Peace and sound finance, which is inseparable from peace, have certainly never been more essential to India than at the present juncture.  For without them the difficulty of solving the most absorbing and urgent of the internal problems of India will be immeasurably enhanced.  There is a lull in the storm of unrest, but after the repeated disappointments to which official optimism has been subjected within the last few years, he would be a sanguine prophet who would venture to assert that this lull presages a permanent return to more normal conditions.  Has the creation of a new political machinery which gives a vastly enlarged scope to the activities of Indian constitutional reformers, definitely rallied the waverers and restored courage and confidence to the representatives of sober and law-abiding opinion, or will they continue to follow the lead of impatient visionaries clamouring, as Lord Morley once put it, for the moon which we cannot give them?  Have the forces of aggressive disaffection been actually disarmed by the so-called measures of “repression,” or have they merely been compelled for the time being to cover their tracks and modify their tactics, until the relaxation of official vigilance or the play of party politics in England or some great international crisis opens up a fresh opportunity for militant sedition?  To these momentous questions the next five years will doubtless go far to furnish a conclusive answer, and it will be determined in no small measure by the statesmanship, patience, and firmness which Lord Hardinge will bring to the discharge of the constitutional functions assigned to him as Viceroy—­i.e., as the personal representative of the King Emperor, and as Governor-General in Council—­i.e., as the head of the Government of India.

I have attempted, however imperfectly, to trace to their sources some of the chief currents and cross-currents of the great confused movement which is stirring the stagnant waters of Indian life—­the steady impact of alien ideas on an ancient and obsolescent civilization; the more or less imperfect assimilation of those ideas by the few; the dread and resentment of them by those whose traditional ascendency they threaten; the disintegration of old beliefs, and then again their aggressive revival; the careless diffusion of an artificial system of education, based none too firmly on mere intellectualism, and bereft of all moral or religious sanction; the application of Western theories of administration and of jurisprudence to a social formation stratified on lines of singular rigidity; the play of modern economic forces upon primitive conditions of industry and trade; the constant and unconscious but inevitable friction between subject races and their alien rulers; the reverberation of distant wars and distant racial conflicts; the exaltation of an Oriental people in the Far East; the abasement of Asiatics in South Africa—­all these and many other conflicting influences culminating in the