The Express. — London, England, 1858-06-12 00:00:00

graL a, AND PIANOPORTIAL-CRAJCP.R, BIM LI I OD. lan • tam •••1.... •• .i et •••••••• P•••• •• Il• Mr •11••••• mins. .1 was arimel pri•••-31. gbe expreoo, TO 001.11OPOODUITO. lawnfa "MIA rapes.. Imam FerU a s" JUN 14341611.81".1/e•MontiOal Tains* ea Obi top at MAY Mr IR. IMI rig.-A3 16.16 Ni Skar g AlT l P=l.l ll a n pools : I. 100 k.... Woe WlWit.-4.lmourio et 1. raureirent. TEN Fume. WSW Mai CBltti< 71111 111111011•11 W or VILIIIOI It. asd Mn. C. Itsus.—orm BURIRST. Ilmrokllllll sans Sm.. P. WOW. &ay. 11.41114; Mede. WNW, Mk* Aides. M [soh, a li tM s i MINCH LADY's Nr. *Oor; MANN 011esis.—Ommea t. HIGH WATIS AT LONDON ORM& Mr—lientrc. -Neamov—Useelos. 111.1 ea Jirirrasa, a. La LONDON. SATURDAY. JUNG U. SPORTII 4 IO INTELLIGENCE. A SPECIAL EDITION of the " EXPRESS,* containing the results of the day's Rama is pub lished every evening daring the Sporting &noon, at sir o'clock. Tge announcement made last night by Lord Matmerrevee is the Roues of Lords that the Go vernment of Naples has OE length yielded to oar just demands respecting the crew of the Cagliari. veal be received by all classes of the community throuaitiout the kingdom with feelings of satisfac tion. Not may has the ship %self been given up, bat ear two long-suffering and much injured fellow-countrymen ere to have a specified amount of pieuniary compensation awarded them. We waintot serer thinkthat the amount which the King et the Tern Stctues has -consented to pay Messrs. parr and Pane deserves to be acknowledged as • either generous or adequate, but seeing we are not as yet informed whether 3,0001, wee the sum asked for 'on their behalf by our Foreign-Office, we are hardly in as condition to judge absolutely of the spirit in which this part of the act of atonement has been per t Mooed. If it should tura oat that Lord MALAIESECRY and Ms colleagues appraised the lose of health by • ens Brit:sh subject and the loss of reason by another, consequence of nine months' false imprisonment endured by both, at no more than fifteen hundred pounds 'o each---then we are bound to own that the Italian despot has dope as much as could be expected of him; and our regrets must be devoted to the absence of more genuine and exigent sympathy for these injured men, on the part of our own lordly rulers. Can anybody give us a conjectural estimate of how much would probably have been demanded by Lord MALIABBEURT for two Englishmen of the privileged order, had it been their unhappy lot to fall among Neapolitan thieves? Still we may confess freely that we are, as we ought to be, glad that a mulct has thus been levied, in the face of Christendom, on the insolent and obstinate wrong-doer. It is a valuable precedent set, or rather added to those which in firm and timid diplomacy was tending to weaken sad rat aside; and the righteous principle being , thus reasserted, the practice may be gradually im proved and extended as cases of a similar nature arise, until at last we may hope to see a wholesome fear of punishment infused into the militia of the most incorrigible of arbitrary Powers. The surrender of the Cagliari herself is likewise a notable humiliation inflicted on the Neapolitan Government. They try, indeed, to mitigate the bitter ness of their mortification, by offering to deliver her up to England instead of Sardinia—ia stupid and clumsy attempt at evasion, betraying only the utter want of dignity and the pitiable reluctance to acknowledge the superiority of Piedmont as the rising power in Italy. Oa what nominal plea the captured vessel can in point of form be tendered tie a British naval commander it is mot very easy mar the circumstances to see. All the world bum, however, that it can only be is our capacity of Mat that we could consent to recognise such a proffer; and clearly it would be impossible for us to do so in any shape or way unless the Sardinian Govern ment were acquiescent therein. Whether they will be so, indeed, may be a serious question. Nothing was said by Lard MALMESEVRT last night of compensation to the innocent crew of the Cagliari, on whose behalf demands similar to our own for Warr PAIS have been made by the Cabinet at 1 aria. Is it intended by the Court of Naples to persist in the refosal of these compensatory claims? And is it part of the shuffling and jealous policy of Naples to avoid the appearance of any concession to Sardinia, at the very moment when reparation is yielded to the subjects of Great Britain ? If such should prove to be the case, it will be the manifest duty of our Government steadily to abstain from affording any countenance whatever to the invidious and injurious distinction. Together the subjects of the two countries have been injured; together reparation has been demanded on their behalf ; it is, we are told, about to be conceded to the menace of the moo powerful country, while it is inconsistently and un justly refused to the remonersnees of the weaker. Shall the stronger pocket its damages, chuckle in its superior strength, throw over its ally, and go on its wa y rejeicing ? Honour, justice, and policy alike forbid it in this, as they would io any cue; bat is this, unlike other cams, there is an additional sad peculiar ingredient that ought to weigh conclestvely with English statesmen, and which will assuredly we'gh for all it is worth with the English people. Austria has been the mediator in this business. Austria would do !myth ing just now to humour, flatter or please our Court and Conservative Governments and Austria, as all men are aware, would