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r since the veteran Sir John Macdonald declared for a protective "National Policy," and placed the plain issue before the country which divided the industrial and the agricultural interests. A certain number of millowners--Mr Milburn mentioned Young and Windle--belonged to the Liberals, as if to illustrate the fact that you inherit your party in Canada as you inherit your "denomination," or your nose; it accompanies you, simply, to the grave. But they were exceptions, and there was no doubt that the other side had been considerably strengthened by the addition of two or three thriving and highly capitalized concerns during the past five years. Upon the top of this had come the possibility of a great and dramatic change of trade relations with Great Britain, which the Liberal Government at Ottawa had given every sign of willingness to adopt--had, indeed, initiated, and were bound by word and letter to follow up. Though the moment had not yet come, might never come, for its acceptance or rejection by the country as a whole, there could be no doubt that every by-election would be concerned with the policy involved, and that every Liberal candidate must be prepared to stand by it in so far as the leaders had conceived and pushed it. Party feeling was by no means unanimous in favour of the change; many Liberals saw commercial salvation closer in improved trade relations with the United States. On the other hand, the new policy, clothed as it was in the attractive sentiment of loyalty, and making for the solidarity of the British race, might be depended upon to capture votes which had been hitherto Conservative mainly because these professions were supposed to be an indissoluble part of Conservatism. It was a thing to split the vote sufficiently to bring an unusual amount of anxiety and calculation into Liberal counsels. The other side were in no doubt or difficulty: Walter Winter was good enough for them, and it was their cheerful conviction that Walter Winter would put a large number of people wise on the subject of preference trade bye-and-bye, who at present only knew enough to vote for it. The great question was the practicability of the new idea and how much further it could safely be carried in a loyal Dominion which was just getting on its industrial legs. It was debated with anxiety at Ottawa, and made the subject of special instruction to South Fox, where the by-election would have all the importance of an early tes
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