The subject of the blockade is becoming more and more serious. I am afraid we have ourselves to blame for not having placed the question of belligerent rights on a better footing. I remember that after the Congress of Paris had agreed to abolish privateering, Mr. Marcy proposed to go a step further, and exempt private property altogether from capture. This was objected to, I believe, by our government; afterwards, I remember, your newspapers advocated the abolition of blockades altogether. I have the impression that your government, I mean your Presidency, would have agreed to the Paris declaration, with the addition of a clause for making private property (not contraband of war) sacred at sea, and another clause doing away with blockades altogether, excepting as regards articles contraband of war—am I correct in this supposition?

Mr. Bright is well, but, like myself, feels your civil war almost with the sorrow of a private affliction.

Mr. Milner Gibson is on a yachting excursion. He has grown a little stouter and somewhat grey with the cares of office.

Believe me, yours very sincerely,

R. Cobden.

[MR. BUCHANAN TO HON. GEORGE G. LEIPER.]

Wheatland, September 4th, 1861.

My Dear Sir:—

I have this morning received your favor of yesterday. I rejoice to learn that when you visit me you will be accompanied by two of your grand-daughters; and the sooner the better. We shall give you and them a most cordial welcome.

In regard to any public use of the opinions expressed in my letter, in favor of the prosecution of the war, I would rather, for the present, you would withhold them. Of course I have kept no copy and know not how they are expressed. Every person who has conversed with me knows that I am in favor of sustaining the Government in a vigorous prosecution of the war for the restoration of the Union. An occasion may offer when it may be proper for me authoritatively to express this opinion for the public. Until that time shall arrive, I desire to avoid any public exhibition.