"My Lords," he commenced, and in a very resolute manner, "I have now stated to your lordships the principles on which I think that our foreign policy should be regulated and conducted. I will not shrink, my lords, from dealing with questions of far greater difficulty. I will not shrink from speaking frankly upon the subject of our commercial and financial policy." It is impossible to describe the sudden silent manifestation of intense anxiety and interest excited by these words; rendered the more striking, from the loud cheering which had accompanied the preceding sentence, and which was suddenly succeeded by profound silence. It was at that interesting and exciting moment that we bethought ourselves of Lord Stanley in the House of Lords on that day twelvemonth. Our recollection of what he had then said, on the question which he was now approaching, was vividly distinct. We were certain that he would thoroughly identify Earl Derby of February 1852 with Lord Stanley of February 1851; but who could stifle a feeling of lively anxiety to learn the precise manner in which he proposed to deal with this great stumbling-block to the statesmen of this age? He began by referring to Sir Robert Peel's commercial policy in 1842, stating that he had cordially supported it. But here let us pause; for this sudden ten years' retrospect awakens painful memories, and suggests a very painful contrast. Let us speak of the dead, the distinguished dead, in a spirit of forbearance and charity. Nay, let us pay the homage due to a man of great political capacity and knowledge, and unsullied purity of personal character!--There is now lying before us, side by side with a reprint of Lord Derby's speech, a fellow reprint[F] of that delivered by the late Sir Robert Peel in 1841, and published, we believe, in a cheap form for extensive circulation, with that late right honourable baronet's sanction. It is the speech which he addressed to his constituents at Tamworth, on the 28th of June 1841, and was a most able and elaborate statement of his leading political opinions, on the occasion of the then pending general election which returned a glorious majority of ninety-one pledged to support the opinions so luminously expounded in that memorable speech. How it reads, by the light of 1852! Alas! the exultation with which he contemplated the great Conservative party, which, he said, "has been pleased to intrust your representative with its confidence! You may rely upon it that that party which has paid me the compliment of taking my advice, and following my counsel, are a united and compact party, among whom there does not exist the slightest difference of opinion in respect of the principles they support, and the cause they may desire to pursue. Gentlemen, _I hope I have not abused the confidence of that great party!_" And the proud appeal evoked "loud cheers." Alas! what is man? Again, how eloquently, and upon what grand