She has all along said, she wished with all her heart we could succeed in taking Sebastopol, but as we had not succeeded, and apparently could not, it was impossible to press very stringent terms on Russia; and she has never held out any expectation to us of joining in the war against Russia, unless Russia refuses such reasonable and not humiliating terms of peace as she herself thinks indispensable for the objects to the attainment of which she has all along been a party. The best chance of peace now is that the Emperor Napoleon may think he is not likely to do any great things in the Crimea and that peace is his best policy, and he is the real arbiter of peace and war. If he prefers following in the wake of England, and to defer to our war policy, peace will ascend to Heaven, and the odious war will be resumed with more fury than ever, and no one can guess how long it will last, nor what will be the end of it. THE EMPEROR NAPOLEON AT WINDSOR. _April 17th._--Yesterday I went out 'with all the gazing town' to see not the least curious of the many curious events I have lived to witness, the entry of the Emperor and Empress of the French into London. The day was magnificent, the crowd prodigious, the reception not very clamorous, but cordial and respectful. A fine sight for them to see such vast multitudes, so orderly and so prosperous, and without a single soldier except their own escort. The Queen received them with the utmost cordiality, and omitted none of the usual forms practised between Sovereigns. She met the Imperial pair at the entrance to the Castle, embraced the Emperor and then the Empress when she was presented to her.