The New York herald., 1862-02-27

livery were made at SIS for now mess and $11 for
prime Sugars steady, with sales of 700 800
hhds. and 15 GOO bags MANILA Coffee was firm, with
sales Of bags Rio private terms and do at
19Hc 2oc. Freighs were unchanged, while engage
ments were made to fair extent.
The English Government and the Eng
lish Press ON American Affairs.
The diplomatic correspondence that we pub
lished yesterday from the Blue Book, which has
just been laid before the House of Commons, in
relation to the questions that have arisen be-
tween the governments of England and the
United States, in connection with the civil war
in this country, throws fresh light on the influ-
ences that were exercised to provoke hostilities
between the two countries, and thus bring
about the recognition of the South. To complete
the effect of these disclosures we have the en-
phatic denial of Lord Derby, the chief of the
tory opposition, of the expressions attributed
to him in the report of his speech in the House
of Lords at the opening of Parliament, in which
he was made to advocate an early recognition
of the rebel confederacy by England.
In taking into consideration the state of poll
tical parties in England, the temptations which
the American question held out to the opposition,
and the distressing circumstances that rendered
the efficiency of our blockade matter of very
reasonable cavil on the part of an administra-
ton sorely pressed on all sides, we cannot help
being struck with the generally upright and
candid spirit that pervades the correspondence
of the British officials, and which prompted the
recent declaration of Lord Derby. To Lord
Lyons credit is especially due for his correct
appreciation of the delusions under which the
recognition, and which have led SO many in Eu-
rope to favor their pretensions. Still more to his
honor is the feeling manifested by him at the
near prospect of an abrupt and unfrieEily ter
mination of his diplomatic functions. "To con-
ceal the distress that feel says his lordship,
in despatch to Earl Russell, "would be impos-
sible, nor would it, il possible, be desirable
Again, in expressing his unwillingness to make
any demand for reparatton that, on the one
hand, might prove to be inadequate, or that, on
the other, might render more difficult salts
factory settlement of the question, by being uu-
necessarily great, he gives utterance to these
generous sentiments-I am unwilling to de-
prive any explanation or reparation which the
United States government may think it right to
offer Of the grace of being made spontaneously
The American people would more easily tole-
rate spontaneous offer Of reparation, made by
its government from sense of justice, than a
compliance with demand for satisfaction from
foreign minister" 1t was through this deli
cacy and conscientiousness, we need scarcely
add, that the settlement of the Trent affair was
SO easily and quietly effected. The least i'm
prudence or haughtiness of bearing on his lord
ships part would have led to such an outbreak
Of public feeling here as would have rendered
it exceedingly difficult for Mr.. Seward to make
the reparation demanded.
Sucn being the spirit and tone In which the
correspondence on this and other questions
arising out of our domestic troubles has been
conducted, it becomes a matter of wondeuncnt
how the two countries should have been so
nearly Involved in war. To the English press
we have to look for an explanation of the fact,
for to it all the violence and i'll feeling display
ed towards the North are traceable. The rebel
lion had no sooner broken out than the English
journals, with two or three honorable excep-
tons, seemed to be seized by some malign and
unaccountable influence which converted their
previously moderately amicable feeling to-
wards us into bitter hatred, aud prevented them
seeing anything except through q Southern
medium. The French press exhibited the same
dislike and contempt towards us-a fact
for which the early misfortunes of the cam
paign were assigned as a pretcxt No one,
however, could reasonably expect that purely
commercial end agricultural community should
all at once display The military qualities that IL
takes years to develope in other countries.
What, then, was the motive of the fierce parti-
sanship thus exhibited? We know not, unless
It be explained by tie corrupt antecedents of
such men as Messrs. Yancey, Rost and Mann,
the rebel Commissioners 1t is known that
they took large sums of Southern gold with
them abroad, and that they made lavish use of
It in their cultivation of both the English and
French press. Whether their operations were
confined TO dining and wining its editors, or
were extended to subsdizing the journals them
selves, we have yet to learn. Much of the for
mer we know was done; but this would not
furnish so' ltion TO the course Of such Jour-
nails az the London Times and the Paris Pdtrie.
Considerations more potent must have inilu-
enccd them, or they would not thus forfeit
their claims to public respect and risk their
circulation. Take for example, the conduct Of
the London Times in the instance of Lord
Derhys speech Can any one doubt after the
pre, ious course Of that journal, that IL de-
signedly misrepresented his lordship's express
sions in order to represent him as advocating
the immediate recognition of the South? II is
not merely political sentiment that induces
journal in the position Of the Tines to thus
commit itself The service sought TO be rem
dered belongs to that class which only money
can buy.
If these conclusions reflect severely on the
;ournals 10 which wp refer IL Il their fouit not