_First_.--The acquiescence by England in Irish independence would be a deliberate and complete surrender of the objects at which English statesmanship has, under one form or another, aimed for centuries. Such a surrender would, in addition to its material effects, inflict an amount of moral discredit on England which would itself be the cause of serious dangers. That a powerful nation should (except under the force of crushing defeat) assent to an arrangement which would decrease its resources and authority must inevitably appear to all the world to be, and probably would be in reality, such a sign either of declining strength or of declining spirit as would in a short time provoke the aggression of rivals and enemies. Abdication of royal or imperial authority is with States no less than with individuals the precursor of death. Loss of territory, indeed, in consequence of defeat, is in itself only in so far damaging as defeat may imply a want of capacity to resist attack, or as the diminution of territory may involve loss of resources. Thus the surrender of Lombardy by Austria, of Alsace by France, of Schleswig-Holstein by Denmark, the acquiescence of Holland in the independence of Belgium; or, to come nearer home, the treaty by which England acknowledged that the struggle to retain her American colonies had ended in failure, each and all of them brought only such discredit upon the defeated country as is the direct consequence of want of success. None, of these transactions had anything like the disastrous results which the concession of Irish independence would entail on England. The Austrians, the French, the Danes, and the Dutch had, as the whole world admitted, struggled manfully to maintain their power. They were beaten as one party or other to a fight must be beaten, but they did not betray any of those failings which encourage further attack. The close of the conflict with our colonies assuredly did not leave England disgraced before the world. The obstinacy of George III., the splendid resistance made by a nation assailed at once by a combination of enemies, any one of whom alone would have seemed a formidable foe, the victories of Rodney, the defence of Gibraltar, not only saved but increased the renown of England, and were warnings which no foreigner could disregard, that the loss of the American colonies, though it might diminish the Empire, had not quenched the spirit or undermined the strength of Great Britain. No one can suppose that a peaceful retreat from the difficulties and responsibility of providing for the Government of Ireland would leave to England that reputation for courage and endurance which, even in the midst of defeat, was retained by the generation who acknowledged the independence of America. Peaceable surrender may avert material loss; it cannot maintain moral character. One thing only would render the concession of Irish independence compatible with Englishmen's respect for themselves, or with the respect