The Express. — London, England, 1866-03-13 00:00:00

TELEGRAPHIC INTELLIGENCE. (=urn's TILTGRAMS.) MOVEMENTS OF RUSSIAN TROOPS. ,VIENNA, Yawn 12. The Armes Fremdenblatt of to-day published' tele grap/do advicea from Czernowitz, asserting that, according to reliable information, the Russian corps of olgervation now stationed,on the Pruth has, within the last few clays, been considerably rein forced. ROMANIA. BITOIiAREST, Yams 12. A report is current here that Prince Alexander of Hesse Darmstadt will be nominated Hospodar of the Principalities. The Roumain deputies ap pointed to proceed to Paris in order to afford in formation to the Conference on the question of the Principalities will leave for France to-day. The Princess Conzs will return to Ruginosa with the permission of the government- K Balaoeano has been appointed agent of the Principalities at Paris. M. Golesco will proceed in the same quality to Con stantinople. HUNGARY. PESTH, RescH 12. The sitting cf the Lower House of the Hunga rian Diet, which was to have been held to-day, has been adjourned until to-morrow on account of cer tain obstacles which have arisen. CROATIA. AGRAM, Silaca 11. The deputation to the Hungarian Diet, con siati*g of twelve members of the Croatian Diet, has been elected to-lay. ITALY. FLOREIIOS KAacaa 12. The rumours asserting that the Italian army was to be placed on a war footing are unfounded ; the reserve only will be called out for the ordinary military exercises. To-day, in the Chamber of Deputies, the Minister of the Interior brought forward a bill legally con stitilting the National Association for the Extinc tion'of the Italian Public Debt. INDIA. (By Direct Overland Telegraph.) BOMBAY, Mecca 9, 6.8 p.a. - - Cotton very firm. Oomrawuttee, 430 r. Export of tte week, 30,000 bales. Exchange on London, 2s. lad. Government Securities: Four per Cent., 88i ; Five per Cent., 103 ; Five-and-a-Half per Cent., 108 i. Freights, 45e. CALCUTTA, 'Weis 8. Exchange on London, 23. lid. Freights,;32a. 6d. TRADE WITH THE UNITED STATES. In' striking contradiction to the statements which have been hazarded in this country, that America is unable to send us enough commodities to pay for the large amount of goods we are supply_ I nag her with, the New York journals continue to discuss the probability of gold remittances being made from England. We extract the following from a recent number of the New York Naiios. The writer, as is natural, regards the position of affairs too much from a Transatlantic point of view, and is evidently not sufficiently acquainted with the varied influences affecting the London money market to be able to strike such a balance as would enable him to judge accurately of its future course ; yet, as portraying the stateof feeling in the American financial centre, hie remarks are not without izterest ' - • The feature of the week has been a decline in foreign exchange. Bankers' sterling bills have fallen to 104 to 1071. They have not been as low as this since the dead lock of 1861, when the approach of war rendered exchange unsaleable, and gold was imported from England. The par exchange between the United States and England is about 1091 for sterling bills. At 110 gold can be shipped without loss, but with small prospect of profit, except in the case of firms which pay no commissions, and but little insurance. To import gold profitably from Great Britain, bankers cal culate that they must buy bills here at 106 to 106 i. At this figure, allowing for loss of interest, commissions, and insurance, sovereigns may be imported. Twice within the past few years exchange has fallen to and below 106, and on each occasion gold has been imported from Europe. But it has generally been re-exported "in the original package." Its mere appearance has had the effect of stiffening the exchange market to such an extent that it has been itself the best of all remittances. In the event of a continued decline in exchange, it remains to be seen whether the same result will follow now, or whether our enormous cotton supply will not make some difference. One thing is certain. When London bears of the decling in exchange, the alarm of January will be con siderably increased. It will hardly thee be claimed, even by the most besotted British prints, that the trouble arises from undue extension of credit to the United States. Oui English friends will then realise the plain fact that the ex changes of the world are gradually tending in favour of the United States ; that capital is flowing hither from Europe ; and that henceforth New York is going to com pete with London for the supremacy of the financial world. The practical results will be obvious. In view of the actual heavy drain of coin from England to India and of the probable drain from England to the United States, the ' Bank of England will probably advance the rate of interest —possibly as high as 10 to 12 per oent.—and all the loose paroels of 5-20 e, Erie. Am., to be found in the London market, will come here for sale. It is somewhat doubtful whether the latter will aggregate many millions. No bona foie holder of either 5-20 s or Erie will sell his property for the sake of easing the London money market. The stronger our financial position becomes, the more firmly will Europeans hold their American investments. Such lots of bonds and stocks as may be held in bankers' or brokers' hands on speculation in London will, of course, be exported to this country; but they are not likely to amount to much. On the other hand, an advance in the Bank rate to 10 or 12 per cent. would prove efficacious if it succeeded forthwith in restoring the exchanges to the side of Great Britain. But if, by chance, the people of England continued to want d us more cotton and more 5-20 s than they sent us dry goods and general merchandise, then the advance in the Bank rate would merely embarrass British trade and industry without altering the relative position" of the two countries in the commerce of the world, and would naturally, if pro longed for any length of time, drive to this ootuitry a con siderable amount of British capital and labour. AGRICULTURAL L A BOURRILL —A meeting of the agricultural labourers of thedistriets surrounding Maidstone has been held at Maidstone, for the purpose of taking into oinsideratiun their present low wages, with the view of taking steps for an increase