Confederate I can in
Europe — Confederate Bank in
London — the revolution in
Poland, &c.
The steamship
City of Washington has arrived at New York with the latest dates from
Europe:
Confederate loan in Europe.
The
Journal du Havre says some of the cotton bonds of the
Confederate States have just appeared in the markets, issued to create resources by means of cotton still remaining in the interior.
They stipulate that in forty days after ratification the quantity of cotton specified in the bond shall be placed at the bolder's disposal in whatever Confederate port he may designate
provided that port be not at the time in the possession of the Federal forces. These bonds are for the most pat for about 25,000 pounds, (about 50 bales) The value is to be paid in cash, and calculated at 66 per lb English money.
The purchaser can receive the cotton in the port he fixes on place it in the warehouses, or export it
at his own risk.
In
London said considerable excitement has been caused by the introduction of a Confederate loan on the
London markets.
The jobbers, whose business it is to deal in American securities, have declined to have anything to do with it. The argument is that it would be unpleasant for those who own American stocks, or have business relations with New York, to be found dealing about loans with the rebels. "The whole affair seems to us as questionable a proceeding at that of running the blockade."
The market in
London for American securities remains without material fluctuations, any tendency to improvement, caused by the decline of 15 per cent. in exchange at latest dates from New York, being counteracted by the supply of stock which has been forwarded here for sale and drawn out before the sudden fall in exchange look place.
Hence the questions are, with scarcely any exception, the same as those rolling this day week.
The
London Globe says numerous purchases have been made in Confederate loan at prices ranging from 1½ to 3 per cent. premium.
The introduction of the load has led to very general and v a m discussion on the
Stock Exchanges, and stormy party feeling.
That friends of the
North assert.
among other arguments that the loan bill will prove an effectuate battle to peace, while the
Southern partizans protect the success of the operation with some confidence.
Confederate Bank in London.
A preliminary prosperous (without any name attached) of the "
London and Confederate States Bank," is published in the
London journals.
The capital is fixed at 60,000. The proprietors point out the certainly of the ultimate recognition of the
Southern States, and the value of banking futilities being ready for the redemption of that trade which will be carried on through new and independent channels.
The
Manchester Examiner and Times says; "The object of this Bank is distinctly stated to be to sender the
South able to carry on their financial and export operations entirely independent of New York."
At Londek the Russians had to retreat on the 16th, after an important engagement with the Poles.
Russell has addressed a circular to the
British Minister at all the
European capitals, whose object is to induce the foreign Cabinets to support his dispatch to Lord Maple at
St. Petersburg, dated March 4th. It is believed the Cabinets of
Vienna and
Berlin will object,
Spain has not yet acceded.
Nothing is said of other Gallants.
The Provisional Government of
Poland will publish a paper at the headquarters of the army in the national language, and also in
French, to give true accounts of military operations.
