announced my arrival as accredited Minister to them, wrote me letters
recognising me in that character. General Walmoden had just signed the
capitulation of Sublingen with Marshal Mortier, who had the command in
Hanover. The English Government refused to ratify this, because it
stipulated that the troops should be prisoners of war. Bonaparte had two
motives for relaxing this hard condition. He wished to keep Hanover as a
compensation for Malta, and to assure the means of embarrassing and
attacking Prussia, which he now began to distrust. By advancing upon
Prussia he would secure his left, so that when convenient he might march
northward. Mortier, therefore, received orders to reduce the conditions
of the capitulation to the surrender of the arms, baggage, artillery, and
horses. England, which was making great efforts to resist the invasion
with which she thought herself threatened, expended considerable sums for
the transport of the troops from Hanover to England. Her precipitation
was indescribable, and she paid the most exorbitant charges for the hire
of ships. Several houses in Hamburg made fortunes on this occasion.
Experience has long since proved that it is not at their source that
secret transactions are most readily known. The intelligence of an event
frequently resounds at a distance, while the event itself is almost
entirely unknown in the place of its occurrence. The direct influence of
political events on commercial speculations renders merchants exceedingly
attentive to what is going on. All who are engaged in commercial
pursuits form a corporation united by the strongest of all bonds, common
interest; and commercial correspondence frequently presents a fertile
field for observation, and affords much valuable information, which often
escapes the inquiries of Government agents.

I resolved to form a connection with some of the mercantile houses which
maintained extensive and frequent communications with the Northern
States. I knew that by obtaining their confidence I might gain a