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Updated: May 23, 2025


The Earl declared that he was not retiring from the country because he was offended, although he had many causes for offence: and he then alluded to the, Navigation Act, to the establishment council, and spoke of the finance of Burgrave and Reingault, for his employment of which individuals so much obloquy had been heaped upon his, head.

The whole control of the finances had, in the beginning of the year, been placed in the Earl's hands, and it was only by her violently depriving him of his credit and of the confidence of the country that he had not retained it. He now established a finance-chamber, under the chief control of Reingault, who promised him mountains of money, and who was to be chief treasurer.

The chiefs of the faction which had now succeeded in gaining the confidence of Leicester were Reingault, Burgrave, and Deventer, all refugees. The laws of Holland and of the other United States were very strict on the subject of citizenship, and no one but a native was competent to hold office in each Province.

Had he been able to do this, he had certainly claim to be considered the greatest of financiers; but the promised "mountains of gold" were never discovered, and Reingault was now awaiting his trial.

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