From such an event as the disposal of a fortune of four hundred thousand, the thoughts of Mrs Stanhope were again distracted by the news in the political world. A letter from Archibald Macdonald, dated July 23rd, 1809, echoes the current gossip respecting Lord Wellesley, afterwards Viceroy of Ireland, of whose movements with regard to the Continental campaign no one could speak with certainty. "Is he gone to Spain or not?" questioned Mr Macdonald. "I have heard it very confidently asserted that he is not going, and that all his gout, etc., is merely affected to prevent his being sent. In short, that he has changed all his plans and did not venture to stir one step. On the other hand, it is said, that he is become nearly quite imbecile." Meanwhile, although Sir Arthur Wellesley had obtained victories at Oporto and at Talavera, having been unsupported by the Spaniards he was obliged to retreat; and following on this, an expedition sent out by the British Government to Walcheren under Lord Chatham proved a terrible failure. The mutual recriminations of Canning and Castlereagh led to their resignation and resulted in a duel which took place between them on September 9th, and of which Archibald Macdonald writes:—

When we were at Glasgow Circuit the Lord Advocate shewed me Lord Castlereagh's own account of the duel, and really from it I think there is no doubt he behaved most infamously. Canning was certainly not in the least to blame. I hope the King will still take Lord Wellesley and him into the Cabinet.

Lord Melville intended to have gone to England in the beginning of the month; he has now, however, determined not to stir till everything is fixed, lest it should be said that he has gone a-place hunting.

In October Perceval succeeded the Duke of Portland as Prime Minister, First Lord of the Treasury and Chancellor of the Exchequer, while Lord Wellesley became Minister for Foreign Affairs. A rumour meanwhile reached the Stanhopes with regard to their young friend Mr Pemberton Milnes which roused their curiosity.

What say you in the South to the Administration? Will it be possible for them to go on? 'Tis strongly reported here that Milnes refused being Chancellor of the Exchequer. True it is that a King's Messenger was sent to him, and I believe that something which he declined was offered to him, but surely not that great office. I live in dread of the United Talents being called in! Lord Wellesley and Lord Melville might enable them to go on, but without them they will never do. I am still willing to hope that Peace is not signed and that Bonaparte may be ill.

The true story of the offer which was made to Pemberton Milnes was afterwards thus recorded by John Stanhope:—

Soon after he left Cambridge, Milnes made a bet of £300 to £500 with Kit Wilson, then a great character on the Turf—indeed for a long time Father of the Turf—that before seven years were over he should be Chancellor of the Exchequer. I do not mention this from mere rumour, for I heard Mr Wilson himself tell the story at dinner at Wentworth House, adding that the bet was drawn before the seven years were over. As will be seen by his letter to me, he was actually offered the Chancellorship of the Exchequer at five-and-twenty,—not perhaps exactly in the view in which he originally intended, as that place has now for years been considered as attached to the position of the Prime Minister, but still with a place in the Cabinet.

Robert Pemberton Milnes to Walter Spencer-Stanhope. October 23rd, 1809.

My Dear Sir,

As I feel as strongly as I can the kind expressions of friendship that we have interchanged, and as I flatter myself on this occasion you may find an interest in what perhaps may be thought a leading event in my life, I sit down to send you a line informing you of my having reached London, having received a letter from Perceval which would have made it personally disrespectful to him had I declined coming. On my arrival here, and after he had submitted in great detail the history of the Cabinet discussions, he closed by no less an offer than saying he had the King's orders to propose to me the situation either of Chancellor of the Exchequer or Secretary of War,—the latter without a seat in the Cabinet, if I wished to lessen the responsibility.