The New York Herald Newspaper, January 21, 1862, Page 2

z NEW YORK HERALD, TUESDAY, JANUARY American opinion on this question. Though we can yet by mo means be sure of the solution it will receive, we are thankfu! to be told that the delirium of excitement which greeted = fanny of the rege moged 4 passed away, This happy change in the feeling American press aud pubhe 18° confirmed by the advices of the Angio@axon and the Havsa, bothof which left New York on the 2ist uit,, bringing us news ono day later than that ofthe Africa. Up to that date tho latest Mason-Slidell Case in England. The French Opinion on an Anglo- American War. Trent Adair. @ospatebes from Washington agreed in stating that Lord Lyune had aot yet oeoentan any official demands to Mr. Seward on the Trent affait ‘This delay, however, is rather advantageous than other. wine. inasmuch as it gives time for the developement of ” “i that pactie ture of pablic oginian snitioh igre mn . se the gowermment so materially depends. Fro - cepti : St | mencement of this diitieulty we bave had but one fear. Reception of the News of the First We could never suppose that even siatcemen of the H " 4 stamp would, without a traitorous in| . Idea of Their Restoration. FREE AAN US Uoious aictaces of common sense as to ° fe tuternal embarrassmen® by foreign war. acme The North had certainly eneugh upen is hands in the atterapt to sub, the Soutiie'u sia‘ea; aud go netic: q cewe hitherto bave been ite efforts in this direction, Opinion of the Aristocrats, Ministerialists, Abo.) (°° oe" cbsorvars have. begun to dosbt i whether this feat wilt ever Be accomplished. In such a litionists and People at Larze. Dicmma, ew theight mfilions of its population in rebel- ' bees an act of desperation to invite, . dee to avoid, a war with this country. men raight eee this and admit its force, ve ght the Cabinet has not yet spoken—but it hes oot boom actogether sileni—we may reckon to some ‘e@! of ite deewrion from the subsidence of the Wilkes fever, At all events Mr, Lincoln, in coming to will be enabied to do so more calmly if he ts feel that the people deprecate the hazard of war with Fagiaod And that, already, their sentiments are a:ruming tees prewiend ienclens y. we aninn’ hare a better proo’ than the Openiom capremed ty the Nww Yous Henan, tha! the Sonth- orn Commiciomers will Ve given up ty England. When this veedent -arna!, -o peter s for its Ang oplobia, wh.ch bot a few ¢ before signalived itself by sneering at Pritish Dluster,”’ adwits that the Commissioners may and th Yeates Ubeir restoration ax the right Autograph Letter from the Prince of Wales. Brought upon the Cabinet to constrain ft & tree that thy Hamann reserves for i spleen an opportunity of foture indulgence. te ervehed then will be when t Pngland can be better scttled than my what we might bave expected, it is Interview Between Napoleon the Third another proof of the wisdom displayed by our government British fing. And wm this repect the Hemauy is am index ae., o. ae. f the mate ®. When such t the language of the mast wio- lent end popular journal om the Stale, and when it ix ready t) gio up the Commaasioners merely om @ hintof what the Biritum domamts are we ree the folly of any other course (het the me we have pursued. Still, 8 is imonsibie to regard the nows we have ro- ceived with any Using approaching certainty. Though the Henaue ant ihe Sew York Timea appear ready to the the New York jon. “Thore are that the sub: arbitrament of pd Slicell with But this ‘The mails of the Arabia brousbt our London Giles, with letters from our correspondents in Europe, dated vo the 4th of January. From both sources we collect the fol lowing details of the news, the chief points of which appeared in tho Hxxatp last Thursday morning Twenty-five Americana trotters, says the Jewmmal tw ‘Tavre, bave arrived at this port, which were purchased or the imperial stables. Prince Napoleon har selected ime ations bat Mesmrs. Maxon be surrendered, under any ciroumatsn ive of them for his stud and five for the King of Italy = we regard, thoagh the trumpet gives an uncertain sound, ‘The Moniteur de lo Plotte of Jan. 2, in alluding to the | gy indicative of a praceful sulation. I is car that the application made to the Frexch government to supply | writer Res partaken of the alarm caused by (ho news that Pritioh bluster’ wouk! pet e.baive so easily as was ex men-of-war to convey goods from Havre and other ports to the United States, observer: — ‘The journals which mention the matter might have a¢ ded that the government could Bot poss. accede to the wish expressed by the Chamber of Commeroe, the ships of-war having peccliar internal arrangements ands heavy war material which dues not allow them to carry morchandise. To convert them int transports it would be necessary to take out a part of their guns, and they would thus be exposed to dangers which might arise froma mere misunderstanding. What war vessels can do, and what they will do, is to convoy merchant ves gels, and protect French trade in all the seas which it frequents. ‘The Italian Minister of the Interior, M. Minghetti, ba* published, under the title of Statistica Administrative dey regno d'Italia, 3 document which presents the first com: plete account of the new kingdom, with adminis- trative organization, population, &e. The whole king dom comprises seven principal divisions :—1. Piedmont Sardinia and Lombardy, with a population of 7,106,698 souls; 2, Emilia, 2,127,165; 3. The Marches, 900,972) 4. Umbria, 492,927; 5. Tuscany, 1,815,243; 6. Neapoli, tan provinces, 7,061,952; 7. Sicily, 2,221,734—making a teral goverument, ant tbe votes total of 21,724,529 souls, The most populous city is Na a by by Sa 4 = ples, which has 417,436 inhabitants; then comes Palermo. ; 186,000; Turin, 179,635; Milan, 177,693; Genoa, 119,619; Florence, 111,500; Leghorn, $0,000; Bologna, 75,000. | divs the attention of Se“T oe None of the other towns, except Messina, reach 30,000 in an pected, and that be writes an‘er a confusion of ideas. Otherwise, bow could be place «ide by side a proposal for erburation ant 6 determination no tw abite by its award, if it ortered the rest ration of th» Cou.missiosere” ‘The writer wext proceeds to observe that ‘there still feverish uncer current of popuiar feeling on the demande boa “feverish under curtent” we take to be the eilect ty as to te Gature and ertent of the —a very watural state of feeling. Ths under Cures may OF may BOL poRsers & Deatile aapect But the writer relieves us to seine extent of eur auxist on this bead, by teving vs unmediate'y al trong impression prevails that the matier will wot to war.” Now this impression can only resuit from ben the side-ation of the those demands were got oMicuily Anown. Nor cau It re Sul from the impression with regard to therm produced by the Mngish newspapers, because our jourcals repre sealed that the surrender of th» Comuinsionery, Lothing lees, wou!lt satusfy the Brith gover: ment In another ortcle we have touches ep the warlike habitants. bike - ge a p— ph ——— ance been . ue at least of our con. ‘Paris letter of the 1st instant, in the London Pes an oo - ~ eays:— the Cabinet but Mr. Seeretary Chase hee given ‘The year 1802 opens finding Franco stil! endeavoring to | aa assurance of | peace with Great Britain. It obtain a solution for the an question, iB order to Ought, we think , te withdraw the French army from the dominions. ‘The Emperor continues to employ all his influence, per- sonaily and diplomatically, to induce Pius IX. to be re- conciled with King Victor Emanuol aad the 22,000,000 of de Lavalette, the new French Ambassador at Rome, bas already had interviews with Cardinal Antonelli, in which he urged upon him the vecessity of the sovereign Pootit extricating himself from « position which, if prolonged, ‘nay prove as fatal to his spiritual as his temporal rule. ‘The London Times of the Ist of January hasan editorial ‘a the financial condition of England, which ends thus:— “We can pay our way, and squeeze out enough sur- plus from time to time to allow ourselves the luxury of repealing a tax. But with war the expenditure will be. come terrific. 