The History of England in Three Volumes, Vol.III. / From the Accession of George III. to the Twenty-Third Year of the Reign of Queen Victoria

Chapter 829: STATE OF THE COUNTRY.

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About This Book

The volume traces British political, parliamentary, and military developments from the accession of George III through the early nineteenth century, chronicling changes of ministry and cabinet, debates over colonial taxation and the American conflict, parliamentary controversies involving figures such as Wilkes and Warren Hastings, questions of Catholic relief and slave-trade abolition, and responses to the French Revolution and Napoleonic wars, including major naval and continental campaigns, the union with Ireland, and domestic legislation on finance, civil liberties, and parliamentary reform.

STATE OF THE COUNTRY.

During this year the prosperity of the country appeared to advance, and the confidence of the people in the government to be established. This feeling was chiefly attributable to the altered tone of the administration, and the tenor of their measures. From their measures commerce and manufactures revived, and, by a natural consequence, agriculture was improved. Unfortunately this revival of prosperity gave a dangerous activity to enterprise, and generated a spirit of headlong speculation, which produced disastrous consequences in a subsequent year. It was during this year, indeed, that the memorable era of joint-stock schemes commenced, which ended in the ruin of many families. They that will be rich often fall into a snare.