THELASTOF!
FMHCISVffilGmH
F
'Liberty above all
things' — Francis Hirst
(1940)1
Jaime Reynolds
describes the career of
the leading ideologue
of'old Liberalism' in
the interwar Liberal
Party, Francis Wrigley
Hirst.
22 Journal of Uberal History 47 Summer 2005
br H.J. Laski, Francis
Hirst was the'last of the
Liberals'.2 And Hirst
was indeed a rare and
unbending exponent
and publicist of classical Liberal
ism in the first half of the twenti
eth century, at a time when such
ideas were being overwhelmed
by war and collectivism. He can
be seen as the last in the line
upholding the pure doctrine of
what he called the 'great watch
words of Liberalism — Peace, Lib
erty, Free Trade, Public Economy,
and Goodwill among Nations'3
in the tradition of Adam Smith,
Cobden, Gladstone and John
Morley.Today he is a largely for
gotten figure, remembered only
as an outmoded'primitive Liberal'
on the fringes of the party, whose
laissez-faire creed had been top
pled by the new social Liberalism
in the years before 1914 and bur
ied by Keynes and Beveridge in
the 1930s and 1940s.4
Nevertheless Hirst's career is
of continuing interest. More than
anyone else he continued robusdy
to articulate and propagate tradi
tional Radicalism from within
the Liberal Party until the end
of the 1940s. While his brand of
Liberalism was in dechne, it was
still a significant element in the
thinking of many Liberals at the
time. Moreover those ideas have,
to some degree, come back into
fashion in recent decades among
neo-liberals and libertarians.
Francis Wrigley Hirst was
born on 10 June 1873 at Dalton
Lodge near Huddersfield. Both
his parents came from wealthy
mill-owning families with deep
nonconformist and Liberal roots.
His maternal aunt, Mary Wri
gley, married William Willans
(1800—63), the leading figure
in Huddersfield Liberalism and
nonconformity and grandfather
of Herbert Asquith. AnotherWrigley started the US chewing gum
firm. Hirst's father Alfred was
forced to retire from the woollen
textile business in 1886 because
of failing eyesight and the fam
ily moved to Harrogate, where
he worked in the cause of the
blind.This does not seem to have
involved much hardship. Hirst
later recalled that shordy before
retiring his father had cleared a
profit of/¡10,000 (the equivalent
of ,£500,000 today) from just one
import deal.5
Hirst attended Clifton Col
lege in Bristol from 1888—91 and
then won a scholarship to Wadham College, Oxford, securing a
double first in Classical Modera
tions and Greats in 1896. He was
President of the Oxford Union
HE LIBERALS
1
• 1 М ШШЯ ШШ ШШ L I L L ШШЧ0
IRST (1873 1953)
the same year, succeeding John
Simon, who was to become a
life-long friend.6 Other friends at
Oxford included Hilaire Belloc,
F. E. Smith and Leo Amery.
Hirst was one of the first
at Oxford to study political
economy, naturally of the clas-
Hirst had forged his close
friendship and political partner
ship with Morley in the sum
mer of 1899, and again in 1901,
when he worked as Morley's
researcher on his celebrated
biography of Gladstone, spend
ing many happy weeks exploring
influenced by Alfred Marshall
and Professor F.Y. Edgeworth
(1845—1926), a vigorous oppo
nent of tariff reform.7 Hirst was
already an ardent Liberal, joining
the radical Russell Club.
Having narrowly failed to
secure a research scholarship at
Oxford, Hirst earned his living
coaching students, lecturing on
local government at the newly
founded London School of Eco
nomics, and writing. In 1899 he
was called to the Bar and prac
tised as a barrister for the next
few years, without much finan
cial reward, giving up in about
1906 to concentrate on journal
ism and writing. He had cut his
teeth as a journalist as one of the
talented young writers that C. P.
Scott brought into the Manchester
Guardian. In 1907, largely on the
recommendation of John Morley,
Hirst was appointed editor of The
Economist, a post he was to hold
until 1916.8
at Hawarden Castle.9 Hirst soon
became Morley's intellectual and
political amanuensis.10 Together
with several other young Lib
erals, including Hilaire Belloc,
John Simon and J. L. Hammond,
Hirst published Essays in Liberal
ism in 1900, contributing an essay
on Liberalism and Wealth. The
book - which aimed to reassert
the doctrines of classical liberal
ism then under increasing attack
from Fabians and New Liber
als - was dedicated to Morley as
the 'embodiment of philosophic
liberalism ... the wellspring of a
liberal tradition which united the
doctrines of Mill and Cobden
and represented the still-living
personality of Gladstone'." Hirst
was suspicious of the New Liber
als — what he called 'the new type
of Liberal politician who offers
the public a mixed pottage of
socialism and jingoism ...'.,2
At this time Hirst was closely
involved in the protest movement
against the Boer War in which
Hirst was
a rare and
unbending
and pub
licist of
classical
liberalism
in the first
half of the
twentieth
century,
at a time
when such
ideas were
being over
whelmed
by war and
collectiv
ism.
Modey was a leading figure. Hirst
was a founder of the League of
Liberals Against Aggression and
Militarism, serving on its com
mittee.13 He contributed to a col
lection of essays on Liberalism and
the Empire (1900), accusing Cecil
Rhodes's Chartered Company
Boers.14 He also worked with
Simon, Belloc, G. K. Chester
ton and J. L. Hammond in the
pro-Boer Speaker, the forerun
ner of The Nation, which under
the editorship of H.W. Massingham became a standard-bearer of
advanced Liberal opinion.15
In 1903 Hirst married Helena
Cobden, great-niece of Richard
Cobden, and eventually they were
to live in Cobden's old home,
Dunford House near Midhurst
in Sussex, which they turned into
a shrine to the great free trader
and his ideas. The marriage was
long-lasting and happy, although
they were at odds over Helena's
suffragette activity, which led to
her arrest in i9i3.l6They had no
children.
