On this page
-
Text (3)
-
Untitled Article
-
Untitled Article
-
Untitled Article
Note: This text has been automatically extracted via Optical Character Recognition (OCR) software. The text has not been manually corrected and should not be relied on to be an accurate representation of the item.
-
-
Transcript
-
Note: This text has been automatically extracted via Optical Character Recognition (OCR) software. The text has not been manually corrected and should not be relied on to be an accurate representation of the item.
Additionally, when viewing full transcripts, extracted text may not be in the same order as the original document.
Untitled Article
vention ] as well as from , the frenzy of anarchy , " meaning national popular government . But in a despatch to M . de la Cour , at Vienna , dated two days previously , so much stress is laid on the effect which Austrian successes had had upon the " balance of power , " as to leave no room to doubt but that there lay the most powerful motive for intervention . While writing to MM . ( VHarcourt and de Rayneval , atGaeta , M . Drouyn de Lhuys distinctly states that the expedition w as undertaken , not to compel the Pope to adopt " such or such a government , " but simply to reconcile the Pope to the Roman People ; mainly for the benefit of the latter !
Can anything be more conflicting P When the French army marched to the gates , depending on the ^ Reactionists within , and was driven back with great loss , Louis Napoleon affected great astonishm and pain that the army gent to perform "kind and disinterested services" for the people should be met as enemies : he declared that the military honour of France was involved , and that to conquer was a necessity . Both Mr . Freeborn and Sir GeorHamilton assert that the French aiJJiJ 1
ee were j 3 jr ucufgc jj . . ivyi . U 3 OCH iiioi 111 c ricutii wcic " deceived" in their estimation of the state of feeling at Rome ; and that the masses hated " Priestly Government . " Here is a pretty complication ! and , to crown all , Prince Schwarzenberg wrote to Count Colloredo , April 29 , that orders had been sent to Radetzky to enter both Tuscany and the Legations , in obedience to the wishes of the Grand Duke and the Pope , whose desires " were identical with those of the
civilized world . " General Oudinot interpreted the " wishes of the civilized world" somewhat differently , when , in his proclamation of the 24 th of April , he told the Roman People that their wishes should be respected , that he came to maintain their " legitimate" influence , and that he was resolved not to impose upon them any form of government they did not desire . Meanwhile , as Lord Palmerston
was correctly and " frequently" informed by Mr . Freeborn , the French had been altogether deceived as to the real feeling of the vast majority of the Roman People , which , at first , adverse only to priestly government , became , after the Pope had solicited foreign intervention , adverse to Pius himself . Still knowing all this , and knowing it well , Lord Palmerston thought fit to act with the Reactionists of France and the Absolutists of Austria ,
who were engaged in overthrowing and oppressing the Roman People . In a despatch to the Marquis of Normanby , Lord Palmerston naively asked—What are the intentions of the French ? And M . de Tocqueville replied , through Lord Normanby , that the " first care " of the French would be to secure the constitutional liberties of the Romans as already granted by the Pope , and to take care that his authority should not be reestablished on that arbitrary footing which had formerly been found inconsistent with the good government of the People . " Palmerston was satisfied with this reply ; but he politely requested further information as to what the French would do , supposing that they could not obtain the consent of the Pope to return
to constitutional and representative government , or the consent of the People to receive the Pope ; or that the Pope threw himself on Austria for support ? But Lord Palmerston writing to Paris is one man—Lord Palmerston writing to Vienna is another . On the 12 th of June , 1849 , he instructed Lord Normanby to urge the French to secure a " real and effectual separation between the temporal and the spiritual power of the Pope . " On the 10 th of Ju ^ 1849 , he informed Lord Ponaonby that it would be desirable for France to communicate with Austria , and induce her "to counsel the Pope to secure to his subjects an arrangement which , while it reinstated him in his at
position of temporal and ecclesiastical authority Home , " should give guarantees for representative government . Three days after he sent Lord Poneonby another despatch ,, and in this he again comes out for separation of the temporal and spiritual power , und declares that if the Pope refuses to concede that , " one of two things must happen , either that the Pope must be restored to his former power by the force of foreign-nrma , or that he must abandon all hope of returning thither . " 'Ihe former , Lord Palmerston considered as so unjust , that , if effected , it could only be considered " temporary "; the latter was a thing not to be tliought of , and therefore her Majesty ' s Government were desirous to pave the way , by conciliation , for " the Pope ' s reaumption
