expressed himself satisfied with the course the discus sioii had taken. He then, in deference to the suggesthins made from both aides of the House, withdrew the motion. Opinions of the London Press. [From the London Times, March 18.J s e * The power of effoure which wo possess. and ths strong exercise of which makes us feared, is, tirst, the power of sweeping an enemy'n marine from the seas, and second ly, the power of blockading his ports and cutting him olf from (he commerce of the world. But how cun we blockade a coast when the seas behind the blockading fleet are ail black with the smoke of full freighted steam era, which are equally sacred under the flag of every nation, neutral or hostile? Capture is the only means by which a blockade can be enforced; but what absurdity could be so great as to allow au enemy's sliip to travorse the seas with her cargo unchallenged and untouched, and (hen to prevent hor from entoring her own port and consummating the object of her voyage* The object of a blockade is to bring a nation to terms by the interruption of her commerce. It is the most effectual plan yet discovered. If we wore at war with Kranre or America, and were blockading Marseilles or New York, what would be our object* Not to abut in a few wretched privateers, but to rut olf from France ttbe trade of the MoJiterraneon, or to cut of from New York the trade of the American marts and tkr commerce across the Atlantic. Would this be nothing, and would It have no effect upon the war* L?t Mr. Bright say whether he would advise his friends in the North to raise the blockade of the Southern cities. He will not venture to tell them that their task of conquering the South would be oasier if tkr cities of Charleston nually as the price of their cotton crop, and if Uie insurgent ' States were fully supplied with all that Europe could send out in barter for that mass of cotton. The power of blockade it that power which in the hands of a neighboring State most deters a nation from going to war with ti. and soonest im- < pels thai nation to make j*a-e with it. Yet It is a power exercised against commerce, against merchandise, against private property. It 1b enforced by the capture of ships and cargoes on the seas, it is , directed against the transit of private property to and I from tho city blockaded. There is no possibility of stopping short; when you have doclared ships of com-, morce to be sacred things you must go further, and doclare commercial towns to be equally sacred. Away, i .then, goes your right of blockade. You have only to advance one step further, and resolve that ships-of-war and fortified ports shall be also sacred, and you have arrived by a long circuit at the simple proposition that bencofortb there shall be no more war upon the earth. We should like to have heard from Mr. Cobden, or eveu from Mr. Bright, whether this Is the conclusion which they accept as tho natural result of tho proposition they make to the House of Commons. If they do, wo shall be content to leave thorn in full possession of so innocent a conceit; if they do not, we hare to learn the nature of tho distinction they draw between tho justico and propriety 1 of destroying commerce ashore and commerce atloat. We can And no answer to this in the debato of last night. No one has told ua how we con give up our right to capture enemies' ships and retain our right to blockade encinios' commercial ports. Nor can wo dud any other point throughout the whole of the speeches of tho promotors of the resolution except that we should lose a great many ships and a great deal of custom if wo went to war. U would seem to dispassionate observers that the very facts urged bo vehemently by the shipowners in favor of the immunity of their ships would, if they be believed, destroy their case; for they must render it hopeless that foreivn Powers would ever consent to an alteration in the law of nations that would be, according to their showing, so unfairly in favor of this country. If, aa Sir Stafford Norlhcote says, all the great argosies are ours, and nothing but wretched, worthless craft belong to any other nation, how can he expect that those nations would surrender their chance of so rich a prey, which they would enjoy upon such easy terms? Yet Mr. (bright says "he has the best means of knowing that other governments are willing." Suroly this onght to cause him to hesitate in his conviction that a bargain for which our rivals are so eager would he to our advantage. But, if they even did consent, what hope have we, from the speeches of the advocates of this resolution, that our friends would keep their pledge when they became our enemies? Mr. Bright Mis us that even during the Russian war the Americans would certainly have gone to war with us in six months if we had exercised over American vessels our undoubted belligerent rights of searching them and taking out of them Russian property. If this is what we were to dread,and if this was the respect which the Americans, when neutrals, were prepared to pay to the plainest principles of international law, what reason can Mr. Bright give us for confidence that the same people will be restrained by new principles of international law which require much more self-restraint, and which can only come into force when we become enemies ? But Mr. Horsfall's amiable conception was seed to be much too fine for this every day working world of mixed honesty and rogulshnese, benevolence and angrr pas* sion, eonlentodness and cupidity. When it becomes possible, our human nature will be so improved that we shall not need to pause at so small a reform aa this, but may do away at the same time with gaols and policemen, and bankruptcy courts and war. Jeff. Davli' Menage Still CanvaMed. ENGLISH COMFORT FROM A BK'OND CONSIDERATION OF TBR PAPER. [From the London l'oet (government organ; March 18.] The Menage of the President of the Southern Confederation 1b firm in spirit without being defiant, and candid without betraying apprehension for the result of the late disasters of his country. It readily acknowledge* that for once fortune hue deserted the Southern arras: and it refers their double misfortune to the extension of the national line of defence over too long a tract of country to be in keeping with the resources at the command of the confederacy. It holds that It was impossible for the Southern legions to be at once strong on the Cumberland river in Tennessee, strong on the Potomac, and strong upon tho whole of their vast seaboard. There is no doubt that this is but the truth. Armies onthe offensive and armies on tho defensive each have their advantages. It requires greater strength to subjugate a country than it requires to defend it; and, so far, the position has beon in favor of tho South. But, on the other hand, the attacking Power has, aa far as geography will allow, its own choice or the quarter to which it shall direct its assault; and there the advantage lies with the North. These circumstances ex plain why President Davis is atlll able to declare with probability that the Gulf States can noyer be trampled down by the enemy, and why the North bos been almost invariably vicioi ious on the seaboard. In i>cnctratinc into the far mterior of the Southern confederacy, tho Northern armies would bo subjected to almost every conceivable disadvantage. Rut in the maritime attacks made by the North against the Soutb, the former has Its choice of nearly the whole hostile seaboard, from the coaet of Virginia to tho mouths of the Mississippi. It was needful, therefore, for the South to he as strong at every point upon the seaboard as the North could render itself at any one point. President Davie, however, takes no comfort from this reasoning; he acknowledges the fall of Roanoke Island to lie extremely humiliating to the Soutb. Hut he looks, nevertheless, upon this disaster and that of Fort Ponelson aa merely exceptional defeats, and speaks only the language of encouragement and con A lence. The financial side of the Southern President's picture is certainly the most cheerful. He shows ttiat