Already, in his twenties,
through his friendship with Mor
ley and his prominence in Lib
eral circles and at the Union at
Oxford, he had built up a wide
acquaintanceship with many of
the leading politicians of the day,
Journal of Liberal History 47 Summer 2005 23
THE LAST OF THE LIBERALS'
Top:The six writers
of Oxford Essays
In Liberalism
(1897) - standing:
H. Belloc, J. L
Hammond, F. W
Hirst; seated: R
J. Macdonnell, J.
A. Simon, J. S.
Philllmore.
Left: Hirst's
farewell party
given by the staff
following his
sacking as editor
of The Economist
In 1916 -he is
seated with Mary
Agnes Hamilton,
later a Labour MR
24 Journal of Liberal History 47 Summer 2005
helped by the fact that he was
excellent company, 'hospitable
and inclusive', and 'a fascinating
conversationalist' with a 'gen
ius for friendship'. He had many
interests outside politics: he was a
spirited but not particularly good
chess player, a keen fly-fisherman
and sports enthusiast (cricket, golf,
athletics), and a lover of the Clas
sics, especially Latin poetry ,'7
His first
two solo books
appeared at the height of Joseph
Chamberlain's Tariff Reform
campaign. Free Trade and other
Fundamental Doctrines of the Man
chester School, a collection of
extracts from the leading classical
liberal pioneers which was pub
lished in 1903, and Adam Smith,
which appeared in Morley's 'Eng
lish Men of Letters' series in 1904,
set the pattern of clear and ortho
dox exposition of classical liberal
thought. Hirst was in the thick of
the Liberal defence of free trade,
contributing to Fact versus Fiction
(1904), which the Cobden Club
published to refute Chamber
lain's arguments.18 He abo wrote
a number of academic and tech
nical studies on local government
and legal and commercial issues
in these years.
As editor, Hirst expanded
and modernised The Economist,
previously a rather dull journal,
turning it into a lively and par
tisan leader of Radical opinion.
Working hand-in-hand with the
anti-militarist wing of the Liberal
Party, he sought to counteract 'the
Armour-plate press' which loudly
demanded a naval arms race with
Germany. A good illustration of
how Hirst operated behind the
scenes came in March 1912 when
Churchill proposed an increase
in the naval estimates to build
new Dreadnoughts, in defiance
of the 'Radicals and Economists'
and a strongly worded resolu
tion recently adopted by the
National Liberal Federation
(NLF). Morley leaked to Hirst
information about the division
of opinion in the Cabinet on this
issue, including the opposition of
Lloyd George, the Chancellor of
the Exchequer. Hirst helped Sir
John Brunner, chairman of the
'THE LAST OF THE LIBERALS'
NLF, to draft circular letters of
protest to constituency associa
tions and editors, and in July he
suggested that Brunner write to
Asquith to say that he would call
a special meeting of the NLF to
discuss 'this fatal and provoca
tive policy'. In the autumn Hirst
ghosted a manifesto from Brun
ner to every Liberal Association
chairman before the NLF meet
ing held on 2i November. By the
time the meeting was held, the
Cabinet had found a compromise
formula and the crisis had sub
sided, although the eventual out
come was a defeat for Hirst and
the Economists.19
Hirst is sometimes described
as an isolationist, but it would be
more accurate to say that he stood
for active efforts to maintain
international peace in Gladstonian style through the 'Concert of
Europe'. He attempted to lower
international tensions by send
ing the journalist Dudley Ward
to Berlin as a correspondent with
a wide brief to promote friendly
relations with Germany.20 He
also upheld the Gladstonian tradition of concern for oppressionin Europe. In 1913—14 Hirst was
a member of the International
Commission established by the
Carnegie Endowment for Inter
national Peace, which investi
gated Serbian atrocities against
the Macedonian (Bulgarian)
population during the Balkan
Wars of 1912-13.The report was
published in 1914.21
Hirst blamed the Liberal gov
ernment for the slide to war in
1914. He later wrote that 'the
death of Campbell-Bannerman
made way for Mr Asquith and
so gave the Liberal Imperialists a
free hand in foreign policy and at
the same time opened the door
to a great expansion of arma
ments ... The real reason behind
these tremendous additions to
the Navy lay concealed in the
secret diplomacy of the Lib
eral Imperialist Ministers ,..'22
When war broke out in August
1914 Hirst, alongside his friends
Morley and John Burns, who
resigned from the Cabinet, was
in the small group of Radicals
Hirst is
sometimes
described
a
Į_
tionist, but
it would
be more
accurate
to say that
he stood
for active
efforts to
maintain
interna
tional
peace in
Gladsto
nian style
through
the 'Con
cert of
Europe'.
who opposed the war even after
the German invasion of neutral
Belgium. He immediately began
efforts to build a broad alliance of
the various anti-war currents.23
tion government under Asquith
in May 1915 gready increased the
pressure to introduce conscrip
tion, which Hirst loudly opposed.
He wrote to Sir John Brun
ner that 'the Liberal Imperialists
and Tory imperialists together
are quite capable of working up
a panic and rushing the coun
try into mih tary slavery'.24 The
Economist immediately stepped
up the campaign against com
pulsory military service, which
it continued stubbornly in 1916
when Asquith brought in con
scription.25
Hirst's opposition to the war
was, to a significant degree, budg
etary. He later wrote of'the Great
War, the most tremendous eco
nomic catastrophe recorded in
history',26 setting out his case in
several of his books.27 He never
wavered in his orthodox Cobdenite critique of war, writing
in 1947 lhal twcrworld wars had
left Britain 'shorn of its liber
ties, in a state of bankruptcy and
serfdom, oppressed by ruinous
taxation, overwhelming debt, and
conscription, manacled by more
and more inflation, entangled in
new alliances ... and with mili
tary commitments in all parts of
the world.'28 He was secretary of a
committee of economists critical
of Lloyd George's finance policy
formed under the Economic Sec
tion of the British Association.29
Unlike the many anti-war Lib
erals who gravitated towards the
Labour Party, Hirst, on account of
his economic liberalism, utterly
rejected socialism. He told his
good friend, Molly Hamilton,
later a Labour MP, that 'anyone
who has any truck with Socialism
must be intellectually flabby'.30
Nor was the Conservative Party
an option, not least because of its
protectionism which, in Hirst's
book, was equally if not more
detestable. It was said that if a
Tory entered the room, Hirst 'was
able to detect it,"to smell out" the
charlatan, so to speak'.31 None of
this prevented Hirst from enjoy
ing a wide circle of friends from
both the Conservative and
Labour Parties.
