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Inroductory.. ....
3Ir. Gladstone's Finance.......
American War and Slavery
taly ....
The Woman Question ..

Personalities of Political Warfare ..
The Sophist and the Statesman ....
"Bloated Armameuts" ...
Peace with Rome ........
Friendship for the Pope ...

Political Profligacy......
The Koh-i-noor .......


The Bid for Office .....
Conservative Foreign Policy ........
“Our Profligate Expenditure" ...
• They Manage these Things Better

in France".................

| Peace Theories and War Expenditure

Scotch Revivalisin....
Washington Irsing .....


| error of certain Reviews also, that they are simply stored with

querulous philosophy, which adopts wholesale the destruc-

tive spirit of analysis with nothing of the hopeful synthetical
restorative. This Review will be the representative of inde-

pendent Conservatism; of a living Conservatism, in harmony
| Friendship for Louis Napoleon ...

with the healthy and vigorous Constitution of our country, and
with the political sympathies which the enjoyment of such a
constitution engenders.

We aspire to the unoccupied position of interpreters of

English Constitutionalism in a spirit necessarily Conservative

because it is patriotic. This Constitution is Protestant in
TVERY Monday some new pretender to public favour

its religious, liberal in its political character. We shall not
takes down his shutters and displays his wares. The

stultify our adherence to it by becoming anywhere the sup-
power he courts is both inexorable and impartial. If there bé

porters of despotism, whether clerical or secular. And re-
an acknowledged scarcity of the commodity in which he

joicing in the precious blessings of Constitutional Monarchy,
deals, or if he alone supplies any newly created demand, suc-

we shall sympathise with the efforts which Italy is making
cess will crown his venture. It these conditions do not exist,

to assimilate her institutions more closely to those so deservedly
he must claim his reward upon the ground of superiority over

cherished in our own country. Protestant Conservatism can-
his competitors, or withdraw into the background from which

not sympathise with Austrian Imperialism, and is essentially
he emerged.

opposed to the doctrine of the Kreuz Zeitung party in Prussia.
Conscious of the parallel between a literary and a com-

As English Constitutionalists, it will be our duty to oppose with
mercial undertaking, the Monday Review comes before the

unwavering fidelity the political machinations of the Papacy,
public, fearlessly and firmly, with an honest purpose and a

and at the same time to assist in the great work of popularising
hopeful spirit. It asserts its claim to be possessed of the condi-

-of giving life and vigour-to the Church. A Protestant
tions requisite for success. Ofits ability the conductors cannot national policy at home is identical with a liberal policy
be the judges:--butit may be permitted them to declare the posi- abroad: and these together with a domestic policy conserva-
tion it proposes to fill, and the policy it is established to support.

tive of the well-adjusted balance of the Constitution, will be
Among the obvious benefits of the division of time, none

the main articles of our political faith. The Monday Review
is greater than the opportunity which is thereby afforded for will be the zealous advocate of Church Reform, and the staunch
· prospect and review. The light of the past is the surest opponent of Romanising influences. It desires to see the
guide in the uncertain path of the future, and at the commence- | Church practically national; and regarding it as composed of the
ment of the labours of a new week, a faithful record of its clergy and laity undivided and inseparable, it will support a
predecessor, an honest comment upon its events, at once wise admixture of lay agency in the management of its
turning back a comprehensive glance at the six days gone, I affairs.
and casting forward a prescient gaze at those which are to come, Free from the misguiding influences of party spirit, this
may well deserve to be a popular companion. We have no Review will not seek to dispossess the Government of Lord
desire to establish our own supremacy by disparagement of PALMERSTON of power, while its policy is animated by
our weekly contemporaries, but it is simple truth to say that a constitutional principle. We should strenuously oppose any
Monday Review can alone aspire to fulfil this especial duty. I measure of Reform which threatened to deprive the middle

There is, then, in the very name of this Review, an implied class of their legitimately prominent voice in the legislation
purpose sufficiently distinct to gain for it, by a mere casual of the country. Admitting the benefits of universal free
introduction, an acknowledgement of being, in the language trade, we believe that this, the ultimate destiny of interna-
of modern politicians,“ the right thing in the right place.” tional barter, might be approached by steps less fraught with
Its conductors are thus all the more justified in their anticipa- | distress and peril than those by which the Manchester School
tion of success, when this fitness in name, and time of appear- | marches recklessly towards it. On the great subject of Educa-
ance, are but useful adjuncts to the performance of a high tion, the Monday Review will, free from any spirit of bigotry,
political function, and to the expression of a policy which, demand that the tenets of our faith should be regarded as the
though without a faithful representative in the press, is yet alphabet of instruction. Agreeing in the principle of Civil
thoroughly national and most truly popular. This Review and Religious Liberty, we shall defend it against any infringe-
will date its commencement from a period when the tide ment, and yet not hesitate to combat it when degenerating into
of a general Conservative reaction had hemmed within limits the rude license of aggression. The present enormous expen-
too narrow to be useful the political sentiments of many of diture of the country must be regarded as a necessary evil ;
the leading members of the party. The Conservative journals but here the continuance of peace, aided by retrenchment and
have chosen to confine themselves to the circumscribed range reform, may work beneficial changes. Believing the real
of partisanship, regarding their party merely as a jealous check upon expenditure to rest rather with the Opposition than
Opposition, and thus becoming rather the advocates of poli- with Ministers, we shall carefully scrutinise the Annual
ticians than the exponents of a policy. It is the fundamenta- Estimates. The foundation upon which the public opinion
of the present day is built should be an honest, enlightened,

