The Sun.
London, England, 1865-03-29 00:00:00

LATEST INTELLIGENCE. 1 recommends the inhabitants to prepare for an attack
and has ordered non-combatants to leave.
Southern journals admit that Sheridan's raid has

(REUTER'S TELEGRAMS.)

AMERICA.

ARRIVAL OF THE CITY OF BALTIMORE.

QUEENSTOWN, March 28.

The Inman steamship City of Baltimore, from
New York on the 18th inst., arrived at Queenstown
at 11.40 p.m. to-day, with 197 passengers, and
$31,000 and £1,500 in specie. She landed 18 pas-
sengers, and proceeded at 11.50 p.m. All well.
NEW YORK, March 18, Morning.

President Davis has addressed a message to the
Confederate Congress, dated the 15th, in which he
says :—" Events have so materially affected the
state of the country as to evince the necessity of
further and more energetic legislation than that
of November last. The country is environed with
perils, which it is our duty to calmly contemplate ;
and thus alone can the measures necessary to avert
the threatened calamity be wisely devised and effi-
ciently enforced. Richmond is now threatened and
in greater danger than heretofore during the war.
Though the country is in danger, calamities will
be averted and triumph secured by fortitude,
courage, constancy, and endurance." The Presi-
dent urges the necessity of legislation to modify the
militia law, and recommends the suspension of the
Habeas Corpus Act as almost indispensable to the
successful conduct of the war. " With the prompt
adoption of the measures recommended, and with
the co-operation of the Congress and people in the
execution of the laws and the defence of the coun-
try, the South may enter upon the coming campaign
with cheerful confidence in the result. Lincoln will
accept only abject and unconditional submission."
President Davis proceeds to state that at the peace
conference at Fortress Monroe the Confederate
Commissioners proposed to avoid Lincoln's objec-
tion to treat with the Confederate Government, by
a military convention of the commanding generals
of both armies. President Lincoln, not accepting
the suggestion, was afterwards requested to recon-
sider his conclusion upon the subject of the suspen-
sion of hostilities, which he agreed to do, but said
after mature consideration he had determined it
could not be done. Subsequently Gen. Ord, com-
manding the army of the James, requested an in-
terview with Gen. Longstreet. Gen. Ord informed
Gen. Longstreet of the possibility of arriving at a
satisfactory adjustment of the difficulties by means
of a military convention. Lee would be granted an
interview on the subject if he had authority to act.
Lee, in consequence, wrote to Grant on March 2
proposing a conference on the subject, stating that
he was vested with the requisite authority to accede
to the proposal for a conference, his power being
only military. Gen. Ord meant that an interview
would not be refused on any subject on which Gen.
Grant could act. "No choice remains, then," con-
tinues the President, " but to continue the contest
to its final issue. The people of the Confederacy
can have but little love for him who supposes it pos-
sible they would ever consent to purchase, at the
cost of degradation and slavery, permission to live
in a country garrisoned by their own negroes, and
governed by officers sent by the conqueror to rule
over them."

The President's Message announces that the
commissioners and officers report that, with
$2,000,000 in coin the armies of Virginia and
North Carolina can be supplied for the remainder
of the year. The measures adopted to raise the
revenue, though liberal, being clearly inadequate to
meet the arrears of debt and the current expendi-
ture, some degree of embarrassment in the manage-
ment of the finances must continue to be felt. Men
and supplies are needed to carry on the war suc-
cessfully. Both are within the country sufficient to
allow success. Sacrifices are still needed in prompt
and resolute devotion, and men and money fox the
achievement of independence.

President Davis urges the prOmptest legislation
for the replenishment of the Treasury and the mo-
dification of the impressment law necessary for the
purchase of supplies.
He recommends Congress to devise measures for
making coin within the Confederacy, available for
suoplying the army.
A steamer from Wilmington has reached Fayette-
ville, and announced that Sherman returning met a
gunboat 20 miles below Fayetteville ascending the
river. Johnston is reported to be concentrating at
Raleigh, where it is supposed that Sherman will
meet with his first serious resistance.
The Herald asserts that Sherman will move from
Fayetteville on Goldsboro. Sherman's recent
casualties are estimated at 1,000 killed, wounded,
and missing, and that of the Confederates at 1,200
men.

Sherman has 3,000 prisoners, and 4,000 white
refugees.

Sherman has completely desolated the eastern
portion of South Carolina, burning everything be-
fore him.

Vast quantities of ammunition and artillery have
been discovered at Charleston.

Sheridan reports on the 15th from the bridge of
the Richmond and Fredericksburg Railway, that
he crossed the South Anna, after destroying the
James River Canal as far east as Grockland, and
marched by the Virginia Central Railroad, at Talle-
vine, destroying 15 miles, as far as Beaver Dam
Station. He also destroyed a bridge over the South
Alma River. The Confederates lost three guns dur-
ing an unsuccessful attempt to prevent him from
burning the Central Railroad Bridge over the South
Anna.

Sheridan is reported to be moving on White
House.

Unusual activity prevails in Lee's and Grant's
armies. An important movement is expected.

