The Sun.
London, England, 1864-09-26 00:00:00

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of Spain is the Queen of all the Spani raltil;gid , '.., :t.,., , 13:4
desires—she has never ceased to desire— 1/4.6i.tb';:'4,114-i)/
ment should treat all Spaniards with perfeet6naliq.7 1' .:,:-.7 • .7,,..4,;
present Ministers have determined to carrkAlkt• fhia.s_taLZL.,„,
noble, and magnanimous idea of our Sovereign. 4i-belief", S
M. le Gouverneur, that these declarations will suffice to give
your excellency the idea of the principles upon which repose
the policy which her Majesty's Government wisher to pur-
sue in whatever regards home administration. The con-
stitution, the law, and right above all.

Z

"Strengthened by right and by law, authority can take up
an attitude devoid of arrogance, yet with firm will, devoid,
of disgraceful condescension, yet with just appreciation—in
the lofty possession of power--of the dignity and prestige,
without which its existence is impossible. It can act rum..
lutely and without apprehension, upon condition that your
excellency will remain within these limits. The Government
well know how to support and reward your ofbrts. If, on
the contrary, it should have the displeasure of seeing your
excellency depart from these principles, it, would not hesi-
tate a single instant to visit upon you the full responsibility
you have incurred.
"God protect your excellency for many years.
(Signed) " GoNZA.LEZ BILANO."

AMERICA.

- 4. --

FROM A CORRESPONDENT OF TILE " TIMES."
(Per the Europa, via Cape Clear.)
NEW YORK, Sept. 13.
General M'Ciellan's leakr of acceptance of the
Chicago nomination has caused a split in the Dame.
cratic party. The peace section declare that he has
accepted the nomination without the platform ; that
he does not represent the sentiments of the convene
tion, and that it will not support his election.
The leading peace organ, the New York Daily
News, asserts that measures are on foot to reassemble,
the convention and nominate a new ticket.
The military news is unimportant. The accounts
from Petersburg continue to state that Grant and
Lee are occupied with preparations for an immediate
conflict.
Sheridan is still held at Berrysville by Early.
Sherman remains quiescent at Atlanta, and no
further progress at Mobile is reported.
The balance, amounting to 31 million dols., of the
75 million of the loan issued by Mr Chase in June
last, has been subscribed at the rate of 104 and 105.
COMMERCIAL INTELLIGENCE.
Various unfavourable and favourable war rumours
since Saturday last have caused a violent fluctuation
in the gold market, yesterday the price fluctuating
between 226 and 214. Today it opened at 218,
rose to 2274, and closed 224. Exchange nominal
Sixes, registered, 1831, 1074 ; Five-Twenties,
Coupons, 110 ; Seven-Thirties, 1101. New York
Central, 125 x; Erie, 1041 ; Illinois Central, 1261.
Cotton, 180 c. to 1840. Breadstuff and provisions
irregu!ar ; sugar and coffee quiet.
(Via Halifax.)
Generals Grant and Sherman have urgently ap-
pealed to the Government for more men, and pub-
licly recommended immediate enforcement of the
draught. Mr. Stanton officially announces that the
drawings will be commenced on Monday next,
The military situation remains unchanged.
General Sherman has ordered all white inhabi•
tants to leave Atlanta, and has arranged an armistice
with Hood for the transfer to the Confederate lines
of those who refuse to take the oaths of allegiance
to the Federal Government; all others will be.sent
North.

COMMERCIAL INTELLIGENCE.
Gold steadier. Yesterday it fluctuated between
228 and 223 k. To-day it opened 229 and closed at
2283. Exchange, 249.
Sixes, registered, 1881, 108 ; Five-Twenties,
Coupons, 1104; Seven-Thirties, 1101; New York
Central, 126; Erie, 1051 ; Illinois Central, 127+.
Cotton, 180 e. Breadstuffs and provisions firmer.
Sugar and coffee quiet.