2he garrisoning of Canada is already an ex” Abolition. pensive business, and all our ordinary calculations must be Jan. 4) soon thrown out tf we have to run a race of expenditure Yr ‘with those quarreisome Yankees.” thowsand men It is stated that Messrs. Glass, Elliot & Co. have ten. ton to ee, against the @ered to the English government to lay a cable from Mil- i 9 ford Haven to Halifax by July, 1862, for £700,000, ra. = Guaranteeing its efficiency for one year. ‘Tho Morning Advertiser asserts that General Scott, during his atay in Paris, offered to the Emperor Napoleon 3 if Lower Canada, if he (the Emperor) would side with the | sectaries; the management, the first speeches and the yy those whom United States. ‘Wheo ao vote was taken, however, and hands rose in forests, and 5 : THE MASON-SLIDELL CASE. Effect of the Anticipated Settlement Aceording if to the News by the Hansa. the shouts fullowed them im thunder, the Quak with characteristic honesty, turned up and claimed atriumph. Whereupon a local insisted upou a second vote, and the hands that went tn forests, and the sbouts that followed them in thunder, were proved to have been in favor of Lord —_— aud hostile to the peace-at-any price faction. paca, fe presume thet Mr. Bright will have te ge down end ascertain how he stands with bis constituents, for th: The King La pres the Masone | have decidedly snubbed Nim and the “avortcan party to jongs. c hear nothing more DESPATOH OF COUNT BERNSTOFY, PRUSSTAN srxisren | DCH be belongs. | After thie we ah Brignen, tw POR PORZIGN AFFAIRS, TO THE PRUSSIAN AMBASSA- | amusing to observe that the organs of the xnti English DOR AT \fASHINGTON, ON THE TRENT AFIATR. cabal contaived po record of their Birmingham deieat. Benin, Dec. 25.1861. | This is precisely what might have been expected. The Mons. Le Baroy—The warlike measures which Prosi- | event, however, is tvo remarkable and too important as dent Lincoln has taken by sea against theSouthern States, | an evidence of public opinion to be left in the obseurity of which have separated from the Union, ware calculated, | a paragraph. It is expecially signifeant just now, wien immediately upon their occurrence, to inspire in bis Ma- | the naval rights of Great Britain are to De sub. Jeaty's government the apprehension that they might | jected to a species of diplomatic thimbierig, im which, of easily give occasion to the legitimate interests of neutral | course, deluded country which puts its trost ‘States being thereby injuriously affected. in a foreign arbitrator would be effectually ‘This apprehension bas been, unfortunately, entirely | sbarped. And it is useful to contem. justified by the violent capture and carrying away of | plate this revolt of Birmingham against Messrs. Mason and Slidell (rom on board the neutral mail | the peace party, when we have before us the endless i)- Steamer Trent by the commander of the North American | justrations of American political controversy and civil war ship San Jacinto war. Genoral McC This occurrence, as you will easily believe, has created | General McClellan's agente are not incapable of setting the greatest sensation in England, as in the whole of Eu- | fire to cities and towns in the South. /tus now perfectly rope, and has not only placed the Cabinets, but also | understood that the horribie coutiagration at public opinion, im a state of the most extreme expecta- | which rendered hundreds of poor families homeless, and endangered thousan: . ida of lives, was the work of @ North. Although England is certainly alone immediately affect- | rn jucendiary. Indoed, reven attempts were made od by that act, stil! one of the most important and gene- immediately afterwards, thin two days, to eet Mont rally recognized rights of neutral flags is at the same | gomery in ; and it has been opealy boasted that time catled in question. ther rebel centres are to perish like the Cities of the It is not requisite that I should now enter into anex- | | ne ~ planation of the points of law precisely involved. Public opinion in Europe has pronounced itself, with rare una tho most decided manner, in favor of the ‘We ourselves have only hitherto hesitat- nt you with our views upon the transaction because, in the absence of reliable intelligence, we doubted’ whether the captain of the San Jacinto had been ded in the course he adopted by instructions received rom bis government or not. We still at present preter to believe the latter supposi- tion correct. Should, however, the former prove to be the actual state of the case, we should fel ourselves com- pelled to ascribe a more serious importauee to the matter, and to regard in it, to our great regret, not an isolated fact, but rather an open threat of the rights appertaining to all noutra's. We nre as yet not positively acquainted with the de- manda forwarded upon the part of England to the Cabi nat at Washington, upon compliance with which the main. tenance of peace appears to depend. As far, however, a8 we are informed of them, we entertain the conviction that no terms bave been proposed by England by which the dignity of President Lincoln eould reasonably be offended. wi despatching cargoes granite to choke for ever the entrances of commercial ports, and by land fo mg worse than assagrins to burn down’ ful habitations, and risk the lives of women and children, of the aged and the helpless, intiser im). nately. These are the clients of our wltra-pacitic plead ers, and theit savage brutality, worthy only of the red Indian, is that probably. whieh quail them to be ap proved by fanatics who can detect no crime and mo bar barism, except when charged against an Prng.ishman We must continue, while auticipating further intelli. gence, to scrutinize closely the statements bronght from Awerica. In the first place the conciliatery remark at tributed to General MeCiellan reste vpon no aathority whatever, beyond that of a New York penuy From the same source originated a repor conversation at the table of the French Minwter Age ormation we give tr-day in the statement w respect to a Cabinet Council at which the Englieh ques. tion was aaid to bave been discussed. /f w> loow for ave lute facts, we find considerable pr-para'ions for a saratime war; a bill voted by Congress for the construction of twenty iron clad weasels, and, more significuntly sill, a grant of His Majesty the King, animated by the sincerest wishes | 77) - a rly five millions of dollars to erect yyyantic works of de So Source per to advocat ihe oo i = i. ~~ ay ae her pine, 4 the r coast from the inciteo, We also Sen Wecuis cummed cursely discover frequont testimonies to the ineMcieney ceeded 09 this means in contributing of the biocka Turning to another wubjert, we lon of a contlict out of which tho ae ens ae” ee