The Express. — London, England, 1859-01-11 00:00:00

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Tins 111=411ATA II :o I% Amami Lem NmatiaWlem use • Nakaaell i Maine; 114Ik&C. lilmsaJliaboal,.&ll.mie.—Oomismal 7. Tule amiss. Tit AU T O D T tainisse. Wooer el., sm., tirk. WI lonic r...."1 1 "'"•&=`0741..,.. du" ;M. &Mem Ft I POllllllll. Tun Farm. Tlllll OP VINICI lilt. 11. s. C. Darr d TUB KING Of Tin %MAMA; Draboad. drol The P. \NW Iva Mann M ha.; Mime. Mira -Monism ma T. LTCEVII. Tpu Symp., y\lllol DS LOIXI• Fr, Tile Ondb of Pier. Ilaime Opum. —TVS MISS OF ?WY. alema M.o. Temp ILeaku. NW J. 01. Sum UM Tabs.—AM via TOT 110SPOL n. Wel Feely, —Cesumeisul. rraNXIA.. Tow Fffoooi M er 41111131 OP SPITZ; Or. Flo Foomialo of MNIOI Ir.mob. M tool. ; rem 11. loos. MO. Olson Isaltra.—Aad TIM MI OF NAL ZION VAT= AT LONDON MUDGE. rinaLaflaimodr, Oall 4e--.llm. 111. We. ft. 110.---Jaiewea. la Ha. LONDON, TUESDAY, lAN. 11. THE speech of Vicroa EMANUEL to the Sardinian Chambers has been looked for with a degree of in terest amounting almost to anxiety in every capital of Europe. At a juncture so critical, friends and foes were equally solicitous to learn what language the wary but enterprising Ministers of Piedmont would put into the mouth of their Sovereign. Attar the long protracted suspense in which the affairs of Italy had lain, people in general would have been content to wait with solicitude, but with calmness, for the announcements that might be made on the day appointed for the opening of the Legislative Session at Turin. Some days previously they had been startled, however, by the authoritative utterance of expressions which, if they meant anything, seemed to be a forestalling by a greater Power of the policy about to be adopted and avowed by the lesser State. The abrupt and laconic decla ration of the French Ex restos wee interpreted ge nerally u a prelude of war. The Funds fell; diplo macy became hysterical; negotiators looked in dignant at the interruption of their unfinished task ; and an ambiguous note appeared in the Moniteur designed to adjourn panic sine die, and requesting all discreet and loyal believers in Imperialism to set down the escapade of the Ist January in wha the Dutch would call " their Forget Book." Bu the disinterested patriotism of the Bourse is not so easily reassured ; and the memories of men are even more prone to disobedience than their convictions or their consciences. Public curi osity could not be coaxed to sleep by the softest notes of the Guides. The Sardinian Parliament was summoned to meet upon the 10th instant; and in its presence it would be impossible to play fast and looms with the gnat issues of peace and war, and Italian ildependence of Austrian domination universally believed to be depending. To do M. Cvvoua justice he has not attempted to elude the great responsibility of his position, as chief adviser of a confiding and courageous RING. For some years he has deemed it his duty to dissuade his countrymen and their Sovereign from anticipating what they and he believed to be their destiny. He has been content to incur distrust at home at the hands of the im petuous and unreasonable, beelines he would not rashly risk all of good already achieved and of glory hereafter to be won, in a desperate struggle with one of the greatest military powers in existence. Ile was equally unmoved by the ceaseless complaints of foreign diplomacy at the studied reserve he perse veringly maintained. Neither Count BUOL, M. MAN TECFPRL, nor Lord MA LMENHVILY could lure him or his colleagues into the rash avowal of warlike pur poses on the one hand, or into momentary paltering with the hopes of Italy on the other. He felt that the best if not the last chance for freedom in the Peninsula, during the present generation bad been given him in charge ; and that compared with the duty of wisely exercising that sacred trust all other duties were and ought to be subordinate. He could not be unconscious that the character of the youthful Monarch whom he served rendered him at once punt' irly fitted in many respects to play the part of a Royal liberator, and at the same time ren dered him peculiarly liable to be led away to his ruin by injudivi ins or insincere counsellors. VICTOR En %Neel is neither an ambitious politician nor a military genius. Is it too much to say it is fortu nate for hinise!t and his country that he is neither ? The ra• which ten years ago he was suddenly celled on to undertake is that of a constitutional Sovereign, with • small hereditary realm in possession and with greatly extended territories in expectancy. Had he been either • diplomatist or a strategist, be would probably have tried long since to realise by azeicipat ;on what could only come to him safely and lastingly fly way of reversion ; and he would have infallibly 'feet in the attempt even that which be rams to have. Lombardy and Venetia were not to be won by him at any time during the last tea years by any use of either arts or arms. Until in the Neese of time he should have proved himself thoroughly trustworthy as a constitutional King, it was not to be expected that millions of people who had never owed allegiance to the House of Savoy would cordially tarn to him as a deliverer. It is infinitely to the honour of the Lombardo- Venetians, that weld all their suffering@ under Au than rule they should have been slow to do so. Hy his very forbearance, blended with unswerving firmness, the prieeless conviction has at length grown op in Italian hearts that Viryon EMANUEL is thoroughly loyal—a man whom no tempta tion will induce to renounce the claim of his country to indi,Tenous rule, but who cherishes no dreams of pinioned aggrandisement incompatible with the will or the interest of that country. In a word, he has, by a faultless political reign of ten yeast' dur.ition„ satisfied his neighbours that he is a safe men sod a fit man to be trusted with extended power, and that be will never try to seize it, but wait until they summon him to confer it on him. THE EXPRESS, TUESDAY EVENING, JANUARY 11, 1659. One thing only was wanting, and that is now wanting no longer. It was necessary that the gal lant King of Ssautette should tell the people of Italy who dwell beyond his frontiers that he was prepared to look all eventualities in the face, and to accept the noble but perilous liabilities they might impose without hesitation and without fear. " The " future," said the litxr. , in his speech of yesterday, " cannot fail to hs fortunate, because the pa. " licy of Piedmont is based on justice and " love of its country's liberty. Piedmont "is small, but great in the