The Sun.
London, England, 1862-01-29 00:00:00

Cardinal Antonelli expressed his thanks for the
affectionate interest shown by the French Govern-
ment. He denied that there was disunion between
the Sovereign Pontiff and Italy, and said that if the
Holy Father had ceased to hold intercourse with
the Cabinet of Turin, his relations with Italy were
excellent. Italian himself, and the first of all
Italians, His Holiness suffered when they suffered.
He witnessed with grief the cruel trials the Italian
Church had to bear. "As regards entering into
any compact with the spoilers of the Church,"
continued Cardinal Antonelli,
"We will never do it. Any transaction on this
ground is impossible. The Sovereign Pontiff, as
well as the Cardinals, before being nominated, bind
themselves by oath never to cede any of the terri-
tory of the Church. The Holy Father will, there-
fore, make no concession of that nature. A con-
clave of Cardinals would have no right to do so,
neither would a new Pope, nor any of his succes.
sore from century to century.
" With reference to the question of your Excel-
lency, whether there is any hope of an arrangement,
I believe it to be my duty to reply in the negative."
A letter from Cardinal Antonelli to M. de Lava-
lette, dated the 18th inst., states that, having re-
ceived the orders of the Holy Father, he (Cardinal
Antonelli) confirms the answer which he had already
given verbally to M. de Lavalette.

BOURSE, Jan. 28.—There has been rather less
business doing, but the market has been firm, and
previous prices maintained. Threes, for the , Ac•
count, are now at 71f. 25c.

The following are the last quotations :-
41 per per Cents ... 99 50 Credit Fancier 1270
Do, end month.... 99 601 , Belgian 41 —
3 per Cents
Do. end month 7l 25 , Roman
Bank Shares — Austrian
Credit Mobilier.... 745 Spanish Threes -
Do. Account 747 50 ; Home Debt .. — -
RAILWAYS.

Cash. Amount.
Orleans 1345 .. 1346 25
Northern
New ditto . 920 ..
Lyons and Mediterranean 1082 50 .. 1085 —.
Geneva..
Southern 6BB 75 .. 690
Western
Eastern
Sardinian 330 .. 332 50
Austrian
Lon' bard 528 75 .. 530

THE FEDERAL FRIGATE TUSCARO.RA

SOUTHAMPTON, TUESDAY EVENING.
There is at last a probability of the Federal steam
frigate Tuscarora leaving the Southampton Waters
in the course of a few hours, but her destination is
kept a profound secret by her officers. Many of
them have been on shore today making purchases,
and stores in some quantities have been sent off to
the ship by the purveyors. One of the principal
officers stated this afternoon that the vessel was
merely going for a cruise of three or four days'
duration, and that she would make Southampton
River her head quarters for a long time to come.
This assertion, however, must be taken for just as
much as it is worth. There is a rumour afloat, but
which we cannot trace to any reliable source, that
our Government have intimated to the commanders
of both the Nashville and the Tuscarora they had
better make themselves " scarce." It is high time
some decisive steps were taken regarding them—the
Tuscarora at any rate ; for it was only last night
that one of her petty officers was drunk in the
streets, abusing and threatening everybody, and the
police very properly made him safe by giving him
a night's gratuitous lodging in one of the cells of
the station-house.

Early this morning her Majesty's screw frigate
Shannon, 51 guns, came up from Spithead and an-
clamed just off Calshot Castle, midway be-
tween Cowes and Southampton. The object of
her visit is not exactly known, but it may be pre•
sumed that it has some reference to the belligerent
vessels. At any rate it is a very unusual circum-
stance for one of her Majesty's ships of war to
anchor in this spot. Her Majesty's frigate Daunt-
less has been fully equipped for sea some time, and
is ready to heave anchor at a moment's notice.

