The Express. — London, England, 1866-08-13 00:00:00

• 2 THE EXPRESS, MONDAY EVENING, AUGUST 13 , 1866. • _ METROPOLITAN and GREAT WESTERN over again that it is precisely the present p o licy of ace Court. LATEST INTELLIGENCE. EXPRESS FROM PARIS. s RAILWAYS. the Bank that keeps its reserve low. The reason -..--. --e---. maritorourAN AMATEUR unarm TURSDAY, Anguilla. OSBORNE, Auouer 11. THE DEMANDS OF FRANCE AND THE (rams one owl coinunroirracr.) '1 Hammersmith Bridge Is the best point of view. that it does not increase is that, in face of the un- FREQUENT TRAMS between an YITROPOLITAN NU- TIONS and HAMMERSMITH STATION, which is within are cer t a i nty cleated by 10 per cent., the public will animates' walk of Resnasersmithdiridge. not part with the additional notes they now hold, Prince Leopold, Princess Beatrice, and the Princess of The Delnits of to-day a ll u d es to this subject in M. Cucheval Clarigny, the editor of the Presse r bee JOHN BEOGDEN. Leiningen, embarked yesterday afternoon on board the the following piteous tones • and that foreign nations will insist upon being • • . . royal yacht Alberta, Captain the Prue* of Leuungen, and The silence of our official and officious journals may be "second phase" of the negotiations, mil which you cal paid in bullion, and will not give us credit, nor steamed down the Solent towards Hurst Castle. writes as if we were now entering upon that famous to 1 considered to confirm to some extent the rumours which must remem b er my ca lli ng your atten ti on t o w h e n ORIGINAL GOLD CHAIN MANUFACTORY, send their surplus capital for employment here. In attendance were lady Waterpark, Lady Augusta are current in the political world respecting these• 16, BEtatarrrAsruar, COYINT-GARDIN• it was first mooted by the Patric some days ago. pat Can anything be more anomalous than a rate of Stanley, and Major-General Seymour. demands, but of which we know nothing in France, JOHN BROGDEN'S 18-carat GOLD CHAINS. discount in Paris of st per cent., and here Her Majesty walked in the grounds this morning with exce pt what we are perm itted to glean how and en tirely the of 10 f Even the Bank of Belgium on Satnr- Pringeu Louise* there from the foreign Nor are we better informed " good offices" of France, and she has now The armistice of Nikolsburg put an end to the yeti Sir Augustus and lady Paget arrived yesterday, and had use which res JOHN BROGDENI3 GOLD GUARD CHAINS. day reduced its rate to 4 per cent., and the honour of dining with the Queen and the royal family. dispatch from Toulouse recently announced that the as to what interests us at home than abroad, A telegraphic recovered her liberty of action. The fro France now intends to make of this position was i, yet of the bullion we have been lately sending there JOHN BROGDEN'S GOLD ALBERT CHAINS. Count Lavradio left Osborne this morning . little or none is likely to come back. The reason Lady Augusta Stanley has also left. municipal council of that place had been suspended by pro- id factorial decree, for what reasons we are ignorant. None opinion, and can only surprise those who forget the t o , easy to have been foreseen, looked for by public th is that excessive distrust, which affects us equally AUGUST 12. least a T t ota o , have ood w be: n published o JOHN BROGDEN'S GOLD BROOCH CHAINS • papers of . in our international relations with the Continent, The Queen drove out yesterday afternoon with Princes and in the relations between the Bank of England Louise. have done so if it depended on them. Why this the very beginning of the German complications." r attitude assumed by the French government from ch BENSON, J. W., by Special Appointment to and the general public. It is to be hoped that Her Majesty, the Duke of Edinburgh, Princess Louise, t but b fhink ehe they would silence and this mystery' Why are we reduced to con- If we may credit this writer France is now about to in H.R.H. the Prince of Wales. and Princess Beatrice, attended divine service this morning - the feeling will eventually subside, but there lectures? .As if what takes pleas in one of the principal act for her benefit upon BENSON'S WATCHES. Prize Medal, 1865. seems little chance of this at present. at Whippingham Church. towns of France had no interest for anyone beyond the laid down that no great power can extend its a Sent safe by post. The Rev. George Prothero officiate d . town iteell, It would be ungracious, however, not to the doctrine she has always ni l " frontiers without ipso facto giving all the other cis Sir Augustus and Lady Paget left Osborne yesterday. BENSON'S ILLUSTRATED PAMPHLET. 2d. admit that the officious journals are not mute every day, OUR CONTEMPORARIES. The Hon. Flora Macdonald has arrived as Maid of and do not always stand in the position of the statue Honour. of Harpocrstes with a finger pressing the lips ; for meat. This d octrine, by the way, which is unsus- IA great powers a right to an equivalent aggrandise- tb tbouENSON, Old Bond-street and Wes grove. Steam Factory and City Show Rooms, 58 an r all- (THIS DAY.) A deputation of d 60, the Joint Stook Beebe of London had the Constitutionnel informs us that the Empress of Mexico tamable by any argument but the sword, and w as B . 1 : Ludgate-hill. - e ,-- an interview with the Right Hon. the Chancellor of the had a long interview with the Emperor yeste rda y at St. never advanced by any of the great powers when ° ti CONTIIIILITAL Karnes. Exchequer on Saturday, at his official residence in Down- Cloud, and after revealing this seeret adds :-" Public Piedmont absorbed all Italy and France took or . frit, Ci:preoxi. Co Commenting on the negotiations carried on at ing-street, on the subject of the Treasury letter opinion, in spite of the newzmongers, for whom every event rmons between Austria and Italy, the Times concludes , on the 11 th of Ma y to the directors of the Bank of England. is an inexhaustible text for conjec tures, has not gone Savoy and Nice, seems to me to mean w a r in p er- ti netuitv or at least till all possible combatants cl from the terms on which the armistice is based, and which The deputation consisted of Alderman Salomon; M.P., astray in the present case. It has assigned to the mum- .- - -, ' shall have exhaus . ted their strength. However, it 1 1 PRINCESIT& may be looked upon as honourable to both parties, that (London and Westminster Bank), chairman of the com. geous sovereign an elevated object, and one worthy of her Tam seams, THE HUGUENOT CAPTAIN. Stamm Vining, e ar r a i.- Hr n 7L ill . se_es_ ... 