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4. NE JAMES GORDON BENNETT, EDITOR AND PROPRIETOR. ™ OPFICE N. W. CORNBR OF FULTON AND NASSAU STS, YORK HERALD. AMUSEMENTS THIS EVENING, , WINTER GARDEN, Broadway.—Camrtr. WALLACK’S THEATRE, No. 84 Broadway.—'ne Jeatuus Wire, us * LAURA KEEBNE’S THEATRE, Broadway.—Tux Ma- OaRTAT;| OB, Tue Peer oF !Ay. BOWERY THEATRE, Bowery.—Dice, tun News —ASrHODKL— Oni of** PROVOsT’S THEATRE, 485 Broadway—RicuarD BARNUM'S AMERICAN MUSEUM, Broad jurt—Livina Hirrorotaxus, Waate, &0., at ail ponents Revopeenge oe acne A BRYANTS' MINSTRELS, Mechanics’ Hall, 472 Broad- way.—Dows 1x Oup K-¥-ky COM” ore) HOOLEY’S MINSTRELS, Sinyvesant Institute, No, 659 Broadway.—Ermiorian Songs, Dances, £0. IRVING HALL, Irvi Concur. Afternoon a MELODEON CONCERT HALL, 539 Broadway.—Soxcs, Danone, Bumixsevrs, £c.—Cosrnanann CONVENTION. CANTERBURY MUSIC HALL, 685 Broadway.—Soxas Dances, Buaiesqurs, &C.—INAUGUR ATION pred GAIETIES CONCERT ROOM, 616 Broadway.—Drawixa Room Entextainuunts, Baiets, Pantomimes, Farers, &c, AMERICAN MUSIC HALL, 444 Broadway. Darke :—Raicxoav—Couiis: foLay Minter: CRYSTAL PALACE CONCERT BALL, 45 Bowery, — BuaLesaues, Songs, Dances, 4c.—Iwo eens BALOUS MEXICAN MUSEUM, 663 Broadway.—1 : iag—Ooutnonox OF Cakven Was Proveas ott Bren PARISIAN CABINET OF WONDERS, 563 Broadway. Open daily from 10. M. th P. M. eimai NOVELTY MUSIC HALL, 616 Broad: ESQUES lew York, Thursday, March 27, 1862, THE SITUATION. The reports of the burning of the privateer Nashville by the rebels at Beaufort, and the more recent rumors of her capture by our forces, prove to be untrue. The Nashville made her escape to Ben the evening of the 17th inst. after dark, successfully passing the only two Union vessels which were guarding the blockade—the sailing bark Gemsbok and the steamer Cambridge. These two vessels appear to have done the best they could to arrest the flight of the rebel steamer, but the latter being a fast sailer, outdistanced them, after re- ceiving a heavy fire from the guns of our vessels. | Twenty shots were discharged after her in as many minutes, some of which are thought to have struck her. In spite of all attempts to retard her pro- gress, however, she made good her escape to sea, in the absence of an appropriate force to in- tercept her. As the details of the battle at Winchester on Sunday reach us, the valor of our troops and the completeness of our victory become more mani- fest. The personal courage evinced by many of our officers is almost without parallel. Thesevere wound received by General Shields’in Saturday's skirmish, owing to the imperfect setting of the bone of the arm, has resulted in s more prolonged absence from the scene of action than was at first anticipated. The limb, however, was reset yesterday, and the surgeons pronounce that after two weeks’ quiet the gallant General will be able to resume his services in the field. Our pickets ‘were yesterday six miles beyond Strasburg, and the enemy were nowhere in sight. The full ac- count of the battle, as described by our special correspondent to-day, will present our readers with an admirable picture of that brilliant affair. Secretary Stanton has forwarded a highly com- plimentary despatch to General Shields, thanking him and his troops for their splendid victory. He says that the wounds, as well as the success of General Shields, prove that the division of General Lander is still bravely led, and that wherever its standard is displayed the rebels will be routed and pursued. Our troops from General Hooker's command are removing the guns from the abandoned rebel bat- teries on the Lower Potomac, the gunboats Yan- kee and Wyendank being actively employed in this service. Largenumbers of negroes from the Virginia side are pouring into General Hooker’s camp since the rebels left that line of defence. Our news from the Lower Potomac squadron to- day will be found interesting. According to intelligence received from Mcm- phis, a large force of the rebels are concentrated at Corinth, Mississippi, where Gens. Beauregard, Clark, Polk and Cheatham are all located. A great battie in that vicinity was expected. Information comes by the way of Nashville that the Union troops have possession of Florence, Als., and Tuscumbia and Iuka, Tenn. The two later places are on the Memphis and Charleston Railroad, Tuscumbia being about midway between Chattanooga and Memphis. The news from Island No. 10 is important. The rebels are transporting their cannon and ammuni- tion from the island to the mainland, but they have not burned their transports and barges as was sup- posed. At the latest accounts their principal batte” ries on the mainland were submerged, and the whole Mississippi Valley was nearly overflowed, which will greatly impede our operations for the present, The European news by the China, so far as it relates to American affairs, is not important. Jeff. Davis’ inaugural was published in most of the London journals, and the Herald—the organ of the aristocrats and abolitionists—seeks to console its readers with the idea that the war in the United States will be prolonged in consequence of the “determination” manifested by the rebel leader. Other writers endeavor to draw some anti-Union gratification from the State paper, but they evident- ly fail, and the Times is forced to wind up with again advocating the idea of a peace. The manufacturers of Vosges, France, had called the attention of the Emperor, in a very plain spoken address, to the losses which native industry had ses- tained by the existence of the war crisis in America. His Majesty replied, through the minister, by referring to the efforts which he had made, and was making, to obtain a supply of cotton indepen- dent of the Southern States of America. The other goverhments, he added, joined him in this movement. By the Columbia, from Havana, we tearn tha’ nineteen hundred Spanish troops were on