wreck and remainder of those magnificent armies led to victory by the illustrious Wellington, but certainly not in the colonies, and the present cost of half-pay and invaliding not therefore chargeable to colonial account.  It may be taken for granted, that at least to the amount of L.1,300,000 should be placed against ancient foreign service, separate from colonial; whilst, for the balance, home, foreign, and colonial service since the war may be admitted to enter in certain proportions each.  Deducting, in the first place, from the total estimates of, say

L.6,225,000

The “dead-weight” of pensions, &c.,               2,300,000
----------

We have, as expenditure for military force on
foot, L.3,925,000, but say—­ L.4,000,000

Taking the Cobden dictum of three-fourths of
this charge for the colonies, we have in
round numbers, say—­ 3,000,000
----------

 And the incredibly absurd sum left for home
   and foreign service of L.1,000,000

As we have, in our last number, established deductions from the gross sum of L.4,500,000 put down to the colonies by Mr Cobden, to the amount of L.1,550,000, we shall now remodel our table thus:—­

 To colonial account, as per Mr Cobden, of
   active force,—­ L.3,000,000

 Add colonial proportion of half-pay,
   pensions, &c., as per id., three-fourths
   of L.1,000,000 750,000
          
                                        ---------- L.3,750,000

Deduct military and other stations, falsely
called colonial, as per former account,—­ L.1,550,000

Deduct again charges for the Chinese war,
exact amount unknown, deceptively included
in colonial account—­say for only 250,000
--------- 1,800,000
----------

Approximate, but still surcharged proportion of
army estimates for colonial service, on Mr
Cobden’s absurd basis of three-fourths, L.1,950,000

This is a woful falling off from Mr Cobden’s wholesale colonial invoice of four and a half millions sterling!  It amounts to a discount or rebate upon his statistical ware of L.2,550,000, or say, not far short of sixty per cent.  Had the Leaguer been in the habit of dealing cotton wares to his customers, so damaged in texture or colours as are his wares political and economical, we are inclined to conceit, that he would long since have arrived at the finiquito de todas cuentas.