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Updated: June 14, 2025
Instances of such panick terrours are to be met with in other relations; but as they are, for the most part, quickly dissipated by reason and reflection, a wise commander will rarely found his hopes of success on them; and, perhaps, on this occasion, the Spaniards scarcely deserve a severer censure for their cowardice, than Drake for his temerity.
Every town which owes its trade and its provisions to navigation, apprehends the approach of poverty and scarcity, and those which are less immediately affected, consider the infraction of our liberties as a prelude to their destruction. Happy would it be, if we, who are intrusted with their interest, could find any arguments to convince them that their terrour was merely panick.
Jack Wilkes headed the party that drove them away. It is agreed, that if they had seized the Bank on Tuesday, at the height of the panick, when no resistance had been prepared, they might have carried irrecoverably away whatever they had found. Jack, who was always zealous for order and decency, declares that if he be trusted with power, he will not leave a rioter alive.
I however, touched her off, when they instantly fell on their faces in the greatest panick. When their fears had subsided, they set up howling and yelling with ecstacy! They said, if they should have a battle, I must carry that gun with me, which would alone vanquish their enemies! We were visited by eight or ten canoes, from a distant Island, called Alloo.
In this state of the world, my lords, when all the powers of the continent appear benumbed by a lethargy, or shackled by a panick, to what purpose should we lavish, in hiring and transporting troops, that wealth which contests of nearer importance immediately require?
It must be, indeed, confessed, that if an estimate is to be made of our condition, from the conduct of our ministers, the fear of exhausting our treasure must be merely panick, and the precepts of frugality which other states have grown great by observing, are to be absolutely unnecessary.
To remove, therefore, this panick, and to dissipate, for ever, the phantoms of invasion, I will lay before the house the opinion of the great commander whose name has already been introduced in this debate.
If infatuation be, as the proverb tells us, the forerunner of destruction, how near must be the ruin of a nation that can be incited against its governours by sophistry like this! I may be excused, if I catch the panick, and join my groans, at this alarming crisis, with the general lamentation of weeping patriots.
Our numbers consisted of about thirteen hundred well armed men, chiefly Regulars, who were immediately struck with such an inconceivable panick, that nothing but confusion and disobedience of orders prevailed among them. The officers, in general, behaved with incomparable bravery, for which they greatly suffered, there being near 60 killed and wounded a large proportion, out of the number we had!
All this quoth PRUDENCE, I have repeatedly urged, but a sly imposter named EXPEDIENCE has usurped my name, and struck such a panick of property, as hath steeled the hearts of the wealthy, and palsied their intellects.
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