bers, there was no chance that even the least odious
parts of the scheme arranged at Dover would be supported by a majority.
It was necessary to have recourse to fraud. The King professed great
zeal for the principles of the Triple Alliance, and pretended that, in
order to hold the ambition of France in check, it would be necessary to
augment the fleet. The Commons fell into the snare, and voted a grant of
eight hundred thousand pounds. The Parliament was instantly prorogued;
and the court, thus emancipated from control, proceeded to the execution
of the great design.
The financial difficulties however were serious. A war with Holland
could be carried on only at enormous cost. The ordinary revenue was not
more than sufficient to support the government in time of peace. The
eight hundred thousand pounds out of which the Commons had just been
tricked would not defray the naval and military charge of a single year
of hostilities. After the terrible lesson given by the Long Parliament,
even the Cabal did not venture to recommend benevolences or shipmoney.
In this perplexity Ashley and Clifford proposed a flagitious breach of
public faith. The goldsmiths of London were then not only dealers in the
precious metals, but also bankers, and were in the habit of advancing
large sums of money to the government. In return for these advances they
received assignments on the revenue, and were repaid with interest as
the taxes came in. About thirteen hundred thousand pounds had been
in this way intrusted to the honour of the state. On a sudden it was
announced that it was not convenient to pay the principal, and that the
lenders must content themselves with interest. They were consequently
unable to meet their own engagements. The Exchange was in an uproar:
several great mercantile houses broke; and dismay and distress
spread through all society. Meanwhile rapid strides were made towards
despotism. Proclamations, dispensing with Acts of Parliament, or
enjoining what only Parliament could lawfully enjoin, appeared in rapid
succession. Of these edicts the most important was the Declaration of
Indulgence. By this instrument the penal laws against Roman Catholics
were set aside; and, that the real object of the measure might not
be perceived, the laws against Protestant Nonconformists were also
suspended.
A few days after the appearance of the Declaration of Indulgence, war
was proclaimed against the United Provinces. By sea the Dutch m
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