thereon. Long before the time of commencing proceedings the room, which is capable of holding three hundred, was crowded to excess, likewise several other rooms, the staircase, and pulse leading thereto There could not have been lees than from four to five hundred agricul tural labourers present, coming from the districts ot Lang ley, Bearded, °them, Farleigb, Maidstone, Deeming, Torii, Loose, Bexley, Thurnbarn, Witeringbury, Town Sutton, Chart, Ooxheath, West Farleigh, Boughton, Leeds, Huntoe, Debtling, Sutton Valence, Aylesford, Nettlestead, Hollingbonrne, Barham, &a Mr. C. Keen having taken the chair, stated the objects for which they had met. Mr. denies Bounce, labourer, of Tovil, then addressed the meeting and coooluded by propos ing—" That this meeting is of opinion, considering the great rise in provisions and other necessaries, tocetber with the fact that nearly every branch of industry had received' an increase of pay, that the farmers in this district be soli cited td grant their labourers an advance of 6d. per day upon the present scale of wages.' The above proposition having be .11 seconded by Mr. William Beale, labourer, it was unanimously carried amidst loud cheers. Mr. Edwin Hollands, labourer, of Langley, proposed, "That an increase of 2d. in the shilling upon the present scale of piece work be sought for, as commensurate with that of day work." This was carried without a die motion", as was the following :—" That this meeting is further of opinion that it is the duty of the employer to permit their men to leave their work at f our o'clock on Saturday afternoons, and that 4d. per hour be asked for every hour overtime." An adjourned meeting was held on Friday last, in the Corn Exchange, Maidstone, when upwards of 600 labourers were present. Mr. C. Keen having been unanimously voted in the chair, briefly detailed the pro ceedings of the last meeting ; after which Mr. C. Knight, Mr. Baker, Mr. Theekstone, and Mr. Poesy delivered spi rited addresses to those assembled. A memorial embracing the forego* resolutions was then adopted to the farmers of West Kent, to which nearly a thousand signatures were attached.—Alaideone Tekgraph. CRYSTAL PALACE. ONE SHILLING DAY. MONDAY, MARCH 12.—Admissions on payment, 826 ; ditto by "neon tickets, 1,047; total visitors,l,B73. (wormer The Royal Mid fax and Boston, am yesterday, with 84 cabin passengers sad 6,b78 dols. ,in specie. She leaded 90 sacks of mails, passes 'gum and telegrams, and proceeded at 2.15 p.m. for Uverpool. All well. NEW YORK, Fn. 27, EVININO. Despatches from all parts of the country repre sent the people as generally endorsing the Presi dent's veto and speech. On the other hand, resolu tions have been introduced in the Massachusetts legislature, denouncing Mr. Johnson's remarks concerning Mr. Sumner as an insult to Massa chusetts. It is reported that the President will shortly issue a proclamation declaring that peace has been firmly established in the South, and that the States will be left to govern themselves under the consti tution without military interference, except on the part of the Freedmen's Bureau, which will continue in force one year after the issue of the procla mation. Rumours of cabinet changes are still current. The governor of Ohio has published a report of an interview he has had with President Johnson. On that occasion the President stated that he con sidered he was carrying out the work oommenced by Lincoln, and that Congress had no right to com plain of his action. Since they had not adopted any general plan of reconstruction, he was obliged to devise one for himself. The Senate continues to discuss the resolution against the admission of Southern representatives until Congress shall have declared the rebellious States entitled to representation. Mr. Sherman (republican) spoke against the resolution, depre cated all divisions in the Union party, and denied the existence of any sufficient cause for withdraw ing their confidence from the President. In the House of Representatives, Mr. Denman introduced a new bill to amend and continue in force the Freedmen's Bureau Bill. Mr. MacClurg offered a resolution instructing the Reconstruction Committee to inquire whether the Southern States are still in contumacy, and if so, to consider the expediency of levying contribu tions on the disloyal inhabitants, in order to defray the extraordinary expenses of the government. This resolution was referred, without instructions, to the Reconstruction Committee. Mr. Bentham reported, from the Reconstruction Committee, a constitutional amendment, giving Congress power to legislate to procure for the citi zens of each State all the privileges and immunities of citizens of the several States. General Grant has returned to Washington, after receiving great attention in this city, and being presented with a hundred thousand dollars by the leading citizens. The New York Herald advocates General Grant as the next President. The journal La Cronica announces that the Spanish war vessels now in New York will be per mitted to refit in the Brooklyn Navy-yard free of expense. The Fenian congress at Pittsburg has adjourned, after disclaiming all connexion with American party politics, and adopting an address urging immediate preparations for war. Reports telegraphed to Canada by English detectives at Pittsburg state that General Sweeney's plan is to make a demon stration against Canada next month with a small force, and strike New Brunswick by way of the Maine frontier with his main columns. A secret military council of O'Mahoney's party has been held at New York. They have issued an address, signed by 125 naval and military officers of the late Federal volunteer service, urging an imme diate and direct strike against Ireland. It is reported that an armed Fenian band had attacked the bank at Stanbridge, Upper Canada. The Canadian government has forbidden the importation by sea of cattle, sheep, horses, swine, meats, skins, hides, home' hoofs, straw, and fodder, after March next. The Hermann and Arago have arrived out. NEW YORK, Mace 1, Ammaroop. A special despatch from Washington announces that at the Fenian meeting, held in that city last night, intimations were given of a plan to seize British Columbia, and establish a harbour for pri vateers on the Pacific Coast. The British minister is understood to have for warded a communication on