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ALFRED THE GREAT figures in history as the founder, in some sense, of the British monarchy. Of that long succession of sovereigns who have held the scepter of that monarchy, and whose government has exerted so vast an influence on the condition and welfare of mankind, he was not, indeed, actually the first.There were several lines of insignificant princes before him, who governed such portions of the kingdom as they individually possessed, more like semi-savage chieftains than English kings. Alfred followed these by the principle of hereditary right, and spent his life in laying broad and deep the foundations on which the enormous superstructure of the British empire has since been reared. If the tales respecting his character and deeds which have come down to us are at all worthy of belief, he was an honest, conscientious, disinterested, and farseeing statesman.If the system of hereditary succession would always furnish such sovereigns for mankind, the principle of loyalty would have held its place much longer in the world than it is now likely to do, and great nations, now republican, would have been saved a vast deal of trouble and toil expended in the election of their rulers.