CHAPTER VIII.
THE FIRST YEARS OF PEACE.
When Parliament met on February 1, 1816, after a recess of unusual length, Castlereagh was received with loud acclamations from all parts of the house as the chief actor in the pacification of Europe. There was, of course, a full debate upon the treaties, but the opposition dwelt less upon the arbitrary partition of Europe than upon their alleged tendency to guarantee sovereigns against the assertion of popular rights and upon the manifest intention of the government to "raise the country into a military power". From this moment dates the whig and radical watchword of "Peace, Retrenchment, and Reform". The nation was, in fact, entering upon a period of unprecedented depression and discontent, which lasted through the last four years of George III.'s reign. At the close of 1815, however, the whole horizon was apparently bright. Great Britain had saved Europe by her example, and, however small her army in comparison with those of continental states, she stood foremost among the powers which had crushed the rule of Napoleon. Her national debt, it is true, had reached the prodigious total of £861,039,049, and the interest on it amounted £32,645,618, but the expansion of our national resources had kept pace with it. In spite of the continental system, the orders in council, and the American war, the imports and exports had enormously increased, chiefly by means of an organised contraband traffic; the carrying trade of the world had passed into the hands of British shipowners; British manufactures were largely fostered by warlike expenditure at home and the suspension of many industries abroad; while population, stimulated by a vicious poor law, was rapidly on the increase. In this last element, then considered as a sure sign of prosperity, really consisted one of the chief national dangers.
So long as the war lasted, low as the rate of wages might be, there was generally employment enough in the fields or in the factories for nearly all the hands willing to labour. When the inflated war prices came to an end, and wheat fell below 80s. or even 70s. a quarter, until it reached 52s. 6d. early in 1816, labourers were turned off and wages cut down still further; bread was not proportionately cheapened, and agrarian outrages sprang up. The continent, impoverished by the war, no longer required British goods for military purposes, and, as its own domestic industries revived, ceased to absorb British products, flung in profusion on its markets. Hence came a reduction of 16 per cent. in the export trade, and of nearly 20 per cent. in the import trade, which resulted in bankruptcies and the dismissal of workpeople. If we add to these causes of distress, the influence of over-speculation, the accession of disbanded soldiers to the ranks of the unemployed, and the substitution of the factory system with machinery for domestic manufactures with hand labour, we can partly understand why Great Britain, never harried by invading armies, should have suffered more than France itself from popular misery and disaffection for several years after the restoration of peace.
VANSITTART'S FINANCE.
The history of these years is mainly a history of social unrest, and attempts to cure social evils by legislation or coercion. Liverpool and his colleagues, with the possible exception of Eldon, were not bigoted tories, and it is sometimes forgotten that among them, together with Sidmouth, Castlereagh, and Vansittart, were Canning, Palmerston, and Peel. One of the first parliamentary struggles was on the proposal of the government to reduce the income tax from 10 to 5 per cent., and to apply this half of it, producing about £7,500,000, towards the expense of maintaining an army of 150,000 men. Since the income tax has become a favourite of democratic economists, as pressing specially upon the rich, we may be surprised to find that its total repeal was successfully advocated by Henry Brougham, the leading democrat of that day—a man whose noble services to progress and to humanity in the earlier part of his career have been obscured by the inordinate vanity and unprincipled egotism which he displayed in the later phases of his long public life. He had entered parliament in 1810, and rapidly became the most active of the opposition speakers. He now employed without scruple all the arts of agitation, petition-framing, and parliamentary obstruction to achieve his object, and succeeded, by the aid of bankers and country-gentlemen, in defeating the government by a majority of thirty-seven. This vote might be justified, more or less, on the principle laid down by Pitt, that the income tax should be held in reserve as a war tax only, or on the ground that it was equally wasteful and mischievous to keep up so large a peace-establishment, especially if it might be used to bolster up despotism abroad. It was also unfortunate that Castlereagh, ignoring the heroic efforts made by the people of England for more than twenty years, should have deprecated "an ignorant impatience to be relieved from the pressure of taxation". Still, it is remarkable that friends of the people and the ultra-liberal corporation of London, as it then was, should have concentrated their indignant protests against the financial policy of the government, not on the corn laws, or any other indirect tax, but on the income tax.
