The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1861-06-12
EUROPE
LDDITIONAL NEWS BY THE FULTON.

The steamship Fulton, from Southampton the
10th May, arrived at this port about half-past two
: O'Clock Monday morning with three days later
from Europe.
despatch from Rome, of May 6, saws: Rumors
are current that the Italian government has pro-
posed to guarantee the present extent OF the poni
neal territory on condition of the evacuation of
t Rome by the French.
e despatch from Cadiz says: A greatmovement
y 10 Iahhg place among vessels ati0Ded at gesiras
IL Is believed that there is probability of the
i"sI sht VI 'ne Emperor OF Morocco, with whom Soman
Aobas disputes the throne
The English Board of Trade returns for the
month OF April were issued and show the total de-
cIared value OF exports for the month last mast is
5i09oo, 10, whist Tor the corresponding month of
: 1889 aud 1860 they were respectively eli 33O 73O
and I'll, ,352 44O. As regards the shipping trads
we find that in the month of April there were 26S
vessels employed in the ioreigr trade with a ton
mage of 795,462, entered inwards: whilst in the cor
responding month of 1860 the number was 1881,
with tonnage of $50 $50. There cleared outwards
during the same periods respectively A .9l3 ships
l,l56,Ol7 tonnage, whilst in the corresponding
month of 1860 there 3, 734 ships 93S, ,8l5 ton
mage.
The Liverpool Post of the 9th of May says
About six o'clock on Saturday afternoon the Gal
way steamship Columbia, which was undergoing
some repairs (caused by her encounteriDg icebergs
on her last voyage) in Messrs. Glover Royles
CRAVING dock at Woodside, suddenly fell over on
the port side against the side OF the dock. The
crash of the fall heard for a considerable dis
tancc, and it is said that the Columbia sustained
the accident.
The Bedoun, from New York for Galway, has
been abandoned at sea-
The City of Baltimore arrived at Queenstown on
Tuesday evening, May 2S
AMERICAN AFFAIRS IN ENGLAND.
In the IngIlSh House OF Commons the 2Sth
ult, debate British relations with America
TOOK place, being opened by a cOmmu mics ion from
Lord John Russell concerning the blockade Lord
John stated that Lord LYONS had properly said to
Admiral Milne that the blockade, if sufficient must
be ptpd nupn ,ba.s ,,ly, ,,;,b,
warmth on the treatment which British subjects
received in the Southern States and commented
with great severity on the pratical offer OF $50 per
head offered by the rebels for every person killed
on board an American vessel
In the course of the debate Mr.. Gregory said:
| really must warn the House not to be led away
by stories and by letters which one gentleman has
received from another gentleman, on whom he
places the most implicit reliance, but who verv
| probably knows nothing more of the matter than
| the gentleman who reads the communication with
such perfect faith in the accuracy of its contents
As to the nonsenscal trash of twenty dollars being
offered by the Confederate States for every man
put to death on board American ship the House
knows perfectly well that neither letters, newspa
pers. nor accredited information of any kind can at
present be received from the South bat is stopped
on the borders. Anything which does see the light
is cut into slips and published in the New York pa
pers. Very few communications of the kind have
reached this country, and they are princpaF1v the
State documents which have been put forward by
the South. | cannot better evidence the spirit by
which they are animated than by referring to the
late address of President Davis and | will ask the
| House whether it breathes a single one of those
bloodthirsty, wicked, terrible opinions (hear,
hear which my honorable friend is anxious 10 i'm
press on the House being the doctrine of the
Southern States. beg to take this opportunity of
saying that shall certainly bring forward nv mo-
ton the sub jet of the recognition of the South
ern C0ntederacy on the 7th of June, when trust
the matter will be fairly discussed and in the mean
time that shall not throw imputations on one
party or the other. CLEAR, hear.)
EFFECT WAR TRADE OF FRANCE.
Paris (Ndy 27l Correspondence Of tie London 7ineS1
The political disputes in the United States have
produced partial stagnation in French enterprise.
| Accounts from Lyons state that the silk trade,
| which dull for time in that citv is be-
coming under the influence of the untavora-
BILE news received from the United States Manu-
faclurers at Lyons alarmed for the present and
for the approaching season, but they have resign
ed themselves to long suspension, at least to
serious reduction in the traffic between France and
| America. What is still worse, the silks exported
from LYONS to the United States last winter and
spring unsaeabe, and fears entertained
that the merchandise delivered will not be paid for.
