bt that the
spirit of national independence is as strong as ever. If we
interfere at all, we assist Mr. Lincoln to raise his three hundred
thousand men, we give a new impetus to the war, and postpone
indefinitely the chances of peace, which will never come till the
North has been convinced that it is useless to prosecute the war
any further. To do nothing is often the wisest, but generally the
most difficult policy. We hope that, unless some complete change in
the conditions of the problem take place, our government will on no
account allow itself to be tempted out of its present policy of
expressive silence and masterly inaction.'

The _Times_ speaks too late. One year ago it did not express the
sentiments of all England--now unfortunately we find that it has not
only poisoned all Great Britain, but is rapidly stirring up Europe
against us. The steady stream of falsehood; the reports of Federal
defeats which never occurred, and of confederate victories more
unfounded, are gradually weakening the faith even of Americans abroad in
the great cause of freedom. Let our people arm and out, in all their
strength. England and France are only waiting for reverses to our
Government to attack us right and left.

* * * * *

We clip the following in reference to a popular eccentric phrase from a
note by a friend:

'By the way, do you know that the phrase, 'Or any other man,' can
be found in Byron's _Letter to my Grandmother's Review_? He writes:

"Charley Incledon's usual exordium when people came into the tavern
to hear him sing, without paying their share of the reckoning: 'If
a maun, or _ony_ maun, or _ony other_ maun,' etc., etc.''

That settles it. After all, there is nothing original in this world, or,
as we presume, 'any other world.'

* * * * *

If the steamers for Europe take every week gold from this country, there
is at least some comfort in the reflection that we received and continue
to receive something for it. If American securities are returning to us
from abroad, we are at least getting them back cheap and shall some day
sell them again dear. There is some comfort and common-sense in the
following from one of 'Hallett and Co.'s' circulars:

'We certainly ought not to complain. We had their money at the
right time. It has done for the nation all that money could