Mr Cobden, so far as we can gather from his orations, advocates the propriety of disbanding the army on the score of peace. He thinks that, if we were to dismiss our forces, all the other nations of the earth would follow the example. There is something positively marvellous in the calm audacity of the man who can rise up, as Cobden did at Manchester, on the last day of January, and enunciate to his enraptured audience, that, "notwithstanding all that had been said on that subject, he reiterated there never was a time when Europe was so predisposed to listen to advances made by the people of England, on that subject, as now!" Where, in the name of the Seven Sleepers of Ephesus, has the man been during the last twelvemonths? What does Mr Cobden understand by Europe? We should like to know this, for it is very easy to use a general term, as in the present instance, without conveying any definite meaning. Does he refer to the governments or the mobs of Europe--to the well-affected, who wish for order, or to the Jacobins whose cause he adores? If he meant the latter class to signify Europe, we can understand him readily enough. He is right: great indeed would be the joy of the clubs in Paris, Berlin, and Vienna, if there were not a soldier left. What jubilee and triumph there would be in every Continental capital! Not the suppression of the police would excite deeper exultation in the hearts of the denizens of St Giles', than would the abolition of standing armies in those of the bearded patriots of the Continent. No need then of barricades--no fighting for the partition of property--no bloodshed, preparatory to the coveted rape and pillage! The man who can talk in this way is beneath the average of idiots; or, otherwise, he is somewhat worse. Not only during the last year, but within the last five months, we have seen that the whole standing armies of Europe have been employed in the task of suppressing insurrection, and have not been able to do it. Under these circumstances, what state would be "predisposed" to surrender its citizens to the tender mercies of democracy? Ignorant indeed must be the audience that could listen to such pitiable drivelling as this!