The Express. — London, England, 1867-07-15 00:00:00

JOHN BROGDEN'S GOLD CHAINS b y t roy weight, at realisable value, and the workmanship at wholesale manufutureis' Wee'. The gold to the cbatia gua ranteed, and repurchased at the price charged. " Here's the note, How much your chain weighs to the utarat cara, The flu •lici4 of the gold, end charge for fustian. " SHUCK ...MARE. Mannfactory, ir. Henrietta *trent Covent gartirn. BRZAKFAST.-EPPS'S COCOA. B ROWN and POLSON'S CORN FLOUR for CHILDREN'S DIET. To ohtaln e.tra pr.dit by the sale other hinds are sometimes ofletv l indent of BROWN and POLSON'S. "John Bross." "John Poison," Ls signod by the makers on 'soh pa,ket. glie eri)reAfs. TO CORRESPONDWN'N Advertisements Intended for "The Ilzpreaa," London Evening Paw, mast be at the Office, 10, Bouverle-street, by Two o'clock on the day of pubUcattoa. DRURY LANZ. THIS ITISTII6I, MAT RASCAL JACK. Messrs. Rouse and Neville ; Mesdames Alleyne end Thompam.—To conclude with THE GREAT CITY. Rostra Cowper, M'lntyre. Villiers, Irving, ZOOM, Fitz James, & Warner: Mesdames Robertson & Le Tomas. HAYMARKET. TTUR EVIMING, PETER SMINK. —THE COQUETTE. Mews. Howe, Cumpt..u, thwdon, Vincent, Weatherby. &a. Mee. dames Sedgwiea, Mathews, Lewin, tte —Aud WHO WANTS A UUTNEA i Mews Bucksteue. I tippeudde, de.; Man Burke. rammer& Ten Ermese. TRUE TO TliE )RE. Meson Craver**, U. Marston, H. Kirmter, E. F. Edgar, etc.; Min a. l'auncefiort and Rua Melly Noon.—Duues open at halt.past seven ewe malice at eight. .11TILLIfp. Teti Levine°, REVERWI , 2I —.. . lefiers. Emery, Pareelle, Rob son, sod Swanboroagh • Mesdames Ada awanta.rough and Jahn. atone.—And THE LATEAT EDITION OF VELA ()UVULA. Mesas. Thorne 4 hum* ; Mesdames Holt, Newton, 111UTAtrifTA: TEM Emma. JAC CY LANTERN; OR, THE RACE COURAK. AND TIIK RIX E RIBBON Or THE nuaksion o and Mn Sl•Haffie ; the Champion Skaters of Englitod —And MOONLRiIIi JACK. Mr. J. B. Howe tt Miss f. Coveuey. WON WATIN AT LONDON lIRTDOL fan DAT —Morels& lk iSat Afternoon, 1k MLA to•Moaacnr—Mondan, 2ti. LONDON, MONDAY, JULY 15. TUE accumulation of money in all the chief cities of Europe continues almost without inter ruption. The only break has been in l'aris,where the last return of the Bank of France shows a de crease in the bullion of about 1,027,000/. Consi dering, however, that the total held still amounts to the enormous sum of near thirty-four and a half millions sterling, this reduction can be of no prac tical consequence. It arises, in fact, from the ordinary demand for coin to meet the Government and other disbursements at the close of the half year, and probably within the compass of a week or two the whole or a greater part of the sums now withdrawn will return to the Bank of France. In England we have experienced the strange con jradiction that the payment of the dividends has not Oidt tusrompanied by a decrease in the bullion at our own Bank. On the ether hand, the ir.f t .:r , of coin from the provinces has caused an augmen tation, a result which has been rarely witnessed at this period of the year. Again, the supplies of gold coming forward from abroad are unusually large. Each despatch from New York announces fresh shipments, and the amounts stated to be on the way from Australia are above the average during late years. At the mine time there is scarcely any demand fur export to the Continent, and thus whatever sums we may receive are sure to be taken to the Bank. It is true that the foreign exchanges, which are now strongly in our favour, may turn against us, but of this there is little likelihood. The rates of discount in France, Germany, and Hol land are already so low that there is no tempta tion to take bullion from this side. One or two foreign loans might perhaps absorb a portion of our redundant supplies. There seems, however, a very strong disinclination on the part of the public to invest in these schemes. Tho success of the last Russian and Chili= issues has not been so marked as to warrant any fresh proposals Erma Governments possessing a much less degree of credit. Spain and Portugal would doubtless be glad to borrow, and, as regards the former, the exceptionally good terms which are offered to the holders of the Certificates in contradistinction to the Passive bondholders appear to be intended as a step to clear the way towards bringing out a new stock in London. Portugal may be said to be out of the field in consequence of the disrepute which her credit has suffered through the treatment of the South Eastern of Portugal Railway Company by the present Government in Lisbon. Thus what ever outlet may be found for the existing plethora, it will certainly not be in either of those d;reo tons ; and leaving Spain and Portugal out of the question, no other Power appears likely to be mere successfuL According to the indications before us, it seems merely a question of a few days or a week for the Bank rate of discount to be lowered to 2 per cent. The reduction may be necessary, but it will be of no advantage to trade. It is a common mistake to suppose that because low rates of discount pre vail, commerce thereby benefits. The converse is usually true. It is because commerce is stagnant, and the demand for money comparatively small, that the rates of discount are low. Generally speaking, trade has been most active at a time when money is dear. It is simply a question of cause and effect. Activity in trade produces a strong demand for money. Thus if the Bank rate be at 2 instead of say 5 per cent., it is proof positive that we are doing less business than usual, or at least that we have failed to make the progress that we are fairly entitled to expect. On the other hand, supposing that our commerce receives s sudden impulse by which the charge for discount is within a brief period raised to 8 per cent. the nation profits much more than if it had remained at 3. It is unnecessary to go far back for an illustration. The increase in our commerce with the United States after the collapse of the rebel lion is • case in point. We at once undertook a large and profitable business, and in order to do so money was wanted. The rates of discount necessarily advanced to an extent that caused some financial authorities to predict an American crisis which never came. On the contrary, traders on both sides of the Atlantic were largely bene fited. There can be no doubt that, as far