The Sun.
London, England, 1864-11-07 00:00:00

rH E SCAN, LONDON, MONDAY EVENING, NOVEMBER 7, 1869:

sisters, it will be more than repaid by the grand
highway which they will open to her trade

and commerce. At present, as Dr TUPPER observed,
Canada is dependent for half the year for means of

access to a foreign state, but when the great Inter-
colonial Railway, which is the first national under-
taking unanimously insisted upon by the delegates

shall have been completed, Canada will reach her
arms to the ocean through the whole year round.
" The inexhaustible resources of the Great West
will flow down the St. Lawrence to Quebec, and
from thence to the magnificent harbours of Halifax
and St. John, open at all seasons of the year."

Whenever we talk of the resources and the wealth

of these provinces, however, we are but using
figures, rather than facts, we are referring to the

present conditi•in of a thinly populated colony, not
the actual prospects and capacities of so large and

rich a tract of country. As one of the speakers at
Quebec observed, the mineral resources of the colony
of Nova Scotia alone are most important. " You
will find a vest country occupied by as valuable

coal deposits as are to be found on the surface of

the earth. You will find iron mines in the pro-
vince of Nova Scotia, which, in quality, will sue-

cessfully rival the finest Swedish iron. You wil

find iron and coal associated with limestone. In

ct , you w ill find inNovaScotia all those chief n atura

elaracteristics which have made Great Britain the
first commercial mart of the world." It is as yet,

too, quite uncertain to what extent the gold mines
may be developed, but there is nothing in the geo-
graphy or configuration of the country which forbids
their rising into an important item in the prosperity
of the country. Each colony, in fact, can claim
some advantages of its own, Even Newfoundland,
from its position in the Gulf of St. Lawrence, can-
not be regarded as an insignificant member of the
Union. Colonel G4aY, the Premier of Prince
Edward's Island, in whose capital, Charlottestown,
the deputies first assembled, told the gentlemen
gathered at the banquet, that " it had been the
dream of his youth and his manhood that he might
one day be citizen of a great nationality stretching
from Vancouver to Halifax." Such a descendant
would be worthy of the mother country, and the
time seems now at hand when the foundation-stone
of its future greatness shall be laid. lhough thinly
populated, and with resources not a tenth part de-
veloped, with slender capital, and with all the obsta-
cles attending the growth of young and ungoverned
States, the British North American Provinces are no
insignificant group. They possess, not only in their
association with Great Britain and in the natural
capabilities of their country, but in the inherent
energy, the brave, enterprising spirit and indomit-
able courage of their race, the true wealth of nations.
Their liberty of thought and speech and action, their
free institutions and constitutional government,
secure them that internal liberty without which no
State can thrive; and, like the labourer's children
whose legacy was in the soil, they have but to devote
themselves to the cultivation of their own colony to
rise into wealth and dignity. Less rapid in their
growth than their great neighbour, less confident i❑
speech, less powerful in action, less wealthy in ex-
chequer, their arrogance is tempered by the calm-
ness, their public acts by the moderation, and their
civil freedom by the tolerance and respect for indi-
vidual right which are among the especial charac-
teristics of Englishmen. Men like these do not
resolve rashly nor act hastily. The step they have
united in deciding on is a wise and prudent one,
suited to the exigencies of the time, and favourable
to the development of the colonies; and though a
work of such magnitude can hardly reach the end
without meeting owns impediments, we trust they
may be no more than passing in their nature and
mited in their influence.

LATEST INTELLIGENCE.

(REUTER'S TELEGRAMS.)

AMERICA.
QUEENSTOWN, Nov. 7.
The Roy al Mail steamer Europa, from Boston on
the 26:h and Halifax on the 28th ult., arrived here
at 7 a.m, to-day. She bringi.,7l passengers and
30,450 •dole. in specie. She landed all mails and
five passengers, and proceeded at 7.15 a.m., all well.

NEW YORK, OCT.. 26 (Morning).
The pursuit of the Confederates by Gen. Sheridan
ended at Mount Jackson, where he reports they
arrived without an organiz_d regiment. Confederate
accounts state that in the first attack on the 19:h
inst. EA'.ly captured and brought off 18 guns and
1,300 prisoners. Tie Federals subsequently cap-
tured 3U guns, which became blocked in the streets
of Strasburg. The Confederates lost less than one
thousand men. The Federal infantry did not pun.
sue. Longstreet has resumed active service. The
Southern papers assert that arrangements are being
made for the Confederates to occupy and hold
Atlanta. Hood's movements, they say, have com-
pelled Sherman to leave one corps at Atlanta in a
state of siege. The Confederate cavalry are around

the suburbs of Atlanta, capturing all who come cut
of the trenches. Sherman has moved northward
with two corps to operate against Hood.
Hood is reported to be on the north west of At'.
lanta, with the base of his suppliEs at Cedar Bluffs,
on the Coosa River. He holds Lookout Mountain.
Telegraphic communication between Chattanooga
and Atlanta has been restored.
The F‘ederals have evacuated Bull's Gap, and
have retreated towards Knoxville, pursued by the
Confederate cavalry.
A general battle is reported to have taken place
near Independence, Missouri, resulting in the de•
feat of General Price, who retreated 25 miles south