ous spring. It is possible that the President may have already | heanc\ ation th that Mr mete decided upon and expressed his res But of whatever hal Petco ted cates bur Sedat ‘ ature this may be, it will at any rate bo consolatory to Penh pr gen the King’s government, looking back upon the aninter- | and cftcers declared that they ww. ee--m rupted condition of tho sincere friendship which bos | (yh of the Unt prevailed betwoon Prussia and the United States since | £@rri,Tmedrnian their foundation , to have frankly submitted to the Cabin: & | wo m: of Washington ite view of the present case, as well as tue | feroes wishes which are therewith connected. than Presi¢ 1 bog to request you will read to the Secretary Of | or the ery with any other bir State at Washington the above despatch without delay, | Jongiish public ino. @ and, if he desires it, will leave with him a copy of the | far from blaming Presiden auime. Tehall expect to be favored bya speedy notifier. | 45° comply wih the tion of the fulfilment of this commission. longne, Secretary Camere e I have to present to you the renewed ans! Such a power © get in motion, 6 dtevch the Profound consideration, BE jand in bi 4 reiden over tos OPINION IN ENGLAND. confusion of burt personal wrongs geration of his ow: Save, but it wor The Firat Gleam of a Pencefal Adjast- | woul it England—A W holesomeFtar of | real pro Ultertor Consequences. | the reek lesancss {From the Fondon Cronicle, Jan. 4.) known confh 7 The rained by the jntelligonce brought by tho | biaek population. Howey tony © Africa that the Trent difficuity admitted of @ poacetn! certain that @ strong exemplification o. it waa g Frtion has somewhat diminished that keen anxiety wiih | wi Charleston, where ai first the Norch attempte wiiub we baye hitherto watched every iudicaiion of | x upon the blacks the stigma of slat imonstrous ne “wT og, it might aveng sliate upon 1 h wo onder ne It may be tha « ¢ Cabinet bas been dia-e core aay he loya ty 1862. Wo do not, of course, imp! ing the Canad Great Britain Cart lic. ‘This sort of bullying is ment has been, it is too too meh self-respect, feeling to justi has been publi cou age ts in aliding by our wilt only yield Co menaces, to adopt a conciliatory tone vernment will be far more whor pad, and, disgraceful as the conduct utterly imbecile and malignant. the Cabinet has been suficiontly inimical to English diary crime which menaced the city with destruction. | as afraid of them. But he No class of the inhabitants, however, were more eager or strenuous than the slaves in their efforts to extinsuish the flames; and if at Richmond, Memphis or Ne a repetition of the disaster occurs, we shall be at no loss to trace the infamy to its originators. Orleans licate Mr. Lincoln in these foro- cious enterprises of his partisans. Nor do we confound the whole American people with the readers of that execra- ble print which, like our own Se; itself ail the vulgarity, slander tire capital. We do uot suppose that even the President's graceless colleague would condescend to boast about s Ling six thousand sails flying upon all the seas, contiscat- ‘the West Indies and Ireland, abd hurling the same ruin which overwhelmed and Tyre, Spain, Vortugal and the Dutch repub- journal, gathors into Diliousntss of an en- worthy only of aliterary foot- the federa} govern- prudent, and, we trust, haa to adopt o language so Still, the policy of rebuke and suspicion which every word hed on this de of the Attense and to en- original opinion, ‘hat America i may be however courteously they may phrased. “It is perfectly just on the part of lord Russell ; but the measures of his go- persuasive than the blandish- ments of any despatch; and however calm may be the representations of Lord Lyons, the true commentary upon the event will be found in the English press, always leaving ovt of view that pernicious little parlourful of national bigots who have just been repudiated at their own headquarters, and suilered the neutterable mortificat on of an irretrievable defeat at Birmingham, Mr. Bright is the member, and where his constitu: onts were supposed to be among the meckest, tanust ‘nd most pauper spirited Uriah Heeps in England, Influcnce of the Ne w York Press on the Question of War or Peace. (rom the London News, Jan. 4.) Wo haye another day’s int telligence from America, The steamer Hansa, which arrived at Southampton yesterday, brought tho New York jo: urnals of the 2ist utt. The nows is Stull indecisive, since it reports no action of the government. ‘Thore is nothing in it from which the most ingenious telegrarhist could make one of those short, which suapping senten some cri ring through Exroye when ‘al event i¢ to be announced. Nevertheless, it is most important; if no decisive resolution of the Wash- cision tsattirmed abundant! mont of America resid Cieory which has bi rivel of the Afi peace or war was a New York. The lea: res hui the isaatp endorses this and truculent way, of cours; readers on the tadings vcem to convey. and fussy men been a stration in this crisis, as ha cumstances within these fe own disastrous. But Lord taten men sensible of the vi of their note to the Tament, wil (ree magnanimity is, theory of some of our coniemporaric: ington goverament is reported, the promise of such a de- ty.” If we were to adopt tho that the guvern- ally in the New York press—a rriedly put away since tho ar- we might say that the question of ady decided when the Hansa left g journals are unanimous in de- claring that the fullest ‘satisfaction mast be given to Fagiand. ‘Tho New York 7imes concludes a review of the legal bearings of the case by declaring that the American government is**bound to restore matters to their original status,” and to ‘give up the rebel ministers.” The New Yous Hxxatp also says that it is in/ormed that tho Cabi- not lias resolved to yield to the demands of England, “seven if these demands involre tho restoration of Measrs. Mason and Slidell to the protection of the British dag, and an apology fur their seizure by Captain Wilkes.” And resolution, though in a mean e. frust we are not premature in congratulating our ssurances of continued peace which these We trust that one of the greatest e@iamities Chat could Lefail the world is averted. And if #0, we owe the benefit, under Providence, mainly to the wise and firm conduct of our government. Had nervous t the hoad of the admini- s happened under similar cir- w years, the result must have Palmerston and Earl Russell, ‘a# Englishment on vindicating the honor of the ountry, baveshown themselves as enlightened states- of peace. ‘The form and terms net of Washington, when it is 1 show th urprise of govermment of & free people rises above the waves of Passion whick surge and roar around it. We have no tear of that working of the oll leaven of malice with which the New York Heraip threaieus us as a conse- acmit that our govern ee of am outrage, acted Hon. If ay sting remains, it will the wandon and muri vous mele the lat ns works. Ej ona well be found to be omy Sous ba’ churie mah. * ts not #0 easily as ectatien ts aout that to atddy edead am ill , tat “ station F oe memlers moat snftuenteal, shady sce the | eh tina fousaliom, Sty Woryelon:. We trona of few alum, and by :. We may Lope that lor the present those miserable designs hove been frustrated, Det we may be sure that they are not abandoned, and it will be the duty of ail who value a ee London News, Jan. 4 “Be not righteous