2 ARRIVAL OF THE ASIA. OKE DAY LATZ2 F2C2 EDBOFL England and France Determined to Cuforcc Their neutrality. IMPURTANT CIRCULAR FROM EAKL RLSSELL. Belligerent Vessels Excluded from British Ports. The Privateer Nashville Afraid of the Tusrarora and Refuses to Leave Southampton. Admiral Brnce. 11. N tn flommander Craven, U. S. N. Manchester Proclaims Against Intervention iu America. THE SUMTER IN THE MEDITERRANEAN. I Spain Repudiates an Austrian Sing for Mexico. Austrian Dentin elation of Napoleon's Designs In Deilco and Italy, Do., Ac., Ae The Cunard mail stoamship Asia, Captain Lott, which ailed from Liverpool at half past nine A. M. on the 1st, and from Queeustown on tbo 21 in?taut, arrived bore a1 half-past Tour o clock yesterday morning, bringing maiis, passengers and o<rgo. The news of tbo Asia is one day Inter than the telegraphic report of the Teutonia. off Capo Race, published in the n?nAit> last Thursday morning. The protracted inquiry into the state of mind of Air TV. F. Wmdham had at leugtti terminated, with a verdict that he is of sound m.nd and capab.o of taking care of himself and his affairs. The verdict was receive I in court with great cheering, and save general satisfaction. The inquiry extended over thirty-four days, and uo fewer j han on a hmdred and forty witnesses were examined. The bill of coats is supposed to be somthing frightful. , Tho projected British North American Association had bseu duly organized at a public meeting in London. The Association seeks to become the exponent of colonial interests and opinion in England. Many induential men had joined it. The new mini3trjr in Holland was .-mod as follows:? Minister of Interior, M. Thorbecke; Foreign Affairs, M. Stratenus. Finance, M. Beta, War, JL BUuiten. Colonies. M. t'pleubek. The French company formed for establishing regular steam communication between Franco and the Wost Indies and New York are under contract to provide eleven steamers lor the ervice. A despatch from London of the 1st February eav3 ? Twenty eight miuers havo been suffocated in Styria, owing to a hut at the month of the pit taking Ore, the smoke from which was drawn down the workings. The Loudon correspondent of the Belfast (Ireland) Sews Letter, in a letter of the 31st ult., says:? Mr. RiiS?? 11, the special correspondent of the London Time? at Wiub>on, is in such a state of health as to prevent bun from continuing to discharge bis Important duties as representative of Printing House Square at the "great army of the Potomac." Mr. Woods, the historian Of the (treat Eastern, to whose pen wc also owe the mag niflcent description of the Agcmcmtion in a storm with the Atlanta- cable on beard, and whose account of the great fight betwoeu Heeuen and Tom Sayors for the Lampion's be11 will long be remembered, declines to take the place of Mr. Russell, on the ground that ho has already seen quite enough of foreign s.rviee. In this dilonml, the duties of "our own correspondent" will probably devolve upon some parson atWashtngt-n connected with local Journalism It appears from the oC'cial account of the expenses of ho Spanish war in Africa, which has just been made up, tbat the total expenses from the 1st of Novomber, 1809, to the end of I860, were 336,000,000 reals. The value of provisions and stores on hand was 24,000,000 reals, leaving 212,000,000 reals as the net coat. The rat,on of each soldier cotts 3rl3 30c. The daily forage for each horse and mule Srls. 42c. The treatment of each patient to hospital costs 7rle. 39c. Foriy-six eteeiu transport* consumed 42,000 tens of coal, ben gat the rate of four and a half tons per diem fur each steamer. The cost of the shoes and clothing expend' U has been n.adego- d, Since the war, by the dillerent corps of the army. 20,732 cartridge* for cannon were < xj ended, costing each 43rls. 37c ;also 6 3382230 musket cartridges, costing each 36c. The tout number of deaths in the army, according to the On tho 30th ultimo, fifteen mil"? north of Uthant, the Uritish mail seamer Tagna. from Lisbon, passed a very suspicious looking srall?a large screw frigate, ship rig. ? *. fuunet abaft the mainma.-t, with pennant living. She *ai hove to under close reefed maintopaails, with steam up. The Tagus showed her colors, b-it she declined to answer them. St. Petersburg letter in the London Times says ? The winter ie unusuallv sevore in P.us.ia Almost every dey frozen bodies are found on the Neva. Three person? in a covered slcige from rousta it, with the driver, were all found on its arrival to be completely frozen, the buries having brought the vehicle on to the usual nhrce of stopping Even the stones do not resist the cold, and several srecksarewtsible U the Alexander monument, construct ed of rod Kin land granite The following lovtor from P. me of the 26th ult. contains the particular* of the Pops s lata illness ? Tho Holy Father has bean slightly indisp- sed. It was on Wednosd iy m< rnmz tart that he felt himself unwell Hie physicians then persuaded him to keep his bed. In the afternoon lie had a slight fever, caused by a soro, the cooeequenco ol erysipelas in the leg The fever continue; until yesterday. when it abated, and he was enabled to quit bis bed This morning he save audience as usual to his ministers and to other peraous. The Pope is seventy ytsri of age, and his health requires greet care, lb' ore on bis log becomes irritable trotn time t? time, and fever then unauee. Sevoral of the Paris Journals stats that a party of Mor. moos have recently come to Paris from London, and purchased a b tiding and some ground between Asnieres end Oourbev >ie The exportation of saltpetre from India, ?xcet>t to Hritlah ports, is prohibited. large gold Qel<l has been discovered is Bsutbern MebraKe. The Etna, whose collision with the ship Cheviot was reported per Jura, reached Liverpool from Holyhead on the day the Asia sailed, and would forthwith transfer her passeagsr* end carge to the steamship Edinburg. It was doubtful if lbs Edinburg would get away before Moaday, the 3d Water only found its way into the fore compart meat of thu Etna, the cargo was tbsrsfore not damaged. The Teutooie, which was to have left Southampton on the J?th, oely ree<had that port on the list ult., and would sail on the 1st instant Tho British steamer Bah.an i, for Vow York, wss to 'shVS Queonstown February 3. The Australasian arrived at Liverpool at three o'clock m the morning of the 1st met The ateamshipo Ksugaroo end Bohemias arrived et Liverpool on the 3d of February THE AMXHICAH WAR CRISIS iawrtean War VmmIi Shit Oit frtm BrftUh Port#? Karl RmmII'i Clrtiltr m Btlllprtnt'Eirluilon. [Froae the Load?a Oatetta, Jan. 31.] The following te oopy of a letter from brl Knieell to the l/)r1? a>tn?eiaewner? of the Admiralty ? Fortune Omcu, Jan. 31,HOT Mr Lorn*:? er Majesty being fully dottrmin^f to efcarwt*< ditfi-e of imtrihiy 4 iring the oxiatti'g hiatllitlee betwean tb? Catted Stater and tha Statea calling tbetnealree "tbo Confederate Ataiea of America,-' and being, moreover, reeo'red l? prevent. u far a* pownble, Ibe uee of her Ma leaty'a harbor*, pitta and ronat*, and the watere irllbm Ler Majeaty'a territorial Juried kit Ion. iu aid of the warlike yorpoaee of either i-ellige-e i' h?. mmandefl aie to com toun?aie to yonr lordahtpe, f ir y .?r guidance, Ibe follow Ing ruler, which ere to be treated e id enf ,rret ae her Mataaty'aor1a<-? and direct woe. iter hle/ at. luiib* toe- 'mnaad tbattbo.ee L N rules shall l<? pot in forte m the I'nild Kmgdom and m the Ctuwnri Island* on and after Thursday, the Qth day of fUmiaifi next, >i?mI in her llaiesty's tern oiv j an I y-uut sums be%otni Use seas six day is alter the day whoa tho Oo vumor or other ohisT authority of each o.'stich lor ilories or respectively shall have notified and pub llbhed Uio naiuo. stating in such uotdicati JO tliat th > said rules, are to be I'hoj e l by aU pe.sous within the some territories and i>os?cssioa&. 1 During the uontiouance of the pi tment hostilities be" twoea the government of the I'uitod States of North Auirioa and the States calling themselves the C-onloderate Stales of America," or unit; Iter Mije ty bhul otherwise order. ?... Jkip of-utir or y i .lUer In-ooping to f*tk<T of the beUhgerents shall be permJtnl to enter or remain in the fort oj A'as -tin, o* m any other yart, roadhciid, or irafrs af the He,ham i Island';, except by special teaie of the Lieutenant Ooeernor of the Bahwa Islands, or in ease of stress of weather. If any such vessel should outer any bi.ch port, roadstead or waters by s;?oui teavo, or uudoi stress of weather, the authorities of the place shill require her tu put tu sea as soou as possible, without per nutting hor to take ui auy supplies beyond what may be necessary for her immediate use. If uf llio time when this order is first notified iu the liahama Islands there shall bo any Buch vessel already within any port, roadstead or watersof those mLands, ttie Lieutenant Governor shall give notice to such vt sscl to do|fsrt.aud shall require her to put to seawillun Buch lime as ho shall, uudur the circuMtstaneos, cou.