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Later from Europe.

The Kangaroo, from Liverpool on the 14th ult., has arrived. The Federal gunboat Tuscarora had suddenly left Queenstown, owing to orders from the custom-house officials. There was nothing new from Garibaldi. The distress in the cotton manufacturing districts of England was increasing:

Agents are now in England making contracts in behalf of the U. S. Government for a supply of arms, &c., The contracts are proposed with a clause that they shall be null and void in case of a war with England.

It is asserted that the Confederate envoys have demanded a recognition of the Southern Confederacy, but that England refused to accede to their demands, while France did not give a reply.

It is believed that the Mexican expeditionary force from France is very large. The choicest officers and men of the Versailles artillery are under orders. A division of gunboats for Mexico were being armed.

The returns of the harvest in France were very favorable.

Another correspondence between United States Minister Adams and Earl Russell was published.--Mr. Adams wrote in May, while Earl Russell's letter is dated July 28. The Times characterizes his remarks as dry and caustic.

The Times editorially endorses Mr. Roebuck's late speech at Sheffield, as far as his lecture to the North is concerned, but totally dissents from his arguments in favor of mediation, which it considers would do more harm than good.

The Daily News bitterly reproaches Mr. Roebuck, and characterizes his course as the lowest depth of moral degradation. It says happily Mr. Roebuck's opinions have long ceased to have the smallest value or interest for anybody but himself. The article concludes by complimenting the American Government for its friendly and straightforward dealings with England, and says nothing is wanting but a little generous consideration towards the North to establish thoroughly cordial and friendly relations between the two countries.

The St. Petersburg Journal reiterates that the desire of the Russian Cabinet is to see the conflict ended by prudent and honorable compromise.--Russia's desire is not to divide, but bring together and reunite adversaries who ought to remain brothers.

Many of the cotton mills in Lancashire have stopped.

The Times, speculating on the probable demands of British subjects for protection from conscription in America, says it will be impossible to extend the British eagle to myriads who may want its momentary protection.

The Crown Princess of Prussia has been confined with a Prince.


Commercial.

Cotton — The sales on Wednesday and Thursday were 16,000 bales the market was buoyant and slightly higher, owing to the great advance and excitement in Bombay and Calcutta.

Breadstuffs were quiet and steady on Thursday. Provisions inactive.

Consols 93 ½. Illinois Central shares 51@50 discount. Eric 28½@29½

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