, 1862-05-27
IMpOR FAINT FROM EUROPE,
Effect of the Fall Of New Orleans
In England.
Improved Tone Of the English Press.
The Capture of New Orleans In Eng.
land.

The Capture of New Orleans In Eng
Care RACE, May 2G.-The steamship Kan
g:aroo, from Liverpool 18th, via Queenstown
18th, passed Cape Race Saturday night.
The Canada arrived out on the 1lth, aud
the City Of New York and Bohemian On the
18th.
The capture of New Orleans was regarded
with come doubts. but generally credited, and
treatcd as a decided triumph for the North,
though many contend that it will not materl-
ally affect the issue.
Breadstufia closed dull Flour 6d@I low
er. Wheat Sd lower. Corn Cd lower. Pro-
visions flat. Consols for money 93lL
GREAT BR1TAS.--The news Of the capture
Of New Orleans was received by the Canada,
and vas the occasion Of much surprise and
Southern sources, it was generally agreed
there was no room for doubt.
It produced 10 influence On the cotton
market. The Times says it is a hard blow for
the South and great triumph for the North,
another proof that the North can do more
harm to the confederates than the contede-
rates can do to them The Times aske, "HoW
will it affect England s''- 1t snys the American
Ministers at London and Paris are told to as
sure those Governments that the plans are
being matured for mitigation Of the block
ade, and this promise has been made from time
to lime, in Paris for some weeks past, as we
can we'll understand, with sincere desire on
the partof the Federal Government to fulfill It.
Ht1e Federal troops possess New Orleans
there is Of course an end to the blockade of
that city There is only one thing wanting,
that cotton should come down: If the
Southern planters trust it to the Federals,
sufficient will, doubtless, be got to relieve the
their stocks, or refuse to bring them down, il
is hard to sny what was gained by the capture
Of New Orleans. The capture is creditable to
the skill Of the North, and is also an item in
the revenge Of the Fede1als; but if the city il
low to he blockaded On the land side by the
this mitigation Of the blockade.
In another article the Times says 1t is Valn
to deny the Importance Of the event, but i
the Scutherners mean what they say in thei1
loud talking, which the Times rather ques
lions, they can never be conquered.
The Herald declines to helive the fall Of New
Orleans, bat admits that If true 1t would be :
| signal triumph for the North.
| The M071ing Post also doubts ii, and think
if confirmed it will not seriously affect the for
tunes Of either party, although it is seriou
loss to the South. 1t Eays the utter hopeless
| successive stage.
| The news per the city Of New York, re
ceiyed just before the Kangaroo left Liver
| pool Of coursc dispelled all doubts. Til
| impression prevailed IN Manchester that tn
event would bring forward some cotton
It VAS reported that Count Persigny wa
suddenly ordered from Paris to London,
was supposed on the mission relative to tb
| steamer Economist, With 800 bales of cottol
and 400 barrels Of rosfn, which arrived ut Li7
erpool from Charleston
speculations continue relative to Mercier'
visit to Richmond but nothing reliable
diyu]ged-
|. The Opinion Ndtionale asserts that
merely had reference to French tobacco. ]
was reported there Was q military conspirac
at st. Petersburg in favor OF Poland
The Daily Mems says there is no good reaso
for doubling the capture and regards it q
great importance-it highly eulogizes til
| cpDsuuafe skill.