WILLIAM PITT, EARL OF CHATHAM.In Europe war was about to break forth, in consequence of war in America. Yet the Court of France did not lack solemn warnings of the fatal path on which they were entering. The honest and far-sighted financier, Turgot, who had been employed by Louis XVI., as Comptroller-General, to endeavour to bring the terribly disordered revenue of France into order, said, "I must remind you, sire, of these three words'No bankruptcy, no augmentation of imposts, no loans.' To fulfil these three conditions there is but one meansto reduce the expenditure below the receipt, and sufficiently below it to be able to economise, every year, twenty millions, in order to clear off the old debts. Without that, the first cannon fired will force the State to bankruptcy." He assured the king that all colonies, on arriving at a condition of maturity, would as naturally abandon the control of the mother country as children, arriving at majority, do the control of their parents; that the independence of America would, therefore, come of itself, without France ruining herself to accelerate the event; that, as to France wishing Spain to join in this attempt, Spain must remember her own colonies, for, by assisting to free the British colonies, she would assuredly assist to liberate her own.
The chase turned toward him.He outlined a plan. So promising did it seem that both Dick and Larry agreed to it.[See larger version]It was too foolish to answer.The English now began to contemplate taking the Cape of Good Hope from the Dutch. General Johnstone was dispatched in April with five ships of the line, some frigates, and smaller vessels, having on board General Medows and three regiments for this purpose; but encountering Admiral Suffren in the way, after an indecisive action, Johnstone fell in with and took a Dutch East Indiaman of great value, and learned through it that Suffren had managed to reach the Cape and give the alarm, and that the Cape was put into strong defence. Johnstone, therefore, made for Saldanha Bay, where he learned that a number of other Dutch East Indiamen were lying. Four of these he secured; the rest were run ashore by their commanders and burnt. During the autumn both Dutch and French suffered much from the British on the coasts of Coromandel and the island of Sumatra. They also took from the Dutch Negapatam, Penang, and other places.
