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alliance is the sheet anchor of his throne in Europe. He may desire that the Union be preserved, in order to counterbalance the maritime ascendancy of England; but this remote contingency is not to be weighed for a moment against the permanent and practical advantages of the English alliance. When the Northern press asserts that Napoleon will give the North, if necessary, active aid, they forget that he is the last man in the world to proclaim his purposes, and that in the interview of M.Thouvenal with Mr. Faulkener, the declaration was made that, whilst France would not act with precipitancy, the de facto rule was one to which she had adhered in Europe. In the only interview which Napoleon has had with Mr. Faulkner, he desired to know if his mediation in this war would be acceptable. That the North, boasting itself to number three to one of the South, should be so anxious to secure European aid besides, does not speak highly for its confidence in its own capacities. Of course,