The History of England, from the Accession of James the Second - Volume 5 by Thomas Babington Macaulay (i can read book club TXT) 📕

The two British kingdoms were so closely connected, physically and politically, that it was scarcely possible for one of them to be at peace with a power with which the other was at war. If the Scotch drew King William into a quarrel, England must, from regard to her own dignity which was bound up with his, support him in it. She was to be tricked into a bloody and expensive contest in the event of which she had no interest; nay, into a contest in which victory would be a greater calamity to her than defeat. She was to lavish her wealth and the lives of her seamen, in order that a set of cunning foreigners might enjoy a monopoly by which she would be the chief sufferer. She was to conquer and defend provinces for this Scotch Corporation; and her reward was to be that her merchants were to be undersold, her customers decoyed away, her exchequer beggared. There would be an end to the disputes between the old East India Company and the new East India Company; for both Companies would be ruined alike. The two great springs of revenue would be dried up together. What would be the receipt of the Customs, what of the Excise, when vast magazines of sugar, rum, tobacco, coffee, chocolate, tea, spices, silks, muslins, all duty free, should be formed along the estuaries of the Forth and of the Clyde, and along the border from the mouth of the Esk to the mouth of the Tweed? What army, what fleet, would be sufficient to protect the interests of the government and of the fair trader when the whole kingdom of Scotland should be turned into one great smuggling establishment? Paterson's plan was simply this, that England should first spend millions in defence of the trade of his Company, and should then be plundered of twice as many millions by means of that very trade.

The cry of the city and of the nation was soon echoed by the legislature. When the Parliament met for the first time after the general election of 1695, Rochester called the attention of the Lords to the constitution and designs of the Company. Several witnesses were summoned to the bar, and gave evidence which produced a powerful effect on the House. "If these Scots are to have their way," said one peer, "I shall go and settle in Scotland, and not stay here to be made a beggar." The Lords resolved to represent strongly to the King the injustice of requiring England to exert her power in support of an enterprise which, if successful, must be fatal to her commerce and to her finances. A representation was drawn up and communicated to the Commons. The Commons eagerly concurred, and complimented the Peers on the promptitude with which their Lordships had, on this occasion, stood forth to protect the public interests. The two Houses went up together to Kensington with the address. William had been under the walls of Namur when the Act for incorporating the Company had been touched with his sceptre at Edinburgh, and had known nothing about that Act till his attention had been called to it by the clamour of his English subjects. He now said, in plain terms, that he had been ill served in Scotland, but that he would try to find a remedy for the evil which bad been brought to his notice. The Lord High Commissioner Tweeddale and Secretary Johnstone were immediately dismissed. But the Act which had been passed by their management still continued to be law in Scotland, nor was it in their master's power to undo what they had done.

The Commons were not content with addressing the throne. They instituted an inquiry into the proceedings of the Scotch Company in London. Belhaven made his escape to his own country, and was there beyond the reach of the Serjeant-at-Arms. But Paterson and some of his confederates were severely examined. It soon appeared that the Board which was sitting in Clement's Lane had done things which were certainly imprudent and perhaps illegal. The Act of Incorporation empowered the detectors to take and to administer to their servants an oath of fidelity. But that Act was on the south of the Tweed a nullity. Nevertheless the directors had, in the heart of the City of London, taken and administered this oath, and had thus, by implication, asserted that the powers conferred on them by the legislature of Scotland accompanied them to England. It was resolved that they had been guilty of a high crime and misdemeanour, and that they should be impeached. A committee was appointed to frame articles of impeachment; but the task proved a difficult one; and the prosecution was suffered to drop, not however till the few English capitalists who had at first been friendly to Paterson's project had been terrified into renouncing all connection with him.

Now, surely, if not before, Paterson ought to have seen that his project could end in nothing but shame to himself and ruin to his worshippers. From the first it had been clear that England alone could protect his Company against the enmity of Spain; and it was now clear that Spain would be a less formidable enemy than England. It was impossible that his plan could excite greater indignation in the Council of the Indies at Madrid, or in the House of Trade at Seville, than it had excited in London. Unhappily he was given over to a strong delusion, and the blind multitude eagerly followed their blind leader. Indeed his dupes were maddened by that which should have sobered them. The proceedings of the Parliament which sate at Westminster, proceedings just and reasonable in substance, but in manner doubtless harsh and insolent, had roused the angry passions of a nation, feeble indeed in numbers and in material resources, but eminently high spirited. The proverbial pride of the Scotch was too much for their proverbial shrewdness. The votes of the English Lords and Commons were treated with marked contempt. The populace of Edinburgh burned Rochester in effigy. Money was poured faster than ever into the treasury of the Company. A stately house, in Milne Square, then the most modern and fashionable part of Edinburgh, was purchased and fitted up at once as an office and a warehouse. Ships adapted both for war and for trade were required; but the means of building such ships did not exist in Scotland; and no firm in the south of the island was disposed to enter into a contract which might not improbably be considered by the House of Commons as an impeachable offence. It was necessary to have recourse to the dockyards of Amsterdam and Hamburg. At an expense of fifty thousand pounds a few vessels were procured, the largest of which would hardly have ranked as sixtieth in the English navy; and with this force, a force not sufficient to keep the pirates of Sallee in check, the Company threw down the gauntlet to all the maritime powers in the world.

