and iron, or that they would get to be so much dearer than the coal and iron of America that it would no longer be worth while to work them, and that therefore we ought to insure against the loss of our artificial position as the great centre of trade, by making ourselves secure and strong and respected. We thought we were living in a commercial millennium, which must last for a thousand years at least. After all, the bitterest part of our reflection is, that all this misery and decay might have been so easily prevented, and that we brought it about ourselves by our own shortsighted recklessness. There, across the narrow Straits, was the writing on the wall, but we would not choose to read it. The warnings of the few were drowned in the voice of the multitude. Power was then passing away from the class which had been used to rule, and to face political dangers, and which had brought the nation with honour unsullied through former struggles, into the hands of the lower classes, uneducated, untrained to the use of political rights, and swayed by demagogues; and[Pg 95] the few who were wise in their generation were denounced as alarmists, or as aristocrats who sought their own aggrandisement by wasting public money on bloated armaments. The rich were idle and luxurious; the poor grudged the cost of defence. Politics had become a mere bidding for Radical votes, and those who should have led the nation stooped rather to pander to the selfishness of the day, and humoured the popular cry which denounced those who would secure the defence of the nation by enforced arming of its manhood, as interfering with the liberties of the people. Truly the nation was ripe for a fall; but when I reflect how a little firmness and self-denial, or political courage and foresight, might have averted the disaster, I feel that the judgment must have really been deserved. A nation too selfish to defend its liberty, could not have been fit to retain it. To you, my grandchildren, who are now going to seek a new home in a more prosperous land, let not this bitter lesson be lost upon you in the country of your adoption. For me, I am too old to begin life again in a strange country; and hard and evil as have been my days, it is not much to await in solitude the time which cannot now be far off, when my old bones will be laid to rest in the soil I have loved so well, and whose happiness and honour I have so long survived.

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