overmuch ,” whieb may be gently recommended to some rather siily advocates of to be the curse of principles w! Of the political moves and morsis are ridden to death by agitators Practical, by bonest feeble iaiermanship Bo rt fdent rheto: ie mo from parody must regret the a violent death”at ipjudicious irieads. this principle shuald bo and burlesque, that all the only peaco worth having—peaco with incousiderate haste: desultory vehemener with which ® memorial in favor of arbitra- ged upon the approval of the citizens in tbe ‘of our midland capital ue Thanks to the sense and generous wstinet of a repre- the “workingmen” prosent, the memorial, , as it was worded, meant nothing, if not a slur upon the government. ve raw death, but bet Garete of , Was sot aside,aud a plain, ing of the‘ Foot worst enemy, since Kk and file chet must dil up the ranks of ards benore and row but he protested against its ‘going forth to their brethren in Ameres that the of Birmingham bad af. firmed the very wrong in resenl i i sympathy with Ht z : : es i ae t "The working. those who held the national cheap, and for his own part he had confidence in goverumen! to’ vindicate our Lonor.”’ bas the ring of the true metal. of clap trap or bravado in it, but jost happy mixture of Ormness and moderation which Delite a great people who have great interests at stake, but to whom bower im the dearest interost of ail. It is not by disparaging the respons.b @ action of tho govern. ment, or by lay! bevore down arbitration as a paramount daty case for arbitration is ascertained, or even the preiminari-s ‘o sock @ Settlement are presented, tbat is to be ved. Pevasaadee th ant) elieh ourne # ow the represent (he intercets of bumaniterian and of course other side of the Channeito the British people as divided aod oppaned on quections of peace and war, as if nw tional honor’ were the exclusive privilege of an aris- the * tocracy, aad poopie and defend. This is the “ democra of the work ngmes of England. Nosh had bo country Ww cherish of the Siecle; not is mare cortain than that the largest @ass of (he community have ieast {0 gain and moet to lone by war, the tax of blood falls heey ist upos (hem whetuer they go out to Ogbi or stay at home lo wok Hat they have as clear a senne of the irae sourees of thew covotry s greatness, and as high « Spirit io maintacning t, ae mover of the rese ation at prevented very fathrully noble of the realm. The the Hieminghem meeting re- the feeings ot thograat ma- lority of the British pouple—tha: is, of all tue suber minded, serious, and respon: muvity, whe prefer boner price members of the com. at Boy cost to peace at any Tuere is ne public man @ntitied to serions attention who dues not regard hortuites with & ke, greatest of all mowforianes, Of WF who has yei eocken who has n hope that femperate conte ed people as the No politician 0 any wengbt yresmed the ie may preval on the other { the Atinotic, amd that the @etiiem nt of the pre- cut ‘ilerences ermaneb\ evinow of the rghie of new be tec rence of such . = inter oy oe Mr. Cardwell, at On | fo 5, wae not amore resolute sorting (he claims of t | 4) oot, thaw gewerous and conciliatory iu the | per of peace. The mem poe inl ho L wn iobe not wth the advivers me y of Law bie ito dada to be «1 © PA reromution just vi but an idle ¢ the i | 3s i * Fs ee liberal to hesitate on other liberate in seeking to elucidate the facts of an interna tional question, to determine the prine govern its adjustment without sacri either sice, and, without insisting off band apt dogmat! ca'ly on the resort to arbitration before he tained whether the opportunity for arbitration bas ar rived, he urges that ine pessie. and propriety of ap pealing tosome better decision than that of the eword should be kept in view. This, in truth, is all that advanced with any show of reason or ab the present moment in favor of a prin which may pot, After all, whether fortunately or unfortunately, be sus coptidle of application to the present case. It is not in these columns that our readers will look ‘a happier future for the Old World and the New. But in such a crisis as we are now passing through it impossible for us to be quite so litan as to forget that England is our country; and that ish rights and interests are the nearest and dearest to English public writers, as to the rest of their fellow countrymen ashore or afloat. It is in this spirit that we earnestly condemn the policy of dividing English opinion on the prev! question of national honor, or representing it as divided. Our government has addresged a demand to the Cabinet of Washington as moderate and conciliatory in form as it is decided in substance; and having done this, it has a right to count for something on the strength and im- posing appearance of strength which comes of national union even more than of vast material resources, in su- premo emergencies, when the hand is on the sword hilt, but the heart is still for peace. pe The Navies of England and the United States Contrasted—An Inkling of Fear Concerning Union Privateers. {rom the London Times, Jan. 4.) One of the most astonishing characteristics of the Ame- rican people is the ignorance which they show in dis- cussing the power and resources of uther nations as com- pared with their own. They are well educated, they are enlightened, they had till lately a free press, they are given to foreign travel, and it was their justifiable boast that in no country was useful knowledge more univer- sally diffused. Nevertholess, their delusions on the sub- ject of their own omnipotence and invulnerability areas ‘strango as any ever entertained by the Chinese thom- selves, Thoy have beon 60 flattered and befooled by their own mob orators that they have lost all measure of their real strength. Their few isolated victories in tho war of 1812 have been made the foundation of such a blind pre- sumption as would befit some semi-barbarous Eastern court, rather than a sensible and well-instructed Anglo- Saxon nation. he key note of their boasting is that the Bri- tish conquered the world, and thatthey con;tuzred the British, They might as well styie themselves lo of the carth and brothers of the sun and moon. They never conquered us at all, and the littie that they did fifty years ago they would have a very poor chance of doing again. What cousummates the prodigy is that they enter into circum. stantial calculations of their power, and with ample proof to the contrary staring them in the face, establish to their own satisfaction that they can crush, ruin and destroy any nation, or all the nations of the earth togethor, while no nation is capable of doing them any sensible harm. As an cxample of these wonderful self-delusions, we take their estimate of the British and federal navies, which thoy have worked out, at any rate on their own side, with elaborate detail. Their conclusion, as illustrated in the extracts which we yesterday gave from American journals, is that they could sweep our commerce {rem the face of the ocean, destroy our maritime renown, aunihi- late us as Tyre and Sidon were annihilated, and reduce usimmediately to the position of ‘a poor fourth rate to become, Probably, “an appendage to » “All this while they (the federal States) would enjoy perfect immunity from the evils of war, and, ex- copting that they might possibly lose afew luxuries, would thrive and prosper, independently of the world, sustained by the boundless.and all-sufficing resources