In 1804 he was promoted Rear-Admiral, and soon afterwards assigned to the East India Station, which he held from 1805 to 1809. Here no naval actions on the great scale were to be fought, but under his systematic organization of convoys and cruisers for the protection of commerce the insurance premium—the war risk—on the most exposed routes fell markedly,—for the port of Bombay fifty per cent less than at any former period of hostilities; while the losses by capture, when the merchants observed his instructions, amounted to but one per cent on the property insured, which was less than those caused by the dangers of the sea, and considerably less, also, than the average war losses in other parts of the world. All this shows great ability, carefully utilized in diligent preparation and efficient precaution; and the same characteristics are to be observed in his administration of the Mediterranean command, of wider scope and more purely military importance. Nevertheless, it gives no sure proof of the particular genius of a great captain. Whether, having forged his weapon, Pellew could also wield it; whether, having carefully sowed, he could also reap the harvest by large combinations on the battle-field, must remain uncertain, at least until probable demonstration of his conceptions is drawn from his papers. Nothing is as yet adduced to warrant positive inference.
Pellew’s Mediterranean command coincided in time with the period of Napoleon’s falling fortunes. After Trafalgar, the Emperor decided to increase his navy largely, but to keep it in port instead of at sea, forcing Great Britain also to maintain huge fleets, the expense of which, concurring with the commercial embarrassments that he sought to bring upon her, might exhaust her power to continue the war. In consequence of this policy, British military achievement on the grand scale was confined to the army in the Spanish peninsula; and in the bestowal of rewards, after Napoleon’s first abdication, but one peerage was given to the navy. The great claims of Sir James Saumarez, who was the senior of the two, were disregarded on the ground that his flag was not flying at the moment, and Pellew was created Baron Exmouth.
During the process of settlement which succeeded the final fall of Napoleon at Waterloo, Lord Exmouth remained in the Mediterranean. In the early part of 1816 he was ordered to visit with his fleet the Barbary ports, and to compel the unconditional release of all slaves who were natives of the Ionian Islands; they having become subjects of Great Britain by the terms of the peace. For many years, while the powers of Europe were engrossed in the tremendous strife of the French Revolution, these piratical states, under pretence of regular hostilities, had preyed upon the coasts as well as upon the commerce of the weak Mediterranean countries, and captives taken by them were kept in bitter slavery. Nelson in his correspondence, in 1796, mentions a curious incident