Book 2 Chapter 7
In a commercial country like England, every half century developes some new and vast source of public wealth, which brings into national notice a new and powerful class. A couple of centuries ago, a Turkey merchant was the great creator of wealth; the West Indian Planter followed him. In the middle of the last century appeared the Nabob. These characters in their zenith in turn merged in the land, and became English aristocrats; while the Levant decaying, the West Indies exhausted, and Hindostan plundered, the breeds died away, and now exist only in our English comedies from Wycherly and Congreve to Cumberland and Morton. The expenditure of the revolutionary war produced the Loanmonger, who succeeded the Nabob; and the application of science to industry developed the Manufacturer, who in turn aspires to be “large-acred,” and always will, as long as we have a territorial constitution; a better security for the preponderance of the landed interest than any corn law, fixed or fluctuating.
Of all these characters, the one that on the whole made the largest fortunes in the most rapid manner,—and we do not forget the marvels of the Waterloo loan, or the miracles of Manchester during the continental blockade—was the Anglo-East Indian about the time that Hastings was first appointed to the great viceroyalty. It was not unusual for men in positions so obscure that their names had never reached the public in this country, and who yet had not been absent from their native land for a longer period than the siege of Troy, to return with their million.
One of the most fortunate of this class of obscure adventurers was a certain John Warren. A very few years before the breaking out of the American war, he was a waiter at a celebrated club in St James’s Street: a quick yet steady young fellow; assiduous, discreet, and very civil. In this capacity, he pleased a gentleman who was just appointed to the government of Madras, and who wanted a valet. Warren, though prudent, was adventurous; and accepted the opening which he believed fortune offered him. He was prescient. The voyage in those days was an affair of six months. During this period, Warren still more ingratiated himself with his master. He wrote a good hand, and his master a very bad one. He had a natural talent for accounts; a kind of information which was useful to his employer. He arrived at Madras, no longer a valet, but a private secretary.
His master went out to make a fortune; but he was indolent, and had indeed none of the qualities for success, except his great position. Warren had every quality but that. The basis of the confederacy therefore was intelligible; it was founded on mutual interests and cemented by reciprocal assistance. The governor granted monopolies to the secretary, who apportioned a due share to his sleeping partner. There appeared one of those dearths not unusual in Hindostan; the population of the famished province cried out for rice; the stores of which, diminished by nature, had for months mysteriously disappeared. A provident administration it seems had invested the public revenue in its benevolent purchase; the misery was so excessive that even pestilence was anticipated, when the great forestallers came to the rescue of the people over whose destinies they presided; and at the same time fed and pocketed millions.
This was the great stroke of the financial genius of Warren. He was satisfied. He longed once more to see St James’s Street, and to become a member of the club, where he had once been a waiter. But he was the spoiled child of fortune, who would not so easily spare him. The governor died, and had appointed his secretary his sole executor. Not that his excellency particularly trusted his agent, but he dared not confide the knowledge of his affairs to any other individual. The estate was so complicated, that Warren offered the heirs a good round sum for his quittance, and to take the settlement upon himself. India so distant, and Chancery so near—the heirs accepted the proposition. Winding up this estate, Warren avenged the cause of plundered provinces; and the House of Commons itself, with Burke and Francis at its head, could scarcely have mulcted the late governor more severely.
A Mr Warren, of whom no one had ever heard except that he was a nabob, had recently returned from India and purchased a large estate in the north of England, was returned to Parliament one of the representatives of a close borough which he had purchased: a quiet, gentlemanlike, middle-aged man, with no decided political opinions; and, as parties were then getting very equal, of course very much courted. The throes of Lord North’s administration were commencing. The minister asked the new member to dine with him, and found the new member singularly free from all party prejudices. Mr Warren was one of those members who announced their determination to listen to the debates and to be governed by the arguments. All complimented him, all spoke to him. Mr Fox declared that he was a most superior man; Mr Burke said that these were the men who could alone save the country. Mrs Crewe asked him to supper; he was caressed by the most brilliant of duchesses.
At length there arrived one of those fierce trials of strength, which precede the fall of a minister, but which sometimes from peculiar circumstances, as in the instances of Walpole and Lord North, are not immediate in their results. How would Warren vote? was the great question. He would listen to the arguments. Burke was full of confidence that he should catch Warren. The day before the debate there was a levee, which Mr Warren attended. The sovereign stopped him, spoke to him, smiled on him, asked him many questions: about himself, the House of Commons, how he liked it, how he liked England. There was a flutter in the circle; a new favourite at court.
The debate came off, the division took place. Mr Warren voted for the minister. Burke denounced him; the king made him a baronet.