The New York herald., 1863-08-17
Arrival Of the Hibernian Off
Cape Race.
HEAVY DECLINE m THE REBEL LOAN
THE POLISH QUESTION.
The Reorganization Of The German
Confederation,
81. JOHNS, N. r., Aususs Is. 10


mo steamship Hibernan, nom Liverpool on the 9th,
via Greencastle 7th instant arrived o6 Oape Race last
evening, and was boarded by the news yacht Of the
Associated Press.
Tho steamship Jura, from New York, had arrived 1t
Londonderry.
The steamship Ednburg, from New York, arrived at
Liverpool on the 9th.
The steamship BOrussh, from New York, arrived Of
Southampton on the evening Of the 6th
Captain Luce Of the ship SUNRISE had published the
particulars Of the capture Of his vese BY The Florida
The latter was flying tho American aG when she over.
naued the sunrise but, after inquiry, run up the
Confederate cors snd sent prize crew board Capt.
Luce ultimately signed bond Of 900 0oo in the
presence Of an armed force.
The Confederate loan the 5th opened Al sfurher vo
lent Decline the first transacaion being 50 so discount.
It afterwards rallied, closing at 2ea ~ discount.
The London TimsS city article N lie remarks ths
subject says:-Those who now suffer are not 70 be
preached for . want Of sagacity, however much they
may have exhibited want OF caution The example
furnshed is simply confirmation Of the fearful uncer
tanty that must beset all investments that depend
military success or reverses. II the battle at Gettys
burg had been by the Confederates the loan which
few days previously largely buying al premium,
would probably have experienced rise nearly great
as the fall witnessed since. There every symp
ton that the result would have led 70 the establish
ment Of Confederate power in Warrington, and q
prompt adhesion from New York and Penn
syivania. The Times contains Q letter from
Mr. McRae the agent for the loan, who says the pur
chses OF cotton by the Confederate government win
probably amount TO 100000 bales. He states that the
cotton is principally in Georgia and alabama, and
also in Eastern Mississippi Northwestern Louisiana and
Texas and is stored the plantations Of planters. from
whom 1t purchased, in sheds warehouses, three
hundred feet from other buildings Mr.. Mcae says the
capture OF all the Confederate sesports would not
danger the loss Of single pound OF cotton, there
stocks Of cotton at any OF them Nor there any
considerable stocks OF cotton at any place in
the interior, care having been taken by the Con-
federate aswe as by tho State government that
no cotton should be stored at any port within five
miles Of railroad stations navg9bie streams That
portion Of the crop which had been brought to various
interior depots has long since been taken back TO the
plantations Cotton will be delivered 10 any holder Of
bonds demanded provided for in the fourth article
Of the contract.
The London Morning Psst In an editorial on Canadian
defences, says-"we have confident belief that the
bsster OF the federal government win produce very
sautary effects in Canada In spite Of the urgent appeals
Of the Colonial ONCE the Legislasure Of Canada has
refused TO place the militia on an efficient foot
Ing AZ the Canadians have no sympathy with
the North, the present aspect Of affairs on their
continent may induce them TO show . little Of
the spirit which animated their fathers 1872 Pru
dence, well interest," should lead than adopt
this COURSE We may ada that IL - the bounden duty Of
the home 70 look 10 the naval deences o the
province the inland From Superior 70 the 81.
Lawrence there Is not much . gunboat or armed
steamer, whilst tho Americans profess 70 hive In their
ports otla which al any time would give thbm com.
and Of the hikes, and render 70 CanaAa matter
q comparative ease.