the subject to the State Department, which has formed a topic for discussion at a cabinet meeting to-day. A proclamation will probably be issued by the government against any violation of the neutrality laws. A military committee of the House of Repre sentatives will shortly report a new bill for the re organisation of the American army. The Asia has arrived at Halifax with the news of the suspension of the Habeas Corpus Act in Ireland. Bank robberies continue to be committed in Canada. The closing quotation of gold this afternoon was 136 i. disposed al is the Corps _ emanate front the Loft and rul►t t e to thopaode of con ducting * Me pending inquity Led tal the solid of agricultural distress by the reduction of taxation and of ilia zitalabtr of recruits fr the army. They are all certain to be rejected, but the talk about them may perhaps take up nearly all the week. Then will come the great battle upon the amend ment of the 45 conservatives, demanding internal reform, And for thi., which really gives the govern ment great anxiety, M. Rouher is furbishing up his armour. March 20—the fête of the Tuileries chesnnt tree—is the day fixed for the sale of Prinoe Na poleon's Roman villa in the Avenue Montaigne, which has been christened La liaison de Diomede. The interior of this " folly" has been made familiar to the public by the engraving of Bou langer's picture of a scene in M. Emile Angier's Joneur de la Flute, played before the Prince in his villa, in which Theophile Gautier, in a peplum, is seen conversing with Mdlle. Favart, of the Thiatre Francais. It is doubtful whether any pur chaser will keep up the house in its present state. Attempts to adapt models of ancient constructions to modern purposes of daily life are generally short lived. The Roman trireme, which cost a mint of money, and was seen floating on the Seine at St. Cloud four or five years ago, is now rotting in a corner of the Cherbourg dockyard. The Chateau Beaujon, the palatial abode of M. Gudin, the famous marine painter, is to be brought to the hammer. The "upset" price is the enormous one of two millions of francs, and I understand an offer of 1,200,000 fr. has been refused. It is one of the moat desirable residences in all Paris—a perfect rus in urbe. On the town side of the Arc de Triomphe, at the upper part of the Faubourg St. Honor 4, it is, now that Paris is spreading westward to the Bois de Boulogne, almost in a central situa tion, and yet in summer, when the trees and shrubs of the garden are in full leaf, the owner may sit in his drawing-room and fancy he is looking upon a park in the country. I am greatly afraid that this ornament toParis is deetin ed to be "Hausmann ised." What fortune can afford to lock up a capital the interest of which, if well invested, would be 4,0001. a year for a town house alone 1 And after all, the Chkteau Beaujon, though fit for a prince, is not too large for the requirements of s moderate family. In all probability we shall soon see the three sides of the beautiful walled garden bordering the Faubourg St. HonoriS, the Avenue Friedland, and the Rue Balza° made the sites of genteel apartments of the regulation pattern, and then, no doubt, the rents of the six floors may produce a capital return even for the large sum of money spoken of. M. Gudin's collection of paintings and furniture are to be sold by auction on March 22 and follow ing days. The gallery contains a Raphael, with almost a library of attestations of its authenticity ; and a picture by Greuze, of Louis XVL's head just after it was cut off, and dropping gouts of of blood. M. Pacini, the musical composer and publisher, has just died at Paris, at the age of 88. A despatch from Brest yesterday morning says : " The Brest theatre is in flames. Impossible to stop the fire." It is now said that the second volume of " Julius Caesar" will not appear so early as the end of this month, in consequence of the Emperor having determined, at the last moment, to send a com mission of inquiry into Savoy to collect materials respecting the alleged existence of a third Alesia in that country. The Emperor proposes to maintain the correctness of all he said in his first volume about Aleaia in Burgundy. The Bourse was again firm, but with very little business doing. Route rose I2ic. for cash, and lOc. for account, closing at 69fr. 724 c. and 69fr. 77ic. Mobilier rose Bfr. 750., Credit Fonder Mr., and Italian 11c. The death of Louis Bonhier at Nienl-le-Dolent (Vendie) is announced at the age of 106 years. During the wars of the republic be bad served in the army for several years. He afterwards married and had 17 children. He retained his intellectual faculties to the last, and wan re markable for the accuracy of his memory. STEEPLECHASES AT VINCENEES.—Tbe Spring Meeting here commenced yesterday (Sunday) with delightful weather, and the ground in splendid order for running. The races seek brought out good fields, and were well contested, and although several rather severs falls occurred, now were attended with se. rious consequences. The business commenced with the Prix de St. Mande, in which Milton and Vauereeeon were about equal favourites ; the latter had been beaten by Milton at La Marche on the pre vious Sunday, but meeting M. Loci's horse yester day, on two pounds better terms, reversed the former result, winning by a length. The Prix des Harm, first class, which followed, appeared to lie entirely between Viscount Talon's Regaliaand Count d'Oemond's Amarenthe, as at half the distance those two were running clear in ad. vance of the rest, but on both falling at the same jump their chase was extinguished, and Baron de Wrissem's Oasis won by a head, after a splendid finish with Perle-Fine. Lamplugh, who rode Amaranths, was 'merely shaken, and had to be supported back to the paddock ; bet Viscount Talon, who mounted his own horse , got o ff more easily, and although, as he remarked, he felt stiff from his fall, he was able to ride a wising race on his L'Homme-entre. deux-Ages, in the Prix dm Harm, for geldings and half heeds, with which the proceedings terminated. The gallant viscount was warmly applauded on his success after his previous mishap. —Galignarii. DESPATCH OP THE BOMBAY MAILL—SOLITHAMP TON, MARCH 12.