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Specalation.-It vas currently rumored yesterday, that speeulations were made in brandy by persons in the confidence of the President, predicated on the prospects of war or non-intercourse.

 All Ii that c7ii bo said ii tho matte; is, that we in New York know full as much as they do at Washington on French affairs. An arrival direct from France, which is as like ly to be at this port as any other will place us here as soon in possession of the news as it will the President. We hold to our opinion, that without explanations of the menaces to- wards France contained in the Presidents message, the money will not be paid. The pacific character of our relations with France rests, therefore, with Gen. Jack son-~those who control him must make up their minds what course they shall direct.