do, procure' advise, and counsel anything on earth which would have the effect of humiliating and insulting Pied mont. Has the Cabinet of Vienna, then, devised Ude scheme of Neapolitan concession to England, sad Neapolitan refusal of the claims of Sardinia, for her own twofold purpose--first, to propitiate the ruling influences in this country? and next, to compel Pied mont to submit to gross and acknowledged injury unavenged, or else to engage in a war the conso (limners of which no man can foresee ? If such really be the design of our " apostolic and august e ally," there is too much reason to fear that countenance and sanction may be lent to it in quarters where it ought to be repudiated and spurned. Lords PALMERSTON and CLARENDON have become so thoroughly identified in men's minds with the system of foreign policy of which the Austrian alliance is the keystone, that no one h opes to hear from them any grave rebuke or generous reproach should their summon in administration desert the Sardinian cause : and their own deplorable Itches during the six shameful months of WATT'S W Patten imprisonment without trial, would in itself ma t e them with ridicule did they now offset to take the app....lite tone for the first time. Rat the public opinion it this country which rose up in judilm'flt against one Admina::: °; ° ll b ee.'" its foreign potiey was base and subservient to FiNieet ENllllMise THE EXPRESS, SATURDA' will infallibly and inexorably eondemu and ',ankh the foreign policy of another Adininiatnlika; should it incur a like reproach egatfiing Amtria. The national feeling of En€,Wid ti" eeithe( Wklg nor Tory ; and whoever cry by ipAtilee, or wkggirer may be in opposition, OIL °pintas iIL male f Teel( felt, and will enforce obedience to its mandates with more and more precision every day. Secret ander ' standings and confidential compacts between lordly linden on opposite sides of the House will no more emceed in binding or in blinding an awakeni , :ig people. Courtiers and cabinctmongers may seek their diplomatic accomplices and confidant" where they will; but the nation has its allies—the free allies of its free choice—and it will neither abandon nor betray them. finaannotrinits in the London General Omnibus Company will lea= with satisfaction that arrange ments are at length in progress for registering the Company with limited liability, under the English law. The matter has been urged upon the attention of the Genstar and Council from many quarters, and the alleged willingness of these gentlemen to give way forms a tangible and valuable result of the recent agitation. It is a pity that the point was not conceded in the last report of the 04rovits, whose offerutiroly vague remark that " a day will doubtless come when that question will be submitted to you at an extra " ordinary general meeting" occasioned much diarist amongst the shareholders, What the latter will vow look for is the prompt carry big out of the reso lution, whirl may be ooseidered to have bee* vir tual', mod. It is anderatood that the GOrants and Oseseall themselves admit the propriety of the step; surely, therefore, the r plaite forms will be gone through as quickly as possible. It is really aboard that this Company, whose operations are solely congaed to London, and whose shares are moat extensively held in Lagland, should have its seat of management in Paris. Let it not be objected that the French share holders will oppose the alteration in the constitution of the undertaking. A recollection of the circum stances connected with the previous meetings of the shareholders in Paris is sufficient to proms that a motion to this effect will pass almost without pies. tion, provided the Council will introduce and support it, as we consider they are bound to do, in justice to the English proprie tors. The very last meeting of the Company, held in Paris, was necessarily adjourned for some weeks, owing to the circumstance that the number of shares • deposited, in signification of the attendance of their owners, was inadequate to render the meeting legal. It is one of the most objectionable provisions of the I French law that the decisions of the second or ad ' journed meeting are legally binding on the Com ' pany, however small may be the attendance. The • formality of being required to deposit shares, in order to secure a right of admission I to the meeting, seems ingeniously devised I with a view to throw obstacles in the way of the 1. shareholders. The whole arrangement—in which, be it marked, the French law, and not the London General Omnibus Company, is in fault—tends to place the management of a Company solely in the hands of the °framer and Council, who, at a snug little parlour meeting, may regulate all their little affairs in the most comfortable way possible. What valid reason could there be for preferring this system to that presented in the new English law, conferring limited liability? The French shareholders themselves ought to be eager to have the alteration carried out, having regard to the real control which the general meetings in London will then possess over the ma nagement of the Company. If the English shareholders are wise, however, they will regard this promised concession ma merely a stepping-state to investigation and reform. There rarely has been a case in which united action on the part of the proprietors was more nsesessry. The fall of the shares to something like 40 per cent. discount in the mar ket is surely sufficient proof that the under taking has involved itself in public suspicion and discredit, despite