Napoleon's Wars_ An International History, 1803-1815 - Charles Esdaile [224]
Yet the collapse of the Spanish cause would almost certainly have changed matters in this respect. Not only would it have spurred the opponents of the war to fresh efforts, but there were limits even to what the government, now headed by Spencer Perceval, could accept. By the end of 1810 Britain’s ability to bear the cost of the war was clearly faltering, and it was only with some difficulty that Wellington had persuaded the Cabinet to give him the resources he required to take the offensive in the spring of 1811. Indeed, such were London’s financial worries that there were serious proposals for his forces to be reduced. With the hope of victory gone - the Anglo-Portuguese army could not have fought the war single-handed - the Perceval administration would have quite probably given up even its commitment to the defence of Portugal.
Setting aside the government’s deficiencies - on the surface it was hardly an impressive body - what makes this even more likely is the economic context. After two years of renewed confidence and growth in part brought about by the greatly improved access Britain now enjoyed to the Latin American market, in 1811 there was a serious economic slump. The causes were complex, but essentially a poor harvest coincided with a change in Napoleon’s operation of the Continental Blockade: that in effect legalized the importation of British goods and badly hit the many speculators who had been profiting from the wholesale smuggling trade that had grown up since 1806. With this, in turn, came a great wave of bankruptcies and a significant upturn in unemployment. It may also be significant that 1811 saw the peak of the enclosure movement in the countryside and, by extension, an increase in migration to the towns, just at a moment when house-building - one of the trades most suited to absorb large numbers of unskilled labourers - was at a low ebb through the cumulative effect of years of high taxation. Distress was acute, and its expression assumed forms that were much more frightening than the ‘peace petitioning’ of 1807. General unrest and rioting spread across key industrial areas of the country, and this was underpinned by much criticism of the war, and, in particular, the Orders-in-Council, which were, entirely wrongly, held responsible for the slump in trade. Nor were these measures just hated