This was the last serious attempt he made to obtain the necessary supplies from any other source than his pen. He betook himself steadily to reviewing and other literary work. The Annual Register offered him constant employment till the Quarterly was established. For his residence, he thought first of Richmond, on the Thames; then of the Valley of Neath in Wales; finally, he established himself at Keswick.
We have thus brought down his biography to the period when, his political opinions considerably modified, and his literary avocations clearly defined before him, he takes up his residence at that place which will for ever be associated with his name, and assumes that character and position in which he was so long known and honoured by his contemporaries. Before leaving England, on his second voyage to Lisbon, he had written Madoc, (that is, in its rough state,) and had composed the greater part of Thalaba. The concluding books of Thalaba—that charming episode of Laila—were written amongst the hills and the cork forests of Cintra. The completed manuscript was sent to England, and was published soon after his own return. Madoc there received its last corrections and additions. The time is now come when we can take a glance at these and other poetical works, which were, and still are, the basis of his fame. The author is now himself moored safely in still waters, and his life henceforth is little more than the history of his writings, of his mind, his opinions, and his acts of beneficence; for these last occupy no small space in it. No relative can put in a claim to his assistance but it is granted to the utmost of his power, and often beyond such restrictions as prudence, and a regard to nearer claims, would suggest. He is open to the very enthusiasm of friendship, and prepared for any self-sacrifice that the most romantic sense of duty can demand. Nor is there any young poet struggling with that world which his love of letters has made appear so harsh and cruel, to whom Southey does not extend his sympathy, his guidance, and his aid. But as the remaining portion of our task would occupy more space than we could assign to it, and as we have arrived at a fair halting-place, we will here break off for the present.
THE MINISTRY AND THE AGRICULTURAL INTEREST
In the Speech delivered from the Throne at the opening of the present Session of Parliament, the following passage will be found:
"Notwithstanding the large reductions of taxation which have been effected in late years, the receipts of the Revenue have been satisfactory. The state of the Commerce and Manufactures of the United Kingdom has been such as to afford general employment to the labouring classes. I have to lament, however, the difficulties which are still felt by that important body among my people who are owners and occupiers of land; but it is my confident hope that the prosperous condition of other classes of my subjects will have a favourable effect in diminishing those difficulties, and promoting the interests of agriculture."
Without attaching too much importance to the phraseology of this Address, it will, we think, be admitted by every one who recollects the dissensions of last year, that her Majesty's Ministers, by inserting in the royal Address this acknowledgment of the difficulties under which the owners and occupiers of land are labouring, have virtually abandoned their ground; and are not now, as formerly, prepared to maintain that agricultural depression, arising from low prices, is to be considered simply as an accident, and not as the result of legislation. Last year we were told, on high Ministerial authority, that the low prices then current were merely exceptional, and could not continue; and that a signal check had been given to the importation of foreign grain. "Therefore," said Sir Charles Wood, "the farmer need not apprehend that ruin from the operation of Free Trade, which he at present anticipates from prices under 40s. a quarter." But time, more infallible than Sir Charles Wood, or any other Chancellor of the Exchequer, has proved that all these notions are fallacies. The importation continues, and prices droop. During the twelve months which have elapsed, there has been no symptom of rallying; and it is now almost universally admitted, that the depreciation of the value of agricultural produce is permanent, and must so continue in the absence of a protective duty.
We are always glad to see a fallacy cleared out of our path. The idea that high-farming can ever be made an adequate substitute for protection, was exploded last year; and now the efforts of the Whigs to demonstrate that importations cannot continue, have been abandoned. The state of the case is precisely that which we laid before the public in January 1850; and no one thinks of denying it. Even those journals, which, from time to time, have hazarded vaticinations as to rises in the value of produce, are compelled to acknowledge their fallibility, or drop their pretensions to the mantle of the gifted seer.