councils of " Europe, on account of the principles it repre " arab and the sympathies it inspires. It respects "treaties, but is not insensible to Italy's cry of anguish." What is this but a simple though dig_ stifled answer to the inarticulate prayer for deliver mos which all men have hesrd of late from the lips of an exasperated and oppressed people? It is as though M. CAVOUR bad advised his SOVEREIGN to lay to the Courts and Cabinets of Europe, to his own Parliament and semy, and above all to the multi tades who writhe beneath a hated foreign yoke:— " If you went me, I am ready ; if I arm, it " shall not be said I do so for any tin " righteous or unworthy purpose; other rights oe powers I seek and will have none, " bat those which I now exercise as • constitutional " King; by the letter of treaties, so long as the " status quo exists, I will scrupulously abide, because " I am a King ; but to the cry of a nation's grief and " agony I do not pretend to be insensible, for Italy "is my country, and I have the feelings, the in " stints, and the obligations of a man." Well might Vicroa EMANUEL close his soul-stirring ad dress with the signitleant words, " Let us resolutely " await the decrees of PROVIDENCE." Ebt Court. WINDSOR, Jur. 10. The Prince of Wales left IViodsor Castle at owlet before ten o'clock this morning, (or Dower, ell rests to the Coating:it. Rh 'loyal Highness w , ll review and motet new calomel to the 100th, or Prince of Wales'. Royal Canadien Regi ment, .t the camp et Bhorncliffe, this afternoon, and will env bark in the menieg for Ostend. The suite in attendance on the Prises omelet of Colonel the Hon. Robart Brace, governor to his Royal Rieman; Cagle'', Grey, Equals/ in Writing; the Rey. C. Term, and Dr. Chambers. The Queen walked in the grounds adjoining the Castle thl% morning. The Prince Commit rode out os bereeback, attended by Liwat.-Colonel Putmeaby, Prim= Alice sad Princess Helene rude ia the Riding boom Lady Salsa Leslie Melville ill appointed Lady of the Bed chant:at to the Duchess of Kent, in tinoccasion to Lady Anna Marla Dawson, who has rens,,ted on account of the state of her kohl. Lady Arne Minis Dawson is appointed an extra Le iy of the Bedchamber to her }lord Highness. The Rail of Derby arrived in London yesterday :.um his met, Leowelsy-hsli, Lelesel“re. Despeleare mem received at the Colosial-ofilo yesterday ham the Lord High Commissioner of the loeisn Wands and fast the Governors of the Not ;h Americus province. speed= .e►e met to the Goveison of the Mauritius, Cey lon, end Hoeg Hoeg. ITALY. (PROM OUR OWN CO3IZIWOIDINT4 TURIN, ILN,7. I need not tell you how anxiously everybody is expecting the speech to be delivered by Victor Em manuel on Monday. As it is impossible but that some interest should be attached to it throughout Europe, I suppose you will have learned by telegraph the purport of its more important passages a day or two before this letter can reach you. I will not now refrain from saying, however, that those who think the royal speech on Monday will direct the attention of our Parliament merely to the internal affairs of this kingdom, and will maintain a prudent silence about its external relations,are quite mistaken. I am in a situation to assure you that the address from the throne will be a grave and significant one, and that it will speak expressly of the disquieting and menacing condition of foreign politics. I told you that the first idea of the ministers was to make a direct allusion to the present situation of Italy, but it was deemed that this might appear like de siring to aggravate that situation still more by the weight of such solemn words. It is of little use for me to relate all the partial demonstrations of hatred against the Austrian go vernment which occur every day in the Lombardo- Venetian kingdom. I will only mention some facts which I believe you cannot find in the newspaper correspondence. Austria seems now to have suc ceeded in frightening not indeed the government of Modena, which has always been subservient to her, but also that of Parma, which has for some time past resisted the exactions of Vienna. The Piedmonteee government has a suspicion that the treaty of 1817, which I have referred to on a former occasion, is being renewed, with the special addition that the Modenese and Parmese troopsare to be transferred to Austria, and that instead thereof Modena and Parma are to be occupied by Imperial troops. With regard to the affair which has arisen between Modena and Piedmont, on account of a Sardinian subject who had been mortally wounded and cast into prison, es I told you in another letter, the matter yet remains in suspense, because the Ducal Government has asked for time to complete its inquiry into the case. It is now acknowledged by the official Austrian journals themselves that military reinforcements are being sent into Lombardy, where the ebullition of the popular mind, so far from abating, spreads and grows more intense daily. It appears as though the University of Pavia were intended to be kept closed for the entire year. Meantime a good many of the students have crossed the frontier, instead of going to their homes, and come here to Turin, where they ask es a favour to be allowed to continue their studies in the University of this city, and their request will no doubt be granted. The chiefs in command in the Lombard provinces have received from Vienna the necessary instructions for declaring those territories in a state of siege as soon as a telegraphic order shall arrive to that effect- The officers behave with extreme prudence, and avoid every occasion of irritating or displeasing the population. The words spoken by Napoleon 111. to Baron Balmer have tended the more to inflame men's minds on the other side of the Ticino. It is certainly a remarkable thing that they should have been uttered by the Emperor on so formal an occasion as the Court reception held on New Year's day, for he could not have been igno rant of the present effervescence of public feeling amongst the Lombards and Venetians, and our Italian proverb, Gatta ei coca, or as you would say is English, " I smell a rat," applies to this affair. I read in the Daily News some allusion to a rumour that the British Government is busy in per suading l'ruasia to lend her support to Austria. Do not think me too presumptuous in saying that I may claim to know somewhat of the policy which is just now endeavoured to be practised at Berlin. There are only four personages, however, who are at present the participants of State secrets in that quarter ; and one of those personages is one who does not reside at that