The impression of my own mind is, I confess, very strongly for taking the step. Pitt is entirely ready to acquiesce in what I judge best, though I can see he is, to a certain degree, alarmed at the impression it may make. The thing has been generally opened to the King as a possible arrangement, in order to prevent his entering into any other engagements. I cannot describe the real kindness of manner and expression with which he assured me of his readiness to do in it whatever I wished. It rests, therefore, with myself to decide; and although I have, as you see, a strong bias in favour of the step, I do not feel confident enough of my own opinion not to be very desirous of knowing yours. I fairly own to you, that if I was in the same situation as I was a year and a half ago, I should be inclined to let this go by me, and to run my chance for some better opportunity. But I certainly feel that after the conduct which Lord C. has observed towards me on the subject of money, I am (even as with respect to him) hardly as much at liberty as I was to consult my own feelings, supposing that it were possible for me to put out of the question another consideration a good deal more interesting to me.
If the thing is to be done, "then 'twere well it were done quickly," in order to prevent applications from different people, every one of whom might feel, to a degree, offended by the preference, if his wishes were known. You will conceive, therefore, for this reason, and from the anxiety of the suspense, how glad I shall be to hear from you soon, as your affection is the only quarter to which I can look for advice, founded on a view and knowledge of my real situation. I hinted the thing generally to Tom before he left town, but the unfortunate difference of politics makes it impossible for me to talk over with him freely and fully that part of the subject, which is a material one. He is getting well very rapidly.
I have heard from Lord C. from Rome. He gives a very good account of the health of the whole party. He had received letters from his son and Mudge, which he tells me are all he could wish. He desires to be remembered to you.
Adieu, my dear brother,
Ever most affectionately yours,
G.
1792.
MR. PITT'S BUDGET—THE STATE OF IRELAND—THE KING DISMISSES LORD THURLOW—DISCONTENTS IN ENGLAND—FRENCH EMIGRANTS—RETREAT OF THE DUKE OF BRUNSWICK—MEASURES OF INTERNAL DEFENCE—THE FRENCH CONVENTION DECLARES WAR AGAINST ENGLAND AND HOLLAND.
Notwithstanding the vast expenditure to which the country had been recently exposed, the Budget, at the opening of Parliament in 1792, more than realized the anticipations of Lord Grenville. The statement laid before the House of Commons by Mr. Pitt was a complete answer to the apprehensions of the timid, and the taunts of the Opposition. There was a clear surplus of £900,000 in the month of January, after paying the interest of the National Debt, the annual million devoted to its extinction, the Civil List, the naval and military establishments, and all other items of current outlay. Upon this basis of unexampled prosperity the Minister proposed to remit a large amount of taxation, and to apply a further sum towards the extinction of the National Debt. He did not regard this surplus as a temporary or transient incident, but as the genuine and natural result of regular and permanent causes. In the existing state of the continent, it was impossible to calculate with certainty upon the future, and Mr. Pitt, even in this solid condition of the national finances, was careful not to indulge in hopes of too sanguine a character, which a sudden turn of events, beyond the control of English influence, might frustrate and disappoint. His language was explicit as to his confidence in the present, but guarded as to his views of the future. "On the continuance of our present prosperity," he observed, "it is indeed impossible to count with certainty; but unquestionably, there never was a time when, from the situation of Europe, we might more reasonably expect a durable peace than at the present moment." The subsequent course of European politics, unfortunately, did not bear out this expectation; but at the moment when it was uttered, the lull that had set in on the continent, and the flourishing state of our own trade and commerce, abundantly justified the statement of the Minister. Some additional reliance on the stability of our prospects might also have been drawn from the fact that the destinies of England were never in abler hands than those to whom they were confided in 1792, with Mr. Pitt at the Treasury and Lord Grenville at the Foreign Office.
Parliament met on the 31st of January. The Speech from the Throne announced the conclusion of the treaty between Austria and the Ottoman Porte, and the agreement to preliminaries between the latter and Russia. The maintenance of peace was regarded, under the circumstances, as so certain that His Majesty was induced to recommend for the consideration of Parliament an immediate reduction of the naval and military establishments. The following letters, written before the opening of Parliament, touch slightly on these affairs.