1816 (5576 a.m.).—He frequently attends the meetings of the Velhos (Elders) of the Spanish and Portuguese community, and the society for granting marriage portions to orphans. His work in connection with finance daily increases.

Great agitation prevails throughout the country; the Government having, in the previous year, passed a Corn Act to favour the English farmer, forbidding the importation of foreign grain, the price of wheat had reached 80s. per quarter; political societies, under the name of "Hampden Clubs," are formed all over the country. There is a cry for reform in the House of Commons; the Ministry, influenced by Lord Castlereagh, refuses all change; the price of wheat continues to rise daily after the peace.

Financiers feel very anxious about the result, but Mr and Mrs Montefiore, less apprehensive of serious disturbances, and desirous of change of scene and climate, purpose setting out to visit France and Italy.

1816 (5576 a.m.).—They travel in France and Italy, visit public institutions, and make it a rule to see every object of interest. They take notice and make memoranda of the explanations given them by their Ciceroni, independently of the information derived from guide-books; they frequent theatres and operas as well as hospitals and schools. A beautiful and comfortable travelling chariot, procured in Paris from Beaupré, a famous coach builder, at the price of 4072 francs, and abundant provisions for themselves and friends, making them independent of inferior hotels for food, make their travels most agreeable to themselves and to all who accompany them.

Mr Montefiore and his wife were not only diligent observers of whatever they saw, but also possessed the good quality of never objecting to any difficulties to be overcome in order to add to their stock of knowledge or experiences.

During their travels in France and Italy, their pleasure was greatly enhanced by the kind attention they received at the hands of their friends, especially in Paris, where Mr Solomon de Rothschild and all the members of the family vied with each other in their efforts to make their stay as agreeable as possible.

At Lausanne, Mr Montefiore was very ill for three days with rheumatism in the face and ear, but he soon recovered, and was able to continue his journey. On August the 30th, after an absence of three months from England, they returned and arrived safely at Dover.

On September 20th he is appointed treasurer to the "Beth Holim" hospital of the Spanish and Portuguese Hebrew community.

November 26th.—A private account is opened with Jones, Lloyd & Co. and the Bank of England; on the 29th of the same month he dissolves partnership with his brother Abraham, "God grant," he says, "it may prove fortunate for us both."

1817 (5577 a.m.).—This was a year of riot in England; in spite of the Royal proclamation against unlawful assemblages the riots increased; the Habeas Corpus Act was suspended, but the seditious meetings continued. A motion in the House of Commons for reform had only seventy-seven supporters, two hundred and sixty-six voting for its rejection. Mr Montefiore, like most financiers in London, was in constant anxiety, his state of health suffered, and it was desirable for him to leave England again for change of climate.