Court, but sits in a high place at your own. I can tell you, nevertheless, what is one of the principles of their liberal policy ; it is that Austria ought to convert haaelf into a Danubian Power and resign herself to the loss of her Italian possessions. Moreover, if it be true, as report says, that Vienna is asking Berlin, in view of certain contingencies, to renew the assurance and the guarantee she formerly obtained for her Italian possessions, the answer will be one completely negative ; and this will be a confirms ' Lion of what I told you some time ago about the interview between Count Cavour and the ex-minister Manteuffel in the presence of the now Prince Regent. Here, the ministry are preparing more and more every day for some great event, which they seem to regard es highly probable. The Austrians are doing as much beyond the Ticino, and exerting an incredible degree of industry to scrape money to gether. Not daring to impose a new tax, the Aus trian government invites the communes to buy the Crown property situated in their respective districts; it has already sold a barrack at Brassie, and at Leven°, on the Lego Maggiore, it has sold a fort, which was deemed useless, and re moved the cannon from it to Verona; the same thing has been done at Milan with the little fat of the Porta Toss. General Garibaldi, to whom I referred in my last letter, is already at work enlist ing volunteers. I believe he hos not an express commission to do so, and every volunteer who pre• sents himself is told that the enlistment is condi tional, and will be valid only in the event of war- But you may well understand that Garibaldi's name , and these acts of preparation, excite the minds of many, and induce them to regard as a certainty that which is no more as yet than a probable contingency. The result of all this is, that if there should not be any war, the illusion will be most painfully felt in several of the provinces of Italy, and will not pass off without some disastrous and deplorable conse quences. On the other hand, this exaltation of men's minds, and this profound conviction that war is near, have sprung up, one scarcely knows how, and there is nobody who can be accused of having been their prime author and promoter. The government forearms itself, and will not be caught unawares by any serious emergency ; but every measure of pre caution it adopts is quickly interpreted throughout the whole Peninsul► as a preparation for certain and speedy war. I know positively that in consequence of the lan guage used by Napoleon II 1., Austria has declared that she must augment her garrisons, and this not only in Lombardy but at Bologna and Ancona. This may give rise to other and most serious complica tions. At Milan, yesterday, the speedy departure of the Archduke Maximilian wee tslked of This fact is very doubtful, but the Prince his sent away his young consort, under pretext of sending her to meet the King of Bavaria's daughter, who is on her way to marry the Hereditary Prince of Naples. A. The length of cable for the Indian telegraph from Saw to Adeo, manufactured by Dieters. Newell and Co., will be de.patched from Liverpool about the 20th instant, in tiro ♦euale. EXPRESS FROM PARIS. MON OM OWN PARIS, MONDAY ETININO. The King of Sardinia's speech I. considered much more warlike than recent conjectures of its probable contents had anticipated. The professed respect for treaties is thrown into the shade by the statement that " the cry of distress of Italy will not be un heard." The phrase that the " decrees of Providence must be awaited with resolution"—not with patience, which is the more common locution—is particularly remarked. The Providence to which the King of Sardinia so ominously alludes dwells not in the havens, but in the Tuileries. Hence the alarm which the speech has canoed. Another piece of great news which may be con , sidcred as a corollary to the speech is that the Prince INapoleon is really going to be married to the little Princess Clothilda (only 16 years old!) daughter of the King of Sardinia. This alliance has been before spoken of and the rumour was contradicted. I believe the news is now official, and that the event will be announced in the Emperor's speech, on February 7. Visions of a repetition of "my uncle's " policy and a French viceroy in Italy haunt and terrify the public. At the Bourse the panic continues with augmented proportions. The Rente fell 80c. for cash and 90c. for account (an immense fall, considering the efforts made to explain away the speech of Jan. 1), closing at 70fr. 20c. and 70fr. sc. Mobilier fell 55fr. The railways suffered more than on any day last week. Orleans fell 30fr.; Lyons, 15fr. ; Northern and Eastern, 10fr. each; Southern, 6fr. 25e. ; and West ern, sfr. Austrian railways fell 20fr. The Phare de la Manche, of the 9th, says that the Emperor of Russia will visit France in the month of May next, before he goes to England, and even asserts that on leaving the 'Tuileties the Czar will embark at Cherbourg for England. M. de Persigny has arrived in Paris, with his family and suite. Prince Napoleon has appointed a commission for effecting a general survey of Algeria, and M. Babinet, of the Institute, is to be the president of it. DIPLOMATIC CONSEQUBNCBS Off A SIVOII7- BALL! A letter from Smyrna, addressed to the Presse d'Orien , contains the following account of a quasi-diploma tic dispute between the consuls of Austria and Russia apropos of a snow-ball: "Children, we know, are accustomed to amuse themselves withsnow-balling, and one of these miesives has been the cease of an unfortunate event which Is to-day the subject of gene ral conversation. A youth, attached es a demotic to the ser vice of M. Jean Fillipagzi, director of the Austrian poet, wee amusing himself with other children in throwing snow-balls, when one of these innocent projectiles attack the cheek of a child of M. ',pre, Cooed-General of Russia, who was on the field of battle. After erica and tears from the child, Madame Ivanoff mode a com plaint to Madame Fillipuzzi who, in her husband's absence, expressed the liveliest regrets for what bad happened. But 10011 second. afterward' an Meer from the Russian consu late, obeying the orders of Madame Ivanoff, entered M. Fillipuzzia's house. and, in spite of the meat energetic pro tests seized the savant boy, and brought him to Madame Ivanoff, who chsetirod him, made blot a prisoner at the consulate, and then WA him transferred to the government prison. On heeling these facts M. addressed to his coma, the consul of Austria, a de mand for the remit* of the child, and satisfaction for the violation of him