RUMOURED CONFEDERATE VICTORY AT PORT
Row..--The Asia has brought intelligence from New
York of a battle having been fought on the 12th of January,
on the main land, in the vicinity of Port Royal, between
General Lee's forces and the Federal troops, resulting in
the total defeat of the latter, with a loss of 1,700 killed and
wounded. The Washington Government, we are informed,
had taken steps to suppress the news of this reverse,which,
nevertheless, has reached a highly respectable party in
Liverpool, through a private channel.

A Galway correspondent says that the present
directors of the Atlantic Company aro fast preparing to
have everything ready for a good start when the proper
time arrives. Mr. Mangles, chairman of the West India
Royal Mail Company, and deputy-chairman of the Atlantic
Company, visited Galway some time ago, and sailed down
the bay, making himself thoroughly conversant with every
matter pertaining to, or likely to affect, the company. The
Hibernia has been double-plated and raised six feet. A
hurricane deck has also been added to her, and the spot-
sons, being now much higher and larger, give her a noble
and commanding appearance over the water. She will be
out of the builder's hands in a few weeks, and the Columbia
and Anglia will soon follow, after having undergone the
same alterations. When these boats tire fairly out of the
builder's hands the company need not fear a minute inspec-
tion from even the most inveterate opponents of the Gal-
way line. I believe the company will be perfectly pro-
pared to resume the sailings by the end of May, but I do
not think they could safely say a day sooner. Captain
Thompson, the resident superintendent at Galway, has re-
signed, and is succeeded by Mr. Jones, late passenger clerk •
to the company.

the order of things inaugurated in Italy. Whether
openly proclaimed or tacitly admitted, the principle
of an-intervention has become the safeguard of
peace in Europe.
"The Court of Rome certainly does not expect
foreign assistance for th© recovery of its lost pro-
vinces, and I cannot believe that, for the sake of
interests the success of which is doubtful, it would
consent to provoke a most terrible conflagration.
" The lessons of experience bid the Holy See re-
sign itself, without renouncing its rights, to practi-
cal transactions which would restore tranquillity in
the bosom of the Catholic world, which would renew
the traditions of the Papacy that has for so long a
time been a shield to Italy, and would reunite to it
the destinies of a nation so cruelly tried, and re•
stored to itself after so many centuries. It is neces-
sary for us to know whether we must perish or
abandon all hope of seeing the Holy See, while
taking into consideration accomplished facts, apply
itself to the study of a combination which would
secure to the Sovereign Pontiff the permanent con-
ditions of dignity, security, and independence neces-
sary to the exercise of his authority. These ideas
being accepted, we will employ sincere and energetic
efforts to insure the adoption at Turin of a plan of
conciliation, the bases of which we should settle
with the Government of his Holiness. Italy and the
Papacy would then cease to be in opposite camps,
and would soon return to their natural intercourse.
Thanks to the moral obligations which France has
guaranteed, Rome would, in case of need, find the
necessary support on the very side where danger
seemed to threaten her. Such a result would excite
a lively feeling of gratitude and satisfaction through-
out the Catholic world."
M. Thouvenel requests M. de Lavalette to com-
municate the note to Cardinal Antonelli and to the
Holy Father himself.
In a note addressed to M. Thnnvonol on tho 18th
inst., the Marquis de Lavalette states that he had
had an interview with Cardinal Antonelli for the
purpose of communicating M. Thouvenel's note of
the 11th inst. In previous interviews he had already
expressed to the Pope the desire of the Emperor to
reconcile Rome and Italy, but the Holy Father,
although listening with kindness and condescen-
sion, always replied, "Let us await events."
M. de Lavalette continues,—
" I was more afflicted than surprised when Car-
dinel Antonelli replied to all the considerations I
had submitted to him by an absolute refusal, de-
claring that any transaction between the Holy See
and those who had despoiled it was impossible ; and
that it did not rest with the Sovereign Pontiff, any
more than with the Sacred College, to cede the least
particle of the territory of the Church. I then
observed to Cardinal Antonelli that I completely
put aside the question of right, and that my only
object was to offer the Papal Government an oppor-
tunity of emerging from a state of things disastrous
to its interests, and threatening to the peace of the
Christian world."