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eavy national debt, with augmented authority in the central government. John Bull's ill-humor against the "Yankees" has been in vigorous exercise these four years, and has assumed fair latitude for growling itself out: it has been palpably wrong in some of its inferences; for the bubble of Democracy has _not_ burst, nor the Republic been split up into two or three federations, nor the abolition of slavery been a mere pretext and hypocrisy. Englishmen, with their practical turn, and candid frankness towards those to whom they have done less than right, may be expected in the future to look upon the States with a degree of confidence and cordiality long deplorably absent. The events of the war have, in the long run, compelled even the hostile party to respect the Unionists and their government: the plague of slavery is fast going, and, with its disappearance, will relieve Englishmen from either (as they used to do) reprobating the Americans as abettors of and trucklers to the barbaric institution, or else (as they have been doing of late) from inventing half-sincere excuses for that same institution, to subserve partisan feelings. As matters stand at present in the United States, there appears to be only one contingency which would again rouse into a fierce flame the glowing embers of pro-Southern sentiment among Englishmen, and restore Southerners to the position of angels of light, and Northerners to that of angels of darkness, in British imaginations. This contingency is harshness in the treatment and trial of ex-President Davis, and more especially his execution as a traitor. Southern sympathizers declare that such a proceeding would be an abominable crime: the steadiest, most thorough, and most confiding adherents of the North believe, that, whatever else it might be, it would, at any rate, be most deplorable,--an ugly blight-spot upon laurels won arduously and gloriously, and as yet nobly worn. * * * * * I have now, in however cursory or limping a mode, gone over the ground I proposed to cover. The main conclusion of all may be summarized in the briefest terms thus. A slight majority of the whole British nation probably sided with the North, and that chiefly on anti-slavery grounds: a great majority of the more influential classes, certainly, sided with the South, and that chiefly on general grounds of antagonism to the United States. For anything I have said which may possibly soun
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