To proceed with our narrative. Stadion, to prevent the mischief which this despatch from England might have produced, by encouraging the peace-party at the court, and discouraging the others, only imparted it to the emperor and his secret council, but hid it from those members of the cabinet who were wavering. Even this was like to have cost him his place; and some members of the council actually proposed to reduce one-third of the army. In fine, a cry was arising against the war, but the emperor declared himself on Stadion’s side, and the cabinet awaited the result of count Walmoden’s mission to London. That nobleman had been despatched with full powers to conclude a treaty of alliance and subsidy with England, and to learn the feeling of the English cabinet upon an extraordinary measure which Austria had resorted to; for being utterly unable to pay her way at the outset, and trusting to the importance of the crisis, and not a little to the known facility with which the English ministers lavished their subsidies, she had resolved to raise, through the principal bankers in Vienna, £150,000 a month, by making drafts through Holland upon their correspondents in London, _to be repaid from the subsidy_ TO BE granted by England! Prince Staremberg was sent at the same time with a special mission to London, to arrange a definite treaty for money, and a convention regulating the future object and conduct of the war—a very curious proceeding—because Staremberg had been recalled before for conduct offensive to the English cabinet; but he was well acquainted with London, and the emperor wished to get him away lest he should put himself at the head of the peace-party in Vienna. Thus the English ministers continued so to conduct their affairs, that, while they gave their money to Spain and their advice to Austria, and both unprofitably, they only excited the contempt of both countries.