the sick list at Vera Cruz, Mexico. The British frigate Donegal, at Havana, brought the Boy! sh troops frgm Vora Cras, and many sick among them, ' NEW YORK HERALD, THURSDAY, MARCH 27, 1862, | No guns were fired while whe lay in port, though the French all fired salutes in honor of the birth- day of Eugene Napoleon, the heir of Napoleon IIL., and the Spaniards returned it. The French division of the expedition in Mexico was advancing rapidly from Oizaba, by Cordova, to Tehuacan, When the Mexicans left Orizaba they encamped about eight leagues distant. Here their magazine took fire and exploded, killing over thirteen hundred men and laying their barracks. in CONGRESS. In the Senate yesterday, petitions asking that five thousand copies of the Patent Office report be printed in German; ia favor of @ uniform bankrupt law; and asking that the restrictions against cer- tain disloyal newspapers be removed, were all ap- propriately referred. At the suggestion of ex- President Pierce, Mr. Latham offered a resolution, which was adopted, calling upon the Secretary of State for correspondence between Mr. Seward and President Pierce having reference to the conspi- racy organized against the government by the Knights of the Golden Circle. Senator Chandler said that to his certain knowledge the Knights had succeeded in getting a large number of the worst traitors into the Union army. A resolution of thanks to General Burnside and Commodore Rowan wag referred. Debate on the resolution relative to the emancipation of slaves, and the abolition of slavery in the District of Columbia, occupied the remainder of the session. In the House the Tax bill was under considera- tion’in Committee of the Whole. MISCELLANEOUS NEWS. The new stcamship China, of the Cunard line, which left Queenstown on the evening of the 16th of March, arrived af this port yesterday afternoon about half-past three o’clock, making the passage in very quick time, considering the rough weather which has prevailed on the Atlantic of late. Her news is two days later than that brought by the Nova Scotian. Cotton remained firm, at unchanged prices, in Liverpool, on the 15th instant. Breadstuffs were still dull, with quotations as last reported. Provi- sions were ,quiet and steady. Consols closed in London, on the 15th of March, at 935% a 9354 for money. American securities were ac’ ward. Some of the continental journals state that M- Thouvenel had addressed a despatch to the Italian government, complaining of the recent meetings of the Committees of Prevision in Genoa, where Garibaldi was styled by some the ‘‘ Captain of the | Human Race,” and urging that the association | should be required to adopt a less demonstrative tone. It was thought in Paris that the advent of Ra- tazzi to power in Turin would aid the Emperor in settling the Italian difficulty speedily. The Greek insurrection was far indced from having subsided into that condition which the late despatches re- presented. The Turkish government, too, was growing uneasy, and express assurances that per- fect tranquillity prevails in Epirus and Thessaly were regarded as so many apprehensions that that placid condition was not likely to be long maintain- ed. Spain was not inclined to attempt an armed intervention in Rome should the French troops be withdrawn. The Pope was attacked with a slight fever on the 14th instant, but was able toquit his bed the following day. According to advices from Copenhagen, the ef- forts of the English government to induce the Danish Cabinet to change their resolution to main- tain a prohibitive system in customs have failed, the latter government having determined to re- ject all overtures on the subject. By the Columbia we have news from Havana to the 22d of March. It was considered certain that Captain General Serrano would soon leave Cuba. His health was slightly impaired. Trade wasmore animated in the city. Quite an epidemic of lung and throat diseases prevailed in Havana and car- ried off numbers of people, both young and old. The Opera and the performances of Mr. Rarey en- gaged the attention of the public. Thé news of the conflict between the Monitor and Merrimac and the defeat of the rebel monster astounded the Cubans, and had a very perceptible effect in altering the current of their sympathi from the Davis confederacy. Mr. Lincoln's eman” cipation project was eagerly canvassed by the local press, and the Diario de la Marina, in a lengthy article on the subject, styles him, for the first time, the “first magistrate of a great nation,” making no reference to the Sduth but as part and parcel of the United States. In the State Senate at Albany yesterday, favora- ble reports were made on the bill making appro- priations for,the State’s portion of the national tax; also on those amending the Long Island Railrosd charter; for repairing the Brooklyn Arsenal and erecting an arsenal at Rochester and a maga- zine at Buffalo, and to close up the canal enlarge- ment. Inthe Assembly, the bills te authorize in- corporated banks to hold United States stocks, to enable wives to effect insurance on the lives of their husbands, to amend the act establi-hing re- gulations for this port, and concerning the Eric Railroad, were passed. Favorable reports were made on the bills to repeal the Church Property act; toamend ths laws in relation to the sales of poisons; regulating the proof of wills; to punish fraud in the use of toade marks and brands, and for the incorporation of various religious associations. The bill for the defence of New York harbor coming up for a third reading, a proposition was made and assented to to incorpo- rate it in the general Defence bill. The appropri- ation for the defence of our harbor, to be expended under State supervision, is $500,000. In addition to this, the bill proposes to loan to the United States government, to be expended in its discre- tion, for the defence of this and the