of government and defence. Nothing can by any possibility tend more to the corruption of a Government than enormous revenues. We have heard lately of instances of certain joint-stock institutions with very great capital collapsing suddenly, bringing disgrace upon their managers and ruin upon hundreds of families. A great deal of that has arisen, not so much from intentional fraud, as from the fact that weak and incapable men have found themselves tumbling about in an ocean of bank-notes and gold, and they appear to have lost all sight of where it came from, to whom it belonged, and whether it was possible by any maladministration ever to come to an end of it. That is absolutely what is done by Governments. You have read in the papers lately some accounts of the proceedings before a Commission appointed to inquire into alleged maladministration with reference to the supply of clothing to the army, but if anybody had said anything in the time of the late Government about any such maladministration, there is not one of those great statesmen, of whom we are told we ought always to speak with so much reverence, who would not have got up and declared that nothing could be more admirable than the system of book-keeping at Weedon, nothing more economical than the manner in which the War Department spent the money provided by public taxation. But we know that it is not so. I have heard a gentleman—one who is as competent as any man in England to give an opinion about it—a man of business, and not surpassed by any one as a man of business, declare, after a long examination of the details of the question, that he would undertake to do everything that is done not only for the