of a vast and fertile country. When we look to the moays proposed for achieving all these triumphs, we are told that the Northern States would, ona declaration of war, equip and arm 6,000 privateers to drive us from the face of the deep. It is as well, perhaps, that in this estimate there was no mention of shipsof war. What the federal navy was at the commencement of the civil war we showed a wecks ago; what it is now we can explain this morning. As the emergency was pressing, the federal government at once resolved on purchasing a whole fleet of vessels from the mercantile marine. They spent on this sorvics about million and a half of money, and bought up apparently every tlonting thing at hand that would carry a gunortwo. They did not even conilne themselves to steamers, but snapped up old sailing brigs, barks and schooners, which they added t» packet vessols, tugs aud forryboats, and go *‘reconstructed’’ their navy. That navy, therefore, which six months ago consisted of about half a dozen serviceable frigates and twice as many ser- viceable sloops; now comprises, in addition, 36 paddle- wheel steamers, 43 screw steamers, 13 ships, 18 barks, and 23 schooners.all picked up in the various federal ports since July last. Tis, as far as the ships.of-war go, is the force on which they rely to contend against a navy’ of @ thousand vessets, including 80 ships of the line, 100 erful frigates, and. awarms.of amaller craftadmirably Burtt and armed. Admiral Milne's squadron alone in- cluded on tho Ist of this meath eight ships of the line, as many heavy frigates, six eorvettes and eloven lighter steamers or gunboats. A dezpatch from the Ad- miralty could doubla or treble it at tho shortest notice. As to reinforcing such a marine by purchasod tmen, we could add @ thousand steamers to isin a month, If the idea could be entertained. As it is woare going ‘rather on the opposite tack. ifthe of the Northern States will but look at the naval intelligence given in these columns, they will see that, instead of buying, we are sell ‘A very pretty littie floet of frigates and sloope is just now on sale at our ryards. most of them newer and better vessels those which formed the sailing navy of America afew months back, and all infinitely superior to the bargains by which it has since been increased. This survey, too, will materially assist us in appreciating grand scheme of ——t us from the ocean by the guns of 6,000 privateers. If the Northern Americans, acting under the strongest stimulus, and with a prodigality of outlay beyond all bounds, have only been able to equip and arm some one lundred and fifty merchantinen of all deseriptions in the course of six months—not half of these veing scaworthy—we may guess what success they would experience in turning ont about forty times ‘that number to sweep England from the ocean. But there is a good deal more to be said on this point. iB yy gone age. be doue by privateering we, as being intinitely stronger, could do more than they. If such a game were to be could send out three privateers to their one, ing no longer inferior in sailing qualities , Dut a match for any vessels in the worl’. "ivateors would be ag certain in the long run to beat theirs as our royal navy would to beat their ships of war. It is far more probable, however, that the days of privatoering would be found to be past. Steam has now supersaded sails, and steamers require not only greater original outlay and organization, but convenient ports for Mtting and coaling. A stcam privateer could hardly keep the sea more than ten days at atime. Our large mail packets would carry guns, and would be unassailable by apy but ships of war, of which it is to be hoped Admiral Milne would soon a good account. Thon, again, the ‘electric tele- graph has so improved communications that tho first Sight of a hostile sail on this side of the Atlantic would sot evory port and every guardthip on the alert; and sup- posing, after all, thet an Ameriean privateer should suc- cond, ig no doubt she might, in snapping up a prize, where is she to dispose of it? he could not carry it into any European port, and our blockading squadrons would take good care that she got into no port of her own. The Americans, in short, could never send out ‘6,000 priva- teorn,’’ nor a twentieth fart af the number; if they did 80, and privateering was found to be an effective service, we coult beat them hollow at their own gamo; but the probability is that the system would never answer in these times as it did in times past. Equally marvellous, again, is the delusion of the Ame. about their own invulnerability ali this while, and solute independence of foreign trade. The ‘first eifeot of our bloc! ,- 3 tl sourco of their ordinary revenue. At the same moment the vory embargo which they boast they could themselves lay on their breadstutis would rob the West era States of the profits of their agriculture, and con- vert communitios already uneasy into disloyal and dis- affected States. Ie the federal government propared to encounter these perils, and in an unjast cause? | We should think not, but such are the hallucinations which long course of fiattery has engendered in the American mind that it is impossible to predict the policy which the people may dictate. In this crisis of their destinies, whon @ war with England would, comparatively speak r eir " navy scarcely more formidable than that of Italy or Spain, they are not only defying, but menacing the chief maritime Powor of the world, and all this they are doing in the light of day and with abundant ,information to guide them toa De'ter judgment, Under such civcumsiances who can <aleulate on their course? weanedd y night bai tall Mechasics’ Institution, the Marquis of Hartiagton, M. 1. for North Lancashire, took the oppor- tunity of expressing bis seutiments on the American question. If we look at America we saw (said his lord- rhip) a great country engaged in what would appear to be an altnost hopeless struggle—a war which is without a redeeming feature. War is always terribie, but it was powerbie that eirecmelances might arise when it would be coeewqary for & great principle to be asserted and a great in) *stice to be redreaved. He thought that he must be Very suiguine indeed who can hope to seo any good resulting te work! through the war which is now fag ng. Bngtihmen could nvr sympathize with the South, who had withdrawn from the Cavon and had become traitors b they had lost tha! measure vesenernjyed. Ov tho other hand, yatbize with the North, for while cerned by the most liberal prin- © e8 wluch Che word ever knew, they were endeavor: ost reckless expenditure, 0 bring back to ‘se who were intinenced by the most invete- did not think that this was the cat nation, ailing itself free and libe- sue, With respect to slavery, it was . the ea use appeared to become desparate that aboliwon ery, and therefore in thie war ja have ty sympathy eltber on the one side or the Tt was with the Nortnorn States of this pation © likely to be drawn into conflict, in censequence ws fered to our flag.. He did not believe that this fnrvi! w onal, for it was pre'ty clear that ¢! was only » aes an tntimidual, who took upon himeelf the sole re- deity, ond MC (he ingult was not planned beforchand, dui not see why there should be any difficulty about io King reparation, If the insult bad been commi on ou tide Luere would bave been the most ample reparation mete 1 be that a diMoulty would