-ulor pro per and leasouablo. If there shall then bs ship* Of war or privateers Ik-louring to both the said belligerents within the territorial jurisdiction of Iter MojtMy in or near the same i<ort, roadstead or waters, the Lieutenaut Governor shall tlx the order of time iu whichsuch vossels shall de[>art. jVo nuh ve-sel of edhe, bellsyerenl thaU be jiermitted In jiutto s~a nnlil after lite atpirvtlvm of al lend twenty four keen t from the time token the last preceding fate! of the other belligerent (whether the same shall be a ship-of. war, or privateer, or merchant ship) which shall hire left the same port, road-lead or waters, or waters adjacent thereto, shall have passed beyond the territorial jurisdiction of her Maje-ty. 2. During the continuance of the presont hostilities betweeu the government of the United States of North America and the States calling themselves '-the Confederate Stales of America," all ships-of-toar and prialeers of either bet ifierent are prohibited from making use of any port or roadstead in the United Kingdom of Great Britain and Ireland, or in the Channel Islands, or in any of her Majesty's colonies or foreign possessions or dependencies, or of any waters subject to the territorial jurisdiction of the British Cmum. as a station or place of re-ort for any warlike pitrp<>srs, or for the /rurjtose of oltainirsg any facilities of tcartikeefuipment. and no ship-of-war or privateer of either belligerent shall liereafier lie i?rmitted to sail out of or loave any port, roadstead or waters subject to Uril.sh jurisdiction, from which any vessel - f the other belligerent (whether ihe same -hall be a ship of-war, a | privateer or a merchant ship) shall have previously de[ parted, until after the expiration of at least twenty lour hours from the departure of such last mentioned vessel beyond the territorial jurisdiction of her Maotv. 3. If any ship-of-war or privateer of cither belligerent shall, after the time when this order shall be lirst notiticd aud put iu force in the United Kingdom and in ilia channel Islands, and in the several colonies and foreign possessions and dei>ctidencies of her Majesty, respectively, enter any port, roud.-tead or wuteis belonging to bur Majesty, either iu tho United Kingdom.or iu the ( hamiei Islands, or iu any of her Majesty s colonies or foreign possessions or dependencies, such vessel shall be required to depart and to put to seu within twentylour hours after her entrance into such port, roadstead or waters, except in case of slre.-s of weather, or of her requiriug provisions or things necessary for the subsistenco of her crew, or repairs ; in either of which cases the authorities of the port, or of the nearest p6rl (as the ca-o may be), shall require her to put to sa us s<H>n as possible after the expiration of such period of twentyfour hours, without permitting her to take in supplies, beyond what may be necessary for h"r immediate . e : and BO ?<: h vessel. which may have been allowed to remain with in British waters for the purpose of repair shall contin o in any such port, roadste id or waters for a longer period than twenty-four hours after her necessary rejio.rs shall have been completed; provided, nevertheless, that in all cases iu which there shall be any vessels (whether shi. s-ot-war, privateers i r merchant ships) ot both the said heiligareut parties iu the same port, roadstead or watei? within the t rritnrial iurisdictiun of her Majesty, there shall be an iut i. val of not leas than twenty-four hours between tho departure I there.rom of any such vessel (whether a ehip-of-war, a i privateer or a merchant ship; of ihe or.o belligerent aud the "ubse tuent dopait iro theiufrom of any ship-of-war r prlvao-er of the other b dligerent; and tue timos hereby lim. cd for t.ic departure oi such shipe-of-war and privateers respectively shall always, Incase of Loccssity, bo extended so far as may be requisite for giving eilect to this proviso, but not forth r or otherwise. *. .Ml SIIJp U1 VT.11 Ui (III 1 Ul Cl.JJUl U?m0' lC.llSUllll hereafter be permitted, while 111 any port, roadstead or wat?rs subject to the territorial jurisdiction of lror Majesty, to laic in any supplies, except provitiant ttnd such ether things as only he r( ,ut ite f or the sol' istenee of It-r creio; and excep'so much coal only as may be mjflcimt to carry such vessel to the necred port of h-r (mo country, or to some nearer de. Unction: and no coal r'ia'1 be again su, plied to any inch thlp-of war or privateer, in the in> or any lihtT port, roaihtrad or waters subject to the territorial jurisdiction of her Majesty, without special permini n, untihafter the expiration (f three months fi rm the lime when tveh coal way have been last supplied to her within Urit.sh wators as aforesaid. 1 have, ice., RFASELL. Ngts.?A similar letter has been adduced to the Secretaries of Mato for the Home, Colonial, War and in lis Departments, and to the Lords Commissioners of her Majesty's Treasury. France Enforces Her Neutrality Rule. A doe..all h from London of the 1st of February savs:? Toe Shipping tiai'Uc says tlTere is Idtlo doubt that the Kronen government will follow our example in imposing still more stringent obligations of neutrality on French subjects in reference to tlio American belligerents. Con federates and federals will be thus compelled to keep the soa or shelter in such p< rts as still remain open to them on the American s 'aboard. The tendency of the euforrnmentofsuch neutrality iseertaiuly towards restricting the maritime operations of both parties,and isseiar a protection to mantimo commerce. No Intervention In American Affairs. [From Gore 9 Liverpool Commercial Advertiser, Jau. aO.] As matters now'stand w o are relieved from the necensiiy, which otherwise would have been imposed u|on us, of showing tht utter folly of relying iipn Euroyean intervention in the affairs of America as the only means of obaining a Hen for the mills of Lancashire. Whni'he Emperor of the French rays - ?Vo its'emmlion," ami the F.ng tish press says ''.Vo inter rent an," it is, or ought to lit, nough to satisfy 'he mtuf sanguine, Hit must vreitulnns, or 'he most i treasonable. that there really will be no interim'ion. It is now manif< at?and it is quite time that ihi* should b-u dearly understood in Lancashire? that the policy of England and France in reference to the civil war in America is based upon the rights,and not upon the ioteiesis, of nations. England do- lares that, though her operatives are starving, the will fln<l other means of feeding them than by violating the sanctity of international law. France duclares that, though the civil war which desolate* America has seriously compromised her commercial interacts, she will not on thut account aban doe her policy of neutrality. Both nations are evidently guide 1 by one policy. It remains then for 'he pomeifu' grnernmenf at Washington to detri mine whether theblockade of the cotton porta is to be maintained or not. To maintain it, all they have Pi do ia to respeit the right of neutrals, and to preserve it in a state of the utmost pos Ible efficiency. Who can doubt that they will do so. knowing, as they must know, that tiio adoptl- u of any other course would render the reconstruction of the Union forever impo*s,ble. fFrom the London Times, tab. 1.] The MunrufUr thambei of Commerce has just beta convened for such en expression of opinion eg the present conjuncture undoubtedly demands. We published yesterday a full report of the proceedings at the conference, and it will not be denied that the views there taken of current affairs wore highly practical, and, upon the whole, at ditinlerested at it would be reamvaHe to expect from to deeply interred ati artemljiy, The commercial poluy of Lancashire resolves Itself into two leading doctrines. The people of thoseparti with to receive cotton from other countries, and fotend other countries cotton goodt These views, of course, tend to concentrate attention just now upon America and India.' America baa ueaeed to supply