Memoirs of Sarah, Duchess of Marlborough, and of the Court of Queen Anne Vol. 2 (of 2)Thomson, A. T., Mrs.
History
Memoirs of Sarah, Duchess of Marlborough, and of the Court of Queen Anne Vol. 2 (of 2)
Thomson, A. T., Mrs.
Great Britain -- Court and courtiers -- Biography; Marlborough, Sarah Jennings Churchill, Duchess of, 1660-1744
Yet it was this untaught mind, disturbed often by bursts of passion, and
in love with wealth and all other worldly advantages,—it was the Duchess
of Marlborough, who, of all her class, was the first to detect the
fallacy of that scheme by which a whole nation had been ensnared. When
the value of the stock rose to an unprecedented height, and the public
were more than ever infatuated by false hopes, she saved her husband and
her family from ruin, not only by her foresight but by her firmness. Let
those who would wholly preclude women from any participation in
masculine affairs, remember how often their less biassed judgment, their
less employed hours, have been made available to warn and to save. The
Duchess happily had sufficient influence over her husband to rescue his
disposable property from any further investment in the South Sea Stock.
She resisted all the entreaties of Sunderland to employ any further
portion of capital in the scheme; she foresaw that no profit would now
satisfy the public mind, excited to an unnatural degree, and predicted
that the fall of the stock would be as rapid as the rise. She not only
withheld the Duke’s hand, but persecuted him to sell out his shares, by
which prudent step he realised, it is said, a hundred thousand
pounds;[267] and this clear-sightedness on the Duchess’s part was the
more admirable that it was wholly singular. It was the age of
speculation and of companies; and many of the nobility were at the head
of some new ephemeral speculation. The Prince of Wales was made governor
of the Welsh Copper Company; the Duke of Chandos, of the York Buildings;
and the Duke of Bridgewater formed a third for building houses in
London.[268]
Whilst these bubbles were engaging the public mind, the blow which
severed Marlborough for ever from public life, and rendered even his
beloved home cheerless, was struck whilst he was yet mourning at
Holywell-house the death of his beloved daughters, more especially of
the Countess of Sunderland. Throughout the whole of his life the Duke
had suffered from intense headaches and giddiness,—warnings disregarded,
as they often are, in the feverish pursuit of power, in the race for
worldly honours, which the exhausted mind and irritable nerves permit
not, ofttimes, even the most successful to enjoy.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account