of England's disgrace,
Thought no way so sure
His pen to secure
As to give the historian a place."

=Lord North Yields.=--As time wore on, events bore heavily on the side
of the opponents of the government's measures. They had predicted that
conquest was impossible, and they had urged the advantages of a peace
which would in some measure restore the affections of the Americans.
Every day's news confirmed their predictions and lent support to their
arguments. Moreover, the war, which sprang out of an effort to relieve
English burdens, made those burdens heavier than ever. Military expenses
were daily increasing. Trade with the colonies, the greatest single
outlet for British goods and capital, was paralyzed. The heavy debts due
British merchants in America were not only unpaid but postponed into an
indefinite future. Ireland was on the verge of revolution. The French
had a dangerous fleet on the high seas. In vain did the king assert in
December, 1781, that no difficulties would ever make him consent to a
peace that meant American independence. Parliament knew better, and on
February 27, 1782, in the House of Commons was carried an address to the
throne against continuing the war. Burke, Fox, the younger Pitt, Barre,
and other friends of the colonies voted in the affirmative. Lord North
gave notice then that his ministry was at an end. The king moaned:
"Necessity made me yield."

In April, 1782, Franklin received word from the English government that
it was prepared to enter into negotiations leading to a settlement. This
was embarrassing. In the treaty of alliance with France, the United
States had promised that peace should be a joint affair agreed to by
both nations in open conference. Finding France, however, opposed to
some of their claims respecting boundaries and fisheries, the American
commissioners conferred with the British agents at Paris without
consulting the French minister. They actually signed a preliminary peace
draft before they informed him of their operations. When Vergennes
reproached him, Franklin replied that they "had been guilty of
neglecting _bienseance_ [good manners] but hoped that the great work
would not be ruined by a single indiscretion."

=The Terms of Peace (1783).=--The general settlement at Paris in 1783
was a triumph for America. England recognized the independence of the
United States, naming each state specifically, and agreed to boundaries
extending from the A