The hopes of the Jacobites visibly rose; the public funds immediately fell; a great run was made upon the bank, the directors of which were overwhelmed with consternation, which was not a little increased by the reports of an armament equipped in the ports of France.

They sent one of their members to represent to the treasurer the danger that threatened the public credit.

The queen being made acquainted with these occurrences, signed a letter to sir Samuel Stancer, lord-mayor of London, declaring, that now she was recovered of her late indisposition, she would return to the place of her usual residence, and open the parliament on the sixteenth day of February.
This intimation she sent to her loving subjects of the city of London, to the intent that all of them, in their several stations, might discountenance those malicious rumours, spread by evil-minded persons, to the prejudice of credit, and the eminent hazard of the public peace and tranquillity.

The queen's recovery, together with certain intelligence that the armament was a phantom, and the pretender still in Lorraine, helped to assuage the ferment of the nation, which had been industriously raised by party-writings.

Mr.Richard Steele published a performance, intituled, "The Crisis," in defence of the revolution and the protestant establishment, and enlarging upon the danger of a popish successor.