1 SEPTEMBER 1894, Page 14

LETTERS TO THE EDITOR.

COBDENISM.

[To THE EDITOR OP THE " EPECTATOR."] Sza,—I trust that, in fairness to myself, you will allow me to point out that the bimetallic " red-herring" which Mr. Hanbury has introduced is nihil ad rem. So far, at least, as wheat is concerned, Cobden undoubtedly maintained that we should buy in the cheapest market. To pacify the agricul- tural interest, he chose to ignore the possibility of foreign wheat being landed in England under a certain price ; but he certainly nowhere said or implied that he would object to its importation, at however low a price. Mr. Hanbury is doubt- less aware that, if I seem to Cobdenites a heretic, he holds, if a bimetallist, the same position in the eyes of most of our