POLITICAL ECONOMY.

Among the great prime ministers of England Sir Robert Peel is to be
classed. He ranks with Pitt, Canning, and Gladstone for his intellectual
force, his services, and his patriotism. He was to England what Guizot
and Thiers were to France,--a pre-eminent statesman, identified with
great movements, learned, eloquent, and wise. He was a man of unsullied
character, commanding the respect and veneration of superior
minds,--reserved and cold, perhaps; not a popular idol like Fox and
O'Connell, but a leader of men.

There was no man in his cabinet more gifted or influential than he. Lord
Liverpool, Lord Melbourne, and Lord Aberdeen were placed in their
exalted posts, not for remarkable abilities, but by the force of
circumstances, for the purpose of uniting greater men than they in a
coalition in order to form a strong government. Thus, Canning really was
the master spirit in the cabinet of Lord Liverpool, as Lord Palmerston
was in that of Lord Aberdeen. Peel, however, was himself the controlling
intellect of the government of which he was the head, and was doubtless
superior in attainments and political genius to Wellington, to Earl
Grey, and Lord John Russell,--premiers like him, and prominent as
statesmen. Lord Goderich, Lord Stanley, Lord Althorp, Sir James Graham,
Mr. Goulburn, Lord Wharncliffe, Lord Howick, Earl Ripon, Mr. C. Wood,
Mr. Macaulay, Mr. Croker, were all very able ministers, but not to be
compared with Sir Robert Peel in shaping the destinies of the country.
His administration was an epoch in English political history, to be long
remembered as singularly successful and important.

Sir Robert Peel came from the people, although his father was a baronet