[61] Sir Robert Peel, as is well known, did not fall into this error, and even Mr. Cobden appears to have recognised so early as 1849 that his original forecasts on this point were too optimistic. Speaking on January 10, 1849, he said: "At the last stage of the Anti-Corn Law Agitation, our opponents were driven to this position: 'Free Trade is a very good thing, but you cannot have it until other countries adopt it too.' And I used to say: 'If Free Trade be a good thing for us, we will have it; let others take it if it be a good thing for them; if not, let them do without it.'"

[62] Hirst, Life of Friedrich List, p. 134.

[63] Essay on the Influence of Commerce on International Conflicts; F. Greenwood, Ency. Brit. (Tenth Edition).

[64] In connection with this branch of the question, I wish to draw attention to the fact that Professor Shield Nicholson, in his recent brilliant work, A Project of Empire, has conclusively shown that it is a misapprehension to suppose that Adam Smith, in advocating Free Trade, looked merely to the interests of the consumer, and neglected altogether those of the producer. Mr. Gladstone's statement on this subject, made in 1860, is well known.

[65] Reports on the Tariff wars between certain European States, Parliamentary paper, Commercial, No. 1 (1904), p. 46.

[66] High Albania, p. 311.

[67] See on this subject the final remarks in Mr. Bland's very instructive chapter xiv.

[68] It is believed that a proposal to reform the constitution of the Egyptian Legislative Council and to extend somewhat its powers is now under consideration. Any reasonable proposals of this nature should be welcomed, but they will do little or nothing towards granting autonomy to Egypt in the sense in which I understand that word.

[69] This passage occurs in Coningsby, and Mr. Monypenny warns us that "his version of the quarrel between Charles I. and the Parliament is too fanciful to be quite serious; we may believe that he was here consciously paying tribute to the historical caprices of Manners and Smythe."

[70] Mr. Monypenny says in a note that a hostile newspaper gave the following translation of Disraeli's motto: "The impudence of some men sticks at nothing."