Untitled Article
of the Papal power . " On the 18 th of July , Lord Normanby wrote from Paris— " France will not exact any conditions from the Pope as the price of his entrance into Rome "; and she did not do so . In August Louis Napoleon wrote his famous letter to Colonel Ney , then at Gaeta ; yet in the same month the Cardinal Triumvirate had been established , the Inquisition reestablished , all laws passed since the 15 th of November , 1848 , abolished , and the Government Commission for the trial of political offenders decreed . In September out came the mock amnesty ; and a false rumour of the promulgation of the " Code Napohfon . " It was clear by this time , even to the Tory mind of Sir George Hamilton at Florence , that " every act" of the Cardinal Triumvirate " showed the
strongest tendency to retrograde principles "; and it was especially obvious to the acute mind of Commander Key , that " the little which had been done since the return of Papal authority did not show any symptom of a return to a constitutional form of Government , or a relaxation of the old Gregorian ecclesiastical system . " Now Lord Palmerston was implicated in all these affairs . He had had the best evidence from
the beginning of the state of public opinion in Italy . But beyond recommending French intervention , in the first instance , and writing a few notes in the course of the summer , as a spectator merely , he did nothing to protect the Roman People in the exercise of their national rights . In the Correspondence before us , after the date , August 7 , 1849 , there is not one despatch signed " Palmerston . " What has he been doing for the last two years ?
The operations of the Foreign Secretary place the conduct of England in a mean and miserable light . We avowedly supported the Pope , rightfully deprived of his temporal authority ; we permitted , nay , encouraged , French intervention ; and while the Austrian , the Spaniard , the Frank , and the Neapolitan marched armies to crush a devoted people , the Minister of England mumbled and stammered about securing constitutional government and civil freedom . Like Pilate , he was prepared to wash his hands of the blood of the Romans , leaving it an ineffaceable stain upon the
Freuch , if they did not take his advice . His advice i—as if France did not know that it meant nothing ! We have seldom read a more disgustingly instructive Parliamentary paper than this " Correspondence relating to the Affairs of Rome . " It reveals no noble policy worthy of England , but discloses an ignoble shuffling system of diplomatic tactics disgraceful to England . It cannot be too distinctly impressed upon the minds of all classes of Englishmen , that the Roman republic was put down with our consent , and at our instance , and that the restoration of the Pope was approved of
by the very men in Downing-street who are now laboriously framing a bill of pains and penalties against the Roman Catholic religion . To the Papal Government , with its inquisition , its spies , its authorised and daily atrocities , and "intolerable abuses , " they have only a diplomatic and canting objection ; but to the celebration of the Catholic religion , the barren assumption of territorial titles , and the internal regulation of the Catholic Church , they pretend the direst , yet , puniest , hostility . It surely were fit that Palmerston ' s Roman Despatches and Russell ' s Durham Letter were bound up together .
Untitled Article
PROGRESS OF ASSURANCE . THE HOVEKEIONr LIFE ABSUUANOE COMPANY . Rec aiiding them in the magnitude of their operations and as involving the welfare of our country , as controlling and managing so many millions of money , as combinations of men for the benefit of their fellow-creatures , life assurance companies must be considered among the most important institutions of this age . To the admirers of the principle of Concert a principle which is daily becoming more and more acknowledged by every class of society—nothing can be more gratifying than the rise and progress of these associations , as so many practical developments of a principle which is yet to work out the welfare wf the human race . In life aaseurance the advantages of combined operation are singularly manifested . By it a benefit is secured to thone who suffer loss , paid in infinitesimal amounts by those who pass unscathed . By the principle of concert , all the uncertainties and evils of life may bo if not removed , at least mitigated ; for throughout ever / event and affair of existence , that which appears to be mere isolation and chance , is . by the doctrine of averages , proved to bo a part of an harmonioua and concerted whole . There is
nothing so uncertain as human life in regard to particular individuals , but there is nothing less liable to fluctuation than the average value and expectation of life in a number of persons . And on this principle is it that life assurance associations are baaed . We would that the year 1851 , the year of Progress , might show a new march in the more general adoption of assurance , and that every man who retires to bed in fear lest his household goods might be consumed in the night , might also be impressed with as salutary a dread that the light of his own existence might be quenched before the morning .