the promising statements put for. ward and the high rate of dividend declared. It is true that the last half-year's dividend was at the reduced rate of 6 per cent. per annum, but the dis tribution for the whole year 1857 was 8 per cent. !Supposing this rate of profit to have been fairly earned, the depreciation of the shares becomes only the more remarkable, and the propriety of a public investiga tion the more evident. But the fact is that every body is incredulous of the bona fides of the dividend.. The Company's accounts must be framed upon a dif ferent principle, and avast dealof improvement must be introduced in the shape of independent vouchers and independent audit before the undertaking will assume a good position in the estimation of the public. We warn the shareholders that, when a Company once sinks into discredit, its restoration becomes a work of greater difficulty every day that it is delayed. Let them take vigorous measures to remove the canker that is eat ing iota their property. The modus operondi is dear, and has often been pursued before in similar same. It will be easy to organise a nucleus of agitation, to invite a general meeting of the share holders, and to being a powerful and legitimate influence to bear upon the (Urania and Council. It does not follow that any Committee which may be formed must necessarily be hostile to the present administrators of the Com pany. We have no great idea of the utility of com mittees of " Consultation ;” but in the present instance all the parties interested should work in harmony, provided this desideratum can be at tained without defeating what ought to be the principal aim of the movement, investigation. The alteration in the Company's constitution once effected, the next important step will be the appoint. moot of a board of English directors, comprising names of position and influence. Unless this reasonable and practical course be adopted, we can see nothing but discredit in store lbr the Company. People will not lend • helping hand to, or have anything to do with, an under taking which is notoriously tainted. The embarrass ments of the Company become the more a matter of public concern because they must necessarily involve, at least for a time, the extinction of the hopes of ext..asive improvements in Metropo litan Omnibus accon:modation. We are convinced that any usociation of this kind, if economically established and well admieistered, ought to realise a handsome profit. The mi.‘ortune of the London General Omnibus Company consists in the gross ex travagance which has character:led its proceedings from the time it was founded up to the present time. Still the airmail earnings are so large, exceeding, in the gross, the entire expended capital of the Com pany, that a much more promising future may yet be is store for the shareholders. To bring about a ch►nge, however, it is absolutely essential that they put their shoulders vigorously to the wheel. The!' policy should be—immediate, independent, and nom- I bined action. - • - Mr. Thomas Alexander, C. 8., inspector-general of hospitals, bee been appointed direnor-general at the Army Modkal Download, rice Vr. Andrew Bmitb, resigned. • 11 . 141 1:D OCCOPAT N V IMIGHtoi THE EMY, DEATH OF Gy.NF.RAL PF,NNY. The following Telegram from Acting Consul- General Green wee received vi& Malta, at the Foreign-offioe, on June 11th, at 'd.46 p.m.: ALEXANDRIA, Jvil 8. The steamer Bombay, with Bombay dates to 19th May, arrived at Suer on the 6th inst. Beretlly was occupied by the Norkee (forces ?), under the Commander-in-Chief, on the 7th May. Very Mks resistance was offered ; the garrison having dispersed on our approach. Daring the advance on Bareilly, General • (Penny] was killed. A detachment of 800 of her Majesty's 2nd Itegi- went left to garrison Bhabjehanpor was surrounded ►y 8.000 of the enemy with 18 guns, but no fear was entertained of their safety, as General Jones had left Hareilly on the Bth May, and would be able to relieve them oa the 11th. Rohilcund is now entirely in our hands ; an amnesty has bees published, and tranquillity is being teetered. Oude is also becoming quiet, and the landholders are tendering their submission. Sir Hope Grant, with a strong fora, guards the road between Cawnpore and Lncknow. Sir Hugh Rose advanced on Homes on the 7th May, and com pletely defeated the enemy, killing 700 and cap turing seven guns. He was within 14 miles of Calpee on the 14th May, and it was expected that Calpee would be attacked on the 16th. A village in Central India was stormed after an obstinate resistance, by a detachment from General Rose's force, ander Colonel Gall, on the Ist May, the whole adult male inhabitants being put to the sword. /Ewer Sing has died of his wounds. Sir E. Loped crossed :the Ganges on 2nd May, relieved Arrah, and was to attack Jugdespoor on the 1 11th. General Whitlock continued at Banda on Bth May, awaiting the infantry of his force, which he had oat marched ; on their arrival he was to leave for Calpee. The disarming proceeds quietly in Western India. Berardin is in a disturbed state. This intelligence goes forward to Malta by the Cambria, with the Australian mails, which reached Sues, in the Victoria, on the 6th instant. Greek telegram arrived from Alexandria by the Cambria. LYONS. M • Repetition of thi. portion of derpoteh mended from alta. On swimAzima raummArz.) (FROM OUR OWN CORRESPONDENT.) MALTA, Jima 11. The Bombay steamer arrived at Sues on the 6th, with advice. from Bombay of May 11. The Australian mail leaves to-day. Her dates are : Sydney, April 