AMERICAN WAR AND SLAVERY. and well-conducted press. We, in our place as public teachers, W E take our first view of the Great American Civil War promise to abide by the convictions we have owned, and we | MV at a singular crisis. Until the now reported fall of now appeal to the public on their part to assist us in guard- New Orleans, the repeated successes of the Federal arms ing, improving, and extending that constitutional system of had been arrested by the doubtful battle of Pittsburgh Landgovernment which has produced among us more than is ing, and the stand made by the Confederates before Yor elsewhere, or ever was, of well ordered liberty, and of national But while Mr. STANTON is the sole purveyor of news, we adhappiness and prosperity.

vise that a cautious reception be given to reports of Federal

successes. Up to this point, the scales were hanging evenly MR. GLADSTONE'S FINANCE.

in the hands of War, and might incline to either side as ForM HE debate of Thursday night proves how extensive is the tune weighted them. Nevertheless, the North has struck

I realm of modern finance. On this occasion it compre- heavy blows, and the South has receded before them to the hended not only the past and present fiscal policy of Mr. | point where courage gives place to desperation. Were mateGLADSTONE, but under the ingenious manipulation of Mr. rial and not moral influences to decide the struggle, it would DISRAELI stretched far away through the dominions of our seem impossible for the Southerners to retrieve the losses nearest ally, spreading itself over the unannealed Italian sustained in Kentucky, Tennessee, and on the sea-board of kingdom, absorbing the narrow confines of the Pope's autho- the Eastern States. But a nation is not defeated in battles ; rity, and then crossing the Atlantic, claimed as its peculiar and the Confederate people have shown, and continue to show, province the warring States of America. All this arose from | a spirit of resistance which must be recognised as national. the remarks of Sir STAFFORD NORTHCOTE on the second

The planters stack their cotton-bales for parapets along the reading of the Customs and Inland Revenue Bill. It | river-face of Memphis, or burn them in the face of the armies may be that the member for Stamford, who is rather | approaching Richmond from the North. Their women conmore addicted to arithmetical than rhetorical figures, was tribute gold and silver ornaments, household plate, and all the surprised to find that he had opened a channel through vanities dear to feminine nature, to make a fund against the which so many subjects could flow. He may have re-invaders. The bells of the churches and the gongs of the gretted that the right honourable gentleman whom he had

