Aaatx the home papers are full of details of Jubilee celebrations and festivities. Enough will thence appear to gratify the taste for gay, as well as for solemn, splendour. The procession out of doors, in which so many distinguished foreigners—signs on ecarth—took part, and brought representatives of the most powerful sover-ith them such evidence as demonstrations of that external and superficial nature can furnish to the amiable feelings of their respective Governments towards the British Crown—the sprightly and animating accompaniment of our fine and humane soldiers—the various pomp and circumstance of peaceful royalty amongst a free people—but beyond everything, and above everything, the elated spirit, the physiognomy, the kindly, ' neighbour ly manly, and hearty ce-operation of hundreds of thousands of assembled Englishmen in promoting their common object—viz., the exclusion of all unpleasant occurrences from the day, and the association of grateful remembrances with the manner of giving it colebrity—these things, taken together must suffice, by the mere record of them, to satisfy the curiosity of our readers, and to assist in their minds the cultivation of better feel tH than curiosity.—The above may seem a little old-fashioned, especially "the fine and humane soldiers it is a transcript, with che exception of the first sentence, of the opening paragraph of the leading article in the Times of the 29th of June, 1838, the day after the Queen's Coronation, and is copied from the facsimile issued by. the Times to its readers on the 23rd of June last. The writer goes on to say: "We have said that foreigners are struck with astonishment in looking at the congregated population of London and we know it. The intelligence—the broad and frank demeanour of the people—their countless numbers—their manifest assession of the comforts of life to a legreo far more abundant than any other nation—thei wer over the Government which nominally and ostensibly rules them—all such matters must engage the eyes
seriously than they cane affected by the pr understanding and nerves of foreigners more sence of any other race of men." From the conclusion of the article we gather that the Duke of Wellington was received in 1838 by the people with far more enthusiasm than the little-known young Queen, and that the Times itself was not certain what sort of a Queen Victoria would make. "Tf Her Majesty," says the Times, "have much approbation given to her on trust and before trial, it must of course stimulate a mind like Her Majesty's to retain what she has acquired and to merit still more. ° Fortun: the free Press-and the unchecked opinion of this great community will always be at band to point out to her where her Ministers may lead Her Majest into error. Let us hope that such St admonitions may be less. necessary every day she lives.and. to our brief benediction Jet us add, may Queen. Victoria never forget the principles which placed' the House of Buuxswicx on the. throne of these realms.'" Sixty years have amply justified this trust and these hopes. head, full details of which we received long ago by wire, we make only one or two quotations. The Daily News says be said'of Saturday's performance is that Perhaps the most striking thing which can those who saw it saw only about half the British Navy. Not a ship was removed from any foreign station for the purpose of adding to the r effect ever produced upon the surface of the ocean. No wonder that the other nations of the world are astonished at thi marvellous display of maritime power. Those foreigners 0 read pla the English newspapers, or extracts from them must have gradually' acquired the belief that England had no nary at all. All the Admirals and all the Tories could not, the: will have thought, have been wrong, Brits command of the tea must be a thing of the past. The waves were no longer Britannia's Tealm. Cheeseparing economy had deprived us of the legacy inherited from Nelson. If there were critics, as there moy well have been, who reasoned thus, they knew little of our insular habits. The luxury of self-depreciation is one which we can afford to indulge, and we indulge in it freely. It is not our fault if foreigners take us at our word. They do not make allowance for national characteristics.
The Paris Soleit says To-day's review has very clearly shown the whole world that England is more than ever determined to keep the empire of the seas, which she definitively conquered at the outset of the Nineteenth Century, in calling the Attention of the world to the naval crown she has placed upon her head. England seems to be very significantly repeating the utterance of the first Napoleon on assuming the Tron Crown—Guai d chi la tocca,—woe betide him who touches it, And for the present, at all events, no Foreign State would dream of venturing to lay hands on the naval crown of England, whose maritime forces are superior to those of all the other Powers put together.
And the French retired naval lieutenant who writes to the Paris Figaro under the pseudonym of Mare Landry, significantly concludes his most appreciative notico—and there is nothing more gratifying than the frank appreciativeness which characterises all the accounts in the French Press—by comparing what the private shipyards can do in England with what they can do in France, and saying: "This conveys the unwelcome conclusion that in one week the English shipbuilding yards turn out an amount of tonnage equal to what all our shipbuilding yards turn out in three years."
