The Life and Times of Queen Victoria; vol. 4 of 4Wilson, Robert
History
The Life and Times of Queen Victoria; vol. 4 of 4
Wilson, Robert
Great Britain -- History -- Victoria, 1837-1901; Victoria, Queen of Great Britain, 1819-1901
need Parliamentary sanction before they could be considered binding
on the British Government. The Conference broke up owing to the
impossibility of reconciling English and French interests, and Mr.
Gladstone on the 2nd of August told the House of Commons that England
had regained entire freedom of action. With this freedom the Government
acquired fresh energy. They sent Lord Northbrook to Egypt to report
upon its condition, and obtained from Parliament a Vote of Credit of
£300,000 with which to send succour to Gordon if he required it. At
this time, though Khartoum was isolated and surrounded by the Mahdi’s
troops, Lord Hartington refused to admit that Egypt was in danger from
an Arab invasion, or to give any definite promise to send Gordon aid.
The Egyptian Question sadly exhausted the energies of the House of
Commons. Mr. Arthur Peel had been chosen as Speaker on the 26th of
February, in succession to Sir Henry Brand, who was elevated to the
Peerage as Viscount Hampden. Sir Stafford Northcote again succeeded in
preventing Mr. Bradlaugh from taking his seat, and when Mr. Bradlaugh
resigned it, and was again re-elected for Northampton, the resolution
excluding him from the House was once more revived on the 21st of
February.
The Budget was not presented till the last week of April, and Mr.
Childers
[Illustration: KHARTOUM.]
then confessed that for the coming year he could not expect a surplus
of more than £260,000,[191] which admitted only of a small reduction
in the Carriage Duties. The unexpected costliness of the Parcel
Post caused Mr. Childers to abandon in the meantime the scheme for
introducing sixpenny telegrams; but he made proposals for the reduction
of the National Debt and the withdrawal of light gold coin from
circulation, that led to some controversy. Mr. Childers’ method of
dealing with the Debt was to give holders of Three per Cent. Stock the
option of taking Two and Three-quarters per Cent. or Two and a Half
per Cent. Stock at the rate of £102 and £108 respectively for every
£100 of Stock so exchanged. Mr. Childers argued that he would thus
reduce the annual burden of the charge for the Debt (after providing
for a Sinking Fund to cover the nominal increase in the capital cf
the converted Stock) by £1,310,000. His Coinage Bill was lost because
the Tories roused popular prejudice against it. Mr. Childers proposed
to demonetise the half-sovereign by putting in it a certain amount
of alloy and giving it a mere token-value. The charge that he was
“debasing the currency” wrecked his project. A Bill strengthening
the hands of the Privy Council in excluding diseased cattle was
passed. But the great measure of the Session was the Reform Bill,
which was introduced on the 28th of February. By it Mr. Gladstone
extended household franchise to the counties, and a vigorous effort
was made to compel him to introduce along with the Franchise Bill,
a Bill for the Redistribution of Seats. The Second Reading of the
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account