The Express. — London, England, 1856-10-08 00:00:00

Int (14,-xpreots. Ilvertliments itlrdalir -4- 1 7 1;irpram. ' 7 lo7aalloololo. payr, girt be at the Ode*, 10. beaverirstrest. by No }Moak on tb• dual pabbusdas. HAYMARKET. Tv Imam. THE INCONSTANT. Mom Mordoeh i L m. Arres, Mips. dais. OF ; Mrs. IntairUllas sad Min THII 87AR ANDALUSIA. Ms Opals& Dessen.—PßE BMW AT COURT. Mr. Eaekswar.—AM THE GALICIAN 73721. 141/11CIS011. Tan 'TWIN% MUSIC RA'lll CHARM, NIL C. Kam.— AsIA OLIO OF 110111.9. " LTCZUM. Mae leave. BELPHIOOIL N. aad Kra C. Diaes.—Aed nit/STA.Ia ROYAL ICU:MAID. Mama W. Beer M Told4 red Cearees; We. A. Welke (Las kW Woolens), Ma P% Kis Willem, od Mrs. B. Wlute. T ta ZTI SWAM ,0 norm' 011 L. Wows. Ow LT.—Ar n l HOW & inNI Poe MI Karr 111 au.— THE TILLIE FA WE LIVE IN rug wow) or LONDON. III Mmes. Ilborawd Wieloxialo. RION WATER AT LONDON BEIDON. Yu Imv—liiandag, 7L U.L.-......A1t0r50ce, sh. ISM To.reasow—liendag. N. 1ia.....-.AllersooL 104 Om. LONDON, WEDNRBD4Y, OCTOBER 8. Tug Royal British Bank diluter will not have happened wholly in rain if it form upon our commer cial claws an intimate and profound conviction of the utter inadequacy of our existing legal machlasey for dealing with such asses of mercantile catastrophe. Our columns for many day. past have borne witness to the confusion and dismay with which the luckless victims of this gigantic fraud regard the prospect of that litigation which awaits them in the Winding-up cams. It is a state of things which would hoes stirred to grim laughter the sardonic humor of Reemals. There an two courses of ruin through which the sufferers must graduate—that which is provided for them by the villany of dinettes, and that which, under the guise of a remedy, is provided for them by the benevolent wisdom of the law. It is no doubt sufflaieutly harassing to fled yourself the plundered dupe of some plausible respectability in the shape of a manager, who has for beard meeting after board meeting lured you deeper and deeper into the raim ends by a solemn Nguema of official lies! but it is almost, if not quite, as bad to have to assist at the legal ceremonial of seeing all that is heft of your substance melted down, seennelens erten., into fees and casts, while lawyers wrangle sad judges hold solemn conclave over the miserable rev mains of what was own perhaps a pretty little for tune, or a decent competency. It it not agreeable to feel that you are liable to your last shilling, and your lest acre, in ccasequease of heads which you had no mane of discovering, sad no power to check. It is still lam pleasant to find that these ultimate relies of your possessions go, sot into the pockets of the depositors who have suffered, but of the lawyers who have raised, by you. It is bad enough to be robbed by Cinema : it le worse still to be ruined by Chancery. So again of the Depositoth It is natural iamb that this oleos of sufferers Amid, in the tint ammo of indignatioo, yield to the dictates of that revenge which even moralists admit to be a kind of wild jus tice, and determine to be satisfied with nothing Ism than the uttermost farthing. Bat have they courted the met of trying to get it ? Have they ever realised the feet that, if they throw compromise to the winds and resolve to go in for their strict rights, for every pound which they may ultimately recover they will I have I. all probability to pay another pound in costa ? And yet such would in sine oases oat of ten be the malt if they were mad enough to insist ea their full legal rights and hunt the .. _ . shareholders—who are attar ail, be it remembeved, their fellow starers only use degree removed— thrush court after court eves to the costly penelnlia of the House of Lords. For thither, as the law etude. a ehareho'der, who disputes hie liability, may in the kat degree resort. What an abominable state of the law! cubist the public. And so, no doubt, it ia. Nothing as be well ware. The su bstantive law is bed, the judicial ergashatios is bad, the procedure Is worse still. The sainting legal method of administering the nests of bankrupt estates, whether by the Beakruptey Coen, es la the nee of private firms, or by the Winding-up Acts, se is the me of public ampules. is • discredit to this great mereastile memalty. As it was very ably and truly pointed eat the ether day by Mr. Burros, in the paper reed by him before the Tri bunals of Conneeree Amputation, these systems of administration, " though estesaiWy made for ma esone, were assuredly sot made by commercial see, see for their us." They have been anima by lawyen, they are worked by lawyers, and, biting to their melte, it might be very easy to membmie that they are kept up for the sole benefit of /wpm It is astonishing that in the grommet siseasills country is the world such a system should se keg ban been submitted to. The fat is that British of merle is almost ea mush and as isjurionly under the dominion of the lawyers as Britkh lead: the hiss trawler of the see, and the butane-like meagement ef the other, are alike impeded by the same eases Hem este, Mr. Hume, in the address already alluded to, bee pet the whole troth of the one is law and forcible word,. " The souse ci the existing vices of pet mereutile law lies in the sabjesties of the am menial mind to the legal mind; and the remedy mew mists in shaking off mush subjectioo." That is a tells which the business ma of Ragland would do well deeply to ponder. It lea truth especially to be bone is vied in reference to such a beams as the mkt. aletratke of the mete of the Royal British Beak. We have no latest.