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fierce. There is a growing effort to work in the thin wedge of "a moderate tariff, not protective but defensive," but the opposition are fighting it with every weapon in their armory of protest. England to-day is not self-supporting, her rural industries have been declining for years, and the country receives from abroad the far larger quantity of its food and raw material. Thirty per cent of the people are underfed and on the verge of hunger. Thirty per cent of forty-one millions comes to over twelve millions. This significant statement comes from the lips of Sir Henry Campbell-Bannerman, the new English premier, in a speech against the proposal for preferential tariffs with the colonies, at Perth, on June 5, 1903. Three years has not changed the situation for the better. Winston Churchill, M.P., puts the situation thus: The mass of people are absolutely dependent for the food they eat and the material they employ upon supplies of food and raw material which reach them mainly from abroad. They are dependent on the condition of a crop at one end of the world and the state of a market at the other; and yet, upon this artificial foundation, through this inestimable advantage of unfettered enterprise and of unrestricted sea-communication, they have been able to build up a vast industrial fabric which it is no exaggeration to say is the economic marvel of the world. In 1904, the amount of merchandise brought into the United Kingdom was nearly $2,740,000,000. For thirty years England's imports have been rapidly increasing, while her exports, comparatively speaking, have remained stationary. The situation can be put in a way readily appreciated by Americans if we realize that the entire British Isles are smaller than New Mexico, and yet contain about half as many people as are in the United States. It is the foreign trade of Great Britain that is claimed to be the salvation of the nation. In 1904 this amounted to over $4,600,000,000, and last year, the figures for which have not yet been published, was the greatest in oversea trade in the history of the nation. Sir Henry Fowler, a leader of the Liberals, said, in a recent speech: The question of free trade is the greatest which has been before the country for the past half century. The young men of to-day are absolutely ignorant. They do not know what it means and the issues it involves. If the great sy
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