It was not till the summer of 1698 that all was ready for the expedition which was to change the face of the globe. The number of seamen and colonists who embarked at Leith was twelve hundred. Of the colonists many were younger sons of honourable families, or officers who had been disbanded since the peace. It was impossible to find room for all who were desirous of emigrating. It is said that some persons who had vainly applied for a passage hid themselves in dark corners about the ships, and, when discovered, refused to depart, clung to the rigging, and were at last taken on shore by main force. This infatuation is the more extraordinary because few of the adventurers knew to what place they were going. All that was quite certain was that a colony was to be planted somewhere, and to be named Caledonia. The general opinion was that the fleet would steer for some part of the coast of America. But this opinion was not universal. At the Dutch Embassy in Saint James's Square there was an uneasy suspicion that the new Caledonia would be founded among those Eastern spice islands with which Amsterdam had long carried on a lucrative commerce.

The supreme direction of the expedition was entrusted to a Council of Seven. Two Presbyterian chaplains and a preceptor were on board. A cargo had been laid in which was afterwards the subject of much mirth to the enemies of the Company, slippers innumerable, four thousand periwigs of all kinds from plain bobs to those magnificent structures which, in that age, towered high above the foreheads and descended to the elbows of men of fashion, bales of Scotch woollen stuffs which nobody within the tropics could wear, and many hundreds of English bibles which neither Spaniard nor Indian could read. Paterson, flushed with pride and hope, not only accompanied the expedition, but took with him his wife, a comely dame, whose heart he had won in London, where she had presided over one of the great coffeehouses in the neighbourhood of the Royal Exchange. At length on the twenty-fifth of July the ships, followed by many tearful eyes, and commended to heaven in many vain prayers, sailed out of the estuary of the Forth.

The voyage was much longer than a voyage to the Antipodes now is; and the adventurers suffered much. The rations were scanty; there were bitter complaints both of the bread and of the meat; and, when the little fleet, after passing round the Orkneys and Ireland, touched at Madeira, those gentlemen who had fine clothes among their baggage were glad to exchange embroidered coats and laced waistcoats for provisions and wine. From Madeira the adventurers ran across the Atlantic, landed on an uninhabited islet lying between Porto Rico and St. Thomas, took possession of this desolate spot in the name of the Company, set up a tent, and hoisted the white cross of St. Andrew. Soon, however, they were warned off by an officer who was sent from St. Thomas to inform them that they were trespassing on the territory of the King of Denmark. They proceeded on their voyage, having obtained the services of an old buccaneer who knew the coast of Central America well. Under his pilotage they anchored on the first of November close to the Isthmus of Darien. One of the greatest princes of the country soon came on board. The courtiers who attended him, ten or twelve in number, were stark naked; but he was distinguished by a red coat, a pair of cotton drawers, and an old hat. He had a Spanish name, spoke Spanish, and affected the grave deportment of a Spanish don. The Scotch propitiated Andreas, as he was called, by a present of a new hat blazing with gold lace, and assured him that, if he would trade with them, they would treat him better than the Castilians had done.

A few hours later the chiefs of the expedition went on shore, took formal possession of the country, and named it Caledonia. They were pleased with the aspect of a small peninsula about three miles in length and a quarter of a mile in breadth, and determined to fix here the city of New Edinburgh, destined, as they hoped, to be the great emporium of both Indies. The peninsula terminated in a low promontory of about thirty acres, which might easily be turned into an island by digging a trench. The trench was dug; and on the ground thus separated from the main land a fort was constructed; fifty guns were placed on the ramparts; and within the enclosures houses were speedily built and thatched with palm leaves.

Negotiations were opened with the chieftains, as they were called, who governed the neighbouring tribes. Among these savage rulers were found as insatiable a