The Express. — London, England, 1862-01-27 00:00:00

OWL MIMI AND 00.11 DURI EXTRACT et CALVES' FEET, lee brths. Doll owl ImorAAA FOCI" et UANUFACTUDY. 114 t r uer ., Losist4A, W. PllOOllD -NAND PIANOFORTES. COMM. DMA NM WOOD bob law asporbaset email4ami Piseits4 by So mil elsoned Maker% 111 pray avarid plem—en. Elie erpretiO. TO COdigIieIPONDENTA. uhirtiormats intended fur •• The Express Pas. mast he at the ogle.. 10, Bouvet 0 deck oa the day of publication. London Evening de-strove, by Two HAY MAREET. Moo prrrnso, (WEL AMCRICAN COURIN. 11Imen. %there, liolutone K. Villain. and Itoicera : Kn. C. Yeses Mks Oliver. And LITI LE %INA %Warn AND 1111111 ROY IlL01; or, riarlolum mod tri..lDadaty brutal& Leeks Leslarsq, axj. ritTri l !FP. Virg Ertvrno, Till livid miezANT. —THE YANKEK AEKKLPF.K Mr. awdlll,t W.J. fusses. —Awl IT TIMID )% AND LILY CAI 111 Skaiffliks Lag Kollywobba Ye an J !Awl, Hilly ort awl Tomb • Mks Adams. ST,_fAMII. Tate KTICII.O. I 3 YADL Siam G. Ilstag, W. H. 144 phetta, Ular. beissoce *MI lastssst. —And Y/YR-SEra AND A\ lIRAMILDA: an no Mad aid di Monier. Y 11.dcuaws sal Mks Issbast.—Ossussass NiqnPim Tlog Emma. TI. ZINO OF THE CURE& Slr, A UM Momo. A. lily. J. Lady Newham, 106 Chantrell6 *M. C. flarriban. Kra W. Cranford. —and Tlll. DAY[ CLOUD.,—Ciamems 'ASA ZION WATZB AT lANDON DAIDOL nos p7i=iiaiisaTul:iiii:l7.7itliTri;W: ob. am. —111tonla& OIL lbw AnAITOOOD, Oh. 4.540. LONDON, MONDAY, JAN. 27. Its ENT arrivals from America throw further light upon the condition of financial affairs. The subject is an important one, from its bearing upon the great question of the ability of the North to continue the war ; and than this there is no ques tion more interesting to our commercial com munity at the present juncture. It is frankly admitted in recent advice. that the necessity under which the New York and other banks and the United States Treasury have at length found themselves of suspending specie payments, though it has long been regarded by many observers as sure to result from the defective plans of finance hitherto pursued, has produced a rather keen feel ing of disappointment in business circles. The unfavourable impression is strengthened by a belief which prevails extensively th►t, with better financial management, this grave step might have been averted. Several errors in the Federal system of finance, long patent to us at a distance, are now recognised. One of these consists in the slowness with which Congress has addressed itself to the important task of raising the scale of taxation to a point commensurate to the national emergency. The American people have been encouraged by not a few of their leaders to believe that the present great war of principles can be carried to a successful issue without the strain being felt in their homes and at their hearths. Easy-going plans of finance have been all the fashion ; increase of taxation has been neglected ; and a system of wholesale loan-raising has been almost implicitly relied on. The effect of these teachings—of this negligence—is seen in the fact that, while the ex- , penditure of the Government is estimated to have reached a total of at least 60,000,0001. sterling for the year 1861, not more than 7,000,000/. of that sum was derived from revenue, properly so called. The simple fact is that taxation and all other branches of revenue produced a sum equiva lent to only about one-tenth of the expenditure, all thereat being provided by additions to the public debt in some form or other. We have not been slow to defend the American people and their Govern ment when they have been maligned, and we now feel the more free, therefore, to express an opinion that, making due allowance for the financial dis turbance incidental to the transition from a state of peace to one of war, the fact above mentioned fixes upon the Treasury department a deep re proach, in which both Congress and people must be held to share. Under this system suspension of specie payments by the United States Govern ment and by its bankers on the seaboard was merely a question of time. Nay, an arithmetical process could almost foretell its date, and for this reason. The loans upon which the Government relied almost exclusively for the means of carrying on the war and the entire m►chinery of the State were principally taken up by the associated bankers and capitalists of New York and of the Eastern States, while the Government expenditure was going on all over the Union. The COMO quence was that the internal exchanges ware all turned against New York, whence a stream of specie has been constantly flowing into the inte rior. The banks in the interior having stopped payment at the outset of the war, specie is much valued there, and is hoarded. For a time the influx of gold from California and Europe enabled the New York banks not only to meet the internal drain, but to obtain an accumulation of specie un precedented in their history. This movement was promoted, as we have often shown, by America's rejection of the commodities which she ordinarily takes from Europe. All foreign superflui ties were cut off, and payment was re quired in cash for nearly everything ex ported. The extent to which this economy was carried is illustrated by the statements of the im ports of "dry goods" at New York. The total value in 1861 was (in round numbers) only 8,120,0001. sterling, against 20,300,000/. in 1860, and 22,500,0001. in 1839. In not one of the last