11; Melbourne, April 16 ; Sound, April 22. She has on board 123 passengers, and gold dust valued at 114,0001. At Bombay the Monsoon was expected early. Trade wee dull, and the money market easier. Freights were lower. Unit Lyons and his squadron aro lying off Malta. (Pran tie flirt' despatch.) _ . The latest dates from Bareilly are to May 8. Brigadier Jones entered the town on the Bth. The Commander-in-Chief occupied the cantonments the same day, having defeated the rebels at the Nuttema-bridge on the 6th. On the 7th the whole of the oily was in our hands. Oa the Bth Jones' column was despatched to expel rebels from Shahjehanpore. The enemy had re-occupied the town after the Chief's departure, forcing the garrison, which con sisted of six companies of the 82ad, to take to the gaol. Kban Bahadoor and the Nana had escaped. Femora Shah was said to have fallen. Our loas was very easell. The reported loath of Nuns' Peony is confirmed. His column joined the Commander-in-Chief during his advance upon Bagellly. The general himself fell on the 4th of May by grapeshot from guns on the road. The guns were taken by a charge of Carubineers. MALTA, JUNI 11. The Colombo arrived from Alexandria, and left for Southampton at 8 o'clock, and at the same time the Panther, for Marseilles, with the Calcutta mail to the 14th of May. All the specie but forty-three boxes had been saved from the wreck of the Ana at Ceylon. James Swan and Co. have failed there. Their liabilities are 86,0001., assets 22,0001. The prospects of the coffee crop are goud. THE CALCUTTA MAIL. We have received letters and papers from Cal cutta, dated May 3; Madras, May 10; Hong Kong, April 23. The intelligence in these advioes, relating to movements connected with the ression of the mutiny, has been anticipated. T hief topics dis cared in the journals are the alleged sympathy of the rural classes with the rebels, the effects of the hot weather upon the campaign, and the reasons for a continued supply of troops from home. The Overland PAcelsir observes that in nothing is the differenos of feeling towards the rebels and the troops on the part of the people more app aren t, than in the ease with which the former cross and re-crois the great rivers. If • European force is to be ferried or otharwiss taken from ine bank to the Aar, it is generally bend that the Wages Of irate, if tiers war, any, have boo Issellyel. sal Met of thsboats MA*. b ordhsuy antes. worm .at the Iberia', lbw Or assesee Se II WM Ile rob* ft is diligent. irb• enlistment\ IWO* WI, mash heels tee ass sp ao ruld the rebel flossimessi ewe with a liespeldt =ows wit efts ithep *Dm Lob tagesig an d, twagielabseplelelbspemetssed boosensesst heiltliesegh akeds of vlllmissbet Wye. mosemelksed Mawr Ohio the division bes prod en. T red* Ise a dello el 111101•11 mere to M gssrlsselleressli Matelot seern ; bet es be rash th is ree an seffillsel troops, St eropohp Fs* he hot th osad rimed rebels sail Asir sysspeihtswe might time &ere Y ea so for YAM On the wholsole pawl sol eppereetly well-fonadsil Isspraosioa Ire fillet sory pissetise dr elfurts of the bons symemsee te owl wit willelseel Sleep le els over try will be owl= end Isepsfilis. Arno Isseft sot pew shier nllllllllOlll6 belles. eel the 'Won Ihelbsits. hop bed less to wed Ids abide wadi new We sop teedeslel lad the widths Use orosplty sapprosed. The =Me wee :—* It IA not know% here whether Lad Canning will, or will not, consent to remain de Ooveertor-Gentwal. It is, however, the en ; widt of eU is this4l466 , y sing him ionb ak, „girt, or etherwiee promo high osoo. S ir Lawmen, my be violated hie eucemeor. .7: 42 A leasiraismr lei sa la this count 7 ' the navies, d the em pire.r "me climate," eaym the Celeutto ' k VF/fING, JUNE shoe *tin to tell upon the soldier and ...Antes . ' tzrvaiie to a laige extent. The Coneitander-in.Chiet seat/ in for every medical offioer available at the Presidency, there are few to spare, sad they ,have leen forwar4M with all practicable speed. These is no &mkt tiCt, comparatively speaking, no bras* of the public service has met with so large a nulleber of casualties as the medical, and it will be abeoltitdly necessary that a sufficient number of medical men should be sent out to India without delay, not only to replace casualties, but also to provide for the fu tare wants of the army." Sir James Outram has taken his seat in council in the mom of General Low. " Sir James," says the Hurkaru, "is exceedingly popular just now. CALCUTTA, IKAT 8. EXPOILTII.—Our market hes been ream ws;nt sines oar tisesowing to the scanty sentles et the grieelvel articles of Bina the ordeal. of ths sistrart, seemly any treesection of eonasquenoe has been resorted, hoiden of pro &meowing to light stock', still whoa wrest imams in , their demand. _ _ ImeOara.:-gins the date of oar last report • very limited baldness has been done to twist and piece goods; the late large arrivals, of which a great portion bad teen sold to arrive, having supplied the market for immediate require mut. Boyers bare shown no great desire to sdd to the heavy stooks speedy in their hands, which they llnd great difficulty in deepatehing to the upper provincas—sUarnirs being scarcely available, boat transports being both hazar dous end tedious, and land conveyanoes being eotirely taken op by government; in addition to these difficulties, the reports of further supplies on the way from home have made buyers leis diapered to operate, sad we must look far a further decline in prices. The metal market continues dull for all deecriptions, end prices have • downward