My opinion of the principles on which the present system of government in France was founded, and the war to which those principles gave rise, have been long since submitted to the public. Subsequent events, far from invalidating, have strongly confirmed it. In all the public declarations of the Directory, in their domestic polity, in their conduct to foreign powers, I plainly trace the prevalence of the same principles, the same contempt for the rights and happiness of the people, the same spirit of aggression and aggrandizement, the same eagerness to overturn the existing institutions of neighbouring states, and the same desire to promote "the universal revolution of Europe," which marked the conduct of BRISSOT, LE BRUN, DESMOULINS, ROBESPIERRE, and their disciples. Indeed, what stronger instance need be adduced of the continued prevalence of these principles, than the promotion to the supreme rank in the state, of two men who took an active part in the most atrocious proceedings of the Convention at the close of 1792, and at the commencement of the following year?

In all the various constitutions which have been successively adopted in that devoted country, the welfare of the people has been wholly disregarded, and while they have been amused with the shadow of liberty, they have been cruelly despoiled of the substance. Even on the establishment of the present constitution, the one which bore the nearest resemblance to a rational system, the freedom of election, which had been frequently proclaimed as the very corner-stone of liberty, was shamefully violated by the legislative body, who, in their eagerness to perpetuate their own power, did not scruple to destroy the principle on which it was founded. Nor is this the only violation of their own principles. A French writer has aptly observed, that "En revolution comme en morale, ce n'est que le premier pas qui coute:" thus the executive, in imitation of the legislative body, seem disposed to render their power perpetual. For though it be expressly declared by the 137th article of the 6th title of their present constitutional code, that the "Directory shall be partially renewed by the election of a new member every year," no step towards such election has been taken, although the time prescribed by the law is elapsed.—In a private letter from Paris now before me, written within these few days, is the following observation on this very circumstance: "The constitution has received another blow. The month of Vendemiaire is past, and our Directors still remain the same. Hence we begin to drop the appalation of Directory, and substitute that of the Cinqvir, who are more to be dreaded for their power, and more to be detested for their crimes, than the Decemvir of ancient Rome." The same letter also contains a brief abstract of the state of the metropolis of the French republic, which is wonderfully characteristic of the attention of the government to the welfare and happiness of its inhabitants!

"The reign of misery and of crime seems to be perpetuated in this distracted capital: suicides, pillage, and assassinations, are daily committed, and are still suffered to pass unnoticed. But what renders our situation still more deplorable, is the existence of an innumerable band of spies, who infest all public places, and all private societies. More than a hundred thousand of these men are registered on the books of the modern SARTINE; and as the population of Paris, at most, does not exceed six hundred thousand souls, we are sure to find in six individuals one spy. This consideration makes me shudder, and, accordingly, all confidence, and all the sweets of social intercourse, are banished from among us. People salute each other, look at each other, betray mutual suspicions, observe a profound silence, and part. This, in few words, is an exact description of our modern republican parties. It is said, that poverty has compelled many respectable persons, and even state-creditors, to enlist under the standard of COCHON, (the Police Minister,) because such is the honourable conduct of our sovereigns, that they pay their spies in specie—and their soldiers, and the creditors of the state, in paper.—Such is the morality, such the justice, such are the republican virtues, so loudly vaunted by our good and dearest friends, our pensioners—the Gazetteers of England and Germany!"

There is not a single abuse, which the modern reformers reprobated so loudly under the ancient system, that is not magnified, in an infinite degree, under the present establishment. For one Lettre de Cachet issued during the mild reign of LOUIS the Sixteenth, a thousand Mandats d'Arret have been granted by the tyrannical demagogues of the revolution; for one Bastile which existed under the Monarchy, a thousand Maisons de Detention have been established by the Republic. In short, crimes of every denomination, and acts of tyranny and injustice, of every kind, have multiplied, since the abolition of royalty, in a proportion which sets all the powers of calculation at defiance.

