The Express.
London, England, 1857-11-11 00:00:00

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LONDON, WEDNESDAY, NOVEMBER 11

la the midst of a terrible convulsion—credit
annihilated, business stopped, the working dames
turned adrift by thousands, opulence itself hard pat
to it for the supply of its daily necessities, with lift
reduced to barter, and civilisation thing beck upon
the clumsy contrivances of barbarism—America,
from the very depth of her distress, manifests a
noble sympathy for the heroic struggles and the
anticipated trials of the old mother land. Nothing
can be more generous or more cordial than the
tone that pervades the higher portion of the
American pries in all its references to the
present position of England. The leading thinkers
and writers of this great Republic an evi-
dently heart and soul with this country in the
gallant stand which, by her handful of Anglo-
Indian heroes, she has been enabled to make against
this Sepoy insurrection. These publicists, lifting
themselves far above the influence of mean jealousy
and ancient ri, aiship, regard the stiU pending con-
test with the eye of true statesmanship. To them it
is a draggle of Western civilisation against Eastern
semi-barbarism; of the New World against the Old;
of the vital forces of Christianity and modern cul-
tare against the archaic dotage of en effete
Paganism. Strange indeed would it be if the
youngest born and most adventurous among the
nations should feel any sympathy with that im-
moveable conservatism of caste end idolatry which

for unnumbered tranvia hes dwarfed the souls and
polluted the morals and paralysed the energies of
the Hindoo. In America, as in Europe, England
commands a sympathy whose roots lie deep in the
very heart of one common civilisation. Here and
there Celtic fervour or Ultramontane zeal may give
birth to a few ludicrous and monstrous excep-
tions to the general rule; but M. Verittxr,
of the Uniree., and the Irish Sepoys of the
Nation, have no place or part in that
august conclave of Christendom which now tenders
to England the meed of its sympathy and support.
A drunken ballad-singer or an irrepressible organ-
grinder may so far abuse the negligence or leniency
of the police a to create a momentary disturbance
in the most polite society or discompose the order of
the most stately ceremonial. But nobody commits
the mistake of attaching the slightest importance to
the beery stanris or the monotonous drone. They
represent nothing except the coarse inebriety or
stolid obtuseness of their perpetrators, sad are best
dismissed by supreme indifference and silent con-
tempt

Contempt and indifference for the tumid rage of
Irish Sepoys and the impotent hatred of foreign
Jesuits, is no difficult lesson is the presence of each
cordial evidence* of good-will as the last mail has
brought us from the other side of the Atlantic. The
manhood of America admires and respects the man-
hood of England. " The strain upon the energies
" of our ancestral people is mighty," writes a Phila-
delphia journalist, " yet they bear it with an
" iron determination peculiar to a race born
"to conquer and command. They not only
" display no shrinking from the conflict, but dare
" to talk of their definitive triumph as certain,
" and plan the punishment of those who have
" roused the lion's vengeful ire. Even while the
" straggle with the mutineers is most disastrous in
" its upset, this brave nation prosecutes a war
" tram the millions of China, and maintains the
" summary of its flag in every part of the globe."
With this hearty recognition of the spirit with
which this nation his faced the exigencies of the
war, are mingled many natural forebodings as to its
powers of sustaining the doable shock of war and a
financial crisis. The case is stated fairly enough.
" This people, who already have two great wars.
.4 on their bands, will learn that the financial
" traits in this country has proved more
thoroughly destructive than they had any reason
" to anticipate ; that the debts due to them in the
" United States cannot be paid; and that, instead of
" sending them gold, we are looking to them for a
"supply to relieve oar distress." Well, the know-
ledge
has come to us, and it is indeed hard to bear ;
but we are much mistaken if the way in which we
weather the tremendous stress of this financial crisis
do not, in the end, prove quite as worthy of the
world's admiration as the dauntleasvalour with which
our countrymen, in spite of all odds, have sustained
the prestige of our name in India. There is, and there
will necessarily be, much euffering,wideupread cala-
mity, irretrievable lass. Hut es yet there ham not
been, and we are bold sough to hope that there will
net he, any of that unreasoning and unmanly panic
which creates the very evils under which it I.
armload. Hitherto there has been manifested me all
aides an eminently praiseworthy spirit of forbearance
and mutual accommodation. If this be persevered
in,—if wise relief be afforded by the temporary
relaxation of restrictions which only increase alarm
without guaranteeing safety, there can be little
doubt that we shall pass as triumphantly through
the ordeal of the Money Crisis as through the ordeal
of the Mutiny.
It must always be borne in mind that there is the
widest possible distinction between our financial and
mercantile condition and that of America. Trade,
which had been carried to an excess of speculation
there, has been sound and prudent here. It is im-
possible that any amount of monetary pressure
among our capitalists can produce that absolute sus-
pension of dealings between man and man which has
lately been witnessed in America. When credit is
gone, paper—which has no value except IPA repre-
senting credit—goes too. The bulk of the circulating
medium in America is—or rather was—paper ;so
when the crisis came, and specie tome possessed an