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Memoirs of Extraordinary Popular Delusions — Volume 1 by Charles Mackay
page 96 of 314 (30%)
in the House or out of it. Loud cries of order immediately arose on
every side. In the midst of the uproar Lord Molesworth got up, and
expressed his wonder at the boldness of Mr. Craggs in challenging the
whole House of Commons. He, Lord Molesworth, though somewhat old, past
sixty, would answer Mr. Craggs whatever he had to say in the House,
and he trusted there were plenty of young men beside him, who would
not be afraid to look Mr. Craggs in the face, out of the House. The
cries of order again resounded from every side; the members arose
simultaneously; everybody seemed to be vociferating at once. The
Speaker in vain called order. The confusion lasted several minutes,
during which Lord Molesworth and Mr. Craggs were almost the only
members who kept their seats. At last the call for Mr. Craggs became
so violent that he thought proper to submit to the universal feeling
of the House, and explain his unparliamentary expression. He said,
that by giving satisfaction to the impugners of his conduct in that
House, he did not mean that he would fight, but that he would explain
his conduct. Here the matter ended, and the House proceeded to debate
in what manner they should conduct their inquiry into the affairs of
the South Sea Company, whether in a grand or a select committee.
Ultimately, a Secret Committee of thirteen was appointed, with power
to send for persons, papers, and records.

The Lords were as zealous and as hasty as the Commons. The Bishop
of Rochester said the scheme had been like a pestilence. The Duke of
Wharton said the House ought to show no respect of persons; that, for
his part, he would give up the dearest friend he had, if he had been
engaged in the project. The nation had been plundered in a most
shameful and flagrant manner, and he would go as far as anybody in the
punishment of the offenders. Lord Stanhope said, that every farthing
possessed by the criminals, whether directors or not directors, ought
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