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TWO:The night was cold, and the two armies lay on the ground. In the middle of the night Anderson of Whitburgh, a gentleman whose father had been out in the 'Fifteen and who knew the country well, suddenly recollected a way across the bog to the right. He communicated this to Hepburn of Keith and Lord George Murray, who went to waken the prince, who, sitting up in his heap of pea-straw, received the news with exultation. He started up, a council was called, and as it drew towards morning it was resolved to follow Anderson as their guide immediately. An aide-de-camp was despatched to recall Lord Nairn and his five hundred, and the army marched after Anderson in profound silence. It was not without some difficulty that they crossed it, after all; some of the soldiers sank knee-deep, and the prince himself stumbled and fell. When they reached the firm ground the mounted pickets heard the sound of their march, though they could not see them for the thick fog. The dragoon sentinels demanded who went there, fired their pistols, and galloped off to give the alarm.Walpole, however, continued to oppose the South Sea Bill in the Commons, declaring that the terms were too extravagant ever to be fulfilled; that the experiment could result in nothing but a fearful increase of the costs of stockjobbing, and final confusion and ruin. He insisted that, before the proposals of the Company were accepted,[47] the rise of their stock should be limited, and every means taken to prevent the fever of infatuation that would ensue from the promise of dividends out of funds which could never be realised. He proposed for this purpose the introduction of a clause fixing the number of years' purchase to be granted to the annuitants of the South Sea Company; but to this it was objected that it was the interest of the Company to take up the annuities; and, as the annuitants had the power of coming in or not, as they pleased, the Company would, of course, offer advantageous terms, and, therefore, the whole affair might be safely left to private adjustment. Aislabie added that the South Sea Company would not submit to be controlled in an undertaking they were to pay so dear for. The Bill passed both Houses.

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