The Sun.
London, England, 1862-04-01 00:00:00

The southern bank of the Rappahannock river is
low at all the fords, whilst the south bank of the
Rapidan is high and defensible.
In falling back to Richmond from this line there
are no large streams to cross, and the right and left
of the situation are connected by a plank road.
Asan outer defence of Richmond this line is the
one indicated by military strategy, and the Go-
vernment ha mannabeen adopted by the Confederates.
The tobacco trade between Louisville and Cum-
berland is reviving. 44 hogsheads of tobacco have
been received at Louisville from Cumberland.
The Assistant-Secretary of the Federal Navy is
now in New York, it is stated, for the purpose of
providing for the immediate construction of four
steamers exactly similar to the Monitor.
The New York 2rabune states that the committee
of the Senate had under consideration a proposi-
tion to transfer the appropriation made in the pre-
sent session, amounting to 7,000,000 dols. for forti-
fications, to iron-clad steam-ships.
The Washington correspondent of the New York
Tribune says it is authoritatively stated that the
daily outgoings of the Federal Treasury amount to
4,000,000 dols., and the accounting liabilities of the
several departments to 1,000,000 dols. more.
The army of the Potomac has already cost the
Government between two and three hundred mil.
Lions,

An Associated Press Washington despatch says
that diplomatic circles are sensibly disturbed by
authentic news received in Washington from Cuba,
indicating a serious misunderstanding between the
allied Powers in Mexico. A rupture is supposed to
have occurred between the Spanish and French
Legations.

Commodore Foote has eight gun-boats and 10
-mortar boats at Island No. 10. Ills latest official
despatch says :—" Island No. 10 is harder to
conquer than Columbus, as the island shores are
/hied with forts,,each fort cannonading, the one
above it. lam gradually approaching the island,
but still do riot hope for much until the occurrence
of certain tvents.:which promise success. We are
firing day and night on the rebels, and we gain on
them."

The Nashville Banner, discussing President Lin-
coln's emancipation message, says that, while it
professes no unebristitritional action on the part of
the Governmeiit;i4c reference to the institution, it
cannot but be regarded as an ill-timed and unne-
cessary, not to say impracticable, suggestion even if
any slave State should accept it, which is itself
out of the question.

The New l'ork. Journal of Commerce says:—
"It is natural to expect immediate results from
the rapid progress of our arras in the last few weeks.
But it is well not to be too sanguine. While we
may sometimes feel inclined to believe that over-
tures for peace are not far distant, it is the dictate of
prudence to anticipate very hard fighting, perhaps
surpassing anything yet experienced. The leaders
of the rebellion have reason to suppose that if de-
feated their lives must pay the forfeit of their
crimes. With alt such failure involves destruction,
rr__hciy have therefore every incentive to persist in
their course ; and besides these, not a few are unal-
terably committed to the scheme of a Southern
Confederacy: So long as there is a ray of hope they
Ivllll34rsue.this phantom with the frenzy of despair;
find us their
ease becomes more desperate we may
expect to meet wit.
n a more determined resistance.
Therefore, while
the rebellion may at any time col-
lapse, it is well to member that the death struggle
is most sometimes the :.
violent."
The same journal in, an
another article says :
" It can no lone,
i he doubted that America has
some strong friends n the old
country. The win-
naunity
o': birth, language, e
au cation and love of
liberty are not forgotten wholly there, nor will
they be here. The truth canut,tbt
oo
n
many Americans still look to the possicbe.aylt ed that
war with England in the event of
the
cionyt
iof a
tion of European designs on Mexico, orin ncuaa-
e
any foreign intervention shall bo attemptea
our nrc,3, But n 9 anti-American party `1`:1
the anti-English • •
England grows weaker,enti_
merit here will also disappear, and the future
wilt
offer to both nations a grand career in their missions
of peace and liberty to all the world."
The comments of the English press on the Fort.
Donelson victory were favourably received. The
New York herald thinks that when the news of the
continual Federal successes reaches Europe the re-
volution in public opinion, as to the possibility of a
reconstruction of the Union, will be complete.
..iresn York Tribune in discussing the opini(P7!
Of th(qa.te,Federal successes, says :
\Y-4,:up.tat all begin 'to see that it is better to I