Banker Henry Clews has written an interesting book called "Thirty Years in Wall Street." In that book he mentions that, away back in war time, the British cabinet once seriously discussed the question of recognizing the Southern Confederacy. Lord Palmeraton was at the head of the cabinet, and Gladstone was a meniber of it. Gladstone read Mr. Clews' book, and sent a letter to him saying that the statement was a mistake, The letter shows more than anything else the admirable courtesy and graciousness of the grand old man. It is often asserted that at the most critical period of our war, both England and France were on the point of recognizing the Confederacy. Louis Napoleon certainly made a proposition to England to that effect. So much is established. But Gladstone says in his letter to Mr. Clews says that the subject of recognizing the Confederacy was only mentioned once in Palmerston's cabinet, and that was at the time Napoleon III made his proposition. The British cabinet "declined to entertain that proposition without qualification, hesitation, delay or dissent. " This much, in justice to England, Americans should always remember. Mr. Gladstone is now almost the only 6urviving member of the Palmerston cabinet. If the British cabinet had sided with Louis Napoleon against the Union just at that time, who can teil what the end would have been? Mr. Gladstone continúes: You wlll, I am sure, be glad to learn that there is no foundation fora charge which. had it beeu true, might havo aided in keeping alive angry sentiment happily gone by.