The Chattanooga Daily Rebel. [volume] (Chattanooga, Tenn.) 1862-1864, 1863-04-14
EATER #nOsr EUROPE.

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EATER FnOm EURePE
Our. Finances Abrdssd- The Ne,s Co.fsde,,ut..l
Loaa--Opiaions IF tie British Press;-FaLI
Particalys, de-, dc. ...-, -..,.i
tFrom tue London Post City Article March al
In the foreign market the Confederate loen
has been steadily lnaiptained at 4La6 prsmi.
um Tie amounts of subscription to-day wsr0l
again exceedingly numeroue not onty ftomlI
London, but the Continent and the Provinces,
The total amount applied for up 10 this-e ven.
ing exceeded ft0 600 0000-affording suffos.ng
evidence that the Continental bourse, as vell
as great portion. OF the commercial interesta
of London Manchester. and Liverpool, recsg-
npe the South, and that In q substantial; mon.
ner by subscribing to loan within two day,
Inore Shan three times the amount asked foF.
[From the London News City Article, March 20. ]
1t is q peculiarly Of this lean that, thought
OF litalted amount, II IL to be distributed over
30 many markets. In the stock exchange to-
day tho price which closed yesterday at g 'sa3
premium touched 5a51< premium, aud alter
relapsing to 4a4L. ptemiun. by a general
ande standing among the deaiers. all the tram
actions were TO bc set !ed Friday, the "A Ia uf
April before which date the scrip will be rcU-
dy for ISSUE The effect of this arrangement
will be that there will bo no necessity TO eall
upon tho stock exchange committee to come TO
a formal decision with regard to the status on
the market OF the. as yet mnreeognized Con
lfederate Government.
Esaua sha Lissraool Post March 20 --r ..
Only yesterday one OF the most eminent Of
our merchants declared he Was commissioned
from London to buy E2O, Doe Confederate
bonds Who shall say there is no faith left in
| the Garth after this. There can be no dcuBt
that capitalists arc subscribing with thcir
| eyes open. solely for the benefit of tiieiT
Southern 1roteges in full expectation that this
viii he oHiy as other Greek leans TO be paid
when quite convenient IL only remains fG'f
them to drown seif-sacEihces by burning ther
| bonds, when they get them, on the fiags 10
Liverpool, and in the centre OF the Royal Es
change, London. II, however, they are sefi-
lously entering into the affair a commercial
specslAtion, VIA should not be surprised ii
they did she saass thing On some day ON the
principle Of that enlightene& gathering l4
| Irish,nen who burned the netes Of . onrtsn-
county banker in order to spite him. 81.
From the Loadon Fizaes' City article March 3o:.
= ~% As the applications in Louioo have
new amounted to $4,000, ,999, she sam paid ~
tor deposits is nearly half mtliop. Some Oh
lection haa been taken to the loan in any oRhee
light than as a cotton transaction, tire magot.
ty of our merchants and Capitalists wonld bave
wished that it bad not have been introduceGF
since it in said there has rarely bsen loan e
which he subscriptions have been Of moA
influential character. This. however, does nof
alter the fact that its Introduction, it it had
been merely political loan would have been
regretted. because fron the date OF the COM.
mencement Of the war tire sincere desire Ut
this country has been 90 avoid tending fnateri.
al aid 10 either of the helgererta. We have
been ready at al times TO deal with them i'm
partially mercantile customers, wherever
we could make lair pr ofit, but We have not
wished to enter into the kind of par tizauship
that would be involved by granting foant, ,bss'sl
only on such political Seocriy al could be Off
fered byeither sidet D~~~ ttf
Early in the war tho North relied upon get-I
ting unlimited means by an issue OF their,
bonds in Europe, efrd in the losfs authorized
by Congress- there was, with that view. q rr
vision for making coupons payabfein Lot don
Paris and elsewhere but il waa pointed out
by the Times" that any subscription to those
bonds would be scarcely consistent with the,
encouragement Of neutral feeling, and worlld
to that extent be undesirable. II the Nefah4'
ern Government had held isrge stores of wheat
and had offered ttlein ON certain terms for
present or future delivery, ding TO CIT.
cumstances, wo should readily have entered
into negotiations; but we should have done 30,
not because we wished to aid the North, but
because We wanted the wheat In like inan-
ner. it is perfectly legitimate TO take the Con-.
fedeEate cotton, and there is nothing that
should prevent any of our merchants o. capt
tatists from subscribing for it, provided theJ
are satisfied vith the price.
From the Loadsn Timss City Article March 2S J
The demand for money at the bank aud ID
the open market was very active on Saturday
(2tst), chiefly in coasequenca OF the large
| amounts locked up ia deposites on the Confed-
erAte loan. .r =.
The ConGsdc crate loan touched pren,i utn in
the morning. then it relapsed during short
period 60 4 premiuu, and closed ss 4 - to 45S
ITemiuns. The aggregate Of the Ssbscripaions
IN Londlon, Paris, Liverpeol, .Fraskfost sad
Amsterdam, ie abou, fifteen millions Of po uu'iG
steriiug.
From the I>oadon Ross Goes organ, March 20
Thai the dream ot establishing MI
Confedsrscy independents ef the United Stat"si