In proposing his very high Estimates for the current year,
Mr. Lowe, so far from groaning over the lavishness of his colleagues, made a very spirited appeal to the country not to grudge the money requisite for such a real reorganization of the Army as would make England unassailable even if our Fleet were decoyed by a ruse to a distance, as Nelson's fleet was decoyed to the West Indies before Trafalgar. Even in a purely financial point of view, he justly said, it was quite impossible to over-estimate the importance of convincing the Continental Powers that a successful invasion of England would be a hopeless dream ;—such a con- viction would bring great stores of wealth here for security, and would enormously increase the credit of this country on all the Exchanges of the world. A very considerable pecuniary sacrifice would be, even economically, more than justified by attaining such a result, —which is quite within our reach.
