The Express. — London, England, 1866-08-07 00:00:00

BENSON, J. W. by SPECIAL APPOINTBIXST to KILL the Prises at WALIL BENSON, J. W., PRIZE MEDAL, LONDON, Class SS. BENSON, J. W., PRIZE MEDAL, DUBLIN, cum io. BENSON'S SILVER PRESENTATION PLATE. BENSON'S SILVER PLATE, RACING NUM. BENSON'S SILVER PLATE, SHOOTING PRIZE& BENSON, OLD BOND -BMW, and WEST BOULMGROVI. BENSON'S STEAM FACTORY, Ludgate-hill. MAPPIN BROTHE RS. —Ratak)limbed, A.D. 1810. CHESTS of SILVER PLATE for the COLONIES, CUTLERY and SILVER PLATE for FITINISMITO. MAPPER BROTHERS, LONDON-BRIDGE. APPIN BROTHERS, 222, REGENT ,BTRICIff. :I and G. SAMPSON, Tailors and Outfitters, iv • 1 and 2, Princes-street, Leknorteraquare, W., keep an ineOrneollll Stock of PATS CLOTHING ready made. Boy. Knickerbocker &die Wara and Dress Sults Va. to 40a. enzaater Overcoats l4a. to Ws. Suitable for .11 ttmes GO AND SEE THE SHOW a 11It Id TROUSERS in the shop window, Outfitters, and select therefrom, at J. and G SAMPSON'S, 1 and 2, Primes street, L 111000431,00111111, W Tailors sad . AFTER WHAT 7—After Mellon's Promenade Canaria, IVANIT to lop. Ws shalt most there glie OWlire00• PIIIICIONIII. THis Immo, THE tigairoT CAPTAIN. Maim. Viola', and G. Hooey • Wanes Neilson, Amounts Thomson, mad Mrs. InteUog.—And QUIET LODGINGS. BILITANNLL Krzwriga, THE JOLLY DOGS OF LONDON ; OR TWO WADS OF LlF t—Mlis Lydia Latimer, Mr. C. Brown. & Z. Madam—Lad THE DUSTSLUM TAAL/SCAB ; 01, TIIOO AND TILE BOFFINS. HIGH WATER AT LONDON BIL/DOR 1 DAT —Morning, 106. 4 ARmsom, lib. 26m. To4Loasaw—Morning, OIL On Altmeacm 011. I. LONDON, TUESDAY, AUGUST 7. Tin half-yearly meetings of the London Joint- Stock Banks have just been held, and owing to the late crisis more than ordinary interest attaches to their proceedings. It speaks well for the prudence and skill of their management that, with one excep tion, they have passed unscathed through a period in which banking and financial credit was more rudely shaken than within living memory. It is very well known that the failure of Ovitamin, GURNEY, and Co. was followed by a partial run upon almost every bank in London ; but it was safely met, though not perhaps without much temporary difficulty, and the confidence momentarily withdrawn was speedily replaoed. Com paring the amount of deposits held by the joint stock banks on the 30th June last with the same period of 1866, the difference is unimportant. In some cases indeed there is a large increase. It is im possible, however, to draw a fair comparison, since half of the banks do not discriminate between their deposits and liabilities on acceptances. The latter item is necessarily uncertain, and fluctuates often by millions at a time. That is to say, it may and does happen that the acceptances out of a single bank will amount to one million in one half-year, three millions in the next, and perhaps two millions in the third. Taking, however, the liabilities in the aggregate, the totals stand as follows : LIABILMES, INCLUDING ACCiPTANCI3. 1865. 1866. London and Westminster £20,537,389 ... £22,298,454 Union Bank 18,908,606 ... 19,424,531 London Joint Stook London and County Animas 2,651,299 ... 1,636,156 City Bank 4,972,463 ... 5,408,837 Consolidated Imperial Metropolitan and Provincial 513,718 ... 469,355 £86,103,696 ... 285,575,569 It will be seen that upon a total of eighty-six millions last year there has been a decline of little more than half a million, and probably this dimi nution would disappear altogether if it were pos sible to compare the deposits alone. For example, five of the above banks which give the required details return the amounts as under : 1865. 1866. London and Westminster £19,552,177 ... £21,024,211 London and County Alliance 1,751,203 ... 1,141,982 Consolidated Metropolitan and Provincial . 468,988 ... 438,844 £36,228,267 ... £36,370,674 In this table an absolute, though small increase is shown, notwithstanding a falling off of half a million in the Consolidated, which is easily ex plained by the events of last May. It is only just to add that whatever mistakes have occurred in previous management no bank now stands higher than the Consolidated in the estimation of the public. The London and Westminster has been the chief gainer. Many of the new accounts which have lapsed by the stoppage of the Agra and Masterman's and Bank of London have apparently been taken either to this institution or to the Bank of England. Turning to the question of available assets, it will be seen that, as regards the two items of cash and Government stock, there is in most cases a decline. Subjoined are the amounts shown in the last reports : CABE AND GO' OR OCARANTZED STOCK. 