Mr. Disraeli's career has been traced in detail from his birth to the
point which he had now reached. Henceforward it is neither necessary nor
possible to follow his actions with the same minuteness. The outer side
of them is within the memory of most of us. The inner side can only be
known when his private papers are given to the world. For twenty-five
years he led the Conservative Opposition in the House of Commons, varied
with brief intervals of power. He was three times Chancellor of the
Exchequer under Lord Derby--in 1852, in 1858-9, and again in 1867--but
he was in office owing rather to Liberal dissensions than to recovered
strength on his own side. Being in a minority he was unable to initiate
any definite policy; nor if the opportunity had been offered him would
he have attempted to reverse the commercial policy of Peel. The country
had decided for Free Trade, and a long Trade Wind of commercial
prosperity seemed to indicate that the Manchester school had been right
after all. On this question the verdict had gone against him, and the
opinion of the constituencies remained against him. More than all, what
Cobden had prophesied came to pass. Science and skill came to the
support of enterprise. Railroads cheapened transport and annihilated
distance. The ocean lost its terrors and became an easy and secure
highway, and England, with her boundless resources, became more than
ever the ocean's lord. Exports and imports grew with fabulous rapidity,
and the prosperity which Disraeli had not denied might be the immediate
effect exceeded the wildest hopes of the Corn Law League. Duty after
duty was abandoned, and still the revenue increased. The people
multiplied like bees, and yet wages rose. New towns sprang out of the
soil like mushrooms, and the happy owners of it found their incomes
doubled without effort of their own. Even the farmers prospered, for
time was necessary, before America, and Russia, and India could pull
down the market price of corn. Meat rose, farm produce of all kinds
rose, and rent rose along with it, and the price of land. The farm
labourer had his advance of a weekly shilling or two, and the
agricultural interest, which had been threatened with ruin, throve as it
had never thriven before. Althea's horn was flowing over with an
exuberance of plenty, and all classes adopted more expensive habits,
believing that the supply was now inexhaustible. The lords of the land
themselves shook off their panic, and were heard to say that 'Free Trade
was no such a bad thing after all.'
[Sidenote: FREE TRADE AND PROGRESS]
When things are going well with Englishmen they never look beyond the
moment.
Pride in their port, defiance in their eye,
We see the lords of human kind go by.
Public-domain text, read in full here on John Shaqi.
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