The Sun.
London, England, 1866-01-22 00:00:00

ffi ROYAL LETTERS PATENT.

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AMERICA.

(REUTER'S EXPRESS.)

The Cunard steamer Australasian, from New York, on
the 10th inst., arrived at Liverpool on Saturday. She
passed Queenstown at six o'clock on Friday night, but,
owing to a strong south-west gale and a heavy sea and
rain, did not consider it prudent to call there.
The following message was received in the House of
Representatives on the 9th inst.:—
" To the House of Representatives—ln compliance with
the resolution of the House of Representatives of the 18th
ult., respecting information in regard to steps taken by the
so-called Emperor of Mexico, or by a European, Power, to
obtain from the United Statesa recognition of the so-called
Empire of Mexico, and what action has been taken in the
premises by the Government of the United States, I trans-
mit a report from the Acting-Secretary of State, and the
papers by which it was accompanied.

"ANDREW JOHNSON.

" Washington, Jan. 5, 1866."

The first of these papers is a communication from Senor
Arroyo to Mr. Corwen, dated March 2, 1865, in which he
desired to see Mr. Seward extra-officially, and to ascertain
whether the recognition of our consuls can be obtained,
because of the embarrassments which exist in consequence
of their non-hatitation, while in Mexico the exercise of
their functions has been continued without embarrassment
to the American consuls, and stating that the Government
which was that of Don Benito Juarez does not exist either
de facto or de jure.
A memorandum by Mr. Seward notes that the Marquis
de Montholon on 17th d lrallarl at the Department of
bearing a letter from Maximilian to ttifiThra
papers making certain explanations relative to transactions
on the Rio Grande upon which'the United States Govern-
ment had made representations to the Imperial Govern-
ment of France.

The Secretary on the 18th, after conference with the
President, returned the letter to Montholon, saying that
the United States was in friendly communication with the
Republican Government of Mexico, and therefore that the
President declined to receive the letter or to hold inter-
course with the agent who brought it.
August I.—Minister Romero informs Acting-Secretary
Hunter that Don Louis Arroyo assumes to act as commer-
cial agent in New York, without an exequatur or other re-
cognition by the United Stater Government, and asks
whether the Government recognised the right of Maximi-
lian to make such appointment, or whether, as he believes
the case, this Government only sees in the Republic of
Mexico a war between it and France, without recognising
Maximilian even as a government de facto. The charge, ho
intimates, may seem to show that the Government of the
United States tacitly recognises French intervention in
Mexico.

Mr. Seward replies (Aug. 9) that no law of the United
States prevents a person from advertising himself as con-
sul, but that his Government, in all its official correspon-
dence, has recognised no other Government in Mexico than
that of Juarez, and assures him that such a commercial
agent can perform no consular act relating to the affairs of
his countrymen in the United States. To prohibit him
from attesting invoices and manifests, says the Secretary,
would be tantamount to an interdiction of trade between
the United States and those Mexican ports which are not
in possession of the Republican Government of that coun-
try. The consuls of the United States in Mexico who have
their exequatur from the Government, only themselves dis-
charge duties as commercial agents in the ports which are
not under the control of that Government, in all respects
like those which the person Arroyo, in the same way and
to the same extent claims to do in New York in respect to
said ports.

Senor Romero on the 17th complaims that no positive
answer is given to his inquiries, and notifies Mr. Seward
that he has submitted the correspondence to his Govern-
ment, and will wait for instructions; of which communi-
cation Mr. Seward makes a formal acknowledgment, with-
out further explanation.

Nov. 6.—The Secretary of State addressed Minister Bige-
low, and represents that the presence and operations of a
French army in Mexico, and its maintenance of an autho-
rity there, is a cause of serious concern to the United
States. Nevertheless the objection of the United States
is still broader and includes the authority itself which the
French army is maintaining. That authority is in direct
antagonism to the policy of this Government, and the
principle on which it is founded. Every day's experience
of its operation only adds some new confirmation of the
justice of the views which this Government expressed at
the time the attempt to institute that authority first be-
came known.

