The Express. — London, England, 1853-09-02 00:00:00

'Mitt erprefso. TO CORIMSPONDENTS. • Sewed &hues d • TM Kepner," contsuung tree pane realties's "tiasette."4 publ Aid every Tusectby and Frlclay blest, la tow tar Irma. ddrortaraarata Weeded for Ila Eames." Laudon treeing papa, meet be at the Wies e 10. Dearene-street, by Tito o'ttcak as the day Cd imblisstate. lIIGH WATBR AT LONDON BRIDGE. TM, MT—Xenia& lb. % . Altmann, lb. 110. Tuetanow —Yonne& tb. es Attersece, 2k. Um. LONDON, FRIDAY, SEPTEMBER 2. YESTERDAY the Bank of Engle:W-1Y Stated in our City column—raised its rate to Four Per Cent., and day by day monetary discussions become more and more in.. tt resting. If we now recur to the state 4. 4 the money market in New York, it is because that shaves in the changes of the money market of Europe, a szd the phenomena which occur there throw light on phvnc • mena here. The journals there are careful N republish all our bank returns, and to record with as much minuteness as we record all the variations in --.... ....--___ our money market. What affects us affects them, and American securities follow at a certain distance tho changes in European securities. The step taken yesterday is the Bank Parlour will have its influence across the Atlantic, as well u in Lombard-street. They feel in America as we feel—if not quite so intensely, and at secondhand, as it were, the disturbances in trade and the depreciation in the value of paper now, caused by the disputes between Russia and Turkey. The harvests of En- rope affect them, and they are looking with anxiety almost equal to our own to the produce of the fields .of Europe, as determinin3 the purchase and selling ewer of Europe, the wages of its industry, and the ma Doer in which the precious metals will be for the ram lent diffused. Their markets sympathise with ours • they obey the same impulses; and we can warm ly comprehend all the movements of the money mar k e t at home without knowing something of the wawetaw Sits abroad. N ew k 'ork papers of the 20th ult. refer to the dis puta, h at went Russia and Turkey u affecting A mer m an securities in our market, and as keeping tb, pr i ce o f them down in New York. At the same ti me t h ey m •atioe, we arc happy to say, a considera ble i mprove , ent in their money market. On the 18th alt., the r eport runs, "a better feeling prevailed at the tn a t b o srd and in the street to-day. It is believed that ta to banks have reached the minimum of their discount line, and that no further reduction will take piece.' "There is a better supply of money, but the rate •on business paper and on mil loans are still exor, . ) itanto ranging from 8 to IL ° When we referred t *o this subject on Tunis,. tars showed, on the undo% hted authority of the Irk sit• it to the tith ult. thump MI turns of New York, the been no reduction in ti 'le amount of the Bask counts; there was at most only a preparation for reducing the discounts, mid since then there has been a reduction, bat with that - reduction the money market has become easier. "T.he late law," says the Courier and New York Inquirer of the 17th, " has already had its effect on the money market in causing a slight reduction of the banking accommodation. although the capital of the city banks has increased more than a million and a half since Jane last." The returns to the 13th in continuation of those to the 6th, which we published on Tuesday, are as ham We copy the paragraph entire, because in the hams, return there was an omission. The following km summary of the returns of 54 banks, August and of 55 banks, August 13: Loses. Specie. Circulation. Deralb. dui, Aug. 6 .. 97,899,617 9,746,452 9,510,465 68,410,756 Aug. 13 .. 95,562,277 10,654,618 9,451,945 68,166,712 Isere's° 908,188 Dams* .. 2,337,340 58,820 244,044 .The reduction of loans, therefore, which is not likely to be continued with an increase of specie, and an insignificant reduction of deposits, was lees than a fortieth part of the whole advance, and, though enough to make • tight money market, wholly in sufficient to account for the great rise in the rate of interest, and the great want of money which some persons experienced. .To explain the comparatively easy money market of New York after the banks had lessened their ac commodation, we must quote some other facts. On the 12th ult. one of the usual packets from California arrived at New York, and she brought on freight 537,337 dole. gold dust, and in the hands of passen gers 500,000 dole. The remittances on freight— whatever might have been the destination of the sums in the hands of the passengers—were intended either to purchase more goods or to pay for goods already purchased, and is either cue would relieve the class of traders already straitened for money by their large dealings. In fact, the stores of the banks were swelled by 900,000 dole., and they exercised a beneficial influence on the mar ket, less u being so much gold than as being payments for successful adventures or re mittances to purchase some portions of the goods which the importers had introduced so largely. Ao- oordingly it is stated of the foreign dry goods market at New York of the week ending August 18, " trade is regular and satisfactory to the importers generally ; the sales are constant notwithstanding the situation of the money market, the returns at the Custom house, or the foreign news. Prices are Win good, and despite the croakers and panic -makers the dry goods dealers go straight forward without fear or trembling." . . The packet from California brought intelligence of very active markets at San Francisco, which, backed as it was by the remittances, had as much influence on the money market as the gold itself. " Business," said the last report of July 14, " of all kinds has been quite brisk to-day, and the appearance of our principal thoroughfares remind us of the good old times of '49 and '50." All the late reports from San Francisco show a great revival of trade after a tem porary depression. Rising prices and slenderly sup plied markets were the rule. The weekly review by the Alta California of the 10th of July begins : The importations of the week have been moderate, and of some leading articles in large demand, light, which has en abled receivtn to obtain beggar prices than had before been ruling. The last advises received from the Atlantic coast and South America were of mach a character as to have a good etTect upon our markets, which hat already been shown in the manifestation of more confidence than has pre viously characterised operations. All that must have been very encouraging and assuring to the trade of New York, which has ex. ported largely to California, to the bankers, and the monied intereet of that city, and accounts for the case of the money market, notwithstanding the prudent reduction of accommodation by the banks. Another fact, not without a momentary influence, was a reduction in the amount of deposits in the sub. treasury at New York. On August 6, the amount in the sub-treasury was 