The Express.
London, England, 1862-04-03 00:00:00

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LONDON, THURSDAY, APRIL 3.

hint& .D of 11Am* with • too credulous coin-
PlwwwneY to megrims comments on the patience
and fad lity of the American people in accepting
an sacs mem load of war...mines in order to pre-
serve yid the institutions of their foie-
fathers and to army the Union safely through the
crier ies fate, the British taxpayer would, per
be mere umfally and profitably employed
in 10. iking a little nearer home for the text of a
hour Jy eats melon of Ministers of the Year
IMe for weeklong expenditure and the gullibility of
• P, Inotie Parliament. on this side of the "pond"
we see a nation on terms of strictest amity with
as neighbours end at peace with all the world, for,
as far as Emilia is concerned, we may be pee-
n) itted to sesame that the Mexican expedition hag
yet attained, and is not likely to attain, the
d Miamians even of a " little war." This evening,
t ben, it will be the pleasing duty of a liberal gad
mlightened CH•NreLIAM of the Exeegoren to
present to the House of Commons a statement
which it will be no easy task for the most
ingenious malice of Tory financiers to misrepresent.
_All the visions of • yawning abyss of deficit which
Pthe prophetic fury of the Camas miss of the Oppte
"Nation conjured up last year for Mr. G tapeworm's
Wmintiture have vanished away before the sober
'daylight of facts. Instead of the two or three
rßillions' deficit which the mildest of his critics had
.predicted as the inevitable consequence of the
Commercial Treaty and the Repeal of the Paper
: Duty, and in the face of a conflict which paralyses
the most important of our manufactures, and stops
lie hugest outflow of our commerce, the CHAP:
• vet long of the Exemnio-rx is able to show, figures in
hand, a buoyant and elastic national revenue, an
increuuig consumption of the poor man's luxuries
and the rich man's necessaries, a surplus on the
year in the Customs, and an Excise already re-
covering from a salutary but severe depletion.
The Tory croakers will hardly be able to paint
Mr. Ld vetoer. as black as they painted him a year
or two ago, or to denounce the certain results of
the Commercial Treaty as confidently as they de-
nounced its probable effects. Mr. (hap.-roe; at
all events, has earned • year's repose, and he
may sit on that ministerial bench of lotus eaters
with the happy consciousness of having something
better than pledges abandoned, and promises for-
gotten, to show in • year when there is to be an
"exhibition" of everything, including the wonder-
ful unanimity of the House of Commons in doing
nothing.

But it is not the prophetic croakers that Mr.
fasuirrosz has to encounter this year with a
Budget remarkable it may be for the negative
merits of exciting no expectation and causing
no disappointment. We cannot have a
Budget of action every year. The new sort of
obstructive. Mr. Gzsiscross has to meet are his
old assailants with a new faoe—the face of genial
congratulation. A year ago these critics were
deploring the rashnesa, and foretelling the failure,
of • Minister who was lopping off two millions and
a half of imposts for the fun of the thing,'
and at the same time cheering the vigorous old
statesman who had comedown on • Monday night
and got eleven millions voted with acclamation
for the protection of our dockyards by dropping
forts about promiscuously on spits and shoals be-
tween the Needles and the Warner Light ! Since
then, however, these disinterested censors have
becu more usefully engaged in exposing the
extravagance of a Republican Government in the
throes of • revolutionary war, and the proneness of
a republican nation to pay dearly for self-preserva-
tion. Only the other day it was that these same
censors of American taxation were moralizing on our
Revenge Tables for the year, and quarter, in •
strain which we recommend to the sympathies of
Mr. Cessz. The text was an elastic and increas-
ing revenue ; the sermon was on this wise ; The
' more we make the more let us spend ; a great
' nation, like a great man, must lire at a great
' rate.' Vet to do full justice to the consistency of
the preachers, let us add that even as in the same
breath they ridiculed the excess of war expenditure
in America, and admired the continual increase of
peace expenditure in England, so in one column
they condemn the duties on Fire Insurance, and
in another proclaim the necessity of rebuilding the
British navy without reference to the question of
those fancy forts for which eleven millions of public
money are being dribbled away. We would
willingly ascribe these contradictions to modesty,
for the great preacher who laughs at Yankee
patience under taxation was the first and loudest
to cheer our own veteran Misisrza on when he I
asked for eleven millions for the famous Spit. I
bead forts !

Happily we have no modesty to consult in the
discussion of these costly follies, nor will our
readers require any reticence or evasion in our
treatment of the subject. The opinions we uttered
two years ago we utter still, without modification
or reservation, but endorsed by that tremendous
experience in the James River which has suddenly
converted every naval and military Member in the
House of Commons. This is not, however, a
merely naval or military, or tactical or engineer-
ing question ; it is before and above all a financial
question. Mr. GLAUKTONE has more than once
impressed in mole= tones upon the House of
Commons the impracticability of "eating your
" cake and having it." To throw millions into the
mud or into the sea in a fit of panic, or under
the intoxication of the potent spirit of claptrap,
may be a truly British sport ; but, like most other
sports, it must be paid for. " Leading " panic-
mongers and Corypha•i of claptrap, talk not of
" taxes upon prudence"; ye who cheered so
vociferouslythe prodigality of the patriotic Minister
who proposed and " carried " the Spithead forts;
ye, who now assure the British public that the