twelve years has America taken so little as during the past year of war. Glancing back, we find that the imports of " dry goods " were in 1838 (the year succeeding the commercial panic), 12,200,000/. ; in 1837, 16,500,000/. ; in 1836, 17,800,0001. ; in 1855, 13,300,000/ ; in 1854, 15,600,0001. ; in 1853, 18,700,0001. ; in 1852, 12,400,00 W. ; in 1831, 12,100,0001. ; and in 1850, 11,600,0001. The accumulation of gold has also been largely increased by the immense exports of American breadetuffs occasioned by the deficiency of the harvest of 1860 in England, France, and el s,where. Within the last few months, however, the posi tion of affairs bas greatly changed. The food re quirements of Europe have much diminished; and while the exports of American grain and flour have latterly ►een almost stopped by the winter, the retention of the cotton crop tends to keep in Europe a sum of about 40 millions sterling which usually goes to America. The exchanges have accordingly moved against that country to a point at which she is herself obliged to remit specie to Europe. A foreign drain, combined with the in ternal one already described, was all that was re quired to apply the touchstone to the edifice of the Federal finances. It collapsed, and suspension of cash payments was the only re source. Had the whole country been laid under contribution as quickly as the occa sion demanded, by means of a comprehensive plan of taxation, it is certain that this event might have been long delayed, and it is even possible that the wnr would have come to an end before cash payments did. This impression, as we have said before, embitters the regret of the true friends I' THE EXPRESS, MONDAY R of America, for they feel that an adverse avoid• able event has beeu permitted to occur through neglect and bad management. If With this little explanation, which elm hardly be thought superfluous, considering the bitter pre judice with which everything American is now regarded by some of our public writers, we will quit the past, and examine for • moment the question which possesses prime interest to commer: dal men here—namely, has America the mesas to go on with the war I To our mind every fact points to the affirmative. Those who talk so glibly about instant American ruin seem really to lose sight of all the economical bearings of the matter. Had America exhausted herself pre viously with a large foreign expenditure, or were she now exhausting herself with a wetly foreign war, there might be • prospect of an early termination of the contest from inability to continuo it. But the facts are quite otherwise. As we have shown, America has economised in her import trade in a manner almost wonderful. She also drove an immense and very profitable business in grain and flour, and sold at very remunerative prices her last cotton crop. Europe, in fact, was laid under severe financial pressure to provide the money, which went to America in hard cash, and remains there. Then, again, the whole of the war expenditure takes place at home, with the exception of the com paratively moderate sums which are paid to Europe for military equipments and similar purposes. Finally, as we have already proved, the American people have hitherto really escaped war taxation. The strong boxes of the Eastern capitalists have been filled with Government securities, and the New York banks have patriotically taken them to an extent which may hereafter embarrass them not a little ; but we would direct the particular attention of our readers to the feat that the taxable capacity of the country has as yet scarcely been subjected to any unusual call whatever. Its resources are very great, after so many years of progress and rapid development. American economists do not hesi tate to express a conviction that the country could bear well, for a time of war, a taxation (including Customs duties) of 40,000,0001. a year ; and when we recollect that the population of the United Kingdom pays 70,000,0001. a year in taxes of one kind or other, the estimate does not appear exaggerated. The best financiers in America argue that, by at once raising the scale of taxation so as to produce 30,000,0001. or 40,000,0001. a year, by limiting the issue of the new paper currency as much as possible, and by making it payable to the govern ment for all kinds of taxes, the war may be pro secuted with great energy without any further financial collapse. As we have before observed, one of the greatest evils of the new system of an irre deemable paper currency is its imminent liability to be abused. There is certainly a great difference between the 7,000,0001. which represented the produce of taxation in 1861, and the 30,000,000/. or 40,000,0001. which proper principles ra tquire should be raised in this way, if the perniciously inflating, yet at the same time de pressing effects of a vast imam of government paper are to be mitigated. Now is the time for the American Congress and people to repair pest neglect, and to show their public spirit. Should they adopt the prudent and self-sacrificing plan, they will be able to carry on the war all the longer, if need be. Should they, on the contrary, shirk the obligation, and trust mainly to issues of government paper, as they have done hitherto, their future embarrassments will be far heavier, but even in this case we would' refer to the struggle which Russia maintained against England and France, as a pica of what may be accom plished even by means of paper issues by a country far less wealthy than America. ebt Court. __....