REFORM MOVEMENT • E-FREE TRANSLATION.COM • Definition of Reform movement

... commercial syndicates. This mood of optimism did not survive the South African War. It received its death-blow at Colenso and Magersfontein, and within a few years fear had definitely taken the place of ambition as the mainspring of the movement to national and imperial consolidation. The Tariff Reform movement was largely inspired by a sense of insecurity in our commercial position. The half-patronizing friendship for Germany rapidly gave way, first to commercial jealousy, and then to unconcealed alarm for ...

— Liberalism • L. T. Hobhouse