The Burlington weekly hawk-eye. [volume] (Burlington [Iowa]) 1860-1876, 1861-10-12

Rro6o6ae 80ees oGahe WaP - New Hosk
City.
(Rrom ~ New Yssk Herald, Sa-moasy srsicas.
The prospect Of renewal of specie importa-
lions from Europe IL engaging attention. We
have already received S40. 00O, 600 in gold this
year from Europe, in part payment ofthe bread
stuffs which We have supplied to that continent
II seems that the wants Of the Europeans are
compelling them to purchase more heavily than
ever, and hence exchange il RAPIDLY f.llinr 10 4
point which will again leave handsome profit
on imports Of gold. The gradual effect Of the
war on the trade between this country and Eu-
rope 10 we'll described in recent financial circu-
lar issued BY . New York banking houae. Our
importatons will show decline this year Of $3.50.
OO0,OOO-the articles ceasiug to be imported
consisting mainly Of manufactured cottons, wool.
lens, silks, linens, hardware. jewelry and objects
OF art and luxury, the products Of British and
French industry. The war thus costa England
and France a market for $3.50, O00, 900 worth per
annum Of the products Of their industry, and
saves US an unnecessary expenditure Of like
sum- On the other hand, our exports-omitting
cotton from view for the present-will show .
very large increase over former years, they being
articles OF absolute necessity, with which Europe
cannot dispense The United States are, in fact
80 independent and self sufficing country that
they can at moments notice reduce their con.
sumption of foreign good one half without incon-
venionce; whereas Europe cannot reduce her i'm.
portstions from this country without inficting
direct injury on her people. II this war lasts
two Or three years it will make New York the
centre Of the commercial world and London
mere outpost. As long as the war lasts our tariff
and the temper OF our people will prevent the
consumption Of foreign goods; and thus by the
war ends, our manufacturers will not only be as
well prepared to supply our home market as Brit
ism manufacturers are to supply theirs, but they
WIZ DC ready to compete successfully with Great
Britain in the South American and. Asiatic mar
kets. Thus We shall henceforth import nothing
from abroad except articles which cannot be
produced here, such as tea, coffee, sugar, wines,
&c; while Europe will still be compelled t, pur-
chase, here,as the cheapest marketenough corn,
wheat, provisions, cotton and tobacco to leave a
handsome annual balapce in our favor. This
balance will have to be paid in gold. It may
happen once or twice in generation that gen.
eral crop failure here, occcrring simultaneously
with bonnteous crop in Europe, may reverse
the ordinary course of trade, and compel us to
pay for our tea, coffee sugar and hides with gold
But the general rule will be that England, after
paying for all her tea, sugar, coffee, hides, &C.,
which we consume by bills on New York, will still
have to send US annually some forty to fifty mil.
lions in specie to pay for the food, and the cot
ton and the tobacco, which she cannot help tax
ing from US. The change has begun already; the
signs of the future may be discerned by all who
study the history Of the past.
O
A DARING DEED.-An incident has come to
our knowledge connected with the warfare in
Western Virginia that is well worth relating
Shortly after the battle at Carnifex Ferry, and
about the time of the death of Col John A.
Washington, the enemy became very bold and
ipco nj oolr a.
talked our scouting parties, even when in large
force, hut did not hesitate to appear before our
intrenchments and menace our entire army. at
that time communication was cut off between
our camp at Elkwater and that at Cheat Noun |
tain Summit, the rebels holding possession of
the road. 1t was necessary that communication !
should be re-established between Gen. Reynolds |
ut the former place and Col kimball at the |
latter Several attempts had been made, but |
the messengers had been killed in every case.
Four had already set out, and had been picked |
oil. The whole camp at Elkwater was in dan !
ger, and it was necessary to get word to the |
Summit at once, and another young man volun-
teered, but he, too was dever heard from after
he left camp. The commanding officer then
stated to his men their danger, and called upon
some one to again volunteer to perform the risk.
Not man responded in all the camp until at
last one was found in Captain LOOMS Michigan
Battery young man named Henry h. Nor
rington, of Detroit, and well known in tn. city,
offered to peril his life to save the others. He
started out and succeeded in euding the enemy,
crawling miles upon his hands and knees, will,
his messages rolled up and in his mouth, ready
to swallow in II moment if he was taken, and
finally reached the friendly camp. He also had
to return, and, after receiving his dispatches
set out in the night, the whole camp shaking
hands with him, never expecting to see him
again. He Travelled all night, guided by the
north star, and the next day crawled as before
on his hand and knees. He finally struck the
main road few miles below Elkwater. Seeing
one Of the enemy's cavalry horses tied to stake
by the roadside, and the owner not visible, he
crept up, cut the rope with his knife, and rsde
off in hot haste with several shots whzzing
around him. He arrived safely in camp and de-
lvered his dispatches being the only survivor of
the six that had attempted the perilous task.
As reward for his bravery and daring, he
was promoted in the company to be chief Of
piece, and was placed upon the commanding |
Generals Staff as Mounted Orderly. He was
sword, and by the General with an elegant re-
volver He was greeted upon parade with nine
cheers by the entire command, and his pay more
than doubled. Besides this, favorable mention
was made of his feat, and the great service he |
had performed, in the official report forwarded
to the Department at Washing on.--Detroit Free
Press Oct 2.
ANOTHER ROMAN CATHOLIC VolCE.-The Ro
man Catholic Bishop of Iowa has addressed the
following patriotic letter to the Adutant Gene
raj Of that State:
Dubuque, Sept. II.
Hon. Sir and Dear Friend: have the honor
to acknowledge the receipt of your esteemed |
favor Of the 10th instant and agree with you in |
saying that the cause of the Union is the canse
of law, of order, and Of justice. You are aware
that l ever avoid all matters OF a political ma
ture as foreign to my sacred duties; yet in this |
present hour of trial, when the honor and the |
happiness of our nation are at stake; when some |
prejudiced mind may construe my silence into
disrespect for you, whose friendship highly |
prize, or into criminal opposition to our ma
tional government-the government OF the Uni |
ted States, the only one to which owe fealty-
it may not be departing too far from my usual
course to say tina. my feelings ana sentiments
are for the Union, and though peace is now the
darling object Of my ambition, yet would not
consent to purchase peace at the sacrifice of
principle.
With the deepest respect, yours most sim
cerely,
CLEMENT SMYTH, Bishop Of Dubuque.
To ~ B. Baker, Esq, Adjutant General, ETC.,
Clinton, Iowa.