Some of them were probably weak enough to dislike him for being a Scot; some were probably mean enough to be jealous of his parts and knowledge; and even persons who were not unfavourably disposed to him might have discovered, before they had known him long, that, with all his cleverness, he was deficient in common sense; that his mind was full of schemes which, at the first glance, had a specious aspect, but which, on closer examination, appeared to be impracticable or pernicious; and that the benefit which the public had derived from one happy project formed by him would be very dearly purchased if it were taken for granted that all his other projects must be equally happy. Disgusted by what he considered as the ingratitude of the English, he repaired to the Continent, in the hope that he might be able to interest the traders of the Hanse Towns and the princes of the German Empire in his plans. From the Continent he returned unsuccessful to London; and then at length the thought that he might be more justly appreciated by his countrymen than by strangers seems to have risen in his mind. Just at this time he fell in with Fletcher of Saltoun, who happened to be in England. These eccentric men soon became intimate. Each of them had his monomania; and the two monomaniac suited each other perfectly.
Fletcher's whole soul was possessed by a sore, jealous, punctilious patriotism. His heart was ulcerated by the thought of the poverty, the feebleness, the political insignificance of Scotland, and of the indignities which she had suffered at the hand of her powerful and opulent neighbour. When he talked of her wrongs his dark meagre face took its sternest expression; his habitual frown grew blacker, and his eyes flashed more than their wonted fire. Paterson, on the other hand, firmly believed himself to have discovered the means of making any state which would follow his counsel great and prosperous in a time which, when compared with the life of an individual, could hardly be called long, and which, in the life of a nation, was but as a moment.
There is not the least reason to believe that he was dishonest.
Indeed he would have found more difficulty in deceiving others had he not begun by deceiving himself. His faith to his own schemes was strong even to martyrdom; and the eloquence with which he illustrated and defended them had all the charm of sincerity and of enthusiasm. Very seldom has any blunder committed by fools, or any villany devised by impostors, brought on any society miseries so great as the dreams of these two friends, both of them men of integrity and both of them men of parts, were destined to bring on Scotland.
In 1695 the pair went down together to their native country. The Parliament of that country was then about to meet under the presidency of Tweeddale, an old acquaintance and country neighbour of Fletcher. On Tweeddale the first attack was made. He was a shrewd, cautious, old politician. Yet it should seem that he was not able to hold out against the skill and energy of the assailants. Perhaps, however, he was not altogether a dupe. The public mind was at that moment violently agitated. Men of all parties were clamouring for an inquiry into the slaughter of Glencoe. There was reason to fear that the session which was about to commence would be stormy. In such circumstances the Lord High Commissioner might think that it would be prudent to appease the anger of the Estates by offering an almost irresistible bait to their cupidity. If such was the policy of Tweeddale, it was, for the moment, eminently successful. The Parliament, which met burning with indignation, was soothed into good humour. The blood of the murdered Macdonalds continued to cry for vengeance in vain. The schemes of Paterson, brought forward under the patronage of the ministers of the Crown, were sanctioned by the unanimous voice of the Legislature.
The great projector was the idol of the whole nation. Men spoke to him with more profound respect than to the Lord High Commissioner. His antechamber was crowded with solicitors desirous to catch some drops of that golden shower of which he was supposed to be the dispenser. To be seen walking with him in the High Street, to be honoured by him with a private interview of a quarter of an hour, were enviable distinctions. He, after the fashion of all the false prophets who have deluded themselves and others, drew new faith in his own lie from the credulity of his disciples. His countenance, his voice, his gestures, indicated boundless self-importance. When he appeared in public he looked,--such is the language of one who probably had often seen him,--like Atlas conscious that a world was on his shoulders. But the airs which he gave himself only heightened the respect and admiration which he inspired. His demeanour was regarded as a model. Scotch men who wished to be thought wise looked as like Paterson as they could.
His plan, though as yet disclosed to the public only by glimpses, was applauded by all classes, factions and sects, lords, merchants, advocates, divines, Whigs and Jacobites, Cameronians and Episcopalians. In truth, of all the ten thousand bubbles of which history has preserved the memory, none was ever more skilfully puffed into existence; none ever soared higher, or glittered more brilliantly; and none ever burst with a more lamentable explosion. There was, however, a certain mixture of truth in the magnificent day dream which produced such fatal effects.