A marvellous _aplomb_, his previous commercial experience, and a deposit of £3000 which he contributed towards the firm, induced Messrs Dennis and Company, merchants of repute in the neighbouring town of Tiverton, to admit him as a partner. In consequence of this new enterprise, he removed during the summer of 1801 with his wife and child to a cottage at the village of Washfield to be near his business. As before, the utter lack of prescience and sagacity characteristic of the man prevented him from reaping the fruits of his perverted genius, as a less clever but more prudent would have done. The whole transaction was a smartly conceived but clumsily arranged swindle. Since the money for the partnership had been obtained by inducing a Mr Nucella, merchant of London, to transfer Government stock, which soon would have to be replaced, to the credit of Messrs Dennis, Hadfield was compelled to realise his winnings without delay. For the sake of a few hundred pounds of ready cash, he seems to have been eager to sacrifice all that a man usually holds dear, and to have become a lawless adventurer once again. In April 1802 he was obliged to decamp from Devonshire, leaving his wife and children as before, while his partners in Tiverton, who soon discovered that they had been defrauded by a swindler, proceeded to strike his name off the books of the firm. During the following June he was declared a bankrupt. Meanwhile he had proceeded to cut a dash in London, and it is said that he came forward as candidate for Queenborough, with the object of obtaining immunity from arrest as a member of Parliament. Being still provided with funds, he made no attempt to surrender to the commission issued against him; but compelled, through fear of exposure, to relinquish his political ambitions, he went on a leisurely tour through Scotland and Ireland, and in the month of July appeared at Keswick as ‘Colonel Hope’ to work the crowning mischief of his life.