* to impute motives, bat we take human nature awe fled it, and it is impossible for any one who has looked a little closely into the psi seeding. of the Court of Cesaesty and the Winding-up 'Men not to be well aware that the rapidity of legal progress is is interne rade to the amount of property to be legally dealt with. Wherever there enlarge feeds in court there will be a long litigates; and it is imps. Bible to speculate wittiest dismay epee the probable protraction of the prooeedioge where—se in theme of the Royal British Bank—the cash is head amounts in round numbers to coreething like 80.0001. nine no declamatory radical, or levelling enthusiast, but a grave and ermined sage of the laworho described title notable machinery of the Wiselleg-up worts es • mill foe griadiog cute, ruinous to the many and imative to the few.' Let shareholders and Is. potters bethink themeless before they consent tele thus triturated into costa. Let them take coque together boleti they safer the wreckers of the law to make spoil of what still remains of the faithless bark that ban sunk under them. They have yet the mass in their own power. They have not yet got their min under the legal yoke. Let theta be wise in time. Let the Shareholders meet at oyes and resein to sake a fend sellicient to pay an immediate dividend soy se. to the pound, and let the Depositors ogres le accept this instalment at ones, and to improvise their claim toe an ultimate dividend of 10s. in fall satisfaction of all demands. That this wield be the wile wane no ale can doubt who is at all sow versant with the raison oaten of the litigates that most ensue ifsome nob course be sot forthwith adopted. That this, or ssythist like this, will beta course really punned is, we fear, far mere than sun be anticipated. Depositors will think sore of the' intrinsic justice of their domande than of the diffi culties of substantiating them ; shareholders will rely on the chances of evading by a quibble liabilities which they cannot contest in conesionos; while those who have bought up claims for the sake of profit will think of nothing else but getting a share in the plunder. When we add to all this the influence of that powerful clam who are certain to profit by setting in motion the gloat cost•mill, we fear there is bat little reason to anticipate that the shareholders and &pedlars of the Royal British Bank will ulti mately retrieve much from the close grips of the law. THE IaPRESS, WEDNESDAY HONING, OCTOBER 8, 1856. THE MOSCOW FETES. we are favoured by a coneeponilent with the following interesting amount of a " Chases" after the Russian Whim, and some further particulars of Lord Cireaville's state ball : On Tuesday the 23rd there was a shame for the Court and Corps Diplomatique at Staritsio, 12 yenta from Moscow, on the Warsaw rad. The meet was •ear an old ruined palace which was built by the Empress Catherine, and wu formerly surrounded by a deer park, but the place hubs,. mach neglected of late years, and is now in rather a dilapidated state. The Emperor was to be on horseback at 10, and before that hour the sportsmen arrived in great numbers. Lord Granville's barouche, in which he drove four English horses himself, we. a great ontrut to the other carriages, which were most,of them drawn by post harass, harnessed in the Russian fashion, four abreast, and driven by a mujik in a sheepskin coat. At all the villages on the road the peasants had turned oat to stare at the unusual concourse s and at one of thorn the elders of the village had brought out bread and salt on a small table to offer to the Emperor as he pseud. Those et the diplomatic corps who had no hones of their own were mounted from the Imperial stable, and on arriving at Tsaritsin they found their hunters ready saddled. The steeds had rather more of a military than a sporting appearance, sad looked as if they wen more accustomed to the parade-ground than the hunting field ; but they were mostly strong, well-shaped animals. The English embus) , mastered very strong, and were most of them mounted on their own horses, brought from England. There were only Ave ladies out, four of whom were English —Ladies B. Peel, Stafford, Margaret L. 001/11; and Aileabury ; the fifth was a Priooses Berlatineky, a very pretty woman. The Emperor arrived about half-past ten, in a plain calethe with four Meese- His two sone were with him, and the Grand Dukes Nicholas and Michael followed. They were all in military costume, the Emperor in a hussar uniform. His Majesty got on his horse, a mull grey Arab, and rode off immediately to °over, followed by the field, about 200 in number. After riding a mile and a half through some very muddy lanes we came to the scene of action, where the sport commenced by some coursing. Hares, however, were not very plentiful in the open, and they proceeded to draw the covers with a pack of harrier/. The hounds were a set of queer-looking little dogs, which would hardly have passed muster in Leicestershire, bat to make up for their deficien cies they were accompanied by 10 splendid piqusurs dressed fa gorgeous red liveries and mounted• on little Cossack boron. These individuals were provided with long horns, one which theKoonstantly played, and when the dogs were running they rode wildly smog them, cracking their whips and shoat big. The covers were small plantations of brush. wood, and the mode of proceeding was as follows : The 10 piques= took the hounds into the corer, other Amass being stationed oataide with groyhounda which they let dip spoil any :intactness.' animal that looked oat of the cow. In this way a great many hares and plump little fame, who looked es if their early lives had been spent in Ape d oomfotteble hotall, and did not seem at all need to the amusement, were disposed of. Two wolves were reserved for the finale, and were held down by dogs to have their throats cub The most curios' part of the proceeding was tie strong infusion of the military element, which the Amiens seem to be suable ever to divest themselves of. The ground was kept by Cossacks, as if for a review. The Emperor and all the officers were in military uniform, and the huntsmen looked more like halms than anything else. After the chases luncheon wee provided at a kind of shooting•box close to the meet of the morning. In one of the rooms there were fair small round tables, at one of which the Emperor eat