The New York herald., 1866-08-02

Grant Was the only spectator present. In tho evening
General Sherman was pcrcnaded and made a short
speech to quito crowd in front Of the Ebbit House.
Governor Orr, Senator Pcry, General McGowan, D. L.
wardlow and others, OF South Carolina appointed
delegates the Philadelphia Convention at q meeting
in Columbia yesterday Resolutions adopted In.
dorsng tho Presidents Views and favorng the purposes
OF the Conyention.
England and the Derby Ministry In Reference
to European and American Afinirs.
While awaiting further Intelligence through
tho Atlantic cable of the progress Of the peace
movement initiated among the German States,
recent events In England are entitled to some
attention touching her present position and
probable course of action In reference to Euro
pesn and American affairs. The great popular
reform meeting held the other day in London
somewhat cmphatically expressed its want Of
confidence in the Derby government; but this
expression was doubtless intended to apply to
Derby al standstill or retrogressive aristo-
crat, concerning whom the masses Of the Eng
lish people have no ideas or principles or pur-
poses, except those Of distrust and antagonism.
There is, however, another man in this
Derby ministry, who, ss man Of modern ideas
and oonspicuously identified among English
statesmen az champion of the progressive
spirit Of the age, may prove sufficiently strong
TO loaven the whole lump and make this
Derby government popular and successful.
This man is the famous Disraeli, the present
Chancellor Of the Exchequer. In this Derby
Cabine, he stands out in even bolder relief than
stood Mr. Gladstone in the displaced Russell
Cabinet. We incline 10 the opinion also that
Dsraeli will WELD a greater influence In
shaping the general policy Of this Derby
Cabinet than did Gladstone in shaping the
policy, and especially the foreign policy, Of
Earl Russell, because. although Derby IL
what may be called an old Bourbon, who learns
nothing and forgets nothing, he il far more
flexible and practical upon the question Of
Englsnd'u foreign policy than that rough,
gruff, obstinate, presumiug and offensive little
man, Russell. Unquessionably, with the dis
placement Of Russell, the most difficult STUN
bling block in the way Of quiet and satisfac-
tory settlement Of our unsettled balances
against England hos been removed, and from
Disraeli we are now prepared for . satisfAc-
tory settlement. We say Disraeli, for he In
reality is the master spirit Of the present min
issry, and from his large experience, his great
abilities and his liberal ideas, particularly in
relation to American affairs, we are inclined
10 expect great things from him as the direct
Ing genius Of Derby.
First, however, in regard to the affairs Of
position Of non-intervention till called upon 10
assist in behalf Of peace. He says:-"Thc
Emperor Napoleon has been appealed to BY one
of The belligerents (Austria) for bis mediation
and good Offices, but with what success remains
TO be secn If our assistance or good Offices
shall be needed to cooperate with those Of
France for the purpose Of restoring peace TO
Europe, nothing would be nearer the desires
OF her Msjesty's government than 10 afford
them. But until our mediation or good Offices
have been applied for, hold that we should
he stepping out Of our province II we were
TO interfere between the conflicting parties"
From this II would appear that Lord Dcrbys
non-intervsntion policy 10 substantially that Of
MI. Seward; but in being ready to step forward
when wanted, the British Premier is somewhat
ahead Of the American Secretary Of State, who
Is always ready with excuses, or for excuses,
but never ready for action.
We are mainly Interested, however, In this
Derby ministry In reference 10 IL policy upon
American Affairs, and especially in the matter
OF certain unsettled balances due to ms ffom
England In consequence OF those thoroughly
discussed AnglQgsbsl spoliations upon Ameri-
can commerce from 1851 10 1865. Here, from
some able, sagacious and broadly conciliatory
speeches Of Mr.. Disrscli In the House Of Com
mons, In the course Of our late civil war, We
pre- disposed to believe, should these claims be
now reproduced before she British govern
nent that bis influence will be successfully
exerted 10 behalf Of pronpt and liberal In
dsmnihcsson. In thus securing the bonds Of
psscs and friendship recognized between Rue.
land and The United States, the Derby ministry
nay gain . noshold IN ~ affections & Ne