Lord John adverted to the hostility of the radicals as exhibited in the tone of the debate, and hinted the opinion that they must take in a reef or two. Mr. Gladstone doubted whether the budget could live in that House, whatever form it might assume; but even with such perils he should look upon the whole budget as less unsafe than a partial contraction. Graham took the same view of the disposition of parliament: keen opposition; lukewarm support; the necessity of a greater party sympathy and connection to enable them to surmount the difficulties of a most unusual and hazardous operation. But he did not appear to lean to dissolution, and the older members of the cabinet generally declared themselves against it. 'In the end we went back to the position that we must have a budget on Monday, but Clarendon, Herbert, and Palmerston joined the chorus of those who said the measure was too sharp upon Ireland. The idea was then started whether we should go the length of the entire remission of the consolidated annuities[288] and impose the income-tax at sevenpence, with the augmented spirit duty. This view found favour generally; and I felt that some excess in the mere sacrifice of money was no great matter compared with the advantage of so great an approximation to equal taxation.' Then, 'speaking with great deference,' Gladstone repeated his belief once more that the entire budget was safer than a contracted one, both for the House and the country, and his conviction that if they proposed it, the name and fame of the government at any rate would stand well. 'Wood seemed still to hang back, but the rest of the cabinet now appeared well satisfied, and we parted, each resolved and certainly more likely to stand or fall by the budget as a whole than we seemed to be on Wednesday.'
III
The decisive cabinet was on Saturday, April 16. It was finally settled that the budget should be proposed as it stood, with its essential features unaltered. On Sunday, the chancellor of the exchequer went as usual twice to church, and read the Paradiso; 'but I was obliged,' he says, with an accent of contrition, 'to give several hours to my figures.' Monday brought the critical moment. 'April 18. Wrote minutes. Read Shakespeare at night. This day was devoted to working up my papers and figures for the evening. Then drove and walked with C. [Mrs. Gladstone]. Went at 4½ to the House. Spoke 4¾ hours in detailing the financial measures, and my strength stood out well, thank God. Many kind congratulations afterwards. Herberts and Wortleys came home with us and had soup and negus.'
LAID BEFORE PARLIAMENT
The proceeding that figures here so simply was, in fact, one of the great parliamentary performances of the century. Lord Aberdeen wrote to Prince Albert that 'the display of power was wonderful; it was agreed in all quarters that there had been nothing like the speech for many years, and that under the impression of his commanding eloquence the reception of the budget had been most favourable.' Lord John told the Queen the speech was one of the ablest ever made in the House of Commons. 'Mr. Pitt, in the days of his glory, might have been more imposing, but he could not have been more persuasive.' Lord Aberdeen heard from Windsor the next day: 'The Queen must write a line to Lord Aberdeen to say how delighted she is at the great success of Mr. Gladstone's speech last night.... We have every reason to be sanguine now, which is a great relief to the Queen.' Prince Albert used the same language to Mr. Gladstone: 'I cannot resist writing you a line in order to congratulate you on the success of your speech of yesterday. I have just completed a close and careful perusal of it and should certainly have cheered had I a seat in the House. I hear from all sides that the budget has been well received. Trusting that your Christian humility will not allow you to be dangerously elated, I cannot help sending for your perusal the report which Lord John Russell sent to the Queen, feeling sure that it will give you pleasure, such approbation being the best reward a public man can have.'
