And what has occurred? It is only a few weeks since that in the House of Commons I heard the naval statement made by a new First Lord [Mr. Goschen], and it consisted only of the rescinding of all the revolutionary changes of his predecessor, the mischief of every one of which during the last two years has been pressed upon the attention of Parliament and the country by that constitutional and necessary body, the Opposition. Gentlemen, it will not do for me—considering the time I have already occupied, and there are still some subjects of importance that must be touched—to dwell upon any of the other similar topics, of which there is a rich abundance. I doubt not there is in this hall more than one farmer who has been alarmed by the suggestion that his agricultural machinery should be taxed.
I doubt not there is in this hall more than one publican who remembers that last year an act of Parliament was introduced to denounce him as a “sinner.” I doubt not there are in this hall a widow and an orphan who remember the profligate proposition to plunder their lonely heritage. But, gentlemen, as time advanced it was not difficult to perceive that extravagance was being substituted for energy by the government. The unnatural stimulus was subsiding. Their paroxysms ended in prostration. Some took refuge in melancholy, and their eminent chief alternated between a menace and a sigh. As I sat opposite the treasury bench the ministers reminded me of one of those marine landscapes not very unusual on the coast of South America. You behold a range of exhausted volcanoes. Not a flame flickers on a single pallid crest. But the situation is still dangerous. There are occasional earthquakes, and ever and anon the dark rumbling of the sea.


