ABUSES IN CHANCERY.
The next parliament, which met on the twelfth day of November, seemed to be assembled for no other purpose than that of establishing funds for the expense of the ensuing year; yet the session was distinguished by a remarkable incident—namely, the trial of the earl of Macclesfield, lord-chancellor of England. This nobleman had connived at certain venal practices touching the sale of places, and the money of suitors deposited with the masters of chancery, so as to incur the general reproach of the nation. He found it necessary to resign the great seal in the beginning of January, 1725. On the ninth day of the ensuing month, the king sent a message to the commons, importing, That his majesty having reason to apprehend that the suitors in the court of chancery were in danger of losing a considerable sum of money, from the insufficiency of some of the masters, thought himself obliged, in justice and compassion to the said sufferers, to take the most speedy and proper method the law would allow for inquiring into the state of the master’s accounts, and securing their effects for the benefit of the suitors; and his majesty having had several reports laid before him, in pursuance of the directions he had given, had ordered the reports to be communicated to the house, that they might have as full and as perfect a view of this important affair as the shortness of the time, and the circumstances and nature of the proceedings, would admit.
TRIAL OF THE EARL OF MACCLESFIELD.
These papers being taken into consideration, sir George Oxenden observed, that enormous abuses had crept into the high court of chancery; that the crimes and misdemeanors of the late lord-chancellor were many and various, but might be reduced to the following heads —that he had embezzled the estates and effects of many widows, orphans, and lunatics; that he had raised the offices of masters in chancery to an exorbitant price; trusting in their hands large sums of money belonging to suitors, that they might be enabled to comply with his exorbitant demands, and that in several cases he had made divers irregular orders. He therefore moved, That Thomas earl of Macclesfield should be impeached of high crimes and misdemeanors. Mr. Pulteney moved, That this affair might be left to the consideration of a select committee. Sir William Wyndham asserted, That in proceeding by way of impeachment upon reports from above, they would make a dangerous precedent; and seem to give up the most valuable of their privileges, the inquest after state criminals. The question being put, it was carried for the impeachment. The earl was accordingly impeached at the bar of the upper house; a committee was appointed to prepare articles; and a bill was brought in, to indemnify the masters in chancery from the penalties of the law, upon discovering what consideration they had paid for their admission to their respective offices. The trial lasted twenty days; the earl was convicted of fradulent practices; and condemned in a fine of thirty thousand pounds, with imprisonment until that sum should be paid. He was immediately committed to the Tower, where he continued about six weeks; but upon producing the money he was discharged; and sir Peter King, now created baron of Oakham, succeeded him in the office of chancellor.
DEBATES ABOUT THE DEBTS OF THE CIVIL LIST.
His majesty, on the eighth day of April, gave the house of commons to understand, that having been engaged in some extraordinary expenses, he hoped he should be enabled to raise a sum of money, by making use of the funds lately established for the payment of the civil list annuities, in order to discharge the debts contracted in the civil government. Mr. Pulteney, cofferer of the household, moved for an address, That an account should be laid before the house of all monies paid for secret service, pensions, and bounties, from the twenty-fifth day of March, in the year one thousand seven hundred and one, to the twenty-fifth of the same month in the present year. This address being voted, a motion was made to consider the king’s message. Mr. Pulteney urged, that this consideration should be postponed until the house should have examined the papers that were the subject of the address. He expressed his surprise that a debt amounting to above five hundred thousand pounds should be contracted in three years; he said, he did not wonder that some persons should be so eager to make good the deficiencies of the civil-list, since they and their friends enjoyed such a share of that revenue; and he desired to know whether this was all that was due, or whether they should expect another reckoning? This gentleman began to be dissatisfied with the measures of the ministry; and his sarcasms were aimed at Mr. Walpole, who undertook to answer his objections. The commons took the message into consideration, and passed a bill, enabling his majesty to raise a sum, not exceeding one million, by exchequer bills, loans, or otherwise, on the credit of the deductions of sixpence per pound, directed by an act of parliament of the seventh year of his majesty, and of the civil-list revenues, at an interest not exceeding three pounds per cent, till repayment of the principal.