e statesmen entirely agreed with William
in wishing to see the question of the Spanish succession speedily and
peaceably settled. They apprehended that, if Charles should die leaving
that question unsettled, the immense power of the French King and
the geographical situation of his dominions would enable him to
take immediate possession of the most important parts of the great
inheritance. Whether he was likely to venture on so bold a course, and
whether, if he did venture on it, any continental government would have
the means and the spirit to withstand him, were questions as to which
the English ministers, with unfeigned deference, submitted their opinion
to that of their master, whose knowledge of the interests and tempers
of all the courts of Europe was unrivalled. But there was one important
point which must not be left out of consideration, and about which his
servants might perhaps be better informed than himself, the temper of
their own country. It was, the Chancellor wrote, their duty to tell His
Majesty that the recent elections had indicated the public feeling in a
manner which had not been expected, but which could not be mistaken. The
spirit which had borne the nation up through nine years of exertions and
sacrifices seemed to be dead. The people were sick of taxes; they hated
the thought of war. As it would, in such circumstances, be no easy
matter to form a coalition capable of resisting the pretensions of
France, it was most desirable that she should be induced to withdraw
those pretensions; and it was not to be expected that she would withdraw
them without securing for herself a large compensation. The principle of
the Treaty of Loo, therefore, the English Ministers cordially approved.
But whether the articles of that treaty were or were not too favourable
to the House of Bourbon, and whether the House of Bourbon was likely
faithfully to observe them, were questions about which Somers delicately
hinted that he and his colleagues felt some misgivings. They had their
fears that Lewis might be playing false. They had their fears also that,
possessed of Sicily, he would be master of the trade of the Levant; and
that, possessed of Guipuscoa, he would be able at any moment to push
an army into the heart of Castile. But they had been reassured by the
thought that their Sovereign thoroughly understood this department of
politics, that he had fully considered all these things, that he had
neglected no precaution,
|