The Express. — London, England, 1857-11-04 00:00:00

Pr - DAILY Mat X LONDON MORNING E l LAW:P=lis a "= " .........4 al did diril=lrlde "" iiilill 2 4 . =2 .1"."1. OWINIrd la dr dlr. =Odd ma rdaddr did did . "Zi= tie/ az a in Z ig w niis WI Tint, Mie mom IV_ si . ._ =CV ADVIETI2_IIIM ., . I =ra ftL e • Waal= d 111 is WY MOM t it all je... ... ....Mt b di i da al t ea ds E. S .:r derAna L le mob a .4 ralrir:s..w. odd W W Cps Oxpreoo. Iftrilmillilier*Bria7lhoThilless. - —7— *;6B - Fudes 1001.. Ofts. le. brawriorinA, * Two ieo.* os *a ilat el plibill*. MATILISS/. TVs Own TIM LOTS CRAM NW IWO BIM Tli altrUTI 'ITS Ns W. ',viva.; Mr. Ira ?In lbw**. JAVIER TOO7rIT --Aa4 TEE ?ESPRIT. M. C. Rms.-Dom win al Inifirlll. WWILLOV. .717 1% 2 i nir wo lis aszo. °m "litrltlildemb isd P". 2111 DI/MICK Emma Wiidonni. NJ W. R. Mee; Mime Rowse sod Joissior —Ovarian M holl-WW • NIGH DATED AT LONDON MOOR. is DAT—llinly, S. 911.......-....likinaeft 116 13 .. }ire—ilimillia 111,415--..........Ari1. N. to.. LONDON, IVEDNESDA7, NOVEMBER 1. Tyr recent important rise in the teed*, in face of a continued and severe monetary me m% has eli cited exclamations of eurpriae, even from pencils who are generally too well informed to fall into the • error of underrating the extent of the national re sources. These persons argued that the price of Consols most necessarily be regulated to a consider able extent by the value of money, and that the supply of stock which would be thrown upon the market by bankers and other parties in absolute need of money would infallibly keep the price dram to a point lower than any witnessed of late years. The result shows how shortsighted were these views. The public hare availed themselves of the recent fall to invest to such an extent as nearly to clear the market of the supply of stock afloat. In addition, they have absorbed large quantities of Government stock deposited in the hands of the Stock Exchange dealers as security for loans obtained at low rates by bankers, who themselves find ready employment for the money at high rater. Through the support ac corded to the market by investors, bankers and other dealers in money are at present under no ne cessity of selling their stock, since they can, if they like, borrow money upon it at a very moderate rate— d course reserving to themselves the power of ulti mately selling either the whole or part of their stock, as they may find most convenient. During the entire duration of the loan, be it remembered, the banker who borrows upon stock remains entitled to the accruing dividend. We will suppose the ease of a banker who borrows at 3 per cent. on Consols for a month, and employs the money at 8 per cent. in securities maturing in about the same period—a double operation which has been perfectly practi cable during the last fortnight, and which has been actually carried out in numerous instances. On the money employed the banker will receive at the rate of 11 per cent. per annum—viz., 8 per cent. plus 3 per cent, per annum dividend. On the other hand, he pays 5 per cent. for the loan of the money raised on his stock ; so that the result of the operation is his deriving a return at the rate of 6 per cent. per annum free his Consols, instead of 3 per cent.; and at the end of the period for which the loan was made he may either renew it, if the general condi tion of the market remain the same, or he may sell the stock outright, or pay off the loan and keep the stock. In the latter ease, he of course re semen his original position. Should the public continue to invest as eagerly as hitherto, the position of the banker who holds stock might become still more advantageous, for he might be enabled to borrow money upon his stock at a still lower rate. The fact that advantages like these are occasionally presented to holders of stock mists hs explaining the policy of bankers in keeping a eon inderable reserve of money in this description of se curity. The dividend, it is true, is only 3 per cent. per annum, but the security can at all time, even the most extraordinary, be instantly converted into money : and if monetary pressure or political con vslaiot" is supervene, the wary banker has only to bide his time, and to refuse to sell at a sacrifice, in the midst of the first rapid fall in the value of all classes of securities; for be may rely almost with cer tainty that the delay of a few weeks will induce such an absorption of stock at the reduced prices by the public, that the cry of the Stock Exchange dealers will Infer more for stock than fur money. That is the time when a banker may step in, as a borrower of money upon stock, and find himself in a position of real advantage at the very moment of need. And here we may remark that similar advantages are presented, though of course in less degree, to every holder of Government stock to any considerable amount. Our principal object in drawing attention to these (as they may almost be termed) minutia. of the Stock Exchange and of the money market, is to point out how readily the coaceeled but inexhaustible spriag of the national wealth gushes forth from the sinshaken rock of public credit at the touch of necessity. During the last two ar three weeks the fall in the funds has led to a species of invasion of the City by Menton. Brokers in geed practice have been seen entering the Stock Ex change with long lists of names for the owners el which investments are to be made, the anscants 'say ing in each case from fifty pounds to thousands. The clam of small stockholder, must undoubtedly be rapidly increasing, for of late year, there has bees • constant demand for stock—not for speculation, se in France, but for lon,i fide investment—on the part of what we have beard called the lower order of the middle clue." Humble trader men, either in or retired from business—men whose homely appearance would sever he associated in the mind of en observer with the remotest idea of Con- sols—trudge into the City now-a-days and, to the amusement of the broken, ask " what they will " have to give for • quarter or halt