Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1859-02-01
LETTER raOa NEW ,uRk.
[ Correspondence Of The Richmond Enquirer.
NEW YoRK, January 90. 1859.

correspondence " We Nfe""""1
New York, January 90, 1859.
The foreign news by the Arabia has reach
cd YOU. No better evidence OF the instaohity
of European Governments, and especially Oh
,bose of the continent, exists than the fact, thai
the few hasty words uttered by the Emperor oil
France to the Austrian Minister should have
sent 4 financial panic throughout the monicd
ccp,r.s Of Europe. If n few unguardcd words
Md the effect of sending down public securities,
int would the announcement Of n revolution
IN Italy or in any other part Of Europe do?-
i'h,. Suslrians have sent requirements into
Lomhardy: should France reinforce her troops
in the Papal States, it will probably be the be-
ginning of the end.
The London Ii mes estimates the aggregate
leclinc in public securities in Europe, since the
LIST instant. at eco, 900, 600, or at about
;3OD 600. QUO! The securities Of the United
states. in London, failed to participate in the
general panic. And. there was no change to
,o,icc in quotations while there was a fair de-
mand for United States; fives ut ?4a9o, and
Sixc, at l02. State stocks were sustained at
former rates; Virginia 6s at s4ls6, Maryland d
1t 95a97, Kentucky 6s 90a92. Notwithstand-
ing all the abuse heapcd upon this country by
The monarchal Journals, not forgetting the blast
If Monsieur Belly. alias Bellors. it seems that
the capitalists of Europe have more confidence
in American securities than they have IN their
own. =.
While American State and other securities
have stood their ground on the London Stock
| Exchange. how has it Jared with the bonds OF
monarchal governments? In Paris the 3 per cents
ON LIST inst. were ut 81 30 to 10 81; they have
| since touched 81 40, showing a decline OF . 30
@ 5 90 pcr cent. The fall in Russia has been
3 per cent; in Sardinia . per cent; in Austria
i ner cent; in Turkey 8 per cent; in English
~consols about | to . per cent.
The Chamber of Deputies in Sardinia had
| elected liberal members for its officers. The
Government had determined to strengthen its
forces on the Lonbardo.V Venetian frontier. No
,loubt exists but that Austria has been tho
roughly alarmed and aroused to the danger OF
her isolation from European syinpathies: A
leep feeling of resentment prevails in Italy
,%yainst the Austrians; and if red cd to the al
Tentative of choosing masters. they would un-
loubtedly take the French before the Aus
.rians. With the French there is always a
hope of a change Of government; under Aus
trian rule there is none. Her monarchy
seems tn be 4 fat and unchanging level oil dcS-
,otic rule, from whose concessions there is no
hone for the freedom of humanity or progress.
the bullion in the Bank of France had de-
creased Sj. 600. 900; while the bullion in the
B INK of England had increased about S235,0OO.
In the opcn market money was plenty at 9ta
- per cent. notwithstanding the call IN Lon
Ion for SO. GOA, 900 to 49, 800. 900 on account OF
he CHILEAN loan and East India Railway capt.
al which had been me. Money WAS un
changed.
II was said that the Am rictn Minister, Mr..
,ccd. WAS at Macon, and that he had cnmnlu'
tic tied a section of the new Chinese tariff to
he local papers for publication. 1t is a docu-
ment much wanted BY merchants in this quar-
er.
The most unwclcomc foreign news for our
agricultural interest. is the fall Of cent per
,ound in cotton. in Livcrp,o l, while provisions
we're dull and -four lower.
The total tonnage which entered the port OF
New York, in 1858, comprised 3.42l vessels. o.
m aggregate tonnage of ], 693. S7lt manned by
&c 645 seamen, against 1881 vessels. OF
81! 004l tonnage, and 81. 600 scamen. in
1857 The number Of vessels cleared in 1853,
amounted to 1892. Of S07. 5S0l tonnage Of
American ownership, and l,45l vessels and
t4b, tOns OF lOTclel ltEiSi"''""' -"''"' ~
American. in 1857. Of l.l+t.4S5 tonnage, and
I49o foreign vessels, Of 47O, j66l tonnage.
The total tonnage at this port. foreign and 90.
| nestle. has increased from ! Al .963 tons IN 1871.
n > 0TO. S5g1 in 1856, or 1893. STli in 1853.
The tonnage of New York engaged in the
roostwisc trade in 1919 amounted to 9S5. 5S!,
which. in 1858, had increased to l.G4O.4I3.-
The coastwise trade Of the United States is
immense. and is every year on the increase,
giving the most convincing and overwIcl ming
proof of the ineStimable value of our glorious
| Union to all the States and people thereof.
The report of the Committee on Foreign Re
! %lations, in favor of appropriating thirty millions
| of dollars. with which to negotiate for the pnr-
chase of Cuba, continues to excite much inte-
rest in this quarter. If the vote OF this city
could be taken, it would result largely in favor
| of the measure. The merchants engaged in ship.
ping and commercial pursuits. are almost unani-
nous in favor of the purchase. In the reports
presented to the Senate and House Mt Washing
ton, too much stress is placed upon the immense
value of the trade of the Island, without, at
the same time. showing that it is not attribute
bic either to Spanish enterprise or liberal go
vernment. so much as to its proximity to the
United States and the great support impaired
to the industry Of the Island by American
commerce. No one can suppose that, were Cuba
as far distant as the philippine Islands, it
could ever bave reached the prosperity it has
attained in spite of the dcspotism Of Spain.
The Island of Cuba is divided into three De
partments: Western, Middle and Eastern. The
chief population. cultivation and production is
is found in the Western division. The Eastern
comes next to it, while the Middle is most
thinlv settled. and is least cultivated.
In 1851. the population of each Department
stood rs follows: