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tlement. He suggests that negotiations be opened at once with the Richmond Government for such settlements, and for making a more formal recognition. One of the matters for discussion — the Confederates of course to be recognized de jure--must be the navigation of the Ohio and Mississippi; and in the event of Maryland joining the South, the Susquehanna and Chesapeake are to be free, with a common tariff for the two Confederates. The proposed Peace Congress. It is rumored that Drouyn de L'Huys is drawing up an explanatory document, comprising the different questions which the Emperor intends to submit to Congress; in the meantime the English journals upper to be generally taking a view adverse to Congress. The Globe (Ministerial) opposes it. The Daily News and Morning Herald also oppose it, and agree that if it is held unfavorable results will ensue. The Times inquires what England will have to do in the Congress, should it ever prove more than an ideal conception, and poin