The New York herald., 1861-12-19

II
course snod prevail at Washington tae question
Se us ~ s on ne hands ee 9orsr,lment oy ne mob
sideralon lhe,e would be little to apprehend
Ielouh h oo,V equeEces. Although there has never
~ mas pP en- believed for some time past that nau
nal lection at the Cabinet have been strongly opposed
e policy q attacking thiscountry, and it Is certain
tn all the respectable trading Glasses in New York and
Ids principal cities were desir. only Of maintaining
friendly relations. The bank crest especially, who
have just subscribe for $50 stock, the Chief part
of whcn still remains on ,Aus would naturally
view With disinay the dep lion that must instantly
valuable ground OF hog seen consist the prompt
sea cna temperate oppression Of opinion on the part q
con nave no effect IN mitigating any hostility OF tone that
may be brought by the in coming steamer there can he
ttte doubt that IL will have immense weight al Jdcn
a,n9 an o!laament so long as te means ef adstnndfe
still open.
The transactions in foreign stocks have been rather
merous, and some important fluctuations have taken
place the morning there was general decline, but
towards the close recovery occurred Mexican after
negotiated at lo0lS as four and half per cents
1882 49, ditto 1850 ae,9 a91s Gillian four and haH
Mexican, 26i4 257s 26ia for the account 26z 20
az 2d *; New Grenada deferred 81.
IN the foreign exchanges this afternoon the rates
ashade higher
In the discount market today the demand has been
moderate and the rate for the best short paper 2
cent. On the Stock Exchange there good supply of
faouey att Y per cent,
The rrosGtei shipments of sapeter to America were
stopped yesterday afternoon and to-day general
was received nj the Custom House prohibiting the expor
iaton Of This article to any country, except under
tain stringent conditions The price has in consequence
become nominal at 3ss. The prohibition Of shipments
does not at present extend 70 nitrate Of soda of which
sales have been made at l3s. Cd. Ids. per cwt.
suggeston-whioh, 1t may be feared, Is inge-
nous than prohabe-as been raised to the effect tina,
the Captain Of the san Jacnto may be in reality seces
sonist and that he accordingly strained his orders with
view 70 render certain the ultimate Of the
Southern cause. Ihe Nec York paper arhich enjoys he
LafSea circalofon has long been reputcd 10 be act
ing under similar impulse ia rs efforts to drag tho
country INTO war with Great Britain; and it s also
aeowed in all the American avioos that .troason per
Nades every department OF the State, from
the Chief Chief Judge Of the supreme Court down
10 The lowest clerks IN the Treasury, the
post Offices and the custom buses Even in Fort
Sumter, according 10 the last accounts trouble Of this
nents arc made y il is said " on excellent authority
that there in that fortress field officers major
and lieutenant colonel Of artillery, who favorable to
inc repel cause and a. the newspapers teen with sni-
iar and even more serious from other points
the sarmise now preached with regard TO Commander
Wilkes IS not without certain degree Of pausbiIity.
The New York writers recommend wholesale shipment
q such traitorons officers to the Dry Iorugas but
the fact that such proceeding would probably
the federal army and navy begets the suspicion that
more reckless class Of politicians n more certain and
less disagrecable means OF cure.
OPINION OF THE LONDON NEWS.
lfrom the Lonhon News (orgau Of Exeter Hall and the
abotnnsts) November 30,1
What viii most strike an impartial observer Of tho
English people during the last three days Is the hg
quaty Of self command which has unquestionaby been
exhibited The news Of the encounter between the San
Jacmto and the Trent found persons unprepared in
point OF information to entertain the difficulties which
surround the legal questions 1t raises. Fem Of hn d
rGised too much irolred in The concession Of fbge.
rent rights 70 toh NORTH and South 5y e British sorei-
mna. Besides therefore, the unpleasant impression
which the most warranabIe legal act in derogation
ef our naval power must have produced the general
the Trent by foreign ship OF war altogether Illegal
But however strong the natural telling of people, there
has beon nothing like self abandonment blind impulse In
The very heat OF the stcxctcment the question every
where heard was, what is the settled law2 II might
have been expected considering the persistency with
Nrunn hlrp
TO rritate their conntrymen against the Northern
states q America, that any event capable Of be-
coming an occasion Of rupture between the two
governments would have been extensively welcomed.
