The characteristic features of our Government when Mr. Peel began political life were the supremacy of Protestants, the peculiar and anomalous condition of nomination boroughs, and the predominant influence of our landed gentry. Such was what was called the English Constitution. The Protestant supremacy was, as a principle, abolished; the close boroughs were done away with; the landed influence was now beginning to be in jeopardy.

The elections that had just taken place were in some degree a trial of the comparative popularity of free trade and protectionist principles, the Protectionists being for the most part country gentlemen, voting generally with the Tories, and the Free Traders, who were chiefly from the mercantile and manufacturing classes, with the Whigs. But the opinions between the leaders of the two parties with respect to commercial principles were not so wide apart. Other causes affected their struggle for power.

The country had been for some time perplexed by the differences which prevailed amongst the liberals, and the discordant and heterogeneous elements of which their body was composed. It had a general idea that many of the questions under discussion were not ripe for a solution, that Sir Robert Peel, though adverse to change, was not blind to improvement; that his followers were more united than his opponents, and composed of a less adventurous class of politicians; above all, he himself considered that he was the person who, by his practical knowledge, was the most capable of restoring order to our finances, long since deranged by an annual deficit, which the late government had done nothing to supply. In short, the large majority in the country and in Parliament which brought Sir Robert Peel into office did so far more in homage to his personal prestige than in respect to the principles which his adherents represented. He stood, in fact, in the most eminent but in the most difficult position which an individual could occupy. It is worth while to consider what that position was.

From the time that the Reform Bill of 1832 had been carried, in spite of the aristocratic branch of our Legislature, there had been a natural and continuous difference between the two Houses of Parliament, a difference that was in itself far more dangerous to the form of our constitution than any decision on any question on which they differed. In a celebrated speech which Sir R. Peel delivered at Merchant Tailors’ Hall (in 1839) he had stated that his endeavour was to form such a party as might bring the House of Commons and the House of Lords into harmonious working. “My object,” said he, “for some years past, has been to lay the foundations of a great party, which, existing in the House of Commons, and deriving its strength from the popular will, should diminish the risk and deaden the shock of collisions between the two deliberative branches of the Legislature.” This could not be effected by a party which merely represented the feelings of the most democratic portion of the democratic assembly; it could still less be effected by a party only representing the feelings of the most aristocratic portion of the aristocratic assembly. A party was required that should draw strength from the moderate men of both assemblies. The Whigs had not been able to form a party of this kind; Sir Robert undertook to do so, stating then, and frequently afterwards, the course he should pursue with this object.

In Ireland he proposed to act up to the spirit of the Catholic Relief Bill, in his distribution of patronage to the Catholics, but to maintain the Protestant Church. In the rest of the empire he promised a careful attention to material interests and administrative reforms, and an unswerving opposition to further constitutional changes. As to commercial policy, he admitted the general theory of free trade, but contended that its application should be relative to existing circumstances and long-established interests, any sudden overthrow of which would interfere with the natural progress of events, and the gradual and safe development of national prosperity. For his own position he claimed an entire liberty, protesting that he did not mean to fetter the opinions of others, but that at the same time no consideration would induce him to carry out views or maintain opinions in which he did not concur.

“I do not estimate highly the distinction which office confers. To any man who is fit to hold it, its only value must be, not the patronage which the possessor is enabled to confer, but the opportunity which is offered to him of doing good to his country. And the moment I shall be convinced that that power is denied me, I tell every one who hears me that he confers on me no personal obligation in having placed me in this office. Free as the winds, I shall reserve to myself the power of retiring from the discharge of its onerous and harassing functions the moment I feel that I cannot discharge them with satisfaction to the public and to my own conscience.”

This liberty he foresaw was necessary, for the object he had to effect was a compromise between conflicting extremes, in which he must expect to dissatisfy all those whose views were extreme. But it is public opinion which establishes extremes. What is extreme one day may not be so another. A certain latitude in accommodating himself to public opinion was therefore a natural claim.

But though Sir Robert Peel’s intention was thus to form a new Conservative party, he was obliged to use old and recognized Conservative materials. The Protestants in Ireland, the country gentlemen in England, were the backbone of any Conservative party. He might endeavour to mitigate their prejudices and to popularize their opinions, but he could not have a Conservative party without them. The difficulties which this situation presented were not conspicuous when he had merely to criticise in opposition. They were certain, however, to become so when he began to act in office, and was exposed in his turn to criticism.

Years, however, had to pass before his plans could be developed or their tendency discovered. The distress was great; the finances were disordered; but the mere fact that Sir Robert Peel was at the head of affairs tranquillised the public mind. In this period, when confidence was required, the power of character was felt.

On the meeting of Parliament in the following year, the general scheme of the ministerial policy was explained. The intentions of the Government as to the corn trade were confined to the imposition of more moderate duties, graduating according to a sliding scale, which made the duty imposed depend on the average price of corn. The mode adopted for equalizing the revenue with the expenditure was an Income Tax, accompanied by a reduction in certain articles of consumption; and finally came a new tariff which had for its principal object the lowering the price of essential articles of food, and admitting raw materials applicable to manufactures. The proposed arrangements as to the corn duties were attacked by the Whigs, who were in favour of a fixed instead of a varying duty, and by the Free Traders, who contended that there should be no duties at all. It was attacked also by a certain number of country gentlemen, who considered that it afforded insufficient protection to land; but it was considered at the moment by the country at large as a tolerably fair compromise between conflicting demands. As to the Income Tax, it was submitted to as a disagreeable necessity, affording the simplest and surest method of rescuing the country from the degrading position of constant loans, whilst the tariff was hailed with general delight as increasing the value of income, thus affording a compensation for the reduction imposed on it.