with Lady Emily Peel on one side and Lady Ailesbau on the other, Lord Grenville. Lady Stafford, sad Lady 1d... gust Lerma Gower being at the same tab Le. The other tables were menpied by the Grand Dukes, the English embassy, and other visitors. Lott Granville was the ooly special ambassador versant. After the !Imam the Emperor, in the wet gracious manner, said "Good bye" to his guests, and got into his car riage. The whole affair was over by three o'clock. On the evening of the am day Lord Granville gave his 'grand fall dress ball. The Emperor and Empress arrived at a quarter-past ten, and were met at the door by Lord Granville, who showed them up into the ball-room, which was a tent brought from Ragland by his lordship, and raised co a platform to the level of the drawing-room floor. The in- side was very prettily lined with scarlet and whit. sad was deserated with overgrows. A small reeves was fitted sp for their Majesties, bat they did not avail themselves mach of it, as they seemed to prefer sitting down quietly among the rest of the people and the Emperor danced incessantly waltzes, palm, and quadrilles. The balls in Ramis invariably con clude with a roaserks, which is followed by that great inatitation appreciated in Russia perhaps more than any where--supper. The usual plan in St. Peters burg and Moscow is to have a sitting down trapper, which lasts rather more than an hoar, and the gees% both male and female, expect to get plenty to eat. There was not room in the Dom Grarlani for the 900 guests who were at the Ambaleador's ball to at down, so a "buffet* weekept goingall the evening, and sitting down supper was provided rely for the Emperor and the great guns. His Majesty danced the Mazurka with Lady Stafford, and at one o'clock repaired to the supper room. There he remained till two. and then left, after very gracefully ex protein his pleasure at the entertainment. The Grand Duke Constantine and his wit* the Grand Decease Alszudra Joespowas. the Grand Dot:ohms Marie, the Grand Dukes Nicholas and Michael, and the Priam of Have, were also at the ball. It is curious to observe the contrast which is prompted with the manners of oar court in the abeam of stiffness and formality in the banana* of the royal family with society. The Emperor several times in the coarse of the evening quietly took a chair and sat down among the rest of the people, and no one thought it necessary to stud up or move oat of the way. The Grand Dykes an very simple and unaffected, and dame away as if they enjoyed it. Lord Granville having expressed a hope that the Grand Duke Constantine had enjoyed him self, the Grand Duke said, "Look at my face and you will see whether I have or not." WELLINGTON MONUMENT AND Daehima TOE FV/ILIC 0771C111 —W. (flows) era islonseel Wades im petigo for tie premium is be awarded win w dkeedea of the Fint Cosenirenen at Pebble W.,M la Whole le be vary great. Ten hundred lad r er have already are ..d. for 'opts the per the ifelllagtea Itareseat, sad 'taro tboa rest aut. Ise se espies bon is.. It is to wastrka Ia the meet tbe timbale Alen lb. domM for the Malt plass sad epeeileatioaa has bent still greeter. It was saassand by adivertbensats rearatly hosed that than papas weed be ready fee eistribetioa ea to Ist day of this math, sad .pis the protest tine upwards of 600 appinatioaa have boas resolved. sad • large unbar of aortas are being tor. warded le foreign eseauka. The anises far the 'abbe ellen an to be seat la between tbe I. sad 20th et Kara sear, sad will be oshlbited r WeetnieetarAall lame &nal, afterwards. The salinities will den *beat the Ist of July, sad will be Mewed In umber wildbilisa .6 Go modals far she Weaning* ilanammat prepaid is be Steeled Is SR Peen Cathedra Inc &KM BALMORAL, 0.. O. The gun. the Prim Comore, an the Princess Repel attended Divine Berries et the perish elm& of Demises yesterday. There were likewise preeest the Dashes@ of WelUsites, the Hoe. Mary Depraver, Mies Nightingale, Lord Paestum, Major-Gem& the Hoo. C. Grey, Woad the Hos. C. Phipps, sad it J. Clerk. The.serwiee wee performed by the Bev. Dr. limbed. Dr. Macleod had the Laois of dialog with her lifsjeety fa the main& The Coat will leave Balmoral for the math on Wedateday ant. It le sadenteed her Majesty will travel es this measles by the Spinal of Gleatbes, and take the railway at Blekgewrie. The Doke end Dachas of Cleveland are enter tdaiad ecompaay at Baby Cattle, Dubs.. Lent and - Lady Lawn and tastily have left ChuWee Hotel he Edition. The Hos. Mr. and Mrs. Smyth Vereker arrived is towns Mw days Sam. after a leagtbased tees t Bottser lead, sad left yeeteeday for Boatload. Lard Jam Rummell and family arrived at Turin on the 6th. HY kinkily was peasant at a grand Maser gives at its embassy by air Jame Radios, to which tb• mast diellsgsteltod dielemallme sad perlisateatary temente dote ware Isvited. We reed is the Osta• de Lemmata : w,The Dusitese of Cirleme by quitted the baths of etaeludbray. I after a stay of foer veers. The math of the sagest princess appears to have sweetly braellted by the use of the sulphates' waters of this establisheaset, sad from the pure air of the Alps. She Maras to Gluey where she will psis the wittier, by the St. Gothud. The two yeas( prisms here prolted by the flee weather to sake sunrises epee the erAgiabsurfac lemateles." The Neenedle (hustle de Prime ammeams the eeesplete reeovery of Prises Adelbert el Prowls, sad mates that he bee reeamed the ocetaand et the Premien wavy. Le Nord states that the imperial family of Buda wove to nears todt. Patessbug as tho 6th of this mouth, sad that la as 9th sr 106. their Mojestlas will sake a • Weise tatty" fate the aylW. The Nord also stases that awassaes eves of typhus have oseurrol at Mossow, sad that at the dap snare of the amiss the 1f,.. of 10216 distinguished personages were Is peril. Aide-de-samp General d. Ziassieff, preesptor is the pm, Quad Dula, wu is a delirious state, and the life of K. Ltsreseki wu despaired of. Tax