Notwithstanding this refusal, another expedition was sent out, the management of which was as bad as that of the first. But this time the Spaniards were on the alert, and hardly had the settlers begun to put things in order before the enemy was upon them in force. Famine and sickness again fell upon New Edinburgh, added to the horrors of a siege, which ultimately led to a capitulation on fair terms. But so weak were they as the Spaniards allowed them to embark, that their late enemies out of pity helped to heave their anchors and set their sails. It was long before the Scotch people forgot or forgave their sister kingdom for her action in thus frustrating their darling project. Besides impeding the Union, it is said to have strengthened the Jacobite feelings in the rebellions of 1715 and 1745. Even as late as the year 1788, when it was proposed to erect a monument in Edinburgh to King William the Third and the "glorious revolution," the affair was remembered, and some one suggested that the pedestal should have on the one side a view of Glencoe, and on the other the Darien colony. Queen Anne, in 1702, tried to pacify her Scotch subjects by an autograph letter, stating that she regretted the Company's losses and disappointments, but this did not kill the ill-feeling. As for Paterson, in 1715 the English House of Commons voted him the sum of £18,241 as some indemnity for his losses, but as the bill was thrown out by the House of Lords, he got nothing. Thus ended one of the most disastrous of British attempts to colonise the Indies. From beginning to end it was an example of the Dutch caution of William of Orange, as contrasted with the recklessness of Queen Elizabeth's time or the sturdy defiance of Cromwell. The king was not prepared to risk war for an idea, yet at the same time he would not prohibit the expeditions. From 1702 to 1713 there was war between England and Holland on the one side, and France and Spain on the other. By the treaty of Utrecht, which again brought peace, the English received the concession for the exclusive supply of negro slaves to the Spanish colonies for thirty years. This _Assiento_ contract was given to the Great South Sea Company, which resulted from one of those joint-stock manias, now epidemic in France, England, and even Holland.