THREE:The fall of Robespierre produced a marked change in the policy of the Convention towards the Royalists of this district, and they were promised, on laying down their arms, that they[445] should enjoy their country and their religion in peace. On this assurance, Charette signed a treaty of pacification with the agents of the Government at Nantes, in February, 1795. But scarcely was the peace signed, when Charette received a letter from Monsieurbrother of the late king, and now appointed by the Royalist party Regent to the Dauphin, now styled by them Louis XVII.assuring him of his confidence, declaring him the second founder of the monarchy, and appointing him his Lieutenant-General. Charette wrote back to inform him that he had been compelled to sign a peace, but that his submission was only apparent, and when the Royalist affairs were somewhat reinstated, he should be ready to take up arms and die in the service of his prince. The young General Hoche, who was sent to reduce the insurgents of Brittany, whilst Canclaux reduced those of La Vende, did not for a moment believe in the sincerity of the peace. He was aware that Puisaye, the chief of the insurgents in Brittany, was gone to England, to endeavour to induce Pitt to do what all the efforts and importunities of the Bourbon princes and Emigrant nobles had failed to doto send an expedition to the coast of Brittany, with another to the coast of La Vende, in which the British fleet should support the bodies of Emigrants who had, in England and the Channel Islands, formed themselves into regiments for the purpose. Aware of this, he still did all he could to reconcile the peasantry to the peace, and very soon they would have been pacified by this judicious treatment, and been averse from rising again, with a prospect of re-experiencing their former sufferings; but the Bourbon princes and the tribes of Emigrants now driven from the Rhine did not allow them that chance.
FORE:Walpole, however, continued to oppose the South Sea Bill in the Commons, declaring that the terms were too extravagant ever to be fulfilled; that the experiment could result in nothing but a fearful increase of the costs of stockjobbing, and final confusion and ruin. He insisted that, before the proposals of the Company were accepted,[47] the rise of their stock should be limited, and every means taken to prevent the fever of infatuation that would ensue from the promise of dividends out of funds which could never be realised. He proposed for this purpose the introduction of a clause fixing the number of years' purchase to be granted to the annuitants of the South Sea Company; but to this it was objected that it was the interest of the Company to take up the annuities; and, as the annuitants had the power of coming in or not, as they pleased, the Company would, of course, offer advantageous terms, and, therefore, the whole affair might be safely left to private adjustment. Aislabie added that the South Sea Company would not submit to be controlled in an undertaking they were to pay so dear for. The Bill passed both Houses.
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