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Ellton could not eat. He bewailed his hard fate unceasingly.The day before George embarked, Admiral Boscawen set sail, with eleven ships of the line and two regiments of soldiers, to intercept the French fleet, which had sailed from Rochefort and Brest to carry reinforcements to the Canadians. Boscawen was to attack and destroy the French, if possible. Boscawen came up with the French fleet on the banks of Newfoundland, but a thick fog hid them from each other. Captain Howe, afterwards Lord Howe, and Captain Andrews, however, descried and captured two of the French men-of-war, containing eight thousand pounds in money, and many officers and engineers; but the rest of the fleet, under Admiral Bois de la Motte,[119] warned by the firing, got safe into the harbour of Louisburg.<024>
ONE:He found the Bedford clan ready, as usual, for office, but wanting to come in a whole legion; the poor weak Duke of Newcastle was equally prepared, shedding tears in his facile way, hugging and kissing people in his trouble, and wondering why his "dear old friend" had thus abandoned him. Pitt passed on, and chose Lord Camden as Lord Chancellor; Northington as President of the Council; Lord Granby as Commander-in-Chief; Shelburne and Conway as Secretaries of State; the Duke of Grafton as First Lord of the Treasury; Charles Townshend as Chancellor of the Exchequer; with Lord North, James Grenville, brother of Temple, Colonel Barr��, and others, in secondary posts. Mr. Stewart Mackenzie, Bute's brother, was restored to his former office, but without any control over Scottish affairs. It was clear that Pitt had selected his colleagues without regard to party, but with an eye to the ability of the respective persons. It was a mode of acting particularly after the fancy of the king, who had always been, according to his own words to Pitt on the occasion, "zealously ready to give his aid towards destroying all party distinctions, and restoring that subordination to government, which can alone preserve that inestimable blessing, liberty, from degenerating into licentiousness." "I venture," said Burke, "to say, it did so happen that persons had a single office divided between them, who had never spoken to each other in their lives, until they found themselves, they knew not how, pigging together, heads and points, in the same truckle bed."She told him that she did, quite as calmly. Her[Pg 148] manner and her tone said it was very unfortunate, that the whole episode was unfortunate, but that it was not her fault.
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Fireart Studio
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The year 1797 was opened by the suspension of cash payments. The Bank of England had repeatedly represented to Pitt, as Chancellor of the Exchequer, that his enormous demands upon it for specie, as well as paper money, had nearly exhausted its coffers and could not long be continued. The payment of our armies abroad, and the advances to foreign kings, were necessarily made[455] in cash. The Government, in spite of enormous taxation, had already overdrawn its account eleven million six hundred and sixty-eight thousand eight hundred pounds, and the sole balance in the hands of the Bank was reduced to three million eight hundred and twenty-six thousand eight hundred and ninety pounds. Pitt was demanding a fresh loan for Ireland, when a message came from the Bank to say that, in existing circumstances, it could not be complied with. Thus suddenly pulled up, the Privy Council was summoned, and it was concluded to issue an order for stopping all further issue of cash, except to the Government, and except one hundred thousand pounds for the accommodation of private bankers and traders. Paper money was made a legal tender to all other parties, and the Bank was empowered to issue small notes for the accommodation of the public instead of guineas. A Bill was passed for the purpose, and that it might not be considered more than a temporary measure, it was made operative only till June; but it was renewed from time to time by fresh Acts of Parliament. The system was not abolished again till 1819, when Sir Robert Peel brought in his Bill for the resumption of cash payments, and during the whole of that time the depreciation of paper money was comparatively slight.When it seemed that he could not stay as he was another instant, the door was slightly moved, and then softly closed. So quiet was the operation that he did not hear the latch click. He had detected no change in the color of the door itself as it hung, slantwise to his view, and he heard no sound of feet on the cement.

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