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THREE:The Opposition was in ecstasies: it was the first defeat of Ministers on a financial question since the days of Walpole, and in our time the Chancellor would have resigned. The blow seemed to rouse Chatham. Three days after this event, on the 2nd of March, he arrived in town, though swathed in flannel, and scarcely able to move hand or foot. He declared that the Chancellor of the Exchequer and himself could not hold office together. A few days, and Townshend would have been dismissed from office, and the country might have escaped one of its greatest shocks; but, unfortunately, the malady of Chatham returned with redoubled violence, and in a new and more terrible form. He was obliged to refuse seeing any one on State affairs.In London, notwithstanding, there was considerable alarm, but rather from fear of the Papists and Jacobites at home than of any danger from abroad. Every endeavour had been used, in fact, to revive the old Popery scare. There were rumours circulated that the Papists meant to rise, cut everybody's throats, and burn the City. There was fear of a run on the Bank of England, but the merchants met at Garraway's Coffee-house, and entered into engagements to support the Bank. They also opened a subscription to raise two hundred and fifty thousand pounds to enlist troops, and many of them gave as much as two thousand pounds apiece. A camp was formed in Hyde Park of the Household Troops, horse and foot, a regiment of horse grenadiers, and some of the battalions that came over from Flanders. In the provinces many of the great nobility proposed to raise regiments at their own expense, and this act of patriotism was loudly applauded. In some instances the patriotism was real. But the main body of the Whig nobility and some others cut a very different figure. No sooner did Parliament meet on the 18th of October, and whilst the Jacobites were in the highest spirits, and opposing both the Address and the suspension of the Habeas Corpus, than the Dukes of Devonshire, Bedford, Rutland, Montague, the Lords Herbert, Halifax, Cholmondeley, Falmouth, Malton, Derby, and others, moved, contrary to their splendid promises, that their regiments should be paid by the king, and should be put upon the regular establishment. The king was as much disgusted as the most independent of his subjects, but he found himself unable to prevent the measure.