M'arthur Democrat. (McArthur, Vinton County, Ohio) 1853-1865, 1863-04-23
Foresgn Wnr-Flnauces.

in spasms. Cotton il mighty stron.
pOtentate yet, and it not quits king. i;
u power bebiad tho lhIune stronger
than the king himself. All Lon Ion
Liverpool, Paris, Frankfort and Am.
sterdam are sharp after the COnferi
crate loan, AMI shares are at a premi,
um. Do the stupid and blind ianat,
ics Of this country suppose that after
ten, or twenty, or fifty million oI
this col.un luan are taken, the people
the subscribers to il, will rest easy til
they know whether they have drawn
blanks or przes . Does Abraham
Lincoln, the Commander-in-Chief ii
the American army, beIieve that the
European governments, whose peO
pie have invested their means in this
loan, will remain passive, while these
millions OF bales OF cotton are wanted
and needed by their subjects Z Not
u bit Of it. This cotton Las now a
foreign ownership, and tie foreign
governments are going to have such
u peace pressure brought to bear
upon them by their moneyed suhi cts
that q movement will take place
which will end in breaking tho block.
adc. aud the great war will bo over.
THIS cotton loan is one Of tn,
must splendid diplomatic Schemes
which wondering world WAS ovel
called upon TO wilu1ss. TLIya nd
himself conld not have conceived u
greater chef d@pvre. 1t WAS the
connection Of SIidcll AMI o certain
well known Washington banker with
southern procIivitIes. They knew
human nature, AM touched tho rigLt
key when they tried the pcrcentag,..
Tue bat held out to the capitalists
was TOO tempting, and was gubbleL
down with IL relish aud appetite shar
Penrd by two years fasting Gotten
at six pence sterling, is Ii bait indeed.
The agony Of halt IL million u,
workrngmen ou, OF employment. and
starving in England and France, the
respective governments could no
give heed to, but i; will be seen thar
they will give heed to the calls Of the
subscribers to the Confederate Cotton
Loan, and not many months will h.
allowed 10 roll over, before those cot
ton bales will be rolled from the dock,
of Mobile, Charleston, Savannah and
New OIleans, tO the decks OF the Brit
tish and French ships. We hav,
heard within the past month that tn,
Secretary Of the Treasury hal been
offered hundred millions of dollars
in Europe, for the United State,
bonds. This story has been told anf
repeated by Administration joarnal,
throughout the leugiL and breadth O
the land. There is not u particle O.
truth in the assertion. 1t was a con
coctod lie, created, like the various
war lies, 10 serve s,ho purpose of n
sinking, distracted anI desperate
pSny. We arc tainted by the Lon.
don EconOmtst that while the Con.
iederales are able to raise millions IL
Europe, the Federal & pvrrnmrnt ca
not obtain a shilling an i this .aunt
is settled by tho one hundred million,
canard winch Nh. Chnse's dupes have
been circulating. Notwithstanding
the financial skies appear cloudIess
just now, and the greenbacks are not
aS yet saperabundant, they may, in a
very few weeks, fall to fifty cents on
the dollar, by gold going 10 2OO.-
There is an unmisrakable speck OF
foreign war in the heavens. 1t is not
as large TO day as it will be, but we
shall, ere many moaths pass over, lie
in a position where we can Get up q
second fight, or succumb to the terri
bic circumstances which bid fair to
envelope us. Let but the prospect OF
additional national calamities be man
itest, and gold will 90 higher tI'an II
kite, whether a second chapter o. hor.
rors is opened up i'll reality or NOT.
Gold. at this moment, il any where
from 149 to l55.. It is still as mer.
curia' a. ever, AMI since tho grea.
pane OF few weeks ago, it has been
as spasmodic as the actions oil those
Fho gamble in it. Exchange keeps
about Is per ct. above gold. Mrr.
chants do no. understand the rocks
and shoals which lie in the channel
Of trade, and are extremely cautious
inst nnIu - n1no;1,