as com merce is concerned, we stood in a better position in October, 1865, than we do now in July, 1867. While money is cheap it is generally inferred that investments will be in request, and to a cer tain extent this conclusion is true. It seems only natural that if a banker can get something more than three per cent. by placing his money in Consols ho will do so in preference to discounting commercial bills at 2. In the former case he has at least the advantage that even at the worst he can count on realisation to lose but a small proportion of his capital. Against this he has the margin of a higher rate of interest. Hence of late bankers and other capitalists have been buying into the funds, but since for every purchaser there must be a seller, it becomes an interesting problem to find out what the small investors who dispose of their stock do with the proceeds. Certainly they du not embark in new foreign loans, for there are none ; neither are they disposed to look at the frvAll issues of preference stocks and debentures offered by those railway companies that are in extreme financial diffi culty. The really solvent and substantial undertakings have submitted to the pressure of public opinion and restricted their issues to the smallest possible extent, and those only to their own shareholders. New com panies are so utterly neglected that even the most sanguine promoter would hardly venture to publish a prospectus, except where the concern was of that substantial character that it could not possibly fail to receive support, or where the capital was sub scribed beforehand. Speculative concerns would be hopelessly tried, as every one perfectly well knows. There appears some reason to believe that the public are hoarding their money somewhat in the same way that took place just a year ago. There is, however, this difference, that instead of locking np bank-notes in their private safes they deposit their funds with their bankers. Hence there is more money available for dis count purposes, and the rate, instead of being 10 per cent., is barely 2. In fact, although people refuse to buy stocks, they do not feel that overwhelming distrust which induced them to withdraw their balances on " Black Friday," and many succeeding days. If small capitalists have little faith in most classes of investments, at least they have regained confidence in their bankers. The question remains, how is all this to end 4 We are as far from a solution as several months ago. It would have been equally reasonable to predict a new mania last April as to do so now, and most likely the position of affairs will not have changed by next November. The only course open is to watch the march of events. There is no greater characteristic of the money market than the capri cious manner in which the public alter their opinions. Blind confidence gives way to-day to equally blind distrust; to-morrow a brighter view is again taken, and promoters and speculators see their way to a rich harvest. OUR CONTEMPORARIES. (THIS DAY.) THE EXPRESS, MONDAY EVENING, JULY 15, 1867. should wait for government intervention. There is capital enough in the great centres of manufacturing and mining industry to found and endow the appropriate eatabliah went'. It is obvious, however, that a sound general education must precede technical training. The English mind and character, if it has often more force, has gene rally leas flexibility than that of most continental nations. It requires, therefore, more varied discipline. The suc cess of our schools of design shows how quickly training may create sensibility ►nd skill. In such schools as we wait for, the moat dangerous errors of the Trades' Unions would be practically combatted. AUlt GUESTS. All estimates must be highly conjectural, and bad weather may be nearly equivalent to a countermand, but the Times expects the public to rush to Spithead on Wednesday in numbers almost unmanageable—pro bably 10,000 Londoners alone expecting the rail ways to provide safe and rapid carriage. The sooner these people get to the London terminus the better, but the journey there will be easy compared with the return, and the Times draws a sad picture of what the ordinary Londoner will have to endure unless he is much more for tunate than the ordinary Londoner who saw the naval review either before or after the Russian war. One sug• gestion, !! 1 . r!t ; " ^Ant".rne. l may receive with balClit, is that they observe complete punctuality. The special trains for various favoured bodies are flied at early hours, but if, being ready at the appointed minute, they continue waiting indefinitely for illustrious personages too ' great to be left behind, it is evident the line will be blocked during the most precious hours, whether in the morning or at the return in the evening. The Doily Nears thinks we have some reason to look with complacency on the motives which stirred the nation on the visit of Garibaldi and the arrival of the Princess of Wales, and which are now securing a popular welcome to our Belgian guests. The latter come to us as soldiers, but as soldiers vowed only to defend their homes. and claiming brotherhood with us because they, like us, have no dreams of conquest, but only a firm determination to live or edie as freemen. It is the march of civilisation, the growth of self-respect, the recognition of law, the advancement of education, the purification and elevation of public opinion, which are symbolised in the idea of a citizen army. All these we know to be meant by the institution of a volunteer soldiery among ourselves, and we hail with delight the evidence that these ideas have penetrated and been recog nised abroad as well. Citizen soldiers are the strength of ' the oonititution and the safeguard of independence—in both capacities we bid our Belgian visitors God speed. Never, says the Telegraph, not even when Queen Vic toria scored the first bull's-eye at the national butte, has the Wimbledon Camp presented to the spectator a scene no brilliant and animated es that which characterises this year of festivals. London has been called a province of houses, and the Surrey heath is a city of canvas. It com binge the salient features of a military encampment and a racecourse, with strange rivals for the Grand Stand. The excellence of the shooting has been literally marvellous. No man ever dreamed that the