19 OCTOBER 1861, Page 1

NEWS OF THE WEEK. •

IlrN bread is dear in the East, the mob hangs a baker, and ,he Member for Harwich has adopted and improved on that energetic idea. He proposes to pardon the baker, but hang the bailiff who wants to distrain on the baker's goods. In a speech delivered on Thursday, at Colchester, Captain Jervis calls on the people of England to break the American blockade and so procure the cotton they need. We have discussed the morality of that suggestion in another place, but as Captain Jervis's view is that of the cotton dealers, we may tell them the consequence which would instantly follow the adoption of that advice. The slaves would be liberated en masse, and England thrown back once for all on the Indian cotton supply. No statesmen in England will, we believe, endorse the counsel thus offered, but if any should be inclined to make such a bid for power, we warn them that they will incur that worst of reproaches, the blame of a crime which has produced nothing but national disaster. Captain Jervis's speech stands in strange contrast to that of Earl Russell, who on Monday, at Newcastle, declared that the duty of England was not to interfere in the quarrel. He held that the war could end in nothing but disaster, but England was not to be judge of the American people.