The New York herald., 1862-01-24
the MASON slIDElL CASE.

Reception OF the News Of Their Surrender
in England.
QrEsSsTowN. Jan>s, 1862.
The steamship City Of Washington, from New York,
has arrived.
The steamship Jura, from Portland also arrived here
on the sth.
Both the above steamers brought the of
the satisfactory adjustment Of tho Trent AFFAIR
The rendition Of Mason aud slidell to the custody Of
Lord Lyons received with the 9resef satiycction,
but some journals complain OF the ungracious in
which tho Washington Cabinet proceeded.
Others accord duo credit the act and the graceful
manner with which the settlement was conducted.
Consols Immediately assumed buoyant tone, and ad
vanccd over ono per cent
STATE OF FEELING IN ENGLAND PREVIOUS TO THE
ANNOUNCEMENT.
Pending the arrival Of the Europa there was feeling
Of great suspense in England but the funds were but
temporarily depressed.
Somo journals arguo that definite answer was not to
be expected by the Europa and think the cause OF
loses nothing by delay Others construe the delay unfs
vorably.
The London Pod thinks 1t diminishes the hopes Of
peace and that the Washington government cu propose
cos,prone bat ,osca ,ol for moment Be entertained
The London Times asks why the decision should be de-
iaycd favorable for peace, and says the immediate
surrender of and Sde would have been greater
Jloo TO ne Corfeird.s tim victory on the Potomac and
worth millions to the federal cxchequer.
The London Ne,cs nothing but peace.
All the Journals publish semofcial accounts OF the
proceedings Lord Lyons up TO the 23d Of December,
when he had presented the formal demands Of the British
government.
CABINET COUNCIL SUMMONED TO AWAIT MR.. LIN
coins REPLY.
An answer was looked for by the America due
M tha Cab had baan INN 10
met in council on the 14th inst
PREDICTIONS OF THE LONDON TINES CORRESPONDENT.
Mr. RUSSELL in his correspondence the London rimes
predicts that the Cabinet Washington will refuse to
surrender up Messrs. Mason and slidell.
He also says that victory the Confederate army
has become political necessity. and that General Nccel
Ian is being pressed on all sides 10 make forward
ment.
ADVANCE IN THE WAR RISKS AT LLoYDs.
The advces per the Europa caused upward tendency
in war risks at Iloyds.
THE CASE cASvAssED IN FRANCE.
The Paris Pdie and the Pays Say that the government
at Washington offered 10 Mcssrs Mason and sel
on condition that England would recognise the South
ern confedcracy.
THE ARTsTOCRATs OF ENGLAND, WITH NAPOLEON,
LIKELY TO RECOGNISE THE REBELS.
The London Morning Herald says that tho Slidcll and
Mason affair is settled England and France hare an in
dpcenea on commercial grounds 10 recognise TIE toa
earned independence Of The Confederate States, d~d not
unless ne step maafy taken ty ths Mnis at once, u
Is certain 10 BE- taken BY Parliament It's assembling
The London Ne says that any recognition Of the Con-
edsrate s.aos Is too abhorron to English principle TO be
really subject for apprehension
WHAT AUSTRIA THINKS or THE TRENT AFFAIR.
The text Of the Austrian despatch to the government
at Washington on the Trent Affair." dated Vienna Dec ls
had been published. fully justifes the action of Eng
land and says that the Washington government car
| comply with the demands Of England withom ne Teas
sacrifice Of dignity.