The New York herald., 1862-01-24

England-The Greatest SatisfacttOn.
We have the news at last from across the
water that the steamship City Of Wash
ington which took out the adjustment OF
the Trent affair, had arrived in England
and that the intelligence, as we had
anticipated, was received with the greatest
satisfaction So very satisfactory was the i'm
preston upon the money market that con-
soils had Immediately advanced one and
| one-eighth per cent? very remarkable ad-
vance, indeed, in those comparatively fixed
securities, especially when it is considered that,
in expectation of this adjustment, they had al
ready regained the quotations at which they
stood Just before the news of the seizure OF
Mason and Slidell.
We have thus the most conclusive evidence
before us of the extreme satisfaction resulting
in England from the pacific settlement Of this
Trent difficulty. We can at length, also, pretty
clearly understand the depth and character of
this late English war excitement which so sud-
denly operated to
Fright tho isls from its propriety.
The British ministry, and the leading ministe-
rial and tory journals of the realm, had been 80
completely led astray by Munchausen Russell 8
information on American affairs; by our South
ern secession emissaries by Southern cotton,
and, above all, by that paramount desire Of
Englands feudal aristocracy to see this great
country of ours and its republican institutions
broken up, that they had regarded war with the
United States as inevitable. From day to day,
since the outbreak of this rebellion, the London
Times and its secession colaborers had dis
torted every fact, and had resorted to every
Justification of history, calculated to degrade our
government and our loyal States and people,
and to exalt JEFF. Davis and his rebellious con-
federates in the public estimation. Behind
these defamers of our government and of
its loyal people, its loyal army and its
righteous cause of the Union, stood the British
Cabinet, from the day of its indecently hasty
concession of ':belligerent rights to an insur-
rectionary combination. Hence, between the
British ministry and the British press, the British
people were finally led to believe that we were
resolved upon yielding to domestic rebellion
under the convenient difficulty Of foreign war.
Moreover, that the American mob, which ruled
our government, had, in its ferocious Civilizations
its relentless hostility to England, and the
Lincoln administration would be compelled to
submit to this fierce and senseless mob OF be
driven from power.
Such were the impressions brought about in
England upon this Trent affair by tho unscrapu-
lous enemies there of this country aud its insti-
tutions. Captain Wilkes had acted under in
structions, the British flag had been deliberate
ly ins,lted, and for the purpose of war. Secre-
tary Seward wanted it as an excuse for the
recognition Of the spurious government of JEFF.
Davis, and our dominant American mob wanted
it. in its blind and reckless hatred of Eng
land. But with the official corres-
pondence before them settling this Trent
affair, the honest people Of England will
begin to comprehend the extent of the misre-
presentations of American affairs with which
they have been daily fed for the last six
months. The plain statement Of facts, and the
calm and conclusive argument Of Mr.. Seward
in his letter to Lord Lyons, we may reasonably
expect. will give us all the advantages Of .
great reaction of public opinion, from London
to Paris, Berlin and Vienna.
Mr.. Stewards masterly letter, and the salts
faction with which it was instantly accepted by
our loyal people, will vindicate them and their
government with every honest British reader,
and, if we are not mistaken, will secure from
the British government henceforward better
understanding with US than that which has
heretofore prevailed, and because Of the pres
sure of the public opinion of England and of
Europe.