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Later from Europe.

The steamship City of London, from Liverpool 23d ult., has arrived at New York.

The report by the previous steamer of Mr. Masson's withdrawal, is confirmed. The Times, in alluding to the withdrawal, says:

‘ "The Confederates are offended with England for trying to keep in the right. We are sorry for it. The loss, however, is theirs, while the relief to the British nation is great. She will have nothing to repent."

’ The Times warns the British Government against going too far in stopping the building of ships for the Confederates while furnishing munitions of war to the Federals. Such a course bears too much resemblance to the views of Federal politicians.

The Paris Moniteur (Government organ) had created a great sensation by publishing the manifesto of the Polish National Government on the 10th of August. This was regarded as a virtual or moral recognition of the belligerent rights of the Poles by France.

The reply of Russia to England has been published. Prince Gortschakoff tells Earl Russell that it is useless to prolong discussion which merely developed and conforms differences of opinion. As to his "responsibility," the Emperor says that he has always respected the principles of international law in dealing with other States, and that he is entitled to require other powers to respect these principles in their relations with him.

The reply to France is the same in effect as that to England; but Prince Gortschakoff tells Drouyn de L'Huys that Russia cannot permit of provinces to which no international stipulations apply to being even incidentally alluded to.

The Russian Emperor, in a speech, had promised reforms and extended privileges to Poland.

The Russians sustained a defeat at Lutomierz on the 30th of August, and also at Magovien on the 12th of September.

There appears to be trouble brewing between Germany and Denmark. The army of the latter is being placed on a war footing in consequence of certain action of the Federal Dict at Frankfort.

Eleven Russian iron-plated gunboats, with the turrets, will be completed by spring.

No more leave of absence were to be given to Russian naval officers.

The London Times assumes that Maximilian will ascend the throne of Mexico, and that the British Government will acknowledge and favor the recognition of the new Government of that country.

The American ships Express and Anna F. Schmidt have been destroyed by the Alabama, off Rio — date not given.

No commercial news by this arrival is published.

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