A great statesman might, by judicious and timely reformations by reconciling the two great branches of the natural aristocracy, the capitalists and the landowners, and by so widening the base of the government as to interest in its defence the whole of the middle class that brave, honest, and sound-hearted class, which is as anxious for the maintenance of order and the security of property, as it is hostile to corruption and oppression, succeed in averting a struggle to which no rational friend of liberty or of law can look forward without great apprehensions.  There are those who will be contented with nothing but demolition; and there are those who shrink from all repair.  There are innovators who long for a President and a National Convention; and there are bigots who, while cities larger and richer than the capitals of many great kingdoms are calling out for representatives to watch over their interests, select some hackneyed jobber in boroughs, some peer of the narrowest and smallest mind, as the fittest depository of a forfeited franchise.  Between these extremes there lies a more excellent way.  Time is bringing round another crisis analogous to that which occurred in the seventeenth century.  We stand in a situation similar to that in which our ancestors stood under the reign of James the First.  It will soon again be necessary to reform that we may preserve, to save the fundamental principles of the Constitution by alterations in the subordinate parts.  It will then be possible, as it was possible two hundred years ago, to protect vested rights, to secure every useful institution, every institution endeared by antiquity and noble associations, and, at the same time, to introduce into the system improvements harmonizing with the original plan.  It remains to be seen whether two hundred years have made us wiser.

We know of no great revolution which might not have been prevented by compromise early and graciously made.  Firmness is a great virtue in public affairs; but it has its proper sphere.  Conspiracies and insurrections in which small minorities are engaged, the outbreakings of popular violence unconnected with any extensive project or any durable principle, are best repressed by vigour and decision.  To shrink from them is to make them formidable.  But no wise ruler will confound the pervading taint with the slight local irritation.  No wise ruler will treat the deeply seated discontents of a great party, as he treats the fury of a mob which destroys mills and power-looms.  The neglect of this distinction has been fatal even to governments strong in the power of the sword.  The present time is indeed a time of peace and order.  But it is at such a time that fools are most thoughtless and wise men most thoughtful.  That the discontents which have agitated the country during the late and the present reign, and which, though not always noisy, are never wholly dormant, will again break forth with aggravated symptoms, is almost as certain as that the tides and seasons will follow their appointed course.  But in all movements of the human mind which tend to great revolutions there is a crisis at which moderate concession may amend, conciliate, and preserve.  Happy will it be for England if, at that crisis her interests be confided to men for whom history has not recorded the long series of human crimes and follies in vain.