cotton, and in a grant degree to take our cotton manufactures. India is exporting cotton to us in unusual quantities, but she it at the same time placing import duties' on our cotton goodt, and that is a proceeding which ia exceedingly obnoxious to the Manchester Chamber. Briefly, the. fhambrr would fain lee India relinmttkmg all attempts to manufacture for hersetf, and con fining her energies to the production of the raw material. America is regarded with eomewbat similar views. The Manchester ideal le here alio comprised in ruch a dm ton of industry between the two countries at would secure a con stantmpply sf cotton per Lancashire looms and a never fail xng market for l/mrarhirefabrics Unfortunately, cotton can no longer be purchased In America, nor fabrics sold; and it was undar these untoward clrc mstanee* that the Chamber of Commerce ass-mbled for nu b an exprsaaion of opinion as might assist lha impending deliberations of Parliament and the conclusions or the public at large, eeeeeceee In touching on the aflbirs of America tbespeakersatManchestsr observed great forbearance, and intended to express themselves with friendliness and moderation. We doubt, however, whether the sentiments to which they gave utterance will prove very acceptable either to the federalists thamselves, or to their admirers in this ooun try. The war was characterized as hopeless, and, though the meeting vat unantmoitt in reprobating "inlet rent ion" in the usual acceptation of tba word, a strong desire was expressed that the contest might be term naled by the intorposition of aem? advice, good offb-es or mediation. Mr Ba/ley hoped that Hie Judicious suggestions of tlie British aud French governments might have the ode t of rn it IffAtlOff AYiflt Mlf ntiiTTUrw ttld?? fill.I hnncrin* alinui the r-opening of the ports. Mr. Potior tlm'iglit that If the Manchesttr Chamber of Commerce would address th-i New York Chamber wi'U an appeal aga net th? prolongs. Hon of "this 'isnlo-s miserythe result might be proiiia. b o but on all sides it appeared to be i?h that tbo war was ii t only ds'tractirs to the Amnrtc ma themaeJvos, but injurious to the who's civilised w >. Id. ft wss even intimated by a Manchester speaker before a Manchester audience that tha model republic, b Mdee being di-es ad and tbroughont by slavery, bad been adin in Sterol on a ?y?lmn which loltoan unsound state not onlf of finance but of morals too. After all, however, the practical question is, not wheth'-r the American ?t: ^g'.e can lio terminat d liy in-d' 'tion from without, hut whether even the rondo inn t the war ttiU mi"' th' N> ?'*os AVefen in r/y;dy i t?t(A cvtftdi CM irjm? *'? u*v* airoAdy e*i>re,,vd Vii m YORK HERALD, 'SVl own opini'Hi thai such a result cannot be reasonably ait tiuipate I, and lliat optmun was > choetl at M im-heiler. Time, at any rate, must elujwe ho ore the South can to far reamer U elffrom thi< dtfm Met content at to resume ilt ol i t'ldu trial pur, \ t, u hlt o'Jy aloint if ? n-w and burdensome characer rn ?,<t in vitabiy opprctt the en rn * oj iti people. Tht uUi stole Ol things, in fact, it pat! rjtora (ten, (t-d nobody oars y-1 dt rne wh.it the. nitv sta te totU bruit firth The trie remedy lor impending ditlicultioa nH Mr. 1'oUur remarked, must be sought in India, bat. if I.idix is to do what is uxiwcled, it is above all things necessary that her own government and bnaucex should bo wisely administered. India in not lay her way, and payit even by import duties, in dofalt 01 bettor moans, but it once she can secure the advantage of growiug cotton tor lasncoshire she wi.l bo under uo indue ineut euhor to tax our fabrics or manufacture such articles for hjrsolf. Ths Urbcl Agents la Prance and Euglsaia Paris, fob a, 1862. The Independance Itetge asserts that the Southern Com niasrouers have informed the English government that, in return for the recognition of the Southern confederacy, they would establish most absolute free trade tor City yoara, abolish the external slave (rattle and ennnciputo nil (he blacks bora after the recognitioa. These otfers, liAwAvpr art 11 n.il (toLirinin* I thrfi I'ftlliiArttLnn 1st .ihntliliin iho policy of neutrality. London, Feb 2, 1362. Tho proposition of Mr. Gregory for the recognition <f the South will be discusaod soon al ter tbe opening of Parliament. An interesting and excited debate and rejection of the proposal are exi?cled. The Blockade of the Nashville. THE KRBKI. CAPTAIN A KRAI II OK THE TUSOAltORA?HE APPEALS 10 ENGLAND FOB SUKLTKK, ETC. [London (Jan. 39) correspondence of the Manchester Guardian.) When the Tuecarora left. Souiliainpton , notice, I under* slaud, was giveu to tho Nnshville to quit within the twenty four hours. But Captain regram having reprosontod that obedience would involve certain dost ruction, not only to his ship, but to his crew, for that hs expected tlio Tuscurora would show Inm no morcy. and would, 111 all probability,send both ship and men to the bottom, some extension of time has been granted from considerations of humanity. Still, tbe nuisanco of naviogio keep a frigate watching two enemies' ships, lest they should convert the Solent into a battle field, and pound each other to pieces within hail of the yacht club houses of Cowes or Catsbot Castle, has, it is reported, decided our government to follow the exarapio of France and Spa n. 111 issuing a proclamation to forbid the armed ships or either belligerents from remaining more than tweiity-leur hours in any British port. Such a proclamation, if t am rightly informed, may be looked for in the first gazette. It was rumored that the Tuscarora had gone to the Mediterranean. THK NASHV.LLE ABOUT TO LEAVE SOUTHAMPTON. [Southampton (Jen. CO) correspondence of the Manchester Guardian.] All deble incurred by iho Confederate steamer Nashville have been suddenly discharged. She has caused ?6,000 to be speut iu the town. When the Daita, which arrived here a day or two ago with the Indian mail, was on her passage home, and had just passed the Sumter, she inet a very fine American (federal) proceeding right into the jaws, as it were, of the Sumter. Tbe commander of the Leila might have warned the federal of her dauger, but, fearing it might he construed into a breach o! neutrality, he abstained from doing eo. In a very short time the federal ship was captured by the Confederate, and burnt to the water's edge. Letter from Admiral Brace, R. N., to Commander Craven, V. 8. N. |From the London Star, Jan. 31.] We published on Saturday last a contradiction to the statement made by the Army and Xaiy Gaitlte to tbo effect that the federal steamer Tuscarora had anchored off Osborne, and had been orderod,to romove by th- admiral in command of the station. Wo now learn that Commander Craven adclre-sed a letter on the subject to the Commander-in-Chief at Portsmouth, and received the following satisfactory reply:? Viitoky, PORTSMOfTn Harbor. Jan. 23,1802. I have the honor to acknowledge the receipt 01" your letter of the 22d inst., calling my attention to a paragraph extracted, as it appears, from the Army ami Xavy Qazett*, commenting on the sup|H>sed fact of the I'nited Slates steamship of-war Tuscarora, under your command, having anchored oil'O.-b -irue. In reply, I beg to inform you that on Thursdsy last, the 16th .nsi., the signalman on duty a the dockyard Semaphore reported th.it the Tusfiar >ra had anchored off ustiorno. I, therefore, directed Capt. Cools, of H. II. S. Victory, to proceed in one of the steam tenders to communicate with you, and, with my compliments, to request that you would bo so good as to move the ship to some other anchorage. Captain route, however, had scarcely got outside the harbor when he discovered tlmt tho rc]>ort of the signaiinan was a mistake ; that j the Tus arore. ia fact, had not anchmod off Osborne, dui maw nil; suip suji/umju i'J linvu uvuu uwi ww ;iur jesty a ship Vigilant. I tru?t that this cxjSanation will remove from your mind any feeling of anuoyanqe you may liave experienced from Uij publication of the paragraph referred to above. I cannot myso'.f point out to the writer of that paragraph, or to the editor of the paper in which it appeared, tho circumstances which probably led to hit being misii.formed at totliomovomeats of your ship, because her Majesty's oflVersare forbidden to publish anything in tho newspapers buaring on questions arising in the public service, and I ucvor ha.o any communication with the public prints. H. W. BRUCE, Vice Admi.al, Comniandar in-f'h.ef. Commander T. A. Craves, United Mates stcamahia Iu3carora* Thi gnmtcr In the Mediterraneans The Pai?ls correspondent of the London We.