Daily Ohio statesman. [volume] (Columbus, Ohio) 1855-1870, 1862-05-29
'Aadi'lenai Eerslgn news ey ECU

cRrIr BnrrAIN. --on the 18th, In the Hous
Of Commons, Mr.. Lsyard said the Goyernmen
had received from Lord Lyons copy OF TN
report of a committee Of the House Of Repre-
sentatiyeg OF the United States, on the opera
tlons Of the reciprocity treaty, and had no oo
|jectIonto 10 lay 10 on the table. Az
The. Times editorially says, the advantage
gained In the West BY the Federals have beer
such as 1t is impossible to overrate, and are II
singular contrast to the slow progress 10 Vir
ginia. Il also expatlates on the Importance o.
the capture Of New Orleans, and says the NORTH
has right to presume the hour OF final success
10 approaching. .''- -
| " as determined 90 ever, but from the manner
in which the military leaders have allowed them
selves TO be worsted on the Miasissippl, tine con.
fidenoe of their own people and foreigners must
be shaken In their ultimate success. ..y-s
Paris, May ls.-The Bouse closed firm at
70f 600 for rentes. 5t9S
The Spanish authorities in Mexico had nosl'
fed President Juares Of their intention OF ieav-
ing the oonntTy. Juarez responded by euiogiz'
Ing their conduct and Offering them complete
satisfaction. ~. !. .s1.5- .-f.7Jai..
American securities in London showed In
creased firmneus, while cotton In Liverpool ex-
hibited increased heaviness. r..
TIE Morning Herald of the 18th believes
the Confederate retreat from Richmond will be
found piece Of master strategy to gain time'
when every weeks delsy 10 of the utmost I'M
portaaoe, compelling the enemy to take up po'
sition at greater distance from his base OF op-
erations, thus depriving the enemy OF bis cniet
source of strength, the aid Of the gunboatS'
while they obtain perfect concentration Of the
whole Confederate army In Virginia around
Richmond, 90 rendering each Federal corpse
de-srmee converging upon the Southern Capt.
tai, exposed TO a crushing attack from over
whelming numbers. Richmond must be de-
Tended at all hazards. Il 10 universally ad-
mitted now that If that city fall, the Conieder-
ate cause on the eastern seaboard 10 lost by the
Confederates. 1t is hoped no doubt that the
Federal victory will occur go late in the season,
and the victorious army be go shattered that
the time required for reorganization will make
further operations this summer impossible.
Tho Times remarks it would be mockery to
ask Lancashire to send ships to Beaufort Tor
cotton, now that the great emporium ,of the
| Mississippi, with millions OF acres OF cotton
growing land, 10 in the power Of the zFedersls.
Liverpool BreadstufRs Market. Richardson,
Spence & Co., report -four dull and declined I'll
@ls per bbl; state, 24s $1,000. Wheat very
dull, aud declined Sd per GENITAL since Tuesday
red western 9s 9d@l0s 50; white western lis
6d@lls 81; white southern l2.@l2. I'd. Corn
dull ard declined 3d@6d; mixed 21s@27a 3D.;
yellow Cts 3d@27s Sd: white 32s@3ss Sd.
Provsions.--Beef nominal and downward.
Pork quiet and easier, bacon heavy and declined
sd@2J, lard declining tendency quoted 4Os@
43s.
LONDON MAaKET.--Wheash heavy and declined
ls@2s per quarter; sugar quiet and steady.
American securitles-Market firmer, sales Of
Erie S3%; Illinois G. As discount; y 8. 5's 79
@sli Virginia SIS 52@54; Penn. SIS 70; Penn.
bonds 72@74. I...-