This suspicion, my lords, this hateful, this reproachful character, is now fixed upon the court of Britain; nor does it take its rise only from the forbearance of our admiral, but has received new confirmation from the behaviour of our ambassador, who denied the treaty of neutrality, when the French minister declared it to the Dutch.  Such now, my lords, is the reputation of the British court, a reputation produced by the most flagrant and notorious instances of cowardice and falsehood, which cannot but make all our endeavours ineffectual, and discourage all those powers whose conjunction we might have promoted, from entering into any other engagements than such as we may purchase for stated subsidies.  For who, upon any other motive than immediate interest, would form an alliance with a power which, upon the first appearance of danger, gives up a confederate, to purchase, not a large extent of territory, not a new field of commerce, not a port or a citadel, but an abject neutrality!

But however mean may be a supplication for peace, or however infamous the desertion of an ally, I wish, my lords, that the liberty of invading the queen of Hungary’s dominions without opposition, had been the most culpable concession of our illustrious ministers, of whom it is reasonable to believe, that they have stipulated with the Spaniards, that they shall be repaid the expense of the war by the plunder of our merchants.

That our commerce has been unnecessarily exposed to the ravages of privateers, from which a very small degree of caution might have preserved it; that three hundred trading ships have been taken, and that three thousand British sailors are now in captivity, is a consideration too melancholy to be long dwelt upon, and a truth too certain to be suppressed or denied.

How such havock could have been made, had not our ships of war concluded a treaty of neutrality with the Spaniards, and left the war to be carried on only by the merchants, it is not easy to conceive; for surely it will not be pretended, that all these losses were the necessary consequence of our situation with regard to Spain, which, if it exposed the Portugal traders to hazard, did not hinder us from guarding our own coasts.

And yet on our own coasts, my lords, have multitudes of our ships been taken by the Spaniards; they have been seized by petty vessels as they were entering our ports, and congratulating themselves upon their escape from danger.

In the late war with France, an enemy much more formidable both for power and situation, methods were discovered by which our trade was more efficaciously protected:  by stationing a squadron at the mouth of the Channel, of which two or three ships at a time cruized at a proper distance on the neighbouring seas, the privateers were kept in awe, and confined to their own harbours, or seized if they ventured to leave them.

But of such useful regulations in the present war there is little hope; for if the publick papers are of any credit, the king of Spain considers the captures of our merchants as a standing revenue, and has laid an indulto upon them as upon other parts of the Spanish trade.