* * * * *
Even while we write, France has embarked in yet other schemes of colonial aggrandizement. She has just purchased the port of Oboch on the eastern coast of Africa, near the entrance of the Red Sea. The place is not laid down upon the maps; nor is its naval and commercial importance known; but its proximity to Aden suggests that it may be intended as a checkmate to that English stronghold. In the great island of Madagascar she is founding mercantile establishments whose exact character have not as yet been divulged; but experience teaches us that these enterprises are likely to be pursued with promptness and vigor.
Thus France is displaying in colonial affairs an aggressive activity which was scarcely to have been expected. To what extent she may perfect her plans no one can prophesy. That she will be able to girdle the earth with her possessions, and rear strongholds in every sea, is not probable. England has chosen almost at her leisure what spots of commercial advantage or military strength she will occupy; and the whole world hardly affords the material for another colonial system as wide and comprehensive.
* * * * *
There is one consideration which ought not to be overlooked. It is this: the relations which Louis Napoleon has succeeded in maintaining between himself and that power which had the most interest in defeating his schemes, and the most ability to do it. Under the Bourbons, the whole policy of France was based upon a principle of settled and unchangeable enmity to England. As a result, war always broke out while French preparations were incomplete; and the concentrated English navy swept from the sea almost