arise in the set- Uement of the quertion, and some had mentioned arbi- Ey a ee ee qv Seeteeciten, bat he thongha thes if the Amernens were wot inchined to listen to the moderate demands of Eng- Sat, Sar waetl ant bo Made be lnten 60 eneny, the tmiervention uf apy Power. Mf the American ans sanity wished to make m ., it might owe very simple manner, English govern- would not sand on amy punciilio which our national 7 i Lj [ News on the Stock Ex- change. [From Se ates Sas ae Article), Jan, 4. The tock market has ‘with remarkable buoyan- p Aga d= ata further improvement of five eighths per cont, & total advanee of 1% por cent since > Ist inst. The left yesterday at 91 kot frm but BREE? ine si ‘Trent outrage having meanwhile beon benefitted by influx of bullion. cotton in tho amount that had been estimated is also a not unim- portant advantage. From the character of the rise in consols this afternoon it was inferred that the Hansa may have brought advices to the government from Lord Lyons of some informal in- timation having been given by the Washington Cabinet that Messrs. Mason and Slidell will be restored. ‘The commercial advices from New York by the Hansa, which are one day later than those by the Africa, continue show confidence that peace will be sion waa gaperal that the government were immediately about to make an extraordinary effort against tho Con- foderates to avert the growing discontent at the absence i of results. Meanwhile, the question of a suspension of Specie payments continued to occupy attention, and farther shipments of gold were to be made by the Europa, which wili be due at Liverpool from Boston on Sunday next. OPINION IN FRANCE. The Peace Feeling in Paris. (Paris (Jan. 2) correspondence of London Post.) Those who have hoped and believed that hostilities between England and Amorica would pot take placa are certainly amongst tho minority; but I find that wo aro gaining partisans and friends daily. The tone of society and the Bourse is peaceful to-day. The three-per-cents have advanced 45c., closing at 671. 60c, We have nothing Northern or the Southern States. We still lelieve in peace. The evening Parisian journals say that from the little new material found for specula- tion most people believe in “an arrangement” between the governments of St. James and Washington. [Paris (Jan. 10) correspondence of the London Herald.) Touching this Amorican question, in the new number of the Aevue des Deuz Mondes, published to-day, M. For- cade exhibits to what a lamentable extent a man of real talent and ability can lower himself when he writes un- dor the influence of party spirit and ignorance. He sets out by stating that the demand of England is in strict conformity with legality and justice, but asks if a great nation should be guided by the mere rules of law, like some pettifogging attorney’ He then, warming with his subject, proceeds to state that unless England modifies her demands, it is cloar that she must bo actuated by motives of the most sordid interest, &c. He aiso fancies England deeply enamored of the Southerners, “ at all times the most bitcer enemies of England,”’ and takes an opportunity to assert his opinion that the’ civil war can only end by @ reconstruction of the Union, and his con- viction that the secessioni#t cause must Ruddely col- lapse. In short, instead of the calm, temperate and ju- dicious reasoning we have been accustomed to read in the Revue des Deux Mondes, M. Forcade’s remarks might be embodied into a leader in any of the sonsation papers in New York. What M. Forcade Says on the Subject. [From the Revue des Deux Moudes, of Paris, for January.) We cannot contemplate with indiffercace a crisis which threatens witu dissolution the more vital portion of America. The coolness with which the South seems to with to connect its cause forever with that of slavery, and the principle af free ‘bor ‘on which the prosperity’of the North rests, do not allow of generous foelings hositating between the two parties. Tho mos: pressing interests must make us desire the prompt couctus'on of this crisis, to which a foreign war would give a duration and proportions more dangerous by ngy the sufferings under which Engiond, France and ail Europe ate indirectly laboring. Now, American crisis canaot terminate but by the re- ectablishment of the Unizn, The sece:sionist doctrine, were tt ratified by success, would be for the States of North Ameri- ca—fSor those of the North “<< those of the South—a per- manent cause of disotution. it would again appear oyery- whore and on every pretext. State wouid separate from State, county from county, district from district. ‘Tho would a'l fail, as in South America, into au anarchy, wi changing dictatorships, raised up and overthrown by violence, as the only remedy. If the presont civil war be prolonged,or if it be aggravated by a foreign war, the North will be vdliged to Lave recourse to the immediate and radical abolition of slavery, to servile war, to those extreme measures which will not repair the mischief, but which wiil complete the ruin of the South. We havo aiready seen by the inst. mossage of tho President, and especially by wpropesittons Presentod ant digesswod in Congross, how difficult it is for the North to defend itself against the tendency which leads to these desperate ex- tremes. We may observe, in passing, that since the be- ginning of this struggie, people in Europe have not been just envugh towards Mr. Lincvin and his friends. They have not had suilicient consideration for the reserve these have exhibited on the questions of slavery. far as it depended upon them, Mr. Lincoln and his frienas ha not desired to revolve it ima summary manner, amid fire of a civil war, and at the cost of cruel uncertainty and incalculable evil. They have sought to take away from violence the solution of @ problem so formidable. They have tried tocontlne the quarrel between tiem and the secessionists within purely political grounds—vu the ques- tion of ascertaining whother the most reapectabie of ail contracts, that on which depends the existence of a con- stituted State, can be broken at the p easure of one of thy contracting parties. Their moderation wiil perhaps be vain, but it is of importance that it should be admitted inorder to free their responsibility from the terrible cunsequences which the nocesaities occasione! to the United States by the complications of forcign policy me y have for humanity. The incident of a war with England would be all the more deplorable, as at the prewnt moment a. great military event which would be faneratie to the carve of the North might lead, more rapidly tin is Le'ievel in Burcpe, to the re-establishment of the Union. Tt must not be forgotten that the United States are in one of chose Tevolutionary fits wien the moral effect is all powerful, when an accident suitices to chango the course of ideas and of facts. If the North had its revenge for the defeat at Bull's run. if time bo not given to the gov- A ernment of the Southern conf tw take root in the minds of the inoffensive masses, if, after having broken the material force on which’it rests for support, or having d.sturbed it in the opinion o. men of order by offering esrious guarantees in their interesiy it is possible that the secessionist edifice nay fall to piec: os like one of those frail constructions which American genius pieases itself with raising ina sinle d porhaps, at the moment when sn offe point of being