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t a lose to account for it. The same Journal regards the news tariff in effect prohibitive. The import trade with Europe will be all but annihilated; but the effect will be most severely felt in America. The measure will enlist on the side of the South all the sympathies and interests of the two greatest nations in Europe. Great Britain. The Parliamentary proceedings were not of much interest. The fortifications were again discussed in the Commons, and there was a in which Mr. Cobden and Lord Palmerston indulged in some rather bitter personalities. In the House of Lords the African Slave Trade bill had been read a second time. Earl Derby expressed fears that unless a treaty was made with France like that with America, the putting a stop to the slave trade would be ineffectual. Earl Russell said that France had declined to enter into a similar treaty; but he believed that she would offer no objection to the exercise of its provisions. Lord Palmerston