15 NOVEMBER 1856, Page 1

The festival of the new Lord Mayor Flunks, at the

Guildhall on Monday, afforded another opportunity for Lord Palmerston to make a decluation : " No surrender " is our Premier's motto. He was speaking, of course, with a conscious reference to the chain of circumstances which we have sketched above ; he knew that they were to a certain extent present to the minds of the public ; he selected his words in order that they might be telling and intelligible without departing from diplomatic de- corum, We can appreciate, then, the point of such sentences as these. " At the commencement of the present year, this country possessed the finest army and the most magnificent fleet that ever were engaged in defending the honour and the rights of England The people of England would willingly forego the prospect of future 'Military glory, if the olteets of the • war

had been substantially accomplished It now remains that the conditions of the peace shall be faithfully executed and honourably observed ; and then, I trust that the peace of Europe will be placed upon a secure and permanent foundation." If not ?—The meaning is perfectly intelligible. Such is the de- claration of the First Minister : the representatives of all classes at the Guildhall dinner cheered at the top of their voices.