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The latest from Europe.dates to the 24th January. From the New York Herald, of the 6th, we select the following highly interesting extracts: The American Crisis. Mr. Massey, member of Parliament, had delivered a speech before his constituents at Salford, England, in which he advocated that the Europe in Powers should interfere to close the struggle between the North and the South by recognizing the Confederate States and breaking the blockade of the Southern States. The Manchester Guardian argues in a somewhat similar strain, and as regards the cotton supply, it says: It is a question how far, in this district, the prevailing distress is due to the civil war in America, and whether it is not as much attributable to our production is to a mere dearth of cotton. The factory statistics of Manchester show that the shortening of the hours of labor in the factories is gradually extending, and in the course of a week or two the movement was expected to become much more