The Peace Negotiations

Navv York, Jan. 11. The WorWs Washington special, as - serts, Pranoia P, Blair haa gone to the ■ebol capital witli the f u 11 knowledge and consent ot' President Liücolü, and is olothrèïl with all autbority requisite for oponing negotations with Jeff. Davis, with a view to restore peaos. His iuairuction as to teruis to bo offcred aro ernbraeed within those three propositiooa, each of whioh ara finsl : First - an ainneaty toall; Soooad - the eonstitutiou as it is aud the Union as it was; Third - total abolition of slavery vi thiu a reaaoütíble leogth of time. Auother special of the samo dato to ' tho World givoa the following rumora: ïhat advices direct froin llichoiond, present Jeif. Davis n3 strongly incliut;d to peace raeasures, and williug to aocopt mach more liberal terras than at firat auppuscd. TLÍ3 ia deerned most auspiciousfor the vefult ot 13!air's raission. Mr. 'Lincolu, on tho othor hand, is disposed to be as lenient as possibla, but insista that whatever terras are agreed apon prívately t'aa first action on the part of tho Suuth must be to lay down its aras and acknowledge Iho suprcuiacy of tha Union. it ia roported Blair is authorized to tender Ales. H. Stcphens a free couduot to Waeiiington to consult v,iih the autliorities there upon terras of peaco. The report is ourrent to-night thit exGovernor Rivew, of Virginia, and exGovernor Orr, of South Carolina, are on the way to Vashington as representativos oí' the Southern Confederacy to eonfer with ihe Federal authorities upon tsruis of peaco and re uniuD.