The New York Herald Newspaper, February 16, 1862, Page 2

a. + ARRIVAL OF THE ASIA. ONE DAY LATER FROM EUROPE. Engiand and France Determined to Enforee Their Neutrality. IMPORTANT CIRCULAR FROM EARL RUSSELL. Belligerent Vessels Excluded from British Ports. The Privateer Nashville Afraid of the Tuscarora and Refuses to Leave Southampton, Manchester Prociaims Against Intervention in America. THE SUMTER IN THE MEDITERRANEAN. Spain Repudiates an Austrian King for Mexico. Austrian Denuneiation of Napoleon’s Designs in Mexieo and Italy, Bo, &e., ae. ‘The Cunard mail steamship Asia, Captain Lott, which Gailed from Liverpool at half-past nine A. M. on the 1st, and from Queenstown on tho 2: instant, arrived hore at half-past four o'clock yesterday morning, bringing mails, passengers and cirgo. ‘The news of tho Asia is one day later than tho tele- Graphic report of the Toutonia, off Cape Race, published im the Huearo last Thursday morning. ‘The protracted inquiry into the state of mind of Mr. W. ¥. Windhain had at longin terminated, with a verdict that he is of sound mind and capabio of taking care of himself and his affairs. The ve: 2 court with great cheering, and gave genera! ‘The inquiry extended over thirty-four cays, and no fewor ghanone hundred and forty witnesses were examined. ‘The bill of costs is supposed to be somthing frightful. , Tho projected British North American Association nad ‘een duly organized at a public meeting in London. The Association seeks to become the exponent of colonial in- terests and opinion in England. Many iniluential men had joined it. ‘The new ministry in Holland was formod as follows:— Minister of Interior, M. Thorbecke; Foreign Affairs, M. ‘Stratenus; Vinance, M. Bata; War, M. Blanken; Colonies, M. Uplenbek. The French company formed for establishing reg steam communication between France and the West and New York are under contract to provide eleven steamers for the service. A despatch from London of the Ist February says:— Twenty cight miners have been focated in Styria, owing toa hut at the mouth of the pit taking fre, tho smoke from which was drawn down the workings. The Loudon correspondent of the vast (Ireland) News Leder, ina letter of the 3ist ult “i Mr. Russell, the special corr dent of the London Times at Washfhgton, isin such « state of health as to prevent him from continuing to discharge bis important duties as representative of Printing House Square at the bi oe army of the Potomac.’’ Mr. Woods, the historian the Great Eastern, to whose pen we also owe the mag nificent description of the Agememuon in a storm with the Atlantic cable on board, and whose account of the Great fight between Heenan and Tom Sayors for the clam- Pion’s beit will toug be remembered, <iéclines to take the place of Mr. Russell, on the ground (Lat he has already Seen quite enough of foreign service. In this dilommi, the duties of ‘‘our own correspondent” will probably de- volve upon some person at Washington connected wit sae ae s' ted with It appears from the oi!'cial account of the expenses of Ped Spanish war in Africa, which has just been m that the total exponses from the Ist of November, 1859, to the end of 1560, were 236,000,000 reais. The value of Provisions and stores on hand was 24,000,000 reais, leaving 212,000,000 reals as the net cost. The ration of each soldior costs 3rls. 30c. The daily forage for each borse and mule Sris. 4c. The treatment of each pattent to hospital costs Tris, 39c. Forty-six steam transports consumed 42,000 tops of coal, beingat the rate of four anda half tons per diem for each steamer. The cost of the shoes and clothing expended has been made good, Since the war, by the difierent corps of thearmy. 20,732 cartricgos for cannon were ex) ended, costing each 43rls. 87c.; also 6,333,200 musket cartridges, costing each 360. The total number of deaths in the army, according to tho official returns was 7,020. On the 30th ultimo, fifteen miles north of Ushant, the British mail seamer Tagus, from Lisbon, passed a very suspicious looking eralt—a large screw frigate, ship rig- ged, fuonel abaft the mainmast, with pennant dying. She was hove to under close recfed maintopsails, with steam up. The Tagus showed her colors, butshe declined (0 answer thom. ASt. Potersburg letter in the London Times says:— The winter is unusually sevore in Russia. Almost every day frozen bodies are found on the Neva. Three persous in @ covered sledge from Cronstact, with the driver, were ‘all found on its arrival to be compl having brought the vehicle ou to . Even the stones do not resist @racks aresvisible i: the Alexander monument, covstruct. @4_of rod Finiand granite. ‘The following letter from Rome of the 25th ult. con- tains the particulars of the Pope's late illness — Tho Holy Father has been slightly indiaposed. It was on Wednesday morning last that he felt himse!f unwell. His physicians then persuaded bim to keep his bed. In the afternoon he hada slight fever, caused by a soro, the consequence of orysipelas in the jeg. The fever continued until yesterday, when it abated he was enabled to | his bed. This morning he gave audience as usual to ministers and to other persous. The Pope is seventy of age,and his health requires great care. The sore on his log becomes irritable trom time to time, and fever then ensues. Sevoral of the Paris journals state that a party of Mor. mons have recently come to Paris from London, and pur- chased a building and some ground between Asnieres end Courbevvie. Tho exportation of saitpetre from India, except to ‘British ports, is prohibited. A large gold field bas been discovered in Southern Mabratia. ‘The Etna, whose collision with the ship Cheviot was teported per Jura, reached Liverpool from Holyhead on the day tho Asia sailed, and would forthwith transfer her Passengers and cargo to the steamship Edinburg. It was doubtiul if the Edinburg would get away before Monday, the 34. Water only found its way into the fore compart: ‘Ment of tho Etna, the cargo was therefore not damaged. ‘The Toutonia, which was to have left Southampton on the 29th, only reached that port on the Sist ult., and would sail on the 1st instant. ‘The British steamer Bahiana, for New York, was to leave Queonstown February 3. ‘The Australasian arrived at Liverpool at three o'clock ga the morning of the 1st inst. ‘The steamships Kavgaroo and Bobemias arri ‘Liverpool on the 2d of February. sa; War Vessels Shut Out from British Porte—EKarl Russell's Cércalar om Belligerent‘Exclusion. (From the London Gazette, Jan. 31.) The following ia @ copy of # letter from Karl Russell to ‘she Lords Commissioners of the Admiralty — Fonston Orrick, Jan. 31, 1962. Mr Loaves: — ‘Her Majesty being fully determined to observe the duties of neutrality during the oxisting hostilities between the ‘Crited States and the States calling themselves “the Con federate States of America,’ and being, moreover, re- solved to provent, as far as possible, the use of her Ma. Jesty’s harbors, ports and coasts, and the waters within her Majesty's territorial jurisdiction, in ald of the warlike Purpoves of either belligeret, has commanded me to com. Mmunioate to your loraships, for your guidance, the follow- ing rules, which are to be treated aud enforeel ae hor Majesty's or tor aud directions Bor Maes, 6 ploayed (uiiu Ww command that those such port, roadstead or waters by special leat ing to her'Majesty, either in the United Kit the Channel Islands, or iu any of ber Majesty’s colonies or foreign possessions or dependencies, such