Hirst suc
cessfully stirred up opposition in
the House of Lords to a provi
sion of the Defence of the Realm
Act, then being rushed through
Parliament, which would have
allowed a secret court martial to
sentence non-military personnel
to death.32 In 1915 Hirst took on
the government in the outstand
ing civil liberties case of the war,
the Zadig case. Arthur Zadig,
though born of German parents,
had been a naturalised British
subject for ten years. In Octo
ber 1915 he was detained by
the Home Secretary under the
Defence of the Realm regula
tions on the grounds of his 'hos
tile origin and associations'. A
defence fund was established and
the case taken through the courts
up to the House of Lords where
Hirst appeared for the appellant
arguing that the rights of British
subjects under the Magna Carta
and the Habeas Corpus Act
could not be overthrown with
out express legislation. Although
the Law Lords found against
Zadig (with a powerful dissent
ing opinion from the Radical
Lord Shaw), Hirst was widely
judged to have won the moral
argument and Zadig was released
shortly afterwards.33
Hirst's outspoken opposition
to the war cost him the editorship
of The Economist in 1916 when
Walter Wilson Greg, the most
important trustee, lost patience
with having to defend the paper's
pacifist stance. Hirst's removal was
handled in 'a highly civilised fash
ion'.34 For some time before his
resignation he had been discuss
ing with Sir Hugh Bell, the great
ironmaster and fervent libertarian,
and with anti-war Radical MPs
such as Gordon Harvey, Percy
Molteno, Richard Holt, D. M.
Mason and Godfrey Collins, the
establishment of a new weekly,
Common Sense, with Hirst as edi
tor. This 'fanatically free trade'
Journal of Liberal History 47 Summer 2005 25
'THE LAST OF THE LIBERALS'
paper appeared in October 1916
and survived until early 1921.
Consistent with his belief
in exploring every avenue that
might end the war, Hirst rushed
to the support of the former Conservativc Foreign Secretary, Lord
Lansdowne, when he called for a
negotiated peace with Germany
in November 1917. Hirst was seen
as the leader of'a party of sorts'
that tried to exploit Lansdowne's
initiative', forming a 'Lansdowne
League' to arouse public support.
The Common Sense office became
a pacifist headquarters.35
Hirst fought a rearguard
action against creeping wartime
protectionism. With his usual
allies — Bell, Harvey, Molteno,
Holt and Collins, joined by Sir
John Simon, John Burns, Leif
Jones and Lords Beauchamp,
Bryce, Courtney and Eversley he protested in July 1916 against
the protectionist resolutions put
forward by the government for
the Economic Conference of
the Allies held in Paris.36 Com
mon Sense carried on the fight
in 1919—21 against protection
ist measures put forward by the
Lloyd George Coalition. Hirst
and his collaborators formed an
'Anti-Embargo League' which
forced the government to aban
don sweeping restrictions placed
on imports, but had less success
against 'anti-dumping' measures
later.37
Hirst unsuccessfully stood for
parliament in Sudbury inJanuary
1910, defending a seat captured by
the Liberals in 1906. He claimed
that he was 'destroyed [by] ...
Beer & Feudalism & sheer bru
tality', although in fact the swing
to the Conservatives there (6.7%)
was closely in line with the aver
age swing in Suffolk (7%). He also
stood for Shipley,Yorkshire in the
1929 general election. Shipley was
a three-way marginal with the
Liberals in third place with about
30%. Hirst's vote was disappoint
ing, despite - or perhaps because
of — his treating the voters to a
'masterly interpretation of the
philosophy of Cobden and Glad
stone'. Against the national trend,
his vote dipped by 3% compared
He had
very little
enthusiasm
for Asquith
and even
less for
Lloyd
George;
Campbell
Bannerman
was the
last Lib
eral leader
who Hirst
counted
as a sound
Cobdenite.
26 Journal of Uberal History 47 Summer 2005
with both the 1924 general elec
tion and a by-election in 1930
that was contested by a new can
didate. 38
In the 1920s and '30s he was
increasingly out of tune with the
arty leadership. He had very lit
tle enthusiasm for Asquith and
even less for Lloyd George39;
Campbell Bannerman was the
last Liberal leader who Hirst
counted as a sound Cobdenite.40
Hirst was prominent in a number
of organisations on the fringes
of the party that sought to keep
the flag of classical liberalism fly
ing. He was an executive mem
ber of the Free Trade Union and
remained very active in the Cob
den Club, writing pamphlets and
serving as its secretary from 1935.
He also chaired the Liberal Free
Trade Committee from 1931.41
In addition, Hirst was the moving
force behind the 'Public Econ
omy League', a group formed in
1919—20 to press for reductions in
public expenditure. The League
was still active during the Second
World War when Hirst lobbied
the Chancellor of the Exchequer,
Sir Kingsley Wood, to curb the
growth of expenditure and tackle
rising inflation.42
Hirst remained an orthodox
Cobdenite in international affairs
during the 1930s, favouring the
solving of problems through
international law and arbitra
tion rather than through collec
tive security and the League of
Nations. Such was his opposi
tion to war that he joined Her
bert Samuel and a handful of
other Liberals in supporting the
Munich agreement in 1938. He
was not, however, a pacifist and
accepted that the defence of free
dom justified the use of force
both at home and abroad against
its enemies (threatening Com
munist and Fascist parties in par
ticular).43
Hirst's influence behind the
scenes is difficult to assess. He
seems to have had easy access to
leading politicians in all three
parties throughout his career.
