, 1865-01-19
Effects OF Sherman'< Success In
Frunce-AmcF4cnns JubilRnt-&k4-
I1ng-Or@anizalIot1 Of Skating Clubs
Tho Papal Letter-TAe Queen OF
Spaanss Speech.


Spal1lss Speech.
From Our Special Co-responjentl
Pans, Friday, Dec. 80, 15G4.
The last news from America, received By
the uansa. down to the 18th inst, ore natu-
rally regarded as some Of the most important
which has ever reached us from the theate1
ofwar. We dare not, indeed, yet give full
credit to the fall Of Savannah and the capture
Of its urmy ]; but rne great fact Of the saceess-
full Issue Of EheEman's wonderful march, raorr
like ~ expedition of Alexander or tbcretrcAt
Of The ten thousand, than modern waftarc-
is ncv confirmed bcyond Ill doubt. The IN
tel!;ecnce arrived just in time to .ld im-
menscly to the enjoyment Of this festive sea-
son. American residents in Paris, are, Of
course, having many gatherings amongst
each other and social meetings among the
elder branches Of families, and Christmas
trees for the young people, arc the order Of
the day. You may be sure that the tldings
which arrived on Wednesday night
did not diminish the hilarity Of
these assemblies, whether Of old or
young. The kilograms were passed round
thcs. Christians gatherings with loud coagrat
uletiuns, or reed 1rotona r'u6!ieo BY the fortu-
nate individual who happened 10 arrive first
With one Of them IN his pocket. The price Of
American securities, which begin now to show
themselves pretty freely in the windows Of
our money changers, have all gone up in con-
sequence, and the general impression is that
the rear is closing under the most favorable
auspices for the Federal arms. Tue fact that
Sherman has been able to traverse the entire
extent of the enemies country "not only
without serious resfstcnce," as remorked by
the Afonitcur this morning, "but," ;" to quote
again the language Of the official journal, and
its New York correspondence. without even
suffering any real pTivations," such fact az
our party and the weakness ofthe other.
Tic weather has moderated here since
last addressed you, and as it still remains dry
and clear, is very prorit,ous both for the ;,ust-
ness and amuscments Of the season. Among
the latter skating is still thea order
skaters are American performers, both
male and female. So much, indeed, haye
some Of our countrymcn and women distin-
EuisAcd themselves, that I hear that this
morning tro"p of them are to figure by
appointment" before their Imperial majestics,
who have politely requested to be favored
with view Of the skill Of which they mad
sknting club has BEEN organized, and piece
OF " ground" gzaciously allotted to it by the
Project Of Paris, to which only members and
subscribers are admitted. Each gentleman
skater is allowed to;nt1oduce Indy gratis;
and thus within this privileged circle may be
aen exhibiting all the cosm0polite elegance Of
the Pa1isian world OF fashion. The scene is i
very Toy one, md one is proud to see Amcri-
Gun female beauty Of face and form, as well
as taste in costume unl skill and grace In ex-
ccutson, bear away the palm, as they certain
IL do, In such an asscmblace.
As you may judge from the above remarks,
there is little time or thought given just now
| to more serious objects. Tho papal cncyclic
| ought indeed to be claescd anon. the latter.
! But it is now universally regarded us so wild
and extraordinary that 1t Is scarcely possible
t to treat 1t with gravity. Even the Constt4-
tionnes says this morning that "Rome evident
| II intends to nuke complete breach between
herself and all the principles Of modern 80
I ciety," and certainly half the legislation OF
Franre would have 10 be undone before 1t
could be put in harmony with the principles
cnunciated by the Holy See.
Speculation is bus7 upon tho Queen Of
sPain's speech to the Cortes and the future
policy Of the cabinet Of Madrid. The finances
Of the country arc thought to be tn q very dis
ordered and unsatisfactory condition, and it
ls expected and hoped by parties interested,
that Spain will abandon all ambitious views
| Of colonial import and devote all her energies
and all 1er available means to the rc-es1ab-
1ishment of her credit and the derelopment Of
her internal resources.