Yi be required to depart and to put to sea within twenty- four hours after her entrance into such port, roadstead or waters, except in case of stre: requiring provisions or things nec ence of her crew, or repairs ; in either of which cases the authorities of the port, or of the nearest pdrt (as the case may be), shall require her to put to sea as soon as possible after’ t four hours, without permitting hee to take in supplies, P or waters for & ter her necessar ube same port, roads! not less than twenty-tour hours between the Cham! of ion as might assist the imy ing delibe: Parliameot _ Cas enetanions Ly padlicat NE chester observed great press themselves with friendliness and moderation. Wi a rules shall be pat in force im the United Kingdom and in the Channet Istands on and after Thursday, the 6th day of February next, amd in her Majesty's terriories and posses- sions beyond the seas six days after the day when the Go- vernor or other chief authority of cach of such territories oF possessions respectively shall have notified and pub lished the saine, stating in such notification that tho said rules are to be obeyed by all persons within the same territories and possessions. 1. During the continuance of the present hostilities bo” tween the government of the United States of North Amorioa and the States calling themselves “the Confe- te States of Ameri: or untii Her Majesty shail otherwise order, no ship-of-war or privateer belonging to either of the Lelligerents shall be permitted to enter or remain in the port of Nas:au, or in any other port, roadsiead, or waters of the Bahama Islands, except by special leave of the Lieutenant Governor of the Bahama Islands, or in case of stress of weather. If any such vessel should enter any , OF un der stress of weather, tho authorities of the place shall require hor to put 10 sea as 600 as possible, without per- mitting hor to take ia avy supplies beyond what may be necessary for her immediate use. If at the time when this order is first notified in the Pahama Islands there shall be any such vessel already within any port, roudstead or watersof those islands, the Lieutenant Governor shall give notice to such vessel to dopart, and shall require her to put to sea within such time as he shall, under the circumstances, consider pro- per and reasonable. If there shall then be ships-of-war or privateers belonging to both the said beiligerents within the territorial jurisdiction of her Majesty in or near the same port, roadstead or waters, the Lieutenant Governor shalll fix the order of time in which such vessels shall depart. No such vessel of either belligerent shall bs permitted pulto sea wilil afler the expiration of at least twenty-four howrs from the time when the last preceding vessel Of the other belligerent (whether the same shall be a ship-of. war, or privateer, or merchant ship) which shall have left the same port, roaditead or waters, or waters adjacent thereto, shall have passed boyond the territorial jurisdiction of her Majesty. 2. During the continuance of the present hostilities between the government of the United States of North America and the States calling themselves “the Confede- rate States of America,” alt ships-of-war and privateers of either belligerent are prohibited from making use of any port or roadstead inthe United Kingdom of Great Britain Gnd Ireland, or in the Channel dslands, or in any of her Majesty's colonies or foreign possessions or dependencies, or of any waters subject to the territorial jurisdiction of the British Crown, as a station or place of Fesort for any war- like purposes, or for the purpose of ottaining any facilities of warlike equipment; aud no ship-of-war or privateer of either belligerent shail hereafter be permitted to sail out of or leave any port, roadsteud or waters subject to British jerisdiction, from which any vessel «f the other beliigerent (whether the same shall be a ship-ol-war, a privateer or @ merchant ship) shall have previously 'de- parted, until after the expiration of at least twenty-four hocrs from the departure of such last mentioned vessel beyond t territorial jurisdiction of her Majesty. ny ship-of-war or privateer of either belliger- 3. 1 ent shall, after the time when this order: shall be first notiied and put in foree in the United Kingdom and in the Channel Islands, and in the several colonies and foreigi possessions and dependencies of her Majesty, re- ly, enter any port, roadstead or waters belong- om. or in sel shall of weather, or of her sary for the subaist- @ expiration of such period of twenty- ud what may be necessary for her immediate and no such vessel, which may have allowed to remain within British waters for the pur- of repair shall continue in any su id longer period than t led, nevertlieless, that in all cases in whi be any vessels (Whether ships-of-war, privateers merchaut ships) of both the said belligorent parties in dstead or waters within the territorial risdiction of her Majesty, there shall be an in t ‘oirom of any stich vessel (whether a ship-ol-war, a ivateer or a morchs ip) Of the one belligerent aud he subsequent departur or privateer of the other belli by limited for the departur privateers respectively shall always, in case of necessity, bo extended so far as may be requisite for giving efiect nhot be reasonably an. t opinion was echoed at Manchester. Time, at any rate, must elapee before the South can so far rocowr itelf from this destructive contest as to resume ils old tndusirad pursues, while obligations of a new and bur- densome chavac'e” must inevitably oppress the en-rgics of The old state of things, in fact, is past restora- fon, and nobody cam yet dimne what the naw state will tring forth The true remody for impending difficulties as Mr. Potter remarked, musi be sought in India, Iudia 1 to do what is expected, it is above all things ne- cessary that her own government and finances should be India must pay her way, and pay it even by import duties, in dofauit ol better moans, but if once she can secure the advantage of growing cotton for Lancashire she will be under no inducement either to tax our fabrics or manufacture such articles for herself. wisely administered. The Koebel Agents in France and Pans, Feb. 2, 1862, ‘The Independance Belge asserts that the Southern Com- ‘missionors have informed the English government that, in return for the recognition of the Southern confederacy, they would establish most absolute free trade for fiity yours, abolish the external slave traffic and emancipate ail the blacks born after the recognition. These offers, however, will not detormine Lord Palmerston to abandon the of rality. POT See: Lonoon, Feb. 2, 1862. ‘Tho proposition of Mr. Gregory for the recognition «f the South will be discussed soon after the opening of Par- An interesting and excited dobate and re,ec- tion of the proposal are expected. The Blockade of the Nashville. ‘THE REBEL CAPTAIN AFRAID OF THE TUSCARORA—BE APPEALS TO ENGLAND FOR SHEL’ {London (Inn, 20) correspondence of 2. ‘When the Tuscarora left Southampton , notice, I under- sland, was given to tho Nashville to quit within the twon- Pegram pepearevreninied row, for that he expected tho would show him no mercy, and would, in all probability,send both ship and men to the bottom, some extension of timo has been granted from conai- derations of humanity, Still, the nuisance of baving to two enemies’ ships, lest they should convert the Solent intoa battle field, and pou! each other to pieces within hail of