of Kansas City, pursued by the Merels.
The bombardment of Charleston is progressing.
A large fleet of vessels has arrived there. Another
large fleet is concentrating at Hampton Roads to
attack Wilmington.
Southern journals think that General Grant will
postpone any further attack until the Dutch Gap
Canal is completed.
President Lincoln has declined by letter to inter.
fere with Governor Johnson's proclamation requir-
ing a test oath from Presidential voters.
Mr Pendleton, the Democratic candidate for the
Vice-Presidency, has asserted in a speech and by
letter that the Democratic party is pledged to the
restoration of a constitutional union.
Proceedings have commenced at St John's, New.
foondland, for the extradition of the Confederates
who recently made a raid into St AlLane, Vermont.
Lieutenant Young has written a letter claiming
that he is a Confederate commissioned officer, and
commanded an expedition in Vermont to burn towns
and villages in retaliation for the devastation of the
Shenandoah Valley. He says he violated no Ca-
nadian law, and was arrested and delivered to the
British authorities on Canadian territory by armed
American citizens. More frontier raids are ex.

pected.
The Superior Court at Baltimore has refused an
application to compel the Governor of Maryland to
throw out the soldiers' votes.

An anti-slaver y constitution case has been carried
in the Court of Appeals.
COMMERCIAL INTELLIGENCE.

Money easy. Gold, 1141 per cent. premium.
Stocks steady. New York Central, 118 k ; Illinois,
120 ; Erie, 961. Cotton slightly firmer—middling
upland, 120:. Petroleum—crude, 47c.; refined, 70c.

PORTSCRIPT.

Price's defeat has not been confirmed. He is

moving through Kansas.
Sherman is at Gaylesvil:e, near Coosa River, and
is pressing Hood, who is retreating towards Gasen.
His army is destitute of food and shoes.
The railroad between Chattanooga and Atlanta
is nearly completed.
The elections in Pennsylvania are officially stated
to have resulted in a Democratic majority for the
home vote of 150.
President Davis has made a speech, stating that
the Federals had repulsed all attempts at negotia-
tion, and that foreign intervention and foreign
recognition were ignis fatuus, and victory alone
could achieve peace and independence. He repu-
diatedcontemptuously any negotiation by separate
States.

Hood's army bad increased in strength and con-
fidence since the fall of Atlanta, and he hoped that
within 30 days Sherman would sack a crossing on
the Tennessee cruisers.
The Confederate cruisers Tallahassee and Edith
have left Wilmington.
The steamer Mande has been captured.
The Belgian, New York, and Glasgow have
arrived out.

LIVERPOOL, Nov. 7.

The Cunard steamer Heels, from New York on
the 26th ult., has arrived here. She brings 106 pas-
sengers and 100,000 dole. in specie.

.....,•••=.l.

MEXICO.

It is reported via New Orleans that Cortinas has
surrendered, and has accepted a commission in

axi mi n' s army.

FRANCE
PARIS, Nov. 7.

The Papal Nuncio, Monsignor di Chigi, was re•
ceived by the Emperor and Empress at St. Cloud
yesterday.
State Councillor Persil has been appointed
Senator.

BOURSE, Nov. s.—The
and prices are in many c
the Ac3ount, are now at C
880 f. Little done in Rai
tions have on some of the
market cloned as follows :-
It per Cent 5.....,, 91 90
Do. end month....
3 per Cents .. 64 60
Do. end month.... 61 80
Credit Mobilier.... 880
Do. end month.... 880
Bank Shares....., 3395
Credit Fonder ....1155
Roman .......... 73 75

market has been heavy
:axes lower. Threes, for
34f. 75f., and Mobilier at
ilway Shares, but quota-
lines rather receded. The

RAILWAYS.
Cash. Account.
Orleans 836 25 .. 837 50
....
Northern . ...
Lyons and Mediterranean 888 75 .. 892 50
Southern :• • 552 50 .. 882 50
Western -
Eastern . .
Sardinian 3./ 50 .. 325
.... ..• -
Austrian
..
Lorphard
North of Spain
Saragossa .. 463 75 .. 462 50
Ditto to Barcelona .... 180 .. 177 50

GERMANY.

RATZEBURG, Nov. 7,

PRUSSIA AND LAUENBURG.

BATZEBURG, Nov. 7

Italian Loan 65 40
Do. end month 65 50
Ditto Threes ..
New Mexican ~ •.• 49 25
Russian
.--
Austrian
Spanish Threes.. •
Rome Debt . 45
Deferred

A deputation from the Lauenbnrg Diet left here
this morning early for Berlin, accompanied by
Count Bernstorff Gyldenstein, to lay before the
IC.;ng the resolutions of the Diet in reference to the
annexation of Lauenburg to Prussia.

A deputation from the Lauenburg Diet left here
this morning early for Berlin, accompanied by

Count Bernstorff-Gyldenstein, to lay before the
King the resolutions of the Diet in reference to the
annexation of Lanenburg to Prussia.

MAURITIUS AND REUNION MAILS.
The Messageries Imperiales steamer Mozambique,
with the above mails, arrived at Suez on the sth
inst at 2 a.m. She brings 01 passengers and 129
packages ormercbandise.