Enfield rifle could be made to hit with such accuracy. What has been accomplished At Wimbledon only pique, us to expect more. The signs of progress are manifest, and we look for similar triumphs on a wider field. These interviews between nations sug gest advancement towards a nobler period, when disci pline and efficiency, directed by statesmanship, shall se cure something like a common alliance among the families of men. THR PROPOSED COUNCIL AT ROME. The rimier describes the great object of the late cente nary as the inquiry bow far the Pope's church could save his state; but in his quarrel with the Italian king dom the world can have no possible cause to meddle. The Pope cannot ask France, Austria, or even Spain, to avenge upon Italy those outrages which each of those powers was allowed to perpetrate with impunity, and Italy, Garibaldi, and the outcry of European opinion forbid him even to have his own will and pleasure within that territory which takes its name from the church. With re gard to the idea of a council the Time, would have hardly thought it possible, after the upshot of the famous Council of Trent, which hopelessly widened and deepened the breach of protestantism, for any Roman catholic church man to utter the name of council without shuddering ; and, whatever the Pope may have said, our contemporary cannot bring itself to believe that the notion haa been seri ously entertained. The first matter settled at Trent was that the votes should be taken by " heads, and not by na tions^—* resolution which at once secured a majority in favour of the Italian prelates. That resolution would, in all probability, have to he reversed on any new meeting of a council, and the Transalpine nations could hardly recover their ascendancy without perceiving that the church has far more sacred and more momentous in terests at stake than that of supplying a few Italian priests with those foreign mercenaries by the aid of whom they carry on a government which is no longer of our times. For the sa , ,e of the Roman catholic church, and of the Christian faith throughout the world, no less than of the cause of truth and progress, we might certainly wish, with all our hearts, that a general council might come together. But it is not by Rome that such an as sembly will ever be convoked. Rather, if it ever come to pass, it must be in spite of Rome, ►nd in antagonism to Rome. AND SKILL. Noticing the opinions of English jurors at Paris on the relative decline of England in inventiveness and skill, the Daily News points out that it is not alleged that England has absolutely fallen behind any of her rivals in industrial energy and skill, but that she does not retain in the great majority of trades that undisputed pre-eminence which we have been in tho habit of regarding as her inalienable pos session. This state of things is one which, properly vie wed,is neither surprising noralarming. Free trade, which places the several nations of the world upon the same level in regard to many of the raw materials of their industry ; the rapidity of intercourse, the easy migration of labour and capital, and the incessant interchange of ideas, are doing much to equalise the natural advantages of different countries, and to make them partnersin each other's skill and inventions. Under such conditions it is clear that the palm of industry will remain with the nation whose captains and armies of industry (to use Mr. Carlyle's phrase) possess the highest degree of general education and technical training. Eng land is almost entirely destitute of the means of furnish ing such instruction. But the eyes of those most interested an now opened to the necessity of it. They appeal to the State. The Daily New doss not see whyprivate enterprise ir kr Court. WINDSOR CASTLE, JULY 13. The Queen, Prince and Princess Louis of Besse, Princess Louise, Prince Arthur, Prince Leopold, and Princess Beatrice left the Castle this afternoon, at twenty minutes past 4 o'clock, for Osborne. The suite in attendance consisted of the Duchess of Roabnrghe, Baroness Schenck, Major-General Sir T. M. Biddulph, Lord Alfred Paget, Colonel the lion. A. Her dingo, Captain Von WeaterweUer, Dr. Becker, and Mr. Legg- The Princesses Victori►, Elisabeth, and Irene of Hesse, and the infant Prince Christian Victor of Schleswig-Hol stein, left the Castle this morning for Osborne. Counter Blucher has left the &stk. Mr. G. D. Engleheart had the honour of dining with the Queen and the royal family yesterday. The Queen went to St. George's Chapel on Friday after noon, and inspected the monument of the late King of the Belgian', which has been executed by Miss Durant, and erected by command of her Majesty. OSBORNE, JULY 14. Her Majesty, accompanied by Princess Louis of Hesse, Princess Louise, Prince Arthur, Prince Leopold, Princess Beatrice, and Prince Louis of Hesse, arrived at Osborne yesterday evening at a quarter before 8 o'clock. Divine service was performed this morning at Osborne before Princess Louise, Prince Arthur, Prince Leopold, Princess Beatrice, and Prince Louis of Hesse. The Rev. R. Duckworth officiated. MARLBOROUGH-HOUSE, JULY 13. The Prince of Wales, attended by Colonel Kingscote and Captain Ellis, went to Wimbledon this morning, and was present at the reception of the Belgian Riflemen. In the afternoon the Prince of Wales, attended by Ge neral Sir W. Knollys and Captain Ellis, visited his Impe rial Majesty the Sultan at Buckingham Palace. The Prince of Wales gave a state dinner at Marlborough house in honour of the Sultan. The following were invited to meet his Majesty : The Grand Duke of Mecklenburg Strelite, their Imperial Highnesses Mu rad Effendi and Hamid Effendi, the Duke of Cam bridge, Prince Edward of Saxe Weimar, the Prince of Teck, his Excellency the Turkish Ambassador, his Excellency the Austrian Ambassador, his Excel lency the Russian Ambassador, his Excellency the Prus sian Ambassador, his Excellency the French Ambassador, his Highness Fuad Pacha, his Highness Mustafa Paoha, his Highness Halim niche, his Excellency Djeruil Pacha, his Excellency Djemil Bey, his Excellency Emin Bey, the Duke of Marlborough, the Duke of Beaufort, the Duke of Buckingham and Chandoe, the Earl of Tankerville, the Earl of Bradford, the Earl of Derby, Viscount Stratford de Radcliffe, Lord Stanley, M.P., the Right Hon. Sir John l'akington, Bare, M.P., the Right Hon. Sir