To effect this, they kindly gave us intelligence, that when the Spaniards should receive their treasures from the Western Indies, they designed to employ it in favour of the pretender, and that, therefore, it was necessary to intercept it. This advice was thankfully listened to, a fleet was fitted out, and thousands were sacrificed without any advantage; for the French not only forbore to assist us in the expedition, but forbade us to seize the treasure when we had found it. The Spaniards, apprehending themselves attacked, omitted no opportunity of showing their resentment; they seized our ships, and laid siege to Gibraltar, while our new allies looked quietly on, and expected the event of their own scheme, which was far from being defeated by our policy; for the Spaniards, finding the return of their American revenues insuperably obstructed, and knowing that the emperour of Germany, that emperour who was to invade Britain, had not any power even to assist them, were obliged to have recourse to the nation which they then hated, and to forgive the past affront, that they might obtain their good offices in this exigence. But, my lords, it was not sufficient for the designs of the French, that they had recovered their ancient allies the Spaniards, unless they could disunite them from the emperour of Germany: this it was, likewise, our interest to prevent, and yet this, likewise, we enabled them to effect; for they prevailed upon us to promise, in our stipulations with the Spaniards, what they had not the least claim to demand, that Spain, instead of neutral troops, should be introduced into Italy, to secure certain successions there to a son of the queen of Spain. With what reluctance the emperour of Germany would consent to see troops placed in the provinces bordering upon his dominions, which would certainly, on the first occasion, be employed to invade them, it was easy to foresee, and with what degree of good-will he would regard those by whom they were introduced; yet, my lords, such was the influence of France, and so ardent our desire of diverting Spain from setting the pretender upon the throne of Britain, that we complied at all events, without any prospect or promise of advantage. Thus were the Spaniards, by being persuaded to make this demand, and we, by granting it, brought equally to ill terms with the emperour of Germany; and France was, by procuring such agreeable conditions to the Spaniards, again considered as their most useful ally.