Memoirs of the Reign of King George the Third, Volume 1 (of 4)Walpole, Horace
History
Memoirs of the Reign of King George the Third, Volume 1 (of 4)
Walpole, Horace
Great Britain -- History -- 1760-1789; Great Britain -- History -- George III, 1760-1820
Yet let me not be thought to lament this weak man’s pusillanimity. I am
condemning his want of policy, but rejoice at it. Had he been firm to
himself, there was an end of the constitution! The hearts of Englishmen
were corrupt and sold, and the best heads amongst them toiled in the
cause of Despotism. A happy panic blew up the system of absolute
power when it had lasted but five months; and a trifling Opposition
overturned in a fortnight the work of that majority which a fortnight
had purchased. Yet the struggle was not over. The rod fell into abler
and more resolute hands; the mercenaries were not disbanded, though the
commander-in-chief ran away. Fortunately he became incompatible with
his successors; and liberty owed its salvation, not to its friends, but
to discord among the conspirators.
I have mentioned how utterly Fox was disconcerted at this unexpected
resignation. His first movement was to press Lord Bute to retain the
Treasury, at least for six months. That attempt was fruitless. His
next step was to secure his own peerage. Again was he astonished to be
told that he had agreed to cede the Pay-office on going into the House
of Lords. This he peremptorily denied. But he had dealt with a worthy
pupil of his own. Lord Shelburne, who had negotiated between him and
Lord Bute, when Fox undertook the conduct of the House of Commons,
had told the Earl that Fox would quit the Pay-office for a peerage;
but Fox had only stipulated to give his support for that reward. He
now broke out against his scholar, reproached him for concealing Lord
Bute’s intention of retiring, and spoke of Shelburne to everybody
_as a perfidious and infamous liar_; those were his usual words. The
probability was, that Shelburne intended to slip into the Pay-office
himself. The Favourite, who would have declared Fox his successor,
excused Lord Shelburne to him, and, in his pedantic style, called the
secrecy he had observed _a pious fraud_; for Fox, he said, he knew
would not have engaged in the management of the Parliament, had he been
apprized that he (Bute) intended to retire, and it had been necessary
to the King’s affairs that Fox should carry them through the session.
This very offer of the Treasury to Fox showed how little the Favourite
had taken any measures for carrying on his master’s business for the
future, and corroborates the presumption that a sudden panic was the
immediate cause of his retreat.
Fox refusing to accept them, the post of First Lord of the Treasury and
the Seals of Chancellor of the Exchequer were, on April 8, the very
day on which the Favourite resigned, bestowed on George Grenville. Sir
Francis Dashwood was removed to the Great Wardrobe; and the barony of
Despencer, then in abeyance between him and his nephew, Sir Thomas
Stapleton, was granted to him: the one to repair, the other to decorate
his fall.
Public-domain text, read in full here on John Shaqi.
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