a hundred of " Consols," as if the subject of conversation were I coals or groceries. The tenacity of these investors is proverbial ; the stock, once bought, reTET re ap pears in the market until the death of one holder induces the necessity of its formal transfer to another equally tensciour. It is through invest ments of this description that money is drawn, in times of national pressure, from the old stocking or the broken tea-pot, and brought again to the light of day and into use. In this way, a great rally in the price of Consols may be readily otea aimed. at a time when the pressure brought to best upon our money market, through foreign influence may be utterly unre li eved. As we have already In . THE EXPRESS, WEDNESDAY EVENING, NOVEMBER 4, 1857. dicated, however, the operations of the legion of investors must gradually induce a sensible diminu tion' of pneoure in the general money market, for the maw which they throw into the Stock Exchange ie ipialy drawn thence for employment in the dis miss( market, if only through the loans obtained by leans upon stock. It seem clear that the funds will never again descend for any lengthened period to the depre ciated prices of by-gone years. The Russian war, with the accompanying rapid creation of stock, was • severe trial to the country, yet the funds, with the exception of an occasional fall of little more than momentary daration, maintained a ratisfactorily high range. The present monetary pleasure, as we see, is not incompatible with • com paratively high price of Consols. Very possibly the late rally may not be maintained; but it is morally certain that any renewed depreciation of importance will bring the public forward again as extensive buyers. Nothing but the creation of • Lap amount of new stock will have power to cause • really serious and prolonged depression, and even in that case the fall would only last until investors had time to clear the new stock off the market. The lower the point to which prices fall the greater will be the stimulus imparted to the appetite of the public for stock, and the depth of the nation's purse really defies all attempts to gauge it. Herein is the true secret of Britain's enormous power. gk erouti. WINDSOR, Nov. 3. The Queen and Prince Consort drove out yester day afternoon, aconcepanied by Viscountess Palmerston. In attendance nee Viscountess Jocelyn, the Hon. Ronnie Stopford, and the Equerries in Waiting. The mines... Royal also drove out, attended by the Hon. Eleanor Stanley. In the seeming the Duchess of Kent, attended by Lady Aognata Bruce, dined with her blajsety. The party also iaclW Vimoont and Vineonatess Prilmenton, Mr. end Lay Pens Willie, end Sir James Clark. The band of the Scots Pallier Guards attended its las Casale, and played daring dinner the following pleats : The Havelock Grad March (com posed for the benefit of the In dun sufferers) Adeline IL Cooper. Overture, " The liohnona Vales, `• Trianon" Selection, La Treviata" Quadri*, "Serenade" Rolfe. ' Her Majeol'e private bend performed in the email:7, the seinnion Overrure—" Die Lnatigen Welber von Wineror" °war et Hartle du Baal Apis (I: Enfant Prodrem) Auber. Finale (3rd Act)—" Le Pre sox Cares" Herold. Divertissement—. Le Prophets" Meyerheer. The Queen end Prism Consort. with Prisms Alice, rods oat to bombers! this maybe. The Hem Eleanor Stan ley, Major-General the Hon. Charles Grey, Mejor•General Beckley and Captain the Hea. D. de Ros, were in atten• data,. The Counter de Manly sad the Dm de Nemours visited her Mere' , at the Castle. Lord and lady Peleterstoa left the Castle in the fivencion for Ledo. Lord ennearse aad tbri Hai. Mortimer &Anne Wen bam swarmed Lord Byrom aad Col. the 800. N. Hood as the Lord sad Groom to Wetting. Viscount and Viaeonstaas Palmerston arrived in London ham Windsor Castle yesterday wombs, sod proceeded in the afternoon to Brottele, }fent', - 13;;;Stri;e: ;;ree'erttitrTe't . the — COleelei-olk• yesterday to the 00V01110,8 at ills Mantillas, C*s, sad How Kam. (PlOll LAST marls °ASTRO Sr. JAWS'S PALACE, OCT. 27.-The Queen has been planed to appoint the Right Remind Father In God, Archibald CampbelL bebop of loreidon, to be Dean of bet 111syvety's Chapel, Royal. Wurren Ocr. 31. The Queen has been pleated to grant to the Right Hon. Charles, Viseeunt Evenly... the annul Ohm of Governer and Captain of the Isle of Wight, sad Governor of Ceriabrook Castle, in the said Isle, In the room of the Right Hon. William, Lord Heytes. bury, 0.C.8., reigns& Fonewm-omcs, Nov. 2.—The Queen has been planed to approve of Mr. J. Lettentadt aa Consul.Gerend at the Cape of Good Zap fit his ldspety the King at Sv!idea end Norway. _ . Dowxmo-sTa:EaT, 0E7.31 The Queen has bees to appoint Charles Rehm., Eel., to be Atte/soy sad :teasel Leamord Tilley, Esq., to be for the promisee of New Brammrick ; Jam C01ie 1 , 16 117471; be Dist ri ct Eltimiatrate he the Wand of Neuritis§ ; Joseph Sherrington, Esq., te be tessemrer, William Quiz, Esq., to Its arisamitamt, for the trosissry department of the laird et Amalgam. The Duke and Duchess of Sutherland hare left Danrobin Castle on a AA to Lord sad Lady Blantyre, at Erskine Howe, Dal Glasgow. The Duchess of Hamilton left Paris a few days dace for Baden. Ilia grace still racialism in Scotland: The Martinis and Marchioness of Stafford have 'rived st VAASA Howe trots LaMaah■n, Shropshire, The Earl and Countess of Ellesmere are expected et larldgevater Roam &boat the 16th last., from Wortley Han, Manchester. The Count Dowager still remains at Ratchford, near Chobhaah Surrey. _ _ The Fiari and Countess of Bective sad family hsve left Underby Hall, Kirby Lonffidale, for the Ledge, Whyte* county Cerra, Ireland. The Countess of Yarborough is expected in town In a fen days, from Manley Hell, Llncolnehire. Tts nines earl hes left Maltby Hell for the Continent. The Counters (Dowager) of Lichfield conies to *wit to-day. from Pada. Lord and Lady Ernest Bruce will leave town in a few days, for Brightos: The i)owager Lady Musgrave arrived at the St. Georp'e He tel, yesterday, frees