Stafford Northcote, Bart., M.P., the Chancellor of the Exchequer, the Right Hon. H. T. L Cony, M.P., General the Earl of Lncan, General Lord Strathnairn, General Sir John Bur goyne, Bart., General Sir William Codrington, Lieutenant. General Lord itokeby, Lieutenant-General Hon. Sir James Scarlett, Lieutenant-General Sir John Pennefather, Vies- Admiral Sir Alexander Milne, Vice-Admiral Sir Sydney Decree, Lord Raglan, Major-General Hon. A. N. Hood and Mr. Lionel Moore (in attendance on the Sultan), General Sir Knollys, and Captain Ellis. An evening entertainment was given, to which the fol lowing were invited :—His Excellency the Minister of Turkey at the United States, his Excellency the Minister of Turkey in Italy, the General of Division Marco Pacha, Admiral Balsam Paths, General of Bri gade First Aide-de-Camp Rood Pacha, the Second Secretary of his Imperial Majesty lialim Effendi, the Second Chamberlain Halid Bey, the Third Cham berlain Ziver Bey; the Fourth Chamberlain Mchmed Bey, Colonel Aide-de-Camp Rica Bey, Colonel Halle Bey, Colonel Mehmed Bey, Lieutenant-Colonel Aide-de- Camp Salyh Bey, the Chamberlain Foiled Bey ; the First Almoner to his Imperial Majesty, Hairoullah Effendi, Major Fazli Bey, Captain Hakki Effendi, Captain Suleiman Effendi, Captain Mouzaffer Bey, Captain Spridion Effendi, Captain Web Effendi, Captain Me. hemed Aly Effendi, Captain Osman Effendi, Captain Soufoukli Effendi, Captain Lazar Effendi, and Lieutenant Thussier Effendi (Staff officers in attendance on his Impe rial Majesty) ; Viscount Hamilton, M.P., Lord Harris, the Hon. H. G. Elliot, the Hon. A. T. Fitzmaurice, the Hon, C. L Wood, Colonel Kingscote, M.P., Colonel Pon sonby, Lieutenant •Colonel Keppel, Major Sir John Cowell, Mr. James Red li ouse, Mr. Fisher, Mr. Holzman, and Mr. F. Knollys. The band of the Grenadier Guards, conducted by Mr. D. Godfrey, was in attendance and performed the follow ing selection of music : Coronation March, "Le Yrophete" Meyerbeer. Barcarolle, La Gondola, el:lammed by his Impe rial Majesty the Sultan. Melertion, " ha Diavolo" Danivh Melodies. Ertutdda, "Fruit" Quadrille, "La Vie Parisienne. Selection, " L'Hiesir crammer Vales, Belgravia" JULY 14. The Sultan paid a visit to the Prince and Prinoeu of Wales at Marlborough-house. The Prince of Wales, attended by Captain Ellis, called upon the Duke and Duchess d'Aosta, at the Clarendon Hotel. The Duke and Duchess d'Acuts visited the Prince and Princess of Wales at Marlborough House. A Cabinet Council was held on Saturday at the ofScial residence of the First Lord of the Trea sury, in Downing-street. The Ministers pre sent were the Earl of Derby, the Lord Chancellor, the Duke of Marlborough, the Earl of Malmes bury, the Right Hon. G. Hardy, the Duke of Buckingham and Chandos, Sir John Pakington, Sir S. NortFcote, the Chancellor of the Exchequer, the Right Hon. H. T. L. Corry, the Duke of Richmond, Lord J. Manners, Lord Naas, and the Right Hon. S. H. Walpole. A deputation, consisting of Mr. Hartley, M.P., Mr. Candlish, M.P., and Captain Herbert, R.N., bad an inter view with the Lord President of the Council at the Privy Council-office, Whitehall, on Friday, on the subject of the importation of cattle at Sunderland and the neighbour ing porta. A deput►tion of tho sheriffs substitute of Scotland, con sisting of Mr. Russell (Roxburghshire), Mr. Sconce (Stir. ling), and Mr. Dove Wilson (Kincardineshire), had an interview with the Right lion. Gathonie Hardy at the Home-office on Friday. Despatches were received on Saturday at the Colonial office from the Governors of New Brunswick, Nova Scotia, Prince Edward's Island, and British Honduras. Despatches were sent to the Govcrnor•General of Canada. The Duke and Duchess of Sutherland will give a banquet this evening to his Highness the Viceroy of Egypt at Stafford House, St. James's; and later in the evening the duchess will have an assembly, to which all the members of the royal family, together with the foreign ambassadors and nearly 700 members of the aristocracy, are invited. His Excellency the Prussian Ambassador and the Countess Bernstorff and family leave the Prussian Embassy on Carlton-houue•terraee to-day, for the Conti nent, for a few months. The Earl and Countess Grey returned to town to-day from visiting the Duke and Ductless of Somerset at Bulstrode Park, Bucks. Sir John Rolt, the newly-appointed Lord Justice of Appeal, takes his seat on Wednesday, when the business of the wart will be proceeded with. it is not improbable that the Sultan and the Vieeroy will visit the Houses of Peers and Commons this evening. The Sultan has expressed a desire to be present at a portion of some interesting debate in the lower house of the legislature. General Heumein has arrived at the Clarendon Hotel from Paris. EXPRESS FROM PARIS. (nom ova oww ow PARIS, SUNDAY Evrry.cc. Some of the semi-official journals insinuate that the extraordinary mourning demonstrations made by the court of Berlin for the death of Maximilian are hypocritical, and intended to serve as an ex cuse for lachrymose newspaper articles, the real object of which is to throw odium upon France. The more the origin of the Mexican expedition is talked of in Europe the more it is calculated will the Emperor Napoleon be held responsible in Austria for its tragical conclusion. If the Emperor Francis Joseph can be brought to think that an alliance with France would be odious and fratri cidal a great point will have been gained. The French public is, however, assured that these Prus sian machinations will not succeed ; that the Emperor of Austria sees only in Napoleon 111. a brother who sympathises with his grief ; that France and Austria are united as before ; and that although the meeting between the two Emperors will be deferred for some days their grasp of each other's hand when they do meet will not be less friendly nor less hopeful than it would have been under happier circumstances. The Memorial Dipiomatique pretends that a tele gram from the Austrian minister at Washington happily contradicts the news that the body of Maximilian could not be given up because it had been cut to pieces, but adds, that " the assassins intended to extort a very large sum of money for the corpse." This is highly improbable. Juarez told the Prussian and Austrian ministers that he thought the death of Maximilian necessary for the interests of