New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1865-03-02
Great Eritain.


Great depression prevailed in commercial and
financial circles the 18TH under the influence OF the
pews Of the peace negotiations brought by the Canada
The Liverpool cotton market was almost paIalyztd,
prices were nominal at about 2d. decline The London
ttock exchange materially affected Consos de-
Cned about per cent owing to fears that sudden
peace In America weuld serious arrangement in
financial affairs by fall in cotton and also on account
of political contn gencies The prospects Of peace were
eagerly debated aud tie likelihood of peace obtained
greater credcnce than ct any previous time On The
10th however the announcement that the peace confer
failure. received By the Hhe rian, was pub
Gshed in the morning papers and OF course caused re
action The fall in cotton almost if not entirely,
recovered. and eonscs also improved and per cent
The Daily Nrs OF the 10th is hopeful that good will
etli result rom the peace conference The desire Of
both sections for peace bs been manifested in IN
mstakable manner and the two Governments willha
60 convince ther several supporters that peace is not
obtainable and why before they restore the state
of feeling which existed before tie recent meeting II
may be that those New.Iork Journals are right which
predict that Grant and sherman must find basis for
peace before negotiations be resumed though II
%culd DO rash 10 that conclusion their i'm.
perfect information. But even in that shall
look forward TO early renewal Of overtures. The
end has not but VIC trust and believe is in sight
The Itmes remarks that tie failure Of negotiations
was 70 DC anticipated and the war must 60 forward
until 1t is brought to al cad by the liability of either
one party or tue other to pIOlOng tue contest The
South can make 10 cesson whatever short OF absolute
sacrifice and surrender One object Of it's forts Is ma.
tiona independence. If il forgoes that it forgoes ali
The Post does not why, II league can be devised
In which the mass OF the Southern States will preserve
North and possess distinctive goverumcnt me terms
of the le iguc ght be made Sufficiently binding
Ensure community Of action on the part Of ,he Republics
as against the rest of the world. The Federal Govern
have OF late manifested the desire if their hands
were free. Of pursuing aggressive policy. Nor is it
directed
The Herald thinks something has been gained in tie
mere fact OF LincO'ns cOnsentiug treat with IL,
Southern Commissioners and shall not be surprised
II the attempt at reconciliation. which he's now ms.
carried be made once moro AID With better be-
Gore the year is over.
TAe O1i an eccentric Journal published in London
EAST season recommended publication on the 18Th. It's
articles attract attention. frou. its alleged special
sources Of information. 1t has tbs follow ing rcltve
Blairs mission 10 Richmond: We are enabled from
special sources OF information to give specifically the
Terms which Lincoln forwarded through Blair TO Davis
as a basis Of paeidcation. They are as fll!ows:
First The abolition Of Slavery 10 be left 10 tie State
legislatures TO time and circumstances but Slavery
10 be abolished Second The Confederate States 10 re
furn to the Union with the rights and privileges
de-. when they left it, Third, The Confederate
army not to be disbaDded. bnt incorporated with the
Federal army for foreign IOUTM, In the restored
Union the past " be forgotten.
. The second Of these propositions being at once
.ecod by Davis became unnecessary consider the
Dthers. In reference % this dcclEept would call
tie special attention OF readers; first 10 the fact
that we know on unaoubted authority that had Blair
not been Invested vita ml powers from Lincoln be
wopld not have been received by Davis; second to the
Tact that Lincoln aoancoHs emancipation by his own
proclamation. leaving tie question TO separate State
aciion and thirdly the fact that the policy of lis
Government points directly 70 foreign aggression.
Parliamentary proceedings on tho 18th were anin-
zortaut.
The ong anticipated death Of Cardinal wiscinan took
place on the 18th.
. The so-ealled spiritual manifestations Of the Daven
port Brothers brought 70 abrupt conclusion at
St Georges Han. Liverpool fhe auf enee appointed
TWO gentlemen 10 do the TOpe.fyng. They proved To
much for and were objected 10 by the paveIrsc.t
Great confusion and excitement T. Day
escaped. but ther paraphernasi- were smashed 10
stolas, and the hal! had to be Closed by The police