No, Sir; it is not the heat of controversy, which has betrayed me in seeing the doctrine of Protection in this light, for, on the contrary, it was because I saw it in this point of view before the struggle commenced that I am thus engaged. Believe me that to extend somewhat our foreign commerce--a consequential result which, however, is far from despicable--was never my governing motive; I believed, and I still believe, that property itself was concerned in the question; I believed, and I still believe, that our tariff of customs, owing to the principle which has given it birth, and the arguments by which it is defended, has made a breach in the very principle of property itself, through which all the rest of our legislation threatens to force itself. In considering this state of things, it seems to me that a Communism, the true effect and range of which, (I must say this to be just,) was not contemplated by its supporters, was on the point of overwhelming us. It seems to me that this particular species of Communism (for there are several kinds of it) flows logically from the arguments of the protectionists, and is involved when those arguments are pressed to their legitimate conclusion. It is upon this ground, therefore, that it seems to me of the utmost importance to meet the evil, for, fortified as it is by sophistical statements, and sanctioned by high authority, there is no hope of eradicating the error while such statements are permitted to take possession of and to distract the mind of the public. It is thus that we view the matter at Bordeaux, Paris, Marseilles, Lyons, and elsewhere, where we have organized the free-trade association. Commercial freedom, considered by itself, is without doubt a great blessing to the people; but if we had only this object in view, our body should have been named the _Association for Commercial Freedom_, or, more accurately, _for the Gradual Reform of the Tariffs_. But the word 'free-trade' implies the _free disposal of the produce of labour_, in other terms '_property_' and it is for this reason that we have preferred it. We knew, indeed, that the term would give rise to many difficulties. It affirmed a principle, and from that moment all the supporters of the opposite one ranged themselves against us. More than this, it was extremely objectionable, even to some of those who were the most disposed to second us, that is to say, to merchants and traders more engaged in reforming the Customs than in overthrowing Communism. Havre, while sympathizing with our views, refused to enlist under our banner. On all sides I was told, 'Let us obtain without loss of time some modification of our tariff, without publishing to the world our extreme pretensions.' I replied, 'If you have only that in view, exert your influence through your chambers of commerce.' To this they answered, 'The word free-trade frightens people, and retards our success.' Nothing is more true; but I would derive even from the terror