A History of England, Period III. Constitutional MonarchyBright, J. Franck (James Franck)
History
A History of England, Period III. Constitutional Monarchy
Bright, J. Franck (James Franck)
Great Britain -- History
who would have accompanied him among the ranks of the ministry, or at
all events among the ranks of the ministerial supporters. But to Walpole
such views were exceedingly distasteful. He well knew Bolingbroke's
ability and feared him as a personal rival. He felt also that if
Bolingbroke were instrumental in destroying the Tory opposition, the
King could not but feel under considerable obligations to him, and that
his own exclusive influence would be shaken. Bolingbroke's overtures
were therefore most coldly received, and he withdrew again to Paris,
where an intrigue was going on, in which he took a prominent part, and
which ended in the fall of his friend Carteret. The intrigue itself was
of a very despicable character, and was connected with the marriage of
a daughter of Madame de Platen, sister of the King's mistress, the
Countess of Darlington. To counteract Carteret, who was employing the
English ambassador in the Countess's interest, Townshend sent Horace
Walpole as his agent to Paris. The existence of two rival ambassadors,
one only properly accredited, brought matters to a crisis. The King, in
spite of a strong personal friendship for Carteret, was obliged to yield
to the influence of Walpole, and his rival had to withdraw to the Lord
Lieutenancy of Ireland.
[Sidenote: Excitement in Ireland.]
But although the office given to Carteret was regarded as a retirement,
in the present instance it promised to be no sinecure. Ireland was in a
state of wild excitement, lashed to fury by the exceedingly able but
untrue writings of Swift, who in his Drapier's Letters had by
exaggeration and falsehood given an aspect of tyrannical misgovernment
to a commonplace and legitimate financial act. There was great need of a
new small coinage for Ireland, and Walpole had given a patent in 1722 to
a certain William Wood, giving him power to coin farthings and halfpence
to the value of £108,000. The contract and quality had been declared
satisfactory by Sir Isaac Newton, Master of the Mint. The Irish
Parliament declared that the patent would occasion a loss to the nation
of one hundred and fifty per cent., an extraordinary assertion based
upon the fact that a pound of rough copper in Ireland was worth twelve
pence, while a pound of coined fine copper was to be worth thirty pence.
But the mint in London gave eighteenpence a pound for its copper. The
charge of coinage was fourpence, the duties upon copper imported into
Ireland were twenty per cent., and the difference of exchange between
England and Ireland rendered a slight diminution of the weight
reasonable. Of course, however, it is certain that the patentee made
something by the bargain, especially as the voracious Duchess of Kendal
had been bribed to obtain it. But all facts and all reasoning were
useless against the storm raised by Swift's Letters, and it was not till
Walpole had exhibited his usual prudence in accepting inevitable defeat,
and cancelling the patent, that Ireland was quieted.
Public-domain text, read in full here on John Shaqi.
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