The Burlington weekly hawk-eye. [volume] (Burlington [Iowa]) 1860-1876, 1862-04-19
FOREIGN NEWS.


pool on the evening of the 9th, and Queenstown
both arrived at this port this forenoon.
The French Continental, as well as the Eng
lish press, discuss the great Importance of the
experience gained by the engagement between
the Merrimac and Monitor. 1t is generally ad
admitted that maritime warfare has undergone
change, and that the Monitor is a solution Of
the question between wooden vessels and iron
ones.
MADRID, April cit is officially declared that
the Spanish Government has most rcsolutely de-
termined not to attempt to infringe on the SOW
ereignty and independence of the Mexicans.
The Great Eastern is advertised to leave Mil
ford for New York on the 9th of May.
10 the House of Commons, on the 81 inst,
Mr.. Fitzgerald gave notice that he would soon
call attention to our relations with Mexico.
Mr.. Gladstone had made his financial report,
and, in the course of his speech, adverted to the
great drawbacks from the American crisis,
which had turned out worse than was anticipa-
ted. The cotton crisis was a most serious fea.
ture to England. blockade had of course
been expected, but it proved more injurious and
extended over a greater line of coast than had
been anticipated, and it's effect had been nearly
to double the price of cotton. The loss in Anne
rican trade was great; the exports having from
nearly twenty-five million pounds in 1860 de.
creased to only five million in 1861. Trade with
America, according to recent returns, was, how
ever improving
Mr.. Layard said that the Government had
received official information that convention
had been entered into between Commissioners Of
the Allied Powers and the Government of
Mexico, and it was time that the British forces
had been Withdrawn from Mexico, except a
small force of men; that it was not the intention
of the Government that they should take any
~ 81 s,,x, ~ ~.
would all be brought home except about 100,
who would be left there for the performance Of
ordinary duties. Her Msjesty's Government did
not approve Of all the articles of the Conven-
ton. They approved of it generally.
Mr.. Osborn moved q resolution that it is ex.
pedient to suspend the construction of the pro-
posed forts at Ship Head till the value of iron
rolled gunboats for defence shall have been full.
ly considered He referred to the exploits of
the Merrimac and Monitor, and claimed that the
invention of the principle OF the Monitor be
louged to Capt Coles, whose plans were long
since submitted to the Admiralty and reported
favorably on and then shelved
Lord PalmerstOn advocated the great impor-
lance of the invention and reioiced that it was
not formed in party spirit. The question had
occupied the earnest attention of the Govern
ment. He did not deny that the action between
the Monitor and Merrimac had taught the les
son. But since it had done that in one direction,
it had also given a warning in another, as
showing what they could not do as we'll as what
they could do. He pointed out the drawbacks
of the Monitor, and what England was doing
with iron Ships and said that tenders had been
sent out for the construction of ship of Capt.
Coles principle. He questioned the expediency
of entirely negectiug Qualifications, and favored
both forts and floating batteries.
Preparations had commenced for cutting
down the Royal Sovereign, one of the finest
ships in the English Navy, from a l3l screw
three-decker to a IL gun ship, on Capt. Coles
plan The Bulwark, guns, was also to be
converted into an iron plated ship.
The Army and Navy Gazette observes that
there is more than the usual element of uncer.
tainty about the issue of the civil war in Anne
RIGA. owing to the ignorance of the real capac.
ity of the South to resist and the North to
move The Federals win have to prove, BY get
ting to Richmond, that they have a Quartermas-
ter Generals Department, good Commissariat
and military trains.
FRANCE.-Gen. Genin's return from Rome
was regarded as almost certain.
THE VERY LATEST
The Paris correspondent Of the London Daily
News says the difference between England and
France in Mexican affairs is very ticklish
The ship Yorktown, regular packet from Lon
don to New York, has been captured on her voy-
age by a Confederate privateer.
COMMERCIAL.
Breadstuffs Market generally quiet and steady,
except for Flour, which is still declining Va.
| rious circulars report downward and decline
of 6d@ls Range 24s@29s. Wheat quiet and
steady. Red Southern lis 4d@l1s Cd; White
Western lie; White Southern l2s@l2s 3D.
Corn quiet. Mixed 27s sd@2ss; White sss@
34s Cd
Provisions generally quiet and steady.
Wakefield l. Co, and others, report Beet
steady; Pork firm; Bacon easier; Lard heavy
and declined I'd.
American securities quiet and firm Sales OF
N. Y. c. 72t; Erie "a; |. c. A discount.
Latest via Queenstown.
Breadstuffs-Four steady. Wheat quiet and
easier. Corn inactive. Provisions closing quiet
and steady.
London, Saturday Evening closed
at 93f@s4 for money.
American Securities lstest sales were,
l. G. 4S3(g4St discount; Erie S4@344.
ParIs, Saturday Evening The Bourse closed
firm. Rentes 70f