The conduct of Caroline, when Sir John Bernard proposed to reduce the interest on the National Debt from four to three per cent., again presents her to us in a very unfavourable light. Not only the Queen, but the King also was most energetically opposed to the passing of the bill. People conjectured that their Majesties were large fundholders, and were reluctant to lose a quarter of the income thence arising, for the good of the nation. The bill was ultimately thrown out, chiefly through the opposition of Walpole. By this decision, the House stultified its own previously accorded permission (by 220 to 157) for the introduction of the bill. Horace Walpole, the brother of Sir Robert, was one of those who voted first for and then against the bill --or first against and then for his brother. We must once more draw from Lord Hervey’s graphic pages to show what followed at court upon such a course:--‘Horace Walpole, though his brother made him vote against the three per cent., did it with so ill a grace, and talked against his own conduct so strongly and so frequently to the Queen, that her Majesty held him at present in little more esteem or favour than the Duke of Newcastle. She told him that because he had some practice in treaties, and was employed in foreign affairs, he began to think he understood everything better than anybody else; and that it was really quite new his setting himself up to understand the revenue, money matters, and the House of Commons better than his brother! “Oh, what are you all but a rope of sand, that would crumble away in little grains, one after another, if it was not for him?” And whenever Horace had been with her, speaking on these subjects, besides telling Lord Hervey, when he came to see her, how like an opinionative fool Horace had talked before them, she used to complain of his silly laugh hurting her ears, and his dirty body offending her nose, as if she had never had the two senses of hearing and smelling, in all her acquaintance with poor Horace, till he had talked for three per cent. Sometimes she used to cough and pretend to retch with talking of his dirt; and would often bid Lord Hervey open the window to purify the room of the stink Horace had left behind him, and call the pages to burn sweets to get it out of the hangings. She told Lord Hervey she believed Horace had a hand in the “Craftsman,” for that once, warmed in disputing on this three-per-cent. affair, he had more than hinted to her that he guessed her reason for being so zealous against this scheme was her having money in the stocks.’