[The History of England in Three Volumes, Vol.II. by Tobias Smollett]@TWC D-Link book
The History of England in Three Volumes, Vol.II.

CHAPTER V
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In all probability he had been imposed upon by the ministry of that kingdom; for in a little time he discarded the marquis of Tweedale, and dismissed both the Scottish secretaries of state, in lieu of whom he appointed lord Murray, son to the marquis of Athol.

Notwithstanding the king's answer, the committee proceeded on the inquiry, and, in consequence of their report confirming a petition from the East India company, the house resolved that the directors of the Scottish company were guilty of a high crime and misdemeanor in administering and taking an oath _de fideli_ in this kingdom, and that they should be impeached for the same.
Meanwhile, Roderick Mackenzie, from whom they had received their chief information, began to retract his evidence, and was ordered into custody; but he made his escape and could not be retaken, although the king at their request issued a proclamation for that purpose.

The Scots were extremely incensed against the king when they understood he had disowned their company, from which they had promised themselves such wealth and advantage.

The settlement of Darien was already planned and afterwards put in execution, though it miscarried in the sequel, and had like to have produced abundance of mischief.
INTRIGUES OF THE JACOBITES.
The complaints of the English merchants who had suffered by the war were so loud at this juncture, that the commons resolved to take their case into consideration.

The house resolved itself into a committee to consider the state of the nation with regard to commerce, and having duly weighed all circumstances, agreed to the following resolutions: that a council of trade should be established by act of parliament, with powers to take measures for the more effectual preservation of commerce; that the commissioners should be nominated by parliament, but none of them have seats in the house; that they should take an oath acknowledging the title of king William as rightful and lawful; and abjuring the pretensions of James, or any other person.


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