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ly of its trade, in return for French aid and recognition at the present critical moment in the affairs of the rebel confederation. The recent dispatches of Mr. Eustis are believed to have reference to such an arrangement.--These speculations are indulged by well-wishers of the conspiracy, under the impression that England's present weakness is Louis Napoleon's opportunity to carry out his policy for the aggrandizement of the power of France among the nations. Our Minister at London, Mr. Adams, recently visited Paris for an official conference with Mr. Dayton upon an important subject of diplomatic negotiation. The former, by the last steamer, reports that he has returned to his post. While we attach very little importance to the opinions of these Northern letter-writers, it is nevertheless interesting to observe the effect of any supposed movement of the diplomatists of Europe upon the public mind in Lincolndom. A Fortress Monroe correspondent thus arranges the matter.