The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1859-07-25


ship burned at Sea.
New YoRK, July 81.
The Africa has arrived with European
dates to the 9th, three days later than pre-
vious advices.
An armistice has been agreed upon be-
tween the contending parties till the 18th of
August.
The effect Of this had been great buoy
ancy in all the money markets, and strong
hopes were entertained of peace.
On the 9th Napoleon telegraphed that the
Armistice agreed upon on the 9Th, was signed
at Villa Franco, by Hess and Valiant. 1t
ends on the 18th of August, and stipulates
that commercial vessels, without distinction
of flag, shall be allowed to navigate the
Adratic unmolested
The Paris Moniteur cautions the public
against misunderstanding the Armistlce, and
says that negotiations may be recommended,
but it does not see how the war may be ter
minated.
The Armistice has caused much excite
ment. Consos have advanced la0D2 per
cent, and on the Paris Bourse the advance
was "a per cent.
The other continental Bourses all advanced
materially. The Austrian funds at Frankfort
rose 10 per cent.
Prior to the Armistce the Sardinians had
proceeded vigorously in the siege OF Pesohi-
era, but this and other movements have lost
their interest.
In the Federal Diet, on the 7th, Austria
proposed to mobilize the whole Federal con-
tingent, and requested the Prince Regent of
Prussia to assume the COMMUNICATIVE.
ENGLASD.--The seizure Of the British ship
Laurel at Baltimore, and the coasting trade
hat nh Hol.f via ha
| Isthmus, claims the attention of the House
of Commons. The government promised to
represent the matter TO the authorities ut
! Washington.
Tho Navy estimate had been introduced
| in Parliament and 10000 additional men
asked for.
1t is reported that the mail steamers have
been notified to carry ornaments according
TO contract.
! The ship Sarah Minot, Of Boston, from
New Orleans bound for Lyons, was burned at
sea on the 28th of June. Her crew arrived
at Liverpool.
Tho London Times says with regard to the
ARMS tice there is little TO communicate be-
yond what is already known. All that seems
to be well authenticated is that the proposal
came from France, and was the result Of the
! Emperor's own determination. That Napo-
leon should stop short in career of victory,
, and make overtures to the foe whom be has
defeated in two pitched battles, and hurled
back to the limits of LombRrdy, argues the
moderation or the necessities of the French
e ruler, and we can hardly believe that the
: latter have been the cause Of this sudden re-
solve.
i King Oscar died at Stockholm on the 9Th
/. Ho was born July 4, 1899.
STATE OR TRADE
. The Manchester markets are buoyant ant
excited, and prices for oil kinds Of good
have advanced.
q Ilavre Cotton Market-N. o. tres ordi
q naire is quoted at LOST, do bas at 103f-al
"a qualities have avanced slightly, and tn
= market closed firm. The sales Of the wee
y were 1900 bales. The stock in port 81 90
bales.
Liverpool Market dull, wit
q slight decline on all qualities. Flour de
clined LAID, quotations are nominally l0al3
"a for American. Wheat declined 3a4d, red
"a quoted at 7sGda9sld; white 9sa9sSd, souther
!. l0sal06d. Corn quiet but steady: quotation
nominally 5sl0da6s3d for mixed and yellow
white 9sa9sSd.
to Provisions generally had declining ter
6, dency, bacon heavy and nominal; pork heavi'
D. and prices easier, quotations unchanged; b.
81
en- That NEW Principle of American
Law.
1t was proclaimed on the acquittal Of Sicl
les for the murder Of Key that the jury he
/, established "a new principle in America
= law" which would henceforth be as unive
sal and authoritative and enduring as al
other. Already, however, it seems that tn
new principle of law has fallen into disfav
and the reaction of public opinion is drawn
rapidly to the other extreme. We denounc
!, this s'new principle of American law" in t
time Of it's inception and of its greatest po
ularity, and we call attention to it now,
:. order TO impress our readers with the fo
Of advocating jury or judge made law. Su
law is always enumerated like that of t
az az bred Scott case under the pressure Of pol
me ical necessities, or like that of the Sick
lat case, under the influence of strong popu
AN excitement and sympathy. They canr
~ stand the test Of reason and Of time and "
70 be, sooner or later, overwhelmed and sw,
M away by the irresistible force Of sound pr
IKE lie opinion.
~ Washington letter writer, who advo'
ted Sickles' cause and defe nded the ssn
ess principle of American law" enunciated
In. his benefit, seems to have changed his mil
.nu lie says now:
nrv All the feeling for poor Key has been
hnt vived, all the grief suppressed by the verd
&c in favor of Mr.. Sickles has been called 70
In, anew by the forgiveness extended by
IN, Sickles to his wife, and Heaven knows VIII
1t will end. If Mrs. Sickles was herself gui
he before the death ct Key, sic - guilty 81
no. ana s"o s"n " sicop NV, AOy ousu