The Weekly Pioneer And Democrat

FROM EUROPE.

Belligerent Order Modified - Decline in the Funds and the Cause - What is Said of the Proclamation Against Jeff. Davis

New York, May 30. - A dispatch from Father Point says the steamer Belgian, which left Liverpool the 18th and Londonderry the 19th, passed Father Point yesterday afternoon.

Earl Russell had addressed letters to the heads of the various departments dated May 11, stating that in the existing state of the civil war in America and the uncertainty as to its continuance, it appears to her Majesty's Government that the time has arrived for ceasing to enforce so much of the orders given in the letter of Jan. 31, 1862, requiring belligerent vessels to leave British ports within 24 hours and restricting their supplies.

The Times' city article of the 18th says the funds yesterday experienced a fall of one-fourth per cent., chiefly in consequence of rumors of a failure at Bombay of three or four millions sterling, but of which rumor there is a complete absence of confirmation.

At the same time the allegation that enlistments are now being promoted at Washington and New York against the French in Mexico increased the feeling of repression, while some disappointment is also felt at the tone of the proclamation of President Johnson pronouncing Jeff. Davis and many other Americans to have been accomplices in the recent assassination, a charge which, without such proof has as yet been accumulated in any of the evidence, will not be entertained for an instant by any who know, as all Englishmen do, the conviction of Seward and the late President Lincoln, that assassination is a crime totally repugnant to the American character.

The Daily Telegraph says, not many days ago we expressed the belief that President Johnson would have chosen between the policy of Butler and the policy of Grant. Already the choice has been made, and it is to our thinking disastrous and insensate.

The Star says the most exaggerated reports have been in circulation as to the policy of the government of the United States toward Great Britain and Canada, France and Mexico. It would be only just to hear of the United States government from itself or accounts from its acknowledged organs, but it has suited the purpose of interested operators to accept instead wild and reckless representations of newspapers that are unrecognized and despotic.

The Central Committee of the Secretary of Friends in England had issued a renewed call under the present aspect of affairs in America, for increased contributions in aid of the emancipated slaves. On the 17th, an influential meeting in aid of the National Committee of the Freedmen's Aid Association, was held at Westminster Palace Hotel, England.