Consols were, January 56⅞; December 58⅝; having fallen as low as 54½ in February. The quartern loaf began the year at 9½d. and left off at 1s. 4½d. Average price of wheat 74s.

CHAPTER XII.

1805.

Doings of Napoleon—His letter to George III.—Lord Mulgrave’s reply—War declared against Spain—General Fast—Men voted for Army and Navy—The Salt Duty—Withdrawal of “The Army of England”—Battle of Trafalgar and death of Nelson—General Thanksgiving.

THE YEAR 1805 was uneventful for many reasons, the chief of which was that Bonaparte was principally engaged in consolidating his power after his Coronation. He was elected Emperor on the 20th of May, 1804, but was not crowned until December of the same year. In March, 1805, he was invited by the Italian Republic to be their monarch, and, in April, he and Josephine left Paris for Milan, and in May he crowned himself King of Italy.

He was determined, if only nominally, to hold out the olive branch of peace to England, and on the 2nd of January, 1805, he addressed the following letter to George the Third.

“Sir and Brother,—Called to the throne of France by Providence, and by the suffrages of the senate, the people, and the army, my first sentiment is a wish for peace. France and England abuse their prosperity. They may contend for ages; but do their governments well fulfil the most sacred of their duties, and will not so much blood, shed uselessly, and without a view to any end, condemn them in their own consciences? I consider it as no disgrace to make the first step. I have, I hope, sufficiently proved to the world that I fear none of the chances of war; it, besides, presents nothing that I need to fear: peace is the wish of my heart, but war has never been inconsistent with my glory. I conjure your Majesty not to deny yourself the happiness of giving peace to the world, nor to leave that sweet satisfaction to your children; for certainly there never was a more fortunate opportunity, nor a moment more favourable, to silence all the passions and listen only to the sentiments of humanity and reason. This moment once lost, what end can be assigned to a war which all my efforts will not be able to terminate? Your Majesty has gained more within the last ten years both in territory and riches than the whole extent of Europe. Your nation is at the highest point of prosperity: to what can it hope from war? To form a coalition with some Powers of the Continent! The Continent will remain tranquil—a coalition can only increase the preponderance and continental greatness of France. To renew intestine troubles? The times are no longer the same. To destroy our finances? Finances founded on flourishing agriculture can never be destroyed. To take from France her colonies? The Colonies are to France only a secondary object; and does not your Majesty already possess more than you know how to preserve? If your Majesty would but reflect, you must perceive that the war is without an object, without any presumable result to yourself. Alas! what a melancholy prospect to cause two nations to fight merely for the sake of fighting. The world is sufficiently large for our two nations to live in it, and reason is sufficiently powerful to discover means of reconciling everything, when the wish for reconciliation exists on both sides. I have, however, fulfilled a sacred duty, and one which is precious to my heart. I trust your Majesty will believe in the sincerity of my sentiments, and my wish to give you every proof of it.