The Sun.
London, England, 1864-02-02 00:00:00

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/47_, NEWSPAPEII
AMERICA.
(REUTER'S TELEGRAMS.) r•-,VI/.
QUEENSTO WN,
The Inman steamer City Gf London, fro
York on the 23d ult., arrived here lt 11.45 p.x 11
• 15.

to-day, with 250,143 doll. in specie, 74,450 do
Nova Scotian coupons, the mails, and 199 p3.2E:.qa-
gerF.

NEW YORK, Jan. 22 (Aeernoon).
General Schofield has superseded Cimeral Fostcr
at Knoxville.
A resolution has been introducel in the Mary-
land Legislature endorsing President Lincoln's
policy, amnesty, and proclamation.., and favouring
his re-election to the Preeidency. '.l_llle. Californian
Senate has passed a resolution rerotoiriating Mr.
L7ncoln for the Presidency.
The Raleigh (North Carolina) pness contint-os
violently to denounce the measures of the Curfe•
deratr Government mlla the univrsal .cons!2riptiou
proposed by the Congress. It declares the, t,h;)
people will take their affairs info their own hAnds
and vindicate in a convention their libutico e.Lj
privileges.

The blockade runner Isabel has artivtd ct
Havana, from Mobile, with 480 bales of cotter.
The Confederate steamer Grey Jacket has been
captured off Mobile with 500 bales of cotton.

Further diplomatic correspondence has been laid
before Congress.
In April last, Mr. Seward requested Mr. Adnms
to inform Earl Russell that the negotiation of a
Confederate loan brings to an end all concessions
made by the Federal Government for mitigating
the rigour of the blockade in regard to the shipping
of cotton or tobacco, nor will the Federal Govern-
ment respect the title of any person, whether a
citizen of the United States or a subject of a
foreign Power, to cotton or merchandise, when
such title is derived through insurgent authority,
or agents hostile, to the United States, Such pro.,
oeedinga as a negotiation of this loan have come
to be regarded by the people and the Governet
in America as tending to complicate the relatit,oo
both countries in such a manner as to render it
difficult, if not impossible, to maintain and pre:.er7L
friendship between both countries.

In July Mr. Seward, referring to the Alexandra
decision, writes Mr. Adams that if British law nieFt
be left without amendment and be construed by the
Government in accordance with the rulings of the
Chief Baron, there will be left for the United
States no alternative but to protect themselves and
commerce against armed cruisers proceeding front
British ports as against the naval *officers of the
public enemy. They will also claim and insist upon
indemnities for injuries committed by such expedi-
tions. If the Federal naval force is not sufficient for
the emergency, the United States must employ
a private armed force afforded by the mercantile
marine. As these piratical vessels are received in
British ports to obtain supplies and land prisoners,
can it be an occasion for surprise or complaint that,
if this condition of things receives the deliberate
sanction of the British Government, the Federal
navy will receive instructions to pursue these ene-
mies into the ports which thus, in violation of the
law of nations and the obligations of neutrality, be-
come harbours for pirates. The President perceives
the risk such a naval conflict will brinT to commerce
and even the peace of both countries, but he is obliged
to consider that in the case supposed the destruction
of American commerce will probably amount to a
naval war waged by a portion of the British nation
against the Government and people of America—a
war tolerated, though not declared or avowed, by
the British Government. If, through the employ-
ment of such means of national defence, such
partial war shall become a general ono between
both nations, the President thinks the responsi-
bility of that result will not fall on the United •
States. It is not the President's purpose to
resort to the measures of defence referred to unless
they shall be rendered necessary by the final deci-
sion of the British Government, that it cannot and
will not interfere to restrain the hostilities now up.
prehended. This is not written in a spirit of de-
monstration, as it is well understood that the
British Government is the last in the world to
yield to vehemence that which cannot be conceded
in equity or justice ; so, on the other hand, it shonld
be understood that the United States, if they conkd
ever be presumptuous, are sufficiently chastened by
civil war to seek peace and friendship with all
nations through any concession compatible with the
interests of the national life and honour. In April
last Earl Russell requests Mr. Adams not to repeat
complaints about British subjects entering the Con-
federate service, unless he can prove that all British
subjects in the Federal service have been dis-
charged, and orders given not to enlist more.
In September Earl Russell, in a letter to Mr.
Adams, disclaims all responsibility of the British
Government in regard to the proceedings of the
Alabama or any other Confederate cruiser, at:;l
trusts that Mr. Adams will not again be instructLA
to put forward claims which the British Govern-
ment cannot admit to be founded on grounds of law
or justice.

NEW YORK, Jan. 22 :(Evening).

The correspondent of the Boston 7ravellcr asserts
that information had reached Newbern that a con•
vention had been called in Raleigh for the purpose
of carrying out the secession of North Carolina
from the Southern Confederacy. This report re-
quires confirmation.

Advices from Nassau to the ltlth inst. state that
the departures to and from the blockaded ports con-
tinue numerous.

NEW YORK, Jan. 23 (Morning).
The military situation is unchanged, and the
political news unimportant.
The Ganfederates have four steamers in Matt: .
gorda Bay, Texas, w resist the Federal advanco
from Fort Esperanza into the interior.
The Confederate gunboat Carr was lately blown
up off Matagorda Bay. General Dana, command-
ing at Brownsville, has sent a peremptory protest
to General Serna, commanding at Matamoras,
against levying a forced loan from American
citizens. General Serna replied that Americana
would not be molested.
It is reported that a Democratic national address,
shortly to be issued, will favour a vigorous prose.
cution of the war, but will oppose the unconstitu-
tional measures of the Administration.

Thomas Frances Meagher has delivered a pane.
gyric on General Corcoran before a large Irish
audience at the Cooper Institute. His numerous
references to the Fenian Brotherhood were loudly
cheered.
The New York Herald asserts that a strong
movement is being made by the Republican party
to nominate General Fremont for the Presidency.
The House of Representatives has passed a bill
imposing a duty of two cents on cotton, and au
additional duty of 40 cents
per gallon on imported
spirits.

COMMERCIAL INTELLIGENCE.
NEW YORK, Jan. 22 (Evening).
Money tight. Exchange on London, 172. Gold,
has fluctuated between 56f and 58-1, under the
rumours of the Government issuing gold certificates
for custom dues. Stocks were heavy and lower to-
day. At the close the market was firmer. Largo
speculative sales have taken place. New York
Centrals, 137 ; Illinois, 1301 ; Erie, 107 - ; United
States 6 per Cent. Bonds, 105. Cotton dull—
Middling upland, 84c. Flour steady. Wheat and
corn slightly firmer. Provisions dull. Coffco
quiet. Sugar improving. Molasses, good inquiry.
Petroleum quiet—Crude, 31 to 317,%; refined, 47
to 471

HIGH WATER AT LONDON BRIDGE.
THIS DAY.—Morning, 7h. 56a1.—Afternoon, Bh. 26m.
o-tdoßT.i.ow.-Molaing, 9h. 7m.—Afternoon, 9h. 50m,