Mexico ; but there is no reason to sup pose him so deprived of common sense as to render himself gratuitously odious to the civilised world by selling a dead body. I also regard as an idle invention the rumour mentioned in Parlia ment by Lord Derby that M. Dano, the French chargß d'affaires in Mexico, was likely to be de tained as a hostage for the extradition of Almonte. Juarez must know that it would be absurd to ask France to give Almonte np ; and he must also know that if he were to hurt the hair of the head of a French diplomatist he would afford the Emperor Napoleon an excuse for another expe dition which he would undertake with the full support of the nation. The Marquis de Moustier's despatch, communicated to Mr. Fane, does not seem to have been quite accurately transmitted to England. M. Dano did not say that he expected to be detained, but that " a rumour was abroad in the town " that he would be. He did not express any uneasiness about it. It is well known that Mr. Seward has given a hint to Juarez to be very careful not to molest the . French, and his own interest must have led him to pay attention to this recom mendation. lam persuaded that the story about M. Dane will turn out to be without foundation. A Vienna letter of the 10th, in the Memorial Diplomatique, says : The Emperor Francis Joseph has returned to Vienna, after having accompanied his mother to Balzbourg. The question has been aleuseed, whether the sad news of Maximilian's death should be communicated to the Empress Charlotte. M. Radonetx, prefect of Miramar, reported th►t Dr. Innek was decidedly opposed to such a com munication, and declared that he would resign if the family acted contrary to his advice. Count de Bombelles, who came from Miramar for the conference, was of the Dune opinion as the doctor. It was therefore resolved that the unfortunate widow should be kept in ignorance for the present. This accounts for the postponement of the Queen of the Belgians' journey to Miramar sine die. The execution of certain instructions given by Maximilian in the event of his death will now be suspended. The Marquis Corio, who was the bearer of these instructions, is about to leave Vienna for Balzbourg. THE FRENCH DUELLISTS. It appears from an article in the Pays signed by M. Paul de Canagnee that M. Vermorel, the editor in chief of the Courrier Francais, is to be subjected to the stick, because he refused to meet Csasagnac in a duel : " M. Vermorel in announcing that he would not fight, has executed justice upon himself, says the Pays, and has henceforth exposed himself to the regime of the stick from all his present and future adversaries." To this threat M. Vermorel replies in the Courrier of to-day :—" As to the threats of M. de Cassagnac we hold them in the contempt they deserve. Several persons have come to us and offered to be our body-guard. We thank them sincerely, but the unanimous expression of publio opinion is a sufficient protection. Besides, the police have been established for the protection of honest men from malefactors." The Courrier announces the following singular act on the part of the authorities :—" This morning a commissary of police came to our office to seize the letters of adhe sion which we received to the League of Contempt," and announced to us that we should ourselves be prose cuted for exciting to hatred and contempt of citizens. We are not much troubled at this," add■ the Courrier, "for we are not aware that the Casstagnace constitute a clams in the nation, and that they are pro tected by any speci►l law." It results from this that the Caseagnses send a challenge, thereby violating the law ; they next threaten with the stick the person who has refused to fight with them, and the authorities interfere by making a ramie on the office of the challenged and cudgel-threatened editor, and inti mating that he will be prosecuted for exciting to hatred and contempt of citizens ! M. Weiss, the editor of the Journal de Paris, announces that he is also to be prosecuted. The brothers Duruy called at the office of the Journal and assaulted M. Weiss. M. Weiss defended himself, and If. Weise is the prose cuted party! Amongst the numerous banquets which the Paris Exhibition has given rise to must be mentioned that offered by the Royal Italian Commissioner, Count Chiava rini, to those of his countrymen who have gained prizes. The names of Gioberti, Manin, and Garibaldi were re oeived with acclamation ; and there was an especial burst of patriotic enthusiasm when MM. Cslsmetta, Castellani, and Levy proposed toasts bearing upon Rome and Italian unity or the temporal power, whilst the spirit of intoler ance and the government of priests and monks were nn• mistakably condemned. Romeo e Giulietta is to be repeated at Covent- Garden to-morrow, Thursday, and Saturday, and for Fri day " • grand opera" is announced, in which Bldlle. Pauline Lucca will appear. The Times says that at Wimbledon on Saturday, as far as could be learnt, there was but a single instance of want of courtesy towards the national guests. This occurred in the case of a member of one of the Middlesex Artillery regiments, who must hare dined too freely, inasmuch as it became necessary for two officers of his own corps to eject hit,. ignominiously from the grounds of the associa tion. Colonel French, M.P., in a letter to the Dublin papers, draws attention to the number of persons who, although they hold Irish titles, have neither property nor residences in the oonntry. Among them are the follow ing :—Phippe, Mulgrave ; Wynn, Newborough ; Dl'Donald, 3l'Donald ; Molyneux, Sefton ; Carpenter, Tyroonnell ; Edwards, Kensington ; Ongley, Ongley ; Hood, Bridport ; Littleton, Westeote ; Montage, Rokeby ; Eden, Auckland ; Graves, Graves ; Shore, Teignmonth ; Henniker, Henni ker; Weldegrave, R►datock ; Gardner, Gardner; Per kyns, Radcliffe; Jones, Ranelagh ; Smith, Carrington; Vanneck, Huntingdon ; Dummy, Downs ; Aylmer, Ayl mer ; Barrington, Muenster ; Osge , Gage ; Barrington, Barrington ; Orimston, Venda= ; Herbert, Clive ; Duff, Fife ; Thelluson, Readied's= ; Cholmondeley, Cliolmou deley ; Vaughan, Lisburne ; Lambert, Cavan ; Talbot, Waterford and Wexford; Cradook, Howden ; Grenville, Nugent ; Villiers, °nudism. Colonel French states that had it been necessary, he would have read this list out Sir Colman O'Loghlen's motion for an address to the