The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1863-08-03

Importaas ereu Hurepe-Ths American
and Roitsh Questions.
We have three days later news from Europe
by the arrival yesterday of the America ut this
port. The intelligence is important in dou-
BILE sense. a. 1t relates to the two great ques-
tions which now absorb the attention Of the
world, and which ere likely to affect each other
very materially In Che next few months Of Eau
ropean diplomacy.
The details Of our victories ct Gettysburg,
and the news Of the flight of Leo and the capture
Of vicksburg, bad reached England. and caused
great excitement there. The London journals,
who take the interests Of the rebels SO much to
heart, were endeavoring to throw GOLD water
upon our successes, and pronounce the victory at
Gettysburg matter Of no Importance. They say
that the capture Of vicksburg is only CLEAN
across our dark horizon; but the money market
Of London gives the lie to these assertions in
the most glarlng manner. The United States
stocks went up seven per cent, and the rebel
loan went down four and half per cent The
money market is the true criterion Of public
opinion in London; and the sympathizers with
the rebels--such as the Times, Post and
Herald Of that city-will find II quite impos-
sible to conceal from their readers the signif-
cant facts above mentioned. When the addi-
tional details Of the fall Of Port Hudson reach
England we shall no doubt find the confidence
Of the public In the anal success Of our govern
ment betrayed by still greater rise Of our
stocks, and greater decrease in the value Of
the rebel loan.
There appears to be very little said about
Intervention In the face of these advices
from the United States. Affairs on the
continent of Europe seem to throw q
cloud over any Interference in our af-
fairs for the present. Austria, France
and England seem disposed to make o cosus
bell out Of the Polish question, and they will
Hnd this matter trouble enough without bother.
ing with us. The Zeitung Of Vienna, the official
organ Of the Hapsburgs, announces that Aus
tria is not pleased with the reply Of Russia to
the notes of the three Cabinets. The Consttu-
tionnel Of Paris, the semi-ofacial organ Of Napo-
leon, asserts that France, England and Austria
are examining the replies of Gortschakoif, aud
that If not satisfied with them they will agree
upon a joint settlement of the Polish question.
This is Of course threat made to terrify Russia;
but that Power is decided, at all risks to pursue
her present policy towards Poland, threats will
avail but little with her. The attitude assumed
by the Czar's government as regards the Polish
question is one which would go to show that,
even at the risk of war with the three great
Powers, Russia will act as she pleases in this
matter. There are good reasons to suppose
that Prussia will side with Russia In case of a
war, and thus most formidable and tremen-
dous struggle will take place-one which can
but end by total change Of the present aspect
of Europe. ss's ~
The Polish imbroglio, therefore, renders
any immediate Intervention Of the European
Powers quite impossible on this continent. But,
as it is not out Of the question that settlement
may take place, we deem It q matter OF the
greatest moment that we should be prepared
for all emergencies. We must take advantage
Of the questions which arise in Europe to divert
the attention Of those who, we know, bear US nc
good will, to place ourselves in such position
a. will ward off attack. We, Of course, will mo-
| interfere In the troubles which now agitat,
oil Europe; but we must profit by them ant
prepare for all afterclaps. The opportunity i
one that we should not elbow to pass by unim
proved. Our enemies are eager enough to talk
advantage Of our troubles. We must az leas
preds their difficulties, Is Gar a. regards SELF
preservation, which 10 the first law. 4 IA "A