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Latest from Europe.

the Ships for the Emperor of China--one of them seized — investigation into the case of the Alabama — the Federal loan, &c.

The steamship Persia with two days later dates from Europe, has arrived at New York.

The English Government was still engaged in efforts ostensibly directed against the fitting out of rebel war vessels in the ports of the Kingdom.--Although the Alexandria was seized by the officers of customs at Liverpool previous to the selling of the Jura, a number of men still continued at work on her, making bear ready for sea. We learn by the Porde that these men had been turned off the vessel by the Government officials, who had taken full possession of her, previous to a rigid investigation as to her history and destination.

It is said the Cabinet had also ordered a commission in Liverpool to report on all the circumstances concealed with the case of the Alabama.

The Japan, or Virginia, was built at Dunnbarton, not Greenock, and ran out from the Clyde on the 3d of April. The order for her arrest arrived from London on the 4th, the day of her departure. The English Government having inquired of the Messrs. Laird as to two gunboats being built in their establishment for the Confederates, have been formally assured by that firm that the boats are for the "Emperor of China."

The rebel loan had rallied in England and was again at a premium, with an "enormous business" done in Liverpool on the 18th inst. The loan was regularly dealt in on the Paris Bourse at a premium.

There is nothing now with respect to the Federal loan in England. The London Herald hints that the Union agents feared the undertaking would not be successful in Maryland, and that they were consequently disposed to seek to raise the required amount in Holland, and adds:

"Through this means it is anticipated they will receive some applications from England, and if the sums should not be considerable, the bonds, when issued and arranged, can at a more convenient opportunity be introduced into the English market. Any transaction of the kind at the present juncture would not in the slightest degree be popular, and this the representatives of the Washington authorities have already ascertained. It is questionable even in Holland, favorable as Dutch capitalists are known to be to cheap American securities, if any large amount could be placed. The prospects of the operation seem to be generally discouraging. "

It is reported that able-bodied young men are leaving Ireland to the number of 15,000 a week. --The English journals are very severe upon this, and so are the officials. The papers say these men go with the hope of ultimately liberating Ireland from England with the help of Americans. The matter has been alluded to in Parliament by Lord Palmerton.

The Polish insurrection is still in great activity and vigor. The Ozer has offered a general amnesty to all the Poles who return to their allegiance by the 13th of May. England, France, and Austria have sent notes to the Russian Government. All were couched in friendly terms, but all containing an intelligible warning to the Russian Government. Swedents said to favor the Poles. Napoleon inquired, it is said, if Italy could take a part under certain circumstances, and has received a reply that the Ring could furnish 60,000 men.

The Herald says Napoleon recently declared that he could see no present considerations inducing any recognition of the Jeff Davis Government, and the Herald says "recognition of the rebellious South is now quite out of the question."

The London Morning Poss remarks that the American blockade is the only efficient mode by which the North now carries on the war, but the maritime powers may in time have to consider how long such a mode of warfare is to be endured.

The London Times says nothing further has transpired with regard to the proposed negotiations for the Federal loan, but it is presumed if any parties are found asking to entertain it, they will at least wait to ascertain if the predictions brought by the last mail of conclusive victories over the South to be achieved within a fortnight, can be fulfilled. It would also be well to learn the effect of the conscription on the first of May, and also the answer of the Washington Government in the affair of the Peterhoff.

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