means? The extravagance and profligacy of his Government had deprived
him of them; his exchequer was empty; and had he, or they, the boldness
or the virtue to propose what has been demonstrated to have been the
only mode of meeting the exigency, an income-tax? In vain, therefore,
may his lordship and his friends declaim in the ensuing session, and
with our bombardment of China in his ears, say "that is _my_ thunder."
They will be only laughed at and despised. No, no, Lord Palmerston;
_palmam qui meruit, ferat._ Let the nation decide.

The late military and naval proceedings against China, reflect permanent
glory upon the arms of England, naval and military, and we earnestly
hope--we confidently believe--that those concerned in them will soon
receive substantial and enduring marks of national gratitude. But what
is the real value, what will be the consequences, of our victory? We are
very anxious to take the earliest opportunity of placing on record our
views upon this all-important subject, with a view of moderating the
expectations, and allaying the excitement, which prevails upon the
subject of the commercial advantages anticipated to follow immediately
on the final ratification of the treaty. Let us take a sober and
common-sense view of the affair, and reason thus:--

First of all, we must bear in mind the long-cherished hatred borne by
the Emperor and his court to all barbarians, particularly towards us;
exasperated now, doubtless, to a pitch of extreme intensity and
malignity, by the signal humiliation and injury we have inflicted upon
him. Can we expect that this will be suddenly and permanently altered?
It is not in human nature, which is the same every where. With the
thunder of our cannon in his ears, the supplies of his whole empire at
our immediate mercy, his armies scattered like dust, and his forts and
walled cities crumbling to pieces under our artillery, the necessity of