New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1861-04-10

that $50 900 shareholders will be larger consumers OF
silks and wines than or more million OF Tree
holders"
There are lots of belated folks here and in En-
gland, as there are in New-England, who cannot
understand that cock of American hay, turned
into pound of American beef and digested by an
American mechanic stomach, is more OF an Ameri-
can produced value, and goes further toward max
ing paying customer for Injuries thah ie"
pounds Of raw American cotton raised by slaves,
who consume no Injuries, and exported AT the loss
of double freights in export and import by their
masters. 1t is needless to lay out to the readers Oh
THE TRIBUNE their radical error in political econo-
my; but it is necessary to present to them the Iacl
of this radical error being accepted here. Inc
Northern revenue protective tariff the Southern
nearly free trade tariff both tend to conciiate Eu-
rope with the new Southern American C0niedera-
cy. An absurd fact, q disagreeable fact, but
taet-mind fact of tendency, for the rest, as yet
not fat aecompl which last, however, French
minds are getting TO regard the Southern Coined
eracy as being. Unless the Government OF the
some time United States can presently approve
itself q government, and not a mere diplomatic
label TO foreign States these latter will recognize,
and rightly recognize the de faeto government OF
the Southern Confederate States of America, which,
with whatever faults in morality and pure legality
seems TO this side of the water to have at least
this merit Of having its mind made up. Very much
of merit for practical purposes in revolutionary
times. If the late United States cannot will not
assert itself and rebecome the worldwide respect
ed early United States, cis-Atlantic Governments
viii rightly treat it with due contempt, and, first
practically, then formally recognize the substantive
Independent integrity of jeff. Davis and his Cotton
Kingdom.
The Paris Patric has an editorial on the presence of
the Princes of Orleans at the funeral of the Duchess of
Kent, and asks what such demonstration meansl Ii
says the English people have participation in such
manifestations and thanks God that tie great interests
of the world not subordinate 10 the caprice OF
Conrts.
The Bishop Of Poictiers bad been condemned by the
Council of State 10 be formally epmanded for his late
mandement Oh the Roman question.
A Paris letter SAYS that Lord Cowley had demanded
explanations from the French Government respecting
the expedition to Abyssina and the annexation Of some
territory at Adoule5.
Very warike rumors continued in circulation in
Paris and had depressed tie Bourse. Renes however,
on the 9th closed fnner at % so.
The Minister of Marine has decided to establish
eight electric lights the coast Of the Department OF
the Seine lnftieure. These elyhs lights to placed
at Cape de Ia Heve, Cape Anifer, Etretst, Fecamp,
St. Valery.enCaux, the point Of Ally, Dieppe, aud
Trcpor'. The object Of these lights is to maintain
communication with ships within sight Of land, and to
transmit the rapidly 10 the interior contract
wis concluded at the Marine Office at liayre Sat-
urday last for the construction of these eli ght lights