TWO:Ministers were soon compelled to pursue the policy which Pitt had so successfully inaugurated. With all the determination of Lord Bute and his colleagues to make a speedy peace, they found it impossible. The Family Compact between France and Spain was already signed; and in various quarters of the world Pitt's plans were so far in progress that they must go on. In East and West, his plans for the conquest of Havana, of the Philippine Isles, and for other objects, were not to be abruptly abandoned; and Ministers were compelled to carry out his objects, in many particulars, in spite of themselves. And now the unpleasant truth was forced on the attention of Ministers, that the war which Pitt declared to be inevitable was so, and that he had recommended the only wise measure. The country was now destined to pay the penalty of their folly and stupidity in rejecting Pitt's proposal to declare war against Spain at once, and strip her of the means of offence, her treasure ships. Lord Bristol, our ambassador at Madrid, announced to Lord Bute, in a despatch of the 2nd of November, that these ships had arrived, and that all the wealth which Spain expected from her American colonies for the next year was safe at home. And he had to add that with this, Wall, the Minister, had thrown off the mask, and had assumed the most haughty and insolent language towards Great Britain. This was a confession on the part of Lord Bristol that he had suffered Wall to throw dust in his eyes till his object was accomplished, and it made patent the fact that Pitt had been too sagacious to be deceived; but that the new Ministers, whilst insulting Pitt and forcing him to resign, had been themselves completely duped. Spain now, in the most peremptory terms, demanded redress for all her grievances; and, before the year had closed, the Bute Cabinet was compelled to recall Lord Bristol from Madrid, and to order Fuentes, the Spanish ambassador in London, to quit the kingdom. On the 4th of January, 1762, declaration of war was issued against Spain. Neither king nor Ministers, seeing the wisdom of Pitt's policy and the folly of their own, were prevented from committing another such absurdity. They abandoned Frederick of Prussia at his greatest need. They refused to vote his usual subsidy. By this execrable proceedingfor we not only abandoned Frederick, but made overtures to Austria, with which he was engaged in a mortal strugglewe thus threw him into the arms and close alliance of Russia, and were, by this, the indirect means of that guilty confederation by which Poland was afterwards rent in pieces by these powers. On the 5th of January, 1762, died the Czarina Elizabeth. She was succeeded by her nephew, the Duke of Holstein, under the title of Peter III. Peter was an enthusiastic admirer of the Prussian king; he was extravagant and incessant in his praises of him. He accepted the commission of a colonel in the Prussian service, wore its uniform, and was bent on clothing his own troops in it. It was clear that he was not quite sane, for he immediately recalled the Russian army which was acting against Frederick, hastened to make peace with him, and offered to restore all that had been won from him in the war, even to Prussia proper, which the Russians had possession of. His example was eagerly seized upon by Sweden, which was tired of the war. Both Russia and Sweden signed treaties of peace with Frederick in May, and Peter went farther: he dispatched an army into Silesia, where it had so lately been fighting against him, to fight against Austria. Elated by this extraordinary turn of affairs, the Prussian ambassador renewed his applications for money, urging that, now Russia had joined Frederick, it would be easy to subdue Austria and terminate the war. This was an opportunity for Bute to retrace with credit his steps; but he argued, on the contrary, that, having the aid of Russia, Frederick did not want that of England; and he[173] is even accused of endeavouring to persuade Russia to continue its hostilities against Prussia; and thus he totally alienated a power which might have hereafter rendered us essential service, without gaining a single point. The Duke of Newcastle, man of mediocre merit as he was, saw farther than Bute into the disgraceful nature of thus abandoning a powerful ally at an extremity, as well as the impolicy of converting such a man into a mortal enemy; and, finding all remonstrances vain, resigned. Bute was glad to be rid of him; and Newcastle, finding both his remonstrance and resignation taken very coolly, had the meanness to seek to regain a situation in the Cabinet, but without effect, and threw himself into the Opposition.Some remarkable commercial reforms were introduced by Robinson and Huskisson in 1824. In the previous year the Chancellor of the Exchequer was able to boast of a very large surplus, and this year he had a surplus of 1,050,000. Part of it was devoted to the repair and embellishment of Windsor Castle; 40,000 were devoted towards the erection of rooms for the reception of the library of George III., which was presented to the British Museum by his successor, whose gift, however, was somewhat discounted by the fact that he was with difficulty dissuaded from selling the collection. With 57,000 Government purchased Angerstein's collection of pictures, which became the nucleus of the National Gallery. But the main object of the Budget was not expenditure but economy. The Four per Cents. were redeemed or exchanged for Three-and-a-Half per Cent. Stock, and a death-blow was given to the old system of bounties by a reduction of that on the herring fishery and the immediate cessation of that on inferior kinds of linen, while that on the higher class of linen was annually decreased ten per cent. There was further a reduction of the duties on rum and coals, with the result, as Robinson prophesied, that lower prices considerably increased the consumption. His greatest innovations, however, concerned the wool and silk trades. In the former there prevailed a great conflict of interests. The agriculturists[241] wished for the prohibition of foreign wool; the manufacturers desired the retention of an export duty, together with free importation. The judicious Chancellor effected a compromise by which the duty on foreign wool was reduced from 6d. to 1d. per pound, while the exportation of English wool was sanctioned on a similar duty. The fear of a large exportation of English wool proved so groundless that by 1826 only 100,000 pounds in weight had been exported, while 40,000,000 pounds of foreign wool had been introduced.
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