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FORE:There followed one of those general pauses as explosive as a pistol shot.

FORE:Whilst Walpole was thus labouring to secure the peace of Europe, Bolingbroke was as industriously at work to undermine him. He had cultivated his intimacy with the Duchess of Kendal still more diligently, and by liberal bribes, and more liberal promises if he succeeded in once more regaining power, he had brought her to exert her influence with the king in his favour. This most sordid and rapacious of mistresses, who looked on England only as a country to be managed for her benefit, ventured at length to put into the king's hand a memorial drawn up for her by Bolingbroke, demonstrating that the country must be absolutely ruined if Walpole continued in office. The stratagem was too palpable. Whilst she talked only, her suggestions might pass for her own, but the style of the document must have at once caused the king's suspicion of its true source. He put the paper into Walpole's hand. Walpole, after interrogating the two Turks, who were always in attendance on the king, and on their denying all knowledge of the means by which the missive reached the royal person, went directly to the Duchess and charged her with the fact. She did not deny it. Walpole advised the king to admit Bolingbroke to the audience which he solicited in the memorial, trusting that the king's dislike of him would prevail in the interview. The result appeared to be of that kind; nevertheless, Walpole was far from being secure in his own mind. He knew that the mistress would be continually returning to the charge in favour of her friend and paymaster, though she enjoyed a pension from Government of seven thousand five hundred pounds; and he even contemplated retiring with a peerage, but was dissuaded from this by the Princess of Wales and the Duke of Devonshire. On the other hand, Bolingbroke was in the highest expectation of his speedy restoration not only to rank but to office.

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FORE:��But it��s no novel!�� Jeff said morosely.Landor came trotting over from his quarters, followed by his orderly, and the troops moved off across the flat, toward the river.

FORE:Before quitting Germany, however, George had signed a treaty between himself, Austria, and Sardinia, in which Italian affairs were determined. The Spaniards, under Count Gages and the Infant Don Philip, had made some attempts against the Austrians in Italy, but with little effect. By the present treaty, signed at Worms on the 13th of September, the King of Sardinia engaged to assist the Allies with forty-five thousand men, and to renounce his pretensions to the Milanese, on condition that he should command the Allied army in Italy in person, should receive the cession of Vigevenasco and the other districts from Austria, and a yearly subsidy of two hundred thousand pounds from England. This was also negotiated by Lord Carteret on the part of King George, and without much reference to the Ministers in England, who, on receiving the treaty, expressed much dissatisfaction; but, as it was signed, they let it pass. But there was another and separate convention, by which George agreed to grant the Queen of Hungary a subsidy of three hundred thousand pounds per annum, not only during the war, but as long as the necessity of her affairs required it. This not being signed, the British Ministers refused to assent to it, and it remained unratified.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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