and secure greater punctuality and despatch; adding, that our sailors had the greatest natural aptitude for the sea of any in the world. The only drawbacks, he continued, were of a moral kind, insubordination and drunkenness; but these would yield to better culture. We heard a great outcry about the burdens of the landowner, such as county-rates, highway-rates, poor-rates, and church-rates; but the shipowner paid none of these, being exempted from any such burdens. Therefore, on the score of taxation, the shipowner and the sailor were infinitely better able to compete with the foreigner than any other class of the community. Mr. Cobden then reviewed the position of the shipbuilder, the shipowner, and the sailor, and contended that they had no need to fear competition with the foreigner. He regretted that the power of retaliation should be given to the Queen in Council, not that he believed it would ever be acted upon, and, after repudiating the boastful language so frequently held respecting England's naval supremacy, he asked, "was this a time to be always singing 'Rule Britannia'?" concluding his remarks by stating, with great wisdom, that constant assertion of maritime supremacy was calculated to provoke kindred passions in other nations; whereas, if Great Britain enunciated the doctrines of peace, she would invoke similar sentiments from the rest of the world.
Mr. Disraeli. Mr. Disraeli, at that time exhibiting no mean promise of future distinction, delivered an eloquent speech, illustrated with that brilliant rhetoric, sarcastic humour and point, for which he has been ever famous in debate. There was nothing, he said, more fatal to national interests than the recklessness of
