Newspaper of The New York Herald, January 31, 1862, Page 2

Newspaper of The New York Herald dated January 31, 1862 Page 2
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I* , IMPORTANT FROM EUROPt The City of Washington at New York and Anglo-Saxon at Portland) with Five Days Later News. Lord John Russell's Reply to Secretary Seward. MORE DESPATCHES TO LOBD LYONS. > > The Confederate Agents Described as Insurgents. British Opinion of Mr. Seward's Diplomacy. Speech of the Chancellor of the Exchequer on the American Crisis. Sis Opinion of Oar Reception of * the Prince of Wales. i The Finances of the Union in a | British Point of View. A 41.? ?4 U1UVKUUC UI lite 11U311>U1U Ml Southampton. English Sailors and Artillerymen Called Out to Keep the Peace. POSITION OF THE SUMTEK AT CADIZ, fcc.) & t?f & c. The ste.imship Anglo-Saxon, from Liverpool on tho 16th, via Londonderry on the 17th inst., arrived at I ortlaad at a quarter to eleven o'clock yesterday morntag. Her dates are five days later than those already received. The screw stoamor C'ity of Washington, Captain Brooks, which sailed from Liverpool at eleven o'clock A. M. on the 16th, and from Quoonstnwn on the 16th inst., arrived here at four o'clcck P. If. yesterday. The City of Washington brings 173 pissongors, the United States mails and a full cargo of valuable merchandise from Liverpool, Belfast, Antwerp and Havre. We are indebted to the purser of the ship for facilities to our ship news reporter. i The Loudon Past of tho 14th instant says sovcral large American vessois being overdue, the premiums at Lloyd's have advanced from thirty to forty per cent. The ship Simoda, from >|ew York on 15th November, Sixty days out, was being insured at thirty-five to forty guineas premium. The Crown Princess of Prussia was shortly expected on a lengthened visit to her mother, Quot-n Victoria. At an influential meeting, In the city of London, it had a been resolved to erect a monumental memorial to Prince ^ Albert. '' - The steamship Edioburg arrived hence at Liverpool on the 15th inst. The steamship Teutonia, from New York, arrived at Southampton on the 12th inst. Tho steamship America, from New York, arrived at Liverpool on tho 14th inst. The steamship Nova Pcotian, from Portland, also ar&, rived at Liverpool on tho 14th Insl. THE MASON-EL:::-.!. r.'3E. Reply of (lie Engllih CuMmt to Secretary Seward'* Dtipahli. [From the Lundm Post, Jan. IS.] On Monday we gave* portion of the diplomatic car reepondaoce which has passed between the government of this country and that of the I'm ted States in reference to the aTUir of tho Trent. Yesterday'* L<>n.lou Va?."' ! contains the official deepen hes, from which we select the following, which have not previously been made public, "foe second communication from F-trl Russell to Lord ? Lyons is as follows:? EARL RUSSELL TO LORD I.TONS. FwtRtc.it Onicx, Dec. 19,1861. Mr I/O an?Mr. Adams came to me to-day, at the Foreign Office, at three o'clock. He aaid he came to ask two iaeetkms which concerned himself personalty, I interrupted him to ask whether what ho was going to say was by order of hie government or from his own eenee of what he ought to do. ^ Mr. Adam? answered that the proceeding was^ntirrly his own, but that he had with hiui a despatch from Mr. Seward which he was authorised to read to me if he ebould think fit to do ao. It appeared, he iaid, fn.m thit dcrpa'rh, that the gmemmnt of Washington hurt tuAa t Oiori't'l the capture of the two (susgnli, Mason an l SUitU, aid that the United Slata government itsod quite own* tniUest at the time of tending the drtjatrh. I said that If the despatch did not ?Dter info any con troversy with regard to the < nso of Mt ears. Mason and S.Ji lft!! I should l,o iflid U? hftnr it re?a>l. Mr. Adam* then proceeded to read the despatch. It commenced bjr referring with approbation to a speech mad'* by Mr. Adams at the Mansion Ilottte, and proceeded to notice with gratification the sentiments which had , boon espreesed by Lord Palmers ton in a convc r satton die * had held with Mr. Adam;, in referoncc to the James Adger Mr. Seward th?n proceeds to declare that the American m government rnlue IK* frietulnhip if Great Biitain, M and lament that certain causea of difference have arisen. .J owing, aa Mr .Seward Imagine*, to the want of attention * on the part of the British government to the performance of the duties incumbent on a friendly Power during the A struggle in which thu United States are engaged. Mr. Sewar.l gives a- instances the caee of comtminicatien to the Coufederato autborit - by Mr. Bunch, the admission of the privateer Sumter to purchase coal and provisions at Trinidad. In dls'lnetlon, a* ho said, to the conduct of eery European S'tfs, and tiic arrival In the Southern Katoa of vueecls Jk *eu with aruia and ammunition from Eiiglaint Mr Seward then proceed.' t" the case of the Tront, frtn which ship the I tec burn ;?*' had I teen taken. He air ma that no 1 iatr tcttnna wera givre to Captain Wilkes which authorized Mm tc act in the manner lie bad done. N< bad tho hit.ted Stater government committed itseii at aregard to any decision upon the character of that act. The government would wait for ai y repr entalion the liritish government might make bet ye e >mir.g to any positive decision Ho deeires that, if Mr Adnme should thick It deelrable, this deapetcli aliali be read to me and aUo to Lord Palniarston. In answer to Mr. Adams I t iu< bed up- n most of the points treated of in the despatch. I <l<d not think it ye commit, howerec, to recur to tbo cag' m Mr. Hunch With r?tr?rd to tbo Confedeiete prtvaie-r, I g.ud that 1 could tux m? that our c< tiduct had hero different frotii tlMt of Krone* M)<1 Hollaed or of ttpale. Ike dumliu ba<i boon refuted o- ni (r. in tbo povflrnment store* atTriot dad, but bad boon allotted to get coal and puriiloufrom private merchants. The Mine thing t ad taken place at Martinique and at Cuiacoa. I did got Itiid that the rule of twenty-floor bouni hail been observed to practice, but llxre tvould be little 1li.Tic.1H/ in coming In an ngreem :at on this point. I t regard 'n the expert of arm* and imtii tuition to the ? 'od rote itntee, I bed latel/read the opinion of I he mcy General, and believ?<l it was in entire coug. rmi jf with the p-ovtgi <ne of the Foreign Kaliatment act if' ' ? ?< / <i rr$t*l witiuMMW,' Ih*. loaddr., ?<:! mmh arm and ammunition tear not proKHilcd Cti p iut of fhet, a m'tck greater nmount 01 arms and I nru tbloe hadbeeuee'-l to the federal States, where i. t ,i no obstac'o to tbo export or tbo import, tluu I t i ortn of the Confederate fttatoe which were a ' V ,rr. Adam rtmif.te'1 thi* to be the feet, and | i -"'-g'eed from preggtng a mere rigorettn , t i:5 tic Tw 'jn Enliatment act for this I ? !%; 1 b-. t :?rr, ,. ... J fh* rBbflgnce if tbo two f * d.wpati-hea I had written to Lord Lyons on tho sulked of Um Trent. 1 told him that in s private let ter I IumI dirt*-ted lord Lyons to talk the matter over teiih Mr. Seward two days before reading to him the dee|>atoh. Mr. Adams asked whether the direction to lord Lyons to leave Washington in seven days was in the despatch to be read. 1 said it was not, and that in case Mr. Seward should ask what would be the con?e<p euce of a refusal on his part to c ui ply with our conditions, lord l.yous was to decliue to answer that question, in order not to have the appearanre of a throat. 