The Express.
London, England, 1862-05-16 00:00:00

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LONDON, FRIDAY, MAY 16.

IT was, we believe, M. Girmar who, as Minister
of Foreign Affairs, assured the Chamber of De- ,
pubes that France was rich enough to pay for her
" glory," and disdained to seek pecuniary indem-
nity for her brilliant military exploits. The Second '
Empire would probably remark with something
like a sneer that the Monarchy of July might
easily afford so small an item in its expenditure.
Liberals of all shades, from doctrinaire to repub-
lican, who look back with a sigh of remorse to a
period of fruitful peace and progress which, like
most good things on earth, was only valued when
it had passed away, would perhaps rejoin that if
Locus PHILIPPE was not a gambler in dynastic
" glory," neither was he a spendthrift of the for-
tune of the State ; and that " glory," even when
conquered nations pay for it, is a dear bargain in
exchange for domestic liberties and a solvent
treasury. M. Coma Prmairs's conclusions in
favour of the parliamentary government which con-
ducted the affairs of France for eighteen years
are irrefutable on strictly financial grounds.
It is only when, by way of concession to the
ruling passion of his country, he endeavours to
set off the " glory " of the constitutional Monarchy
against the same article in the account of the
Second Empire, that the eminent writer is not so
happy. " The expedition of the Tagus, Ancona,
" St. Juan d'Ulloa, and Mogador," form an im-

posing sentence, but they make a poor figure in
military annals in comparison with the Crimean,
Italian, and Chinese campaigns. M. Cain's
Psalm would have left his financial argument

stronger had he omitted his parenthetical recolleo-
bons of " glory." His occupation of Ancona
sounds like a sorry anti-climax after the war that
liberated Italy. His " expedition of the Tagus,"
as a show of insolence to the weak, must yield the I
palm to the Charles et Georges demand. The
dashing bombardments of St. Juan d'Ulloa and
Mogador compete at • disadvantage with the
operations of Cochin China and the conquest of
Pekin. It is to be regretted that M. CASIMIR
Plena, as the champion of constitutional
monarchy, is not content with • " glory" more
enduring than that of frivolous or fruitless
expeditions. Parliamentary Government gave
peace and liberty to France, and paid its way on a
moderate income. The Empire gives " glory"
enough and to spare at the cost of peace, liberty,
confidence, solvency, and security ; of an average
yearly deficit of fifteen millions sterling, of an
increase of 168 millions sterling on the capital of
the funded debt, of forty millions of floating debt.
These figures are stated with all the force of
unadorned simplicity by our able contemporary
the Economist in an article on " the Indebtedness
"of Nations," showing, on the faith of authori-
tative documents of foreign Governments, of the
reports of our Embassies abroad published offi-
cially by the Board of Trade, how, with the
single exception of England, all great Powers are
" encumbered with large deficits," all borrower;
all vieing with each other in immense
unproductive expenditure. In thispernicious com-
petition the French Empire is true to the instinct
of " glory." Not only when it is waging a great
war, but " in the most favourable year of peace,
"there is a deficit of several millions. There never
"is a surplus." Instead of a surplus, however,
every now and then there is a " financial coup-
" d'iStat." The EMPEROR calla in a FOULD to feel
the pulse of the patient, to publish an alarming
bulletin, to prescribe a "conversion." The patient
confesses his sins, obtains absolution, and goes on
again as if nothing had happened, at • more spanking
pace than ever. Nor is it merely the ordinary ex-
penditure that increases from year to year, it is the
extraordinary budget that defies the calculations
of all committees. You may come to the bottom
even of the civil list of a "second Providence ;"
you may approach within a million or too of •
tolerably correct estimate of mere civil expendi-
ture ; you may send home fifty thousand peasants
to their communes, lay up half a dozen line-of-
battle ships and paddle-wheel transports, and
slacken the construction of as many iron-cased
frigates. But what if peace and quiet are your
mortal foes—if the revival of public spirit at
home is the poison you dread—if popular dis-
traction at all hazards is your only safety—if
national "glory " at all risks is a necessity ?
What peace and economy are to freedom, costly
expeditions and extraordinary budgets are to a
military despotism.
Six months after M. FOOLD'S installation,
France, or to speak more accurately, the French
Government is engaged in the modest enterprise of
the re-conquest of Mexico. Cochin China is found
to be a sadly unremunerative speculation in the
" glory " line. Dysentery, fever, and ennui ab-
sorb large quantities of forgotten troops, and
nothing comes of it but from time to time a report,
which nobody reads, of captured forts and mur-
dered missionaries, and " the next town to be
44 taken." What possible glory can be got out of
the Cochin Chinese t That tedious and thankless
business, the protection of the HOLY FATHER, is
used up, and something must be talked about now
that General Ds Govox is coming home ; some-
thing, if possible, that combines Catholic interests
with "glory." An expedition, say, in the footsteps
of CORTEZ by France, the soldier of Europe, collect-
ing the debts and avenging the injuries of her allies;
by France, a new American power, establishing
the supremacy of the Latin race in the
Spanish Main, and controlling the destinies
of the New World I Malcontents at home,
who snarl at the budget and prate of liberty,
will cease their miserable murmurings when they
hear of the Zouaves encamped " in the halls of