Public confidence in the economic wisdom of the ministers was further weakened by the gratuitous abandonment of the malt tax, apparently in a fit of petulance, on the ground, explicitly stated, that, if another war tax must be raised, two or three millions more or less would make little difference. By a temporary suspension of the sinking fund, a deficit might be converted into a surplus; Vansittart, however, neglected to take advantage of this simple expedient, and raised £11,500,000 by loan. His waning reputation was almost shattered by this absurd proceeding. Finally, the excessive and irregular expenditure upon the civil list provoked a searching inquiry into its abuses, prefaced by a scathing attack from Brougham upon the character of the prince regent. His character was, in fact, indefensible, and had justly forfeited the respect of the nation. He was a debauchee and gambler, a disobedient son, a cruel husband, a heartless father, an ungrateful and treacherous friend, and a burden to the ministries which had to act in his name and palliate his misdoings. That of Liverpool carried a measure for the better regulation of the civil list, upon which, swollen as it was by the wrongful appropriation of other public funds, many official salaries had been charged hitherto. For these parliament now made a separate provision. The house of commons, which properly grudged the prince regent the means of reckless luxury and self-indulgence, was unanimous in voting £60,000 for outfit and £60,000 a year to the Princess Charlotte on her marriage, on May 2, to Prince Leopold of Saxe-Coburg, looking forward to a reign under which virtue and a sense of public duty would again be the attributes of royalty. In this session, too, it conferred a boon upon Ireland, which earned little gratitude, by the consolidation of the British and Irish exchequers. Ireland was virtually insolvent before this measure was passed. With the union of the exchequers the union of the countries was completed. The administration, discredited by its financial policy, was strengthened in June by the acquisition of Canning, who succeeded Buckinghamshire as president of the board of control. In September, 1814, Wellesley Pole, a brother of the Marquis Wellesley and the Duke of Wellington, had been admitted to the cabinet as master of the mint, so that with Castlereagh, Vansittart, and Bragge-Bathurst, there were now five members of the cabinet in the lower house.
INDUSTRIAL RIOTS.
The disturbances which broke out again and again during the years 1816-19 were partly the outcome of sheer destitution among the working classes, and partly of a growing demand for reform, whether constitutional or revolutionary. The statesmen of the regency must not be too severely judged if they often confounded these causes of seditious movements, and failed to distinguish between the moderate and violent sections of reformers. Those who remembered the bloodthirsty orgies of the French revolution, ushered in by quixotic visions of liberty, equality, and fraternity, may perhaps be excused for distrusting the moderate professions of demagogues who deliberately inflamed the passions of ignorant mobs. Moreover, the whigs and moderate reformers, who privately condemned the excesses of their violent followers, made light of these in their public utterances, and reserved all their censures for the repressive policy of the government. Bread riots had begun before the harvest, which proved a total failure. The price of wheat, which was as low as 52s. 6d. a quarter in January, 1816, rose to 103s. 1d. in January, 1817, and to 111s. 6d. in June, 1817. And when rickburning set in as a consequence of agricultural depression, tumultuary processions as a consequence of enforced idleness in the coal districts, and a revival of Luddism as a consequence of stagnation in the various textile industries, itself due to a glut of British goods on the continent, the reform party, now raising its head, was held responsible by the government for a great part of these disorders.[64] The writings of Cobbett, especially his Weekly Register, certainly had a wide influence in stirring up discontent against existing institutions, but it must be admitted that he condemned the use of physical force, and pointed to parliamentary reform as the legitimate cure for all social evils. Reform, however, in Cobbett's meaning included universal suffrage with annual parliaments, and the Hampden clubs, all over the country, agitated for the same objects in less guarded language. Still, looking back at these democratic agencies by the light of later experience, we can hardly adopt the opinion expressed by a secret committee of the house of commons that their avowed objects were "nothing short of a revolution".
It was on December 2, 1816, that the extreme section of reformers, now for the first time known as radicals, in alliance with a body of socialists called Spenceans, first came into open collision with the forces of the law. A meeting was announced to be held on that day in Spa Fields, Bermondsey, and was to be addressed by "Orator" Hunt, Major Cartwright, the two Watsons, and other demagogues. Hunt was a gentleman of Somerset, and had stood for Bristol in 1812. Though a prominent speaker, he in no sense directed the movement. Burdett and Cochrane, the orthodox leaders of London reformers, were not concerned in this demonstration, which, according to an informer who gave evidence, was to be the signal for an attack upon the Tower and other acts of atrocity. As it was, before Hunt chose to appear, the mob, headed by the younger Watson, broke into gunsmiths' shops, not without bloodshed, and marched through the Royal Exchange, but were courageously met by the lord mayor, with a few assistants, and very soon dispersed. The alarm produced in the whole nation by this riotous fiasco was quite out of proportion to its real importance, and was reawakened by an insult offered to the prince regent on his return from opening parliament on January 28, 1817. Even Canning, a life-long opponent of reform, did not scruple to magnify these and similar evidences of popular restlessness into proofs of a deep-laid plot against the constitution, and committees of both houses urged the necessity of drastic measures to put down a conspiracy against public order and private property. These measures took the form of bills for the suppression of seditious meetings, and for the suspension until July 1 of the habeas corpus act, which had been uninterruptedly in force since its suspension by Pitt had expired in 1801. This last bill was passed on March 3, and, before the other became law, the so-called march of the Blanketeers took place at Manchester. The march was the ridiculous sequel of a very large meeting got up for the purpose of carrying a petition to London, and presenting it to the prince regent in person. The meeting was dispersed by the soldiers and police, after the riot act had been read, and a straggling crowd of some three hundred who began their pilgrimage, carrying blankets or overcoats, melted away by degrees before they had got far southward.