say that Kingston and Reigate would soon be joined to London. We thought we could go on building and multiplying for ever. ’Tis true that even then there was no lack of poverty; the people who had no money went on increasing as fast as the rich, and pauperism was already beginning to be a difficulty; but if the rates were high, there was plenty of money to pay them with; and as for what were called the middle classes, there really seemed no limit to their increase and prosperity. People in those days thought it quite a matter of course to bring a dozen children into the world—or, as it used to be said, Providence sent them that number of babies; and if they couldn’t always marry off all the daughters, they used to manage to provide for the sons, for there were new openings to be found in all the professions, or in the Government offices, which went on steadily getting larger. Besides, in those[Pg 19] days young men could be sent out to India, or into the army or navy; and even then emigration was not uncommon, although not the regular custom it is now. Schoolmasters, like all other professional classes, drove a capital trade. They did not teach very much, to be sure, but new schools with their four or five hundred boys were springing up all over the country.

[Pg 18]

[Pg 19]

Fools that we were! We thought that all this wealth and prosperity were sent us by Providence, and could not stop coming. In our blindness we did not see that we were merely a big workshop, making up the things which came from all parts of the world; and that if other nations stopped sending us raw goods to work up, we could not produce them ourselves. True, we had in those days an advantage in our cheap coal and iron; and had we taken care not to waste the fuel, it might have lasted us longer. But even then there were signs that coal and iron would soon become cheaper in foreign parts; while as to food and other things, England was not better off than it is now. We were so rich simply because other nations from all parts of the world were in the habit of sending their goods to us to be sold or manufactured; and we thought that this would last for ever. And so, perhaps, it might have lasted, if we had only taken proper means to keep it; but, in our folly, we were too careless even to insure our prosperity, and after the course of trade was turned away it would not come back again.

[Pg 20]

[Pg 20]

And yet, if ever a nation had a plain warning, we had. If we were the greatest trading country, our neighbours were the leading military 

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