1 said that I thought iha explanation that tho government had not authorized the seizure would stand in the place of an apology. But the esseutial condition was, that Mr. Mosou and Mr. Slidell should be given up to lord Lyons. Mr. Adam , said thai If the matter was stated to Mr. Sew ard in tho manner I bad explained, he hoped for an amicable termination of the difference; he thought that if the government of tbo United .Slutes insisted on maintainmg the act of Captain Wilkes, the I'uitod States would be abandoning their dootrine and adopting ours. Mr. Adams asked uiea further question, which he said I might decline to answer; it was whether, if I-ord Lyons ram; away, a declaration of war would be the immediate consequence. I told him nothing was decided on that point; we ehould wait for the reply from America, and then decide upon our course. I slated to Mr. Adams tlie substance of M. Thouvenel's despatch to M. Mercier as I had heard it from M. de Fl&hault. Mr. Adams saidkhat the French government had always been very consistent in their Maintenance of the rights of neutruls. Me added that hs could not pay our government the same compliment. I said I would dispense with compliments if this matter could be amicably arranged. We parted ou very friendly terms. I am, be., RUSSELL. I.OKD LYONS TO KARL Bl'SSRLI. (RECEIVED JAN. 9.) Washington, Dec. 27,1861. Mt Loar?I have the honor to enclose a copy of a note which, have this morning received from Mr. Seward, iu answer to your lordship's despatch of the 301b of last mouth, relative to the removal of Mr. Mason, Mr. Slidell, Mr. M&cfarland and Mr. Eustis, from (he British mail packet Trent. Tho note contains a very long and very elaborate dissertation on the questions of international law involved in the case. 1 have not tunc, before the doparturo of the messenger, to weigh tho urgvmer.ts or to estimate pre cisoly tho force of the expressions used. But as Mr. Seward admits that reparation is duo to Great Britain, and couseuts to deliver tbo four prisoners to mo, I consider thai the demunds of her Majesty's government are so far substantially complied with, that it is my duty, in obedience to your lordship's commands, to report the facts to her Majesty's government for their consideration, and to remain at my poet until I receive further orders. I have the honor to enclose a copy of the answer which I have made to Mr. Seward's note. I have contlned myself to stutiDg that I will forward a copy of it to her Majesty's government, and'that I will confer with Mr. Seward personally on tho arrangements to bo made for the delivery of the prisoners to me. I have, Uc., LYONS. KARL RUSSELL TO LOKD LYONS. Forhgh oriKt, Jan. 11, 1302. Mr Loan?In my dot-patch to you of tbo 30th or November, after informing you of the circumstances which had occurred in relation to the capture of the four per sods taken from on board the Trent, I stated to you that it thus appeared that certain individuals had been forci bly taken from on board a British vessel?the ship of a neutral Power?while such vessel was pursuing a lawful and innocent voyage?an act of violence which was an affront to the British flag and a violation or international law. I concluded by directing you, in case the reparation which her Majesty's government expected to ruceivo, sb'i .id not be offered by Mr. So ward, to propose to that Minister to make such redress as alone would satisfy the British nation?namely::ftrst, tLe liberation of the four geutlemcu takon from on bon a the Trent, and their delivery to your lordship, in order that they might again bo placed under British protection; anil secondly, a suit able anob^y for the sggreMion winch had been committed. 1 received yesterday your dea; ateb of the 27th ultimo, enclosing a note to you trom Mr. iscward, which is lu subi-tauce the answer to my despatch of tbo SOtb N'ovom bcr. Proceeding at once to the maia points in discussion he 'ween ns, her Majesty's government have carofuily ex amined how far Mr. Seward's note, and the conduct it announce*,complies substantially vrilh the two proposals 1 have recited. With regard to the first?viz: the liberation of the prisoners with a view to their being again placed under British protection?I And that the note concludes by staling that the prisoners will bo cbeertuily lihcratoJ,and by culling upon your lordship to indicate a time and place for receiving them. A'o ' million >/ any U coty led k M the fibera'icr, of the prinrtnrt. With regard to tho suitable ajiokgy which the British government hid a right to expect, I And tluil the government of tho I'uited Slates distinctly and unequivocally declares that uo Uir<ctions had t?een giveu to ('upturn Wilkee, or to any other naval otlicer, t'? arrest the four persons named, or any ot them, on the Trent or on any other British vessel, rr on any otb*; neutral vessel, at the place where it occurred or else* here. I Had, further, that the Secretary of state expressly forbears to y atify the particular act of which her Majest) s government voniplatned. If the United States government had alleged that although G. plain ^ tlkea hid no previous It struct ton f?r that purpose, ho wm ri,;hl la cipturing the iiersous "f the four prUourrs, aud in rc mov ing them front the Trout on board bis ovvu vos.-ol, to be afterwards carrtod into a p< rt of the United >tatca, the g tvcinmcnt which had thus sar' tirmod the proceed mgofCapt. Wilhoa w< uld luvo become responsible for the original violence and insult of the act. But Mr. Sew ,11 d contents himself with stating that what has happened has been simp ) an Inadvertency, consisting in a departure b) a mtiuj officor, free from an) wrongful motive, from a rule uncertainly eaUbluthed. and probably hy the several parte* concerted etH ei Imperfectly undeifctisid or entirely unlcii'.wn. The Secretary off tale ' . ' es on to afliini that for Una error llie Britiai: govern. | ment has a right u expect tho same reparation which tho Uuited State- as an Independent State, sic old ex; ect fr< ni tlreat Btitam, or from any id iter friend!) nation tu a similar case. Her Majesty's govoinmcnt having carefully taken Into their mm Mention tho liberation of the prl.- ue.-f. the da.ivcy of thotn into your hinds, and the cxpUnat.'ns to whhh I have Just referred, kaita/ri ?( of the ceruln.-ion <*"' they cST'ititute the r-p raf.rn irhi-.U her J/.y\'?fy and the liritih n-itisn had a right >o erpeet. it ;tves her Majesty's government gieat t aivaetitai to lie e'sb'.cl loanfte at ii mne'.-i inv famrotie in :h> ma'n Miiiur tu, ,.ott fri wow r ;i; (sfie-,/1 the fin naU.rL. I ne d ui.t d,<<ci:s(? the modilcaii vs id my statement of fc.-ts whi b Mr. Seward a .ys be has derived fr*m Hie | report-, of < r ce; a of l.i? got ernu.ent. I c?i r.ot o cclude,however, without adverting :-horf'y I *o the dire .aslow wbi'b Mr. Seward baa rained njon points not jrotn!n"n?ly brought into que*ti< n In my dour "'ch of the soib of >ovomber. I there ib.ceietl.ru, ?h<> | (-art o !i?r Mttje-iy'tgoiernmont, to that wbi .h Cuptaln Wilkes bad done. Mr. Seward, to hia answer, points out | wbat he conceive* captain Wtfkea might have dona withI out violating tlic law of nation?. It ia not necessary that I should here discuss in derail the flvo nueetlon* aMy argue 1 by the Secretary of Mate. ' but it is lerewmry that I should *ay that hrr May i/i gtmrnm> ft differ from Mr. Aneortl m lows of ih? c nchui'M* n' whirh he hat am id. And 1' way lead to a better understanding between the two nations <>o several poweof International law w htch may during the present contest or at soma future time be brought into question, that 1 liouM state to yen, for comrannicalioa to the Secretary or State, whetein tbo?e difTererrca <ooslst. 