In December 1905 we find him
writing to Campbell-Bannerman as he formed his Liberal
government, urging the case for
retrenchment to reverse 'the vast
sums destroyed and wasted dur
ing the last ten years, and the
results; borrowed credit, less
enterprise in business and manufactures, reduced home demand
and therefore output to meet it,
reductions in wages, increase in
pauperism and unemployment.'44
Eighteen years later, as Ram
say MacDonald formed the first
Labour government, according to
gossip Hirst again had the ear of
an incoming Prime Minister.The
journalist R.T. Sang wrote to
Josiah Wedgwood, a Liberal MP
who had defected to Labour;
You have all been
wondering
who[m]
JRMļacDonald] has been
relying on - if anyone - for
advice on the formation
of his Government. No
one has hit upon the fact
which has been carefully
concealed. But he had gone
to the worst possible source
for advice and inspiration F.W. Hirst. Last week JRM,
Hirst—and Lloyd George
breakfasted together and
went through the Cabi
net proposals. JRM offered
Hirst the Chancellorship
and pressed him to take it.
Hirst refused in JRM's own
interest, as he believed the
Party would not stand the
exclusion of [Philip] Snowden, and it was Hirst who
advised Snowden for it.
Hirst has got [Lord] Parmoor to come in and influ
enced some other strange
selections.45
It is unclear what truth if any there
is in this report. The choice of
Hirst and Lloyd George, ideolog
ical opposites within the Liberal
Party, for such soundings seems
odd, especially as Hirst held no
office in the party. MacDonald's
supposed offer of the Excheq
uer to Hirst seems even more
improbable, as Philip Snowden, as
the Labour Party's acknowledged
financial expert, had an indisput
able claim to this position and
'THE LAST OF THE LIBERALS'
individual freedom from Classi
cal Antiquity through the British
and American liberal thinkers of
the seventeenth, eighteenth and
nineteenth centuries and defends
its superiority—over the then
ascendant ideologies of Nazism,
Fascism and Communism, which
Hirst inclines to lump together in
many of their collectivist charac
teristics. Its shorter companion
volume, Economic Freedom and
Private Property, sets out the case
for economic liberty and is fluent
and pithy and much more acces
sible to the modem reader.
Hirst has been characterised
by some contemporaries and
later commentators as a 'laissezfaire Liberal', although he hotly
rejected the term, at least if it was
understood as meaning that 'gov
ernment should abstain inertly
from constructive work'.49 He
certainly favoured a limited role
for the public sector and strict
economy in public expenditure,
furiously attacking the growth of
the state especially during war
time when, he claimed 'the Brit
ish nation found out the meaning
of bureaucracy,~3ndiearnt the difsend articles to press almost with
ference between being served and
out correction.47 In the 1920s his
being ruled by a Civil Service.'50
annual analysis of the budget in
Hirst considered that the State
Contemporary Review was widely
should be responsible for defence
and police, provision of public
respected. In 1925, A History of
Free Trade from Adam Smith to
goods, and education. He also
Philip Snowden, which ran into
accepted the need for municipal
several editions, appeared. This
services: public health, lighting,
was followed by biographi
roads etc. In general, however, the
cal studies of great Liberals on
state should only take responsi
both sides of the Adantic: a Life
bility for services 'plainly ben
of Thomas Jefferson (1926) and The
eficial to society which cannot
Early Life and Letters of John Mor
be left to private enterprise'. As
ley (1927), followed in 1931 by
G. P. Gooch wrote of him, Hirst
Gladstone as Financier and Econo
'remained a "Manchester" man
mist. Several of his works, includ
to the end, much less convinced
ing those on Smith, Morley and
than myself of the capacity of leg
Gladstone, have still not been
islation to increase our happiness
entirely superseded in the litera
and welfare by State action and
ture. His The Consequences of the
social reforms to create the Wel
War to Great Britain (1934) inter
fare State ... he was a Cobden
preted recent British history and
ite ...'5I Nevertheless, following
politics from a Cobdenite Liberal
Adam Smith, Hirst claimed that
point of view.48
he 'had no pedantic objection
In 1935 Hirst published two
to the state managing a business
books that summarised his politi
ifit can manage it well'. He also
cal and economic outlook. The
wrote positively of the progress in
weighty and ambitious Liberty
education, public health, old age
and Tyranny traces the history of
pensions, and other public serv
Hirst was not even a Member of
Parliament. Hirst and MacDonald
were old comrades from the anti
war movement and had known
each other since Hirst's university
days (Hirst was also a close friend
of Mollie Hamilton, who was liv
ing with MacDonald at the time).
It is also true that MacDonald
made some unexpected ministe
rial appointments of Liberal and
Conservative personalities and
there is a good deal of mystery
about how he made his choice,
but it was Lord Haldane, the most
prominent of these, who seems to
have been the key influence. The
appointment of Lord Parmoor,
an in-law of the Webbs and one
of Labour's few supporters in the
Lords, did not require prompting
by Hirst. In all probability Hirst
expressed his ideas for appoint
ments to MacDonald, but the
influence Sang ascribed to him
seems gready exaggerated.46
Hirst's influence as a journal
ist and writer was more definite.
He continued to write prolifically in the inter-war period. He
liked to dictate straight on to the
Hirst has
been char
acterised
by some
contempo
raries and
later com
mentators
as a 'laissez-faire
Liberal',
although
he hotly
refected
the term,
at least
if it was
understood
as meaning
that 'gov
ernment
should
abstain
inertly
from con
structive
work'.
ices in the years before 1914. He
sought to distance his ideas from
ideological laissez-faire of the sort
advocated by Herbert Spencer, or
for that matter by some modern
libertarians. He rejected the idea
that civilisation could be built on
the basis of narrow individualism,
and called for active participation
of the citizen in the management
of local and national affairs and
public spiritedness.52 He wanted
to return to what he called 'the
long reign of economic liberty'
between 1846 and 1914 when, as
he pointed out, both Liberal and
Conservative governments pro
moted social reforms involving
large expenditure.