Our London corres wident referred in the letter we published on Saturday to the great storm in Essex. The Times say The storm, which burst almost without warning, has evidently been of tropical violence, and has ploughed a broad track of total destruction across the county. Lasting only some fifteen or twenty minutes, it has done as much mischief as the march of an invading army. Houses are unroofed, chimney-stacks blown down, great trees uprooted or broken short at the middle, ani whole plantations in some cases levelled with the und. But the damage done by the wind §5, after all, less serious than that caused by the hail. The whole area covered by the storm has been bombarded with masses of ico heavy enough to smash slates and tiles, and to city gashes in the trees which the blast failed to overthrow, Every green, thing appears to have been destroyed. Crops givin; Tebmtce of a bountiful harvest. have' been simply cut to pieces, and the unfortunate farmers are worse off than if they bad never sown a seed, by the amount of labour required to clear off the debris before they can ably be objections to direct action by the any with the land. Thera will prob-in the case of a calamity which, however serious, is not due to the permanent causes that demand the attention of the Legilatare because no other agency can cope with them.
As regards the Cabinet Crisis at Berlin, the general impression is that Prince Hohenlohe is intended to be replaced by "Dr. Miquel, but the Standard says There seems to be an extreme likelihood that we shall shortly sce Herr von Bilow in the Chancellorship. Whether he will be mord amenable to direction than the Prince who is credited with having resisted efforts to reduce him toa mere instrument of a despotic will, remains to be seen. He has a reputation a3, an able man and skilful diplomatist, with al influence at St. Petersburg and a thorough knowledge of Easter politics. Ho is, no doubt, expected to be of great service to the Emperor, either as Foreign Minister or Chancellor, now that the cordiality of Russia is eagerly sought, and Germany is anxious to eS: on the Diplomatic sta; at Constantinople. What assistance he wil be able to render in German domestic politics, of which he has had no official experience is a matter which must be loft tothe future Minit, for the German people. are. becoming ese are of greater importance than Fore more restless than when Prince Bismarck was the real ruler over them. But here Herr von Bilow will have, as our account of other Ministerial appointments shows, sufficiently competent help. More disquieting than the changes themselves are the causes that, produce them, among which must surely' be counted the difficulty of satisfying an exacting Sovereign.
The following note on Eastern affairs is from the Home News. It is certainly somewhat miscellaneous News only of tribulation and disaster seems to have come from India and the East in the Inst year. Famine and plague have been followed by murder, riot, and shipwreck. The attack on o British force in the Tachi Valley was still fresh in our minds when intelligence arrived of the Poona assassinations worst fears concerning the Aden wore realised that again had hardly been reported when the and these things have in their turn been followed by a religious riot at Chitpur. The Indian authorities, in this year of Jubilee, have their hands full. In England, except ong a minority of ultra-Radicals who do not inguish between liberty and license, the action taken to punish the fanatic outrage in Poona is warmly commended. As Mr. Lamb in his eloquent and impressive speech at Poona suggested, the Indian Government has the power and the will to maintain order and respect for life and property, and, thoro must be no paltering with the seditious Propaganda to which' these outrages are, no doubt, due. A curb will have to be Placed upon, agitators who utilise every ficent act of the British authorities to stir up caste fears and racial animus, With regard to the loss of the Aden, it would appear that the disaster was duo to the want of a light on Socotra. Whether the vessel, buffeted hither and thither by the terrible monsoon, would have escaped had there been a light can only be matter for conjecture. Without a light its chances were infinitesimal. The Aden has yano the way of others, and perhaps this catastrophe will stir up the authorities to overcome the obstacles, whater they may be, which have hitherto cessfully operated against a precautionary measure demanded alike by business and humanity.
The following is the Money Market note in the Economist of the 26th of June The Jubilee celebrations have had the effect of further restricting business in the money market, but as usual towards the close of the half-year, the demand for accommodation has increased within the past day or two, and the discount rate for three months' bills has hardened to 1 per cent, Some borrowing has taken place at the Bank, but the probability. is that it will be upon less than the ordinary scale, and after the turn of the half-year, when the banks lend freely, and the dividend distributions add to the floating supplies, it is not unlikely that the market' will relapse into 2 condition of even greater ease than it has recently experienced. This is not a pleasant Took-out for lenders; bat the tanks have this consolation, that the past half-year has been more profitable one for them that the corresponding period of 1896. Both the bank rate End the open market rate have averaged more than in the first half of last year, which means that upon the deposits bearing no_ interest the banks have been earning a larger percentage. In the fist six months of lst, year, too, the margin between the Bank rate and
Text read from the printed page and cleaned; old type leaves the occasional error.