, 1866-03-29


T1ir NueAetl 1eAi%nnsEon Cnnard-HoW
II tOrf@lnated-Deelislc OF the London
TtucA-Janlntca Affairs.
LoSDos, Masrh 10:
A CRUEL TALsEMuoD.
One Of the most cruel untruths Of which even
the Times was ever guilty was pcrpetratel
last Wednesday morning by that Journal In
the postscript to my letter on that day, re-
ferred to tho Timex announcement Of the
probable resignation Of Earl Russell at an
early II not Immediate date; but was care
ful to describe the report as merely Fumosed
reconstruction OF the Ministry, preferring not
TO indorse D statement Of SO III ucl import
aucc until had made inquiries In responsible
quarters in regard to It. Your readers would
have been amazed could they have seen our
London papers next morning. All Of them,
without exception, leyclled their batteries
upon their big contemporary such organs Of
the press rs the aristocratic .Hor@irg Po,t and
the aristocratic officiating Daily Telegraph
being Ioudest In thetr abuse Of whit Journal
istic ktd-glovedness prevented them calling q
downrih ht lie. The Times itself was compelled
to cat It's own words the very same morning,
coniessing in straight~out manner that Its
previous days information was based upon q
rlunor, but that Its authority for the news
was OF the most authoritative character. No
thing could better prove the extreme gulhbillty
Of our middle and upper classes than the ei-
well-planned, yet obviously false, state
mcnt. The public funds Immediately
fell quarter per cent, and every other de-
scription Of stock, with the great exception
Of al American securities, we're still worsc af.
teeted The numerous foreign mail steamers,
Snyyf4 f41ot,1 ptNrt
every "Wednesday, carried the startling news
to distant parts OF the earth; aud thus,
wherever commerce can DO influenced By po-
litical changes, the Times has struck blow
Which may produce the most disastrous ef-
fccts. Whatever all Of us may think Of the
Times, however much rs we may aboMtnate
the cause which it espouscs, none OF us, the
world over, wilt question or deny It's vast in
1ucnce aud consummate ability. We have
q right to assume that, In view OF the present
status Of Earl Russell's administration and Its
great majority in Parliament, the Times could
nier's resignation; and the time-honored
question, 'cui tonof'' therefore comes up
with startling appropriateness. What could
have leen It's motive In thus decclving its
readers and parnly for the time being, the
interests OF trade and commerce? Il We may
accept the explanation Of those qualified to
give m opinion, that motive Was double
| bnrrelled one first, design to damage the
| Government, thereby imperil1iug the ap-
proachiDg Reform bill; second, stock-lo Job
bling trick BY winch the proprietors aud en-
| ploycs Of the paper might benefit themselves
| by damaging tho rest oil the community.
| There Is no better place for obtaining sound
Information on passin. events In this country
! than IN the 1obbies, refreshmcnt rooms md
| other localities OF the House Of Parliament.
| News spreads there with te1egraphc rapidity !;
| q false report Is Immediately sifted and con-
/ II. lad IAAA I..s,4 IL
cvent), and tho originator becomes quickly
| unmnsked. Last Thursday eycning-thc day
subsequent 10 the Times nbellous statement
] was chatting with one OF the chief officials
ofour Congress and, In the course OF con-
vcrsution, I asked him who was considered to
he the authority for the Tines report, "Ohl''
said he, "wc trace 1t to Bob Lowe" bob
Lowe"'is none other than the Right Honor
| able Robert Lowe, @ member Of the Privy
Council, q subordinate member Of the late
Lord Palmerston's administration, and the
| deusex machine OF the TINES. This sBob
Lowe" is an Albino, physically, mentally and
politically. He is, moreover, man Of queer
ability, which he uses In very queer man
ner. He processes to be a Liberal, and sits on
the Government side OF the Hou1e Of Com
mons but his speeches Of late years hnVc
invariably been In favor OF the Conservatives,
md he y POW regarded as the wonld.he vet
nurse Of the Tory party. The mans impu.
dence reminds one strongly Of his prototype
Dazzle, in tsLondon Assurance.'f / heard
him called the other day by ono Of the great.
est chiefs Of the Liberal party i'm fnsolant
fellow" a description which accurately por.
trays his manner In the House Of Commons
and the feeling with which ho Is regarded by
the country. ~
DECLINE or THE "TlNEs.n
do not think that my mIsstatcmeDt, ol
trick, Of the Times has ever damaged 1t &C
much ns this editorial declaration With 70
gard to the ministry. Ono thing IL beyond
cavil. That leading organ y hos been 60
ing down hill slowly, but surely, during tht
past five years not so much on account o
the increasing and able rivalry Of the: chear
press, as in Consequence of It's own mismtn
agement- The penny papers possess In tht
aggregate an enormous capital such Journals
as tie 1c,n.1g Star, PGay Telegraph, Staa
dard, and the innumetable list Of local daiiic:
like the Guy Press, CitrkeutceH Nt1cst YES
London Adre7titeT, &c, are constantly de
creas'ng Its circulation, the latter set depriY
ing It OF its advertisers little By little, while
the former match It In the ability Of fts lead
ing articles, and compete with 1t In obtaining
early news from NIL sources, foreign and do.
nestle. There are, besides, very inluentia
organs Of public opinion In the provinces
Efamtner and 1lmes, Liverpool and Birmlnss
ham Post, Leeds dEercurv, tSeottman, &c.
which give all the news to BE- tonnd In th'
Times, and therefore render Its purchase !uu
necessary. Still, John Bnll is strong con
servatiTe, and the st Thunderer" of formel
days might have borne rp against 1ta abl
antagonists had lis former ability continued
Your late troubles were the turning point \
its career. do not mean to say that 1t
false prognostications in regard to that colos
\ sal struggle seriously damaged 1t, becaus
, !fts feaderS.-1u other words, the EnY