The sun. [volume] (New York [N.Y.]) 1833-1916, 1862-01-31
THE NEW YORK SUN.
FRIDAY MORNING, JANT 81, 1854.
The New York City Press.

The TRIBuNE adduces facts and figures 10
prove that the proposed scheme Of newspaper
taxation will fail In sffording relief to the ma
tional finances, while as a means of supPreseing
knowledge it would be attended with success.
The HERALD shows that the resources of the
nation are fully equal to defrsying both the
principal ard in crest Of the cost to be Incurred
in cIrryirg on the war. II SAYS:
Taking the most gloomy view p)'sih'o cf tbs
war, ana giving tho widest margin tof expci-
dtLrs, let ths pefioi for tho paci tc ion { the
South be extended to thu 1st Of Joly, 1853 All
let the cost be one blion ani two hunicei nil
lions Of dollars (sl, 200, 900 900 as Nj. sPau'd
ing cal culstes it, which Is three hundred NIL.
Ions $500, OO0 000) moro than tho % int'e OF
NJ. Chase, IL would not break us II we wero
TO ply the whole amount during ths usx twon
" wears. II would only be three and one.
eighth per cant per annum upsn wha. we
are worth on all kinds Of production and bust
ness whatever. Thus stribu'ed 1t will not
IN burthensoms TO auy and the country will
bo repaid a ihousani fold by ths sus,tnm9nt
Of the ns,ionsl credit, and by the fruit, of ths
successful prosecution Of the war for tho UaiO1.
Tho TrMSs whuo satisfied with the tone OF
English opinion on tha settlement Of the Trent
AFiir yet tnI Ks that IL affords no guarantee for
u prottac' ed peace. |. adds.
We have no right to expect any European
Power to refrain ffon acknowledging the in
c,psndoncs Of the rebel states, if after the war
La lasted wear VIZ exhibit no conclusive proof
OF cur power 20 felucs these states TO ooedi
eoco No such prof has yoi boon offered We
have ptomisa 81 uluch-sactid;ed much-otfSc.ot cd
littlo.
The South IL no, starved ITS ro ourcs' are
20. exhausted. We hava thrown troops ac-oSs
be ruioma into Nugilis but they are no
further huu. Washington than they were nins
months Ego We nave land oxpUdi IONS on one
OF Two islands adj dining tho southern coast
bat the mai llard Uf ths Sou tharn CO1to ieracy
"a a. fto from invasion "a II was last Spring
We u.ust ctr ks decisive blow, shHply and
srdiolly, or the ami y,tsary Of the surrender
,f Fort oumfor VII, bring to the rsOss the
pretti,,- and aid which hll make the in.urrec
to successful
I's Psri, corrosp,udont w.itos, Jan oh
Tho long suspense ia AZ lst at an cod, an
We are to havc no war ABOUT the AT air Of Mt'o1
AID Siidell. Yesterday morning NJ. do Rj'hi
caili receivcd from q private source a dspi'ch
which assured him gain aud positvely, that
Me,u,. Mason and Slidell rjuii be 70 ldo'oi up,
ard upon the strength Of this he vent up1n
Change AMI bought every hing he could lay
hands upon, for rice, while NJ. Psrcire, for th
creiit Mobilisr, sold everything he could let OF
! hi. hands NJ Ro,hschild, who has hal fo 'eis
Q
has b. en- optmist from the start on tho wir ques
tion, aud has realized thereon what would %
| 10 tuno for any other man than he; while NJ.
| T.. r. Shu raiisd On o tlsbh1 Il " ia.
| .',.,t L r.s he l,su pesNi nis', and hts pad
| ~ II- E.s l,k e i.lt.nsi Thu' between
| ko . chi. WHO to9gh', sni NJ Pir-irs
..., /, sac m II fry did not know Whr e.
| t ;al. tho Bp,,ss of yesterday wa, s.otny
| ,. Ds b,yrn thu roc lie ton OF tls q! les
| o' tho lltse. B,t In the afterdo)n
| 300. Oh tha' nov s.rl hal a-riviia' q Ieons
| s .i..lt.t t.ure',r, VI. de Rn'h 'cr IL mas
| ,.o .. on II , NV, 70 nO,wi.hs,andug
| u '..t . lc dirg op'ra or con''nQei {.
t1.tt f'r i I. p5 Con hal ttllon a.
| 'rr r..-o ~ cent nes.
| But l,st evening ,hs .'comN pewi ~ i've j.
by the Ct Of Washing on, at q iaens.o IN and
day all Is animation AZ the B urs, A. th'
baukers, In American circles, every where,
| bat among the aeces,ionists, who 10 K
uuutls abe thirsA 7Ay feel that thjir Las.
| game ha' tul,i them, AMI they are c'rreapold-
| ingly Lluo IN consequence. Certain French
journal, are greatly rrjoicsl AZ the issue Of the
solution, and declare that II is no'hirc lss' than
| a triumph Of the Government Of Wd'hington
| over the whole world Of seccs tOaism, a. home
| and abroad. . lers demand that tbs Fro1Ch
| Government shall now take steps to in about
| en- landing oIwcen the great mlrltinf
| p.Nors for a ilh satt cmeut Oi the inlsrni.iDn-
81 points in dispute
The as onishmsnt 6t the coolHess Of the Amer.
! can Government aud Prlss is uni lundod II 70,
| whore We are every day tbs vi nossos Of the
! colossal preparations Of England, and whero We
| Sec aud kuOw thl, sho il bout on a big fight 10
which she will rot hesitate 10 adopt any means
tho IN Al TepuRnant TO her moral sense, Ia or Tor
| 10 ruin the nited Stl'o7, the AnerisIn impJr.
| tutbaLli'y is an enigma.