[The History of England in Three Volumes, Vol.II. by Tobias Smollett]@TWC D-Link bookThe History of England in Three Volumes, Vol.II. CHAPTER VI 36/175
They represented that such instances of interposition had put a stop to the subscriptions in England and Hamburgh, hurt the credit of the company, discouraged the adventurers, and threatened the entire ruin of a design in which all the most considerable families of the nation were deeply engaged.
The parliament having taken their case into consideration, sent an address to his majesty representing the hardships to which the company had been exposed, explaining how far the nation in general was concerned in the design, and entreating that he would take such measures as might effectually vindicate the undoubted rights and privileges of the company.
This address was seconded by a petition from the company itself, praying that his majesty would give some intimation to the senate of Hamburgh, permitting the inhabitants of that city to renew the subscriptions they had withdrawn; that, as a gracious mark of his royal favour to the company, he would bestow upon them two small frigates then lying useless in the harbour of Burnt Island; and that, in consideration of the obstructions they had encountered, he would continue their privileges and immunities for such longer time as should seem reasonable to his majesty.
Though the commissioner was wholly devoted to the king, who had actually resolved to ruin this company, he could not appease the resentment of the nation; and the heats of parliament became so violent that he was obliged to adjourn it to the fifth day of November.
In this interval the directors of the company, understanding from their agent at Hamburgh that the address of the parliament and their own petition had produced no effect in their favour, wrote a letter of complaint to the lord Seafield, secretary of state, observing that they had received repeated assurances of the king's having given orders to his resident at Hamburgh touching their memorial, and entreating the interposition of his lordship that justice might be done to the company.
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