Irouxurcr or ties by the worn Nader the meat Leal Reasiesseet /Let) of so losambeat he this parish, resisted 'mat by W death of the Rev. W. Z. L. Fullmer, le lied for Pride, ..it. Great ezeiteamot prevails asaoaret the iahabitasts, sad tite walls of the pariah are severed with priated 'Wards "Map forth the &shoe of the several etodideaw. Many of these pismire patois la vindasse erwl abase these which eseasioasily appear fa the heat el the /.reset *hied sow test. Motives el the Witt ebanster an Wooled, set se mash, however, to the esadidates for the stlaistry et the perish as to their India, rapport'', ; ad tide is the mere sewage as an the elerayetea who are before the siestas Won Os the eveagelisal petty -The slew VLITICAL MEETING AT GREAT YARMOUTh. A meeting mu Isola at the Star Hotel, Yarmouth, ea Weslay main . for the puree of ressirlag Mr. W. T. WeeLeilt, rod Mr. R. W. Watkin (el the Maaalwatsr, ileeMeld, aa4 Lineeleekke Railway) as seadidates kr the bereset, in the liberal interest. Mr. J. CiowasoslMlter, mai called wiles dolt. Mr. MVOLLAMMaltrreesitM swathtt with grog oast is, wanly as \rim expreestml his uptake ON the issits Ia the crarahratiee of soigne allure noted sot so isle* with the eraleat who Web% In the saisisege of the lay is with the Hoeg* of Commas, the mire el eh prase Is the main. They MI era orate rararatretiges, bet so Strap is re. 'WM te be r insed.lin edit nasals seelleadk, towelies ties• trued to be eseressery iseressed, skirts* the war bad ems* sad wore the essemin gee w dlipseed to ressesse d pep's. it weld sot be MS. any Cr: the hese wee ewe weelltsted. Is 1118 dime wes a easy menhir hears ire when was retried is the wows sheugh pieties gland Is sprigs as le the seer to whisk it alteeld ba erred, bet what peeper bed bees rade ? WMb :eon to Welshmen nein% is wee tee serprehemhe a pear, bet is dr appilesties el adriele worn seam pmYMfM is.. wen held sad sees thensh. • year eels bah ism the sesery wee Is • iewe et the amen Y whish the wee bed bees endeeted. mi wan wee Iterhillis her see aid of the le the ether lbst these els bed Seem w eery awe is this alms &saki be reieserraelb. Bet boa ses deems Mier. bees made by the Muse d Ormsessa, who perieded Is be ler 'it etweiriss had le ashen pee :ars lest same mead la the hem Se the pestriselMel leas el that:wire s Mak wises is ees Rembel. vitro some very ski intheme for • pees somber dials heard a ef Mine efas esparto shememe, sad gave a serail eempleldy esserseizez e see swept sae partied* depeentese ef his =Those orbs wen mist Irellested bed smehed sad dietlseYseM, sal Shen bad beat it deemed sales thews as tie pert of the levy party to Weil the da t=l. se it we @Wired is ity preen of high sok Ned . Ir •dmisiesestiee Irons bed bre sell SI Is mobil le he one genie% bet the nese,* Is wt ser .I. reined es pest se h ever well The Area's peter had sew Wes pates la the semen thee se the penes* Use, wise doper eles was now' by the Heed Clermees to arse • tree.* The beads of sash department ere members ifs ernspest body who bad se ay thy wilt the middie • sod letestrial alarm wed he he the ismer hie den fa the esneermet ibe . train nests hell hoes ts be weary la army. bet the Seer d Cameos bed reserably refused le aliew the prier Whet ratereiss ken the Crimes tit wear dense Zwillissit so eller right ben it whit bed ..51 labia the per hi ths bey. Adverting le thesis elegem* she% ad is the sin el the Sri ef Oselleas. Ire bad peid 4111,111111. le drab* up isle • porlise-whisk gain earemend is ihe seer MOW Mon le Ike Chimes, MVellegb rid seek helms wan sr isakm they wen the result of a noise whhh dewed Iserus be obi .serest d deem, rd 111.diesetlea et see sem wire is was user lepertest that See Arabi be estneled te theme set fit to enteel *sea. Tie sperm wee as Tartans 14111 re uprisen if sway ..try le the world width bed great males esi had Mined faience ; bet the Howse of Cortese had libr.isd that tote Team rem* as it watt feed to week t i ree s ier ter dr of the heels a par naßA 11= son ea prem. N said— whits ihe **high asabommber woe Meg Ka brie= err Cue sled while the sehmellies won arm* Is rem of perhememe. Ler mil met rested the enbusees GI hoe esassep be the swear is whisk the bed hese li *A wed Ea lied Issued • smiler .orb showed disc thew* bin pewee eater rev. eminess be weakened maim minas WAG bettor poet elbreveleres. she woe defaming se beta the rum toes of drawee se the bee seversonsass et Powego. She Lashed as Me Misses hem= the lad hen" Le, with the miliardiT d Oa teirtel:Za est the bessehoorre el the den. she kaaw well that bermes *spode pow sad the pas*. whoa w lanes swabs to a wan at Ole _s Mersa pellet, there odd be so sordid fainebbinh @he wafted the lowa theirs whoa it salted b purpose to break up the arum wed to wreak her re emimest. What win is the suers ? WMre won ear rogressartive whisk nosh shish* es sad menu, wens late ssieweive psalm It Ns where, bi t NM lA* reettet Ben of Osman had saver lifted up Ad ito nits he re use win war embargo ;had engem/hi bola bat sea, whoa OIL wee woe salswealeed, sod kekeres mewled older es, tad bed hoes resits le sea* pealed eisp *Olt min *ea aellase the hued= whin wed ifie deet% Is the devotions *Mk dry Y o nne We& on/y enemy Wm e= alested pepnisely responsible Rowe that ate wed! serer be soersed that the heels wee eipsemstaties d w ishierial bee heart at usil Minim • Mt red sled espeseserlin ef Web whet i wo gs rem bkile "Mai led ride the mostly lire WATLIN doßwwd ea Wiese of. dies abusers, awl the meshes easalweedy pawed rosolnolowe pledsiva Moe prom i• de lb* sonsk imp some Se seism of bet tM andliiiso m. Ile ink skim LATEST INTELLIGENCE. THE AFFAIR OF NEUFCHATEL The following despatdi anon in th. Gasetk dAtigsbowrg : "BERME, Oar. 2. __ • I , M. de Salignao-Feneloo, French Ambassador to the Swiss Confederation, paid an official visit yeast.