1 hope to do so In a lew daya. tn tha meantime it will he desirable that the com mtuderg of th? I'ui.ed States erelsets should he inetruohi'i not to ro|>oat ecle for which the Rrittab govern 1 rw-nt will have to ask for redr-<a, and vrbteh the I'nltod St.itea government mnnot unrlerteke to loatlfy. You will read awl give a eofiy of tltiM despatch to the Secretary of State. Imp, fee., MfflMU* EiRL *V<Skl.l> TO f.ORO LTOM. Omcs, Jan. 11,18?3. Mr Joan?Your conduct In the Important matter of the Trent la entirely approved by bor Ma,est/ Tbe die cret r.ti and (rood temper yon have abuwn have con trlbiiVcd greatly to the Ruccoes of our operations. In order to give yonr kirdablp, l?y a publie document, a proof that you ha\ e acted atrlctly acordlag to the iuetruciions you here received, 1 er.c!i?e an extract, annexed to Ihie dea.nkb, of a pilvato letter I od It ??ed to you on tho lat or Ixrcomber hat 1 am, Ac., Brma.u gXTEACT or A PRIVATE LT.m KAOW UARI. Rt igl.L TO tonni.TORfl, T*\ 1, 1M1. Tbe de patches which were aire j<1 to at the Cabinot JEW YORK HERALD, FR yoeterday, and whi. b I bar* nigiiad this moraine. impose upon yon a dieagreeable task. My wish would be that, I your 11 rat interview with Mr. Seward, you should not lake ray despatch with you, but should prepare him for it, and ask him to settle with the l'roaidont and the Ua> binel what course they would propose. The next time you should bruig my despatch, and road it to him in full. If he asks what will be the consequence of his refusing compliance, 1 think you should say that you wish to leave him and the President quite free to lake their own course, und that you desire to abslaiu from anything like BNtM. EnglUh Opinion of Mr Howard's DiploMMi THB ANOMALIES Of THE AMERICAN COKBR8FONDENCI. (Front tlio Loudou Bust (government organ), Jan. 14.J There aro several rircurastuucoe in the diplomatic correspondence on the Trent aflhir which, when closely examined render thalcorre*|M ndonee altogether unexampled is the Injury of political writing or the conduct of intei national relatione. To tho6A well meaniug, perhaps, but not very sagacious persona whose transatlantic sympathies lead them to regard with favor the course pursued by tho federal government, and who see in tho language of its Foreign Minister tho proofs of a wish to conciliate the good w ill of England and to respect the public law of Europe, we would simply recommend an attentive consideration of the following facts. Tho despatch of Mr. Seward to Mr. Adams, of the 30th November, which, by a gross misconception of its nature, has beeu termed a disavowal of Captain Wilkes, is singularly caough dated on the vtry same day on wbich Earl Itussoll's demand to tha federal government was penned here. The outrage was committed on the 8ih of the same month. The news brought by the Persia, which left New York on the 20th of that rnqptb, ten d*ya before Mr. Seward's despatch was written, speaks, amongst other things, of the general approval given to the art in Washington, adding even that the interest in the question had become there already exhausted, and that public attention was engaged with other matters. Mr. Seward bad been therefore in aogreat hurry to deliver any opinion on the Trent aOhir, when, iu reply to a note of Mr. Adams of the 15th, he "hastened" to write the note which was to leave by the mail of the 4th of December. By that time, however, thero appears to have dawned upon his mind the idea that the outrage on the British U?g might not be taken in England very quietly. He had been for a fortnight iu full possession of tho chief facts of tho case. He had been for several days In possession of all the ofljciul reports bearing on tho act. He could loarn nothing more than ho knew on the 30th of November of tho circumstances under which Capt. Wilkes had perpetrated the outragu. The act of ('apt. Wilkes was either legal or illegal, and tho principles and precedents by which its legator illegal character must bo determined were as well known to the government lawyers in America thou as thoy could possibly bo afterwards. Hie ground which the British government might choose to take on its becoming acquamffcl with the outrage, could n!Tect the |io!icy and expediency of a surrender of Messrs. SI idol I and Mason, or the reverse; hut it could not alter tho obaracter, iu tbo eyes of international law, of tho act committed in the Bahama channel. A sagacious and high minded statesman, who impliod,in the terms of bin despatch, that be was "attentive to the currents that seemed to bo bringing the two countries into collision," would have first secured a Arm footing on the common ground of international law and jtisiico, and then employed tho advantage of liis po sition to remove those immediate causes of offence and irritation to Ureal Britain which he so strongly deprecated. Mr. Seward did exactly the reotrsr. Ho intimated that a certain prospective and possible policy on the |?rt or i'jigUnd, or indeed of any Euroiwan l'ower, or of all the European Bowers tuken together, would lead to immediate war botweeu the federal government and the i*ower or Bowei s wbich should thus offend it. Having gratuitously advanced un hypothesis, iu which the international relations of the fedaral government u-oul.l lie simply thuse or "Bully Dawson kicking all the world, and all ttie world kicking Bully Daw, on,'' bo expresses bis rogrot at the inattention of the British government to the currents that were bringing the two countries into collision, and then touches on the inference drawn from Lord Pulmeikton's remarks that the British governnn ut was at length awnko to the importance of averting a possible con 11 let. And then be proceeded to speak of the Trent afTair. Would nut any sane man, who, a few sentences before, bud been speaking of the cnrrcnts likely to bring tbo two countries iuto collision, yet who know iliat, front this Treat outrage acurrecit, mighty as the Gulf Stream itself, was then rolling from the American shores tol-ugland the causes, if not arrested, of certain hostility between America end Kngland, have said ono word, one littlo word, to stem its course? Did Mr. So ward do this? It would have boon a thosaud times belter for him to have preserved absdute silenco than to have made the statement that, whilst in the cepturo of Mesara. Mason and Slide 11, Captalu Wilkes had acted without any instructions from the federal government, un importance was clinched ny the federal government to this iusigtiiilcantluct. Tit it it what certain <>f our con!xmjxn arir* are jMrated to term the <li.air*'il, ly Mr. Seward,of the outrage commit! d by Captain Will ex; this la lhe duciaialiou which, in the naive laiipuige of tho American diplomatist,"fries the subject frmu tlio em harrassmcut which might have resulted it the act had been specially directed by tho federal government." 7o any tltileewnrt oj ordinary intctlijence th" em'amurmrnt wot'Id trim to Ik. incriateda hi n-lro'f'nlJ. 'I he federal government had thus done everytbitur in its power to f-hut tho door which, with the view of sparing it humiliation. Lord ltussell In his subsequent duf patch was desirous to le.ivc open. Tlse Alleged Corneal incut of Nr. Seward's iH-spulcli to Nr. Adams. (From the l/ioiica l'o?t (governmentor -an), Jan. 15.] The publiu have now beioie lliirm th ' wli -lo orrosiHi'u deuce connected w itii the outrage on the Trout. Tho first document is an "extract" from a "coutidential nolo' addressed to Mr. Adams by Mr. Seward. With regard to this, wo are asked by the Daily \cwt and Morning Star hiim it whu tli il wa ficnictl tin* fiifiim hiicnt iii Li iKa British government of au American do>p?i..li disavowing the art of (.'upturn Wilhe* * Tu 'iti* we r-7 ty /hut /he /* ;>*/ ?? i/u-yft'.n t< as not an <rffh-iat tletpc; h; that it was >x< cm mu/tisakd to th : British ffortmmeni as rw h, awl that it hast no ratihearsme vj* n the net of (ktpiain Ii'lUcr. This 'on ridonlial unto" was only to to read to certain statesmen, soil we ark. auv candid per ;ou who now raids it if it could make nr.y impression on their minis, save tha'. it war written to pot Hum oil their guard. Now, how did the American government conduct itnelfr Whet# war 1 !* * bast disposition and the fnondly temper in Mr. toward s course* No ay. logy?uooipU nation was offered. Ou the contrary, there is every reason tobelicv e that, even up to the-6th December, Lord Lyons and ottot foreign Ministers in Washington ?Kpee'rd that hi*, departure on the LiOth was 1:10.-1 pro, mole m Hint day, however, tlic Auicriian government "raved in," as tin y would themselves say ; : ut in vtu> manner and temper lb* Kr.gii*h pnbtlc will gathor from Mr 'owaril's despatch with 1*1fe. 1 u.stnuishu.cnl. The world > verdict Las been given in our favor. Ths law .ijfinrrsof / to,'."