domicile. The Russian consul reamed this eatlefartion, and the relations between the two consulates were broken off in the most peremphry manner. The eff:ir has been submitted to the respective embassadors at Constar , Una*. Meanwhile Mr. Blunt, the British consul, hes ceased this culprit of twelve yeses, who happens to be as lonian subject, to be eat at liberty. Such are the come quinces of a snow-ball !" Sir Charles Trerelyan, assistant-secretary to the Treasury, will succeed Lord Barrie se Governor-Gimaral of Madras. Mr. Hamilton, financial secretary to the Treasury, will succeed Sir Charles Treys'yen In the permanent aloe which be has just resigned ; and it is understood that Mr. Disraeli Ina appointed Sir Stafford Northcotr, Bart., C. 8., M.P. for Stamford, to snouted Mr. Hamilton as fhaucial secretary. Mr. J. H. Orde, having resigned his situation in the War-office, hu ceased to sat se private secretary to Major-General Peel. Lord Bury, on arriring at Quebec on the 19th nit., WM visited at hie hotel by the mayor and many in fluential citizens. On the following day Ida lordship, who ie fond of out-door sport., enjoyed the ...Inter reticles of skating in the rink outside the walla—a building, or Instil tke, in the originating of which Lord Bury had a hand some years ago—but unfortunately he happened to get a fall, the oonasquencee of which were somewhat serious, his arm being dialooated. The accident, however, did not pre vent his appearing at a public dinner in the evening, when he was received by many members of the legielatore and other' bearing office in the city and county, and by some of the moat eminent merchants and professional wenn( Quebec. Captain Cooke, enperinteedent of the Liverpool pilot force, died suddenly, yesterday, at his house in Park- Mild., Birkenhead. The Hop Excise Duty Repeal Association appear to be again taking the field in earnest, in preparation for the coming endow. A district or " parish" meeting was held et lambeehttm; on Friday last, attended by a deputation from the ersociation ; end similar meetings see annonnoed to be held st Brenchley and Goudhuret during the present week. Next week there will be two meetings on a larger scale, Intended to embryos the district around the places named, vic., at Tonbridge and Cranbrook. Occasional letters are received, entreating that a warning may be given to the public regarding certain new savings baste Is London and in the provineat, which offer the temptation of high rates of tutee's; and profess to be in posreasion of subscribed capitals nyder the Limited Liability Act. "It Is, however, impossible," says the Tines, " even though very decided opinions may he entertained with regard to them, to expose any mirchief until the occurrence of actual defaults ouch as ere usually not allowed to take place until the lest funds have been squandered. All that can be dome is to urge every poor person to consult his employer or some established business man before entrusting his savings to any fresh concern, especially if the promises made are particularly attractive." After hearing a tedious will case at Dublin on Saturday, Master Litton amused the gentleman of the long robe present by requesting their opinion on the follow :13g point, on which be had bcso consulted that roaming . The governor of a gaol not a hundred coulee from Dublin was on Friday wrested and tocarcerated in hie own geol for a debt of 4001., the attorney for the plentiff demanding and obtaining a certificate from him that he was In custody. Now, In the execution of big duties se governor, could he go beyond the walls of the gaol without being liable to arrest for escaping Lem prison under the above committal? Counsel seemed quite posed es to the law of the ow, there being no precedent, but would consider it, and talk with his lordehip on it on an early day. - - A letter from Rome says :—" Mgr. Matencei, go►ernor of this city, ha* revived a caatom which shire the diaturbences of 1843 has not been obeerecd, that of Mies log refreshmemts to the public in the second and third rows of boles in the priacipil theatre, on the opening night of the eseeon. After tbeperforavaco of the tint act on that night, the doors of sit the tomes were opened, and two eat mats in livery entered, one retrying two silver candlesticks with light,, and the other a large silver salver beating fruits, confectionery, Vacant; sad ices, which he offered to the occupiers of the lamas. Ws act of politeness must have cost Mgr, /fattened a large sure." _ . --• M. l'ollack, an unlicensed broker on 'Change, won 250,0000. (23,000/.), 40,0008. (4,0001.), end 4000. (401), at the drawing of the Credit Bank lottery on the 3rd inat. H. Polls* la • Jew, and the elders of the Hebrew orinnannity have already obtained • doesdoe of 3001. from lake. An sequaintiteee of anise, who sold the eerie to rafter-1, yesterday drily mutinied that the man had never before even any proof of talent.—Vienna correspondent of Time. LONDON AND ORRIINWICLI RAILWAY. (T 11144 DAY.) This afternoon the usual half-yearly meeting of the proprietors of the above railway was held at the oftioes, in °mum Hones, Mr. JOSIAH WILSON, chairman of the board of directors, In the chair. The following is the balance-shset for the half-year - Profit and loss:-" Dr.: To 32.4 dividend. being 5.. sd. par share on 43,077 shares, 11,6661. 13e. 911. To balance, 4291. 13.. 94. ; together, 12,0961. 7s. 6i. To interest On bond., 4,638; on preference shares, 5,6681.; together, 10,2061. to half-yeses annuity to J. Nash, 71. 10e. ; to bond stamp and cononimion on 50,000/. bond, 1871. 100.. To expenses direction and salaries, 3001. ; rent of offices, 401. ; inter eat and dividend warrant, coals, petty disbareement., print ing, stationery, stampa, advertisements, t , 661. 1.. 1011. ; 3961. Is. 10d. ; to income tax, 2611. se. 6d. ; to balance, 12,0261. es. 9d. ; total, 23,0831. 14e. Id. Cr.-13y balance of poet and loss to June 30, 1658, 12,0861. 7.. 6d.; total, 12,0961. 7a. 6d. • by balance, 4291. 13e. 9d.; halo_year's rental of railway, due De cember 31, 1614, 23,6001.. by treader fees, 51. 17.. ed. by balance of interest account, 1481. 2.. 10d.-totd. 23,093/. 14e. ld. ; by balance brought down, 12,0261. es. 9d." . _ A resolution was passed, declaring a dividend of 1/. 7s. 6d. per cent. far 6s. 6d. per share) for the half-year on the ordi nary stock of Um company, payable by warrant, on and after the 16th of January. The proceedings closed in the noel manner. CRYSTAL PALACE SHOW OF POULTRY AND Ptr.Eora.—The following it the weight of some of the teize pens :—Three grey geese, 73lbs. ; three Rouen ducky. 