This was a measure which inflicted enormous loss and damage.  At first, the people raised the prices of goods in proportion to the decrease in the value of the money, but James stopped this, by issuing a proclamation fixing the prices at which all articles were to be sold; and having done this, proceeded to buy up great quantities of hides, butter, corn, wood, and other goods, paying for them all with a few pounds of copper and tin, and then shipping them to France, where they were sold on his own account.  It need hardly be said that conduct of this kind speedily excited great dissatisfaction, even among those who were most loyal in his cause.

Captain Davenant was shocked at the state of things he found prevailing in Dublin.

“I regret bitterly,” he said, when alone with his wife and mother, “that I have taken up the sword.  Success appears to me to be hopeless.  The folly of the Stuarts is incredible.  They would ruin the best cause in the world.  With a spark of wisdom and firmness, James might have united all Ireland in his cause, instead of which he has absolutely forced the Protestants into hostility.  His folly is only equalled by his rapacity, and both are stupendous.”

This was said, one evening, when he had just returned from a visit to Dublin, depressed and disheartened by all he heard there.

“I am astonished, Fergus,” his mother said sharply, “to hear you speak in that way.  Who would have thought that it was a Davenant who was speaking!  Doubtless there have been mistakes, as was only natural, but everything will come right, in time.  I have been longing for you to come home, looking forward with such joy to welcome you as the possessor of the broad lands of the Davenants.  Thank God I have lived to see the restoration of my dear husband’s lands, and the discomfiture of those Cromwellian knaves, who have so long possessed them.  It was a grand day when the act was passed, repealing all Cromwell’s grants handing over the best part of Ireland to his soldiers; and I saw in the Gazette, among the two thousand grants specially mentioned as cancelled, was that of the Davenant estate to Zephaniah Whitefoot.  I am told that the old man and his son have taken no notice of the act, but go about their work as if they were still the owners of the land; but of course, now that you are back, there will soon be an end of this.”

Captain Davenant was silent.

“I shall be in no hurry, mother,” he said, after a pause.  “It is true that an act of the Irish parliament has cancelled the iniquitous work of Cromwell, and restored the land to its rightful possessors.  I do not say that this is not just, but I am quite sure that it is not politic.  These men have been planted on the soil for two generations.  They have built houses and tilled the fields, and made homes for themselves.  It was essentially a case for arrangement, and not for setting right the first act of confiscation by another as sweeping.  It has rendered the Protestants desperate.  It has enlisted the sympathy of the Protestants of England in their behalf, and has done much to popularize the war there.  It would have been vastly wiser, had a commission been ordered to examine into the circumstances of each case.