The United States have hitherto practised the utmost
frankness on that subject. They still regard the attempt
to establish permanently a foreign and Imperial Govern-
ment in Mexico as disallowable and impracticable. For
the reasons that they could not now agree to compromise
the position they have heretofore assumed, they are not
prepared to recognise any political institutions in Mexico
which are in opposition to the Republican Government
with which we have so long and so constantly maintained
relations of amity and friendship. He says, in closing,
that
dwelling
it isto say that we should not be
so hardlyar
necessary
yuaprrn this branch of political earnestly
rela-
tions, if it had not been our conviction that these relations
at the present moment supersede those of commerce in the
consideration of the American people.
Mr. Bigelow, under date of Nov. 30, reports reading the
despatch of Mr. Seward to M. Drouyn de Lhuys, who
thanked him, though he felt obliged to say that he derived
neither pleasure nor satisfaction from its contents.
Mr. Seward, on Dec. 16, says :—lt is the President's
purpose that France should be respectfully informed upon
two points : that the United States earnestly desire to cul-
tivate sincere friendship with France ; second, that this
policy would be brought into jeopardy unless France could
deem it consistent with her interest and honour to desist
from the prosecution of armed intervention in Mexico to
overthrow the domestic Republican Government existing
there, and to establish upon its ruins the foreign monarchy
which has been attempted to be established in the capital
of that country; and, in conclusion, ho says that the United
States will not recognise Maximilian even if the French
troops should be withdrawn from Mexico.
The papers submitted include a confidential letter from
M. Drouyn de Lhuys to the Marquis'de Montholon, dated
Paris, Oct. 18, 1865, saying that he had renewed the as-
surance of the strong desire of the French Government to
withdraw its auxiliary corps so soon as circumstances
would allcmi it. The French Government would have been
ready to adopt, without a minute's delay, the basis of an

understanding with the Government of Washington. What
it asked of the United States was, to be assured that it is
not their intention to impede the consolidation of the new
order of things found in Mexico, and the best guarantee the
French Government could desire would be the recognition
of the Emperor Maximilian by the Federal Government.
Secretary Seward, under date of Dec. 6, 1865, writes a
letter to the Marquis do Montholon, in which he says,
" After a review of all the facts, the President is gratified
with the assurance you give of the Emperor's good dispo-
sition. I regret, however, to be obliged to say the condi-
tion which the Emperor presents is one which seems to be
impracticable."
The Senate has adopted a resolution, asking the Presi-
dent for information regarding the military order forbid-
ding the exportation of arms over th© Californian frontier,
and whether the . order was not a violation of neutrality
towards Mexico. The House of Representatives has passed
a resolution, asking the President for the correspondence
in regard to the kidnapping of a child of an American lady,
in the City of. Mexico, by the usurper of that Republic,
called Emperor, under the pretence of making such child a
prince ; whether the United States has been asked to inter-
fere, with the view of having the child restored to its
parents ; and what action has been taken upon the subject.
The resolution refers to a child of Madame Iturbide. The
House has also passed a resolution, declaring that the mili-
tary forces should not be withdrawn from the late rebel-
lious States until Congress shall declare their further pre-
sence unnecessary. The House has asked for the particu-
lars of the delivery of the Shenandoah to the Government.
A bill has been reported to Congress from the committee of
ways and means, authorising the issue of 40-year gold-
bonds, for the purpose of funding the floating debt. The
interest is to be at the rate of 5 per cent. if made payable
in Europe, and 6 per cent. if in America. The bill also
provides that interest-bearing notes shall cease to be a
legal tender at maturity.
Thirty captains of vessels destroyed by the Alabama
have been summoned to appear at Capt. Semmes' trial.
A public meeting has been held at the Cooper's Institute,
under the auspices of Gen. Rosecranz and others, to de-
nounce the Spanish aggression on Chili, and the French
assaults on Mexico. The attendance was large, and several
members of Congress made speeches. Owing to the absence
of numerous intending speakers, it was decided to hold
another meeting in ten days. The Chilian envoy addressed
the meeting, expressing the sympathy of Chili with the
United States, and denouncing the conduct of Spain towards
Chili. Resolutions were passed declaring that the United
States, by constantly endorsing the Monroe doctrine, had
assumed a responsibility to sister Republics, and obliga-
tions to protect them, which it would be cowardly and
dishonourable to neglect and repudiate.
Intense cold has prevailed throughout the country since
Sunday, the thermometer in New York falling 15 deg
below zero ; in other parts of the country to 28 deg. Admi-
ral Baldwin, R.N., has died at Toronto. The Canada has
arrived at Halifax. The St. David has also put in there
short of coal.

