10 DECEMBER 1870, Page 1

The grand point now is, how far General Grant agrees

with his former adversary. The telegraphic summaries of\ his annual Message on the 4th give probably an undue impression of hostility ; but still it is clear that he is heaping up grievances for -use upon occasion. He complains that the British Government does not seem willing to acknowledge that it was guilty of any negligence in the Alabama matter, but declares that the United States will enter upon that subject, whenever again pre- sented by Great Britain, " with an earnest desire for a conclusion consistent with the sense of honour and dignity of both nations." He makes, however, General Butler's point about the " unfriendliness " shown by the Canadians in the matter of fishing-rights, and advises retaliation by prohibiting Canadian goods in bond from passing through the Union, and even by prohibiting Canadian vessels from entering the United States' ports. He also thinks the Canadian opposition to the freedom of the St. Lawrence " unfriendly," and has found that some boundary or other has been wrongly marked by mistake- A-mericans, we imagine, marked it—whereby the fort of Pembina, which ought to belong to the Union, does belong to the British. We have commented on the Message elsewhere, and need only remark here that United States' bonds did not fall either in New York or London after its delivery.