On Compton’s receiving the speech drawn up by Walpole, he carried it, in his own handwriting, to the King. The King objected to a paragraph, which Sir Spencer Compton was either unwilling or unable to amend; and not being satisfied of his own powers of persuasion, he actually solicited Walpole to go to the King, and persuade him to leave it as it was! The Queen, who was the friend of Walpole, instantly took advantage of this singular acknowledgment of inferiority, and advised the King to retain the man whom his intended successor so clearly acknowledged to be his superior. Nothing can be more evident than that Sir Spencer played the fool egregiously. To place a rival in immediate communication with the King was, at least, an unusual way of supplanting him; while, to give him the advantage of his authorship, by sending him to explain it to the King, would have been ridiculous under any circumstances. But there are no miracles in politics; and he was evidently so far convinced of his own security, that the idea of a rival was out of the question. Compton had been all his life a political personage. He had been Paymaster; he had been Speaker in three Parliaments; he was _au fait_ in the routine of office; and he had evidently received the King’s order to make a ministry. But we have had such sufficient proof in our own time that princes and kings are different persons according to circumstances, that we can perfectly comprehend the cessation of the royal favouritism on one side, and of the royal aversion on the other. The civil list was still to be voted—the subject dearest to the royal heart. Walpole was noted for financial management, and Compton’s awkwardness in the preceding transaction might well have startled the monarch. The general result was, that Walpole remained minister, Compton was quietly put out of the way with a peerage, as Lord Wilmington, and an enormous civil list was carried, with but a single vote, that of Mr William Shippen, against it. The civil list was little less than £900,000 a-year, an immense revenue, when we consider that the value of money at that time probably made it equal to double the sum now. The present civil list would be practically not much more than a fourth of the amount in 1777. The Queen’s jointure was equally exorbitant; it was £100,000 a-year, besides Somerset House and Richmond Lodge, a sum amounting to double what any Queen of England had before.