20itis.; three white Aylesbury ducks, 2311ba ; and several turkeys weighing upwards of 24105. each. The show cm:alone, open this day and Wednesday. TOE BENEVOLENT OR STRANGERS' FRIEND HoCtzTv.—This society, which has subsisted upwards of 74 years, having for its object the visiting and relieving the sick and die• replied poor of the metropolis and its vicinity cat their own habitstione, WIG on Sunday, both morning and evening, advocated from the pulpits of thit teen metropolitan chapels. Its prominent features were pointed out, showing it to be unreetric•ed in the eternise of its benevolence, regarding neither crerd nor country—neither eectariau nor proeelyting. While its agents avoided no locality the relief bestowed wee by no means indiscriminate, for in no instance was it Worded until a special inquiry had verified tee loirticular tic mention of the case. Collections were made In aid of the fonds, upon which there hal been en great a pressure during this inele meat .suns. On Sunday nest appeals for the same object wtll be made in many other chapels, and it is hoped the general result will enable this valuable institution to continue in that sphere of usefulness in which it has already renew.' stout 400.000 oases. THE CREDIT SYSTEM IN TRADE.—At a meeting of the Glasgow Chamber of Commerce on Tuesday the com mittee on banking lawe submitted a report, which was laid on the table. It end—. Your committee is cf opinion that the great come of the periodical derangements of our com mercial s.vetem is the sudden collepee of previously initiated credit. But the system of credit is only prudent, or even honest, in so feu nit each individual trader has a reasonable certainty of meeting his engagements; otherwise, the whole credit system is evictions circle; and Insolvency is propagated from one trader to another to an indefinite extent through out the whole commercial system. To stretch credit without making such provision for contingent calamity, is simply to gamble at the expense of the com munity. The trader's reserve should be proportioned to hie risk. The long credits granted In our foreign trade are a fruitful source of danger--directly to those engaged in ft, and indirectly to the whole mercantile community. The tad security against come:tern/a convulsion is to limit credit. The tearer we come to a cenh business the sounder will be out trade. In this respect the experience of other nations cor roborates our own. The comparative security of French commerce during the late crisis was no doubt greatly owing to the modified nature of Its credits; end, .in the other head, the disaatere which overwhelmed the commerce of America were ea certainly the result of an exaggeration credit system. Everywhere the arability of commerce la in en inverse ratio to the development of credit. lint the abuse of mercantile credit could not exist to any great extant were it not fostered by the abuse of banking credit. Traders could not give excessive credit unless bankers supplied them with the means. The great fault of modern banking is the insufficiency of reserves. The insufficiency of Making reserves is the immediate mum of our panics, and one great cause of insufficient reserves is undoubtedly the high rate of Interest allowed upon deposit/. Viewed es a whole , _ our pre sent credit system appears eminently insecure. Our whole credit system teen keened pyramid. Your committee does not look for any legislative remedy for the *bun of credit. The cure mum Lie found in the more honest and intelligent appreciation of their duties by all who either give or take credit." --- FEES TO COUNSEL AND ATTORNEYS IN CRIMINAL Psus ECUTI nsts.—We understand that at the quarter sessions at htaidstone, on Thursday lest, the subject of the present mode of conducting prosecutions was taken into considera tion by the jostle's' present, end resolutions were passed expresaiva of their opinion that fees to MAIIIIBi end costs to attorneys should be allowed in ell prosecutions in which the court has power to allow the ripeness. The costs are to he timid by the clerk of the peace, sod showed oondi *lousily on notice being given him by the attorney employed, two day, before the session/4 or sent with the deposi tions, when prisoners are committed within that time. In ewes in which the required notice may not be gives (that if, in effect, where no attorney may be employed), the clerk of the peace is to instruct Mr. Beale, the clerk to the mastietrates of Besotted Petty Sessions, to conduct the pro secutions. These cases would probably but seldom occur, sod u it rosy be presumed that they would be of a trilling nature, the feat to counsel sod snot neva in such cares are to be limited to one guinea each. Although the justice, present at the sessions have not power to establish any positive roles of this kind, there is every reason to be lieve that the practice will in future be in accordance with the resolutions etteeed or, so that the want of proper at tention to the conduct of prorecntione, by which the ends of justice have not nnfrcquently been &rented, will by these arrangements be ohs .ated.—Sotteh Fastens Genetic SODDEN DEATH IN THE ADELPIII THEATRE:. Yeeterelay information was forwarded to Mr. Bedford, coro ner for Wet.tminotter, of the Padden death of Mrs. AIM Meer, aged 73. which took place on Sat cat-toy night, in the pit of the Adelphi Theatre, where she hod none to whams the pantomime, in which one of her ,rand-daughters was mumeni. While apparently fully et.joyiug the mirthful scene her head suddenly dropped, and she fell forward in sensible. She was promptly removed to Charing-aces Hospital, but on her arrival there life wee found to be extinct. The canoe of death be «fated to bane teen disease of the heart, under which she known to have 'nag laboured. THE LATE SUICIDE IN ST. JAMES'S-PARK.—Yee tads,. afternoon an inqueet was held by Mr. Bedford, coro ner for Weaminater, ar Charing-erne Hospital, on the body of John Wheatley, aced 47, late gardener in the service of Mr. Trollop.. Paste agent, of Parliament -greet, who com mitted suicide in Sr. Jerome's-park, by ebonting himself through the bend, on Thuredoy bat, no reported in thz= Norf. William Green. a book...ller. stated that d who wee of Intemperate habits, wee his brother-in-law. He always appeared cheerful, and never talked about suicide. He visited witness on Tuesday, going away after breakfast on Wednealay morning. when he hod his watch (which It appeared he afterwards pledged) with him. Mr. George Trolley, rieeeased'e master, deposed that the deceased had been in his service are years. and left on Saturday last, when he paid him 11. 12.. 