Before passing from the subject of the new tariff, let us observe,
that the suddenness and vastness of its changes (some of which we
consider to be of questionable propriety) for a time unavoidably
deranged mercantile operations; and in doing so, as necessarily
produced many cases of individual dissatisfaction and distress. Some
of the persons thus situated angrily quitted the Conservative ranks
for those of the Opposition; others, for a position of mortified
neutrality: but we believe that many more, notwithstanding this sharp
trial of their constancy, remained true to their principles, faithful
to their party, and are now rewarded by seeing things coming rapidly
round again, while unvarying and complete success has attended every
other branch of the policy of Ministers. We know a good deal of the
real state of opinion among the mercantile classes of the City of
London; and believe we correctly represent it averse to further
changes in our tariff-system, and coincident with the views expressed
by Mr Baring in his address to the electors, when he deprecated "a
constant change, unsettling men's minds, baffling all combinations,
destroying all calculations, paralysing trade, and continuing the
stagnation from which we are recovering;" and declared his belief
"that the minister who applies the principles of free-trade with the
most caution, deliberation, and judgment, is the statesman who merits
the confidence of the commercial world." We now, however, quit the
subject--interesting, indeed, and all-important--of the tariff, with
the deliberate expression of our opinion, that it is, taken as a
whole, a very bold, masterly, and successful stroke of policy. Now for
the NEW CORN-LAW.
Public-domain text, read in full here on John Shaqi.
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