The ameliorative measures originated by Mr. Balfour when he was Chief Secretary, and which culminated in the Wyndham Purchase Act, have created a new Ireland. Mr. Redmond, speaking a year or two ago, said that Ireland "was studded with the beautiful and happy homes of an emancipated peasantry." It is a true picture, but it is a picture of the result of Unionist policy in Ireland, a policy which Mr. Redmond and his friends, including the present Government, have done their best to hamper. The driving power of the agitation for Home Rule has always been discontent with the land system of Ireland, and just in proportion as land purchase has extended, the demand for Home Rule has died down. The Nationalist leaders, realising this, and regarding political agitation as their first object, have compelled the Government to put insurmountable obstacles in the way of land purchase--not because it had not been successful, but because it had been too successful. The prosperity and the peace of Ireland depend upon the completion of land purchase, and it can only be completed by the use of British credit, which in my belief can and ought only to be freely given so long as Ireland is in complete union with the rest of the United Kingdom. In the present deplorable position of British credit the financing of land purchase would be difficult; but it is not unreasonable to hope that the return to power of a Government which would adopt sane financial methods would restore our credit; and in any case, the object is of such vital importance that, whatever the difficulties, it must be our policy to complete with the utmost possible rapidity the system of land purchase in Ireland. It will also be our aim to help to the utmost, in the manner suggested in different articles in this book, in the development of the resources of Ireland. The Nationalist policy, which is imposed also on the Radical Party, is in fact more politics and less industry. Our policy is more industry and less politics. The strongest objection, however, and, in my opinion, the insurmountable obstacle to Home Rule, is the injustice of attempting to impose it against their will upon the Unionists of Ulster. The only intelligible ground upon which Home Rule can now be defended is the nationality of Ireland. But Ireland is not a nation; it is two nations. It is two nations separated from each other by lines of cleavage which cut far deeper than those which separate Great Britain from Ireland as a whole. Every argument which can be adduced in favour of separate treatment for the Irish Nationalist minority as against the majority of the United Kingdom, applies with far greater force in favour of separate treatment for the Unionists of Ulster as against the majority of Ireland.