The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1866-08-19

Inc anchor OF collier hooked the Atantc caDo near
Hearts Content the 9th instant giving the tele-
graphic rope ugly twist The electric communica-
ton was not interrupted and tho accident was soon
remeded by diver Masters OF vessels will DO more
cautious in future when running on shore In the neigh.
borhood
II stated in Washington the authority Of advccs
from spain that there is every prospect Of early
peace between Spain and the South American republics
The question is TO be referred 10 friendly Power for
arbitration to avoid the appearance Of either party
imposing terms
The Fenian scare is not abaed in the least In Canada,
and active preparations for defence against raids across
the border are still going
fire at Eicotts Mills, in Maryland, yesterday des
troyed joint stock companys granite cotton factory
The loss Is estimated at $500, 900.
The sudden and unexpected fall gold unsettled the
markets for most kinds Of merchandise yesterday, and
prices were quite generally lower especially for domestic
produce Groceries were quiet but steady Cotton was
duh and dropping On Change the chief feature was
the reaction in four which ruled ten to fifteen cents
lower Wheat in moderate demand at rather easier
prices Corn opened heavy but closed firm. Oats were
ono cent higher. Pork opened firm bat closed heavy
Beef was unchanged. Lard quiet but firm. Whs-
key was dull and nominal. Freghts though quiet
firm. Petroleum steady.
President Johnson's Proclamation Against the
BIntam0r0s Blockade. ;.
We are gratifed to announce that Mr. Secre-
tary Stewards temporlzing milk-and-water
policy in relation to Mexico has come to an
end, and that President Johnson has taken this
business into his own hands, in a manner
which promises a speedy and decisive settle
ment We refer to his proclamation declaring
Maximilian's blockade Of the port Of Mata-
moros absolutely null and void;" that 1t will
30 be held Gas against the government and
citizens of the United States, and that any
attempt which shall be made TO enforce the
same against the government or citizens of the
United States will be disallowed'
The reason given for this proclamation is
by the Prince Macmillan, who asserts him
self TO be Emperor of Mexico" being " unsup-
ported by competent military or naval force,
Is in violation of the neutral rights of the
United States as defined by the law of nations,
as well as of the treaties existing between the
United States of America and the aforesaid
United States OF Mexico meaning the Mexi-
can republic. The President repudiates the
government Of Macmillan, but recognizes him
as belligerent," and hence our neutrality
in regard to the war which thus afflicts the
republic of Mexico" 1t Is simply the right of
q neutral to disregard mere paper blockade
that is here asserted but at this juncture the
effect will be the same as active armed inter-
vention in behalf Of the republic and the
Monroe doctrine.
We shall now very soon come to definite
understanding with Macmillan. At present,
in the face Of the positive engagement of his
master, Napoleon, to withdraw his troops with
in given time, 1t would appear that poor
Max, In some way or other, through the assist
ance Of France, expects to maintain his gov
eminent For example, in this aforesaid
decree he says that !" the port Of Matamoros
and all those of the northern frontier which
have withdrawn from their obedience to the
government (of the empire) are closed to for
eign and domestic traffic during such time As
the law Of the empire shall not be therein REIN
stated" and that any merchandise proceeding
from said ports to the ports or places where the
imperial duties are collected shall be subject
10 those duties, "and on satisfactory proof Of
contravenHon shall be irrcmissibly con-
fiscated." 1t thus appears that Macmillan con-
sidered his expulsion from Nor thern Mexico as
only temporary misfortune, and that in the
absence Of the troops and ships necessary to
hold such places as Matamoros on the Atlantic
side, and Mazatlan on the Pacific, he has
presumed upon Mr.. Stewards indulgent neu-
trality to recognize the validity Of paper
blockade, until what he calls the claw OF the
empire" shall be reinstated.
This presumption would be properly met
only by counter proclamation denouncing
this paper blockade as absolutely null and
void" But in taking this step President johnson
broadly hints to poor Max that there has been
enough Of this imperial tomfoolery in Mexico.
and that the best thing he can do is to pack up
and follow in the wake Of the Empress Carlota
rs fast as possible; that our government accepts
the withdrawal Of the French as the abandon
ment Of the empire, and that no double-dealing
tricks Of diplomacy looking TO its maintenance
can any longer be tolerated. Napoleon, with
the information OF this proclamation, which
has probably reached him already through the
Atlantic gable, will realize the necessity Of
hurrying up his protege to the duty of speedy
settlement with the republic and with the
United States, In view OF his return to Europe.
The material difficulties with Napoleon arc his
Mexican claims and the debts he has incurred in
this wild goose adventure. These difficulties,
however, through the mediation Of the United
States, may be satisfactorily provided for. AT
all events, President johnson has given the
master and his man In Mexico . notice to
quit, which we guess will consi dcrably shorten
the period fixed by Napoleon for the with
drawal Of Macmillan with the last insalment
Of his army.