These debates were immediately followed by the opening of the Budget on the 23rd of Februaryan opening which was enough to have made any men but such as were then at the head of British affairs pause in their ruinous career. There was a call for one hundred thousand seamen, for one hundred and sixty thousand regulars, and fifty-six thousand militiatotal, two hundred and sixteen thousand soldiers, besides volunteers, fencibles, and foreign troops in British pay, amounting, by land and sea, to at least four hundred thousand men! For their support there were demanded sixteen million and twenty-seven thousand pounds, in addition to other taxes to make up deficiencies and interest on the Debt; the whole revenue demanded was twenty-seven million five hundred thousand pounds. Besides this there was an annual subsidy to the King of Sardinia of two hundred thousand pounds, although there was no prospect whatever of saving him. To raise all this, new duties had to be laid on tea, coffee, raisins, foreign groceries and fruits, foreign timber, insurances, writs, affidavits, hair-powder, licences, etc., and the revenue from the Post Office, while the privilege of franking had to be abridged. The only tax that the compliant aristocracy protested against was that on the powdered pates of their menials; but the country cried lustily and in vain against the increase of taxation, which, gross as it was, was but the beginning of their burdens and of the burden of posterity.
For a moment Walpole appeared about to fall from his altitude, and the Jacobite faction was in ecstasies. The dispatch of Townshend, announcing the king's death in Germany, arrived in London on the 14th of June, and was soon followed by himself. Walpole instantly hastened to the palace of Richmond, where the Prince of Wales resided, and was told that the prince was taking his usual afternoon siesta. He desired that he might be awoke, in consequence of important intelligence. George, suddenly aroused, rushed forth half dressed to learn the urgent business, when Walpole knelt down and kissed his hand, informing him of his father's decease, and that he was king. George was at first incredulous, but Walpole produced Townshend's dispatch, and inquired whom his majesty would be pleased to appoint to draw up the necessary declaration to the Privy Council, trusting that it would be himself. To his consternation and chagrin the king said abruptly, "Compton;" and Walpole withdrew in deep vexation, imagining his own reign was at an end.
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He was surprised, but he was pleased too, and he took the long fingers in his and held them gently.And so he had to accept it. He rose, with a slight sigh, and returned to the examination of his spoils.Larsen, why arent you by your airplane? demanded Mr. Whiteside.On the opening of Parliament, in January, 1738, a desperate effort was made by the Opposition at once to reduce the army and to kindle a war with Spain. Walpole proposed to place the army on a footing of seventeen thousand men. The "Patriots," as they were called, voted to reduce the number to twelve thousand. Walpole, exasperated at their factious conduct, launched an indignant sarcasm at them, which produced so much effect that they did not venture to divide on the motion. "No man of common sense," said Walpole, "will now profess himself openly a Jacobite; by so doing he not only may injure his private fortune, but must render himself less able to do any effectual service to the cause he has embraced; therefore there are but few such men in the kingdom. Your right Jacobite, sir, disguises his true sentiments. He roars out for revolutionary principles; he pretends to be a great friend to liberty and a great admirer of our ancient Constitution; and under this pretence there are numbers who every day endeavour to sow discontent among the people."165The millionaire, it went on, coming East to meet his wife, returning on their yacht from Europe, had investigated the uncanny events reported to him by his caretaker and others.