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Gigantic Military Preparations of France.

The London Times has a long article on this subject, in which the old bug-bear of French invasion is dressed up in toggery that seems none the worse for wear, but which has done service so often in a similar capacity that we should think the most excitable of the Tribulation Trepid school would persistently refuse to be moved again from his equanimity. The Times states that whilst France fears no invasion and has the compactest territory in the world, she has an efficient military power of four hundred thousand men, being a hundredth of her whole population--one out of every sixteen able-bodied men. The French cavalry numbers 76,903; its artillery 37,873; its train 5,655; its administrative services 8,737; its horses 85,705--evidently, says the Times, a locomotive army. What can France want with so many horses? Is it for merely a defensive force — so gigantic, so handy, so terrible — that France is now paying, in money and in forced labor twenty-four millions a year? France is now in the very state she was in thirty months ago, when she poured her legions over mountain and sea, and drove a great empire and a friendly State out of an ancient appanage. Thus speaks the Times, and the explanation may probably soon be given upon the plains of Italy. The death of Cavour may render necessary the intervention of the same friendly hand which not long ago rescued Italy from Austrian despotism, and which may naturally desire to reap the reward of its labors.

So far as the entente cordiale between England and France is concerned, we have no apprehension that it is likely to be soon disturbed. The alliance is of too great mutual importance and benefit to be readily sacrificed. Nevertheless, the periodical warnings of the Times are valuable in keeping up the preparation for war which is the best means of avoiding it.

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