The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1861-05-29
IMPORTANT FROM EUROPE
ARRIVAL OF THE STEAMER ETkA.
TEXT OF THE QUEENS PROCLAMATION
QUASI RECOGNITION OF THE SOUTHERN
CONFEDERACr.
EXTRACTS FROM THE ENGLISH PRESS.

EXTRACTS FROM THE ENGLISH PRESS
The steamship Elna arrived at New York OF
Monday afternoon, bringing the English mails t,
the 18th inst.
BY this arrival we have the full text Of th
Queens proclamation in reference to the var il
this country. The meagre and unsatisfactory
abstract Of this important document, which
reached us by telegraph, failed to give cleal
idea of its statements. We publish the procama
tion entire
The Etna brought 294 passengers ard 81, 500, ,OO(
in specie
The serew-frigate siersey, 40 guns, left Po is
| mouth on the 18th, for the North American and
| West India station
The London HernR saws that $3.50 600 have been
offered for the Great Eastern, BY broker supposed
| t" be acting for the United States or the French
Government, but it is further reported that the
Directors have declined the offer, requiring high-
| er price. Should the Great Eastern make the pas
| sage to New York in seven DAYS, as is expected
her present market value will be greatly enhanced
| Mr.. Wade, Chinese Secretary, and Mr.. Lnch,
| Private Secretary to Lord Egin, are gaZetted as
| Comp ani0us of the Bath
The independence Belgc states that France and
| England have agreed to propose to Austria and
| Turkey the following arrangement: Austria To
| cede Feneia to Italy, and to receive in addition
| to pecuniary indemnify of 200 COZ 900 terrific
| rial compensation including Basina the He ze-
govma and Turkish Croatia-th" Sultan also re-
ceiving an indemnify of 200, 600 coo from Iraly-
The Independence adds that the British Govern
ment appeared desirous to withdraw from the ar
| rangement.
The theory Of NJ Veuillot'8 pamphlet, entitled
Waterloo, Is that aterlno a victory gained by
the Protestant over the Catholic nations; that Louis
Napo'eon's expedition to Rome was the revenge of
| the Catholic natl ms; and that at the present
| moment the ProtestantS are meditating second
| ofi, Ilau
| the suppression Of the temporal power.
French commercial accounts report an ex.raor.
! dinarv diminuion in the exports from France to
the United States, and remittances in specie were
| exnecttd to be the consequence.
The Paris flour market was dull and prices were
nominal, owing to the more genial weather. Wheat
! was unchanged
| 1t was reported that NJ. Lesseps had returned
from Egypt to Paris, to raise further funds for the
prosecution of the Suez Canal. 1t was hinted that
fSOOOOO had been spent. with adequate results an
| expensive dyke on the Mediterranean side having
! been washed away.
1t had been clearly ascertaned that Count'Teeki
! died by his own hand and not by the hand Of an
| assassin. He shot himself while laboring under
! nervous excitement.
| On the evening" of the 18TH at Raab. HUNGARY
a crowd of people, partly armed. endravored 10
liberate four deSertrrs from the Hussar Regiment
who had been consigned to the military prison
Their design was, however, frustrated by the gar
rison. Three of the rioters were killed and fifteen
wounded The sentry of the military prison was
stabbed to death, and several soldiers were wouu-
ded.
On the 18th, in the Hungarian Chamber Of Dep
! uies, Mr. Deak exhorted the Assembly to act with
prudence and nj Jderation, AID rro2osed that the
wishes of the country should he submitted to the
Emperor in the form of an address This proposal
was received with applause by the maj ,rtv of the
Deputies.
Austria was Withdrawing her forces from hcr
Italian provinces, with vew it was supposed, to
nave them ready Tor any struggle that may arise in
A st. Petersburg letter SAYS that the distur-
Dances at kasam originated in imposter declar-
ing himstlta descendant of Peter L. and real heir
to the throne OF Russia He was shot
The affairs of Nicholson, St.na K Co. warehcuse-
men, are to be wound up in the Court of Bankrupt
/ cy.
T"enty-four houses disqualified for future
engagements by the death of the Duke of Bedford
me ah"Irs m OF Mr. George Ibomson, of the Crook
hay Iron Works, have been brought into the Bir-
mingham BankruntcY Court. Liabilities stated tn
be between EST, 900 and 5000
IsO noocmen aud gentetnen were presented at
the Prince CDnsorts ievee yesterday.
The guarantee for the international Exhibition
OF 1862 now exceeds 81 900 600.