8,406,000 dollars, on August 12 it was 8,607,773 dollars, and on August 13, 8,000,000 dollars. On the 13th, then, the payments out of the treasury had exceeded the payments into it, and this fund, as we have already described it, like the deposits of our Government in the Bank, varies with the Custom-house receipts, and the pay ments on account of public services. As the revenue of the States, however, exceeds the expenditure, the fund has latterly accumulated rather feet, and the law will only allow of the accumulation be ing in the precious metals. We explained, on Tuesday, that it was the large demands of the mercantile classes—the vast amount of busi ness in New York as in London which occasioned the rise in the rate of interest there, as a similar demand occasioned a rise here, and we have now explained that the market has been relieved by the arrivals from California, replacing with a profit a consider able portion of the capital employed in supplying the inhabitants of the gold-producing region, and by the generally improved prospects of that trade. There is, from the great demand for capital, a permanent tendency to a rise in the rate of interest, but it is continually checked by the returns for successful ad ventures—a healthy trade, though subject occasionally to be overdone by individuals who get temporarily in difficulties. Over the permanent tendency, and the temporary difficulties, the laws of the State of New York for publishing the bank accounts weekly or quarterly, and the gradual accumulation of money in the public Treasury, can have only very slight in fluence. The demand for capital and the compara tive scarcity of money, whether in London or New York, is the consequence of the prodigious activity of trade. Premising that the figures above given are copied correctly from the Nero York Courier and Inquirer of the 17th, we shall now lay before our readers the account which the Tomes' City correspondent of yester day gives of the change in the New York money market : The advice* from New York this week confirm the cor rectness of the anticipations that an improvement in the stock and moneymarket would occur immediately after the new law regarding the publication of weekly returns by the banks should have come into operation. Although the pressure (or accommodation was still great, there bad been a marked restoration of confidence, and in many de scriptions of speculative securities a recovery of about 3 or 4 per cent. is observable. The returns just issued of the 35 New York banks show a total airman don of 11,500,0001., end specie to the amount of 2,150,0001. The contraction effected within the week pre ceding their publication was equal to 6.50,0001, and the fact that in the face of this sudden movement not a single failure has been announced, either among com mercial firms or at the board of brokers, is referred to as furnishing strong evidence of the general soundness of the trade of the country, of which also there is another indic►- tion in the excess of the imports of specie over exports since the commencement of the year. With regard to the deposits of bullion in the sub•treuories throughout the Union, a statement just made up to the 26th of July showed the amount at that (late to have been 22,896,306 dela., or about 4,580,0001., and a steady inereue hue sub sequently taken place. _ . 1 From this we apprehend our readers will discover that there is little reliance to be placed on the money article of the Times. THE EXPRESS, FRIDAY EVENING. SEPTEMBER 2, 1853. RUSSIA AND TURKEY. Since our last publication, we have received further communications from Constantinople. None of these, however, are of more recent date than the 18th ult.; all are written before the decision of the Coun cil of State wu knows. The best informed of our Anansopearies, here and on the continent, are in ebe imp predicament. The state of information reonadeg the Esstern question, here in the west, is thorn ere thi s: —On the strength of a telegraphic dieratch received at Vienna, it is believed that the Otesesan Conseil of State has adopted the last reloa ds. et the Vienna proposals, with "slight modifica dos." A copy of the Dote, embodying these pro rtand of the modifications required by the ' has come to hand. But the circumstances under which the modified nose was adopted, and the exact time at which it was adopted, have yet to be learned. Apparently the decision of the Council of State was taken toe late to admit of anything being forwarded by the last despatches, but the note itself and the proposed modifications. We are therefore necessarily igoorant of the effect which the decision of the Council of State has had upon the public mind even at Constantinople, to say nothing of the provinces. This is a consideration which the limes, and other journals in the intermit of Kuria and the other despotic powers, have seen fit to leave out of account in their attempts to bully the Porte into an unconditional acceptance of the Vienna proposals. They have wilfully forgotten that the government at Constantinople might be willing to adopt the proposals, and yet usable on account of popular irritation. There is a public 'opinion, and in great crises that opiasian is influen tial in Turkey as well as elsewhere. There are moods of every people which no government can safely shock or counteract. In insisting upon the adoption of the Vienna proposals verbatim it lite ratim, the inspirers of the Times might be exposing the government at Constantinople to the danger of insurrection. This renders the vulgar and virulent diatribes against the Porte, emitted on the assumption that it would sot adopt the proposals without modification, more disgusting and contemptible, if possible, even than they would otherwise be. Of all our additional Constantinopolitan corres pondence the following is the only one that seems to merit publication : " CONSTANTINOPLE, Atm. 18. " I must recapitulate, in the first place. On the 11th inst., we received here the intelligence that Russia had accepted the proposals of England and France, transmitted by Austria in the name of the four powers. The news was confirmed a few days later. Since then several councils have been held on the subject by the Ottoman ministers, and the Coun cil of State is summoned for this day to deliberate upon it. " A majority of the ministers and members of the Great Council is disposed to accept the proposals. minority stands out upon two points. In the first place, it insists upon an express guarantee of the four mediating powers, which is not embodied in the proposal, though necessarily implied by the very fact of their intervention. The second point will cause less difficulty—it may be evaded by the change or addition of a few unimportant and unessential wards. It arises out of a vapeness of expression in the note, the consequence of hasty redaction. ' "If Turkey were to insist upon an express guaran tee, Russia might make the addition a pretext for reopening the whole discussion; at all events, time would