*#. if Vionc, of A i'i ux mi <f Prussia, hue all d cidcl iht enr* in star tense. To quote only one an:ho riiy?M. Thouvenel a<ye " it will not be pie tended that they (MM. Mil-Jell and M..-OC) could be roi.ciJercd :s c< titrabuud of war " or, il they wore to be regarded us ' robes," the tioii "could uotbesdvol 111 favor of the commander of the Sua Ja-un o." Nothing <au be taore distinct than this, nor than the ho t oi oihcr op.nioD* given. If the tii.eriuin iaw o licors had to.n cotuuilfd iht-v would not hive failed to g.vo tho same reply. But Nlr. reward comes to very different ?ran h?tot.'\ iui?l lie lorccs onus the ro< ogoittcB of the fact that, had tee nut mailt our ih itnttd,as He Jul its rmhtu, at the ,? orit't tc.n'?had we rot slown our read it. fo. th w tr With which hj threatened us, we six <tld U"t ha v? obtained ti.e a -saly fatiaiactl n. Mr. toward actwi.iy adopts the views which wore published in tit. opinion-d Mr. K tvu i .'i mes, viz?That ? the Ti?tit had ties niches ou board, .m l us the captain (>f the Tretit kti w what manner of person* in, 1 was c i.vey.lig It: hi* . Inp, that that t,:>h a violation Of | neutrality, atid that the 1 em w.iv a lawful pi i;.r. Nothing has ove,* so thoroughly 't:ri o 1 ibecysoi vi j Europe to the real rh irm t?r < I t' c Allien,en government I as this dtfg aocful care it lite Ircut. It it tow ip.ile j Clear that the law ot the stronger is ti e ouiy law ti at ! really rules oo the ollvT fidr "1 ilia Allniii.c. Culm and ' many other Inrdnnccs h'i t utuplit us ttu" <>o woti<tw' I ef?h< !M< h' U ?u.tgd ai rtnurw thr ; xrt holy imtimi ./ 1 Jilii.u.'ri .itj/, an I mw IJ"- m nrr ill vUuh tnr <1 , fu.r cn--hictoil !*{/ in rr.gi'nUo 7i>iajftir tS'H' t trot the h .tor ef rut flag t* uiff r.rr-7 ( vt. hr t.i f ro- 1 trrtitM if'A* arwu and nrtor </ it' 'CtiVrj. We reh'nv? | ovi r, 'pilio easy upon this [until. What w diploic u, il-.ai i ivtliz <i nation should in Ibis century formi wl?ai i I du? i Use f <r n' t toothers. AnyH iripy : poo| I. wie.ld t blush to set a- Urn Atn. ru: u fun scleii ibrcughcul tin* I nihil". :i would liaro tHcnoCoiel lit tiro, ol d j i.ot itelayrd t.i'lie ! i t moment, whoa .in armada w as i n | llA|H aye; and. II' tlicn given, M-ijr Mi-i.iter who cool I I hay u written vuii u dospi' [< h as Unit of Mr. M war.I ooulil not lor in: tiioiuent have claimed tli?j confidence o. his countrymen. Die rinancm of the 1 ntnn. KMJMoU OPINION OP MK. ITIA.-K'S I l.'KA - IT. V J ri.ANS. (From tho I'dhVm T ?t (?;' *;er.iment organ], Jan. 13.] The mwyiM/ itilelilgi ncu iroui America n 11 Uio moat itnnoriat.i kind. Th" lotting I. ult- tlra,uglM*.l the country h ivy. we aro totd, suspended sfMcin peyiu'iita; a* a matter of course, tbo rest will spccdliy follow their i- xatrI'll", lln I nM .'tuMli Trcwuiy liM abm impended ijiery pnyo eutv Vfv fjrthor loam that,although the intern.t "it the p h:i< debt doe on ti:e 1st J inuiu y, will bo |?id iu npt.ao, the demand no tea are no lung or | redeemed, and thle we have long since wnttcip^et* 4. I Mr. f bnee, It will l>e recollected, in bis r'ctnt repent, ' calculated that the coin In the federal .Ttalee amount'-d to about tlxty millions sterling, ond flatlet ct lilntiieif that this S im might b made available without the [.ayin"ut of interest. one mode of electing tb.e would have b<-*u tho creation, by government, of a paper eurrtucy. To this plan tin re were, however, serious objections The hanks at pr. a*nt eupp'y the ra|?*r currency of the dtate, an I ih? govern moot <ould only Issue uotus at the expeiuM of the banks wL'ice profits woulu b? correspondingly dinnninlshid. It is to the banks, however, that Mr. ilia so has looked to aflbrd tho iiuineiise loans on w hirli the war with the rfouth M to i,(, carried on, tlie general public h.ariug < vlttrsd Meager. ne*fl to beimme nailonal creditors, anil t< rolyn capita a ts having positlve'y rolnicd to advance the desired mure. The impolicy of mining thn barks eetwcquen'ly prey, tiled the establishment of a notional pa|>or currency. A not nor means, however, remained opiin to Mr. Clin w, of mo king available the float ii.g capital in tlie ftsierai Statu*. Thia 'oiMuutod in allowing tl?o pi ivatf Uauvnf note* to cotiilnu?, but, at Ilia Mim tlmo, t>> cn?ij ?l itw bai.k* to support tbo nou* *4 by a propo- t.oimfe amount of gortrnmetit *to< k. Tha apia-tnt iliua grant- <J to the binka would anal-la tixon to Incr-.n*# tlio iaaua uf thatr not'.'t, and would at tho aaiiia lim.icroata an iiinaal demand for govrrnmant atirk. Hut, at too ?*m*timo, It* tandant y would aqnallv be tonwa.-pont of circulation the currant r-In. Ihla l< * nowariuncr fcappoae . Pa. mentals ?;>a<-i*havac*?so'i at ihaprit?<?i|>?ii baokaand at llKTroaaury of the State. y? tfhtrwonii, iht gr**rnm'M h i'* otl rg h had ? f / tk? font; atyMecI nirivrTrf*1l'P ft"'"*!* 'i " ' Tharurront iniaota and 1 i?. an \ the c-mot'y tuuat henceforth ?y .* a <y with?paper. tt la not tha Oral t r 1* i < tf j bi?u> yoft! <> wj* ?,1 that a [DAY, JANUARY SI, 1862 Stale hw endeavored to support Itself on en Inconvertible currency History tells us with whst suooass the experiment bee been heretofore attempted. Nothing in the present financial position of the federal State* leads us to suppose that there the result will be any different. New (hat bullion is uo longer given in exchauge for paper either at the bank c em lor or the Treasury oft lie, the chief support of the banks is taken away. If the Stale issues Treasury notes instead of cash it all ecu the banks in precisely the same way it would have done If It had at ouce established a national paper currency. Now, however, It may well plead noceeeity for tho course which It adopts, aud remonstrance will he vain. With an empty exchequer uo course remains but to iseuu Treasury uotea. The results, however, It will not be difficult to predict. Whenever ore in the country will find himself forced to bee' too the creditor of toe Stale, by the receipt of notes which at inconvertible, not many will press forward to advance the required loans. The banks will be |>er fectly powerless to do so. The array will bo required to he clothed aud fed, but for their clothes and food they will be only able to offer orders ou the Treasury, which cannot he jwid in specie. Then will commence d precis tiou, with all its attendant evils. But where it will stop it h> truly impossible to say. National bankrujicy is not an aijreeal.le ) respect, but it is the only one presented bit the existing stale of American finance. What a strange Utle does not the history of the United States for tho ]>ost twelve ntonihs unfold!1 What a striking moral does it not point. Never be/ore was the toorUI daid'dby a career of more rer.'.less extravagance. Never before did a flourishing and prosperous Stile make such gigantic strides towards effecting Utowni-vin. The Chancellor of the Exchequer on the War. MB. GLADSTONE ON PECKSSION AND THE VISIT OF THE PRINCE OF WALKS. [From the London Tost, jan. 14.] Mr. Gladstone laid the foundation stouo of a new church for the Episcopal congregation of St. Jantoe'J LeTtn, ou Saturday. Tho cyifniony over, be met a crowded audience in Uie Assembly Koorns, whero b? was presented with a municipal address. Mi. Gladstone, who waa received with loud turn prolonged cheering, and wip ing of hata and handkerchief# by the large audience, prooeodod to address the meeting. In the course of his speech be said:?Permit mo to say that, with one oxcoption, to which I may advert, it i.? also the happy lot of Ureal Britain to stand?so far as 1 am at least utile or may presume to judge?in the the happiest position, In the beat relations of auiity aud go-xl will with the other great countries of tho world. (Applause.) Of course when I si?ak of one special kcase? which 1 do not speak oi' us an exception, because I ain justified iu saying tbat wo still have relations of good will, and I trust we may have relations of strengthening good will with our neighbors across tho Atlantic?

