Memoirs of the Reign of King George the Second, Volume 3 (of 3)Walpole, Horace
History
Memoirs of the Reign of King George the Second, Volume 3 (of 3)
Walpole, Horace
Great Britain -- History -- George II, 1727-1760
If dying but moderately rich were as good a proof that he had not
been avaricious, one of the greatest stains of his character would be
effaced. By his will he gave fifty thousand pounds between his three
surviving children, the Duke, Princess Amelia, and Mary, Princess of
Hesse: a strong box, not to be opened, to Lady Yarmouth. The rest of
his private fortune he had given by a deed, executed soon after the
battle of Culloden, and unrevoked, to the Duke of Cumberland; who
thence became heir to his jewels (sold afterwards to the successor
for about fifty thousand pounds), and to his mortgages in Germany,
amounting to about an hundred and fourscore thousand more:--a scanty
pittance, if compared with what he must have amassed in a reign of
three and thirty years. For part of that term he had received yearly
to his own use an hundred thousand pounds from the civil list,
and never less than fifty thousand; relinquishing the rest to the
disposal of his Ministers for necessary services! At his accession
he was worth three hundred thousand pounds. The revenues of Hanover
exceeded five hundred thousand pounds a year; a sum he by no means
expended. Reduce his savings to the lowest, discount his purchases,
and swell Lady Yarmouth’s legacy, which was given out to be ten
thousand pounds, to four times that sum; and allow two millions,
which his last war is said to have cost him in defence of Hanover; it
will still be difficult to believe that he did not die worth three
hundred and fifty thousand pounds--what became of the rest, or how
concealed if there was more, I pretend not to determine, nor even to
guess.
The King himself had stated his late expense for Hanover still higher
than I have set down. Mr. Onslow, the Speaker, showed me a remarkable
paper, which had been brought to him at the King’s command, in the
year 1758, by Baron Munchausen,[114] with whom Mr. Onslow had no
acquaintance. In that memorandum, the King declared that he had then
expended on the war 2,500,000_l._, the savings of thirty years; that
he had borrowed above 200,000_l._ here in England, as much more in
Germany, and that the Hanoverian Chancery of war owed 200,000 rix
dollars. “The King,” concluded the paper, “can do no more himself
towards the war.”--If he did more in the two following years, and
it has never been pretended that he stopped his hand in 1758, his
remaining ability to go on induces a suspicion that there was as
little exactness observed in stating the rest of the account. On the
envelope of Munchausen’s paper Mr. Onslow had written, “I could send
no answer to this.”
Public-domain text, read in full here on John Shaqi.
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