Non-interference is a fine policy, provided only that you are
very callous, very unimaginative, and very little concerned in affairs beyond your own doors. Otherwise it is only a very immoral theory. The Times has been preaching it for many months, but Admiral Pareja threatened Valparaiso, and non-intervention became on Saturday a " selfish " and " miserable " policy. Earl Russell has always denounced it as such, and accordingly a strong remonstrance has been addressed to the Spanish Government, which, according to the latest telegram from Madrid, has agreed to refer its claims to arbitration. Admiral Pareja, moreover, has promised the diplomatists in Santiago not to bombard Valparaiso without orders. Spain should learn a lesson from this little incident. When she wants to punish a little power, she should kill a few hundreds of its people. Europe would not mind that, but to stop the accumulation of profits is very dangerous indeed. " Perish Savoy !" said Mr. Bright, but nobody ventures to say "Perish Guano !" That would be immoral.
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