(choors;?yet of course I refer to tho recent auxioties with regard to tho relations of this country with Amorica. I heartily v. ,#h it vere in our power to exhibit to tlio comnaiuity of the United States the preciso and exact state ol* feci in;,' that lias subsisted in this country evgr since tho beginning of thai tremendous convulsion which now agitates that continent aw/ threatens iis peace and jrrosperity. (. pplau.-e.) 1 do not believe that at the tiiuo when that convulsion commenced, there was one nmn in every tho. sand in this country who had any sent::: ml wh. tor r towards tho United States of America except the sentiment of affectionate and sympathizing good will?(applause)?or who felt auy thing hut a desire that lhey might go on and prosper, and finish the.work, whatoc ?r it may havo boon, that Providence had appointed thorn to do. (Applause.) Sir, I have not tho least scruple in saying ior myself, that my opinion is not ouiy that England had nothing to fear from the growth of the United Stale* of ? i''ricot but. that, at far as uv had a offish interest at all in the ma'ler, our Merest was that the Ameri an Unn.n should continue umliturbed. (Applause.} Our forefathers had known lis pangs of national dismemberment. This gallant country, af tor a long struggle, had submitted to what llrey then regarded as a g. eat calamity, but what wo have since discovered to bo, under tho oircumatances of tho case, no calamity at all, but rather the acoxapli.-hraeut of a normal process of uat ire herself. (Applause.) Yet, though universal good will was the sentiment which prevailed towards America in this country, we could not help forming an opinion upon that terrible and frightful convulsion when it occurrod; aud there is no doubt of the fact?! am not prsiendiug to reveal secrets or to be an interpreter of public opinion moro than any othor man?but there is no doubt 1 think of the fact that tho thinking men of this country did como to the conclusion that in that war to;, eh had uiiitii wed the party which was apparently the stronger had committol itself to an enterprise which mould prnbat hj ] rove to be entirely beyond their powers. fChs-rg.) Wc saw there a military undertaking of tremendous difficulties, and a Military undertaking which, if ?'< could be successful, world only be the preface ami the inirottucfion to fiolitical (tijlirutUm far grmter even than the military dijfit nitres of the war its tf. (Applause.) Now, 1 am afraid that wheu titi.i opinion caiuo to be preva eut in Kngbtod?the opinion that this war was a war to bj lamented and to b? deprecated, and likely to result in great mis *ry, groat elt'tsion >( human Moot, enormous waste of treasure, permanent estrangement and bitt?rueP8 oi feeling?1 am afraid Ibo formation o that opinion, though It was conscientiously formed, pare <Pep offence i t th peojrle, or tr many per sons at least,in the United States. Well, there is a ) doubt wo know that in private life the tamo thing constantly liappcus. it constantly hap) ons that when-', man is engaged with his whole heart and soul c;Ou seme enterprise that he thinks vital to his woil being, and when some other person is kuov. u to have said that he thinks tint enterprise had much belter not be undertaken,great offence, grout irritability, great susceptibility is the result, and a state of th lugs arises, in spite ot the Inclinations of men theinseivos, in which there a predisjiosition to quarrel and to contention. I believe that is a true and fair description, on the whole, of the -dateof things between Ingiaud and Ame. caat the'time when that which is now so well ku .wn as the case of tlie Trent affair occurred, and produced so profound a sensation In this country. When that ciao occurred 1 need not say it was the duty bi the government to use lluir very best jkOriioLS, uunvu hii auu ueiuro mi, 10 examine rtie fact* and the law of the rare, befftoee if wo had be<iu mistaken lit our viow Oi the fuobi ant the law, i It nd that whatever our inclinations might he to maintain tl.e honor or our country, our first duty is not to distort ll?rl*, hut to pey strict obedience 'o laws, aud . ais-cially to those laws prevailing between naiiui and DM 0D, the creation of which is 0110 ol the grandest results of modern civilisation, and thu msinti-uaure of , which i- a vita! necessity Tor every jample in the world, (theeih.) But hsviug used the host oxort. ns in our ( power to inform our&elraa, we made the demand, wo madu tho application to the American got nn.out, which . is kn >wn to the country. You all knowalrothe .uccess , oflh.it application, (Cheers.) Now, what I earnestly , hope is, ihat w<1 shall take ill good part tb < comes j sion that the Americans hare made. rAppisi.se.) Ixm't , let us be lemitel t" criticise in an unf'iivd'.y r*nr\t any , jiorli' n nl their jn - enlimjt I o. h ips if itioro is any one individual that might be tempted to criti cise their proceeding it i . ibu (.buniellor ot the hxebe- ' pa r. (1 slighter andchoe s.) I hear some people say, J Wiiy did they cot give up Hew*. Mason at I ,?lido!l at | once, wilh' iit waiting for ih* deuiirid?" Well, now, I th.nk I am tho |htswi who navd porh?ps the host tight J toput tlvil quest ion; because. onduubted'y, i ihry hid '.iron up Messi* V'aeoo and Hid''!! a/ oec, wi'Aoid ait i / .'?r c .rd'isuiinl, it i?o?M hurt savnt all tk* <ari"iit or jtiitmeru of the State a great it-aU.f trouble, end ii umibl ' (M'tluf m t? jrte-irU at the b"e rf the fnun-.ial year a balai.ar. heel o.-v *s.i<ftuicry?(appl.-ni-'i-y? ' than porsihiy, tbi ugh 1 do not d spend with oiprrt to it, ( but c-rtaini) more satisfactory tha.i po.-eibly may now be in my power. (Appla-'so.) U it I hope th.it (ueetioii wii'to" put?I tr- st no such ucoftion will ha put?I J tri st uollmv will lie raid and noihiug will he thought ia this country ..ho .. previous pir.Uoiia aud the old c ntrov tvi * w to ihe Ame;leans, tlluar.: car.and apple im.) 1 o' iw endeavor to loolc at their conduct ill a generous ' . ... H . I. fr, .....I >i. nl., , 11. ,. .i,...... thi* war Ian: L.ecc?.?iirily, 1 atn afraid W" have forme 1 ' P cmiA ii-ii iui s..v, b-'t I ;?m aft aid tbut < r necegsit' ii . prnd> ta . > isoupttblllly iu tmonca. l?o uo? l, t u> add to ili.r o, !!>tibi!ily' > Ind ilglej; i ar.ytlii: <, ti nt we , can p - Ibij' uv< i*i, and which :u <j becum a further oji -K Oi nutation. (Applause.)- I.H*> !' ?.,l-uia a-.J ' ' uthi. n,a' tk* bril/IU title > / 'A' whirk the. Am no ru > dimr. oauredlg e L> t( '<{ s?> ilia > ( go \ 1,'uk'oth' hu r.'trl u ht-H U I'r.ncn t>f IIVI < (ipjir 'nd in tkt (' ii'"' Vr'e 'I Anfri'.', .irri v kit it'.. If.'n Iho | i. 1 j : '? h iM.'trU th *wri t ,iepol I.rfimal! pa I* >" /;< " /?? ; net. on? ii r? Mmi>i- . < ? 14 n.-vtiyj r *r*U:ig fi'M (he depth /'he heail as < ifl'i ..a vet jinlii" h 'ftp jitrli-.-iHofthr 'mo.h I 4 f i i.p Qata. (i'liuem.) Iwt ii* look to t!i<- fnot that i thny ui of nta.es*. ity aipeople subjett to tin- i|iii< a ] and' vehement ucti " ci opn . n, I .hi. to groat I J. .? ?* i-vit mW, Ir tor-aelf u^-r upon the gubjort it th-r w <f i'i which they arc engaged naturaiiy raped t<> a high pitch oi exulUtiou t.y hearing i tli.it on '.f their ??; ?'? of war had let hold pou i the cotiuui-i ionern of tit Southern St. (oa, whom iliey ii'Riiriicd nimply an rcbais. I.et u- look to the i i.i. i that la (to mi .-ii i that < rotation. and , aeoiuitiy i where tli print iplog of pop'iUrgoi.mmec'. an 1 of demoera v are Carrie ! to extreme that e ven there, In ili.a i tale of iruKiihi for life and jar lopib a th y tliink It to 1 1 that even the , white ebuliili,* worn taking pi' o.t* i IIOTW ;h" cn'iniry "I i?y and WllltlW at (his enpmi i ih?t evt u th>.re, th * pop ila and this domccre.tic c government h??, uluior tin demand of a I'o.ugu 1 ower, v;: Men thoi words?for they ore iho cIokii g words iu l despatch of Mr. Seward?"tho fbur cotuhiieaiouurs will be cheerfully liberated." (I/>,id choc. .) Let uu take thene wortln. I cay, wlthmit mlirito cnieu-ui upon any tit ag (hat may Uavo pa'ged at l?imcr too a, Mod . i:i?