crown. EARL RUSSELL ON THE IRISH CHURCH. A corrected report of Karl Russell's speech on the Irish Church on the 24th ult., published to-day in a pamphlet form by Mr. Ridgway, has the following preface by the noble earl : " In publishing a corrected retort of my speech on the church of Ireland, I wish to call the serious attention of thoughtful men to the present state of affairs. If we say at once that all Roman catholic' are idolators, and therefore, we can give them no state support, we ought in the first place to go back upon what we have done at May nootb, at Malta, and in Canada, and in the next place, to resolve that for the future we will govern Ireland by force alone. The tenantry of the Irish counties would have a far better prospect of good treatment from their landlords, if they were subjected to absolute government; and had not nominally the choice of members to represent in parlia ment. They cannot have leases, it is argued, while they have votes ; they must be kept in subjection to the land lord, in order that they may not give a majority to the nominee of the priests. The next alternative is to have free government, but to abolish all support to religion, whether protestant or Roman catholic. The immediate consequence would be an irresistible demand for the abo lition of the established church of England, and the estab lished church of Scotland. But are either England or Scotland prepared for such measures ? I believe not . There are, however, two preliminary objections to a change which would give to Roman catholic' and Presbyterians any part of the revenues of the established church. The first is that stated by Lord Derby, namely, that the church established in Ireland has as much right toita property, as the Duke of Bedford has to Covent-garden and Woburn Abbey. If this objection is meant to place the right of the present Archbishop of Dub lin, during his life,pd that of the present Duke of Bedford, during his life, to property formerly held by the Roman catholic church, on the same footing, I fully admit that right. But who are their heirs? The heir of the Duke Bed ford is known to the law, and will succeed as a matter of course. The heir of the bishops and clergy of the church esta blished in Ireland, is the state. If the state chooses to dispose of the property in a manner different from its present appropriation, it has a full right to do so. If the state maintains the present appropriation, the heir of the Archbishop of Dublin is the man who, ►fter • careful education, has embraced the clerical profession, and basso distinguished himself by his morals,his orthodoxy, and his learning, as to attract the preference of the First Lord of the Treasury, and obtain the favour of the Crown. But every man in ',viand, nay, every man in England and in Scotland, may upon these terms look forward to be the heir of the Archbishop of Dub lin—in other words, the nation at large are the heirs of the present holders of church property in Ireland. But it is said by Lord Cairns, that if presbyte rians and Roman catholic' are admitted to par take in the benefits to be derived from church property, every religious sect is entitled to its share. This, how ever, is • mere captious objection. To omit four millions and a half of Roman catholic' in your state distribution is a palpable and glaring inequality; to omit 10,000 baptists, or 20,000 of the Society of Friends, is only to make your distribution harmonise with the policy of the state, and the general welfare of the community. These, how ever, are but screens to hide an obvious and shining truth. The great majority of the people of Ireland belong to the Roman catholic church. If the state adheres to the principle of a church establishment, the repair of Roman catholic churches, and the purchase of glebes for the Roman catholic clergy by the state cannot justly be refused. ' If the state adopts the voluntary principle, the religion of one-seventh of the people of Ireland can no longer be endowed. It is for the British nation to choose. I have mentioned in my speech, without at all binding myself to the details of his scheme, the proposal of a Roman catholic judge, Mr. Justice Shoe, as the one which I conceive likely to promote peace and content in Ireland with the least disturbance and personal suffering. But at all events, the people of Ireland are fully justified in asking for justice from parliament in the session of 1868." REPORT OP THE COMMISSIONERS OF CUSTOMS• TRADE WITH THE UNITED STATES, &c. In presenting to the Treasury, in a report issued to-day, statistics of trade and revenue for the year 1866, the commissioners of her Majesty's customs mention a variety of facts of unusual interest. The values of the ex ports of British and Irish produce in 1866 show as com pared with 1865. which was a year of great prosperity, an increase of 23,000,0001., and the imports into this country an increase of 24,000,0001. On nearly every article of general consumption liable to duty there was a conside rable rise in the quantities consumed, increasing the gross receipt of dutiestlespite the extensive reductions that have taken place in latter years, by 196,379/. Examining a little more in detail the above results, we find that the foreign country which has taken the greatest supply of our produce andmannfactures,and which shows the largest increase in the values of our exports, is the United States. France stands next in order—then come Brazil and Egypt, China and Holland after them. The result of the vast increase in our trade with the United States has been to restore the values of our exports to that country to a superior position to that which they occupied before the American war. The rise in our exports to France is also remarkable, showing an increase over 1865 of 2,633,9211., and over 1862, the highest previous year, of 2,486,6491., and presenting a return considerably more than that of 1860, the year before the treaty took place. The principal articles exported to France which show an increase are cotton piece-goods, woollen manufactures, worsted stuffs, cotton goods, wool, coals, and wheat. The latter item is calculated to excite some surprise, con. sidering the deficiency of our harvest, but it appears that at some period of the year prices ruled higher in France than in this country ; and tempted the transfer of a portion of our