June 3rd.--His Grace returned to Kensington, but still fluctuating; and begged to defer declaring his last resolution till the Tuesday following: this was on the Friday. Preposterous as this suspense of Government was, it occasioned no disturbance, scarce a murmur. The people, hating Fox, neglected by Pitt, and despising Newcastle, waited with patience to see which of them was to be their master. The next day was the Birthday of the Prince of Wales. His Royal Highness was told, that it would have a gracious air with the people, if he took upon himself to facilitate measures for his grandfather’s ease; that he must command Pitt to give up the point of George Grenville being Chancellor of the Exchequer. Pitt, who had heard how much he was loaded by the other factions with the accusation of impracticable haughtiness, yielded; and had a conference at the Prince’s drawing-room with Newcastle and Lord Bute, who acted as mediator. Newcastle persisted that the King _would_ retain Lord Winchelsea; and to balance the authority that he saw must fall to Pitt, said to him, “But you will not act with Fox.”--Pitt replied, “My lord, I never said so--but does your Grace say you would? When you have said you will, I will consult my friends.” Newcastle, not the most intelligible even when he was explicit, took care not to be understood sooner than he was determined; and the conversation ended abruptly:--however, on the 7th, though not agreed with Pitt, he went to Kensington, and declared to the King, that he could not come in, unless Mr. Pitt’s whole plan was accepted. The King reproached him bitterly with all his shifts and evasions, and falsehoods; and demanded his assistance for Fox, if he would not himself undertake the service. He waved any such promise, and the King dismissed him in wrath. Fox now took the merit of venturing all to support his Majesty, and declared he would accept the Ministry--but it seemed almost impossible to form one, if Pitt was not to be of it, and Newcastle withheld his assistance. It was difficult even to know whom they should place at the head of the Treasury. In this distress the King (probably by the suggestion of Mr. Fox,) sent for Lord Waldegrave, and commanded him to accept that high and dangerous post. The public was not more astonished at that designation, than the Earl himself. Though no man knew the secrets of Government better, no man knew the manœuvre of business less. He was no speaker in Parliament, had no interest there, and though universally beloved and respected where known, was by no means familiarized to the eyes of the nation. He declined as long as modesty became him; engaged with spirit, the moment he felt the abandoned state in which his master and benefactor stood.