lake harbors, the additional sum of $3,000,000. It is supposed the bill will paas to-day. A bill was introduced for a division of the Twelfth ward of this city. The Assessment bill was made the special order in the House for to-day, and the Metropolitan Health bill for to-morrow. The committee of investigation into the proceedings of the State Military Board were requested to report immediately. An adjourned meeting of the sega kers was held last evening, at Harmony Hall, No. 132 Hes- ter street, relative to the proposed tax on segars; but the affair was not of any importance whatever. The different branches of the tobaeco trade seem to be split up among themselves, and hence the object for which they are contending may be said 10 be unsuccessful. A regular meeting of the Commissioners of Emi- gration was held yesterday—G. C. Verplanck, President, in the chair. In consequence of the de- crease of emigration, the Commissioners have deemed it advisable to inquire whether some re- duction cannot be made in the number of employes at Castle Garden. Mr. Casserly, the General Su- perintendent, presented a report yesterday, show- ing what reductions can be made without detri- ment to the public service. The reductions pro- posed by him will effect a saving of $1,945 25 per annum. The report was referred to the Investi- gating Committee. From the weekly statement it appears that 436 emigrants arrived here during the week ending on the 26th instant, making a to- tal of 3,904 during the present year, against 6,811 up to the same date in 1861. The number ef in- mates remaining on Ward's isiand is 775. Treasurer's report shows a bi $2,045 10 to the credit of the Commissioners. The market for beef cattle wasactive and buoy- ant yesterday, at an advance of about half a cent per pound on all descriptions. The supply was moderate and the demand ood. The range a prices was from Tc. a 90. a 9{o., with scarcely any saleg below 7}0., and quite a number of sales at a trifle over 9440. Milch cows con- tinue dull at low and unremunerative prices. Veals were steady at 4c. a 6c. a 6c. Sheep and lambs were active at $4.0 $6 a $7 60, showing an advance of 25c. a 50c.a75c. per head. The re- ceipts were unprecedentedly light. Swine were rather dull, and somewhat lower—3}(c. a 4c. for corn fed, and 35c. a 3%. for still fed. The total receipts are: 3,299 beef cattle, 155 cows, 551 veals, 2,977 sheep and lambs, and 13,492 swine. A New Movement for the Support of Mr. Lincoln and His Administration. It requires no very keen perception to disco- ver that the genuine Union elements of all our late political parties are gathering around the common nucleus of President Lincoln and hi* conservative administration. His plain, con sistent and patriotic policy of conducting this war for the restoration of “the integrity of the Union” commends itself to the cordial appro- val of every man whose face is set, inst the abolition ultimajam of “emancipal or sepa_ ration.” Hence the harmonious mingling of old line democrats, old line whigs and conser- vative republicans, in Congress and among the people, in support of Mr. Lincoln's grand and overruling idea, ‘the integrity of the Union: But notwithstanding all this, and ia the face of all our late victories over this Southern re- bellion in the field, promising a speedy end to the reign of Jeff. Davis apd his mockery of a Southern confederacy, we cannot yet say that the “integrity of the Union” is placed entirely beyond the reach of its domestic enemies. Our radical abolitioniata, including the anti-slavery ultras of the republican party, since ‘the meet- ing of the extra session of Congress in July last, have been laboring with all the energies ofvfanaticiam to bring the administration to their purposes, and to reduce this war for the Union into a headlong and reckless crusade for the extirpation of Southern slavery by fire and sword. To thisend no schemes in Congress, great or small, no intrigues in the army, how- ever base or contemptible, and no plausible trick of political agitation, on the part of our abolition leaders, legislators, journals, stumpers and pamphleteers, have been left untried. Truo, they have not thus far accomplished much in behalf of their grand scheme of an abolition armed crusade against Southern slavery; but they have not been driven from their intrench- menis, and the question yet remains to be de- finitely settled whether they have or have not | the balance of power in both houses of Con- ee atit the radical abolition scheme of Senator Sumner for reducing our revolted States to the subordinate condition of Terri tories, and the slaves therein to a sweeping de- cree of emancipation, the House of Representa- tives has given a pretty decisive adverse opinion, and the Senate, too, if we are not mistaken; but the virtual rejection of a mea- sure so extreme and revolting does not settle the controversy. The abolition faction, defeat- ed in theirefforts to carry the defences of the constitution by storm, have only fallen back to the plan of graduai approaches. Thus, at first, they seized in Congress upon Mr. Lincoln’s well considered emancipation proposition as something to their advantage; but they are be- ginning to discover that it was only a tub to the whale. Their attacks upon and intrigues against McClellan, Halleck, Buell and other generals of our army who have refused to make the nigger the paramount issue of this war, and the “tempest in a teapot” which they raised over the recall of Fremont from Missouri, on account of his emancipation follies and blunders, have all been directed te the same purpose of abolitionizing the government and the army, and for “emancipation or separation.” To quiet this hue and cry of the ultra repub- licans about Fremont’s suspension, Mr. Lincoln has given him the command of the Mountain Department of Virginia—another tub to the whale; but the unruly monster of