23 JULY 1870, Page 3

It should be noted that America, though of course neutral,

is very decidedly on the Prussian side. There are three millions of Germans in the Union, and consequently Mr. Washburne in Paris takes charge of American interests. Immense subscriptions are raised for the German patriotic fund, and President Grant deliberates whether or not to grant the American flag to German vessels "partly owned" by Americans,—that is, in fact, to give American protection to German goods in American bottoms. His proposal has not been accepted, but it is significant.