The extension of life assurance is one of the surest roads to the prosperity of the people . If , however , it had been continued on the principle of the old offices , simply as a means of insuring a prospective advantage equivocal in all points but that of placing a large sum in the pockets of the directors and proprietary , we should have had little hope of its adoption by the masses . Indeed , one of the causes operating to retard its progress is ignorance of the various immediate , as well as deferred ,
advantages which it provides . The establishment of offices on a modernized and liberal principle is a boon more recognized by the old offices than by the community , for whose benefit they are . Those whose craft is in danger are generally not slow in appreciating the superior advantages of their antagonists ; and a war is now waging between the old and modern assurance offices of the metropolis , in which the former are sure to be vanquished , and the result of which must be advantageous to the public .
Amongst the modern offices which , providing the most perfect security to the assured , offer advantages which seem like a fairy tale beside the prospectuses of the ancient corporations , is the " Sovereign Life Assurance Company . " It was established , not alone for new applications of assurance for temporary purposes , but for giving advantages immediate as well as prospective to the assured . A large proprietary affords a guarantee for its financial stability , while the advantages of a mutual company are provided by the division of 75 per cent , of the profits among the assured . This may be received in cash ; by an addition to the amount of the policy ; or by reduction of the pre §
mium : and as assurers are also participators in the profits derived from policies granted in connection with loans and advances , this division is really tantamount to sharing- in the whole profits . All inquiries being made before the proposals are accepted , the payment of a policy cannot be disputed or delayed on account of any error in the proposal . When death unhappily arises from duelling or suicide , assigned policies are valid ; and if not assigned , a proportion of the premiums received is given up to the survivors . The lowness of the whole-life tables may be seen by the fact that a person of thirty may secure £ 100 at his death by the annual payment of £ 2 9 s . 4 ( 1 ., and be entitled to a division of 75 per cent , of the profits of the
company . With regard to annuities , in addition to the old form of purchase , by one table two-thirds , and by another the whole of the money paid for the purchase of a deferred annuity is returned in caee of death before attaining the specified age . So that a person may provide for himself in old age , and at the same time accumulate a fund for the benefit of his relations should death interpose to prevent his enjoying the annuity .
In the system of endowments for children aLso the tables of this company show a decided advance . Parents , by a single payment or by amall annual payments , may provide for the marriage portion of a daughter , or for establishing a son in business- on attaining his majority . There are three tables for this purpose . By the first , the money paid is forfeited in case of death of the endowed ; by the Becond , two-thirds of the money paid are returned in case of death before the specified age ; and b y the third , the whole of the money is returned . Ilere wo have modifications which give every man an opportunity of providing for his children , and procuring for them an advancement in life not to bo obtained with certainty by any other means .
Although the benefits of life assurance are so great , the various ways in which the principles may he made available jnve it an additional value . SuppoBO a perton has a life income of £ 1000 a-year , how readily might he appropriate £ 150 a-year to assuring hi * hfo for £ 6000 , which would leave hia family comfortably provided for . The possessor of entailed estates , effecting assurances
Untitled Article
June 21 , 1851 . ] 1 &t ) t VLtaXstX . 583
-
-
Citation
-
Leader (1850-1860), June 21, 1851, page 583, in the Nineteenth-Century Serials Edition (2008; 2018) ncse-os.kdl.kcl.ac.uk/periodicals/l/issues/vm2-ncseproduct1888/page/11/
-