6d., then due to hint. Wieners dig chereeel him because, removing from Wmaindetnne to Wim bledon. he would not at the latter piece be required. Mr. Arnold, home Burgeon of the hoopla]. said dreamed bad discharged the p/etol in hie month, and death was caused by shock to the brute. A verdict of " Temporary Insanity" wee rammed. THE LATE MTSTERT AT WALTHAM HOLT CROML —Extraordinary to ray, considering the oubliciti that bee been already given to the circumetences attending the mur der of the young femole end her child, end the divots' el their lifeless bodice in a pond in Epping Forest, the shocking affair still remains enveloped In the most impenetrable rope tery. and this I. the more astopiebhagowleg to the contiguity of the spot where the tragieal «Torrence wee discovered to the metropolis. Sinew the close of the coroner's in vestigation the county end metropolitan police have been uncemiug in endeevcurtng to obtain the iden tity of the deceased. and at the Name time to un ravel the painful occurrence, which, ednee it has been proved on very reliable evideune, end subetantiated by the verdict of the coroner'e jury, that both the unhappy woman and hot child were fonlly murdered by some person or per sons, has occasioned the greateat mutation throughout not only the district, hut the whole county, and the utmost anxiety Is manifested for the discovery of the guilty. A number of parties have come forward in the hope of identifying the eieement, but unwires...fully. although is many instances, until the police authorities had Marketed a 'atilt inquire, it was thought that some clue bad really been gleamed. The bodies having been km* above ground several weeks for the purpose of identill cede:sly-tem at length been interred ; but, at the some time. • very exact eisecriplion has been registered both of the decomsd's remains and their clothe, by the polies. There is • suspicion that the deceased were murdered in London, and then taken down In a cart and thrown into the pond.— Essex Herald. WRECK OF A LIMERICK VF.BSEL. A cone ., ondent from Liverpool, writiog on Saturday, says " The ship Contrib., Captain C. E. Mahon. arrived here this morn ing, reports the total lose of the brig Triumph. of Limerick, boundi from St. John'. N. 8., to Limerick, laden with della, with the Tempe of her crew, after having experienced the awful henlehipm nf nine day. exposure in the top-masts. arlthont either food or water. Contain Bishop's statement is end pimply gives. He says, on the 24th of Denember. in latitude 44 60N. 100. 36 20 W., saw • brig with flag half mast, which proved to be the Triumph of sued for Limerick. from St. John's, N. 8., laden with deals. With much difficulty we mar teeded In putting out our boats and rescuing the poor crew, who had taken refuge in the main top, and had been for upwards of nine days almost without food and water. The ship was waterlogged, end had been so since the 6th December, and bad bar decks swept, lost mils, boats, &c., on the filth December. The sea was run ning high as the time, and the boat had to make two Wild to the veseel, but wore unable to save anything. It may bo added that the Cordelia is an American ship, and the humane nooduct of her commander is entitled to the pad in le of all hearts." IHI PllllOl OP W4LEB 47 11H0BNOLIPPS. Yesterday his Royal Highness the Prince of Wales command Ms military career by presenting colours to the 100th (the Prises of Wales's Royal Cenadien) }Logi mast of Foot, at Bhorncliffe Camp. Thep Hare was accom panied by hie Royal Highness the Duke of Cambridge, and attended by Colonel Bruce, Captain Grey, and a distin guished staff. After the regiment bad bran duly pa raded, sad the real formialoica had been gone through, Ida royal highness, on presenting the colours, said " Lord Melville, Colonel de Rotteaberg, end ofikeers end soldiers of the 100th Regiment, it is moat ratifying to me that, by the Qtl.oelidgrerioths permission, my first pub lic act lime I have had the honour of holding s commission in the British army should be the presentation of colotim to • regiment, Which 4 the spontasmons offering of the loyal sad spirited Canadian people, and with which, at their desire, my name ham been specially associated. The care modal In which we are now engaged poesemes a peculiar significance and solemnity, because in confiding to you fo e the first time this emblem of =litany fidelity and valour, I not only mortise emphatically your enrolment Into one mamal force, but celebrate en set which proclaims sod strengthens the unity of the various parts of this vast empire under the sway of our common sovereign. Al though, owing to my youth and ittexpetients, I can but very imperfectly give expression to the simaiments which this occasion is calculated to awaken with reference to yourselves and to the rest sad fiourishing province of Canada, you may rest assured that I shall ever watch the pewees and achievements of your gal lant corps with deep interest, and that I heavily wish you all hemmer and success in the prosecution of the noble career as which you have entered." After the ceremony the Prince of Wales left for Dover, where be arrived yesterday evening at half-pest .1 o'clock, to embark for Ostend, on his visit to Rome. His mei high ness was attended by Colonel the Hon. R. Bruce and .t dis tinguished suite. He wore the uniform of a colonel in the Guards. Mr. J. P. Knight, the superintendent of the South-Eastern Railway Company, was in attendant., upon the royal train. On the prince alighting from the state carriage the band of the 4th battalion 60th Royal Rifles, 'roil regiment supplied the guard of honour at the railway station, struck cep "God save the Queen." Hie roysl highness was received by Major-General Cranford, the com mandant of the gamine; Captain M' Dwaine. R.N., naval superintendent; Major Barnard, firmadier Guards; Cspt. Sreilhett the Mayor of Dover (Dr. Astley), dm. Every arrangement for the reception of the prince had been made by the superintendent of the station, Mr. Way. Thom was • large assemblage of spectaton, whose saluta tions were graciously acknowledged by the youthful prism es he walked, attended by the personages above named, t, Birmingham's Imperial Lord Warden Rotel. A posed of honour of the Bodford Militia was in attendance at the Lad Warden, and se his royal highness left the railway elation a royal salute was dimhaeued from the guns of the Drop Re doubt. After refreshment at the Lord Warden Hotel, Me royal Webers end err embarked at the Admiralty-pier he the royal mall padre Prince Fredrick William. Hia royal blether arras' by Captain Wllleabie, wee remind on board by