London, April 4, 1862
The late military successes have given us a season of repose. People are changing their notions of the power of the country to meet such a trial, which is attended with quite favorable consequences to us in our position. Our diplomacy is almost in a state of profound calm. Even the favorite idea of a division into two states is less put forward than it was. Yet the interest with which the struggle is witnessed grows deeper and deeper. The battle between the Merrimack and our vessels has been the main talk of the town ever since the news came, in Parliament, in the clubs, in the city, among the military and naval people. The impression is that it dates the commencement of a new era in warfare, and that Great Britain must consent to begin over again. I think the effect is to diminish the confidence in the result of hostilities with us. In December we were told that we should be swept from the ocean in a moment, and all our ports would be taken. They do not talk so now. So far as this may have an effect to secure peace on both sides it is good. . . .
We are much encouraged now by the series of successes gained, and far more by the marked indications of exhaustion and discouragement in the south. They must be suffering in every way. Never did people pay such a penalty for their madness. And the worst is yet to come. For emancipation is on its way with slow but certain pace. Well for them if it do not take them unaware.