Sound money occupied a
central place in Hirst's economic
thinking; indeed it was something
of an obsession. He was a fervent
advocate of the Gold Standard
and preferred a metallic gold and
silver currency of the sort that
existed in Britain from the early
nineteenth century until 1914 to
the fully convertible paper cur
rency linked to gold that was
established by Churchill in 1925
and survived until 1931. Äs he
never tired of repeating, 'experi
ence has proved that sooner or
later an inconvertible paper cur
rency with no intrinsic value
comes to grief ... a moment
always comes when the tempta
tion to inflate is irresistible ... it
[is] madness for any nation which
has the choice to allow its cur
rency to become the plaything
of politics ... A currency must be
knave-proof and fool-proof.'53
Hirst gave his memoirs (which
closed before the First World
War) the title 'In the Golden
Days' and he was in no doubt that
the rot in British politics, soci
ety and the economy set in with
the abandonment of the Gold
Standard in 1914. He wrote that
the old metallic currency 'was
as nearly automatic and perfect
as any country need desire. The
Great War dissolved it. Had we
remained neutral ... there is no
reason for supposing that the sys
tem would have broken down.'54
However he accepted that the
decision to abandon the Gold
Journal of Liberal History 47 Summer 2005 27
'THE LAST OF THE LIBERALS'
Standard again in 1931 was justi
fied at the time, while hoping for
its restoration and putting for
ward ideas for international man
agement of the price of gold.
The contrast between liber'old LiberaHsm' was demonstrated
by his involvement with Ernest
Benn's Individualist Movement.
Benn had founded the move
ment in 1926 while still a Lib
eral, but had broken finally with
the party in 1929. Hirst seems to
have been closely involved from
the start, as was his old friend
Sir Hugh BeU, who was a cofounder. Hirst helped to write
The Philosophy of Individualism: A
Bibliography, published by Benn's
Individualist Bookshop in 1927.
The movement took on a new
lease of life with the national
mobilisation and planning of the
Second World War. Hirst pub
lished a pamphlet on Free Markets
or Monopoly? in 1941 and helped
to draft the Manifesto of British
Liberty issued in mid-1942, of
which he was a signatory. He was
a leading figure in the Society of
Individualists established by Benn
in November 1942, and his pro
tégé, Deryck Abel, became sec
retary of the Society. Hirst seems
to have favoured a broad national
membership (80-100 members
in each constituency), while oth
ers wanted to keep it as an ehte
Establishment lobby. In 1944 a rift
between Hirst and Benn opened
up. Hirst wanted the Society to
lead a civil liberties campaign
against the internment of politi
cal opponents of the war under
Regulation 18b of the Defence
of the Realm Act, but Benn, an
instinctive 'patriot' on such mat
ters, refused to get involved. In
September 1944, Benn agreed
to amalgamate the Society with
the National League for Free
dom, which claimed some forty
Conservative MPs and a number
of industrialists amongst its mem
bership. Hirst, with a few Liberal
followers, resigned, protesting that
this 'signified reaction, protection,
mercantilism and monopoly'.55
Accounts of the post-war
renaissance of economic liberal
Hirst,
though an
indiffer•
.
cian, was
undoubt
edly the
leading
ideologue
of indi
vidualist
Liberalism
in the first
four dec
ades of the
twentieth
century, a
viewpoint
that saw
economic
liberalism,
civil liber
ties, peace
and inter
national
ism as an
indivisible
whole.
28 Journal of Liberal History 47 Summer 2005
ism, mosdy written by Thatcherite Conservatives, tend either to
ignore or dismiss the influence of
the old Radical Liberal current.56
In fact there were important con
tinuities, which included Hirst's
activity.The origins of the revival
can be traced to 'Le Colloque
Walter Lippmann', a gathering
of economic liberal academics
held in Paris in August 1938 to
analyse and find ways to reverse
the dechne of liberal thinking in
Europe.The meeting was inspired
by The Good Society by the
American publicist, Walter Lippmann, pubHshed in 193 7." Hirst
did not attend the meeting, but
Lippmann prominently acknowl
edged his debt to Hirst's Liberty
and Tyranny in his book.58 Hirst
propagated classical liberalism
among the younger generation
of economists through his writ
ing and lectures, for example at
the London School of Econom
ics (of which he was a governor)
in the late 1930s, where Lionel
Robbins and Friedrich von
Hayek gathered a group of antiKeynesian academics and students who formed the vanguard.
of the neo-liberal revival after the
war.59 Hirst and some of the post
war neo-liberals certainly must
have known each other through
involvement in such bodies such
as the Free Trade Union60. In the
late 1930s and '40s he organised
conferences for undergraduates
at Dunford House to introduce
them to a traditional Liberal per
spective on current events. He
sought to popularise such ideas
through his short book Principles
of Prosperity (1944), but with its
somewhat antiquated flavour it
received nothing like the atten
tion of Hayek's Road to Serfdom,
published the same year.
Hirst was, naturally, strongly
opposed to the interventionist
economics of Maynard Keynes,
which were increasingly influ
ential in the Liberal Party in the
inter-war period and after 1945,
and this contributed to his disil
lusionment with the party.61 He
frequendy attacked Keynes's ideas
in his books and in private his
denunciations of Keynes were
even more outspoken.62 He was
also increasingly doubtful about
the welfare state in his later years
and critical of what he called 'the
Beveridge Hoax'.63 For their part,
some Keynesians were suspicious
of Hirst's continued influence
on Liberal economic thinking.64
He dated the opening of the rift
between 'the old and the new
Liberals'to 1935, but he remained
an active and popular mem
ber of the party until the final
years of the war, and was regu
larly elected by the Assembly to
the Party Council.65 The break
seems to have come at the end
of 1944 when the Liberal Free
Trade Committee was forced out
of Liberal Headquarters, and car
ried on its campaign against Bev
eridge's influence over the party
independently from Dunford
House.66
For many years Hirst had also
spread the word on the other side
of the Atlantic. He was very well
known in US economic liberal
circles. His first visit there had
been in 1907 to advise Senator
Aldrich's Monetary Commission,
of the Federal Reserve Bank.67 In
1921 he lectured on economics
at Stanford University in Cali
fornia.68 In 193s, on his last visit
to the US, he lectured at Wesleyan University and delivered
the prestigious Princeton Public
Lecture on The Value of Liberty.
