The President, New York steam-ship, the delay of whose arrival
was a source of wonderment and anxiety last week, bad not been heard of at Liverpool up to a late hour yesterday. The Liverpool correspondent of the Times accounts thus for the delay-
" The prevailing opinions amongst persons who cannot bring their minds to believe that any fatal catastrophe has overtaken her, are, either that she has put back to New York, or run for Bermuda. She could not, they say, make Halifax ; and would not steer for the Western Isles, because, if the object of making for them were to get a supply of coal, she might fail, inasmuch as there might not be any coal to be bad at Faye]. The case of the Liverpool is not, they add, in point. Tbat steamer made for the Western Isles, because her owners, with a wise precaution, bad fixed a dell& of fuel at Fayal for the use of their vessels; but there is no reason for supposing that the British and American Steam Navigation Company have placed a depot there."
In the case supposed, of her having returned to New York, it 'is cal- culated that the steam-ship could not regain that place till the 23d
March I nor leave it again before the 26th ; nor arrive in England in less than sixteen days after that. It is said that 30 guineas per 100 has been paid at Lloyd's for insurance on the vessel.
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