But the fatal year of the South-Sea, 1720, ruined our author entirely, for he lost above 20,000 l. in it; however he was very active on that occasion, and made many speeches at the general courts of the South-Sea Company in Merchant-Taylors Hall, and one in particular, which was afterwards printed both in French and English, and run to a third edition. And in 1721 he published a pamphlet with success, called, A Letter to a Friend in the Country, occasioned by a Report that there is a Design still forming by the late Directors of the South-Sea Company, their Agents and Associates, to issue the Receipts of the 3d and 4th Subscriptions at 1000 l. per Cent. and to extort about 10 Millions more from the miserable People of Great Britain; with some Observations on the present State of Affairs both at Home and Abroad. In the same year he published A Letter to Mr. Law upon his Arrival in Great Britain, which run through seven editions very soon. Not long afterwards the duke of Portland, whose fortune had been likewise destroyed by the South-Sea, was appointed governor of Jamaica, upon which he immediately told Mr. Budgell he should go with him as his secretary, and should always live in the same manner with himself, and that he would contrive every method of making the employment profitable and agreeable to him: but his grace did not know how obnoxious our author had rendered himself; for within a few days after this offer's taking air, he was acquainted in form by a secretary of state, that if he thought of Mr. Budgell, the government would appoint another governor in his room. After being deprived of this last resource, he tried to get into the next parliament at several places, and spent near 5000 l. in unsuccessful attempts, which compleated his ruin. And from this period he began to behave and live in a very different manner from what he had ever done before; wrote libellous pamphlets against Sir Robert Walpole and the ministry; and did many unjust things with respect to his relations; being distracted in his own private fortune, as, indeed, he was judged to be, in his senses; torturing his invention to find out ways of subsisting and eluding his ill-stars, his pride at the same time working him up to the highest pitches of resentment and indignation against all courts and courtiers. His younger brother, the fellow of New-College, who had more weight with him than any body, had been a clerk under him in Ireland, and continued still in the office, and who bad fair for rising in it, died in the year 1723, and after that our author seemed to pay no regard to any person. Mr. William Budgell was a man of very good sense, extremely steady in his conduct, and an adept in all calculations and mathematical questions; and had besides great good-nature and easiness of temper.