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r of the great parties, from Derby and Palmerston, Russell and Gladstone, down, who have not committed themselves to the success of the rebellion.--There is scarcely an Englishman of any political reputation who has not expressed, over and over again, the opinion, not to say wish, that the National Government can never conquer the rebel States. The Liberal Press — I mean the Times, Morning Post, Saturday Review, &c.--have been as decided and as contemptuous in the matter as the Herald, or John Bull, or Press. The nation, with slight exceptions, is committed in opinions and hopes one way, and it is vain to think they will not "back their opinions," or attempt, to realize their hopes. They look for cheap cotton and free trade from the Southern States, and a perpetual checkmate to Northern power and aggression." All this sounds plausible enough, but the present aspect of European affairs is not very promising of such results. France, the only power whose sympathies for the South