__ OSBORNE, Jas. 26. The Rev. G. Prothero performed the service this morning at Osborne before the Prises of Wales, Prince Arthur, Princess Helena, Princess Louise, Princess Hoban lobe, and Prince Louis of Hum Earl Granville, Lord Freakiest, will give a dinner to the Cabinet ?dinistere and the peat °Beers of the Queen's Household on Monday, the 3rd February, at his residence at Bruton-street. At, the meeting the roll of High Sheriffs for the counties of England and Wales for the present year will be arranged previous to its being submitted to the Queen in Council. The noble earl will give a fall dress dinner on Wednesday, the sth instant, to the grower and seconder of the address in the House of Lords and a part) of peers. Deapatches were received an Saturday at the Colonial aloe from the Governors of Gibtaltar sad Cased► Des- patches were tent to the Governors a/ the North American Provincel. Bermuda, to the Lord High Oeermisaiooer of _ _ the Isaias Idasda, s.l tow Owens; cd Yalta. Deepstchee were noised yesterday at the Coloni►l•oflic (ran the Governors of the Cape at Good Hope sad Natal. Prince Louis of Hesse will, it is expected, remain co a visit toiler Majesty, at Osborne, until after the arrival el Prince Alfred, who is expected almost daily. Prim Louis will thee Moro to the continent for a short time. The Duke and Duchess of Roxburghe, Lady Charlotte lanes Ker, and the Marquis of Bowmont, have arrived at the Clareodon Hotel from Scotland. Lord and Lady Rendlkeham have returned to the Clamed= Hdel from iteadlesham Ball, Woodbridge, Suffolk. _ _ Lord Abereromby has left the Clarendon Hotel for Scotlaod. The Earl of Hardwicke has left town for Witnpole Hall Cionaridisshiss. Her ladyship remains is town on • visit to Mr. sad Lady Elizabeth Adeane. Viscount Royston leaves Wimpole Hall, Cam bridgeshire. today, for Mottos Mowbray, on a visit to Mr. sad Lady Nary Cravat). _ _ . . . Lord and Lady George Quin have arrived at their 'widen°. in Belgrare•sgeere fur the swoon. - . Lady William Poelett arrived at her residence in arson-street on Saturday. Sir George Coruewall and Lady Theresa Lewis and Miss Lister come to tows today from visiting hie Fa celleacy the Belgian Minister sad Madame Yea de Weyer, at New Lodge, Windsor Fors t . . Colonel - and Lady Louisa Douglas Pennant are entertaining a select party at Penryis C.utle, Carnarvon. shim The colonel and her ladyship and family will leave Poems early neat mouth for Wickes Park, Stoney Strat ford. Sir John Ogilvy, 111. P., and family have arrived is town from Boatload. Sir John has taken Kent House, Koightehridgra, labs the residence of the Earl of Morley. The Hight Hon. B. Disraeli and Mrs. Disraeli have r4urned to Crosvenor•pte for the mama, from a visit to the Marquis and Marchioness of Salisbury, at Hatfield hewn, Herta. The right hon. gentleman has issued cards of levitation fora parbamentery dinner on the sth proximo to a circle of his eupporten in the Hoses of COMM/0M A meeting of the British resident/1 in Paris is to be beldam Wastuday, to exproot their feeliop of rogr4 at the leash of Palma Albert, and their sympathy for the Queens la her honovemost. The paddl►wheel steam yacht Osborne, 2, Mu ter H. K. Bower, left Plymouth oci Saturday evenityy for the Mediterranean, to be in attendance on his Royal High. nem the Prince of Wa les. Sir Thomas Cochrane, Ci.C.B., is to receive the good service pension placed at the disposal of the Admiralty by the death of Admiral Sir Edward D. King, K.C.H. Captain Arthur Forbes is appointed a naval aide-dee►mp to the Queen, vice the Hon. Joseph Denman, promoted to rearadmiral. LIZI AUSIOIA. We read in tin Austriaa.lifeerke : " The foreign policy of Austria I. this moment the theme of a great many Correspondent', who write from Rome and Paris. It is asked what Austria will do in Italy, and the question is dis cussed whether Austria is disposed to make war. We can calm the fears of these gentlemen. Aus tria will not stir from her defensive posi tion ; but, on the other hand, Austria has certainly a right to put a stop to the threats which are continually uttered against her. We have a representative in Paris ; an ambassador who has access whenever he wishes to a foreign Sovereign. We believe that Prince de Metternich is instructed to explain the situation fully to the Em peror of the French, and to ask him whether it is compatible with the honour and interests of a state that a neighbour who has nothing to fear should keep continually threat ening. It is the duty of France to call upon Piedmont to renounce this conduct which involves an insult to France herself who concluded the peace." siST INTELLIGESOIR. (asonals Tasaamts.) THE MEXICAN INTER v ENTICE. NEW YORK, JAN.I6, Noianto. Advices have been received here from Havannah to the 7th inst. General Prim sailed for Vera Cruz on the 28th December, accompanied by a portion of the French contingent, consisting of the Messina, Guerriere, Ardente, and Astrie, with two thousand troops on board. The Aube, the Montezuma, the Berthollet, the I*rdiairi (0, the Chaptat, the Milan, and the Marie had since sailed for Vera Cruz, The British vassals Spiteful, Nimble, Plover, and Challenger had sailed for Cape Antonio, en nook for Vera Cruz. News from Vera Crus to the 25th Dec. announces that Sir Charles Wyke arrived at Vera Cruz on the 24th December. General Gasaett had established a custom-house at Vera Cruz, and General Greg& had established another five leagues from the city. The Mexican Monitor believes that Mexico can put into the field 150,000 men, with a of 100 pieces of artillery. It states that thhe'Me:i cana would make radstance at Tampico. General Uraga had all the passes to Vera Cruz defended by 20;000 men. The British steamer Labiran (T) sailed from Sa vannah on the 28th December for Matamoras. Juarez had issued a proclamation urging the Mexicans to forget their differences and unite for the protection of the country. RUSSIA. BP. PETERSBURG, JAL 26. The Gazette of the Senate publishes an Imperial decree, according to which all Jews having obtained a medical or other diploma from one of the Univer sities of the Empire will be eligible for employ. ment in any branch of the public service. By this decree, also, Jewish merchants are hence forth permitted to take up their residence in any part of the empire. Jews who are attached to the Ministry, in the quality of professors, inspectors of schools, or school masters, are exempted from taxation and may receive decorations. ITALY. NAPLES, JAS. 24, EMNING. The band of brigands which infested the environs of Gargano has been dispersed. Twenty-four of the brigands were killed. The municipality and National Guard of Torre del Greco have protested, in writing, against the acceptance of any succour from Francis 11., for the sufferers by the eruption, as such succour, states the protest, would come from hands dripping with the blood of Italian citizens. DIRMARK. OPENING OF THE DANISH RIOSRAAD THZ ROYAL SPEECH. COPENHAGEN, JAN. 25, EVENING. The Rigsraad wee opened today by the Presi dent of the Council, who read the King's speech. In this the King says : " When in 1858 the common constitution was withdrawn from Holstein and Lauenberg, we ex pressed a hope that the connexion with the Duchies might soon be restored. We failed, however, to effect this on account of the resistance of the Estates of Holstein and of the Federal Diet, which claimed a greater independence for the German portions of their monarchy than their special constitutions would allow. The negotiations in reference to the constitutional affairs of Holstein are being continued. The interest which foreign powers have in the maintenance of the independence of Denmark in spires the hope of a satisfactory solution of that queetiou. We are determined to give to Schleswig • free development, and especially to grant to it provincial Mentes, to be established on • popular basis. This is only carrying out the principles which we have always kept in view. We shall be able to execute our intentions in regard to Schles wig, without endangering the State, as soon as the nine of the conflict with the Federal Diet shall have ensured Schleswig against foreign intervention. But these difficulties must no longer prevent ame liorations being effected in the constitution of the monarchy and in general legislation. On these points certain proposals will be made to you ; proposals will also be more especially presented to you re specting reforms in the tariff. The credits voted this year by the Rigsraad for the current year are to be exclusively contributed by the kingdom and by Schleswig." The King says in conclusion :—" I rely upon the industry of the Rigsraad, and trust that it will support me in maintaining the empire, the honour and independence of our country, and the pro gressive welfare of the people." The Rigsraad afterwards elected M. Madwig as President. A correspondent of the Delhi Gazette thus notices the snivel at Fyrabad of the &gum of Bhopal, who has been making • tour of the native 000 Tia. " The natives, especially the llohomedons, were astonished beyond mounts to Ice her highneu driving in a phaeton beside two European gentlemen, and expressed their utte r disapprobatio* of such an unheard of thing. She is the Ant =lightened lady of India, who, Lei= an inmate of the Zama, has broken the ice of Mohamed= etiquette, sad appeared in public! We sincerely hope that other ladies as great will follow her example, and in time con tribute to the enlargement of the prisoners of the Zenana is general, who, for Agee past, have been considered in the light of slaves created only for the pleasure of the lords of the creation "We are glad to learn," says the Friend of /adds, "that Sir Herbert Edward's has needy completed Ns life of Sir Henry Lawrence. We believe it will bin elm volume. As Sir Heap was is the habit of keeping a eopy of every letter be wrote, the work of the biographer, who was in duty bound to read the whole, has been far from light. Some cartleade of Sir Heap's papers were taken out of the Lucknow Residency at the relief. We look for a delightful portrait of the greatest Anglo-Indian since Metcalfe from Sir Herbert', pen." 117 G, JANUARY 27, 1862. AMERIC4,- (Per Asia, vii Quentows4 NEW YORK, Jew. 14, Evzsixo. Mr. Cameron, Secretary for War, has resigned, and will be replaced by Mr. A. DE Staunton. Mr. Cameron has been appointed minister to Russia. Mr. Cassius K Clay, present minister to the Rus sian court, will return to America and take a com mand is the Federal army. General Burnside's expedition has sailed from Hampton Roads. An impression prevails at the South that Burnside's expedition is destined for Norfolk. A motion to take up the bill for the relief of the owners of the British ship Perthshire