The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1861-11-19
Our Paris Correspondence.


Our Paris Correspondence
PARIS, Nov. /, 1861.
Improved Feeling amongst European Capitalists To,dstAs
Federal Govsrnme,t-lsduence u ,ehita II Is DeTha
Impressions Produced BY The Bull Run and Lexington
Rererses Dying Out-Mr Beimoats L<bors in the Cause
Of the Union, &C., dc.
Notwithstanding the partisan course Of many OF tho
English and French journals aud the Industrious msrcpre
sensations of the rebel agents. there fact that bag
tended more than any other TO steady tho faith Of the
waverng friends Of republican institutions on this
sde and that Is tho readiness with which Mr. Chase's
popular loan has been taken up by tho nation. II -
rightly argued that tho confidence thus manifested tho
ability Of the federal government to compel the
Of the rebeoas States TO their allegiance also
evidence Of tho determination Of tho Northern people
stop short Of no sacrifices necessary effect
tion orthe Union.
- inssc,1 circles especially, Notwithstanding all
the waddlc that has been published by tho London
Times on the subject Of resources tho measures or
Mr. Chase have created impression favorable to
the Union cause.
This feeling has doubt been very much aided by the
efforts Of some Of people here foremost among
whom must class Mr. Belmont. Owing to his connection
with the kothschilds, we'll high financial po-
slon at the other side his opinions are naturally sought
for with avidy and listened to with the greatest defer
rally been very much augmented by rumor which has
recently obtained circulation here that he about b
taken into partnership by the Paris house the Roths
childs, on the retirement Of Baron Jamesan now
decided upon Bat II is in more than the nero
gossip OF Change or the cdu'0ries du salon tia,
Mr.. Belmont has rendered valuable services To
the federal cause. Without having any diplomatic
other mission, and called hero purely by his family
affairs, he has undoubtedly been enabled to effect
for 1t than many of those who we're thus accredited
Mrs Belmont is, as you doubt aware, in a very
critical state Of health Last spring shc left for
Germany, accompanied by her mother, Mrs. Commo-
dore Perry, under the advice Of her physicians. Whilst
at the baths OF Lcweisbad she became dangerously Ill
that her friends trembled for her life and Mr. Belmont
sent for. She has rallied sufficiently 10 DO able to
reach Paris, and though voyage the Atanc 10
prohibited, her physicians say that she out OF
danger and, with and attention. will recover or
course, under these circumstances, it Is impossible for
her husband to think Of returning New York at pro-
scnt-a fortunate delay for financial prospects Mt
this side.
Though Mr. Belmont by marriage with John
Sdeii, of Louisiana, that crafty traitor being the
brother of his wiies mother. Mrs. Perry, he was q
friend Of Senator Douglas, whom Slidcll helped
crush out and has been steady supporter Of the adm
nstration since tho Of the war On
necessary attentions to his sick wife was TO comment
with, and prepare the leading bankers Of London,
Paris and Amsterdam for the reception Of that portion
Of the federal loan which it contemplated put into
the European market His explanations and assurances
had had tho happest effect and there little doubt OF
tho government being able 70 find wha, money required
at this side when the Of the battle Of Bull and
of the fall Of Lexngon dampcd the feeling confidence
that lie Ind succeeded in inspiring. Since then
Mr.. Belmont has not ceased 10 labor assiduously
to tho dscouragng influence Of thoso events.
From facts that have recently TRANSFERRED have
to believe that he has been emincDtiy successful and
only get the Of great federal VIC
tories II win altogether change the complexion Of things
here, and mpart to European capitalists sufficient faith
in he future to induce them 20 take hold Of govern
securities Let the great expedition for
smpo capture cotton port and there will longer be
Any difficulty OF placing much Of the loan here may