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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.

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It is a valley of death now, parched and desolate, a waste of white sandthe dry bone dust of the cycles. But then, when the lava came surging and boiling and flaming across the plain, not a thin stream, but a wide, irresistible current, there was life; there was a cityone city at least. It is there now, under the mass of sharp, gray, porous rock; how much of it no one knows. But it is there, and it has given up its unavailing hints of a life which may have been older than that of Herculaneum and Pompeii, and is as much more safely hidden from the research of the inquiring day as its walls are more hopelessly buried beneath the ironlike stone than are those of the cisalpine cities beneath their ashen drift.Their general, Lescure, was killed, and most of their other leaders were severely wounded. Kleber triumphed over them by his weight of artillery, and they now fled to the Loire. Amongst a number of royalist nobles who had joined them from the army of the Prince of Cond on the Rhine, was Prince de Talmont, a Breton noble, formerly of vast property in Brittany, and now of much influence there. He advised them, for the present, to abandon their country, and take refuge amongst his countrymen, the Bretons. The whole of this miserable and miscellaneous population, nearly a hundred thousand in number, crowded to the edge of the Loire, impatient, from terror and despair, to cross. Behind were the smoke of burning villages and the thunder of the hostile artillery; before, was the broad Loire, divided by a low long island, also crowded with fugitives. La Roche-Jaquelein had the command of the Vendans at this trying moment; but the enemy, not having good information of their situation, did not come up till the whole wretched and famished multitude was over. On their way to Laval they were attacked both by Westermann and Lchelle; but being now joined by nearly seven thousand Bretons, they beat both those generals; and Lchelle, from mortification and terror of the guillotinenow the certain punisher of defeated generalsdied. The Vendans for a time, aided by the Bretons, appeared victorious. They had two courses open before them: one, to retire into the farthest part of Brittany, where there was a population strongly inspired by their own sentiments, having a country hilly and easy of defence, with the advantage of being open to the coast, and the assistance of the British; the other, to advance into Normandy, where they might open up communication with the English through the port of Cherbourg. They took the latter route, though their commander, La Roche-Jaquelein, was strongly opposed to it. Stofflet commanded under Jaquelein. The army marched on in great confusion, having the women and children and the waggons in the centre. They were extremely ill-informed of the condition of the towns which they approached. They might have taken Rennes and St. Malo, which would have greatly encouraged the Bretons; but they were informed that the Republican troops were overpowering there. They did not approach Cherbourg for the same cause, being told that it was well defended on the land side; they therefore proceeded by Dol and Avranches to Granville, where they arrived on the 14th of November. This place would have given them open communication with the English, and at the worst an easy escape to the Channel Islands; but they failed in their attempts to take it; and great suspicion now having seized the people that their officers only wanted to get into a seaport to desert them and escape to England, they one and all protested that they would return to the Loire. In vain did La Roche-Jaquelein demonstrate to them the fatality of such a proceeding, and how much better it would be to make themselves strong in[425] Normandy and Brittany for the present; only about a thousand men remained with him; the rest retraced their long and weary way towards the Loire, though the Republicans had now accumulated very numerous forces to bar their way. Fighting every now and then on the road, and seeing their wives and children daily drop from hunger and fatigue, they returned through Dol and Pontorson to Angers: there they were repulsed by the Republicans. They then retreated to Mons, where they again were attacked and defeated, many of their women, who had concealed themselves in the houses, being dragged out and shot down by whole platoons. At Ancenis, Stofflet managed to cross the Loire; but the Republicans got between him and his army, which, wedged in at Savenay, between the Loire, the Vilaine, and the sea, was attacked by Kleber and Westermann, and, after maintaining a desperate fight against overwhelming numbers and a terrible artillery, was literally, with the exception of a few hundred who effected their escape, cut to pieces, and the women and children all massacred by the merciless Jacobins. Carrier then proceeded to purge Nantes in the same style as Collot d'Herbois had purged Lyons.All right, agreed Sandy. Dick, you and I are the ground crew. As soon as youre ready, Mr. Whiteside, well take hold!
ONE:CHAPTER XII. REIGN OF GEORGE III. (continued).[See larger version]
THREE:THE SOUTH SEA BUBBLE. (After the Picture by E. M. Ward, R.A., in the National Gallery, London.)
THREE:Jeff! said Dick, briefly.In our time this defeat would, as a matter of course, have turned out the Ministry, but in that day it had no such effect. They continued to hold office, and to command undiminished majorities on other questions. Still more singular was its effect, for it induced them to offer office to their triumphant opponent Walpole, who not only accepted a subordinate post amongst themthe Paymaster of the Forcesbut consented to support the very clauses regarding the Scottish peers which he had so firmly denounced, should they be inclined to bring forward the Bill a third time.
THREE:
TWO:

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TWO:"In time, Felipa? In time for what, dear?" but there was no answer.

