Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1862-01-31

The steamship Arabia, from Liverpool Janu-
arv 4fh. and which was detained SO HsuieX 10
laad English troops, arrived So TINS port ABOUT
two O'Clock this morning. The following eA-
tracts from our files, being upon the relations OF
Enqland and the United States, viii be received
with lively interest.
Our dispatches via Cape Race, alluded to q
report that the Urivateer Sumter had turned
m IN the English Channel We find IN the
Manchester Guardian, Of the 4th, the following
additional PARTICULAR
On Friday night week, a suspicious looking
craft was said 30 have been seen lodging about
in the Straits of Dover, aud umo was busy ia
propagaing the story tbaE the stranger was no
other than the notorious SaT. Jackson. The
mystery is now TO some extent cleared up. The
ship was seen by tie c~oastgaard at Bamsgate
on the night referred TO, ana there is every rea-
son to suppose that she was the ubiquitous
Confederate p~Tivateer Sumter, which has given
the Federal navy so much trouble. 1t is stated
that when last seen by the northern cruisers the
Sumter was proceeding IN the direction Of Eu-
rope. This VIII be agreeable news for American
merchant ships, especially as iti is possible that
the SUMTER that vessel is really so near our
sbores-msy be Joined in a maraudlng expedi-
ton by the Nashville, wiieh, according TO gem
eral rumor, is likely to leave Southampton In a
much more efficient state than when she entered
that port.
The news Of the Mason and SiiieH affair had
not yet reached England, and the editorials OF
the journals were occupied with speculai0ns as
TO the probable course Of the American govern
ment. The desire for a maintenance OF peace
was frequently expressed The London Itits
admits that if Mason and Sideil be given up
there viii be no excuse for England 10 make
war on the United States.
The Secessionists are at work in Germany,
and are trying their hands at forgery. A
Frankfort letter states that Mr.. Murphy, the
American consul IN that city, recently received
a letter, apparently from the two b-urgOmasters,
informing hin that his passport was ready, as
the Germanic Confederation had recognized the
confederation Of the Southern States. Mr.. Mur-
ply, suspectiag some trick, sent the document
to the baTg0masters. who at once declared that
their signatures had been rather clevorly imita-
ted.
A feet Of war vessels is 10 BE- stationed OF the
Mersey for the protection Of Liverpool IN case
OF war.
twenty-five splendid American horses, pur-
chased by Prince Napoleon, during the late trip
10 the United States, have arrived safely at
HsyTe. Five of,them are TO be sent as q pres
ent 70 the King Of Italy.
A Cambridge paper, by the way, denies 81
insinuaion made by the London Times in re-
gard to the prince, and, after abiding to his life
at Cambridge, adds:
I've declare, without fear OF contradiction,
that while the Prime of Wales was at the uui-
versity, he proved himself a good and amiable
young man, a true English gentleman, and a
prince wholly free from everything approaching
to q debasing tendency No parent could wish
his sen to behave better, aud now that his time
Of trial has come, we feel confident that his royal
highness viii be found neither unwilling nor
unht, nor unable to assist his bereaved mother,
and to f0ldh the warmest hopes OF the people
ALARMING CRISIS IN COTTON.
From the London Eeoaomis, lth, Stock Jobbers and
Brokers Organ
Last week We considered the probable effect
which war with the United States would produce
on the commercial and manufacturing interests
Of England. This week the tenor Of the news
which has arrived from America, though not de-
cisive, is SO markedly and Unexpectedly pacific,
that we mus turn 10 the more pleasing task Of
considering the probable commercial and manu-
featuring effects of peace. The prospective pie
ture we have to lock at is less anxious and
gloomy certainly. but il is far from bright or SAT-
isfactory. We must, however, lockit in the face
and strive TO strip il, as We DO so, OF ali eXagge-
rated dimensions aud of an undue eoloring
In TIE first place, then, peace between Eng
land and America means, we fear, too surely the
continuance of the civil war between North and
South. We cannot doubt that The desire 10
hurry the war toa triumphant issue is Tie strong
est motive with the government as Washington
TO accede to the just demands of this country.
