current in Europe.  It is beyond denial that, in spite of the slavery question, the Southerners have been rather the favorites, partly as the weaker side, partly as conquerors against odds, and partly because their demand for independence was thought too natural to be resisted at the sword’s point by a Government founded on the right of insurrection only.  To these merely sentimental and not very cogent considerations was added the more potent and weighty reflection that what the Southerners had done no Power, whether American or European, could succeed in undoing.’

The rest of the article, as the reader may recall, was devoted to sneering at the North and in commending intervention; the whole being characterized by an underhand, venomous, and latent treacherous tone, much more becoming a vindictive and vulgar Oriental than a civilized and Christian European.

A little while before the Times leader appeared, the London Morning Herald had informed the world that

     France and England suffer more than neutrals ever suffered from any
     contest, and both begin to regard the war as interminable and
     atrocious.’

It is singular that the great majority of the British press and people should dare to talk so glibly of intervention in this our civil war, when we consider what their intermeddling may cost them.  Cotton they may or may not get, but no intervention can compel us to buy their goods, and, as we have already pointed out in our columns, the entire loss of the free States market involves a disaster which will be permanent and terrible.  Apart from the danger attendant upon insolently threatening a nation amply capable of mustering an army of a million on its own soil—­two thirds of them practiced in war—­there remains to be considered the utter loss of all American custom.  We buy much more than any other nation whatever.  Worse than this, for Europe, there would follow Such a development of our home-manufactures as would seriously threaten to drive England and France from a hundred markets.  Let them think twice ere they intervene.  But the people, it is said, are starving; and it may be, for this is one of the occasional and unavoidable results of England’s endeavoring to become the workshop of the world.  By over-manufacturing, she has brought it to such a pitch that one fourth of her population live on imported food—­such as do not starve outright—­for be it remembered that in Great Britain one person in eight is buried at the public expense, while one in every twelve or fourteen is a constant pauper.  They are starving at present more than usual, simply because the North is buying less; but to turn away any popular opposition to government, and suppress riots, they and the world are told that the trouble all comes from the closing of Southern ports and the want of cotton!  This, too, when published facts show that the stock of goods and cotton on hand far exceeds the demand,