properly be reckoned is the day of the meeting of the Parliament after the general election of 1695. That election had taken place at a time when peril and distress had called forth all the best qualities of the nation. The hearts of men were in the struggle against France for independence, for liberty, and for the Protestant religion. Everybody knew that such a struggle could not be carried on without large establishments and heavy taxes. The government therefore could hardly ask for more than the country was ready to give. A House of Commons was chosen in which the Whig party had a decided preponderance. The leaders of that party had presently been raised, one by one, to the highest executive offices. The majority, therefore, readily arranged itself in admirable order under the ministers, and during three sessions gave them on almost every occasion a cordial support. The consequence was that the country was rescued from its dangerous position, and, when that Parliament had lived out its three years, enjoyed prosperity after a terrible commercial crisis, peace after a long and sanguinary war, and liberty united with order after civil troubles which had lasted during two generations, and in which sometimes order and sometimes liberty had been in danger of perishing.
Such were the fruits of the general election of 1695. The ministers had flattered themselves that the general election of 1698 would be equally favourable to them, and that in the new Parliament the old Parliament would revive. Nor is it strange that they should have indulged such a hope. Since they had been called to the direction of affairs every thing had been changed, changed for the better, and changed chiefly by their wise and resolute policy, and by the firmness with which their party had stood by them. There was peace abroad and at home. The sentinels had ceased to watch by the beacons of Dorsetshire and Sussex. The merchant ships went forth without fear from the Thames and the Avon. Soldiers had been disbanded by tens of thousands. Taxes had been remitted. The value of all public and private securities had risen. Trade had never been so brisk. Credit had never been so solid. All
