Abstract
Historians have always assumed that what has to be explained about Peel is his flexibility or constant ‘fluctuation of opinion’. Few would accuse him of having practised ‘long meditated deception’ against the party he betrayed in 1829 and 1846; it is a charge which Peel's ghost would complacently deflect by a ritual appeal to ‘conscience’. Hostile commentators have preferred to follow Disraeli in attacking Peel's most sensitive spot – his intellect. Disraeli's analysis is familiar but worth quoting because it established a context for much of the subsequent discussion.

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