The Sun.
London, England, 1862-10-17 00:00:00

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7 RADE OF NEW YOBK.
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The mercantile advises from New Y 1 )
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that considerable apprehension prevail( ) a
some of the most respectable merchants wi:th r s
to the possibility of political convulsions fromjate
approaching trial of electoral strength between the
Republican and Democratic porties. A 'system of
terror, it is stated, is already in operation, by de-
nouncing every Democratic voter as a rdba.ll. " The
fate of New York and of the country," it is added,
" is in a great measure dependent on the question
whether the mere cry of traitor, traitor,' .can drive
off the defenders of the Union and the Constitu- _
tior,:,." Rumours about mediation contin aed to he
eagerly circulated, and it was currentlysorted a" ,
the time in" the departure of triit-steatner that the
Bnropean Po-.ers had resolvekkl.P" the step, and
that if their offer s.'teuld he tejtrcted by the North,
such rejection would ,he iturnaliately,for.lowed by
a recognition of the S,tuth. Bu,'" this it is re-
.tivrked " would do more good three .not ths 11"11ce
than now. The Abolitionists still bviievc• they
subdue and exterminate the South, and vzqiie this
delusion lasts it would be vain to add' %,:ss ,the Go-
vernment, but in a little while the depreeiatjon of
the inconvertible paper and the visits of the tax-
gatherer will probably have produced enlig laten-
meat." 'Meanwhile the inflation of the currency
continued to induce a large expenditure not only
on the part of the Government, but of the public„
and the importations of foreign goods in the face
of the augmented duties:were three times as large as
at the corresponding date of last year. For thelpast
week the total had been £310,000, against £llO,OOO
in the same week of 1861, and £332,000 in 18G0.
Since the Ist of Jan. the total importations have been
£9,000,000, against £7,430,000 to the corresponding
date of 1861, and yet the goods in bond, which were
last year 3,600,000, are now only 1,700,000. It is
satisfactory to understand, moreover, that all these
importations have been on terms highly rem unera-
tive to our menutacturers. In consequence e the
abundance of money, loans were offered at from 4 to
6 per cent., according to the nature of the security..
The effects of emancipation among the coloured
population, without any precautionary measures
for their employment or support, are described as
follows by the New York Journal of Commerce :
" The Anti-Slavery Societies now being without
occupation, and therefore of no use, will find that
any funds which may have accumulated in their
hands can be employed to excellent advantage in
assisting the wretched coloured fugitives who have
left their homes in the South, and are wandering in
search of something to keep themselves from rags
and starvation. The bulk of these people are super-
annuated or very young. Much has been done for
their relief in Kansas, whither many have escaped
from Missouri, and fresh appeals are made in be-
half of the throngs of negroes landed within the Jut
few days at Cairo, Illinois, and who are now being
dispersed through the State by order of the general
government, notwithstanding the local statute pro-
hibiting the immigration of free coloured persons.
But in Washington City the scenes of destitution
among these refugees, most of whom have escaped
from Virginia, are such as appeal to the most
obdurate heart. Thousands more will follow,
clamorous for bread and shelter. The men win?
have laboured so long and so faithfully for this
' exodus,' even though it should be ' over the ruins
of ale American Church and American Constitution,'
will no doubt see the duty, as well as necessity, of
organising a general system of relief, by securing
adequate funds, providing workhouses, &c., or
arranging a SysZem of apprenticeship—for without
the interposition of some friendly hand a large pro-
portion of these negroes, being unaccustomed to
provide for themselves will perish for want of
the mere means of subsistesnce. In this course any
amount of eloquence can be Rxpen:_ked with profit."

GERMAN SYMPATHY WITH GA.RIBA LDI.

The following are the chief passages of a letter
addressed by Karl Blind to Garibaldi :
" There are defeats which carry within them the
germs of future triumphs. In upliiting the hand
courageously against a usurpation that gnaws at
the heart of your country ; in raisiu,g the cry of
" Rome or death!" you have given timely warning
to a people lying in jeopardy of becoming the prey
of a foreign vampyre policy, and you have toiled at
]east for a time those nefarious despotic pt ojects
into which Italy was being drawn. Yes, in spite
of the reverse that has interrupted your work of
emancipation, yours has been a great service to the
cause of progress. On the day when Italy shall
enter into possession of her capital, your name will
be inscribed on the tablets of history as that of the
true conqueror.
" Throughout the whole enlightened world you
are held at this moment in deep sympathy. Per-
mit me, my dear friend, to offer you also heartfelt
greetings in the name of numerous German friends.
Wherever there are men of freedom, there are you
thought of with affection; and no royal amnesty
that would seek to throw the veil of oblivion over
your deeds can ever erase your glorious acts from
the memory of the nations. No ; they will never
forget that you have sacrificed yourself in order to
warn your endangered fatherland, as little as it will
ever be forgotten that you, through an ever-memo-
rable " rebellion," established the basis of national
unity, after having, years before, defended the
honour of the Roman republic against the over-
powering number of her foes.
"The ingratitude of a King will not weigh heavily
on your heart in presence of the universal popular
sympathies. Kings pass away, but nations remain ;
and to nations seeking to establish the truly free
state, the future belongs with certainty.
" KARL BLIND."