| plantations are melted down into cannon for BEAUREGARD and announced as his seconder should after an accidental absence MAGRUDER; and the lead is stripped from the very tea-chests leave him so soon alone with his financial policy, and soar to cast bullets for the rifles of the South. Such a spirit is away into the distant regions of foreign affairs. If so, we hardly to be defeated, even by the large armies which the cannot join Sir STAFFORD in his regrets, but we shall be North has set on foot, resistless as ther seem. At present omitting a duty if we fail to thank him for having provoked the position of those armies, and of the forces which compose 80 clear an exposition of policy 'from both sides of the them, is this. At Corinth, in Mississippi, BEAUREGARD faces House. He at least has been consistent in his exposi- / the united troops of GRANT and BTELL ; threatened on his tion of Mr. GLADSTONE's financial schemes. Mr. DISRAELI right by the Federal occupation of Huntsville, and only did not exaggerate the result of them when he stated secure upon his left so long as the forts upon the Mississippi " that there were not five members in the House who keep the river-fleet of the Northerners from Memphis. On had a clear conception of what the financial state of the him depends the possession of the valley of the great river, country really was.” Mr. GLADSTONE in his character as a and every nerve will be strained to hold it against the North. financial wizard may receive this as a great compliment to his | At the same time, in Arkansas, a Federal force pushes along the dexterity. But we agree with Sir STAFFORD that it is not right bank of the stream; and the leveés or raised banks have satisfactory to the country, and inasmuch as his comments been pierced to flood the country and stop its progress. If ended without a substantive motion ; as all that he has stated New Orleans is in the hands of the Federals, the Confederates had for its object to prove that Mr. GLADSTONE had dealt impru- may have to abandon the Mississippi line of defence for that dently with the national resources, and had left us with the afforded by the Alleghanies. In North Carolina, BURNSIDE sinews of war tightly strained in time of peace; we think he advances slowly from the sea, taking towns and arsenals. The has every reason to be satisfied with Mr. GLADSTONE's admis- rumour that the fort of that State had conceived the idea of sion, “that for the last three years we have been maintain- surrendering it, may be taken as at least a proof how formidable ing the national expenditure by the exhaustion of tem- the diversion of the Federal General has become. But the porary resources.” We do not deprecate a debate of chief military interest of the war centres at Yorktown, upon this nature as any waste of Parliamentary time although we the peninsula formed by the estaaries of the York and James question if a mere querulous complaint is a dignified policy on rivers. There MCCLELLAN, at last upon the field, has sate down the part of a powerful Opposition. If Sir STAFFORD and his in front of lines of entrenchment drawn from river to river, friends had, last year, contented themselves with recommend and besieges the advanced garrison of the Confederate capital ing the substitution of the war duties on tea and sugar for the itself. That capital is, meantime, threatened by two other Paper-duty, and not voted directly for their repeal, at the Federal forces advancing from the Potomac under Banks and time when they ignored the existence of a surplus, Mr. McDoWELL; and, probably, not less than 200,000 soldiers in GLADSTONE might now be in the enjoyment of the tax upon all thus menace the heart of the Southern Confederacy. Quiet paper, and would certainly be without one of his best weapons at her moorings in all this turmoil, like ACHILLES in his tent, of defence. Mr. GLADSTONE revels in the results of the French the redoubtable Merrimac watches at Norfolk, ready to repeat treaty, and mounted on his wine hobby it might be supposed that her achievements in Hampton Roads, when the occasion offers. he had made all the street pumps throughout England to run The crisis is thus one of surprise-the position is like the with claret. Hewould assume to possess a patent for the princi- crimson diagram of a kaleidoscope, which a touch of the hand pleof commercial treaties which by no means belongs to the party of time may alter into new complications. with which he is now associated. The “ virgin state" of In- Meanwhile, the indirect consequences of the strife press come-tax, which Mr. DISRAELI rightly considers so desirable a more and more heavily upon the nations which are its uncondition to be regained, is, we fear, lost for ever, and from willing spectators. The congested trade of Lancashire begins henceforth, ways and means may have a simplicity of origin to show signs of impatience and inflammation, and France is which will please the Manchester party better than ourselves. less and less tolerant of the protracted struggle. The journey

anxiety of torted by the Emperor, 1 SLIDELL no official recepti

of M. MERCIER to Richmond may be taken as a sign of the ceived such assurances of loyalty both to his person and anxiety of foreign ministers; and although that journey has dynasty that we are relieved from the necessity of dispelling been disapproved by the Emperor, it was not because it had the illusions which had existed as to the wishes of Southern pacific designs. He has given Mr. SLIDELL no official recep- Italy. Nor is this all. After months of wearying suspense tion, but he has caused him to be viewed by the Cabinet of and damaging inaction, the Emperor has given signs of a deMinisters in a manner too marked to be misunderstood.cided resolve to draw up the curtain which has so long In fact, the cry is peace--the weary struggle is provok- shrouded mysteriously the scenes of the last act in the drama ing Europe and the best intelligence of America herself of Italian unity, and at least he has removed from the Papal into Tybalt's impatient exclamation, “A plague on both Court a soldier who, yielding to the enervating atmosphere of your houses.” It grows more and more clear that the con- | the Vatican, had become more of a Romanist than a Frenchtest must be a prolonged one, and less and less possible for the man. His cousin, who acts as the avant garde to the liberal embarassed industries of the world to regard it in silence and dispensations of the Imperial policy, is about to meet the KING suffering. The time has come, then, that it should cease, at Naples, where a French fleet has been already engaged in though the difficulties in the way of mediation seem well nigh doing honour to VICTOR EMMANUEL, and confounding the hopes insurmountable. They might, perhaps, be orercome if Eng of the Muratists. We confess that our own sympathies are in land and France were of one mind upon the terms of media favour of Italian unity, and these are strengthened by the tion. Their interest in the matter is one, and their united knowledge that they are shared by the great mass of our counvoice could hardly be disregarded. In all probability the trymen. The future peace of Europe depends largely upon the atstrife of North and South will eventually be settled between tainment of this unity, and conscious that Italy cannot be London and Paris, and possibly at no great interval of time. united without the possession of Rome for her capital, we 'It is true that the North has not abated one jot of its preten- should gladly hear the proclamation of VictoR EMMANUEL from sions to subjugate the recalcitrant South; but neither has the the Quirinal. The moral force of the English people is always South relaxed at all in its now sworn resolve to become inde exercised—we say it with pride-ina Conservative spirit. They pendent. If the North, too, has the advantage of victories, are never the allies of revolution or democratic anarchy. No one she is exhausted beyond parallel by the effects of the war, but Sir George BOWYER will now contend that the reactionists are which taxes her resources even more heavily than the South. not revolutionists, and that the party of peace and order is As it is a crisis in the military history of the contention, so is not that which marches beneath the banner of Italian unity. it also a turning point in its political aspect; and we must It is futile, perhaps, to indulge the hope that the Ultramontaists look for decisive incidents.