require to be taken to submit it for Russian assent, which would render more despatches and ne gotiations necessary. But if the Porte adopt the proposals as Russia has done, and at the same time addresses to each of the powers a note stating its in terpretation of the vague phrase, and assigning as the reason of its acceptance its moral certainty of the guarantee of the four powers, the solution of the difficulty will be complete and final. " The prevalent opinion is that this will be the course adopted, and that the Sultan, who inclines decidedly to peace, will use every . effort to arrive at this solution. Still parties and individuals in the council will look to the preservation of their popu larity and the gratification of their ambition. The debate has been animated, and may possibly not be concluded at a single sitting. " There is a general sense of soreness here at the powers having substituted by anticipation their last proposal for the Turkish note of the 23rd of July, which is in substance the same, and which also omitted to stipulate for an express guarantee, which the war party insists upon ; using the omission, which it attributes to Reschid Pacha (under the in fluence of Lord Canning), as a means of ruining that minister. The oppoeitiun to the proposal of the ministers hu also this end in view. But a short time will elapse after the decision before there is a modification of the ministry. The fall of Reschid Pacha is probable • and, if it take place, Mehemet Ali and perhaps lilted Effendi will take office. The predominance of the national party—represented principally by Mehemet Ali and Mahmed Itashdi— would prol . ,Ably leave Mustapha Pacha provisional grand eir.ier, as he is personally obnoxious to none." We read in the Pairie: A correspondence from the borders of the Black Sea, of the 181 h, announces that the %owls forming the fourth divisioq of the Hessian fleet had all entered Sebastopol, with the exception of four small ships appointed t j watch the Caucasian coast. The sea had foe aer e rnl d a y s b een covered with a thick tug, which made navigation difficult." FRANCE. PARIS, THURSDAY EyRNING. The high pries of ceso excites more attention to day than it has hitherto done. 1 was led into an error yesterday when I said that bread had risen 10c. It was so stated in several French newspapers an d in GsGgaani, and moreover it was notorious, ,thaf according to the prices of corn and flour, a rise In bread must necessarily take place, unless the re plating scale should be disregarded. However, it was determined by authority, that the price fixed a fortnight since, namely 40c. the kilogramme for first quality, and 32c. for second, shosld be main tained. When M. Pietri's decree announcing this determination appeared lksj night, the utmost dissatisfaction was expressed by the bakers. I myself heard one say " The Emperor is master, and may do what he likes, but he must turn baker himself if these prices are to continue, for we must shut up shop. The tariff gives me a profit of half a sous only upon the 4 1 bs. loaf, and exp e nses are 60tr. a day . It appears, however, that the hikers are to be cared for. This morning they re ceived the following circular from the Syndical Bakers' Committee: Paris, Aug. 31, 1833. Messieurs and Dear Brethree,—We hasten to announce to you that, by superior orders, the Prefect of Police main tain. the price of bread at 40 centimes the kilogramme for the first fortnight of the monthof September. instead of 43c., which the scale of the last fortnight of August would indi cate. The government has formally promised us that the trade shall receive ulterior compensation for this lees. The Syndics, TALANCIE, LHEURIVI, Faux, BEICIER. This measure is a return to the practice that pre vailed prior to 1823, when the Minister of the Inte rior first ordered that the price of bread should be fixed every fortnight according to the average price of flour during the fortnight preceding. Before that time the government kept a sort of de b tor and cre ditor account with the bakers, and bread was often sold for certain periods below its real value, and again at others above. The public in tut result, of course, paid the full price, but the system prevented popular discontent at particular times. After 1823 it was frequently thought necessary to take exceptional measures to enable the poor to get bread at a mode rate price. It has been usual whenever the ordinary price of the 4 lb. loaf exceeded 40c. for the City of Paris to issue tickets to all operatives and indigent persons applying for them, on the presentation of which the bakers served them at 80c., receiving the surplus from the municipality. Daring the scarcity of 1846 the city disbursed 9 million in this way. I understand the Municipal Council, in anticipation of • similar necessity, voted 3 millions last week, to be used if wanted. But I believe it has been thought better if possible not to re vive a system which gave rise to great abuses. To give compensation to the bakers as now proposed is, however, a scheme thoroughly unsound, and if, as there is now reason to hope, the averages of corn should diminish, the government will doubtless speedily return to the regulating scale. The Bourse has been very heavy today, chiefly on account of the bread question. The recourse to an exceptional measure has produced a bad impression. " Wheat," says the Journal do Rouen, " fell at Bolbec on Monday 10f. the sack as compared with the Feuding official quotations from that place." The Monileur publishes a table of the prices of wheat in the four classes of markets into which France is divided, and which regulite the import and export dutiu. The highest pnce r 27f. 3c. in the markets of Mulhouse and Strasbourg, and the lowest, 18f. 24c., in those of Saumur, Nantes, and Martins. The average price for the wh ole of ?ran'ce is 22f. 65c. At Rennes on Monday last, a gre,rt crowd of people, principally women, assembled in front of the Hotel de Ville, to remonstrate with the mayor on the subject of the price of bread. The mayor pro mised to do all in his power to r. cnncile the wants of the working classes with the exigencies sae the situation. If the credit of semi-official journals were cot greatly shaken by recent disavowals of the Comti stutioneel and Patrie, the following paragraph en the Eastern question in the Paye would be impor- The Turco-Russian question is settled ; but there remains a very important question, which, thank Ood, is not one of peace or war, sad which must not be confounded with the 'air which has just been concluded. This question is that of the future fate of Turkey. The Ottoman empire must net be again gamed to the dangers from which it has jest escaped ; its situation and its rights must be setabhshed in such a manner that as regards it treaties and the law of nations cannot be violated. We be lieve that the Divan itself is seriously engaged in consi dering this fundamental question, and that it has called the attention of the European powers to this