the yacht club pg pe our rr and Spain, in issuing a proclamation to forbid the ships of either belligerents from more twenty-four hours in any British port. Such a proclamation, if 1am rightly informed, may be looked for in the first gazotte. = It was rumored that the Tuscarora had gone to the Meditorranean. THE NASHV.LLE ABOUT TO LEAVE SOUTHAMPTON. (Southampton (Jan. 30) an of the Manchester All debts incurred by the Confederate steamer Nash- ville have been suddenly discharged. She has caused £6,000 to be spent in the town. When the Delta, which arrived here a day or two ith the Indian mail, was on her passage home, and just passed the Sumter, she met a very fine American federal) proceeding right into the jaws, as it were, of the ‘The commander of the Deita might have warned the federal of her danger, but, fearing it might be con- strued into a breach of neutrality, he abstained from do- ing so. Ina very short time the federal ship was cap- tured by the Confederate, and burnt to the water's edge. ‘TER, ETC. the Manchester ty-four hours. But Captain that obedionce would involt only to his ship, but to his: Tuscarora: keep a frigate Letter from Admiral Bruce, R. N., Commander Craven, U. 8. {From the London Star, Jan. 31.) We published on Saturday last a contradiction to the statement made by the Army and Navy Gazelle to the effect that the federal steamer Tuscarora had anchored off Osborne, and had been ordered,to remove by the ad- miral in command of the station. Commander Craven addre-sed a letter on the subject to Chief at Portsmouth, and received the ‘tn Harvor, Jan. 23, 1862. Thave the honor to acknowledge the receipt of your letter of the 22d inst., calling my attention to a paragraph ‘extracted, as it appears, from the Army and Navy Gazette, pposed fact of the United States steamship-of-war Tuscarora, under your command, having anchored off Osborne. In reply, I beg to inform you that on Thuradsy last, the 16th inst., tho sigualman on duty a tho dockyard Semaphore reported that the Tuscarora had anchored off Osborne. of H. M.S. Victory, to proceed in one of the steam tenders te with you, and, with my compliments, to request that you would be so good as to move the ship to Captain Coote, however, had scarcely got outside the harbor when’ he discovered that the report of the signaiman was a mistake ; that in fact, had not anchored off Osborne, put that the ship supposed to have been hor was hor Ma- Itrvst that this explanation will remove from your mind avy feeling of annoyance you y have expericnced from Uy referred to above fusion. ‘The North: tion of the surtac and increasing population, an extensive trade and a considerable quantity of hig But the government of the United States is not like the We now learn that following satisfactory rep!: Victory, PoxtsMor commenting on th I, therefore, directed some other anchorage. jesty’s ship Vigilant. ublication of the para- ot myself point out to to this proviso, but not further or otherwise. 4. No ship of war or privateer of either bellige: hereafter be permitted, while 1m any port, roadstead or waters subject to the territorial jurisdiction of ber Ma- jesty, 10 lake in any supplies, except provisions and such other things as may be requisite for the sulsistence of her crew; and excep! 20 much coal only as may be sufficient to carry such vessel to the mearert port of her own country, or to soma nearer de-tin’ and wo coal shall be again ou plied to any such ship-of war or privateer, in the ame or anyother port, roadstead or waters subject to the territorial jurisdiction of her Majesty, without special per- mission, untibafter the expiration of Urree months from the time when such coal may have been last supplied to her Within British waters as aforesaid. I have, &c., RUSSELL. z.—A similar letter has been addivssed to the of Stato for the Home, Colouial, War and India Departments, and to the Lords Couun'ssioners of her Majesty's Treasury. France Enforces Her Neutrality Rule. A despatch from London of the 1st of February say The Shipping Gazette says tliere is little doubt that the French government will follow our example in imposing suill more stringent obligations of neutrality on French subjects in reference to the American belligerents. Con federates and federals will be thus compelled to keep the h ports as still remain open to them on the American scaboard. The tendency of the euforce- mept of such neutrality is ¢ertainly towards restricting the maritime operations of both parties, aud is se {ar a pro- tection to maritime commerce. No Intervention in American Affairs. [From Gore’s Liverpool Commercial Advertiser, Jan. 30.) As matters now‘stand we are relieved from the neces- sity, which otherwise would have been imposed upon us, of showing (he utter folly of relying wpm European inter- vention in the affairs of Ameria as the only means of ob- ‘aining cotton for the mills of Lancashire. When the Em- reror of the French says “No imlervention,” and the Eng- press says “No tnterventicn,” it is, or ought tobe, enough to satisfy ‘he most sangwine, the most credulous, or tha most unveasonable, that there really will be no interven tion. It is now manifeat—and it is quite time that this should bej clearly understood in Lancashire—that the policy of England and France in reference to the civil war in America is based upon the rights, and not upon the interests, of gations. England declares that, though her operatives are starving, she will find other means of feeding them than by violating the sanctity of mterna- w. France declares tbat, though civil war desolates America bas seriously compromised her commercial interests, she will not om that account aban- dow her policy of neutrality. Both uations are evidently guided by one policy. It ins then for the ro | ee vty y at Washin; ton to determine whether the bieckade of the cotton por is to be mamtained or not. To maintain it, all they have to do is to respect the right of newtrals, and to rve it in a state of the utmost possible efficiency. ‘ho can donbt that they will do so, knowing, as they must know, that the adoption of any other course would reuder the recon- struction of the Uuion forever impossible. [From the London Times, Feb. 1.) The Manchester Chamber of Commerce has just been convened for such an expression of opinion as ‘the pre- sent conjuncture undoubtedly demands. We published yesterday a full report of the proceedings at the confer- ‘ence, and it will not be denied that the views there taken of current affairs wore highly practical, and, upon the whole, as disinlerested as it would be rea- sonable to expect from so deeply interested an atsembly. The commercial policy of Lancashire resolves itself into two leading doctrines. Phe of tho wish & re- caive cotton from other ‘ries, and to send other cotton goods. These views, of course, tend to concentrate attention just now upon ‘America and India.’ America has ceased to supply cotton, and m a great degree to take our cotton manufactures. India is export: in unusual quantities, but she i: import duties on our cotton which is exceedingly obnoxious Briefly, the Chamber wow * In touohing on the affeirs of America the: ‘ersat Man- Ae tee f forboaranee, and Intended to ee bt, however, whether the sentiments to which they ave utterance will prove very acceptable either to the federalists themselves, oF to their admirers in this coun. try. The war was characterized as hopeless, and, though the meeting was unanimous in reprobai intervention’ in the usual acceptation of the word ry desife was expressed that the contest might be torminated by the interposition of some advice, good offices or mediation. Mr Bazley hoped that the judicions suggestions of the Britis and French governments might have the effect of mitigating existing animoeities, and bringing about the reopening of the ports. Mr. Potter thought that if the Manchester Chamber of Comm address the Now York Chamber with an appeal against the prolongs. tion of “thig useler@ misery,’ the result might be profita- ble: bat on all sides it appeared to be felt that the war y ing themselves, ns to the whole civilized world, Tt was oven intimated by @ Manchester speaker before a Manchester audience that the model repnbile, Dosides being diseaved and demoralized throughout by slavery, had been ad- min'stered on a system which led to an unsound state not only of finance but of morals too. ‘Aftor all, however, the practical question is, not whether the American struggle can be tormivated by intion from without, but whether even tho conch jon of tha war will enable the Scucherm States t ply yrs with colton as beforte We Wave aiready expressed gy ph, or to the edit , tho cirenmstanc paper in which it appear probably led to his being misinformed as to the my ip, because her Majesty’s offi gin the newspapers bearing g in the public service, and I never have any communication with the public print: ments of your forbidden to pr On questions at Vice Admiral, Commander in-Chief. Commander T. A. Cravex, United States steamshis Tis- Sumter fn the Mediterranean, The Paris correspondent of the London Herald says— Marseilles state that the utmost conster- nation prevails,among the American shipmasters iu that harbor ever singe the presence of the Sumter in tho Mo- has I hear that an at- tempt has been made to induee the French government to grant @convoy, and that the Ames ve written to the captain of the Tuscarora, request- hip to the Medite Marin, Feb. 2, 1862. been ascertained. nm Consul is said ing him to take hit The Sumter is still at Gibraltar. THE SUMTER ORDERED FROM GIBRALTAR. {From the London Times, Feb. 1.1 in charge of Mr. U. ‘euched Southampton lar and Oriental Com- pany’s screw steamer Pera, Captain T. Jamieson, which arrived in dock at hailf-past two P. M. ‘The Confederate steamer Sumter was at Gibraltar when ‘There are no accounts of the naval combat in the Medi- terrancan between two ships, of which the Sumter was supposed to be one. The vessel desiro; ter, in the interval between ber leaving first arrival at Gibraltar, was the American bark Nea- politan, Captain Burdett, with frait for Boston, consigned to the agent of Baring Brothers. She was burnt about ‘eighteen miles to the eastward of the ruck; and the mas- iu numbor) taken to Gibraltar by the Americaa bark Investizator, which arrived there on the 19th. The Investigator was laden with copper for Newport, the cargo being owned in England, and was released by the captain of the Sumter on her captain giving a bond for $15,000. A despatch of the 17th ult., from Ca:iz, states that on the order W put to sea being communicated to the cap- tain of tho Sumter, he replied that it was materially im- possible to obey for want of water and coal, and of money, whieb be was expecting from one moment to another, to purchase these two articles. The Military Governor of the fortress, not allowing the nied ‘him sia hours to provide and to quit the port. The March of British Troops Th: jh 2 Maine. sii EXPECTED DANGERS OF MR. SEWARD’S PROPOSITION. (Londo (Jan. 80) bar oe a of the Manchester uar While on American matters I may say that no official communication has yet been received here of the alleged offer of Mr. Seward to allow the English reinforcements for Canada to Jand at Portland, and tination by the Grand Trunk li ie understand that our Foreign Office authorities do not be- To not suppose it would be accepted. not we Not only are there considerations which might stand in the way of acceptance; but more | le reasons would not be wanting. and strong Canadian experience of the of the temptayons to desertion held agents or ‘crimps inthe frontier validity of theee reasons, himself with what he If it bave been, of national dignity out by the United just now these tempta' enormous!y . 1 dare say privates would be jured, not only by the largely increased pay of the American line, but by of immediave promotion to non-commissioned rank; t is conceivable that non-commissioned officers might be sorely tempted with the more ittoring bait of sub- altern’s or captain's epaulettes. fere war in e848, the temptetion would be Topbed of fauelt ut as matters stand it might tell bravely. This of itself is a very solid ground position as is said—without any reliable au- 1 can discover—to bave been made by Mr. F Not listening to The “Stone Blockade” and its Cost. ENGLAND'S LATEST GRIEVANCE FROM AMERICA. (From the London Times’ city article, Jan. 31. The statement of Mr. Soward, implying that the United States government will hold themaoires have subjugated the confederates to restore such harbors OF open up better ones, has added con. niet of holders of the federal bonds, infinite addition to t ond after they as they may des| since it makes a furt Frospec Of the ultimate amount of debt. Mr. Seward, in approved engineering phrascology, observes that all such- things will be ‘‘a mero matter of expense,” but this does not Porplexed as to the means by which tho necessary funds are to beacquired. It is be lieved that even if tho war could be wound up at this moment the debt of America comfort those who are hy amounts to tho South aw es could be rostored to a \ rato of intorest that must be paid an ennual charge on revenue equal to more than heif (he provide for the national : Should the war continue for one or two years at ils present cateul riod on by the issue of sinblished would most {of the whole debt of England, and if to the ordiner; ngeneies hitherto estimated the cost of undoing 81 barbarous and enormously expensive oporations as those just witnessed at Charleston is to be added, all attempts to form conjectures on the subect would be wild esaortial to remember, in every ealeniation that m now be tnade on American faance, thot the Nocther lay roprogents only a norton of thr HE tie Qonlederatyg Sua d yy yan robably be mor wag (hoy oqo reoly be 80 crushed as to be forced back into the Union ‘under the condition that the Union shail be liable for tho debts of the North, and not for those of the South; and, on the other hand, supposing the Con- foderates able to eetublish their independence, the North Will bo left to sustain the whole of io owe babdane wich reduction Pulalon an ri a things, coupled. with tho fact that about one- ‘country is already in the depth of re- P i tho temptation of escap! even of amounts which, in comparison with t with which we aro now’ to be made familiar, are utterly in: ignificant, it i@ evident that thoge who continue to hold Uniled States socks must do so in the conviction that tho time is approaching when somo sudden popular ca- prico will terminate the whole struggle, and when the pobic aud the army, having falsified ‘every assertion they have aitherts put forth, will proclaim that they have again dazzed the world with a wholly unexpected triumph. With regard to tho stocks of individual States the prospect is far less hazardous. ‘There’ has as yet been no dispesition by any of them to enter into ruinous oommit- ments for the national cause, and it is quite probable