supplies to meet the wants of our neigh bour, who, though sending us such large quantities of grain, is nevertheless an importer on her own account of considerably more than she exports. With the whole of the vast increase of more than 24.000,0001. in our imports, the United States are to be credited. The imports from the United States last year were 46,852,41., an amount not only more than doubling that of 1865, and exceeding that of 1864 and lBtis put together, but surmounting also that shown in any previous year in the history of our trade with the United States, with the single exception of the year 1861. The supplies from the Southern States have risen first from 365,000/. only, to upwards of 5,000,0001. in 18115, and to upwards of 24,000,0001. in 1666. It seems that the supply of wheat from the United States almost entirely failed us in 1806, having fallen to the value of 375,0001. as com pared with the value of 3,685,000/. in 1864. The values of our imports to France have considerably increased, though not in the same proportion as those of our exports to that country, the latter showing a rise of 29 per out. and the former one of 17 per cent. It appease that the quantities of cotton imported from all countries show an increase of 41 per cent, on quantities as compared with an increase of 17 percent. on values. Of the increase of 3,563,854 cwts. given by the total return the United States contribute 3,430,580 cwts. There is, moreover, a large increase in the supply of cotton from our Indian powleasions, amounting in the aggregate to 1,512,035 cwts. Brazil also, though exporting in much smaller quantities than India, has increased her cargoes by 117,137 cwts. ; while Egypt, China, and Turkey, the countries next in importance, and to whom we have been much indebted during the years of the cotton famine, have in 1866 fallen short in their supply to this country by 921,240 costs. The commissioners think the fact especially worthy of observation that out of the 11,000,000 cwts. of cotton forwarded to England in 1801 upwards of 7,000,000 carts. was sent by the United States alone ; while last year , on the other hand, the picture is reversed. The United States, though fast recovering from their state of depression, have only sent us 4,600,000 ewes., while the necessities and advancing consumption of England have so encouraged the cotton culture in other countries of the world, actually creating it in some instances where none before existed, that the supply of 4,000,000 cwta in 1861 has been raised to more than 7,600,000 cwts. in 1866. We observe from the return that the import of French wines into this country is making rapid strides, the quantity having increased in 1866 by upwards of 25 per cent. as compared with an increase of Spanish wines of 9 per cent, only, and an actual falling off in Portuguese wines of 5 per cent. IL Gregory Gamow and M. Simon Deutsch bate unwed at the Clarendon Hotel from Paris' . ROYAL AGRICULTURAL SMISTY. trios ova araCTAr. CORIZSPONDINT.) BURY ST. EDMUND'S, firsu AL It is much to be regretted that the cattle pla gue again interferes with the holding of this annu a l show. The ravages of the rinderpest last ye ar prevented the meeting being held at all, and although the disease only prevails in isolated dis tricts and instances, the council considered it neces sary this year to prohibit the exhibition of cattle. The ordinary inhabitant& of this,district are tee much addicted to the ways of their forefathers to speak of the affair as an agricultural exhibition ; it was called a cattle show in the olden times, and a cattle show it is called now, although on this porn. cular occasion the old-fashioned term will be a mis. nomer. Bury St. Edmund's is not a large town, but a more suitable place for a gathering of this kind could not have been selected. It is the centre of a district eminently agricultural, in cluding within its sphere richly farmed counties like Cambridge, Essex, Hertford, Huntingdon, Norfolk, and Suffolk, whose farmers are well known for their good fortune in possessing lands that are full of fatness, for their courage in kick ing out of their way whatever time-honoured me. thods of cultivation science has condemned, fo e their promptness in adopting suggestions and con. verting them into systems if they were worth it, and for their sensible pride in having good homeste a d s and substantially laid out farms. No doubt one of the reasons for this pre-eminence in agriculture is due to the fact that the farmers of this district har e been more anxious to be reputed solid, progressive, agriculturists, than mere " gentlemen farmer; who play at farming in a spirit of patronage, and never appear amongst the straw without lemon-coloured gloves. The claims of Bury St. Edmund's to the honour it this year enjoys make it all the more unfortunke that the graziers around are unable to show the world what they can do in beast-rearing ; and this becomes a positive misfortune when it prevents the Viceroy of Egypt from seeing an array of cattle he would probably never forget. Horses such as we can never hope to see, much less breed, he can employ every day when at home ; implements even he has made himself thoroughly familiar with ; but the fat kine of a district like this are not often to be seen, even on the banks of the Nile. The inhabitants of the town are honouring the event with wonderful spirit. Their out-door deco rations are very pretty, and somewhat original, consisting chiefly—as might be expected in bright, clean, flower-gardened little place like this —more of garland and leaf than chopped paper and ill-concealed tinsel. There are several tri umphal arches, rather light in structure, but very elegant, as must be the case when the chief sup ports are often actual fir trees in freshest green. There are flags of course everywhere, and mottoes in plentiful crop. Prominent is our ancient ac quaintance, " God speed the plough," and a num ber of short sentences expressing a fervent hope that agriculture may prosper, increase, and go on increasing. The chief thing to be noticed in con nection with the inscriptions is the endeavour made, for the first time at these meetings, to place horticulture side by side with agriculture. The Royal Horticultural Society have ven tured at last out of London, and a grand exhibition under its auspices will open here on