Essay 4, Footnote #08
Punished for peace-making
The fate of Queen Anne's last ministry may be referred in some degree to this cause: and owing to the particular circumstances of their conduct they perhaps deserved it---See the Report of the Secret Committee of the House of Commons in the year 1716. The great crime of the Earl of Bute was making peace. The Earl of Shelburne was obliged to resign for having made peace. The great crime of Sir R. Walpole was keeping the peace. The nation was become tired of peace. Walpole was reproached with proposing half a million in the year for secret-service money. His errors were rectified---war was made---and in one year there was laid out in war four times what he had spent in the ten years before.