It is scarcely possible to notice the present situation of France, without adverting to the circumstances of the WAR, and to the attempt now making, through the medium of negotiation, to bring it to a speedy conclusion. Since the publication of my Letter to a Noble Earl, now destined to chew the cud of disappointment in the vale of obscurity, I have been astonished to hear the same assertions advance, by the members and advocates of that party whose merit is said to consist in the violence of their opposition to the measures of government, on the origin of the war, which had experienced the most ample confutation, without the assistance of any additional reason, and without the smallest attempt to expose the invalidity of those proofs which, in my conception, amounted nearly to mathematical demonstration, and which I had dared them, in terms the most pointed, to invalidate. The question of aggression before stood on such high ground, that I had not the presumption to suppose it could derive an accession of strength from any arguments which I could supply; but I was confident, that the authentic documents which I offered to the public would remove every intervening object that tended to obstruct the fight of inattentive observers, and reflect on it such an additional light as would flash instant conviction on the minds of all. It seems, I have been deceived; but I must be permitted to suggest, that men who persist in the renewal of assertions, without a single effort to controvert the proofs which have been adduced to demonstrate their fallacy, cannot have for their object the establishment of truth—which ought, exclusively, to influence the conduct of public characters, whether writers or orators.

With regard to the negotiation, I can derive not the smallest hopes of success from a contemplation of the past conduct, or of the present principles, of the government of France. When I compare the projects of aggrandizement openly avowed by the French rulers, previous to the declaration of war against this country, with the exorbitant pretensions advanced in the arrogant reply of the Executive Directory to the note presented by the British Envoy at Basil in the month of February, 1796, and with the more recent observations contained in their official note of the 19th of September last, I cannot think it probable that they will accede to any terms of peace that are compatible with the interest and safety of the Allies. Their object is not so much the establishment as the extension of their republic.

As to the danger to be incurred by a treaty of peace with the republic of France, though it has been considerably diminished by the events of the war, it is still unquestionably great. This danger principally arises from a pertinacious adherence, on the part of the Directory, to those very principles which were adopted by the original promoters of the abolition of Monarchy in France. No greater proof of such adherence need be required than their refusal to repeal those obnoxious decrees (passed in the months of November and December, 1792,) which created so general and so just an alarm throughout Europe, and which excited the reprobation even of that party in England, which was willing to admit the equivocal interpretation given to them by the Executive Council of the day. I proved, in the Letter to a Noble Earl before alluded to, from the very testimony of the members of that Council themselves, as exhibited in their official instructions to one of their confidential agents, that the interpretation which they had assigned to those decrees, in their communications with the British Ministry, was a base interpretation, and that they really intended to enforce the decrees, to the utmost extent of their possible operation, and, by a literal construction thereof, to encourage rebellion in every state, within the reach of their arms or their principles. Nor have the present government merely forborne to repeal those destructive laws—they have imitated the conduct of their predecessors, have actually put them in execution wherever they had the ability to do so, and have, in all respects, as far as related to those decrees, adopted the precise spirit and principles of the faction which declared war against England. Let any man read the instructions of the Executive Council to PUBLICOLA CHAUSSARD, their Commissary in the Netherlands, in 1792 and 1793, and an account of the proceedings in the Low Countries consequent thereon, and then examine the conduct of the republican General, BOUNAPARTE, in Italy—who must necessarily act from the instructions of the Executive Directory——and he will be compelled to acknowledge the justice of my remark, and to admit that the latter actuated by the same pernicious desire to overturn the settled order of society, which invariably marked the conduct of the former.

"It is an acknowledged fact, that every revolution requires a provisional power to regulate its disorganizing movements, and to direct the methodical demolition of every part of the ancient social constitution.— Such ought to be the revolutionary power.

"To whom can such power belong, but to the French, in those countries into which they may carry their arms? Can they with safety suffer it to be exercised by any other persons? It becomes the French republic, then, to assume this kind of guardianship over the people whom she awakens to Liberty!*"

* Considerations Generales fur l'Esprit et les Principes du Decret du 15 Decembre.