The New York herald., 1862-02-06
| Five Days Later from EurOpe-cl0omy
Aspect OF American Affairs.

Five Days Later from Europe-Cloomy
Aspect OF American Affairs.
Now that we have this rebellion within our
grasp we must stiae 1t without unnecessary loss
OF time, or, according to our FIVE days later
advces from Europe, which we publish this
morning, we shall have before long the addi-
tional burdens and trials of a war with England
and France upon our hands
The decline in cotton reported by this
arrival, and the upward tendency of breadstuffs
in England, do not justify any very 1attering
Interpretation Of the pacific recommendations
of the London Times. Moreover. the Times
in this connection has very suspicious allu-
sion to the interference Of France (''let France
interfere if she likes'O, which more than neu-
tralizes its recommendation that England, yet a
little longer, shall "stand quite aloof" The
city article of the same journal says that in
London Gan uneasy feeling PREVAILS" that
"the avoidance Of complications in connection
with American affairs cannot be permanently
anticipated" and that "this feeling will pro.
hah!yy Increase until the meeting Of the French
Chambers on Monday Qast Monday week. we
suppose), at which some indications of the
policy to be adopted by France, England or
Europe generally seem TO be looked for"
We have here, no doubt, an authorized hint
Of some impending new move on the European
chessboard in regard to American affairs.
Lords Palmerston and Russell, having burned
their fingers in the Trent affair, are constrained
to stand back, and Louis Napoleon is next to
try the initiative Of Intervention against us and
in behalf Of the spurious confederacy Of Davis
and his associate conspirators. In this connec-
tion of the London Times to "let France inter-
fere if she likes" 1t is nice game between
England and France. Each evidently is afraid
to trust the other as follower in a war against
the United States, and each is thus manipulate
ing and manouvring to get the other first in
volved in this imbroglio. In this thing may lie
our safety; but so strong are the designs and
this Union of ours that the British government
mag still be entrapped into the experiment to
serve the European designs of Napoleon.
The alleged ineficiency Of our Southern
blockade, with raw cotton as high as sixty cents
pound in Liverpool, and with English goods
commanding eight and ten times their peace
prices in our revolted States, and especially
our stone fleet blockade of Charleston harbor,
will form the next casus beUi against us. How
else arc we to understand the fierce TRADES on
this subject which are so actively kept up by
the ministerial journals Of London and Paris?
In this connection it is somewhat remarkable
that the most serious obstruction at this day to
the passage of our ships up to Savannah is
shoal caused by the hulks Of three or four stone
vessels sunk by the British during England's
war Of 1776 against her revolted American
colonies. This, however, we presume, will be
discarded by Lords Palmerston and Russell as
precedent Of barbarism unworthy the civili-
zati0n, and the cotton and "the common rights
of mankind" of the nineteenth century.
At all events, in the news before u.s. the men,
acing attitude of France, and the graciously
consenting attitude Of England, admonish us to
push forward without delay the work Of putting
down this rebellion. We have everything now
in readiness for succession OF such heavy
blows against JEFF. Davis as will speedily 81
lence these European threats Of clamorous
appeals for armed intervention. On another
point, the city article Of the London Herald says
that 'the accounts from America are Of the
most desponding character, and that the COM
| mercial situation of New York is unparalleled"-
meaning, no doubt as Q bad and dcsponding
situation. Let Congress act upon this hint with
renewed energy in the work Of securing lis
healthy financial system for the inordinate de-
mands Of this war, and New York will soon
arise and relieve herself from this "desponding
situation"
| In conclusion, We earnestly submit to the
President and his Cabinet to Congress, the
army and the country, some serious attention to
this European news, and to all the measures of
self defence which gre thus suggested. We can
no longer afford to play with this rebellion as
| cal plays with mouse for thus we may bring
down upon us the Intervention Of France and
| England, and involve all the civilized world in
| war, the end of which it would be idle to con-
lecture
The FIRM OF "LITLE VILLAINS" AND TUE
INDICTMENT FOR BRIBERY.--We published yes
terday in full a copy Of the indictment found
against James B. Taylor for attempting to bribe
Alderman Dayton, in order to sway his vote in
the case of the Gansevoort property, which
Taylor desired 10 sell to the Corporation at q
handsome profit. The Indictment rectes that