In the month of October, England lost a worthy nobleman in the death of earl Cowper, who had twice discharged the office of lord-chancellor, with equal discernment and integrity. He was profoundly skilled in the laws of his country; in his apprehension quick and penetrating; in his judgment clear and determinate. He possessed a manly eloquence; his manner was agreeable, and his deportment graceful. This year was likewise remarkable for the death of the duke of Orleans, regent of France, who, since the decease of Louis XIV., had ruled that nation with the most absolute authority. He was a prince of taste and spirit, endowed with shining talents for empire, which he did not fail to display, even in the midst of effeminate pursuits and idle debauchery. From the infirm constitution of the infant king, he had conceived hopes of ascending the throne, and taken his measures accordingly; but the young monarch’s health began to be established, and all the duke’s schemes were defeated by an apoplexy, of which he died, in the fiftieth year of his age, after having nominated the duke of Bourbon as prime-minister. King George immediately received assurances of the good disposition of the French court, to cultivate and even improve the good understanding so happily established between France and Great Britain. The king arrived in England on the eighteenth day of December; and on the ninth day of January the parliament was assembled. His majesty, in his speech, recommended to the commons the care of the public debts; and he expressed his satisfaction at seeing the sinking fund improved and augmented, so as to put the debt of the nation into a method of being speedily and gradually discharged.
AN ACT FOR LESSENING THE PUBLIC DEBTS.
This was the repeated theory of patriotism, which unhappily for the subjects, was never reduced to practice; not but that a beginning of such a laudable work was made in this very session, by an act for lessening the public debts. This law provided that the annuities at five per cent, charged on the general fund by a former act, except such as had been subscribed into the South-Sea, together with the unsubscribed blanks of the lottery in the year one thousand seven hundred and fourteen, should be paid off at Lady-day of the year next ensuing, with the money arising from the sinking fund. The ministry, however, did not persevere in this path of prudent economy. The commons granted all the supplies that were demanded. They voted ten thousand seamen; and the majority, though not without violent opposition, agreed to maintain four thousand additional troops, which had been raised in the preceding year; so that the establishment of the land-forces amounted to eighteen thousand two hundred and sixty-four. The expense of the year was defrayed by a land-tax and malt-tax. The commons having despatched the supply, took into consideration a grievance arising from protections granted by foreign ministers, peers and members of parliament, under which profligate persons used to screen themselves from the prosecution of their just creditors. The commons resolved, That all protections granted by members of that house should be declared void, and immediately withdrawn. The lords made a declaration to the same purpose, with an exception to menial servants, and those necessarily employed about the estates of peers.*
* The duke of Newcastle was now appointed secretary of state; the duke of Grafton, lord-chamberlain; and lord Carteret, lord-lieutenant of Ireland.—The king instituted a professorship for the modern languages in each university.— In the month of May died Robert Harley, earl of Oxford and earl Mortimer, who had been a munificent patron of genius and literature; and completed a very valuable collection of manuscripts.—The practice of inoculation for the small-pox was by this time introduced into England from Turkey. Prince Frederic, the two princesses Amelia and Carolina, the duke of Bedford and his sister, with many other persons of distinction, underwent the operation with success.—Dr. Henry Sacheverel died in June, after having bequeathed five hundred pounds to the late bishop of Rochester.
1724
On the twenty-fourth day of April, his majesty closed the session in the usual manner, made some alterations in the disposition of the great officers of state, and sent Mr. Horatio Walpole as ambassador-extraordinary to the court of France.
PHILIP, KING OF SPAIN, ABDICATES THE THRONE.
In the beginning of this year, Philip king of Spain, retiring with his queen to the monastery of St. Ildefonso, sent the marquis of Grimaldi, his principal secretary of state, to his son Louis prince of Asturias, with a solemn renunciation of the crown, and a letter of advice in which he exhorted him to cultivate the Blessed Virgin with the warmest devotion, and put himself and his kingdoms under her protection. The renunciation was published through the whole monarchy of Spain; and the council of Castile resolved, That Louis might assume the reins of government without assembling the Cortez. The English minister at Paris was instructed to interpose in behalf of the French protestants, against whom a severe edict had been lately published; but his remonstrances produced no effect. England, in the meantime, was quite barren of such events as deserve a place in history. The government was now firmly established on the neck of opposition; and commerce flourished even under the load of grievous impositions.