point, particu larly se far as regards the inviolability! of the Moldo- Wallach/ma provinces. It appears to difficult that the great powers, after having arranged the most urgent affair by removing all possibility of war for the present be tween Turkey and Russia, and by reconciling a depute full of peril for the peace of the world, should not think of preventing the renewal of these alarming crises. The maim of diplomacy will doubtless be directed to this important subject. Now that the chances of• a sanguinary struggle have disappeared, the really important work is about to commence in the interest of the Ottoman empire, the fate of which is so intimately connected with the peace of Europa. But this work will be accomplished between the cabinets by pacific discussions and diplomatic notes, with out reviving the late dispute, which was independent of this great point, and which in the opinion of every serious mind is now definitively solved. The Ocean, of Brest, of Aug. 29, says : The Ocean squadron, which was to have sailed to-day, received counter orders on Saturday. We are assured that a new order has been received, that it should hold itself in readiness to sail. The first-clam frigate, of 60 guns, the Iphigenie, bas been selected to form part of the naval divi• soon of the Antilles and the Oulf of Mealco. It is mid that this important division is about ti be reinforced. Rear- Admiral Duquesne, who commands the division, will hoist his flag in the Iphigenie. A recent dispateh from the Minister of Marine, received at Rochefort, orders that the three vessels now on the stocks, the Ulm, the Louis XIV., and the Turenne, shall be finished without delay. Screw machinery of 900 horse-power is to be constructed for one of these vessels, and the despatch says that if the existing staff of workmen is not sufficient fresh levies must be made. BELGIUM. 1 beiStifig it hp not aecemary for me to say to then, who have seenilisen that she is intelligent may be discovered at the f pint glaneei it is by more slid titles, by modest and well direfted benefits, by her just appreciation of all that does I b oo ns. to the throve, and advances the civilisation of the D sgioa, that she knows and will know how to establish • right to be at the head of a people eu cicar•aighted and r, grateful as the French. The few words alike eloquent end simple by which the Emperor announced his choice to the nation, worthy of her and worthy of him, is the finest eulogium that can be pronounced on her merits. ,It was then hope, now it is reality. It Is family which consoli dates thrones as well as nations, and it is family virtues which tighten the bonds between the sovereign and his I people, and of the people among themselves. It is in the conviction that this truth, already admitted by every mind and in every heart, will be every day more and more coa -1 armed by facts, that I propose, gentlemen, the health of the Empress. This toast was received with loud applause. During the dinner and until midnight, a numerous band played national airs and various morceaus from well known operas, and the hotel of the Lega tion was brilliantly illuminated. TUSCANY. The Grand Duke of Tuscany has prohibited kis sub jects from subscribing to the monument to Gioberti. THE MEDITERRANEAN. ARRIVAL OF THE RIPON. SOUTHAMPTON, FILIDIIT fdoaxino. The Oriental Company's steam packet Ripon, Captain Moresby, arrived here last evening, and landed her mail under the charge of Lieutenant Barrow, R.N., Admiralty Agent. Her dates are : Alexandria, August 19; Malta, 23; Gibralta, 27. The Ripon brings thirty-four first class, and twenty-five second class passengers. She bring' no political news. The weather during the voyage has been mode rate. Off the Berlings the Ripon exchanged numbers with the Peninsular and Oriental Company's steamer Tagus. Her Majesty's ship Cruizer was at Gibraltar, ordered home. The Valetta left Malta for Marseilles on the 23rd August. DEATH OF JOHN GREGORY, ESQ., GOVERNOR OF THE BAHAMAS. The Nassau Guardian of July 30 thus announces the death of the Governor of the Bahamas : " It is our painful duty to record this evening the melan choly intelligence of the death of our highly.respected go• vernor, the Hon. John Gregory. His excellency was attacked with fever on the night of Monday last, and was considered by his medical attendant, the Hon. Dr. Kirk wood, who was called in on Tuesday, to be dangerously ill. The day after, Wednesday, the fever subsided, and the most sanguine hopes were entertained of his excellency's recovery. On Thursday, however, a change for the worse took place, and another physician, the Hon Dr. Chipman, was called in for the purpose of consultation. The most unremitting attention was bestowed by these gentlemen, who used every exertion that medical skill could devise fsr the recovery of the governor, all of which proved unfor tunately unavailing. lite excellency gradually declined until yesterday afternoon, when he breathed has last amid the regrets net only of his immediate family, but of every member of the community. Immediately on the intent genes being made known, the flag staffs of the government offices, the forts, the various consulates, and the shipping in the harbour, evidenced aigns of mourning, the Bags being lowered half way, and the bells of all the churches a n d chapels being tolled in testimony of the. steem in which his excellency was held. We very sincerely condole with his amiable family in the loss they have sustained. His excel lency's remains were interred at Potter's Field this evening. The tuners' prat-anion left Government•house at six o'clock. The body was carried into Christ Church, where a portion of too burial • was read by the Venerable Archdeacon Trew, the remainder being performed at the grave. Minute guns were fired from the Water Battery, and the bells of Christ Church, St. Andrew's Presbyterian Church, and all the other places of worship iu town, tolled solemnly as the mourners passed along." THE INSURRECTION AT TORTOLA. A brief notice of this affair, received by the Magdalena, appeared in yesterday's E.rpress. The fol lowing are more ample particulars : The insurrection broke out on the lit of August, the day fixed for the payment of the rural taxes of the island. This tax has reality been Increased, but the people resolved to resist it, and went in • body to the Treasury, tendering the original amount of the tax, which being refused, some dis turbances occurred, and several of the ringleaders were taken into custody, fined, and put into gaol. The people thereupon assembled together and rescued the prisoners. They then broke into open revolt, took possession of the town, and burnt it to the ground. Roadtowo was left a mass of ruins, and the white inhabitants were flying in all directions. Colonel Chads, President, administering the government, sent to Bt. Thomas's for assistance, and a sailing vessel with troops was despatched after some delay, but they arrived too lite to prevent or modify the excuses committed. At the