much more mouth-filling morsel of one hundred million pounds. Mr.
CHAMBERLAIN considered it very handsome of the Opposition, on the
eve, he understood, of coming into office, thus to cut off its own
supplies. Nevertheless he declined to accept the generous offer. Our
finances would be all right if the House would back the Government by
practising economy as well as preaching it. As it was, he thought the
worst was over, for--strange and agreeable phenomenon--the floating
debt was sinking.

After this it was, perhaps, not very complimentary'of Mr. J.W. WILSON
to urge the Government to put forth their best speakers. The PRIME
MINISTER was still coy, but Sir ROBERT HORNE, in virtue of his new
office as President of the Board of Trade, stepped nimbly into the
breach, and made a speech so cheerful both in substance and delivery
as to justify the hope that in him the Government have found the HORNE
of Plenty.

_Wednesday, March 17th_.--Seventeen years ago Lord BALFOUR OF
BURLEIGH, as a hard-shell Free Trader, sacrificed office sooner than
bow the knee to the new gods of Birmingham. This afternoon he brought
in a Bill (to safeguard "key industries" and counteract "dumping")
which would have gladdened the heart of Mr. JOSEPH CHAMBERLAIN. Some
of the other Free Trade Peers were still unrepentant. Lord BEAUCHAMP,
for example, declaring that shipping was our real "quay-industry" and
needed no protection, announced his intention of moving the rejection
of the Bill; and Lord CREWE, although one of the authors of the Paris
resolutions, on which the measure was ostensibly based, thought that
it went far beyond present necessities. The only dumps with which
Germany was likely to be associated for some time to come were
doleful, not aggressive.