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FORE:

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FORE:In the period of madness, more or less enduring, of the victim of the Great Powers' policy, somebody who is innocent usually suffers. Sometimes the Powers know it, oftener they do not. Either way it does not worry them. They set about doing their best to destroy, and that is their whole duty.

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FORE:Ministers were soon compelled to pursue the policy which Pitt had so successfully inaugurated. With all the determination of Lord Bute and his colleagues to make a speedy peace, they found it impossible. The Family Compact between France and Spain was already signed; and in various quarters of the world Pitt's plans were so far in progress that they must go on. In East and West, his plans for the conquest of Havana, of the Philippine Isles, and for other objects, were not to be abruptly abandoned; and Ministers were compelled to carry out his objects, in many particulars, in spite of themselves. And now the unpleasant truth was forced on the attention of Ministers, that the war which Pitt declared to be inevitable was so, and that he had recommended the only wise measure. The country was now destined to pay the penalty of their folly and stupidity in rejecting Pitt's proposal to declare war against Spain at once, and strip her of the means of offence, her treasure ships. Lord Bristol, our ambassador at Madrid, announced to Lord Bute, in a despatch of the 2nd of November, that these ships had arrived, and that all the wealth which Spain expected from her American colonies for the next year was safe at home. And he had to add that with this, Wall, the Minister, had thrown off the mask, and had assumed the most haughty and insolent language towards Great Britain. This was a confession on the part of Lord Bristol that he had suffered Wall to throw dust in his eyes till his object was accomplished, and it made patent the fact that Pitt had been too sagacious to be deceived; but that the new Ministers, whilst insulting Pitt and forcing him to resign, had been themselves completely duped. Spain now, in the most peremptory terms, demanded redress for all her grievances; and, before the year had closed, the Bute Cabinet was compelled to recall Lord Bristol from Madrid, and to order Fuentes, the Spanish ambassador in London, to quit the kingdom. On the 4th of January, 1762, declaration of war was issued against Spain. Neither king nor Ministers, seeing the wisdom of Pitt's policy and the folly of their own, were prevented from committing another such absurdity. They abandoned Frederick of Prussia at his greatest need. They refused to vote his usual subsidy. By this execrable proceeding��for we not only abandoned Frederick, but made overtures to Austria, with which he was engaged in a mortal struggle��we thus threw him into the arms and close alliance of Russia, and were, by this, the indirect means of that guilty confederation by which Poland was afterwards rent in pieces by these powers. On the 5th of January, 1762, died the Czarina Elizabeth. She was succeeded by her nephew, the Duke of Holstein, under the title of Peter III. Peter was an enthusiastic admirer of the Prussian king; he was extravagant and incessant in his praises of him. He accepted the commission of a colonel in the Prussian service, wore its uniform, and was bent on clothing his own troops in it. It was clear that he was not quite sane, for he immediately recalled the Russian army which was acting against Frederick, hastened to make peace with him, and offered to restore all that had been won from him in the war, even to Prussia proper, which the Russians had possession of. His example was eagerly seized upon by Sweden, which was tired of the war. Both Russia and Sweden signed treaties of peace with Frederick in May, and Peter went farther: he dispatched an army into Silesia, where it had so lately been fighting against him, to fight against Austria. Elated by this extraordinary turn of affairs, the Prussian ambassador renewed his applications for money, urging that, now Russia had joined Frederick, it would be easy to subdue Austria and terminate the war. This was an opportunity for Bute to retrace with credit his steps; but he argued, on the contrary, that, having the aid of Russia, Frederick did not want that of England; and he[173] is even accused of endeavouring to persuade Russia to continue its hostilities against Prussia; and thus he totally alienated a power which might have hereafter rendered us essential service, without gaining a single point. The Duke of Newcastle, man of mediocre merit as he was, saw farther than Bute into the disgraceful nature of thus abandoning a powerful ally at an extremity, as well as the impolicy of converting such a man into a mortal enemy; and, finding all remonstrances vain, resigned. Bute was glad to be rid of him; and Newcastle, finding both his remonstrance and resignation taken very coolly, had the meanness to seek to regain a situation in the Cabinet, but without effect, and threw himself into the Opposition.

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FORE:None of the three noticed Dick.

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FORE:The buck sat down upon the ground in front of Felipa and considered her. By the etiquette of the tribe she could not ask him his name, but the boy, her prot��g��, told her that it was Alchesay. All the afternoon he hung around the camp, taciturn, apparently aimless, while she went about her usual amusements and slept in the tent. Once in a way he spoke to her in Spanish. And for days thereafter, as they moved up along the rough and dangerous road,��where the wagon upset with monotonous regularity, big and heavy though it was,��he appeared from time to time.The spring of 1720 was a period of remarkable national prosperity. But "the grand money schemes projected of late," which appeared to the Jacobite Atterbury and others calculated to cement the royal peace and strengthen the foundation[46] of the Government and nation, were destined to produce a very different effect. For the South Sea Bubble was about to burst. In 1711, Harley, being at his wits' end to maintain the public credit, established a fund to provide for the National Debt, which amounted to ten millions of pounds. To defray the interest he made permanent the duties on wine, vinegar, and tobacco, etc. To induce the purchase of the Government stock, he gave to the shareholders the exclusive privilege of trading to the Spanish settlements in South America, and procured them an Act of Parliament and a royal charter, under the name of the South Sea Company. The idea, hollow and groundless as it was, seized on the imagination of the most staid and experienced traders. All the dreams of boundless gold which haunted the heads of the followers of Drake and Raleigh were revived. The mania spread through the nation, and was industriously encouraged by the partisans of Harley. But this stupendous dream of wealth was based on the promises of Ministers, who at the Peace of Utrecht were to secure from the Government of Spain this right to trade to its colonies. The right was never granted by that haughty and jealous Power, further than for the settlement of some few factories, and the sending of one small ship annually of less than five hundred tons. This, and the Assiento, or privilege of supplying those colonies with African slaves, were the sole advantages obtained, and these were soon disturbed by the war with Spain, which broke out under Alberoni. The South Sea Company, however, from its general resources, remained a flourishing corporation, and was deemed the rival of the Bank of England.

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