The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1865-03-20


The Full Of CAarleHon Ezp'odes the Rebel Cause in Eng
land-John Bull Experiences an Intense Sensation and
Revolutonses His Politics IN Favor Of ne Unio-silent
War Ba,oeen Aincin0 Lan< and Liverpool and Man
chester-SAeman and Grant TO Decide the financial
Shzl0oIe-Ths Rebel Loan disappearing and Heavy In
vesfnens in Unled States Securitie-Bockade Running
Losing Game-Oppositbn to tie atlantic and Great
West5n Railroad, de-
The confederacy has "gone up" Tho OF the fall
Of Charleston that upon last evening has startled
the island from its propricty. No event since tho cap
tura Of vicksburg-not Sherman's march 70 Sa.
vannsh-has created such sensation in this country
The London Times has four columns Of American news
this morning, and the leading editorsln the last the
rebel cause being given up ~ Como case.
Loss than month ago rebel bonds-in the esti.
nation OF Mr. John Bu-were ton per cent better than
United States; now they twelve worse They were
%, and United States ST. now the rebs arc ~, and
United States 81. Rebel scrip went down six per cent
slap on the fall OF Charleston.
All the blockade running steamers arc ordered home,
and am informed BY largo shpbuder and Spectator
that line that much money has been lost than
made blockade running since the beginning Of the war;
takon liberal average
Now the effect on the commercial Affairs Of Europe
that tho OF tho in the next few months will
have will DO very great. Bear in mind that there are
great interests mere tnat DO Conkuereu w
antsgonstc. They are tho Mncns Lane interests and
the Lancashire or manufacturing interests Tho com
msrcal transactions here In sugar tea Coffee spcos &c.
rs well In silks concentrating principally in Mncng
Lane viii DO favoraby affected provided peace comes at
an carly day; while tho other hand, In that
case cotton will 20 down. But let the war
20 on . year two longer and Mncing Lane
will be In bankruptcy, while tho Liverpool and Manchcs
will be Ia clover One OF tho two must 60 TO tho
WALL and tho guns of Grant and Sherman must decide
the great financial problem.
lam told that over Ave millions sterling have been lost
In cotton during the last ak months and you double that
amouIt-which will be done with peace by the Fourth
OF Juyand that viii cotho Liverpool and Manchester
in sackcloth Do you not the grizzly form Of com
mercs and historical Nemesis In the career Liverpool
blockade rnners who, like second Samson did every
thing possible create the war this erecting the tenn
Die over the Phlistnes aud then pallng IL down upon
ihemselvcsY God sns There DO doubt Of It,
Now whlo THO royal game Of shutlecock progresses,
outsiders Ioot and which way Sherman
| non viii turn the hazardous speculation
While the artn'es y North and South Carolina, Goor.
sa Tennessee mud Virginia have been nghtng the battle
Of The gau's another contest quite severe and 10 SOW
respects important aud interesting has been gong
on In Europe. You have littlo conception them OF the
auagonsc interests the national hatred and tho power
ful combinations that havo cOnpred together 70 defeat
the nost Important American financial operation that has
been attempted In tho London market Very LIKELY
| as largo or larger operations from your aide
| have been carried out here, but none where The
various circumstances OF war political interests, railway
aud business matters personal credit and tho status Of
| American Ansnco have created important problem
AID tho Rothschids, Darnes, Peabody Co., aud th'
other leading magnates OF British finance were not thu
promoters OF the scheme. You anticipate what opera
ton refer TO- but you have den OF tho herce opposi
lion that has occurred and the contest that haa akoi
| place
those verscd in American railway interests know tina
the Atautio and Great Western Ralway--frum New
York 70 ST. Louis, running through the Pennsylvania o.
rcslonwas bult by Mr. James McIltnry during the las
three or four years, and largely BY British capital
some eight cr ten millions Of dollars more we're raise
from Time - TING by mortgage bonds on different 30
lions q ne goa and last autumn fourteen millions Of 40
lars, OF 10 thions eight hundred thousand pound
setd ot debcntutes ~ the eutire road eyah
u - por cent Ia three yeara Tho transact on VI
gou.vtsd by Uycfend, Quincy Co, The konnatds, al
, boscley. u Liverpool white Ito character u The na