FullReads

Every Government, at the last, is of the people, by the people, but whether for the people depends upon whether the people are awake. And now England did not care for a radical change of rulers; all the citizens wanted was that those in power recede from their position and grant the relief demanded. The Queen now reconsidered the resignation of Sir Robert Peel and refused to accept it, and he again assumed the reins. An extraordinary session of the House of Commons was called and the Corn Laws were repealed. The House of Lords concurred. The nobility was absolutely routed, and Cobden, “the sooty manufacturer,” had won.

Strangely enough, panic did not follow, nor did the yeomanry go into bankruptcy. The breadstuffs flowed in, and the manufacturing population being better fed at a less outlay than formerly, had more money to spend. Great general prosperity followed, and the gentry, who had threatened to abandon their estates if the Corn Laws were repealed, simply raised their rents a trifle and increased the gaming limit.

Sir Robert Peel publicly acknowledged his obligation to Cobden, and Lord Palmerston, who had fought him tooth and nail, did the same, explaining, “A new epoch has arisen, and England is a manufacturing country, and as such the repeal of the Corn Laws became desirable.” As though he would say, “To have had free trade before this new epoch arose, would have been a calamity.” A large sum had been subscribed but not used in the agitation. And now by popular acclaim it was decided that this money should go to Cobden personally as a thank- offering. When the proposition was made, new subscriptions began to flow in, until the sum of eighty thousand pounds was realized. Cobden’s business had been neglected. In his fight for the good of the nation his own fortune had taken wing. He announced his intention of retiring from politics and devoting himself to trade, and this was that which, probably, caused the tide to turn his way. He hesitated about accepting the gift, which amounted to nearly half a million dollars, but finally concluded that only by accepting could he be free to serve the State, and so he acceded to the wishes of his friends. Some years later, Lord Palmerston offered him a baronetcy and a seat in the cabinet, but he preferred still to help the State as an outside advocate.

John Morley, the strongest and sanest of modern English statesmen, says:

“Cobden had an intrepid faith in the perfectibility of man. His doctrine was one of non-intervention; that the powerful can afford to be lenient; that mankind continually moves toward the light if not too much interfered with. By his influence the darker shapes of repression were banished from the education of the young; the insane were treated with a consideration before unknown; the criminal was regarded as a brother who deserved our gentlest consideration and patience; the time-honored and ineffective processes of violence and coercion fell into abeyance, and a rational moderation and enlightenment appeared on the horizon. He elevated and refined the world of business, just as he benefited everything he touched. His early death at the age of sixty-one seemed a calamity for England, for we so needed the help of his generous, gentle and unresentful spirit. He lived not in vain; yet years must pass before the full and sublime truths for which he stood are realized.”