21eilym ds. AUF1411 Thomson, and Sim there can remain no doubt as to the willingness of Austria mittee ; Mr. William Nicol (London and County Bank), character." Public opinion is now completely enlightened is on the order of the day now in Paris, and I sus- ; J . ' to give up the whole of Venetia within the limits ap- Mr. Paull, M.P. , and Mr. Richard B. Ware (National Pro- as to the object of the voyage of the Empress Charlotte ; pact a great deal more will be heard of it between w I I IiAJDUI-ri BRITANNLIL pointed by herself to that province in 1815. The cession vincial Bank of England), Mr. Charles Gilpin, M.P. (Me- and it ought, indeed, unless it is intolerably curious, to d Tins Endres, JACK mute°, rim LONDON gram will probably be free from a ll conditions onerous to the tropolitan and Provincial Bank), Messrs. A. P. Petrooo- be perfectly satisfied. this and the evening of August 15. A correspondent of the Temps, writing from b BOY : OR, TRY AGAIN. Mr. Reynolds • Mrs, 'remold.- Italian', with the single exception that Italy will have to chino and A. Ralli (Imperial Bank), Mr. Donald larrach The suck says : Mr. F. Evans & Miss Amy Rosalind : Mr. C. Brows : Miss Lydiaßerlin on August 9, seems to think that there a zetener ; Mader E. sanders -THE JOLLY DOOB OF LONDON. accept the part of the Austrian imperial debt contingent (London Joint-Stock Dank), Mr. P. Northall Laurie (Union The independent press of all shades is naturally amp • on the ceded territory. As to the Tyrol and letriii, it is Bank), Mr. M. H. Chayter (Alliance Rank), and Mr. J. N. pied with the question of a rectification of frontiers raised is . t nothing more than " a passing cloud" between / Presets and France, and that substantially the re- t HIGH WATER AT LONDON BRIDGE very clear that the Italians must needs abandon all idea M'Kenna, M.P. (National Bank). Sir Stafford Northcote. between France and Prussia. Nothing official has yet Ms DAY -Monde& 3h. 40m Afternoon, 3h. seaoon, of obtaining any portion of those districts by force of ono.. B ar t., M.P.. President of the Board of Trade, was Present been communicated to the public on this subject. We lations between the two countries are still very a To-mossow-Molding, 45. 19m Atteriscoa, 4h. 37th. The demands of the Italians may not be destitute of reason at the interview. hope the government will not delay in informing the friendly. He also speaks of the probability of an i and justice ; but we are now, perhaps, further than ever Despatches were sent on Saturday !from the Colonial- country as to the scope and extent of its demands. It is interview between tho Emperor Napoleon and a LONDON, MONDAY, AUGUST 13. from that happy age in which right shall be might, and office to the governors of Gibraltar, Malta, and Capsule.. evidently the interest of the government to be made sc. Ki ng Willi am. __......-___ no good friend of Italy could hold out a hope that her army quainted with the wishes of the country on so grave a Not only M. Benedetti, the French minister to g A mons discouraging reply than that given to could cope with all the forces of Austria with any chance THE ROYAL VISIT TO YORK. question. but Ma'or a the court of Berlin, haa arrived in Paris , j i the representatives of our great joint-stock banks of success. However unsuccessful, Italy has no reason to --•-- be ashamed of her share in the conflict. The example . of On Saturday the long-looked for Volunteer Review at Referring to the question asked in the House of on Saturday by the CHANCELLOR of the EXCHEQUER Commons on this subject and the reply of Lord de Lee , his military attache, who is the bearer of 1 her antagonist has shown that not even the most tried Kuaveamire came off in the presence of an immense con- despatches. Negotiations of the highest import- I can hardly be imagined. The old stereotyped Stanley thereto, the Avenir National says : valour can command su Eut to lase , however course of spectators. The weather, unlike that of the I commonplace that the subject is of great import- honourably, a battle by land and one by sea, and by such previous day, was fine, and the ground in good condition It is then to the press on the other side of the channel ante are doubtless going on. Munster, thelate am since, and requires serious consideration , was never losses to secure one of the noblest provinces of Europe, for both volunteers and spectators. Some 30,000 volun . that we must turn for information on a subject that is of Count ambassador of the clis_ such deep importa . nce to us. pos s e ssed Kin g of Hanover at St. Petersburg, : more unfitting than now. The great thing that is together with the strongest frontier in the world, is a pm- teen were present. According to strict order the troops On the . subject of the demands of France the came to Berlin the other day to make a last effor t wanted in the present conjuncture is quick and re_ tentous turn of luck such as never before betel any other were inline by 2 o'clock ; Lieut.-Gcncral Sir Sydney Cotton, solute action. The Government can easily put Ra ti o n ' commander of the northern division, took the general com. Independame Beige contains the following : in favour of the dynasty of the Guelphs, but neither The consequ ences that may ensue from the demands mend. The men were divided into four divisions, and The first question put by France to Prussia will the King nor M. do Bismarck would zee him, and off their decision, but they cannot thus defer the made by France on Prussia lead the Times, in another arti- each division was subdivided into three brigades. Seven whether Prussia meant to withdraw from the cog• he went away as he came. imminent crisis in trade. Every day, every hour, de, to consider the position and defences of this country. batteries, making 21 guns, four of them 32-pounders, nuisance of Europe the new arrangements which The Duke de Magenta, now in Paris, is under- ' the danger becomes more serious; and if England has no desire, and happily is under no obligation, were placed in position. Corps were present from Leeds, she intended to substitute for the existing order it were not that commerce is in an excep- to take part in Continental conflicts, but the events of Bradford, Bingley, Skipton, York, Sheffield, Halifax, of things. The second was, what these changes stood to have protested very strongly against the tionally sound position, the craah would have taken the last few months have clearly shown that the antici- Doncaster, Newcastle, Wakefield, Saddlewortb, Scar- were to be, in order that France might be in a intention of the new Algerian Company to invest place weeks or months ago. There is, however, pated reign of pesos was a mere chimerical vision, borough, Hull, Beverley, Seaham, Sunderland, Gateshead, condition, from the extent of the annexations some of their capital in speculations in France. a limit to endurance, and we have pretty nearly, and it is obviously impossible to say how long we may Bishop-Auckland, Stockton, Liverpool, Manchester, St. effected, to estimate the importance of the territorial Ho desires to hold the directors