latest accounts the insurgents had re tired to the interior, and the troops from St. Thomas's had taken possession of the remains of the town. Only one of the insurgents seems to have been killed, and several wounded. The St. Thisitsess's Tines says: ' " We have been furnished with the 6414°111(d list of pro penis' destroyed at Tortola, u far as could be ascertained, allowances will therefore be made for any little omissions or inaccuracies in the statement: _ w In Roed-town—The court-house, totally burnt; the Hon. 1). IL 0. Clordon's house and outbuildings, ditto; Messrs. Buntia's three houses and outbuildings, ditto; Mrs. liarregin's house, ditto ; Min M. Levy's house, ditto ; Mrs. Peterson's house, ditto ; Captain Nibbe's how*, ditto ; Mr. Crooke's two houses, ditto ; Mr. P. Harragia's house, ditto ; the Hon. F. B. Dubois's house, occupiwi by Mrs. A. Waygood as store, the contents of store totally destroyed ; the President's private secretary's once burst, with all the books and records; Mrs. Isaacs' house, couch burnt; Mrs. J. Daly's hones, totally burnt; Mrs- A. limbo's house, ditto ; Mr. J. M. King's house, ditto; Mr. J. Devis's house, ditto; Mr. 0. H. Martin's house, ditto; the late Matthew Richardson's house, ditto; Mr. W. ll's house, ditto; Mr. V. H. Smith's store, ditto; Mr. C. Martin's house, ditto; Mr. W. Roman's house, pulled down ; Mr. Porter's (CAiloniel Secretary) office plundered and destroyed; Mr. Ilryea't (Treasurer) private house, ditto; Mr. Amey's house, pulled down; Mr. Webb's house. aitto; Mr. p ickerises house plundered and des frayed ; Mr. S. NI olinsun's house, ditto ; Elise. and Ann Lawson 's house, brans. Houses by rut down 25 Houses P' .undered end destroyed -32 " Lin of boo , reported to be burnt and destroyed in the country :- -The Hoe. It. o Pedder's house, plundered end dilator A ; the Hon. J. G. Gordon's house, burnt eda y down; the H on . F. B. D u b o i s ' s ho use , pl un d ere d an d desire Mr. W. H. Shaw's house plundered and des troyed . ir. John Davies' house, burnt down; Mrs. Mac ke" boy ate, plundered and destroyed. BRUSSELS, WEDNESDAY. Last night printed handbills of an incendiary character, calculated to excite disturbances similar to those at Liege, were scattered about the streets of Ghent. The artisans and peasants, however, who picked them up, hastened of their own accord to de. posit them at the police bureau. I sin enabled to state that the Belgian (per the Noe Fork lirriad.) I govern. Inuit are firmly resolved not to accede to the demassl We learn through our exchanges, and by telegrfr of certain persons who are clamouring for the prohi- phic despatches, that the High Court of Errors and Ap bition of the exports of corn, the government War- peals of the state of Mississippi, the court of ltst resort is taming the opinion that the opening of the ports tr , that state, hare decided the question as to the constitutional imports will suffioe to reduce the prices in a sbc• et and legal liability of that state for the payment of the , a w nt i o c i t a i account istoin of t he 0 / I '— t time. We have letters from Odessa stating t - - P tat bonds Ban t ed at co l u or rt o f t hree there are immense supplies in that city —mid% for elected by the people, irrespective of party, has, through shipment. their Chief Justice, the Hon. C. P. Smith, a leading and influential democrat, decided that the five millions of bonds issued and sold in 1838 were legally issued and sold, and are a legal and equitable obligation against the state. We are informed that each of the judges delivered opinions, and opinions so marked with research and ability as to reflect the highest credit upon the judiciary of Mississippi. GERMANY. V I ENN/ Aro. 28. The Russian diplomatist, M. de Fon' ,on, h as b een received with the greatest distinctior i at Belgrade. Two sentinels have been posted at the door of his hotel, and Prince Alexander paid him a state vi s it with great pomp and ceremony. BATTERSEA Piz[ AND IMPROVEMENTS. The Commissioners of Woods and Works having settled with all the parties claiming compensation, the area of the pro posed park has been cleared, with the exception of the British Flag beer shop and a few small tenements, which will be forthwith pulled down. The sum allowed to Mn. Wright, widow of the late proprietor of the Red House, was 11,0001. The enclosed shouting ground can be no longer distinguished, the palings having been removed. The crops of the surrounding land have been cut, and will be cleared off before the close of the week, when the whole area is to be ploughed up and manured. The construction of the Suspension-bridge, which had been stopped for some months, has been resumed. In addition to these im portant improvements the Commissioners of Works have directed their surveyor to proceed with the Thames em bankment, extending on the Middlesex side of the river, from Battersea to Vauxhall-bridge, about 400 feet of which has been already formed. The embankment is to be 80 feet wide, and the elevation will be 4 feet above high water mark. The river-wall will be of highly-tempered bricks with granite openings, and an internal shield of con crete. The estimated coat of the embankment is 100,0001., exclusive of the expense of the northern approach to the Suspension-bridge. On the Surrey side a vast number of detached villa residences have already been commenced. MANCHESTER AND SHEFFIELD RAILwAY.—The meeting on Wednesday concluded by a vote for putting an end to tree passes to the meetings. The motion was cm , Tied by a majority of 610 personal votes, which was swelled by prolate int 3,314. IYEOVIL RAILWAY.—The line between Yeovil and Thirst= is to be opened before the end of the month. GREE'jE. The Obserraleur of Atb ens states that the anni versary of the fete of the 'Emperor of the French was kept in that city with great eclat. A "Te Deum " was sung at the catholic church, at which, in addi tion to the members of the French ligation, all the ministers and the heads of the different administra tions were precerVc. In the evening a grand banquet was given by Boson Forth-Rouen, the French minis ter, at which the Greek ministers, the corps diplo matique, the officers of the French vessels on the station, and some French officers in the Greek ser vice, were invited. At the dessert M. I'aicos, the Minister of Foreign Affairs, proposed the health of the Emperor, which was drunk with loud applause, to which the French minister replied by proposing the health of their Hellenic Majesties, which was also received with due honours. Mr, Wy se , the English minister, then proposed the health of the Empress, introducing it by the following speech: filonskur is Baron and Gentlemen—You have ju-t given AN a toast the health of the Emperor ; l am happy in having the honour to unite with it a name which ought never to be separetek from it—that of the Empress. That she is TO E STATE OF MISSISSIPPI.