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.
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Sandy, without reply, was already quietly undressing."Come in," said her husband. He was pouring out a drink of whiskey.The Indian wars of the southwest have been made a very small side issue in our history. The men who have carried them on have gained little glory and little fame. And yet they have accomplished a big task, and accomplished it well. They have subdued an enemy many times their own number. And the enemy has had such enormous advantages, too. He has been armed, since the 70's, even better than the troops. He has been upon his own grounda ground that was alone enough to dismay the soldier, and one that gave him food, where it gave the white man death by starvation and thirst. He knew every foot of the country, fastnesses, water holes, creeks, and strongholds over thousands of miles. The best cavalry can travel continuously but twenty-five or thirty miles a day, carrying its own rations. The Apache, stealing his stock and food as he runs, covers his fifty or seventy-five. The troops must find and follow trails that are disguised[Pg 231] with impish craft. The Apache goes where he lists, and that, as a general thing, over country where devils would fear to tread.Becausethe person who threw the jewels off the Trampisnt hereand wasnt suspected or seen.