the annual expenditure of the Southern confederation has not ex- i corded $176,000,000. Mr. Davis may boast with reason that this does not amount to one-third of tho annual expenditure of the Northern government. He points out also that It Is inferior to the annual value of the cotton erop. But, uufortunately, the cotton crop yields no profits, owing to the des|>erato policy on which the Southerners resolved st the outset of the war. It is quite true, however, thst the relation of the expenditure to the value of the cotton crop, ir saleable, has a direct bearing oirthe capacity of the Mouth to defray the interest, in yeais of poace, upon the public debt thst thsy may accumulate during war. Mr. Iiavls appeals,also, to the increasing production of the implements of war in the Southern States as evidence of the increasing capacity ?f the South to continue Its resistance. He ob ervee, ici'h unquestionable trulk, that, when hostilities began, the advantage In respect or attainable materiel of var was greatly on the side of bis adversariee. The North lad nearly a monopoly of the artisans and workshops real trad for warlike purposes. It was, therefore, left with ho South either to make bricks without straw or to rely tpon import from abroad. Rut tho blockade deprived m of all but an incidental supply from other countries. ma he great part of the Southern army has since tak<-o maold with equipments of native manufacture. Mr. fr?avi* has. therefore, reason to maintain the iwsltion as sorted in his previous message, that his country was hecoming more and more indftrndrnt of the blockade, aa A that It was gradually producing all that was required both for peace and for war. Nevertheless, It appears impossible that the contest can continue very long. It is quite sufficient for one or lbs two eonfederacie* to b? unable to fight ( further in order to inaure it* termination. Wbe | tber the South can continue boetilitiea for an < indeOnite period or not, it are rat vtry clear that the north > cannot Victortoua in Tennoieee, grant proepecla open i before the more ambitioue politlclana in Rueton and New , York, who think they tec In theee ruccc**cb the fall of | the South. But public men at Wanhlngton, let them *ay | what they will, probably know better. They know that the farther they go the more th*y4w;ll he eiteudlng | their o|ierationa from the bare of them; and the greater, < nlao, will be the opposition they will receive. They are t in a fair way to rop?e?e*a the border Stale*. Rut thev i tea that nothing can be more different than reclaiming , Iennc**?e and reclaiming the (lulf States. Tennessee, | like Kentucky, ha* been lukewarm and divided From ( their own un?onle*ted territory they have made at laat i pome thing approaching to an acquisition of these two , warerers. But in iwnetrating the Uuir State* from Toniie*?o* tbey would not only hare a far more eerio i* opimaitlontoeoeountor?they would al*o run the danger i of Tennessee rising ugainet them In their rear There | i* no doubt that It make* an imineuao difference to the ( North whether Virginia, Kentucky and Tenne**oe belong , to their confederacy or to that of the South. Tho im- i pre**ion i* Paid to he gaining ground In the North, also, that thia i* the utmost limit or fedeial acquisition* that i I* possible. Tho recent aucoeaaea, moreover, appear to i baye been popularly conatrued in the North aa Implying i tbo cln*o of the war. They could only imply ttii* on the aup;>o*it ion of a coi*i<romur hrina imminent. for they rer i tainly do not ahake the Gulf State*. The Washington go i rernineul might now clo*a the atrugglo with crrUit to thrvurlurt, it 'key chute, ort thr hast? of the ntatif am. at I at any rale after a few fro*h oncouiitera should have mora clearly n*tahlt*hed the extent or the territory they bold. But there cannot be much douht that it they do not . the struggle muM before lung cloao of lt*cli by tht collaytr of A<rrth>m retourrej and the impmetuahilif]/of northern cimqunt. Capture of the British Steamer f.nbunii. IFroin the ton don I line* (City Article), March 14.) The American new* to-da.v (I81I1) contain* an account of tho capture of the I.ibnnn British *crow steamer (owned at Hull). of 1,200 ton* burden, while lying at M.itamora*?and, It in alleged, cleirly in Mexican water*?by the United Slate* snip of war Portsmouth Hi* vessel fiaa heen *out to tho North for adjudication, and the captain was delaine I aa a prla uer. Tho Imb inn to. I tin* i on t ry with an ordinary cargo comprising no war like materia * of any kind,ami wa* loading with o't it ?t Matamo'w* oo account of a Manchester bouse, for her NEW Y( return voyage The charge against her, and which is believed to he entirely unfounded, in that she had liui'led ordnance stores at Malamoras, but it is difficult to under eiand boa even tbal plea can cover a souuro by an American vessel at a Mexican port. Paper Currency of tbe Federal Slatn. lu the House of Ominous, on tbe 14lb of March, Mr. I'otter uakod (bu I'renideiit of tbe Uoard of Trade whether his attention bad been called to the practical increase of duti w on uu|>orts into the United States consequent upon sueb duties being payable only in specie, the iiroiiiium on Huch specie be ug likely to be excessive owing to tbe gradually increasing depreciation of American paper currency. Mr. M. Gibson said that at present ths government bad recolted no information that Congress had passed any act declaring that import duties should be paid in l?cie. it might be so, but be was not aware thai such was ihu fact. Of course the effect in such case would be what tbe honorable member had described. Tbe Question lu France* DEBATE IN THE LKCIHLATCHE?THE RADICALS OP PRANCE CONDEMN SI, AVERY AND ATTACK THE BLOCKADE?IMPORTANT 8TATEMKKT OP M. 1IILLAL'I.T, MINISTER AND GOVERNMENT COMMISSIONER.? FRANCE AS WELL AS ENGLAND RESPECTS THE BLOCKADE, ETC. The legislative body met yesterday. Count de Morny In the chair ? Tito order of tbe day was tbe adjourned discussion on the address. M. Haroche, President of the Council of Stato: MM. Billaull a.id Magno, Ministers without |>orlfnlio, uud General Alluid and M. Vuillofroy, Presidents of Section iu the Council of State, were present as government Commissioners. Paragraph five was brought forward. It is thus worded. The civil war which Is desolating Aui erica Is a great source of injury to our Industry an 1 c unmerce, and we desire ur .in. uiu: biiuHc Iii>9fn>iuii> uuouiu coine 10 a speeay mm. The legislative body highly commends your Mgjuty for having In this crisis. and above all. in the lecent dillerence between Ainriln and England, thought only of causing the riehtx of neutraU to be respeuled. A government which takes right and justice ae lie invariable rule will goon be. cotne the arbiter ol the peace of the world. On this the following amendment was presented by MM. Morin, I-cmeroier, f.uyard-Delalaiu, the Marquis 1'Andelarre and A. Jubinal:? The oivil war which desolates America is a serious injury to French manfaetures and commerce; we offer up the most srilent wishes that those dissensions tuav speedily terminate, ami that the great principle of the nbolttlon of slavery may Kimr victoriously out of the struggle entered into 011 that subject. (The remainder of the paragraph is in the address. ) m. Cai.vr-roonut inquired if some other amendments spoken of were to be withdrawn. M. R. Oixivikk wished to give an explanation of the amendment proposed hy him and others on the paragraph relating to America. The ameudmont expressed two ideas?first, thai there were grounds for causing the principle of non-intervontuin to be rospectcd in the war between the North and South; and, secondly, thut, as it was a question about the abolition of slavery, it was the wish of France to see the cnuse of humanity, represented hy the Northern States, come off triumphant. Tho first part needed no development, as the government hod strictly followed the policy of non-intervention; and, with rospect to tho second, there was a somewhat similar amendment presented by some of his colleagues. Ho should