- day to M. Stampfli, president of the Confederation, for the purpose of asking from him, in the name of the Frenon government, an amnesty on behalf of the Royalists of NourchateL" THE NEXT CONGRESS. The Gasetts du Weser states that the principal aim of M. liabnees journey to Vienna was to pre pare the questions which are to be submitted to a forthcoming Coerces at Pavia. "It seems certain," says this journal, " that all the Powers are agreed upon convening this Congress ea soon as possible, and of submitting to it the differences which have arisen on many points treated of at the former Congress. It is thought hers that certain questions of high interest, such as the union of the Principalities and the relations be tween Montenegro and Turkey have been sufficiently debated to ensure a majority for the view adopted by Austria. As to the affair of Naples, it is hoped that the King may be induced to send of his own accord a plenipotentiary to the Congress, or to a special Con gress to be held afterwards, in which the Italian and Greek questions shall be considered." The official ()agate de Verona airs that at Vienna a kin belief is entertained, that the King of Naples will " comply with the friendly ressonstraneseof . . lowtria, which are entirely in bannony with the views of the French cabinet" THE WEST AFRICAN MAILS. (IT =sumo TILIOMPI.) Mom ouz *lnt PLYMOUTH, WIDUSDAT. The Candace,Afrkan Royal Mailstsam packet, Capt, Hawkeeley, arrived here last night. Her dates are —Old Calabar, August 29; Bonny, Sept. 2; Lagos. 13; Aeon, 8; Caps Coast, 9; Monrovia, 16; Sierra Lome, 18; Bathurst, 22; Gores, 23; Tenerife, 28; Madeira, 30. Her cargo comprises 340 casks of palm oil, 180 oaks. of bee's-wax, 70 pines of ivory, 3,000 onuses of gold dust, and sundry small packages. She brier twentreeven passengers. Her Majesty's ship Pimps. was at Lagos; Blood hound and Firefly at Sierra Leone; Dover, at Bathing I ia the aims, Bonny, Old Calabar, and Trois woo ismally very pod, with little sick• DIN for as seuls. At Lagos, Ms Thome Hatton was annum' by tits capsizing, ea the bar, of a oases, in which he was analog off to the Candace on the bth of Sep tember lest. The other ports oa the mast were generally healthy fix the wet mason. At Madeira, cholera was fast leaving the island, although there were still a number of OWL The supercargo of one of the Ethel& merchant vessel' had been ill-treated at Old Calabar, and a request had been mut to the Commodore to mend • ship of war then to seek redress. FRANCE. PARIS, TVISDAN EVININO, The Emperor and Empress were present at the Grand Opera yesterday evening, to witness the debut of Madame Idedori in the 1, Veree count Binickendceir, who is now in Paris on his way to Madrid on a diplomatic mission, was yester day presented to the Emperor at St. Cload by Baron de Brsiksow. The federal Ookisel Sanwa bad the honour of being received by the Emperor yesterday, to deliver his new credentials as Minister Plenipotentiary of the Swiss Confederation. Mgr. filasooni. the Papal Neneio, also had an sadism of his Majesty, to de ' liver a letter from the Pope, thanking the Emperor ' for the presents sent him on the occasion of the baptism of the Prince Imperial. The Imperial yacht, the Reins Hortense. arrived at Havre yesterday with Prises Napoleon on board, having effected the passage from Hamburg in fifty two hours. Immediately on the arrival of the vessel, his Imperial Highness was waited on by the Com missary-General of Marisa and the colonel of the 29th Regiment of the line, whilst a considerable crowd of spectators assembled on the quay. The Prince seemed in excellent health, es did all the persona who accompanied him. His Imperial Highness was to partake of a farewell dinner on board, and then to leave for Paris. The yacht, after her auks of 12,000 miles, would, it was thought, remain for some days in the Vieux Basin to effect some slight repairs. His Imperial Highness left Havre last night by the express train, and arrived at the P alai* Royal this morning about one o'clock. The Univers publishes an article on the monetary and fina n c i al in which it says _ _ The Stmaial oriels with which we are mused does sot ampries us ; It is the natural cosmogonies of ths naggers tin of "edit. It is evilest that when we borrow, the time for mama must emu, mew or later ; a perpetual credit is a palpable matradistiom. !teak Banns, matters go en far • time, end then comas the day for a settlement. It is than that theme/oldies of foolish sposelatiou man blots to the posed; beakruptey nous& baakraptey ; a suss of shame me thrum on the market; the miss of ass:mins ia derwanatod, &a., Be. The dead are then I buried, the wounded attended to, sad the gone ream- MUM in thos snow with mewed Atom. The vie tiros of the Bessie 'aspire ss with little pity, but it Is sad to talk that the Ism of spanalation has isnot the suss of the population. We have at this memonst M k," out eyes certaba establishments which are worthy of Law's (anus Mississippi Bank. Their Imaneary profits attract "mita away ham modal oanoprisas which would have frestillod. It may be said that the "vitals of Frame have bon comeatrated In Paris; the provisoes are in • state of many, which is daily lameased by the scarcity of provident. Moreover, thaaks to the sontopolitan quacks who overran all the states of Europe, Frisch emits' ins his. despatched abroad. Meaty is he ming more and same ram. The war atembed much, sad we shall maim men for the purebses of eon, as the pre mat harvest appears insanint. It is not is merehasttin, bat its gold and silver, that pommies foe ems are made is periods of alimentary orlon It is Mu that the vanes of California still nail us their bars of gold, but it will soon be head that the treasures of Califon& bus impoverished us. j Oar silver seam is already oa the plat of dkappaarlag. Econtansts hue allowed son dunes oa soasenteeses which eight ham bon antieinated. Let matters peas over in their snare! cum," has bete their motto. Now, today, we perceive that our silver tenant is minim end that it is too late te prevent this essigratloa. Is sit meths 626 