to the contract . Strong as our be permitted to enjoy an unexceptional repose. Helen's, Grantham, Kendal, Ulverstone, Bury, Wigan, compensation which the increase of Prussia's territory solemnly made with the Corps Legislatif, that eve r y if not quite, got to its length With regard to the navy, instead of being as strong as all Rochdale, Warrington , Newton, Blackburn, Ashton, would give her • right to ask in return. Le- franc of the money subscribed should be laid out in traders might have been at the first approach of the world together, we are not even in the first place, and Alnwick, Leicester, and Nottingham. sides, the French cabinet left it to be understood that it klgeria exclusively. A paper war has been going on collapsed credit, their resources are getting ex - alliances might easily and even naturally be formed by The Prince and Princess of Wales, who had taken would be content with the re-establishment of the frontier ' for some time on this subject. The company , emu hauded by this time. A commercial crisis, if which all our effective fleet could be outnumbered to- luncheon at Bishopsthorpe with a distinguished company, of 1792, which was adopted in the treaty of peace of 1 8 1 4 . short and sharp, often does good, although not morrow. The position we have always vindicated for came upon the ground at half-past two, and were enthu- But for the present nothing official took place on this lous of the large profits made by the Credit Mobi unmixed with much harm. In the latest instance, ourselves has been occupied by the Americans. They elastically received. The volunteers then commenced point. These overtures were not well received in Berlin. liar and Credit Foncier, contend that they can beat for example, the panic of 1857, the result was to really have, or believe they have, a navy superior to all marching past before the Duke of Cambridge and a brit- as may be supposed, but no definite answer was given, and put themselves in a position to keep Algeria by clear off a quantity of rotten firms who were habi- twhiethnaouvtieslaof plausible gr o unds , and T th o eis pree th u o mpti t on o s u are oo no ro t I : . an te t n e d t e a d ff f . ia T l The t io roo ilo ps w T e h r e e re an vie h w our in p t a i s u sin o t x b o y o , loo an k d f i i n ro i lia ,ari bl s y o wi n l ll ea n v o e t o b: d f oo or t so ho m h e ea t l i augmenting their own credit ; and that until good tually trading at a loss, satisfied if , by the lasted heal th of t M he . Emperor, r ti t is ho n nis ow i investments can be found in the colony they are - together , the Americans have only spent about 80 , 000 , 0001 . 3 The right divrvion formed in line opposite the saluting flag, improving, prevents him from bestowing that attention wholesale manufacture of accommodation bi ll s, on their navy. We, during the same period, have spent and deployed upon the centre, the left division meantime to the det ails of the negotiations which their importance justified in turning their money to the best account they could keep their heads above water for the between 60,000,0001. and 70,000,000/., and have nothing marching past to form into line behind. The artillery demands, it is probable that they will proceed with in France. To this argument it is replied that it longest possible period. Some substantial firms like so much to show for it. The fact is, we have a navy, opened fire in front, and under their cover the right a prudent slowness. Moreover France has no intention amounts to a declaration that the Emperor's pro also succumbed to the pressure of the times, but but it is a sham. We have ships enough, but they are division threw out a body of skirmishers whose of going to war at present, and her demands upon mini to Algeria is not realiseable, and that the they soon regained their original position directly mostly useless. The Navy List tells us that we have movements ultimately developed into the whole line 'Prussia are but the indication of future policy. consent of the Corps Legislatif to the constitution the worst difficulty had passed. In like manner nearly GOO men-of-war; the First Lord of the Admi- volley firing from the right. The left division of the company was obtained under false pre racy tells us that nine-tenths of these are dummies. shortly afterwards bad an opportunity of showing similar GERMANY. the existing crisis might have done service if it In urging upon the government and the country the practice. The usual forming of squares and other move- The Prussian Gazette publishes the text of the tenges• bad ceased, like its predecessors, with the wind- necessity of vigorous reform, the Times would by no ments having been effected, the review concluded with conventions of armistice concluded with Bavaria, Count de Nieuwerkerke has executed a little coup lug up of a number of companies whose fall was means imply the necessity of additional expenditure ;it a royal salute. At the close the Duke of Cambridge highly Wurtemberg, Baden, and Hesse Darmstadt. (Mot in the Louvre ;ho has expelled all the pho merely a question of time. Had the matter ter- ask' only that the same money should be bettor spent, complimented the volunteers on the manner in which they tographers, on the ground that they are " habi - The anent committee of the Nationalverein minated there, nothing more would remain to be It is not, says the Daily News, at the moment of yin- had acquitted themselves. In the course of bits remarks twiny careless," make themselves far too much at have i ssue d Pe an a ppeal to its members. In this said. Unluckily the late Government, while en- dieting his title to be the leader of Germany that he impressed upon his auditors the importance of attendinghome in the public galleries, and throw about oor- King William clan cede portions of its territory. Na. to details, which proved to be all-important matters in document they say : deavonring to apply a remedy to the threatenedfield of rosive substances, which not only spoil the fl oors poleon knows too well what subserviency to a foreign great operations of war. He repeated that he Notwithstanding all its brilliant successes on the general withdrawal of credit, enforced a proviso influence has cost the Emperor of Austria since the 31st had never seen a more creditable military die. battle the Prussian government has as much need of the and staircases but injure the pictures and which has served to render the proposed measure of July. The more the Emperor of Austria has forfeited play than he had been favoured with, and de- German nation as the German nation has of the Prussian curiosities. • of relief quite nugatory. They imposed as aby showing himself too little German, the more is the dared that the volunteers before him formed government. The first and indispensable condition