1t appears, by letter received bv LYONS manu-
facturer from New York that during the week
ending the 18th of April, the importation of silk
goods into that city was less by 700 000f, As per
cent, than during the corresponding week of the
five preceding years Sales the counter in
| New York were nal, and merchandise sold by auc-
tion was sacrificed in manner disastrous to the
owner. Many commission agents New York
had re-exported to France the goods consigned to
them, rather than dispose OF them at the current
prices.
BE BULL1ED
The most extraordinary item of intelligence
which reaches us by the last mail, is the
o9 mem p9wers that it will cease tohold course
with any foreign power which recognizes any
mlssI0ners from the rebel States. II the federal
government has adopted this course. it has acted
most unwisely The question of recognition of
Stale enjoying de focto independence rests upon
considerations which are too well understood and
appreciated to be affected by any threat of this dis
cription.
The federal government has, at the present time,
| too much upon its hands to indulge in vain and
idle threats Let it by its power reduce the rebel
lious states to obedience, before it attempts to die
tate course of policy to foreign powers-those
powers who hitherto have honestly and studiousIy
absained from intervening in the contest London
| Post.
FRANCE.
The continued dry weather has had an unfavora-
BILE effect the Paris -four market
Wheat has risen so Cts. a sack of l20 kiIns
The Paris correspondent of the London Post
says: During the last few days the Freemasons of
France have been in a great state OF excitement,
growing out of the election of Prince Napoleon as
Grand Master in the place of Prince Murat.
OPINIONS OF THE FRENCH PRESS ON THE CRISIS IN
AMERICA.
From an expression OF sympathy with the anti
slavery movement at the North in times gone by,
and leaven of ancient prejudice against the
South on account of the ''peculiar institution, the
French press has advanced gradually to a
practical examination of the American question,
with the causes and consequences of the civil war
which has Just begun. We have the authority of
the Opini0ne Ndi0nole for saving that the greater
part of the French press, including the Monitenr,
the government organ, have rather sneered at the
government of the Northern section of the United
States, and incline towards the Sou hern Confeder-
acv. The cause assigned for this feeling BY the
Opm'one is that the Southern Contederacy has sue
ceeded in "gulling" the European governments
with the commercial Inducements it holds out to
them. Be this it may, the tone of the French
press is very much like that of the leading English
!urnals whose leaning is unmistakeably hostile to
Mr.. Lincon's war policy. We have already
spoken of the Moni'c"r, on the authority of of
the hitterest and uucompromisiug enemies of the
South in France. X
The journal of Havre, paper of some influence
among business men, does not believe the recon-
struction of the Union possible, and quotes NJ.
Gaillardet's article in La Presse of late date,
where he speaks of Mr.. Stewards declaration to
preserve "the same republic, the same constitu-
tional Union" as a declaration to continue the
same of conflict The Journal concludes
that the reconstruction of the Union is neither
possible EOr desirable.
The Courier dW Hare laughs at whatit calls the
"unusual and even completely absurd pretension''
of the United States government, when it declares
that it will hold Intercourse with any govern
ment which may recognize the Independence OF the
Sou hern COnfederacy. The Courier says
We are going to discuss the grievances
comp aimed of by the South; believe them un-
founded; but we look to the principle, and we say
that from the moment that several sovereign States
of the confederation believed themselves aggrieved
by the federal contract, they had ri rht t. demand
the revision or the annung of the contract, &c.
The pretensons of the North nothing less than
he invoking the principle of Divine right; but
Divine right is too sick in Europe for us to consent
recognize it in good health the other side of
the Atlantic.
We refrain from noticing the Pays, the course
OF which is notoriouSy for the South, and therefore
a remark is unnecessary. Some of the articles in the
papers alluded to are very well and torcibly writ
ten, and would repay the trouble of reading We
| have endeavOred to give simply idea o. the tone
which pervades them on the great question which
now agitates us; and though our notice OF each has
been necessarily brief have given faithful out
line of the sentiments they express.
THE FRENCH SQUADRON FOR NEW YORK.
| Our French files by the Fulton state that the
| French North American vessels-FoudTe, Lavosler
and Descartes-a already sailed, are bound for New
York and Char lesion
| RUSSIA.
1t was generally believed in Paris that the inter-
nal condition of Russia, owing to the emancipation
of the seris is somewhat alarming, but government
does all it can to keep back intelligence OF this ma
ture.
TURKEY.
A despatch from Constantinople says that the
people of Herzegovina are demanding a separate
administration of their own.
SYRIA.
The Paris correspondent of the London Post saws:
The French ships charged to bring back the
troops have arrived before Beyrout The Beyrout
Commissioners are pursuing their abors at Con-
stentneple. The question of one chief is determi-
ned in the affirmative. 1t remains to be seen
whether he will be native foreigner France
is in favor of the choice of a native chief.
SPAIN