GEORGE II. 1727-1760
VIOLENT DISPUTE CONCERNING THE NATIONAL DEBT.
All these sums, however, were not granted without question. The number of land-forces occasioned a debate; and the Hessian auxiliaries were not allowed without dispute and opposition. When they deliberated on the loan of the bank, Mr. Pulteney observed, that the shifting of funds was but perpetuating taxes, and putting off the evil day; that notwithstanding the great merit which some persons had built on the sinking fund, it appeared that the national debt had been increased since the setting up of that pompous project. Some warm altercation passed between him and sir Robert Walpole on this subject. The lord-mayor, aldermen, and common-council of London, presented a petition, setting forth, that the duties already laid upon coals and culm imported into London, affected the trade of that city only; that the inequality of the burden was a great discouragement to their manufactures, and a hardship upon all the trading inhabitants. The petition was rejected, and the tax imposed. The house having addressed the king for a particular and distinct account of the distribution of two hundred and fifty thousand pounds, charged to have been issued for securing the trade and navigation of the kingdom, and preserving and restoring the peace of Europe, he declined granting their request, but signified in general that part of the money had been issued and disbursed by his late majesty, and the remainder by himself, for carrying on the same necessary services, which required the greatest secrecy. Such a message in the reign of King William would have raised a dangerous flame in the house of commons.
1728
Mr. W. Pulteney inveighed against such a vague and general way of accounting for the public money, as tending to render parliaments altogether insignificant, to cover embezzlements, and to screen corrupt and rapacious ministers. The commons having taken into consideration the state of the national debt, examined the accounts, and interrogated the proper officers. A motion was made by a court member, that it appeared the monies already issued and applied towards discharging the national debts, together with a sum to be issued at Lady-day, amounted to six millions six hundred and forty-eight thousand seven hundred and sixty two pounds, five shillings and one penny one farthing. In vain did the leaders of the opposition expose the fallacious tendency of this motion. In vain did they demonstrate the fraudulent artifice used in drawing up the accounts; the motion was carried; and several resolutions were taken on the state of the national debts. In the particular account of these debts, upon which the house resolved to form a representation to his majesty, an article of three hundred thousand pounds relating to the duty upon wrought plate was totally omitted. This extraordinary omission being discovered, gave rise to a very warm debate, and to very severe reflection against those who superintended the public accounts. This error being rectified, a committee appointed for the purpose drew up the representation, containing a particular detail of the national debts discharged and incurred since the twenty-fifth day of December, in the year one thousand seven hundred and sixteen, with a state of the sinking fund and of the public credit. The draft being approved by the house, was presented to the king-, who received it graciously. He took this opportunity of saying, that the provision made for gradually discharging the national debts was now become so certain and considerable, that nothing but some unforeseen event could alter or diminish it; a circumstance that afforded the fairest prospect of seeing the old debts discharged without any necessity of incurring new incumbrances.
This answer, fraught with many other expressions of fatherly tenderness for his people, paved the way for a message to the house, demanding a vote of credit to fulfil certain engagements entered into, and concerted, with the advice and concurrence of the last parliament, for securing the trade and navigation of the kingdom, and for restoring and preserving the peace of Europe. Though a debate ensued upon this message, the majority resolved that an address should be presented to his majesty, declaring the duty and fidelity of the commons, their entire confidence in his royal care and goodness, and their readiness to enable his majesty to fulfil his engagements, A vote of credit passed accordingly. During this session, the peers were chiefly employed in examining copies of several treaties and alliances which the king submitted to their perusal; they likewise prepared a bill for amending the statute of limitation, which, however, did not pass into a law; they considered the state of the national debt, a subject fruitful of debates; they passed the mutiny bill, and those that were sent up from the commons touching the supplies; together with an act obliging ships arriving from infected places, to perform quarantine; and some others of a more private nature. These bills having received the royal assent, the king closed the session on the twenty-eighth day of May, when he thanked the commons for the effectual supplies they had raised, and, in particular, for having empowered him to borrow five hundred thousand pounds for the discharge of wages due to the seamen employed in the navy.
A DOUBLE MARRIAGE BETWEEN THE HOUSES OF SPAIN AND PORTUGAL.
England was at this period quite barren of remarkable events. The king’s uncle, Ernest Augustus, prince of Brunswick, duke of York, and bishop of Osnabruck, died on the third day of August, and was succeeded in the bishopric by the elector Cologn, according to the pactum by which Osnabruck is alternately possessed by the house of Brunswick and that elector. In the beginning of December, his majesty’s eldest son prince Frederick arrived in England from Hanover, where he had hitherto resided, was introduced into the privy-council, and created prince of Wales. Signior Como, resident from the duke of Parma, was ordered to quit the kingdom, because his master paid to the pretender the honours due to the king of Great Britain. The congress opened at Soissons, for determining all disputes among the powers of Europe, proved ineffectual. Such difficulties occurred in settling and reconciling so many different pretensions and interests, that the contracting parties in the alliance of Hanover proposed a provisional treaty, concerning which no definitive answer was given as yet by the courts of Vienna and Madrid. The fate of Europe, therefore, continued in suspense; the English fleet lay inactive and rotting in the West-Indies; the sailors perished miserably, without daring to avenge their country’s wrongs; while the Spanish cruisers committed depredations with impunity on the commerce of Great Britain. The court of Spain, at this juncture, seemed cold and indifferent with regard to a pacification with England. It had renewed a good understanding with France, and now strengthened its interests by a double alliance of marriage with the royal family of Portugal. The infanta of this house was betrothed to the prince of Asturias; while the Spanish infanta, formerly affianced to the French king, was now matched with the prince of Brazil, eldest son of his Portuguese majesty. In the month of January, the two courts met in a wooden house built over the little river Coya, that separates the two kingdoms, and there the princesses were exchanged.