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whatever might have been his Lordship's individual opinions, had resolved to introduce and support, with all its power, a very sweeping measure. In the autumn of 1847 the American Minister put himself in communication and had interviews with Lord Palmerston, Secretary of State for Foreign Affairs, at which Mr. Labouchere was present. On one of these occasions, Mr. Bancroft informed them that the American Government, believing it was the disposition of Parliament to make a large and liberal alteration in the Navigation Laws, was anxious to co-operate with the English Ministers in that great work, and, in conjunction with them, to set an example which he hoped would be productive of important and salutary effects. Mr. Bancroft's language was singularly expressive and emphatic. In one of the interviews he said to the English Ministers: "We are ready to do anything you like; if you can do but little, we must do little; if you can do much, we will do much; ."

This important declaration (whether or not Mr. Bancroft had any authority for making it in all its fulness) became at a future period the subject of incessant comment and controversy. It is important, therefore, that the facts, as they occurred, should be clearly stated. There can be no doubt that this conversation took place in the month of October 1847, but what Mr. Bancroft meant must probably ever remain