thereforo demand that both amendments might be discussed together The i'KKsinxvr?M. N'ogent-Saint-Laurens desires to oppose the first amendment. M. Oi.Livntii said that in that nose he should abandon his proposition and adopt the amendment of M. Morin. M. Morin (de la Ilrotna) rose to develop the amendment proposed by himself and colleagues. He considered tliat it was much to be regretted that the address, which expressed wishes for a speedy cessation of the coullict, did not express any for the triumph of the grand principle of humanity for which Franca hod always contended. The. amendment did not go beyond the expremrm of a detire for the abolition of itavery on the American continent; the .Southern Slain, grown uriur by mif fortune, mightperhap* proclaim abolition, if not immediate', at any rale gradual The result would be obtained, and France would annlnnd Th? hfw?nwtKin mamKaa n?? ?a ?Ua torn* oxample* of the horrors of the slave traffic, and of the cruelties which were the necessary consequences of slavery. Th-re was, in his opinion, no other question at Issue between the North and South. The South would have consented to everything could sho have obtaiued guarantees for an institution so dear to her. The North had not been too rigid, hut, on the contrary, too moderate, t'n dealing with the South. He could see no possible dangdr to French interests in the adoption of the amendment. There were many questions that caused division in the House, but that before them was one in which all might join in common accord. If. Ou.ivier?Well said. M. Ualvkt-R m.xajt should abstain from expressing sympathy with either the North or the 8outh, and discuss the question only with reference to the interests of Krench commerce, which was in a state of great suffering. The working classes of Lyons, St. Kticune, Rouen, Lille and many other cities were In criicl distress by reason of the interruption of their asportations to America. At Lyons, for example, with a produco of from six hundred to seven hundred millions, the exportation had fallen from fire hundred to one hundred and seventy fine million/. It was in presence of distress which was beyond the relief of the government or of private charity that he would ask if the commerce of neutrals ought to continue to be interdicted, undor prctoxt that there was a blockade of the Southern ports. France had always supported two principles essential to the liberty of the h-us?that theJlag covert the merchandise, and that an inefficient blockade must not be recognised. Those principles had been definitively consecrated by article four of the Treaty of Paris. From the date of the Treaty of Westphalia down to 1835, there had been many treaties of commerce, and twenty-two or them gave a definition of a blockade to the effect that a port was not blockaded unless there were real danger to ships attempting to entor. Article four of the Treaty of Paris was still muro explicit; but he feared there might yet he disputes on the s.bject when he found Mr. Marcy, the American Secretary of State, writnn? on the 2Sth July, 18.16, to the French" Minister at Washing ton that the government gave its assent tour tide four, but that the difllculty would always be to find out the quantum of force requisite to constitute ail effective blockade. Now a blockade, continued the honorable inemb-r, is evidently Ineffective when thee is only one vessel before the port. This is what is called a pa|?r blockade; a sort of blockade that was maintained by Fngland and Imposed on us after the rupture of the peace of Amiens In 1803. Rut between a paper blockade and a blockade enforced by an effective flotilla, thoro are inany intermediate ones, which, without absolutely preventing an entrance t-> a tort, may yet constitute a danger to these who alterant tt. Now I wish to examine whether the blockade or the Southern ports is maintained by a force respectable enough to constitute this danger. I assert, said the gjieaker, that it is not, and thluk that no more conclusive proof of my assertion can be given than the very long catalogue of sliifwt of all sorts which have entered or quitted these ports since tho notification of the blockade. Aulhenlic documents, letters from honorable merchants and shipowners, shew that any ship kai-iap for South America can U injurni l>v a premium n/ 7 (o W per cent. Tho honorable member went on to say that Karl Russell had written a despatch to Admiral Lyons to the effect that, although many ships had forced a pasaage, still the blockade of the port of Charleston had been regularly announced; und that, as ships of the American navy had been charged with Its maintenance, there was ground to regard it m effective. In that despatch Lord Russell departed widely from the declarations of the Paris treaty, and from the language of the circular of the French Minister of Commerce. Without wishing to revive.any antagonism ho (the speaker) could not but remark that the prindftlet of the twi nation/ in the blockade question had aiivayt been direrjent. England had accepted the Treaty of Paris; but howdid she interpret the fourth article! Only a few days ago the Solicitor General repudiated with disdain the new doctrines concerning blockade, and Mr. Gregory told the Bouse of Commons that the Don-observation of the declaration of tho Treaty of Paris was a deception for the Confederate States and an ambuscade for the Interests of commerce throughout the world. Karl Russell had declared In the House of Lords Lha.1 tho blMltadfl of tho AmnrlMn nnr*? i??h - -*?'? Live from the 15th of August, while the despatches of Mr. Bunch, the English Consul at Charleston, said that It was not so. Under such circumstance*, would it not be the right and the duty of France to reaume her mmmer:ial relatione with the porta of the United States, withxit, however, renouncing her neutrality* No one could recognize the odtoua plan of blockade hy the destruction jf the entrancss to the port, which might forever lujure in important eource of prosperity for the whole world. )(. (laaJintK nc Cassjtawac.as member of the committee, wished to say a few words on the amendment. The maintenance or the abolition of slavery wan a question >f administration or of internal policy, and If France were to express a wish that slavery should be suppressed n America, it would be an act of interference with the iffairs of a foreign country. After having flrst done so n America, France might next do the same for the 'panIsh possessions, next for the Dutch, and then Braxil, dam, and, in short, for every |>art of the world whare ilavery sttll existed. France had emancipated her own ;o|onies, and the other Powers wers freo to imitate lior f they chose, but she could not interfere with them. [Hear, hear,) Viscount Awaroi.n Tjimkr'tta observed that, in presenting the amendment under discussion, the authors of it were desirous of respecting thu sentiments expressed in Ltie address, and they merely added a wish which they tlwiticrhi to lin that nf th? tvhnl* I h?*?? ? -- - ??? . AIImj liuw uo itredtoadd after the word* "speedy termination 'tlw following.?" And that the front principle of the abolition ?f slavery may como out victorious from the struggle on iered inloon the subject." By eo doing they only eg. preened their abhorrence of slavery, and the Chamber would do well to adopt the amendinont Count l>* Tkowhuk could not admit that nlavery wan Lhe sole cause that had led to the crista in America, the motive waa alao that the South wlaliod to manage their awn alTnlra without being Interfered with, and. in hla opinion, Httrapeun rommcrc could nol fail to tine lit by lhe rentifatinn of that itetire. He feared that, although civil war might cense, the numerous volunteers who hud been for an lung accustomed to camp life would not readily ro turn to their mora peari fil avocation*, and that troubles and dlsordors would long ovist. M. Moris (de la Itrome) could not agreo with M. Ora Bier do Ca?