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The intervention question.

The New York Herald of the 27th, gives the following summery of the news by the Etna, which left Liverpool on the 12th instant:

‘ We believe that the question of French intervention in our affairs has received a quietus in a dispatch recently issued by M Drouyn de L'Huys to the Minister of the French Governments at Washington, which comprises an answer to Mr. Seward's memorable note of the 6th ult. The spirit of the dispatch forwarded by M. Drouyn de L'Huys involves a withdrawal on the part of France from all further offer of mediation — a course which she has adopted with regret — and assumes henceforth the part of a simple spectator in the contest confining herself to following merely the course of events. At the same time the Cabinet of Louis Napoleon expresses its sorrow that its suggestions, as expressed in its counsels on the 9th of January, were not more fully comprehended by Mr. Seward; but it declares that its opinions remain uncharged, notwithstanding the arguments of our Secretary of State. The idea of French intervention may there are be considered as an end, unless the "course of events" should again call it into life.

’ The London Times speculates in an editorial, on the probability that a strong Democratic party will be organized in the Northern States of America, on the basis of making an offer of peace to the South. The offer will be made, it is supposed and refused, and then the Southern States will be permitted to leave the Union.

The London Times also asserts that the Government at Washington is dispatching large armies "to all sorts of places," but that the Executive does not know or care anything about them afterwards.

A letter from Frankfort states that a Confederate lean, of considerable amount, had been negotiated in that city and Paris by a very respectable and cautions house.

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