The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1861-05-29


Of their opponents anc tho true character of their own
cause
From the London Herald derby organ May Is
Now, British legion has already been formed at New
York; for oil we know prvateers may already have
sailed from Liverpool, British vessels have broken
blockade OF some southern port II any soldier Of the
legion should be hanged by President Davis any captain
OF prvateer that fate tho hands Of President
Lincoln any ship breaking blockade be conascated it
win be rather hard upon the sufferers that they should
not have been warned that they had placed them
selves by their act beyond the pale OF British protection
II may be said that they ought to have known before
hand hat what they doing was contrary TO the law
Of nations ana 70 snas o. Gres. sfan N a ~
lowed in the policy which has dictated this proclama
ton. Why, then, was that warning not given with
Tor the ~ mpa,hy which give 10 both, and distrb
ute TO neither party in this unhappy conflict we are not
likely 70 receive much thanks We wish the Two sec.
still possible is not TO be tolerated that any subject
Of tho Queen should add hts mite 70 the aggravaon Of
strife which Is already too much cmbittered, and in
which both sides seem already committed TO the worst.
We are surprised that men OF English blood should DO
rushing with such apparent eagerness lnto war wncn
features and kindred as themselves; men VINO VIII ask
for quarter in Saxon tongue DO the Americans
really know the whole meaning and import OF the WORDS
civil war? II lie not sport which they are entering
but business which every good and honest man would
cut of his right hand than enter upon
REPORTED PURCHASE OF ARMS FOR THE SOUTH IN
BIRMINGHAM.
London (May o) correspondence Of Independence
Belge.1
Birmingham derives temporary profit from the exist
OF the in America. am assured that agents
from the Southern states have purchased two hunored
thousand rifles there, mot TO speak OF cannons.
am also assure3loH the same agents are bearers OF
letters OF marque - 1.-THE South for merchant ma
rine. You may ROY 1t they will not succeed in this
last cnterrrisc.
BULLION TRADE WTwEEN ENGLAND AND AMERICA.
from the Lnncod Times (City Artcle), May To-.
Tho course Of exchange at Ner York 90 London for
bills at 90 sight for FIRST aass paper i04 TO 100
per cont, which, wnen compared with the mint par be-
Eogsn1 ond America shows that the exchange s
this country But the heavy loss Of interest In
CURED BY delay NJ the American mns materially redu
the apparent profit the transmission Of gold TO the
United states.
In the discount there general disposition TO
contract operations under the uncertainty az to the
courec which the bank may adopt 10 consequence Of tho
renewal q gold Withdrawals for America, aud the bulk
OF the business IL thus taken that establishment.
About 900 in bar gold IN ken the Bank to day
flan) while 100 900 soveregns withdrawn for Am
erica.
From the London Herald (City Artice), May 151
The gold withdrawn from the Bank vaults 70 day for
expot, America nearly GOO 00o ofu proportion
& direct orders from kgss convicted nh he South
while The remainder Is for New Yorg, discharge Of
bIa gh cac purchased and cent TO tbs slc As so Large
sum has been takon from London, y also feared MAI