;BY ELECTRIC AND INTERNATIONAL TELEGRAPH.)
(Per the Hecla, via Crookhaven.)
NEW YORK, Sept. 14.
The military situation remains unchanged, except
in the Shenandoah Valley, where General Early is
reported to be moving towards the Potomac.
COMMERCIAL INTELLIGENCE.
G3lcl opened at 2271, rose to 2281, declined to
2231, end at half, pat 1 o'clock stands 224,‘.
bixes, registered, 1881, 108 ; Five-Twenties,
Coupons, 1102-; Seven- thirties, 110; New York
Central, 1251; Erie, 105 ; Illinois Central, 136t,-1-,.
Cotton unsettled. Prices nominal.
The Hecla brings 55,000 do!s. in specie.
[REUTERS TELEGRAMS.]
(Per the Heels, via Crookhavon.)
NEW YORK, S.V. 14, Afternoon.
Sherman reports on the 9,11 that his army was
concentrated at Atlantic. Communication between
Murfreesborough and Chattanooga has been restored.
Wheeler is retreating. Grant is extending his
left wing, and is said to be preparing another
vigorous attack on Lee.
It is reported that Mosby has been killed in a
duel, and that General Price is dead.
The Eichn2ond Enquirer says the true road to
peace lies in an offensive and defensive alliance of
the North and Soath against the world, with.
separate Governments for domestic affairs.
Vallandigham, Wood, and the other members of
the Peace Democracy have abandoned M'Clellan,
and they will shortly hold a meeting to determine
their course in the Presidential canvass.
The New York World congratulates the Demo 4
crats on being free of the peace party.
The Republican Ticket has been elected in Maine.
The steamers Old Dominion and City of Peters-
burg have arrived at Halifax, from Wilmington,
with 1,800 bales of cotton for England, reported to
be for payment of the Confederate Loan.
The Tallahassee was expected to leave Wilming-
ton on the 9th inst., and also the steamer Edith,
reported to be heavily armed, will leave there
shortly.
The steamers Elsie and A. D. Vance have been
captured.

MEXICO.
NEW YORK, Sept. 14.

Advices received here from Mexico, via Havannah,
state that Juarez has been driven from Monterey
into Chihuahua.

The French had taken the port of Matamoros,
and it was expected that they would soon occupy
the city.
Cortinas had fled before Mejia, who was Rd..
vancing on Matamoros.

ARRIVAL OF THE HECLA AT LIVERPOOL.
LIVERPOOL, Sept. 26.

The extra steamer licela, from New York on
the 14th inst., arrived here this morning at 7
o'clock, with 89 passengers and 5,500 dollars in
specie.

SPAIN AND THE CHI.NCHA ISLANDS.—A circular
has been addressed by the Peruvian Minister for
Foreign Affairs to the diplomatic agents of the Republic
abroad, dated Lima, August 13, conveying the impression
produced on the Peruvian Government by the announce-
ment by the late Cabinet of Madrid of its views with regard
to the occupation of the Chincha Islands. " Previous in-
telligence" (says the circular) " had led to the belief that
Spain would act as became a civilised nation, and that she
would at once disavow the insult offered by her representa.
tive, restore the property sein
A, and do everything in her
power to repair the injury done. The speech of Senor
Poar c‘lav
h e ci
loe
declaringin the Senate
that
hhtase, however,Spanish
Government dispelled thi s
recognises illusion;
f
the independence and sovereignty of the American States,
and disavowing the principle of revindication, he seeks in
subsc (peg events the justification of a prior outrage—viz.,
the seizure of the Chinctias, and by so doing admits that
Senor Salaz it has been the cause of complications more seri-
ous than those ho was commissioned to settle. lie refers to
the strange history of the Spanish commissioner's voyage
from Callao to Panama, speaks ut the attempt on his life as
the undoubted act of Peruvian citizens, and as being, in all
probability, instigated by the Peruvian Government. That
this is Senor Pacheco's belief may be gathered from his
l eat
:Ipl to :
tbe ri vot cn he us i trod
aplaced
once
nt to.'ecd
e
declaration that Spain will not feel satisfied upon this point
until the Government of Peru shall have mado it clear as
noon-by that it had no hard in 11-o at
uponPer'l' its aytr''ia, thletdeipsproavteehit's i viiiiin7:iir(c c'
c ofl'
too puerile, and too monstrous to be discusced. Serious as
is the injury inflicted upon Peru I,y the outrage of the 14th
of April, the stigma Which the Spanish minister has at-
tempted to fix upon the republic is much more so. But
Peru better understands what is due to her owndignity and
honour,: She is conscious of having acted in strict accord-
ance with her laws, and with the courtesy required of a
civilised nation ; and rho cannot• forget that she is a soya
reign and independent state, possersed of all the righos en-
J'3' 4 14 ether ]dowers.".