President Herbert Hoover was a
close friend.69
Despite increasing ill health
from about 1949, Hirst continued
to take a lively interest in politics
until shortly before his death, on
22 February 1953.
Hirst, though an indifferent
politician, was undoubtedly the
leading ideologue of individualist
LiberaHsm in the first four dec
ades of the twentieth century, a
viewpoint that saw economic Hberalism, civil Hberties, peace and
internationalism as an indivis
ible whole. He was unashamedly
backward looking and nostalgic:
for him,Victorian Liberal England
truly represented the golden days.
He insistently restated Cobdenite
and Gladstonian principles and
'THE LAST OF THE LIBERALS'
sought to show how their aban
donment lay behind the troubles
of his day. However he failed to
develop a modern and persuasive
expression of these ideas to match
Keynes, Beveridge and other
social liberal thinkers on the left,
or to pre-empt the neo-liberalism
of Hayek and the New Right. By
the time of his death his brand of
LiberaHsm was almost extinct. In
that sense he can indeed be seen
as 'the last of the Liberals'.
Dr Jaime Reynolds is guest-editor of
this special issue. He studied at LSE
and has written extensively on British
and East European political history.
ï
Inscription by Hirst to the Bishop of
London in author's copy of F.W. Hirst,
Liberty and Tyranny (London, 1935).
2
G. P. Gooch et al., F.W Hirst By His
Friends (London, 1958), p.90.
3 F .W. Hirst (ed.), Alexander Gordon Cum
mins Harvey: a Memoir (London. 1925),
p. 122.
There is an entry for Hirst in the
Dictionary of National Biography writ
ten by Roger Fulford (1971), but he
is not included in The Dictionary of
Liberal Biography (1998). Some friends
of Hirst's including Gilbert Murray,
G. P. Gooch, Roger Fulford, Maurice
Bowra, Arthur Ransome, and Herbert
Hoover produced a short volume of
recollections in his memory entitled
F.W. Hirst By His Friends in 1958.A
few of his books were reissued in the
1960s and '70s, but Liberty and Tyr
anny and Economic Freedom and Private
Property have long been out of print
and are now difficult to obtain. W. H.
Greenleaf devoted considerable atten
tion to Hirst in his book The British
Ideological Heritage (London, 1983) pp,
97—100. Anthony Howe, FreeTrade and
Liberal England 1846—1946 (Oxford,
1997) ако gives Hirst some promi
nence (p.282). Howe citesHirst's diary,
but this refers only to limited extracts
included in Hirst's privately published
pamphlet The Formation, History, and
Aims of the Liberal Free Trade Commit
tee 1931—1946; the diary itself appears to
Francis Wrigley Hirst 1873-1953: Selected
writings
Hirst et al., Essays in Liberalism by Six Oxford Men (London, Cassell, 1897)
Hirst et al., Liberalism and the Empire, Three Essays (London. Brimlev Johnson. 1900)
Joseph Redlich and F W. Hirst, The History of Local Government in England (London, Macmillan, 1903,
reprinted until 1970s)
Free Trade and other Fundamental Doctrines of the Manchester School (London and New York, Harper
& Brothers, 1903, reprinted 1968)
Adam Smith (English Men of Letters series, London, Macmillan, 1904)
Arbiter in Council (London, Macmillan, 1906 anonymous)
The Stock Exchange: A short study of investment and speculation (London, H. Holt, 1911; 2nd ed.
London, Thornton Butterworth, 1932)
have been lost. Most histories of the
Liberal Party and Liberal ideas ignore
or dismiss Hirst, although there is
greater interest among libertarians; see,
for instance Mark Brady, Against the
Tide:The Life of Francis W.Hirst (www.
Lbertyhaven.com, 1999).Hirst's papers
^together witfiľthose oFJohn Morley)
were acquired by the Bodleian Library,
Oxford, in 2000. Hirst's memoirs, In
the Golden Days (London 1947) only
go up to 1906.
Hirst, Golden Days, pp. 54—55,58.
J. Simon, Retrospect (London, 1952), p.
34·
Hirst, Golden Days, p. 134-5.
Gooch, Friends, p. 62. For Hirst's edi
torship of The Ecotiomist, see R. Dud
ley Edwards, The Pursuit of Reason
— The Economist 1843—1991 (London,
1993)·
Hirst, Golden Days, p. 162; Hirst, Early
Life and Letters of John Morley (London,
1927) introduction.
However there is only one brief men
tion of Hirst in Morley's Recollections
(London, 1917).
Ibid.,pp. 160-61.
Hirst, Gordon Harvey, p. vii.
Hirst, Golden Days,pp. 193,199.
Hirst, Golden Days, pp. 183—5. This
view is not shared by modern histo
rians, see I. R. Smith, The Origins of the
South African War 1899—1902 (London,
1995)·
15 Hirst, Golden Days, p. 192; Simon, Ret
rospect, p. 45.
16 M. A. Hamilton, Remembering My
Good Friends (London, 1944), p. 82.
17 Gooch, Friends, chapters by J. E. Allen
(Hirst's brother-in-law) and Arthur
Ransome (an angling partner), pp. 13,
48-57·
18 Hirst, Golden Days, p. 248.
19 S. Koss, The Rise and Fall of the Political
Press in Britain, vol. 2 (London, 1984),
pp. 211—12. S. Koss, Asquith (London,
1976),pp. 149-50·
20 S. Koss, Rise and Fall, p. 211.
21
The Political Economy of War (London, J. M. Dent, 1915)
tional Commission on the Balkans, 1996.