-oWsays:? letters trign Marseilles state that the utmost conster nation prevails.among the American shipmasters in thai harbor ever since the presence of tho Sumter in tho Mc diterranean has been ascertained. 1 hear Utel an at tempt has been made to indueo the French government to grant a convoy, and that the American Consul is said to have written to the captain o! the Tuscarora, request ing him to tako his ship to the Mediterranean as soon at possible. Madrid, Feb. 2,1862. The Sumter is still at Gibraltar. THE SUMTER ORDERED FROM GIBRALTAR. [From the London Times, Feb. l.J The heavy"portion of these mails, in charge of Mr. U. Ronayne, of tho General Post Ollioe, reached >outha:uptoi yesterday afternoon in the Peninsular and Oriental Company's screw steamer 1'era, Captain T. Jamieson, which arrived in dock at balfqiast two P. M. The Confederate steamer Sumter was at Gibraltar whei the i'era left. There are uo accounts of the naval combat in the Medi terrancan bet ween two ships, of which the Sumter wet supposed to he one. The vessel destroyed by the Sum ter, in the Interval between her leaving Cadiz and bet first arrival at Gibraltar, was the American bark Xea politan, Captain Burdett, with fruit for Boston, consignee to the agent of BariDg Brothers. She was burnt shorn eighteen miles to the eastward of the rock, and the mas ter and crew (twelve in number) taken to Gibraltar bj the American baric Investigator, which arrived there at the lilth. The Investigator was laden with copper on for Newport, the cargo being owned in England, and shi was released hv the cantalu of tho Simitar on har eaDtaii giving a bond l'or $15,0(0. A despatch or the 17th ult., from Ca 11*, states that 01 tbo 01 dor to put to sea being communicated to the cap tam of tbe Sumtar. ha replied that it waa materially itu l* ssilde to obey /or uant of water and coat, and <f money which bo waa expecting from one moment to another, t< purchase these two articles. The Military Governor of the fortress, not allowing ik validity of thete reasons, gron'ed him tix hat v. to provid h mself tvith what he needed and to quit the port. The March of British Troops Through Mains. EXPECTED DANGERS OF MR. SEWARD'S PROPOSITION (IxiudoB (Jan. 80j correspondence of the llanch'-sta; Guardian.] While on American matters I may say that no officii communication has yet been received here of the al)egc< oiler of Mr. Seward to allow the English reinforcemcnti for Canada to land at Portland, and proceed to their des tination by the Grand Trunk line through Maine, understand that our Foreign Office authorities do not be lisvs that any aucb oiler haa been made. If it have been I do not auppoee it would he aocepWd. Not only ore there considerations of national dignih which might stand in tbe way of acceptance; but moii proeaic and palpable reaaona would not be wanting There is very old and stronf Canadian sxperisncs of tin elTacts on our troops of the temptauona to desertion hull out by the United States agents or crimps in the front iei posts. Just now these temptation* are enormously in creased. I dsr# say privates would b# lured, not only bj the largely increased pay of tbe American line, but by hopes of immediate promotion to non commissioned rank and it ia ooneeivabla that non-commisalnned offlcars might ba soraly tempted with the more glittering bait of sub altern's or captain's epaulettes. Were war in progress or imminent, tbe temptation would be robbed of muct of its effect, but as matter* stand It might tall bmvsly. Thn of itstlf is a very solid ground for not listening U any such proposition as is said?without nay reliable au thorny,that 1 ean discover?to have been mad* by Mr Seward. The "Stone Blockade" and Ito Coot. ENGLAND'S LATEST GRIEVANCE FROM AMBUCA. (From the London Times' city srticls, Jan. 31.1 The statement of Mr. Howard, Implying that the United Stales government will held themselves bound after they have subjugated the confederates te restore such harbori as they may destroy,or open up better ones, has added coo Sidcrabiy to tbe dlwiniet of holders of the federal bonds since it makes a further intlnlt* addition to tbe prospect* of the ultimate amount of debt. Mr. Seward, in approved engineering phraseology, observes that ad such- thirgi will be " mere matter of expense, ' but this docs not roinforl thoo! who are nernlexed as to the which the ner.ajMry f inds ate to ba acq ired. It m tie. Ilevd that even if the war couhl be w mid up at <hii moment the debt of America, reckoning tb < amount* to be raised to me t the liabilities of the South -i well ea the North, and to make n'l th< requisite payments before the reapectlre armiei and navies could be restored to a peace looting, wo old, nl the rate of internet that must ba paid, involve an on,'.a! i ilarge on revenue equal to more than h-dr th? total required to provide for the national debt, of Oroal HrlUin should the war continue for one or two ynari longer at its jironeiit calculated scale, and tho raving ol fundi be carried on by tho iarie of paper, tin a i/iuiatt i liargw established would ntoet probably be mor thati that of tb? whole debt of Lnglana, and If to the ordm tj contingencies hitherto eattniated the coat of undoing am f barbarous and enormoutljr esponsivt operations a.~ thog< just witnessed at fharlestou is to he adde I, all attempti to form conjectures on the aube-t would be wild It ii s >s tial to remember, in every calmlttion that imj now be made on American Bounce, th >l Hut No tlnrn out lay repr 'sent* only t our' o o tli I , J,l lug l/taiedeutsj Ut ,i gg lljf <,4 TT>AY, Wr'it'JAW 11. lflf scarcely be *o crushed m to be forced back luto the Union uu ler tbo couditiou that the Union shall be liable for h - debte of the North, aid not for thoee of the South, and, on the otlior hand, supposing the Confederates able to ot.ibl.eh their i ml (-prudence, the North ' will be left to sustain the whole of Ite own burdcua with a heavy reduction uf population and territory. Looking at these tiling,coupled with the fact that about ouesixth |>arl of the country is a'roady in the depth of rep -dtatton, owing to the toiuptatiou of escaping payment even of am units which, in coutfiariaon with tho figures with v hi h we aro n w t > bo made familiar, are utterly in igaiBcant, it > evident that tlnee who continue to hold limed S.uua stocks in ..-H d> ao in the conviction that tho tuno is approaching when aoino sudden popular caprice will terminate tho whole struggle, and when the pubiicaudtbe u-uiy, having falsified every assertion they have bithert > put forth, will proclaim that they have again ue/7 ed the world with a wholly unexpected triumph With regard to the stocks of iudividual States the prospect is far less hazardous. Thoro has as jet h-eu no disposition by any of them to outer into ruinous commitments for the national cause, and it is quite probable that they might maintain th?i? individual faith, even if the worst should happen in the case of tho fedcial obligations. Some of them, iudeod, have shown particular acutonoss in avoiding burdens to which tliey were in peril of being exposed, tho Governor of New York, for instauce, having just recommended that the properly tax to bo levied on that State next autumn should be met by setting against it a nearly equal claim if the State for the equipment of its volunteers. In relation to otlior securities, such as these btsed on railways, mines, &c., not immediately on the scene of war, there is, |>erliaps, liMlo ground for apprehension. They need not suffer materially from the depreciation of the currency, since they can raise their charges to provide fur it and as whenever tho dar of na. ifi.-itl ui arrives. it trili fluil thorn not seriously harmed, and a wonderful burst of vigor for a ucw development of the national woaltb may then bo exported, thero is no reason why holders should regard thi m with much more fear Utan u ordinary tunes. British Speculations on Our National Debt?Speech of un English Member of Parliament Against Intervention, &?.
