The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1856-1888, 1865-03-04
The Foreign News.

Owing to the continued interruption Of the
overland telegraph line which had not been in
operation since January 81, we have no later
Eastern dates than before reported. The cause
of the Interruption is the hostility Of the In
dams on the Nebraska plains. who attack and
rob all unarmed persons, and destroy the tele-
graph poles. Among the latest kilograms receiv-
ed was one 10 the effect that the Rebel Peace
Commissioner had actually arrived al Washing
ton, bur there appears TO be no good foundation
for the rumOr. The following from the San
Francisco CAL, contains all We have about it:
PEACE RUMoRs 1t is said, on what authority no
one appears 10 know, that private dispatches have
been received here announcing the arrival at Wash
ingtOn of Rebel Peace commissioners, with Alex II.
Stephens at their head. Since our last published
Eastern news. the wires have articulated for "a short
time, and II IS just possible that such dispatches may
have been received. In our last news, which reached
TO the 3lst nit, Washington was full of TumOrs TO
the elect that such Commissioners we're on their way
10 Annapolis. II, in tine meantime, they have arrived
at the Capital. they are just commencing to appre-
cate the difficulties OF their situation. Negotiations
can only be opened. and that, too, Informally, on the
basis OF n recognition of the integrity of the Union.
That adjusted, then comes the difficult matter OF
dealing with the Slavery question. Here the rupture
Will inevitably occur, and with the sine qua non Of
immediate or gradual emancipation, Stephens ami
suite will return to Richmond. In the meantime the
war will proceed, and perhaps before they will have
80 y ANAG AIIE " NSL-b lCzJtAiAttaSF
Grant ami sherman will have cut the GOrdian knot
and LETT diplomacy out in the cold. Whilst every
body is anxious for peace, nobody is disposed TO grant
the undue concessions which the vanity Of the foe is
stu! sufficiently eg0tisilcal 10 pretend 10.
As we look at this peace movement, it can
amount to NoIHISG At ALL, unless the rebels are
ready to surrender or lay down their arms, and
let slavery be abolished. If they are willing
to do this, and are merely anxious about
minor points, such as saving the mecks of the
dastardly leaders, or escaping the wholesale con-
tiscation proclaimed, negotiation through peace
Commissioners may help them 4 little. The
only thing 10 fear Is, lest the American Govern
ment should be 50 anxious to effect peace, that
it may revoke entirely the confscation act, and
allow the rebel leaders TO escape from the coun-
try, without receiving the punishment they so
richly merit.
The California papers received 90 not place
much faith in the peace reports, and think that
they have been started by gold spectators to
affect the price of gold, causing it to fall and
advance again in premium, to aid the specula-
tions in il. Be this as it may, the effect on gold
has bee to gradually reduce the premium, and
excite hopes in the public mind that peace is not
very far off. The New York papers discuss the
propriety Of receiving any Commissioners from
the rebels, and most think it unwise unless thew
come to make 4 formal surrender and return to
allegiance, which few suppose they are prepared
or willing TO DO at present.
The announcement, among the last kilograms
that passed over the wires, that France, Austria
and Spain had determined TO recognise the rebel
Government on the 18th of March, To-day is also
but is generally believed to be q canard.
Those Governments are not in a position to stand
as champions Of the South, by entering into a
with America. L; is not in accordance with
the political sagacity usually displayed by Napo-
leon.
From Europe dates are to December so, but,
the comments OF the English and French
presses on the capture Of Savannah and the de-
eat Of Hood in Tennessee, there IS not much Of
Importance. The press there view the power of
he rebels as practically destroyed, and their to-
al vanquishment 4 question Of time only.