The report of Major-Gen. Howard, chief commissioner
of the Freedmen's Bureau, was on the Bth inst. laid before
the House of Representatives in response to a resolution of
that body asking for information in regard to the aban-
doned and confiscated estates at the South. The report
states that in South Carolina and Georgia, the freedmen
were assigned a few plantations as homesteads under the
orders of Gen. Sherman, and that they have not since been
dispossessed of them; but that many other plantations tem-
porarily occupied and cultivated by freedmen under con-
tingent orders have been restored to their former owners
under recent orders from the Government ; that the Bureau
has been deprived of the greater part of such property it
formerly held, and is, by the consequent reduction of its
revenue, no longer a self-sustaining branch of the Go-
vernment. Previous orders for the settlement of freed-
men on abandoned estates have lately in most cases been
countermanded. It is understood that the national
authorities are about to adopt some important changes in
the administration of Freedmen's affairs, it being found
that tho present system does not work advantageously.
The Fenian Congress appears at length to have come to
something decisive. They have spent five days in delibe-
ration, and after thoroughly investigating all points
brought before them, they have solemnly denounced Mr.
Roberts and his Senate.

The following resolution was brought forward in the
Convention on the 6th inst., and after considerable debate,
unanimously end enthusiastically adopted :
" Whereas this House, formed in view of the present
difficulties of th 3 Fenian Brotherhood for the purpose of
finally and irrevocably as a court of last resort determin-
ing them, is composed of 500 delegates of circles in good
standing, and being the largest ever before assembled:; and
whereas all the circles of the Fenian Brotherhood in Ame-
rica have boon invited to attend horeat ; and whereas
many circles have not come, desiring in gad faith to abide

of facts:

" It is hereby ordained beyond further question, that
whoever does not, being a delegate, recognise this House
in the character stated, or whoever, now being a Fenian,
does not submit his judgment to its decision, 'ceases, ipso
facto, to be a Fenian, and for his contumacy shall be cut
off from the Brotherhood."

It is stated that this resolution is at present endorsed by
five hundred out of the six hundred circles representing
the organisation.

COMMERCIAL INTELLIGENCE.

Money abundont. Gold, 139. Exchange on London
151, on Paris 3.734. Stocks declining—New York Centrals
94, Illinois 126, Erie 96, Five-Twenty Bonds 1034.
Cotton dull—middling Upland 50 to 51. Flour heavy.
Wheat dull. Corn declining. Provisions and coffee quiet.
Sugar slightly firmer. Molasses steady. Petroleum very
dull —crude 35/, refined 57 to 58.

NEW ORLEANS, Jan. 6.—Cotton dull—middling upland
49 to 50.

(From the New York Journal of Commerce.)

