ONE:On the death of Stanhope, Sir Robert Walpole was left without a rival, and he received his commission of First Lord of the Treasury on the 2nd of April, and from this period down to 1742 he continued to direct the government of Great Britain. His chief anxiety now was to restore the public credit. He drew up, as Chairman of the Committee of the Commons, a report of all that had been lost in the late excitements, and of the measures that had been adopted to remedy the costs incurred. Amongst these were the resolutions of the House respecting the seven and a half millions the directors of the South Sea Company had agreed to pay to Government; more than five had been remitted, and we may add that on the clamorous complaints of the Company the remainder was afterwards remitted too. The forfeited estates had been made to clear off a large amount of encumbrance, the credit of the Company's bonds had been maintained, and thirty-three per cent. of the capital paid to the proprietors. Such were the[49] measures adopted by the Commons, and these being stated in the report to the king, a Bill was brought in embodying them all. Many of the proprietors, however, were not satisfied. They were very willing to forget their own folly and greediness, and charge the blame on the Government. On the second reading of Walpole's Bill they thronged the lobby of the House of Commons. The next day the Bill was carried, and gradually produced quiet; but Walpole himself did not escape without severe animadversions. He was accused of having framed his measures in collusion with the Bank, and with a clear eye to his own interest; but he had been strenuously vindicated from the charge, and on the whole the vigour and boldness with which he encountered the storm and quelled it deserve the highest praise, and may well cover a certain amount of self-interest, from which few Ministers are free.
THREE:Nothing, as Friedl?nder observes, shows so well what intense credulity prevailed at this time, with reference to phenomena of a marvellous description, as the success obtained by a celebrated impostor, Alexander of Abonuteichus, whose adventurous career may still be studied in one of Lucians liveliest pieces. Here it will be enough to mention225 that Alexander was a clever charlatan of imposing figure, winning manners, and boundless effrontery, who established himself in Abonuteichus, a small town in Paphlagonia, on the southern shore of the Black Sea, where he made a trade of giving oracles in the name of Asclpius. The god of healing was represented for the occasion by a large tame serpent fitted with a human head made of painted canvas and worked by horsehair strings. Sometimes the oracular responses were delivered by the mouth of the god himself. This was managed with the help of a confederate who spoke through a tube connected with the false head. Such direct communications were, however, only granted as an exceptional favour and for a high price. In most instances the answer was given in writing, and the fee charged for it only amounted to a shilling of our money. Alexander had originally fixed on Abonuteichus, which was his native place and therefore well known to him, as the seat of his operations, on account of the extraordinary superstition of its inhabitants; but the people of the adjacent provinces soon showed themselves to be nowise behind his fellow-townsmen in their credulity. The fame of the new oracle spread over all Asia Minor and Thrace; and visitors thronged to it in such numbers as sometimes to produce a scarcity of provisions. The prophets gross receipts rose to an average of 3,000l. a year, and the office of interpreting his more ambiguous responses became so lucrative that the two exegtes employed for this purpose paid each a talent a year (240l.) for the privilege of exercising it.
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THREE:If the rubber boats gone, Jeff commented, the twenty-nine other emeralds of the thirty on the necklacetheyre gone, too.
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THREE:
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