The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1864-09-20

HALIFAX, N. s., Sept. 10.
The steamship Sidon from LIVERPOOL. on.
and Queenstown, 9TH, arrived here at $50 p.
M, to-day.
Tbs steamship St. Patrick from Quebec. ar
rived at Greenock on the 9th. The steamship
City OF Dublin, from Liverpool, Sd inst, for
New York, put back on the 9th inst. with her
machinery damaged. aa isF17T
The prospects OF an armistice In America
continued TO be the subject of anxious debate
In England. -
The Times city article of the 9th. under the
feeling OF the panic which the peace prospects
have created, seeks to modify the financial an
prenension 1t has raised by arguing that it is
premature to regard peace as certain owing
70 the North maintaining the restoration Of
the Union as one OF the absolute conditions
II labors, however, to show that il the South
ern ports are thrown open by All armistice,
and the flood OF cotton that would pour in
should seriously aggravate the existing pres
sure for money, counteractng influence will
be at work TO prevent the drain OF money
which is feared.
The funds were greatly depressed on the
9Th. Consols experienced decline of one
half per cent, being o heavier fall than any
single day for some years. The quotation is
only one per cent ABOVE the lowest point dur
ing the panic of 1857. sss
The Times attributes the indecisiye char
acter OF the American war TO the use OF
breach-loaders and earthworks, and SAYS a
quarter OF an hour OF such fire as good
troops well armed can now maintain, is enough
TO stretch whole columns on the ground In
Virginia and Georgia both armies are en-
trenched alike, and the result is that the main
body Of each army holds secure position and
only fight each other as it were by sortics.
Frankfort advices show renewed activity in
U. 3. bonds and an Improvement in prices.
Nathaniel Palmer * Co. merchants in Lon
don, have suspended liabilities-e2 200 600 ster-
ling. Their assets are equal 10 their liabii-
ties.
The Prince and Princess of Wales embarked
on the 81 at Dundee for Denmark 4
1t is reported that the second daughter of
King Christian o. Denmark Is about 10 be be-
trothed to the Emperor OF Russia; also that
the King Of Greece Is to marry q Russian
Princess.
rs .t FRANCE.
1t is rumored that the Emperor of France
intends to establish new mobility, as q coun-
terpoise TO the democracy.
THE DANISH QUESTION.
Prussian papers refer to hitch in the peace
negotiations, and to the tenacity OF Denmark
on the financial question. A breaking off of |
the negotiations Is threatened.
$780, SPAIN.
The Queen has received the new Mexican
minister. The speeches on both sides express /
ed sympathy, and good understanding be- /
tween the two governments. is9f
FARTHER POINT Sent, Ia
The steamship Hibernian, from Liverpool /
Sept. Sth, and Londonderry 9th, passed this |
point at six O'Clock this afternoon, bringing
two days later news.
The steamship Hansa arrived at Southamp- /
ton on the It'll, and the City Of Limerick at !
Liverpool on the Sth.
The Times, speaking Of America, says -
" The coincidence OF circumstances Is iavora- |
bic TO peace. That the hopeless dead lock of /
the armies In the field happened TO come at
period when the people are formally called up
on either to inatigurate new policy, or DELHI |
erateiy approve o. the old one, This must /
put one decision or tho other upon record, and /
the serles al military failures consummated by
the dreadful losses Of the present year, render |
1t almost impossible to pronounce fol- war"
The Herald th'aks there Is considerable ex- |
agge-ation IN the estimate formed by some as
10 the PROBABILITY oil speedy termination of /
the American war.
The correspondent, writing 10 the Times, 4
thinks that II President Lincoln should pro- !
pose an armistice, 1t would only be 10 .nfln- /
ence the election, and will lead to peace as the I
result. He says one thing IL ceftain--if Mr. !
Lincoln be reelected, by whatever p,ean the
threats Of the democratic parry to resist viii |
lie mere talk,
~ Is rur.ored that the Brazilian government
las rejected the propositions for renewal of
diplomatic relations with England, as recon-
mended by the Portuguese government and ac-
cepted BY the British cabinet.
ISL FRANCE.
Tie Paris correspondent of the Daily News
says IL was the general opinion that the En-
perors health Is In very unsatisfactory state
MONETARY AFFAIRS.
The demand Tor discount on the Tth con-
tinued good, but not pressing The terms in
the general market remaiuee ut is to s per
cent. Consols we're dull and unchanged
Foreign stocks closed firm. The Confederate
loan was buoyant at farther advance.
Intelligence has been received at Lloyd's,
London, that two more Confederate cruisers
had eyaded the Federal war steamers and sue
cessiyely run out OF the harbor OF Whining
ton, and since then had destroyed no less than
thirty-three Federal merchantmen.
The Herald says 1t is stated that the gov
eminent Is about to order the holding Of
Commission Of Inquiry into the late riots.
The steamship North American, from Que
bee, arrived out on the Sth.
1t Is rumored that Austria Is about to recog-
nizs the Kingdom of Italy.