We have now two fleets on service, one in the Tagus, and another at Malta; but both are weak in point of numbers, though in a high state of equipment. A few rasee guardships are scattered round the coast. Some large steamers remain at Portsmouth and Plymouth ready for service; but, from all accounts, there is nothing of that active and vigorous preparation which ought to be the essential object of the country, while France is menacing us from day to day, while she has an immense naval conscription, is building powerful ships, is talking of invasion, and hates us with all the hatred of _Frenchmen_. In such emergencies, to think of sparing expense is almost a public crime; and no public execration could be too deep, as no public punishment could be too severe, if neglect of preparation should ever leave us at the mercy of the most mischievous of mankind. But no time is to be thrown away. Whether we shall be prepared to meet and punish aggression, ought no longer to be left dependent on the will of individuals. The _nation_ must bestir itself. It must have meetings, and subscriptions, and musters. We must be ready to give up a part of our superfluities to save the rest. Whether France intends to attack us, without provocation, and through a mere rage of aggression, we know not; but the language of her journals is malignant, and it is the part of wise and brave men to be prepared. We shall now give an outline of the gallant career of one of those remarkable men, who, uniting courage and conduct, achieved an imperishable name in our naval annals.