sures of
Charles and his ministers. Its members were bought and sold with
unblushing facility, and even were corrupted by the agents of the
French king. One member received six thousand pounds for his vote.
Twenty-nine of the members received from five hundred to twelve
hundred pounds a year. Charles I. attempted to rule by opposition to
the parliament; Charles II. by corrupting it. Hence it was nearly
silent in view of his arbitrary spirit, his repeated encroachments,
and his worthless public character.
Among his worst acts was his shutting up the Exchequer, where the
bankers and merchants had been in the habit of depositing money on the
security of the funds, receiving a large interest of from eight to ten
per cent. By closing the Exchequer, the bankers, unable to draw out
their money, stopped payment; and a universal panic was the
consequence, during which many great failures happened. By this base
violation of the public faith, Charles obtained one million three
hundred thousand pounds. But it undermined his popularity more than
any of his acts, since he touched the pockets of the people. The
odium, however, fell chiefly on his ministers, especially those who
received the name of the _Cabal_, from the fact that the initials of
their names spelt that odious term of reproach, not unmerited in their
case.
These five ministers were Clifford, Arlington, Buckingham, Ashley, and
Lauderdale, and they were the great instruments of his tyranny. None
of them had the talents or audacity of Strafford, or the narrowness
and bigotry of Laud; but their counsels were injurious to the nation.
Clifford and Arlington were tolerably respectable but indifferent to
the glory and shame of their country; while Buckingham, Ashley, and
Lauderdale were profligate, unprincipled, and dishonest to a great
degree. They aided Charles to corrupt the parliament and deceive the
nation. They removed all restraints on his will, and pandered to his
depraved tastes. It was by their suggestion that the king shut up the
Exchequer. They also favored restrictions on the press.
[Sidenote: Restrictions on the Press.]
These restrictions were another abomination in the reign of Charles,
but one ever peculiar to a despotic government. No book could be
printed out of London, York, or the Universities. But these were not
made wholly with a view of shackling the mind, but to prevent those
libels and lampoons which made the government ridiculous in the eyes
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