The New York herald., 1865-03-04

In the absence Of later news from America than the
4th of February per the steamship Hbornian the Eng
lsh journals continue their specuations on the recent
peace conference held at Fortress Monroe between Pres
dent Lincoln and Mr. Seward ON the part u the North,
and the robe commissioners, hcssrs Stephens Hunter
and Campbell on the part OF tho South.
The London Cube of tho 16sh Of Fcbruny is fully
convinced that the peace negotiations wers an utter
failure, and that the war Is now entering upon new
term In which both sides determines than ever
to leave everything to the arb Of the sword
thinks that the conference having failed the advo
Gates on both sides will now be silcnced 8.
The London Sta OF the 18th OF February believes that
the conference entered upon in good faith by both
parties The meeting entirely for discussion and an
Interchange OF view-a kind Of preliminary meeting to
ascertain whether any common basis could be discovered
upon which NEGOTIATIONS might be opened In more for
NAL manner In its very nature II was a conference OF
which the details could not Immediately be made public
and because OF this want OF result the Journals
OF tho North probably too apt to take somewhat
too decided view Of the conference and pronounce
failure. A4
The London Indcr rebel organ observes that thsere
fact OF negotiations having been found possible demon
with what rapid strides the American people have
been advancing towards the idea Of peace That happy
contingency may yet be far distant but these things are
indications Of its approach The fndr rej0ces that the
Southern States have priced their Independence above
the advantages OF the passing hour
The London Times Of the 17th Of February thinks that
thus far there has not been the least sign OF any real
movement move Inc aecsod 81 pence ane nnes GreSm e
mama SO long that idea stands on its pedestal the
must 60 on, and can see no symptom of its easy
The London Army and Navy Gasctts thinks the nset-
ing only marks new phase in tho bloody conflict. II
makes the boundary line between the bellgerens broader
and deeper and renders peace fears impossible till
party the other have won, by ths sword the fight
PARLIAMENTARY COMPLIMENT TO LORD LYONS.
In the House Of Commons, on the 18th Of February,
to the ZEAL tact discretion and ability with which Lord
Lyons had discharged his duties Washington In NO
one q many M1end % cases maa 10 tsS a. . .oo osa M
been laborious that In his dispatches filed
sixty folio volumes Under such circumstances It was
pr,ctn NJ hrnl ou1,.f
the present the forebore 70 press him
eide whether he would return to Washington not In
the meantime Mr. Beverley Hume most satsfaet0-
rily dischargng the duties Of the omhsssy
THE CANADIAN QUESTION AND BLOCKADE.
Mr. Watkin complained that tho government was a.
lowing the recpncy treaty be aside without the
slightest attempL 70 avert it by negotiation He also
complained that intercepted letter had been published
without expanation stating that President Lincoln had
himself signed the order for breaking the blockade at
Mobile and that too, while the American Ambassador
complaining Of British subjects doing So He moved
Tor the papers
iar Lsyard sasa there were no papers to produces
AMERICAN VESSELS UNDER THE ENGLISH FLAG.
The London Iadez says that hundred and nneen
American ships have been transferred TO the British
registry since the commencement q the war.
THE pREEDMRNs AID SOCIETY.
Demonstrations in support Of the Freedmenfs Aid
Society took place Exeter Hail. in London, tho 18th
ult Sir Thomas Forweli Buxton presided. SPEECHES
were mado by Levi Coffin and Dr. Haynes, from America;
MIR. Foster, NJ r., and others. Much enthusiasm was
evnccd in favor OF emancipation, Mr. Lincoln and the
Northern Gauss
sApoLEoNs SILENCE ON AMERICAN AFFAIRS.
The absenOof any alusion to America in tho Emperor
Napoeons speech TO the French Legislature attracts at
tention in EnSand-
The Mexican Question:.
THE cEss20N OF SONORA REFUSED Bx FRANCE
FROM FEAR WAR WITH UNION.
The PaMall Gazette says the question OF the cession Of
certain prcrnces In Mexico to France had been discussed
in the French Prvy Council Tho project advocated
by tho, Duke de Morny, supported by NJ. Fould; but
Drouyn dLhuys objected, account IF possible
n The Unled States, and fAs Emperor suiatsly agreed
soth han.
Spnin.
Tho Minister for Foreign Affairs had announced to Con-
gress that trcaty Of peace had been signed between
Spain and Peru the lattox paying indemnity Of four
hundred millions OF reals.
Royal decree had been issued % extending TO Cuba the
II Ii reported the p ruvian Indemnify Is 10 be made In
eonsignments Of guanR
Italy.
Turin telegram says great uneasiness prevailed
there II thought that Mazzini was at the bottom Of
The eruption of vesuvius was increasing No damage
had yet occurred. That OF Etna was diminishing.
Austria.
II Is stated thai proposals for further considerable
SssUu Scen snb%seS 20 % the Emperos for approval nA'
Austria and Prussia are said to have defntvey re-
solved upon thc'hag Of the schleswig Hostein navy
Prussia.
Tho Finance Committee In q report to tho Chamber OF
Deputies propose that the Chamber should declare that
the budget docs not show correct distribution OF State
expenditures; that the military estimates particularly
require great modification and reduction.
Turkey.
difcuy has arisen between the Turkish and Persian
governments, the latter having refused conclude
treaty Of commerce with Turkey the basis n
with other Powers The Porte threatens TO withdraw the
license TO Persian traders
The Porte proposes general amnesty for those imp
Gated in the Syrian disturbances in 1S60.
Important from south America.
PAYsAHDU TAKEN AFTER A BLOODY RATTLE
THK BRAZILIAN TROOPS MARCHING ON MONTE
vIDEo-FRENCH MEDIATION TO BR SOLICITED.
Additional details state that the city OF Paysandu
taken by the Brazilians after sanguinary conflict last
ing fy hours Great mortality existed in Paysandu on
its capture.
The Brazilian army was marching upon Nontevidco
The Banda OF the Oriental government was about to
sond commission TO Europe TO solicit tho mediation oi
France In The Brazil question.
Commercial Intelligence.
THE LONDON MONEY MARKET.
The funds have partially recovered the fal produced
by tho rs news Of the peace conference but under the
that the sequel to the conference was not
vet known prices were not fully re. established.
The demand for money was active, and only In very
cxceptonai cases was anything done below the bank
minimum, I've per cent
Messrs Barring Brothers say y:-"Thc news Of the
peace negotiations raised vetwenties from 80 to 54,
but they declined subsequent intelligence TO the
scnt quotations-51k SIX. Eres, which went 10 34A,
are now 80 32h. Illinois Central, after reaching 53s
rule at Six 52An