"What is this?" he shouted, grabbing at a halter-shank and clinging to it until a knife slashed down on his wrist.Newcastle, a man older than his brother Pelham, and of inferior abilities, instead of strengthening himself by the promotion of Pitt and Henry Fox, was only anxious to grasp all the power of the Cabinet, and retain these far abler men as his obedient subordinates. He at once got himself placed at the head of the Treasury, and selected as Chancellor of the Exchequer Henry Legge, a son of the Earl of Dartmouth, a quiet but ordinary man of business, by no means fitted to take the leadership of the House of Commons. The three men calculated for that post were Pitt, Fox, and Murray; but Pitt was still extremely disliked by the king, who did not forget his many years' thunderings against Hanoverian measures, and both George and Newcastle were no little[117] afraid of his towering ambition. Henry Fox was a man of amiable character in private life, but in politics an adventurer.
Director
Notwithstanding the constant wars of this time, British shipping, commerce, colonies, and manufactures made considerable progress. At the commencement of this period the amount of shipping employed in our commerce was altogether 244,788 tons, being 144,264 tons English, and 100,524 foreign; in 1701 the amount of shipping employed was 337,328 tons, of which alone 293,703 were English. In 1702, the end of William's reign, the number of English mercantile vessels was about 3,281, employing 27,196 seamen. The royal navy, at the end of William's reign, amounted to about 159,000 tons, employing some 50,000 sailors, so that the seamen of England must have amounted at that period to nearly 80,000.BARTHOLOMEW FAIR, LONDON, IN 1721. (From a Painting on a Fan.)