TWO:If Grenville and his Cabinet, in their ignorance of human nature, had made a gross mistake in their conduct towards Wilkes, they now made a more fatal one in regard to our American colonies. These colonies had now assumed an air of great importance, and were rapidly rising in population and wealth. The expulsion of the French from Canada, Nova Scotia, and Cape Breton, the settlement of Georgia by General Oglethorpe, the acquisition of Florida from Spain, had given a compactness and strength to these vast colonies, which promised a still more accelerated and prosperous growth. At this period the inhabitants are calculated to have amounted to two millions of Europeans, and half a million of coloured people, Indians and negroes. The trade was becoming more extensive and valuable to the mother country. The imports from England, chiefly of her manufactures, amounted to three million pounds annually in value. They carried on a large trade with our West Indian islands and the Spanish American colonies, and French and Dutch West Indies. They also built ships for the French and Spaniards, in the West Indies. They had extensive iron and copper mines and works in different states. They manufactured great quantities of hats in New England. The fisheries of Massachusetts produced two hundred and thirty thousand quintals of dried fish, which they exported to Spain and Portugal, and other Catholic countries of Europe. Carolina exported its rice to these countries as well as to England; and they exported vast quantities of cured provisions, dye-woods, apples, wax, leather, tobacco from Virginia and Maryland (fifty thousand hogsheads annually to England alone) valued at three hundred and seventy-five thousand pounds. The masts from New England, sent over for the British navy, were the largest in the world.Whilst Walpole was thus labouring to secure the peace of Europe, Bolingbroke was as industriously at work to undermine him. He had cultivated his intimacy with the Duchess of Kendal still more diligently, and by liberal bribes, and more liberal promises if he succeeded in once more regaining power, he had brought her to exert her influence with the king in his favour. This most sordid and rapacious of mistresses, who looked on England only as a country to be managed for her benefit, ventured at length to put into the king's hand a memorial drawn up for her by Bolingbroke, demonstrating that the country must be absolutely ruined if Walpole continued in office. The stratagem was too palpable. Whilst she talked only, her suggestions might pass for her own, but the style of the document must have at once caused the king's suspicion of its true source. He put the paper into Walpole's hand. Walpole, after interrogating the two Turks, who were always in attendance on the king, and on their denying all knowledge of the means by which the missive reached the royal person, went directly to the Duchess and charged her with the fact. She did not deny it. Walpole advised the king to admit Bolingbroke to the audience which he solicited in the memorial, trusting that the king's dislike of him would prevail in the interview. The result appeared to be of that kind; nevertheless, Walpole was far from being secure in his own mind. He knew that the mistress would be continually returning to the charge in favour of her friend and paymaster, though she enjoyed a pension from Government of seven thousand five hundred pounds; and he even contemplated retiring with a peerage, but was dissuaded from this by the Princess of Wales and the Duke of Devonshire. On the other hand, Bolingbroke was in the highest expectation of his speedy restoration not only to rank but to office.

$45/Month