Leeatiatetua, Nits. General Ilaeelack has left Cologne, with her daughters, and anise is Loudon to-day. She will reside with her brother, Mr. blareltraile, Is Palaa•prdens. The Rev. H. W. Shackell, who has for a short time oflkiated SA ass of the carafes at St. Slary's Church, Bury St. Itimaad'a, has Was appointed Missionary to Agra. - - . On Monday Wt the Right Hun. Et elyn ltenieo • n, the Speaker of the Home of Commons, and Lady Charlene Damn, visited the Botanic Garden, et Bury St. Edmund's, the intimating roads of J. Masan and J Orem% &qrs., In Connelly with BM Jermya, Lord Arthur Harvey, Lewd Alfred Hervey, Lady Augusts Seymour, and some of the junior member, of the house of letworth, when the right hoe. runtligma awl hie lay an on • view The Counter of Durham gave birth to a son yesterday, at 122,_Park•steset, Ororessor-.qrtare. The wawa of the Theatre Royal, Glasgow, wu oporbod os Moeda, eight by the appearance of Mr. Rohm fa NI. Charlotte boadtro, both al whom were mime' with athariamo. The gentlemen connected with the Treasury have wabeeritted 1161. to the India Relief Fund, which sea bee Men heeded over to the Lard Mayor. The IMO belcairiag the fl Diverice of Polk* have subscribed 1121. to the teed. .The Queen of England, in falilossat of a promise rods root Ikea ago, has jur pressradi to the imperial So rry of Agriculture, deltroes, and Arts el Woodman., a husk of Platippa of Plaissalt, nth if Sherd M., bra a rent, beat states at the darn es In Mesh In WV. there Abbey. It Is seemearried by plotographic• n'Pre aenting **tomb, sad the repairs mow bring ash in It, to rein with part of the Chapd of Edward ths Corder°. Mao by •Airaw in the French brenure, drown uP the Ora sif Westminster, describing the tomb. LORD BAOL:GtIAII IN LEEDS.—Lord Brougham, who or to pram& at a aside of the Ilaebriksi Institute sad Larry Satisiji . d .7 Laid• yaohrtry (Tardsy), arrived in that town by tar Terillt on Monday evening. Ile wet seal et he Aram In Leeds by the Mayor (Mr. Briorill), erred ...boot of the tows council, sad ether grallerea. His Issiljp,tarkisthis that be le 79 Trot of *V. op, essod Is be NMI of Idiom and ..itch.. After a held earvemallea with dr Mayor, Mr. Breen, the proudest of the Meshosice Inedtals and literary &misty, and other the hi serrh to ashore his prftelliii In the private carriage of Mr. H. . Mord lagrant he desert of that gestletea• at Implementer, at the orsitirbef the barewsli of Leeds. A select party we. betted to oust the noble load at Templaseassa, wham Is. lordship 111111160il hr the I atilt Oa Turley tonalig W leedship Ara, ha com pany with the Mayer, the writer (lb. Brotriol), and other gestlaman. the Iced Ton-hall, sew la the ow= ef mastructice. and Itseaproord hared much Moroi rids the bedding. In the sdisnean the ark bad horse the greet of the Mayor; in the emit (se we ham rated) be pre sided at the aerie of the WeAsnear larks% sad Iliantry Poetry ; sad os Wednesday 1110rfliftg v win heeh aw Er. Kitson, sad about nooa will take Ms deports, from Leads far Liverpool. CANADA. ARRIVAL OF THE NORTH AMERICAN. (IIT 111111111 tam suorrrto Tasompi.) (nom ova ovrx cosissioxoixr.) LIVZIIPOOI. WIDNEMAT. The Montreal Oosan Steam-ship Company's screw steamer North American, Captain Orange, arrived in the Mersey this morning, from Quebec, with dates to the 24th October. Sho has on board 202 peasengers ; no specie. In the money market there is little change. The feeling of merchants continues to bo quite cheerful, although numerous suspensions are daily reported. Stocks keep up pretty well, and there area good many transactions in them. Panic no longer characterises the opening of business, but it is subject to fluctuations, growing out of temporary causes. There s more disposition shown to buy paper, but the rates are no easier. The best names go at three per cent-, with an occasional transaction at two per cent. for a very favourite signature. An arrangement has been entered into at New York by some of the banks, in which others were expected to join, to facilitate the movement of produce. There were rumours that some of the banks purposed resuming specie payments. In Bt. Louis and Cincinnati arrangements bad been made to take good foreign currency at par, end hopes were expressed that the exchange would soon be equalised. Since the crisis came on in New York, the cloak making houses in the city have discharged 1,600 girls. A few days previous the Cloak Makers Association could hardly supply the demand for labour. Bookbinders have discharged 700, and other trades 2,000. The Kansas election passed off without serious William Jones, a priests in tho 39th Regiment, was sentenced to death at Montreal for murdering Caporal Reynolds. The failure of Farnham, Kirkham, and Co., of Philadelphia, is reported. . . Financial matters at New Orleans looked more gloomy; many were in favour of a suspension of the banks u the only way of obtaining relief. Ranks were mostly weak. Cotton had again declined. Worrell, Cootes, and Co., and Hooper, Son, and Co., of Philadelphia, had suspended; liabilities heavy. North Star and Kangaroo at New York, and Europa at Halifax, on the 22nd. At New York flour a shade better, and in mode rate demand. Wheat heavy. Rye firm. Pork and lard heavy. Stocks active, with little to be had. Sterling exchange dull, at 100 to 105 ; no sales. The President had expressed a good deal of con cern respecting the pressure upon the government finances. Directions had been given to reduce and revise all estimates. The President will oppose all money bills except thaw for indispensable appropriations. Many public works are suspended. PIEDMONT. The magnificent piece of ordnance sent as a pre sent by the citizens of Boston to the people of Pied mont for the fortifications of Alessandria was plated the Piazza Beale of that town on the 28th-ult. The National Bank of Genoa has raised its rate of discount from 7 to 71 per cent. The Piedmontese Gazette publishes the prelimi nary decision come to by the Greet Criminal Court of Salerno on the crew and passengers of the Cag liari. True