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its giant strength, and the Czar has already 300,000 men, and 800 pieces of cannon, ready to take the field against the revolutionary enthusiasts of France and Germany. Sooner or later the conflict must arrive. It is not unlikely that either a second Napoleon will lead another crusade of the western nations across the Niemen, or a second Alexander will conduct the forces of the desert to the banks of the Seine. Whichever proves victorious, England has equal cause for apprehension. If the balance of power is subverted on Continental Europe, how is the independence of this country permanently to be maintained ? How are our manufactures or revenue to be supported, if one prevailing power has subjugated all the other states of Europe to its sway? It is hard to say whether, in such circumstances, we should have most to dread from French fraternity or Russian hostility. But how is the balance of power to be preserved in Europe amidst the wreck of its principal states? when Prussia is revolutionised, and has passed over to the other side ; when Austria is shattered and broken in pieces, and Italy has fallen under the dominion of a faction, distinguished beyond anything else by its relentless hatred of the aristocracy, and its jealousy of the fabrics of England ? What has Great Britain to rely on, in such a crisis, but the energy of its seamen and the might of its navy, which might at least enable it to preserve its connexion with its own colonies, and maintain, as during the Continental blockade, its commerce with Transatlantic nations? And yet this is the moment which our rulers have selected for destroying the Navigation Laws, so long the bulwark of our mercantile marine, and permitting all the world to make those inroads on our shipping, which have already been partially effected by the nations with whom we have concluded reciprocity treaties !

The defence of Great Britain must always mainly rest on our navy, and our navy is almost entirely dependent on the maintenance of our colonies. It is in the trade with the colonies that we can alone look for the means of resisting the general coalition of the European powers, which is certain, sooner or later, to arise against our maritime superiority, and the advent of which the spread of democratic principles, and the sway of operative jealousy on the Continent, is so evidently calculated to accelerate. But how are our colonies to be preserved, even for a few years, if free trade severs the strong bond of interest which has hitherto attached them to the mother country, and the repeal of the Navigation Laws accustoms them to look to foreigners for the means of conducting their mercantile transactions? Charged with the defence of a colonial empire which encircles the earth, and has brought such countless treasures and boundless strength to the parent state, Great Britain at land is only a fourth-rate power, at least for Continental strife. At Waterloo, even, she could only array forty-five thousand men to contend with the conqueror of Europe for her existence. It is to our ships we must look for the means of maintaining our commerce, and asserting our independence against manufacturing jealousy, national rivalry, and foreign aggression. Is our navy, then, to be surrendered to the ceaseless encroachments of foreigners, in order to effect a saving of a few millions a-year on freights, reft from our own people, and sapping the foundations of our national independence ?

How can human wisdom or foresight, the energy of the Anglo-Saxons, or the courage of the Normans, maintain, for any length of time, our independence in the perilous position into which free-trade policy has, during the short period it has been in operation, brought us? The repeal of the Corn Laws has already brought an importation of eight or ten millions of foreign quarters annually upon our people - a full sixth of the national subsistence, and which will soon become indispensable to their existence. A simple non-intercourse act will of itself enable Russia or America, without firing a shot, to compel us to lower the flag of Blake and Nelson. Stern famine will “guard the solitary coast," and famished multitudes demand national submission as the price of life. The repeal of the Navigation Laws will ere long bring the foreign seamen engaged in carrying on our trade to a superiority over our own, as has already taken place in so woful a manner with the Baltic powers. Hostile fleets will moor their ships of the line across our harbours, and throw back our starving multitudes on their own island for food, and their own market for employment. What will then avail our manufacturers and our fabrics

the forges of Birmingham, the power-looms of Manchester, the iron-works of Lanarkshire-if the enemies' squadrons blockade the Thames, the Mersey, and the Clyde, and famished millions are deprived alike of food and employment, by the suicidal policy of preceding rulers ? Our present strength will then be the measure of our weakness ; our vast population, as in a beleaguered town, the useless multitude which must be fed, and cannot fight; our wealth, the glittering prize which will attract the rapacity of the spoiler. With indignant feelings, but caustic truth, our people will then curse the infatuated policy which abandoned the national defences, and handed them over, bound hand and foot, to the enemy, only the more the object of rapacity because such boundless wealth had accumulated in a few hands amongst them. Then will be seen, that with our own hands, as into the ancient city, we have admitted the enemies' bands; we have drawn the horse pregnant with armed men through our ramparts, and our weeping and dispersed descendants will exclaim with the Trojans of old

“Fuimus Troës, fuit Ilium, et ingens Gloria Teucrorum.”




It was

It was said in the debate on the Navigation Laws, in the best speech made on the Liberal side, by one of the ablest of the Liberal party, that the repeal of the Navigation Laws was the crowning of the column of free trade. There is no doubt it was so ; but it was something more. not only the carrying out of a principle, but the overthrow of a system ; it was not merely the crowning of the column, but the crushing of the pedestal.

And what was the system which was thus completely overthrown, for the time at least, by this great triumph of Liberal doctrines ? It was the system under which England had become free, and great, and powerful ; under which, in her alone of all modern states, liberty had been found to coexist with law, and progress with order ; under which wealth had increased without producing divisions, and power grown up without inducing corruption ; the system which had withstood the shocks of two centuries, and created an empire unsurpassed since the beginning of the world in extent and magnificence. It was a system which had been followed out with persevering energy by the greatest men, and the most commanding intellects, which modern Europe had ever produced ; which was begun by the republican patriotism of Cromwell, and consummated by the conservative wisdom of Pitt; which had been embraced alike by Somers and Bolingbroke, by Walpole and Chatham, by Fox and Castlereagh ; which, during two centuries, had produced an unbroken growth of national strength, a ceaseless extension of national power, and at length reared up a dominion which embraced the earth in its grasp, and exceeded anything ever achieved by the legions of Cæsar or the phalanx of Alexander. No vicissitudes of time, no shock of adverse fortune, had been able permanently to arrest its progress. It had risen superior alike to the ambition of Louis XIV. and the genius of Napoleon ;, the rude severance of the North American colonies had thrown only a passing shade over its fortunes ; the power of Hindostan had been subdued by its force, the sceptre of the ocean won by its prowess. It had planted its colonies in every quarter of the globe ; at once peopled with its descendants a new hemisphere, and, for the first time since the creation, rolled back to the old the tide of civilisation. Perish when it may, the old English system has achieved many things : it has indelibly affixed its impress on the tablets of history. The children of its creation, the Anglo-Saxon race, will fill alike the solitudes of the Far West, and the isles of the East; they will be found equally on the shores of the Missouri and on the savannahs of Australia ; and the period can already be anticipated, even by the least imaginative, when their descendants will people half the globe.

It was not only the column of free trade which has been crowned in this memorable year. Another column, more firm in its structure, more lasting in its duration, more conspicuous amidst the wonders of creation, has, in the same season, been crowned by British hands. While the sacrilegious efforts of those whom it had sheltered were tearing down the temple of Protection in the West, the last stone was put to the august structure which it had reared in the East. The victory of Goojerat on the Indus was contemporary with the repeal of the Navigation Laws on the Thames. The completion of the conquest of India occurred exactly at the moment when the system which had created that empire was repudiated. Protection placed the sceptre of India in our hands, when free trade was surrendering the trident of the ocean in the heart of our power. With truth did Lord Gough say, in his noble proclamation to the army of the Punjaub on the termination of hostilities, that “what Alexander had attempted they had done.” Supported by the energy of England, guided by the principles of protection, restrained by the dictates of justice, backed by the navy which the

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