An act was rushed through both houses of Congress, authorizing and directing the President to appoint three commissioners to confer with a like number to be appointed by the government of Great Britain, to draft a treaty of peace between the two countries, in substantial accordance with the terms heretofore offered by the representatives of Her Britannic Majesty's government.

A further cessation of hostilities, pending the meeting of these commissioners in Paris, took place, and the two British fleets then on their way to the United States were instructed, by cable, to rendezvous at Halifax, and await further orders. The negotiations were concluded much more promptly than such negotiations usually are. The only serious question of difference grew out of the insistence by the British commissioners, that the United States should assume the indebtedness of the Dominion of Canada.

This was at length agreed to by the American representatives, and a treaty of peace, which was subsequently ratified by both governments, was agreed upon, by which Great Britain ceded to the United States all of its Canadian and West Indian possessions, except the island of Barbadoes, which was to be retained as a military and naval station; and in return for this cession of territory, the United States agreed to assume the indebtedness of Canada, amounting to about $300,000,000; and to pay to Great Britain, as "purchase money," $1,500,000,000. The phrase "purchase money," instead of "penalty" or "war indemnity," was inserted at the urgent request of the American commissioners, without serious objection by their British associates. The latter, doubtless, thought that as long as they got the money, it made no difference what name they gave it.

Thus ended one of the briefest, and at the same time one of the most momentous wars that ever was waged. Its brevity was obvious. Its importance grew out of the fact that it changed the Nationality of half a continent, and totally revolutionized existing methods of Naval warfare. England's triumph, it is true, was complete; and British jubilation was intense, but both were only temporary; and this apparent success was but the commencement of the downfall of the British Empire. That heterogeneous combination of different races and Nationalities, had hitherto "ruled the world" by virtue of its conceded superiority as a naval power; but this American invention of self-destroying torpedo boats, having fully demonstrated the fact that any properly defended harbor was invulnerable to attack even by the heaviest and most formidable iron-clads, British threats ceased to alarm anybody; and thenceforward England exerted only such influence in European councils, as her military strength entitled her to—which was very trifling.

In the great Continental war which made such radical changes in the maps of Europe and Asia, she took practically no part; and while Germany absorbed German Austria, and thus realized the dream of Bismark's life—German unity,—and Vienna became in name, as well as in fact, a German City; and while Russia seized the Danubian provinces and European Turkey and Greece, thus possessing herself of Constantinople, and of her long coveted outlet on the Mediterranean; England was compelled to look idly on, and play the rô1e of a disgusted spectator.

To the loss of prestige as a Naval power, which the Battle of the Swash occasioned, can also be directly attributed England's subsequent loss of India and Australia; the former by Russian conquest, and the latter by declaring itself an independent nation.

Thus do the most momentous historical events often-times hinge upon apparently trivial happenings; and the fate of Nations and peoples yet unborn, may be changed by a skirmish of outposts, or the bombardment of towns on the opposite side of the world.

CHAPTER XII.
CONCLUSION.

The treaty of peace was greatly objected to by such of the Canadians as had favored a continuation of British rule, and the more bitter of these attempted to organize an "Independence party."