History of the Peninsular War, Volume 1 (of 6)Southey, Robert
History
History of the Peninsular War, Volume 1 (of 6)
Southey, Robert
Peninsular War, 1807-1814
Heavy burthens had been incurred during this long and arduous contest.
At the commencement of the year 1807, the annual expenditure was not
less than seventy-two millions, and the national debt amounted to six
hundred and twenty-seven. But hitherto the prosperity of the country
had kept pace with its exertions. The wheels of the machine seemed
rather to move more freely than to be impeded by the weight which was
laid upon them; and the war created means for supporting its enormous
demands, by the enterprise which it called into action, and the money
which it put in circulation. All the manufactures connected with the
numerous branches of the naval and military service were in full
activity. Agricultural industry also received an impulse such as had
never before been experienced; for the English being excluded from the
Baltic, and holding relations of doubtful amity with the United States
of America, were fain to depend upon themselves for produce, and the
emergency produced commensurate exertions throughout the kingdom. The
country banks supplied a currency without which these exertions could
not have been made; every where wastes were brought into cultivation;
and the agricultural labourers being every where employed at high
wages, contributed by their increased expenditure to extend the
prosperity of which they partook.
♦MANUFACTURING SYSTEM.♦
Other circumstances, connected with the progress of society, and
leading beyond all doubt to the most perilous crisis which society has
ever yet undergone, conduced at this time mainly to the service of
the state, and enabled the government to raise a revenue and support
fleets and armies upon a scale which even in the last generation
could not have been contemplated as possible. As the drunkard derives
a pleasurable sensation, and an immediate excitement from strong
liquors which by their sure effect are producing organic derangement,
incurable disease, and death, so the manufacturing system contributed
at this time to the national wealth and strength, while it was
poisoning the vitals of the commonwealth. Carried as it now appeared to
be by mechanical ingenuity and power to its utmost extent, it enabled
our merchants to supply the world with manufactured goods, and at so
low a price, that the most severe enactments, enforced by the most
vigilant precautions, could not exclude them from the continental
markets. In vain did Buonaparte shut the ports of Europe against the
British flag, thinking that by destroying that part of our revenue
which is derived from foreign trade, he should cut the sinews of our
strength; in vain did the American government co-operate with him by
its non-importation acts; British goods still found their way every
where, and the books of the custom-house proved a continual increase in
our exports; while the internal commerce of the country (nine-elevenths
of the whole), and that with Ireland and our foreign possessions (a
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