—The Peninsular and Oriental Company's steamship Emise, Captain Angove, sailed this afternoon with the mails for Gibraltar. the Mediterranean, Egypt, Aden, Bombay, and Upper Bengal. She took out 35 pas sengers, and on freight for Bombay 302 home specie, he., value 86,3071., of which amount 80,2001. is in bar silver, 5,0001. in bar gold, and 1,1071. in gold thread, jewellery, GHHIulr watches, tre. HosPrrar., Daurron.—Last night the twenty-first enniversery dinner took plane at the London Taves, the Earl d Dudley in the chair. The company numbered about 150, amongst whom were the Baron de Oetto, the Bavarian minister, Count Wedel, Mr. Meinertz began, the Rev. Dr. %Baum Mr. Puller, Dr. Sadie, Dr. Weber, k.c. After the usual preliminary touts the noble chairmen proposed the toast of the evening, and in doing so made s very effective appeal on behalf of the charity. 1- -ppeared from the statement put forward that the numb r of in-patients admitted during the year amounted to 920, of whom 698 were males and 222 females. The out-patients attended to were 14,521. Since the opening of t hospital 192,115 in and out patients particip.ced in the benefits of the charity. The reeeipts for the year amounted to 4,5161., and the expenditure to 4,5224 Besides this small deficiency there remained a debt of 2,0001. occasioned by the recent addition to the building, which it wee hoped would be wiped off by the results of the present anniversary dinner. ft should be mentioned that though principally an hospital for the Germans residing in London its benefits are freely ex tended to persons of all nations who require its aid. The new addition to the hospital has increased the annual expenditure, and one ward remains closed for want of funds. The musical programme, under the direction of Mr. Jules Benedict and Mr. Otos. was most effectively carried out by Millis. Liebbardt, who sang two charming sonp, Miss Roes Hereto, Herr Fees, Signor Oiabatte, and the Orpheus Glee Union. The subscriptions amounted to 2 4 6201., being an increase of 7001. on the receipts of last year. _ . _ [Advertisemeat.}— HOLLOWAY'S Ournnesr. Throat Affections.—All the varieties of these distressing com plaints may be readily said effectively treated by rubbing this Ointment twice a day upon the neck and chest, and 6 upporting the strength by suitable nourishment. By this Wimple means diphtheria, ulcerated and relaxed throat, irritation of the wind pipe, quinsey, - and all glandular enlargements, will have their arrested and the destruction they have cause repaired. fl r i;f::y's Ointment is the mast trustworthy remedy for all Internal and external throat ailments, and may be W .1) and effectively employed in every case, without regard to season, sea, age, or constitution. It is higldy extolled for its ready cures of spasmodic coughs, chronic hoarseness, and all disagreeable discharges from the throat and nose. The election of Martini 118 • ment ee s : .- Chamber by the electoral eollege of) is likely to give rise to tronWe and to diseinfilon, which may do mischief, and can do no goad. The verification of the election will come before the Chamber very shortly ; and in all probability a very stormy discussion may be the result. My own impression is that if Signor Mania should decide on taking the oaths, and could quietly assume his undisputed plane in the Chamber, no possible evil could result from his doing so. Ido not think that such an event would be likely to prove satisfactory to himself, or to contribute to his happiness in any way. There is always in the return from long exile—and in his case there would be more than in almost any other such—too much of the sadness attendant on a Rip van Winkle's waking from his secular sleep. Joseph's place would indeed know him no more. But the troubles to which the election in question will needs give rise, are in no wise tobe feared from the fact of Marxini sitting in the Chamber, but spring from the diffi culty of admitting him to do so, on the one hand, and the mischief arising from excluding him, on the other. And this consideration, probably, rather than any real desire of seeing the veteran revolutionist in the Chamber, has been the motive for his election. The difficulty of admitting him is twofold. He lies at present under the sentence of a criminal con demnation—l believe, for the shooting down of some sentinel or sentinels on the occasion of some revolutionary attempt in the antediluvian time before Italy was Italy. Of the fairness of the conviction, or of the nature of the circumstances, I know nothing, nor doe any such question at all signify to the present aspect of the matter. He is under the ban of an ordinary criminal sentence. This is difficulty the first. But it is maintained, that inas much as the kingdom of Sardinia is no longer in existence, a condemnation by the courts of that defunct political entity can no longer have any force. This, it appears to me, will not hold water. Did the annexation' of the various provinces operate as an universal gaol delivery 1 But this first diffi culty might no doubt be very easily, and would probably unobjectionably to all parties, be got over by a stroke of the royal pen. The second difficulty would probably be found more unmanageable. It is to be feared that France might have something to say in the matter. The mischiefs likely to arise from a decision of the Chamber excluding him may be conceived from an article in the Milan Unita Italian, on a " protest " put forth by a society of Genoese workmen on the prevention by the authorities of a meeting intended to celebrate the election. The society in question, rehearsing a variety of "considerations," in true parliamentary! style, "considering," among other things, that the present government, "which by force prevents our manifestations, is capable of lay ing bands on him as soon as ever he has crossed the Alps, and giving him back to the hangman as his property, or, at least, of consigning him, by virtue of an extradition treaty, to France, which has condemned him to Cayenne ; and further, that although the election renders him inviolable, there is nothing—neither law nor the national will—that is sacred for our constitutional government Considering all which, we protest against the pre sent situation, and pledge ourselves to set to work at once, and to persevere with devotion and constancy, and to consecrate all the means in our power to the overturning of the ob stacles which at present oppose themselves to liberty and