and FREE.

BestLightNovel.com is a most smartest website for reading manga online, it can automatic resize images to fit your pc screen, even on your mobile. Experience now by using your smartphone and access to BestLightNovel.com