THE QUEENS PR0CLAMtTIoY
Hhereds we are happily at peace with all the
sovereign Powers and States and ichereas b0stili-
ties have unhappiy commenced between The oov-
ernment of the United States ana certain States
styling themselves the Confederate States If Amer
lea; and 'chcrcos. being at peace with tb. GOV
ernment Of the United States. have declared onr
royal determination to maintain strict and luI-
partial neutrality between the said cuntendinr par
ties; we therefore have thought fit by and with the
advice of our Prvy Council, to issue our royal
proclamation, and we hereby warn III our loving
subjects and all persons whatever entitled to our
protection, that if of them shall presume in
contempt OF this proclamation and of our high dis
pleasure to do any acts in drrogatinn of their duty
as subjects "f neutral sovereign in said confess
or IN violation or cuntraventon of the law of ma
tl"nS, and more especialyby entering the military
he inu
mlSSIOGed or nnn-cOmmissi"ned officers sailors or
marines or by serving officers sailors or marines
on board OF any ship or vessel of transport
OF or IN the service OF either of the cnntendiag par
ties, or by engaging to or going to any place be-
yond the seas, with the intent enlist or engage in
any such service, or BY prucuI ing or atIemptino
Z" procure, within Her Maiesty's dumrions, at
home or abroad, Others to do so, or bv fitting out
armng or equpping any ship or vessel to be en-
plOyed as ship of war or prvateer or TRANSPORT
oy either o the contending parties, BY breaking
or ehdeaVoring to break any blockade been fully
and actually established by on be half of either Of
the said coneHding parties, by CARVING officers
soldiers, dispatches arms, military stores or ma
terials, or any article considered or deemed to be
contraoand OF war according to law or the modern
usage OF nations for the of either of the said
contendng parties; all parties uff-ndinp will in
cur and be liable To the several penalties or penal
consequences BY the said statute or by the law ofI
nations in that behalf imposed
And we do hereby declare that all our suhiactS
and persons entitled 10 our protection who NAV
misconduct themselves in the premises will do sn
at their peril and of their own wropg and tbev
VIII IN n" wise obtain any pro- 'ecti0n from US
against any liabilities penal consequences but
will, on the contrary, incur our displeasnra bv
such misconduct. -
Given at Richmond Park, May 18th, 1861.
AN ARTICLE FROM LONDON Tlygs
The London Times of the l4th instant cIoses q
long al tice on American affairs with the foIIov
ing view OF the prospects of the campaign
Where events are Influenced by ever-changing
circumstances, acting on wavering politicians and |
imretu"us mo6S, it is more than ever dficult to |
calculate future, and it remains to be seen whether
the Government will carry on the war against |
Virginia as against the COntederates or whether |
Mr.. Lincoln, having redeemed some of his nIednas |
and secured the Capital, will be inclined to mode |
rate counselS. tie, no doubt, has the chance of |
winning victories, and of acquiring character far
energy aud tirmness. He nav not content with |
assuring tn possession of the two little NortLerp
slave States, inliict grievous injuries on the Con
federates BY bockading their ports interruptjng |
cultivation, and even tampering with their slave
population.
But, on the other hand, it is more and more evil
dent that a war for the subjugaton of the South
Is an enterprise of which the WASHINGTON noIi
tlclans have not as yet conceived the magnitude
In tins case superiority Of strength the one side
would be balanced by desperation on the other
The Young LAWYERS and clerks and farmers who
have hurried to W ashington must be drilled and
dlScipilned Tor long war in sparsely Inhabited
unhealthy, loodiess countTy where thev viii be en-
and -
at all times, and reused to fury bv the invasion Of
their soil. The occupation of what is geograpbi
caliy the larger half Of tn" late Union i'll have to
be accomplished by militia stationed amopo
people who will look upon them as they look upop
lndian sayages. The only alternative is to enforce
blockade and to let the rebellion 'sting itself tn
death" Whether this policy is lik-ly to be sue
cessiul those who know the Americans can best
judge.
A NEW COMPLICATION COMING.
The probability Of complication engages
the attention of the London Times 1t saws:
The extradition case which excited so much
sympathy in tnis country few months ago derives
fresh Importance from the progress of recent events
in America Should the secessionists succeed in
gaining for their new Confederation place amorp
sovereign States, the Ashburton treaty will yir,
tually lose its applicability such crimes as that
OF which Anderson accused That treaty nro- |
Vdes Tor the surrender of persons charged with
certain specified Crimes upon the requistion of the
United States or of any of the Constituent
States OF the American Union. The benefit of il |
therefore cannot be Invoked by any States which |
shall have obtained from us recognition of their
Independence; and for the present no appeal is
likely to be made to it in similar case by Mr.
LlncOln's government, any of the Northern |
States.
the provisions of the Fugitive Slave
law "have never been very faithfully carried ont
even in time of peace, by the Northern States
What sort of magnanmitv NAV be expected of
them in time OF civil it is not for us to saw
Hitherto there Is no sign of servile insurrection
and the African have shown too little capaci-
ty OF combination even in their native country to
make any general rising very probable.
THE BLOCKADE AND COTTON SUPPLY.
The Liverpool Uercary says:
The position of the British people W no will be
he greatest sufferers by the terrible convulsion