*ngna> that the abolition of slavery was only a question of administration; it was one which essentially inleiestea the right of nations Slaves wer# Christians, M. Usantks tut Cassaosac? Tfce Afruan thutt were not to. M BuiArtT?Two questions have been mixed up In this discussion, and I am desirous of suymgal'uw words on each, (me of the ti .northlo members bus expressed doubts as to whettier tho blockade establisliod by tin) Wort hern States is effective, and appears to see an opi?< sit ion between Kngtlsh and French tendencies on the snhject. .Tin A it no 'he rate. The firinciplm taut,Ion n by lhe two aotrmmmft at ta the roiuti ion nernnty to r> inter the blo'lade effeetiot hare teen mitt nitty ,ta ptcd. Karl Russell ha- laid d >wn tho principln that the Otockn lo is Ollective. Tlio reason was tint oonshlui able \ rudonce is nee-ssary In this American qtiesti n,and that it is importent that If e Powers Interested thoujii tut incomer/, r vitt Poioerl itn not /link 'hi' the rffr ttre chune/cr of 'he btni k it' mo tie I'lHint, an t th y 11 /erf it. The I'mdcIi government cannot feel sarpri.-u ut the aym u'liy which I nut been eiprenacd on th* irroal uu?s, ion of )RK HERALD, TUESDAY", the abo|t? i.?u of slavery, for It shares in It. Whs" the scourge of slavery afflicts a country, we may ailv is* its suppression, but we cannot go farther. (Adhesion.) I>o you, who advocate neutrality, think that it would tin pi uilent and politic, in an address in which you express a wish to see an end put to the disturbances in America, to add words in favor of the abolition of slavery/ Certainly not. We express wishes in an equal degree for the North and for thu South, for wo desire to see an end of the civil war, and that brand of discord extinguished which has set fire to the country. (Ilssr. hear.) liaron Dk Kavmar did not intend to criticise the word ingof paragraph five, but he should wish to sen added soiiio words of consolation and hope fur the inanufacturing interests of lho country. The part lie represented was particularly alfectcd by the civil war in America, whe e manufactures wore in a state of stagnation from thn want of the raw material?cotton. It would have been a great satisfaction to have seen a mention made of Algeria, the soil of which was so well suited to the cultivation of that essential article, uud whence Franco might hereafter derive considerable resources. The Deputies of the Vosges had presented a petition to the Fmisiroron I tie subject, and they had been most graciously received. The address pointed out the evils resulting from iho American struggle, and an indication of 'he remedy to bo found in Algeria would have been favorably received by those connected with manufactures. Tlie Slidell Mission Near Ita End In France. [Paris /Feb. 25) correspondence of Loudon Star.] Tho .Southern Commissioners are working with oil their might to obtain from the French government a formal or even indirect recognition of the confederation. They are, I am on the t,ett author Jy informed, greatli diepiriled at. the reception which M Thaueene.l ya.ee Mr. Slideil. Everything was done to give the reception the most private character. By private I mean unofficial, and American politics were only touched on in the most geueral terms by the Minister for Foreign Affairs. A Southorn gentlemen, who is in the thick of the secession movement uero, retnurseu a tuw evenings ago iuiu. slaw.iy ha* made nick a wall of partition between tho South and Europe as to neutralize Mr. Slldoll's diplomatic talents. He also paid that he reared his friend would be obliged to go back to the Confederate States without having ohtuiued tho results which he came to Euroi>e to accomplish. I understand that several Southerners of standing in the confederate parly here have decided uppn offering to France as a guarantee for hor performance of the offers whieh Mr Slidell is empowered to make, a portion of Ixmisiana or Florida. Views of the French Press on American Affairs. The Journal dr* D'bcilt, of the 18th March has a lengthy article on the late discussion in the French Legislative Chamber on American affairs, and savs that that body did not bolieve it to be its duty to associate itself with the noble sentiment which iuspired a certain number of deputies to express their views in favor of tho abolition of slavery in America. Nevertheless the Drhats believes that the discussion will cause some satisfaction to the liberal public. It quotes the united views of a number of Senators, expressing the ardent desire that the dissensions might come to an early close, and that the grand principle of the abolition of slavery might come out victorious from the struggle. The abolitiou of sluvery, says the Dtbalt, according to M. Morin, is for all the friends of liberty or "common ground" ou which thsy can meot together. "It Is not," continues Ihe Debnt* any longer a question of the immediate recognition of th? Southern confederation. It is, we hO|>?. understood that if the struggle in America carries with it grave injury to our industry, it is an infallible reason why it should be prolonged rather than one should interfere. It is admitted that if the interruption of our regular commerce with tho United States, and especially of our exportation, Is a great evil, the idea of re-establishing commerce by cannon balls and a military expedition which would cost 11s at least twenty to thirty millions, is quite inadmissible. Tho Debate then contrasts the opinions of M. (Jravier de Cassagnac with those of M. de Morny. The former regards slavery as a purely American municipal question: the other as a question concerning the "rights of man." The Debate sides with M. de Morny. It then goes on to review the English policy in regard to America, and says that It is founded on principles as simple as comprehensible. All doubts arc disappearing, it says, in Francs and England, and it Is understood that if the nations of Europe were to interfere In favor of the Slave States they would be falsifying sll those principles which they have always been accustomed to invoke. The DebaU then advises the wise policy or non-intervention, counselling the nation to await patiently the issue of the American civil war without wishing to establish commercial relations forcibly,as this would only prolong and aggravate the conflict. The article concludes with a review of the operations of both sidos since the beginning of the war, showing the power and capacity of the North to deal with the rebellion. II says the only great obstacle of tbe South is slavery, and ends by charging on the democratic parly the breaking of the Union. The ParisContti'uHonnH of the 18th of March has tbe following remarks in its money article:?A sensible Improvement will soon be manifest in the cotton market, if by the capture of the Confederate seaports or by the operations of vessels running the blockade, the sup. ply of cotton should be Increased. The cargoes which have already been brought out of the blockaded ports are averaged at twenty thousand bales. The occupation of Savannah or of New Orleans will revive, at least it is so hoped, regular intercourse between England and the Southern provinces of the Union?an intercourse altogether interrupted for the last nine months by the federal squadron, as well as by the political views of Mr. .letter son Davis. The R-hod'Orar. announces that tbe agents of Manchester manufacturers, for the cultivation of cotton on the plains of M-tcta, would arrive at Orati hy the next steamer. Tho compnny would expend twenty-five millions sterling for the important 0|ierations tlicy undertake. The Courier tin Havre of the 17th of March, announces the arrival ul Toulon of the Russian steam Irigatu Uenoral Admiral, nnd says?"This vessel is comtnauded by Hofregon, captain of a frigate, nnd has made the last passage from Villafranca. She has a crow of 800 tnen, and was built in tho United Slates for the Emperor of Russia, ohe is piarced for seventy guns, but it is said that this immense armiameut has been found to be too much, causing the frigate to labor terribly, and it has, therefore, been reduced to liftv-six pieces of very heavy calibre. She is said to lie the longest ship of-war