276 " MY KINGDOM FOR A HORSE ! " 



has the lesson been learned that remedial legislation is 

 the fruit of outrage, and that a Liberal Ministry can 

 be stimulated by dynamite and assassinations into any 

 conceivable surrender. It is the old, fatal principle, first 

 inculcated by Mr Gladstone after the Clerkenwell explosion. 

 The mere sequence of concession on outrage must neces- 

 sarily prove disastrous, even though it is not admitted by 

 casuists that the connection of cause and effect exists 

 between them." 



In its first six months St Stephen's Review offices 

 consisted of but two rooms on the first and second floors 

 of David Bogue, the publisher, 3 St Martin's Place, W.C. 

 The early issues were far from brilliant. The continuous 

 anxiety of finance and all the ceaseless details of un- 

 wonted business perplexed me into stupidity; but Mr 

 Gladstone gave us a good advertisement when at the 

 Inaugural Banquet of the National Liberal Club, in early 

 May 1883, he said : 



We all know a class of our fellow-citizens a very humble 

 class who pursue their calling under no favourable conditions 

 in the streets of London, and whose lot, so far as my observation 

 goes, is only varied by their walking sometimes on the kerbstone 

 and sometimes in the gutter. (Laughter.) 



These fellow-citizens of ours have it for their lot that the manly 

 and interesting proportions of the human form are, in their case, 

 disguised, both before and after, by certain oblong formations, 

 which appear to have no higher purpose than what is called 

 conveying an advertisement. (Laughter.) It is to one of those 

 advertisements, conspicuous in the streets of London, that I wish 

 for a moment to call your attention. We have seen I think 

 it was about three weeks ago, and for a considerable time, but 

 perhaps the funds for the prolongation of the process may have 

 fallen short (Laughter) we have seen, I say, these placards 

 representing as an emblem the clock, the beautiful clock of the 

 tower of the Houses of Parliament, and this emblem was, as I 

 think, with a singular infelicity, appended to the announcement 

 of the foundation of a new Conservative journal. (Laughter.) 

 A Conservative, gentlemen and this is its great characteristic 

 a Conservative clock is always, in all circumstances, and on every 

 question, behind time. (Cheers.) 