M. Pijon, the advocate, who dropped down in an condition of their aid that the rate of die- King of Prussia bound to guard against the least sacrifice magnificent material wherewith to form an rffi. for the constitution of Germany is and remains apoplectic fit while actually pleading at the bar of count should be kept at 10 per cent. The of the national sentiments and interests. It is absurd, cieut army. The ready, cheerful manner of the the necessity of its integrity. A division of Germany the Fifth Chamber, never recovered consciousness, authorities at the Bank of England have apps- thinks the Daily News, to contend that Landau and Saar- men in gathering together, and moving at the order of into a North Germany and • South Germany is not . in and died on Friday night. He was 68 ye of age. loins are necessary for the defence of France ; but the their commanders, re fl ected the greatest credit upon all harmony with the political interests, the economics rently been unable to real i se the effects of this p rospec t of war to:determine such questions as the French concerned. In conclusion, he complimented Sir Sidney interests of the well-founded claims of the German people _____. _. _____ _ restriction, and have maintained it in full force demand may give rise to is too terrible to contemplate ; Cotton for the manner in which he had directed the move- for unity and liberty, these indispensable elements of its WEATHER REPORT.-(THIS DAY.) without hesitation or remonstrance. Hence we and the Daily News will hope to the latest moment that it mente of the volunteers, and expressed regret that the development. have now a kind of supplementary panic, and may be avoided. Prince of Wales had been compelled to leave before the The committee then recommend the states and MONDAY, AUGUST 13, 11 A.M. have reached a financial deadlock, which neither the Government nor the Bank Directors seem to know how to get out of. They look on with a In the present temper of the Prussian nation, not even review had finished. His royal highness h a d, however, the people of South Germany to hasten their entry Count Bismarck, powerful and popular as he is, dare to surrender to France • vil e of strictly German would expressed great satisfaction at what be had seen of their lall evolutions. The day passed off without any accident nationality' As the Telegraph believes that the French having been reported • and the Prince and Princess left for into the now federation, and to realise the right of a common political life guaranteed to the nation Nairn . Bea, I is, .1 1 ' lc 1it 0 1,..._...._, W. 11.. Ito 1 I I lt' F. • D. 1 IIL ___ _ 2918 59 E. 1 2 EN.E oc 003. I iii kind of bewildered apathy, which would be ' E ar l • by the imperial constitution of 1849. Aberdeen .. 29.89 56 S E 82 i N.W. eb -; 3 Emperor must be perfectly aware of that broad fact, and Studley-park, the seat of the de Grey and Ripon, at • amusing enough in itself if it did not entail the - - Leith - i 1 has no desire to figure in the eyes of Europe as the dim ten minutes to G o'clock. Their royal highnesses leave to- THE AUSTRO-ITALIAN WAR. Ardrosaan 29.88 56 W.H. 33 I S.S.W. ro 1.00 2 most grievous consequences. tuner of its peace, it cannot but think that the position day for Highforce, North Yorkshire, when the Prince will Greencastle 29.87 5.8 &W. 1 4: , W.N.W. ro 0.10 1 A correspondent of the Times writing from Corz, valentia... .0.28 2 The present CHANCELLOR of the Exenzerze. he has taken up will turn out to be quite reconcilable with commence grouse shooting. has not had much experience in office, otherwise any easy r et reat, and not necessaril y leadin g to extra. -- on the 11th, says :-" The truce having expired, 11 , err , 001. he would know perfectly well that a depu- migieL His Royal Highness the Duke of Cambridge has the Austrian army will advance to-morrow to iviNW o ,o 18 fi Ve °l7head es ;i1.01 t. 7 i i V OT W . .: ' 0 W. .re 11:17, 3 - tation from the joint-stock banks would not been staying on a visit to Lord and Lady Bonilesborough at occupy Alesso. It is a barren country, and no seed .. 10.50 e MISCELLANEOUS SUBTECTS. Lorient Grimston Park, Yorkshire. opposition is expected from the Italians, who have Rchefort 29.92 63' N.W. 3' 4 &W. ro lode 2 1 urge upon him a particular course of action The Herald regrets to find, from a scene which occurred Their Royal ll' hne ig sses the Duke and Duchess retired, it is supposed, behind the Tagliamento. Plymouth unless they had grave reasons for so doing. Prim& at a meeting of " The National League "in Dublin, that - - Weymouth facie it seems the most unlik I thin 'e y ng in the world the statements made by Lord, Derby and Kimberley re- de Chartres have arrived at Brussels on a visit to the King The fleet is at Trieste, embarking troops." Portsmouth 2947 60', N.N.E. 4 4 N. ro 0.41 3 and Queen of the Belgians. London _ 29.86 60 , N.H. 11 5 B.W. oc 029 - . that establishments which exist by lending out spading the still continued existence and strength of the Yarmouth The Duke and Duchess of Sutherland have ass - (RECTOR'S TELEGRAMS.) money should strive to lower the market rate of Fenian conspiracy in Ireland, are not at all . Scarborough. 2894 57; E.S.E. 1 2 &E. co ,0.07 2 need at Tarbet House, N. 8., from the south, where they FRANCE AND PRUSSIA. Shields .97 52 S.& 2, 2 S.W. o- . 2 • interest. To an outside observer a banker must exaggerated. Had the Whig government taken will remain a few . • Helder *aye, and then go to Dunrobm for the prompt measures to suppress it before it ac PARIS, Aucese 11 he ireakinir more money when diacmint is at I 0 nee -___:-_, ..... -:-- -...1 .........1 , .1.: • ..t. ...I ~ - autumn. _ _ The Constitutionnel of this morning publishes an The winds have varied nuc REMARKS.i direction and force since know how to get out of. They look on with a kind of bewildered apathy, which would be amusing enough in itself if it did not entail the most grievous consequences. The present CHANCELLOR of the EXCHEQUER has not had much experience in office, otherwise he would know perfectly well that a depu tation from the joint-stock banks would not urge upon him a particular course of action unless they had grave reasons for so doing. Prim& facie it seems the most unlikely thing in the world that establishments which exist by lending out money should strive to lower the market rate of interest. To an outside observer a banker must be making mom money when discount is at 10 per cent. than when it is at 5. The answer to this is, that high rates of interest in themselves make securities bad which would otherwise be good, and also are fatally injurious to credit. The present crisis, for example, is entirely one of credit. Every man distrusts his neighbour, not from doubt as to the soundness of his position, but because he thinks 10 