REGENT and the courtiers; the prince would have been exculpated from all blame for not hav ing done his best to obtain a strong and united administration, and the Perceval ministry would have remained without another word said about the matter. But, there was Lord MOIRA in the way: PERCEVAL being gone, the PRINCE, for very powerful reasons, wished to provide for Lord MOIRA. Yet, Lord MOIRA, having always be longed to the Whigs, how was he to be brought in to a ministry with Liverpool and the rest of the Perceval set without incurring the charge of having deserted his party? This was a nice point; it was a seemingly insuperable obstacle, yet it was overcome, and Lord MOIRA found it consistent to join with LIVERPOOL and the PERCEVAL crew. WELLESLEY'S power to form a ministry was declared to be at an end; and Lord MOIRA was authorised by the PRINCE to form a new administration! He made his overtures, of course, to Lords GREY and GRENVILLE: at first he did it unofficially, in letters to Lord GREY; but, finding that the fish would not bite without authority on the hook, he obtained the authority, and then made his overtures, which, however, were at last rejected. In the course of his letters to GREY, Lord MOIRA had expressed his dissatisfaction at the course taken by the two Whig lords; therefore, when they finally rejected his overtures, he declared himself at liberty to sepa

om them for the purpose of aiding his master to carry on the government; and he PERCEVAL administration still conwith the sole admission of Lord MOIRA office having no sort of weight as conwith political matters; and Liverpool, ad remained silent and snug all the while, eming at all to expect the great powers o be placed in his hands, found himself, one ■y morning, first lord of the Treasury and minister; and VANSITTART, who had t in the famous resolution about the onenote and the shilling in 1811, was aphis Chancellor of the Exchequer. - Thus were the Whigs once more turned rather kept out, on the barren common, heir rivals were fattening in the dank pasf war and taxation. But, PERCEVAL had -eral very troublesome legacies behind him. d, indeed, left a very valuable legacy to his sors; namely, THE BOOK, and all the connected with the affair of the ill-treated ss of Wales. It has been before shown, was this grand secret that first made him er; that it was it which preserved his place the PRINCE became regent, with limited ; that it still made him prime minister the Prince became possessed of all the powers, and that (general convulsion out question) it must have made him minister

for the joint lives of himself and the Prince Regent, whether he were regent or king. But this secret was not less valuable to his successors than to himself. They, in stepping into the possession of his power, stepped also into the possession of the source of that power. The PRINCESS was still alive; she might, at any day, be brought forward; there was, as we shall see by and by, a very general claim putting forward for her by the people, who were beginning to insist that she ought to be styled the PRINCESS REGENT, and to hold her courts accordingly. If, therefore, LIVERPOOL, ELDON, SIDMOUTH, and the rest of the PERCEVAL administration, had been turned out at this time, they might have joined the people, brought out all the history of the transactions of 1806 and 1807, and insisted upon her being acknowledged as PRINCESS REGENT, and upon her holding her courts and drawing-rooms; things which the other party could not do, because it was that party who had instituted the investigation against her, who had refused her justice; who had advised the late king, first not to receive her at court, and afterwards not to place her upon an equal footing with the rest of his family, and who, in short, had been the instruments in the work of her degradation. This, therefore, was the true cause of the retaining of the PERCEVAL administration in power, and of the exaltation of LIVERPOOL; benefits which

clusively owed to the valuable legacy left y this little hard-twisted lawyer.

But he left them other legacies, which, y been men of sense and of love for their , they would have shuddered at receiving. st these legacies was the war which imely afterwards commenced between Engnd the United States of America; a war st unjust on our part that ever nation was din, and bringing upon this country, in its disgrace such as England never had before re, and followed by consequences such as quire all the wisdom, all the talent, all the e, all the public virtue, of every description, gland can command, to prevent those conces from finally being fatal to her power. This is one of the great events of the and reign of GEORGE the FOURTH. The nich terminated in the independence of tates, laid the foundation of all the calawith which the nation was afflicted during gn of GEORGE the THIRD. That war was in its principle, and, in the conduct of it, isgraceful. This war was equally unjust; gress and consequences were of the greatest ance to the country; and, therefore, the ounds of this war ought here to be placed upon record. From the commencement unjust and unnecessary war against the cans of France, disputes between England

M

and the United States had arisen relative to the rights of the parties on the seas. The success of England against France depended, in a great measure, on the power of the former to intercept and destroy the commerce of the French. By her navy, she soon accomplished nearly the de struction of the French naval force, and also of their mercantile marine; but the French do not, as we do, depend so much on operations on the waters. Their trade forms a much smaller part, in proportion, than ours does, of the resources of the country; having a cold climate and a hot climate and a medium climate, all within the same ring-fence, they have not that need of external commerce that we have; they do not so much depend upon imports and exports; but still they want some outlet for their produce in exchange for various commodities, without which, in the present state of the world, great confusion must be produced in the affairs of the nation. Besides this, France is now-and-then visited with that great calamity a scarcity of bread, which can receive alleviation by no other means than those afforded by other countries, which other countries cannot come to their relief except by the means of ships. One of these calamities was experienced in France in the year 1793, just at the breaking out of the war between this country and that. The Americans, having prodigious quantities of corn and of flour to spare, sent hun