and sometimes more: so that the publick has directly lost several millions upon this one article, without any sort of necessity, that I could ever hear assigned, by the ablest vindicators of that party.
In this oppressed and entangled state was the kingdom, with relation to its debts, when the queen removed the earl of Godolphin from his office, and put it into commission, of which the present treasurer was one. This person had been chosen speaker successively to three parliaments, was afterwards secretary of state, and always in great esteem with the queen for his wisdom and fidelity. The late ministry, about two years before their fall, had prevailed with her majesty, much against her inclination, to dismiss him from her service; for which they cannot be justly blamed, since he had endeavoured the same thing against them, and very narrowly failed; which makes it the more extraordinary, that he should succeed in a second attempt, against those very adversaries, who had such fair warning by the first. He is firm and steady in his resolutions, not easily diverted from them after he has once possessed himself of an opinion that they are right; nor very communicative where he can act by himself, being taught by experience, "That a secret is seldom safe in more than one breast." That which occurs to other men after mature deliberation, offers to him as his first thoughts; so that he decides immediately what is best to be done, and therefore is seldom at a loss upon sudden exigencies. He thinks it a more easy and safe rule in politicks, to watch incidents as they come, and then turn them to the advantage of what he pursues, than to pretend to foresee them at a great distance. Fear, cruelty, avarice, and pride,
