Note 61 — V

Sir Robert Peel, as is well known, did not fall into this error, and even Mr. Cobden appears to have recognised so early as 1849 that his original forecasts on this point were too optimistic. Speaking on January 10, 1849, he said: "At the last stage of the Anti-Corn Law Agitation, our opponents were driven to this position: 'Free Trade is a very good thing, but you cannot have it until other countries adopt it too.' And I used to say: 'If Free Trade be a good thing for us, we will have it; let others take it if it be a good thing for them; if not, let them do without it.'"