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Interesting from France.

We published yesterday morning a short paragraph respecting the return of Prince Napoleon to France, stating that he had advised the speedy recognition of the Southern Confederacy. We copy the following extract from a Paris letter, dated Oct. 18, which we find in the New York Times:

‘ If we may judge of the feeling against the North among the commercial people of England, by that manifested by the English commercial people located at Paris, it must be terrible indeed. No slander is too absurd to be told, none too gross to be believed. Whether from commercial rivalry, from the menacing growth, or from what they call the impertinence of the Yankee race, we seem to have no friends left in this particular class of the English people. Not that they love the South or slavery, but they are furious at the idea that the North should even attempt to avert the threatened rupture of the great Republic, and will be still more furious if the North be successful.

The doctrine of free trade which England is forcing on all Europe, and which she has failed to force on the United States, has turned away the sympathies of the commercial classes from the race to which they allied by blood, and directed them into new and strange channels. The Morrill tariff falling upon English commerce at a moment when France was opening her ports to this same commerce formed a contrast too striking for even English tenacity, and to-day we see the unnatural and unusual spectacle of Frenchmen and Englishmen joining in a common depreciation of America and her institutions.

Among the least apocryphal of the stories which are repeated here in English and French commercial circles, is one to the effect that the Southern Confederacy has sold to English speculators, at a price so low, for cash in advance, as to render the risk not too great, the cotton the Confederacy now holds in its hands, and which is to be handed over to the English owners of it through the first port which the national navy opens. The Southern Confederacy thus hopes to obtain money to carry on the war indefinitely; but it remains to be seen whether the National Government will overlook such a fraudulent operation.

It is reported that in the long report which Prince Napoleon has made to the Emperor and his Cabinet on American affairs, the Prince, while showing throughout a strong sympathy for the North and the cause of the Union, yet expresses the opinion that a subjugation of the South is impossible, and that, sooner or later, the separation must be recognised as final.

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