1865. 1866. London and Westminster £4,106,732 £6,059,179 Union 4,802,412 Landon Joint Stook London and County Alliance . 2,047,370 .. 3,750,097 .. 525,657 873,311 1,186,838 956,743 1,297,013 . City Consolidated 280,009 181,087 Whatever decrease that has occurred is never theless to be attributed to the sales of stock dur ing the crisis. The actual amount of cash held is generally larger, and notably so in the case of the London and Westminster and London and County. The banks have, of course, been obliged to strengthen their reserves of funds in hand to meet the demands that might at any moment be made upon them. The annexed summary shows the amount of actual cash held this year and the last : Metropolitan CARR ONLY. 1865. 1866. £1,617,319 ... 443,464,467 2,828,534 . . 2,813,973 1,027,370 ... 1,191,769 2,630,887 3,032,612 446,938 ... 422,77 7 661,100 ... 560,953 1,174,277 . . 1,044,202 242,159 ... 294,016 121,997 ... 148,480 London and West minter... Union London Joint Stook , London and County Alliance City Imperial Metropolitan THE EXPRESS, TUESDAY EVENING, AUGUST 7, 1866. We wish that we could consider these totals as representing money really available in hand, or as the Bank of England. A large portion is repre sented by deposits at call, which of course should not be considered as cash in hand, but rather in the light of short loans. The strength of this objection was fully experienced by bankers when the failure of OvmND, Guratrxy, and Co. was announced. It seems strange that the system should not be discarded now that it has proved so untrustworthy. Private persons may reasonably employ their spare funds in this manner, but there are grave reasons against bankers doing so. The London and Westminster afford a good example in announcing, through their Chairman, that the whole sum reckoned in their accounts as cash is either in their own till or at the Bank of England. Omitting the distinction, the following is the relative amount held by each of the banks, affording, it will be observed, some very wide discrepancies : PIELCZNIAGE or CASH AGAINST LIABIIITINS. June 30, 'MK lase London and Westminster 8 Union ls London Joint Stock 5l London and County Alliance l7 City l3 CansoWaked 27i Imperial l 7 Illetropeliten 2 1l _ _ _ There is little more to add to these figures. The joint-stock banks have passed through a period of severe trial, worse than could have ever been anticipated, either by friends or oppo nents. They have successfully borne the ordeal, and remain with undiminished capital and undi minished credit. One of the number, it is true, has been obliged to suspend payment, but this is a solitary exception. The manager of the London and County Bank, an establishment especially assailed by the unscrupulous rumours prevalent in the past half year, remarked that the institution he represented had in common with others expe rienced a period of difficulty unknown within the memory of any living man. The truth of the statement is undeniable. Equally so is the fact that by good management—conspicuous in this instance—and by that alone the evil has been fairly met and fairly overcome. party of action would rise to power., and endeavour to excite the revolutionary element in Austria and Hungary. OUR CONTEMPORARIES. (THIS DAY.) ITALY AND GIIIIIANY. The war-clouds, obser►es the Times, which are rapidly clearing on the side of Bohemia hang dill omin ously on the southern slopes of the Alps. Between Austria and Italy no armistice has yet been signed, but simply trace of eight dam which expired on the 2nd, and has been prolonged till the 10th. Negotiations are at this moment being carried on, but should their endeavours prove fruitless, there is nothing to prevent a fresh out break of hostilities. Austria will sign no armistice until the Italians withdraw from all Austrian territory not comprehended within the boundaries of Venetia. The wish for a prolongation of the contest in this instance is evidently on the part of Austria. The Times considers that it would be a wise policy on the part of Austria to rid herself of this last subject of dispute between herself and Italy. The occup►tion by a foreign power of the valley of the Adige down to the Lake of Garda, that key to the great gate of Italy thus left in the hands of a hostile neighbour, constitutes • perpetual menace to the new Italian kingdom. It is a certain source of future wan. The recent victories of Garibaldi and Medici in the Tyrol, far from smoothing the difficulty, have only added to it, by encouraging, on