Later from Europe.
The Saxonia, with dates to the 26th ultimo, has arrived. Cotton was unchanged. Breadstuffs declining.Lord Palmerston, in the House of Commons, in response to an inquiry whether England intended acting in concert with other European powers, in endeavoring to bring about a suspension of hostilities in America, stated that he thought no advantage was to be gained by meddling.
The Bank of England has reduced its rate of discount to seven per centum.
It is reported that Mr. Slidell is on a visit to the Emperor Napoleon.