The Cadiz Democratic sentinel. [volume] (Cadiz, Ohio) 1854-1864, 1861-12-18

cries. Questions Of this kind in countries
whore the people exercise powers pass but
too quickly cut Of the hands Of lawyers snd
statesmen, and give irresistible power tornei- |
iher the wisest nor the most peace loving !
membsfs Of community
EfFEcr on rliE LosD,x MoHEf MAKKET. |
This extraordinary effect Of the news on
the London money market is thus s'ated in |
the city article OF the Times Of November
18th: Thu news OF the aggression upon the
royal company's steamer Trent blythe Uni.
ted States ship OF war San Jacinto, produced
an indescr;bable effect in the city this morn.
ing. 1t trsnspired near the middle OF the
day, up to which time the English funds had
shown great buoyancy. and siier few mo-
ments, during which it was considered al
most incredible, the result on the funds was
a fall Of one per cent. From this there was a
reaction Of nearly a-hslf per cent, but the
market closed with very unsettled appear
ance, although the full details Of the act, are
calculated to influence to an intense point the
feelings with which it must be regarded, had
not up to that hour been published, The
opening quotation of Consuls was 923s ex-
dividend. At one O'Clock the notife from
the Royal Mail Company began to, circulate,
and rapid fall ensued to 9l5a. An impress
sion was.enrouragea that the particulars Of
the transaction would on their receipt, prob
ably show some features of mitigation, and,
as several Of the persons by whom speeula-
tive sales had been elected eredisposed to
realize their profit, q recovery ensued Of q92
| to ii. The Liverpool cotton market this af-
ternoon closed in fhs. midst Of great uncer-
tanty and agitation, the possibility OF events
| that may lead TO speedy raising of the pre-
sent very imperfect blockade of the cotton
potts being among the contingencies recogni-
sed by the operators.
FEDERAL PURCHASES OF SA1TPErRE. -
Great attention has beeR aroused in Mincing
Lane by the fact Of the news of the attack
on the Trent having arrived at period when
the market Tor saltpetre had been singularly
effected by some recent transactions on
American account Since Friday last about
three thousand tons of saltpetre have been
purchased, on terms which have caused a
rise Of from 3zs. to 40s. per hundred weight.
This quantity is about equal to the entire
stock in London, and as there was nothing
in the position Of the article to lead to the
expectation of any particular movement, the
affair caused surprise and curiosity. The
Suyers gave out that, enormous as the guam
tity was, no portion of it was likely to be
thrown back upon the market, and it now
appears that they were all taken .or the led
eral government. AS the whole could moi
DO procured on the spot portion had to bt
: bought for arrival; but the greatest urgency
has been manifested to obtain immediate de
livery Of as much as possible, and about on
thousand tons are understood to be at thi
moment loading from London, whilo ship
ments are likewise being hurried on hon
Liverpool. Meanwhile q further sdvanc
, has occurred, and the prcc now asked i
: 43s. gtau = u en!Y .qlI
/, Locking at the state Of affairs now known
! the remark this afternoon has been that sucl
r . sudden, and under ordinary circumstances
( fIimprovideat at mode Of dealing, seems to denot
r that the intention Of offering an outrage t
b England, such as might render it difficult t
t Obtain supplies hereafter, was the cause {
. the hssty despatch of this extraordinarv OIL
: der. Under any circumstancesit is now as
=. snmed to be likely that the British govern
n ment. ,ciH summarily p'ohi6ie the clearance (
i snch contraLaa2 of mar 1t has since beconl
G known that for several months past larg
!, quantities ofrihes and other firearms, amour
t. ting to some hundred thousand, have bee
+ shipped hence to the United States under tn
II designation hardware" and that business
!. still going on Henceforth, however, til
d public will not be satisfied unless the mos
n stringent measures are taken to prevent, ,thi
!. breach of neutrality in favor Of the Norther
belliss.en,s. lt - "a,
ofI Still FLYING TIRE REBEL FLAG.--A Ie
,i ter from the Tines Southampton correspol
y deaf says:-"Pubiic curiosity sill remair
d unsatisfied as to the futures OF the Nashville
/. or the intentions OF the British Governmer
d in relation TO the question. All that can
r. stated as certain at this moment is, that II
'e Nashville still remains at her berth. ia, II
T. dock, with her Confederate flag and penna
D. floating s!uggishly over ship ON board
IN which all appears as quiet as the grave, al
ri that no steps have been taken towards r
he pairing her shattered paddle boxes or shipil
- any stores. In accordance with request r
r ceived iaom Captain Nelson who bad prev
m ously gone TO London, the whole crew oftl
/ Harvey Birch were sent up to London {
As Saturday last. Captain Nelson has since +
,e turned 70 Southampton on business connec
- ed with the capture Of bis vessel, the nata
es of which has not publicly ranspred.
or ts4t -----.-----x.5~.-s---s ssnsp.-----