Britannic Majesty is not himself very forward; but Carteret, I rather judge, had taken up the notion; and on his Majesty's and Carteret's part, there is actually the wish and attempt to pacificate the Reich; to do something tolerable for the poor Kaiser, as well as satisfactory to the Hungarian Majesty,--satisfactory, or capable of being (by the Purse-holder) insisted on as such.
"And so the Landgraf of Hessen, excellent Wilhelm, King George's friend and gossip, is come over to that little Town of Hanau, which is his own, in the Schloss of which King George is lodged: and there, between Carteret and our Landgraf,--the King of Prussia's Ambassador (Herr Klinggraf), and one or two selectly zealous Official persons, assisting or watching,--we have 'Conferences of Hanau' going on; in a zealous fashion; all parties eager for Peace to Kaiser and Reich, and in good hope of bringing it about.

The wish, ardent to a degree, had been the Kaiser's first of all.

The scheme, I guess, was chiefly of Carteret's devising; who, in his magnificent mind, regardless of expense, thinks it may be possible, and discerns well what a stroke it will be for the Cause of Liberty, and how glorious for a Britannic Majesty's Adviser in such circumstances.

July 7th, the Conferences began; and, so frank and loyal were the parties, in a week's time matters were advanced almost to completion, the fundamental outlines of a bargain settled, and almost ready for signing.
"'Give me my Bavaria again!' the Kaiser had always said: 'I am Head of the Reich, and have nothing to live upon!' On one preliminary, Carteret had always been inexorable: 'Have done with your French auxiliaries; send every soul of them home; the German soil once cleared of them, much will be possible; till then nothing.' KAISER: 'Well, give me back my Bavaria; my Bavaria, and something suitable to live upon, as Head of the Reich: some decent Annual Pension, till Bavaria come into paying condition,--cannot you, who are so wealthy?
And Bavaria might be made a Kingdom, if you wished to do the handsome thing.

I will renounce my Austrian Pretensions, quit utterly my French Alliances; consent to have her Hungarian Majesty's august Consort made King of the Romans [which means Kaiser after me], and in fact be very safe to the House of Austria and the Cause of Liberty.' To all this the thrice-unfortunate gentleman, titular Emperor of the World, and unable now to pay his milk-scores, is eager to consent.