We retain nothing, although we have conquered everything...France is chiefly, if not solely, to be dreaded by us in the light of a maritime and commercial power; and therefore by restoring to her all the valuable West India islands, and by our concessions in the Newfoundland fishery, we have given her the means of recovering her prodigious losses and of becoming once more formidable to us at sea...all the Spanish treasures and riches in America, lay at our mercy.

As Germany was formerly managed it was a millstone about our necks; as managed now, it is a millstone about the neck of France. When I came in, I found the subsidy to Prussia dictated by Hanover, not by Great Britain. I insisted that national defence and America must stand first, nor would I agree to the German war until every other service had been provided for. I acceded to the plan of a Ministry that wanted vigour and borrowed their majority to carry on their own plan. But I carried it on in my own way, and, though that may have been the wrong way, I offer myself confitentem reum, if I have not thereby annihilated French power in the East and West Indies.

America has been conquered in Germany, where Prince Ferdinand's victories have shattered the whole military power of that great military monarchy, France. Recall the troops from Germany, and I should be robbed of my honour, while England, by deserting her allies, would be deserted by God and man. And, honour apart, nothing but that spectre of an invasion which the Ministry of 1755 had not constancy enough to look at, frightened us out of Minorca. So would it be again, if the troops of France found themselves at liberty to quit Germany.

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A difference of opinion with regard to measures to be taken against Spain, of the highest importance to the honour of the crown, and to the most essential national interests, and this founded on what Spain had already done, not on what that court may further intend to do, was the cause of my resigning the seals.

Without having ever asked any one single employment in my life, I was called by my Sovereign and by the Voice of the People to assist the State when others had abdicated the service of it. That being so no one can be surprised that I will go on no longer since my advice is not taken. Being responsible I will direct, and will be responsible for nothing that I do not direct.

Spain's conduct in putting forward her grievances under the shield of England's enemy, with whom we are at war, is the highest indignity that ever was offered to the Crown of England, and it will fix an eternal stain upon that crown if no answer is returned to Spain's avowal of her action. As to the other consideration, the safety of the public—are we not already suffering from the worst species of war, when Spain supports France with her full weight, covers her trade, lends her moneys and abets her in negotiation? You are now at war with the House of Bourbon; but, for open war with Spain, you are prepared and she is not.

No doubt with me that Spain is France [more] than that the Isle of France is, a union in the House of Bourbon; loss of time loss of opportunity. Whatever is dangerous will be more so 6 months hence; no safety but acting with vigour. Procrastination will increase the danger. The fact is proved, the treatment we have had shews what we are to expect. The question is that France and Spain are joined: what is to be done? ... I am still of opinion that an immediate action gives us the best chance to extricate ourselves. Acquiesced in their partiality till such time as we had broke the force of France, wishing then that Spain would give us an opportunity to punish them. Best chance to order Lord Bristol away and your fleets to take every Spanish flag. If the means to do this are doubtful will it not be more so next spring. I am for it now.

This unjust and unexampled proceeding of the Court of Spain, by inforcing her demands on England through the channel and by the compulsion of a hostile power, denouncing eventually future war in conjunction, while Spain was still professing amity and friendship with Great Britain; and the full declaration and avowal at last made by the Spanish Ministry of a total union of councils and interests between the two monarchies of the House of Bourbon, are matters of so high and urgent a nature as call indispensably on His Majesty to take forthwith such necessary and timely measures as God has put into his hands, for the defence of the honour of his Crown, and of the just and essential interests of His Majesty's people.

[Pitt] said that he saw so many Lords great in themselves and in their influence in the House of Commons, differing so much in opinion from him, and inclined to make concessions for the sake of peace than he could come into; that it was impossible for him to remain; that for the sake of unanimity he had gone as far as his conscience and even his sleep would permit him.

[Pitt said] he saw combinations of great Lords against him but for his part he would go his own way; that he was a British subject and he knew he stood upon British ground; that he had learnt his maxims and principles under the great Lord Cobham and the disciples of the greatest lawyers, generals and patriots of King William's days: named Lord Somers and the Duke of Marlborough.

[Pitt] said he could not allow what I said; that either we were in a situation to receive the law or to give it; that he thought the latter was our case; that therefore it was our business to propose the terms and tell France on what conditions they were to have peace; that it was so at the Peace of Utrecht and it would be absurd to act otherways.