The Sun.
London, England, 1863-01-28 00:00:00

LATEST INTELLIGENCE.

THE WAR IN AMERICA.

(Per the Asia, via Roche's Point, 8.35 a.m.)

NE W YORK, JAN. 14.

The defeat of the Federals at Vicksburg and their
retreat np the Mississippi will enable the Confede-
rates to spare troops from that point to assist in the
defence of Port Hudson, which is to be forthwith
attacked by Gen. Banks and a flotilla of gunboats
and ironclads.

Despatches from Colonel Crabbe, at Springfield,
Missouri, state that the Confederates were repulsed
in their attack upon the town, and retired, leaving
a portion of their killed and wounded on the field.

The Confederates are again concentrating their

forces in Tennessee.

A detachment, under Generals Forrest, Wheeler,
and Stearns, with two full batteries of cannon, are
ha
of Gen.
with the intention of
capturing advancing
the upon
Gen. Rosecranz. They
have burnt one steamboat, and captured 20 prisoners.
The Confederate General Morgan has re-entered
suppliesC
Kentucky.

Gen. Wool, late of Baltimore, has been appointed
to the military command of the eastern department,
including New York and the New England States.
His headquarters will be in New York city.
Twenty-six Republican members of the Senate,
forming a clear majority of that body, have pre-
sented a memorial to the President expressing a
want of confidence in the Administration. They
assert that the President is not aided by a Cabinet
Council agreeing with him in political principles
and general policy, and urge that he make
such changes as will secure a unity of purpose and
action. They also admonish him that it is unwise
and unsafe to intrust any important military opera-
tion to any officer who is not a cordial supporter of
the Government.

General Butler had an enthusiastic reception in
Boston yesterday. He stated that his plan for
paying the war debt was the introduction of free
labour in to the South, by which abundant crops of
cotton could be produced with profit, at 10 cents
per pound. He proposed to lay on this a tax of
10 cents, thus raising the price to 20 cents per
pound, which France and England would be obliged
to pay. This tax alone he said would pay the lute-,
rest on a debt three times as large as has been
contracted for the prosecution of the war.
Mr. Chase's Linterviews with the leading New
York bankers have been unsatisfactory.
The Government Bill for the issue of 900,000,000
of United States Bonds passed the Senate on the
12th. In anticipation of this new flood of irre-
deemable paper money the speculative mania has
largely increased in Wall-street.
Gold has gone up to 1441, and all kinds of
securities have shared in the inflation.
It is Announced that a French army of 4,000
men has landed at Matamoras.

NEW YORK, JAN. 14, EVENING.

A rumour is current on the Stock Exchange that
General Banks and Commodore Farragut have been
repulsed on the Mississippi.
NEW YORK, JAN. 15, MORNING.
M'Clennard's expedition has gone up the White
River.

In Congress, Mr. Vallandigham has made a
speech favouring an armistice or foreign mediation,
but repudiating arbitration.

COMMERCIAL IN FELLIGENCE.
NEW YORK, JAN. 13, EVENING.
Money easy. Gold 43i premium. Exchange
157.

Stocks, large speculative sales. New York Cen-
trals, 1161; Illinois, 894; Erie, 74/.
Cotton very firm. Middling upland, 701.
Flour, good inquiry and 15c. higher. Wheat in
good demand, at an advance of 2c. Corn steady.
Provisions good inquiry. Coffee and sugar very
firm. Molasses steady.

SAN. 15, Evening.

Money easy. Gold 48 per cent. prem. Exchange,
63. Stocks very firm. New York Centrals, 117 ;
llinois, 901 ; Erie, 73:-.
Cotton very firm. Middling upland, 71e.

Flour,
inquiry. Wheat in good demand for
export,
higher. Corn and provisions steady.
angdoo 2c.d
Coffee, sugar, and molasses very firm.

FRANCE AND AMERICA.

PARIS, JAN. 28.

The following is a summary of a note addressed
by M. Drouyn
de Lhuys to M. Mercier, the French
Minister at
Washington, dated 9th January, in re-
ference to fresh proposals for peace to be submitted
to the Federal Cabinet. M. Drouyn de Lhuys

says :
"In this course, France is above all
g by
friendship for the Government of
adoptinghe
Washington.
"The Government of the Emperor has therefore
thoroughlyexamined the objections which can be
raised against
friendly intervention. Among these
objections were the reluctance of the Republic to
admit any foreign influence, and the hope enter-
tained
by theinedby the Americans of a solution being arrived
force
of arms.
" The assistance of the good offices of foreign
Powers has nothing incompatible with the pride of
a great people. Besides, in offering our services to
facilitate negotiations between the belligerents, we
have abstained from prejudging these bases. France
in no way disputes the right of America to decline
the assistance of the great maritime Powers, but
this assistance is the only means of hastening the
end of the war. Should the American Government,
nevertheless, reject foreign mediation, could
it not at least enter into direct negotiations
with the authorities of the South ? The open-
ing of negotiations between the belligerents
would not necessarily involve the cessation of hos-
tilities. Nothing
would hinder the Federal Govern-
ment from retaining the advantages which the con-
tinuation of the war might offer, and it might,
nevertheless, enter into negotiations with the South.
"If the South consented, representatives of the
two parties might meet in a city which could be de-
clared neutral. The grievances which have led to
the separation could be examined. The represen-
tatives might also consider whether secession is the
unavoidable extremity, and whether the recollec-
tion of former times and common interests is not
more powerful than the causes which have brought
the two peoples under arms.
"Negotiations of this character would not be
open to the objections which have been raised to
European intervention, and, without giving rise
even to any
hope of immediate reconciliation, the
armistice would nevertheless exercise an amelio-

rating in fl
uence upon present events."
M. Drouyn
Lhuys, in conclusion, authorises
M. Mercier to leave a copy of the despatch with
Mr. Seward.

INSURRECTION IN POLAND.
ST. PETERSBURG, JAN. 27.
The Journal de St. Petersbourg of to-day pub-
lishes the speech of the Emperor to the army, of
which a telegraphic summary has already appeared.
The same paper contains news from Warsaw to

the afternoon of the 26th, received by way of Ber-
lin, stating that telegraphic communication at War-
saw was still interrupted. Upon the night of the
23d a band of insurgents had damaged the Soura
Railway. Upon the 24th troops were sent from
Warsaw, Bialystock, and Grodno to restore the
line. Forces were also despatched to various other
places upon the frontier with the same object, but
up to the present time the communication between
Bialystock and Warsaw has not been re-estab-
lished.

Telegrams of the 25th state that bands of insur-
gents having been seen at Giotzkow and other loca-
lities, troops had been sent to meet them. The
rebels had attacked travellers. During the previous
night telegraphic communication with Warsaw by
way of Kowno has also been interrupted.