per cent. exercises so great a pressure that his failure may any day occur, " from the hardness of the times." The joint-stock bankers know this perfectly well, and they also know, what everyone)n the City, with few exceptions, equally perceives, that as long as the Bank rate is at 10 per cent. confidence cannot revive. They have, doubtless, by all the means in their power endeavoured to enlighten the Directors of the Bank upon this point, but the majority appear, unfortunately, of that calibre of mind that they can learn nothing, and forget nothing. They will persist in applying to their course of action the rules which work well enough in ordinary times, but are worse than unsuitable when exceptional difficulties arise. If a few weeks ago they had only exercised the prudent boldness of lowering their rate to 8 per cent., even when their reserves, according to traditional practice, did not warrant the step, the whole face of commercial affairs would have been altered. It then required but a alight move in a favourable direction to have initiated a general return of trust. Most unfortu nately the opportunity was neglected, and how soon it will recur it is impossible to foresee. The con tinued maintenance of 10 per cent., and the evident discredit abroad with which England is conse quently viewed, have had a most serious effect. The question of whom to trust is resolving itself into whether we shall trust at all. We are gradually dropping into a state of barter. Several classes of securities are becoming unsaleable on the Stock Exchange to any amount unless the seller is prepared to take other securities in exchange. Everyone, in fact, whether banker, merchant, or other trader, seems bent upon hoarding as much money as he can. Mr. DISRAELI has postponed his answer, but there appears little doubt that it will be a refusal. One argument he is said to have used in favour of the Bank policy, was drawn from the low state of the reserve. Yet it has been proved over and The Herald regrets to find, from a scene which occurred at a meeting of " The National League " in Dublin, that the statements made by Lords Derby and Kimberley re specting the still continued existence and strength of the Fenian conspiracy in Ireland, are not at all exaggerated. Had the Whig government taken prompt measures to suppress it, before it ac quired extension and strength, the task of dealing with it would have been comparatively easy ; but by their negligence in permitting foreign emissaries to teach their pernicious doctrines, and poison the public mind, they have left a far more difficult one to their successors in office. It is hard to grapple with a secret society, which, warned by experience of its inability to resist constituted autho rity, avoids committing itself by overt acts, and quietly bides a combination of circumstances which may give it a chance of carrying out its intentions. If, says the Stu., Mr. Disraeli's argument in reply to the deputation of bankers were sound, to increase the rate of interest even beyond 10 per cent. would be a fair in ference from it. If to increase our bids in the way of inte rest is the only way in which the Chancellor of the Exchequer considers our supplies of capital can be increased, why does he not suggest that the rate should be made 12 per cent., and, if necessary, advanced from 12 per cent. to 15, and so on to 20, or to any other outrageous figure, in order to lure home and foreign hoardings into the public ooffers? It is very obliging of Mr. Disraeli to stay in town, and keep the 10 per cent. rate of discount company ; but the City would be better off without either him or it. The Duke and Duchess of Montrose have left town for Buchanan House, N. 8., for the maim. ) DEATH Or Ma. THOMAS &THEBAN. —There has just passed away from us, at a ripe old age, one who was for a long series of years intimately connected with City life. Mr. Thome Sotheran, to whom we refer, was the founder of the bookselling establishment which, under the able management of his son (and more recently in partnership with Mr. George Willis), has become one of the largest bookselling businesses perhaps in the world. Mr. Bother= was in business from 1812 to 1856 (when he retired), and will long be remembered for his geniality of disposition and courtesy of manner. He formed a valuable between the past and the present, having been for nine years with Messrs. John and Arthur Arch, the famous booksellers of CornhilL Be was thus known to two generations of book-buyers. The experience of such a one, who knew bookselling 60years ago, and knew it to-day, was very valuable, and could it be given to the world would be most acceptable material towards a history of modern literature. Mr. Sotheran was also the father of the Lori nera' Company, having become a liveryman so far back as 1815. The interests of the company were very dear to him, SA were also those of the Yorkshire Society, whose claims upon him, as a native of Yorkshire, were always cheerfully acknowledged up to the period of his death. Mr. Sothe ran's kindness of heart and urbanity of manner will long be remembered by all who knew him. He died in his 84th year. at Lewisham.—City Presa THE RI7MOURED FENIAN IsvagioN.—On receipt of the false intelligence on Thursday morning of a Fenian descent upon Shetland, Mr. W. E. Baxter, M.P., tele graphed to BirJohn Pskington that considerable alarm was felt here for the safety of the whaling fleet, which, if the expedition were really a Fenian one, would be certain to be captured, should the Fenians come across it. Later in the day a telegram was received in reply, indicating that the government would inquire into and attend to the matter. In the afternoon a petition was signed by a min bee of our leading merchants and shipowners, requesting the government to despatch a sufficient convoy for the pro tection of the whaling vusela. —Dundee Advertiser. The mortal remains of the Marquis Camden have been removed from Mayhem Abbey to Wilderness, near Sevenoaks, preparatory to the funeral, which take s place to-day. The Earl and Countess of Durham left town on Friday last for Lambton Castle, Durham. The Earl and Countess of Dartrey have left town for Dartrey House, Coote Hill, county Monaghan. The Earl of Powis has left town for Powis Castle, near WelabpooL _ _ Lord and Lady Penrhyn and Hon. Mimes Douglas Pennant arrived at Penrbyn Castle, near Bangcr, on Friday last, for the season. _ _ . The Count and Countess Hippolyte Czernichew Kroughltkoff bare arrived at Claridge*, Hotel from liydo, Isle of Wight. Viscount Flolmesdale and Mr. Boultbee have left Penearrow, Lady Pdolesworth's seat in Cornwall, for Scotland. Lady Herbert of Lea is entertaining a select family party at Wilton House, near Salisbury. The Baron and Baroness von Eisendicher have arrived at the