CHAPTER IX. 128

Law’s designs against England’s political and industrial position.--Earl of Stair’s correspondence with Mr. Secretary Craggs.--Stair accused by Law of threatening the safety of the Bank.--Stair’s recall intimated.-- Lord Stanhope sent to conciliate Law.--Threatened rupture between England and France over question of evacuation of Gibraltar.--Stair endeavours to justify his hostile attitude towards Law.--His apprehensions as to Law’s purpose in acquiring South Sea stock.--The humiliating nature of Stair’s dismissal.