The New York herald., 1879-11-22
BEACONSFIELD'S SPEECH.

WHAT THE ENGLISH PREMIER SAID ABOUT
THE QUESTION OF EUROPEAN PEACE.
The following the principal passages of Lord
Beaconsfeld's speech at the Lord Mayors banquet.
held the 10th inst. parts Of which were lightly
touched by the cable:-
A year ago the commercial interests OF this coun-
try suffering under period of depression
which for length and severity almost unprece-
dented; and there were few year ago. even among
the sanguine, who looked forward to any rsllying
point in that depression. But at the present mo-
carrying on a traffic which three months ago
would have been supposed to be impossible;
will be revisl of trade. but whether the undoubted
revival that has taken place is temporary perma-
nent. Next to our agricultural interest, our manu-
facture OF iron in all its branches IL the most i'm
portant Of all industries. No doubt the revival
of that trade has been greatly owing to the demand
from the United States; but the returns which
have been published by the Board Of Trade
prove that our exports Of iron not limited
to the United States, but extend to every
part Of Europe and are not limited to the
United States and every part OF Europe but are
casoned by the miscellaneous demands OF our own
native industries, especially and remarkably in
the shipbuilding trade. believe that this revival
of trade Is permanent. believe 1t is permanent be-
cause find it il universal. This is u subject
which L am justified in congratulating the citizens
of London-trenewed cheers)--but in my mind there
the revival OF commerce. and that is the
admirable conduct OF the people of these
countries through the five years Of these
trials they have suffered. (Cheers) The
strain upon their resources has perhaps, been
equalled. and yet there has never been q murmur OF
discomfort. (''Hear, hear!o The voice OF sedition
has never been heard. (''Hear, hearty There has
been public meeting to express their discon
tent with the institutions OF their country-hear,
hear!" "-but there been general good sense and
general good feeling, proving how much they value
the institutions of the land in which they live.
IRELANDs CONDITION.
wish that our brilliant brethren in Ireland-(a
lish example. No doubt an imaginative people can
hardly be expected to follow such regular and log
much favored-(laug ghter) but confess myself ut
terly At loss to comprehend how the Irish people
have brought themselves to believe that tho best
remedies for economical distress political agita-
ton and social confusion NCheers) My Lord Mayor.
doubt there portions of ireland where Is
much-I will not say 1t exists at presentbut where
there is prospect. IL some remedy be not offered,
of considerable suffering--'hear, hcar!'')-and IL
that state of affairs unhappily to oc-
cur the Irish people might. think. remember
that they have appealed to the sympathy OF Eng
land never In vain and that sympathy has gener-
ally assumed a very substantial embodiment.
(.Hear, hearv' aud cheers.) Ny Lord Mayor 1t will
be the duty of Her Majesty's Ministers to watch
state of this portion of Ireland. but would venture
to hope that the Irish people, convinced upon reiec
tion that the sympathy OF England is a sentiment
which is never scantily supplied to them will even
condesccnd TO recollect that. though they had bad
harvest their harvest is much better than the har-
vest in England--('hcar, heart land though am
aware that the harvest OF Ireland is q matter of
greater Importance than the harvest in England
still that Is circumstance which should not be-
omitted from their memory.
THE PEACE OF EUROPE
On the subject OF European peace Lord Beacons-
Held said:-"H there be country, for example,
with the most extensive and wealthest empire in
the world, anu IL that country with perversc in
depreciation OF its nsular geographical character.
turns ON Indifferent the feelings and fortunes
OF Continental Europe, believe peace is endangered.
IL s to such indifference that attribute the occur
renee of many fatal But IL the power and all
vice of England heard in the councils OF Eu-
rope, have the conviction that peace will be main.
tanned, and maintained for n long period. Will
not say that with such condition peace Is inevitable,
but OF this ieel very certain that II England deserts
her natural post in the councils OF Europe war too