His lordship confessed, in respect to the recovery of North America, he had been a very Quixote, and expected, because he most anxiously wished, that our colonies might be prevailed upon to return to their former state of connection with this country. He had indeed pushed his expectations further and longer, he believed, than any impartial person, informed of all the circumstances both here and in America, the present administration excepted, ever had: but his hopes had long since vanished. He had waked from those dreams of British dominion, and every important consequence which he flattered himself might be derived from them.

He would tell him what he meant by carrying the English constitution to America, and establishing it there, was the recovering the dependency of that country upon this. Not a corrupt or slavish dependency, calculated to enlarge the influence of the crown, already grown much too formidable for the honest purposes of a limited government, or procuring for ministers new sources of corruption, for dividing the prince and people from each other, and separating their interests, which can never be wisely or safely done, so long as even the forms of the constitution remain; but a fair, honest, wise, and honourable connection, in which the constitutional prerogatives of the crown, the claims of parliament, and the liberties, properties, and lives of all the subjects of the British empire, would be equally secured. Such an union, and no other than this, he would ever endeavour to bring about. Such an union he would ever contend for; and without such an union, he was of opinion, that this country could never exist, as an independent state, in respect of the other powers of Europe, nor as a free one, in respect of its own internal polity.

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Great moments have always produced great men, and great actions. The time of conflict is the time in which nature seems to delight in her grandest productions. From the Grecian republics, down even to our modern history, the most resplendent powers of man have been shown in the times of the greatest danger. The present, therefore, is a school for Frenchmen; every youth devotes himself to the cause of liberty, and thus actively engaged on the grand scene, all the powers of his soul take a warlike direction; it becomes a fashion, and the whole of the rising generation are educated in the military art; not, my lords, as our youth are educated to the military art, as one only of the professions in which they may rise to eminence or distinction, but the enthusiasm of war enters into the heart only from the enthusiasm of liberty; and the whole country is taught to feel that their only occupation, their only passion, ought to be arms, because their only good, their only blessing, is independence.

What, then, is the result of this part of the treaty, so wisely, and with so much sincere love on the part of England clamoured against by noble lords? Why this. You have generously given America, with whom every call under Heaven urges you to stand on the footing of brethren, a share in a trade, the monopoly of which you sordidly preserved to yourselves, at the loss of the enormous sum of 750,000l. Monopolies, some way or other, are ever justly punished. They forbid rivalry, and rivalry is of the very essence of the well-being of trade.

He considered the earl of Chatham yet as the greatest ornament of the two Houses, in which he had shone with such unrivalled lustre; the most efficient servant of the crown, and while he had life in him, the nerve of Great Britain. A plan from such a man, that had been mentioned with approbation by one of our most ancient and respectable colonies, Virginia; that contained the real substantial points, without subtlety or refinement, which this country ought to aim at, was, in his opinion, the most eligible.

Situated as we are between the old world and the new, and between the southern and northern Europe, all that we ought to covet upon earth is free trade, and fair equality. With more industry, with more enterprize, with more capital than any trading nation upon earth, it ought to be our constant cry, let every market be open, let us meet our rivals fairly, and we ask no more.

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Much as he valued America; necessary as the possession of the colonies might be to the power, glory, dignity, and independence of Great Britain; fatal as her final separation would prove, whenever that event might take place; as a friend to liberty, as a reverer of the English constitution, as a lover of natural and political justice—he would be much better pleased to see America for ever severed from Great Britain, than restored to our possession by force of arms, or conquest. He loved his country; he admired its political institutions; but if her future greatness, power, and extent of dominion were only to be established and maintained on the ruins of the constitution, he would be infinitely better pleased to see this country a free one, though curtailed in power and wealth, than possessing every thing the most sanguine expectation could picture to itself, if her greatness was to be purchased at the expence of her constitution and liberties.

This seems to be the æra of protestantism in trade. All Europe appear enlightened, and eager to throw off the vile shackles of oppressive ignorant monopoly; that unmanly and illiberal principle, which is at once ungenerous and deceitful. A few interested Canadian merchants might complain; for merchants would always love monopoly, without taking a moment's time to think whether it was for their interest or not. I avow that monopoly is always unwise; but if there is any nation under heaven, who ought to be the first to reject monopoly, it is the English.

Deprived of America, we must sink into a petty state, when compared to some of the great powers on the continent. Holding America in a state of unconstitutional subjection, we would shortly become slaves, or at least hold the mere shadow of our former liberties, at the will and pleasure of the crown, and its subordinate instruments. Having thus explained his present opinions and future apprehensions, he said, he would sit down with this open declaration, that he never would serve with any man, be his abilities what they might, who would either maintain it was right, or consent to acknowledge the independency of America.

After the dismission of the present worthy chancellor, the seals would go a begging; but he hoped there would not be found in the kingdom a wretch so base and mean spirited, as to accept of them on the conditions on which they must be offered.

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The conduct, temper, and apparent disposition of the present ministers, were so strongly marked with infamy, weakness, and wickedness, that he would cheerfully co-operate with any set of men, to drag them from their present situations, and render them the objects of example, by punishing them in a manner suited to their crimes and notorious demerits.

I endeavoured to distinguish the real ties by which America might be supposed to hold to this country, in order to obviate objections arising from a thousand false lights thrown out on the subject; acknowledging the power of parliament to be supreme, but referring the expediency of the act to be considered in a commercial view, regard being to be had to the abilities of the Americans to pay this tax, and likewise to the consequences likely to proceed, in any event, from the late violences. The prejudice against the Americans on the whole seemed very great.