MT K ndall, of tue N. O Picayune writes as follows from Puebla;
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WTNtS as TOTTONS TTUTT UFUIH

 As regards the prospects of peace, they appear just as distant as ever. A peace patched up at the city of Mexico al this time would hardly last until the ink is dly with which il may be signed certainly not until the Americans are ou, of the country. Without doubt there IS large and influential party in favor of it. bui they dare noi avow themselves for fear of aiter consequences know not how II may turn up, but as l said i, a former letter l do not q, present see any other course than for the Unit ( States io hold end retain possession ol the couniry-aye, and 10 govern il too.