George William Erskine Russell,
Collections and Recollections
“ It is unlucky that a comparatively recent change has put it out of the power of a Prime Minister to create fresh Irish peers, for an Irish peerage was a cheap and convenient method of rewarding political service. [24] Lord Palmerston held that, combining social rank with eligibility to the House of Commons, it was the most desirable distinction for a politician. Pitt, when his banker Mr. Smith (who lived in Whitehall) desired the privilege of driving through the Horse Guards, said: "No, I can't give you that; but I will make you an Irish peer;" ”
