In this production Cobden advocated the same principles of peace, nonintervention, retrenchment and free trade to which he continued faithful to the last day of his life.
Crispis so-called megalomania gave place to retrenchment in home affairs and to a deferential attitude towards all foreign powers.
The size of the city was diminished by the retrenchment of nearly one-third at the northern end, which brought the enceinte more nearly to a square form.
The need of financial retrenchment led to his opposing the proposal that war veterans should receive a cash bonus.
Economic depression gave the Granger Movement considerable popularity, and an outgrowth of the Granger organization was the Independent Reform Party, of 1874, which advocated retrenchment of expenses, the state regulation of railways and a tariff for revenue only.
The registry of the citizens, the suppression of litigation, the elevation of public morals, the care of minors, the retrenchment of public expenses, the limitation of gladiatorial games and shows, the care of roads, the restoration of senatorial privileges, the appointment of none but worthy magistrates, even the regulation of street traffic, these and numberless other duties so completely absorbed his attention that, in spite of indifferent health, they often kept him at severe labour from early morning till long after midnight.
His efforts to reconstruct the Spanish navy were attacked both by the apostles of retrenchment and by those who saw in the shipbuilding contracts an undue favoring of the foreigner; the Marine Industries Protection Act was denounced as favoring the large shipowners and exporters at the expense of the smaller men; the Compulsory Education Act as a criminal assault on the rights of the family.
The claims of the railways, however, necessitated retrenchment on official salaries, and the president's plan for conversion of the debt roused unexpected and successful opposition in an ordinarily subservient Congress.