First, then, of the Income Tax. "Take it as you will, levy it as you please, this is a tax which is full of anomalies and inconveniences, pressing variously upon different classes of the community, with a complicated injustice which no modification can altogether remove." He declared his conviction in strong terms, that if the House of Commons had not implicitly relied on Sir Robert Peel's pledge that the Income Tax was to last for only three years, "it would not have consented to the imposition of it for an hour; ... there was no man living who believed that it would." And he added, "I hold it to be an object, not only of vital importance, but one to which the faith of successive Ministers has been pledged, that the Income Tax should not be permitted to degenerate into a permanent tax."
Secondly, as to Agricultural Distress. "I hold it to be an admitted and undisputed fact, that the land is, at this moment, the only suffering interest; and that it is labouring under an amount of taxation, of various descriptions, far exceeding the amount which falls upon other classes of the community.... By imposing a moderate duty on the imposition of foreign corn, you might raise a very considerable revenue for the country, while you would not materially raise the price to the consumer; but you would, by the acquisition of a duty of £1,500,000, or £2,000,000, enable the Government more rapidly to effect that object to which I have referred as of great advantage to the community at large—the extinction of the Income Tax.... The relief of the finances of the country, and the removal of that pressure of taxation, would infinitely and immeasurably exceed in advantage any possible trifling alteration in the price of food—and trifling indeed it must be—which could touch the consumer."
We beg particular attention to the following passage:—
"I express my frank opinion, that the question of Protection, or, if you please, the question of the unrestricted import of provisions, is one which must be settled by the country, once, and for ever, whenever it is appealed to for its decision. Should the next general election prove that the sense of the country is in favour of a perfectly unrestricted import of all provisions, unaccompanied by those duties which in other countries are imposed for purposes of revenue, upon all articles, and which in this country are imposed to a vast extent upon articles of prime necessity for consumption hardly inferior to bread itself, I, for one, and I believe the majority of your lordships and of Parliament, would respectfully bow to that expression of the sense of the country."
Lastly, As to Papal Aggression. Lord Stanley treated this question, which he solemnly pronounced to be "the most important of all important questions," in a spirit of resolute and comprehensive statesmanship. Sharing the universal indignation, at the impudent and dangerous attempt of the Pope upon the liberties of this country and the Queen's supreme authority, Lord Stanley denounced the petty legislation by which the Government proposed to meet it, as beneath contempt, and predicted precisely that which has come to pass. But what were his own views? And how would he have acted upon them? Let every Protestant in the Empire give ear.
"The real danger is this: The GRADUAL growth and encroachment of the power of the Pope, and of the prelates acting under his authority, in interfering with matters not purely and strictly religious, and in assuming to themselves powers, which if not in violation of the [letter of the] law of the land, are at variance with [the spirit of] that law.
"I conceive that there are grave questions depending upon the position of the Roman Catholics in this country, with regard to the rights of their own church, to the disposition of property, and the manner in which trust property is held for Roman Catholic purposes.
"I think it is a subject for inquiry, how religious houses of various descriptions are carried on in this country; and it is a grave question whether all religious houses should not be subjected to the power of visitation, in order that it may be ascertained that no persons are retained within them contrary to the law of the land.
"I should have recommended that, in both Houses of Parliament, inquiries should take place as to the actual relations in which the Roman Catholic subjects of the Queen stand towards the State, towards any foreign power, and towards their own priests and prelates. I would have advised that this subject should be fully investigated; the present anomalies of the law really exposed, and amendments suggested for the consideration of Parliament."