Blackwood's Edinburgh Magazine, Vol. 71, No. 438, April 1852Various
History
Blackwood's Edinburgh Magazine, Vol. 71, No. 438, April 1852
Various
England -- Periodicals; Scotland -- Periodicals
satisfied ought to remain prominently under the eye of the country, for
the guidance alike of candidates and electors in the approaching great
struggle--"where are _the indications_ of alarm, anxiety, and
uncertainty? The public mind seems to be peaceable and content! Is there
a more accurate barometer of public feeling than the public funds? Yet,
will the noble lord point out a single moment, during the whole time the
late Government was in office, when the Funds were so high, were so
steady, and had a more decided tendency to advance, than they have at
this moment, when, according to the noble Baron, the whole country is in
a state of suspense and excitement?" _The Premier's bold challenge
remained unanswered_--though Earl Grey, Lord Beaumont, and several other
Peers, attempted to reply to other portions of his brilliant,
overpowering, and spontaneous speech. But what said, on the ensuing
afternoon, the City Article of that able, honourable, but truthful
opponent of Protection, the _Sun_ newspaper, which has done itself
honour by its manly course during the recent crisis? While its leading
article vied with the _Times_ of that morning in splendid eulogy of Lord
Derby's speech, and stern denunciation of the factiousness against which
it had been fulminated, the dry money aspect of the question was thus
faithfully indicated: "The English Funds have been very buoyant [Tuesday
16th March, 1852,] and the speech of Lord Derby has given pretty general
satisfaction. _Consols have been 98⅛ for transfer, and 98⅛ to ¼
for account!_" And they have since steadily risen higher! Well might
Lord Derby appeal to the beating of this "pulse," and well might
discarded state doctors abstain from gainsaying the declaration of their
rival!
[L] _Ante_, p. 405.
The mention of Earl Grey's name reminds us of another coincidence
between our own foregoing speculations, and the subsequent speech of
Earl Derby. We noted pointedly his silence on the Colonial
question--though in the provoking presence of Earl Grey. On the evening
to which we are now referring, Earl Derby showed how nearly we had
groped towards the truth of the case, by letting fall one or two
sentences, like ominous drops of a coming storm, against which it would
be prudent for Earl Grey to be looking out for shelter. Earl Derby was
speaking of the presumed causes of the late Ministry's fall. "When the
division on the Militia Bill had taken place, it was the ostensible
cause; _the real cause may be different--and perhaps the noble Earl
[Grey] whom I see taking notes, may be cognisant of the real cause!_"
Let us hope that when the day of reckoning shall have arrived, that
insulted and outraged veteran, Sir Harry Smith, will, amidst the
indignant sympathy of the whole country, be alive and present, to
witness Lord Derby's squaring of accounts with the late Colonial
Secretary.
Public-domain text, read in full here on John Shaqi.
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