-IMPORTANT DECISION. gtit Court. DUBLIN, lixotme 31. Yesterday morning at half-past ten her Majesty and Prince Albert, with the I'rince of Wales and Pilate Alfred, left the Viceregal lodge, escorted by a detachment e : cavalry under the command of Major • Foster of the lOu Lancers, to pay a visit to the Dublin Induatrial Es upon ~rriving within the building an address was pre sented to her Majesty from the Exhibition Committ ee by Mr. G eorge R oe, chairman of the committee, Lord Talbot de Malahtde, the George liandcock, and Mr. William Dupe, who were peree „:ed to her Majesty, and had the honour of kissing hands upod the occ..sion. An address was al s o p r esen:ed to Prince Albert. Her Majesty and th e Royal ; orty then went round the building, and upon returning to the central hall a loyal address was presented to her Neje. 'Y on behalf of the Corporation of Dublin, by the Lord Marr. Mr. Kinahan, c a inori, nelMr . . Fhorawnecrie pr Francis Cod me d, n a tc n d d b to lr. h .l e o r se i f ia j h es o t y y ,: ti awl bad alsoe, Town Coon • the honour of kissing hands. Prince Albert afterwards received an address from the Corporation of Dublin. In attendance upon her Majesty were the Lord Lieutenant and the Countess of St. Germans, the Duchess of Welliagton, the Hon. Mary Halted, the Earl Granville, the Marquis of Breadalbane, the lion. Colonel Phipps, the Hon. Colonel Grey, and the Hon. Culmel Gordon. In the afternoon, her Majesty, Prince Albert, with the two young Princes, and the ladies and gewlemen of the suite, drove to the residence of Mr. William Dargan, from whence an extensive view of the surrounding country is obtained. Mr. and Mrs Dargan received the royal party and had the honour of pointing out the principal objects of interest. The following had the honour of dieing with her Majesty yesterday :—The Earl Granville, the Duchess of Wellington, the Marquis of Breadalbane, the Earl of Cardigan, the Earl and Counteu of Miltown, the Earl and Countess of Erne, the Earl and Countess of Donoughmore, Viscount and Vis countess Gough, Viseouat St Lawrence, Lord Adolphus Fitsc!mance, Lord and Lady Rusamore, Hun. Mary Bul teal. Hon. William Eliot, Sir Juhn and Lady Young, Sir Edward and Lady Blakency, and the Lord Mayor. Viscount and Viscounteu Palmerston ar►ived at their residence, in Carlton-gardens, on Wednesday cycling, from Melbourne, Derbyshire. Despatches were received at the Colonial-office yesterday from the Governors of the West India Islands. Despatches were seat to the Governors in the West Indies yesterday. THE QUEEN IN IRELAND. (PROM OCR OWN REPORTER.) WEDNESDAY. The portion of time which her Majesty gives to her loving subjects was this day divided between the E :hi bition building and the Phonic Park, in the former of which the royal party gave the various of of art, pie ' torial and otherwise, a minute and careful inspection ; and in the latter bore patiently the pitileu pelting of the rain for a couple of hours, while the garrison, aided by a large contingent from the provinces, went through a series of beautiful evolutions on the well-known Fifteen Acres. From an early hour a considerable number of persons had assembltd opposite the building in Merrion•equare in expectation of witnessing her Majesty's arrival, which was generally understood wuuld take place about ten o'clock, while the chairman and the members of the committee had posted themselves outside the principal entrance for the purpose of receiving her Majesty and conducting h e r through the building. The Queen, however, took them and the public rather by surprise, having driven direct to the Royal Dublin Society House, where she was received by Mr. Belshaw, of the Bydenham Crystal Palace, and pro eeeded into the building throws!' the private entrance be• fore the committee were aware of her presence. Her Ma jesty left the building at twelve o'clock in the manner she had entered it, having remained just two hours. THE REVIEW. In the afternoon all Dublin, and the 100,000 visitors who had poured into it from all parts during the week, were all agog for the Fifteen Acres, for the purpose of witnessiog the most popular of all spectacles in Ireland— s grand military review. Many causes contribute to form this national predilection. In the first place, a military taste has been formed by the constant presence of a large garrison; and, secondly, the manteuvring ground is admir ably adapted for the safe performance of rapid and brilliant evolutions. The field is popularly called " The Fifteen Acres," probably from its original dimensions, but by de grees it has swelled into a vast plain of two hundred and eighty, as level as a bowling-green, and covered with an elastic turf that contrasts favourably with the rugged scrub of Chobham, or the hard, dusty surface of the Champ de Mars. Only one drawback exists to its perfect fitness for the purpose Mundt!. !. Its contiguity to the Dublin mountains, which form an im. posing hack ground, makes ft ' a rain belt.ved land, over which clouds are continually hanging, and the moment the guns begin to fire down comes the rain in torrents to the infinite discomfort of the officers and troops. The spectators, however, are in no way inconvenienced. They expected the rain as a matter of course, and come armed with imbeciles of all varieties of pattern, and on feeling the first large drop, expand such an ocean of convex calico, as probably weld hardly tie exhibited anywhere else in the world. The crowd yesterday was immense, but most ' orderly and cheerful. Her Majesty was exceedingly well received on her arrival, and remained patiently to the end of the evolutions. Her Majesty appeared to be particularly struck with the successive charges of cavalry, which were magnificently executed, the horses coming up at full gallop, as if about to sweep everything before them, but stopping at the very wheels of the royal carriage, with all the suddenness and precision of machinery. The troops reviewed were the Royal Horse Artillery, one troop (6 guns); Ist (or King's) Dragoon Guards; 11th (Prince Albert's Own) Human; 17th Foot; 63rd ditto; 46th, 21st, 91st, 90th, 16th Lancers; 2nd Dragoon Guards (Queen's Bays); and a field battery of the Royal Artillery, with six guns, in all about 6,000 men. This order differed slightly from that observed at her Majesty's former review, in 1849, the heavy cavalry having been then concentrated on the right, and the light on the left. The whole were under the command of Lieutenant-General Sir Edward Blakeney, Major-General Cochrane being general of division, Colonel the Earl of Cardigan commandant of the cavalry and hone artillery, Colonel Garrett, K.H. (46th), command ing the right brigade, consisting of the 17th, 63rd, and 46th regiments, and Lieutenant-Colonel Macpherson commanding the left brigade, formed of the 21st, 90th, and 91st regiments. His Royal Highness Prince Albert did not command, but received the - Mite on the part of her Ma_ jolty from the troops, when marching past. Her Majesty, Prince Albert, and the royal children arrived at half-put four, escorted by four troops of the Queen's Bays; the Prince being