known, measuring one hundred feet from stem to stern. [Paris (March 15) correspondence of Loudon Tiinees] The denials ol M. Hillauit about tbe sympathy, or sup port, givon by tbe Emperor to the Austrian candidate for the throne of Mexico will not bo credited at Madrid, or, perhaps, at Turin. It was said the other duy that the Spanish government had hoen informed that, should serious dissension arise between the Spanish and Krcnch commanders, the latter would take matters into their own hands, without regard to the Spaniards. At Madrid it is thought thai the 8panish government has bmn somewhat overreached in this atlair. It i-certuin that neither the court nor the government regard with favor the proposal of au Austrian prince occupying tho throne of Mexico. and that if Ihcv cannot secure the iiliu-e for a Rourhon. they would prefer the xto/ui truo. I'nforl mutely, the Spaniards ure most unpopular in Mexico. THE INVASION OF MEXICO. Forward March af the French Army? Fraternization ot the Mexicans and Frenchmen. A communication from Toulon, in tbe Mr**agrr du Midi of March 6, say*:?The steam transport, the An tie, has arrived in the roadstead from Mexico. This \ esse!, going before the wind at the apeod of eleven knots an liour, anil driven hjr the hurricane which has lately prevailed in the Atlantic, made tbe passage in twenty four days, during which time her fires were only lit to pass the Htrait of Gibraltar, so that she has anchored with Ave hundred tons of coal in her hold and one hundred and fifty tons in sacks. Some of her boats carried away by the tempsst and water cntsriug In iirofuslou by the scams from the straiuiug of the vessel were tbo only drawbacks on this magnificent passage. At the moment of her departure from Vera Cruz, military afTairs in Mexico were taking qulto a picturesque turn. While theallied commissioners were In parley with tbo government of Juarez, the generals hid uiadc a forward movement to preserve the expeditionary inaips from the latal Influence of the climate on the coast. During that march about a thousand Mexicans were met with under General Uraga, who sent to ssk the meaning of this armed demonstration. On the reply that they
were looking for a healthy and convenient site for encamping, tbe Mexican General formed the head of the column ax far as a plateau, the comforts and dsltghta of which he described, and tn order to give tbe example he established his camp at a distance of six hundred yards from thai of the Allies, who occupied the little town of Tejerla. They were hardly installed when the French and Mexicans fraternized like old friends, and the men who were sent from the camp on expeditions for food wars at once loaded with provisions, in order to spare them the trouble of looking further. Tbe Mexican General having Inarnvd that the Trench were in want of fresh meat, in consequence of the delay of a convoy, sent several bullocks, only requesting that none should be given to the Span iarde. The Mexican expedition would have already terminated amicably bail It nut been for the presence of the Spaniards, aguinst whom Mexican exasperation is enrried to the extent or fanaticism. The Mrxieaa Expedition In the French Le|lilstxre< tn the French legislative Corps, on the 18th of March, there was an Interesting debate on a motion of M. Jules Favre, on the allied expedition to Mexico, In tbe course of which his Excellency M. Billault (the French Minis ter) made some important remarks. He xatd that the declaration of war against Mexico was as lawful an any declaration of war bad ever lieen, after long years of odious outrages against Frenchmen The governments of that country (Mexico) not only did not afford protection to French citizens, but had cooperated to nip' the brigandagn of which Frenchmen had liren victim*. The blood of French cltlxens had boon ?h?d, their money extorted, ntul their property confiscated ' Many of their consul*had been imprisoned, and even one of their minuter* had been menaced Wo have suffer ed,continued M Hlllntilt. during a number of year* all that the patience of a ifrcat nation could tolerate; hut our diuoity and our Interest marked out ' ihu termination of tho vlolonce of that anarchy < Ihe Hon M Jules Favro lias said that aii ac < oni modal Inn was very easy at our instance. Hut tho dliferent governments ol Mexico had boon prodigal i with lh??e. Every one of them made promises to-day to I violate tlirm next day. In order to indemnify us they I uei.ectod a large suin of money in a secure place, which, t being once m cumulated, they were tempted to stn.il themselves. (Lai ghtcr.) The Hon. M. Favro advises us to occupy their | ;>rts ind to retam the proceed* of their customs l?sad the luat despatches and it will lie seen that that agreement wna made, and tint, i the next daj a dwerto ol the Mexican government I annulled th i' import duties and ordered export duties In their stead. I ask yon, genllooien. If no many < injui les fttnl tnm l ei led should Hot have caused a limit to thu pitionio ol FraoceT (fries of assent.) To undertake the defence of a government which lor forty yoara Int' giveo an example of tho in at deplnraWo anarchy, is | to iirosui.iu too much on elope c . ami not to form a | pint coOl epl Itn of I lie political vlcr s o! the Ssinhl) The war I* nocc-snrr. It is lawful: it Is demanded hv the lienor APRIL 1, 1862.?TRIPLE and the interest* of France. France has not aem this expedition alono, aud yet you complain. There is, ue vortholess, m these wars,made in cmiimou, agreat political idea. The Power* of Europe are easily made jea luue on the territory of the New W orld, and it was to prevent the slightest suspicion that we said to England and to Spain, come with us. Wo said the same thing to America; but she refused. She has ulterior views, which are not convenient to our policy. Our offer was loyal, and wo have had rea on for making it. (Cries of "Wood, good.") That expedited, made by three Powers, ought to assure you against those suppositions which have been the basis of your discourse. You attribute to the government I know not what projects, without being able to produce any proor in support of your assertions. Tlio true m dives gf the expedition are seen in the convention pissed bo twecn the three Powers; it is the most efficacious protection of the iiersons and property of our citizens. In regard to the observation of the Hon. M. Jules Favre on thu subject of modifications in advance in tho interior government of Mexico. I again apiteal to the convention. It is seen that that engagement of the thrco Powers does not seek, in the Mexican expedition, neither au auuisiti >11 of territory nor private ail vantages, nor to exercise any influence that nught prevent the Mexican nation from freely choosing the form of their government. These are the obligations, plain ami precise, regulated and accepted by the three Powers. M. Jules Favre inquires whv we go to Mexico, in view of tho fact that, in a sanitary and topographical as well as political point of v icw, there can be no benefit effecled. To remain on the sea coast would rortuinly be to do nothing ugaiust Mexico and to give up our soldiers to dis ease. We must leave the yellow fever behind us, and go to Seek enemies has re !..nl,ml>l? >? i!,.? ?,t?rnir of the country. Wo left Voru Cruz on the 20th of February. Wo ought now to bo in Mnxlco. But if by a revulsion it is very easy to foresee, thOM populations, which for forty years have been op pressed by various governments, which have succeeded each other, should ariso and deeiro a government of order and liberty, shall we prevent them V Will wo iitt pede this unfortunate |>eople from seeking a now < on\bi nation that will assuro prosperity, security and life? No. That Iilierty must bo left to thein, but we will exercise no constraint: our moral aid and our counsels are assured to that imputation. Our material force, never The independence and sovereignty of popular wishes will no more be violated in Mexico than in any other place, lu regard to tbo rei>orts which have given umbrage to tlio Minister