On the 26th of January the Nemesis started from Macao, with Captain Elliot and several officers on board, and proceeded directly up the Bogue. She was subsequently joined by the Madagascar, which was to accompany her up to the place of meeting. Captain Herbert, the Honourable Captain Dundas, and Captain Maitland, attended the plenipotentiary. And now, for the first time, two steamers were to enter the true Canton river, and as the Nemesis was the leading vessel through the Bogue, she had, consequently, the honour of being the first steam vessel, whether of wood or iron, which ever navigated the "inner waters" of the Celestial Empire. It was just at this time that the French corvette, Danaide, arrived in the China waters, having been sent out purposely to watch our movements in that quarter. This, indeed, could have been her only object, for, as regards protection of trade, the French have never had any trade with China worthy of the name, nor indeed had the French flag floated over the walls of the foreign factories at Canton for many years, until after the accession of Louis Philippe to the throne. Since that time it has always been exhibited rather in hope of the future than for the protection of present interests, for, except the French consul and his attendants, there has been, until recently, scarcely a French ship in China. As the declaration of blockade was still in force against the port of Canton, the Danaide was not permitted to proceed higher up than Chuenpee, but her commander, Captain Rosamel, was politely invited by Captain Elliot to accompany him on board the Nemesis, that he might be a witness of the coming interview; an act of courtesy which was handsomely acknowledged. As the two steamers passed through the Bogue, each with a flag of truce at the fore, they were saluted with three guns (the greatest number ever given in China,) by the forts on both sides. The Chinese also manned the works, and hoisted numerous gay silken flags; and the effect of their curious costumes, and the general appearance of the forts of Anunghoy and Wantung when their battlements were crowded with the eager spectators, were very imposing. Certainly, the passage of two steamers between them, the first they had ever seen, must have been an exciting novelty. The bold, rocky steeps behind the batteries of Anunghoy, frowning, as it were, and really commanding the batteries below, grinning defiance with their whitened battlements, and the opposite island of Wantung, with its numerous works, the more distant shore of the mainland on the other side, and the remarkable Tiger Island ahead; all these formed a very interesting and remarkable spectacle.