The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1861-07-08
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FU.xEjIIN ITEMS

FUttEiGN ITEMS.
1HE BRITISH CABINEr.-There can be LITTLE dnnht
that Lord Pamerston's Government ia goine ran
IDLY to the dogs, and that the Conservative party
are rapidly rising in numbers and importance-as
lar as the House of Commons is concerned How
lar the general feeling of the country is in the same
direction time will show; but as regards the exjs
ting House, the Government is doomed unless it
dlssolves in the spring. The Church-rate question
saw some ot the Ministers voting one way some
another Mr.. Gladstone for instance voted this
year, as he did last year, against the Bill; the new
Secretary to the Treasury, Mr.. +. Peel voted with
Mr.. Gladstone; but with the exception of the
Chancellor of the Exchequer, the leading Cabinet
Ministers supported Sir John Trelawny.
The result was undoubtedly regarded as Mipiste-
rial defeat, and was received by very full house
An eyewitness thus describes the scene:-"Tbe
effect OF the excitement was enhanced by the con-
trast between the hurly burly which ACCOMPANIED
the tellers aud the breathless silence in which the
Speakers address to the House was listened to.
and when he wound up by declaring that his voice
was with 'the noes, the pent-up feelings of the
Opposition broke down all barriers and thew pour
ed out of the House almost wild with their triumph
which had come opp1rtunely to bear out the
assurance given them by Lord Derby, in St. James
square, on Monday, that they had only to will the
overthrow of the Government and succeed"
| The CoRK TRADE IN FRANcE.-There are at pre-
sent in Bordeaux 25 cork factories, employing IS
wofkmen, using annually 3 1886 846 lbs. of cork
| bark, and producing about l0, 600 600 corks 80
| ooo,ooO ready-made corks are obtained from the
!
| The cork trade Of Bordeaux therefore NAV he es-
timated at 100 ,O0C OU0 corks annually worth about
| tl5G,333 The cutters are paid from 81 to AID
! per thousand, and the turner's from Is. ID to
Is SGD per thousand; that is about Is. Cd day.
? The Siamese Ambassadors who have lately ar
rlted IN Paris are charged to deliver to the En-
! peror NAPOLEON letter from the First King com.
monty called the Great King, written on a shee
| OF gold, required by Siamese etiquette when a
Communication of this nature is addressed to SOW
GraI,T nt
them presents of great value for their Majesties tn
most curious of which the insignia and royaI
garments of Siam in the three positions attributed
to royalty; on the throne, on the palanquin, and
| on horseback; likewise royal crown set with
precious stones, collar in rubies and royal cir.
die made of gold set with diamonds
Private dispatches from Constantiuopls state tha
| Sir Henry Buwer is dangerously ill.
In military circles it is said that the French arti.
lery is about to undergo a complete modification
| The cannon rGyes will for the future be made OF
steel. instead of iron, on account of the greater
| lightneSs of the former.
The Gtoire made the passage from TouIon to
Algiers in sixtysix hours being six hnurs less than
| the fastest French steamers have hitherto made
the passage in, and without using her full propel-
| ling power.
Capt Russell, who was appointed by the French
Government to report upon the performance of the
Great Eastern, on her passage to and from New
| lnrk, has had an audience of the Emperor. Capt
Russell is stated co have expressed the opinion that
! a reunion between the Northern and Southern
States is impossible, and that the esabiishm of
two republics is inevitable. The armamants of the
| North, he says, are by no means formidable as
| represented. He apprehends the same state of
things IN the South and does not look serious
warfare as imminent for some time to come
! From the London Shipping Gdzsttsl
| DEMAND FOR THE OPENING OF THE COTTON PORTS
As the American civil progresses, and the
prospect OF a determined, and, it may be- pro-
tracted struggle becomes more distinct, the ques-
tion OF the future supply OF cotton begins to be
discussed in this country with amount of eager
ness proportloned to the interests involved and
the serious consequences which may ensue should
| the source from which we have hitherto derived
the greater portion of the raw material be closed
against us.
The blockade of the Southern ports, and the
prohibition by the Southern Congress of the export
| OF cotton except through the ports of tue Confed
crate States, must, ii carried out rigidly, effect
ually prevent the exit OF cotton from any port of
| the Union. The pressure put upon the Southern
States by means of the blockade, and the high
prices at which provisions already range in New
Orleans, Mobile and elsewhere, have inpeled the
Sputherners to provide against future cOntingen
cies, and with the view of carrying on the war in
| dependeutly of all external aid, to grow large
quantities of grain. The consequence is, tha,
| breadths of land which last season cotton was
grown, this year devoted to the cultivation OF
| wheat and aize. 1t is time that something should
be done by this country, in con junction with
| France towards anticipating the great mischie
which can hardly IAN TO enSue II the export OF cot
ton from the Southern States is much longer in
| terdicted.
Ia urging, therefore, the expediencv of join
representation on this subject by the Governments
OF France and England to the Cabinet of Washing
ton, we think we have shown that such course is
Justihed by the interests of commerce generally
anu mat it specially concerns those States whose
es.,hies a1 @ are still contded to the Federal Govern
n es' i ne relaxation of the blockade of one oil
nntnui y; lne southern ports, to afford an OPP
SEAMS ~ & LOT the reopenieg of the cotton trade
| Conat W. 70 w oe an international duty, which nt
,heh nen. Oh civilized State should incur the
responsibility OF refusing To persis. in The presen
rigorous blockade of the Southern norts in the fac,
OF the act OF prohibition recently nassed by thu
| Southern Convention is to DESTROY tba wooIib;ss
branch OF the over sea trade of Americ.
The Federal Government will snraiu r,,,, -,
fore it persists in inlicting this great ana ia,;n
injury on American Industry and MariIimo a. Gu,
merce Mr.. Lincoln's Government need not In -,
told that licenses to trade with the enemv-or a.
Wheaton calls them, "lawful relaxations of the or
binary state of war"-have been granted befor
now and with far less reason that can be urged fo
the extension of such a privilege to certain port
of the Southern Confederation. The consideration
which urge the adoption of such course are thos
Of political and commercial expediency, involving
interests of trade and of national prosperity create
than were ever concentrated even In: ajleadinI
branch Of commerce.