If Burke had been the Irish adventurer that his enemies described, he might well have seized with impatience the opening to office that the recent exhibition of his powers in the House of Commons had now made accessible to him. There was not a man in Great Britain to whom the emoluments of office would have been more useful. It is one of the standing mysteries in literary biography how Burke could think of entering Parliament without any means that anybody can now trace of earning a fitting livelihood. Yet at this time Burke, whom we saw not long ago writing for the booksellers, had become affluent enough to pay a yearly allowance to Barry, the painter, in order to enable him to study the pictures in the great European galleries, and to make a prolonged residence at Rome. A little later he took a step which makes the riddle still more difficult, and which has given abundant employment to wits who are maximi in minimis, and think that every question which they can ask, yet to which history has thought it worth while to leave no answer, is somehow a triumph of their own learning and dialectic.
In 1769 Burke purchased a house and lands known as Gregories, in the parishes of Penn and Beaconsfield, in the county of Bucks. It has often been asked, and naturally enough, how a man who, hardly more than a few months before, was still contented to earn an extra hundred pounds a year by writing for Dodsley, should now have launched out as the buyer of a fine house and estate, which cost upwards of twenty-two thousand pounds, which could not be kept up on less than two thousand five hundred a year, and of which the returns did not amount to one-fifth of that sum. Whence did he procure the money, and what is perhaps more difficult to answer, how came he first to entertain the idea of a design so ill-proportioned to anything that we can now discern in his means and prospects? The common answer from Burke’s enemies, and even from some neutral inquirers, gives to every lover of this great man’s high character an unpleasant shock. It is alleged that he had plunged into furious gambling in East India stock. The charge was current at the time, and it was speedily revived when Burke’s abandonment of his party, after the French Revolution, exposed him to a thousand attacks of reckless and uncontrolled virulence. It has been stirred by one or two pertinacious critics nearer our own time, and none of the biographers have dealt with the perplexities of the matter as they ought to have done. Nobody, indeed, has ever pretended to find one jot or tittle of direct evidence that Burke himself took a part in the gambling in India or other stocks. There is evidence that he was a holder of the stock, and no more. But what is undeniable is that Richard Burke, his brother, William Burke, his intimate if not his kinsman, and Lord Verney, his political patron, were all three at this time engaged together in immense transactions in East India stock; that in 1769 the stock fell violently; that