Muscatine weekly journal. [volume] (Muscatine, Iowa) 185?-1890, 1862-05-30
Foreign News.

CAPE RACE, May 26.
The steamer Kangaroo, from Liverpool,
May IA, ola Queenstown, 18th, passed Cape
Race Saturday night.
The Canada arrived out on the 18th and
the New York and Bohemian on the l4th.
The capture of New Orleans was regarded
with some doubts, but generally credited, and
treated as decided triumph for the North,
though many contended tina. it will not ma.
terially affect the issue.
Breadstuffs closed dull Flour closed edo
Is lower. Wheat Sd lower. Corn Cd lower.
Provisions fiat.
Consols for money 934.
GREAT BRITAN.-The news of the capture
of New Orleans was received by tn e Canada,
and was the occasion of much surprise, and
considerable disbelief, but coming from
Southern sources it was generally argued that
there was no room for doubt 1t produced
no influence in the cotton market.
The Times says it is hard blow for the
South and great triumph for the North
another proof that the North can do more
harm to the Confederate tnan the Confeder-
stes can do to them, The Times asks how it
will affect England? 1t says the American
ministers at London and Paris are told to as
sure the governments that plans are beng
matured for a mitigation of the blockade, and
this promise has been made from time to time
in Paris, some weeks past. as we can well I'M
derstand, with the most sincere desire on the
part Of the Federal Government to fulfil it.
If the Federals possess New Orleans, there is,
Of course, an end to the blockade of that city.
There is only one thing wanting-that cotton
should come down. If the Southern planters
trust it to the Federals, sufficient will doubt
less be used to relieve the manufacturers, but
if they remove or destroy their stocks, or re-
fuse to bring them down, 1t is hard to say
what was gained by the capture of New Or
leans. The capture is creditable to the skill
of the North, and is also an item in the re-
venge of the Federals, but if the city is now to
be blockaded on the land side by the Confed-
crates, the gain will not be much by this nit
igation of the blockade In another article
the Times says it is vain to deny the import
ance of the event, but if the Southerners mean
what they say in their loud talking, which
the Times rather questions, they can never be,
conquered.
The Herald declines to believe the fall Of
New Orleans. but admits, that il true, it.
would be signal triumph for the North.
The Morna@g Post also doubts it, and
s-AAA>', - toHni idoO, y Wiu uOC SCIiouSiy 0i'
feet the fortunes Of either party, although a.
serious los to the South. 1t says the utter
hopelessness Of the struggle is more apparent
at each successive stage
The Daily NeOs says there is no good rea.
son for doubling the capture, and regards it
of great Importance. 1t highly eulogises the
consumate skill displayed by The North in
this matter.
The news from New York, just before the
Kangaroo left Liverpool, of course dispelled
all doubts. The impression prevailed in;
Manchester that the event would bring for
ward some cotton.
1t was reported that Count Persigney was
suddenly ordered from Paris to London-it
was supposed on the mission relative to the
steamer Economist, with 800 bales of cotton
and 400 bbls of rosin, which arrived at Liv-
erpool from Charleston.
Speculations continued relative to Mercier's
visit to Richmond, but nothing reliable
The Opinione Generate asserts that it
merely had reference to French tobacco. It
was reported there was military conspiracy
in st. Petersburg in favor of Poland.