mounted, and wearing the uniform of Field Marshal. On the royal carriage taking its stand at the flag-staff, the entire line gave a royal salute, with colours lowered, the bands simultaneously performing the National Anthem. The royal party then proceeded to the right of the line, and reviewed the troops on the extreme left, re turning to the flagstaff; when the line broke into open columns of regiments, right in front, and marched back, the Horse Artillery and Cavalry in slow time, and the Infantry and field battery in quick. The Horse Artillery and Cavalry then rode past in quick, and also in double time ; the Infantry meanwhile forming for the commence- ment of what may be called the business of , he day, or sham battle, the enemy being supposed to advance from the direction of the front line of the mass of the spectators. The manmuvres began by throwing out the 90th Light Infantry in skirmishing order along the whole front of infantry, with their own proper supports and reserve, flanked by a squadron of the 11th Hussars from the right and of the 16th Lancers from the left. When the line of skirmishers had advanced half way they commenced firing with a volley, followed by continuous advance, with the peculiar dropping fire of skirmishers. Meanwhile the infantry had formed line of battle with the three regiments of the right brigade, while those of the left were formed in close column in the rear, the cavalry at this period being similarly held in reserve. The advance of tke skirmishers being sup posed to be checked by a brisk lire from the enemy's front, the artillery opened fire from the right and , left of the infantry line of battle, under cover of which the light infantry retired and rejoined the left brigade in the rear. The line of battle now advanced and opened a rapid file firing, supported by the artillery on right and left, realising a perfect picture of a general engagement. On the order " cease firing " being given, a troop of 11th Human from the right, and of the Lancers from the left, " swept the plain " with sword and lance in magnificent style. Meanwhile, the left brigade had formed line-af battle in the rear ; and on the retirement of the right brigade the word " form four deep " given to the former allowed the latter to pass in beautiful order between files of the former, when the left brigade advanced, supported by artillery, as the right had been, and opened platoon firing, the cannon pealing on either fisnk. The enemy, however, were supposed to ad• anee notwithstanding, and the regiments broke into open column of companies and retired, the cavalry dashing forward to the front from right and left to cover the retreat, and charging by regiments successively by the right, a rather unusal and pleasing variety, when they likewise retired, under coverof artillery, and by squadrons. On reaching the battalions of infantry they suddenly re-formed line, and exhibited the 1 -- ;77 .. ""'" i " formance of • charge of the whol e li ne i n splendid tst;e. The cavalry then rapidly retired, the heavy restimint s On . the right and left flanks its line, and the light cav airy by aqua 'rose, pluming thus between th e co l umns of the two brigades, which were now advancing cutj .iutl e Just as the cavalry had reached the rear o f the column-a. the later were supposed to ho sudder.ly aurpri se d b y the advance of the enemy's horse, and instantly prepared to receive cavalry," by forming the impenetrable British squares, that so materially helped to aohieve the glorious day of Waterloo, supported, of course, by artillery. On the squares " ceasing fire," the cavalry again charged from the tu.r, the heavy regiments which were on the flanks of th e column returning, as they had retired, in line, and the light cavalry regiments executing a compound movemeat, o f passing through the columns of infantry a n d f a lli ng wit h me line of the heavy regiments, and charging with them al. most simultaneously, in most brilliant fashion. The Charg e was therefore necessarily not quite so symmetrical as m e preceding, but was if possible more ably executed. Th e troop; then formed in contieuou, column. as at tire, ad. Tanned, playing "The British Grenadieri," and saluted the sovereign with colours lowered to the ground, the band, playing " God save the Queen." The gallant veteran, Sip Edward Blakeney, then advanced, end r ece i ve d t h e ex. presaion of her Yiajesty's gracious approbation of the ap. pearaece and performance of the troops, and the various fax Ilion. The abate regiments marched for their barracks. f ar the the 'Le fl t :- s m a g a 7 One of the very inte.'eding features of the day's pro. ceedings was the pie,:tire presented of the juve. nile branches of both naval and military se t . •rial approha. hand, and played A ste r , t in ya t e h b e ti p: n rso d persons t o b f e the bL y i o s u po r. o ,: ,it a t t: t i ,n l i o e rs ni o elibernis military ,asthweeyretooackcoump accompanied by thci.: latterT Sc h h e w l " British Grenadiers" with immense v:irour as they p ane d to perle e ei na, all tP the m aer o ry s f t ‘mn u e oab al ong , ptg icesolaci n g a w n i b e e n c u approved were d tion were the nemendous rapidity with •hie..h the great guns were moved about, the charges of the cavil." , and the beautiful marching in column of the 90th [debt . I nfatary, all of which the people fully appreciated, and distinallithed with a quick perception. Iler Majerty appeared terested in these brilliant evolutions, that she stood ist.' ia the carriage looking on, seemingly regardless of the Tao, which had been falling all the time, end from which Am was only sheltered by a small umbrella. The rain new, however, began to come down so last that the Lord Lieute nant recommended the tops of the carriages should hector e d . . down, which was done accordingly ; but five minutes h a d scarcely elapsed when—although the rain had n..t in the slightest degree abated—they were again opened, and her Majesty stood up, wearing a plain dark brown hood. lier appearance in this simple covering was very interes'ing and attracted muck attention. Before the skirmishin g h em Prince Albert, followed by hie equerries, rode into the field towards the troops, and during the entire review he was either engaged in pawing amongst the various Neiments riding with Sir Edward Blakeney. The rain continuineto come down heavily, the Queen directed one of the outriders to carry to the Prince his over coat, but the messenger soon returned with the coat, his royal highness, doubtless, de. 