the one side, the hopes of the Italians, and, on the other, by arousing the wrath of Austria, who, anxious to retrieve in the south the losses sustained in the north, has lately poured no less than 90,000 of her very best troops into the valley of the Adige, and is unlikely to listen to a word either of peace or armistice till she has driven the intruders out of the dis puted district. The " rectification of frontiers," se stipu lated in the preliminaries now under discussion in Paris, lends itself to a twofold interpretation. The Italians hope to draw their line in Tyrol at that point between Trent and Botzen where the two nationalities come into contact near two villages bearing the significant names of Mezzo Lombardo and Mezzo Tedecioo—the point through which Lord Palmerston proposed to draw the frontier line during the pourpariers of 1848 ; but Austria insists not only on the whole Tyrol down to Rive, but even on • part of the Friuli on the side of the Isonzo frontier. It is clear that if any dispute arises on these grounds the Italians will be left alone to settle it, for Prussia will hack the Italians in no other claim than that on Venetia, and Italy most assuredly cannot count on any sympathy on the part of either the government or the people of Francs. The recal of Baron von Kubeck, the representative of Austria and the president of the late German Diet, from Augsburg is, says the Daily News, all the notice which the visible dissolution of the once famous Germanic Bund is held to require. As long as the band lasted there was an excuse for the foreigner to interfere in the affairs of Germany. France and Russia have in turn affected to fear the power of the band, and have arrogantly forbidden Germany to seek a more efficient organisation of its political and military force than the consti- tution of the confederation supplied. That is all changed by the rapid victories of Prussia. The states south of the Maine are now little better than so many molecules in the neighbourhood of a mighty mass which will act upon them with the whole force of its at- traction. Count Bismarck is, after all, acting wisely in using his military advantages for the purpose, before all things, of building up the power of the Prussian state, treating the introduction of the southern governments into the new confederation as a. matter which belongs to the second order of political interests. In the opinion of the Daily News, the Emperor of Austria will have enough to do to retain the allegiance of his German subjects, and is not likely to interfere with the new order of things established in Germany. The speech of the King of Prussia will greatly strengthen his position. It is con. ciliatory to the constitutional party, which gains from the crown at the moment of its triumph an acknowledgment that its past policy is not legally defensible, and that the government meet seek from the representatives of the people an act of indemnity for its trespasses. This will be granted, and constitutional government will be restored. The contrast just now exhibited in the attitude of the three powers so lately engaged in active hostilities is, in the view of the Telegraph, • striking one. Austria, vanquished by one of her antagonists but not by the other, is reduced to sullen acquiescence in the will of the oonquerer, but would feel no re luctance in avenging her defeats in the north on the heads of her enemies in the south. Italy, unsuccessful in securing the end she desired by her own arms, chafes at her toms& inaction, and is more than willing to recipro. cote Austria's inclination for a renewed struggle. Prussia alone of the three has gained her objects, and now retires to consolidate at home the material gains which the cam paign has procured for her, The Telegraph apprehends a renewal of hostilities between the two former powers, but thinks the true interests of both states should bid them pause, and not allow envenomed grudges or unsatisfied desires to mar the prospect of peace. The mere doubt, observes the Star, th►t Italy may still be exposed to the possibility of war against Austria aingle ksnded almost forces to the conclusion that the allianee with Prussia is practically at en end. If Prus sia should, after all, desert her chivalrous and magnanimous ally it would be the worst spectacle of per fidy which the civilised world has ever witnessed, and one which would completely obscure the glary of am rapid career of victory. In Italy, the Star regrets to tor there are actually hopes that the negotiations will h a d to no result, and require a reopening