The daily union. [volume] (Washington [D.C.]) 1845-1857, 1849-01-20
1tr.fers of United STATE. stock to foreign account
So, 1854 400 $I,05s,45O

II would seem from these figures that the desire on the
pa of Europeans invest in American Stocks
w in Germany and France increases the ability real
property there progresses Thus the French retes under
the peaceful election and Inauguration of Louis Napoleon
risen to Al SO 49, and other property has Income
more saeable-crcutnsances which, although they ght
not induce the great of holders would be seized upon
by many shrewd capitalists to transfer to safer regions
In fact. the continued large demand for silver for Europe
sweeps the London market at advancing rates fast
very considerable sums arrive from South America indi-
the constant disposition Europe exchange
paper f,r silver, particularly in Austria and Prussia
Trade i'm proves, it must upon specie basis, and the
old disposition specie which thirty peace had
gree, soened appears to have revived throughout
Germany and with good This discredit apper-
tains particularly government credits The paper
system has for long years formed the bond of union be.
the governments and the moneycd arstocracy pre-
scued by great bankers in all countries. Thus the nobes
gentry and wealthy citizens having money invest put
into the hands OF the Rohschds, who it the
governments for stock bearing INTEREST," which
.erest is paid by the working many The governments
under the plea protection, have given their moneyed ci-
monopoies oil almost all indes by which their wealth.
and therefore their of lending the government
has been increased AT the expense OF This
system is falling pieces. The age is progress
sve; and when Austria, recently, comes forward
for loan OF $i00030)0 for the purpose of delrayng the
of the rcconquest and subugaon of aly and
Hungary and the of which the payment of the
| interest depends her calculations faacous. The
constituency of the Rohschds like those of all other bank
~,
spirit OF the age. The whole fabric of European paper
credit. toteng to be recognised the sole
of strength opposed the people,
and the migration Of capital to tho United States may
expected proceed in increasing The events
Of the past year in Europe have impaired than
usual interest the message of the President OF the
United States, all parties in Europe being desrous TO
see in official documents the working of republicans
amid the disasters of the old systems There oas
opportwn display of the great blessings of inst,s
contained in that document Even the Eng
ish papers betrayed the admiration that they y
felt in contemp plating such extraordinary evidence OF pros
pery to which Europe has long been stranger a.
The several markets, for the moment show little
reaction from the animation of the past week The Cali.
ona excitement continues to affect the markets. and the
numbers going apparently on the increase. \ There
43 vessels up at this port for San Francisco
Many of them however ill arranged and will scarce.
y make successful trips any disasters are apprehended
from the ncautous in which vessels filed with
passengers for at least Eve months' voyage 4Ia -
Commercial letters from the Pacific of South Amer
express the excitement which everywhere in those
prevails in regard the gold regions A letter from Lima
under date November H. states, receiving gold
from California in lots of $l00000. All descriptions of
goods have advanced the coast and all dealers re- an
parenty becoming rich through the dissemination of that
gold which comes here but slowly 1t is expected that
considerable will arrive, however, in the spring and
that its presence will give the spur speculation.
Cotton has, under large arrivals and Sales given way
during tho past few days. and quotations are now about
of cent lower than last week, being as follows.
Ord. to good Mid. to good Mid fair Fully fair
ordinary midding. fair to ga rr
yp 6,i1s : Fla sSlIassl az 7,szs ya5a.