ONE:The arrival of the news of Lord North's repeal of all the duties, except tea, produced little effect on the minds of the people of Boston. They declared that the unconstitutional principle was the real offence, and that it was still retained. The people of New York, however, had long inclined to gentler measures. They agreed to import all other articles except tea. Pennsylvania and other colonies followed their example; and they declared that they who wanted tea must smuggle it. The more fiery patriots declared against this lukewarmness; but the desire for the English goods was so great that, during the years 1770 and 1771, the importations were larger than they had ever been. Nevertheless, though the colonies appeared returning to order and obedience, the efforts of the Republican party never relaxed, and, especially in Massachusetts, there was a tone of sullen discontent. "Liberty poles" were still erected; exciting harangues were delivered on the anniversary of "the massacre," and the Assembly continued to manifest a stubborn resistance to the will of the Lieutenant-Governor.[162]
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ONE:Rodney, who was still commanding in the West Indies, had been on the look-out for De Grasse, but, missing him, he had dispatched Sir Samuel Hood after him, supposing that he had made for New York. Hood had with him fourteen ships of the line, and, arriving at Sandy Hook on the 28th of August, he found that De Grasse had then sailed for the Chesapeake. Admiral Arbuthnot had been replaced by Admiral Graves, but Graves had only seven ships of the line, and of these only five fit for action. Taking the chief command, with these twenty-one ships Graves set sail for the Chesapeake, with Hood as second in command. There, on the 5th of September, he discerned the fleet of De Grasse at anchor, just within the Capes of Virginia, and blocking up York River with his frigates. Graves had his nineteen ships, De Grasse twenty-eight, and Nelson could have desired nothing better than such a sight in the narrow waters of the Chesapeake: not a ship would have escaped him; but Graves was no Nelson, and allowed De Grasse to cut his cables and run out to sea. There, indeed, Graves attacked him, but under infinitely greater disadvantages, at four o'clock in the afternoon. The night parted them, and De Grasse returned to his old anchorage in the Chesapeake, and Graves sailed away again for New York.
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ONE:Dr. Gilbert Burnet, Bishop of Salisbury (b. 1643)[146] who figures so prominently in the reign of William and Mary, and who rendered such essential service to the establishment of religious liberty, is the great historian of his time. Without his narratives of his own period, we should have a very imperfect idea of it. With all his activity at Court and in Parliament, he was a most voluminous writer. His publications amount to no less than a hundred and forty-five, though many of these are mere tracts, and some of them even only single sermons. His earliest productions date from 1669, and they continued, with little intermission, to the time of his death in 1715a space of forty-six years. His great works are "The Reformation of the Church," in three volumes, folio, 1679, 1681, and 1715; and his "History of His Own Times," in two volumes, published after his death in 1724. Burnet lays no claim to eloquence or to much genius, and he has been accused of a fondness for gossip, and for his self-importance; but the qualities which sink all these things into mere secondary considerations are his honesty and heartiness in the support of sound and liberal principles far beyond the majority of his fellow prelates and churchmen. Whilst many of these were spending their energies in opposing reform and toleration, Burnet was incessantly, by word and pen, engaged in assisting to build up and establish those broad and Christian principles under which we now live. Besides the great works named, he wrote also "Memoirs of James and William, Dukes of Hamilton;" "Passages in the Life and Death of Wilmot, Earl of Rochester;" a "Life of Bishop Bedell;" "Travels on the Continent;" "An Exposition of the Thirty-nine Articles," etc. etc.
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ONE:
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ONE:On the 21st of March a Committee which had been appointed early in the Session to inquire into the public income and expenditure, and to suggest what might in future be calculated on as the clear revenue, presented its report through Mr. Grenville, their chairman. On the 29th, Pitt, in a Committee of the whole House, entered upon the subject, and detailed the particulars of a plan to diminish progressively and steadily the further debt. It appeared from the report of the select Committee that there was, at present, a clear surplus revenue of nine hundred thousand pounds sterling, and that this surplus could, without any great additional burthen to the public, be made a million per annum. This he declared to be an unexpected state of financial vigour after so long and unfortunate a war. The plan which he proposed was to pay two hundred and fifty thousand pounds quarterly into the hands of Commissioners appointed for the purpose to purchase stock to that amount, which was under par, or to pay stock above par, and thus cancel so much debt. In addition to this, the annuities for lives, or for limited terms, would gradually cancel another portion. All dividends arising from such purchases were to be similarly applied. Pitt calculated that by this process, and by the compound interest on the savings to the revenue by it, in twenty-eight years no less than four millions sterling per annum of surplus revenue would be similarly applied, or employed for the exigencies of the State. By this halcyon process he contemplated the eventual extinction of that enormous debt, to pay the mere interest of which every nerve had been stretched, and every resource nearly exhausted. In a delightful state of self-gratulation, Pitt declared that he was happy to say that all this was readily accomplishable; that we had nothing to fear, except one thingthe possibility of any Minister in need violating this fund. Had the original Sinking Fund, he said, been kept sacred, we should have had now very little debt. To prevent the recurrence of this fatal facility of Ministers laying their hands on this Fund, he proposed to place it in the hands of Commissioners, and he declared that "no Minister could ever have the confidence to come down to that House and desire the repeal of so beneficial a law, which tended so directly to relieve the people from their burthens." He added that he felt that he had by this measure "raised a firm column, upon which he was proud to flatter himself that his name might be inscribed." He said not a word about the name of Dr. Price being inscribed there, to whom the whole merit of the scheme belonged; he never once mentioned his name at all. On his own part, Dr. Price complained not of this, but that he had submitted three schemes to Pitt, and that he had chosen the worst.
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