"Can't see that," answered the alderman. "In my opinion the country is going to rack and ruin. What are we to do without gold? Then we are to have more loans. We have already lent Prussia, Sardinia, and the Emperor of Austria some seven or eight millions, and are now going to make a further loan to Portugal, and for all I know to the contrary we shall soon be subsidising all the rest of Europe." "If this war with France is to continue, I, for my part, shall be glad if we have so many friends on our side," observed Mr. Coppinger, whose great object at the moment was to tranquillise the minds of his City friends. "We are not likely to pay money away without getting something for it." "Not so sure of that," replied the alderman; "John Bull is apt to throw his cash away with his eyes shut, and that is what we have been doing for some time past. Had Lord Malmesbury been successful in his negotiation for peace, things might have been different, but what can be worse with consols down to fifty-seven, a fearful run on the Bank of England, and now a suspension of payment in specie altogether, with this dangerous mutiny of the fleet as a climax! Then look at Ireland--half the country in a state of rebellion; the people shrieking out for the assistance of the French, and cutting each other's throats in the meantime. Then these Jacobin clubs in London and throughout all our large towns, doing their utmost to bring about a republic in England. If they could imitate the French and cut off our king's head, they would do it. And as to the army, I am not certain that we can put confidence in it. Ah! my dear sir, the sun of England's glory has set; that is my opinion. I may be wrong--I hope so--but that is my opinion." "You take too gloomy a view of the state of affairs, alderman," said Mr. Coppinger. "Things are very bad, I'll own, but they may improve. Lord Duncan's late victory should give us confidence. The fate of the French who landed in Pembrokeshire the other day, shows that even though our enemies may set foot on our shores, they may not gain much by their impudence. No fear about our army, that is staunch, and the navy will soon return to its duty, and then Old England will be well able to hold her own against all her enemies." Stephen Coppinger was anxious to get rid of the alderman without rudeness, and that worthy finding he could not frighten his friend, soon bustled off to communicate his alarm to some more excitable listener.