abolition shows no disposition to be satisfied with empty tubs or barrels. Our abolition faction in Con- yress have therefore been casting about them for something more digestible. So they are working at present upon the abolition of sla- very inthe District of Columbia, This mea- sure, however, if passed, will not amount to much as an entering wedge against slavery in the slave States, so long as the President's vo. luntary and compensation emancipation scheme stands in the way. The special danger to be feared and guarded against lies in the inevita- ble efforts of our abolition disorganizers to per- vert to abolition purposes the provisional gov- ernments which will be first required for the several rebel States as they are recovered from the rebellion. It is gratifying upon this point to know, from the opening speech, at Nash. ville, of President Linooln’s provisional Governor of Tennessee, Andrew Johnson, that the local institutions of the State, including the constitutional status of that peculiar insti- tution of slavery, are not to bo disturbed, but that the State, as it was, isto be restored into full communion with the other States of the Union. Upon this impregnable ground all the supporters, of all parties, of President Lincoln’s wise and victorious policy, “the integrity of the Union,” should rally against our abolition disorganizers, so that in every rebellious State, when recovered, as in Tennessee, we may have, against all abolition intrigues and deceptions, the proper agents at the head of affairs for the quiet restoration of public order. It is the duty of all conservative men to strengthen the hands of the President in the restoration plan which he has inaugurated in Tennessee, and to watch and defeat every abolition contrivance intended purely for abolition purposes. In any event Southern slavery, at the end of this war, will be shorn of its political power; but let us see to it that in the reconstruction of the Union the bloody designs of our disorganizing and disunion abolition faction are defeated. Let our honest Union men of all parties push forward this movement of a general rally to the support of the administration, and in the prosecution of the war, and in the recovery of our revolted States, and in the restoration of the Union, from Virginia to Texas, the only disturbing element of danger which we have now to fear, that of radical abolitionism, will beexpelled from the country with that other cisunion element of secession Tus Evesine Poss axp Its Cicies.—In a most clumsy article about negroes in Beaufort and spiritualists here, the Livening Post says that the Henao is the organ of the Golden Circle. What do the blockheads of the Pos mean by golden circles? Their paper must be the organ of the Leaden Circle, we imagine; for it is certainly dull, stuvid, heavy and non- sensioal enongh. sem Tus Trowons on Irs Last Lxos—Iverrance Meanngas.— Adversity makes people do strange things; but to some nothing.comes unnetural. The Tribune's last dodge to raise the wind is not only one of the most characteristie, but ineffably mean of the many meannesses that mark the course of that unscrupulous journal. It is sending begging letters round from house to house soliciting advertisements; but instead of taking the Directory as a guide it copies the addresses of the Hzratp advertisers from day to day, and encloses to them copies of the circu. lar. In this precious document it attempts to show that its circulation is equal to ours, and with that view it quotes the decision of a bet made fourteen years ago as to the respective issues of the two papers, The world has moved somewhat since then, and with it the newspa- per press, some journals taking a snail’s pace, whilst others have made more rapid progress. The Heracp has shot ahead of them all, and now issues regularly over 100,000 impres- sions, being the largest circulation of any daily newspaper, not only in this country, but in the world. This attempt of the Tribune to indirectly dispute the fact by quoting our cir- culation of fourteen years back is not only one of the most contemptible tricks to which a com- mercial rival can resort, but proves the despe- rate extremities to which our abolition contem- porary is driven to sustain itself. Waar Has Mr. Secretary Weties ro Say?— When the rebel steamer Nashville ran into Beaufort, some weeks ago, by our blockading ships, we’all concluded that that was the last of her. The means were in the possession of the Secretary of the Navy to prevent her escape under any circumstances. How, then, is he to justify himself in permitting that vessel again to run to sea? The Chamber of Commerce of New York could have provided against her es” cape, and would have done it, with the Presi” dent’s permission, had they supposed the duty would have been neglected by Mr. Welles. We hope that Mr. Hale, chairman of the Naval Com- mittee of the Senate. will at once move an in- quiry into this bad piece of business. Tus Trine at Tar Bortom or THe Hiceman Inqumy.—The motives which actuated the Tribune in organizing its disgraceful conspiracy against the President’s family were various; but its special reason for originating the inquiry by the Hickman Judiciary Com- mittee may be traced definitely to a single point—namely, Mr. Seward’s revocation of the order of Mr. Cameron to exempt the Tribune's despatches from the operation of the censorship. The Tribune thereupon endea- vored to wreak its- wrath upon Mr. Seward, and at the same time to carry out its general plan of hoagility towards the occupants of the White House; and how it was done we all know. ARRIVAL OF THE CHINA. TWO DAYS LATER FROM EUROPE. The American Question in England and France. JEFF, DAVIS’ INAUGURAL IN ENGLAND, THURLOW WEED AGAIN IN PRINT, &e., &o., &e. The Cunard screw steamship Chiua (new), Captain An” derson, which sailed from Liverpool at nine o’clock on the morning of the 