The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1870-11-19
TIE PROSPECTS OF PEACE.
Che London Times Correction of Its Own
Prediction-What is said OF "a Great

Che London Times Correction of Its Own
PredictiOn-What is said or "a Great
Powers Alliance.
From the Pail Mall Gazette, Nov. 81
The London Times, having dreadiully misled Its
city readers by inspiring them in the later days OF
last week with belief in the prospects Of peace
makes amends tins morning by pioneering some
really sound advice to SPECTATORS as follows:-
The wisest are these who will moderate, or rather
lay by their hopes, and make their calculations on
the basis that the will not be short. This the
safest policy both for purse and peace OF mind, for
II the apprehension be realized they are prepared
for it, and II fortunate turn OF affairs round
It is so much unexpectedly gained Let them re-
member that this has not been as yet q long war,
though the succession OF tremendous events makes
II seem az IL age had passed since July, and the
public curiosity, stimulated by incessant kilograms
and fed by copious descriptions IS almost surfeied.
The fact Is that neither belllgerent is exhausted,
and The demon OF military pride mpels each TO con-
tinue the struggle even against It's inter ests. Neu
trails believe The french TO be irreparaby beaten.
From all we near II would seem that the ablest
Frenchmen nave come 10 the same conclusions; but
the defenders Of Paris, who as yet undlsturbcd
by prussian cannon, aud the populations OF the
northwest and south, who have felt nothing OF the
war, are unconvinced and boastiul. On
the other hand, We cannot nelp believing that
w ,ae german sreh b SaeS er very roon
from before the uGsaken forts and walls of Paris.
Even II they obtained tncIr demands-their Alsace
their German Lorraine, their three mlllards,
whatever IL may be-tnc cesslon would probably
rather disappont them Than otherwise If 1t pre-
4,
which they have prepared at so much cost. Let our
business men, then. make up their minds that the
work is TO no On Not until Paris Is TAKEN the
impossibiiiy OF the task demonstrated viii there be
ground for hope OF peace ON which Will be sale
10 speculate.
Though this counsel comes very late 1t is good
counsel aud It is rather pity that ON the same
page the Times should urge another attempt at ne
gotiaion on grounds utterly hopeless and impracti-
cable. The plan is .'thaE the great Powers should
offer Joint and several guarantee 10 each belllger
ent against the unjusIned attacks OF the other, on
the condition that the threatening i0rresses OF the
French frontier should be dsmantled.' III the IN
ventor OF this solution or the difficulty had asked
himself what are the great Powers which are TO
enter into this guarantee, ana what their
'.jolnt anu severaln undertaking would amount to,
and how such proposition is likely to be regarded
by Count Bismarck and the Germans whose volun-
ary consent Is necessary TO any peaceful solution
OF the dnculty'b he would have seen the latulty OF
such proposal al such time. When the Germans
are driven back to the frontier they may possibly be
inclined to listen TO such terms. Whether then,
with France terminated and victorious las In That
case she would be). the governments OF England.
Russia and Austria would be inclined TO enter INTO
such an alliance as the guarantee signifies is fur
amer consideration.