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" "Now, destroy this principle of protection, and I tell you in this place that you destroy the whole basis upon which your Colonial system rests. My Lords, if you do not know the advantages of your Colonies, Napoleon Bonaparte knew them well. It is by your Colonial system, based upon the principles of protection, that you have extended your arms—I do not mean your military arms, I mean your commercial arms—to every quarter and to every corner of the globe. It is to your Colonial system that you owe it that there is not a sea on which the flag of England does not float; that there is not a quarter of the world in which the language of England is not heard; that there is not a quarter of the globe, that there is no zone in either hemisphere, in which there are not thousands who recognize the sovereignty of Britain—to whom that language and that flag speak of a home, dear, though distant, of common interests, of common affections—men who share in your glories—men who sympathize in your adversities, men who are proud to bear their share of your burdens, to be embraced within the arms of your commercial policy, and to feel that they are members of your great and imperial Zollverein.
Edward George Geoffrey Smith-Stanley, 14th Earl of Derby KG GCMG PC PC (Ire) (29 March 1799 – 23 October 1869), known as Lord Stanley from 1834 to 1851, was a British statesman and Conservative politician who served three times as Prime Minister of the United Kingdom. To date, he is the longest-serving leader of the Conservative Party. He is one of only four British prime ministers to have three or more separate periods in office. However, his ministries each lasted less than two years and totalled three years and 280 days. Derby introduced the state education system in Ireland, and reformed Parliament.
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My Lords, these are the aristocracy of this country to whom I allude. Reduce these men, and you inflict an irretrievable and irreparable injury upon the country. Lower them in the scale, and you have deranged the social machine beyond the power of correction. God forbid that the successful manufacturer or that the princely merchant should not take his place among the landed aristocracy of this country! Such infusions add fresh vigour and power to that class of the community; but depend upon it, if you sweep that class away at once with all the associations attached to their names, their families, their histories, and the previous associations which belong to the character of their families, and substitute a new body of capitalists, to come amidst an unattached tenantry, and a neighbourhood where no associations are connected with their names, their moral influence and effect will be irretrievably lost.
I am convinced that the old and stubborn spirit of Toryism is at last yielding to the increased liberality of the age—that Tories of the old school—the Sticklers for inveterate abuses under the name of the wisdom of our ancestors, the "laudatores temporis acti," are giving way on all sides—that the spirit which supported the Holy Alliance, the friend of despotism rather than the advocate of struggling freedom, is hastening to the fate it merits, and that all its attendant evils are daily becoming matters which belong to history alone.
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In me you will find one ready to assist in removing all blemishes and deformities from the best and holiest institutions of the country with the most uncompromising zeal—while, at the same time, I will oppose, with all the might and energy of which I am capable, those whose measures, whose objects, and whose intentions are not to reform, but to destroy. (Vehement and long-continued cheering.)