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FORE:William Stanhope was rewarded for his accomplishment of this treaty with the title of Lord Harrington, and was soon after made Secretary of State. But whilst the English were delighted by the completion of the treaty, the Emperor was enraged by it, and his mortification was doubled by the fact that, when he sought to raise four hundred thousand pounds by a loan in London to supply the want of his Spanish subsidies, the Ministry brought in and rapidly passed a Bill prohibiting loans to foreign Powers, except by a licence from the king under the Privy Seal. The Opposition raised a loud outcry, calling it "a Bill of Terrors," an "eternal yoke on our fellow-subjects," and a "magnificent boon to the Dutch." But Walpole very justly answered, "Shall British merchants be permitted to lend their money against the British nation? Shall they arm an enemy with strength and assist him with supplies?"At this juncture, while daily desertions thinned Mar's army at Perth, arrived the Pretender. He landed at Peterhead on the 22nd of December. On the 6th of January, 1716, he made his public entry into Dundee, at the head of his cavalcade, the Earl of Mar riding on his right hand, and the Earl Marshal on his left, and about three hundred gentlemen following. His reception was enthusiastic. The people flocked round him to kiss his hands; and to gratify this loyal desire he remained an hour in the market-place. On the 8th he arrived at Scone, and took up his residence in the ancient palace of his ancestors. There he was only two miles from the army, and having established a council, and issued six proclamations, ordering a public thanksgiving for the "miraculous providence" of his safe arrival, for prayers in the church, for the currency of foreign coin, for a meeting of the Convention of Estates, for all fencible men from sixteen to sixty to repair to his standard, and for his coronation on the 23rd of January, he presented himself before the army. But here the scene was changed. Instead of enthusiasm there was disappointment��disappointment on both sides. The soldiers, who expected to see a royal-looking, active-looking man, likely to encourage them and lead them on their career, beheld a tall, thin, pale, and dejected sort of person, who evidently took no great interest in them. That the Pretender should not exhibit much vivacity was no wonder. He had been assured by Mar that his army had swelled to sixteen thousand men; that the whole North was in his favour; and that he had only to appear to carry everything before him. On inquiring into the force, it turned out to be so miserably small, that the only desire was to keep it out of sight. The spirits of the Pretender fell, and though not destitute of ability, as is manifest by his letters, he had by no means that strength of resolution demanded by such an enterprise.

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