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THREE:Then, recovering, and supposing Dick had called from close inside the hangar, they took the quickest way in, and interfered with one another at the small opening in the plates.
THREE:When the resolutions of the Committee were reported two days afterwards, the debate was renewed with all its vehemence, and Pulteney unveiled another view of the case, which had much real truth and warning in it. "It is well known," he said, "that every one of the public officers have already so many boroughs or corporations which they look on as their properties. There are some boroughs which are called Treasury boroughs; there are others which may be called Admiralty boroughs; in short, it may be said that nearly all the towns upon the sea-coast are already seized upon, and in a manner taken prisoners by the officers of the Crown. In most of them they have so great an influence that none can be chosen members of Parliament but such as they are pleased to recommend. But, as the Customs are confined to our seaports, as they cannot travel far from the coast, therefore this scheme seems to be contrived in order to extend the laws of Excise, and thereby to extend the influence of the Crown over all the inland towns and corporations of England."But in October the patriots of Breda surprised the forts of Lillo and Liefkenshoek, on the Scheldt. Dalton dispatched General Schr?der with a strong force, who retook the forts; but on Schr?der's venturing to enter Turnhout after the insurgents, a body of three thousand of them, under Van der Mersch, armed with pitchforks, bludgeons, and staves, attacked and drove him out. General Bender, who had been dispatched against the insurgents at Tirlemont, was driven out in the same manner. General Arberg was compelled to retreat behind the Scheldt, and the people were victorious in Louvain, Ghent, Bruges, Ostend, and most towns of the district. Both Joseph and his Governor and Commander in the Netherlands now fell into the utmost alarm. The news which Marie Antoinette sent from Paris to her Imperial brother only rendered this consternation the greater. Joseph, with that sudden revulsion which he had manifested on other occasions, after equally astonishing rashness, now issued a conciliatory proclamation, offering to redress all grievances on the condition of the Netherlanders laying down their arms. But they were not likely, after former experience, to trust any such promises of Joseph. On the 20th of November the States of Flanders assumed the title of the High and Mighty States; they declared the Emperor to have forfeited the Crown by tyranny and injustice; they proclaimed their entire independence, and ordered a levy of twenty thousand men.
THREE: Lord Loftus, 30,000 for boroughs, and made an English marquis.No sooner had Collot d'Herbois, Barrre, and that party triumphed over Robespierre than they summoned the members of the tribunal to their baray, on the very morning of the day of his executionand voted them honours amid much applause. The tribunal replied, that though a few traitors like Coffinhal and Dumas had found their way into the tribunal, the majority of them were sound and devoted to the Convention. Accordingly, the next day the Convention handed over to Fouquier-Tinville and his colleagues a list of fresh proscriptions of sixty-nine municipals, and a few days afterwardsnamely, the 12th of Thermidor, being the 30th of Julythey added twelve more, completing eighty-one victims! These were all executed within twenty-four hours. The Convention then fell into new divisions, some members contending for its being time to cease these tragedies, others insisting on maintaining them. Billaud-Varennes, Barrre, and Collot d'Herbois defended the guillotine and Fouquier-Tinville, but the greater number of the enemies of Robespierre denounced them, declared themselves the overthrowers of Robespierre, and assumed the name of Thermidorians, in honour of the month in which they had destroyed him. For the Thermidorians saw that the better part of the public had become sick of blood, and they set about contracting the Reign of Terror. They reduced the powers of the two governing Committees; they decreed that one-fourth of the members should go out every month; they reduced the revolutionary sections of Paris from forty-eight to twelve, and abolished the forty sous a day to the sansculotte patriots for their attendance. A month after the execution of Robespierre, Tallien made a fierce onslaught on the Terrorist system, and declared that there were numbers yet living who had been equally merciless with Robespierre, Couthon, and St. Just; and the next day Lecointre denounced by name Barrre, Billaud-Varennes, and Collot d'Herbois. To put an end to the Jacobin resistance, the Convention closed the Jacobin Club altogether, which had thus only survived the fall of Robespierre about four months. Thereupon the Jacobins began to denounce the Thermidorians as anti-Republicans, but they retorted that they were Republicans of the purest schoolthat of Marat.
THREE:"I disobeyed orders," said Felipa.Accordingly, on the morning of the 17th, he sent a flag of truce to Washington, proposing a cessation of hostilities for twenty-four hours, in order that commissioners might meet and settle the terms of surrender. They were soon arranged, and articles of surrender were signed by the respective generals on the morning of the 19th of October.
THREE:But though Pitt ceased to be a Parliamentary reformerand by degrees became the most determined opponent of all reformhe yet made an immediate movement for administrative reform. He took up the plans of Burke, praying for a commission to inquire into the fees, gratuities, perquisites, and emoluments received in the public offices, with reference to existing abuses. He stated that, alreadyacting on the information of reports of the Board of Commissioners appointed in Lord North's timefixed salaries, instead of fees and poundages, had been introduced in the office of the land-tax, and the Post Office was so improved as to return weekly into the Treasury three thousand pounds sterling, instead of seven hundred sterling. Similar regulations he proposed to introduce into the Pay Office, the Navy and Ordnance Office. He stated, also, that he had, when out of office, asserted that no less than forty-four millions sterling was unaccounted for by men who had been in different offices. He was ridiculed for that statement, and it was treated as a chimera; but already twenty-seven millions of such defalcations had been traced, and a balance of two hundred and fifty-seven thousand pounds sterling was on the point of being paid in. In fact, the state of the Government offices was, at that time, as it had long been, such that it was next to impossible for any one to get any business transacted there without bribing heavily. As a matter of course, this motion was strongly opposed, but it was carried, and Mr. Francis Baring and the two other Comptrollers of army accounts were appointed the Commissioners.
THREE:I have orders, at that, Mr. Whiteside told the pilot. You go back and get into the air and then cruise aroundjust in case Jeff does get started.[Pg 50]