From Adam Smith to Philip Snowden: A History of Free Trade in Great Britain (London, T. Fisher Unwin,
1925)
Hirst (ed.), Alexander Gordon Cummins Harvey: a memoir (London, Richard Cobden-Sanderson, 1925)
Life and Letters of Thomas Jefferson (London, Macmillan, 1925)
22
23
Hirst and J. E. Allen, British War Budgets (Oxford University Press, 1926)
Early Life and Letters of John Morley (London, Macmillan, 1927; reprinted 1975)
Gladstone as Financier & Economist (London, Ernest Benn, 1931)
24
25
Money: Gold, Silver and Paper (London, Scribner's, 1933)
The Consequences of the Warto Great Britain (Oxford University Press, 1934)
Armaments: the Race and the Crisis (London, Cobden-Sanderson, 1937)
27
28
29
Principles of Prosperity (London, Hollis and Carter, 1944)
In the Golden Days (London, Frederick Muller, 1947)
Carnegie Endowment for Interna
tional Peace, Washington. See also
www.macedoniainfo.com/macedo
nia/ foreword.htm.
Hirst, Harvey, pp.71,75.
C. Hazlehurst, Politicians at War (Lon
don, 1971), p. 125 citing letter from
Hirst to C. P. Trevelyan, 12 August
i9i4,Trevelyan MSS..
C. Hazlehurst Politicians at War, p. 270.
Hirst, Harvey, pp. 109,114—15. See also
Dudley Edwards, Pursuit of Reason, pp.
561-67.
26
Liberty and Tyranny (London, Duckworth & Co, 1935)
Economic Freedom and Private Property (London, Duckworth, 1935)
Unfinished Peace, Report of the Interna
30
F.W. Hirst, Money: Gold, Silver and
Paper(London, I933)>P·167·
Notably The Political Economy of War
(London, 1915).
Hirst, Golden Days, p. 202.
Gooch, Friends, p. 17.
Hamilton, Remembering, p. 80.
concluded on page 35
Journal of Uberal History 47 Summer 2005 29
ERRATA
Hamilton, Remembering, p. 80.
Gooch, Friends, p. 49.
32 Hirst, The Consequences of the í Var
to Great Britain (London, 1934),
p. 108-9.
33 Gooch, Friends, pp. 91—94; and
Hirst, Liberty and Tyranny, pp.
30
31
'The last of the Liberals' - Francis Wrigley Hirst
of tne~erra
tunateiy' some 01
omitted in error. Our apologies to our readers and to the
articles author. We reprint below the full set of endnotes for
ease of reference
Inscription by Hirst to the
Bishop of London in author's
copy of F.W. Hirst, Liberty and
Tyranny (London, 1935).
G. P. Gooch et al., F. W. Hirst By
His Friends (London, 1958), p. yo.
F.W. Hirst (ed.), Alexander Gordon
Cummins Harvey: a Memoir (Lon
don. 1925), p. 122.
There is an entry for Hirst in the
2
3
4
Hirst, Golden Days, p. 134-5.
Gooch, Friends, p. 62. For Hirst's
editorship of The Economist, see
R. Dudley Edwards, The Pursnit of Reason - The Economist
ι$43-1993 (London, 1993).
Hirst, Golden Days, p. 162; Hirst,
7
8
y
Early Life and Letters ofjohn Mor
ley (London, 1927) introduction.
10
Dictionary of National Biography
written by Roger Fulford (1971),
but he is not included in The Die-
11
tionary of Liberal Biography ( 1998).
12
Some friends of Hirst s including Gilbert Murray, G. P. Gooch,
Roger Fujford, Maurice Bowra,
Arthur Ransome, and Her
bert Hoover produced a short
volume of recollections in his
memory entitled F. IV Hirst By
His Friends in 1958. A few of his
books were reissued in the 1960s
artd--70&rbut Liberty and Tyranny
and Economic Freedom and Private
Property have long been out of
print and are now difficult to
obtain. W. H. GreenJeaf devoted
considerable attention to Hirst
in his book The British Ideological
Heritage (London, 1983) pp, 97100. Anthony Howe, Free Trade
13
and Liberal England ¡846-1946
(Oxford, 1997) also gives Hirst
some prominence (p. 282). Howe
cites Hirsts diary, but this refers
only to limited extracts included
in Hirsts privately published
pamphlet The Formation, History
and Aims of the Liberal Free Trade
Committee 1931-1946; the diary
itself appears to have been lost.
Most histories of the Liberal
Party and Liberal ideas ignore or
dismiss Hirst, although there is
greater interest among libertar
ians; see,for instance Mark Brady,
Against theTide:The Life of Francis
W Hirst (www.libertyhaven.com,
14
35
5
War ¡899-1902 (London, 1995).
3S
Hirst, Golden Days, p. 192; Simon,
Retrospect, p. 45.
16 M. A. Hamilton, Remembering My
Good FrieiuU-{London, 194.1), ρ
17 Gooch, Friends, chapters by J. E.
Allen (Hirst's brother-in-law)
and Arthur Ransome (an angling
partner), pp. 13,48-57.
Hirst, Golden Days, p. 248.
19 S. Koss, The Rise and Fall of the
Political Press in Britain, vol. 2
(London, 1984), pp. 211 — 12. S.
Koss, Asquith (London, 1976), pp.
!49-50-
S. Koss, Rise and Fall, p. 2 í 1.
Unfinished Peace, Report of the
International Commission on the
Balkans, 1996. Carnegie Endow
ment for International Peace,
Washington. See also www.macedoniainfo.com/macedonia/
foreword.htm.
Hirst, Harvey, pp. 71,75.
C. Hazlehurst, Politicians at War
(London, I97i),p. 125 citing let
ter from Hirst to C. PTrevelyan,
12 August i9i4,Trevelyan MSS..
24 C. Hazlehurst Politicians at War, p.
26
27
J. Simon, Retrospect (London,
28
1952),p. 34.
