The Sun.
London, England, 1861-11-29 00:00:00

RAILWAYS.

Cash. Account.
Orleans 1337 50 .. 1338 75
Northern ...
New ditto 917 50 ..
Lyons and Mediterranean 1025 .. 1026 25
Geneva 345 ..
Southern 655 .. 656 25
Western
Eastern - .. 572 50
Sardinian
Austrian
Lon, bard -, .........

THE RIGHT' TO SEIZE PASSENGERS.

TO THE EDITOR OF THE SUN.

SIR,—Is not the latest precedent of right of
search for rebels that of the Hungarian Costa (or
Kosta), who escaped from Austrian pursuit on
board an American ship at Smyrna ? Did not
Austria withdraw her Minister from Washington,
and did not the American Secretary of State flatly
and peremptorily deny the claim to take rebels or
men of any nationality out of an American ship at
all ?—Yours, &c., H. K. E.
City, Noy. 28.

EFFECT OF THE INSULT 70 THE
BRITISH FLAG ON THE .310NE1 7-MARKET.

The excitement in the City was considerably
allayed yesterday so far as regards the apprehen-
sion that the American news might be held to
necessitate minstantaneous resort to hostile mea-
sures ; but, in proportion as the natural feeling of
mere irritation subsides, the moral indignation
whieh results from a calm review of all the offen-
sive features of the case becomes more strong. The
universal impression, however, seems to be that, in
their present unhappy position in the eyes of the
world, the United States' Government can scarcely
command themselves so as to regulate their course
by the light of law, reason, or courtesy, and that,
although this opens a wide field of danger, it
should also stimulate all other nations to the exer-
cise of the utmost forbearance. While, therefore,
it is plain from every symptom of public feeling
that no British Cabinet could now sustain itself
that would allow on any point whatever a directly
illegal insult to be offered to the nation, the desire
is unanimous that—with this exception—the Wash-
ington statesmen should even to the utmost extreme
verge of technicality be allowed free scope, and
that even on points where there is but a small
doubt in their favour that doubt should be con-
ceded to them. It is, of course, seen that if they
have determined to endeavour to hide the spectacle
of their internal condition by a foreign war, no
caution on our part can prevent that consummation ;
but the duty which every Englishman owes for the
honour of his country to take care that the history
of the calamity shall show no confusion as to its
origin is already universally recognised, and this
duty is rendered less trying by the distress of the
United States being such as to enable us to submit
to much without the fear of our motive being mis-
interpreted. At the same time, although the mer-
cantile erermunity ara prepared in every way to
defer to the opinions of the law officers of the Crown
whenever these shall be made public, they remain
at present totally unable to conceive that peaceable
foreign passengers can be classed as contraband,
and removed by force from our vessels without any
judgment of a Prize Court, and that the mode of
this procedure may consist in the firing of round
shot and shells.

At Lloyd's yesterday there was less excitement,
but 20s. war risk was paid for vessels from New
York. Outward-bound British ships to China were
charged 10s. war risk, and to Australia 15s. ; but
there was generally little disposition shown to do
business for long voyages.—.Times' City Article.