Tuesday. The entries far exceed the ex pectations of those who ventured to start the ides. There will be an aggregate of 2,500 speci mens, many of them of rare and beautiful flowers. This of itself will attract a large number of visitors. At present the hotels are full, and the lodging. house keepers are going through the peculiar expe rience which all of us who have had the ill-fate to visit towns thrown out of their ordinary life have learnt to our cost. The good folks think the world is coming to Bury, and that there never was a finer opportunity of making the world pay for its visit. No doubt we shall have visitors to-morrow by thousands pouring in from village and town far and near ; but the honest housekeepers who think a pound a night a moderate sum to ask for simple shelter, and who are reserving themselves under the belief that they will get it, will find, as others have found elsewhere, that they have overreached themselves, and lost their chance entirely. There is no lack, apparently, of accommodation, and temporary visitors will have no difficulty in finding food and drink; on the ground. The vehicular property of Bury is severely taxed this week. There was a tale told last night of a frantic proprietor telegraphing to town for fifty cabs to be forwarded by the next parcel delivery, and receiving a reply informing him that London, in its present fevered state, could not keep its pulses throbbing if a single cab was withdrawn. Visitors to the show will be greatly assisted by a plan of the ground published with the Bury and Norwich Pout, which, by theway, for the first time in its long history—it was established in 1782—will become a daily during the week. Some anxiety is felt about the weather, for there have been heavy storms since yesterday morning, and this afternoon the lightning, thunder, hail. and rain are very severe. The frequenters of Royal Agricultural Society's meetings will find Bury an agreeable change from such places as Newcastle. The trials of implements which have boon made since Wednesday have not been so fully attended as they would have been had there not been eo many counter attractions in London for the landed proprietors and other wealthy lovers of farming, who usually pay special attention to this portion of the programme. The gentlemen who were pre sent were, however, very appreciative and intelli gent spectators, being for the most part men pray. tically versed in the subject. By implements must be chiefly understood the machines used for thresh ing, crushing, grinding, and locomotion. &lb - - eight steam engines at work, with no powers * of smoke consumption, could be bo th heard and seen , and the visitors to -morrow will have the upper tunity of enjoying a repetition of the performance. The anxious comparison of notes heard heretofore amongst the farmers respecting the drought need rad with not te be made th ade erainfall. after to-clay, for the ground is sato- The following ships connected with Southampton will attend the naval review, viz., the steamers Rips, Syria, Tanjore, Bangalore, China, Seine, La Plata, Cambrian. Anglian, Lady Wodehouse, Lady Winton, &Usher/. Southampton, Cesare*, Zaire, Boston, Alexandra, Yews Medina, Lady of the Lake, Lord of the Isles, sad its sailing ship Grasshopper. Special trains will run re k - ed' nesday between London and Southampton, and between Southampton and Portsmouth. The prices of tickets to go on board the Southampton ships to see the review r.'no from ss. to 21. 2s. There are now SO yachts belonging to the Royal Yacht Squadron ►t the Cowes station, and :10 belonging to the Royal Victoria Yacht Club at the Ryde station, all of which are expected to be present at the review. All the hotels in the Isle of Wight are full in consequence of the naval review. It will be a shut shop day at Ventnor on Wednesday, and special trains will run from that town to Yarbridge, the nearest ■tition to Beall bridge down, where it is expected some thousands of persons will resort for the purpose of seeing the review from the land. At Gosport the magistrates hive recom• mended a general suspension of business on the review day. Portsmouth and Southsea with the suburbs are already crowded with visitors, and prices for lodging, at hotels and private houses rule at almost fabulous rates. The Judicial Committee of the Privy Council sat on Saturday at the Council-chamber, Whitehall. to hear Indian petitions. The lords present were :--nd James W.Colvile, Sir E. Vaughan William•, Sir Mama'. Kindenley, and Sir Lawrence Peel. On Saturday afternoon the annual meeting of the Royal Society for the Prevention of Cruelty to Animal' was held at Willis's Rooms ; the Earl of Harrowby to the chair. The Earl of Lichfield, Lord De Rog, Colonel llig• gins, Sir J. Butler East, Prebendary Jackson, Archdeacon Fearon, Dr. Fraser, Sir Walter Stirling, Mr. S. Guniey, M.P., and Baron de Canmont, were also present. CLERICAL Vitarmarrs.—The clergy of Windsor last Sunday adopted the surplice in the pulpit, in theta's' , of the University gown. This alteration is iu seraphim , ' with the Bishop of Oxford's recommendation in losjoe fond letter, and with the permission of the vicar. It IS kf no means a ritualistic innovation, as some people seem is imagine. bat the result of an amrmative to the prer.* tion that the sermon is a portion of the church perm" sad not a mere voluntary supplement.—Windsor B:1'' After' Thit des Id: in Gni and liabilit some of 101., The the coui fore Wil Payne, tusticee chairing Twenty The g Laving briefly I of their The than 15! for taloa sal perm are—obi police is lie scree ing, furl harm, is A tee M• Mina 1101111111 i the land The p Monday said am Witness one of t the led time wa he looks eignboar reply to not low that the and was Georg the win, He put 1 witness by his ly behind t When said tha Sarah TN Mr. Ir lowing Tent, an in sheer' The WI servant assured fused to aisaded attendee Sarah appeared ing_his Mr. ordered The pr Rloze and violc fore Aid the deatl It app day nigh her room her infer that she Richard with her decided middle o not being In the m Robert M The pd., been belt that thf against t trial 011 If illia mosoltini l Comp' : irueuin seat it t /raids h ,00 teen the attention cab. Co ineventit wsa in th tGallia its eat it defeadat ._Defend .aff Tenn, t° in t h at ha the he 8.1 COtna Mr. h e j Ls to N a y Compli ~.~ ~`~•.