18th, and from Queenstown on the ovoning of tho 16th of March, arrived bore at four o'clock yesterday afternoon. The dates per the China are two days later than those received per the Nova Scotian at Portfand. The proposed amondmonts of the liberals in the French Logislaturo to the paragraphs in the address relative to America had been withdrawn, . Galignani's Messenger of March 16 says:— ‘A con: price of Orders for purchases Font from Lyons are said to have preduced this movement, the last news from Amorica lending to (ho hope of an carly resumption of business, Moyerbeer is seriously indisposed at Berlin. ‘The Paris Pays, of tho 14th of March, affirms, on what it represents to be official authority from Madrit, that thero is no truth in a report which was lately current at Havana, that 40,000 Amoricans have been collected in an igiand near Cuba, with the intention of making a coup de main on the latter place and on San Domingo, ‘The rumor was so absurd that it was hardly worth while to contra, dict it officially Among the usual enthusiastic viras which greeted Gari- baldi on his appearing in Genoa a few voices wore heard to give him the epithet of “Captain of the human rac The liberator received those oxnggerated ovations with evident displeasure. aaa The Kangaroo arrived at Quovnstown on the evening of tho 13th, and reachod Liverpool on the evening of the | 14th inst. ‘The Bohemian arrived at Londonderry about noon on the 14th. THE AMERICAN QUESTION. The British Abolitt on the U Triem:) om the Loudon Hie: » March 14.) Affairs in America bavo lately taken a turn which we have long regarded as more than porsiblo, The tide of victory has set in favor of the North. The federals have effected a lodgment at Roanoke, in North Carolina; they are driving before them the Confederate armies in Mis- souri, Kentucky and Tennesses, Tho capture of 15,000 mon, together with the strong posttion on tho Cumber- land river, is the greatest advantage that they have yet gained in the war. Having now the victory at Doneison to point Wo as a set-off to the great disaster of ; it is a pity, wo think, that ter do not make use of the first au ious Oocasion for concluding terms with the so-called rebels. They have it now in their powor to retire from a desperate strife with something like honor, If tho Nurtherners and Southern- ers ean only agree to an it ble parti:ton of territory, 8 Stri(e may be ended of which no one can foresee the end. Years of bloody war, with advantage sometimes to one, somotimes to the other party, the lives of thou- sans of brave men, the desolation of ten thousand homes, ved by sush timely arrangement. ‘When t doubled the sum of their debt, iy enormous, entailed on their posterity for ever tho bur- den of a taxation which even tho wealthier Englishman cannot bear without chafing; when they have t rown their hardly wou liberties one after another int. the cru- cible of a military rule, which will reduce thom to ashes, they will have paid all too dearly for the honor which the raw schoolboy can teach them as the moral of their own history—that i is impossible to reduce to subjec- tion on millions if freemen determined on a separate gov- ernment. ; * . * If a great man struggling with adversity is a spectacle for the'gods, Mr. President Davis, delivering his inaugu ral add. ess, alinost om tie morrow of thi of Donelson, may, pe: hay . In Chia spoech th siqnal diaster im sot sthiug of Our aym- js 0 aign of hesltation, no ith © triw It ig such an address as Washington him ned—strong in the belicf of the nar ia countrymen—firm in the faith what he believed t6 be the right Thewe y temperate words will resound through both hemi. aphores, and convince those who may yet doubt that the meh of the Confoderato States are not made of the metal that gives in at the flest shock, Mr. Davis doseribes to us the causes and the p of the war, which, he saya, was reluctant ytod by the South. «The tide, h tus, Dut the final ros h uri ‘That we are to @eeape them in future Tt wag to be axpected, when we enlered 1, Ov this w that it would expose our people to sacri*er#, un cost them mich both of money nd bicod.”” Vhoy had, he says. aight to cs.et the tyrraty joity Believing that human boip 4% ins. ticiont for their necd, he fixes his ho ¢ in God, whose javor is ever vouchwafed to tha canse which ie just, ‘This is not the language of a leader, theso are bg the sen.imonts of a ‘whom disaster can terri @ ohoive deliberately taken, erable rise"has taken place at Marseilles inth® | of an vmbridiod me- | Sat. 'y Ov doteat ture aside | Fri Jemr. ¥ ugural in nd. pty Mwrndoe Peet, March 1 ‘The inaugural vous Of President ® Confidence of ultimate m. ccen6 on tlh of the vernment of the Confoderat.? States which does not Pear mis |. If of late tke tide of fortune has set Senne, ir aring in the field athoy have also their vieto- to boast of. The Confecers te States occupy to-day « position of security and strenagh which the most san- guine of the seceders could hardly have anticipaied at the oe es * & Outbreak of thecivilwar. * a ee ‘Whether or not the Eaglish Foreign Seoretary was right when he spoke of the present con- filct in America as a struggle for empire on the part of the North, and for on the part of the South, it is unnecessary te determine. It ws, however, clear that, rightly or wrongiy, the Soutbern Skates have conceived themselves to have been miagoverned by what President Davis terms “a sectional majority,” and that their inte- rests were sacriliced to the aggrandizement of othors. They @ willed to havea special goverument of their own, to effect that object they are content to make great sacrifices. Hence the complacency with which the Chief of the Southern Executive looks on the pecuniary difficulties of his State, and consoles his fellow citizens for the burdens they will be ealled upon to bear with the reflection that “nothing could be éo bad ag failure, aud any sacrifice would be cheap as the price of success in such a contest."’ To the President it ia also a source of satis(action that the war has been carried on by the unaided exertion of the inhabitants of the Southern States. It might perhaps equally be said that in the Northern States the war was maintained at the sole ex. pouse of the citizens there without the aid of foroign loans. And this is undoubtedly true, though for a differ- ent reason, The Northern States would gladiy avail themselves of the assistance of foreign capitalists, but unluckily for them they have not been able to inspire confidence abroad. Tho government creditors are exclu- sively American citizens, some of them voluntary—that is to say, those who have joined in the 1oans—others in- volunt: ry—nameiy, thosc who are, and as the war pro. resses Will be, comypel'ed to accept government paper. in the South, on the contrary, the inuabitants may be all regarded as voluntary creditors. They are engaged ina commen cause, where “nothing can be so bad as failure, and ony sacrifice will be cheap as.the priee of auccess.’” When President Davis accuses the government of the United States of the commission of every species of po- litical offence, i must be recollected that he is speaiing of @ government with which heis atwar. In like manner, to the terms of seif-laudation in which he speaks of thi liberty with which political functions have been ox cised in the Southern States during the ‘unequal str gle,’ cons.derable latitude must allowed. Itneeds no extraordinary conversance with the social habits of the Southerners to understand that thore was uo necessity for government interference to prevent the oxpression of hostile to the cause of the secessionists. The liberty, “the freedom of speech, of ght and of the press’ were, me doubt, left totally umimpairod by any act of the government, very probably because the guarantees afforded that they would not be abused to the projudice of the infant State were considered all suiliciont. Still, however, it must be recorded in praise of, the provisional government, which hus now been suc- ceeted by @ permanent one, that during ils tenure of power nono of those violent measures were had recourse to which so frequently ieee from governments which are the offspring of revolution. ‘The prospect which the newly elected President has drawn of tho future is cheerful enough. If we wore in- clined to attach any it to abstract argum indi- cative of what must be eee @ nowly organized State, we should regard the Southern confederacy as most fortunately constituted with respect to its foreign and do- mestic relations. On the cne hanci, its strongth will pros tect it from aggression from without, und the bond of voluntary association, by which alone the separate States are held together, will protect it from the dangers of civil war. This principle of voluntary association tt was necessary that the Southern confederacy should ayow, since, in accordance with it, secession from the Union could alone be justified. Tie commercial intercsts of the new State will, ou the other hand, afford tothe world the strougest guarantees that its policy will be peaceful, When foreign nations recognis: the i of the South, and when the Norih becomes sensibie of the folly of any'lmger prosecuting the war, then, but Doi till thon, shall we be in a position to judge of the truth of tho predictions now go confidently uttered by President Davis. Thurlow Weed Again. TO THK EDITOK OF THE LONDON NEWS. Sm@—In my letter of 12th February, commenting upon Eari Russell's atiusion to the case of Mr. William l'atrick, aud English merchant, who was imprisoned in Fort La- fayette, as I now learn frem Mr. Patrick, I did him unin- toni ional injustice. [stated, on information, that although wholiy innocont Ur. Patrick, in view of all the circumstances, “did not himsoit regard his arrcet as unreasonable.” This ts in- correct. White the circumstances might have justified the arrest, Mr. Patrick complains, justly I admit, of six- teen days’ confinemert,when an examination would have promptly vindicated his charactor. ft. Vatrick resided for many years in New York, with an established reputation as & merchant. He was a di- rector in one of our strongest money: titutions. His Mobile partnor, Mr. H. 5. Smith, was alsoa mombor of the house of Waish, Smith & Co., of Mobile. The corres- pondence of that house, boing seized, wos supposed to implicate Mr. Patrick—a supporiiion which an examina- tion entirely removed. i Mr. H. 8. Smith is not, and has not beam in Europe. With Mr. Murray F. Smith, of whose secession principles Ipresumo there ig no question, thouzh [had been 18 to vouch for hig loyalty in New York, Mr. Patrick had no Duginess relations. In my allusion to English shippers and capitalists en- gaged in running our biockado, Mr. Patrick was not in my thoughts. Gentlemon of the hizhest position in New York vouching for his integrity, 1 bad interested myself in procuring his releaso from an unjust confinement, and I did not intend to gay a word that could, even by impli- cation, impugn hia character or wopnd his feelings. I am, &¢., THURLOW WEED. Lonvox, March 12, 1862. The Rebel a Annie Childs in the er * [From the Ienden i The Confederate steamer Anulo Childs, Captain Han- mer, from Wiimiagton, North Carolina, arrived in'the Mersey on Tuesday afiernoon, and went into the Welling. ton @ock at evening tide. She left Wilmington on the 6 of February (haviig run the blockad> ona clear mogn- light might), ond arrived at Fayal on the 234 ult., whence she sailed for Queenstown the 3d of March, Her cargo comprises 634 bale uplandycotton, $78 bbis. Of rosin, and 225 casos of tobacco. Shy brings as pas sengers from Wilmington five gentlwen, and from Fu the captain, first oflicer and throes seamen belonging 50 ti: British #hip Kitty Cordes, abun oned at sen, ‘The Annie Childs