This regard for the liberties of Europe, this care at one time for the protestant interest, this excessive love for the balance of power, is neither more nor less than a gigantic system of outdoor relief for the aristocracy of Great Britain.

I would prefer to have one comfortable room well stocked with books to all you could give me in the way of decoration which the highest art could supply.

I am for peace, retrenchment and reform, the watchword of the great Liberal Party thirty years ago.

As to the Income Tax, my opinion is that the needful revenue would be fairly and most fairly raised if paid by property, and by individuals in proportion to their property. A Property Tax should be an assessment upon all land and buildings, and canals and railroads, but not on property such as machinery, stock in trade, etc. The aristocracy have squeezed all they can out of the mass of the consumers, and now they lay their daring hands on those not wholly impoverished.

Possibly you are not aware of the fact that the largest sum given by any contributor to the fund is but a trifle when compared with the losses suffered by nearly all the firms in the cotton trade during the disastrous years of the American war.

We have had a great depression in agriculture, caused mainly by several seasons of bad harvests, and some of our traders have suffered much from a too rapid extension in prosperous years.

The Government and the Parliament, even the House of Lords, will consent to a large increase of electors; and men who have not considered the subject fully will imagine they have gained much by the concession.