[I]t is not merely our fleets and armies, our powerful artillery, our accumulated capital, and our unlimited credit on which I so much depend, as upon that unbroken spirit of her people, which I believe was never prouder of the Imperial country to which they belong. Gentlemen, it is to that spirit that I above all things trust.

I acknowledge that the policy of England with respect to Europe should be a policy of reserve, but proud reserve; and in answer to those statesmen—those mistaken statesmen who have intimated the decay of the power of England and the decline of its resources, I express here my confident conviction that there never was a moment in our history when the power of England was so great and her resources so vast and inexhaustible.

Her Majesty's new ministers proceeded in their career like a body of men under the influence of some delirious drug. Not satiated with the spoliation and anarchy of Ireland, they began to attack every institution and every interest, every class and calling in the country... As time advanced it was not difficult to perceive that extravagance was being substituted for energy by the Government. The unnatural stimulus was subsiding. Their paroxysms ended in prostration. Some took refuge in melancholy, and their eminent chief alternated between a menace and a sigh. As I sat opposite the Treasury Bench the ministers reminded me of one of those marine landscapes not very unusual on the coasts of South America. You behold a range of exhausted volcanoes. Not a flame flickers on a single pallid crest. But the situation is still dangerous. There are occasional earthquakes, and ever and anon the dark rumbling of the sea.

Pure air, pure water, the inspection of unhealthy habitations, the adulteration of food, these and many kindred matters may be legitimately dealt with by the Legislature... After all, the first consideration of a minister should be the health of the people.

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I beg to express my opinion that an agricultural labourer has as much right to combine for the bettering of his condition as a manufacturing labourer or worker in metals. If the causes of his combination are natural—that is to say, if they arise from his own feelings and from the necessities of his own condition, the combination will end in results mutually beneficial to employers and employed.

And now, gentlemen, what is the condition of the great body of the people? In the first place, gentlemen, they have for centuries been in the full enjoyment of that which no other country in Europe has ever completely attained—complete rights of personal freedom.

You were invaded; you were pillaged and you were conquered; yet amid all these disgraces and vicissitudes there was gradually formed that English race which has brought about a very different state of affairs. Instead of being invaded, your land is proverbially the only "inviolate land"—"the inviolate land of the sage and free." Instead of being plundered, you have attracted to your shores all the capital of the world. Instead of being conquered, your flag floats on many waters, and your standard waves in either zone. It may be said that these achievements are due to the race that inhabited the land, and not to its institutions. Gentlemen, in political institutions are the embodied experiences of a race. You have established a society of classes which give vigour and variety to life. But no class possesses a single exclusive privilege, and all are equal before the law. You possess a real aristocracy, open to all who deserve to enter it. You have not merely a middle class, but a hierarchy of middle classes, in which every degree of wealth, refinement, industry, energy, and enterprise is duly represented.

I confess I am inclined to believe that an English gentleman—born to business, managing his own estate, administering the affairs of his county, mixing with all classes of his fellow-men, now in the hunting field, now in the railway direction, unaffected, un-ostentatious, proud of his ancestors, if they have contributed to the greatness of our common country—is, on the whole, more likely to form a senator agreeable to the English opinion and English taste than any substitute that has yet been produced.

Gentlemen, the influence of the Crown is not confined merely to political affairs. England is a domestic country. Here the home is revered and the hearth is sacred. The nation is represented by a family—the Royal Family; and if that family is educated with a sense of responsibility and a sentiment of public duty, it is difficult to exaggerate the salutary influence they may exercise over a nation. It is not merely an influence upon manners; it is not merely that they are a model for refinement and for good taste—they affect the heart as well as the intelligence of the people, and in the hour of public adversity, or in the anxious conjuncture of public affairs, the nation rallies round the Family and the Throne, and its spirit is animated and sustained by the expression of public affection.

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Since the settlement of [the] Constitution, now nearly two centuries ago, England has never experienced a revolution, though there is no country in which there has been so continuous and such considerable change. How is this? Because the wisdom of your forefathers placed the prize of supreme power without the sphere of human passions. Whatever the struggle of parties, whatever the strife of factions, whatever the excitement and exaltation of the public mind, there has always been something in this country round which all classes and parties could rally, representing the majesty of the law, the administration of justice, and involving, at the same time, the security for every man's rights and the fountain of honour.