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TWO:Such was the busy scene which these colonies were now presenting. Dutch, German, and Swedish emigrants were carrying their industry and handicrafts thither. But, instead of our merchants seeing what a mighty market was growing up for them there, their commercial jealousy was aroused at the sight of the illicit trade which the colonists carried on with the Spanish, French, and other colonies, and even with Europe. The planters of the British West Indies complained of the American colonists taking their rum, sugar, coffee, etc., from the Dutch, French, and Spanish islands, in return for their raw produce, asserting that they had a monopoly for all their productions throughout the whole of the British dominions. Loud clamours were raised by these planters in the British Parliament, demanding the prohibition of this trade; and, after repeated endeavours in 1733 an Act was passed to crush it, by granting[184] a drawback on the re-exportation of West Indian sugar from England, and imposing duties on the importation of the West Indian produce of our European rivals direct into the American colonies.Meanwhile, the American emissaries were both busy and successful at the Court of France. Though the Government still professed most amicable relations towards Great Britain, it winked at the constant sale of the prizes taken by American privateers, or those who passed for such, in their ports. The Government had, as we have seen, supplied the insurgents with money and arms. It was now arranged between Silas Deane and the French Minister, Vergennes, that the supplies of arms and ammunition should be sent by way of the West Indies, and that Congress should remit payment in tobacco and other produce. The French Government supplied the American agents with money for their purchases of arms and necessary articles for the troops, also to be repaid in tobacco. Two of the ships sent off with such supplies were captured by the British men-of-war; but a third, loaded with arms, arrived safely. To procure the money which they could not draw from Europe, Congress made fresh issues of paper money, though what was already out was fearfully depreciated. They voted a loan also of five millions of dollars, at four per cent. interest. They authorised a lottery to raise a like sum, the prizes to be payable in loan-office certificates. These measures only precipitated the depreciation of the Government paper; people refused to take it; and Washington, to prevent the absolute starvation of the army, was endowed with the extraordinary power of compelling the acceptance of it, and of arresting and imprisoning all maligners of the credit of Congress. Congress went further, and passed a resolution that their bills ought to pass[237] current in all payments, trade, and dealings, and be deemed equal in value to the same sum in Spanish dollars; and that all persons refusing to take them should be considered enemies to the United States; and the local authorities were called upon to inflict forfeitures and other penalties on all such persons. Still further: the New York convention having laid before Congress their scheme for regulating the price of labour, produce, manufactured articles, and imported goods, it was adopted. But these arbitrary and unscientific measures the traders set at defiance, and the attempts to enforce them only aggravated the public distress. Loans came in slowly, the treasury ran low, the loan offices were overdrawn, and the issue of bills of credit was reluctantly recommenced; ten additional millions were speedily authorised, and as the issue increased, the depreciation naturally kept pace with it. The Commissioners in France were instructed to borrow money there, but the instructions were more easily given than executed.

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• THREE:The Earl of Bute became more and more unpopular. The conditions of the peace were greatly disapproved, and the assurance that not only Bute, but the king's mother and the Duke of Bedford, had received French money for carrying the peace, was generally believed. The conduct of Bute in surrounding the king with his creatures, in which he was joined by the Princess of Wales, added much to the public odium. George was always of a domestic and retiring character, and he was now rarely seen, except when he went once or twice a-year to Parliament, or at levees, which were cold, formal, and unfrequent. Though, probably, the main cause of this was the natural disposition of himself and queen, yet Bute and the princess got the credit of it. Then the manner in which Bute paid his visits to the princess tended to confirm the rumours of their guilty intimacy. He used always to go in an evening in a sedan chair belonging to one of the ladies of the princess's household, with the curtains drawn, and taking every other precaution of not being seen. There were numbers of lampoons launched at the favourite and the princess. They were compared to Queen Isabella and Mortimer, and Wilkes actually wrote an ironical dedication of Ben Jonson's play of "The Fall of Mortimer," to Bute.By permission of the Corporation of Liverpool.
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