the unity of our country. Then there will be no more exiles, nor hangman, nor hangman's register, and we shall not need any questor's leave to welcome the friends of the country." From the above specimen it may be gathered what sort of talk and feeling is likely to be excited by a refusal of the Chamber to verify the election. A " popular assembly for the purpose of ap plauding the vote of our brothers of Messina, which has nominated Giuseppe Mazzini to the Chamber of Deputies," is announced to take place here on next Sunday, the 11th. We shall see with what result. My own impression in that the government would act far more wisely, as well as more constitutionally, iu allowing such meetings to take place. While waiting for the report of the commission on the laws for the abolition of the monasteries, and the budget, there is nothing of much interest going on in the Chamber. The papers continue to be full of the "Consorzio Nszionale," which promises to be indeed a national movement. The committee announces that it is a mistake to suppose that there is any intention of making a present to the government. The com mittee is, and will continue, wholly independent of the government, and will administer the funds col lected according to its own discretion (assisted by deputies from all the provincial committees), for the alleviation of the financial position of Italy. But people are still asking whether they are to give their money, or only to lend it, and under what terms. And to this the committee has as yet given no official reply. Tax Paws Exatsrriort or 1867.—A Paris cor respondest of the Indepoodazice Berge, wilting on the 9th, says :—" I went yesterday, partly by chance and partly from curiosity, to the Champ de Nan, which is being broken up in every direction for the erection of the immense build ing necessary for the Universal Exhibitiou of 1867. It le a curious, a wonderful, a moving sight. Imagine a whole army of workmen. There they are, several thousands of them, grimy, shaggy, in blouses and in tatters, with pickaxe, mattock, axe, wheelbarrow, cart, and waggon, making excavations, filling up hollows, heaping up moun tains, erecting whole forests of beams and framework. You might fancy they were building the Tower of Babel or the Pyramids, or the foundations of several cathedrals. It is an ant-bill, a gigantic human ant-kill. I know only two undertakings presenting as much interest—Mont Canis and the Sues Canal. The Parisians flock in large numbers to the works. It was floe yesterday, and about two thousand were there." CASE or POIEONTNO FROM TEE MILK or DIE EASED COWL—An occurrence of an alarming character (writes a correspondent( has taken place at Standar. Hall, Staffordshire, the residence of Mr. Thomas Woolf.. That gentleman has lost by the rinderpest up to the present time thirty-nine head of cattle, and some have recovered. Among the animals seised were a cow and her calf; the calf died, but the cow survived the attack, and in a few days her milk returned. The dairymaid took some of the milk which she had taken from the cow and showed it to Mrs. Woolfe, who, attracted by the comically risk appearance of it, put her finger into it and tasted it. No sooner had she done so than she experienced a violent burning sensation in her month, which mined her immediately to spit oat the remainder. This, however, did not terminate or even allay the burning, smarting feeling ; on the contrary, it extended rapidly and with increased intensity to the stomach and all over the body to such an extent that a serious illness with symp toms such as are produced by irritant poisons supervened, and thorough recovery did not take place for several days. Mr. Woolfe at once ordered that the milk of cows rem vered from rinderpest should for some days be given to the dogs and other animals, in order that its effects might be observed before applying it to the ordinary purposes. of Eart .. a. Attacthri to her Majesty's embassy at St. Petersburg. In the summer of last year Earl Russell • Associated Clambers of Commerce and Maitre(4bi representative' of the great manufacturing aa. commercial communities in this country that a national exhibition of the arts and manufactures of Russia was about to be held at Moscow. The chairman of the Associated Chambers of Com merce expressed to his lordship the intention of that body to send adeputation to Moscow to examine and report upon the various articles of Russian produce and manufacture which might be exhibited there. Lord Russell highly approved of a measure which in his opinion would teed to increase and de velop the commercial intercourse between the two nations, and make the commercial classes of both countries better acquainted with rich other. Ace ciardingly, when Mr. Sampson Lloyd, the chairman of the association, and Mr. Goodman, the president of the Birmingham Chamber of Commerce, were chosen to represent the Associated Chambers of Com merce in Russia, Lord Russell offered to assist them in carrying out the objeota of their mission by in structing Mr. Michell, who is perfectly acquainted with the Russian language, to accompany them. Earl Clarendon was of opinion that the service which Mr. Michell could render to the commercial and manu facturing interests of both countries would be still more complete by his drawing up a report upon the result of his visit to Moscow, and of his communi cations with the principal commercial bodies in England and in Russia. Earl Clarendon has since directed Sir Alexander Buchanan to present a copy of Mr. Michell's re port to the Russian government, making in his letter to the ambassador a handsome acknowledg ment of the zeal and ability of its author s who, unless we are mistaken, is likely to distinguish himself in the diplomatic service. Mr. Michell treats first of the present state of commercial relations between Great Britain and Russia, and then of the Russian tariff in respect of its effect on British articles of export to the latter empire. The trade between the two countries, which is of ancient date and was for a long time mutually profitable, has now for several years shown symp tom of decay. The Crimean war to a very great extent rendered our manufacturers independent of Russia for tallow, hemp, flax, linseed, and other commodities subsequently imported in ever-increas ing quantifies from South America, India, and