of her Rritannic Majesty, lias there been anything serious in them ? Some French officers may bu#e said, on leaving for Mexico, that they were going to establish a kingdom for a German princo. What authority would they havo for such assertions? Notwithstanding, the Knglish Ambassador was troubled about what was said in this res|>ect, aod ho went to our Minister of Foreign Affairs, w ho replied to him?It is not so. These aro the facts. In short, this legitimato war. demanded by our interests,shall bo energetically conducted. Wo hope that the expedition will permit that unhappy people to establish a bettor government. That result we will aid with all our hopes. Rut we will not use our arms. 1 close with one single wish. and that is, that the arms of France may triumph iu Mexico as elsewhere?as always?and they will assure pea eatid liberty. (Applause.) Tlio amendment of M. l'avre against the expedition was lost. Spanish Feeling About the Crown. [From the Epoca or Madrid. March 9.] If the fortunate star of Spain should rule that a Spanish prince is to occupy the llrst throne erected in North America, wo shall bless Providence, wbich visibly protects our noble nation and dynasty. Rut If the event prove otherwise, and it shall please the Mexican people to place the crown on the hoad of some other illustrious Catholic prince, we shall say that Spain, in going to Mexico, had no other object than to fulfil a disinterested mission, and to restore peace to a nation which she had already civilized. TWO DATS LATER FROI EUROPE. ARRIVAL OF THE JURA AT PORTLANDThe American Emancipation Message in England. Mr. Lincoln's Policy Approved and the Union Cause Benefitted. IUao. 4k. Cn?4.. Vvr 11129VUVI a laiivu iiuui inr ounivi vj the Moore Shipped for llome. THE ITALIAN QUESTION. War Preparation* of Austria on the Venetian Frontier and the Po, Jiff.) Jiff.) Jffi PoBTtAHi), March 31,1869. Tb? Jura, from Liverpool at half-past one 1'. M. of the 20tb, and Londonderry 21st inst.. arrived hero at six O'clock this afternoon. She brings 174 passengers. Tlie Corps I-egislatlf of France has (March 21) adopted tho address to the Kmporor with but nine dissentient votes. The Hibernian, from Portland, arrived at Londonderry on the morning of the 19th, and at Liverpool early on the morning of the 20th. THE AMERICAN QUESTION. President Lincoln's Kmancipation Message In England?Iti Great Importance and Good Effect?Russell of the London Times 'Prophesies Again, and at the Moment He Is Proved False?An English Warrant; Iter an Alleged Federal Soldier?A Lieutenant of the Sumter Shipped for Boston at Tangier. President Lincoln's emancipation message had attracted much attention in England. There is little time ypi lor comment. Tbe Liverpool Poet rays there can be no doubt it will have an incalculable effect t'w Europe, and t/lat effect will be mnet favorable to the JVorihern comm. The London Timet, in an editorial on the subject, tnjr ?"It itthe >nott important news lince the split. The President'* avowed object I* to recover to the Union the border State*. The proposition ie important, not for its intrinsic likelihood of acceptance, but simply because It is a proposition, and is the Jlret bid made towardi putting an end to the war. We may hope others may follow, and that the Horth may gradually rite in it* offer* until something acceptable has been put forth. Tbe only reply of the south to President Lincoln bas jbeen a resolution of tbe ronfederatc House of Representatives, to hum all tbe otton and tobaoeo that may be in danger of falling into Ibe bands of the invaders. In every point of view tbe proposal of the President gives great soups for spoculafluo, and perhaps sonte glimpse of hope: but it isfor what it may herald, and not for what it is." Russell's correspondence to the Time* is again dated from Washington, and comes down to March 3. He says the weather has prevented General McClellan's advanceHe praises the constancy and tenacity of the Uonfede ales. He says tlie Northern troops were getting wary '/ war and clamorous for furloughs. Tbe magistrates of Sunderland have issued a varranl for the apprehension of I'redcrick folburn Curtis, ssid to be a general in th^ ederul army, who, two years ago, left bis wife and Us ihitdren > h arguable on the parish of Sunderland. Gibraltar advices to tha 14th say ths fed oral vessels ruacarora, Ino and Kearsage were at Algeslrsa The lieutenant of tbe Sumter and cx United States oesul at Cadlv, who were arrested at Tangier, were .raiunerred from trie ino to me Harvest Home, bound for Bottom It is Mid they were put in ironn. Grref Britain. The proceeding* m Parliament on the IStb were unun aortant A general meeting or the Atlantic Telegraph Company en* hold In 1-ondon, on the lflth. The director!' report svn* adopted Hopeful view* were entertained. It wae innnunrad that lord I'almorston would receive a depulation from the company on the euhjecl the following seek. The Marine etatmtlc* show that In live month*, ending lanuary SI, about thirty-el* veeeele laden with ttour wrt grain from A mer tea for England worn lout The to lal cargoes exceeded 700.000 hnshela. France. Additional troope were being sent to Moxiro, and a new brigade wae to leave Toulon on llio following wnelr. 'amp* at Chalons and l.yotie were to be opellea earlier ilinn iieuui. Thn society for Ihe propngniton of rommerclal reform u Frain e have iinaiiimoueiy voted it Inexpedient to ro oal nil dtitle! on rnw material imployed In building and ltting etiii*, aiitl assimilate all (.a^a iu regard to cueloma mil duties. The Bourse was dull, hut rattier Armor Italy. It no reported that(larlbnh.i hid another long inter new wllii Rut a//. I, and Had postponed hi* despitr turn rem Tu. in for a iow days. It wai rumored that Far In I had accepted the Ministry af Foreign AtTairr. Austria. (iro'it precautions worn being taken by tho Austrian roxerono nt hi Hie Venetnn 1 untie-s I'lm udtanced jsisla It-id lii?>M iloiil'isl hi * I o j.-:. i ns u augmented. I'll , * li.al u.; i Ins.-n pit lied i ll|; lae tie ol lit i'o, TiiO Fmperor had gone fru it Venice to Vkcnziu. SHEET. A raptam anil two officer* of the Austrian fleet wer* arrested at Vantua on suspicion of being partisans in th ' Italian cause. Prussiu. The democratic press (if (lermnny were denouncing J nio.-t bitterly tbo appoint men t of Prime li< leuloUo a? President of the Prussian Council,owing to his retrograde principles. I Orcrff. All the eantiou of the insurgents hnve fallen into the I bauds of the royal troops. A small garrison at Syra was captured, and order restored at that place. The insurgents at Nin pi in a.-ked for un amnesty iuul armistice for twenty-four hours, which was granted. Constantinople advices say that a corps of observatii n. consisting of 2OJJ00 Turkish troops, had been despatched to the tlreciaii [rentier. THE LATEST HEW8. Liverpool, March 21,1862. The Ktna, from New York, arrived at Quooustown March 20. The extraordinary Japanese Ambassadors, deputed to visit the various countries of Europe, arrived at Suez on the 20lh. Rome, March 18, 1862. The Pope has been ill for the past week. His strength has been much prostrated, aud be has suspended his audio! cc*. I.ONM'N, March 21,1862. There was a h avy fall of snow In England i u Thursday night. Commercial Intelligence. I.OXPON MONEY MAKKKT. Erie shtras, 33Ji: Illinois Centra's, 42,t, discount. ionso:s i ici-.eu at ya^ a w-imr money r unus uii ma 19th wore dull, ami an eighth lower. The discount, market wax easy, and tlio demand light. Cold (lows to the bunk In larue quantities. There ie some expectation of au early rediiction or the bank minimum. 1'undft were rather llrnier on tho 20th. Thursday's bank return shows 1111 important addition to tho bullion and resorv o. The London Timri (city arliclo) says English funds were quiet but firm yesterday. United Statr five s are quoted at 70 a 77. LIVERPOOL COTTON MARKET. Liverpool, March 20, 1862. Sales three days. 19,00? bales, including 6.500 to speculators and exporters. Market quiet and unchanged, but closed with an upward tendency. LIVERPOOL I1KEA PSTl'EKS MARKET. Richardson, Spence -k Co. and Wakefield, Nash & Co. report Hour dull and dowuward. Wheat active; red Western, 10s. 6d. a lis. fid.: red Southern, lis. 8d. a lis. lid.; white Western, 12s. fid.: whito Southern. 