The money market is easy, and the principal demand is
for temporary use until after the opening of the new year.
Stockbrokers find no difficulty in supplying their wants
on acceptable collateralS at 6 per cent. There is no change
in the rate of discounts for business paper. The best
signatures at short date pass at 7 to 10 per cent. annum.
Gold opened at 145, touched 145 k, and then declined to
1441.
Silver is in good supply. The demand is limited at 5
to 6 per cent. below the price of gold.
The steamship America, from this port to-day for
Europe, took out $222,900, and the Etna took out $22,400
in specie.

Stocks were steady on the street this morning and at the
early session of the open Board. At the regular Board
prices were firm on the first call. The market generally
showed increased spirit. Pittsburgh and Rock Island were
the most active. Government's were steady. Old 5-20's
are fn demand for remittance abroad at improved rates.

The closing prices at the First Board show the changes
as compared with the latest previous sales. The following
advanced :—United States' Sixes 'Bl coupons, 11 ; United
States' Sixes, 5-20 coupons, '62, ; Treasury 7 3-10, Ist
; Treasury 7 3-10, 3d, 4 ; New York States 7's Bounty,
Loan, ; Ohio and Mississippi Certificates, 1; Canton
Company] ; Delaware and Hudson Canal, 1; Cumberland
Coal Preference, I.
The transactions for the week at the Custom-house and
Sub-Treasury have been as follows :
Dec. 26 $209,501 23 $7,950,193 1 $1,025,488 84
„ 27 184,496 1 526,466 12 1,239,826 61
„ 28 360,363 17 403,434 72 1,771,782 93
„ 29 513,188 25 1,619,277 51 3,007,876 95
„ 30 382,326 81 9,317,853 84 11,351,121 86

Total $1,654,875 47 $19,817,205 20 $18,386,097 24
Balance in Sub-Treasury on morning of
Dec. 23 ... ..! ... ... ... ... 77,416,949 04

$95,813,346 28
Deduct payments during the week 19,817,205 20

Balance on Saturday evening $75,995,841 8
Decrease during the week 1,421,107 96
Total amount of gold certificates issued, $1,329,980.
included in the receipts of Customs are $544,000 in gold.
The following will show the exports of specie from the
port of New York for the week ending December 30
1865 :
Doc. 29.—Steamer Havannah.
For Rio Janoiro.—American gold ... $1,004
Ditto American gold ... 1,000
For Para.—American gold ... 5,000
Ditto American gold ... 3,600
For St. Thomas.—American gold ... 8,000
Doc. 30.—Steamer America.
For Bremen.—German Silver ... 1,000
For Southampton.—Gold bars ... 21.4,300
Ditto Foreign gold 2,600

Ditto American gold 5,000
Dec. 30.—Steamer Etna.
For Liverpool.—American gold ... 22,400

Total for the week $263,004
Previously reported .„ 29,682,842

Total since January 1, 1865 $29,953,746
The imports continue very large, both, in dry goods and
general merchandise. Foreign imports at Now York :-
1863. 1864. 1865.
Try Goods $1,326,826 $497,073 $2,507,734
General merchandise 1,754,869 1,878,367 3,220,444

Total for week $3,081,695 $2,375,430 $5,728,178
Previously reported 181,514,696 203,415,128 212,080,149

Since January 1 $184,596,386 205,860,558 217,808,327
Including in the imports of general merchandise for the
week are $8,099 in china, $5,739 in earthenware, $9,519
in glass plate, $8,262 in camphor, $15,738 in cochineal,
$16,001 in gums crude, $7,511 in ditto arable, $16,650 in
indigo, $8,125 in lie paste, $55,504 in 'madder, $6,929 in