tendency. The money market coatinues the same as before, easy and without any great demand. No alteration in the bank rates. CHINA. The Overland Fiend of China, April 23, reports some interesting intelligence from Shanghai : The fall of Canton (it says) prodnoed but ludo perceptible change In the attitude and bearing of the Chinese imperial government. A despatch from Peking was received at Shanghai directing the four foreign plesipotentieries to re tain to Canton to meet the new imperial commissioner, the recently appointed Viceroy of the ewe ii.weng provinces. Thereupon Lord Elgin immediately determined on advancing in the direction of Peking and embarked in H.M. steam-ship Furious at daylight on Saturday, the 10th inst. The more -1 meat was somewhat delayed by the non-arrival of the Bri tish admiral and the gunboats. An English steamer was stationed at the Ragged Islands near the month of the Yang-tee-kaang, to await Sir Michael Seymones and to notify to him the sudden change in Lad yin's movements. As the Lady Mary Wood was oozing down the Yang-tie-bang, the Coromandel was met with the ad mtral'e despatches for the mail, and the informatics was obtained that his excellency had left the Ruggede, and was on his way to join the plenipotentiary. Lord Elgin's emphatic declaration, in imply to the address of the Shanghai mercantile community leaves no doubt that be is prepared to follow up hie determination of peoeseding to the " Peiho " and theme to Peking, unless, in the mean while a duly icesdited Commissioner from the China Em peror is delegated to meet the foreign ministers, and to make those concerto= sad affeed those guarantees which may warrant the expectation that the international relations be tween China and the countries of Western Christendom may be asisfactorily acjusted, and grounds of present and future disputes be permanently removed. There are not, we are assured, the slightest indicationi of the troubles at Canton interfering in any way to alter the pacific intercourse of foreigners with Chinese Mandarins and people in the four northern ports, where the confidence end sense of security are In no way startled. The Earl of Elgin wee receded • day by the Russian steamer America with the Count Pt:tinting, and suits; and followed on the I Ith by the United States ship Mississippi with Mr. Reed, and on the 14th by his Imperial Melg:: stems Audaosuse with the Baron (hoe. Aoccenpea the Furious are the Piqua, Nimrod, Blaney, laver, sad or normal. With the Andaman are the Primatiget, and Phlageton ; and ea the Ira et the see the Antelope and Minnesota, altogether a squadron of Sheen verse. AUSTRALIA. A MONTH LATER. We have reoeived a oopy of the Melbourne Argus ot April 16, being a month later than the dates previouely to hid. Much activity prevailed in the gold market, the demand for shipment being considerable. It is stated : The boobs bays boa boylog at prioet calculated on the basis of 31„ 13s. 3d. per ounce for standard, which hinge the cost delivered in 'inland to from 81. 17s. 51d. to 81. 17s. 814., Recording to the routs by which it is con- Toyed, sad taking into semont the chances of saving of Int Nest by the shorter one. The Norfolk sailed on the Ist instant with 82,670 ounces and the Royal Charter on the 11th instant, with 93,232 minuet. These are the largest ahipatents that hare bees made "Ince that by the Suffolk, in October kit, of 112,446 ounoss. The escort returns have folly maintaine 1 the increars which followed the termination of the long period of drought which prevailed during the summer. The quota titles from all the districts will bear comprise' with those of last year. The total of last weeks Mania is above the avenge of the past three months, although Mill below that of the year 1867. _ _ Totrl for the year, 699,021 oz., or 29 tons 2 olds. 2 qrs. 1 lb. 9 oz., the value of which, at 41. per ounce, amounts to the sum of 2,796,0641. The non-arrival of the Columbian had created very great dissatisfaction, and the Legislative Ae- Numbly of Victoria had unanimously permed a reso lution calling on the imperial government to cancel the contract. The publication of the revenue re turtle had tended greatly to keep up the buoyancy ,of the money market. The total revenue for the year ended 31st March was 3,402,0001. against 2,982,0001. in 1837. The customs revenue showed a large increase, but imports continued greatly in ex cess of consumption. The tenders for the great railway works had been opened with the following results :—There were three tenders for the whole works : one from Mesas. Randle and Holmes, for 7,010,3241., payment to be made in cash ; one from Messrs. John Musson and Co., for 5,826,2231., payment to be made in cash, or in 6 per cent. debentures at par; and another from Messrs. Cornish and Co., for 5,449,2021., mimeos to be made in cash, or in 6 per cent. debentures at par. The whole of the tenders were subsequently handed over to a committee composed of the professional head of the Public Works Department, the engineer in -chief, and the professional head of the Survey Department, to be analysed previously to the govern ment being called on to decide on their reception or rejection. Mr. Gabrlelli gave in a tender in majone tion with Bir 8. Morton Peto, but in consequence of informality it was not received. In the local money market there is little call to remark. Capital is plentiful, and it is believed that the power to absorb the government debentures for the railway loan has been under-estimated. Large sums are continually offering for mortgage on good property, but in commercial circles the continued check given to the credit system is causing some tightness. The banks charge for bill, under 95 days' currency, 8 per cent.; from 95 to 125 days, 9 per cent.; over 126 days, 10 per cent. ; and on over drawn accounts, 10 per cent. Exchange on England is, at all the banks, at 1 per cent. for 80 days' sight ; for mown. ander 801. at 11 per cent. premium for 30 days' sight. Freight on gold, by direct stamen or sailing vessels, 3d. per ounce, deliverable in London ; insurance, 11 per cent. by the overland route, f per cent —that is, 7d. per ounce, as nearly as possible--insurance, 11 to 11 par cent. The import trade was as dull as it well could be, and t ram einns in the main unprofitable. Geld mining b y mac hi ner y offered such prospects of moms that Mr. Oabrielli had orlginete a !chew a a company with a capital of one million, the objects of which will be "to give the miners the opportunity of obtaining capital at a moderate Interest, to purchase the cheapest and most effective machinery, and of prosecuting their work upon the I Mast economid principle, and, at the same time, to secure fair remuneration for the use of the capital." 1 While a grand scheme of railways was under con siderstioa, the electric telegraph was rapidly con necting the Australian colonies. The Argos states: We ere in correspondence by the elestric wire with ail our gold fields and with all the principal towns of the interior. Our telegraphic system ham penetrated the northern colony of New South Wales, and reached the boundary of South Australia. la the course of a kw weeks, the submarine cablewill place us in communication with the neighbouring island of T;amsnla. 1 of Victoria had determined, . . under the advice of Mr. Hinny, to depute the Rev. Mr. Poore to England for thirteen ministers. Sir W. Dennison, in opening parliament, had represented the state of New South Wales u satisfactory. Under the impression that the Sikhs had risen in India it had been determined to despatch the 77th Regiment and the Artillery, retaining only two companies of military. More favourable news from India had altered this determination, but, under orders from the Minister at War, the 77th was to go to Hong Kong, and the Governor-Gene ral seriously recommended to parliament the forma tion of a colonial corps. _ The latest intelligence respecting the 77th was that, on the requisition of the Governor-General of India, this regiment, and a company of artillery horsed and ready for service, were to go to Calcutta direct in her Majesty's steamer Magmra. Sir W. W. Barton, late Judge at Madras, has been appointed President of the Legislative Assem bly, and Sir D. Cooper had been elected Speaker of the Lower House. The news from England had restored confidence to the money market. The parliament of New South Wales had expressed great dissatisfaction with the mail arrangements, and the directors of the Royal Mail Company, who had proposed to open a line cid Panama, were accused of a breach of faith. EXPRESS FROM PARIS. (PROM OUR OWN CORRISPONDIIIT4 PARIS, FRIDAY BYININO. Late this afternoon, too late to be known at the Bonne, or mentioned in the evening papers, the important news has arrived that the King of Naples, pressed by Lord Malmesbury's ultimatum, has un expectedly struck his colours. There can be no doubt of the fact, since it arrives simultaneously from Turin and Naples, and from the former place in an official form. A telegram from Turin, dated this day, June 11, informs us that the Piadnuactese Gazette announces that the King has consented to the restitution of the Cagliari, and the liberation of the crew. The Naples despatch, also dated this morning, is in these words :—" The ultima tum sent by Lord Malmesbury to the Neapolitan government granted a delay of ten days for a satis factory answer, at the expiration of which period recourse would have been had to force. Commander Carafe answered on Tuesday last that Naples would consent to pay the required indemnity to the Eng lish engineers, and that the Cagliari and her crew would be immediately given up to the English envoy, Mr. Lyons." You will observe that the Piedmontese Gazette speaks simply of the restitution of the Cagliari, while the Naples despatch says that she has been placed at the disposition of Mr. Lyons. What is the precise diplomatic mean ing of this circuitous proems I am not prepared to say. To an ordinary mind there seems no reason , why Mr. Lyons should be troubled with even a mo raentary seirin of a ship and crew which belong to Sardinia, and with which he has no oonoern what ever. Perhaps the King of Naples means to say that he only yields to force—that he is not afraid of Piedmont—but he is afraid of England, and there fore he givesup the ship I. the strongest power. I am not at all sure that Lord Malmesbury's ulti matum was so trenchant as the Naples telegram re presents. A Paris letter in the Nord of Brus sels affirms that it wee remarkably mild, and did not threaten foree. However, there can be no doubt that this question, which has so long threatened the peace of Europe, is now happily settled with honour to the English government. It does not at all follow that we shall resume diplomatic relations with Naples. The French and English ambassadors were originally withdrawn from that city on account of the scan dalous way in which the king governed his awn people. It yet remains for him to show that he bag made sufficient improvement In his internal adminis tration for humane and civilised nations to hold intercourse