Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1859-02-11
11mp .nnM NEW YORK
Correspondence Of tie Richmond inquirer
New YORK, February 8, 1879.

W. ORA
The long expected and wished for ASH" 5
news. is no doubt already before your readers
The most important item Of which was the
uonor,oJ news of the death Of King Boinba'
Lie Ferdinand the 18th, King of Naples. The
49, .,,nc ON the evening Of the 2lst inst, by
,alaoronb 70 the London Post. On the following
Ja,, however. it denied its correctness, and
rnyrottrd its publication. 1t was the only
Iondon paper which published it. We have
no doubt' that his cxiled subjects in this quar-
tor. consider the news too good TO be true
Should it be confirmed, they will no doubt
celebrate the event ny some public act Of re-
;o;cinp. One of his late acts was the grant oil
nardon to a number Of his political offender.
on condition that they should be shipped to
the United States, n heaven to them, compared
TO their condition under his rule. Whilc'he,
himself, if he has had to leave on his final
VOYAGE, has had TO take his chance of finding
a much worse place. There are Italians in
New York, whose fathers and brothers, were
seen to enter his prisons, ten years ago, whom
they have never since seen, or heard from, anu
they cannot tell to-day whether they are dead
or alive.
1t was currently reported that Sardinia and
France had formed an alliance which was
SLTtnntuctlCu Nv lllc I'LL IidSS ~ % iiSi'' W
the Napoleon dynasty, with the daughter OF
the king Of Sardinia which, however. it Is
said, was reluctantly consented to by the father
Of the princess.
Austria was still excited and alarmed, and
had sent n circular to the various courts OF
Europe. defining her position and protesting
against the interference of France in her Ital-
ian possessions and government. She, how-
ever, had met with no strong and public en-
pressions of sympathy except from Prussia
She had attempted to explain the cause Of her
rcinforcemcnts sent into Lombardy. She had,
also, it is said, importurned the Duke of Tus,
cany to afford her aid and cooperation. and
had also threatened to declare the Papal States
in a state Of siege. Such a proceeding would
he in effect the declaration OF war between her
and France.
The newspapers on the Continent, obcying
orders, were cndeavorins to lull the public
mind into the belief that all was peace, and
that the late war. cloud had passed over and
that smiling peace. treasured, had returned to
bless the land. In these peaceful hopes, some
of the London stock jobbing papers had piped
in. for the purpose of helping money-borrow
crs and SPECTATORS. All this work of piping
to peace is but the prelude signal to the blast
Of the war!trumpct which will soon startlc all
Europe. With all the trumping about prace,
the recent tremendous decline in European
securities was still felt, and, in spite Of all at.
tempts to raise them by proclaming peace, they
had ONLY experienced partial reactions. Those
in the French Government secrets, and who
likely sold largely for a fall. on the anticipated
words of the Emperor to the Austrian Minister.
no doubt wish to realize by an advance in
prices. 1t has been surmiSed that persons
high on the rolls Of the Government confidence,
have not been avcrsc 10 the hazards Of cards,
or of the Bourse, aud not unwilling to spccu.
late on the possession of Government inforlna.
ton before its general publicity. Peace is, for
the moment, preached on the Continent, be-
cause the Governments which rule there can
the better prepare for war-the first element
of which is money. Austria wants about
$50, 000. 900, which she was about trying ia
obtain in London at ) per cent. Now. as Eng.
lish consols only pay 3 per cent, this is a
strong temptation to "Johm BaH," and hence
the bare mention Of the loan had sent down
~consol, ] per cent, which closed on the 22d
January at 95a 95J. The French 3 per cents.
were again lower, and fell on the al>t ult.. I a
!. At Frankfort and Vienna. the Austrian
funds were down &c. on the 2lst. The bul
lion in the Bank of England had decreased
about $4,000. 1t now amounts TO about
S95, 900, 900. .
The interest of money was unchanged
although there was a good demand for it. II
private banking circles, the rates were under
those of the Bank Of England. On Govern
ment securities, money had been loaned in some
cases as low as one per cent. American securi
ties had during the week prior to the Asia's de
~parture, been less active, but prices were with
out the slightest change. Virginia skies were
quoted at 81 to sc. United States fives, 1874
ut "a to %. Alabama iiveS at IS. Maryland
skies ut 95a97. Kentucky skies at g0ag2.-
Mississippi Union Bank bonds at lGals, anc
Tennessee skies, ldiverS,) S+aSG.
From a careful examination Of the CONNER
cial intelligence, it can be seen that the apprc
hension Of 4 war on the continent has no
abated. 1t hung like an incubus over TIT
cotton market and other departments Of trade
While the press in certain quarters are Sing
ing a lullaby Of peace, Austria, France, Sardi
mia and other governments are actively prepa
ring on a grand scale for war. And we do a.
firmly believe, as we believe in anything, tina
war on the continent is inevitable; and, tina
: before six months passes over, we may see thu
Pope in Vienna, where, il is said, nc ha'
r already prepared to go-with France in posses
|. sion of Rome. and with French and Sandman
troops marching against the Austrians in LON
1. hardy. determined to expcl them from Italy
In such an event what will be the course q
England and other powers: y few brio
months will solve the present mysteries OF Eu
: ropean governments. The only government
wnich viii not suffer by the conflict will be tn
t United States. Powers, so much divided AM
!, embarrassed by their own affairs in Europe
? will have no time or cause for enbro ling them
4 selves with US. regarding contiguous territories
6 while the disturbances abroad will also caus
capital to seek our securities for investments
i while our farmers can help TO clothc and fee
{ their bclligcrent armies.
The Asia brought intelligence of the deaf
of the widow Of Wordsworth. the Poet, at Ry
dalmount, Amble Side, in the S0th year Of he
d age. The biographical notices speak in glow
\ ing terms Of her many aniable qualities q
e mind and disposition, and mention that SIN
rendered her husband important literary aid.
The contract for the purchase of the t'rca
: Eastern had been contaminated Sl,5OO,Oo
had been subscribed, which amount, it was be
lieved, would be amply sufficient to compict
c the purchase of the vessel, and to lit her 10
c sea.
The railway traffic Of England had improve
for the week ending the 2lst ult, to the exicn
c of sl55,Ooo over the corresponding period
year. c
;. The returns Of the New York city banks 70
c the week ending the 9th inst, exhibited tn
following changes: ~.
W.. rnd'0. Loans. Sptcft ClrcnMn, Depo1m !.
. Jan. %. aIo9. 6S,2+9 ei,I25!sM .ts5e.: a,,os.Ir
Feb. s.. l3~U, is.i,6 ~23,99i,iii 's%,sS '!'"h''-'
d Increase. s'Is,aI |6',2lS ,...
Decrease, tl,'S5,S9 ''"-''
We arc informed by the President of one
the leading Banks that the increase in loans
more apparent than real. lie states that tn
loans made on Government securities have ir
creased, while those made TO merchants, and o
business paper, have in many cases material
diminished. The large decrease in the amour
c--A :. an.ountna fnr in mart LY the witt