Alexandra Hotel, Hyde-park-corner, from Germany. - . The Hon_ Mr. Westby has arrived at the Queen's Hotel, Upper Norwood. Colonel and the Hon. Mrs. Dudley Carleton have left Tetworth to join the circle at Pencarrow visiting lady Molesworth. The Constitutionne/ of this morning publishes an article upon the rumours respecting the demand for compensation addressed by France to the Prus sian government. The article says :—" It is important not to allow public opinion to be led astray on so serious a proposal. Without doubt it is possible that France has a right to compensation, but to believe that a programme has already been drawn up and already rejected would be to misunderstand the ordinary character of diplomatic negotia tions and not to take into consideration the very friendly relations existing between the two powers, moreover it would be forgetting that the true interest of France is not to obtain any inisiznifiraut torritorial aggrandisorriant, but. to aid. Germany to constitute herself in a more favourable manner for her own interest and those of Europe." AMERICA. (By Atlantic Telegraph.) NEW YORK, AUGUST 9, EVINING. Gold, 1482. Exchange on London, 159 fr. Illi nois, 122 ; Erie, 68 ; ; 5-20 Bonds, 1091. Middling Upland, 34. Mr. and Mrs. Alfred Morrison have left Cla ridge's Hotel for Foothill House, Salisbury. We have reason to believe (says the Times) that the Garter vacated by the death of the late Marquis of Lansdowne will be conferred upon the Duke of Richmond. Lord Boyne is also to be advanced to the peerage of Great Britain. NEW YORK, AUGUST 10, ETTNING. The winds have varied much both in direction and force since Saturday. on the south-west coasts a great deal of rain Tea fallen, and last night the winds were very strong from the westward. Temperatures have increased. Barometric pressure continues to oscillate considerably. This morning it is increasing. Gold, 1481. Exchange on London, 1591). Illi nois, 122 ; Erie, 69,i ; 5-20 Bonds, 10 9. Middling Upland, 34. NEW Romax CATHOLIC BISHOP.—It is officially announced that the Rev. Canon Eyre, of St. Mtry's, New caatle-upon-'Tyne, has been appointed Bishop o. Hexham and Newcastle. He succeeds Bishop Hogarth, who died on the 7th of February last. MELANCHOLY DEATH OF A BARONET.—Between I and 2 o'clock yesterday morning Sir Gilbert East lost his life near the pier at Ryde in a manner which has not yet been satisfactorily explained. He has been in the habit for many years of spending the yachting season at Hyde, and this year his fine schooner yacht the Lalla Rookh has been out daily during the regattas on the Solent. She was at her moorings, about 400 yards from the pier head, on 11•41m/ry oficauoon, when Sir Gilbert, aitoompanied by a female companion, came ashore in his own cutter and spent the evening in Ryde. Between 1 and 2 o'cicck this morning he passed through the toll-gates with the same person, as the piermen supposed, to go on board his yacht. It was high water and raining heavily at the time, and before they could have got half way down the pier the attention of the few persons at the gate-house at that hour was excited by the piercing shrieks of a woman. Captain Craske, one of the oldest officers of the Royal Mail Isle of Wight steamboat service, who happenedto be at the toll-house in the performance of his duty at the time, and Cousins, the pier watchman, and others ran in the direction from which the cries proceeded. On reach ing the roundhouse they found a lady in • state of great excitement, and a voice from the water was dis tinctly heard crying out " Save me ! Oh ! save a drown ing man ! I'm all nght !" Adams, one of the crew of Mr. Hudson's yacht the Caroline, who was among the few present, ran to his cutter alongside the slip about 250 yards distant, but before he and his mates could get back to the spot whence the cries came, all trams of any person in the water were lost. The search was continued for some hours, but without avail, and although the spot has been dry twice since the morning the body has not yet been recovered. Sir Gilbert's companion returned to the toll-house, and subsequently went off in the cutter of the Lalla Rookh, the crew of which had been awaiting the arrival of their owner at the pier-gates, but on seeing him approach had hastened off to the pier -head, where their boat was moored, and where they had been out of hearing of the alarm excited by the sad event. It is said that Sir Gilbert was an excellent swimmer, so that the circum stances of his death appear the more extraordinary. THREATENED ANNEXATION Or MTSORE.—The names of the following gentlemen, formerly residents at native courts in India, were subscribed to the petition which Mr. Mill presented on Friday, praying that the house will take steps for preventing the annexation of Mysore, and for maintaining that tributary state with every possible security for British interest' and for the prosperity of the people of the country, viz.:—General Briggs, the First Commissioner of Mysore ; Sir John Low, late member of the Supreme Council of India ; General Fraser, late resident at Hyderabad and at Mysore ; Colonel Haines, late Judicial Commissioner at Mysore ; General Jacob, late Commissioner of the Southern Mahretta Country ; Sir Robert Hamilton, late agent to the Viceroy in Central India; and about fifty other persona conversant with Indian affairs. THE GREATUAM HALL.—Ever since this cruiser hu been lying in the Portland Roads, whither it was taken under arrest by her Majesty's ship Caledonia, a series of disturbances have taken place amongst the crew, and cases of riot and violence were constantly being brought before the magistrates of the district. On Wednesday last 16 men, who had engaged as part of the crew subsequent to the recent mutiny, were brought before the magistrates at Weymouth Gu il dhall, having been arrested on a warrant charging them with disobedience of orders and refusing to proceed to sea. They were sentenced to 14 days' impri sonment. A fresh crew was obtained on Thursday, and afterwards the Greatham Hall steamed out of the road stead. The Convocation of the prelates and clergy of the province of Canterbury was on Saturday formally pro rogued by the archbishop at the Jerusalem Chamber until Friday, the 26th of October. PRIVATE Bime.—From a parliamentary paper, Maned to-day, it appears that the number of private bills deposited in the Private Bill Office, in 1866, is 633, of which 377 have received the royal lament. BAEHRUPTCY.