Memoirs of the Reign of King George the Third, Volume 3 (of 4)Walpole, Horace
History
Memoirs of the Reign of King George the Third, Volume 3 (of 4)
Walpole, Horace
Great Britain -- History -- 1760-1789; Great Britain -- History -- George III, 1760-1820
Mr. Conway having declared in Council against the intended plan for
America, it was determined that Charles Townshend should conduct it
through the House, and the fifth of May was settled for his opening
it: but his strange irresolution and versatility could not conceal
itself, even on so public an occasion. That very morning he pretended
to have fallen down stairs and cut his eye dangerously. On this Lord
North was deputed to execute the task, and was going to explain it
to the House; when Rigby, to deprive Lord North of the honour, or to
embarrass Townshend, who had shuffled with them, or that Grenville had
not determined what part to take, moved, with affected compliments on
Townshend’s absence, to wait till he could appear, and it was agreed to.
The next day, the Opposition, who, so often foiled, were alert in
making a hussar-kind of war, moved by surprise in both Houses to know
what had been done on the affair of the Massachusets. In the Commons,
the motion made by Grenville was rejected without a division. In the
Lords, the majority against the motion was but nine, but with a great
majority of proxies.
The East India Company had offered, in consideration of certain new
advantages granted to them in their tea-trade, to pay four hundred
thousand pounds a-year for three years to the Government; and though
this sum was far below Lord Chatham’s first sanguine wishes, the
impossibility of their affording more, or the impracticability of
persuading Parliament to extort more, had brought the bargain nigh to a
conclusion;--when, on the 6th of May, a general court of proprietors,
where faction and speech-making were as rife as in the House of
Commons itself, suddenly determined to treat themselves with the sweets
of a dividend, before their funds should be tied up for the purposes
of the treaty. The directors had foreseen and secretly insinuated
this to the Ministers for prevention; but in the intemperance of the
assembly, did not dare to avow the advice they had given. The dividend,
so contrary to the faith of the treaty then pending with, and so
contemptuous of, Parliament, was voted; and, as if themselves were
accountable to none, they dismissed, without a hearing, five of their
own servants, against whom there were grievous charges.
The indecency and insult of this proceeding raised high resentment in
the House of Commons; and though Dempster and W. Burke, two of their
own members, ventured to avow their own share of the criminality,
justifying themselves as proprietors, (a character which surely, as
judges, they ought to have avoided,) yet the moderation of Conway
prevented the House from proceeding to rigour and censure, though he
said with firmness, that if the Company should hang out the flag of
defiance, he should be ready to meet it. The directors were ordered to
give an account the next day of what had passed.
Public-domain text, read in full here on John Shaqi.
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