has been brought forward in the Senate. The New York journals express doubts concerning the safety of the British ship Rinaldo, which was bound to Halifax, but had not yet arrived there. Mr. Seward, in his report on Consular appoint ments, says :—" The government having moor tained that efforts were making to introduce arms into the Southern ports, by shipping them from England to the West Indies and the British pro vinces for re-shipment to the South, salaried Consuls were appointed at Cardiff, Bristol, St. John's, and Prince Edward's Island. Malta, from its central pad tion, military occupation, and means of telegraphic communication, has become an important consulate, the Consul at that port often forwarding valuable information. Certain Canadian ports having be come notorious as ports of arrival and departure of rebels for Europe, and the intercourse with the rebel States having been systematically carried on through Canada, paid consuls have been appointed at Quebec and Gaspe Basin, who, in addition to their regular consular duties, act as confidential agents of the government at those places." A schooner which arrived at New York from Nassau on the let instant reports that the British steamer Conqueror had struck on a rock near Ruin Cay. The captain was using every exertion to get her off. The steamer Bulldog had left Mumma to assist her. NEW YORK, JAIL 15, Moaxixo. (Per Asia, vit Qtteenstowa) In Congress during the discussion on the bill for making an appropriation, to send American goods to the English exhibition, Mr. Lovejoy made the following remarks : "I oppose this bill, as it is enough for us to have been' humbugged, dis honoured, and disgraced by England." Mr. Kellog asked if it was the action of the Bri tish or the Federal Government that caused the ding's** ? Mr. Lovejoy said, in reply, he understood how it was that disgrace was all America could bear, and continued : "We marched up to (1), sweating drops of blood, and yet we are asked to say we did it cheerfully, and that we appro priate money for commissioner, to appear at England's exhibition. Having submitted to dis grace, the least we can do is to acknowledge it, and stay at home until we can whip England. I bate the surrender, I hate the British government. I here avow and i kecord that hate, and declare it inex tinguishable. I cherish hate whilst living, and be queath it to my sons, whom I charge if there is war with England to enter the war. I trust the rebel lion will soon be suppressed, we can then avenge the insult we have received. We will then stir up Ireland ; we will appeal to the English chartists and to the French inhabitants of Canada. We will join hands with France and Russia to take Eng land's proud Eastern possessions, and we will take away the crown from the English government before we have ceased. I trust in God that time will come. I believe we should have been stronger for a war with England, for we should have felt the necessity of making short work of the rebels." The house tabled the bill by a large majority. The Austrian correspondence on the Trent affair has been published. In this correspondence Count Rechberg considers that, according to the universal notions of international law, England could not refrain from asking proper reparation for the insult offered to her flag. Count Rechberg trusts that the Federal government will take up such a posi tion as to preserve peace, and avoid the grave dis turbances which war would bring not only upon the contending parties, but on the world generally. Mr. Seward replied, that Austria would learn from the Federal correspondence with France and England on the Trent question, that the Federal government was not only incapable of seeking to disturb the peace of the world, but was just and friendly in its intercourse with all foreign nations "Faithful to its traditions and an advocate for the broadest application of the principles of maritime international law, the Federal government will re joice if the present occasion is improved to obtain a revision of certain rights of the law of nations, rendering more certain the rights and obligations of states in time of war." Mr. Seward states that the Federal government appreciates very highly the frankness and cordiality practised by Austria for the welfare of the United States. It is reported that Mr. Cameron resigned at Pre sident Lincoln's suggestion. The Senate has not yet confirmed the appoint ment of Mr. Staunton to the vacant War Secretary. ship, nor that of Mr. Cameron to the post of minister to Russia. The Senate has peeled the bill for the relief of the owners of the British ship Perthshire. It is supposed that Congress will pass a bill for the issue of 100,000,000 dole. in Treasury notes. General Garfield officially reports that lie has routed the Confederates under Humphrey Mar shall, in Kentucky, and occupied Prestonsburg. The Arabia was intercepted off Cape Race on the night of the 14th inst. The British steam-sloop Medea has arrived at New York. OPENING OF THE FRENCH LEGISLATURE.-(THIS DAY.) rummy TO T =TOOL PROMO/ 11170111 WITITETDAT. N. Ilettaln-B.W. to N., and 8. to N.W., fresh to strongonui hack, moderate to siren. to • ple, will ndo. with rain. Ireland—W. to N., and back Similar. to 8., moderate to strong. Central—Similar, and to B.N. B.E. to R.W. and NW., 4, 04, a gala in places. Coup—S.W. to N.W.. and 8.3. g. to V/, and mad. back to 8.8. W., moderate. rate to strong 8. England—S.W. to N., and Similar, with ralo, and to a back to 8.5., moderate to pie in places. strong, tine. fP I 4NAT m f• t.