The Press.
London, England, 1853-09-10 00:00:00

of fortune, and they whirl by us with an undis-
puted title, as far as we are concerned, to their
full share of the incidental dust. It is not to
a journal which has espoused every side, advo-
cated every measure, and alternately de.
nouneed and apologised for ever), turn in the
scale of events, that we would offer au excuse
for a pretended condescension. But, attri-
buting to the real actors in this disgraceful
drama the declarations they have inspired, we
reeal the vauntings that " England will never
permit such wanton aggression "—" The people
of England will never suffer such unprinci-
pled infringement on the rights of our ancient
ally ;" and we read these delusive eneourage
ments of Turkey by the light of a deception all
but admitted, and a pusillanimity which trem-
bles at the issue it has provoked.
Beyond the press, and beyond even the
Ministry, there is a power which is answerable
for this climax of poltroonery—the power of a
jealous but incapable democracy. it may or
may not be true that Lord ASISDEIN solicited
from Mr. COBDICN the support of a " peace mi•
tation" in favour of his policy ; but it is true
that he and almost all his colleagues have not
the courage to take one patriotic resolve in
defiance both of the platform and the Atoek
Exchange. It is now that the generous sec-
tion of the Democrats themselves feel the
want of that high spirit of the gentlemen of
England which they combined to outclamour,
and lampoon, and sequester. " The whirligig
of Time," as the clown has it, " brings in
its revenges." But theip, are melancholy and
humiliating to them and to all of us. We
behold the peace of Europe and the balance
of Empire at the mercy of demi-savage and
fanatical hordes. We see the tracing of the
first hostile parallel as against our Indian do.
minion ; and, waiting while Asaanass is sup-
ping his candle, our only compensation is the
interruption of his plans for aggrandising the
power of that very democracy which has made
us so weak and him so contemptible.

MR. GLADSTONE AS A FINANCIER.
Ws have no means of ascertaining whether
there be any truth in the following paragraph
printed in the money article of the non on
Wednesday last :
" Notwithstanding the dossession in the Stook Market,
Ezeheivier Ms mesh' at Is. &smut to la. pagssa,
but an impress's. is isinerisimail that the Chamsdler of
the F:schequar.ia order to sustain the Moe. sasses dim
to be pishi am GOVlChaffllt assoust, in ths abssess
of any funds ismodiately available kr that by
the proceeds of asks of Three per Cent 8 OD
account al wimp banks."
The commercial intelligence of the tunas Is,
we are bound to say, generally correct, and the
above statement does undoubtedly receive
some confirmation from the fact that Exche-
quer Bills remain unaltered in price, while
many securities of other descriptions are
drooping. But we nevertheless think it quite
impossible that any Finance Minister would
venture on much an operation as is hero attri•
buted to Mr. 0 IMMTONE, as it would evidently
result in serious loss to the Exchequer, and
might probably endanger public credit.
The present interest on Exchequer Bills is
little more than one and shalt* per cent., and
therefore to convert Three per Cent. Stook
into those securities would involve a loss of
just one half the ineome which the stock at
prevent produces. 'nitre would, besides, ki