THREE:No sooner was the sentence passed than his judges were seized with a vehement desire to procure a pardon for the admiral. They made the most urgent entreaties to the Admiralty for that purpose, and Captain Augustus Keppel authorised Horace Walpole to say that he and four others of the members of the Council had something of importance to communicate, and desired to be relieved from their oath of secresy. The House of Commons was quite ready to pass a Bill for the purpose, and the king respited the admiral till all such inquiries had been made. But when the Bill had been passed by one hundred and fifty-three to twenty-three, it turned out that these five officers had nothing of consequence to disclose. Still Lord Temple, who was at the head of the Admiralty, was greatly averse from the carrying out of the sentence, which, in fact, was much disproportioned to the crime. Pitt also interceded with the king, and renewed applications were made to the Admiralty; but, on the other hand, the people were smarting under the loss of Minorca, and demanded the execution of the sentence. Hand-bills were posted up, "Hang Byng, or take care of the King." The House of Lords, when the Commons' Bill was carried up to them, however, settled the matter. Murray and Lord Hardwicke demanded of every member of the court-martial at the bar of the House whether they knew of any matter which showed their sentence to be unjust, or to have been influenced by any undue motive; and as all declared they did not, the Lords dismissed the Bill. The[126] sentence was therefore fixed for execution on the 14th of March. Byng, both during the trial, and now when brought on board the Monarch in Portsmouth Harbour to be shot, showed no symptoms of fear. When one of his friends, to prevent a man from coming in to measure Byng for his coffin, said, standing up by him, "Which of us is the taller?" Byng immediately replied, "Why this ceremony? I know what it means; let the man measure me for a coffin." On the deck he wished to have his eyes left unbound; but when told it might frighten the soldiers and distract their aim, he said, "Let it be done, then; if it would not frighten them, they would not frighten me." He fell dead at the discharge (March 14, 1757).

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THREE:��He must have known something about them��or guessed,�� he reflected. ��If they were put in the gum while they were flying��unless it was done while they were in the fog. But, even then, he knew all that excitement meant something. I don��t understand it��he did know, because he must have hired the pilot and the seaplane to get the emeralds.��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.

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