THE BANKRUPTCY OF THE GREEK KINGDOM.

Come let us drink their memory,

Those glorious Greeks of old--

On shore and sea the Famed, the Free,

The Beautiful--the Bold!

The mind or mirth that lights each page,

Or bowl by which we sit

Is sunfire pilfer'd from their age--

Gems splinter'd from their wit.

Then, drink and swear by Greece, that there

Though Rhenish Huns may hive

In Britain we the liberty

She loved will keep alive.

_Philhellenic Drinking Song._ By B. Simmons.

In our July No. CCCXXXIII.

Sir Robert Peel, Monsieur Guizot, and Count Nesselrode, Great Britain,

France, and All the Russias, have announced to the world that the kingdom

of Greece is bankrupt. The _Morning Chronicle_, at a time when it was

regarded as a semi-official authority on foreign affairs, declared and

certified that the king of Greece was an idiot. Verily! the battle of

Navarino has proved a most "untoward event."

In these degenerate days, a revolution is by no means so serious a matter

as a bankruptcy, and kings require rather more than the ordinary

proportion of wit to keep their feet steady in their slippery elevation.

Greece is therefore clearly in a most lamentable condition, and the

British public who adopted her, and fed her for a while on every luxury,

now cares very little about her misfortunes. Sir Francis Burdett, Sir John

Hobhouse, and the Right Honourable Edward Ellice, who once acted as her

trustees, and Joseph Hume--the immaculate and invulnerable Joseph himself,

who once stood forward as her champion--have forgotten her existence.

There can be no permanent sympathy where truth is wanting, but the public

does not attend to the correct translation of _Graecia mendax_; it ought

to convey the fact, that foreigners tell more lies about Greece than the

natives themselves. Old Juvenal calls the Greeks a mendacious set of

fabulists, for recording that Xerxes made a canal through the isthmus to

the north of Mount Athos. Colonel Leake declares that the traces of the

canal are visible to all men at this day, who ride across that desert

plain. The moral we wish to inculcate is, that modern politicians should

learn, from the error of the old Roman satirist, to look before they leap.

We shall now endeavour to supply our readers with an impartial account of

the present condition of the Greeks, without meddling with politics or

political speculation. Our opinion is, that the country ought not to be

put in the _Gazette_,--nor ought the king to be sent to the hospital.

Greece is not quite bankrupt, and King Otho is not quite an idiot. Funds

are scarce every where with borrowers in this unlucky year 1843, and wit

scarcer still with most men.

Our readers are aware, that Great Britain, France, and Russia, having

constituted themselves into an alliance for protecting Greece, concocted

together a long series of protocols, and selected Prince Otho of Bavaria

to be King of Greece.[A] The prince was then a promising youth of

seventeen years of age, destined by his royal father to be a priest,

and--his holiness the Pope willing--in due time a cardinal. At the time

of King Otho's election, a national assembly was sitting in Greece, and a

military revolution was raging in the country, in consequence of the

assassination of Capo d'Istria. The recognition of King Otho was obtained

from this national assembly by the ministers of the three protecting

powers, amidst scenes of promising, threatening, and stabbing, which will

long form a deep stain on the Greek revolution, and on European

diplomacy. Mr Parish, who was subsequently secretary of the British

Legation in Greece, has described the drama, and the share which the

ministers of the allied powers took in arranging its acts.

[Footnote A: Three large volumes of papers relative to the affairs of

Greece have been laid before Parliament in 1830, 1832, 1833, and 1836.]

It was well known that King Otho and his regency could not arrive for

several months; and it appeared to be the duty of the protecting powers,

who had selected a sovereign for Greece, to maintain tranquillity in the

country until the arrival of the new government. The representatives of

the allied powers shrank from this responsibility. The national assembly

seemed determined to vote two addresses--one congratulating King Otho on

his selection to the throne, assuring him of the submission of the nation,

but stating to him the laws and usages of Greece, and informing him that

his new dignity imposed on him the duty of rendering justice to all men

according to the laws and institutions of Greece. This address might have

failed to interest the foreign ministers, but it became known that another

was to follow--thanking the protecting powers for the selection they had

made of a monarch, but calling upon them to maintain order in the country

until the arrival of the young king, or of a legally appointed regency.

The representatives of the European powers knew that Greece was in a state

of anarchy, and that the irregular troops scattered over the country, were

destroying the resources of the new monarchy; yet to escape the

responsibility of advising their courts to act, they thought fit to

persuade a few of the political leaders of different parties to unite in

silencing the observations of the representatives of the Greek nation, and

looked on while a military insurrection compelled the assembly to adopt a

decree in the following words--

"The representatives of the Greek

nation recognise and confirm the selection

of H.R.H. Prince Otho of Bavaria as

King of Greece.

