, 1865-11-01
FROM EUROPE. :.
Our London Correspon-
dence: %>' !!
LETTER FROM ITALY,

/ The United States Claims upon
Great Britain, and the :
Late Mr.. Golden.
The Claims Of the Emitted States Upon
Great Britain for Damages by the
| An@iu-Confrderute PrIvatecfx lm-
| portant Letters OF rtIr. Golden In Re.
| .JatIon TO This Qucst1on-Thc Late
| Meeting. in London OF Southern Stnte
Hondliolders-The Proposal to be
n,ndc for Settlement Of tho Claims
Strange Movements In Homc-Papal
Insults to France nnd En@Iand-New
Dogma Of rapa1 1nfalIIbiIItY-Italtan
Political Paf1ics-Lelter from CARL
baldi on the Approaching Elections
-The New Republican Movement In
Germany-lliEb1y Important AM-
nounccn.cnt of Platform from Karl
RIind-Po*tncrirt-D Of Earl
Kasnell on Emitted States CIainls-The
Money Markets, dcs, &C., DC.
From Our Own Corre.pondent1
LONDON. Oct. II, 1Sl5.
The most important occurrence In the DO
;itical world. during mauy months paxt, il
tho publication of the correspondence be-
! tween Secretary Seward and Mr.. Adams In
reference to the destruction of the United
States carrying trade by tho Anglo rebel cruis-
ers. 1t is no part of your correspondence q
dufy to criticize the pr0s and cons Of TINT
cplstolary expanse which covers column after
column Of our daily papers, Suffice II to say
that our press las taken up the subject
with no deficiency Of animus, and that
the Journals which sided with the rebellion
are unanimous in Earl Kussell's favor, while
thoss which advocated the cause OF the Union
view. The best opinion I have yet seen IN
any Of our papers is set forth In the Pail -Nall
: Gazette. Adverting to Tho sist Of the whole
discussion between Earl Russell and Mr.
Adams-namely, the efficiency or otherwise,
Of our Foreign Enlistment Act, in other
words, the power Of Our Government to baye
stayed the departure Of the prirateers, aud
IT'S quasi completely In not having done go
the Gnzeffe puts the case thus "a fierce dog
runs out Of my yard and bites man in the
street. In answer to his complaint, say I
had no ehsiu to fasten him up with. Surely,
IT would be fais answes to say, That Is inst
what complain off, and the Gaze would not
be materially different II :he excuse were, I
did clain him up, but the chain was not
strong enough to hold him. The answer to
this would be, That is your business Thev
ought 10 be not only chain, but chnin suf
! fctcnt for the purpose required" This is a
common sense and honest view OF the matter
in dispute between tho two countries
1may be Permitted to remark that hAye
endcasoFed during the past two years to place
this question On its own mcriis before my
connuymen and having had It In my power
to state several important facts and, more
over, 10 give statistics in regard to the rav-
ages Of these privatee1s. was houored with
the correspondence Of many English states
men, and amongst them, the lamented
Richard Cobden. In the early part Of III, be
wrote me as follows: !" You are acting pa
aspect 10 the operations Of Britid-duM
cruisers on American commerce. fregarl It
In every point Of view as the most serious
question SO affecting our interests which has
arisen out Of the war. l do not mean merely
the disputed money claim, though that may
Be serious-but The lesson we have given and
! the example We have set to be applied some
) day on ourselves II.ink Lord Rus1eH rery In
jvdiiotts In refusing tae offer Of arbitration.
We may not have another President 50 peace
i able as Lincoln, or another Minister Of State
! so plant and concillatory IS Seward to deal
(; take Ibis eStsact Is Feb. 2sth, 1864; he had
A.. previously written to me on Jan. 5th, as fol-
/ lows: ~ entirely agree with you as to the
| consequences to be apprchended from the op-
i! e1ations Of the pdyaieers. But I do not see
!, how can Interfere now with advantage.
difficult TO ga q hearing on ltaf side, what I
feared would be the consequences Of our lag
L proceedings al LfreT1,oo1, dc. -
But confess I think the money amount OF
| the captures the smallest amount ofthe future
penalty We shall have 10 pay. 1t Is the loss Of
! Of the United States mercantile ms
/ ffpe Which Ii the most pregnant
: fact, for it shows what half.a-dozea
! swift steamers would do to our merchantmen.
! =, With snch prospect, ] hardly see
how we can 20 to wRr With eEen Brazil.
many Of our ship owners md merchants, who
: ought the moment there was even the hint Of
priratcers being lifted out IN our ports, to
hive risen En- ndase against 1t, and tos'have
called on the Government to apply for fresh
powers II they had not sufficient for the pur-
pose. Instead Of this, too many Of them
have, fear, chuckled over the destruction oi
rival. For English ship owners and mer-
chants to be found encouraging 8uch mode
o! warfare upon hnd through toreIgn COM
1nerce, is on d par With the intelligence which
the propHetoEs Of the Crystal Palace would
exhibit II they were to invite . game Of stone
throwing With their ne1shbors living In stone
md slate honses.n Tie taiicizing in the
above extracts Is my own, and 1t may be OBJ
, jected that nothing was wanted to make the
language more emphatic than MF. Cobden
himself put IT,
majority Of the English people will advocate
} the views Of the great Freetrader, and thai,
when the moment for decision arrives, our
mercantile classes themselves will compel the
J; Government TO do tustics. The circumstances
! of the case arc materially altered since Mr..
i Golden wrote the above letters; our ruling
c]ass has awakened from Its dreams and Wis
Ions the maxim "diride in order to reign y
has not this tfnae proved successful IN action,
and the people ut large begin to understand
that their honor and interests have been jeop.
nrdized, If not compromised, by their rulers.
We're permitted to suggest the tribunal, or
commission, before which the questions In dis.
/; pute should be discussed, l should advise the
appointment OF referees or nrbitrators, By the
! Chambers Of Commerce Of the two countries.
There would then be chance Of q straight
forward md speedy scttIement-oue, besides,
TINT would restore friendly feelings between
the United States and Great Britain, without
fear Of d3scTedt or humiliation to this conn
try. The subject. however. Is cettuin to cont
up at IN early date before Parliament, and tht
discussions which will then cnsne will nateri
ally influence the decision, and tighten tht
labors Of MF. Seward and your representative
Mr. Adams
Tng HOLDERS OF SOUTHERN STATE bonds
I The meeting Of the holders OF bonds, stock
and shares Of certain Southern States Of tht
Amef1can Gnl9n, ,tHnefeon the coupons, lntes
est O. as!aenas ate n aIIeais N conse9aenet
last Tuesday, md referred to In my letter O
me 1lth 1, last, promises 70 ~ ec an aaair 'r. o
add, hy wav Of narepfhesis fhat everx diS
position has been shown By tic parties con
ccr11ed 10 aid your correspondeut,) the move
mcnt Is designed 10 be Of the most friend',
nature. The Indebtedness appears to be q
follows: South Carolinn, 97O6, 900; Missouri
E5,W0, 600; Tennessee, 4s0, 900; ds
Suarapteed6 IL o0o; ~ North acoo Gneo aan
Arkansas, 6oo,boo; Virginia, ell,
20, ,OW; Louisiana, Fl. 10000; the tota
being 2o5, 600, ,O00 It must be understood
] hn1rerer That nn1r a nortinn of the aboy,