—This morning was issued a par liamentary return relating to the deeds registered from the 11th of October, 1865, to the 11th of April, 1866, inclusive. The number of deeds of assignment was 1,219, the gross amount of unsecured debts, 3,213,7141., the number of —Tines. - THE SUBSCRIPTION TOR THE WOUNDED POLICE. composition deeds was 1,191, the gross =oust of un. secured debts, 2,125,0791., the number of deeds of in. spectorehip, 37, the gross amount of unsecured debts, 678,8281. The following letter from Sir Richard Mayne appears in the Times :—" Sir,—l request you will be so good as to state in the Times that in addition to the sum of 3001. paid to me by Lord William G. Osborne on the Bth inst. I have this day received from his lordship 1341. 134., subscribed by persons anxious to show their sense of the courage, temper, and forbearance of the police on the occasion of the late riots in Hyde-park, and to assist those smog them who have been injured or disabled in the perform anoe of an arduous and painful day." CRYSTAL PALACE .— The illumination of foun tains, fireworks, and comets takes ,place this evening at nine o'clock. , SHORED/TCH WOR POKHOUSE AND To SIM OR. The questions recently asked in th e 16._ Commons respecting the enmities said i;"'" r 2 . ! been committed in Shored itch Workhouse sse t o be repeated in another form. On Friday th e ' mittee of the Workhouse In fi r mary once more went carefully through the eyhj e - 6 ,74 resolutions which is to be annoned tolead d resolutions further inquiry. A. strong unix...mica pi. rails that the matter has been quietly sh e i., that guardians and officials are b o th diica Zse! resist all efforts at giving it publicity h from Shoreditch Workhouse that the mid Matthew Mull was sent away to w an d er la through the streets until taken ja tody for breaking w i ndows; sa d if charges referred to be true, his was merciful when compared with th e inflicted within its walls. The allegast ees, were of a very circumstantial character,,, nally made by an inmate of the worichous, a pauper wardsman. Filthy and inr cruelties were said to have been prj the sick and dying, and the Poor-law upon the Shoi:edrteh guardians for an Thea 9 gentlemen held an inquiry own, and reported generally that tion _ had been used, and that could be found with. the adminisez e u x their sick wards. In other words, u s charged with mismanagement were asked to , judges upon themselves, besides acting aa jo b and returning a verdict. It is not surpui4"' ke the result should have been unconvincing to watching the case, and that with the t h o u. discipline of Paddington and the St ran d tc - i i t before their eyes, the benevolent publi c 4. 1 ask for further information. Moreover, the Poor Committee had ample reasons for hi*, the damaging assertions to be true in this o u ', they had been officially admitted to be is then; and felt it their duty to bring the mattes er / before the Poor-law Board. Aecordinglystan e u t a few weeks back it was proposedbyLmd M.P., seconded by Mr. Davenport BrotaleM, and carried unanimously, that the Earl of its von should request the President of the poach Board to institute such an official inquiry u been recently held at Rotherhithe, on the veei that the investigation instituted by the gu m li, had been partial and ineffective. The yap wardsman implicated is understood to be stsli i office, and there is grave reason to fear tint cruelties complained of—cruelties, it should bet derstood, which are too horrible and remit . ," describe—may be repeated with impunity, This painful subject has been now carafellyi cussed at three meetings of the Sick Poor O ulu tee, each of which was attended by merabatedit houses, and by influential men of every l i e u political opinion. It was at first sanguindyu g u that the precedent set by the late President ilk Poor-law Board, in the cases of Paddirgko Strand, and Rotherhithe, would be followed his successor, and a proper inquiry ere a l Mr. Hardy's reply to Mr. Lawrence Oliphant ie other evening dispelled this illusion, sad after* deliberation the following resolution was wade Friday by Mr. Charles Vtaring, M.P., Decor:kik Mr. Charles Neate, M.P., and carried u mously, " That as the names have been formed to the committee of several persons who nee* to depose upon oath to the staking d Edmund Wynne as to the groom crueltki 111,* to have been committed at the &Wei Workhouse, the committee must express amino that the matter has not yet been submined ton official investigation by an inspector of tie Per law Board according to precedent in suck rani It remains to be seen whether this tempenisenie ment, backed as it is by men who have already dote good service in the cause of workhouse lead Mr. Hardy to rescind his daf t° institute the inquiry asked for. shameful acts complained of were . years ago, and that one of the prinni dead, does not allay suspicion if the Bible for them keeps his place. Hardy advanced the other night, whe. comply with Mr. Oliphant's suggestisa, of guardians has had alterations r scarcely affects the question unless ment in their management can be grounds, of policy, of justice, ! humanity, a full inquiry is desirable, greatly to be hoped that the Presie is which wlir th dw e iszidllnoovtery of less flagran t discouragee to in other workhouses and their pr has been mainly due. Mr. Corry, Vice-President of hi has stated to Mr. M`Laren, M.P., and to - M.P., that if no case of rinderpest be reported land in the course of a week, the restrictios and sale of Scotch cattle and sheep in Sr removed ; b . licerota will be required tween England Scotland. THE VACANT ALDERMANIC GI Of a precept issued by the Lord May( the ward of Lime-street will be held i room this day, at 12 o'clock, for the and proper person to fill the office of room of Mr. John Joseph Mechi, resi candidate for civic honours is Mr. Willi mond Cotton, of the firm of Culverwo Cotton, the extensive tallow and oilbrc axe, who will it is said, be returned wit CLEVER ESCAPE FROM PRISON CONVICT.—A returned convict named who bad been apprehended at Preston felony, effected a clever escape from Friday afternoon. Whilst the officer the cells had one of the doors open, talking to another person, the prisoner his shoes, pushed the door open a little out, and disappeared. When the officer missed the prisoner, and it afterwards t had made his exit through one of the police-station is a very badly arranged " wide awake " prisoners many tempt cells face the street, and as the prisoners ones—will persist in having tue small open, they can keep up conversation with , ,a 8 After Wilson escaped from prison on Friday extraordinary effort was made to find biro, Lel * time during the evening the police were wail I: yards of him. A new officer, who had bend rf rt escape, met two men on the lancasterroad , :: petting that one of them was the missing WO. Ile a grab at him, secured him, and wafted ei " prize " to the police-station. But on gettiegSt, found, to his intense chagrin and astonishment. is had made a mistake—that , in fact, he man Or I st company with the one he secured, and wise Nar. when the apprehension took place, w as Wiles. 