Now I take the liberty here, in the presence of an audience as intelligent as can be collected within the limits of this island, and of those who have the strongest claim to know what opinions I do entertain relative to certain great questions of public policy, to assert that I hold no views, that I have never promulgated any views on those controverted questions with respect to which I cannot bring as witnesses in my favour, and as fellow believers with myself, some of the best and most revered names in the history of English statesmanship.  About 120 years ago, the Government of this country was directed by Sir Robert Walpole, a great Minister, who for a long period preserved the country in peace, and whose pride it was that during those years he had done so.  Unfortunately, towards the close of his career, he was driven by faction into a policy which was the ruin of his political position.  Sir Robert Walpole declared, when speaking of the question of war as affecting this country, that nothing could be so foolish, nothing so mad as a policy of war for a trading nation.  And he went so far as to say, that any peace was better than the most successful war.  I do not give you the precise language made use of by the Minister, for I speak only from memory; but I am satisfied I am not misrepresenting him in what I have now stated.

Come down fifty years nearer to our own time, and you find a statesman, not long in office, but still strong in the affections of all persons of Liberal principles in this country, and in his time representing fully the sentiments of the Liberal party—­Charles James Fox.  Mr. Fox, referring to the policy of the Government of his time, which was one of constant interference in the affairs of Europe, and by which the country was continually involved in the calamities of war, said that although he would not assert or maintain the principle, that under no circumstances could England have any cause of interference with the affairs of the continent of Europe, yet he would prefer the policy of positive non-interference and of perfect isolation rather than the constant intermeddling to which our recent policy had subjected us, and which brought so much trouble and suffering upon the country.  In this case also I am not prepared to give you his exact words, but I am sure that I fairly describe the sentiments which he expressed.

Come down fifty years later, and to a time within the recollection of most of us, and you find another statesman, once the most popular man in England, and still remembered in this town and elsewhere with respect and affection.  I allude to Earl Grey.  When Earl Grey came into office for the purpose of carrying the question of Parliamentary Reform, he unfurled the banner of ‘Peace, retrenchment, and reform’, and that sentiment was received in every part of the United Kingdom, by every man who was or had been in favour of Liberal principles, as predicting the advent of a new era which should save his country from many of the calamities of the past.