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 certain intelligence that the treaty had been signed before dawn on the morning of the eleventh. They kept their own secret, and hastened to make a profitable use of it; but their eagerness to obtain Bank stock, and the high prices which they offered, excited suspicion; and there was a general belief that on the next day something important would be announced. On the next day Prior, with the treaty, presented himself before the Lords Justices at Whitehall. Instantly a flag was hoisted on the Abbey, another on Saint Martin's Church. The Tower guns proclaimed the glad tidings. All the spires and towers from Greenwich to Chelsea made answer. It was not one of the days on which the newspapers ordinarily appeared; but extraordinary numbers, with headings in large capitals, were, for the first time, cried about the streets. The price of Bank stock rose fast from eighty-four to ninety-seven. In a few hours triumphal arches began to rise in some places. Huge bonfires were blazing in others. The Dutch ambassador informed the States General that he should try to show his joy by a bonfire worthy of the commonwealth which he represented; and he kept his word; for no such pyre had ever been seen in London. A hundred and forty barrels of pitch roared and blazed before his house in Saint James's Square, and sent up a flame which made Pall Mall and Piccadilly as bright as at noonday.[819]

Among the Jacobites the dismay was great. Some of those who had betted deep on the constancy of Lewis took flight. One unfortunate zealot of divine right drowned himself. But soon the party again took heart. The treaty had been signed; but it surely would never be ratified. In a short time the ratification came; the peace was solemnly proclaimed by the heralds; and the most obstinate nonjurors began to despair. Some divines, who had during eight years continued true to James, now swore allegiance to William. They were probably men who held, with Sherlock, that a settled government, though illegitimate