The Portland daily press., 1862-08-27
Additional Foreign News, per steamship
A Hibernian.
Ear, Russell's Letter to Mr.. Stuart.

FATHER POINT, August 26
A letter from Earl Russell to Mr.. Stuart is
as follows:
Sir:-I have left hitherto unanswered and
unnoticed Il dispatch of Mr.. Stewards, which
Mr.. Adams delivered more than month ago.
l have done so partly because there was no
proposal in it upon which Her Majesty's gov
ernment were called upon to come to any con-
clusion. Events subsequent to the date of Mr..
Stewards letter, have shown that Her Maesty's
government in their opinion upon the first of
these points, were not mistaken. Victories
have been gained, and reverses have followed.
Positions have been reached in near neighbor-
hood OF the Capitol Of the coniederates, and
these positions have been again Abandoned
These events have been accompanied by great
loss of life in battle and hospital. While such
measures as the confiscation bill passed
through both houses of Congress, and the
proclamation of Gen. Butler at New Orleans.
bear evidence of the increasing bitterness of
the strife, the approach of a seryile war so
much insisted upon by Mr. Seward in his dis
patch, only forewarned us that another ele-
ment of destruction may be added to the loss
of property and waste of industry which al
ready affiict the country so lately prosperous
and tranquil. Nor, on the other point to
which have adverted, have l anything new
to say. From the moment intelligence first
eral millions of inhabitants of the great Ameri-
can Union had seeded, and had made war on
the government Of the President, down to the
present time, Her Majestys government have
pursued a friendly, open and consistent course.
They have been neutral between the two par
ties to civil war; Neither the loss of the
raw material of the manufacture so necessary
to great portion of our people, nor the in
suits constantly heaped upon the British name
fla
yond the usual practice of nations with which
the Queens subjects iu attempting to break
the loose blockade of the Southern ports have
been treated, have induced Her Majesty's gov
ernlnent to swerve an inch from an impartial
neutrality. AT this moment they have nothing
more at heart than to see that consummaton
of which the President speaks in his answer to
the Governors of Is States, viz: the bringing
of this unnecessary and injurious civil war to
speedy and satisfactory conclusion. As to
the course of opinion 10 this county, the Pres
ident is aware that perfect freedom TO comment
upon all public events, is in this country the
invariable practice, sanctioned by law and ap-
proved by the universal sense of the nation.
New York Market.
New YORK, August 26.
Cotton-frm; sales 24oo bales at Al 4sc for mid
flour-State and Western du superfine State at
81 50 AS; extra do s5 05 1925; round hoop Ohio,
SIS 35 8 so; Western "A 50 a 80; Southern un-
changed; Canada dull sales 800 bbls.
Wheat-lc higher; Chicago spring 81 10 a 10;
Milwaukee club II a l p; amber Iowa 81 % ALA;
red winter Western 81 30a133.
Corn-lc higher mixed w. stern 50 60c.
Beef-quet.
rork-dull mess s1l 81.
Sugars-s.ead; New Orleans Q a 1oc Muscoyado 81
a9
Coffee-quiet.
Molasses-quet.
Freights to oLiverpool-droopng; Flour as Cd; a 4s;
Grain l3i I'D.