The New York herald., 1862-02-01
The Reception OF Mason and siiden.
THE FEELING IN FRANCE.
No Hope OF Recognition for Shareholders.
[trom the Revue des Deux Mondes (potica artce) OF

No Hope OF Recognition for Shareholders:
[From tho Revue des DsuK Mondes (potica srtce) Of
Jan. IA.
England and Franco, il they respect the principles
which dohonor their policy and their real interests,
should desire but one hnghe speedy close Of t< reno
lai nary ccndion Of the United States 1t Is clear that
the just the most natural and the most ecacious
of putting end to the struggle is to leave to
courage "a. South IN lis resistance By alto,cing IL
10 belie,s that can bring TO ~ defence he
great European Po'oers The instruction and 1.-The the
separation OF the South have a motive which IS repug-
nant 10 liberal Europe; that nloios Is the ,natrancs
slapery permanent institution In this the Southern
States have counted upon European nteresttho cot
ton nterest-and the failure Of the material In
political point Of view the secession was speculation in
cotton Europe must prore 10 he South fhat the spsc,
the Union remaining compact and strong, the
Southern confederation maintaining slavery and holding
possession Of the outlets the West by the mouth OF the
Mississippi poace possible between these two sepa
rated States. How could England and France allow
themselves to be dragged into an lntermnaDe war N
necessities Of branch Of their industry blinded them
unjust policy, they would still expose themselves to
sacrifice the cultivation OF cotton IN the South
States the supposed advantage Of obtaining the
crop Facts have shown that the prolongatton
Of the civil war though confined 70 Us present Limits
cotton What would happen II. civil war aggra-
waited by foreign war; tho Washington government
were forced TO raise Immediately and radically the
question OF slave abors In short time the cultivation
Of cotton would disappear from America and France aud
England would themselves have contributed to the anni
hation of that which was the reward Of the graft
tude of the Southern confederation and war booty
against the North. Msssrs. Mason and Siide accompa
panied by' their secroriss, s0iH not sycceed IN HsktnQ
Fame England commit act Of so much folly The
English would havc bravely carried costly war for
them they would have dene fo two or three negroes
as the Times said in its energetic language question
of honor forced them to 1t; but they will not do so
oven for the cotton. interest. Let them not fall
into o mistake as to the sentiments OF Franco
from the encouragement given to the cause OF the south
by few French journals whose conduct il is difficult to
explain They viii not nd France disposed % recognise ne
Southern confederation, The greatest and The Only
triumph or their embassy to Europe viii be that OF nav
lug cost England four millions Srling aud after ALL is
only to Capt Wilkes that thoy this notable triumph.
France has than reason to rejoice at hc favor
able settlement Of the Anglo difference She has
played through her diplomacy an honorable part in this
affair. NJ. Thouvenes despatch 10 our Minister at wash
ingtOn written at the commencement OF the difference
that at the very mopen when the influence OF France
could exercised with the greatest advantage to both
parssombraed in exof proportion both tca1t o,oed
oSestes in support Of the true priles Of mdrnts tdto
hat oced 70 The English alliance and ,ehdt zoe oo'd
our old ie,.dship ith TIE United Ssotes We should not
be surprised n tho opportunc interference OF dplO
macy gained for the thanks OF Lord Russell and Mr..
Seward The utility Of the cooperation we have given
20 England obvious To the United States government
the service have rendered Is not less In his despatch
NJ 1houvenel reminded that government that, on the
question Of the rights Of neuras the Uued states were
pledged to tho same maxms France That indication
has just corroboratod the very becoming appeal which
Mr. Seward has made to the constant traditions OF his
government in savowing the conduct OF Captain Wilkes.
The precise declaration Of tho opinion OF France on the
affair Of the Trent is useful Mr. SeYard against tho pa
.rotic sSsceptiblite; which might have been reused
siors obtained by England But regards Frdnce, she
my cel congratulate herself al thc concuon Of M Anglo
american difference, especially wih respsc. 10 our internal
yoycy The menace Of q war between America and Eng
land diversion too strong for the political nerves
Of France II turned our attention from our own bus1
ness and particularly from class Of subjects at once
financial and POLITICAL which the acts OF the 1tth OF No
vember on Fouds letter to the Emperor and the decree
adopting it had raised, but which had fallen into the
shade while tho problem Of peace or war remained un-
solved.