Mr. J. M. Cburrhnerd, ant the WWI, In charge of Captain Bmilmet, amid fur Wald M 8 p.m. The Brussels papers state that the Prince of Wales will be present this (Toseday) ..sale; with the King of the Belgium and the myal fatally, at the performs:wen at the Threw. de la Mensal*. The Duke of Leeds has left the Clarendon for Hornby Cartle, e•ar Catterick, Yorkablve. The Earl of Radnor is receiving company at his sea., enloabill Hose., is Berkshire. Lord and Lady Elcho have left town for the New Part. Lady Granville Snmerset hu arrived at the St. Otorgeo Hotel. Anew;retreat. Lord and Lady Harriet Ashley an pawing the wawa st Bt. Oates, amiet, the slat of the Earl sad Comatose of Shaftsstary. Lady Maleeward; has left town for Tattoo Park, The FAA and Contuew Delaware and Lady Arabella Elerliville West are etayiag Ai Dover. Tb. noble earl is improving is health. Lord Stratford de Redclifte will shortly, it is npretsd, pay a silt to his brother. the Her. Mr. Cassias. as novae. The Viscountess Ehrington gave birth to a sal as alsdeies, as lb. 24'b olt. The British ltliniater, at the Belgian Court, was mated Is owletd audieueot by the Kier on Sunday. Lord Cowley has taken a tuite of apartments in Ike Fribourg 81. lloaorr, daring the progress at intim maks la the b obi d the Eaftsi *oboe,. LATEST INTELLIGENCE, AUSTRIA. UNEASINESS AT VIENNA. A correspondent writes from Vienna on the 7th : "The recent new@ from Lombardy occasions very great uneasiness. Hitherto the general public and the speculators at the Bourse had not taken alarm, but the news of the departure of the Archduchess Charlotte from Milan, the apprehensions of a rising in Lombardy, which are expressed by every military man who arrives from that country, and the rumours (less well founded) that the Archduke Maximilian was about to resign the governorship of the Lem. bardo-Venetian provinces, and finally the despatch of • large body of troops to Italy—have deeply moved public opinion. The six regiments of infantry which leave for Italy are the Proharker, Don Miguel, Belgian, Heine Etienne, and Lichtenstein. The two regiments of cavalry which accompany them are the Civilart Mains: and the King of Prussia's Hussars. Two battalions of Chaseenrs, six batteries of artillery, and a body of engineers, also form part of the expedition. In the army the rumours of war find kw credence than with the public. The mili tary do not believe that Piedmont will ever dare to attack Austria, and they are of opinion that a re volt in Lombardy would be put down at once. But the public, which has watched the turn of politics since the Crimean war, which has observed the course taken by Russia, and endeavoured to study the tendencies of European monarchs, is persuaded that there is danger of most serious complications." A telegraphic despatch from Vienna states that the 30,000 Austrian soldiers on their way to Italy have received orders to stop provisionally at Laybach. " Notwithstanding successive denial' in the minis terial journals," says • Vienna letter, " a general conviction prevails here that the government intends to contract a new loan of 100 millions of florins (260,000,000[r.). The money market is under the impression of this idea, as the loan is indispensable to enable the government to fulfil its engagement with the National Bank." PIEDMONT. In an order of the day, addressed to the national guards of Turin, by their general, on the occasion of the opening of the chambers, the following pas sage occurs: " May your presenoe here, and your fine appear ance under arms, be a pledge of your firmness, and a certain vritnees that on every occasion, and in every canoe, the nation may rely upon you. Viva the Statute! Viva Italia!" ROME. The Giornale di Roma states that on New Year's day, General Goyon and his staff went in state to the Vatican to pay their respect, to the Pope. The concluding words of General Goyon's speech on this occasion were as follows :—" In contemplating the majesty of your throne, we admire a temporal king, I and, what is more, the sovereign pontiff; the first exercising, like other monarchs, his temporal autho rity within the limit, of his state, an authority which we shall support with all oar might; the second, greater still, exercising his spiritual power over the whole universe, without any limit save that of the globe. We therefore salute in your sacred person both a temporal monarch and the noble and worthy successor of St. Peter." The Pope made a suitable reply in French. MARRIAGE OF THE PRLNCE ROYAL OF NAPLES. A letter from Manias, of Saturday, states : " This evening at 9 &clack the marriage by pro curation of the Duke of Calabria, the heredits , y prince of Naples, with the Prinvess Maria-Sophia- Amelia of Bavaria, wee solemnly performed with great pomp." The King of the Two Sic'lice hu provisionally settled au income of 160,000 ducats upon the Prince, expressing his intention to augment it whenever the necessity of an augmentation may be shown by experience, and more particularly in the case of his having issue (cello eoprarressienza di prole). When the present King was Duke of Calabria, his dotation was 600,000 ducats, but his 'Majesty has declared that he means to regulate the income of his son by the state of the treasury. AMNESTY TO POLITICAL PRISONERS. (IT AND BRITISH TELCO/APR.) paint 0171 CIIV2I Col NAPLES, MONDAY. The King left this city on Saturday. An amnesty is granted to 61 political prisoners, who are to be exiled. Poerio, Settembrini, &c., are among the number, and hope are entertained of other con ceasiors. THE AUSTRALIAN MAILS. (IT ILICTRIC TELIORATN.) (FROM OUR. OWN CORRE4PONDINT.) SOUTHAMPTON, TVLSOLT. Arrived the Teviot, with the heavy portion of Australian mails, forty-three passengers, and 68,7001. Her dates are :—Alexandria, December 27 ; Malta, January 1. Among the passengers are General Wynyard, from New Zealand, Captain Wynyard, THE GALWAY LINE OF PACKETS. The following has been handed to the British and Irish Magnetic Telegraph Company for transmis sion by Mr. Laver, of the Atlantic Steam Naviga tion Company : "GALWAY, TVISDAT MORNING. "The steam ship Circassian sailed for St. John's, Newfoundland, and New York this morning with 230 passengers and a valuable cargo. She also carries some important telegrams." A letter from Florence says :—" It will give you 'tome ides of the stabs of fermentation into which this country has been thrown, wham I tall you it has been forbidden to ory " VIVA VERDI," because it hem bees discovered that the initbda, otiebratad, and at the same Urns innocent, con tain a hidden nod pditiasl sense, nr, to speak clearly, the ulna's of " Vies Vittorio Emmenu•le Its d'ltalis." Prince Napoleon will leave Paris, it is said, for Turin, ost Friday. The correspondents of the Ink** lance Belgt dive fell credence to the etatement published ie yesterday's I:press—viz , of hie betrothal to the eldest daughter of the King of derdinia. One of them says that the marriage will take place within a mouth, mad that the newly-wedded couple will reside at the Petals Royal. The young prinrest is the daughter of an archduchess, and "Austrian blood will mingle once more with that of the Napoleons." The third son of the late General de Salles has enlisted as • private soldier In a regittiont of the line. Two other some of the general we already Wheels in the army. LAW INTELLIGEIs (TIM DAY.) COURT OF QUEEN'S BE 'teams is Bow is Mary Term.