“Harper’s Weekly” of May 16th, 1863, contained the cartoon we reproduce, which shows John Bull as manifesting much anxiety regarding the cotton he had bought from the Southern planters, but which the latter could not deliver. Beneath the cartoon is this bit of dialogue between John Bull and President Lincoln: MR. BULL (confiding creature): “Hi want my cotton, bought at fi’pence a pound.”

MR. LINCOLN: “Don’t know anything about it, my dear sir. Your friends, the rebels, are burning all the cotton they can find, and I confiscate the rest. Good-morning, John!”

As President Lincoln has a big fifteen-inch gun at his side, the black muzzle of which is pressed tightly against Mr. Bull’s waistcoat, the President, to all appearances, has the best of the argument “by a long shot.” Anyhow, Mr. Bull had nothing more to say, but gave the cotton matter up as a bad piece of business, and pocketed the loss.

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STICK TO AMERICAN PRINCIPLES.

President Lincoln’s first conclusion (that Mason and Slidell should be released) was the real ground on which the Administration submitted. “We must stick to American principles concerning the rights of neutrals.” It was to many, as Secretary of the Treasury Chase declared it was to him, “gall and wormwood.” James Russell Lowell’s verse expressed best the popular feeling:

We give the critters back, John, Cos Abram thought ‘twas right; It warn’t your bullyin’ clack, John, Provokin’ us to fight.

The decision raised Mr. Lincoln immeasurably in the view of thoughtful men, especially in England.

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USED “RUDE TACT.”