The objections to this scheme are three. The first is
that if " all " landlords are to be paid off, which is promised, " all " land- lords may ask for payment, and, as Lord Selborne has shown in his weighty letter of Friday (Times), Parliament must find 150 millions. The first are to be paid by priority of application ; but it would be too cruel to pay Fitzgerald and leave Fitz- patrick to Mr. Parnell,—or, rather, Mr. Biggar. The responsi- bility would, therefore, be very large. The second is that the tenants who have been bewildered by Nationalist promises gain but a small present relief, and though benefited in the end, will regard forty-nine years as an eternity. They will, there- fore, use their voting power under Home-role to demand further reductions ; and as the Irish Ministry will have no power of resistance, the obtaining of those reductions from Great Britain will be the first object of Irish policy. The third is that there is no security for the money. Suppose there is a bad year. The Irish Ministry, even if willing, simply cannot evict whole populations, and we all know that without evictions it will not get the redemption- money. It will then have to pay out of other revenues ; but as it must provide for the Administration first, it will not have enough, and will be compelled to leave either this sum or the usual "tribute" owing, with the usual consequences. We can only recover by using force, which will not be used.