Tho London Timet remarks:?It is essential to roinomber, in cvory calculation that may now be tnade on American finance, that the Northern outlay ropresents only a portion of the whole. If the Confederates should be vanquished they can scarcely be so crushed as to be forced beck into the Union, under the condition that the Union shall be liable for the debts of tho North and not for those of tbeSouth; and, on the other hand, supposing the Confederates ablo to establish their independence, the North will be left to sustain the whole or its own burdens, with a heavy reduction of population and territory. The position of the stocks of individual States is far less hazardous than that of United States stocks. In relation to other securities, such as those based on railways, mines, &c., not immediately on the scene of war, there is perhaps little ground for apprehension. Mr. Barnes, member of Parliament for Bolton, in addressing his constituents, protested, on commercial and political grounds, against the breaking of the Amoricau blockade, and strongly urged that the surest way of permanently benefitting tbe cotton trade was to turn every attention towards the devolopement of the resouree of India. Finances of the American Government, DIRECT TAXATION AND THE FRAUDS OF THE CONTRACTORS. [From the London Times, Feb. 1.] We in England have found no dilficulty in deciding what has been the political error which has plunged the United Mates into their present lamentable condition. We have concluded, with a rare unanimity of opinion, that the error lay in the adoption of plans of war and conquest, instead of a peaceful and friendly separation. It is not much more dilllcult to decide what hus been the nature of tbe miscalculation which, at the end of nine months, has plunged tho finances of what was apparently a powerful and wealthy State into hopcln. s ruin uuil confusion. The Northern Stales are sprca 1 over a vast portion of the surface ol (lie globe. Thoy have a large and increasing population, an extensive trade and a considerable quantity of highly protected tuanufactuie3. But the government of the United States is uot like (he government of a European monarchy. If France or Eng land go to war the whole resources of the nation are attho disposal of tbe Emperor or the 1 ariinmetH. It never h >s been so in America. Tho central government and the individualstates have uiviuea tne revenue between tliem. To Congress lias fallen as its share the appropriation of the proceeds of indirect taxation, duch direct taxation as is levied is appropriated to the govornmeuts of individual States. The thing has beeome a custom an I a t adit ion, and the result is that tho government which si>euks and acts for the whole of the American ]K-ople t* r<at!y armed ni'.h a powenj which is ail [a fractional part of the whole financial resources cf the nation. * * iS We hear a good deal said about| imposing direct taxes which may support a forthcoming paper currency and form the basis of future loans; but nobody seems to have any heart for tho beslnoss. It is not a popular m \ ernent, and Congress has recently given a sigcal proof of its abject subservience to tho popular feeling of the Moment. But such a stop is wor-e than unpopular. It is impracticable. We docoi uoubt that in tlieir dira extromity ( engross will bo forced to go through the form of imposing a large amouut of direct taxation in ordor to repair, if possib'c, tho credit of tho count y. lint we also feel the fullest convicti >u that such direct taxation will never be really paid, flic best financier iu the world 1 can do little unless he is provided with money or credit, and the American Ohucoelior < t the Cxi herpici seems to be entirely destitute of both. Wc do uot, theref ro, wonder to find him engaging in the oM iniquity of tampering with the currency, and, having nothing more valuable to oiler now, s.-eking to pay his way with Worthless promises t> pay h?r"aitor. A bill for issuing sweaty million? storiir.g in government notes upon J, market already sutbcicntly glutted with paper, is nad ay an enormous number of competing banks, is huiitg (Lurried through Courri.-u Tito army is beim; paid fti a similar currency, an ! a money changer follows the paj t master to dole cut to them, at a heavy di-count, the metallic value of their depreotai cd |iay. But Mr. Chase has another scheme mono creditable to t the originality of hiageuiiis than the old and worthies I plan of debasing tho currency by the ; s ,e of paper money, sent fortn, not as the representative of tho re, sources, but of the wauts, of the government. It would api>ear that in the Stato of New Yo.k,and m sotne other States of the Union, tho banks are required to provide themselves with a certain amount of public securities, iu order to guarantee to their customers the convertibility if their issues into gold. These securities in many ta<es consist of the obligations of tho State, which are regarded?and not unteasomibiy?as a better . iriiarsutae til Ilio nubile and a -II I' Investment lor the bank! than the obligation*, in any form, > of tho tuned State* government. Tbo bright .ilea bar oco -mid to Mr. < base ihai hi* difficulties will be over if i he can only contrive to ratso the value in the market of tho United States stock. "If,'' we may supposo linn to reason, "the government of th# United States were in I good credit, .ts securities would bring n high price. If, therefore, I can raise the price of its securities, I -.hall r mtbossnio proportion rafoths credit of the government. The cvcurilies r.ro low because nob'xiy wants 1 them. Those who have them wish n get rid of th'-ra. t Ihoso wl? hare them not do not wish to take them. The only resource is to force somebody to invest in them. r W: will paes a law requiring tho bsnks to get iiiTnf thetr r Slate securities, and take the sinks of the leieral ? g. vcrcm-nt iiistea.l. Thus a new market will bo opened i rur cur depreciated funds, our credit will rise, arid the i atony hearted capitalists of Ktigiand and the f'outiueut will gladly rentier money to a gove ni meat whose stocks arc quoted at so respectablo a price." The bancs chjc t, very naturally and very energetically, to this proposal. They toll the government tiatly that the Mate stock is a far better e a c '.rlty to the holders of th'*ir notes than the stock of tho ledetal ^overument, and they assnro them that nothing t will be gained by their manoeuvre, tor the banks already , hold a snflicient amount of this sto< k tu supply ca h other's necessities, without acting upon the market at all. The whole affair is a singular pro T of the desj e. ate difficulties in which the State Is involved, and equally 1 desperate means to which it is ready to have recourse in order to free itself from them. Rut Mr chase hu another scheme still, eqnal'y strange r with his plan for imparting value aud stability to government securities. He is said to contemplate (be formation 1 of new banks of issue?as if America had not too many alI ready?upon the basis of a deposit of I'n. ted State,. stock, to I secure the circulation. Uovemmrnt undertakes to receive this circulation for all dues excepting imposts, and to ray I it away to the public creditor whenever he is willing to receive it, which, if he follows the example of the , State, as contained in their own programme, will not lie very often. The object of the so schemes seems to be to / make the public funds the basis of the circulation, the rock upoa which tho ccntidence of the public is to rest, exactly because nobody has any confidence in them at all. I The notion of artificially for ing up the value of public aeI cunties in tbe manner we have mentioned is, of course, r utterly chimerical. The very attempt, the ignorance of finance which it displays, and the |*i*ition of utter belp' lessness which it indicates, art quite sufficient to avimn tn# public credit ir u were not aireaay ruined past recall. But tbe measure is even yet nut quite full. Some thing remain* to be laid as to tbe manner in which these fund* have been dissipated, and, if we are to believe those who have made it their business to investigate tbe question, tbe annul* of jobbing afford nothing parallel to the proceedings of almost every officer of tbe United States government since the beginning of tbe war. An old atipendiary makes $32,000 by selling a contract for oxen, upon which the purchaser makes $26,000. Two millions of shoes have been manufactured at a gain to the contracture of ttir?e <piarters of a dollar per pair. In on* regiment four hundred and eighty-four horses out of a thousand, which c< st the government neerly ?12,t.00. were cast, n?t one I of them being worth four pounds. The comrade tor muskets ere stupendous, One on'nt tor tynt $.11)0,000 in linen panlahon*, efra<'t halt, London porter and drier! herringt fur the army, and thm gi t "tcarrd and quit." The very printing of tne pajar curieney which is ruining the country h.is bece a matter of fraud. Mr. Conkling might well say that the country was making a suffxioot exhibition of Itself without contributing anything to the Exhibition in London. 