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ONE:Hastings next determined to experiment on the Nabob of Oude. This Nabob, Asaph-ul-Dowlah, was an infamously dissipated prince, spending his own money in licentious pleasures, and extorting what he could from the Begums, his mother and grandmother. The old ladies lived at the palace of Fyzabad, or the "Beautiful Residence," situated in a charming district, amid hills and streams, about eighty miles from Lucknow. The Nabob's father had left them large sums of money and extensive estates, so that they kept a handsome court, and yet had the reputation of having accumulated about three million pounds sterling. The Nabob had compelled them, by coercive means, to let him have, at different times, about six hundred thousand pounds, and he thirsted exceedingly for more. Hastings determined to anticipate him. He sent for the Nabob of Oude while he was still in the fortress of Chunar, and there reminding him of his debts to the British Government, which were considerable, coolly proposed to him the robbery of his mother and grandmother. The proposal was so barefaced that, when Hastings came to make it to the Nabob, he felt that he really required some pretended reason for thus arbitrarily laying hands on the property of these innocent women, and therefore unblushingly asserted that they had been concerned in stirring up the insurrection at Benares��a matter, besides that it was so notoriously the result of Hastings' own daring arrest of Cheyte Sing, the Begums had neither motive for meddling in nor time for doing it. Till now they had regarded the British as their only protectors. They were living quietly at Fyzabad, one hundred and fifteen miles from Benares, when the insurrection broke out from very obvious causes. This infamous bargain being concluded at Chunar, Hastings relying on his agent at Lucknow, Mr. Middleton, compelling the Nabob to carry it out, retreated to Benares, and thence to Calcutta. The Nabob returned to Lucknow to enforce the diabolical scheme; but he found his mother and grandmother determined to resist the iniquitous order, and so shameful was it that even the needy and debauched Nabob felt[335] compunctions in proceeding with it. He left it to Middleton to execute it, but Middleton, in his turn, recoiled from the odious business. Not so Hastings; cold and resolute, he wrote to Middleton, that if he could not rely upon his firmness he would free him from his charge, and himself proceed to Lucknow and enforce his own orders. To induce Middleton to abandon his scruples of conscience and honour, the ever-ready friend of Hastings, the Chief Justice of Bengal, Sir Elijah Impey, it appears, wrote to Middleton, and inculcated the necessity of obedience. Middleton and the Nabob, therefore, seized on the estates of the Begums, and suddenly surrounded Fyzabad and the palace with troops, and made themselves masters of both. But the old ladies had not been so inattentive to the approaches of the storm as to neglect the hiding of their treasures; they could not be found. Thus cruelly disappointed of the expected hoard, and the Begums remaining firm in their refusal to produce any part of it, Middleton seized on their two chief ministers, the eunuchs, Jewar Ali Khan and Behar Ali Khan. They were now thrown into prison, put in irons, and orders were given to starve and torture them till they revealed the secret of the concealment of the treasure of their mistresses. At the same time, the two ladies were placed in rigorous confinement themselves. This system was continued till they had extorted upwards of a million sterling from the Begums, and found that they might kill both them and their aged ministers, but could get no more. When the Begums and the two old men were liberated, they were told by the Resident��not now Middleton, but Bristow��that they owed this favour to the Governor-General, who had determined to have them "restored to their dignity and honour." There was another name connected with these events, and with almost equal disadvantage, that of Sir Elijah Impey, the Chief Justice. Impey, who had no jurisdiction in Oude, was found up there in the midst of these transactions, volunteering his assistance in getting up charges against the Begums. These charges were supported by a host of venal witnesses, and affidavits of their evidence were made out, and sent down to Calcutta, to justify the dark doings of Hastings.It was at the close of 1719, when George I. returned from Hanover, that this Company proposed to Ministers to consolidate all the funds into one. It was strange that both Ministers and merchants could be deluded by the hope of enriching themselves by a share of the trade with the Spanish South American provinces, when Spain herself, in full enjoyment of them, was sunk into indigence and weakness, and presented the most determined resistance to the unfettered intercourse of any other nation with them. Yet Sir John Blunt, a leading director of the South Sea Company, persuaded the Ministers that by granting the Company power to deal with the public funds, and