Lord Randolph Churchill addressed the people of Stockport on Thursday
at considerable length. There was nothing new in his speech—for his glorification of himself as ameeonomist is not new—but there were two points in it worthy of notice. One was that, speaking in Stockport, with Mr. L. Jennings on the platform, he bad not a word to say for Fair-trade, or any other plan for playing at Protection. That is most significant, as significant as Mr. Chaplin's declaration of last week that the farmers mast amend the currency laws —which they understand as little as they do logarithms— before a duty on corn could do them any good. The other point was Lord Randolph's cheeriness of tone about Unionist prospects. He has keen eyes, though they seldom help his judgment, and in his opinion the Unionist cause is distinctly looking up. We believe that to be true, and to be due to the pro- found offence given to all friends of order by the watchword, "Remember Mitchelstown I" That was construed, justly, into an attack on law. If Mr. Gladstone had been wise, he would have supported the law, while maintaining that only a native Government could make the law efficient. It is the anarchical thread in the Home-rule policy which has spoiled its party promise.