1h* details are ludicr. us enough, but what * brisk op of the whole fabric of seciotyand civilization do they not expo** to us I And yet, in tbe face < f all this the contest is to go on, and men are preparing a gigantic conflict for a country which they ore rioug all tn their power to make not worth lighting for or living in. In a sitting of the ('< ngr?.ss, in reply lo M. f'aslio, the Minister of foreign Affair* gave the following expianati'iis ?The gov rnment lies laid it down as a principle, and i rop >.->*? to adopt a rage da Mexico an obtain'e r? /v. t for lb' itui'jf ?</. ;i ' rj that cotintry; 'be paeernment tie irti thai Ihe intii,rily of the ! rri'rv/hull I* / r. <i redf if winhf* Ih M'l i am la ' t that is* ermnr.i.l "hi A tui'l their otvn itulinattirt. O r cxpo.lillon bun gone io claim snt *.notion lor I suits iti at huve been committed against us. It has gone to show ihut we have the powr to mako ourselves re. c.-te I It takes out isgotionil lot principles, which civilized armies convey to people in u state of aiy. archy. II the Mexicans think they stand in i ctd erfi Arm and stron; government. limy can obtain it, and/wo rh ill not offer'iny o'iS s. So.in has nullum: (o <1 but lo sli" v v- Mcxi > n h i wsi to s-o Yhe.n mi nag# tho i I ra noio.'liog I < lliol' <,*, A \Wm eetefamqbt *Ui u b dot rfou 52 this Itns of policy. The government has not any t i.fficul knowledge of projects whioh have beeu spoken of. v 111 is new form of government has uot hitherto been the sub,eel of any communication between the governments. t Should any communication take place the Spanish govern- t uieni wilt restrict itself to the policy of uot exeiciamg L any coercive measures or any direct infl lenoe towards c the Mexicans, but leave it to thumselvee to manage their c own aUhtre and select their own form of government. e a The Cotton Supply* 1 8TRI0T NEUTRALITY OK Till MANUFACTURERS, ETC. i At the annual meeting of the Manchester Chamber of Commerce the American question, more particularly as It affects the supply of cotton, was debated at length,and a policy of strict neutrality on thejiart of England was very t generally urged by tho shakers. fi A pro|Hjsitlon that the Chamber shotild open a confor- a ence with the Now York Chamber of Commerce, with a li view to seeing how far the iutluence of the commercial f world could be brought to bear upon, and ^ul an end to, the melancholy strife, was brought forward and approved of. THE INVASION .OF MEXICO. Spain Repudiates nn Austrian King? Mexico to Vote Her Own Form of Government, Ac. The Oorretpondencia of Madrid publishes the following t semi-official declaration:? For the second time we have to repeat, in reply to a statement made by the Contemporaneo, that the Spanish government lias entered into no engagement to place Archduke Maximilian of Austria on the throne of Mexico; uur u luflru mijr 11 uw iu mo n|?[t luu vuo cpouiBU guv erumeot baa come to an agreement w ith any other government to found a new monarchy in the ancient Spaniah ' monarchy. The Mexicans are at liberty to select their ? own form cf government and a head for their State which t suits thorn best, and tho conduct of Spain will be limited 1 to see that such new government carries out the enact- < ments of the treaties which exist between Mexico and Spain. Madrid, Feb. 8, 1862. Don Almonte, Mexican Minister, has arrived at Trieste, ? and been received by the Archdalce Maximilian. ^ The Autlrian Gazette mentions the reappointment of the t Archduke Maximilian as Commodore of the Austrian I Navy, and contradicts tho report respecting the scheme ' to place blm on the throne of Mexico. t MOVEMENT OF THE FRENCH REINFORCEMENTS. [Paris (Jan. 30) oorr<?i)ondrnce of tho London Times.] A letter from Toulon of the 26th Inst, observes that the despatch of Marshal Castellane provisionally suspending the embarkation of troops for Mexico remains a mystery, a particularly as despatches were received from Paris the g previou evening commanding the immediate departure of the ships. The transport Mcselle get up her steam on the morning of tho 26th and sailed for TenerilTo with a cargo of coals. The engineers who arrived at Toulon on the 26th immediately embaik"d thoir arms and tools, among which wore some thousand hatchets, pickoxos and shovels, supplied from the Toulon storehouses. Although ihe 26th was Sunday,shiprights were working all day,and were to work all night, in Siting out tho screw ship-of thc-liuc Kontenoy, which was to sail to Oran to embark troopa for Mexico. Ihe Canada and Asmodee were ready for sea, and were only waiting for the arrival of the Chasseurs-a-Pied which were to be conveyed to Vera Cruz. The Ninty-ninth of the line, which is to form part of tho sxpedition to Mexico, is to embark at Cherbourg. General de Lorencez, the commander of tho supplementary expedition to Mexico, left Paris on Monday afternoon with the othcers of his staff for Cherbourg. The battery of the Ninth rogiment of Artillery in garrison ut Vincenncs, which i waived counter orders onSatur day, when the men were about to leave for Cherbourg, proceed on Monday to its destination. REPORTED DIFFERENCE AMONG THE ALLIES. [Purls (Jan. 30) correspondence of London News.l Genornl de Lorcncoz dined ut the Tuileries yesterday, and sat on the Kin press's left hand. Although the evening papers continue to report movements of troops destined for embarkation for Mexico with all speed, I hear a rumor that tho departure of the expedition is suspended, owing to a hitch in the negotiations wlfh Austria. Difficult as *.he story is to believe, 1 cannot reject the evidence tending to show thai frame ami England hare contemplated the ereilion of a throne in Mexico, whereon they nieant to put the Archdul.e Maximilian. Ha was not. it is said, to be un emperor or kirg. but of Austria an a compensation tor the ccasion ofVenico s to Italy! Although, according to all the most recent indications of tho disposition of Austria, the lunar event docs not seem to be in any way ujhui the curds, it is still lc.s incredible than that Krcn< u and Kuglaud h ,iibl break their principle of non-intervention, and ; out catty expedition* to operate at the otlior end of tho world for the sake of giving a kingdom to Austria without any return to be made by her. It is positively said that Austria has entertained the idea of bartering away Venice and tho famous quadrilateral for new dominions in .-'outh America, itut now, at the last moment, i! what i have h ai d be correct, Austria requires a promise from 1mamo and England to keep up au army of tec ipaiiou iu Mexico for ten years. J his proposition is demurred to, and hence the counter orders assumed to be given to General do Lorencez. austrian opinion ok napolkon's designs, [Krom the list Dents lio l ost, Jan. 28.] i What Napoleon III. is aiming at is quite clear to us. Ho wishes to found a thi ono, as Irs uuclo il.d, to place his brothers or generals oa it. N'a;*>j'in is at liberty to majcu with the lilood of his soldiei a kingdom out of tho old or.ip.re of Montezuma; hit to wick to tmpfey- nAusIrian Archdukefor . tck a purpose is. in our opinion, an insult to Austria. From what has appeared in the papers we believe there is some foundation for tho ropo: t, and that some such step hm, bo"ii attempted by France with the < o irt of V ionua. The whole atlinr, in our opin >n, is a Napolearlsl manoeuvre, the aim of winch is plain enough, i.n the banks of Hit Oregon, in a country trashed L;i the I'tu. twin, an indent nit;/ into be ojfertd for the Urritiry of lite Mincio and for Hie Queen of ih* Adriatic. instead of the slopes of the Alps, the O'oiyi liter as are to bo tho Austrian fioiiticr. instead of the Quadrilateral, she is to have the plain of Anahuac and Mexico, its capital. a ka forasea, ports for Met*, about 40,000 square miles fur 4U0, eight millions of subjects for scarcely three. What amaguilicent exchange. * * * there is only one point whicn to us is incomprehensible. Was it ercr seriously believed at the Tmleries that Austria would accept the offer* Or, anticij>ating a refusal, was it ntadeusUk a perjidiotis object? It in t lie very case lor exclaiming, "JY.wo Daita s et tl na ferents." the krencix blue book on mexico. ; bans (.en. .