12s. 8d. a 12s. lOd. Corn tending upward; mixed, 28s. yd. a 29 s. LIVERPOOL PROVISION MARKET. Provisions steady. The same authorities report:? Raef steady. Pork steady. Huron active und firm. Lard buiut and firm. Tallow quiet hut steady. LIVERPOOL MARKETS. Proditk.?Sugar quiet but steady. Co (Tee steady. Rice firm. Amies quiet: pot.-, 33s.; pearls, 32d. 3d. Spirits turpentino nominal. Rosin dull; common, 12s. fid. a 12s. Ud. LONDON MARKETS. Iaindon , March 19. 1862. Breadstuff still declining. Sugar quiet, but steady. Cofi'eo firm. Teas dull and unchanged, ltics quiet, but steady. Tallow lirtn at 4fis. 3d. Linseed oil firm at 3C?. fid. LATEST MARKETS. London, March 21,1862. Consols for tnoney 93TJ a 94. Illinois Central Bhures 42a discount; Eries, 33t?. The bullion in the bonk has increased ?621,009. Paris, March 21,1862. Rentes have advanced to 69f. 00c. Livrhpool, March 21,1862. Cotton.?The Brokers' Circular roports the sales of the week at 29,000 bales, including 4,250 to speculators and 100 to exporters. Prices have advanced oiio-eigth a onequarter of a penny per pound. The sales to-day (Friday) are estimated at 0.000 hales, including 2,000 to speculators uud exporters, the market closing firm at the advance. The stock in port is estimated at 493,600 bales, of which 150,090 are American. Breadstuff are quiet but steady, except wheat, which tends downward, and quotations are barely maintained. Provisions steady. NEWS FROM WINCHESTER, VA. Drsth of Wounded Soldier??Incidents of tUc Iluttle?Condition of Gen. Shield?, Ate., tke. Winchest*r, March 30,1802. The following wounded died yesterday and to-day, and were buried by Captain Vandcwan:? Michael Martin, Sixty-seventh Ohio. George Gardner, Fourteenth Indiana. Jacob Wolfe, Sixty-seventh Ohio. I'nknown, Twenty -ninth Ohio. Wm. Whitney, Thirteenth Indiana. Isaac Jackson. Twenty-seventh Ohio, died of fever. A. I,. Brown, Kighth uhio. One unknown. Another unknown?on his arm were the initials T. A. W. Wallace Colburn, Seventh Ohio. , K. K. Dunce, Sevcuth Ohio. His body has been delivered to his friends. James Gordon Evan?, of Company C, of tha robel Twenty-first Virginia regiment. Previous to the foregoing our loss stood as follows:? Killed and died of wounds 103 Wounded Atl Missing 24 Only a few of the reports of the detailed rogiments have been yet received, owing to the distance and scattered positions of the regiments. Three or four days will elapae before a full list of names can be received. I>r. Kerney, Medical Inspector of the Army, has been engngod in looking into tbe condition of the wounded here, in connection with Modical Director Wm. S. King, of the Filth Army Corps. Notwithstanding the great scarcity at Ursl of tinware, crockery and hardware for hospital pur)toses, the deficiency has, in u great mousure, been supplied. The wounded arc now contained in two hospitals, and are under the immodtate charge of Dr. 11. Dry ant, Modical Director of the division of General Shield*. About two hundred and thirty sick and wounded prl luutm nuvn uti'u roiik iu rrrueriCK. Sixty wounded rebel seldier* bare l>een taken from the hoe|iltal and placed in the bounce of their friende on their parole, to report on their recovery to the nearest commanding officer. Our wounded are reported aa generally doing well. They number here about three hundred. The atatemont la the newspapers that Major Perking, ef the itafT of Major General Hanka, was Instrumental In planning the battle, la contradicted, although his progeni a and advice were of great service to Colonel Kimball, who commanded the Held, under directions fr<>ra General Shields. Medical Director King, of the medical corps, and Surgeon Jackson, of the Twenty-ninth Pennsylvania regiment, were present as volunteers, and rendered efficient aid lu clearing the Arid of the wounded. Gustave Arnheim, of the Zouaves d'.tfrlque, acted as aid lo Colonel Baum (chief of General Shield*' artillery), and was severely wounded in the leg. Colonel Annssanel, of the f irst Virginia cavalry, rendered great aid to Colonel Kimball, and was in the hottest of the Aght. He has just been informed of his acquittal of the charge of cowardic* instituted sgainst him by General lander. Our cavalry to-day brought in two guerillas from Hampahlra, on* of whom belonged to Sheer* mounted militia. Today the weather has been painfully gloomy, the rain falling rapidly and freezing on everything it touched. To-night we were visited with Uio tint thunder storm of the season. General Shields continues to improve. The follow ing is a complete list of casualties in th* FIFTH OHIO HKOIXKNT. , B1UJC0. Private Pleasant Drown. Sargeuut Ik?\ id Johnson. Private J. W. Nyohans. Private Martin Halley. Private Chas. QUI. Private Henry Slpper. , Private W. H Kognrt. Private Peter Hopel. Private Henry Mill. Private Win. R. Minors, llorporai t'hee. Talbot Corporal J. P. Sheridan. I Corporal David Johnson. Corporal Tbonms H. ladol). Captain George H. Wblt<-otn wotxPSP. rim i.i. im. nwiiaaw. i rivitiv nra > looiyi* Sergeant Kdwin Swain. shirk. Sergeant Fred'k Fash. Private F. D. Hat-tain Private Patriik Matenoy Private Alfred Coleman. Private Jacob Kaunt. Private Alonzo Cartinhan, Pnvato Peter Ketfhrt. slightly. Private Jame* Kimpson. Private ( has. Peel, (lightly. Privato Jno. WCIeightou, Private faddy Veughan. slightly. Private Martin lloaro. Private Paul Mclhmgall. Private H. A. Hulsar. Private Win Miller Corporal llenrv Teal. Private Phillip l.lppnrd. Corporal Cbaa lapp. Private John Nolen. Corporal Henry tiastrill. Private Witt. Frank Curjiorai .tohn C, Fdwurdv. Private Jos. tioodull. Corporal Win P. I^nda. Private Joe. Hunter. t^rjHiral Thoe. Aiken. ITIvate Alonao Vile. Corporal Otaa Cord. To the llet of caenaltiea in thn one tlundrod anil TVntb Pennsylvania regiment Already publttihed, we have to add tho name of W. H. Rooksporger. 1 Wist ntFTV.it, Mart It 81,1888. The report that tho wetinded in tho late battlo near ? Winchester wore neglected In piotioimred hy Surge, u 1 0. C Keency, Mod leal Inspector of the United States Army, to he wholly unfotinded. He was ordered hllh. r hy tho 8ui ueon tienernl to Int oetigato tho hi 'pltal tnd surgical ilepartmonti, and, if necessary, remove the r wihii J -.1 to Washington, Italllrtiore ,1- ci*uwl.rte but he I report* that ihej are m II (|uerterol and well treated l y v 3 the surgeons of the divisiou, and genoraJJy doing well. Hi - uggeats that it would be inhuman to move them to nth r places at present. Surgeon Kecney being ill with pleurisy, Powers hag gent the sick to Frederick to make room for the wounded. General Shields has go far recovered as to bo able to pturt for Strarliarg to mi rrow. Some firing was heard by the officers in Strasburg yesterday, apparently In tho rear of Jackson's rendezvous. The cause >s not yet known. Washington, March 31,1862. Miss Pix, accompanied by three nurses, has gone to Winchester with a large supply of fresh fruits, vegetables and delicacies for the wounded A quantity of hospital bedsteads and comfortable bedding was also sent op by a special train. THE IMPENDING BATTLE AT CORINTH, MISS. The Bebels Reported SeventyFive Thousand Strong. BEAUREGARD IN COMMAND. CORINTH BEING FORTIFIED, lie*) kfi) kci [From the Cincinnati (iazetto. March 29] By telegraph vial airo we have, from our correspond ant at Savannah, uu the Tennessee river, news from QcucitU Grant's aruiy up to Wednesday evening. The hosts were being marshaled on both sides for u grand buttle. The Louisville Jourtuil has a letter from uu educated military man?a Northern man?at Nashville, which slates that there will be a rebel force on tho new line, extending from Ikcatur, Ala., to Island No. 10, of two hundred Mioiisuud men. Evans, of Geors .he says, his arrived from Manassas, with the (lower of the army which fought us last July. From all the indications, tho impending