Page images
PDF
EPUB

his own party interests, it is equally true that it was eminently in accordance with the interests of the country. The Revolution was in a geat measure a movement of the town populations in opposition to the country gentry, and had it not been for the mediatorial influence of the aristocracy, who were connected politically with the first, and socially with the second, it might have led to a most dangerous antagonism of classes. It is, however, a remarkable fact that in the very first year of the Revolution, the Legislature, while gratifying the whole people by abolishing the unpopular hearth tax, conferred a special favour upon the landlords by a law granting bounties for the export of corn when the home price had sunk to a certain level. That this measure was economically erroneous will now hardly be disputed, but it probably had a real political value, and its enactment immediately after the great Whig triumph is a striking illustration of the conciliatory spirit that has usually presided over English legislation. Still the country gentry were, on the whole, hostile to the change, and the chief burden of the additional taxation was thrown upon them. The land tax of four shillings in the pound, which was carried in 1692, was extremely unequal in its operation, for it was based on a valuation furnished. chiefly by the landlords themselves, but in principle the equity of the tax was generally acknowledged. By no other form of taxation could a sufficient sum be raised to meet the expenses of the war. For many generations extraordinary emergencies had been met by temporary taxes upon land. The prevailing economical notion that of all forms of industry agriculture alone is really productive helped to justify the tax, and it also contributed to redress a serious injustice which had been done to other classes under Charles II. In that reign, as is

11 William and Mary, c. 12.

well known, the feudal obligations which still rested upon land were abolished, and, as a compensation, excise duties were imposed on beer, ale, and other liquors, and on licences, and were assigned in perpetuity to the Crown; and thus the burden which had from time immemorial been attached to one particular species of property was shifted to the whole community. At the same time it should not be forgotten that the Act of 1692 did not impose this new taxation exclusively upon land, but also upon personal property, upon pensions and upon offices, and it was quite contrary to the intention of the Legislature that personal property had succeeded in escaping the burden.i

It is not surprising that the magnitude of the land tax, and also the necessity of continuing it in time of peace, should have aggravated the irritation with which, on other grounds, the country gentry regarded the Revolution. Their political alienation was, perhaps, the most serious danger of the new Government. It was entirely impossible that the reigning family should be firmly established, and that constitutional parliamentary government should continue if the landed gentry were estranged from the existing order of things; and their natural sympathies were strongly Tory, while Government, in the first two Hanoverian reigns, was exclusively Whig. The hatred the ordinary country gentlemen felt towards foreigners, towards traders, and towards Dissenters was hardly less strong than that dread of Popery which had induced them reluctantly to acquiesce in the Revolution. It was impossible, however, that they should long look upon Walpole as an enemy to their order or their interests. By birth and position he belonged to their class. He was so imbued with their

1 See McCulloch On Taxation, p. 58; Sinclair On the Revenue, i. 300; Dowell's Hist. of Taxation, ii. 100-101.

tastes that, as Lord Hardwicke assures us, he always opened the letters of his gamekeeper before any others, even before the letters from the King. The Saturday holiday of Parliament still remains as a memorial of his country habits, for, as the Speaker Onslow informs us, it was originally instituted in order that Walpole might once a week gratify his passion for hunting. In the contest upon the Peerage Bill, which beyond most questions touched the interests of the country gentry, Walpole was their special champion. He carefully humoured their prejudices, and he steadily laboured, sometimes by means that were censurable or unpopular, to reduce the land tax, which was their greatest burden. In 1731 and 1732 it sank for the first time since the Revolution to one shilling in the pound. To abolish it was the main object of his excise scheme. To keep it down he reimposed, in 1732, the salt tax, which had been abolished two years before, and in the following year withdrew 500,000l. from the Sinking Fund, which had been provided for the payment of the National Debt.

I have already shown how a similar spirit of caution and conciliation pervaded his religious policy, how he abstained from adopting any course which could arouse the dormant intolerance of the people, and contented himself by a mild administration of existing laws, by Latitudinarian Church appointments, and, by passing Acts of indemnity, with securing a large amount of practical liberty. He did nothing to relieve the Catholics at home, but his Protestantism, like all his other sentiments, was devoid of fanaticism, and it did not prevent him from co-operating cordially with Cardinal Fleury, who directed affairs in France, from holding frequent unofficial communications with Rome, and from acting with his usual good-nature towards in

Walpoliana.

dividuals of the creed. The kind alacrity with which he assisted the promotion of an English Catholic priest at Avignon, who was recommended to him by Pope, is said to have given rise to those beautiful lines in which the great Catholic poet has traced his portrait.1

A policy such as I have described is not much fitted to strike the imagination, but it was well suited to a period of disputed succession, and to the genius of a nation which has usually preferred cautious to brilliant statesmen, and which owes to this preference no small part of its political well-being. It may be added that there have been very few ministers whose more important judgments have been so uniformly ratified by posterity. The highest English interest of his time was probably the maintenance of the Hanoverian dynasty, and of the constitutional maxims of government it represented; and to Walpole more than to any other single man that maintenance was due. The greatest party blunder made during his time was unquestionably the impeachment of Sacheverell, and the most dangerous constitutional innovation was the Peerage Bill of Stanhope; but Walpole endeavoured privately to prevent the first, and was the chief cause of the rejection of the second. One of the happiest instances of the policy of the elder Pitt was the manner in which he allayed the disloyalty of the Scotch, by appealing to their national

Seen him I have; but in his happier hour
Of social pleasure ill exchanged for power;
Seen him uncumbered with the venal tribe,
Smile without art, and win without a bribe.
Would he oblige me? Let me only find
He does not think me what he thinks mankind.'

The character will appear very favourable when we remember that Pope was the most intimate friend of Walpole's bitterest enemies. See Nichols's Literary

VOL. I.

Epilogues to the Satires. Anecdotes of the Eighteenth Century, v. p. 650. Chesterfield's Miscellaneous Works, Appendix,

p. 41.

CC

and military pride, and forming out of their clans national regiments; but a precisely similar policy had been proposed by Duncan Forbes, in 1738, and warmly supported by Walpole, though the opposition of his colleagues, and the outcry that was raised about standing armies, prevented its realisation. The calamities of the next period of English history were mainly due to the disastrous attempt to raise a revenue by the taxation of America; but this plan had, in 1739, been suggested to Walpole, who emphatically rejected it, adding, with admirable wisdom, that it had always been the object of his administration to encourage to the highest point the commercial prosperity of the colonies, that the more that prosperity was augmented, the greater would be the demand for English products, and that it was in this manner that the colonies should be a source of wealth to the mother country. The first slight relaxation of the commercial restraints which excluded the colonies from intercourse with all foreign countries was due to Walpole, who carried, in 1730, an Act enabling Carolina and Georgia to send their rice direct in British vessels, manned by British sailors, to any part of Europe south of Cape Finisterre; and this measure, restricted as it was, had the effect of greatly developing the colonial plantations, and making their produce a successful rival to Egyptian rice, in the chief markets of Europe.3

2

On three occasions Walpole may be said to have been condemned by the almost unanimous voice of the people. He had warned Parliament of some at least of the dangers of the South Sea scheme. His warning was disregarded. The whole nation rushed with a frantic excitement into speculation, and, in the fearful calamities that ensued, Walpole was called in as the one man

'Culloden Papers, p. xxxi.

Annual Register, 1765, p. 25. * Coxe's Walpole, i. 326, 327.

« PreviousContinue »