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Wellington Independent, Volume XVII, Issue 1823, 29 January 1863, Page 5

The Chancellor of the Exghequeb an© the American Question. — The following-.cor- y . respondence has been published:— ''Mancbes.-. ter, October 13, 1862. Sir,—A great .deal.of y misapprehension exists in this district, risgard-^ ing what you are reported in the Times 'tiiWß^J paper of Thursday last to have said uri' 4 thei I Town Hall, Newcastle, on Tuesday evening I when speaking on American affairs. Pe6p)e . I bave interpreted your words to iflean thatdjir Government intend to recognise the'Sdutbe^n States of America, and, as a consequence, the , 'whole trade in cottou ano! cotton goods is thrown into a state of doubt and uncertainty - r\J that has had ihe t-ffect of completely paralysing; -J- J it This is not all. Your speech, has inducMy the countermanding of orders already :s'6ht ; abroad for cotton, and tbe suspending of orders J^. on the eve of being sent; tbus stopping sup* './'-'_ plies of that which our population stands 80 much in need of. It would be most desirable to know if what you said had not (the meijditfg put upon it, and tbat.it was. not your ( inteQtipn ; to say or infer her Majesty's Government'con- -. templated recognizing the Southern lStatjw^ofy." America ; and I trust you will not consider me intrusive in asking an explanation, as the subject is one of national importance, which , should not be left in doubt and uncertainty, as at present. I beg, therefore, you will grant me J, a reply, as your sileflce may bear the interple-yT; tation already put upon your words. IhaveFthe . . honor to remain, &c, Thomas Mosllsyl The Right Hon. W. E. Gladstone, M.^" ;" 11 Downing-street, Whitehall, October 16, 18625 Sir — I am directed by the Chancellor pf the ' 0 Exchequer to, acknowledge the favor of ycjur letter of the 13lh inst., and I am to state that his words at Newcastle were no more than: the expression, in rather more pointed terms, of an V opinion which Mr. Gladstone has long-ago stated in public that the effort of tbe Northern* States to subjugate the Southern ones' is hoper^: less, by reason of the resistance of the hitter,. ' '■ I am, sir, your obedient servant, Chables '*L. Ryan. Thomas Mosely, Esq." " yyy