the Australian colonies, or since superseded in manu facturing processes by other oleaginous substances and fibrous materiels. Nevertheless, after commer cial intercourse had been resumed with Russia the statistics published by the respective governments showed no decrease in the trade, and it apparently resumed the dimensions which it had attained pre viously to 1854. But these no longer bore the same relation to the general foreign trade of Great Britain which they once did. The commerce be tween this and other countries has of late years been increasing enormously. The example of France in negotiating a commercial tresty with us has been followed by Belgium, Italy, Prussia, and, more recently, Austria, and these engagements, founded on &recognition of the necessary mutuality of interest between buyer and seller, promiseto do more than in crease the commercial engagements which they more immediately control, the interchange of commodities leading invariably to a further traffic in credit and capital. But, as Mr. Michell points out, while capital and credit are flowing from Great Britain to every other country in Europe, even to Turkey, it is a singular fact, and one intimately connected with the state of trade, that Russian financial enterprises find no favour whatever in the London market Financial schemes inherently sound, projects for the construction of important railways, for the establishing of commercial and land banks, all so urgently needed in Russia, and so unquestionably remunerative at nodistant period, have met with no encouragement in oar Stock Ex change. English houses of the first standing have one after the other during the last few years been forced to abandon engagements provisionally made in Russia, much to the disappointment and greatly to the prejudice of all future Russian schemes. Of course, no one with the least acquaintance with the spirit of the money market or the temper of capi talists will suppose that political antipathy has had anything to do with these failures. The only true explanation is the fact that the commercial policy under which the finances of the Russian empire are yearly becoming more embarraased, while the trade of the country is stationary, has created a want of confidence which can only be removed by the adoption of • liberal system of commerce. As long as the development of the resources and foreign trade of Russia remains impeded it is more than doubtful whether any capitalist in Eng land would undertake the placing of any new Rus sian bonds, shares, or government stock, except on terms which would still further depreciate the cre dit of the empire. The Russian government has shown itself sensible of this loss of credit in the first market of the world, hy recently resorting to an in ternal lottery loan. The measure of that decline of credit in a market where under the old system of international commerce the financial demands of ' Russia were so favourably viewed is not to be taken from a mere comparison of the present with the former price of Russian stock in London. We must also look at the disinclination to lend to Russia, together with the wonderful expansion of our financial and commercial relations with other countries. Mr. Michell states that whereas formerly the leading brokers of London daily received orders from their clients to purchase Russian stock for bona fide investment, such orders are not now ' given once a month, and several days together often pass without a single trans action. He also refers to the fact that the Messrs. Rothschild, who took the loan of 1862, would have nothing to do with that of 1864, although it was 9 per cent. cheaper ; and even at that price the small amount of the loan was dis tributed between London and Amsterdam. It appears from the Statistical Abstract published annually by our Board of Trade, that while our traffic with the rest of Europe, as estimated by the value of exports and imports, was marked during the period 1859-1863, by an increase ranging from 38 per cent, in the case of Holland, 39 with the Hanseatic Towns, 41 with Belgium, 43 with Italy, 50 with Prussia, 63 with Turkey, up to 79 per cent with France, our trade with Russia suffered a decrease of 11 per cent Mr. Michell at tributes this non-expansiveness and partial decay of the trade between Great Britain and Russia to no other cause than the commercial policy pursued in the latter empire since 1823. It is true that our merchants were driven during the Crimean war to seek in other markets either for the products we had before drawn from Russia, or for others capable of taking their place. Thus, Indian jute was used in 1863 instead of Russian hemp to the extent of 1,500,0001. The supply of Russian tallow has also fallen to almost half the quantity exported to England before the war. But the export tables show that in the aggre gate the demand on the part of Great Britain for Russian produce is far from being on the decrease in the items of corn, flax, linseed, wool, and several other articles. These, as well as hemp and tallow, are products that must always meet with a growing demand as population and industry increase •, bat they will ever be purchase& in the cheapest and most attractive markets. Unfortunately the Rus sians have assumed, on the one hand, that foreign countries are dependent on their supplies of those raw materials, and, on the other, that it is quite pos sible for them to arrive at absolute independence of foreigners by fostering home industry. The com mercial policy of Russia is based on the notion that the empire ma 7 be made a solely exporting country, receiving foreign gold in exchange for its raw pro duce. It is a system contrary to that of every other country in Europe, tending to isolation and to the ultimate destruction of the export trade itself. The commercial policy of Rus sia is thus a prohibitive one , but, as far as the ad vantages which its authors hope for are concerned, exists only on paper. ,The advantages se hi c i,"_ Russian tariff offers to illicit iopoes ne i on are we that the introduction of foreign connoting.' ! II little hindered. Russia import s c the same quantity of foreign man she _ irr in cy r wm aka: m e ge openly of honest trei; of rniernationalii oourse, and of her own export trade. The efieos e l . the tariff is to take the trade hi foreign proluctools' ol the beads of