At the end of the process the Jews, in proportion to their numbers, held a power in this country beyond anything that has been seen in any other of the world. Poland at the end of the Middle Ages, when that country was most nearly comparable to Britain for the harbouring and support of the Jewish people, is the only parallel, and that a remote one.
Every English Government had (and has) its quota of Jews. They had entered the diplomatic service and the House of Lords; they swarmed in the House of Commons, in the Universities, in all the Government offices save the Foreign Office (and even there representatives of the Jewish nation have recently entered); they were exceedingly powerful in the Press: they were all-powerful in the City. No custom unsympathetic to their race, from the duel to popular clamour, survived. They could boast that England was not only the country where no distinction whatever was made in practice, let alone in law, between the Jew and the native, but that England was the only country where the Jew was always well received, where his natural defects counted least and where his natural abilities had most scope.
Such a state of affairs could not last. It was not natural. It was not consonant with hidden but deep popular tradition or with popular appetites; it corresponded only to the mood of one European community in its wealthier classes. A divergence between the cosmopolitan financial interests of the Jew and the particular national interests of Britain was bound to come. War on a large scale, though it did not imperil the country itself, was a warning of change. It appeared with the South African campaign before the end of the century. The position of the Jew was altered. Some dissatisfaction with his power began to stir. It was already muttering and beginning to show itself with the rise of commercial and maritime competition in the new German Empire which, in its turn, had become led, upon all its commercial side, by Jews. There was bound, I say, to be a reaction and a permanent one. While it was yet taking place, in the heat of the Great War, before it had