The second peril is one whereof nobody speaks, but which must occur to any man who has studied the history of the past eighteen years or reflects upon the condition of public opinion.

The peril, to put the matter plainly, is that Home Rulers will not stop at attaining Home Rule for Ireland, and that they may, and probably will, attempt to undermine the political predominance of England.
Everything points in this direction.

The agitation for Home Rule has fostered in Ireland, and to a very limited extent in certain other parts of the United Kingdom, a feeling approaching to jealousy of English power.

England or Great Britain is the predominant partner.

England is wealthy, England is prosperous.
England, as the language of common life imports, is the leading member of the United Kingdom.