merchants and canted** , ~,,e - fPlace fPlace it is the bands of Isesselitish and Poli s h s* -- ` ' tiers. It appears that the value of the cotto n seized on the bind frontier in the years 18604 the proportion of 11 per cent, to that of the legit mate importations, and 281 per cent. to t h at orth duties levied. Mr. Michell enters minutely *e s ' calculations to show the working of the tarifr* o , (lounging suoggling, and incorporates in his a very curious calculation by Mr. B o w Brown, the actuary of the Guardian W e f a , *urines Office, as to the probable ,airy payment of textile fabrics f d abr u:7, a im p li es ort pe: d for in whic ß h uall we ia cannot find room. He shows that it is pro ' the value of contraband goods of all kinds sumo' into Russia in the five years above -named was ast leas than 6,318,0001., and he believes that, addlin t * it that of the goods cleared under fraudulent en**, —a fraud so systematically pursued in Rae* that honest importation of certain classes of goo* is rendered impossible—and the numberlats amaQ articles easy of concealment which never enter the returns of seized contraband—the um * 10,000,0001. sterling may well be given spend * Lively as the minimum value of the good s ilia* imported into Russia in 1860-6 e. CZ reetthus smuggled had been permitted to mei I on payment of a duty equal only to 15 pai cent. of their value, the sum added to their renege would have been 11,500,000 roubles, or more the 2,500,000 roubles per annum, irrespective of th e considerable increase of revenue that would body tamed by the natural extension of foreign te n * on the reduction of duties now almost prohibitive, All parties to a trade so hampered are demoralind, and the trade is shunned accordingly. Thus we are told by Mr. Michell that at the present momenth ia difficult to find at any of our great centres of im dustry, such as Manchester, Bradford, Leeds, err Glasgow, any manufacturer or merchant who tea direct dealings with Russia in cottons, monad,* silks. The Russian market is only known to stew of them, principally through the agency of ho l e * at Konigsberg, and other German Imports reseal. ing an easy somas to the land frontier of Rusk The direct exportation of textile fabrics to P.m* hy sea is known to some of them as an exception, as e as a rule. A belief exists that there is a certain mysterious, undefinable advantage in sending goo* to Rums& viA Prussia—an advantage which the recent Commercial Treaty with Prussia is Me.. lated greatly to promote. At the same time the manufacturers and merchants in question are ens seientiously ignorant of the manner in which their merchandise reaches the Russian market. They stip goods ordered by houses in Germany, and in a few cases they consign them to their own agents in Prmis on commission, not knowing or caring bow the goods are ultimately despatched. In the cue, f u r instance, of Birmingham goods exported to Rus, they are never consigned, but ordered by beige houses, whose duty it is to pass them through the custom-house. The Russian market is therefor comparatively unknown at our manufacturing on tree, and the oommercial relations of England with Russia are monopolised at the principal seaports of Great Britain, where the trade in Russian prodme, in British iron, machinery, coals and other goods, as well as the passenger traffic between the tee countries, are principally centred. Another come queue of this state of things is the clinks Hon of the number of British firms Mr blished in Russia for the purposes of cons inane. Of the numerous large houses the once existed in St. Petersburg, scarcely dozen now remain, and these confine themselves almost entirely to the export trade, the imports tion of British goods liable to duty being no lodge a profitable or honest occupation. Numerals small foreign houses have been established in their stead, either as agencies of smuggling houses the Prussian frontier, or as importers of goods at soa• ports, under fandnlent entries, frequently with ths connivance and co-operation of customs office,. No British manufactures are, in fact, importedmto Russia to any great extent by English homes. Coals, machinery, iron, cotton, and a few other bulky articles incapable of being smuggled, are alone introduced by them. Even the impanel= of tea has been given up by one of the principal inglish firms at St. Petersburg, the noes' petition of fraudulent importers having rem dared honest dealing in that article unprofitable. The houses of longest standing have embarked in various speculations, such as railways, cotton spinning and printing, gas works,. brewing and candle making, ,to., leaving the importation of British manufactures to dwindle more and more Into a contracted trade. Several failures of English houses established at St. Petersburg have within lob e last few years taken place in consequence of the unsatisfactory conditions under which they wen obliged to pursue their operations. Of course the decline of direct importation to Russia by ass eta the export of raw produce from that county to additional burdens, owing to the high rats of freight which shipowners must charge in order to indemnify themselves for sending their owls to Russia only partially loaded or in ballast. . At present nearly three times as much . , as is paid by a cargo of Russian . 1:11 as is paid, for instance, by English coals. Thus, however cheaply corn, tallow, and hemp may be raised in Russia, the cost of transporting it out of the country is ever on the incresee, *Abe great prejudice of the agricultural interest of Russia, and to the ultimate reduction of the trek The difference in the bulk and value of the prodliete of the two countries will not am ount sufficiently for Russianth disadvantageegrirrotdu system at present in force. We must reserve for another opportunity the task of following Mr. Michell in his searching and es: enffer un as d re er rd th s e fre co ig m h m t w erct haustive investigation of the particular defects of the Russian tariff. The manufacture'? of the empire firmly believe that foreign competition meld ruin them ; the consumers are not sufficiently at lightened to perceive how heavily they are taxed to favour a class of their countrymen, nor do the producers of raw materials see how exportation is limited by a system which excludes the imports with which raw produce should be paid