The New York herald., 1863-08-25
ONE DAY LATER FROM EUROPE
Arrival Of the Great Eastern and
City Of Baltimore.
THE REBEL RAMS'iN ENGLAND.
SPECULATIONS In MEXICAN SECURITIES,
Failure Of n SpeculatOr i'm
the Rebel Loan,
Ae..
kes,

The steamship Great Eastern, Captain Patton, from |
Liverpool 18th and Queenstown 18th inst arrived 10
Flushing Ray last evening" and tho City o! Baltimore,
Captain MireLouse, from the ports on the above
mentioned dates reached this City last night
LONDON, August I3, 1868.
small failure took place yesterday in the Stock Ex-
change in connection apparently with the decline in the
Confederate loan.
The London Times city article says English funds as
we'll the speculative classes OF securities, exhb-
tied yesterday increased tendency to Improvement
which seems kept check only by the absence OF
any decided rebound at Paris and the activity OF the de-
mand for money in discount markets-a demand
which Judging from the comparative rates at all the prin
cpa cities Of Europe and the favorable symptoms oil
foreign exchanges would appear likely to be temporary
and exceptional. The applications for discount AT the
Bank yesterday not very numerous but the demand
in the open market shows dminution In the stock
Exchange short loans offered at two and half to
three per cent.
In the market for foreign securities was further
average Improvement OF about x y per cent In
Mexican the transactions rather extensive and
some of them are supposed to have been on French
account The quotations advanced to 38X 39M, or Y
per cent higher than on Tuesday
The London Herald says:-The Dutch houses, in ad
don to the French, are operating largely in Mexican
stocks and seem confident successful organization OF
the proposed Mexican monarchy.
The London Daily News city article says'-A belief is
beginning to be tanned that the demand
in connection with the harvest is satisfied the influx OF
gold will cause the bank OF dscoun, to be reduced
Tho London Times has leader Lancashire in ausion
to the increase last of the number of unemployed
and sayseIAncashire must be gradually emptied as 1t
was gradually filed There is remedy but to distri
butte the populaton centres OF trade and wealth are
perpetuay changing 1t is useless to struggle against
necessity Lancashire has had It's turn it may have its
turn again; but its people cannot be supported at the
public expense till that time arrives"
The London Times, noticing the removal Of Sir j.
Hudson from his post Turin, says:-'It is impossible
to conceive any public for his being displaced ex
cept to make room for Mr.. Elliott" The London Post
also remarks that although knows nothing that is not
excellent and honorable OF his Earl Russell may
rest assured that at the present moment Ut
tingy replace Sir j. Hudson at the Court of Italy.
A circular. from Aries Dnsour & Co., of Lyons, says
that Swiss and silk manufacturers acting unde
the influence OF events in America have effected
important purchases Of silk particularly in Italy In
France less confidence entertained respecting the end
ar the American war
LONDON SroCK EycnaSGE, August 1S 1868
Closing prices for copsols-Money 931S 93 account,
93h 93l.; now thrces, 93h 93'S
LONDONDERRY, August l3-Evening.
The steamship Nova Scotan from Quebec arrived at
Grecncasto evening" and having landed dispatches,
| proceeded to Liverpool. All well.
| The Three Turreted Rebel Rams Ready
for sea-Threatened Raid on New York
| Harbor in September, Sc, Sc.
| OUR LONDON CORRESPONDENCE.
LONDON August TO- 1883.
In my last letter dated from Liverpool informed you
that the first the great rebel urrcted nearly
| completed She launched earlier than expected
aud now in the Craving dock at Liverpool completely
plated, with hsr mast, and boilers c md q s2esi aa
also large part ol her machinery. It expected
have her ready for sea by the 18th Of August.
| Her consort launched on the 2d day Of August
az well as the Glasgow and both viii be ready TO
sa; late in this month tho LIST of September You
see that was wrong when, mouths ago, informed
you that hcso rebel roncads would be coast in
september 6S7 N5V ,uv sssss are ~ the eyes q the
venerable Secretary OF the Navy aud that he is making
due preparations to receive formidable engines OF
destruction. Icannot from my standpoint that any
thing has been the dreadful calamity
| awaiting you.
| To be frank, unless the most strenuous efforts are
made, you will have another Newports News tragedy
enacted In the waters Of beautiful bay terrible
| scenes will transpre under your own windows. The
speed OF these vessels will be greater than any your
ron.cads, and OF curse not carly prevented, they
| viii sail about doing all the harm they
1t is generally supposed here that the blockading
squadrons win be their nrst prey but my impress
sion is and IL founded good bass, that dash at
New York viii be made; and have hesitation in
saying and that from long experience In gunnory aud
shps that with these three ronclads in broad
they could enter York harbor by the way Of Sandy
Hook and and destroy all your ships cfwar the
and and docky and Then pass out by the
way Of the Sound, without receiving any material
damage These assertions strong, but the less
| true.
What Is your government aboutf What are the people
about What Is the press about Cannot you do some
thing towards rousing thcm TO Of their impending
| danger Your leets your towns and your ces are in
danger. You may avert It by instant measures, and
then will be only palation; for as far IA can
see these vessels will have complete control OF pour
coast until the Puritan and Dictator 1tted out anu
| that will be several months.
The rebels here In great gIee IN anticipation the
intended movements OF these ships The London rr1s
correspondent writing from Richmond says aThe Van.
kee will make themselves or the blockafed
ports after September" have done my duty In this
serious matter and trust the government will DO thcrs
| In time. 4t
L