'You have been in England,' he said, 'since you left Egypt. What is the news as to our Canal? Will Palmerston let us have it? You must stay a few weeks in Paris to estimate the effect of your opposition to it. We consider Palmerston's conduct as a proof that his hatred of France is unabated, and the acquiescence of the rest of your Cabinet as a proof that, now we are no longer necessary to you, now that we have destroyed for you the maritime power of Russia, you are indifferent to our friendship.

'I know nothing myself as to the merits of the Canal. I distrust Lesseps and everything that he undertakes. He has much talent and too much activity, but they only lead him and his friends into scrapes. I daresay that the Canal is one, and that it will ruin its shareholders; but as I am anxious we should not quarrel with England, I am most anxious that this silly subject of dispute should be removed.'

'Louis Napoleon,' he continued, 'professed to wish that you should allow the Sultan to give his consent; but I doubt whether he is sincere. I am not sure that he is not pleased at seeing the Parisians occupied by something besides his own doings, especially as it promotes the national dislike of England. Now that the war is over we want an object. He tries to give us one by launching us into enormous speculations. He is trying to make us English; to give us a taste for great and hazardous undertakings, leading to great gains, great losses, profuse expenditure, and sudden fortunes and failures. Such things suit you; they do not suit us. Our habits are economical and prudent, perhaps timid. We like the petty commerce of commission and detail, we prefer domestic manufactures to factories, we like to grow moderately rich by small profits, small expenditure, and constant accumulation. We hate the nouveaux riches, and scarcely wish to be among them. The progress for which we wish is political progress—not within, for there we are satisfied to oscillate, and shall be most happy if in 1860 we find ourselves where we were in 1820—but without. I believe that our master's sortie against Belgium was a pilot balloon. He wished to see what amount of opposition he had to fear from you, and from Belgium, and how far we should support him. He has found the two former greater than he expected. I am not sure that he is dissatisfied with the last.'

I spent the morning at H.'s. He too attacked me about the Canal.

'Do entreat,' he said, 'your public men to overrule their ill-conditioned colleague. I told you a year ago, the mischief that you were doing, but I do not think that you believed me. You may find too late that I was right.'

I repeated to him Ellice's opinion that the commerce of England would not use the canal.

'I have heard that,' he said, 'from Ellice himself, but I differ from him. I agree with him, indeed, that your sailing vessels will not use the canal, but I believe that a few years hence you will have no purely sailing vessels, except for the small coasting trade. Every large ship will have a propeller; and with propellers, to be employed occasionally, and sails for ordinary use, the Mediterranean and the Red Sea are very manageable. I believe that the canal will be useful, and particularly to you. But whatever be the real merits of the scheme, for God's sake let it be tried. Do not treat us like children, and say, "We know better what is good for you than you do yourselves. You shall not make your canal because you would lose money by it."'

'What did you hear,' I said, 'about the Congress?'

'I heard,' he answered, 'that Clarendon was very good, and was the best, and that Walewski was very bad, and was the worst.'

'Can you tell me,' I said, 'the real history of the Tripartite Treaty?'