The New York herald., 1862-11-02

4
nation Of the South. suggested the largest
amount Of comment The DeSats does not believe
that the English government is any nearer recog-
nizing the South because Cabinet Minister thus
| expressed his sympathy for the Southern cause.
The ministerial journals have less faith in England
| and France acknowledging the South than they
| had few weeks before.
AT a meeting of the council Of the Liverpool
| Chamber of Commerce, the question of the rccog-
milton of the Southern confederacy came up for
| discussion. Mr.. McFie, one of the members had
| given notice of a motion on the subject intending
that special meeting Of the Chamber should have
been called to consider the propriety Of memorial
izing government In favor of the recognition.
After some conversation Mr.. McFie intimated that
he wished to recall his intention on the subject; a
statement which was received with general salts
faction; several members present observing that
the policy maintained by the government hitherto
was the only correct policy to be pursued under
the circumstances.
Ex-Governor Morehead, Of Kentucky was en-
tertained at public dinner in Liverpool. He
made lengthy speech in reply to the toast Of his
health and the success Of the Southern cause A
Liverpool paper says:-"Mr. Morehead spoke
with much energy and effect, and was very warm
ly cheered, more particularly when dwelling upon
the absolute impossibilty of the Confederstes
ever again being brought under the Union. A
feeling of intense attachment to the Southern
cause characterized the proceedings, and alto
gether the demonstration was one of the most
enthusiastic and most gratifying to those concern
ed that has ever been witnessed"
letter from Spezzia in the London Ne,cs states
that two rebel privateers had been seen in the
Mediterranean. and that they had already destroy
ed dozen American vessels, under command of
Captain Semmes. 1t was thought that this was
only muddled up report of the news Of the ope
rations of the ''No 290' off Flores.
The London Post, London Times and Manchester
Guardian refer editoriay to the probable result
of the pending elections in New York and other
States. The writers attach much interest to the
issue in New York, and assert that they decidedly
wish for the triumph of the democratic candidates
as means of restoring peace.
MIsCEL LANEOUs NEWS.
The steamship Edinburg, from Queenstown on
the 10th Of October, arrived at this port yester-
day forenoon, and the Arabia, from Queenstown on
the 10th ultimo, reached Halifax yesterday morn
ing on her voyage to Boston. The news by these
vessels is a week later than that brought by the
Australasan.
The Liverpool cotton market was dull, and quo
tations nominal during the six days, and closed at
a decline ranging from and half penny to
two pence per pound. On the 18th of October
prices still tended downward. Breadstufs were
dull, and the market downward. Provisions were
still falling.
Consols closed in London at 93s4 for money.
M. Thouvenel Minister of State of France. has
resigned, and is succeeded by Barren de i'Huys.
Other changes in the Cabinet of the Emperor were
looked for.
There was discussion more amusing than in
structive last night at the Cooper Institute, be-
tween Mr.. George Francis Train and Mr.. Cassius
M. Clay, on the negro question: There were six
rounds disputed; and it is for the community to
say, from our report, which side had the best of
the argument.
The next Legislature Of this State-the men,
bers to the lower House of which are to be chosen
on Tuesday--will elect United States Senator in
place of Hon. Preston King, whose term expires
with the present Congress, on the 4th of March
next. The State Senate now stands twenty-five
republicans, nine democrats, and vacancy in the
Fifteenth district, occasioncd by the death of Hon.
John Willard. democrat.
The Board Of Aldermen met again yesterday at
one o'clock. The Mayor sent in the name of Will
liam E. Dodge (merchant) for confirmation as
Street Commissioner, which was rejected by a
vote of seven to five.
stated meeting of the Board of Councilmen
was held at two clock yesterday, for the purpose
OF concurring with the Board of Aldermen in max.
ing some alterations in the election polls of the
Fourth district of the Fourteenth ward. The pa
per was concurred in. A resolution offered
that the Committee on National Affairs be request
ed to report Immediately on the expediency Of
increasing the city bounty to 5000, for the pur-
pose of avoiding the necessity Of draft. The
resolution was adopted, although some of the
members stated they did not believe draft would
take place, and that the whole thing was intended
for scare. After transacting some routine busl-
ness the Board adjourned to Thursday next, at
five o'clock p. M.
The stock market opened Arm yesterday morning, bu,
soon fell or and closed weak at material decline There
was not much business done, and but little speculative
spirit Money quite active among stock spectators.
Gold closed at 130; exchange, 143H.
The cotton market continued rm Saturday, though
the sales did exceed 500 bales, including
foreign The hour trade was quite limited though prices
declined 10c Wheat rather freely purchased at full
rates for prime winter and lower prices for other de
scrptions Corn 10 fair demand prime mixed closed
higher. The provision business depressed Lard was
lower There less activity in coffee and sugars;
hides leather and whiskey, the latter article
closing with downward tendency. The freight engage
mcnts were very light though shippers had any ex
isting advantage
WHAT Follows THE ELECTION OF WADs-
woRTH.-The abolition organs themselves de-
clare that the constitution ~ill be superseded If
wadsworth be elected Lyman Trsmaine, the
abolition candidate for Lieutenant Governor,
announces that Wadsworth will dictate policy
to the President IL he be elected Governor Of
this State We know from Wadsworth's past
enmty of Mcclellan that, II elected, he will i'm