struck that the Americans will besurprised by the fatal diversion of a foreign war. We know, in fact, that the capital of the Uniou is nothing now but a vast camp, and that military preparations are becowe the only thought of the Northern States. Aftor their first 3 the Americans have come to un! great wor is not organized like a President's alect ‘Americans share this ebaractorof the Sngiish rac ally so slow in preparation; the issue wili show whether they have also inherited British perseverance. Otherwise, froin the manner in which it is raised and orga. its composition and jis spirit, the present the United States resembles nothing known'to Burope. the democratic and mereantilo spirit, by a curious phenome- non, has produced combinations which, in our eyes, be- Jong to tho foudal times aud the old regime. Wesee there, asin theold mil.tary organization of France companies formed for the occasion and a species of colonels-propria- tors. To introduce discipline they have had to struggle against the influence of the manners and habits of the United States, against the system of the election of officers by the volunteors, and against the jealous autho- rity f Governors of States intoriering between the troops and the central government. It i, indeed, a strange army,of which it cannot be said whether it be an army of morconaries, or a national army, or an army of volunteers. They are mercenaries, as the Southerners as they take to the profession of pay. But, ries, as they are not foreigners? The soldiers whom the Union bas gut to- gether by hundreds of thousands represent, quite as well as an army of conscripts, all the classes which compose the nation and reflect its spirit. True, they count in their ranks 60,000 or 60,000 Europeans; and this is ony a fair proportion accorded to the immigrants, who, estab- lished for some time in the United States, already make part of the nation, and begin to play am {important part inall its affairs. ‘Ihe American soldier has the imexpe- rience and the impatience under discipline that charac- terize the yoiunt but he has less enthusiasm than the latter, He is said, hoy T, to be intelligent and inured to fatigue. These are ith which Gen. MeClelian, with the aid of the officers and soldiers of the old regulars, trained in the prairies, composes an army which may become formidable, and which seems destined to exercise on the destinies of the reconstituted United jill hidden in the mys- re terious uncertainty of the future [From the Paris Seicle, Jan. 1.] ‘We do not flatter ourselves with the hope that 1862 will bring us the solution of the Amorican crisis. Unionists and separatists, federals and Confedorates, abolition’ and partisans of slavery, at the commencement of a straggle which has given rise to all these barbarous ne. ologisms, cannot all at once lay down their arms. But what will war effect? Why make the gulf between them wider and wider? Is areturn to peaceful discussion pos- sible? Are the-respective pretensions of the North and of the South of such a nature that they cavnot be brnefl- cially examined by the eminent men of the diferent States or by impartial mediators? — Mediation, which certain journals have rejected as visionary we still rogard as the sole means, not only putting an end to the internal discords of the great American republi:. but also of preventing « war between England and the United States, which num- ber among their citizens 80 many of her sons, We are aware that at London and Washington, at Liverpool and New York, the act of violence committed in the Bahama Channel has caused an effervescence which has not yet subsided. Preparations are being made on both sides, und warlike defiances exchanged: but all the journals agree, in spite of tho despatches received, in considering as premature the non porsumu; of the American govern- ment. Accurate calculations show that the last commu- nications of the British government could not reach Washington till the 23d ult. We therefore still hope for a peace ismue, and redouble our efforts to promote a ‘riondly settlement of this gravo difference, which French dey has judged with swch calmnces and dignity. ee New Year at the Tuileries. NAPOLEON'S DIPLOMATIC OFFICIAL RECEPTION. too London Times, Jan. 3.) ‘The usual leveo was held at the Tuileries on New Your's day with the customary ceremonial and the same pomp. The order of the reception was, however, somewhai de Funs parallel to the Seine. ‘The ‘great, bodics of the State”’ entered by the central pavilion, known as the Pa- vilion de l’Horloge, and were introduced to the presence Salon d’Apolio, At eleven o'clock tho of the imperial family, the grand offic the grand mistress of the Empress’ housebol ness of the Prince rial, the officers ed to the household of their Majesties and the imperial family, the almoners and chaplains of the Emperor, the clergy of St. Denis, the cardinals, ministers, x and admirals, the Grand Chancellor of the Legion of Ho- nor, and the Governor of the Invalides. ‘At midday their Majesties attended mass in the chapet of the Tuileries. At one o’clock the Emperor, seated on the throne, with his Imperial Highness Prince Napoloon on bis right, and on his left his Imperial Highness Prince Louis Lucien Bonaparte, received in the throne room the members of the diplomatic body, the deputation of the Knights Grand Cross of the Legion of Honor, the mem- bers of the Senate, Legislative Corps and Council of State; the deputation of ‘the Grand Officers of the Legion of Honor, and the civil authorities who are admitted to pay their respects on these occasions. Tho following address from the diplomatic body was read by Count Kisseletf, the Russian Ambassador, a8 senior Ambassador present:— Sinz—Tho members of the diplomatic body here as- sembled have the honor to offer Lo in Majesty, through me, the expression of their respectful homage on the os- casion of the new = The diplomatic body, sire, are always happy to be enabled to repeat their wishes for your Majesty’s happi- ness, and that of your august family. ‘The Emperor replied as follows:— I thank the diplomatic body for its kind wishes. The year which hag just passed away has been marked by commotions in many points and by calamities to royal families, I hope that the new year will be more fa- vorable to kings and to peoples. His Excellency the President of the Senate addressed bis Majesty as follows:— Sime—The Senate offers to your Majesty its eager homage. After a period of ten years happily passed, 1862 opens a new era; may it ald to the prosperity of France, to the isfaction of tho Emperor and to the tness of the empire. Such are the ar‘lent wishes of ss Senate, the firm devotion of which is known to your Majesty’, and which in its good wishes of happiness does not separate the Emporor from the Empress and the Prince Imperial. ‘The Empozor replied:— It is always with pleasure that I receive from the ‘Senate the assurances of devotion of which you are the mouthpiece, and I count upon it to a:sist me in perfect- ing the constitution, at the same timo maintaining intact the fundamental bases upon which it rests. His Excellency the President of the legislative body spoke as follows:— Sire—In the name of the legislative body I come to press to the Emperor the expression of its sincere devo- ton and its prayers for the prolongation of your life. It ‘expresses the samo prayers for_her Majesty the Empress and for the Prince Imperial. The legislative