Memoirs of Extraordinary Popular Delusions — Volume 1 by Charles Mackay
page 104 of 314 (33%)
page 104 of 314 (33%)
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and animated debate, a series of resolutions were agreed to,
condemnatory of the conduct of the directors, of the members of the Parliament and of the administration concerned with them; and declaring that they ought, each and all, to make satisfaction out of their own estates for the injury they had done the public. Their practices were declared to be corrupt, infamous, and dangerous; and a bill was ordered to be brought in for the relief of the unhappy sufferers. Mr. Charles Stanhope was the first person brought to account for his share in these transactions. He urged in his defence that, for some years past, he had lodged all the money he was possessed of in Mr. Knight's hands, and whatever stock Mr. Knight had taken in for him, he had paid a valuable consideration for it. As to the stock that had been bought for him by Turner, Caswall, and Co. he knew nothing about it. Whatever had been done in that matter was done without his authority, and he could not be responsible for it. Turner and Co. took the latter charge upon themselves, but it was notorious to every unbiassed and unprejudiced person that Mr. Stanhope was a gainer of the 250,000 pounds which lay in the hands of that firm to his credit. He was, however, acquitted by a majority of three only. The greatest exertions were made to screen him. Lord Stanhope, the son of the Earl of Chesterfield, went round to the wavering members, using all the eloquence he was possessed of to induce them either to vote for the acquittal or to absent themselves from the house. Many weak-headed country-gentlemen were led astray by his persuasions, and the result was as already stated. The acquittal caused the greatest discontent throughout the country. Mobs of a menacing character assembled in different parts of London; fears of riots were generally entertained, especially as the examination of a still greater delinquent was |
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