The popular victory checked the excesses of the reaction. As Holcroft wrote: "The whole power of Government was directed against Thomas Hardy: in his fate seemed involved the fate of the nation, and the verdict of Not Guilty appeared to burst its bonds, and to have released it from inconceivable miseries and ages of impending slavery." The reaction, indeed, was restrained; but so also was the movement of reform. The subsequent history of its leaders is one of unheroic failure, and of an unpopularity which was harder to endure than danger. Windham referred to the twelve in debate as "acquitted felons," and Holcroft was constrained first to produce his plays under a borrowed name, and then to seek a refuge in voluntary exile on the continent. The passions roused by the Terror arrested the progress of the revolutionary movement in England. The alarms and glories of the struggle with Napoleon buried it in oblivion.
It is this complex experience which lies behind Godwin's political writings. The French Revolution produced its simple effects in Burke and Tom Paine--revolt and disgust in the one, enthusiasm and hope in the other. In Godwin the reaction is more complicated. He retained to the last his ardent faith in progress, and the perfectibility of mankind. No events could shake that, but it was the work of experience to reinforce all the native individualism of his confident and self-reliant temper, to harden into an extreme dogma that general belief in _laissez faire_ which was the common property of most of the English progressives of his day, and to beget in him not merely a doubt in the efficacy of violent revolutions, but a dislike of all concerted political effort and the whole collective work of political associations. He had felt the lash of repression, saved one friend from the hangman, and seen others depart for Botany Bay: he remained to the end, the uncompromising foe of every species of governmental coercion. He had listened to Horne Tooke perorating "hanging matters" at the Corresponding Society; he had seen the "electric ruby" circulating at its dinners; he had witnessed the collapse of Thomas Hardy's painstaking and methodical organisation. The fruit of all these experiences was the first statement in European literature of philosophic anarchism--a statement which hardly yields to Tolstoy's in its trenchant and unflinching logic.