ess. oil, $19,580 in linseed ditto, $13,692 in olive ditto,
$8,667 in opium, $16,520 in paints, $4,191 in rhubarb,
$6,281 in saltpetre, $13,111 in soda ash, $4,000 in ditto
caustic, $7,915 in vermillion, $9,943 in other, $5,111 in
furs, $25,326 in nuts, $9,360 in prunes, $44,651 in pig
lead, 13,717 in metal goods, s4,o77iin old metal, $47,233
in steel, $16,181 in spelter, ,lbs.; $32,482 in tin, boxes;
$7,923 in wire, $5,747 in cassia, $10,089 in books, $10,973;
in paper, $6,957 in other, $4,732 in fustic, $4,099 in log-
wood, lbs. ; $12,451 in mahogany, $27,274 in other,
$47,136 in raisins, $7,416 in musical instruments, $58,925
in jewellery, $39,873 in watches, $15,857 in bristles,
$104,500 in hides, dressed ; $245,331 in ditto, undressed ;
$44,095 in wines, $28,753 in champagne, baskets ; $4,662
in chains and anchors, $7,080 in copper, $33,413 in cut-
lery, $5,814 in guns, $36,007 in hardware, $24,506 „in
sheet iron, $38,295 in other ditto, $29,962 in buttons,
$33,674 in cigars, $18,330 in coal, tons; $5,262 in cotton,
bales, $417,772 in coffee, bags, $90,374 in fancy goods,
$21,569 in flax, $60,644 in fish, $18,439 in gunny cloth,
$45,566 in hair, $8,545 in hair cloth, $173,558 in hemp,
$6,194 in hops, $19,348 in indiarubber, $49,475 in ivory,
$12,197 in machinery, $21,630 in molasses, $10,085 in oil
paintings, $5,489 in perfumery, $8,719 in pipes, $26,900
in potatoes, $6,450 in provisions, $16,615 in rags, $11,487
in rice, $7,166 in rope, $7,929 in seeds, $111,033 in hhds.,
bbls., tea, sugar, $173,637 in boxeS and bags ditto,
$169,561 in tea, $30,566 in tobacco, $98,797 in wool,
bales.

Foreign exchange is inactive. Leading bankers ask
1094 net for 60 days' sterling bills. We quote :—Bills at
60 days on London, 108 to 1081 for documentary ; 108; to
109 for commercial ; 109 k 109 f for bankers ; ditto at short
sight 1101 to 1101; Paris at 60 days, sf. 184 c. to 5f 15c. ;
ditto at short sight, sf. 121 c. to sf. 111 c. ; Antwerp, 5f 181 c.
to sf. 161 c. ; Swiss, sf. 16fc. ; Hamburg, 61 to 36} ; Am-
sterdam, 40lk to 41; Frankfort, 40A to 41; Bremen, 79f, to
791 ; Prussian thalers, 711 to 714.
Notwithstanding the severe losses of the year the
Hanover Firo Insurance Company pays a dividend of 5
per cent. to its stockholders, payable on demand.
January Interest on the State Debt.—The Governor,
Auditor, and Treasurer of the State have negotiated a
loan with the First National Bank of this city for the
amount of money required to pay the January interest on
the Indiana State debt—sl6o,ooo. Four notes were
given, running 90 days from the 26th of December inst.

THE FRANKFORT - MONEY-MARKET. - The Times of
Monday states that advices from Frankfort mention that
a sudden change had occurred on the Bourse, money
having become comparatively abundant. In stock trans-
actions advances were to be obtained at 4 to 5 per cent.,
while the terms for discount in the open market had re-
ceded to 5+ per cent., or + below the Bank rate. The
stringent measures taken by the Bank against bills for
speculative purposes had begun to tell, and the circulation
was now considerably reduced. The high rate current in
London, however, is stated to have led to the creation of
a new sort of bills, which holders deposit with the
bankers and draw against, so that they pay only the Bank
rate of 51, instead of the London charge of 8 per cent.
Notwithstanding the recent condition of the money-mar-
ket, all 4 per cent. bonds of German States have reached
nearly par, and the 31 per cent. 90 to 92, from the direct
investment of capitalists. Some descriptions are not any
longer to be procured at all. Part of the dividends falling
due are invested in American bonds, but not on so large a
scale as was lately the case.