body knows that the welfareof France is intimutely connected with that of the imperial family. ‘The Emporor replied:— I feel deeply what you have just expressed. The logis- lative body will, I trust, see in the modifications which I have introduced’ into the constitution a new proof of my confidence in its intelligence and patriotism. The Archbishop of Paris complimented bis Majesty in the name of the clergy. ‘The Emperor replied as follows:— lam always much moved by the prayers which you address to Heaven for the Empress, for my son, and for me. The french clergy, so eminent by its piety and virtues, who know that they must render unto God that which is God’s,and to Cusar that which is Cwsar's, may count, you may assure them, upon my protection and my lively sympathy. {Paris (Jan. 1—Evening) correspondence of London Post.] ‘he Emperor did not enter into conversation with any member of the corps. The tollowing explanation of the absence of Lord Cow- ley is current. Igive it you for what it is worth:—It is said that Lord Cowley, being in mourning, applied to the Master of the Household to know whether he might ap- pear at Court (where the mourning is suspended for to- day) with the emblems of our national sorrow. The functionary, however, having poinied eut to him that the Court mourning was suspended, his lordship decided not toappear. As Ihave said above,! give this merely for Min ad it 4 worth, and am myself strongly inclined to dis- vo it. varis (Jan. 3) correspondence of London News.’ user iGonpeaee the few words pronounced tthe Emperor at the New Year’s receptions must be con- ‘sidered as more than formal. When he tells the Arch- bishop of Paris that the clergy knows the difference be- tween what belongs to God and what to Cvesar, it is diffl- cult to avoid the inference that Casar is thinking of’as- sorting ies which the priests would not admit if they bad apy choice in the matter. This interpretation com- cides with rumors that @ serious attempt is about to be male to settle terms for the evacuation of Rome. In the assurance to the Senate “that the Emperor re- lies upon thoir aid to ameliorate tho constitution,” we bave the im vortant admission that the late reforms are not tinal. The Patrie, commenting upon this passage, is emboldened, votwithstanding the recent sn i headed “The Constitutional Empire.” also notices that the above words are interpreted as andi oximate ‘‘coronation of the edi- faith in h a consummation is not rubvst; Dut it is quite | et as I have more than once observed jately, that the Emperor has a lurking tendency towards liberal measures, which are for the present re- sisted by lis official councillors. Tho ion Neo . with republican sternness, objects to the reproach con- veyed to the clergy as not being sufficiently direct, being veiled in the form of an assertion of the thing that 1s not, “for it is potorious that oar lords the bishops and arch- bishops do every day violate the precspt of the Boy which the Fmperor cites, by obstinately claiming for Vope what bolongs to Victor Emauuel.’” The following piece of semi-ofticial eloquence in the Pays describes in a florid way the fact, which I gladly ad- mit, that there was no harm in any of the Emperor's short speeches, and, on the conirary, some promise of good:—The Emperor has spoken. Four times over he condescended to yg to the homage and good wishes of the ambussators of Europe and the representatives of Four times over his word was a word of peace 4 conciliation between kinys and their peoples; be- reon the conservative and progressive elements of motern societies: between the sentiment of dynastic fidelity and that of national aspirations; and, dually, be- tween Church aud State. Archbishop Hughes, Napoleon and the Prince Imperial. (Paris (Jan. 1) corresponuence of London Star.) The most intens» exciterngnt still reigns here respect- ing che American question. and every ridiculous inven- tion of some Paris jourialist is eagerly swallowed and firinly deieved tll’ it is discoveret wo bea pure inven- tion.” All kinds of rnmors are rife about conversations at the Tuileries, and the real sentiments that wace therein expressed by Napoleon. The cordial recepiiom of Arch- biden Hughes by the Emperor is not without its weight om certain minds, more espscially since it has becn,Jcarned the Imperial boy’? was brought in to get the Irish prelate’s blessing. Rebel Hoax on an American Consul. [From Galignani': Meseenger, Jun. A Frankfort letter states that Mr. Murphy, can Consul in that city, reeently reccived a letter, appa- rently from the two ‘burgumasters, informing him that his as the Gormanic Confederation phy, suspecting some trick, seut the document to the burgomasters, who at once declared that their signa- tures had been rather cleverly imitated. The English nes for Mason and ry [Translated from the London correspondence of tho Inde. pendance Belge, of Jan. 2, for the New Yore HERarD.) The new year has begun wiih gd news. The despatches brought by the Africa are of a nature to awaken serious hopes that the government of Washingtom wiil listen to the voice of justice, wisdom and reason. The despatches { which | speak are more official than those published by our journals, . Tn thorefore ablifto give you some new and authen tic information concerning the course of conduct whieh Lord Lyons has been instructed to pursue. Hix insirue- tions enjoin on him not to send in his ultimatum until three days a oy shalt have received it. at these three days “he is to see Mr. Lincoln aud bis Ministers, and to endeavor to make plain to them the motives which have caused the demand of Messrs. Mason and Slidell; t+ prepare them for the tenor of the ultimatum iteolf, and to bring to their notice the consequences of '& refusal. If these preliminary counsels are not regadet, he will seud in his ultimatum, after three fall Ce rhe , he those I have referred to, and he add that guerre had in-truete him to demand his parporis sco » a O.-4 thetranemission of the ultimatum, if demands specified be not complied with. Ag ircumstance hitherto unknown to the public ‘will operate strongly in our favor at Washington. It is now known that in the month of June last the French govern- Southern States. Mi. ment propoerd to ure to recegniee the Fould himself was made the to Rendon of this policy, which was repelled by the British Cabinet It is to be presumed that before coming to « flaal de. tormination, Mr. Lincoln will submit the question t» the law officers of the government. It is almost certain (hat the decision of the lawyers will beim our favor. 1 ro- peat, that everything leads to the bope that peace will prevail, if the gov of Washington ts inspired by the counsels of justice and wisdom, and wot by the Tame Sn tho oad inst the firmness and modera- tion of Lord Palmerston will bave caused the triumph of peace, and that it was wrong fo acouse him of beng pre- cipitate. sia Letter from the Prin Autograph Gecnn ee of Osnonxe, Dec. 28, 1861. Gewrtamen—Prostrated with overwhelming grief, and able, at present, to turn her thoughts but be eee the Queen, my has constantly in ‘auxious desire of doing honor to the memory of him whose good ean character the whole nation, ia its sorrow, 80 justly appreciates. Actuated by this constantly recurring with, the Queen has commanded me to recall to your recollection that Majesty had been pleased to assent to a proposal to 1 a statue of herself upon the memorial of the Groat bs Eig