The New York herald., 1862-06-27

Mercier 10 Richmond time since favored this i'm
preston but M article which, during lho past week
app aed in French Journal still more tended u induce
belief the patience OF Ieighbors exhaust
sa and that the time had for taking some steps 20
ances would, Ii persisted in hive tie effect alone Of
running both balgeren;s, and inncting untold injury
on neutral States. isacs the question PIT TO Lord
PalmeTsIon IN the House of Commons ast night as to
VIII itheT any steps woud taken hy her Majesty 60
vernment and thu uf 'ho Emperor ~ tho FTenuh 70
mediate between the federal anu Confederate States.
The answer which was given 10 this question must
have been anticipated by ALL Whom Lord Panerston
assured the House Of Commons hii M communications
Ind sed boeen tae French and EaJish governments
10Th the oe of me la ing bsiceea the Jeliiqereat SAFES Of
America, he made announcement which viii 10 re
ceved with satsiact on indicative as well Of the good
sense OF the two governments AS Of their respect for IN
tern tonal law ANY proposal OK mediation on the part
o. neutral state would be most nopportune unless
re sonable hopes entertained that 1t would meet
with acceptance. But is there anything in the present
ndition OF affrs in America to lead us 10 suppose
taat such prtpssa would be cordially received IL
may be assumed that tho only basis ON which the
Southern conicderacy would ACCEPT OF mediation wotsd
be that of h1pn3 the fullest recosni ion Of ,ts
indcpeadencs. 10 his, howeter, the North w1stta
mot fres M dccede 1t has by the creation Of gigantic
national debt towards the payment of which
made the slightest provision, sent immense army into
the eld which Is bat entering on that work for
which il was called into existence Tho federal govern
ment though they have very important successes to
boast Of have yet learned to despair Their VIC
tories have been such would rather whet their appetite
FAR than IT, They would not be likely to cedc
that at the mediation OF neutral Power which year
and haf ago they refused to their countrymen.
Much though We may desire TO mediate between the
rival States is impossible to conceal tho fact that just
now it would be useless to attempt it, The tims may
me, and that sh ~ soaen 'o,u bec2me The sm st
duty Of netra' States 10 errose; bm 2, az the com
ait1ce nent d the oar, they are undoubtedly bound 10 stand
dioof
WHAT THE MANCHESTER COTTON MEN THINK OF ME-
DIATIoN.
[From the Manchester Guardian, June 49,
1hsre are many objections TO the scheme OF
Oar hands not so free in this matter those OF the
French government whose relations with America are
not embarrassed either by ties OF relationship or by
recolioctons Of recent rivalry. But the Emperor Ma
poeon has gaed tho taste of his subjects for foreign
influence in many worse directions than that which he
is again represented to be thinking off and he VIII
have active sympathy and apprcsa in any steps he
take for tho simple purpose OF putting stop to the
most crying which the nineteenth century has
witnessed. For ourselves shall rejoice II the strug
gle can be any way ended without Interference on our
YnE LONDON TINES ON THE NATIONALITY or
THE REBELS.
From the London lines, June u
II is plain that the time is approaching whom Europe
H han: 10 think serong ol us relations TO the co te
ysresiis in tho American war contest is raging 0f
Which predict nothing but that eyery week vii
add 10 tho hatrcds Of the two communities aad viii
spread ruin wider and wider The state OF affairs dis
closed to US by the last deserves anxious con
IL cannot be doubted tnat we are approaching time
when important question e. thu tha, # an oGer
OF leaati may hare 20 bs c9nsidsed ty Eng and and
Fine The South n coaftdeFocy HAS c0nt el ii elf
nLtton for nearly and q hdf. During that time
the attachment Of the people 10 the government has
been indu uoitably shown immense armies have been
raised, tho greatest sacrifices have been endured,
the persistence Of the South in tho war, through
4 long series Of battes-some victories, some do
feats-has shown the = force and coasisteacy'
which looked upon the tests Of nation
Atty. Wherever tho government is unmolested the
laws administered regularly in time Of peace and
wherever the iedera have penetrated they rccey
ell with anmostty which they resent as al New Or
leans, by military rule of intocrablo brutality. The
Of Union party in the South has b,cn dispeled,
the Noriherners themselves compelled with bit
ternoss and modification, to fdmit.
Au these cir eanaan pon, b,1 10 conclusion
Ether tais must be brought to end III. time pH
las, ohsn ths South claim is recognition
byf rim tions md PM mt Po,cer The prece
dents OF American colonies Of tho Spanish colonies
of Belgium, and Of TGsc my and Naples the other day.
forbid to question this right when asserted by thc
Confederate states II is duty to anticipate this pos
sibe evont, and may be wise we'll generous for
this side Of the to approach the Ame
government in froadly spirit with the offer Of
their good Offices at this great crisis OF its fortunes