The Sun.
London, England, 1866-05-03 00:00:00

HIGH WATER AT LONDON
om. lc eing that a Fenian steamer loaded with arms was
Tins DAY.---Merning, 4h. 4ni.—Afternoon, lh. 2 .
at Eastport, which
the Federal authorities have
•4h. 36m.—Afterno 411- 577 !':since seized. As soon as a veritable military com-
To-Moußow.-Morning, on,.
mander, who knew what he was about, and intended
to enforce his words by the logic of facts, appeared
upon the scene, the Fenian hero, who was to
settle so many troublesome international questions,
with the assistance of his " million" brothers,
thought it advisable to " skedaddle." DORAN
KILLIAN, notwithstanding his eloquence, took him-
self off from Eastport immediately on the arrival of
General MEADE. The General's presence, too, ap-
pears to have imparted confidence to the Canadians,
since the Volunteers sent to the frontier of Lower
Canada have been recalled, the raids of the Fenians
being no longer apprehended. The British ship
Duncan, with the 17th Regiment on board, has
arrived at St. Andrew's, where there are already
the war steamers Rosalia and Fawn, with a
battery of horse artillery and Armstrong guns.
Other steamers are expected, and as we know more
gunboats are to be despatched from this country
for service on the lakes, there is no fear of the
Canadians being left entirely to their own
resources. Three United States vessels have also
been sent to Eastport, so that the American
Government is fully prepared to maintain its
pledges by sea as well as by land. We hope that
these vigorous preparations will produce a double
effect. They will assuredly discourage the more
rational of the Fenians who can scarcely be made
to hope that they can successfully compete
with the united forces of England and America,
while they will tend to reassure the colonists and
relieve them from part of the heavy burden of
expense and anxiety which they have been
called upon to bear by the folly and wickedness
of dupes and schemers. The Fenian leaders
seem to think it nearly time to be off with their
gains, for at a grand meeting, held at the Cooper
Institute, New York, ROBERTS announced that
this would be the last meeting before the
final blow for liberty was struck. The Fenians
themselves will have done good service enough
to the Provinces by resuscitating the scheme of the
Confederation and silencing the factious opposition
which existed. Both Houses of the Nova Scotian
Parliament have passed resolutions favouring the
scheme, and appointing a delegation to proceed to
England, so that we hope before long to see
this wise and politic measure actually become law.
From New York itself we learn little that is im-
portant. A procession of soldiers and sailors visited
President JOHNSON, when the PRESIDENT made a
long speech, reiterating his opinions respecting the
admission of Southern representatives. He re-
minded his hearers that one of the great principles
on which America founded her revolution against
England was that there should be no taxa-
tion without representation. Such constitu-
tional logic is, however, quite out of
the reach of the Radical party. Le droit
du plusport is the only argument which they
can appreciate, and mercilessly they use it. The
PRESIDENT appealed to the soldiers and sailors
as competent judges of what was fair and
reasonable, scornfully remarking that those
who had stayed at home all through the
war seemed to bring to the question of peace
all the excitement and resentment which the others
had expended. Another speech President JOHNSON
made to the coloured soldiers and citizens who
celebrated the anniversary of the Emancipation
Proclamation. In this address Mr. JOHNSON claimed
to be the negro's best friend. They would find out,
he said, before long, who were really their friends,
and who acted from mercenary considerations.
It is, indeed, fortunate for the much-enduring
blacks that their reckless theoretical advocates were
not in power during the great transition from slavery
to freedom, or they would infallibly have ended by
leaving him in a worse position than they found him
♦ 11nr~~nncona+hp aftrno
spirit of unflinching resolution, though he never
fails to support his resolve by fair explanations
of his reasons. Such conduct we cannot but believe
must influence the great body of intelligent men
whose votes will before long give their sentiments

practical expression.

CORRESPONDENCE FROM PARIS.

(FROM OUR OWN CORRESPONDENT.)

PARlS,Wednesday Evening.

The announcements made officially and semi-
officially that France intends to remain neuter in
the German quarrel have neither satisfied the
public nor the capitalists of the Bourse. The Siecle
has an article to-day upon this point, which must
command attention. After remarking upon the
silence of the Moniteur, it says—
" To imagine that France would remain entirely
neutral in case of war is to distort facts strangely.
The French Government, in accord with the sin-
cere friends of Italy, no doubt advises her not to
be carried away by hostile demonstrations, to re-
main firmly on the defensive, to leave her unjust
enemy to perpetrate all the wrong ; but if Austria
will run the chance of battle, if she should set her
foot upon the territory which she has lost, we
could not remain inactive spectators of such en-
terprises ; we could not passively allow Austria to
try to reconquer in the Peninsular the influence
which we have opposed for so many centuries,
and which the fate of arms and wise policy have
enabled us to counteract."

Le Temps also remarks upon the silence of the
.2loniteur. Let me reply that the pear is not yet
ripe. It depends upon M. Bismark and other Ger-
man diplomatists whether France will be compelled
ere long to speak " trumpet-tongued."
The Semaine Financiere, viewing the present crisis
financially, has some observations worth reproduc-
ing. The writer, M. Forcade, is equally far-seeing
both as financier and politician :—" Italy, from her
situation, is compelled to submit to painful necessi-
ties. We are not ignoront of this, but they who
advise her to ally herself with M. Bismark have
exercised a fatal influence. In a month the Italian
rente has fallen 20 per cent. It has fallen lower
than 50. That, to begin with, is the profit which
she derived from her connivance with M. Bismark.
Can such a rapid and serious depression of a State
security be compensated by the conquest of a
province? The future will tell, but in the mean-
time a multitude of small fundholders, who had
confidence in Italy, suffer and are uneasy. In the
meantime, also, Italy sees her credit, depreciate, and
credit is one of the most necessary guarantees of her
independence. In the case of the negotiation of any
new loan, Italy would feel the difficulty engendered
by her allowing her rente to fall so low. They who
take an interest in Italian destinies must feel regret
in the grave fact that the Italian 5 per Cents. had
one day fallen below 50f."

The Constitutionnel, remarking upon the position,
says—" The dominant fact of the day is that both
parties arc actively arming. The journals and
letters of the two countries are full of details of these
warlike preparations, and some of them go so far as
to publish plans of future operations."
Among the many demolitions lately effected in
Paris is that of the celebrated Tower at Mont-
martre, which served as a telegraph in the time of
wooden telegraphs. The Catholic world always
held this tower in great veneration. On this moun-
tain, as ancient records say, was decapitated St.
Denis, in the year 275 B.C. The tower was built
at the extremity of the ancient abbey in which, in
the time of Dagobert the First, Lriminals found an
inviolable refuge. The Benedictine monks after-
wards took possession of it. The Pope Eugene the
Third celebrated mass there. Queen Adeladie, wife
of Louis le Gros, who was a member of the order of
Benedictines, was interred there, and her tomb was
preserved until 1769, the church of Idoutmartr9