> liuvo bcou open to ? dilTcrutioeof el'-w. Iwl i a accot t tVotn with tnankftihie'-e to Uie /Min.ghty for liaving I roinot Inn apparent oauao of doutl; eolllil n, In which 1 the henrta of tho people of this coinitr; were united hs i iho lie rt of one man to drieud, iu all olroutusUncen and I to nil eitrenntiee, iho honor of iho tiriiiaU Hag (chea.rf, nud to dbchnrge iho duty of prohutjrn to th one who hud placed tliemaolvea t. .Icr J iti shelter. (ClieerH.) Iwt ng form for the future, ?l i anyurlet trr.ro that which now Monde iinoug the records ! Ol IUV Inwi. ??' ""I"- III'MOIII inuauu, ui ' whatever troy y t arm to be adjusted in tbo,e re'.atl >ns I b?'a?fi tuc two count. u>a tvb.cb, nflbrding n thousand i j*> uti cfowitaet every day, ni at necessarily likewise < afford pportnniti'a of collision?let ua hope that whatever may arias, or may remain u> bo adjnated, a spirit of brother/? mcrd tniy prevail, snd that, ti?..tber with < tin) al>?i(M.aiti'<ai tu osMrt oar rights, we may lie prompted i M dhsftah tbs dtSposJtlM to ii.t'Tprst hand* inely and < illy tfc? actaaud thelutcntioa* ofother*?irh; r?)? I and to avoid. If we ran, aggravating lho frightful evil* of i thnclvii war id America by the p?rba,>s oven greater I ar|t*?at any rate the enormous evils of what, though not a civil war. yet would be next to a civil war, In a conflirt botwton America aud hnglaud. (Cheers.) Mr. Pro v>?t, Iwnitd not, appearing boT>rs you oo this oooaaton, a.jd peiking ef tho lu?t t?y state of this country wuhin, iiiid Ilk vise of the j*p,>y condition of Ita rotations with foreign Power*?I could not avoid referring to thia tkui of such vital lutcre*t. The Hec*i?tlof? of tlm It - I?I \f ai? A gaiwralaxpoctailonhad i eviM n- . W:4 .> . um Mason and t-'IMell would ai nve ai J in th? steamer America,and there was 10;, 1 i.,.a p pt-.. >t that ruch was not tbo caa#. Pend ug thatr nraival the pr.iittoni s ,t? , 'i <r <fe g ali''Tntn continued to vre?ly cat.va-v t, 11* .. \ u I generally, to prevaat anything like a demonstration in their favor Placards were posted all srer Lirarpool catling m tts prople to take no not** <f tkme rcpraenlalint* of the Southern ifciaduMw. Una placard says If uotios is to bo taken ol them, let it bo such aa to mark British sentiment in regard to the fugitive Slave law. The London Herald comce to the revue of Slidell and Maaon, and dcnouncos the Journals which have calumniated them. It says they are gentlemen of the highest position and the moat unblemished character, and aa to their being slave owners, why Washington himself was one, and some of England's best friends are slaveholders. It claims that Mason iind Slidell are entitled to !>e received in England with courtesy and honor, as mon of the highest distinction themselvos, and as tho representatives of a gallant, chivalrous and friendly natiou. Kngland on Neutral Rights. Bski.ih, Jan. IT, 1S02. It is rejiorted that England has no objection to examine the queation of guarantee for the rights of uoutrals by diplomatic corresjiondence, but would be opposed to a congress on lbs question. The "Stone" Blockade of Charleston. [From the Paris M julteui, Jan. 12 ] A Tooling of profound regret and indignation has boon aroused in England as well as In France by the vindictive act of destroy big the port of Charleston. The Blockade of the Nashville. WHAT THE KNCL1S11 OOVKBNMKNT THINKS OF IT? BOTH BKLLlliKRENTa TO BE TREATED ALIKE. [From the 1/indou Post (gorernmeut organ), Jan. 13.] We have escaped from the position of beWgerenta towards Ainorica to become tbe neutral spectators of American hostilities carried on at our very doors. For a considerable period our attention has been excited alternately by the arrival of fedoral and Confederate war steamers. These hostile vossuls invariably sot-It a mi of maritimo Alsatla in Southampton water. There they in turn rollt, and their crews lake tlioir repose in short intervals between the excitement of semi-piratical enterprises, still unhappily not indefensible by the law of nations. They sorvo to remind i s a- mewliat of the Ditnisa sea kings ofaucient days, with tho ini|iortaul distinctl n indeed, so far as we mo concerned, that our coasts a. e, not their prise, but their common refuge. * * The Nashville imprudently remain* here too long; the intelligence thai she is refit .?ng from stem to steru lues to America, and. quick us lightning, out comes tho Tub carora to make up for tho shortcomings of the los.- vigilant James Ailgsr. The Tuscarora catches the Nashville napping. If the .Southern Captain had exercisod ordinary foresight he woul I have been uuder weigh within the time at which it would have boon possible tor the fedorifl govoruiueiil to have sent here another ship alter the news of his arrival at rvmthampton had rsaohod Washington. The Nashville carries, we believe, bit two guns, and the Tuscarora nine. The Yankee Captain accordingly anchors in Southampton water, just two miles below the graving dock, In which ho liiuls his enemy: and, bung- obliged to respect our hospitable neutrality, Is content to blcckudo her. His end would be, at all events, in part attained, if he could p.event he;' from doing more mischief. Thus tho Nashville remains in dock, and tho Tuscarora keeps a vigilant watch upon lior from her moorings in the river, for the NathviUe to meet the It'scarora atone tn an open tea mould be to encoun ter the certainty of yoinfto the bottom. hi this stato of things tho Xashvillo had three courses before hot. the might endeuvor to e?ca)>o the Tuscarora in the dea I of night,or she might wait until ihoex]iocted Sumter hove insight, and then boldly ste^m out, in doUaucoof the Tuscarora; or, thirdly, she must lay her account with being blockaded during tho reranindor of the winter. The Tuscarora guessed, and not orroueously as it seems, that the former was the course on which tbe N'ushvillo hod rosolvcd. During tbe last fbw nights two oflloers and three men belonging to tbe former vessel have been found by the superintendent cf the dock in close proximity to the Nashville with a dark lantorn unJ combustibles. The superintendent appears,on the flrstoccasion, and not without some show of reason, to bavo taken them at the outset for political incendiaries, and to hare meditated giving them into custody for intonded arson. But, although their ready explanation was doubtloss the true one?that they were there simply to ascortulu whether the Nashville wore preparing to leave the dock, and that their explosives were to bo used merely as signals to the Tuscarora? the superintendent did but Ins duty in ejecting them,on the ground that tho dock was private protvrty, and that thoy were infringing regulations in lurtnng there, r.mid so many circumstances of suspicion, after nightfall. The authority of the American Consul at Southampton was iuvoked, and that gentleman appours to hare indiscreetly lent his name to a transaction obviously quite indefensible. Thero Is no doubt that this conduct on tho part of the Tuscarora was cf tbe nature of a belligerent incident; nn-l we submit that her twicers hatte no right to act the part of *)*iet in our dock* hoard* an enemy with whom we preserve the .arse neuttality that w exhibit (nivai d* the Star* and Stripe*. On Friday rooming, however, both tho Nashville aud the Tuscarora had their steam up, and it was ex pee tod that the former would steam out to soa with the latter iu chase. The fires of either, however, died out, and with them the uxciteuieut of Southampton. Not many days ago tho Sumter put into Cadis with the crows of threo lodoral inorcauli ? vessels which ulie had sunk. It Is stated, pe.haps without sulliciout authority, that she hus now again left Cadiz, aud may daily be expected at Southampton. She is said to carry twelve guur' r id a complement of one hundred and forty men. I oisib'y on her ft; si appearai.ee iu the ofllug the Nash ville will steam out of dock : and tho Tuscarora, should she pursuo, will then lie caught between two tires. (Mi tho wiiolo, the position of tho letter is perhaps not at all bettor tliau that of tho Nashville; for If,on llieolbor Iianu, out* oumiai ?uuiiiu m. iiiuuirn iu uio river, l in. iusoarora will be blockadod iu turn; unless, indued, nut is equal to both antagonists together iu open sea. The i.iUiculiy iu wbi li each vessel Is placed is ttuii neither, us a fugitive, can ro:y on so outstripping its opponent as lo gat boyiind too roach or its cannon shot within the marine league from thu shuro which is the boundary to >ur dominion, and consequently to th-ir inaction. If, however, the .'