<u i correspouuence 01 tun i/>uu<>n1 nromcie. ] In the legislative papers about Mexico is a copy or the instruction* Riven to Admiral .Jurien de la tiravtere,commander of the naval pan of the French expedition. Tl.ey say, in ixj.rtu Hem*, that tlio three Intervening * Powers " tti'etdiet tktmt'lci front any in'eefennct in the iii'< mal iiffaiii ?f the cotmfry, and i sjiecially from exorcising *"'y l't? 'c on the will of the populations as to the choice i f the r government.'' this certainly is in oontradicUon to all that has lately been mi.?1 about the efttnbliithm uv a monarchy under the Archduke Maximdian. of Austria. But the instructions are dated t ie lltli of November, and since thou the situation has changed. The Imke d 'Kl< hingen, Lieutenant of tho Chasseurs d Al'riq te, and grand.?on of Marshal Nov, and Frinco t.eorge RtbesC", lieutenant in tho stall, son of the former Ho?i? dur of Wallachia. lorin part of tho expeditionary c -rj S to Mexico. ENGL I 11 OTINTON CP TliK At.t.IET) INTERVENTION. IFroin tho London 'l imes, Jan. 31. J Though the iriiorvcntiou in Mexico m iy, |?rhapg, exhibit ui.exisfcted features as events proceed, it has net >etbcea attended by any circumstances which ran oxcite surprise, or which should Occasion any dissttisfac! lion in this country. The Intervening Powers profess a common object, and aro bound by thu terms of a formal convention to u common liuc of conduct, tr<t th't/ or" very lUgtrtnl!) titncvfif in retpe t of opportuner* aiot di )x*\to n. 'llro government nd people of England have accepted the obliga'ion of interference with s'rontr and notorlous reluctance. Su h expedition* ate at remedy vnl*tpxtlor with Parliam nt and the puMir. They cost money, ilioy involve unwelcome, and possibly Inconvenient, dtinumtsi'D our miliiary establishments,they ihreatoiiall kinds of contingent perplexities, and are noi s lpposed to promise any satisfactory return. It may be s.iid that France and Spain ars under the sAme conditions, but Franco and Spain can entu ipate compensations from w hich we arc excluded. The French are rather gratitled than otherw'se with the op|iortiiniiy of such an expedition. 1hu iluty of occupying any country with a military force Is in their eyes decidedly an agreeable one. They ltke to use their power, to exert their Influence and display their authority in the affairs of Europe. These considerations have suflcicut weight with litem to overbalance all contingencies of expense or embarrassments, and it bus tn-en seen onin> rc ihau ono occasion that France actually boids h?rse'f aggrieved by what in England would be thought a fortunate exemption from troublesome di ty Spain, again, is at prssent In a position to participate in these sentiments. * ? I am iking, therefore, at the aflur from this point of view, It cannot bs surprising that Fran, e and Spam have outstripped Fngland in the zeal and energy of their operation*. The Spaniaids, menaced for many a year with the absorption of Cuba into a continental State, were not unwilliug, we may presume, to conduct a powerful expedition fiora 'hut very island against the continent irons wnicn moy once e*i>eciou invasion. Thsjr were the flral in tlia Dalit. J ln*y ciptured and occupied Vara On* without tho aeatatame of thoir colleague* under the con van l ion, and would probably not have herniated to march upon Mexlo If Francs could havs cnnasr.ted to accb a monopoly of ths enterprise. Hut Francs was in no such mood. liar dsinoi.r nations expanded In pro|iorllon to ths pretension* of Spain, ami her contingent of troop* ha* been gradually Increased to iho atre'ngtli of a formidable army. The French will not be content with any *# ondary pi *ltn n where they are entitled to equality, and ilia perfectly car lain that the restoration of Mexico to a condition or order, whenever that laao eon p>-bed, will not lie the woik of 8|aln alone. 11 !beao proce- dnine, however,of our allion need create no as nui*hmant,?o neither need they occasion discontent. 11ioy rel ievo ns, in fact, of d ill las wh ich wo should not he v a de lined, b it from which we nre glad enough to he n cute d. If France ie ?llllng to Dud troops fur tut* busi nesa.and eave us the obligation, so much the beltsr It i* a c uventeul division of labor, lie moy httw our o>m% ft' 0:<r?t lh? vUimaf', iliflirul.'vt of th' t-nirrin ido n, hut Ih'Jiuit.iilijc I n to givt t)*t In hi' iol-1 : o'it.ii I it.vtf, Wo want to sen Iho strong arm of |.w?or afiplied to this* worthless and sanguinary fectjhus by which Mexico is distracted, and aui o fax cdfance given for ths re establishment of public safety rjnd p? tionnl opier. Ws want to tee llfo and property rAp.i?ro>i secur* throughout a country In which K'iropsr.ns aro deeply interested, and to Irayi'that so end hay.,i length beau put to an ana chy a hope lot-a na over * c,Qt? in place*. Th-:thrrt inf'rr nirg f'nir, ,t may Jp otmil 71ml t'onttcfro differinff in rpivitu ifhti lh' je idftingpniil ? i of aftml ?wm nent ew. i iff for prarti o| v hf-im, but t. ? > grant object at present it to establish eogr,^ such a" ao ! ? fii rlly a? will secor* H"s, terminate raping andg an i ih iit le of |p" igu rr?.i lent - t. safety,frr v:- i i leu- e ir l*jralemai.c extortion. If af,,,, ), nrmy I. Iln i ntaiu uulfutu ul m s'.u.a nt th s o^d<vt. vv? van 01 ly j | , hat ire shall look upon Iba activity of our neighbors no* vith jealousy bul with satisfaction. * All the three Powers have been offended alike, and all >ave the same title to luterrene We can only trust bat the intervention will be speedily successful. Ens tuul will do lior beat to insert impartial justice to all lalmauts, and to secure the beet chance of national reevery tor Mexico itself; but, if Franoe and Spam llud It onvenient and agreeable to take the military departnentof the expedition on tbemaelvee, they will inset ritb no opposition from us. LNTICIPATKD KKSXSTANCB?AID TO MRXICO FROM TO UNITED 8TATB9. [Paris (Jan. SI) correspondence of I/mdon Post.] lite French government has informed that of Spain as o the exact amount of extra land and sea forces intended or Mexico. The allies are likely <0 meet **tk more resistinee. in the interior than teat expected. I be ve reason to beieve that the government of the United Statet hat priiwMp >romited assistance to the Mexicans if possible. Russia. The Journal de St. Petersburg announces that the AMembiy of tho Nobler at Moscow bad deoided upon pre oeing to the Emperor the applioaliodof the principle Of lection to the administration of juatioe, and that the axes should be collected in the provinces by persons ilccted for the purpose, iuatead or by the functionaries ippointed by the State. An imperial decroe had been published, ordering the lublioaliou of the budget for 1868. Turkey, Ac. An Imperial halt has been publishod at Constantino pie, tnnouncing that the budget will soon be forthoomiqg. U ilso places Fuad Psebs over the Onancial department. The Turkish troops in theHersegovina had advanced M ar as Glacska. The majority of the inhabitants with, Irsw into Austrisn territory. Those who wore armed topped st the frontier. All the insurgents in the neigh>orhood, except a band numbering about one hundred ucu, uwyvivou vu IUV V/I MM luibmu wwyi Greece* A conference of the great Powers had been held at the iffloial residence of All Pacha, to consider the present Hate of affairs in Syria. The rosult is not stated. Advices from Athens announce that M. Mianli's military had been replaced by a new ministry, under the residency of M. Kanaris. A popular demonstration had akon place In favor of the latter. The streets of Athena vers traversed by patrols. The troops were not allows? >0 leave their barracks. Vathlon* for February. [From Lo Follet.] The only difficulty in describing the materials aad tyles in vogue at the present moment, arises from the ;reat number from which we have to select. So many lew fabrics have been introduced, and so many old ones mproved, that the description given, so as to present ea (lea of their real appearance, is no easy task. Moirea md taffetas antiques are as much in favor aa ever, bug he colors and designs employed are so diversified thai hey have quits a novel effect. Somo ars embroidered, mil brocaded with shaded flowers and leaves; other* villi amall satin stripea or crosabars. These are very ilegaat. Or sable?that is, covered with small spots nog argor than the head of a small pin?is equally effective; is white Bable with black, black with white, violet with ;old. The latter lias a very rich effect. In taffetas caiques many new designs have beon adopted. We notice! * mo, a very pale primroso, nearly white, on which vtn jn>caded l unches of flowers. Each group was en:in led with a nunow black line, giving tlio