that they night maintala theis individual faith, even if the worst happen in the case of the federal obligations. Some of them, indeed, have shown particular acuteness in avoiding burdens to which they were in perilof being exposed; the Governor of New York, for instance, having just ‘recommended that the property tax to bo loviod on that State next autumn should be met by sotting against it a nearly equal claim of the State for the equipment of its volunteers. In re- lation to othor securities, such as those based on rail- ways, mines, &c., not immediately on tne scene of war, there is, perhaps, little ground for apprehension. They need not suffer materially from the depreciation of the currency, since they can raise their charges to provide for it; and as, whenever tho day of pacification arrives. it will find thom not seriously harmed, and a wonderful burst of vigor for a new developement of the national woalth may then be expected, there is no reason why holders should regard them with mueh more fear than in ordinary times. British Speculations om Our National Debt—Specch of an English Member of Parliament Against Intervention, é&. Tho London Zimes remar! It is essential to remem- ber, in evory calculation that may now be made on Ame- ricau financo, that the Northern outlay represents only a portion of the whole. If the Confederates should be vanquished they can scarcely be so crushed as to be forced back into the Union, under the condition that the Union shall be liable for the debts of the North and not for those of the South; and,on the other hand, suppos- the Confederates able to establish their independence, rd North will be left to sustain the whole of its own Sandon: with a heavy reduction of population and tor- ritory. ‘The position of the stocks of individual States is far Jess hazardous than that of United States etocks. In re- lation to other securities, such as those based on rail- ‘ways, mines, &c., not immediately on the scene of war, there’ is perhaps little ground for apprehension. Mr. Barnes, member of Parliament for Bolton, in ad- dressing his constituents, protested, on commercial and political grounds, against the breaking of the Amorican blockade, and strongly urged that the surest way of per- manently benefitting the cotton trade was to turn every ae towards the devclopement of the resoures of ia. Finances of the American Government. DIRECT TAXATION AND THE FRAUDS OF THE CON- TRACTORS. [From the London Times, Feb. 1.} Wo in England hayo found no difficulty in deciding what has been the political error whieh has plunged the United States into their present lamentable condition. We havo concluded, with a rare unanimity of opinion, that the error lay in the adoption of plans of war and conquest, instead of a peaceful and friendly separation. It is not much more difficult to decide what has been the nature of the miscalculation which, at the end of nine months, has plunged the finances of what was apparently @ powerful and wealthy State into hopeless ruin und con. ‘n States wre spreal over a vast por- of the globe. They have a large hly protected manufactures. government of a Kuropeau monarchy. If France or Eng Jand go to war the whole resources of the nation are at- the disposal of the Emperor or the Pariiamer It never his been so in America. The central government and the individual States have divided the revenue between them. To Congress has fallen as its share the appropri- ation of the proceeds of indirect taxation. Such direct taxation as is levied is appropriated to the governments of individual States, The thing has beeome a custom anda t-adition, and the result is that the government which speaks and acts for the whole of the Americ: people is really arined wath a powery which is oni fa rac: tional part of the whole financial resources of the nation. * f * 4 We hear a good deal said about] imposing which may support a fortho form the basis of frture loans; any heart for the businoss. ent, and Congress as rece ject subservience to the wor: ar of imposing a large amount of ie, the credit of the c Bat wo victin that such direct taxation ‘The beat ncjer in the world can do little unle provided with money or credit, and the American Chaveelior ot equier scoms to be entirely destitute of both. We do not, therefore, der to find him engaging in the oh! iniqaity of tampering with the currency, and, hayizg nothing more vaina- bie to.offer now, seeking to pay his way with w A bill for is pment noves no y changer follows th ta heavy c metallic vatne of their deyreciaied poy. Bat Mr. Chase bas another scheme move creditable to the originality of bis genius thon the old and worthless plau of debasing the currency by the iesue cf paper Moncy, sent forti, not as the representative of the re- sources, but of the wants, of the government. }t would appear that in the Stato of New Yok, and in some other States of the Union, the banks are required to provide themselves with a certain amount of public securities, in order to guarantee to their customers the converti- bility cf their issues into gold. ‘These securities in many cases consist of the obligations of the State, whi regarded—and not ungeasonably—as a better guarantee to tho poblic and @ safer fuvestment for the banks than the obligations, in any form, of the United States government. The bright idea bas occurred to Mr. Chase that his difiiculties will be over if he can only contrive to raise the value in the market of tho United States stock. ‘Ir,'? we may suppose him to» reason, ‘‘the government of the United States were in good credit, its securities would bring a high price. I therefore, 1 can raise (ue prica of its securities, I shall in the same proportion raise the credit of the ‘covern- mont. The securities are low because nobody wants them. Those who have them wish to get rid of them. These whw have them not do not wieh to take them. The only resource is to force somebody to invest in them. We will pass a law requiring tho banks to get ridfof their State securi id take the stocks of the federal government ii arket will be opened for our depreciated funds, our cre: will rise, and the stony-hearted capital: of Envgiand and the Con- tinent will gladly render money to & goven- tment whose stocks quoted at go respecta- ble @ price.” The banks objet, very naturally and very energetically, to this proposal. ‘They tell the government flatly that the State stock is a far better -e- cority to the holders of their notes than the stock of tho foderal government, and they assure them that nothing will be gaived by their manoeuvre, for the banks alreavy hold @ suflicient amount of this stock to supply each other’s necessities, without acting mpon the market at all, The whole affair is a singular proof of the desperate difficulties in which the State is iayolved,and equally desperate means to which it is ready to have recourse ip order to free itself from them. * But Mr. Chase ag another scheme still, equally strange with bis plan for iffparting value aud stability to govern- ment securities. Ho is said to contemplate the formation of new banks of issue—as if America had not too many al- oait of United States stuck to jovernment undertakes to receive this circulation for all dues excepting imposts, and to pay it away to the public creditor whenever he is willing to receive it, which, if he follows the example of the e562 aate supply of cotton, was Spain Repudiates tary expedition to Mexico, noon with the officers of his erstly expeditions to