bills are found against eighteen of the prisoners, including the captain and the first and second mates. Eleven more are act at liberty, and the case of one is reserved. No mention is made of the two Eoglisbmen arrested with tho crew of the Cagliari. THE _ATTIMEPT TO LAUNCH THE 02.1tAT 145238101: We regret to announce that the first attempt to launch this great Leviathan has been a failure. To understand what has been done, it is neoessary first to describe the preparations which were made to en sure nuicess. These preparations may be divided into two classes—the means to restrain her motion in case her movement into the water was too rapid, and the apparatus use to start her off or to accelerate her descent if found too tardy. All the props or stays which supported the greaLs a l t i . l while she was building being removed, she on two huge cradles, placed about 140 feet apart, and at equal distances from her centre. These cradles were faced at the bottom with iron plates ; these iron plates rested freely on iron rails placed parallel to each other, at a distance of about a foot and a half, and firmly bolted to two platforms of wood , each forming a slope or inclined plane of about one inch in twelve. The cradles may be regarded as two iron-shod sledges, which were intended to slide down the sur face of the rails of the two slopes called ways, bear ing_with them the ship into deep water. The great novelty of this arrangement did not consist in intending to launch the ship sideways, for this has been done again and again in India and America with great SUCCelle. The untried part was the use of two iron surfaces in contact while sliding the ship into the water. Hitherto, greased wood has been used for this purpose, sufficient amount of grease being applied to prevent the weight of the ship squeezing it out so as to bring the surfaces of the naked wood together. In point of fact, the fric tion down the slope is usually that of a greased sur face in contact with grease. Now the retardation produced by this is well known. It is a matter of experience that if the slope be made 1 in 24 the ship will not move, if linl2 it will—a little too fast, perhaps, but this over-speed can readily be checked by mechanical appliances . The behaviour of the iron sledge in contact with iron was unknown, and therefore there were no data for the inclina tion of the elope, when these two metals were in contact. The same slope was used which was known to be successful for greased surfaces of wood. Any difference in the friction of the two was sought to be oompensated for by giving the rails a good coating of blacklead, this substance being used frequently as an anti-frictional medium. Dealing, therefore, with conditions altogether un tried in ship launching, it was neceuary to make ample preparations for two contingencies: over speed or too little. The former was evidently anticipated. Two huge drums, like the windlass of a ship used for hauling in the anchor,were firmly attached to strong foundations fixed on piles driven into the earth. Over each of these, iron cables, of the same strength as those intended to hold the monster ship at anchor, were wound round till each drum supporte r d ua t e x e 7 tons of cable. One extremity of the cable round each drum was firmly fastened to the c le, in front of the centre of which it was placed, and the other was fast moored to the earth. As the ship should move down the slope, the cables would wind off the drama, and this motion could be instantly checked by a friction band of iron pared round the circumference of two wheels at either ex tremity of the drum. These friction bands could be brought into instant play by means of powerful levers, acting on them so as to bring their surfaces into contact with those of the surfaces of the wheels attached to the drums. Sufficient mechanical and manual force manned these four levers, to counteract the whole weight of the ship, so as to hold her still midway during her descent, if necessary, provided , only the cables resisted the tension brought to bear on 'them. We must notice in passing that these friction drums and wheels bad winches, cog-wheels, and other machinery attached to one extremity, which had been used to wind the heavy cables round them. Such were the powerful and well-devised means to check any undue speed. To start the cradles in motion, powerful hydraulic apparatus was used, which was capable of acting so as to push them about three feet forwards. If more force than this were necessary, it was provided for by three means. A strong cable was passed round the extremity of the shaft of the Archimedean screw at the after-part of the ship, carried out into the midst of the river, passed round a block in a lighter firmly moored, and brought back again to the shove, where a small stationary steam.engine was placed to haul it in, and bring any reasonable amount of pres sure to bear upon it. Another steam-engine and similar apparatus was used for a cable firmly fixed to the bow of the ship. Lastly, cables were fastened to the middle of the ship, and carried out to four lighters moored in mid river, with mechanical appa ratus on board them, well manned, to drag the centre of the ship forward if necessary. The Express of last evening contained an account of the christening (the new name being " The Leviathan"), and of the unfortunate accident. The vessel seemed to slip some three or four feet in the spa of a couple of seconds, in consequence of the slack chain from the after drum offering not the least check. In an instant the strain came upon the drum, which was dragged round, and of course, as that was connected with the windlass by multiply ing wheel', the latter turned some ten or fifteen times for every foot the dram moved. The men at the windlass madly tried to hold it, but the heavy iron handle flew round like lightning, striking them and hurling five or six high into the air as if they bad been blown up by some powerful explosion. A panic seemed to spread as this shocking accident took place, and the men