1 JUNE 1867, Page 1

Mr. Jefferson Davis was released from custody on Monday, 13th

May, a number of gentlemen, amongst whom was Horace Greeley, entering into recognizances for the amount of 20,000/. for his appearance before the district court of the United States for the district of Virginia on the fourth Monday in November next, there to stand his trial for high treason. It is not probable,, however, that any such trial will proceed. Before November next, conventions will probably have been held in most of the Southern States to draw up a constitution in accordance with the recent Act of Congress, and at such a crisis to proceed with the trial of the late chief of the rebellion would be a needless political irritant. In all probability Mr. Davis hai suffered his full term of punishment, and will now subside into insignificance. It was a remarkable fact that the judge who ordered Mr. Davis's release had been a Yankee schoolmaster, who was more than once, it is said, tarred and feathered by Virginian slaveowners, and the grand jury before whom the writ of Habeas Corpus was sued out con- tained five negroes,—a curious sign of the utter collapse of Mr. Davis's cause, no lees than of his former power. The corre- spondent of the Standard treats us to a sickly account of its favourite hero's doings "under the sweet May moon" on the night of his release. It is said that Mr. Davis is coming to England, where no doubt the same Tory enthusiasts who have been complaining bitterly that public opinion is adverse to hang- ing Burke for treason, will lionize the man who is responsible` for the most unprovoked, wicked, and murderous war of which modern history makes mention.