-13strasseter earreeted sad rodsirTiel . to 32 dog. at reran era level: amok 10 feet, of vertical rise, causing about ooe.hundredth or ma to dliaisatlos : sod each 10 dog., above 32 deg., maim nearly three-huadredthe increase. R.—Exposed thermometer la slide. IL— h bulb (for evaporation end dew rePrD.-IHreotbra of wind (true—two points WC of mai. let. If.—Pose (1 to 111--estimated(. C.—Cloud (1 to 9). I.— Walls b, blue sky :o, clouds (detached): 1, fog b, had 'lightning: ur, misty : o, overawe (dullll r, rola ; gamy: t, amt% 9.-134* , 09b0a00 to 9 ). ralafall or snow ids , or hall, grace last report, la Inches sad deedessla is.. Cerra. Mr. William Murray has been appointed a amber a/ the ateautire council of the bland of Buhadoes, and Yr. Howard Lloyd a member of the council of the Island of Dominica. According to present arrangements, the business at the Royal Military Academy at Woolwich will be ra mused as the 11th proximo, under the new regulations. It is officially announced that the Volunteer Beards are about to increase their strength by the formation of two additional companies, of a standard height of Erft. 10in. We may mention that next Saturday will be the lest day= which the ivory pause will admit visitoes to the Exhibition Building at Kensington. Mrs. Slidell, aooompauied by her daughters, left Loudon on Saturday morning by the South Eastern Roil• way tidal train for Foliceetoue, ess route to Paris, there to await the arrival of her husband. A second batch of shipwrights has sailed from Cork for the United States, where, from the number of twin being built for the navy, they hope to obtaiu very twomnerative employment. On Wedneeciailast died at Southend, Croydon, Surrey, where be had Nodded upwards of sixty year., Mr. Henry Edwards, at the advanced age of 101, Luring widow, to whom he bad been united 62 years. The de emed retained all his faculties to the last, and me the Monday prior to his death read, as was usual with him, without the aid of spectacles. On Saturday evening, Mr. Dickens read, to an audience comp/041y filling the Free.trade Hall, Manchester, so much from his " Nicholas Nickleby" as pve a connected sketch of Michela, and his doings " at Mr. Eigowire school ;" and also the celebrated trial, Barden v. Pickwick," from the " Pickwick Papers." At a dinner given in Liverpool on Saturday to Sir Charles Bright, of the Magnetic Telegraph Company,Sir Charles, in his speech, made stew very iuterestieg statement, referring to the pregrees of telegraphy in this country. Tee years ago, he says, the company's staff did not cooed a some of people ; now it amounted to about 1,300. At that time there was only one telegraph in the country, now the mileage was computed at 13,000. The total amount receiving for telegraphic messages in this eogntrY in a year amounted to the enormous sum of 1 350,0001. This startling information will set at rest the Toed= dim asked by the uninitiated as to the payable nature of telegraphic liner. The government line between Malta and Alexandria, Sir Charles says, produces a revenue of 600 f. a week. Mr. George Melly, of Liverpool, has issued an addrem to the eleetars of Preston, In which he solicits their suffrage' is the vacancy which will occur in the borough on a dissolution of parliament. Sir Hesketh Fleetwood and Mr. Melly wOl contest the borough in the liberal interest. _ _ It has been decided that the railway from Mar seilles to Cette shall be laid down along the coed of the The Calcutta Christian Intelligencer states that the spot chosen for Lady Canning's grave is the private garden at Barrackpore was 'elected with a view to its being included in a cemetery which the bishop will consecrate on his return. A monument, it is said, will be erected before Lord Csnnieg's departure on let March next. A 'letter front Athens says :—" The funeral of the Metropolitan Archbishop Metaxsa, who recently died at the age of 104, after holding the see since 1103, gave rise to an incident which produced a strong impression on the people. The service was being celebrated in the cathedral with all the pomp of the Greek ceremonial, in presence of the ministers, magistrates, functionaries of all ranks, and a numerous clergy, when suddenly the door of the ,church opened, and the King, who was not ex. peeled, entered, and advancing to the deceased, kissed his hand, thus giving an example of the custom followed in such cases. This homage, rendered spontaneously to the first dignitary of the Greek clergy, caused a transport of enthusiasm among the persons present, and the cathedral rang with aeclansations, with which his Majesty appeared to be deeply moved." The many friends of the late Baron Bunsen, who was to deservedly esteemed when filling the post of Prus sian Minister in this country, will be glad to learn (says the Times) that his widow, Baroness Bunsen, has returned to England with her family, and is passing the winter at St. Leonard's. "The King of Italy," a Turin letter says, "has made ► double present to Prince Oscar of Sweden : a neck lace of coral, bearing on the owe the following inscription : ' National Genoese Manufacture,' destined for the Princess of Sweden ; and a magnificent table inlaid with marble and precious stono, with the inscription, ' National Tuscan Manufacture,' for the Prince himself." Prince