isa of 600 tons burden, with crew numbering two: ; She is owned by Mess Fresor, Trenholme & Co., of Charleston and Liverpool, and prior to the secersion cf the horn States was. plying between Wilmington and York. When this vessel left Wilmington the inhabitents of that place were still determined to a man to roaist tia eueronchments of the Northerners, ard felt conv Ss, March 13.) yet that their enemy could never force them into submission. THE INVASION OF MEXICO, : xico, being read, M. of the expedii He could under the pretext of ging their countrymen, the blood of re soldiers was lay ished teat fF the Archduke Maximilian, ‘¥ Git Wie ind Sa ho war agaiust Mexico (ed in the insuits and violence offered to \rench subjects. With regard to the suppoved project of modifying the internal government of the country, M. Billau!t said that he contined himseif to indicating tho object of the treaty concluded botween tho throes Powers. graph was then adopted. ‘The French Minister o: Foreign. Affairs had addressed a very urgent despatch t > the Cabinet of Madrid, comaad- ing that it should at vcr prt an end%o the misunder- standing which continucs at Vera Cruz botween the com- manders of the “panish and French forces. Italy. Lunix, March 15, 1862. Explanations were requested in the Chamber of Mepu- ties conce! the convecation of the b: at Rome. Ministor 1 replied that the object of the convccation was unknown, Dut it wa: tainly not of @ religious cha- ractor, The laws sufficicntly armed tho government against the bishops’ taking their departure from the State and rend ing themselves guilty of acts contrary to tho interests of 1 + Leave of absence was for- morly requested ; done now the government will consider what course to adopt, A despatch from Turin, of March 16, says:—The report that the Grand Duchy of Baden has recognized the Italian kingdom i# not confirme’. An exequatur has simply been granted to the Italian Consul. The anniversary of the King's birthday has boen cele- Drated throughov't the kingdom with great solemnity. fered from a slight tever on the 14th of with having improved ho left his bed Maprip, March 16, 1862, Tho ministorial journal says that Spain will not inter- veno in Rome if France wil. withdraw her troops, Spain will also not recognize accompiiched facta in Italy unlese they are recognized by a Envopean Congress. Commercial Int: Higence. THE LONDON MONEY MARKET. PR the Liverpool Times (vity article) March el Bri securities has been irregular juction of 4 per cent proved mereiy rf the final quotations were fully equal to previous day. The tendency at the close was satisfactory, the cuntinued imflux of gold to the bank having had @ favorable effect. Consols closed offi- cinlly rathor firm, at 95% 0%, but for part of the day they stood at 034 a i luced 0236 yt per cents, (25,8 %)m 6 alt per cents, 761%. Exchequer Wills, 198. @2u8. prem. Bank stock, 236 257. vo-day (1dth) the market further improved. ‘At noon oousole were qupted 08% 9 3 for morey, and 8X for the wecount; and they finally closed at 934; a 3% equer for money, aud 93% 4 % for the 10th April. Exel bilia ‘vere teat quoted 19422 prem.; bank stock 237, and the throe pet conts, 924 a» ‘The following table will show (ho sols since (he 7th in notuations in ¢on- —- —-For Account. . Lowest. Highest. Clos'a. M28 93% en, 9F ‘ 8g 98; 93: | Tuos., 11 93% 98% Gas 98 Vout 98% 98 93 f 1% 99% 983 Hiss 1h 08K bes 3 03% 98% sere 08% Mouser has been in active dowand in Lombard street. aa Fe oreign fang bern feelers), per on. side of the account:— Government securities.£11,20,241 Decrease... £1,308 554 Deoreane....104, 18,280, Notes unemployed. 9,172,910 Increase... 831, ‘The amount of notes in circulation is £20,013 ,686, be- ing a decrease of £517,265; and the stock of bullion ia: both departments is £16,027 111, showing an increase of £868,218 when compared with the preceding return. ‘With referenoe to the market for Amorican seourities Mr. E. F. Satterthwaite reports as follows:—During the past week a very large business in American seourities has deen transacted in London, at steadily ad quotations; the buying has been chiefly for home and of # more general and diversified character than we have ever before noticed, embracing almost every de sinh of States and railway stocks and bonds doalt ia . ° ‘Tho foreign stock market has been flat generally, until Friday, when there was an improvement in some stocks. Mexican bonds were in brisk demand in the afternooa, and rose 3, a %, leaving off atw4% o %{. Latest salew are thus :—Braxilian four and u half per conte, 1860, 923, a ; Chilean four a half per conts, 86% «36; Mexican ee oon wR es do. for account, awe ; New Granada, ex-overdue coupons hater on ; do, two per cents, 25%; Peruvian four an® shape ats, tex: ‘The London railway share market has been firm. . Lowvow, March 16, 186% Consols 985; a 98% for meer. linois Central shares 4334 @ 4234 discount. Erie shares, 32 a 33. PARIS MONBY MARKET. Pars, March 16, 1862. ‘The Bourse is dull. The rentes are quoted at 60f. 76e,, The Bourse fas been dull (15th March, 3:30 P. M.} Rentes closed at G0f. 75c.—ten centimes lowor than yea- terday. MESSRS. RICHARDSON, SPENCE & COMPANY'S OUR CULAR. LiverPoon, March 14, 1863. Sea — Tae Le which Rigs Pred oer = Friday last brought in speculators on urday, and, the pity of that day the market was cleared of nearly all cheap lots; since then there has been a steadier tone, and a recover of one-fourth of a penny per Ib. on the low salegof last week,and it is only in tho ‘fair’ qualities, which are scarcely inquired for, that we can reduce Logos " ae Ceri) Lh mT pil Orieans, 12344. per Ib.; Mobile, 123¢d., Up:anda, 12d. ie siducnesdoe there ‘baa been ‘more demand, anda firmer market since Tuesday. Brgapercrrs.