The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1861-05-23

Norsn VII remain stained only By The association Of
We ind the following the money sri.eIe or the Lon
don Chaiele Of the 18th Of Msy:we learn that eight
uiness per cent have been paid todsy for rick
Liverpool ON British ship from Liverpool to New Or.
leans ADD back three per cent extra asked for war
risk but not paid As general rule all Auerca an rates
ere higher In consequence Of the comp atoms as the
rink supposed to be increased by the absence Of
lgnss, chance " prvs.ees, &C. On long voyages the
per cent upwards According to she position OF the ship
The london Re,f has TIE folowing-ro themselves,
at least The South seems to be ngtsg in vndcaor Of
great principle with which the people OF Engand an
sympathize IN spite Of their hatred OF savery-s prn
cple which hes at the root OF the whole difcay and
which is no other than the sacred right a. seIs.
government. As sovereign States, each with It's own
legislature and government, and mers counties in
right ~ withdraw from voluntary confederacy-a rsrt-
nershp from which .Aey longer derive any sdvantase
which they hold TO be Is sacred as that right Of revolt
against British injustice which freed the colonies from
the dominica Of the mother country On what principle
tney ASK can the North combat the proposition, unless
be that on which George III and his advisers conbaed
Washington And does the North imagine that IL can
successfully combat the South that issue2 And not
en- that issue, will IL fght in vindication still
grander principle the emancipation Of the slaves Hth
erto the North has been aboionis II has not hated
slavery, but has simply desired its extension aud
be not prepared do not think 1t is 70 hoist the
nag Of universal emancipation, and to inaugura,e holy
war Tor the freedom OF the black population and the
sequent ruin OF the greatest and productive cotton
fields in the world il stands false and untenable po
sitlon.
The London Times, Of the same day, observes:-The
private letters received in Liverpool from New York
contradictory in respect TO the position OF foreign
IN American ports. Ii B stated that at New orleans
ses would not be nterered with and that etters Of
marque would be issued by President Davis before the
meeting Of the southern Congress. On the other hand
the Bremen ship Admiral loading for Liverpool at BATH
more, had been seized No explanation is given OF the
reason for that step
The price Of spirits OF turpenne advanced to an
extraordinary price in England in consequence OF the
position Of North Carolina towards the government IN
Washington and the Southern confederacy That State
furnishes the greater portion OF this article consumed in
Europe.
The Manchester Examiner OF the lIh Of May has the
following The question "Where is the cotton TO come
from to keep The mills at work. is seriously
gsgng the attention OF the manu- operatives
OF North Lancashire; and petition to Parliament liz
now lying at the mills and manufactures in Preston and
other towns for signature only by the employers and the
male portion their hands Meetings are also to be
called 10 Their the object of the petition which says
Your petitioners greatly alarmed at the prospect Of
serious dminuton Ia the future supply OF cotton ia
this country In conse queDce OF the civil raging
between the Northern AMI Southern States Of America
That your petitioners therefore believe be the duty
Of your honorable House. in this great emergency, at
once to adopt the most promp and effective for
rendering India capable OF furnishing ample supply OF
improved cotton, your petitioners believing that India
this country lot only for the supply Of
tom but also rs atordpg market for the products OF
their industry Your petitioners therefore pray your
honorable House to adopt ouch will contri
butte to the deveopemen OF the agricuturalsnd
cal resources OF India, TO enable tna to
compete on equal terms with the United states OF Ame.
Ica, especially in the production Of cotton.