Oscar has left Turin sooner than woe expected, in consequence of hie receiving intelligence of the indisposition of his wife at Nice. He embarked for that place at Genoa on board the steamer the Duos di Genova. Several marriages in high life are spoken of at Paris. Le Duo de Coupol with iddlle. du Raney, Is Duc de Biaania with the Princess de Ligue, and M. de Ninolay with 11dlle. de BonnevaL That of the Count Beeponi with the Prince= Ohika bas taken place. _ . THI HOMES OF LORDS AND Commozok—During the mew all the members' benches of both the Houses of Lords and Commons have been recovered—the former with red sod the latter with peen moroixo leather. The Kamptulicon carpet, that for the last eight years has been down in the corridors, committee moms, library sod elsewhere, has been taken up and • chocolate nod patterned oil cloth, corresponding with the encaustic pavements, placed in its stead. A WOMAN BURNT TO DEATII.—The wife of Mr. Robert Barnard, a respectable butcher of Walton, in Nor folk, was on Tuesday last burnt to death. About 4 o'clock in the afternoon, when she was quite alone in the house, her clothes caught fire. She could not extinguish the Rams*, and ran to • neighbouring cottage for assistance, but found no one at home. She then appears to have returned to her own house to get a crook of water which stood in a back room. She then fell and expired before soy assistance could be given. When discovered her charred and muti lated remains presented • most fearful spectacle. An in quest was held, before Mr. W. Massey, deputy coroner, upon the body of the deceased, when a verdict in accord ance with the painful nature of the case was recorded. DISTRESSING SHIPWRECK IN CARDIGAN BAY. CARDIGAN, SUNDAY NlGHT.—Yeetercley evening • moat distreseing shipwreck took place in Cardigan Bay. About noon • brig was seen near the island with signals of distress flying. As soon as possible the lifeboat of the National Lifeboat Institution, manned by twelve men, proceeded off to her assistance. In the meantime, however, seven out of eight of the crew of the vessel had taken to their own boat, which immediately capaised and drowned the whole of them. It fortunately happened that the poor man who had been left en board had missed the ship's boat when she left the vessels lie was afterwards put on shore by the Cardigan lifeboat. The brig, which was dismantled and waterloggedd, was the Pioneer, of Carnal-coo, laden with • cargo of wheat from Galats. The Aberystwyth new lifeboat, also belonging to the National Lifeboat leetitution, bad put off to the wreck, but was unable, in the fury of the hurricane, to fetch it. SPEECH OF THE EMPEROR. (BT BMW= AND BRITISH PARIS, MONDAY. The Emperor opened the session of the Legisla ture at the Palace of the Louvre this day. The Imperial speech contained the following passages : "Messieurs Ekinateurs, Messieurs D6put4s,—The year which has just passed has witnessed, despite certain anxieties, the consolidation of peace. All the rumours designedly propagated upon imaginary pretensions, have fallen of them Ives before the simple reality of facts. " My relations with foreign powers give cue the most entire satisfaction, and the visit of several sovereigns has further contributed to strengthen our ties of friendship. The King of Prussia, by coming to France, has been enabled to judge for himself of our desire to unite still further with the government and the people who march towards progress with sure and calm step. " I have recognised the kingdom of Italy from sympathetic and disinterested motives—to recon cile two causes, the antagonism of which is dis turbing everywhere men's minds and consciences. " The civil war which is desolating America has come to compromise seriously our commercial in terests. Still, as long as the rights of neutrals shall be respected, we should confine ourselves to offering up wishes that these dissensions may soon come to an end." EXPRESS PROM PARIS. (nom °us ow PARIS, SUNDAY EVIAIIIO. The Pays contains an article (signed Grand gnillot) of extreme virulence against the Ricasoli cabinet. Whether this is merely a Parthian arrow of the writer, who, it has been said, is about to leave the Pays, or whether it expresses the views of the government, we shall, perhaps, be able to judge after the Emperor's speech to-morrow. If K Grandguillot is now of any authority, K Rica soli must be in a very bad way indeed. The Pays speaks of the news from Italy received "at the moment of going to press" as extremely bad. The bad news is that all the bureaux of the Turin parliament having instructed their reporters to make considerable changes in the administrative laws presented by K Ricasoli, he has resigned himself to acquiesce in the amendments. The Pays thinks it lamentable that a government, for the sake of prolonging its existence for a few days—ob serve that IL Grandguillot affects to know that the Italian ministry is doomed—should be reduced to submit to such conditions, and thus to show itself unworthy of the name of a government. It pro ceeds to allude to the Emperor of Austria's recent inspection of troops in Venetia, and the threats of war in the spring, supposed to have been uttered by him on that occasion, and then asks whether K Ricasoli is prepared to meet such an eventuality? "No, a thousand times no," says the Pays, an swering its own question with emphasis, and M. Ricasoli knows that "the weakness of his cabinet is