The New York herald., 1863-07-22
Our London Correspondence.

LONDON, June 27, 1863
The Nos of General Lees Inoasion-blic Opinion of the
Resul-Recognition and How Avoid A-W Rumors
and Chances ofa European Conaict-Napoleon's Grand
Combinations for Italy and Austria. dc.
The greatest excitement has produced the city
this morning by the brought by the Persia that
General Lee has invaded the North with hundred
thousand Many declare that the game is all up
with the Unionsts and that Davis is master Of the
try 1t in vain tell them that General Lee
live north of the Potomac with his army for single fort
night An eminent American banker here expressed his
surprise that General Lee had not gone farther at the last
accounts than he actually had
Washington or Philadelphia is captured cannot say
precisely what it will have European govern
ments but If he is suffered TO remain three weeks
recognition would, without doubt, be given.
In the face of tins 1t Is very significant that
rebel bonds do not advance at ALL
Now for i've days-till next Thursday, July give
shall be without any news than that brought by the
Persia 10 the I'll inst.
have heard Of one excited gentleman the Stock
Exchange who offered to bet fifty soveregns that
Lee remains the position, Just what
he pleases with the seat Of government
Saturday is always a dull day Sin the city,, and II
is impossible tell what the entire the present
will be the British community till the mails are
Mr. Roebuck stronger pos,tion on tuesday the soh or
II may induce him TO adjourn his question for few
days. till we learn what havoc Lee has made In the land
OF promise.
am absolutely certain that, so long as the American
government and people stand ready TO declare the
instant the confederacy recognized by England long
will the British government idly by and do nothing
show symptoms yourselves OF weakness and they will
pounce down upon you like vulture starved camel
in the desert
The air has resounded with and Of wars
for days the active parties being France and Rus
sa Among business men In tho city the opinion gene
rally prevails that Great Britain will gradually drift into
awar as did with Russia In 1s5354 The attitude OF
Lords pamerston and Russell neither frank open
bold and the friends of Poland much puzzled
the Russians to know what they intend to do bold front
might deter Russia from going forward In the she
pursuing but by EnRlands present action rather
action France feels certain OF assistance when needed
and Russia is induced to believe that Poa0d can be
dealt with on Muscovite principles
have intelligence, from quarter which consider re-
liable, that the French Emperor mas an understanding
with the King OF Italy that at weeks notice army
OF sixty thousand Italians shall be ready to march TO the
VI conflict Louis Napoleon s not Of Austria,
and by holding Italy as menace, Austria may be n
duccd To join France IN war against Russia and
Prussia
II Austria joins Russia, then Italy is promised aid 70
conquer Venetia.
AS for the Prussan King he Is bringing his country into
the greatest difficulty and danger and making the very
Of Prussia contempble Except some
politicians in the House or Lords very few believe that
Europe remain without war six months longer
You will soc by paragraph from Moscow paper that
Russia is ready for with England and France.
The correspondence respecting trade with Matamoros
has Just been published and the American public will see
how ably conclasvey your Secretary OF state replies
the vague complaints of Earl Russell and Lord Lyons
Mr. sewards letter Of May IL Of the abes he has
written