stationed at the tackle and fall of the level next to the windlass rushed away. Fortunately, moat fortunately, for the lives of hundreds of the spectators, the men at the lever at the other side of the drum stood firm, and hauling on their tackle drew their lever up and applied the break on the drum with such terrific force that the ship instantly stopped, though she seemed to quiver under the sudden check as if she bad received a heavy blow, and the check tackle and massive pile of timber which restrained the drams strained audibly. The whole of this took place in the course of two or three seconds. The vessel dropped, the men were hurled from the windlass, and with a heavy rumbling noise the tremendous structure was still on the " ways" again, almost before the spectator had time to imagine what had occurred. For a moment there was rather a panic, and a disposition to run from the spot, but it was only momentary. Four of the men who were injured were carried off to the Poplar Hospital at once, and a fifth, who seemed to have sustained some severe internal hurt, was after.- wards obliged to be assisted from the yard. This melancholy occurrence seemed to exercise a most depressing effect, especially upon the workmen, though the tremendous strain to which the drum was exposed, and which even with the friction of only one break proved sufficient to check the vessel with a great and unexpected momentum on her, showed that the check tackle was all that could be desired. An examination of the place where the accident occurred showed that the toothed wheels of the windlass (which seemed totally insufficient in multiplying power to enable the men to exercise any check upon the revolu tion of the drum) were broken, and ap peared so out of gear that they were almost useless. Beyond this damage, which was of not the least importance, the rest of the apparatus of the dram and framework was as firm as ever. The ° vessel it was found had slipped down the ways ' about three feet at the forward drum, and four feet o three inches at the one fixed aft. The stern had progressed of course, about six feet towards the river. _ _ All this took place before a quarter to one o'clock, and it was two before everything was main ready to move her still further down the ways. Before that time the weather, which at no period had been wry favourable, became still worse, and the little drops of rain which had now and then fallen at short in tervals gave place to a regular, steady drizzle, so that tho public looked with unwind impatience to the launching efforts. At a few minutes after two o'clock the men were all again at their posts, and the signal was given to recommence. This time every precaution was taken to prevent a loop of slack in the chain again occurring. All the lighters from the river got their hauling tackle in order, and began to 'train upon the vessel, but without making the least apparent impression. The tide was then within a few feet of its blithest, and it became evident to all concerned that if the vessel warn to be moved at all that day no time was to be lost. Again from out of the dense mass of timber of the cradles came the little hissing noise at regular intervals which told that the enormous pressure of the hydraulic rams was found requisite to start her; still, in spite of all, she never moved or showed the slightest symptom of being at all affected by the terrific pressure which was applied to her. After the pressure with the rams had been continued some time a rather loud crash was heard among the timbers of the foremost cradle, and some men ran from it. What it really was did not transpire, but it was nothing of importance. The stationary en gine which, as we have mentioned, was put to haul upon the chains to the bows at last gave way, and the chain itself snapped in two, though not until some of the teeth of the wheels of the engine, as we were informed, bad also broken before the strain. At the same time a pin in the piston rod of the foremost hydraulic ram also gave way, and these two accidents were irreparable. The signal was made to cease hauling, and in a minute or so after wards the officials of the company announced that the launch was over " for the day." The yard was then cleared of strangers, and, as few were aware of what had really caused the failure of the attempt, the most extravagant rumours soon got afloat. Among these the favourite was that the launching-ways themselves had Runk under the enormous weight, and that the stem of the ship had settled down several inches below the stern. For this report there is really no foundation at present On Inquiry at the Poplar Hospital late last evening it was ascertained that the four men who were moat injured at the windlass had been received into that institution, and that every possible care and attention had been bestowed upon their cases by the resident surgeon, Mr. M. Brownfield. The men's names are John Donovan, Henry Staay, John Browne ' and Anthony . Maher. The case of Donovan, who, besides severe internal injuries, has sustained a fearful compound com minuted fracture of the leg, is considered hopeless. Stacey, who has also received a dreadful com minuted fracture of his leg, is in a precarious condi tion. The other two men, Maher and Brown, are severely contused and injured internally, but both are likely to do well. The fifth man who was hurt was conveyed to his home at his own request. PORTUGAL. The following is the letter of our correspondent : LISBON, Ocr. 29. I regret that still little or no improvement can be reported in the wane of the epidemio—every jay adds to its victims, and every day the pressure aimed by the closing of 'hope and manufactories, and the stagnation of general trade, becomes more diffused and imminent- Let the government look to the future, for matter. are becoming very serious, and what was at first thought a temporary evil is now winning more alarming proportions. The opinions—medical and otherwise—about the nature and cause of the disease are very conflicting ; the majority sasert it to