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ONE:She warned them off with a careless "ukishee." But they did not go. Some ten pairs of eyes, full of unmistakable menace, followed her every movement. She let down the tent flaps and tied them together, taking her time about it. She was angry, and growing angrier. It was unendurable to her to be disobeyed, to have her authority put at naught on the few occasions when she chose to exercise it. She could keep her temper over[Pg 91] anything but that. And her temper was of the silent sort, rolling on and on, like a great cold swell at sea, to break finally against the first obstacle with an uncontrollable force. She had never been really angry but twice in her life. Once when she was in school, and when a teacher she liked, judging her by her frequent and unblushing lies to a teacher she disliked, doubted her word upon an occasion when she was really speaking the truth. It was after that that she had written to her guardian that she would run away. The second time had been when Brewster had tried to bully her. She knew that it would soon be a third time, if the Indians went on annoying her. And she was far more afraid of what she might do than of what they might do. But she took off the waist of her gown and began to brush her hair, not being in the least squeamish about letting the Apaches see her fine white arms and neck, if they were to open the flaps again.Cairness reminded him that Kirby had had a wife and children, too.

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He lay thinking for a while, then had her send the striker for Ellton, who promptly, and awkwardly, replied to the anxious question as to what might be the trouble, that he was not quite sure, but perhaps it had to do with these"these" being a small roll of newspaper clippings he took from his portfolio.What a contrast immediately presents itself in the generous nature of Steele, in the genial and pure writings of Addison! Both Addison and Steele were poets, Steele principally a dramatic poet, of considerable success; Addison was the author of "Cato," a tragedy, and the "Campaign," celebrating the victory of Blenheim, with other poems. But the reputation of both Steele and Addison rests on their prose. They were the introducers of essay and periodical writings, and carried these to a perfection which has never been surpassed. Richard Steele (b. 1671; d. 1729) has the honour of originating this new department of literaturea departmentwhich has grown into such importance, that the present age would scarcely know how to exist without it. He started the "Tatler" in 1709, issuing it three times a week, and was joined by Addison in about six weeks. The interest with which this new literary paper was expected at the breakfast tables of that day, can only be likened to that which the morning papers now excite. In 1711, the "Tatler" having come to an end, the "Spectator" was started on the same plan, jointly by Steele and Addison, and, this ceasing in 1712, in the following year the "Guardian" took its place. Steele was the largest contributor to the "Tatler" and "Guardian," Addison to the "Spectator." Various of their contemporaries furnished papers, Swift amongst the rest, but there are none which can compare with the vigorous, manly writing of Steele, and the elegant, and often noble, compositions of Addison. The mixture of grave and gay was admirable. In these papers we find abundant revelations of the spirit and manners of the times. The characters of Sir Roger de Coverley, Will Wimble, etc., have an imperishable English interest. The poetic and generous nature of Joseph Addison (b. 1672) was demonstrated by his zealous criticisms on Milton's "Paradise Lost," which mainly contributed to rescue it from the neglect which it had experienced. Addison, after Sir Philip Sidney, was the first to call attention to our old popular ballads, "Chevy Chase" and "The Babes in the Wood," the eulogies on which probably led Bishop Percy to the collection of the precious "Reliques" of the ballad lore of former ages. The "Spectator" and "Guardian" were published daily. Steele afterwards published the "Englishman," with which Addison had no concern, and it only reached to fifty-seven numbers. These two fellow-labourers, both in literature and Parliament, after nearly fifty years' friendship, were sundered by a mere political differencethe question of limiting the royal prerogative of creating peers, in 1719, the last year of Addison's life.Someway it had not occurred to him to be any more angry with Cairness than he had been with her. The most he felt was resentful jealousy. There was nothing more underhand about the man than there was about Felipa. Sending the note by the prospectors had not been underhand. He understood that it had been done only that it might make no trouble for her, and give himself no needless pain. Cairness would have been willing to admit to his face that he loved Felipa. That letter must have been written in his own camp.Mrs. Campbell took it as he did, for a matter of course. She wasted no words in expressing admiration for what he had done, but kept to the main issue, making herself useful, as women are rarely content to do when they deal with men, without indulging her taste for the sentimental. "Suppose I were to take her?" she suggested.
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