The great defect of M. Kokovtsov is that he is above everything a financier, and this is not exactly what is required from the Head of a Government, who ought to look at things and at facts from a higher point of view than that of pounds, shillings, and pence, though these play such an important part in the world.

He has had very great successes in his administration of the Russian Exchequer, and certainly he has made for himself among European financial and commercial circles an excellent position and reputation, which he undoubtedly deserves. But his mind has remained for such a long time concentrated upon purely material questions that it is not to be wondered if other matters interest him less. Social matters have very little attraction for him, except perhaps in the sense that the condition of the working classes being connected with the financial one of the country could not be neglected. But it is to be doubted whether he has quite realised the danger that threatens not only Russia, but the whole world, from the army of artisans and factory workmen who now know what force they represent, and who want to take the upper hand in everything. In giving this character sketch I do not wish to detract from the solid qualities of the Prime Minister, nor to accuse him of lack of political foresight. On the contrary, I am convinced that he has made higher politics the subject of his studies, and that he has even mastered them in a certain sense, as well as a man who has taken to them late in life can do. His intelligence is extremely perceptive, and he is not wanting in finesse nor in diplomatic aptitude. His suave manners ensure him success with those with whom he has to deal, and certainly these qualities have impressed the Emperor favourably, and won him the confidence of his Imperial master; but nevertheless he has not proved himself so far able to take a leading position among Russian statesmen—I am not even thinking of foreign ones. The energy that distinguished M. Stolypin is not one of the characteristics of his successor, who is only firm where he can do so with impunity, and who is not gifted with the courage or the fatalism that made Stolypin view with such impassiveness the bullet or the knife which he was but too well aware would strike him one day. His ambitions also lead him in quite a different direction than that in which his predecessor travelled. M. Kokovtsov is not of a fighting temperament or disposition. He entertains for blood and sanguinary deeds the aversion that every clean man feels for dirty things, and he is a great lover of his own comfort and his own welfare. His placid temper makes him avoid every subject of dispute, and he is more insensible, than is the case with Russians in general, to the honours and dignities that have been showered upon him lately. Too wise to take upon himself a risk that might endanger the reputation for cleverness which he has succeeded in acquiring, he has managed to steer clear of difficulties and to make others responsible for his mistakes. His refusal to take upon himself the difficult duties of Minister of the Interior proceeded from the clear perception he had that this post was the one where responsibilities are the heavier and where one can the least escape them.

No one knows whether M. Kokovtsov’s opinions are Liberal or Conservative, so carefully has he always avoided parading his views before the public. Some people who know him well affirm that he is an opportunist. The fact is that he has seldom been cajoled into saying in private anything else than what he has uttered in public.

His last speech at the opening of the present session of the Duma was certainly a clever production, but it hardly bears analysis, because when examined carefully its emptiness becomes immediately apparent, and one realises that its contents are nothing but vague promises for which neither the Government represented by him nor the Emperor can be made responsible, so carefully have they been worded.

The Duma does not care for M. Kokovtsov, and does not appreciate the adroitness of his mind. At the same time it does not entertain for him the respect which, in spite of the hatred which he had inspired, it felt for the character of M. Stolypin. And if the present Legislative Assembly contained more independent elements, it is probable that the opposition to the person of the Prime Minister would take a more acute form. But the last elections have been conducted so entirely under the influence of the Government that with the exception of the most prominent members of the Opposition, such as M. Maklakov, M. Milioukov, and others of the same importance, scarcely any of the Deputies whose opinions made them the antagonists of the Cabinet were re-elected, and the official candidates stepped into their places. This last fact was entirely due to the clever manner in which M. Kokovtsov conducted the election campaign, and the instructions which he gave to the Governors of the different provinces of the Empire, as to the best way to ensure the success of the men in whom he had confidence, and whom he hoped to find submissive machines ready to vote according to his direction. Nevertheless, even this Assembly, composed almost entirely of his creatures and sycophants, became disgusted at some decisions of the Government and voted against it upon several occasions. In Russia, however, a Cabinet does not resign if it is in the good graces of the Sovereign, and M. Kokovtsov never dreamed of retiring on account of the censure of the Duma.

This does not mean that he will remain long in power. Very likely he had hoped to be able to resign the responsible post after the tricentennial celebrations of the Romanoff Dynasty, and as he did not then receive the title of Count, nor the blue ribbon of St. Andrew, he is doubtless waiting for another opportunity to arise, after which he will not be sorry to retire into private life.

His private fortune is considerable, and he has judiciously enlarged it during the years that he has been in office; he is clever enough to feel that his personal influence on the Emperor is not quite the same as it was earlier, and very likely he would prefer to retire into private life before this fact became generally suspected. I should not therefore be very much surprised if he left the field free to more enterprising spirits. He will be glad to retire with the knowledge that during his tenure of the Premiership no political crime darkened it, and that it was not disturbed by revolution.

The fact seems clear that the Anarchist party is once more coming to the front, and that very likely we shall soon see a new rebellion break out, better organised than the last one, with more partisans, and with more chances of success. The Universities, where, as usual, riots occurred earlier than in any other centre, have lately been the scene of tumultuous meetings, during which the students discussed the measures adopted by the Government in regard to them and in regard to the administration of the country. Censure votes were passed, and the agitation was so strong that at last the police interfered, with its usual brutality, which only aggravated the discontent of all these young people, among whom generally are found the first elements of a rebellion against the organised order of things.

On the other hand, in the different factories, of which so many exist in St. Petersburg, the anarchist propaganda has also made enormous progress; the recent strikes that have taken place prove it but too well. Though the country is certainly more prosperous than it has ever been, yet the growing cost of living has prevented many people from feeling this prosperity, and discontent is more apparent than a year or two ago.

M. Kokovtsov must be aware of this state of things, and very likely he is just a little tired of the perpetual anxiety under which he is obliged to work and to live. He is also not quite in accord with his colleagues, and not able, like M. Stolypin, to impose his own will against their intentions. His relations with M. Makarov, whom he had recommended for the post of Minister of the Interior, did not for long keep on an amicable footing, and the latter had to retire owing to some differences which arose between him and the Premier. M. Kokovtsov thought that the choice of the new Minister would be left to him, but there a surprise awaited him. The Emperor for once wanted to appoint a man whom he personally liked, and who had pleased him by the manner in which he had seemed to enter into the spirit of the orders which he had given to him. And without taking the advice of Vladimir Nicolaievitch, he appointed in the place of M. Makarov, M. Maklakov, Governor of the province of Tchernigov, a comparatively young man, under forty-five years—an age at which Ministers had never before been chosen—who had attracted his attention during his journey in the south at the time of M. Stolypin’s assassination. M. Maklakov, whose brother is the leader of the Opposition in the Duma, is just as Conservative in his opinions as the latter is Liberal. Like all the members of his family, he is clever, and some people see in him a second Stolypin. Whether this will be so remains to be seen, and it is too early to prophesy. The man is unknown, and of course surrounded by flatterers and jealous people. Those who see in him the favourite of the Sovereign cringe before him, and try to make themselves useful to him; those, on the contrary, who doubt his ability to replace M. Kokovtsov, which rumour says will soon be necessary, do not find words hard enough to condemn the choice that has placed him at the head of the most important Department in the Empire.