The New York herald., 1865-02-24

EW 1ONA 11x2xGAAO, y ~
tho New Jsrsey House Of Representatives yesterday
ported In favor Of approving the amendment, with
provision TO submit the action II the Legislature 70 vote
Of the people for raoation o. rjsotoa The minority
the committee reported In favor Of iu unconditional
approval BY the Legisatura
The West Point cadesship which is In the g Of Hon
w. Chanler member OF Congress for the Seventh Con
esiona Dstr< q this ssatA vss oontsndsd for yssssF
lay afternoon by eight young candidates for military re-
Aown graduates Of the public schools Of this oity The
lads presented BY City Superintendent Randall, and
School Commissioners Roosevelt, Nines Vance Tuthii
and Murray present at the examination which took
place tn the Hall Of the Beard Of Education
The stock market higher yesterday Govern.
nents were steady. Gold was nrm0 and closed In the
afternoon q COOK Az the evening board closed st
lesX.
The rise In gold rendered tho markets nrmer
but did NOT any activity In any department or
trade Most articles Of both foreign and domestic pro-
duce dull; but, a. general thing full prices were
realized Cotton was steady Petroleum was firm FOR
refined, but &C. 80. lower for crude On Change the
Aour market &C. higher, with . moderate inquiry
Wheat dull but steady Corn quiet, while oats
were active and hrmer Tho pork market ruled steady
whio beef in active demand at full rates. Lard was
whiskey very quiet and scarcely 90 firm.
Our Situation In Europc-DelusiveH Hopes
OF French Intervention.
There Is a remarkable significance in the
general tone recently adopted by the statesmen
and journalists Of Europe in their comments
upon the affairs Of this country. Lord Russell,
in his speech in the debate on the Queens
speech, while admitting that vessels were built
in England for tho rebels, attempted to shuttle
of the responsibility by charging upon France
the fact Of having armed and chartered these
vessels for the rebel government. The press
Of France, we perceive by the latest news, has
been instructed to charge upon England the
story of the ceding of the Northern Mexican
States-Sonora and the rest-to France as a ma
noeuvre Of the English journals to create hos
tility in the United States against French policy
and Maximilian's empire. Again, we find Sir
John Ephinstone, in the British House of Com
mons, declaring that "if anything disagreeable
occurred" between the United States and Eng
land the British navy would prove very une-
stances, occurring at the same time, and that
time when the news Of our recent military and
naval victories reached Europe, we draw the
very positive conclusion that neither England
nor France desires war with this country; that,
in truth, it is about the last event that either of
these nations is anxious to bring about
The old saying that drowning men catch at
straws is we'll exemplified in the hopes fostered
by the rebel journals that Louis Napoleon is
about to recognize the independence Of the
Davis government, and give material aid to the
cause Of the rebellion. If there was nothing
else to render these hopes deIusive than the
known sagacity Of the French Emperor, they
might be set aside a. vain; bat there happens
to be an insurmountable barrier to any such
policy, and that Is its utter impracticability.
Napoleon has not the power, even If he had the
will. to wage successful war against this coun-
try Not all the Powers Of Europe combined
could do SO at the present time. Any war be-
tween this country and Europe must be a
maritime war. 1t would be impossible TO land
. foreign army on any point Of our coast
Every harbor and inlet is guarded by our
fleets. There is not q single port by which .
force, ever so large, could entor Dupont Far
ragut and Porter, with their gallant subordi-
mates, hold every door close shus, and any ex-
pediion attempting landing would be
swampsd and crushed to pieces. Our present
navy is four times larger than that Of France
and double that of England. With such an
irresistible power on the sea, what chance would
there be of foreign invasion? II is true we are
told that there are even now two French
"rams" on the seas, bound for New York, to
blow us all to atoms, but we have no certainty
OF the truth Of the report. The rebel agents in
Europe, 1t is said, humbugged Prussia and
Denmark in bogus sale of these Vessels, and
they may have humbugged Louis Napoleon,
too. However, these formidable ralns would
never be permitted TO approach our coasts.
The bockading fleets are now free to ms9t
them on the OCEAN, and with the immense guns
carried by our navy, they would have but short
work in demolshing them.
Admitting the impossibility OF landing any
troops upon our shores, the war should be con-
Quoted on the seas. Our veteran army would
not be required at all, and with such an i'm
mcnse naval force "a we have now al our COM
mand-neariy all our war vessels being re-
leased from service on the coast we could meet
any forco sent against us from France without
fear IA 10 the issue. But suppose that
Napoleon could have some thirty thousand men
in Southern port, even if Charleston, Will
mngton, Mobile, Savannah and Galveston were
not cHectually blocked up. What thens His
utmost capacity for transportation across three
thousand miles Of ocean amounts to about