Having preluded with this little piece of hocus, Mr Cobden came to the point, and attempted to show that Austria was in such a state of insolvency that it was not safe for any one to lend money to her. We by no means object to this sort of exposition. If it be true that the finances of the borrowing party are in a dismal state, we are none the worse for the information; if the statement is false, it is sure to be speedily disproved. We have no objection to concede to Mr Cobden the possession of that almost preternatural amount of knowledge, which is his daily and perpetual boast. When he tells us that he knows all about the produce of the mines of Siberia, because "I have been there, and I know what is the value of those mines"--when he speaks positively as to the amount of specie in the vaults of the fortress of St Petersburg, and states that he knows it--"because I have been on the spot, and made it my business to understand these things"--and when, with regard to the general question of Russian finance, he observes that "few men, probably not six men in England, have had my opportunities of investigating and ascertaining upon the best and safest authority on the spot, where alone you can properly understand the matter, what actually is the state of the resources of Russia,"--we listen with a kind of awe to the words of this egotistical Exile of Siberia. But though not six men in England are qualified to compete with him in his knowledge of Russian affairs, we suspect that it would be no difficult matter to find six clerks in a single banking establishment a great deal better acquainted with the state of Austrian finance than Mr Cobden. His object, it would appear, is less to warn the great capitalists--who indeed may be supposed to be perfectly capable of taking care of themselves--against the danger of handing over their money to Austria, than to secure the poor labouring man with ten pounds to spare, against defraudment. We were not previously aware that people with ten pounds to spare were in the habit of investing them in the foreign funds. We hope to heaven such is not the case, for we happen to be acquainted with several very estimable porters and Celtic chairmen, who have saved a little money; and, should the mania for foreign investment have reached them, we should tremble to approach any corner of a street where those excellent creatures are wont to linger, lest we should be assailed with the question, "Hoo's the Peroovian four per cents?" or, "Div ye ken if they're gaun to pay the interest on the New Bonos Areas bonds?" We have hitherto been labouring under the delusion that the accumulations of the working classes were safe in the British Savings Banks, or Funds; but we are now sorry to learn from Mr Cobden that such is not the case. "I knew myself," said Mr Cobden, "many years ago, when resident in the city, a man who worked as a porter on weekly wages--his family and himself being reduced to that state that they