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A letter from New-Orleans to the Mobile Register of March thirteenth, says that the Southern Commissioners are greatly dispirited at the reception which M. Thouvenel gave Mr. Slidell.
But as Mr. Yancey observed in his speech, Slavery has made such a wall of partition between the South and Europe, that all hopes of a prompt recognition by England and France must be for the present abandoned.
As to their want of cotton, I am of the opinion expressed by Mr. Semmes, of Louisiana, in the confederate Congress, and I have long since abandoned the idea that cotton is king.
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We have tested the power of King Cotton and found him to be wanting.
We must now abandon all dependence on foreign intervention, and trust only our sword and the justice of our cause.--Mobile Register, March 18.
Van Nostrand. New York, New York. 1862.
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