Greek Affairs. — Measures respecting the Greek Protocol. - Correspondence with Prince Lieven. - Instructions to Mr. Stratford Canning. Communications with France, Austria, and Prussia. — Rejection by the Porte of Mr. Stratford Canning's Overture. Success of the Turks in Greece. — Greek Treaty and Secret Article. Instructions to the Ambassadors at Constantinople, and Death of the Duke of York. Illness of Lord Liverpool. Advice to the King on that Event. - Corn Laws and Catholick Question. State of Parties after the Debates on these Questions. – Mr. Canning's Interview with the King. - Message to the Cabinet. – Mr. Canning em- Negotiations respecting the new Administration. - Resigna- tions of the Duke of Wellington, the Lord Chancellor, Lord Bathurst, Lord Melville, Lord Bexley, and Mr. Peel. – Duke of Clarence nominated Lord High Admiral. - Negotiations with the Whigs. - Arrangement of the Debates in Parliament respecting the Formation of the new Administration. — Explanations of Mr. Canning and Mr. Peel in the House of Commons. - Explanation of Lord Eldon.-Speech of the Duke of Wellington. - Mr. Can- ning's Letter in Answer to that Speech, and the Reply. Debates on the new Administration in the House of Com- mons. – Debates on the same Subject in the House of Lords. — Speech of the Earl Grey. – The Budget. - Corn Bill. — Amendment of the Duke of Wellington. Abandonment of the Bill. — Debates respecting it in Comparison of the Domestick Policy of the Duke of Wel- lington's Government with that of Mr. Canning. – Test Act. Catholick Question. - Corn Laws. - Finance. Comparison of the Foreign Policy of the Duke of Wel. lington's Government with that of Mr. Canning. - Turkey DOMESTICK AFFAIRS. RELAXATION OF COMMERCIAL RESTRICTIONS. THE PANICK, AND ITS CAUSES. CORN BILL. -COMMERCIAL INTERCOURSE BETWEEN THE BRITISH WEST INDIES AND THE UNITED STATES. - CORRESPONDENCE BETWEEN MR. CANNING AND 1 MR. GALLATIN. In a preceding chapter it has been stated that, although at the close of the summer of 1825, the contentment and good humour with the Administration, which every where prevailed, made the juncture extremely favourable for the election of a new Parliament, yet Mr. Canning opposed a dissolution for reasons exclusively connected with the Catholick Question. At the time when he did this, he was well aware, that the state of things which produced this content ment was not likely to continue, for he, in common with some other observant members of the Cabinet, foresaw that ere many months had elapsed there would, in all probability, occur a financial and commercial crisis, which, by producing for a time general distress, would in the ordinary course of things excite a clamour against the Government. Such a clamour, too, he well knew would be directed chiefly against the liberal part of the Administration, by whom the relaxations of the restrictions of our commercial system had been introduced, and by whose firmness they had been carried, in spite of the opposition of a powerful party, who looked upon such innovations with distrust and apprehension. These considerations, however, to a minister who looked not to temporary advantage, but to the attainment of lasting good, were not sufficient to outweigh the injury which the vitally important question of Catholick Emancipation might have sustained from an immediate dissolution; and the appeal to the Country was accordingly postponed for another session. In the course of the November following the crisis, which had been expected, arrived: and a panick, such as never had been witnessed since the fatal South Sea Bubble, shook all commercial credit to its foundations. But before entering upon the history of this calamitous event, the attention of the reader must be drawn to the |
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