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ONE:The commercial treaty with France, Pitt's greatest achievement as a financier, was not signed until the recessnamely, in September. It was conceived entirely in the spirit of Free Trade, and was an honest attempt to establish a perpetual alliance between the two nations. Its terms were:That it was to continue in force for twelve years; with some few exceptions prohibitory duties between the two countries were repealed; the wines of France were admitted at the same rate as those of Portugal; privateers belonging to any nation at war with one of the contracting parties might no longer equip themselves in the ports of the other; and complete religious and civil liberty was granted to the inhabitants of each country while residing in the other. One result of the treaty was the revival of the taste for light French wines which had prevailed before the wars of the Revolution, and a decline in the sale of the fiery wines of the Peninsula. But the treaty was bitterly attacked by the Opposition. Flood reproduced the absurd argument that wealth consists of money, and that trade can only be beneficial to the country which obtains the largest return in gold. Fox and Burke, with singular lack of foresight, declaimed against Pitt for making a treaty with France, "the natural political enemy of Great Britain," and denounced the perfidy with which the French had fostered the American revolt. In spite of the illiberality of these arguments, Pitt, with the acquiescence of the commercial classes, carried the treaty through Parliament by majorities of more than two to one.
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Such a calamity could not but be attended with the most mischievous consequences. Chatham was obliged to leave town, and seek retirement and[192] a purer air at North End, near Hampstead. Townshend, who in a few days would have ceased to be Chancellor of the Exchequer, still retained office, and now showed more freely the wild and erratic character of his genius. He had lost half a million from the revenue by the reduction of the land-tax, and he pledged himself to the House to recover it from the Americans. He declared that he fully agreed with George Grenville, even in the principle of the Stamp Act, and ridiculed the distinction set up by Chatham, and admitted by Franklin, of the difference between internal and external taxation. This was language calculated to fire the already heated minds of the colonists, who, the more they reflected on Chatham's lofty language on the supreme authority of the mother country in the declaratory Act, the more firmly they repudiated it.He went inside the hangar, closing the door, and resumed his vigil.His contentment was not to last for long, however. The quartermaster broke in upon it rudely as he sat on the porch one morning after guard-mounting, "Have you seen the man who came up with the scouts from Grant?"The Indians who came round talked with her amicably enough, mainly by signs. She played with the children too, and one day there appeared among them her protg of the post, who thereafter became a camp follower.
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