—The past ie has been characterized by extreme dulness, =a prices have generally deolined. On Tuesday the finer qualities of wheat were not cheaper, but other kinds could be had at easier rates, and for descriptions the demand was limited. Flour was slow of salo at a reduction of 6d. per bbl. Indian corn declined to 208. per qua:ter, with little doing, and has since been freely offerod at 23s. 9d., in store, without loading te much business. At to-day’s market but few buyers wore present. In whcat a li:nited business was done at adeclineof 1d. a2d. per cental. Flour again receded 6d. per bbl., and was pressingly offered at the reduced rates. Indian corn again 8d. per quarter cheaper, which brought in some buyers, and a fair quantity of mixed chansed hands at 28s. 6d. per‘quarter, both in store and exship. We quote wheat—Red Western, 10s. 6d. a 104. 9d. for Chicago; 10s. 9d.a 11s. 1d. for Milws and amber Iowa; 11s. 6d. a 11s. 7d. for winter; Southera, , 128, 6d.; Southern, 120. pel . Flour—Extra State, 268. 6d. 8 263. 94.; extra Ohio, 278. 6d..9 208. per 196 Ibs. In- dian corn—Mixed, 28s. 6d.; yellow, 203.; white, 34s, @ ‘ST. per 480 Ibs. Bezr.—Owing to large arrivals, the markot ia dull and prices rathor easier. Por« has solé more freely, ab the reduced rates now current. Bacox continues in good consumptive demand, and athor in favor of sellers. Hams in active re- 1s. 8 28. per cwt dearer. Cnekem steady, at full rates. Lan inquired for at full prices, about 600 tons having changed hands in tho week. Our quotations ar > now 43a. for good, and 448, for fine quality. At the close there is a quieter feeling. ‘aLLow pas been in fair request without change in v! Butchers’ Association canuot be q' over 45s. 6d. . per cwt. Que. Bank.—No sales of Philadelphia; 800 bags Baltt- mere sold at 88. 9d., ex quay. Ro. dull, at 128. 6d. a 128, 9d. for common. Saxps.—Cloverseed still quito noglected, and no sales to report. No transactions in timothy aved. Flaxseed scarce. but closes quiet HAVBE COTTON MARKET. Havre, March 13, 1868. Cotion—Sales of the week 6,500 bales. Mark dull and prices considerabiy lower. Orloans trés ordi- nairo, 154 francs; do. bas, 147 francs. Stock 83,500 bales, COLONIAL WOOL SALES. Loxpox, March 15, 1862. No quotable eam of any kind. Un the whole the ily. biddings ruled THE LATEST MARKETS. Liverroot, March 15, 1862. Cotton frm at unchanged prices. Sales to-day 7,000 bales, of which speculators and exporters Loic 2,900. i; ut duil-and unchauged. ong quiot and steady. Bacon firm Pro NEWS FROM WASHINGTON. Woamscron, March 26, 1862. THE TAX BILI. ‘Tho Tax Dill is about half fnished in Committos of the Whole. The House sooms disposed to adopt it mainly aa reported, or az amended by the Committco of Ways and Means, The committee aro amending it as it progresses, to meet, as far as possible, the views of ihe various inte. affected by it. The provincial nowspepers are to be let off easily. ‘Tle paper, like all other kinds, is to pay an advalorem tax, and advertisements are to be taxed upon their actnal receipts. Many membors of Congrosa thelr election to the couatry papers,and conao- quently fool bound to protect them from tuxayon. he momber who has been made a great man by his coi uty paper, dares not vole to tax the instrument of his elie vation, therefore the committee bave lightened the load intended to baye becn Inid upon them in order to eave Congresé aud tho conniry from (he terrible speeches that would have to be made by the champions of free” dom of the preas from taxation. Tho principle of levying duties upon manufactures, as produced by the bill, will not be changed. Tho com. mitlee havo avoided (axing the elements of cost, such as coal, raw material, &c., but levy dutics upon the manu- facturing processes. Thoy argue that the consumer ef the article will thue be taxed really just as if the con- sumer of dutiable imported goods. A somewhat laughable incident occurred the other day before the Committee oa Ways and Meats. Several gen. tlemen were preseut to enlighten the committee on the enbject of the adulteration of liquors, and the effect of tho proposed tax thereon. One of the gentlemen, while conversing with the committee, remarked (hat his frien@ (indicating him) knew all about tho adulteration of liquors. One of the comumittes azked him if he knew of the whole modus operandi of adu’ eration, and recoived an answer in the affirmative, whercupon the proverbial joker, Mr. Thaddeus Stevens (Chairman of the Com, mittee), of Pennsylvania, said; “ Thon let the adulterer speak for himself.”* ARREST OF MARYLAND REBEL SYMPATHIZERS. A fow days since the pickets along the Lower Potomaa and the Chesapeake Bay were drawn in by Gon. Hooker. ‘Thejrebel sympathizers in Lower Maryland took this as an intimation that the United States forcos were al te leave, and immediately commenced to send their slaves to Virginia for the rebel service. This perfidy did nos escape the sleepless vigilance of Gen. Hooker, who im- mediately ordered the arrest of some six or eight of the ringleaders, who are among the most prominent citizens land. ‘They will be handed over to the nuthoritica at Washington, with the evidence against them, which is said tobe of the most conclusive ebaracter. ns 40) CIRCLE AND THE ia, CONSPIRAGT AGAIN THE GOVERNMENT. ‘Tho Knights of the Golden Circle are about to be inves- tigated by the Senate. A Boston journal having pub” lished a sixcoment impHoating ex-Presidont Pierce in th* conspiracy which this organization has formed, he re quested Senator Latham to introduce intion, calling | for the correspondence ho had some time ago with the Btato Department upon the subject. Senator Chandler hag a spy in the Circle, and he asserts that a part ot their plan was to got their mea into the army. The Sa nate were somewhat startled when Mr. Chandlor said that he bad positive knowledgo that there ore now in owe army numbers of these conspirators, Some interceting dovelopments aro expected, THR LIBERTY OF THN PRESS. Pwo Following petition, nuymorougly Gignod, was OF