>'imter also is really bound for (Southampton wtHer, and ooth the Southern vessels, followed closely by their uutagouisl, will steam out to sea under mu;uul protection, th': is every probability that some of .j will witness a naval action off tho coast of Ibe Isle of iVigtit, and from tho elide of Heading. It is not to he niagincd that both the Noslivillc and Iho Tiiscarora w ish o remain in port throughout the winter it they can rclp it. it must at any rate bo acknowledged in America that re are giving fair play to either s.de. Wt do not altovu a ,r tin <>J partial>ly to /all into either scale in meting out ipialjustice h lr<h jx'riiet. Wo have rofused, on the one isnd, to allow the Nashville to Increase her military puirtucnts in tlutie ports, aud wo have interfered,on the .tlior, to tireveut tho crew of tho Tu?carorn from acting is midnight spies upon the Southern vessel in our docks, rt'o do not scorn liable therefore, at all eveuts, to the itn i>i,lat:on oi being partisans. Itidcod, we neod Dot say we mould infinitely prefer thai our ports and harbors I. old lie kept clear of bjr either belligerent. Of nurse wo please neither |>arty, aud probably we oiicouuirr a pretiv good round oi alter-dinner di*puragcm< r.t in tlio in ssrooms of both vessels. Tho Southern priva :e rrs are doing a: this inoinuiillho more deadly exo. uti'-n, hit, us they are nimble, undor the E iro[Hjjn law of prit a oaring, to procu.o the condemnuth 11 of their prizes in my < ourt of Admiralty on th.s aide ol' tho Atlantic, they trc rvlucrit" the harlerjut neetuilft ot tiunnngth m nt tea. I Power, howecer, which lieu resorted to the extreme m ature ef destroying the hi/bcr ofVhnrleit-n will not in future ( tee much gr und for dxlaiming againrt the rigor of the nariiime policy of it:- < )']*,? ntr. Hut for ourselves, we car wo mutt ondure the nuisance < f this sruotlit-iutl war arc in oar ports a < long as the two bellu^r-nlt Choose to j>ic' i'i on 11? the visitation of their prestio*. Ilovrinents of the Itctjcl and Colon Htramcri. -outhamptao (Jan 12; correspondence of 1 .on don I'ast.] ! 1-. generally expected that the ioderul war sloop fnsa ora t> visit here will now he vary limited. Tbu object l lie; niing bcr , for the purpose of capturing the t.'ournderute stoau.er Nashville, and the probability of nil .11.,i|(< uicut ill our waters, has been entirely picvented by the course wlticli tho government lias a opted. Captain Craven, the commander of the I'm carina, has been ollloial-y informed that lie will not be: liow 3d to make any in-stile movement, that the neutrality of tlae port will be stiictly onlorced, and that I'loJhl the Nashville take her doparluro Drat, Lhe Tusearoia will not be porniiViod to leave her mooring" nutil twenty-four hours a. on wards. Captain Craven aas, it is said, Intimated to Captain Patey, the Admiralty a ..eul licit), his intention* to abide by theae nrtiers of tin government; and ihe same Instruction-' lutve been omiuuiiii at"d to Captain i'egi nm with re ai d to ths Nashville, who has likewise ss-etuod to the same. To pre . out any att. mpt on the part of tho Tuscarora to it do lite deioanda made by the g 'V rumont, the I auntloss, which ins oil .Sstiey Abbey,aliout three miles lower jo.,ti tho river, has been fully manned and epilpped. no lias orders to keep steam up, and is brought to by s spritjg.cabls. rcaoy to prevent any act of aggression on llie part of the federal vessel. It is also arranged that, -Lai r m cessily require it, tho Dauntless <au rigual the Warrior, which vessel u lying oft' Osborne with he - tires bankod up. A gunboat has niao been ordrrod herefrom Portsmouth. It Is not supposed now that there will be any moro \ Isits to the docks by iha crew ot the lu cei*n n Iir nf A I.UIitinilfll!i.? llf tilO OXcitflmfilll w llinll li:??4 prevailed horo duih.g the luat lew dey?. II ie said that the Tuncarora la very badly built, that her guns are too Urge u id heavy tor a vessel of her hiim nit etaaa, there not being room to work th t r pari) *he la very leaky, and tho uiun arc obliged to be kept at the pump*; and it in tao upm.enot tlmae who have visited her competent to form an opinion that ah" will not be ihle to stand the chock from such heavy metal u she xirrloe [Prom tho Liverpool Poat, Jan. 1M Tlie Nashville is now nearly ready for to*, atid there la wine difficulty hi filling up hor crow, bar Majesty's st tnmshlp Itauntlesa keeps ho. ataam uj>. Hie comuiand?r h.ia roliirnad the ofiiciul visit of tL* captain ol llio feilernl frigate. Tlio ahort crtllso of the rtlior is supposed lo havo taaen place aftor a v;?lt from the avcrei iry of the Aim i icon I jiiliaw-y in London. TUe Tneenroria Talua a Trip. [Southampton (Jan. 18) correspondence of Joindon T me .1 Puhlto curiosity received a frwh impels thi? morn ing. when it became known that at daybreak he fmhral aloop'Puacar.ra hud left lier taooriu^a at the mouth of the Itch on. where the has swung since hor arrival tore i.ost Wc lt.o6day, and was su to be moo. It auba /tueutly trauspirod that, for florae rc n : tMtc-l<i3cd,tstte b id '' oed down the rUer on.t t i ion about a ti . 't??o / ,u, 0f |i,0 ii,- rot i v. ? . ta- ... Mo Ame. maa to* t |f>u in London . ? .. ?n, M(t v "lit on b"sir , tli'i'l'i irorn. Allot. r vnii had aivt.viga itlt tl.o i?t a| .. I'm, ' , iii.bw i >s , ,i, . .i. < 1 .V1' u"' ntlug <?nl(itt b".; J ,? * r'\t> v -i t .: ? n tg abo-.4 t ' x. , \ I 'I - la understood tbat this was only for tbs purpose of giving steam to the donkey engine, to try her maehinery, which has beta overhauled during bar eqjouru in dock. The vessel still remains at her berth. Her Majesty's frigate Dauntless la fully equipped fur sea, and keeps steam up, readv to start at a moment's nottoe should circumstances call for it. Home 200 seamen have joiued her from P01 umoutb, and she is now manned by a total, including oil iters and crew, of ab.Hit 300 in number. Her commander, Captain Wilcox, went oe board tbe Tuauarora yesterday to return Captain Craven' oiticial visit. Livbrpuoi., Jsn. 17,1362. Tbe Tuscsrors, after a day's absenco from Sou thump tou. during which abe atcamed tlirougb tbe Needles, bas attain returned to Southampton. Notwithstanding tbe rumored sale of tbe Nashville, aha continued to fly the Confederate flag. No sale has bees registered at the Admiralty. British Stamen Guarding Southampton Docks?The Artillery in Hnrst Castle Relnforecd. [Southampton (Jan. 14) Corrsspendenoe of London Times.] There is very little to l>e reported to-day on the subject of tho Nashville and Tuscarora. lu tbe after part ot Monday the Tuscurora, which had dropped down tbs river before daylight in the morning, came back to h* mooring* at the mouth of the Itcben, where she remains. r?u lu'n rinoui una ituteu piac* since wild euuer ner or the Nashville. Her Majesty's despatch boat Argus, Captain Wincroft, came up from Portsmouth yeatoriluy evening and anchors d off the entrance to the docks, where she still lies. A guard was sent ashore from her, with orders to keep watch at the dock gates till midnight, when they were relieved by man from the Dauntless frigate. Relays have been kept on duty during the day at the entrance gates and in different parts of the docks. It Is stat ~>d that two hundred and fifty marine artillerymen are on duty at Hurst Rsstle. Every precaution has beeu taken to prevent any infraction or tho law by either of the belligerents. The Sumter at Cadlt. ACTION OF TDH AUEKICAN CONSUL AND BPANOT AUTHORITIES. A Madrid telegraphic despatch of the 12th instant aays that the Amoricau Consul had protested aga ust the admission of the Sumter into the Arsenal at Cr.dis to repair damages. Another telegraphic despatch of the 13lb instant says that the Spat i.