The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1848-05-15
State Of the Markets.
SPECIAL CORRESPONDENCE
OF THE
N = W z Q r X II = r A i D
&c. &c. &c.


rived yesterday morning from Liverpool, whence
she sailed the 29th ult., and thus made the pas
sage, including her stop at Halifax, in fourteen
days and eighteen hours.
Our papers and letters, from London as well as
Liverpool, are to the 18th ult. inclusive.
The news from the Continent of Europe CONT
nues to be of an exciting character.
Aiming in Ireland progresses with great rapidly
and enthusiasm.
The dminution of bullion in the Bank of Eng
land was exciting attention. 1t is not unlikely
that considerable sum had been sent to France
and Holland, and also to ireland, to meet any run
arising out of the apprehension for the savings
banks Importations during the week were large
from Calcutta, Madras st. Helena, Port Philip,
New York, Portugal, West Indies, Singapore, Cape
of Good Hope, Fernando Pc, Cape Coast Castle,
and St. Petersburgh.
The cotton market was quiet during the week
ending the 10Th ult. The low and middng quail
ties were about one-eighth below the last quota
tons; but fair Upland continued to sell at AID;
fair Mobile 41d. In the value of fair Orleans we
note an advance to AID, the latter being required
tor export. The sales of the week are 30,940
bales of which exporters have taken 5000.
The advices from the manufacturing districts
throughout England and Scotland, are, in some re-
spects more favorable than those previously receiv-
ed There had been considerable business done
IN Manchester, especially in goods suitable for
India, China, and the Levant, but at prices lower
than the previous week. There is not much i'm
provement in prospect, and the spinners and manu-
facturers are very heavy losers, notwithstanding
the cheapness of the raw material. Yarns are low
er in price, and but little business doing
All kinds of breadstuffs are in good demand, and
prices had an upward tendency
The steamship United States will not leave Ii
verpool for New York until the 18th inst
There were no vessels in sight off Holyhead or
the port on the 10Th ult. although the wind was
west.
1t is said that M. Lamartne has concluded
treaty offensive and defensive between the French
republic, Switzerland, the Italian States, and that
portion of Germany represented in the Diet at
Frankfort.
Our London Correspondence.
LONDON, April %, 1882. NJ
Summary of the Foreign Intelligence.
Honor to whom honor is due America the free
the first give sisters hand to the young repub-
lie of France The electric spark OF liberty thrilled
like magic through the heart Of every citizen in the
United States and the banner Of tho United States
was the first to entwinc its glorious folds with tho tr
color, amidst the shouts Of enthusiasm Of a people
whose letters had just been severed asundcr America
has repaid the debt she owed to France who was the
first to recognize the indcpcnden of America Honor,
then to the star bospangled banner and let Mr. Rush
speech and Lamartines answer lead the way Of my
despat hes, which rich in important and interest
ing details.
On Wednesday, Goth April, Mr.. Rush presented to
of the French republic He spoke as follows -
GonemcnI have the honor Of presenting you a letter
President of the United States eonfe on me
Of that republic to The repSbo Of France
In .a% % : my s Witch 70 the % S
the prosperity Of France and am directed to inform Of his
republics the friendly relations which will
as ss DECLARE % o %sa Of
conduct in recognizing the French republic when it's existence
yernmcnt then three days BIRTH at present this
% s5 @ aSd France %rns G
and difficulties the Provisional Government has
peace abroad History viii ais note q ta "
tons since can now do so with the assent Of government
and Of my country
when The Republic shall have passed from your hands which
smb that great body may It's abors by the establishment
Of institutions ensurng to France the greatest prosperity aud
Nj. Lamartnc replied as follows
Citizen Minister the provisional government has charged me
recognition the French republic
the first to recognize the Independence Of the American republic
then weak and still contested but which, under the fruit
fu influence Of the democratic principle destined in half
BY the restrictive justice Of Proyidcnc i ha. belonged the
American republic to be the first recognize the French
republic and to ax its signature to the certificate Of birth Of
French democracy IN Europe That signature will bring good for
rassmcnts n,eparabc from such crss~frcS the downfall Of
the government aud the creation Of institutions Of quite differ
cn character from so great displacement Of and things
to your fellow citizens that everhns gives the assurance that
their good wishes Tor France will accomplished and that the
republic will issue strong aud from our feeble hands
still stronger AID greater into the the whole nation
forward ripe for their institutions What was hiy6vc years
back only the idea u the superior nation
into the ideas and habits Of the whole people without
The republic which they wish for Is you your.
selves founded-a progressive republic the
ideas ofpropcry commerce. pobity liberty
the moral and religious feeling Of the citizens IL Il cpuIic of
which the first cry was cry Of generosity Of
shattered to pieces the arm Of vengeance and political
banner the fatal words Of esapprcpatcn aud prescription has