'lining to wear it while the troops and officers on the field had no other covering than their uniforms. When the re view had terminated, he rode alongside her Majesty's car riage to the Viceregal lodge in torrents of rain, wearing merely his uniform. On leaving the ground at half-past six o'clock the Royal party received a parting salute of 21 guns from the field batteries of the Royal Artillery, her Majesty and 11.11. R. Prince Albert having expressed themselves highly gratified at the splendid appearance and high state of discipline pre. sented by the whole of the troops reviewed. The Royal party left the ground in the same order as they entered it; and as her Majesty and the Prince passed thriugh the avenue of the lark towards the Viceregal Lodge they were loudly and vehemently cheered by the crowds, who in spits of a wetting rain, were determined to me them after the review. It was sarprising to observe with what exemplaty patience the most delicate of the fair sex endured the dense rain that fell from the time the review commenced, and c , ntinued until a late hour in the evening, and the vast concourse that passed from the review ground into town was the subject of great observation. Hour after hour elapsed, and still the line remained unbroken, and it was wonderful ilia with such multitudes there was not a serious list of casualties. During the review one of the dragoons fell, but was not seriously hurt ; but a lancer was also thrown, and was removed from the field with, it was stated, a broken leg. Amongst the company present on the grour.d were Admiral Lord Adolphus Fiteclarence, Commander of the Victoria and Albert ; Lord Gough, Lord Naas, M.P., Lord ?slonck, M.P., Colonel Taylor, M ' Lord Telbot de ?Isla la hide, Sir Edward M'Donnel, Hon. Captain Lindsay, Col. Jackson, Lieut.-Colonel Arthur, &c. Colonel Brown directed the movements of the metropo litan police, who kept the ground, and was especially cour teous to those whose duty it was to provide fur the absent public a detailed account of the proceedinp. The following are the arrangements tor the rlyal move ments this day and to-morrow, as far as has been ascer tained. It is understood that her Majesty and Prince Albert will pay another visit to the Exhibition this morning, at nine o'clock. The visit, like that of yesterday, will be private. . . It is stated to b; the intention of he;Majesty r andler royal Consort to proceed on a visit to Powerscourt to- morrow, should the weather be favourable. In that event the royal party, it is understood, will leave the Viceregal Lodge, en route for Powerscourt, at about two o'clock. It has also been arranged that her Majesty and Prince Albert will honour the Earl and Countess of Howth witha visit at Howth Castle on Friday. STRIKES. THE LIGIITERMEH.—Yesterday, the men on strike again assembled at the Bell Tavern, Thames -street, and a deputation from them proceeded to wait on the spokesman appointed by the master lightermen, to see if they could come to terms. On the part of the master lightermen the deputation were given to understand that whilst the men maintained their present attitude, the masters declined all negotiations. Let them return to work, and the masters were willing to go into a discussion of the matter, and to effect, if possible, a settlement of the question. At the same time, though no positive undertaking was given, the master lightermen wished it to be understood that they did not object to increase the pay for night-work to 35. Gd. At the same time it was stated that arrangements had been made (io the event of the men holding out) with the Watermen's Company to throw open their privilege. The men, however, would be satisfied with nothing short of a positive promise ; and last night the strike still continued. Tits CARPENTERS.—The men on the firm of Mr. W. Jackson have come to as amicable arrangement with their employer, who has consented to give them the advance. Another employer, • Mr. Frening, has not only given the men the advance, but joined them in promoting the move- THE HALFPENNY BAEnEits.—The whole of the half penny barbers at Somers town yesterday increased the.r charge to a penny, and this day the movement will be ge neral throughout the metropolis. SHOCKING ACCIDENT IN A FOUNDRY. A ead occurrence took place at noon on Wednes day, in the Irwell Foundry, which is conducted by the exe cutors of the late Mr. Samuel Ellis, of Manchester. Two young men, named William Reece and Robert Evans, were engaged at that time in moving a masa of iron, weighing five tons, in one of the workshops, by means of a travelling crane 20 feet above the floor, when one of the balks of tim ber supporticg the crane sudden:y broke in two, causing them and the machinery instantly to fall upon the floor below. Reece, who was about twenty-one years old, fell head foremost, and was found to have sustained a fracture of the skull and a fracture also of the right arm, from which he died almost imme diately. Evans, who was 17 years old, appeared to lie la bouring under a severe concussion of the brain when taken up by his fellow-workmen, and a surgeon was sent for. but arrived too late to render assistance. The unfortunate youth died in about 10 or 15 minutes after the occurrence. Aw inquest was held on the bodies of the deceased on Wed sesday evening by Mr. G. 0. Rutter, deputy-coroner, when it was stated in evidence that the balks of timber on which the crane was supported had iron tie-rods running under neath them longitudinally, which had been placed there to strengthen them. One of these tie-rods, at its junction with the' timber, near one end, had broken, owing to an old fault or partial fracture which had not been observable to outward inspection, and this led to the balk of timber in stoutly snapping asunder underneath one end of the crane. James Stephenson, a workman, who was present at the occurrence, told the jury that the whole weight of the five tons of iron was not on the crane at the time. They had been turning the piece of iron over, having lifted up one end only, and had nearly completed their task when the apparatus gave way. They had lifted the same piece of iron with it three weeks before, and had once raised a piece machinery with the apparatus weighing ten ton•, so that they bad no suspicion of danger on the present occasion. He said the wood was perfectly sound, hut it would not be of sufficient strength without the tie rods. A witness, named Nathan Smart, said he was on one end of the beam when the tie-rod snapped, and had only time to step off upon a platform before the beam went down. The evidence generally went to show that the occurrence was purely accidental, and the jury found a verdict t- that I effect. LANCASTER AND CARLISLE RAILWAY.—Tho half yearly meeting of this company was held in Carlisle, on Wednesday ; Henry Howard, Esq., in the chair. The Secretary having read the report and the accounts, ab stracts of which have appeared in this paper, the Chairman moved that they be approved and aaopted. Mr. Heed seconded the motion. A short discussion ensued upon several items in the accounts, and several questions asked, which were satisfactorily explained. The report and ac ' counts were then adopted, and the dividend of 2/. per whole and 10s. 10d. per third share formally declared. Messrs. O. W. Hsaell, W. Garnett, and W. Jackson, were re elected directors ; Mr. Brathwaite was likewise re-elected auditor. After a vote of thanks to the Chairman and Board of Directors, the meeting separated.