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Updated: May 12, 2025
Loud murmurs ran through the audience, and cries of "That's so!" and counter cries of "Freetrader!" were heard on all sides. John's great voice rang out like a trumpet. He knew the sensitiveness of his townsmen on the point. "I am not speaking against protection," he said, and at the magic word "protection" a dead silence again fell over the vast crowd.
Originally a Conservative, he had become a freetrader with Sir Robert Peel, and for the next few years was a prominent member of the Peelite party. During Lord Palmerston's second administration, he made a most successful Chancellor of the Exchequer.
I will only say, to guard against suspicion of unfair prejudice, that, as a Democrat, a freetrader, a state-rights man, individualist, and anti-imperialist, I naturally disapproved of many acts of his administration, of the administration of his predecessor, and of his party in general.
If Britain has at any time since complained of American protective policy, she must remember that it was inherited by British colonies, and was fostered by a desire to retaliate on her with her own methods before she became a freetrader. The debates on tariff and public improvements of 1824 indicated a speedy termination of the era of good feeling and a return to some kind of political parties.
One of Sir Robert Peel's biographers, evidently a great admirer of his, says of him that he was a freetrader in principle long before 1845 ; whilst his enemies assert, that having been placed by the Tory party at the head of a Protectionist Government, he betrayed that party and suddenly threw himself into the arms of the Corn Law League. Neither of these views appears to be quite correct.
But one of our pleasantest memories was of a day spent with the great freetrader and Mrs. Reid at their Strathfield home. I was anxious to hear Mr. Reid speak, and was glad when the opportunity arose on the occasion of a no-confidence debate.
Visiting Uncle and Aunt Handyside and grown-up cousins, whom I left children, I saw a lot of good farming and the easy circumstances which I always associated with tenants' holdings in East Lothian. Next farm to Fenton was Fentonbarns, a Show place, which was held by George Hope, a cousin of my grandmother's He was an exceptional man a radical, a freetrader, and a Unitarian. Cobden died that year.
Perhaps no other man underwent more obloquy from his old friends for taking the side of Graham Berry, especially as he was a Freetrader, and the popular party was Protectionist. He justified his action by saying that a mistake in the fiscal policy of a country should not prevent a real Democrat from siding with the party which opposed monopoly, especially in land.
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