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THREE:Before the close of April a great commercial crisis had taken place in England, and Ministers were compelled to make a new issue, by consent of Parliament, of five millions of Exchequer Bills, to assist merchants and manufacturers, under proper security. The sudden expansion of industry which was met by an undue increase of the paper currency rather than bullion, combined[417] with reckless banking, produced the crisis. It was calculated that out of the 350 provincial banks 100 failed. In the circumstances the issue of Exchange Bills was a most successful makeshift.Dumouriez, the new Foreign Minister, advised the king to communicate this note to the Assembly without a moment's delay. There was immediate dissension in the royal council. This was the commencement of the division in the Gironde Ministry, which quickly destroyed it. Dumouriez proceeded, in the presence of the king, the rest of the Ministers, and a number of courtiers, on the 20th of April, to make that announcement which was to decide the fate of France and of Europe. Roland and the more determined Girondists had recommended that the king should himself make the declaration of war; but as the war itself was most repugnant to the king, Dumouriez had advised that he should only consult with the Assembly on the necessity of this declaration, and thus throw the responsibility on that body. There had been division of opinion amongst Ministers, and now Dumouriez read a detailed account of the negotiations with Austria, and then Louis, who looked jaded and anxious, stated that he had followed the recommendations of the Assembly, and of many of his subjects in various parts of France, in these negotiations, and, as they had heard the results, he put it to the Assembly whether they could any longer submit to see the dignity of the French people insulted, and the national security threatened. The speech was received with loud acclamations and cries of "Vive le Roi!" The President said they would deliberate, and the result was that a decree was passed resolving upon war. This resolve the Assembly justified by the declaration that the Emperor of Austria had concerted with the Emigrants and foreign princes to threaten the peace and the constitution of France; that he had refused to abandon these views and proceedings, and reduce his army to a peace establishment, as demanded of him by a vote of the 11th of March of this year; that he had declared his intention to restore the German princes by force to the possessions they had held[400] in Alsace, although the French nation had never ceased to offer them compensation; and that, finally, he had closed the door to all accommodation by refusing to reply to the dispatches of the king.

THREE:The new general was hailed by the territories as deliverer until he found the truth and told it, after which they called him all manner of hard names, for that is the sure reward of the seeker after fact. He prepared for war, seeing how things were, but he tried for peace the while. He sent to the bucks who lurked in the fastnesses and strongholds, and said that he was going out alone to see them. He left his troops and pack-train, and with two interpreters and two officers repaired to the ca?on of the Black River, where he scrambled and slid, leading his scrambling,[Pg 178] sliding mule down the precipices of basalt and lava among the pines and junipers."Felipa!" he cried, "Felipa!"