It would be idle just now to enter into any speculation as to whether Mr. Arthur Balfour will long continue to hold the office. If he should make up his mind, as was at one time thought possible by many observers, to accept a peerage and become Prime Minister in the House of Lords, such a step would undoubtedly be a means of pacifying the partisans of Chamberlain, for Chamberlain would then become, almost as a matter of course, the leader of the Conservative government in the House of Commons, and this elevation might well satisfy his ambition and give his pushful energy work enough to do. But the country has of late become less and less satisfied with the practice of having a Prime Minister removed from the centre of active life and hidden away in the enervating atmosphere of the House of Lords. The friends of Mr. Balfour are naturally inclined to hope and believe that he will not bury himself in such a living tomb. His path will in any case be perplexed by many difficulties and obstructions. My own impression is that the inevitable reaction is destined to come before long. The next general election may prove that the country at large is tired of a Conservative administration. The public mind will soon get over the feverish excitement created by the South African war, and people will begin to remember that England had won battles and annexed territory before there ever was a Transvaal Republic, and found then, as she will find now, that successes abroad do not relieve her from the necessity of managing successfully her business at home. It has to be borne in mind, too, that the House of Commons does not really originate anything in the work of important legislation. The best business of the Liberal party begins outside the House of Commons--begins with the people and with those who take an interest in the welfare of the people and have brains and foresight enough to find out how it can be most thoroughly promoted. All great reforms have their origin outside the House of Commons and are only taken up by the House of Commons when it is felt that the popular demand is so earnest that it must receive serious consideration. The country will soon begin to realize the fact that, shamefully mismanaged as the War Department may have been during the recent campaigns, the War Department is not by any means the only national institution which needs the strong hand of reform. The spirited foreign policy has had its innings, and the condition of the people at home must have its turn very soon. The Liberal party has its work cut out for it, and where there is the work to be done a Liberal party will be found to do it. So far as I can read the signs of the times, I am encouraged to hope that a great opportunity is waiting for the Liberal party, and I cannot see the slightest reason to doubt that a Liberal party will be found ready for the opportunity and equal to it. A Tory Prime Minister has, indeed,