"The present decree shall be inserted

in the acts of the assembly, and published

by the press."

The military rabble outside then rushed in and dispersed the

representatives of the Greek nation. No rhetorical Greek ever prepared

this precious decree. It tells its own tale; it is too diplomatically

laconic. It served its purpose in Europe: it looked so well suited to act

as an annex to a protocol. Here, however, we have the source of half the

evils of the Greek monarchy. King Otho's reign commenced with a violation

of law, order, and common sense; and as this violation of every principle

of justice had been openly countenanced by the political agents of the

protecting powers, King Otho was misled into a belief that Great Britain,

France, and Russia, wished to deliver Greece, bound hand and foot, and

despoiled of every right, into his hands.

Various reasons, at the time, induced the Greeks to submit to these

proceedings without a murmur, and even to turn away from those who

endeavoured to raise a warning voice. The truth is, no sacrifice was too

great, which held out a hope of putting an end to the existing anarchy.

About thirteen thousand irregular troops were occupying the richest part

of Greece, and destroying or consuming every thing that had escaped the

Turks. The cattle and sheep of the peasantry were seized, the olive trees

cut down for fuel; and while the people were dying of hunger, literally

perishing for want of food, these banditti were feasting in abundance. The

political Greeks, the jackals of diplomacy, cajolled the people and the

soldiers, by declaring that the allied powers had furnished the king with

money to pay the troops, and to indemnify every man for the losses

sustained during the revolution.

King Otho and his regency did at last arrive, and they brought with them

an army of Bavarians. The king was received with a degree of enthusiasm,

and with proofs of devotion which would have touched any hearts not

protected by an impenetrable padding of beer and sour crout. But it was,

unfortunately for the young king, the fashion at the new court to despise

and distrust the Greeks, to underrate their exploits, and to declaim

against their honesty. The revolution was treated as a war of words, the

defence of Missolonghi as a trifle, and the naval warfare as a farce. The

Greeks have since, on the mountains of Maina, and on the plain of

Phthiotis, shown themselves so far superior to the Bavarians when engaged

in the field, that we shall say nothing on that subject. Their honesty has

been generally considered more questionable than their courage; for though

the names of Miaulis, Kanaris, Marco Botzaris, Niketas, Kolocotroni and

Karaiskaki are known to all Europe, the only spotless statesman, in the

opinion of the Greeks themselves, is the unknown Kanakaris. The arrival of

the king, however, afforded singular proof of the strong feeling of

patriotism and honesty which prevailed among the people.

The Bavarians arrived in Greece early in 1833, and the revenues for that

year were estimated, by competent persons, at four millions of drachmas;

but it was thought that the regency would not succeed in collecting more

than three millions, as their recent arrival prevented their enforcing a

strict system of control. It was necessary, therefore, to trust much to

the honesty of the people, usually a poor guarantee for large payments

into the exchequer of any country. But the Greeks felt that their national

independence was connected with the stability of the new government, and

they acted with true nobility of feeling on the occasion. The revenues

received by the king's government in 1833, amounted to upwards of seven

millions of drachmas, although two months elapsed before some of the

provinces were relieved from the burden of maintaining the irregular

soldiery at free quarters. We believe that there never was a government in

the world which received the amount of the taxes imposed on the people

with such perfect good faith, as the Greek government in 1833. The

expenditure of the government for that year, amounted to something more

than thirteen millions and a half, and if Greece had been governed with

the honesty shown by the Greek people, the expenditure of future years

would never have exceeded that sum.

[We subjoin a statement of the revenues and expenditure of Greece, for

those in which the Greek government have condescended to publish their

accounts.

REVENUE. EXPENDITURE.

Drachmas. Drachmas.

1833, . . . . 7,042,653 1833, . . . . 13,630,467

1834, . . . . 9,455,410 1834, . . . . 20,150,657

1835, . . . . 10,737,011 1835, . . . . 16,851,070

1836, . . . . 12,381,000 1836, . . . . 16,447,126

1837, . . . . 13,313,393 1837, . . . . 16,190,527

After the king took the entire direction of public business into his own

hands, he gave up publishing any accounts, and accordingly none have

appeared in the Greek Gazette for the years 1838, 1839, 1840, and 1841.

Financial difficulties pressing hard in 1842, his Majesty resumed the

practice to a certain degree, by publishing a budget:--

REVENUE. EXPENDITURE.

Drachmas. Drachmas.

1842, estimated at 17,834,000 1842, . . . . 19,395,022

1843, . . . . 14,407,795 1843, . . . . 18,666,482

We may remark, that not the smallest reliance can be placed on these

budgets for the years 1842 and 1843. We are informed that 1,000,000

drachmas of the revenue of 1842 were still unpaid in the month of May

1843.]