operate at the other end «i th (rian Archdukefor sich a purpose 18, im our op claiming, mand They say, tn expr Powers “interdics Khemselees Jrom any inter State, as contained in their own programme, will not be very often. The object of these schemos seems to ve to make the public funds the basis of the circulation, the rock upom which the contidence of the public is to ree! exactly because nobody has any confidence in them at The notion of artiticially forcing up the value of public curities in the manner we have mentioned is, of course, utterly chimerical. The very attempt, the ignorance of finance which it displays, and the position of utter help- lesaness which it indicates, are quite suflicient to swamp the public credit if it were not already ruined past recall. But the measure is even yet not quite full. Some- thing remains to be said as to the manner in which these funds have been dissipated, and, if we are to believe those who have made it their busi- ness to investigate the question, the annals of job- bing afford nothing lel tothe proceedings of aimost every officer the United States goverument since the ae | of the war. An old stipendiary makes $32,000 by selling @ contract for oxen, upon whic! the purchaser makes 000. Two millions of shoes have been manufactured at a gain to the contractors of Tn one regiment four of a thousand, which cost the government nearly £12,000, were cast, not one of them being worth four pounds. The contracts for Aare stupendous. One contractor in linen pantaloons, straw hats, London and dried herrings for the army, and (hen got “scared and quit.” ‘The very printing of the paper curreney which is ruining the country has beea @ matter of fraud. Mr. Conkling might well say that the country was making a sufficient ibition of itself without contributing anything to the Exhibition in London. The details are indicrias enough: but what a break yp of the whole fabric of society and civilization do they not expose tous! And yot, in the face of all this the contest is to go on,and men antic conflict for a country which th ° their power to make not worth fighting (or or living in. Trva sitting of tho Congress, in reply to M. Minster of Foreign Afiairs gave tho following explana- tirng:—The gov rnment Les laid it down apa principle, and proposes to adopt a: regards Mexico an absolu'e report Tor the independ-nee of that country; the government de tres that the integrity of the t y shall be preserved; it wishes Ue Mexicans to ecteet that goverament which suits their own inclinations. Onr expedition has gone to claiin satis:ace on (or insults that have been committed against us. It has gono to show that we have the power to mal \- solves roevectod; it takes out regenerating prine which civilized armies ae people faa state of archy. If the Moxicang think they stand in neod o firm and strong goveryment, they can obtain it, andAgo shall not off olgtacles. Spain has nothing to do but to show the Mi hor we to s:@ thom manage their ven atuira according ty thelr own rs At Py moyorumgus wil wh devig from xi tion to participate in these sentiments. Looki view, it cannot be surprisi have outstripped Kngland in the zeal and energy of their operations. The Spaniards, menaced for many ® year with the absorption of Cuba into a continental State, wore not unwilling, we may pret Powerful expedition from ‘bat very isthnd against the continent from which they onco expected invasion. They were Vera Cruz without t under the convention, and would probably not have hesi- tated to march upon Mexico if France could have con- sented to sich amonopoly of the enterprise. Sut Fran demonstrat | py oe of Spain, and her contingent of troops eused. ness, and save us the obligation, so much the better, it ja a conventent division of labor this line of policy. The government has not any knowledge of projects which have been spoken of. yw form of government has not hitherto been the subject of any communication between the governments. Should any communication take place the Spanish govern- ment will restrict itself to the policy of not cxerciaing any coercive measures or any direct influence tow: the Mexicans, but leave it to t! ives to manage their government, own affhirs and select their own form of The Cotton Supply. OF THE MANUFACTURERS, ETO. STRICT NEUTRALITY At the annual meeting of the Manchester Chamber of ree the American question, more particularly as it ox dobated at y of strict neutrality on the,part of England was very generally urged by the speaker "A proposition that, the Chamber should open a confor- nce with the Now York Chamber of Commer ith a view to how far the influence of the commercial world cou! Nn ht So base oan, 08 Bas an. end 2, ly strife, was ward, - seen > rought ap THE INVASION OF MEXICO. lexico to Vote ernment, &c. the Spanish Mapaw, Feb. 2, 1862. Don Almonte, Mexican Minister; has arrived at Tricate, and been received by the Maximilian. The Austrian Gazeite mentions the reappointment of the Archduke Maximilian as Commodore of the Austrian Navy, and contradicts the report respecting the scheme to place him on the throne of Mexico, MOVEMENT OF THE FRENCH REINFORCEMENTS. [Paris (Jan. 30) correspondence of the London Tim eS. A letter from Toulon of the 26th inst. observes that the despatch of Marshal Castellane provisionally suspending the embarkation of troops for Mexico remains a mystery, Particularly as despatches were received from Paris Fantoged song commanding the immediate departure ships. pa ‘Tho transport Moselle get up hor steam on the morning of the 26th and sailed for Teneriffe with a cargo of coals. The engineers whoarrived at Toulon on the 26th imme- diately embarked their arms and tools, among which wore some thousand hatchets, pickaxes and shovels, supplied from the Toulon storeliouses. Although the 26th was Sunday ,shiprights were working all day,and were to work all night,in fitting out the screw ship-of-the-line Fontenoy, which was to sail to Oran to embark troops for Mexico, ‘The Canada and Asmodee wore ready for sea, and were only waiting for the arrival of the Chasseurs-a-P' Vera Cruz. ‘The Ninty-ninth of the line, which is to form part of thee expedition to Mexico, is to embat jed which were to be conveyed to at Cherbourg. al de Lorencez, the commander of the supplemen- left Parison Monday after- {f for Cherbourg. The battery of the Ninth regiment of Artillery in garri- son at Vincennes, which received counter orders on Satur day, when the men were about to leave for Cherbourg, proceed on Monday to its destination. REPORTED DIFFERENCE AMONG THE ALLIES. [Parls (Jan. 30) correspondence of London News. Genoral de Lorencoz dined at the Tuileries yesterday, and sat on the Kmpress’s left hand. Although the evening papers continue to report movements of troops destined for embarkation for Mexico with hear a rumor that the departure of te expedition is nded, owing to a hitch in the negotiations with Austria. Difficuls as the story is to believe,I cannot reject the evidence tending to show tha! France and England have contemplated the erection of a throne in Mexico, whereon they meant to put the Archduke Maximilian.’ Ho was not, it is said, to be an emperor or king, but a viceroy, the Ki of Austria asa to Italy indications of 4 overeignty being vested in the Eniperor ssion of Venice ne Most recent ae latter event rds, it is still Alth eak thelr principle of non-ntervention, and Austria with Ivis positively said entertained the ilea of bartering away cand the famous quatrilateral for new dominions ‘outh America. But now, at the last moment, it what i have heard be correct, Austria requires a promise from nce and England to keep up an army of cegupation in years, lus proposition is demurred to, and hence the counter mod to be given to General de Lorencez. IAN OPINION OF POLEON’S DESIGNS, (From the Ost D. ‘ What Napoleon If. is r tous. He wisites to found a throne Lid, to place his Sor generals on it, Napoleon is at liberty to h the blood of his soldiers a kingdom ont of the pire Of Montezuma; Lut to wich fo cmploy om Aus- insult to Austria, rom what bas appeared int we believe there is some foundation for the report, and uch stop h&S boen attempted by France with vt of Vienna, ‘The whole affair, in our opinion, 15 t mancecvre, the aim of which is plain hebanks of the Oregon, in a country weshed cciit, an indemnity ts lo be ofjered for the ritary of lie Mincto and for Uhe Queen of the Adriatic. read of the slopes of the Alps, the Coniilloras are to be trian f.ontier, Instead of the Quadrilateral, she to have the plain of Anahuae and Mexico, its capital, for asea, ports for ports, about 40/000 square miles for 400, ‘eight millions of subjects for scarcely thvee. What amaguilicentexehange, * * * ‘Lhere is ouly cne poiut which to us is ineomp:ehensible. Was it ever seriously believed at the Tuileries that Austria would accept the offer? Or, anticipating a refusal, was it meade wilh a perjidious object? It is the very case for ex- 0 Danas et dona ferentes.”? THE FRENCH BLUE BOOK ON x» 3 (Paris (Jom. 80) correspondence of the London Chronicle.) In the legislative papers about Mexico is a copy of the instructions given tw Admiral Jurien de la Graviere, com- of the naval part of the Krench expedition. + ferme, that the threo intervening affairs of the country, and especial n the will of the populations as to er government.’ ‘This certainly is in has lately been said about the changed The Huke d’Elchingen, Lieutenant of the Chassours Cs xrandson of Marshal Ney, and Prince George co, lieutenant in the staff, son of the former Hospodar of Wallachia, form part of the expeditionary corys to Mexico. ENGLISH OPINION OF THE ALLIED INTERVENTION, z London Times, Jan. 31.} Though the intervention in Mexico may, perhaps, ex- hibit unexpected features ents proceed, it has not yet been attended by any circumstances wilich can ox- cite surprise, or which should occasion any dissatistac- tion in this country. The intervening Powors profess a common object, and aro bound by the terms of # formal conyention toa ceminon line of conduct, but they are Cigerently situated in respert of opportunities and disp tion. ‘Tho government und people of England have tion of jaterference with strong al rr 5 Such expeditions ave extremely un- popular with Pacliament ond (he public. They vost ino- ney, they involve unwelcome, and pomibiy inconvenient, demands on our military establishments, they threaten all kinds of conti perplesities, and are not supposed to prouise any 4 ry return. It may be said that France and Spain under the same conditions, but France and Spain can anticipate compensations frum which we are exeluded, The French are rather grat ited than otherwise with the opportunity of such an expedi- tion. The «uty of occupying any country with a military force fs in their eyes decidedly an agreeable one. They like to use their power, to exert their influence and display their authority in the affairs of Europe. Th considerations have s':ff'cient weight with them to ovor- Dalance ail contingencies of expense or embarrassments, and it bas been seen on more thay one occasion that France actually holds herself aggrieved by what in England would be thought @ fortuna’ emption fram troublesome duty. Spain, again, is at present in a posi. - 8 8 therefore, at the aie tr this point of that Fragce and Spain ne, to conduct a first in the eld. Phey captu and occupied ssistance of their colleagues was in no such mood. Her § expanded in proportion to the been gradually increased {o tho strength of a formidable army. The French will not be content with any secondary position whore they are entitled to Sqvality, and ite perfectly certain that the restoration of Mexico to a condition of order, whenever that ts.ac complished, will not be the work of Spain alone, If these proceedings, howover of our allios noed create no as onishment ,soneither need they occasion diseantent. They relieve us, ct ‘act of duties which we should not bi d, but from which we are glad enough to be ex. If Fran is willing to flud troops for this busi. os alot tha witimal op joullies of the inter. wonticir, but the fivst oljert is to give (fleet to the intervention iif. ‘Wo want to sea the #trong arm of poser applied to these worthless and sanguinary fectpon tyrwhich Mexico is distracted, ond somo fe ~ given for the re-establishment of public safety rad na. tional order. We want Wo see life and property tewdered secure throughons a countryin which dooply interested, and to leagn'that an end he beeu put toan anarchy a) hopeless as over in pieces. Thothree inleroning Powers may ty themectves differing in epinions when the perp roblem of a final setilement emerses for practival sek dem butt 3 reat object at present is to establish soy,o such an # will secnre live, terminate rapin’y and guaran to sufstysfef nm coutiuaal vic length, and a m Austrian King— Own Form of Gov- of Madrid publishes the following semi-official declaration: =~ ” For the second time we have to repeat, in reply toa statement made by the that. government has entered into no $ to place Pa a er oy nor any tru r is Pa ie — ment to found a new monarchy inte aacont Spanish monarchy. The Mexicans are at liberty to own form of government and a head for State smalls aceapent and the cnednes of Sietn sala to see that such new government out gh gh dalaamas which exist between Mexico and the enact- Bold, oF young gir coming; it isa berthe, formed by a ribbon edged with alwoya trimmed wi stitch embroidery, worked by hand on tl ‘This style of ornament is only applicable to very rich fabrics—ae velvet, taffetas, antique aud moire. dresses, trimmed with skirt. These ruches are in two: ono of the sam Hittle lighter or darker, according to the fancy of the woarer. lined with qui'tedsilk, and fastened with cut 6 tons We may Arve our owny © far ance ‘Opér.ns are xtortion. If &¥ rench army fo ths aaiu Wer ulavud io atLaiaiod (b's OZ ect. we oan Gbly say that we shall look upon the activity of our neighbors aos‘ with jealousy but with «ce All the three Powers bavo ed alike, and alt have the same title to interven. We can only that the intervention will be successful. land will do her best to Claimants, and to secu Sturchlcxt had’ aprooable 13 take the t oot ot ‘the ition on themselves, BR The Journal de St. Petersburg announces that Fening to the Bmperur ibe applcatia of the, principle of to Heche titan tl tal Sal os taxes should be collected in the ‘by persons: copa by teat On of by the functionaries appoi An decree had been published, ordering the pub! Of the budget for 1908, . borl |, except a band numbering one hi men, on the approach of the Turkish troops. Greece. + Fashions for-February. {From Le Follet.