On the cardinal question of the fortunes of the ministry its effect was decisive. The prime minister wrote to Mr. Gladstone himself (April 19): 'While everybody is congratulating me on the wonderful impression produced in the House of Commons last night, it seems only reasonable that I should have a word of congratulation for you. You will believe how much more sincerely I rejoice on your account than on my own, although most assuredly, if the existence of my government shall be prolonged, it will be your work.' To Madame de Lieven Aberdeen said that Gladstone had given a strength and lustre to the administration which it could not have derived from anything else. No testimony was more agreeable to Mr. Gladstone than a letter from Lady Peel. 'I know the recollections,' he replied, 'with which you must have written, and therefore I will not scruple to say that as I was inspired by the thought of treading, however unequally, in the steps of my great teacher and master in public affairs, so it was one of my keenest anxieties not to do dishonour to his memory, or injustice to the patriotic policy with which his name is forever associated.'[289]
POWER OF THE PERFORMANCE
Greville makes a true point when he says that the budget speech 'has raised Gladstone to a great political elevation, and what is of far greater consequence than the measure itself, has given the country assurance of a man equal to great political necessities and fit to lead parties and direct governments.'[290] Mr. Gladstone had made many speeches that were in a high degree interesting, ingenious, attractive, forcible. He now showed that besides and apart from all this, he was the possessor of qualities without which no amount of rhetorician's glitter commands the House of Commons for a single hour after the fireworks have ceased to blaze. He showed that he had precise perception, positive and constructive purpose, and a powerful will. In 1851, he had on two occasions exhibited the highest competency as a critic of the budget of Sir Charles Wood. On the memorable night in the previous December, when he had torn Mr. Disraeli's budget to pieces, he had proved how terrifying he could be in exposure and assault. He now triumphantly met the test that he had triumphantly applied to his predecessor, and presented a command of even more imposing resources in the task of responsible construction than he had displayed in irresponsible criticism. The speech was saturated with fact; the horizons were large; and the opening of each in the long series of topics, from Mr. Pitt and the great war, down to the unsuspected connection between the repeal of the soap-tax and the extinction of the slave trade in Africa, was exalted and spacious. The arguments throughout were close, persuasive, exhaustive; the moral appeal was in the only tone worthy of a great minister addressing a governing assembly—a masculine invocation of their intellectual and political courage. This is the intrepid way in which a strong parliament and a strong nation like to see public difficulties handled, and they now welcomed the appearance of a new minister, who rejected what he called narrow and flimsy expedients, of which so much had been seen in the last half dozen years; who was not afraid to make a stand against heedless men with hearts apparently set on drying up one source of revenue after another; who did not shrink from sconcing the powerful landed phalanx like other people; and who at the same time boldly used and manfully defended the most unpopular of all the public imposts. In politics the spectacle of sheer courage is often quite as good in its influence and effect as the best of logic. It was so here. While proposing that the income-tax should come to an end in seven years, he yet produced the most comprehensive analysis and the boldest vindication of the structure of the tax as it stood. His manner was plain, often almost conversational, but his elaborate examination of the principles of an income-tax remains to this day a master example of accurate reasoning thrown into delightful form. He admitted all the objections to it: the inquisition that it entailed, the frauds to which it led, the sense in the public mind of its injustice in laying the same rate upon the holder of idle and secured public funds, upon the industrious trader, upon the precarious earnings of the professional man. It was these disadvantages that made him plan the extinction of the tax at the end of a definite period, when the salutary remissions of other burdens now proposed would have had time to bring forth their fruits. As was said by a later chancellor of the exchequer, this speech not only won 'universal applause from his audience at the time, but changed the convictions of a large part of the nation, and turned, at least for several years, a current of popular opinion which had seemed too powerful for any minister to resist.'[291]
The succession duty brought Mr. Gladstone into the first conflict of his life with the House of Lords. That land should be made to pay like other forms of property Was a proposition denounced as essentially impracticable, oppressive, unjust, cowardly, and absurd. It was called ex post facto legislation. It was one of the most obnoxious, detestable, and odious measures ever proposed. Its author was a vulture soaring over society, waiting for the rich harvest that death would pour into his treasury. Lord Derby invoked him as a phœnix chancellor, in whom Mr. Pitt rose from his ashes with double lustre, for Mr. Gladstone had ventured where Pitt had failed. He admitted that nothing short of the chancellor's extraordinary skill and dexterity could have carried proposals so evil through the House of Commons.[292] Meanwhile the public counted up their gains: a remission on tea, good for twenty shillings a year in an ordinary household; a fall in the washing bill; a boon of a couple of pounds for the man who insured his life for five hundred; an easy saving of ten pounds a year in the assessed taxes, and so forth,—the whole performance ending with 'a dissolving view of the decline and fall' of the hated income-tax.
SUCCESSION DUTY AND REDEMPTION