But nothing could be moro different than the fact The
plex questions Of International law prdag from q
destre 10 iscorer ecidence hat he american go,era-
There is something very remarkable in this readi-
ness Of whole people, under the influence
',s cause remote and unfamiliar standards Reason
nqaestonaby teaches tho great advantage of snbs.at
in estimating the qualities Of acts And herein lies the
unspeakaole value of body of international law lxcd
numerous rrccedents that acts like those Captain
wilkes may be referred TO outward, objective and
historical standard, instead Of being left acrirnon
onsly disputed by sensitive itigan,s without hone o.
chance of settlement But this advantage not always
appreciated aud We question whether IL Captain Wilkes
Iai had the misfortune TO stop mail steamer OF q
ncghporng country which it is the fashion New York
10 So the snInc reilcence would have been observed
its citizens =
Oar friends in the United States will now be in posi-
GERS OF the British crown have given and whatever
maDds may be advanced in the Queens name govern
men ha no. aeted aaer re pressure Of popular clano,
sossed with sense OF the duty Of remaining peace
with the American people if that be possible No desire
selt TO enbarrass their government take advantage
Of its domestic difficulties BIT the riohis Of his eouasy
"aaa and 'oW DC matattiaed With view to avoid dis.
cussons necdlessly irritating to reduce The question
its simplest issue and TO enable the United govern
ment TO repair the error OF its agents with minimum Of
concession the objection taken to the seizure Of Mr. SdeI
O 10
entire proceeding from the review OF prize court Hbe
uecessary therefore, 10 ask 1cheher those passengers
re6e cnro, neiher Their derdches ,cere contra
band, any ether subsidiary gue5ns quch iaqeniY may
cOotce from the occurrence 1t i enough to know, that
however nm authorised tribunal might have decided on
these matters, they are matters which only such a
tribunai-a prize COURTS competent to give binding
decision The act Of Captain Wilkes and Lieutenant Fair
fax, IN seZng passengers board British vessel and
carrying them or in his ship, is, therefore, high
possible to tolerate.
consistent advocacy Of the federal cause founded
doep conviction Of its rectitnde hos caYd as anu
&e TO be heard IA Mcfree SdtS Of North A0erica Is
citizens ~ i crisis 10 make the roice preal ois f1,
Of passion. Whether Captain Wilkes acted without
struc0ns upon unwisc instructions now Of no con.
sequence. The wrong he committed in taking tho two
Commissioners aud not subcetng the ship to the urisdc-
lion OF prize court is ndeniablc and vitacs the
proceeding His mistake, II il shall prove to the United
States government the means Of Withdrawing from posi-
untenablc and full Of danger peace Of both
countries may be hailed as providentiai.
THE CITY ARTICLE.
From the London News Getty Article), Nov. 30
od war with America unabated this morning and The
soc ndtcts cete again severely depressed Tic issue OF
prohibition against the export Of satpetre contributed
aggravate the anxious feeling generally observable III
the course OF the afternoon however there was more
hopeful impression owing u rrmor that the Amer lean
Minister in London has given government assurances
of character which may be considered satisfactory as
far as they good effect ie,cise produced ~ the
publication Q ne com'nents Of he French press aloa pro-
ctadg q c federal cI1is and ty he Soa0 of sgDt-
aGthg adopted to,ucrd ESqoRd scarcely doubted
that the government Of France will act with ours
in any course OF policy That may be determined
upon One Of the confederate Commissioners seized was
accredited TO Paris Above all there feeling Of conf.
dence that our government will act with pompttude and
frnes IN this matter whilst the consideration of
the hopeesBess of attempt tho part Of the federal
to cope with the British forces contributes
10 further strengthen the hope OF peace
The prompt decision Of tho crown LAWYERS that the
pursuedty the American ship quit iVe-
gal 'rGs GpTdry unexpected OF hefoc ErcAoaee, for Il
caused fresh fall Of nearly pc, cent m NE funds After
numerous oscillations, rally set in IN the afternoon
owing to the rumOr Of disavowa by the American Am
bassador but the final quotations nearly !, per
cent below those o. yesterday In the other markets
considerable fall took place in the morning followed by
rally in aae afternoon, but nearly all Kinds OF public
securities let of lover than yesterday. American
particularly depressed The day altogether has been
OF extreme ex.itenent.
u sgnhc7nt fact that government have to-day pro