} The only aaa describing the materials an@ styles in vogue at present moment, arises from the great number from which we have to select. So maay new fabrics have been introduced, and improved, that the description given, 80 as to an idea of their real appearance, is no and taffetas antiques are as much im favor as ever, bus the colors and designs are so diversified that they have quite a novel effect. Some are embroidered, and brocaded with shaded flowers and leaves; others with small satin strij or crossbars. very elegaat. Or sabl ig, covered larger than the head of a small pm—is iy ive; as white sable with black, black with white, violet gold. The latter hasa very rich effect. In taffotas an- tiques many new designs have been adopted. We noticed one, a very pale primrose, nearly white,on which were brocaded bunches of flowers. Each group was en- circled with a narrow black ling, giving the the ‘appearance of being raised, as acamoo. We also noticed a white moire, with pink flowers brocaded in the mate- rial, and black leaves embroidered. This is the mode the season. We must not omit to mention velvet, which is much worn, both plain and terry, Satin is also in great favor, and i8 manufactured in every imaginable color. sky blue, sea green, pale pink, white and maize, are the colors preferred for ites! wear ; steel gray, goldea browa and violet, for out of doors. ing dresses, the materials are richer and more beautiful ever. For instance, tarlatan, gauze and crape, ombroidered im some color, and soutaches in gold and siiver. Ct gauze is always fashionable ; but for grande toilette ti is the material invariably chosen, and worn efther with or without flowers. The tunic is much in favor. For ball dresses tulle trimmed with double ruches decoupees, with tunic of tulle, the same matorial embroidered in silver or ars and small colored flowors. We partica- larly notice a white satin dress and tunic of tho game, the latter, with small white feathers on tho edge,or placed so close together as to represent a ruche. Another of white silk, with a tunic of white crape, spotted with smgl! Black velvet stars. Tulle or tarlatan dresses are made with the skirts coverod with twenty or thirty narrow pinked flounces. Some skirts havo alternate ruches of blond and bouilionnes of tulle. We especial remarked one in the latter style. The skirt was of silk, with alternate bouillonnes of pink crape and ruch- ings of black lace. Tunies are selaom made of the samo miteria! as the under skirts. Fur instance, when the under skirt is made of plain tarlatan the tunic is figured or striped with ‘id orsilver. ‘The tunic is generally raised by bouquets ‘8; oF a scarf, placed over one shoulder, and tied ler the arm, sustains it by being fastened to the under skirt, These scarfs are far more elegant when the ends are loft long and floating. a! Low bodies have very little drapery, but are generally © worn with berthes, trimmed with laco or blond For ceinture brassiere is very pretty and be- lace, which crosses in front and is tied behind, boing fastened cn the shoulders by a bow without ends. By changing the color of this ornament a white dress may be pM several Limes, and yet always appear new, The cointure is sometimes tied in front, and fails Like a double seart on each side of the skirt. Long scirfs of passo- 0 or iace are aiso worn; the iormer with thick als only, the onlies of dress must bo of good quality and tastofuily selected, as com- mon trimminga rathor detract trom than embellish @ ball is, tho greater the ele- A drawback, however, to talle is that, although the ruches, bouillonnes a:.d tlounces look 80, fairy-like at the commeucement ¢ s evening, before It 18 finished the skirt appears chiifunee and iagged. Fortunately, neither tarlatan nor tulle is very expensive, and a few free bouillonnes 7 ribbor 3 ofa diffrent color restore the ap- he dire tor is suitable for v decollote, with mati pelle ed organdi. "A dinner dress of roses, merits a short med with two frilied nem were placed five 8 round and low, with ¢ silk. Wide sleeves to vad trimmed to corres. 2. es of tulle bouillonne, {even for the theatre, roand or pointed, and ues, The pelerinesare rimmed wilh lace ro- te a'so ia black guipure or ‘o either Ligh or low. The question of 4g crinolines has been much sed; but, when we mention that the skirts of dresses are five yards wide, and that. to stool cages two petticoats are 1,it will be perceived thas no very great change a3 to circumference, The rhaps not quite so large near the waist, ‘there isno difference in size at the bottom of the dress. ‘ine bodies of indoor and visiting dresses are generally made open; some merely to the height of the iow body, others quite down to the waist. Within these open bodies are worn musiin fichus and habit shirts, trimmed with luce or embroidery. Spanish point, chenille fringes, medallions and bows of ribbon or lace are tho ornaments most in request for bodies and sleeves. Woe have seen several corsagos with the trimming placed in tho form 0° a berthe—a most be- coming style. Tho berthes are round. ‘The sleeves are open, and not very large, and trimmed eithor round or up the seams. Many skirts are m: open at tho seams, which are en revers, aud trimmed with ruches. A 1 is worn underneath, and p berthe forme:t the olbow, open \ pond with’ the #k For quiet e I pelerines ar scompanind shows at the opening of the scams. For instance, the upper skirt may be of silk, and the under one of terry or plain veivet. Tho richest and most expensive blr Rta by he material, We have seen a biuo velvet dress, embroidered in golé At the seams, which were open, disclosing an under pet- ticoat of white satin. Speaking of velvet, we remarked @ violet, with a band of chinchiila rou front and continued over each shoulder. The body was open nearly to the waist. ‘and large, open at the fur, which was continuod up each side of the openimg. They were lined with white satin, ! the skirt, up the ‘The sleeves wore ack, and trimmodiwi ther short a band of We have seen two or throecmoire and tedfotas anti Greeque of ruching round mes in-oue-color, at others hade.as. the dress, the other # Some sitk dresses have two flounces; the lower rather wide, put straight round the skirt; the upper, which is yer, placed in festoona, and headed! ty a rucho. The of one of these dresses was rede square, surrounded by a narrow flounce aud rucha; the-sieeve trimmed ia. the game manner. For visits of ceremony, the paletot has deon superseded: the 1. When tae in the for- stitch, and tlounced with lace; or brand aad ones with, a handsome chenille fringe. For youn, Vedi _o- those for whom the above-mentioned atyles are int we recommend tie half Citing besquine, em! fm silk and jot; apd the large circular cloak, somely ornamen‘#d on the shoulders and form of a polorize. Some-loose paletots, mark. ing tho figure, are made of gray or black curlod (yond Rounets arenot quite so peenonces In form ag thep wore afew weeks ago. Two particularly atteacted our notice. Ore of terry velvet aud carpo, tho other of white eilk aud violet velvet. The tuterior of both was very full, Caps of quilled blonds or ponfis of flowers quite a& the top. These only extended across the top of the bonnet, from one side of the head to t! or, the str ani hat filling up the test of the apace.” With, style of bonnet, the hair should bo wora in bandeaux boullants. Commercial Intetligence, LONDON MONEY MARKET. {From the London Times (Cty Article), Feb. 1.) ‘The funds opened this morivng (Jan, 81) at @ dectine of an eighth, and have been gull throughout tho day, the wteution of the dealers ang Speculators being ehicfly die 1 to the foreign ant. Share markets, who eblo there waa tivity. Tho withdrawals of gold to Franee the fatness iu consol, OF fay temporary, uu 2 lial Gales to Le Obtamed Cae 1