The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1865-09-29

EW YORK HERALD. FRI
sruction Of the bench upon which tho brothers and
which fell TO pieces tho touch Of spring, thus almost
Instantly releasing them however tightly bound.
Tho stock market was lower with dropping tendsn-
cy, yesterday Governments were heavy Gold was
firm and closed at Ia.
Tho markets were generally nrm yesterday, with fair
demand for articles Of domestic and foreign ner-
chandise Petroleum was steady Groceries were hrm-
Cotton was heavy On Change nour was arm for good
and choice brands dull and lower for under gsdes
Grain was heavy and lower. Provisions were firm I'M
dor steady good inquiry Whisky was In moderate
request, and prices were unchanged
The Policy Of Europssn Powers with
Regard TO America.
There Is no doubt that the policy pursued
with regard to this country, from the com
mencement Of the civil war, by England and
France, was deliberately considered and
jointly matured BY the Emperor Napoleon and
Lord Palmerston- And we may presume that
most, If not all, tho governments Of Europe
approved Of that policy. The hasty recogni-
ton Of the South as belligerent and Of the
ephemeral empire Of Macmillan show that
they were quite ready to follow the French EN-
peror and British Premier. But the part other
governments performed was only secondary to
that Of France and England. They were the
head and front of the monarchicai conspiracy
to destroy, if possible, this mighty republic,
or, at least, to weaken it and throw discredlt
On republican institutions. It is with them,
<l1v hov RI oh
settling the difficulties their conduct has
created.
If we could get at the secret history
of the conferences and intrigues of these
European Powers from the beginning of the
war, and particularly when it assumed such
vast proportions as really to threaten the in
tegrity of the republic, we should see enough,
probably, to intensity the indignation of the
people. When known it will form, doubtless, q
curious chapter in the history of the period.
But the development of their policy is suf-
fcient to show their motive without revela-
ton of the secret propositions or plans Of Lord
Palmerston or Louis Napoleon.
We are aware that in conceding belligerent
rights to the revolted States almost before the
smoke of the first gun was cleared away the
British government eagerly seized the earliest
opportunity to break down her greatest COM
mercial and maritime rival. This was followed,
of course, by the fitting out of privateers in
British "neutral waters" The result was the
temporary destruction of our mercantile ma
rine and the increase of that of our rival. All
this was perfectly consistent with the selfish
and far-reaching policy of England. A
Power which had successfully destroyed
every maritime nation that had risen to
eminence and rivalry with her, as the
Dutch, Spanish, Danes and French, would not
allow such an opportunity as that of our
war to pass without aiming blow at us, the
greatest rival she ever had. Added to this
was the desire to weaken and throw odium on
republican institutions, which were beginning
to act powerfully upon her own monarchical
and aristocratic government.
The Emperor Napoleon, taking the cue from
this insdious hostility of England, and fearing
also the influence which the success and power
of republican institutions and ideas here might
have upon his mercurial and revolutionary
subjects, undertook to extinguish neighbor-
ing republic on our border. In defiance of the
long established policy Of this country Of ex-
Guiding all European interference with the
States of the American continent, he invaded
Mexico, erected an empire, and imported a
European monarch to rule it. All this was in
perfect harmony with the conduct of Great
Britain; and, no doubt, both Powers acted in
concert performing the rifle laid down for each
in the original programme.
The temerity of such conduct and projects, in
the face of mighty, vigorous and warlike ma
ton as we are, shows how great the stake was
in their estimation. True, they did not see nor
comprehend the full extent of our power; nor
did they expect the result Of the war would be
such as it is. But their want Of foresight does
not excuse them; it only makes their acts ap-
pear more transparent and treacherous The
sagacious Palmerston and the astute Napoleon
have fallen into their own trap. They expected
to see us divided, paralyzed and shorn Of our
power. Instead of that we emerge from the
war mightier than ever. In few weeks we
could have under arms million of men In
1er1Or 10 none III Tue WOTiu 10 UraNe unu shiiul
soldiers. With such an army and navy as we
could bring into action no Power nor combna
ton of Powers could stand before us on thii
hemisphere. War has no terrors for the
American people; the excitement of it is rather
fascinating, especially when there is grea
principle involved.
Still, neither the government nor people Of tht
United States desire to 60 to war. They viii
even be patient under injustice for time Il
allow those who injure them to reflect ant
escape with as little modification as possible
But they will never submit to insult or degra
dalton. And in this matter Of Mexico, as wei
as that of the pirates that have been let loos'
from British ports to prey upon our commerce
we must have settlement. Though the conduc
of England and France toward us in the day o