The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1861-11-06

has been rouse6lto q keener sense vt the ingra-
dtude and perfAy of the secessionabts, and is
displaying more loyalty in carrying ou the war
than any other in the land They tr ated that
frmerchants corld be driven to reb dion by
the'havoc made upon the shipping of tie Nort
bySouthern privateers, ana the result hasshown
that our moneyed men and commercial citi
zehs, have been the rendlest to make any sacri
ficsov wealth and comfort, TO crush cut the
treason that has aimed so destructive liow a.
their material interests They imagined thai
theenormous expenditure which the war would
ehtHi, must necessitates speedy reaction il
popular opinion, in behalf of peace, and, on
the contrary, every day witnesses q Greater
readiness to contribute money and men, until il
has become evident that if the loyal State
wore compelled to roll up national debS equal
to- that OF Great Britain, they would not Law
down their arms until the American flag waved
o'ce more trumphantly, throughout every town.
ship in the United States. They confidsdlin the.
secessities of England and France s.import
cotton. rice, sugar ana tobacco from the Cor
Tolerate provinces, to, beguile them ihao, rup-
ture with the federal government, and the
emancipation of ths Atlantic seaboard from
our cruisers but as time progresses, the nations
OF Europe are becoming gradually free from
the bond which trade had created between
them and the resellious portion Of our country.
and are showing themselves more indifferent to
its fate This last fact however. the leaders
of the Southern insurrectien ore not willing to
he persuaded Of
The Charleston Mercury has confessed the
necessity of announcing to the world that the
South had resigned all hopes of bringing the
war to an suspicious close, excepting those
that were based upon the necessities of Europe
To enhance these, the expectation of cotton
has been forbidden, and agents have been sent
abroad, who have wade it their business
in Europe, to associate with politicians
editors q newspapers and that class
of citizens which, they had been &C
customcd to see controlling the popular mind
: sympathy in behalf Of the rebellion, just as
} our Tammany Hall or Charleston Convention
politicians contrive to sway public sentiment
J on this side Of the Atlantic The first Com
J missioners sent to France and England-Mr
Yancey and his colleagues--were of the ward
8 politician kind, and made comparatively small
Roadway, but the South has now despatched
two of her shrewdcst managers, Messrs. Slidell
7 and Mason, to the courts Of London and Paris
fondly trusting that their influence will settle
, the policy of the French and English Minis
} tiers in its favor. In fact, we already see in an
ticipation of their arrival that American affairs
as party ISSUE are discussed at the hlstings n
J Great Britain, and that the question of peace
or war agitates the manufacturing districts
The London Times, foreshadowing the policy
J of Lord dimensions government trims care
: fully and appears to advocate the continuance
of system Of strict neutrality, while the Der
: by journals, anxiously catering to the manu-.
facturers of Lancashire, in order to reestablish
tory supremacy, are loud in behalf of an alliance
| with the rebel States, and affect desire for q
; rupture with The North. The proceedings Of
: Parliament, which very shortly meets, will, o.
course, have most important bearing upon
our International relations; but it has become
we think, sufficiently clear that the enlightened
intellects of both Of the great parties in Eng
land, have made up their minds that, however
: desirable an ample supply Of cotton may
be, it would be obtained too dearly if at the
expense Of war with the North. Should Lord
Derby and his friends overthrow Lord Palmers
ton on the American question, they would,
once in power, be compelled to adopt the
policy of their predecessors precisely as, in the
; Chinese war, after ousting their opponents they
were compelled to follow in their footsteps
and sanction every one of the measures they
: had so strcnuously battled against.
The forlorn hope Of Southern diplomacy.
Messrs. Slidell and Mason, will leave Havana
day after tomorrow, for Europe, in the British
steamer, and will arrive in London in a little
over fortnight. Meanwhile, the news will
have been received abroad Of the important
military changes that have taken place here; OF
the result of the great naval expedition; Of the
immense force that is concentrating at the seat
of war; of the energy that is being displayed il
casting aside supcrannuatcd officers in The
army and navy, and putting efficient young
leaders in their places; and in face of this in
telligcnce, there is no doubt that Great Britain
and France will ooldly repulse the approaches
: Of the new rebel Commissioners, with their poi
sonous, pettiiogging Tammany Hall and Pewter
: Mug tactics, and give them to understand that
: they can hope for no aid from them. The effect
Of this failure to embroil the principal Powers
of Europe with this country, will create ter
rible rebound of public feeling at HE South
Their last resource will have disappeared, and
with the clear conviction that will have reached
the minds OF planters that ruin is staring them
in the face, and the diseord that will grow out
Of The proceedings of the late Commercial Con
vention, at Macon even the Charleston
Mercury will be forced g eoncede, that no
fayor9ble issue can possibly be looked for, in
the piesens VA:
In the short, modest, but decided answer Of
General Mcclellan to the representatives from
Philadelphia, who, lately, presented him with
sword, he declares that the war will probably
be short and desperate. lie virtually predicts