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The late outrage on the Rio Grande.

--We have late intelligence from the Rio Grande, in respect to the seizure of the British steamer Labuan. The Houston Telegraph extra has the following, facts, derived from Mr. Cabanas, of Brownsville.

The British Consul at offered at once to certain was he that his Government would make matters right.

The Federal sloop-of-war Portsmouth, 22 guns, arrived the Rio Grande about the 3d inst., and immediately seized the English steamship and on the third day afterwards, under a prize crew, away. On Friday, the the first day a pilot could venture our after the was the Vice at Matamoras paid a visit to the Port formerly demanded to show why the steamship had been so and where sent. The only answer was that she was found with cotton on board from Mat moras, and that they, the did not allow cotton, to be shipped from the port of

The Labuan had arrived on the Rio Grande direct from Great Britain a few weeks before her seizure with assorted cargo, under consignment to Messrs. Oet ing & Co., of Matamoras, which cargo had been discharged. When seized she had on board about, three hundred bales of cotton, and was only waiting for a full load of the staple.

Messrs. ing & Co were pping the cotton direct to Europe. At the time of seizure the steamer was flying in the gulf, about two miles from the month of the Rio Grande. The only papers she had on board was a receipt from the Collector of Matamoras for the ship's papers, which had been placed in the Collector's hands for sale keeping.

The English Vice Consul entered his protest against the seizure of the steamer, before leaving the Portsmouth, and immediately upon reaching Matamoras made a full report of the proceedings to the English Consul at Havana for which place a vessel was to have left on Saturday, the 8th inst., The British Consul, with whom I conversed, I confident that the seized ship was sent to Key West, and he is equally confident that difficulty will arise between his Government and the children of "Abraham El Primero," as our neighbors on the other side are pleased to call the constitutional usurper.

The Brownsville Flag's account of the capture of the Labuan is substantially the same as that given above. The Flag says three other vessels were captured by the Portsmouth, all carrying the British or Mexican flag, and owned in, or doing business with, Mexico. Besides cotton, the Labuan had a valuable specie list on board.

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