you know each other the better. Allow me, therefore, to introduce to you the Right Hon. W. Gladstone.’ Mr. Gladstone had been engaged in making a note of some shipping returns for his budget. The shipowner was, of course, a little taken aback, but he soon recovered his self-possession, and enjoyed the joke as much as Mr. Gladstone did. Very soon Sir Robert Peel proposed to establish non-sectarian colleges in Ireland, and to increase the grant to Maynooth. This led to Mr. Gladstone’s resignation in 1845, but not before he had completed a second revised tariff, carrying on still further the work of commercial reform. In the explanation which he gave for his resignation he was understood to say that the measure with regard to Maynooth was a departure from the principles he had contended for in his books. Everyone was amazed, and the party he had left was very angry. Greville writes: ‘Gladstone’s explanation was ludicrous. Everybody said that he had only succeeded in showing that his explanation was quite uncalled for.’ It is perfectly clear that no one was able to understand the explanation. In a letter to Mr. W. E. Forster, Cobden wrote: ‘Gladstone’s speeches have the effect on my mind of a beautiful strain of music; I can rarely remember any clear unqualified expression of opinion on any subject outside his political, economical and financial statements. I remember on the occasion when he left Sir Robert Peel’s Government on the Maynooth question, and when the House sat in unusual numbers to hear his explanation, I sat beside Villiers and Ricardo for an hour listening with real pleasure to his beautiful rhetorical involutions and evolutions, and at the close turning round to one of my neighbours and exclaiming, “What a marvellous talent is this! Here have I been listening with pleasure for an hour to his explanation, and I know no more why he left the Government than when he commenced.”’