Still, though on this single point the success of the scheme did not fully correspond to the hopes of those who had framed it, it was one which did great honor to their ingenuity as well as to their philanthropy (Lord Stanley, as Colonial Secretary, being the minister to whose department it belonged). And the nation itself is fairly entitled to no small credit for its cordial, ungrudging approval of a measure of such unprecedented liberality. Indeed, the credit deserved was frankly allowed it by foreign countries. To quote the language of an eloquent historian of the period, “the generous acquiescence of the people under this prodigious increase of their burdens has caused the moralists of other nations to declare that the British Act of Emancipation stands alone for moral grandeur in the history of the world."[228] And, in respect of the personal liberty of the subject, it may be said to have completed the British constitution; establishing the glorious principle, that freedom is not limited to one part of our sovereign’s dominions, to these islands alone, but that in no part of the world in which the British flag is erected can any sort of slavery exist for a single moment.
The abolition of the political authority of the East India Company, which took place some years after the time at which we have arrived, and which will be mentioned in a subsequent chapter, would make it unnecessary to mention the renewal of its charter, which took place at this time, were it not that the force of public opinion again made itself felt in some important limitations of its previous rights. The monopoly of the trade with China which the Company had hitherto enjoyed was resented as an injustice by the great body of our merchants and ship-owners, who contended that all