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PART 1.-HISTORICAL.

VOL. XI. PART J,

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PART 1.-HISTORICAL.

CHAPTER I.

OPENING OF PARLIAMENT.

State of Affairs at the commencement of the Year.Parliament meets.-King's Speech - Ministers announce their intention to move the Repeal of the Suspen

sion Act.-Debates on the Address. The present year, as compared with ailed as the earnest of that which the preceding one, opened under far Britain was now permanently to exhappier auspices. That public dis. hibit.-Such a hope was premature tress and want, which had alone given and illusory. The absence of that to the impulses of the disaffected their extraordinary stimulus which war had efficacy and formidable character, had given to various branches of industry, nearly disappeared. The prosperity could not be so suddenly supplied. of trade, and the extended demand The present active production was for British manufactures, placed in destined, in a great degree, for a spe

circumstances those culative market, and was marked by whom misery before had goaded to all that excess of adventure to which desperation. The agitators, discom- overflowing enterprize and capital too bited in all their attempts, and find- frequently stimulate British mering no longer apt materials on which chants. It laid the foundation, thereto work, either remained dormant, or fore, for a redundant supply, which made such abortive efforts, as served was to renew that stagnation and sufonly to expose their weakness. The fering from which the nation appearvessel of the state was to be guided ed to have emerged. But these evils now over a tranquil sea, no longer be- were neither felt nor foreseen : The set with those rocks from which ship- public is ever sanguine, and ever bewreck had been dreaded. This fora lieving, that what is now, will contitunate aspect of public affairs had a nue to be ; a propensity, after all, more cheering influence, since it was which, when duly modified, tends

comfortable

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