We shall now endeavour to explain why the king's government has proved so

inefficient in improving the country, and afterwards examine the various

causes of its extreme unpopularity. To do this, it is necessary to state

what the government has really done; and also, what it was expected to do.

We shall try as we go along, to explain the part the protecting powers

have acted in thwarting the progress of improvement, and in encouraging

the court in its lavish expenditure and anti-national policy. It must,

indeed, constantly be borne in mind by the reader, that the three

protecting powers in their collective capacity have all along supported

the government of King Otho--and that even when the _Morning Chronicle_

called King Otho an idiot, and Lord Palmerston quarrelled with him and

scolded him, still England joined the other powers in continuing to supply

him with money to continue his immense palace, and pay his Bavarian

aides-de-camp. We may add, too, that if it had been otherwise, had either

Great Britain, France, or Russia, deliberately abandoned the alliance,

King Otho would immediately have ceased to be King of Greece, unless

supported on his throne by the direct interference of the other two. Had

the Greeks not looked upon him as the pledge that the protecting powers

would maintain order in the country, they would have sent him back to his

royal father, as ornamental at Munich, where an additional king would

make the town look gayer, but as utterly useless in Greece. Though,

England, France, and Russia, have therefore each in their turn acted in

opposition to King Otho, still they have always as a body supported his

doings, right or wrong.

Let us now see what the government of King Otho has done for Greece. From

1833 until 1837, Greece was governed by Bavarian ministers, and

accordingly the king was not considered directly responsible for the

conduct of the administration. These ministers were Mr Maurer, who, during

1833 and part of 1834, directed the government. He was supported with

great eagerness by France, and opposed with more energy by England. The

liberal and anti-Russian tendency of his measures, alarmed Russia, but

she showed her opposition with considerable moderation. Count Armansperg

succeeded Mr Maurer, and he ruled Greece with almost absolute power for

two years. He was supported by Lord Palmerston with the energy of the most

determined partizanship. The institutions of Greece, liberal policy, and

sound principles of commercial legislation, were all forgotten, because

Count Armansperg was anti-Russian. The opposition of France and Russia was

strongly announced, but restrained within reasonable bounds. Mr Rudhart

succeeded Count Armansperg. He, poor man! was assailed by England with all

the artillery of Palmerston; and as neither France nor Russia would

undertake to support so unfit a person, he was driven from his post.

The Greek government enjoyed every possible advantage during the

administration of these Bavarians. A loan of £.2,400,000, contracted under

the guarantee of the three protecting powers, kept the treasury full; so

that no plan for the improvement of Greece, or for enriching the

Bavarians, was arrested for want of funds. We shall now pass in review

what was done.

1. A good monetary system was established. The allies, it is true,

supplied the metal, but the Bavarians deserve the merit of transferring as

much of it as they could into their own pockets, in a very respectable

coinage.

2. The irregular troops were disbanded, and many of them driven over the

frontier into Turkey. The thing was very clumsily done; but, thank Heaven!

it was done, and Greece was delivered from this horde of banditti.

3. Every Bavarian officer or cadet was promoted, and every Greek officer

was reduced to a lower rank. We cannot venture to describe the rage of the

Greeks, nor the presumption of the Bavarians.

4. An order of knighthood was created, of which the decorations were

distributed in the following manner: One hundred and twenty-five grand

crosses, and crosses of grand commanders, were divided as follows: The

protecting powers received ninety-one, that is thirty a-piece if they

agreed to divide fairly. The odd one was really given to Baron Rothschild,

as contractor of the loan. The Bavarians took twenty-three. The Greeks

received ten for services during the war of the revolution, and during the

national assembly which accepted King Otho, and one was bestowed among the

foreigners who had served Greece during the war with Turkey. Six hundred

and fourteen crosses of inferior rank were distributed, and of these the

Greeks received only one hundred and forty-five; so that really the

protecting powers and the Bavarians reserved for themselves rather more

than a fair proportion of this portion of the loan, especially if they

expected the Greeks not to become bankrupt.

5. All the Greek civil servants of King Otho were put into light blue

uniforms, covered with silver lace, at one hundred pounds sterling a-head.

And, O Gemini! such uniforms! Those who have seen the ambassador of his

Hellenic majesty at the court of St James's, at a levee or a drawing-room,

will not soon forget the merits of his tailor.

6. Ambassadors were sent to Paris, London, St. Petersburg, Munich, Madrid,

Berlin, Vienna, and Constantinople, and Consuls-general to all the ends of

the earth.

Blackwood's Edinburgh Magazine — Volume 54, No. 335, September 1843 · 第 18 / 27 题