be yellow fever, and consider that in the first instance the venom was im but found a medium of action well by the pestilential sewers; others call statement " nonsense," and propound theories of their own in contradiction. So who shall decide when doctors disagree? Writing, how mu, upon the facts, nobody can deny the presence among us of a deadly if not contagious fever, which carries off its tale of victims daily, and which has now laid sous 1,600 patients under treatment in the fever wards of the hospital. Ono impression made by the diversity of opinions is, that the faculty are not altogether au fait either to the name or treat ment of the disease, and that many people must be quite content to be practised upon seeutichsm artem, leaving the chances of cure to nature, or the power of a strong constitution. The King remains in Lisbon, and still visits the fever hospitals; and manifests the greatest interest in the welfare of his people. As I have already told you, ho bas given 7,0001. for the benefit of the widows and orphans who are now cast without pro vision upon the world. These actions speak well for the heart of the young King, and will gain him a lasting place in the love of his people. Since the prevalence of the epidemic his Majesty has several times visited the Opera. Before he rarely if ever did so, and his motive is evidently to give confidence to the people, by showing he is amongst them and sharing their dangers. SWEDEN. The debate upon the bill which had been laid be fore the Four Estates of the realm in the Swedish Diet, and the object of which was to efface front the legislative code those penalties upon religious dis sent which by their severity and intolerance are manifestly offensive to the spirit of the age, has just terminated in the rejection of the bill. The Estates of the Peasantry, the Nobility, and the Clergy voted against the government measure, which was only supported by the representatives of the trading classes and townsfolk. The discussion was very warm, and amongst the speakers who during the first two sittings of the combined Estates advocated most vehemently the retention of the penalty of banishment upon every person who quits the domi nant Lutheran religion to embrace *nether faith, was Count Spans, late the Swedish Minister of Justice. His passionate and exaggerated de scription of the dangers and calamities which might be brought upon a Lutheran popu latum by the encroachment of the doctrines of the Romish church, seems to have induced a number of the bourgeois as well es of the rustic members to vote in favour of the amendment proposed by the constitutional committee, the effect of which is to retain the penalty of banishment. This debate in the chambers upon a matter of so much controversy had naturally excited great agita tion amongst all classes of the people. The clergy men of the Lutheran church have held meetings in almost every province to express an opinion for or against the government bill. In the province of &hewn, out of 457 persons who compose the clerical body there, 230 declared in favour of maintaining the law of banishment. The respectable minority of 177 clergymen who expressed themselves in favour of the abolition of penalties repugnant to the feelings and morality of the present age, could not prevail against the influence of their ecclesiastical superiors, who exercise a very rigorous authority over the pastors and preachers of the country. THE INDIAN MAILS. The Colombo paned Hurst Castle at mid sight on Monday, and came to anchor at 2 a.m. Her mails were despatched to Loudon by the 7 a.m. We yesterday. She did not enter the Southamp ton docks until past 10 in the morning, for want of water. Several persona went off to bee in the night to meet their friends. Intimation was given on board that all who wanted pecuniary sadateme could have it. • ladies' com mittee wits formed amongst the passengers to lean who were those in want of aid. The Mayor of Southampton was also in attendance when the steamer cams alongside the dock to meutain whether relief was wanted. Little was known, however, on board of the @Avestan@ or cir cumstances of the refugees. Their position was ascer tained as delicately and secretly as possible. Two of the lady passengers had been hunted in the jangle far weeks by the murderous Sepoys, and had suffered greatly. Another lady bad had her home burnt down by them. A young lady, apparently about 17 years of age, wee scarcely ever seen on the voyage, her grief confining her to her cabin. Just as the Colombo came alongside she came on deck, bawd in mourning, to meet a friend who came on board to see her. This young person had her father murdered by her side at Seakote ; she escaped into • house, whither the mur derous &pm pursued her, and fired into the place where she bad taken refuge. She was at length captured in the garden belonging to the house, and, while Wag drugged along as a prisoner by the mutineers, she begged bard for bee life, and from • sudden touch of pity, or a per in their bloodthirsty rage, her pursuant granted her murk and bee life was spared. Mies Dunbar mu oleo a menage?, the daughter of Captain Dunbar, who commanded the ill-starred expedition to Arrah, where so many English soldiers lost their lives by • night attack and ambamede. Mrs. Warden was en board, who, with her huabend, wee • fugitive from Mhow. Her husband died on board the Nubia between Calcutta and Sun. A child, six years of age, via en bawd, the daughter of Captain Bailey. She has lost her mother, sad her father wee missing at pinafore, and has never been beard of since deed or alive. Among the passen gers were a gentleman and lady sod their three children, from Peshawar. The poor lady had just been confined in Way loot, when the troubles in 'tulle broke out. Anxiety soda nut stroke deprived her husband of his remote, and she had to fly for her life, and to take charge during her flight of her helpless husband, with an infant at her breast sad two young children besides. The Male of this unhappy family suited the