The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1861-09-10
EagfeEft Ports,
MOVEMENTS OF OCEAN STEAMERS
From the London RerietC of Aaqust II.
81 \ EWS DE Whk " A 81 LID &

SlN Nv - OF w AK IN AN ERICA.
are we Known for what Lord Csseeatgks 81 SdTdd SadTadd
their Ignorant impatience of taxation" and are
not likely to submit without struggle at evasion
to burdens and unpopular as direct per-
sonal imposts, especially in the Far West. where
there is large German population to aid them in
resistance, among whom the war has still fewer ad-
herents than among men of English, Scottish and
Irish descent. And this feeling, taken in coDiunc-
tion with the singular lcvitv, almost approaching
to the ridiculous, which has been displayed by the
Northern combatauts, does not impress the public
OF this cOuTtry with a strong conviction that the
money will be raised Nor will the siDgularly i'll
timed and stupid desire expressed in Congress to
aggravate still further the already sufficiently ag-
gravating Morrill, tariff, add much to the resources
of the Government at Washington.
1t will throw additional mpedments in the way
OF the already diminished trade between Great
Britain and New York; and it will tax in another
form all the American consumers of cotton and
woolen goods, and hardware, to the sole advan-
tage OF Northern manufacturers, such as Governor
Sprague, of Rhode Island; but it will not add in
any perceptible degree to the warike resources of
the Republic. The South NAV. originally have
been "mad" to secede. but the North seems to be
permanently and hopelessly mad in forcing its
protectonis tariff the country at such a time
the present, to the advantage of one but few
wealthy millowners, to the disadvantage of all the
rest of the community, and to the inevitable alien
alton of all British sympathy.
As for the proposed loan, we need scarcely say
that the attempt to introduce ii into the London
market mas proved 1aure. Mr.. A. Belmont, the
New Crk agent of the house of Rothschild, has
finally taken bis departure, convinced of the hope
lessness of persuading the English public to lend
themselves to the speculation. 1t is universally
felt in this country, that if the Northerners mean
to conquer in the unhappy strife, they must con-
quer Try their own energies, and their own money.
The Federal Government offer DO valid secu-
rity; and the English public are well aware that
neither Messrs. Rothschild any other firm,
however eminent, will give security for the
payment, punctual or unpunc ctual, of the interest
The bonds of more than of the Northern
States are not worth more in the markets of the
world than the paper on which they printed;
and were the war even more popular in the North
than it is, repayment would be as problematical
after the success it would be after the failure of
the Federal arms If the South establish its indie
pendeuce, as seems inevitable, what would be the
value of stock in Federal loan? If the North
conquer the South, and have to maintain standing
army to keep it in subsection, what will then be the
value? Probably about the same in either case so
per cent. below par, or lower even than that.
The Americans do not wish Great Britain to in
terere in the quarrel, to offer their advice,
and they ought, if consistent, to scorn to borrow
the money OF an Englishman to carry out feud
which they assert to be purely domestic one with
which Europeans have no concern. We know that
the mutitudes Of Euglishmen who have small sums
of money to invest, do not look altogether at the
morality OF their Investments consider too close
y whether the to which they furnish the sinews
is just or unjust. On the contrary, we are fully
aware that they look to high interest for their
money, and 10 that alone
We tell these people emphatically that any En-
glishman will deserve t. lose every arthing of bis
investment If he lend it either to the North the
South in this struggle Our Government has wise
ly resolved to keep itself out of the melee, it the
unreason able North will not force into strife by
inventing grounds of offence and quarrel. And
our people will do well to initiate the example, and
not invest guinea on either side. British trade
suffers more than enough between the beligerents;
ana 1t would De silly indeed II those who not
traders should imperi their money by investing it
In cause with which they have no concern.
NEWS VIA WASHINGTON.
"An officer of the Potomac fota" writes as
follows to the Evening Star of yesterday, in reply
| to an inquiry from Port Tobacco:
"From Piney Point to Fort Washington there is
regularly established line of signals on the Mary
| land shore of the Potomac. A steamer cannot
move at night but she is teegraphed by signal
| lights at every three to five miles of the river,
| which signals answered the Virginia shor e.
There has not been vessel boat taken from the
Maryland shore where there has not been an abun-
dance of evidence that they have been employed in
| unlawful commerce.
ROCKETS LAST NIGHT.
Ihe TACT that signal rockets were sent up last
night along the upper lines of the enemy-from
opposite the Chaa Bridge, apparently quite up to
Leesourg-,S oelng construed by wonder mon
gers around US to indicate some movement of their
army in that direction. We have every reason tC
doubt the fact, however.
Last night, portion of our troops numbering
two or three hundred only, made Reconnaissance
in that direction. and the chances are ten to one
that the enemy's signal rockets were designed sim
ply to give notice of that movement on our mart
l his reconnaissance, by the by, was thorough anC
extensive, embracing considerable range Of terri
tory between the two armies. 1t developed NJ
change in the enemy's position force, of import
ance to the situation OF affairs.
AFFAIRS IN MONTGOMERY COUNTY, MARYLAND.
NEAR CABIN JoHN, Nd, Sept. What betwee
the constant alarms occasioned by reports of Cor
ederate attempts to ford the river, and the deprt
I dations of Federal soldiers, folks in this vicnit
fare very badly. If secessionists only suffered frol
: the piliering and destructiveness of a few har
characters among our troops it would be ba
eheugo, but that those who are good Uuion me
a sh0uio also suffer, is great deal worse.
K .,y neavy hrlng was heard here this morning, an
@ mere were were T%amors % of an engagement in progre
anything reliable. o
+ Inc carelessness in the use of firearms by ii
!, FEDERAL troops is most astonishing Since IL
: commencement of the war not less ,han three hui
y dred men have been killed or SEVERELY wounded b
the accidental discharge of firearms in the hands
e real or amateur soldiers. The apparent increduli
% that persons who are green In handling guns fet
1t rs 70 their destructive effects is amazing.