with him. An influenti►l member of the Corps Legislatif, the Viscount de la Tour, has written the following letter to the editor of the Univers • Treguisr, Jana 7. My dear Friend,—Thera is but one opinion in Brittany, emoog conservatives and catholic's, upon the question of the charity lands. The conversion of them into three per cents. ie disapproved of by all charitable men, whether friends or advenariee of the government. The y agree In saying that the sale of the lands would be a calamity. The respectable bottrprois of the towns, as well as the nobility and clergy, openly express this opinion, notwithstanding an the arguments of the official apologists for every act of power. The mesas,. only Inds favour with the red party. People are astoonhad that government should have been so ill informed sa to the consequences of the enterprise which It hes begin. A few examples will show how disastrous the working of it would be In this part of the win try. [The writer hare explains the present position of several charities in Brittany, and emileavess in show that they would lees by selling their lodes hasameag, howeeso, that It would be poseible, by sale owl aetaeMee into Rent.., to towers the present Insure of the dwailier of the whole provisos by three reiniewo • peer, which he considers a most extravagant seappadties, he SMUG that they would lase sight or she milker year far the hams, owing to the cisedrwillik, ars bid wise would give to the averse omelet et lestrairesh] If la this Towhee we deny the laeasli sol OMNI slava twos d the roavendea assimealed, w All astosed tr govenmeard hos sr right illat r.:___ lialstrlmeey of the peer. It mall hes lablabilli Why tr lie charity bads "wet* le deity obilheld is ea ezpestisent, the same§ of eridsb ti at beg So datilbtui that the oast body of Is:dowsers would mit tab . tbs tisk of It ca %drown so. wont. Such is the gbh. ate Brittany. It b atilt dogly regretted here that issmososent him not cooled boa NO earring advice, which ft has a right to give; ft elesli moreover, have recommended the sib Of /Ma outlying parcels ooly. Theas regrets are la no reepset dictated by the spirit of party. Brittany is religious, NW narchiosl, end truly parkas. It loves the Brower, beams be has renovated Bream sad vectored • Chriedia sassireatisy. What it blames and deplores, la the measure is dog It is • blow to oonserrstive principles. SiraiLv suatbmate are . . . . - - - --........ v.. showing themselves in so =say Mbar proehmes fiat me vim hue yet to bops "that the Intentions and views or power may undergo very material modtdoettons." n• is Too*. This is, I believe, the first instance since the eats bliAliment of the Empire, of say member of the Corp J.egislatif presuming to write to a newspaper against s government measure. Should the example be followed, it will be curious to watch the ems queued. If members Vete to enjoy any consi derable i caterai l:7 beyond other individuals for their ossomunieetiont to tbi ?RINI the privilege might counterbslanoe, in some dcgrie, the want of, say hutintive L the Chmusberc bfssitbas, it will be renaembered, cannot be presseaW consent of the Corps Liedildt Onst lbw - Ustares do not name the postnasal= _ • • . ... d 'bud* 4'sr a 13 Lirtaa inserting their letters from any responsibility ; warnings, suspensions, and suppreseions would pro- bably soon put a stop to letter writing on the part of members, should the movement develop itself to any extent. The Bourse bag not been brilliant. The Bank returns, affording as they do such strong evidence of the stagnation of trade in the country, rather para lysed the upward tendency of the last two days. The Rente closed at 68fr. 6e. and 68fr., with a rise of sc. for cash, and a fall of 6c. for account. Mo. biller rose 7fr. 60c. The Orleans and Northern railways rem 10fr. each, and Lyons 6fr. Eastern, Southern, and Western were from 2fr. 50c. to 6fr. lower. BELGIUM. BatIBBILLE4 JUNZ 10. A meeting of members of the Right his been held at M. de Merode's, in which it was resolved to use every effort to oppose the bill for the fortification of Antwerp, on the grounds-1. That the project was anti• French, and suggested by Germany and Eng. land; 2. That it would be burdensome for the tax payers, and that without any compensation, because if it be true that there is any danger it must be so near at hand that the fortifications will not be made in time to avert it. REVOLUTIONARY ALARMS IN ITALY. ()now ova °lnt ROME, .11.7N3 6. A telegraphic communication, of a very alarming nature, was forwarded to Rome in the beginning of this week from the Tuscan government, announcing that a conspiracy, for revolutionary purposes, in the Roman States had come to the knowledge of the TIM= police—that quantities of ammunition, re. volvers, and even Orsini bombs, had been secretly sent scrams the frontier—and that on Thursday morning, during the grand procession of the Corpus Domini, the outbreak was to take place, commencing with the assassination of Cardinal Antonelli, end many other members of the Papal government, It may be easily imagined that a of this sort was not slightingly r v e r ee ar ::4 although Monsignor Matteucci, governor of Rome and director-general of police, protested that he could not credit the existence of impending danger to such an amount. A cabinet council was held, at which it was at first determined that the procession should not take place at all ; secondly, that the procession should go on as usual, but that the Pope should not take part in it ; and finally, after many vain endea vours of