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Rt. Hon. Sir H. Langrishe, 15,000 for his patronage of Knocktopher, and a commissionership of revenue.The South Sea Company, with a folly of which extreme greed only is capable, endeavoured to put down these rival schemes and obtained an order from the Lords Justices and writs of scire facias against several of these new bubbles. It was like raising a wind to blow away the bubbles, forgetting that their own was a bubble too, and would go with them. The moment that the people began to distrust one they distrusted all. The panic became as great as the mania had been. The South Sea stock dropped in less than a month from one thousand to below six hundred. There was a simultaneous rush to sell out, and the shares must have sunk instantly to nil but for the gigantic exertions of the Company to raise money and buy in. The relief, however, was but temporary. The bankers and pawnbrokers who had advanced money on scrip broke and fled; merchants, goldsmiths, and speculators rushed away after them. Walpole was summoned in haste from Haughton to devise some means of staying the panic. He endeavoured to get the Bank of England to circulate three millions of South Sea bonds for a year; but the Bank, seeing that the case was desperate, declined it. This was decisive. The rage and despair of the swarming dupes were indescribable. They heaped[48] execrations not only on the South Sea Company, but on Ministers, the king, his mistresses, and the Royal Family, who had all been deep in the affair, and who had taken good care of themselves. George landed at Margate on the 9th of November, soon after which the South Sea stock fell to one hundred and thirty-five. On the 8th of December Parliament met, and promptly began to investigate the scandal."No," she said, "I told the Campbells I would not go to them."
ONE:Scarcely was the Rockingham Administration formed when they determined to recall England's ablest admiral, Sir George Rodney, and they carried this into execution in May of this year, and appointed Admiral Pigott in his stead. Lord Keppel, who had shown himself so sensitive in his own case, now he was at the head of the Admiralty not only recalled Rodney because he was of another party, but he did it in the coldest and most direct manner, through his secretary, Mr. Stephen. However, before this order of recall was issuedthe 1st of MayRodney had fought one of the greatest and most decisive battles which adorn the history of our navy. He had gone in all haste to the West Indies, with fourteen ships of the line, to join Sir Samuel Hood, who was vainly contending against the fleet of De Grasse and a strong land force at St. Christopher's. But, as De Grasse had landed eight thousand men, under De Bouill, and Hood had no land troops, he could not save the island. After its capture Rodney fell in with him, and their united fleet amounted to thirty-six ships of the line. It was well, for Hood informed Rodney that De Grasse was intending to join the Spanish general, Galvez, at St. Domingo, where they were to sail for a grand attack on the chief of the British West India Islands, Jamaica, almost the only island, excepting Barbadoes and Antigua, which Britain now owned in that part of the globe. On the 8th of April he was signalled that the French fleet was unmoored and proceeding to sea. Rodney instantly put out, and the next morning discovered this fleet under Dominica. The wind being in favour of De Grasse, he stood away for Guadeloupe; but Rodney gave chase, and Hood's squadron getting far in advance, De Grasse veered round in the hope of beating him before the rest of Rodney's fleet could come up. Hood received the fire of three men-of-war in the Barfleur, his ship, for some time; but he stood bravely to the enemy, and the wind now favouring Rodney, he came up and joined in the engagement. Several ships on each side were so much damaged that they were almost useless, and Captain Bayne, of the Alfred, was killed. The next morning the French were nearly out of sight; but Rodney pressed after them, for he knew that if they succeeded in joining the Spaniards, he should have sixty sail, instead of thirty-six, to contend with.When the day came he rode out with most of the garrison to meet her. He was anxious. He recalled Anne of Cleves, and had a fellow-feeling for the King. By the time they came in sight of the marching troops, he had worked himself to such an implicit faith in the worst that he decided that the wide figure, heavily blue-veiled, and linen-dustered, on the back seat of the Dougherty was she. It is one of the strongest arguments of the pessimist in favor[Pg 17] of his philosophy, that the advantage of expecting the disagreeable lies in the fact that, if he meets with disappointment, it is necessarily a pleasant one.
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Then Landor spoke to the commissary officer. "You will oblige me, Mr. Brewster, by returning those bids to the safe and by opening the door for me." He dropped the blanket, drew back his cut hand, warm and wet with blood, and wrapped it in a handkerchief very deliberately, as he waited.Britain was anxiously appealed to for aid; but Pitt, who had raised so powerful an armament to check the attacks of Russia on Turkey, was not disposed to denounce the attempts of Russia on Poland. He might be blamed for refraining from exerting the moral power of Britain in condemnation of the unprincipled aggression of Russia, but he could not be expected to take arms in defence of Poland, so far removed from the influence of a maritime nation. Colonel Gardiner, our Minister at Warsaw, was instructed by our Secretary for Foreign Affairs, Lord Grenville, to express a friendly interest towards Poland, but to take care to avoid raising hopes of assistance. The Poles, repelled by Prussia and Austria, and finding no warmth of sympathy in the agent of Britain, dispatched Count Bukaty in June to London to plead for aid. But Pitt was cold and immovable, though he saw with regret that the absorption of this large country, in the centre of Europe, would formidably increase that preponderance of Russia, which he had attempted to prevent when there was a question of the absorption of Turkey. He adopted an attitude of strict neutrality. No motion condemnatory of Russia's grasping schemes was made in Parliament; it seemed to Britain a matter of no moment that one of the chief nations of Europe should be torn in pieces by rapacious Powers, contrary to all moral and international law. The Whigs, those warm advocates of revolution and of popular freedom, were dumb. In fact, what could they say? Fox and his admirers had all along been lauding the Russian Empress as one of the greatest, ablest, and most innocent of monarchs, simply in opposition to Pitt and his endeavours to repress her schemes of aggrandisement. Fox had even sent Mr. Adair as his emissary to St. Petersburg, to congratulate her on her successes, and to assure her of the admiration of Englishmen. Such are the perversities into which men are driven by party spirit! At this very moment Fox and the Whigs were flattering and patting Catherine on the back, when her bandit armies had already their feet on the doomed soil of Poland, and they were still applauding the Revolutionists of France, when they were already beyond the Rhine, on that crusade of conquest which plunged Europe into more than twenty years of the most horrible bloodshed. They saw all this when too late. For the present, what was done for Poland was to call a meeting at the Mansion House and open a subscription for the suffering Poles."THE POLLING."
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