for. Th e Government appears to be wiser, but its hands are very much tied by the ignorance which prevails among the influential classes. Mr. Michell's report is followed by some memo randa on the history of the various manufactures of Russia, and by special reports on the manufac tures of cotton and wool, and on the trade in fl a t tallow, leather, and bronze. It is also Loom by the reports of Mr. Samson S. Lloyd and . D. Goodman, to the Association of Chambers of Commerce on the Moscow Exhibition of 1865, and the reports of the Chambers of Commerce of Leeds, Huddersfield, Dewsbury, and Batley, on Rumen cloths and woollens. THE CITY INDINITRUL EXHIBITION. -9 main was held last night in the Guildhall for the purpose of eli• pointing adjudicators for the several prizes to be awarded to the working clams, the result of whose industry sad skill has already attracted a considerable number of visitors The meeting included nearly the whole of the exhibitone.l well as the committee of management, and the names a thole proposed to decide as to merit were most cordially received. There were thirty names selected, and smog them we may meetime Mr. Ellis, Royal Obeervategi Greenwich (scientificiestrameots); Mr. Mich , ' Vitt An " ; Captain Lagiefield, Army and Navy Cl u b (naval architee. tuns) ; M. Jules Benedict (musical instruments) Le Neve Fester and Mini F. Rudkin (ladies' work sod mil. nom) ; Mr. Redwin (leather work); Dr. Lobb (medic al and surgical instrumental ; and Mr. Collineridge. Alders gate.street (books, tee.) It was also further desired ou the pert of the working men that an intimation be forwarded to Mr. George Peabody of their wish that he should resist the prizes, and that a requisition be wet to the Lord Mffie that he occupy the chair on the occasion. Etr. GEORneti HOSPITAL.—WO are informed that a meeting will be held on Thursday next, when it proposed to place a staff of Bitten of Mercy in St. Georg* Hospital. 'All • §R SS, TUES Y -VE T . MARCH 13, _ . ALY. AMERICA. i • - Ss • a , 4 ! k - 4 1 GREAT BRITAIN it exist . 2 • , " ELE ova's riumuleate OF MAZZI a great 1 • ESSINA. I , th • 'vs and valuable) papers is but steamship Iguropai from H -. • 1. . ealtf u tanc,, (nom } ons own COMIZSPONDIM) \ lately been - presented to parliament is a about rived at Queenstown at 2 p.m. There are more agri cultural amen to be on the present state of the trade between that at cabin gosseugers and 6 1 0 S dole. disposed 41 ill the Cops 1 0•Sialltig*- 11 ar—abese— - - FLOREbielv-Manalr-._ --GreatHritals sad RitiWlTeifflir a from the Lsft and relate to ttuitsode of non- " w The •aOlO2l of - X•••ini as a member ea the of Earl Russell by Mr. T. Michell Attaebi to her course , COMMERCIAL INTRLLIGENOL NEW YORK, Fut 27, Evisow. Money tight. Gold, 137. Exchange on Lon don, 148} ;on Paris, 377 i. Stocks firm and ad vancing ; New York Centrals, 92i ; Illinois, 114} ; Erie, 84i ; 5-20 Bonds, 103. Cotton dull : mid dling Upland, 44c. The next West India mail packet is due on Fri day. She will bring news from JIMIIIOS up to the 24th ult- The Moniteur of yesterday announces that the Prince Royal of Denmark, who ie now in Paris, was re ceived on Sunday by the Emperor and Empress, at the Tuileries. The Prince was socompinied by Count 110' , 1ce. Hvitfeld, the Danish Minister at the French court, and by the priocipal persona of his suite. THE SCHEME FOR RELIEVING THE NATIONAL Dznr or Irst.r.--Eisbecrictiose to the fund raising in Italy ' for paying off the national debt oostinue to pour in from every part of the kingdom, and the enthusiasm the project has excited appears to pervade all classes of society. The King bait subscribed for a million of francs ; Prince Hum bert for a hundred thousand francs ; Prince Amadeu, for sixty thousand ; Prince di Carignano for fifty thousand ; the Bank of Naples for a million and a half ; the munici pality of Naples for half a million ; that of Siena for two hundred thousand. he. Several millions have already been subscribed, and it is thought that a hundred millions will soon be reached. FORMAL EXCOMMUNICATION or BISHOP COLIINSO. —The last mail from Natal brings news of the formal excom munication of Dr. Coleneo, which took place on Sunday, the sth of January, at the Cathedral of Magitzburg, at the early service, when the Dean read oat the sentence as fol. follows :—" In the name of our Lord Jeri Christ,—We, Robert, by Divine permission, metropolitan of the church in the province of Capetown, in accordance with the de cision of the bishops of the province, in synod &rambled, do hereby, it being our dace and our grief to do so, by the authority of Christ committed unto us, pass upon John William Coleus), D.D., the sentence of the greater excommunication, thereby ting him from the wen muoion of the church of so long as hem obsti nately and impenitently persist in his heresy, aim to exercise the officio of a bishop within the province of Cape town. And we do hereby make known to the faithful in Christ that, being thus excluded from all opmmunion with the church, he iq acoordiog to our Lord's command, and is conformity with the provisions of the xxxiii. of the Arti cles of Religion, ' to be taken of the whole multitude of the faithful, as a , heathen man and publican.'—(Matt. 17, 18.) Given under our hand and 11.61, this 16th day of DeComber, in the year of 011; Lad 186 6 -14 Ourravre -w-•;--;----- • -.'- ---- IPOOI 4O-4 I, 2 okaa A n t oisit tier vbedent west IN Grac ozbarEba The Pt4l o w e ded b vas Prig swain% in Their a Wales • berouSh Sia It< mark is do Sigbeelsoi The D sobbed cog week. Doi OW the C L&dy lt pay st di Plow: —Hi eallsnoy th skier, lila ; shiosaaa d d Sligo, ti d charlen lad? Mari Mr. sil t . sod 11 The C: ber dads dor woe neltieh is (Haat litm The n • iby the Ri Hatal, of Ibe Hoe. I grandson David Da' • Oatuto% . 1 • • The d 11/711iina • par of hi To-mc Von at So mayor of nem Mr. a their tr it Zuglen 3. arid sre t tad, 3rdi Loudon, awes Tbi We that the to broke' cited 12101 objeaSed ‘ ay be ever, ha sanative 11111100 OA the high Peonritis the pu,bl , the amp tend. na , plianoesi Question " It " that • foe Aare the mid. • member sod foam She ism room es mos* INi c n we Frio west In sod dem various seeklem A g • 111 kith wes Dowegl corpse were es . lif 1 1 .1!i f kll' • 6- iiy 11 hod )b Mir. I boas. bone c per tb throat 1 Id tj CV; les re in•law, for. k mot lea