In a letter to his wife seven years later, Mr. Gladstone says of this dispute, 'Mr. Arbuthnot told me to-day an observation of Sir George Lewis's when at the exchequer here. Speaking of my controversy with the Bank in 1854, he said, "It is a pity Gladstone puts so much heat, so much irritability into business. Now I am as cool as a fish."' The worst of being as cool as a fish is that you never get great things done, you effect no improvements, and you carry no reforms, against the lethargy or selfishness of men and the tyranny of old custom.[334]

Now also his attention was engaged by the controversies on currency that thrive so lustily in the atmosphere of the Bank Charter Act, and, after much discussion with authorities both in Lombard Street and at the treasury, without committal he sketched out at least one shadow of a project of his own. He knew, however, that any great measure must be undertaken by a finance minister with a clear position and strong hands, and he told Graham that even if he saw his way distinctly to a plan, he did not feel individually strong enough for the attempt. Nor was there time. To reconstitute the Savings Bank finance, to place the chancery and some other accounts on a right basis, and to readjust the banking relations properly so-called between the Bank and the state, would be even more than a fair share of financial work for the session. Before the year was over he passed a bill, for which he had laid before the cabinet elaborate argumentative supports, removing a number of objections to the then existing system of dealing with the funds drawn from Savings Banks.[335]

The year closed with an incident that created a considerable stir, and might by misadventure have become memorable. What has been truly called a warm and prolonged dispute[336] arose out of Mr. Gladstone's removal of a certain official from his post in the department of woods and forests. As Lord Aberdeen told the Queen that he could not easily make the case intelligible, it is not likely that I should succeed any better, and we may as well leave the thick dust undisturbed. Enough to say that Lord John Russell thought the dismissal harsh; that Mr. Gladstone stood his ground against either the reversal of what he had done, or any proceedings in parliament that might look like contrition, but was willing to submit the points to the decision of colleagues; that Lord John would submit no point to colleagues 'affecting his personal honour'—to such degrees of heat can the quicksilver mount even in a cabinet thermometer. If such quarrels of the great are painful, there is some compensation in the firmness, patience, and benignity with which a man like Lord Aberdeen strove to appease them. Some of his colleagues actually thought that Lord John would make this paltry affair a plea for resigning, while others suspected that he might find a better excuse in the revival of convocation. As it happened, a graver occasion offered itself.

FOOTNOTES:

[331] Northcote, Financial Policy, p. 242; Buxton, Mr. Gladstone: A Study, pp. 154-5.

[332] Greville, Part III. i. pp. 150, 151, 157.

[333] Not many years before (1838), Talleyrand had surprised the French institute by a paper in which he passed a eulogy on strong theological studies; their influence on vigour as well as on finesse of mind; on the skilful ecclesiastical diplomatists that those studies had formed.

[334][See Appendix.]

[335] 17 and 18 Vict., c. 50.

[336] Walpole's Russell, ii. p. 243 n.