The New York herald., 1862-09-28


THE SITUATION.
The last news from the front of General McClel-
lans army is that all is quiet there. No material
change has taken place in either army. The
wounded who arrived at Frederick were being sent
North as rapidly as possible.
The movements of General Buell. in Kentucky
are very graphically described in our correspond
ence to-day. Buell. saved Louisville, and with it
attack upon Ohio and Indiana. By his cautious
policy and his splendid attack on the rear guard Of
the rebel General Bragg, he completely outmanGu-
vred the rebels and defeated their projects.
Our correspondence describes the junction of
Buell's army with that Of General Nelson at that
city. The advance consisted of General Critten-
denis division. 1t was followed by those Of Nc
Cook, Smith Qormerly Ammen's) and Wood.
The position of General Morgan, at Cumberland
Gap. would appear from all the facts which reach
us from the West to be pretty secure. It is true
that some Western journals assert that he has
abandoned that place, and that the papers of
Richmond state that the rebel General Stephenson
was in pursuit Of him; but reports from his own
headquarters mention that he is determined to
hold the place, that his men are in good spirits,
and supplied with provisions for seventy days.
The latest news from Missouri is that Generals
Hindman and Rains, with large force Of rebels
had arrived at CRANKY mines, near the State line,
and that General Schofeld was advancing to meet
them with highly organized army.
The Anglo-Saxon, off Cape Race, brings Euro.
pean news to the 18th inst.-dve days later.
The Tuscarora was at Cadiz.
A Paris correspondent believes Count Mercier
has been ordered by the French government to
make conciliatory attempt to put stop to the
war in America for the sake Of humanity.
The London Paris Times correspondent says Ma
poleon will undoubtedly favor the recognition Of
the Southern confederacy, and is anxious that the
English government should adopt similar course.
1t was reported at the sailing of the Anglo-Saxon
that the Southern rebels were having large num-
Der Of war steamers built in England; that they
and that steam ram was being constructed in the
river Mersey for their service.
The question Of the recognition Of the rebel
States was still canvassed but OF the latest dates
the idea had not gained much ground. Our spe.
cial correspondence from Paris, Berlin and st.
Petersburg, published to-day, win be found
rfu nfa an NJ ynfa os
1t does in full to the history of the causes
which influence the Emperor Of France and the
Cabinets of England, Russia and Prussia for Of
against the adoption Of settled scheme Of inter
vention in favor Of the rebels. The bearing o.
such step on the Eastern and Italian questions
would be very decided, in consequence of the for
nation Of new alliances, and hence the difficulty
of the diplomatic arrangements; but our Paris
correspondent asserts that Napoleon and England
are both eager to act adversely to the Union
cause should an opportunity present itself. Prus
lia, it is alleged, is urged in the same direction By
lelsh considerations regarding her future position
the German union and in Italy.
Mr.. Beresford Hope, when seeking an election
70 Parliament for the borough of Stokes -on-Trent
England, based his claim to popular supper
chiefly on his former advocacy Of the recognition
Of the independence Of the South in the House O
Commons. His arguments were heard with dis
favor at first, but the electors were inclined TO-
wards his views at the conclusion Of his speech
The Manchester politicians, under advice Of Mr..
Bright, circulated pamphlets against Mr.. Hope,
prospects, on account Of his sympathy with the
rebels, and the danger Of involving England with
the United States by such legislation % he cd
vocated.
MYsCELLANE0US NEWS.
The steamship Angl o.Saxon, from Londonderr,
on the 10th instant, passed Cape Race early yes
terdsy morning, on her way to Quebec. She wa,
boarded by our agent and O summary Of her news
telesraphed from st. Johns, Newfoundland, ia pub
lished in the HERALD to-day.
Consols closed In London on the 10th instant
sS.s a 93h for money; American securities quie
but steady. The Liverpool cotton market closed
on the 18th instant, 1t . decline Of one.half Of
penny on Americap, ous-fourth Of q penny on Su
rats, and two pence on other descriptions. Twen
ty.four thousand bales we're sold during the week
Breadstuns were quiet, with irregular quotations
Provisions were In quiet demand, with . Arm
market.
The excitement In the lutte and hemp market had
subsidsd.