London, May 20, 1862
It has rained every day at some time in the day for eight or ten days. People begin to look dismal and croak about the crops. To Great Britain every day of sunshine lost is equal to an expense of just so many thousand pounds. The islands never produce bread-stuffs sufficient for the consumption of the people annually. They must beg some millions of quarters of wheat at any rate. In bad years they buy just so much more. Hence it is that at this season every bad day sensibly affects the price of stocks. No country ever had a more sensitive thermometer of the weather. But if this be true in ordinary times, how much more so in this season. The supply of cotton is rapidly and steadily declining. And the poor operatives of Lancashire are coming nearer and nearer to the time of starvation for want of work. If upon the top of this there should come a dearth of bread, it is not difficult to understand the extent of the social distress that may ensue. So there are miseries quite as acute as those of war which now afflict us.
In the meanwhile things are looking better rather than worse with us. The game of secession looks as if it might be nearly played out. The country is just putting forth its power whilst the rebel armies are gasping for breath. I have been here now more than a year, during which time I have gone through nearly every variety of emotion in connection with this war. The time is approaching, I trust, when this anxiety will disappear, and with it the uncertainty of my own situation. Doubtless others may succeed, of an equally serious nature. We shall have upon us the dangerous and critical task of restoration of the civil and a diminution of the military power. All this is very likely. But at any rate that condition presents a different face to external nations. It does not materially impair the entireness of the national position. I shall therefore accept the transition with cheerfulness and accommodate myself to the new state with more cheerfulness than to the old….