It is a question which must sooner or later force itself upon everybody's attention and I see before me many who I know sympathise, so far as that important principle is concerned, with the policy of the Government. Look at this question of direct taxation – the most important question of the day. When parties are balanced – when a Government cannot pass its measures – the highest principles of public life, the most important of the dogmas of politics, degenerate into party questions. The grievance is deeper than mere questions of party consideration. What was the consequence of that Government thus existing upon sufferance? What was the consequence to the finances of the country? Why, that injurious, unjust, and ignoble transaction respecting the commutation of the window tax and house duty, which now I am obliged to attempt to remedy. I remember a Budget which was withdrawn, and re-withdrawn, and withdrawn again in the year 1848. No, Sir I have seen the consequences of a Government not being able to pass their measures – consequences not honourable to the Government, not advantageous to the country, and not, in my opinion, conductive to the reputation of this House, which is most dear to me.
Pitt, but I will not submit to the degradation of others. Pitt withdrew his Budget, and I know that more recently other persons have done so too. I have been told to withdraw my Budget, I was told that Mr. He did the opposite:īut some advice has been offered to me which I ought, perhaps, to notice. If he had anticipated some chance that his budget might carry, he would have charmed the pivotal Peelites. Of his proposal to close down the Public Works Loans Board he said: ‘of all the speculations that man ever engaged in, no speculation was ever so absurd as that of Battersea Park’. As Disraeli knew his government was likely to be defeated, Footnote 4 his budget winding-up speech was a stream of brilliant sarcastic invective. The general election of that year had led to a hung Parliament in which the Peelites held the balance. Gladstone, became the centre force in British politics.īy December 1852, Disraeli was chancellor of the Exchequer in a minority Tory government.
Peel was killed by a fall from his horse in 1850, but the Peelites, led by Lord Aberdeen, Sir James Graham and W. His bitterest and most sarcastic enemy among the protectionist Tories was Benjamin Disraeli, who crafted a coalition of the extremes – Tories and Irish – to defeat Peel on an Irish Coercion Bill soon after and end Peel's political career. Only a third of it supported him in the Commons he carried the repeal on Opposition votes.
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Footnote 3 Peel enacted free trade in agriculture against the material interests of the median Tory in both Houses, who was a landowner and therefore a beneficiary of protection, which raised the prices of agricultural outputs. In 1846 came the first great fracture of Victorian politics: the repeal of the Corn Laws by the Tory prime minister, Sir Robert Peel.
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