the sole strength of Austria." The writer then taunts Ricasoli with his English sympathies, alleging that Italy now inquires whether he has "always looked for alliances in the best quarter, and whether, in the pursuit of friendships as recent as barren, he has not neglected more than he ought to have done old and fruitful affections." If Austria were to invade Italy at this moment the latter could not, as AL Grand guillot thinks it right to remind. her, make any serious resistance, except at Alexandria, and would be forced at once to give up Lombardy and Lomellina. He concludes with the aphoristic sentence, " It is the peculiar talent of the Ric:moll cabinet not to do anything in time—not even to reeiffm" I have heard nothing to-day, either in con firmation or contradiction, of the rumour that the departure of the Mexican expedition was suspended. The Patric, whose business as an imperial journal Is to show that universal suffrage is always desirous, prompt, and eager to march in the furrow traced by bayonets, says that deputations of notable inhabi tants from districts bearing the following not (for the most part) familiar names, viz Mexico, Queretaro, Xalisco, Zacatecas, Sonora, Durango, Tamaulipas, San-Luis-Potosi, Chiapa, Tabasoo, Oaxaca, Thiscala, Mechoacan, Cohanila and Guanaxato, went to Vera Cruz at the end of December to beg the representatives of the three intervening powers to establish aliberal monarchical government in Mexico. It adds that fifteen out of the twenty Mexican provinces have pronounced for a monarchical !government. Whatever may happen, I think it not doubtful that the project of giving Mexico to the Archduke Maximilian as the price of Venice has been upon the lapis. Turin letters speak of a council of war at which the Emperor Francis Joseph stated that there was no alternative between war and the (m -aim' of Venetia. According to the Vaferland, he exclaimed, while the matter was under discussion, "I would rather die than submit to the shame of selling Venice." The "Mont de Pi6t4" (pawnbroking establish ment) has lately opened a new office iu the Fau bourg St. Antoine for the reception of bulky articles, such as pianofortes, tables, and other furniture. The reason for this measure is that many skilled workmen, who make such things on their own ac count, are in great distress for want of a ready ; sale, and are preyed upon by a special species of usurers who take advantage of their necessities. The Emperor has granted a free pardon to M. Fabian, the editor of the Obeereateur Curse, and a member of the Corsican bar, whose sentence to im prisonment for a libel on the Procureur Imperial created quite a commotion in the island. The law officer came to Paris to justify his prosecution, but the Emperor seems to have shared the general opinion, that it was frivolous and vexatious. It may be remembered that the alleged libel consisted in a simple statement that people were surprised at the absence of the Procureur Imperial from the rejoicings on the Emperor's fête day, more par ticularly as he was seen walking about elsewhere while they were going on. The Corsican court held that, before promulgating such a serious alle gation, it was the duty of the newspaper to have made inquiries, and that inquiry would have shown the Procureur left the procession on account of indisposition. Prince Ghika, formerly Hospodar of Moldavia, died at Naploe on the 14th ; there is now, there fare, • pretender the less to the throne of Prince Cousa. WZATHER RIPORT.-(THIS DAY.) *Mat JAIMAILT V, II LL 11:LZTIrr----. . 0. 4. w -- Wu = 29. a 44 41 &W. o ----. Lallialmi a 41 S. - r 1.. LIM am a a W. • Bamnoz W. 39 37 IL • - al OM a 44 &W. - 10/ 0.19 1011118111 N a 79 a 41 W. 4 UMW. Ka 41 39 B.W. 4 - aarrAT - - 119.06 a a B. r - Soautowass am a IT &W. • - L 211412101. -- KW 43 /69 ILL • ValAillak 3847 81 40 8.8. W. - Tar 1.10 Init 39.74 40 49 8. W. r - rAraligal coma - Lwow 18.1$ 44 38 8. 7/ 0.12 Dome Ka 43 61 B.W. 4 r - roaraiouni -Ka a 42 8. • - rarnrio a. a a R.E. • • - Mamma 70.07 47 49 8.& 4 g .... Paraulal - COMMERCIAL INTELLIGENCE. NEW YORK, JAL 14, Emma. Money easy. Excbange brill but inactive, at 1141. Gold at 3 per omit prem. Stocks steady : New York Centrals, 824 ; Erie, 344 ; Illinois Cen tral, 83. Cotton tending downwards : Middling Upland, 33a. Flour quiet. Wheat flat. Corn well inquired for. Provisions quiet Coffee steady. Sugar flat. QUEENTSrOWN. JAN. 2G. The Royal Mail steamship Asia, from New York on the 15th inst., arrived here at 12.20 p.m. to-day, with 46 passengers and 203903 do's. in specie. She landed two passengers and 66 sacks of mails, and proceeded at 12.45 p.m. All well. Large exports of arms continue to take place from the Genova and Belgian port. for America. The Melita has just sailed from Antwerp for New York with 18,000 stand of arms—old flint looks ooaverted into porous- Asa muskets at Liega, at a oost of 3,0001. Their value is estimated at 20,0001, The Sumter, fortunately for this mewl, is out of the way, waking in the Meditarraneau. The Legitimist party has in its journals found fault with the Empress Eugenie for having given a ball on the eve of the day kept solemnly by them on which the un fortunate Lottis XVI. was guillotined. It appears, how ever, that music ceased precisely at 12 o'clock, and that her Majesty "was particularly desirous of conciliating the good opinion of those who felt that the day should be marked as one of evil sugary."