
ONE:The restless Englishman, much more like a Frenchman in temperament and character than a native of England, had married Madame de Villette, a niece of Louis XIV.'s last mistress, Madame de Maintenon, a lady rich and well-trained in all the Court life of Paris. By this means Bolingbroke was brought into close connection with that Court. The notorious Cardinal Dubois had died in August, 1723, and in less than four months died also the Duke of Orleans, the Regent. Louis XV. being nominally of age, no other Regent was appointed; but the Duke of Bourbon, a man of better character but of less ability than the Regent, Orleans, was Prime Minister. He was greatly under the influence of his bold and ambitious mistress Madame de Prie; and Bolingbroke, who was high in the favour of both Minister and mistress, flattered himself that, with the aid of his courtier wife, he could govern both them and France.And, in truth, everything now seemed to run counter to Walpole, and to tend towards war. His colleague, the Duke of Newcastle, who had been one of the most obsequious of subordinates both under Stanhope and Walpole, now thought he should serve himself decidedly by advocating war. The king was naturally of a martial turn; he had won some military repute in his youth, and he was no longer under the exceedingly sensible guidance of the queen. Newcastle, therefore, probably in the hope of supplanting Walpole, fostered this spirit in the king, and took advantage of it to recommend warlike measures in the Cabinet, and to send despatches to the British ambassadors in Spain, which but for the energy and wisdom of Walpole might have done irreparable mischief, and which rendered the negotiations extremely difficult. Lord Chancellor Hardwicke and Lord Harrington arrayed themselves on the same side, and blew the war-note in the House of Lords with unrestrained zeal. There was a time when Walpole would have had[71] these antagonistic colleagues dismissed; but both he and they saw too well that there was such a strong war spirit in both king and people, that no such thing was possible. He therefore pursued his efforts with the Court of Spain for peaceable conclusions, at the same time that he fell in so far with the belligerent spirit as to make active preparations as if for an encounter. This, however, was his last and most powerful argument for peacean argument meant to tell on the fears, as he could not reach a spirit of conciliation in the Spaniards.

ONE:Mr. Goulburn's financial statement was made on the 8th of May, 1844. It comprised some small reductions of taxation, and the foretaste of an important modification of the sugar duties. As a money account it was encouraging, and showed some progress in diminishing the disastrous effects of Whig finance. The past financial year had witnessed a gross surplus of revenue over expenditure of more than 4,000,000; or, after paying the deficiency of the previous year, 2,400,000; and after making other deductions there was, for the first time for many years, an available surplus, amounting to 1,400,000. The anticipated good effects of relieving industry from burdensome taxes had been more than realised. The estimate of the revenue had actually been exceeded by 2,700,000. The Budget, therefore, fully justified the policy of 1842; but the Chancellor of the Exchequer ventured only on a small and timid extension of the principles then laid down, with the reduction or abolition of duty on flint-glass, currants, wool, and some other minor matters. The abolition of the wool duty provoked new hostility to the impolitic duty on cotton. The concession to Free Trade principles was small; but the movement was kept up, and there was at least no sign of reaction.Sir Henry Clinton had for some time been aware of the real destination of the united forces of Washington and Rochambeau. He must have seen that there was a determined resolve to crush, by the most powerful combination of American and French forces, the army in the south, and every exertion should have been made by him, with fleet and army, to release Cornwallis from his peril. But, instead of sending direct reinforcements to Cornwallis, and ordering the fleet to engage the enemy's attention, and, if possible, defeat De Grasse in the Chesapeake, he concocted a diversion in Connecticut with Arnold, which he fondly hoped would recall Washington. Sir Henry Clinton contemplated further expeditionsfirst against the Rhode Island fleet, and next against Philadelphia; but these never came off, and matters were now every day assuming such an aspect as should have stimulated him to some direct assistance to Cornwallis.