-rti government had given orders that the Sumter should be watched In order to prevent her taking in arms and ammunition. I From tho Moniteur de la Flotte of Pads, Jan. 12.] We remark that since tho Sumter has LoOn spoken Of in Europe tho majority of nows|>apers, sad oven those most favoraole to the Confederate States, designate this ship under the name of privateer. That, in our opinion, is not correct, and may give rise to false interpretations as to tho conduct to bo held with respect to that ship. From the n.Jinont that tho Southern States are admitted as belligerents, It is evident that their right to create a navy cannot bo contested, and consequently their right to arm trading vessels. Tliis is precisely tho case of tho Sumter. She is uot, in fact, a trading vessel belonging to prlvato individuals which has received letters of marque as a privateer. Hie is a ship belonging to tho Confederate government, and is commanded by an officer holding a regular commission from President Jeflfetsou Davis. The Stm'.er consequently foimx part of the naval forces of the Southern States, and in that capacity sho ought, in our opinion, to enjoy the tame rights and privileges as a shipof-ivar in the (Kiris of at least such nations as have acknowledged the Oonfed -rato States as belligorents. We may state, moreover, that the newspapers now appreoiato tho matter more justly. The English papers now declare thai tho Sumtor is not a privateer, but a ship ofwar of the Confederate Status regularly commissioned. [From Mitchell's (London) Stoam Shipping Journal Jan. 14.] The admission of ths-Sumter into Cadiz is, so far as il . good, a direct acknowledgement bp Spain oj the South as a belligerent State ft may be more than this. There la considerable doubt whether the Sunnter should be regarded us a privateer. Her commander holds a commission from the Oonfedrato government, and it is stated that this ship has been rog lurly commissioned as a confederate war ship. If this be so, and that the Siianish authorities are aware or the fact, the Sumter has been admitted into Cadiz harbor on the footing of a Confederate cruiser, tho same way as a federal war ship?the Iroquois, for example?would have bnen admitted to the hospitalities of that port. The*federal government must havo found by this time that they cannot force upon the maritime States of Europe their view of tho secession movement, and that governments on this side of the Atlantic hare very distinct notions on the subject of the rights of neutrals, which they do not mean to surrender. The hospitality oxtoudod to the Southern Commissioners while at Havana, the interest display*! by the people and the authorities of Port Royal, In Martinique, in the recent escape ?f tho Sumter from under the guns of the Iro^uo,a, and tho subsequent admission of the Sumter iuto Cadiz, show very cloarly that England is not the only country la which the Confederates hare a recognized beliigeront status, or where thero is a determination not to permit any interference with tho admitted rights of neutrals. If tho federal government is wise, they will profit by the lesson which the evont we liavo roferrod to teaches. The Cabinet of Washington is not more jealous of the maritime rights of which they are profassed guard: on than are those roveramenta whose lawful exercise of those rights It has been sought to represent as so man; deliberate insults to the North* cru States. If the tedoral Consul at Cadiz thinks it necessary to leave that port because a Confederate cruiser has been admitted, and that he does so with tho sanction of his government, wo foreseo that before long there will uot be a federal consul in any oI the ports of Europe. the experience of Ike next fem months will, we hare Wile doubt, materially change Ike estiwete which the fnl'ral government now place on the acts of those toko, like the Spanish authorities, merely exercise a discretion conced. exl to all independent goremments by the mid qf interna, liana! law. Fraucti The French Journals generally compliment U?? Cabinet at Washington for tlisir action in regard to ths Trent affair. It was represented that the Emperor was making considerable reductions in bis various establishments. The Paris Bourse was steady, and tho Rentes were quoted at 69f. 20c. letters from Paris revive tho report that a loan Is cortaiu, and it was represented that governmeat was raising the price of rentes in order to prepare the market for its issue. ihe Mnr.iteur denies ths report of an imminent rupture of diplomatic relations between Prussia and Deum irk. Italy. Tho Pope, in announcing to the cardinals that Russia h;ul consented to the re-eatablisbmonlof tho Papal Nuncio at St. Petersburg, said he hoped this fresh concession on the pert of tho Emperor would bo the signal for othors in iavor of the unfortunate Polish nation. The Popo further announced that ho had requested of tho Czar the liberation of tho priests confine! In the citadel of Warsaw- and the release of those sent to Siberia. In the Italian Parliament the recent disturbances at Can lellnwerc have boon debated, and ccnsuro was cast on tho government because somo of the rioters were shot without trial. Parliament, however, deferred to express lis opinion till the official report on the subject was submitted. The Turin pv-ers publish a spoocli of the Prince Royal on the occasion (X tno inauguration 01 a local socieiy, in tbe course of which ho sold "Italy ueods to bo sure that uu tho day of the struggle she will flrnl a aoldle. la e\ ory citizen." lions. Clilgl, Pupal Nuncio to France, hrd left Heme for Paris. The amount realized by the subscription* of Petor'e pence U a *09,747 Roman crowns, besides objects of great value. Pnwslsi The Prussian Cliambers were opened on the 14th inst. by the King in person. Tbe stieoch deplores the death of Prince Albert; ssys tho budget will show sn increase oi revenue, which will serve to dimiuish the additional credit required for military reform; rejoices st Uic happy Issue of the Anglo American difficulty rays his interview with the Empe.or Napoleon hail , uced tho friendly relations bctweon tbe two countries upon e more intimsto fuoifcig; that he bad entered mi . oaO'lcnlial negotiation (conjointly with Austria) < ;u ths Danish government in reference to the duchies, end explained the government programme ia a military, naval and commercial S'inse. Austria. Count Rechberg unexpectedly arrived 'n Vicuna from Venice on the 141 h instant, and had a conference with, ths Archduke Usyrer?after which n Ministerial Council, wis hold. The representative* of the grant lowers subsequently held confereucas with the Minister cf the Ulterior. ?- . ?? CW ?%*cr?n V? Both booaeeof tlic Federal Assembly w>re OfNMd o?e tlio 13th. Tbo speeches of the tero Presidents chltfljr rotated to the political situation of dwitrorhnU. Tho Preti loot of Ihet'ooaoU of the Stetea regretted tl-e rocoot conflicts with Vrni oe, hut hoped thai the rights of 3wltsorlntid wwld ho pTce? rvct, cepecVaSly In the question of lLo Vt'ioj of the Ihippes. Vnland. An off-1*1 proclamation had Ueoo tamed at Warsaw, Stating that M. HiMobuei'kl, lor hn> ittg illegally cot voltctl theC'baptor of lue Picccee, an.I fot having arbitrarily ordered ttou clo of ti e chi.rcl.oi. has barn condemned to death by 'gwrt martial; bt.t that tbe Kinpcror, taking Into consldeyation M. Plalobrzskl'a blatnoieea conduct lit the Pol tali Insurrection of 1S01, nurt the roquost for mcy. cy wbh a bat bet-n prci utcd to blm, has committed the | tutors of daath to ot.e year's Imprisonment in tba i for',ress, tbe prisoner rota.nlng bis cccl- siaslteal dignl'li An I . ,'o*l?l decree rupi rc*pi a liio D< par Imont of the ri'.ii cf the l.mplre for Pol.?h A.'UIrs, tbe appointment i I . U

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