mil lions is Over bam ben 'sported from Bauthanipton. It is probable that ladle absorbs all this Unease quality of o phsan. Gold which is sanest is Ranted is so nein • rgal teader is India; sad It Is oar silver whisk supylies **debit uperiemed ha nos Heat. lisonsenti are wit nosing an latemetiag esperiment. Mosey Is directed to the pont whoa • dented snits ; this Is a resssaind priaelple, sad the sum penal* will Slag it bask main to Prawn. Oaly It will retara nano' with "spasm sad tramped Aerie. Would It act bars ben sure proeset to have sued the.. upssielve trips f Have the inumerable diMentliss width arise hest • essaible dM miaatisit et eels la eleialetiot bete lakea, late maiden tins ? Natters rebus to their primitive state in the end, but is the meauwhile, loin seizes on prints fortunes and sa the public flames'. This must be prevented. Let u ummenee by begging the English to n establish gold cur may is their colonies, for it is impossible that we en sub mit to be despoiled of our silver only from a fantastle idea entertained by the But India Company. The changes proposed by certain economists have sacredly no chases of nuns; bat government must be acquainted with the real valae of the opinions of economists, end its intention ii cer tainly that of not listening to them." The Three per Cents. cloeed to-day at 66f. 33c. for the end of the month; the Fonr-snd•a•Half per Cents. at 91f.; and the New Loan at 664 55c.; Orleans Railway shares, 1,252 f. 50c. ; Great Nor thern, 950 f.; Btruburg, 882 f. 50c.; new shame, 7951.; Paris and Lyons, 1,255 f. Lyons to the Mediterranean, 1,7001.; Western of France, 8801.; Bordeaux and Cette, 7001.; ditto new shares, 720 f.; Great Central of France, 6161. ; Lyons and Geneva, 732 f. 50o.; Bank of Credit Mobilier, 1,480 f.; Aus trian Railways, 7951. THE ROMAN STATES. The troubles of the papal government at Pesaro are not yet quite over. They were occasioned, as will be remembered, by the attempt to exact the new tax which has been imposed on patents, and which cannot be collected without the utmost difficulty. The tradesmen of Pesaro have closed their shops unani mously, so that it is scarcely possible to buy even the commonest and most necessary articles in the town. The local magistrate at first made all sorts of pro mien to induce them to remove this interdict, but the engagements which he offered to make to the in habitants were all set aside at onoe by the delegate of the province, Monsignor Badia, who arrived at Pesaro soon afterwards with 400 Swiss troops. It is now asserted that the inhabitants have yielded, and paid the tax; but this was effected, be it observed, not by the compliance or coercion of the persons individually wowed to it, but by a subscription amongst other people of Pesaro to provide the aggregate sum. SPAIN. The Mats publishes the following statement in its correspondence from Madrid : ♦ angular Maiden% has slightly oompliested the Milli of the sequestration. The Britannic charge d'affsires, having obtained a knowledge of the intentions of the Minister of name, thought proper to ask M. Pastor Dies for expla nations on the subject. I am amend that the English diplomatist desired to know whether the raising of the sequestration was not a measure undertaken with a view of preparing the return of Coma Christina to Madrid ; and he said that the letter event would be comidered over all Europe as a return to a Tolley which had already produced a fatal effacing Spain, and of which Europe had mea at the time a reammable subject of complaist. It is said that M. Pastor Dias, to his reply to the English agent, questioned with vivacity the right of intervention which the latter had attributed to himself. The step takes by the representa tive of Lord Howdon has had a very different result to that antielpated. THE MONETARY CRISIS IN FRANCE. We have received the Moniteur of yesterday, and now subjoin a translation from the official journal of the report of the Minister of Finance on the budget of 1868, a telegraphic summary of which appeared in the Express of yesterday : " Sire,—At this period, when I have to ascertain the elements of the budget of 1858, in order that they may be submitted to your Majesty's inspection, I proceed, in compliance with your commands, to place before you a succinct statement of the most essential facts belonging to the present year, to indicate the general point of view in which our calculations of receipts and expenses ought to be made. "The circumstances through which we have passed, Sire, were very difficult ; sorts of misfor tune, so to speak, came upon us at the same time— war, cholera, the ioundstious, and the protracted dearth. At other periods, one alone of these calami ties has sufficed to exhaust the sources of employment and of wealth, to excite troubles in the community, and to embarrass the state as well as the fortunes of individuals. It was much to be feared that, with such a concurrence of disasters as we have been oppressed with, at least public confidence would have been impaired, and that the suspension of trade and manufactures would have caused a serious diminution of the revenue of the Treasury. Them multiplied misfortunes, Sire, bare no doubt greatly affected the heart of your Majesty; but despite such melanoholy trials, every sincere lover of his country and of the truth must feel happy in acknowledging the fact—perhaps a fact unique in history—that never, thanks to the confidence which your Majesty has inspired, was more complete security prevailing, or more perfect order; never were the energies of this nation more actively developed, never did the improvement of the public revenue so rapidly progress. "It is a singular fact that the difficulties of our present situation are those which arise out of the very excess of our prosperity, and in a manner oat of the excessive feeling of coetidenoe. By a fortunate necessity, the government has had to apply its efforts not to provoking, but restraining the