London, January 10, 1862
Captain Wilkes has not positively shipwrecked us, but he has come as near to it without succeeding as he could. Thus far the country has been at least saved the danger of setting up military idols. This reconciles me a little to the slowness of our operations. Another consideration is the crushing nature of our expenditure which must stop this war, if something effective does not follow soon. It is idle to talk of putting down the rebellion whilst our power is resisted successfully within a dozen miles of the capital. This idea prevails so much here that it will undoubtedly become the basis of a movement for recognition before long. . . .
The first effect of the surrender of Messrs. Mason and Slidell has been extraordinary. The current which ran against us with such extreme violence six weeks ago now seems to be going with equal fury in our favor. The reaction in the city was very great yesterday, and even the most violent of the presses, the Times and the Post, are for the moment a little tamed. Possibly, if nothing else should intervene to break its force, this favoring gale may carry us through the first half of the session of Parliament, in other words, until the first of May. If by that time we shall have made no decided progress towards a result, we may as well make up our minds to disbelieve in our power to do it at all. Foreign nations will come to that conclusion if we do not. . . .