the police to find out some cue to the mena cing mystery, and after numerous but fruitless domi ciliary visits to the residences of suspected in dividuals, with a view to discover depots of bombshells, poignards, and revolvers, the police authorities began to suspect that the information received from Florence was either premature or a hoax, and it was consequently bravely determined to afford the Romans the cus tomary annual spectacle of the gorgeous processions around the piazza and colonnade of St. Peter, in spite of the threatened intentions of Mazzinian or Orsinian emissaries. The result verified Monsignor Matteucci's opinion. Everything went off with order and propriety, and the only untoward mamma during the solemnity was the disastrous capsize of Prince Altieri, captun of the Pope's noble who bad selected a rather unruly charger guard, morning's parade, sad was flung . violently on to the pavement, but without experiencing any severs injury. A few b rigands, formerly belonging to the note. rious band of 11 Passatore, recently , escaped from confinement at Ferrara, and betook themselves to their old malpractices in the neighbourhood of Cesena. A detachment of gendarmes and soldiers sent in pursuit of them had the misfortune to fall into an ambuscade prepared by the brigands, who fired upon them, killing one gendarme and two soldiers, and putting the others to flight. The excavations on the Via Latina continue to be the point of attraction to the Romans. Cordial Antortelli has purchased the three finest sarcopg found in the last opened tomb, for 8,000 acudi. are to be placed in the Vatican museum, and that removal has already commenced. THE UNITED STATES. (Ix =sumo msowirx.) (mow ova owx oomassioxourr.) SOUTHAMPTON, SATURDAY, 1.4 The steam-ship Fulton, with the American mills and three days later advises, is now in the Cores Roads. DISASTROUS GALE AT MADRA3.-011 Wednesday, the 6th instant, Mama was visited by cue of these galas which have so frequently proved &matrons is the shipping in its tweed roadstead. And on the pmenst occasion the destruction of property was very groat. Tea brigs angapd In the country trade, and ranging from 600 tons burden dowsnis wan driven ashore. Three European earth and en Amnion one en likewise on the beach. The scone 01 the wreck extends for about four miles along the basobv. from the Adyar to Royapoorsza, and the sad spectacle Is presented of noble looking ships buffeted about by Ms destruotive surf, which will coon, we for, altogether break them up. The names of the Et:roped' mods an the Antericaine (French), Eclipse (Nor wegian), Wales (American), and the Grammy (English). Another ship, the Victoria Regis, which came in celliskot with the Ameriosine, was much damaged, and drifted out to ma. She has returned to port, but bad she been so mare* nate as to have goes to the bottom, the Imo of lib weaditai have been gnat, as the captain, the first mate, and Waved the ens took the precaution of jumping into the Amatimies at the tints the collision took place, leaving the second tosiq, two man, and a few boys to take care of the ship and asp selves. The captain of the Eclipse meanly injured Ids* by beihg thrown from a boat on which he was standlub while on the look out for araistanoe from the shore. Asir as we can gather no lives have been lost. Including time. to the cargoes anertheshipe the loss cannot be estimated st leer then 40,0001. —Nadro• Atheneum, May 10. The Idaho del Popolo, the Mazzinian journal of Genoa, was again seized on the Bth. There are now irk responsible editors of that journal in prison. Lord Malmesbnry has filled up the Timmy, led vacant by the strange flight of Mr. Howl; by appointing as his arena Mr. Lyme, who bee An ear dead with so meth Mara the neolield negotiant= with Naples. Mr. Lyons has lea beg stiohed to the armed Florence, filling the way resposeihis post of the raided, Magi' anaenellieed, reptesentative of Great BA& of Roma, and is thoroughly acquainted with the politics tithe Hahn Palisade. He is the eldest son of Lord Lyons, id durst seised the diplomatic service as attache at Atlas 18 February, 1839.—Time. A petition on the bankruptcy laws, prepared ht the Mercantile Law Amendment Society, is about to be pre. Nested to parliament, aped by 3,000 merchant' sad Driest It h in favour of health@ being granted for the llqatihrilt al estates under inspection, of an assimilatiou of the laws 4 bankruptcy and insolvency, and of power being (mod the Bankruptcy Commiarioners to sentence debtors guilty ea fraud, or mutilation, or falsification of books to hoprisoliwed in a home of correction. It also urges that the systant4 gees should be abolished, and that amigneso sad other cars ei the court should be poi by lined solarise. A wog patios hes also bin prepared la favour of the meow, relation to mowed cheques. It has boon signed by the Os, mitts* of Lloyds, most of the members of the Corn ke &aim the dwirman of the Stock Exchange, and a 14 arable of the perm most indusatially oraitel 14 LOO4Olll busissen. At the annual general meeting of the iltrA Soddy, held on the 3rd indent, at Berliners Hosta,lls the slalom dQeilows, Lord Wrottealey Sasoishißl 11 4 Si B. Brodie led ghee his cosset to be put to smeidell as predient et the entraing amtivermry is Norma sod Mr. Beaune is sorged preparing a model fee at elite. of the We Sir Hwy Haslod, which it to is werrik se a naiad tmelteralel b Traiiger-emere. The a lll f, itirann Item a lost Lady ezenuted ty Kr. rem* lobo Wog lam inn a tislegteph d the Assad sr; odd a kw weds b‘es Ole 140 d Ladner. •