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TWO:In the House of Lords on the 24th of January, 1721, five directors who had been called before them were arrested and their papers seized. By what had been drawn from them, it appeared that large sums had been given to people in high places to procure the passing of the South Sea Bill. Lord Stanhope rose and expressed his indignation at such practices, and moved that any transfer of stock for the use of any person in the Administration without a proper consideration was a notorious and dangerous corruption. The motion was seconded by Lord Townshend, and carried unanimously. The examination being continued on the 4th of February, Sir John Blunt refused to answer their lordships, on the plea that he had already given his evidence before the Secret Committee. A vehement debate arose out of this difficulty, during which the Duke of Wharton, a most profligate young nobleman, and president of the Hell-fire Club, made a fierce attack on Stanhope, accused him of fomenting the dissensions between the king and his son, and compared him to Sejanus, who had sown animosities in the family of Tiberius, and rendered his reign hateful to the Romans. Stanhope, in replying to this philippic, was so transported by his rage, that the blood gushed from his nostrils. He was carried from the House, and soon afterwards expired.It remains to add a few words on the position which ancient and modern philosophy respectively occupy towards theology. Here their relation is one of contrast rather than of resemblance. The Greek thinkers start at an immense distance from religious belief, and their first allusions to it are marked by a scornful denial of its validity. Gradually, with the transition from physical to ethical enquiries, an approximation between the two is brought about, though not without occasional returns to their former attitude of hostility. Finally, in presence of a common danger they become interwoven and almost identified with one another; while the new religion against which they make common cause, itself presents the same spectacle of metaphysical and moral ideas entering into combination with the spontaneous products of popular mythology. And be it observed that throughout the whole of this process action and reaction were equal and contrary. The decline and corruption of philosophy was the price paid for the elevation and purification of religion. While the one was constantly sinking, the other was constantly rising, until they converged on the plane of dogmatic theology. By the very circumstances of the case, an opposite course has been imposed on the development of modern philosophy. Starting from an intimate union with religion, it slowly disengages itself from the compromising alliance; and, although, here also, the normal course of ideas has been interrupted by frequent reactions, the general movement of European thought has been no less decidedly towards a complete emancipation from the popular beliefs than the movement of Greek thought had been towards their conciliation and support.

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