29
Hirst, Harvey, pp. 109, 114-15.
See also Dudley Edwards, Pursuit
of Reason, pp. 561-67.
F.W. Hirst, Money: Gold, Silver
and Paper (London, 1933),p. f67.
Notably The Political Economy of
War (London, 1915).
Hirst, Golden Days, p. 202.
Gooch, Friends, p. 17.
50
51
52
53
54
55
56
tions of 1910 (London, 1972), pp.
373-4, quoting Hirsts letter to
Gilbert Murray 21 January 1910,
and p. 501; Gooch, Friends, p.
74-75·
39 He considered the record of
the Labour Party (especially
Philip Snowden) on free trade
to be more creditable than Lloyd
George's, see Hirst, Safeguarding
and Protection (London, 1926), p.
57
58
59
27.
40
There is a paean to CampbellBannerman in Hirsts Golden
Days.
41
Hirst, The Formation, History and
Aims of the Liberal FreeTrade Com
biographical History) (published
privately, Dunford House, 1947).
I am grateful to Professor Philip
Williamson for providing me
with a copy of this document.
42 F.W. Hirst, Principles of Prosperity
(London 1944), pp. 108-9. It had
produced pamphlets in the late
[930s against high taxation and
armaments. Leslie Hore-Belisha
and Oswald Mosley were succes
sively secretaries of the League
after Í9i8,see Hamilton,Remem
bering, p. 85.
43 Hirst, Liberty, p. 295.
44 Letter to Campbell-Bannerman,
í 9 December 1905, CampbellBannerman Papers, Add Mss
41238, quoted in H.V. Emy, Lib
61
62
63
64
65
erals, Radicals and Social Politics
¡892—1914 (Cambridge, 1973), p.
Letter to J. C. Wedgwood, 23
January 1924,Wedgwood Papers,
quoted in R. Douglas, Land, Peo
66
ple and Politics: A History of the
68
Land Question in the UK 18781952 (London, 1976),p. 185.
46
D. Marquand, Ramsay MacDon
ald (London, 1977), pp. 299-301.
There is no mention of Hirst
in Parmoor's account of his
appointment, see A Retrospect,
The Autobiography of Lord Partnoor
47
(London, 1936).
Gooch, Friends, chapter by Hirst s
secretary 1929-31, p. 46.
1938.
For example W. H. Hütt, who
Hirst had helped to write The
Philosophy of Individualism in
Hirst was on the executive of the
FTU until the late 1940s, over
lapping with Arthur Seldon, for
example.
Letter trom Hirst to R. F. Hår
rod, 6 November 1946, refers to
the 'so-called Liberal Party' and
adds 'Tories are all for conscrip
tion and preferential protection.
They are no more conserva
tive than the Liberal Parties are
Liberal'. See: http://e-server.
e. u-tokyo.ac.jp/Exhibition/keynes/gif/167-02.gif
Hirst, Money, pp. 238, 247η;
Hirst, Principles, p. 80-S2. Gooch,
Friends, p. 37.
Gooch, Friends, p. 17.
R. F. Harrod, The Proj:A Personal
Memoir of Lord Chenvell (London,
í 959), p. 243.
For example, he was elected
2 ist of 30 members at the 1943
Assembly, it appears that he did
not seek re-election in 1945·
LPO reports 1937-47-
199.
45
Hirst, Principles, p. 147 and Hirst,
Money, p. 159.
Hirst, Principles, p. 87.
Gooch, Friends, p. 22-2 3.
Hirst, Liberty, p. 292.
Hirst, Money, p. 220.
Hirst, Money, p. 242.
D.Abel, Ernest Benn: Counsel for
Liberty (London, i960)
For the classic Thatcherit«? inter
pretation see D. Willetts, Modern
Conservatism (Penguin, 1992).
R. Cockett, Thinking the Unthink
able (London ,1994), p. 9-10.
W. Lippmann, The Good Soci
ety (Boston, 1937), p. viii. Lippmann's book also influenced the
Ownership for AH programme
adopted by the Liberal Party in
1927.
60
mittee 1931-1946 (A Brief Auto
270.
25
Dudley Edwards, Pursuit of Rea
son, p. 541—42.
Hirst, Harvey, p. 129; Hamilton,
Remembering, p. 85.
Hirst, Harvey, pp. 119-20, refer
ring to letter to The Times of 5
July 1916.
Hirst, Harvey, pp. 139-41,146.
N. Blewett, The Peers, the Parties
and the People: the General Elec
15
58.
6
37
The Origins of the South African
1999). Hirst's papers (together
with those ofjohn Morley) were
acquired by the Bodleian Library,
Oxford, in 2000. Hirst's mem
oirs, In the Golden Days (London
1947) only go up to 1906.
Hirst, Golden Days, pp. 54—55,
However there is only one brief
mention of Hirst in Morley's
Recollections (London, 1917).
Ibid., pp. 160-61.
Hirst, Gordon Harvey, p. vii.
Hirst, Golden Days, pp. 193, ¡99.
Hirst, Golden Days, pp. 183-5.
This view is not shared by mod
ern historians, see I. R. Smith,
Politicai Tradition volume >: The
Ideological Heritage (1983), pp.
97— 100 for detailedlūššēSmēnū
34
36
1
Beveridge and Keynes were
among his fellow editors of this
series of histories.
49 Hamilton. Remembering, p. 80;
See W. H. Greenleaf, The British
48
Hirst, Liberal Free Trade Commit
tee, pp. 31-32.
Hirst, Money, p. x.
Ibid.
69 Hoover and Hirst became friends
before 1914 when Hoover
worked as an international engi
neer and visited London where
he was briefly a neighbour in
Campden Hill. He looked after
Hirst when he was taken seri
ously ill during a visit to the US
in 1929. Hoover contributed to
Gooch, Friends (see p. 45).
67