New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1863-04-22

Of styling the Confederate ships PiIales, na1 Jus
been illus,rated by decsion of the Supreme Court
Of the United States, that bond given ~ ieP' -
sentatiyes OF captured Federal vetse, anu Is ~ -
"A Confederate officer for ransom must De heiu eauI
in the Federal COurisa deeisiOn WDi'u h"i io',i. "
with a previous one in q case where the ques'iOn
arose whether the officers aud crew OF hcoo. pr
ya;eer were subject TO the penalties OF pray VI
thai occa.ion the Court lad Gown lero ooui,
be 10 distinction between The heDts On Tue Sea "pu
the Rebels ON the land. II The iatt W9i7 u "7
treated 10 prisoners of war, SO should tue i0rti'
The New YoI; correspondent OF me LoHd0H
Taa.s in ris telegram per Austrsla,iau gives me
following. cit il asserted by the agents OF INC "oV-
ernmeht that the South mutt sfeeuuy }leiu ron
want OF fJOo aud that series o. victories Wisnii
toe nexttNo weeks viii eiisctaslly crus1 TIE Ke-
behOn."
The Tyn,. iu an editorial slludes TO the above
TELEGRAM. and saws the promise 10 crush tho Rebel
lion HIS been often made before, out ihe bold redut-
,ion OF the term OF 20 days 10 IL may have some
cecleiOn behind Il more vigorous tLan nsaai: III is
evident enough that the commercial ciFcieb "i now
York have been thrown into az eXtraordnaiy s!aie
OF agitation Ind thai ieverisn eAci.cinehs dstoroS
every ma kst apd Interest.
TIe Times hints 81 the probability that specula-
ton has employed revival oi Northern hope 10 dis-
count fome expected success. but that come move
ioenis certainly important and possibly dacisVe, are
in,uending sppegTe TO be general impression. IL
remains, however, TO be seen WhoIher inby VIII MOI
be Confederate successes.
The London Shipping GG,efte remarks that the
Walhngton Government could Nos take more
efsctua means OF drifting into war with England
th.n by the issue of priys,esrng commissions TO
make Iepisals upon British shipping Tor the sue
cesses of the Alabama; but in the I-ce OF prcce'
deuts and the recorded opinions Of former Ameil-
can Governments. il DOES not believe Dir. Llneo!n
aud his colleagues viii venture to incur the eonse-
quenchs Of The threatened repTlSaIs
The GiO5e observes that every year the war IN
America il prolonged ncrrnses the danger OF coils
ions with third parties and the lndsposlOn 10 make
such re- araton as neutral powers must demand IN
case Of Infringement Of neural rights In making
such demauds the English Government Will continue
20 act with all the forbcarance and moderation con-
sistent with the assertion OF its rights.
The London Ttnss City Article ssys that the
fut ds were inactive the 9Th iDst. with tendency
70 weakness Thsre was less general buoyancy IN
the market FOR foreign securities ihsn Tor some tine
past The rcceb, recovery In Tie Confederate Loan,
however, was upheld, ana trlnsaction, ranged be-
tween par aud per cent premium. IN. maj quo,
tsllon WAS at 20 per cent preLlam. lbe deHahd
fOs discount Wts active but On tne Stock Exchange
loans were of red sc per cent.
TIE ISmes tnys that while the most bslligersDt
States of ths North are ooIug liltls OF notliDg TO-
ward the fertilization Of their seabCafd, California
rings with preparations fer deiensyc ard Offensive
war Unhapgily there ia no doubt ihai i ID a. inst
England that 81 these TIepsr4'l0hs arc making.
Tho Californian press 10 loud ~ Situpergl0n OF liz
GLAND. The sentiments Of tue people are hostile 10
uA The Washington Government, II building three
monitors for the use Of California, aud eA ortinP
thiher large quantities Of SHELLS aud gnnPowder lost
az If sir. Seward could eDlNen tire gooa.v perIod ~
approaching eivil wa ty speouaiDls Of tie capture
OF Canada, 20 the mind Of California "a 80 PROBABLY
under tie same Inspiration on the HeqmsIion OF
British Columbia.