The New York Times believes that the Confede-
rates have some design upon the centre of Grant's
lines near the Appomattox.
The New York Herald says rumours are current
that President Davis has resigned. President Lin-
coln has delivered a speech, in which he said—" We
must now see the bottom of the enemy's resources.
They will stand out as long as they can draw upon
the last branch of their resources. lam rejoiced
to see the end so near."

Mr. Biglow has been appointed Minister Pleni-
potentiary and Envoy Extraordinary to France.
The New York journals generally confirm the
report of President Lincoln having offered the,
French mission to Mr. James Gordon Bennett.

The Jersey Senate has rejected the constitutional
amendment.
The New York Times states that the Government
is determined to withdraw- from the navy 25,000
marines for land service.

A great freshet has occurred on the Susquehannah
River in Pennsylvania. Frightful destruction of
property has been caused ; bridges, railroads, dwell-
ings, storehouses and barns being swept by tho
flood. The City of Harrisburg and Oil City are
submerged. Great suffering prevails among private
individuals. It is is estimated that the damage done
amounts to some millions of dollars.

Money easy—Gold, 1651. Exchange on Lon-
don, 133 k. Stocks tending downwards. New
York Centrals, 105} ; Illinois, 1071 ; Five-Twenty
U. S. Bonds, 108-1. Cotton very dull ; Middling
upland, 58c. Flour, wheat, corn, and provisions,
declining. Coffee very dull. Sugar, molasses, and
petroleum dull. Crude petrolum, 32c. ; refined,
55c.

ARRIVAL OF TIIE BELGIAN.
(Via Greencastle.)
NEW YORK, MARCH 19, 1 a.m.
General Grant telegraphs the following extracts
from the Richmond papers :
The Confederate Congress has adjourned.
The James River Canal is being repaired.
Vigorous efforts are being made at Richmond to
organise coloured troops.
Mobile despatches of the 14th inst. state that the
city was strongly menaced ; 21 of the enemy's
vessels were in sight. Great activity prevailed
among the enemy in. the Lower Day. Maury

been very destructive.
COMMERCIAL INTELLIGENCE.
MARCH 18, 11 r.m.

Money easy. Gold, 165 k.
Exchange on London, 183 k.
Stocks slightly firmer. New York Central, 1061 ;
Illinois, 107 ; Erie, 65i. Five-Twenty U.S.
Bonds, 1081.
Cotton dull. Middling upland, 58.

Flour heavy. Wheat dull. Corn slightly firmer.
Provisions declining. Coffee quiet. Sugar, mo-
lasses, and petroleum dull. Crude, 36 ; refined, 55i.

FRANCE,

PARIS, MARcn 29.

The Marquis do la Lavalette, senator, has been
appointed the Minister of the Interior, in place of
M. Bondet, whose resignation has been accepted.

M. Bondet has been created a senator.
The Corriere delle Marche announces the arrest at
Vallone, near Smigaglia, of 18 bandits in a house
where they used to conceal themselves. Most of
them had already been condemned for various
crimes.

" A duel," says the Epoque, " between M. do
R— and M. N—, deputies of the same department,
is the subject of the conversation in the salle des
conferences of the Legislative Body. The adver-
saries exchanged two shots, fortunately without
effect."

" The Frankfort Chamber of Commerce," says
the France, " unanimously resolved, in its sitting of
the 25th, to propose to the Senate Baron Charles de
Rothschild to represent that city in the commission
of inquiry on the bank question ordered by the
French Government,"

An unpublished volume of poetry by Camoens,
the Portuguese poet, author of the Lusiad, has just
been discovered at Columbra by M. Justin Hauthe-
rot, a French savant.

The Union de l' Ouest has received a warning
similar to that communicated to the Monde for its
recent publication of the alleged conversation be-
tween the Pope and the French Ambassador at
Rome concerning the Convention of the 15th Sept,

The Berlin journals announce the death in that
city of M. Kiss, the eminent sculptor, the author of
the well-known group of the " Amazon struggling
with a Tiger."

BOURSE, March 28.—The market is very firm,
and almost all the principal Securities have an up-
ward tendency. Threes, for the Account, are now
at 67f. 55c. Italian Loan 64f. 95c. Mobilier have
been done at 876 f. 25c. Railway Shares partake of
the general buoyancy of the market, and many of
them have improved considerably. The market
closed as follows :

41 per Cents 66
Do. end month —

Italian Loan '6s
Do. and month 64 85
Ditto Threes 42 25
New Mexican
Russian B9
Austrian
Spanish Threes
Home Debt
Deferred
STAYS.

3 per Cents. 67 55
Do. end month 67 45

Credit Mobilier 876 25
Do. end month 872 50
Bank Shares 3520
Crsdit Fonder 1295

Roman s • 74

BAIL'

Cash. Acct.
Orleans
Northern 1045 1046 75
Lyons and Mediterranean 983 75 ... 983 75
Southern 5BB 75 587 50
Western 560 560
Eastern
Sardinian 3Ol 25
Austrian
Lombard 543 75 545
North of Spain 302 50 305
Saragossa 376 25 378 75
Ditto to Barcelona „•