The Sun.
London, England, 1862-11-14 00:00:00

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THIS NEWSPAPER,
"THE SU N "
1
To be SOLD by AUCTION, by a Decree of the Lord
Chancellor and with the approbation of the Master of the
Rolls, on THURSDAY, the 4th December, 1862, at the
AUCTION MART, London, unless previously disposed of
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The French Foreign Secretary was certain to
give us an able despatch, whether or not we could
assent to its chef proposal; and that which has
just appeared in the .2lionitsur on the mediation of
France, Russia, and England in American affairs
nas not disappointed expectation. It puts the sug-
gested iutervention in the best light possible, and
has but one defect—though of this also considera-
tion is taken—that it is almost incredible, under
present circumstances, that the North will accept
it. The despatch commends, with well-earned
praise, the courage of both belligerents ; but points
to the sufferings at which the military glory has
been purchased, as a reason why a friendly
nation should venture to speak. Apart from
the 4tcounterblow,' the sincere friendship of
the EMPEROR would have sufficed to prompt
him to some kindly offer of mediation; but when
the reaction of the war on European industry is
added, of course this furnishes additional justifica-
tion for kindly remonstrance. The strict neutrality
which France and other Powers have imposed on
themselves is still a benevolent neutrality, and
rather requires that we should endeavour to serve
the parties than assume an attitude which resembles

indifference.
We should think even the pert Mr. SEWARD will
hardly venture to deal sarcastically with a pre-
amble like this, or meet it by unworthy inuendoes.
But when he advances to the next steps, the
American Minister will begin, we doubt not, to
show his temper. Mr. SEWARD will
”deny what
seems to us on this side the water to be the truth.
He will not acknowledge that things are now nearly
in the same position as when the war began. He
will point to the Mississippi and the Atlantic ports
nearly all in the hands of the Federals, and the few
remaining ports as likely to fall into them every
day, He will point to Missouri, Kentucky, and
Tenmessee as almost wholly brought under Federal
power after the Confederates had taken possession
of them. He will deny that within a brief period
some decided advantage may not be gained to turn
the balance and accelerate the conclusion of peace."
He will affirm that the very time is now come for
which he has long been making preparation, and
thatl the gunboats he has been diligently building
through the rising of the waters in the rivers,
be able to give him a very decided advantage in all
the
most important of the slave States. He will
add that he ha,, further measures in contemplation
which
will
show
be seriously that strategic considerations would
l. interfered with by the French Mini-
ster's propoott
Instead of its not
being possible to find
any strategical object-
say that did prudence 1131r1, Mr. SEWARD would
plans of the War_nifiol3tennit him to disclose the
and of
DROUYN DE L'HUYS would le his General, M.
ar:
.that such objec-
tions were both numerous and
not, in fairness, deny that even weighty.
,t!: can'
that the Northern
to be so. We strongly suspectthey appear
States were very much like what England has
frequently been at the beginning of „ma so
disadvantage in their preparations. Countriesat
a
of
great substantial resources like England and the
Northern States of America natuntliy show their'
strength most when countries of more limited means
begin to find themselves exhausted. France and
Russia were both Worn out in the Crimean war
when England had become stronger than ever.
Now we, do think it, yrobable that this is just the
state of things in the North. The South, like
Russia, completely shut out from the civilised
;f. sat ds is in want of
E;
world its cotton rotting in "
everything—the Nora , which could afford to send
us more than a million. quarters of excellent corn in
September alone, of course wants nothing that Eng-
land can supply.
Th is should remi ad M. DROUYN DE L'HUYS that
if the North means .to impose its own terms on the

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THE SUN.
LONDON, FRIDAY, NOV. 14, 1862.