especially to buy up the unredeemable annuities which had been granted in the two preceding reigns, chiefly on terms of ninety-nine years, and which now amounted to about eight hundred thousand pounds a year, they could, in twenty-six years, pay off the entire National Debt. But, to enable them to do this, they must be empowered to reduce all the different public securities to one aggregate fund in their hands, to convert both redeemable and unredeemable debts into stock by such arrangements as they could make with the holders, and to have certain commercial privileges vested in them. Ministers accepted the proposals with great alacrity. Aislabie introduced the scheme to Parliament in the month of February, 1720, declaring that, if it was accepted by the House, the prosperity of the nation would be amazingly enhanced, and all its debts liquidated in a very few years. Craggs seconded the proposal in most sanguine terms, expressing his conviction that every member of the House must be ready to adopt so advantageous an offer. Ministers had already closed with the proposals of the Company, and they were themselves greatly disconcerted by the suggestion of Mr. Thomas Brodrick, the member for Stockbridge, who expressed his entire accordance with Ministers, but thought that the nation should endeavour to obtain the best terms for itself by opening the competition to every other company or association of men as well as that in question. Ministers were confounded by this proposal, and Aislabie endeavoured to get out of it by declaring that to do this would be like putting the nation up to auction, and that such things should be done with spirit. But Jekyll interposed, saying it was this spirit which had ruined the nation, and it was now requisite to consider seriously what was best for the public. A violent debate ensued, in which Walpole eloquently recommended open competition, and was sharply replied to by Lechmere. The question was carried in favour of competition; and then the Bank of England, which before had coolly declined to enter into the proposals, suddenly appeared in a new temper, and made liberal offers for the privilege of thus farming the public debts. But the South Sea Company was not to be outdone; it offered seven millions and a half, and the Bank gave way in despair. ONE:Before passing to the momentous history of the Irish famine we must notice some isolated facts connected with the Peel Administration, which our connected view of the triumph of Free Trade has prevented our mentioning under their proper dates. Among the many measures of the time which were fiercely discussed, the most complicated were the Bank Charter Act of 1844, and the Act dealing with the Irish and Scottish Banks of 1845, whereby the Premier placed the whole banking system of the kingdom upon an entirely new basis, in particular by the separation of the issue and banking business of the Bank of England, and by the determination of the issues by the amount of bullion in reserve. Under the Act the Bank was at liberty to issue ��14,000,000 of notes on the security of Exchequer Bills and the debt due to it from the Government, but all issues above this amount were to be based on bullion. Still hotter were the passions roused by the Maynooth Bill, by which ��30,000 were devoted to the improvement of the college founded at Maynooth for the education of Roman Catholic priests. The language used during the debates by the Protestant party has few parallels in the history of the British Parliament, and Sir Robert Peel's difficulties were increased by the resignation of Mr. Gladstone, who found his present support of the Bill incompatible with the opinions expressed in his famous essay on Church and State. Lord Aberdeen's foreign policy was completely the reverse of the bold, if hazardous, line adopted by Lord Palmerston. We have seen how the Ashburton mission composed the critical questions at issue with the United States, and in similar fashion a dispute about the Oregon boundary, which had been pending for thirty years, was terminated on sound principles of give-and-take by fixing the line at the 49th parallel, while Vancouver Island was reserved for Britain, and the commerce of the Columbia was made free. With France our relations were of the most pacific character; so close, indeed, was the entente cordiale that it was a commonplace of Tory oratory that M. Guizot was Foreign Minister of England. This was certainly not the case; on the contrary, when the Society Islands, over which Pomare was queen, were forcibly annexed by a roving French admiral, Lord Aberdeen behaved with very proper spirit, and obtained an indemnity for the missionary Pritchard, who had been forcibly placed under arrest. In other respects the friendship of Great Britain with France continued unimpaired, and there was an interchange of visits between the Queen and King Louis Philippe. It was a sign of a harmony of views between the two nations. Unfortunately, owing to a variety of causes, it was not to be of long continuance.

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