The Sun.
London, England, 1862-05-27 00:00:00

SHIPPING-THIS DAY.

LONDON, May 27.—Wind this day at boon—South-
Westerly; moderate breeze, and cloudy weather, with
rain.

OFF PLYMOUTH', May 26.—Arrived—Tiptree, from
Sydney ; Heinrich, from Maracaibo for Hamburg ; Goulam,
from Adelaide; Maynard, and Sarah Black, from Algoa
Bay.
OFF SEAFORD, May 26. L--Wind W.—Arrived—Anglo-
Saxon, from London for Shanghai.
QuEENsToIvN, May 26.—Wind W.S.W.—Arrived—
Regatta, from Monte Video, and sailed for Liverpool ;
Glannine, from Barbadoes.
SWANSEA, May 26.—Wind S.W.—Arrived—Dorset-
shire, irom Cuba.
OFF QUEENSTOWN, May 26. Arrived America.
steamer, from Boston; Gardena, from Monte Video, for
Liverpool; Annie, from Monte Video, for Plymouth.

(BY ELECTRIC TELEGRAPH.)
SOUTHAMPTON, Tuesday Morning.
Arrived—Lady Constance, from Sunderland ; Havre,
steamer, from Havre ; Clements, from Cherbourg.
Sailed—Mary Lloyd, for Seeking.
(BY SUBMARINE AND MAGNETIC TELEGRAPH.)
GRAVESEND, Tuesday Morning.
Arrived, May 26—Sampson, from Dantaic, for London;
Lord Rollo, Jessie, Margaret and Elizabeth, Elizabeth,
from Dantsic ; Main, from St. Melo ; Jane, and Anion, from
Lieuskel ; Jane Cameron, and Laura, from Konigsberg ;
Prospero, from Grenada; Annia Henrietta, from Aalborg;
Falcke, from Torsund • Ottoman, from Memel.
Arrived, May 27—Phantom, from Boulogne..
DEAL, Tuesday Morning.
Passed—Richard Thornton, from the Mauritius ; Queen
of Ava, from Pondicherry; Henrietta, schooner, from the
west—all for London ; Jessie of Northampton, from the
west, for tlia north.
Anchored—Mag,na Bona, from London, for Kurrachee ;
West Australia, from London, for Swan River.

WILL CO7'ION COME FROM THE
SOUTH?

The belief in this country appears to be that the
successes of the Federal arms in the Southern States
will not lead to any material or early increase in
the supply of cotton, accompanied as those successes
are by a wholesale system of cotton-burning by the
Confederates themselves. It is only by a collation
of the very conflicting accounts received from the
spot that truth can be elicited. We therefore give
below an extract of a late number of the Union, a
journal published at Nashville, Tennessee,where the
Federal authority has recently been re-established.
Our readers must make such allowance as they may
deem requisite for the bias of the local reporter :
There is a great briskness in the cotton market at
this point. Loads are constantly passing through
the city on their way to the river. One boat, the
day before yesterday, left with some 200 bales.
Buyers are scouring the country in all directions, as
far as the protection of the Union lines extends, and
even further. The planters are acting like men of
practical sense, and are quick-to trade. Good mid-
dling readily brings 16 to 17 cents in specie or
United States Treasury notes, and 22 to 25 cents in
current Tennessee paper. There is no holding back
on the part of the planters. They all fully appre-
ciate the immense benefits which reviving trade
will scatter over an almost bankrupt country. One
thing has forced itself upon the minds of those even
who were unwilling at first to admit the fact—inter-
ference with private property,
/
which has not been
included in the rebellion, will not be made by
Union troops. All parties now feel secure in this
a . Irom the
respect. Our friends abroad
may hail this as a sign
of reviving commerce in Nashville.—from
Money Market Review.

THE GERMAN CONFEDERATION.—According to
information which we receive from a good channel we can
give the important fact to our readers that next month will
witness an assembly of Plenipotentiaries of different German
States at Vienna, in order to deliberate on the project of a
reform of the Confederation. The objects of their delibera
tions will be, first, the convocation of delegates of the Ger-
man Constitutional Chambers, with a View to a general
legislation for Germany; secondly,
executive power; and thirdly, a Supreme Federal Court of
Arbitration,—Court Journal, the composition of an