Landlords who have
contracted to sell are threatened with bankruptcy by the foreclosure of
mortgages. Tenants who have contracted to buy see their hopes deferred
with sick hearts. Whilst to owners and occupiers who have not completed
their bargains "no hope comes at all." The newly won prosperity of
Ireland is doomed because the Nationalist party and British Government
have not kept faith; and with prosperity peace is departing. The
environment that breeds agrarian disorder and crime has been restored,
and agitators, in expectation of Home Rule, are already at "their dirty
work again." A new plan of campaign menaces the peace of Ireland in
those districts whose past records are most darkly stained.
_Examination of the reasons alleged for tearing up the Treaty of
1903_.--The Government defended their reversal of the policy of 1903,
and departure from their pledges to carry out that policy, by making two
assertions. They asserted (1) that the size of the problem, which all
parties undertook to solve, would exceed by far the speculative estimate
put forward in 1903; (2) that the credit of the British Exchequer, which
they have depressed, would prove unequal to the burden foreshadowed by
the new dimensions, which they have assigned.
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