may be converted to this theory; but if they are inaccessible Leaving aside the paralysis of commerce, we question only

to reason from the mouths of Protestants, it is possible that if the war has paramount interest with cis-Atlantic watchers. addresses similar to that recently subscribed by the priests of That great question, the emancipation of the slaves, presses Pistoja, praying " that the national unity of Italy should be constantly into the foreground. Forced, in self-defence and

completed," may at least convince them of the hopelessness by self-interest, to be honest, the Government of Mr. LINCOLN has passed bill after bill to purchase the freedom of the negro,

of their cause. We lament that Mr. DISRAELI has assumed and concluded a special slave-treaty with this country. In for the Conservative party a policy upon this question at any intervention that takes place, the consideration of this variance with their general sentiments. We regret that the subject must stand first. England at least will agree to Conservative journals have ran round and round the difficulty, nothing which rivets afresh the fetters of the slave, while she will certainly be as far from demanding anything like

hesitating to follow their instincts merely from fear that they speedy and abrupt manumission. But, in any event, a vast

should be found supporting the government of political number of freed contrabands must shortly be let loose upon opponents. And although the redemption of this misapprethe United States. What with those already escaped to hension on the part of the riglt hon. Member for Bucks would the Federal armies, those which will be freed by purchase and have given us sincere pleasure, yet we have studied his convention, and those left ownerless by the progress of the avar, the disposition of them will be a great problem. Indeed,

recent exegesis of Italian affairs without discovering we must not forget that whatever be the issue of this strife,

any signs of amendment. We cannot accept it as its effect upon the slave population generally is yet to be an exposition of our English foreign policy which the made known. The Southern journals tell us nothing; but it Conservatism of the country will endorse with its approval. it is idle to suppose that the echo of this great struggle, with its

Mr. DISRAELI laboured to show that the interests of England hopes and contingencies for the negro, has passed over him with. out awakening emotions that will not be easily crushed. Every

and France in Italy were precisely identical. By first dething tends to show that one certain, if only eventual, result claring that economical reform was to be obtained only by of the civil war, will be a general surcease of slave-labour. subserviency to NAPOLEON, he then suggested that we should What, then, is to become of the slaves ? It is a great and trim our views upon the Roman question, and upon all the knotty question, answered by some of themselves in a curious petition lately presented to the Senate of the North. The

Italian questions, in order to sail smoothly through the “ free coloured ” ask therein to be deported to Central |

channel of events in compary with the EMPEROR. For this America; where they may acquire those rights of citizenship cause he was prepared to call the annexation of Southern which are denied to them in the States. Peace for the Italy an affair of “mere detail," and to use the moral force unhappy States—once United : relief for England, France,

of England to sustain “the independence of the Pope.” We and all the world, injured beyond endurance by their madness, and a future for four millions of enslaved negroes :

deny that England and France can view the Roman question these are the momentous questions which occupy the time.

from the same standpoint. The POPE is a power in France, which he is not, and never will be, in England. It is for

tunate for Italy that this is the case. If the EMPEROR sinITALY.

cerely intends to further the wishes of the Italian people by TF the key-stone of our foreign policy is as Lord PALMER- withdrawing from the occupation of Rome, the policy which 1 Ston has said, the alliance with France, its surest test is this country has adopted will be his greatest support in a to be found in our conduct with reference to the affairs of step which, it must be allowed, is beset with difficulties. It Italy. We are somewhat fortunate in the political situation was one of the ideas nurtured by that NAPOLEON, whose which exists, when we, for the first time, enter upon the subject. shade—if we may credit his nephew-yet watches over the A recent debate has put the country in possession of the fortunes of the BONAPARTE dynasty, that the Pope was to be sentiments both of Government and of the ostensible leader treated as a potentate who had 200,000 soldiers at his beck. of the Opposition, while in the Peninsula the King has re- | The EMPEROR may desire to get clear of this Papal incum

ound suhough the rhon. Membe

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