The matter is, therefore, very materially simplified. We are justified in holding that henceforth, under the system of free ports, the average price of the quarter of wheat in England will not exceed 40s., and may possibly be much lower when the resources of the Continent and America, both aware of their market, are fully developed. In Scotland, the average must necessarily be two or three shillings less. A corresponding fall has taken place, and will continue, in all other kinds of cereal crop and of provisions. If these data are admitted—and a very short period will now suffice to establish or refute their accuracy—the agricultural question may be discussed without any specialities whatever. Every man throughout the country will have the means of forming his judgment upon the actual working of the measure, and its effect, both direct and indirect, upon all branches of British industry. It is most desirable, on every account, that there should be no mistake as to this. Our opponents—perhaps naturally enough exasperated at the prolongation of a combat in which they have been uniformly worsted when the weapons of argument were employed, and being moreover aware, from symptoms which are everywhere, manifested, that the period of delusion is nearly gone by—have over and over again charged the country party and its chiefs with a desire to cut short the experiment, before its results were sufficiently apparent. We need hardly say that the charge is utterly unfounded. We have no wish to precipitate matters, or to effect by a coup-de-main that alteration which never can be permanent unless based on the conviction of the majority of the constituencies of the Empire. We have no desire to take a leaf from the book of recent statesmen, and to induce members of Parliament to act contrary to those declarations on the faith of which they were returned. But we are entitled—nay, we are bound—to watch the experiment as it proceeds, and ever and anon to declare our honest and sincere opinion as to the nature of its working. We cannot shut our eyes to the vast injury which it is causing, and has already caused, to a most important and numerous class of our fellow-countrymen; we cannot reconcile ourselves to the operation of a system which has undoubtedly disappointed the expectations even of its founders. We have, therefore, whenever that was needful, expressed our opinion without any reservation whatever; and we shall continue to do so, not the less confidently because the views which we entertain are now openly adopted and received by many who were heretofore unwilling to disturb a course of legislation which had been deliberately sanctioned by the State.
We beg to assure the Free-Traders that we never, for one moment, underestimated the advantages of their position. At the commencement of this Parliament, they had a majority large enough—supposing that their cause was good, and their boasted experiment successful—to render all idea of a return of protection perfectly futile and hopeless. And, therefore, we were told, day after day, and month after month, that it was in vain for us to struggle against the tide—that a course of policy such as this, once commenced, must be regarded as irrevocable—and that we were merely losing time in demonstrating, what latterly was hardly denied, that the agricultural interest could not maintain itself under the pressure of the growing competition. But those who held such language seemed to have forgotten that the experiment, upon the success of which they had staked their reputation for sagacity, was all the while progressing before the eyes of the nation. Had its progress been successful and satisfactory, the country party must long ere this have dwindled away into nothing. Can our opponents not see that it is the failure of Free Trade alone which constitutes our strength? In the late debate upon Mr Disraeli's motion, Sir James Graham, who is certainly not apt to exaggerate the power of his opponents, spoke as follows: "I see very plainly that we are on the eve of a great and serious struggle. I see a party of gentlemen in this and the other house of Parliament, powerful in numbers, powerful in the respect in which they are held for their personal and hereditary virtues, having great influence in the country, and great possessions. They are an interest which, up to the present moment, has commanded great influence with the Government; and, with the main body of the community at their back, they exercise a power upon any question that is irresistible.... With such opponents it behoves us to gird up our loins. I know not whether the watchword, 'Up, guards, and at them!' may not already have been given. It is clear to me that the opponents of protection must prepare for a severe contest. They must stand upon the defensive. They must stand to their arms, and close their ranks, and prepare for a firm, manly, and uncompromising resistance!" Now, considering that not more than two years have elapsed since it was the fashion of the Liberal journals to aver that the country party was all but extinct, helpless in the House of Commons, and unsupported beyond its doors, this estimate of Sir James Graham is undoubtedly remarkable. We are naturally led to inquire how it is that the cause of protection has made so prodigious a stride—why it should now appear so formidable in the eyes of an old and experienced statesman? No other reason can be assigned than the justice of the cause which the country party have maintained, and the failure of the experiment to which their adversaries were pledged. If there are any new "opponents" to Free Trade within the House of Commons, they have either been sent there by constituencies since the present Parliament was summoned, or they have become convinced of the error of their former views, and seceded from the Ministerial ranks. If, beyond the House of Commons, men are changing their opinions to that extent which Sir James Graham indicates, surely that is no argument in favour of the party which still is dominant—no testimony which can be adduced to support the wisdom of their policy. Rather should it be to us a great encouragement to persevere as we have begun, for it conveys a direct acknowledgment of the truth of those arguments which we have all along maintained.