We cannot doubt that theiT consent TO make US
the adequate reparation we required must be
accepted IS an animation that they are still bent
on subduing the South, and are stu hopeful Of
success. That they are utterly wrong IN tins
hope is, as our readers are well aware, our CON
6Gent and UnWaveliug conviction. BG. so long
as they entertain i, so long VIII our trade with
the South be stepped by the blockade and our
trade with horih-sIeady gTievoUsly cuTtsiied
by the absurd and vicious Morrill, tariI-be kept
In confusion, and to a great extent ia aDeyance.
by the interruption Of commercial credit and
the reduction of internal consumption which
war always involves, and which such a
fierce, extensive and inteTnecine war as the
American war row raging carries TO the highest
point
Our importations from the United States (b0th
s~ectiOns) have indeed this year been on as great
a scale as ever but this arises Tom the fact
that IN anticipation of the difficulties which
have since occurred, the Southern States seEi
forward very early in the year every pound Of
tobacco and Gotten they could get together
%nce June these arrivals have almost entirely
ceaSao. Our exports 20 the United States (b0th
seetioss) have fallen of 20 an almost Unprece.
dented extent In the first nine months of 1861
they only reached &6,S09,1UG, against &I6.2J0.
600 in 1860, and El7,4C0,000 in 1858. 10 the
two months Of October and November, there has
been a certain revival In this branch of our
trade. owing to the enormous purchases Of mil
itary stores and clothing Tor the army but stl
the comparative falling Of Is very great, the
pToportiona.e exports for the eleven months, as
lar as can be ascartained, having only been
ES25a,000 against Sl9,4G0,OG0 in 1860, and
e20.500.00 in 1859. In addition 20 this, We
must allow for d very great reduction IN the
usually vast indirect trade which our SHIPS snd
our mercantile capital ca yO on between America
and India aud China
But this is by no means the most ssriou.
aspect Of the civil conhics in America, vieweC
in lis bearings upon English industry and com
anerce. The continuance Of that war With 10
necessary and main accompaniment Of a block
ade Of the Southern ports, involves both tht
Withholding Of our annual supply of cotton
and-what is, if not worse, at least a great az
grsvation Of the evil-the uncertainty as q
how long that Withholding viii continue
Hitherto we have not received a bag Of the crol
of l56l-nor shall we till The blockade be rails q
We have now IN round numbers, ON January J
a stock Of 100000 bales. Working, GA a.
average. twO-thirds time or not quite four days
the weekly consumption Of our mills will bt
10000 bales. The weekly export has been, il
1851, 1900 bales but this VIII necessarily b,
somewhat cUrtailed by the high prices which VT
obtain. ana may piSn1piy nos tAeeel cOJl
bales. 1t is not possible 20 ascertain, with abso
lutte correctness, what amount Of cotton may
fairly be expected from ladI&, Egypt and Bra
iii in the course Of tie next six months, but Il
Is generally estimated ar about 100000 bales
The cGse viii, therefore, stand as follows:
Stock on January
To arrive before
in spinners hands, about-..-.-.-..-- WG0J
-LG0O0.
Consumption, &c weeks st 5000, about $4,000
Expor, 26 weeks ar O9.....---.-.-z0au
- ess0G
Stock July J. e2GE
theoretically, therefore, by the middle Of the
summer nearly every mill in England, Scotland
and Ireland viii be stopped for actual want Of
the raw material, ell the subsidiary trades and
occupations dependent upon them wil be sus.
pended likewise, and a population, vaTiously
estimated, but ia The aggregate not far short d
three millions. viii be thrown for subsistence on
the poor rates, or their own savings, or OF
tradesmen's credhs. OF course, this viii not b,
the practical course of events, but this will 3,
the sum total Practically, some mills, and
those generally belonging to the poorest mas
zeEs. will stop altogether, and probably very
soon. leaving their hands destitute at once