general im pulse, and by repeated admonitions to keep specula tion within the bounds of prudent reserve. " The operation of the budgets now current, the state of credit, the Bank, and the Treasury, are the points towards which must converge, and at which chiefly meat be manifested, the symptoms which at any given period are most characteristic of the economical situation of the country, and supply the most accurate measure of its capabilities. As these data form the basis of a rational estimate of the wants and resources of the future, I beg your Majesty's permission to make them the subject of some obser vations. " The budget of 18M is now in mune of being brought to • settlement. The provisional account of it which was published last year showed an excess of expenditure of 100 millions of frame. This deficit is in the final account reduced to 75 millions. " The budget of 1835 has jut been closed, and we have every ground for hoping that the amount which it leaves to honoured will not go beyond 60 or 60 millions. "These figures will begun to be satisfactory, Sire, if they are compared with the average deficit of the five preceding years, which was not Ices than eighty millions annually, and if we bear in mind the enor mous burdens which the public calamities, even without taking the war into account, imposed in addition to the ordinary services of 1854 and 18-55, involving the opening of large supplementary credits. "These comparatively favourable results are to he attributed to the extraordinary increase of the revenue from indirect taxation, which last year attained the' enormous amount of 65 millions, without including 33 millions arising from new taxes. "At no period, under the most favourable in fluences, have the producing capabilities of the nation been exhibited in so signal a manner. " This movement, which was ascribed to the Exhi bition, has not ceased in 18.56. It was believed and asserted that it would cease; but that was a complete error. "The result, in fact, has been decisive u to that point. If the amount of the products of the country in 1855 had been owing to an accidental came, we should have seen, what always happens after a greet effort, a sudden pause in our industrial progress, and the products of 1858 would have fallen off and de scended even to less than thou of 18.54. " I am happy to be able to state, Sire, that the con trary has actually happened. "Not only has the amount of the year 1854 been attained and exceeded—not only, at least op to this time of the year, the extraordinary amount of 1856 has been reached—but the first months of the present year, compared with the corresponding months (glut year, give us a considerable increase. " This increase comes to 63 millions as compared with 1854, and nearly 28 millions u compared with 1856, in the first half-year only. "It is true that the comparison for the month of August is lees favourable—but that is immaterial, for it is WU explained by the payments of taxes by an ticipation, I. the month et August, 1866, occasioned by • wish to avoid payment of the newly imposed tenth. This partial falling off will, moreover, be soon compenuted for. The information we have rushed ' enables us to expect an increase of above twelve mil lions on the month of September. "Upon the whole, the augmented revenue from the old taxes, and the stun derived from the new taxes, together constitute an excess of about 72 mil lions above the amount of the estimated revenue for the nine first months of this current year. "The importance ot this calculation is beyond all dispute. "We have,therefere, Sire, without indu:ging in any illusion, the most substantial reasons to hope that the budget of 1866, notwithstanding the expense of con tracting the lot n, will actually exhibit, for the first time during many years, an equal balance-sheet. This desirable result, attained in times ot ramp. tional difficulty, is the best proot that the onward progress of the fortunes of the state hitherto is far from being slackened. " But shall we find any evidence to the contrary in the momentary depreciation of the public securities? "According to my opinion, such a view of the matter would be in error. "Thu is a very delicate subject, and difficult of appreciation. In the alternations of rise and fall of p'r6s much is due every day to the influence of tem. porary causes which are often inexplicable and unknown. But one fact of general observation and of a re•aseuriog character results from the present state of things, which it will soon control; and that is the perception, as every sincere mind must agree, that the giving way in the prices of our securities does not proceed either from a want of confidence or a diminution of capital in France, or a defect in the solidity of their titles, but solely from the multiplicity of the securities themselves. We must not be surprised at this, for it is the invariable law of trade that every sort of merchandise declines in market value in proportion to the quantity of the supply, especially it this exceeds the existing want and the amount of means at the time disposable. " The resources of France, Sire, are indeed great; they are immense, and recent events have showed their full extent. There could be any serious danger to them only if we came to persuade ourselves that they were infinite, and that they would suffice to perform in France, and abroad also, in a single day, that which should be the patient work of time. But let the prudent recommendations of your Majesty be listened to, and let the requisite time be afforded for the surplus to run off, and then the various CUMIN of securities will rapidly assume their true position, and the scale of their values will soon rise; for I expect their basis is solidly established, the existing securities are founded in general upon bona fide productive enterprises, and the elasticity of credit has, after all, been entirely maintained. The appre. hooded emberrseemente, I cannot too often