-03doi boil sad bufilles Wiettman sad 1 THE 1.11:1!EN 5. THE 111D1H-EleN CO In this owe, which was tried before Lord of s ittings at Guildhall, and in which a verd arbetandally for the prosecutor, who sought the ca Kn owles essistant in the Saddler's Compi Ur. , on the part of the defendant the finding of some of the banes Lord Campbell—This was a mandamus to to the office of assiatent in one of the Cit 3 good many years ago he was unanimously o ffice; be war sworn in, and served the offer a nd then, without being summoned or heard, 0 11 the ground that he had air-stated his p swims before he we, admitted. It is qu my that he was justly removed or that he be motored. Mr. Knowles—But I apprehend the coon wemptory mandamus to restore a person t De has obtained by fraud, I shall not oont missal at a meeting to which he was not e regular proceeding, but there are cues has existed in the mode of removal, and y said .` the party hr been guilty of miscoM not grant a mandamus." Lord Campbell—That may be a ground mandamus, but, u in this cue, the menden a return made to it ; we have no discretion, ft peremptory. Mr. Knowles said that at the trial it ws fall court to say how the issues should be fc Lord Campbell suggested that the cote should attend in his private-mom and tak the imues on which they could not agree, a either party being dissatisfied with his di might come to the fall court. Mr. Lush, who appeared for the proven no objection to that arrangement. Mr. Knowles also essented to it. Decision accordingly. In the coarse of the morning Mr. Rod (of the Chancery bar), and Mr. Hawkins pointed Queen's Counsel, were called WI took their seas amwedingly. PCULLY V. INCJILAM, NI.T Mr. Bovill, in applying for an enlargan lowed for making a motion for a new trial is action was brought by Mr. \lnca Mr. Herbert Ingram, M.P., for frauds that be wee the owner of the Castle I county of Cork, wher.hy Mr. Scully mid He put forward hie claim on two grounds been prevented enforcing' the payment of late John Whir owed bim ; and, second the advantages of the estate. At tl very little evidence to show hr could have benefited in any abate fraud, or what motive be could committing it. Tho jury found I plaintiff with 300!. dtmages. They twit and said they could not agree, and it all at least a whin portion of them, were that Mr. Ingram was an aooomplice fraud. . Lord Campbell—They stated the grog viz., whether if Mr. Ingram waa an to the plaintiff would be entitled to verdict Mr. Bovill—lt is quite clear the jury soy that there was any fraudulent lute* part of Mr. Ingram. Lord Campbell—lt did not appear tl personal advantages, but 1 apprehend t that he was engaged in this scheme w Scully. Mr. Bovill—lt is unneceseary for me of the question in this stage of the pn mama that the jury took the most nut Ingram's connexion with Sadleir. then Meted that the transactions in long ago as 1862 and 1853, and that at r was taken by surprise by the prod correspondence which he had ne had on opportunity of ersminin trial, the defendant applied for th papers of the late John With of Mr. Norris, his administrator; of mastery; and of Mame. Murrogh a ►n Dublin, with whom Sadleir had be that it was only on the sixth of the I had received permission to exam dafendant'a solicitors had already documents, and expected to find I wished for further time to continue order to show the importance of th application the learned (comet me ascertained that there .as an entry Munough and K. needy, in June, they had received instructions from I outline of the titleof the Castle Hyde sale to Mr. Dugan, and that be had i laid it before him. If that were cone time was dealing with the estate as bebelieved Mr. Ingram had purchased was at once amend of his ease. Mr. I before then, and abandoned all lute afterwards he had nothing whatever Lord Campbell—There was overt documentary and parole, to show th Mr. Ingram wee the owner of the a Mr. Bovill—l admit there woe cat entry be true, it is impoaaible to say Ingram wee the owner. I may rem this is a question of Mr. Inge* Against that gentlnnen, there's not regards his integrity, honour, and b Lord Campbell—tie was engage with John Sedleir. Mr. Bovill—But there wee not o his honour and integrity. All Mt to ask him some queetthas as to Sodleir. Lord Campbell—You bad better marks on that subject. There wt was not mixed up in those iravac Ingram stands in a most respeetal that his character was never hopes affair. Mr. Sarni—At the motion for pared to give explanations on reserve them until then, but at all ships to give uu an opportunity documents I have mentioned, be make that motion. Mr. Justice Wightman—ls the application as this, for postponini he the hope of obtaining addition Lord Campbell—lt is quite no , such an application I think we genus precedent. Mr. Bovill—The general rule must be made within four de:a c not inflexible. In the est reon Brunswick, you allowed the on lapse of two years. Lord Campbell—lint there ne of the period prescribed, on di that other materials may be d totter be contented with the int! Mr. Justice Wightman—You materials you have obtained wh Lord Campbell—You taken° Application refused. COURT OF (Before Dr. 1 Mr. Marks Geo . ;go of proenrataro-yentral exeman Then was no other Lorinen COURT OF B In consequence of the ono aim:sr Commissioner Fonbla the registnire die &Messed on We day's IA; Schlesinger stri Co., drysilli adjourned by consent until Linklater, repreeenied the ar. mitts, and Mr. lAxininee si the creditors. W. 1 . 4.8 °1' riimy-square, inward his et bar. March, phoning debt INSOLVENT I) IN THE MATTER or J This Insolvent, the stopplo ',POW to be admitted io LAI I Mr. Russell, s creditor, op The imminent wee b- tore Protection Act, when WA per he having bees a licensed ei4 Mr. /Lessen opposed, end insolvent Wes sawed to n 0 0tad keep him in prison he