Cleveland morning leader. [volume] (Cleveland [Ohio]) 1854-1865, 1862-05-27
FORETGN NEWS.
CAPE RACE, May 20.
oREAT BRITAIN.

GREAT BRITAIN.
The news Of the capture Of New Orlean,
was received by the Canada, and was the
occasion Of much surprise and considerable
disbelief, but coming from Southern sour.
ces il was generally argued there was nc
room for doubt It produced no influence
on the cotton market
The Times says il is a hard blow for the
South, and a great victory for the North
another proof that the North can do more
harm to the COnfederates than the Confed-
crates can do TO them.
The Times asks how II will effect Eng
/ land. 1t says the American Ministers at
| London and Paris, are told TO assure those
Governments that plans are being matured
for sInitigation Of the blockade, and this
promise has been made from time TO time
in Paris for some weeks past, as we can
well understand, with the most sincere de-
sire on the part Of the Federal Govern
ment to fulfil it. If the Federals possess
New Orleans there is Of course an end TO
the blockade of the city. There is only
one thing wanting-that cotton should
come down.
II the Southern planters trust 10 the
Federals sufficient will doubtless be got to
relieve the manufacturers, but if they re-
move or destroy their stock, or refuse to
bring it down, it is hard to say what is gain
ed by the capture Of New Orleans. The
capture is creditable to the skill Of the
North and is also an item in the revenge
of the Federals, but if the city is now to
be bloekaded on the land side by the Con-
federates, the gain will not be much by
this mifiUafio0 of the bloclrodo
The Times says it is vain to deny the
Importance of the event, but if the South
erners mean what they say in their loud
talking which the Times rather questions,
they can never be subdued.
The Herald declines to believe the fall,
but admits that if true if would be signal
triumph for the North.
The Morning Post also doubts it, and
thinks that if confirmed it will not seri-
ously affect the fortunes Of either party,
although a serious loss to the South. Il
says the utter hopelessness of the strug-
gle is more apparent at each successive
stage.
The paily News says there is no good
reason for 1oubting the capture, and re-
CARDS it Of great importance. 1t highly
eulogizes the eonsummate skill displayed
by the North in this matter.
The news per the City of New York, re-
eeived just before the Kangaroo left Liver
pool, of course dispelled all doubts.
The impression prevailed at Manchester
that the event would bring forward some
cotton.
1t was reported that Count Persigney
was suddenly ordered from Paris to Lon
don, it was supposed on the mission rel
atiye TO the steamer Economist with 800
bales Of cotton and 400 bbls. rosin which
arrived at Liverpool from Charleston
Speeulations continue relative to Mer-
eiers visit to Richmond, but nothing relia-
BILE The 0pinone Rationale asserts that
it merely has reference 10 French tobacco.
1t was reported there was military
conspiracy in st. Petersburg in favor Of
Poland.
Liverpool, May 14th-Brsadstufs-
Messrs. Richardson, Spence & Co., Bigland
Aythia s. Co., Wakefield, Nash & Co., re-
port -four heavy and 6dG1s lower; Amer
lean 24s6d030s. Wheat-Sales small and
prices Sd lower; red western 9s1IdGIOs
Cd; red southern lOs1Od(G11s; white west
ern lIs6dG11s9d; white southern 12s6d
COIu AudCAANc hAl VI AVEtEg AuiAeu Et5uu5
yelloy 27s6d@27s9d; white 8Os632s6d.
Provisions-Beef tending doWnwards.
Pork still declining. Bacon very dull
Lard quiet but steady.
Produce-Sugar steady. Coffee quiet.
LONDON MARKET-Flour declining and
6d61s lower. Wheat heavy and 1s@Ss
lower.
Sugar firm. Coffee buoyant. TallOw
quiet.
N. Y. c. shares 47@46 discount; Erie
shares 32983
Latest via Queenstown: .sr MI.
Liverpool, May 15th.-Breadstuffs dull
and declining.
Provisions fat -4AL
London, May 15th.-Consols for money
934. Illinois Central shares 454 discount;
Erie 89639f
Liverpool, May 15th-The news to-day
is unimportant.