battle will be far the most important of uny that has yet been fuugut in this war. Savaksau, Tenn.. March 26, ) Via Cairo, March 2s, 1862. j All our scouts concur in the si moment t hut the rebels , are concentrating the main body of their forces at Corinth. Miss. Troops arrive thero daily from Georgia, Louisiana. Alabama, Mississippi and Tennessee, wins estimate thr.m now at seventy live thousand, but forty thousand is doubtless nearer correct. Beauregard is in conimnml. He sent out several regiments yesterday to tako a position six miles nearer our lines. Our scouts have returned from within the rebel liucs at i'urdy this morning. But two rebel regiments were there, with a section of urtillery and two companies of Mississippi cavalry. They have no intention of making a stand there, arid are at that uoint simply as an ouli>osl and to impress Union men. I'urdy Court House is now full of Union men of that place. The latter are fearful of having their houses and all their property destroyed. Squads of reb -1 soldiers are already seizing all their previsions and everything thut can be of use to the army. Owners of cotton are particularly alarmed. For tlielr benefit all the transports returning to l'aducab are ordered to take down any cotton that may be brought to the river bank east of Corinth. The rebels have force at luca and other points on the Memphis and Charleston Railroad. A courier started from our headquarters two days ago across tho country to Buell's advance. We still await tho return of transports from l'aducab. Rebel gunboats are in this neigh borhood. The Dun bar is said to be coming down toward I'ittsburg, landing occasionally. She keeps at a respectable distance, however. Deserters continue to come in from rebel posts. Itoey say half the soldiers would desert , if they could. Ou deserter says out of ninety-five in his compauy in one of thn i'urdy regiments, thirty-four had deserted and twenty more were eager to do the san e. Our troops, for a week i>ast, have been under orders to march at an hour's notice, with ton days' rations. Cairo, March 28,1862. A gentleman returned here this morning from Pittsburg and Savannah, on the Teuuessee, reports that on Sunday and Monday lost General Sherman made a rocon nonsense in force to Pea Ridge, near the line of the Mobile and Ohm Railroad, whore it had beou roported the rebels were fortifying. The reconnoissance wits complete in every ( articular. Mo enemy was found, however, iu the neighborhood. The expedition returned to Pittsburg on ruesday. Our forcos at Pittsburg are being rapidly augmented, steamer after steamer arriving continually, laden with fresh troops. The latest advices from the rebel camp at Corinth give the strength of the force there at 70,000 strong. Kecenl indications relative to tho persistent efforts of the rebels to fortify the town of Corinth would seem to demonstrate an intention to make a vigorous resistance there. It is, however, the general belief of all the prominent officers of General Grant's command that I he rebels will rotrcst on our approach, but should a battle occur at Coruiib it will doubtless be ono of the hardest fought and Moodiest affairs of the present war. un Sunduy last information was received at the headquarters of General Grant that a considerable amount of pork was stored at a point on the river called Nicholas landiug, sixty miles southed Savannah. Major M. Smith, of the Forty fifth Illinois, with 150 infantry, and Captain Osband's company of the Fourth Illinois cavalry, wera despatched on a steamer to procure said property. Arriving at Nicholas landing information was given by contrabands concerning the locality of the |*>rk iu ques tion. Within a circuit of fifteen miles 15,000 lbs. of ireah pork and 40,000 lb'- of cured hams, shoulders, kc , were discovered and confiscated, placed on the steamer, brought hi Savannah, and turned over to the Commissary Iiojiartinent. Nicholas landing and vicinity havo been a mart for the pork business for the Confederate Slates army for a long time. Immense quantities have been brought there and stored for the use of the Confederate army. Had information arrived two necks earlier it would have secured to us upwards of 200,000 lbs. of meat. Within that limo the rebels havo transported large quantities southward by teams. on Monday the gunboat Taylor ran up the river to the vicinity of Fast|>ort. near which point a masked battery opened on tlicra at the distance of 200 yards, one shot striking the suiokc suck of the Tuylor. A number of shots were exchanged, with what effect on the enemy's works is unknown. The engagement was extremely stunted while it lasted. uliWard of tiflv shots bents fired. The Taylor recen i*l no oilier injuries than (Into Above staled. and nobody *?? hurt. ('allium* Kedard anil Carson, of General Smith's scout*, returned to Savannah from Na?h\ llle,overland, on Tuesduy night, n* hearer* of dv*;<alchcs from lirneral Bnell. General* Nelson's, Thnma*' and McCouk's divi?K>ns, of Buell's column, reached I luck creek on Sunday I art. Captain liedard reports a strong loyal sentiment in several districts of Tennessee hetwsen Columbia and Savannah. Ha overlook certain banda of marauding rebels, but their iduulity not being suspected, they ware allowed to |?as unmolested Union men live in extreme fear of these marauders prowling about 111 their vicinity, end are anxious for the approach of the government forces. A mas named Morris,one of the Jessie scouts, was hung at devaunah on Snuday, for horse stealing and other depredations from privets citizens thereabout. Arrival of tie*. Fremont at Wheeling. [From the Wheeling Iirtelllgencer. March 29.) General and Madame Fremont reached the city yeaterday morning, and stopped at the M l ure House. Uene rel Fremont I* accompanied by e portion ot hie staff, including Major Zagonyi, N. Punka, F:. Glvkaand Albert Tracy. We are not advised as to whether the (ieneral will moke hia headquarters permanently at this point. NEWS FROM FORTRESS MONROE. Arrival of the Congressional Excursion Party, die. Fort*as* Movnos, March SO, 1M2 The weather here to day Is unpleasant and rainy. The steamer King Philip arrived from Washington this afternoon, with Vice President Hamlin on board, the Senate Committee on Nnvel Affairs,and several other Senator*, Repreaenlalivea and invited greets. The party will return to-morrow. There it no newt. Tfewe from Oenerari The bark Princeton, Captain Kinsley, arrived at thia port ycaterdsy, bringing us dates to March 10 Business wan dull. Monoy matter* were very tight, awing to the American war. All par tie* were aaxloua that the troubles should lie speedily arranged. A large number of apprenticed coolies had arrived during the previous two months, and had been distributed among he different plantations. It was confidently expected hat a larger amount of sugar would be produced this i'oar than any previous yoar. The lately appointed tutted States Consul, T. D. Ed wards, Esq., had arrived, and baa a pleasant office in a imminent part of tho city, and i* giving his whole alter Ion to hta oflktal busmen. Both slnpmaater* and mer iliante say they And biin courteous, affable and prompt. He is a warui and able advocate of his government,and lias do doubt exerted a Rood influence in favor of the ;aunc the l/nlled States government la uow engaged to lie has gathered many friends about bun. Nn vlgnt ion of the Hudson River. AUUXT, Mar. h 31, IH6Z The icc I* moving down the river witb tho tide. Navigation Wrilwaril, Duxmnit, Mnretl 81 1WW The 1'rie Railroad steamer K.iiiura arrived hero with * rail cargo from Toledo jr eater day aftarnoon, being the lrat arrival of the seaann. Navigation at this point I* now entirely Tree and tinibsiructed, and etenmors wdl run regularly to Western par tiler In the llnitini- of St. .Inline, It, --T. .1 0 *?. N v., March 31.1mm. 'Ibis harbor Is completely blocked nti with lee No nail- have been tee. ;vod li -re or dep rte.l beta o f. r tlio Hi t fl . Weeks. .1 III e Steam- r |?. d lu this morning, ft t a* her ray through a dense p? w of lee. -* I!