policy, hitherto so rife, with hatred, war, and mutual loss. The results will be, a palinode of long cherished absurdities, a triumph to the rights of industry and the principles of political economy, and tidings of exceeding joy to the Christian and philanthropist. While scanning the European map, it behooves us to avert our eyes from the contests of rival tyrants, and the protocol disputes between heads which "the likeness of a kingly crown have on;" but to make the coming general wreck of such things more numerous in the catalogue, and to settle our most intense gaze on this noiseless, but momentous assembly, and ponder deeply the principles constituting the basis of their councils and action. Those principles have been, long, and strenuously, inculcated by the "schoolmasters" of the science of political economy. Let the nations hear, and now between them let the sole contest be who shall be foremost in profit, and in glory to act up to their scope. They teach the abolition of discrimination, restriction, retaliation, and monopoly—the freedom of trade, and the right of man individually to consult his own interests—they deny any power inherent, delegated, or expedient in government, in protecting, (encouraging) regulating, enriching, or impoverishing; and, inasmuch as most wars have sprung from the protective system, the creature of national animosity, they proclaim as their motto, "peace on earth, and good will to all men."
The leading propositions submitted by Sir Henry Parnell to the commission, are:
1. That each nation (France and Great Britain) should begin by wholly abolishing their tariff laws, as they now exist.
2. That each nation, in making a new tariff, should proceed strictly on the principle of consulting only its own interests, and without, in any degree, making the details of its tariff matter of diplomatic negotiation, or reciprocal arrangement.
The reasons for the first are, the impossibility of remedying in any other mode the defects of the present tariffs, on account of their number; and because this course will open the way for the substitution of reason and sound principles, in the place of those erroneous theories about trade and manufactures, on which the existing customs duties were formed. His second proposition goes to the utter subversion of the selfish and illiberal schemes of retaliatory duties, and reciprocal arrangements, upon the philanthrophic principle that "whatever either country shall do which is really useful to itself, cannot
