THE KING’S LAST SPEECH TO BOTH HOUSES.

Never did the two parties proceed with such heat and violence against each other, as in their endeavours to influence the new elections. The whigs, however, obtained the victory, as they included the monied-interest, which will always prevail among the borough electors. Corruption was now reduced into an open and avowed commerce; and, had not the people been so universally venal and profligate that no sense of shame remained, the victors must have blushed for their success. Though the majority thus obtained was staunch to the measures of the court, the choice of speaker fell upon Mr. Harley, contrary to the inclination of the king, who favoured sir Thomas Lyttleton; but his majesty’s speech was received with universal applause. It was so much admired by the well-wishers to the revolution, that they printed it with decorations in the English, Dutch, and French languages. It appeared as a piece of furniture in all their houses, and as the king’s last legacy to his own and all protestant people. In this celebrated harangue, he expatiated upon the indignity offered to the nation by the French king’s acknowledging the pretended prince of Wales; he explained the dangers to which it was exposed by his placing his grandson on the throne of Spain; he gave them to understand he had concluded several alliances according to the encouragement given him by both houses of parliament, which alliances should be laid before them, together with other treaties still depending. He observed, that the eyes of all Europe were upon this parliament; and all matters at a stand until their resolution should be known: therefore no time ought to be lost. He told them they had yet an opportunity to secure for themselves and their posterity the quiet enjoyment of their religion and liberties, if they were not wanting to themselves, but would exert the ancient vigour of the English nation; but he declared his opinion was that should they neglect this occasion, they had no reason to hope for another. He said it would be necessary to maintain a great strength at sea, and a force on land proportionable to that of their allies. He pressed the commons to support the public credit, which could not be preserved without keeping sacred that maxim, That they shall never be losers who trust to the parliamentary security. He declared that he never asked aids from his people without regret; that what he desired was for their own safety and honour at such a critical time; and that the whole should be appropriated to the purposes for which it was intended. He expressed his willingness that the accounts should be yearly submitted to the inspection of parliament. He again recommended despatch, together with good bills for employing the poor, encouraging trade, and suppressing vice. He expressed his hope that they were come together determined to avoid disputes and differences, and to act with a hearty concurrence for promoting the common cause. He said he should think it as great a blessing as could befal England, if they were as much inclined to lay aside those unhappy fatal animosities which divided and weakened them, as he was disposed to make all his subjects safe and easy, even as to the highest offences committed against his person. He conjured them to disappoint the hopes of their enemies by their unanimity. As he had always shown, and always would show, how desirous he was to be the common father of all his people, he desired they would lay aside parties and divisions, so as that no distinction should be heard of amongst them, but of those who were friends to the protestant religion and present establishment, and of those who wished for a popish prince and a French government. He concluded by affirming, that if they in good earnest desired to see England hold the balance of Europe, and be indeed at the head of the protestant interest, it would appear by their improving the present opportunity, The lords immediately drew up a warm and affectionate address, in which they expressed their resentment of the proceedings of the French king in owning the pretended prince of Wales for king of England. They assured his majesty they would assist him to the utmost of their power against all his enemies: and when it should please God to deprive them of his majesty’s protection, they would vigorously assist and defend against the pretended prince of Wales, and all other pretenders whatsoever, every person and persons who had right to succeed to the crown of England by virtue of the acts of parliament for establishing and limiting the succession. On the fifth day of January. an address to the same effect was presented by the commons, and both met with a very gracious reception from his majesty. The lords, as a further proof of their zeal, having taken into consideration the dangers that threatened Europe, from the accession of the duke of Anjou to the crown of Spain, drew up another address explaining their sense of that danger; stigmatizing the French king as a violator of treaties; declaring their opinion that his majesty, his subjects, and allies, could never be safe and secure until the house of Austria should be restored to their rights, and the invader of the Spanish monarchy brought to reason; and assuring his majesty that no time should be lost, nor any thing wanting on their parts, which might answer the reasonable expectations of their friends abroad; not doubting but to support the reputation of the English name, when engaged under so great a prince, in the glorious cause of maintaining the liberty of Europe.

The king, in order to awake the confidence of the commons, ordered Mr. secretary Vernon to lay before them copies of the treaties and conventions he had lately concluded, which were so well approved that the house unanimously voted the supply. By another vote they authorized the exchequer to borrow six hundred thousand pounds at six per cent, for the service of the fleet, and fifty thousand pounds for the subsistence of guards and garrisons. They deliberated upon the state of the navy, with the debt due upon it, and examined an estimate of what would be necessary for extraordinary repairs. They called for an account of that part of the national debt for which no provision had been made. The ordered the speaker to write to the trustees for the forfeited estates in Ireland, to attend the house with a full detail of their proceedings in the execution of that act of parliament. On the ninth day of January, they unanimously resolved, That leave be given to bring in a bill for securing his majesty’s person, and the succession of the crown in the protestant line, for extinguishing the hopes of the pretended prince of Wales, and all other pretenders, and their open and secret abettors. They resolved to address his majesty that he would insert an article in all his treaties of alliance, importing, That no peace should be made with France until his majesty and the nation have reparation for the great indignity offered by the French king, in owning and declaring the pretended prince of Wales king of England, Scotland, and Ireland. They agreed to maintain forty thousand men for the sea service, and a like number by land, to act in conjunction with the forces of the allies, according to the proportions settled by the contracting powers. The supplies were raised by an imposition of four shillings in the pound upon lands, annuities, pensions, and stipends, and on the profits arising from the different professions; by a tax of two and one-half per cent, on all stock in trade and money at interest; of five shillings in the pound on all salaries, fees, and perquisites; a capitation tax of four shillings; an imposition of one per cent, on all shares in the capital stock of any corporation or company which should be bought, sold, or bargained for; a duty of sixpence per bushel on malt, and a farther duty on mum, cyder, and perry.