repeat, could only arise, Sire, from such exeggerated specu lation as it is to be hoped the public will know how to guard against. " It is to the same cause that we must attribute the reaction by which last year, at this very season, the Bank of France was obliged to adopt some markt. Live measures. " Those measures were unfavourably appreciated by a portion of the public, because they were not always viewed with an accurate knowledge of the cause, nor in all cases with disinterested feelings. That great institution has to deal with such nume rous and diversified interests, that whatever it may do it cannot escape the disadvantage of injuring some of them, and in their judgment the course it may adopt, however wise it be, will always be the course which ought not to have been adopted. _ . - "What, then, was the state of affairs? The amount of discounts of the Bank daily assumed exor bitant proportions, and its reserve was rapidly decreasing. Everybody acknowledged that an immediate remedy was called for, and the only disagreement was about the nature of that remedy; the most serious measures were proposed ? What wse it, then, wtich the Bank did? Thenme which it had done, and always with success, under almost all the preceding governments when in analogous circumstanced. The Bank said to the public-- ' However liberal may be my statute', there is, nevertheless, a limit to the issue of my securi ties which the commonest prudence, if not an express law, forbids me to exceed. In order to enable me to grant assistance in a greater number of canes of need, it is necessary that every one should consent to reim bone me more quickly. Aod with this object the Bank contented itself, whilst raising the rate of interest, with shortening the date of bills discounted. No doubt from this measure resulted a certain de rangement in commercial affairs which was to be re. petted, but which was not without some compen sating benefit to trade itself. The resource, of the Bank, renewed more frequently, enabled it to make a treater number of discounts; if it. advances were for shorter periods, they were thereby multi plied; and upon the whole, during the months of October, November and December, under the opera. tion of the measure referred to, the amount of the Bank discounts exceeded by more than 600 millions that of the discounts in the same months of the pre ceding year. Sufficient notice has not yet been given to the enormous relief which was thus bestowed upon "By acting in this manner the Bank of Franc* stopped, u it had dons on former occasions, the evil which threatened to approach it, and did not cause those serious dirnrberices to trade which had been apprehended. The Beak of a neighbouring country, notwithstanding the great amount of credit which is characteristic of it, and the legal currency of its bank rotes, was obliged at the same period to impose re. atrictions upon trace, which in their effect, if not in their form, were far more rigorous. "The same circumstances which lest year deter mined the Bank of France to adopt such measures having been reproduced in the present year,tbe Bank has deemed itself bound to observe the same line of conduct, and expects from it the same result. "It may be said of the Bail, u well u of credit, that its difficulties do not arise from the fundamental °audition of affairs, but are caused by a temporary exuberance. _ _ _ _ _ _ "The exportation of specie has been spoken of. A mummies of bad h aaaaa ts,the purchase of silks abroad and other leas legitimate causes, have doubtless had their influence on the ex port lett on of our c oinsge; silver, in particular, bee become an object of a traffic which makes the public uneasy, and which consists in se lecting the finest pieces of coin and withdrawing them from the currency for their surplus value. This practice, the tendency of which is to deetroy the gene ral equilibrium of our monetary system, was under tho old law regerded us en act of debasement of the coin of the realm and puniehed with the severest penalties. Modern legislation cannot be powerless against such an abuse, which has nothing in common with the uudieputed principle of commer cial liberty. The attention of your Nl.jesty's govern ment is very properly directed to this evil. "But in looking at the question in its general and permanent tepid, we see, Sire, how unfounded are the fears which some entertain. When, notwith standing the exceptional needs of which I have just rpoken, the sum total of our exports exceeds the sum total of our imports by an enormous amount, it is impossible that the balance which is in our favour, and which since 1860 has amounted to 1,360,000,000 f, should not have brought to us against our sale* more specie than has lett as for purchases. A very remark• able fact comes to confirm this conclusion. According to official customs returns, France has received in gold or silver since the same epoch 800,000,000 f. more than she has exported ; the first eight mouths of the current year figure in this total for • bonus of 72,000,000 f. No doubt the declarations of exporta tion have some times bees incomplete, but the same is of true entries. What has become of this money ? It is not lost, Sire ; it is in the country; it has penetrated by the thousand ch•asels of circulation which aliment the numerous establishments of public works, manufacturer, agri culture, and commerce; it bee been meeting the new wants which result from the development of social activity, and by its fecundity it augments the general stock of pablio 'wealth. " The embarrassment now felt does not, therefore, aria from any fundamental vice, but from transient e•aess. " The situation of the Treasury, which is an excel• lest one, is a new proof of this. " The first two loans have been paid up, end the payments of the last, which will suffice to liquidate the war, are met with exactitude. " The public revenues augment, as I have just said, in a ratio without precedent. The taxes are • ~ r