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Chap. xii]
HIS ENERGETIC PROMPTITUDE
447

Statistical Account of England; but unhappily the then Archbishop of Canterbury refused to sanction it, lest it should interfere with the tithes of the clergy, and the idea was abandoned.

A remarkable illustration of his energetic promptitude was the manner in which he once provided, on a great emergency, for the relief of the manufacturing districts. In 1793 the stagnation produced by the war led to an unusual number of bankruptcies, and many of the first houses in Manchester and Glasgow were tottering, not so much from want of property, but because the usual sources of trade and credit were for the time closed up. A period of intense distress amongst the labouring classes seemed imminent, when Sir John urged, in Parliament, that Exchequer notes to the amount of five millions should be issued immediately as a loan to such merchants as could give security. This suggestion was adopted, and his offer to carry out his plan, in conjunction with certain members named by him, was also accepted. The vote was passed late at night, and early next morning Sir John, anticipating the delays of officialism and red tape, proceeded to bankers in the city, and borrowed of them, on his own personal security, the sum of 70,000l., which he despatched the same evening to those merchants who were in the most urgent need of assistance. Pitt meeting Sir John in the House, expressed his great regret that the pressing wants of Manchester and Glasgow could not be supplied so soon as was desirable, adding, "The money cannot be raised for some days." "It is already gone! it left London by to-night's mail!" was Sir John's triumphant reply; and in afterwards relating the anecdote he