flowers the ipimaranca of being raised, oa a caraoo. We also noticed i white inoirn, with pink flowers brocaded in the mate-ial, and black leaves embroidered. This is the mode of :ho season. We must not omit to mention velvet, which is much worn, both plain and terry. Satin is also in great favor, tnd is manulactured in every imaginable color. Sky >lue,8ea green, pale pink, while and inalze, are the olors preferred for evening wear ; steel gray, golden irowu and violet, for out of doors. For eveuing dresses, he materials are richer and moro beautiful than ever, -'or instauce, tarlatan, gauze and crape, ombroidered in ;ome color, and sou inches in gold and silver. Chambery ;auze is always fashionable ; but for graude toilette tulle s the material invariably chosen, ao<l worn efiber with >r without flowsrs. The tunic is much in favor. For ball lresses tulle trimmed with double ruches decoupees, with ,unio of tulle, the same material embroidered in silver or [old, or stars and smalt colored flowers. We particaarly notice a white satin dress and tunic of thosame, .he latter, with small white feathers on tho edge,or llaced so closo together as to roprosoul a ruche. Another >f white silk, with a tunic of white crape, spotted with mall black velvet stars. Tulle or tarlatan dresses are naue with the skirts coverod with twenty or thirty larrow pinked flounces. Some skirts liavo alternate uchcs of blond and bouillonncs of tulle. We especially etnarlced one in the latter style. The skirt was of pink ilk, with alternate bouiilonues of pink crape and ruchugs of black lace. Tunics are seldom tnado of the satno material as the mder skirts. Fur iustunco, when the under skirt is mule of pla.n tarlatan the tunic is figured or striped with [old or silver. The tunic is generally raised by bouquets if flowers; or a scarf, placed over one shouhlei, and tied uider the arm, sustains it by being fastened to tlie under ;kirt. These scarfs are far more oicgant wiicu the enda ire loft loug and floating. 1/nv bodies h ive very littlo drapery, but are generally vorn with berlhes, trimmed with lace or blond For ,-oung girls the ceinture brassiere is very pretty and besoming: it is a berthe, formed by a ribbon edged with ace, which crosses in front and is tied behind, being listened i n the shoulders by a bow without ends. By hanging the color of this ornament a while dress may m worn several times, anil yet always appear new. The culture i. som-.-limcs tied in frout, and fails like a double cart on each side of tlie skirt. I.ong sc irfs of passoue 11 tone or lace aie also worn; tho toi mor witb thick naterials only, the latter on tulle or tarlatan. Tho bodies of ilres?es made in rich materials are almost ilw yJ ti iinmed with la o o.- passementerie; but they oust bo of good quality and ta d .doily selected, as coin mm triuini:: gs rattier deliuct from thin embellish a iri-ss. : The more aerial a drers hull is, tho creator the elsMil. i 9f the effect produced. A draw-hack, however, to .i..-.-e clou. > of lace and tulle is that, although the ' li'll 'S, uouiii union a:.u iiuuik ca iuuk n I miry iiko at luv -oiuinoucemcut of the owning, b-fore It is finished the ikirt appears ehirtuneo and .aycoil, fortunately, neither ailataa nor tulle ih very c ipensivo, and a few froeU touillonnes or ribboi.s of a difforoot color restore the appearance of tlie dross. l'or dinner dress, light c-lured foulard, Willi colored lowers.or tarlatan and muslin embroidered m colors, ire very in i h worn. Tho laiior is suitable for young adies, and i.? generally made dccollote, with small polleine ol bli tic: or cmb 01 isrod organdi. A dinner dress of shite foulard, with ln> ;q ,ots of roses, merits a short lescr.ption. The skirt a as trimmed with two frilled Jounces of pink silk: txrween ihcin worn placed Ave rows of pink velvet. I he body w s round and low, will* oertlie formed of U aid I'm - of ?ilk. Wide alcoves to the elbow,open up t j'o n ant trimmed to correspond with the skirt. , -r .. .? -s of tullo bouillonne. l'or quiet oveiiiag d: , a . I es n for ihe theatre, small jielorines are worn . t , round or pointed, and ?.re accompanied by snuii! n hi s. The pelerines are made of tarlatan, or oiaited tulie, trimmed wilh lace ro eiies or frills. They are made also ja black guipura or point do Vcnise. 'I he Qelius nr.- either high or low. The question of discontinuing crinoliu ? has boon much diseased; but, when wo mention that tho skirts of dresses are Ave yards wide, and that to Meet cages two ar three petticoats are added, it will be porciiivod thai iliere n no very great change us to circnmforeuce. The petticoats are perhaps not quite so large near tho waist, ' there is 110 differente 111 sire at the bottom of the dress. ; he bodies of ind or and v siting dresses art generally made ojienj some merely to the height of the low body, tuers quite down toih' waist. Within these open bodies ire woru muslin tlrhus and habit shirts, trimmed with aeo or embroidery. Spaniab [>oiui, chonil'o fringes, me lnllions and bows of ribbon or laeo are tb>< ornanvnts most in request for Bodies and sleeves. N e have seen govoral corsages with he trimming placed in tho form o.' a bertha?a moot beaiming style. Tho benhvs are round. The sleeves are pen. and not very large, an I trimmed clthor round or ip the seams. Many skirts are mads open nt tho seams, which art urned bank en revors, aud trimmed with ruches. A ikirt of a different material is worn underneath,and lliows at the opening or the scams. For instance, tho ipper skirt m.ay be of silk, and ths tinder one of terry or )iiiin velvet. Tho richest nnd most espensire trimming U the satin Hitch embroidery, worked by hand 011 the material. I hie style of ornament is only applicable to very rich 'abides?as velvet, taffetas, antiquo aud moire. We have seen a blue velvet dress, embroidered in goM it the seams, wlucu were open, disclosing an under net ucoat of white satin. stpenkmg of velvet, we remarked a riolet, with a bond of chinchilla round the skirt, up the 'runt and continued over ea< h shouldar. The body wm >pen acarly to the waist. The sleeves were rather abort in I large, open at the back, and trinunod with a band at 'ur, which was continued up each aide of the opcuiag. flicy were lined with white satin. We have seen two or throe t moire and taffetas antique Iresaes. trimmed with a firecque of niching round the ikirt. Theee ruches are sometimes in one uuhir, at others n two; one of the aameahado ns the dre-,*, the other * title lighter or darker, according to Uie fancy of ths *nai or. Some silk dresses have two flounces; the lower rather vide, put st-tight round the skirt: the upper, which is narrower, placed in festoons, and headed by a ruche. Ths xidjr of one of these dresses was reedo square, surrounded >y a narrow flounce aud ruchci; the sleeve trimmed la, .be same manner. for visits of ceremony, the pa'atot has been superseded )jr the velvet or cacbamire shawl WUes ma le In the foriter material, they are hadsoisely omlxoidered in aslts* Hitch, iiu1 flounced with lace; or braided and edged with, i bindsotne cbeni'.le fringe for ywinger ladies thus .hose for whom theabovo-mentionet* styles are intended, we recommend tie half Citing basquine, embroidered si si.k and jot; ayd the largo circular clo.ik, hand omely ornamen sd un the' shoulders end back, A, ths orin of a |sileri>e. Some loose psilet its, slightly markog tho flgure, ue tnado of gray or bla^k curled, plash, iiued with quriedsi.k, nod fastened with cut atcol but- ' Urns llounets are not quite ?o peenonccs In form- as they w re a few weeks ago. Two particularly attracted our notice. Ot?i of terry velvet sua carpo, the other of whits lilkaudvMet velvet. Tho lutcrior of both wai very I II. i r s of qnilied bloods or ponflh of flowers quite ah the top. Tlicae ci<|>? only extended acroaj the t ip of the hmnet from one aide of the head to tliec?tacr,tlio strings and liaj tilling up the rest of the a, ace With tlii* vie iT bonnet, the hair should In woru in hsndeaua boufflmts. _____ Commercial Intr'.Hgonce. I.ONIHW MONfcY MAKKKT. fFrnm the I/tndoii Times (< iy Ai liclo), Fob. 1.] The riiixt<* opened this moridng (.Ian. 31) at a decline or an eighth, and have been dull throughout tho day,the attention of the dealer* at'J hpeonlaloi* being chit fly di< Cto.1 to tho foreign andMiars markets, where there wae c . ido able activity. Tho withdrawal* of rpld to Frmet , ." i ae llbMt'N ol Uk IMb'ti ia MMb; Ml ill t 11 f t ?t . lit It i ..I | i a. y < i > tC Hi,. -uO'v iu.' iiuiwi i tie t? ha (.burned f?*