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The latest European dates are to the 9th instant.


The relations between France and the United States.

The Paris correspondent of the New York Times, writing on the 28th ultimo, says:

‘ The excitement about the relations between France and the United States is on the increase, and causes infinitely more uneasiness here than it appears to do at home. All sorts of possible and impossible rumors are flying about on the subject, and on all sides a demand is made for a word of explanation from the Government.

’ Among other statements is one to the effect that a coldness has intervened between the Governments of France and Russia because the latter has gained the ascendancy at Washington, and because it was by the advice of Russia that Mr. Lincoln consented to go to meet the Confederate Commissioners at Fortress Monroe! The logic of the thing, you will see, is in the fact that, on former occasions, we refused the entreaties of France to try to bring the rebels to terms by peace conferences, and then yielded to the solicitations of Russia.

Once started, it was just as easy to go further, and to the above report has been added a sequel, or more properly a corollary, to the effect that a secret understanding has been come to by the United States and Russia, by which Russia promises, that, when the United States attacks France and England in Mexico and Canada, or France alone in Mexico, she will recommence the march again, through the Danubian Principalities, toward Constantinople.

It suffices to mention these reports, to show you the extent of the excitement on the subject.

The French official and semi-official papers have, within a few days, changed their tone again, and become more hostile to the Union cause. In order to counteract the effect of Mr. Seward's history of the peace conference in Hampton Roads, the Confederate agents at London have sent all over the continent a dispatch which the Havas agency fathered, and which was published by the French governmental papers. This dispatch says it speaks by high authority, and then gives the various pretended points offered by Mr. Lincoln to the Confederate commissioners, every one of which is false, and intended to place Mr. Lincoln in an odious light before the European people. The last promise of Mr. Lincoln to the South is, that he is willing to unite with them in a war against France and England.


The fall of Charleston — Comments of the press.

In the absence of later news from America, which was anxiously expected, the result of the fall of Charleston continued to be eagerly canvassed.

The London Times, in an editorial recounting and eulogizing the operations of Sherman down to the fall of Charleston, says:

‘ The next operations of this most eventful war will be expected with singular interest. Sherman has traversed Georgia as a conqueror, but the Georgians have not returned to the Union, nor have the Unionists occupied the State. For that even Sherman is not strong enough. Had he left even small garrisons in the several towns which he entered, he would now be without an army. Lee and Beauregard are at the head of unbroken armies, and the spirit of the South has rather been raised than depressed by its recent reverses. The Federals have recovered their military reputation, but, if the South is still resolved to stand out to the end, they have made but little progress toward the end of the war.

’ In another editorial, the Times writes from a different point of view, and says:

‘ The signs of Confederate exhaustion have brought us to that turning point of the American war which places us within sight of the final scene, and the part we shall be called on to play in it. If the combatants shake hands, the next victim may be an unconcerned spectator. As the Federal Government maintains that it has a quarrel with us in the shape of claims, which we do not acknowledge, and it has a great deal to gain by a successful war with us, the question to which we have to address ourselves is simply whether they can go to war with us with a fair prospect of success. If they can, they certainly will — but both North and South are exhausted, and are not likely to find success easy by turning against a new foe, with untouched strength and resources.


Curious Placard.

Large placards had been stuck about Liverpool giving the following, from the eighteenth chapter of Revelations, apropos of the fall of Charleston:

‘ Babylon the Great is fallen! is fallen! for her sins have reached unto Heaven, and God hath remembered her iniquities; and the merchants of the earth shall weep and mourn over her, for no one buyeth their merchandise any more. Merchandise of gold and silver, and precious stones, and of pearls, and fine linen, and wine, and oil, and fine flour, and wheat, and beasts, and sheep, and horses, and chariots, and slaves, and souls of men; and every ship-master, and all the company in ships, and sailors, and as many as trade by sea, [blockade-runners?] stood afar off, and cried when they saw the smoke of her burning, saying: ‘"What city is like unto this great city?"’


The Probability of War.

In a debate upon the naval estimates in the House of Commons, May 7, Sir J. Pakington remarked:

‘ That in appointing Mr. Reed, in his present state of experience and efficiency, to be chief constructor, they were trifling with the interests of England, when they allowed men of great skill and experience to leave the service at a time when war might break out any moment, and they might be compelled to send a fleet across the Atlantic, possibly at the shortest notice.


Miscellaneous.

M. de Montholon has been appointed French Minister at Washington, and M. Dano, Minister at Mexico.

The Pall Mall Gazette says that, in conformity with public opinion in France, the Emperor Napoleon will leave Mexico to her destiny as soon as the French troops have returned. There was a rumor, however, that a reinforcement of five thousand troops was to be sent shortly to Mexico.

The answer of Austria to the Prussian dispatch relative to the Duchies had reached Berlin. Report says that Austria declares the proposals of Prussia entirely unfitted to be the basis for further negotiations.

[From the London Times (City Article), March 6.]

In the market for foreign securities, the chief movement has been a further fall of three per cent. in the Confederate loan, which is down at thirty-seven and a half to thirty-eight and a half; but in nearly every other instance there has also been a fresh decline.

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