1 " man who was taken up said that Wilson was ea W . to Barrow-in-Furness, and that he would to Lancaster. On learning this the police sutbornro_,.,2 an extensive muster, several of the day men Wal for night duty ; some were sent to weigh all tbson."' the borough ; otheis went to the neighbotuteg several kept moving about in the town; two Ass despatched on foot towards Lancaster ; two wont, off in a conveyance in the same direction ; 0 8 . Barrow ; another proceeded by the mail train • for the purpose of walking back, and if pomp" the prisoner ; but the fugitive could nowb and all the o ffi cers had to return emptY - b 22 ' ... cheater Guardian. THE New NATIONAL GALLERY ACT. --- 0 . day the new act to "enlarge and improve" ti" • Gallery was printed. A site has been aosaired,ll. Martin's'Plane, and part of the workhoum of St NM in-the-Fields. The property in St Martinll - P bee ' ins the Provident Institution, belong , tim th e git the same is to be valued and the amount mid te missioners of the Woods and Forests. Tee ComuM, of the Public Works are to carry out the act, orw:_7, the lands to be taken is to be opened at their Irop spection on the payment of one shilling. A ' um , —Alai has been agreed upon for within One m onth oi of that act, and the guardians are to have the me s place until October, 1868. The courpuborf F" be made within five years, and should, inkt• red to T o of the works, any human remain s be disco_ ,7 00 , stones, they are to be decently removed under 'T oy er of the Bishop of London. After the payment of the purchase money for the workhouse, the ro" vest in the crown. The South London (Brigh ton Line) it OPic f : traffic to-day between London - bridge d WO. o we will add six new stations to those in the district—viz., at Rotherhithe, Old Kent-ronri2l; Peckham Rye, Denmark-hill, and Longki;r: i t il he e y thLi wil n l the w g h e o d le to diarance ev in ery t wetwrieZ7n6l°: __ l; fares are the same as those of the omnibus.* , 11 0 7. 0 .1 . tickets are to be issued at the usual rate of a ; a nd half for the two journeys. A very large 1 1,!!!! list ; may be con fi dently looked for from tbis s o .• i Railway News. coup Wore "diem oe that • to the statome decided upon r The learned Re grand jury to e concluded by d duties. TIM MAIN Henry Chan 4 corrupt pc he prow:cal Aannen , charge last. 11 ground of zunittee of caudated as a -lion both Whatmo ! any u that D t. The there co, the stet Lee and I utterly fa at a low' I %tad the [The tr ia .. be ings : o ared eb Atte Rob, for stalling The prism bums G reed said or Kr.lves, 111 'rte wow two or tire end while Ens high Pcst his Ce boot bib pa en him t s tad wt atter • cons when airy risk prison It was p Ina pm 42 w . T servii to had those Nei Satiated foe Me d Bic prow add the pr en di be ho ew that tome, %toed row 1 1M the pi Pair SU DI Peaketk A d she an hand meant lwo He the tory Wora ers Vois oti old the Po o altaintde Dunne hNARIr etriekst dishion yr Moiled tail Munelei g h Privet were than Rated the Which the; the' 7 ' 9 " 99161 e The batikrali ty k a be Ili , s mime allairn el e 'n ... Midler img L ; ""Pteeekt le e k r : geed, on ;•'.7 anserek fa i . ec eormta Eli p o th di acana ,_ • . about eat blicity. h ' 9 no" in a eta' the re e d . et see lider nhh -the binkrnpt to hi :aanctaer4iorkbetlis;t"liertlahhiawatnal:Bast4Hirtirl:.'*.'.it'i'....•":.... :1714'.61 : 00;a tiouni snabella ida bliwhAlezandril --i" bmiknaptel l t a l lsbuth : 4 ld : : negation • fe 1 / 6 atardeal meareto I t i in pmei ee i • inelliel • PeePoell b e impossible to to °I. an "Pi** of the ProP000l• inquiry o f tho Aber hearing 11 r that e iee ,,_ His Honour gnu that littleZ ration of the meet IdElillilk o h o , I words, th e pt , ii CENTRA ere aned to it i acting as j oyall ot surpri neg I) . A hvi ncing 4 ,.. 1. 3 t The August 10 4 .014 1 "pas ope this the &rind r at , . bfayer, th ant pub& e i a g 40.), "in. v 7An . mid oreover, aaai titi,,Jit . . ol den' (lex, as a ort Bro ~,,- ---„ 71 . : _ "‘" in male pristine .--..., be - .ow en 4 • . . ere 40 are a '''' in thOGO .. , Middlesex, ie materna% frau Kent, =1 1, 5 itlintizisa m ak fen n ur r ar ' 10 ; u dby the Bari of Oft among the en ade ß 7o t r i a err i , e L bou hortim nt of the N t h am of thef 'term I,lcial iliciail7 rt. 914 mittee last elect' n for ..e, on ...- gen aon d uo tcrbyithe ed by the mere mee t The 0.1101 tire. The rea members, Resin stood to be WIl roomy in order b w ill be called as ies u to , it f ear dat slink 4i Th e - statemen e tßecorder, so ma ble and rerolt‘ i a l t h oug h there i impunity. for taiga at the pr , n now care* 4 have been uit exn s o e t i Sick Poor the Ma " the in t daughter, by meratenfin deemsecl aPPen of every An i l b e tire pi et tangdinelidpi question for al ate President die d dalth. In of Padding that the wife o ** 1 mold be folioed . il • tap .o live b e hi ms elf al inciter/ coal tine the at rrence Oliphant to should do so, at that he mu ision, and after* lind .a th -- ti lotion was loons intenthaving wounds , M.P ...... ,_,” oonofen! be that her bus and `..""' /11 • 1 * Inflicted the i hare been forniii Uwe denied i :rsons who aresek alone that ' the states* d the statement co nfirmed by or rose eneltl e l hiff • It was a ease in at the Shore* ...m .o.", that . hd w o o f r op k rri h . n o cio nse nst reE Ticiasin om y v d will Henry Otani his determinatis and corrupt DI The prow:cut of dwerethe inflicted h Mr. Hannon, andun zI I.Lcmh_i . 7 re eh a f t eon. f r f Lig pik lif, e w . hes Tila r t efulia , g suggestion, the examined Fla a ',orations is ita election both unless a s l at in K.T. Whatms can be shown a be of any u Mice, and et coax end. that 3 is desirable, and pooret. said there col President of the Po made the stet age or obstruct eas Mr. Lee and I sa flagrant &etas° was utterly fa their promised me w hat e d loss ac the [The tr It of the Board oans ▪ and to M. riett This court Beet be reported fres as names of the reg ie tth res eeuiredp ai in cti forsco n thisailadt:totra, ooli4heleltree,:rern; which e ne be;;a:corhmetoriloooinwret..i.sathe...6.—.l:l; fibs detention _ op he:e_ of office of sidemen is* irmh2nbeaoi: [cebii resigned. 1111 scent that Mr. William dies ba tomtits _ Cverwell, boa ° oil midrekersd X : l s k! ru mmest e a srned without = 0 be dispod lIISON OF • /Wired eb c t named Clarkin" the state of Preston on s dm* to him (Mr. from the h e k.ap tides The =among officer who wag a doll of despatch, o pen, and, was este letter and p prisoner Wilms@ IrdOd rush his ftt n a little furtho ; i l day, too Ist officer woad * deader had " anis maj o re d this cakes he we Oa of the cellar p i a. • arranged place , „. t em ptations al msf* Mi te p e e liosti • tu ri e small vet:Wise s, avation with pm# _MO • ne Friday Oa!! as LAW gras &WM 'RA (etizi t 4 Al he way