deeps* emeashamtku. The CAUntie pummel,' consider that, notwithstanding the importance of the capture of Delhi , that eremitism not by my mesas crushed the mutiny. They believe firmly that Lucknow has been relieved long before this time. A gnat number of refugees have gone to England via the Cape of Good Hope. The captains of homeward-bound ships at the Indian parts were freely offering refugees a free paw to England by the long sea voyage. Mr. Minns and Mr. Clarks of the Landing Surveyors de *Mont, end Mr. Obree and Mr. Knowlsr, of the Tide Sur veying department of the Southampton Custoeoe, vara soda early ea board the Colombo, inquiring for the alfagens mad facilitating the path* of their baggagethrough the Castor Douse. These massagers bad not tho cruellest trouble in pealing their luggage, nor were they io the slighted dome delayed. Some of the shipplog agents also assfabsi than withoitt say charge. EXPRESS FROM PARIS. (TROY OVA OWN CORIZSPONDENT.) PARIS, TIMIDATZIIINIKO. The Bourse opened rather heavily and got worse towards the close. Although the quantity of Three per Cents. delivered for the settlement turns out to have been ler than was expected, the market was depressed by an apprehension of a further rise of the rate of discount to 9 per cent. by the Bank of England. The fall of 1 per cent. in Consols of course discouraged the speculators for the rise. The Bente opened for account at 67fr., 30c. rose to Mr. 33c., fell to b7fr. 13c., and closed at 67fr. 20c., with a fall of 20c. For cash there was no alternate change. Mobilier fell 7fr. 60c. The railway account went off easily, and the ruffs of carrying over were moderate, but all the lines left off lower, and some of them considerably ; Southern fell 16tr. 3c.; Lyons, 12fr. 30c. ; Western, 10fr. ; Eastern, Bfr. 73c. ; Orleans, 7fr. 60c., and Northern, 6fr. Letters from Vienna of Nov. 1 state that the Ports has approved, subject to some modifications in matters of detail, the treaty prepared by the European commission for the navigation of the Danube. The report, which was accredited some time ago, that Austria sought to put the absurd con struction upon the expression "liberty of the Danube" in the treaty of Paris, that it meant only the mouths of the ricer, appears to have arisen frem a mistake. The French government journals are sow instructed to say that Austria does not seek in any way to hamper the commission. The Pays' letters from Rio Janeiro, of Oct. 2, say that the Brazilian government, by way of a last effort to prevent war with Paraguay, had sent M. Paranhos to the Assumption, bat the general opi nion at Rio was that his mission would fail, and in support of this conjecture it is remarked that a corps of observation has recently been sent to the frontier under the command of the Brazilian General, San Felice. The Patric mays it learns from a certain source that the new hackney carriage tariff will be abo lished at the end of this week, and the old system of the course and the hour, together with the old farm, will be revived. The coachman is to be allowed to charge for luggage, so that the only result of the attempt to reform the fares will be an extra charge upon the public. The posthumous volume of Beringer's songs is out to-day, according to the previous announcement. The price is 6fr. The doors of M. Perrotin, the pub lisher, aro besieged with purchasers. You may per haps find room for the following exquisite verses ea a specimen with which tho collection opens. The poet compares himself to a fruit-tree at the close of autumn, in which the villagers hunt for a remnant of fruit, which may perchance have escaped the vigilance of the gatherers. His readers will be inclined to go on with the comparison, remembering that such late fruit is often the sweetest. Non, plus de no% qmolque Saloo7 qui nimbus La rgle et tort mo'hltappent Is, Un &olive salt solemn coudre la time An bout du Tem rumure our ere doles. Devout to roil longue tout haat je came Avec noon rmur, sa fond des bole deserts, Lebo dee bon ne toe repaid Wen prom. Dieu no vest plum qua je fame de vain. Dieu me vent plum I Et, comma vas Las fautommo, Le village:4s, dans me elm dipouitles Regard, encored Turbo en is couronso Ne stelae pas quelques fruits onblies, Jo vain &natant. Pour oat, jo eta' ie . his I' arta* est man, fatigue dos blows, gull monument de fruits l ma =Mille! Dien ne vent plum quo je hose de vent. Prince Napoleon and the other personages of dis- tinction who had the honour of panting last week at the palace of Compiegne took leave of their Moja ties on Sunday. Yesterday other guests arrived at the palace, among whom were the Princess Ma thilde, Lord and Lady Cowley, Count Waleweki, Minister of Foreign Affairs, and the Countess Wa lewska ; Admiral Hamelin, Minister of Marine, and Mame. Hamelin; M. Baroche, President of the Council of State; Mdme. Brae, gouvernante of lee enfants do France ; Mdme. de St. Arnaud, the widow of the Marshal; the Marquis of Hertford, the Duke and Dachas of Kaneheeter, Lord and Lady Olen's ton, the Duchess CAA', &c., &c. FURTHER PARTII DAY.) The (treat Eastern Company having omitted to make the fact widely known that the next attempt to launch the vessel would be delayed for a month, the entrances to the Millwall-yard ware this morning besieged with visitors, all of whom were under the impression that Mr. Brunel would continue his operation at the afternoon tide. The vessel, however, remain' in precisely the podtion she occupied yester day ; she rests majestically upon her cradles without dog shores" or any similar support, and those who were fortunate enough to obtain admission to-day were allowed to make a minute examination of the launching apparatus. Some engineers of eminence in the north were on the ground, and opinions were freely hazarded as to the causes of yesterday's mishap, or the probabilities of the future ; but in the face of the experience which yesterday's proceedings have afforded Mr. Brunel, and which has removed all doubts from his mind as to the ultimate safety of the launch, it would be