The New York herald., 1864-10-19
THE DANO- GERMAN NEGOTIATIONS.
Political Complications ffcm the Italian,
Danish and Mexican QUESTIONS.
THE MACE AND COEURN FIGHT.
JEM MACE'S LETTERS.
kes, Ltss ~.

The Cunsrd steamship Scotia CAPTAIN Judkins, which
left Liverpool at O'Clock the o. the Sth
and Queenstown On inst, arrived at this port
carly yesterday morning.
Her news is i've Jays later.
The ste ,mhp Hecla, Captain Mac uley, from Queens
town the 6h Of October wy oil Halifax the 18th
instant reached this ror yesterday with merchandise
and five hundred anil thirty fye passengers
Madrid telegram he recall o, Admiral Pinzon
from tho P,ciic is decided Measures have also
been adopted for the future and suation OF
the Pacific squadron.
Melbourne telegram Of the 25th OF August says there
Indications Of securing peace in New Zeaiand
The following French aiplom.tic appointments
souucod In Pa-s:-M. MERCER to Madrid. NJ. Cn,teal-
Reuard to Washington, n. Benedetii Berlin, IRON de
Taeyrand St Pe,ersburg NJ Recula, TO Frankfort and
Count Massignan TO Tcacran
The friga,e Ameihys,, which had been lent by the Ad
nirsity to the Atlantic Telegraph Company for the pur
pose OF conveying tho Aianic csbe from the works OF
Eessrs Glass. Eliot Co. tho Great Eastern sheer
ness, aeroand soon sfer leaving Chatham. She
noated on tide but would have {, into dry dock
rr examination, as shs supposed 10 be strained.
Lord wodehouse. the new yiceroy OF lrel,ad. was
pected TO assume his Official position at dublin In few
days.
The ST. Andrew arrived the stn, and the Arabia,
from Bostou on the 9th inst
Cur LONDON COsfSsp6huence.
IoNpcy, Oct. s, 1854
eri<p of ihe yinenc,af Sifuaon-fhe Crisis In,ensi.
ine-Hcw the Amrtean War LGecis R-Lip.p oil
Doomed Jy Gs R,Ll lGlioions-7se Situation on
'cAange-7he Bank o. England after the Joint Stock
Sp caia'ors, de-, dc.
The ,mme, cial anxiety s,in continues.
have been through city today end conversed
with Of all rauks atd positions en- 'the suatiop"
and hnd existing considerable unanimi,y Of opinion
The crisis In the money market ia not over by any
ma: but how much hsher IL viii go no cne can ,cll
For three weeks there y III be cot slider
sbe pressure high rate OF nteres. and less a!
ures. sbcud very large house baIkin establish
ent come down, the toe - that the present state or
aEsrg viii 10 oy: bgt sich s the disrGst aud general
slack cr confidence that very heavy failures
might bring mn ai rmng ranic.
Events In America do much to keep anxiety and
break up specui,oss. the cOntrued OF
sihc Americsn armies have contributed TO lover tie
tprics OF cotton and brought dcwu tie rebel loan
by tho Scarce day posses without this bogus
declining two three per cent ana day tell
per cent Less than three weeks u stood at IS
sand yestorday Il sold NJ 5S.
Holders cotton anxious TO sell, but very wish
10 buy Many manufacturers have stopped their mills
fearing such decline IN the price Of the staple as
make the price Of the goods actually lower, weight
Cor weight. Than tue cost OF tine cottoo. Win the
onunued OF shermans and Grants armies, they
that hundreds Of thousands Of bales released
at any hour. Sheridans vieieriss in the shenandoah
vs'ey nave created regular pauc among the seccsb
ard tue holders of rebel stock.
As int,nsted In my llsl--wrt,cn three d,ys ago-l
am certain that the financial storm will rage more IN
future in LiverpooI IN Intdon. There many
siecuiaofs cotton dealers and blockade runners there
must fail. Opinions of candid men that here
an Innd throughout NE k 2dcm there IL .sound
pcss' position IN tue commercial world that precudes
ihe ,de. Il great 0naucal cris. lhcy that spccu
la, on pressure and glimps. OF
lizard tlmes' viii Itoye Salslary anu IN the long
do y od tor hfd nd moderate panic arrived at this
ame much greater one would doubtless occurred
dvrng the next three months Cons able paper
due betwccp this aud November 10, and We get well
by tnat date there y nothing more TO ear
In locking ~ the existing panic in London, Americans
ere table 10 be msled oy not knowing or OF the
Readers there must mind tba, vast numbers Of
email large dcaers IN 'dry goods" here make Their
purchases and give their paer, allog doe en-
the Ist 10 4h) or October This ovarab rule. Of
large number have made their midsummer COL
secons ner accounts seiD- seat out 10 their customers
<wice year January and July 49, successfully, and
sre ready with ths money TO mce, their paper Other
soecticns must rely partially extensions and
getting dscouuss Nov last rear government scrip Was
Ash aud the Of interest was three per cent THIS
gear and three per stocks are very low sb
70 So In place OF % 70 and the Bank rate Of otersss
Very few merchants and traders make such pron,s ns
justify them 10 paying nine per csut interest," snd
simc 70 sad money % good paper even Al high
10 the midst Of all this, one cause Of the tahsness OF
wsivs months hss seen the riss Of very large number
joipt stock banks the limited liability principle
como Of those are ba ds concevns with heavy capital
hts a. their psomoters, and others less hollow
nd preteuous. Now the great nnascia mother Of the
knr,ish banks the told lady OF Thresdnesde street,"
{rowing little js,lous Of the birth asd growth
many younger daoghtsrs and she trying her hand
bte sraugoe of o these rather adccsccut nfants
hcre are mary Interested IN ese youag .reeponeib
ties" and like 10 see their bantlings put oni
Of existence numbers Of bankers bill discounsers
pnd spectators dependent directly on the Ba,t o
for their frnds and when ths mo hsr bank putt
vcry high rate Of interest her isvors or naty 70
fuoaQ n grna n nj
ksptiousbea both OF these courses are taken now
the monoy market 10 stringent aud weak houses must
ial.
the Bank Of En- land refuse to discount Overend
Durncy Co.'s request for half million million ster
lng under any excuse whaavcr. "too much paper out
Asras calls for money!" &c then 0verend, ,,urney
10 have 10 say 10 Jones Brown md smith, their cis
mers, thst they caot let them have the ten twenty o.
tfty thousand pounds they expected TO borrow Very
ksny tf lha iont stock bapss that the Raps o