GLADSTONE AND DISRAELI
In 1852 he first came into opposition with the man against whom he was to be pitted during the remainder of his career, Benjamin Disraeli, who had made himself a power in Parliament, and in that year became Chancellor of the Exchequer in Lord Derby’s Cabinet and leader of the House of Commons. The revenue budget introduced by him showed a sad lack of financial ability, and called forth sharp criticisms, to which he replied in a speech made up of scoffs, gibes and biting sarcasms, so daring and audacious in character as almost to intimidate the House. As he sat down, Mr. Gladstone rose and launched forth into an oration which became historic. He gave voice to that indignation which lay suppressed beneath the cowed feeling which for the moment the Chancellor of the Exchequer’s performance had left among his hearers. In a few minutes the House was wildly cheering the intrepid champion who had rushed into the breach, and when Mr. Gladstone concluded, having torn to shreds the proposals of the budget, a majority followed him into the division lobby, and Mr. Disraeli found his government beaten by nineteen votes. Such was the first great encounter between the two rivals.