useless to record the mere gossip that occurs upon the spot. Sir John Ramaden, the Secretary for War, and several members of the aristocracy, inspected the machinery this morning, but together with other visitors were requested to withdraw shortly before one o'clock,u the tide was again rising to her keel. The yard was left in the possession of a few shipwrights, who were busy in completing some of the internal portions of the vessel. As the day advanced, omnibuses and cabs brought down hun dreds of persons, who had hoped to see the Levia than afloat by the ebb of the tide, and their disap pointment was evidently shared in by the crowds of labourers and mechanics collected around the various entrances to the yard. The locality, far from cheerful at any time, was specially dreary and dismal this morning. Rain above and black mud below made the visitor the less inclined to take his disappointment in good temper. The numerous taverns have driven a roaring trade since yesterday morning and the stoppageof the operations bas contributed to keep up tier numbers to-day. A loud chorus greeted the ear from moat of their doors and windows, and itinerant musicians lent their aid to dispel the gloom of the hour. It has been announced that Mr. Brunel has fixed the 2nd of Dec. for the next trial; but possibly this arrangement may be set aside ; and nothing definite can be stated until the conclusion of the meeting of the directors, which was being held when we went to press. " Europe will shortly learn," says a letter from St. Petersburg, in the Warekrer of Vienna, "that four Mongol tribes who have been hitherto subjects of China have recognised the sovereignty of Russia, which has granted them an exemption from taxation for several years. In order to prevent the displeasure which China may feel at this fact, tho Russians are establishing a line of fortremes along the Chinese frontier. Colonies are also being founded under very advantageous condition., and the new tribes ere being converted into a well-organised frontier militia. The establishment of two new towns in Siberia I. also said to be in contemplation." The Grand Duchess Stephanie of Baden has left Paris for Nice, where she %Janda to pass the winter. The qffic7at Gazette of Vienna publishes a decree Relative to the direct taxation for the year 1858. The amount remains unchanged. From the activity displayed in preparing for the steam reserve the easy line-of-battle ships Duke of Wel lington, Marlborough, end Royal Sovereign three-deckets, end the Victor Emmanuel, Cesar, Algiers, end Hannibal two-deckers, at Portsmouth, ft is supposed that a Channel the or squadron of evolution is to be commiesioned in the early put of the ensuing year. The Caner end Hannibal are very forward in their equipments. RENEWAL OF TILE EXETER HALL SERVICES... Next Sunday evening the urrioes for the working-clamee are to be renewed in Exeter Hall, the preacher for that day being the venerable Thomas Hart Davie., M.A., In cumbent of Christ Church, Ramage., formerly Archdeacon of Melbourne, Australia. The list of pachers is not ded nbiraly settled, but it will ace probably include the Bishop of London, and several of the footling Evangelical prelate' connected with the Church of England. Services of • similar character ere to be held at the east end of London, so soon ea the necasary arrangements can be made. They will probably commence towards the close of the present month. DINNER TO MR. SIMPSON, OF CREHORNE.—Yet• terday evening a dinner was given at the London Tavern 10 Mr. T. D. Simpson, of Creenorse Gardena, for the rupee of promoting to him • testimonial, which consisted of • large and massive silver rue with the following inscription This true, the gift of • numerous body of neighbount and friends chiefly_ residents of Chelan and its vicinity, was presented to Mr. T. B. Simpson, of Cremona, at a public dinner at the London Tavern on Tuesday, the 3rd Novem ber, 1857, as a testimony of the contributors* esteem for his general character and approval of his arrangements for providing healthful entertainment for the people, end their confidence that the high reputation which he has established in that capacity will be main tained." The vase, which was manufactured by Mr. C. Hancock, of Bruton-street, Bond-curet, was of chased silver of • vine pattern, relieved with bunches of grapes. and pierced through, showing • ruby glass lining, and containing the inscription on one side and Mr. Simpem's arms on the other ; the whole being placed on a rich plateau with borders to match. The vase was 36 inches in height, and weighed 310 manors. The cat was over 200 guineas. About 200 gentlemen set down to dinner, end the proceedings were cha racterised by the greatest kind feeling toward Mr. Simpson, the main object in view being evidently an appreciation of his efforts to carry out a system of healthful andinnocent recre ation for the general public. CASE OF TRANsFIISION.—The delicate and inter sating op sties of tnineftering blood from one prima bit another Las again been sucoraefully performed by Mr. I. Ni - buitcroft, surgeon, of Cannock, rested by Mr. J. Bleck fad sad Mc. Samuel Wham/croft. The patient was JIM Benton, of Cannock. Whew apparently expiring from It. of blood, about 21ba. of blood were transfused from the vete of her brigand Into her veins, with the happiest mull. la a few minutes after, the current of blood began to Sow, sad the ebbing of life was checked, the circulation being re-0- tablialied, and deliverance from apparently certain sad IP ' preaching dissolution mewed. The operation wes t Larßetwol on the 28th nit Mr. Wheetcroft euggests the dale operation in the last stage of low typhus and the ed Asiatic cholera, when all other lamas have foiled. — rhos' Chreisids. "4 71TTETIATORSHIP OP THE GENERAL ASSIVIIIILIfe.. We sew awborissd to state that the Rev. Dr. Leakullt• of Goma, will be proposed es Moderator of the next Gomel aacentldv.—EketoS arrest. CRYITAL PALLCIL On SHILLING DAT.-- TVESDAT, Nov. 3. A 61111.00.0 8M ; Mee, by seems 174 ; sad doom 11:am"