of the campaign. The nation is in the worst of all moods for accepting reasonable terms—she mourns over defeats without being convinced that they were other than mere accidents common to all warfare, and not at all con clusive as the relative strength of herself and her mortal foe. Should hostilities be renewed,theStor believes that the MISCILIANSOUIT SUBJECT& Referring to the answer given by fir J. Pakington in the House of Commons to lrr. Craves—namely. that the list of ships in the reserves is " • vary short one," that the reserves see "by no means in • eatisfactory con dition, or, indeed, in such • state as he had a right to find them," that " the Admiralty have greet difficulty in find - 1 ing relief for the ships that return from foreign servioe," the Times observes that for the last eight years we have been " reconstructing" continually, until unsophisticated 1 people might be excused for thinking that Britannia ruled the waves more imperiously than ever. And now we find • First Lord of the Admiralty, with official dignity to main , tain, and official obligations to bind him, declaring that we really have not ships to send to sea. Sir John Peking ton is admitted by everybody to be at least a straightfor ward man ; he is not likely to speak without thinking, or examine without coming to a reasonable conclusion. When he speaks on this subject he has good means of judging and every inducement to be accurate ; and the Ttmes im plicitly believes him. If the Admiralty Department was an Augean stable, Hercules was supposed to be at work, and soon not • tr►ce of the refuse would be left. But it is now evident that the mismanagement during the seven years of the late administration must have been greater than at any previous time. On the whole the Duke of Somerset and Lord Clarence Paget have had things all their own way. They have been supplied with enormous sums yearly almost without question in the House of Commons, and without criticism from the press. We now see the consequence. The Tines fully believes that the business of the Admiralty has never been more mismanaged than during the late administration, and it is now time that a searching in quiry and a thorough reform be made. The waste, the confusion, and the jobbery, that reign in every dockyard are beyond belief. Numbers of vessels that are certain never to go to sea are kept for no other purpose seem ingly than to spend money upon, and to keep up • horde of useless dependents on the public purse. The House of Commons must exercise an interference more powerful, direct, and stringent than it has ever hitherto attempted, or this gigantic national evil will never be overthrown. The first thing to be done is to in- sist that the whole of the useless vessels should be sold or broken up, and that the British navy should cease to b e • sort of Chinese imposture and become a reality. Commenting on Dr. Shirley's plan for • new college for men of limited means who wish to become clergymen, the Post expresses its doubts as to the wisdom of launching into the ministry • large supply of men of narrow fortunes, or no fortunes at all, until there is some clear prospect of their being better provided for than is now possible. If the patrimony of the church could be brought under the action of public opinion, and be made amenable to public criticism, it would do more good than any new col lege. But while two-thirds of the best livings are in the gifts of irresponsible persons, merit can have no chance ; and if so, the prospects of those who have nothing but _ _ merit to help them forward are poor indeed. The Post would not discourage any praiseworthy effort to found a new college, but if its 'pliability is to be cheapness, quietness, order, good tuition, steady reading, and freedom from debt, it cannot help saying that it is no credit to either university that a new college should be required before those good objects can be attained. Wirt Court. OSBORNE, Aueose 6. The Queen walked in the grounds this morning with Princess Louise. Prince Leopold and Princess Beatrice went out also. To-day is the birthday of the Duke of Edinburgh. Sir Henry Lytton Bulwer has left Osborne. The Queen will hold a council at Osborne on Thursday. The Hon. W. A. Henry, Attorney-General of Nova Scotia, bad an interview with the Earl of Cimarron yes terday at the Colonial-office. Despatches were received yesterday at the Colonial- office from the Governors of Canada and Heligoland. SUDIVIN DEATH OP THE MARQUIS CAMDEN, K.G. TUNBRIDGE WELLS, MONDAY, 6.30 T.M. The Marquis Camden was found dead in his bed this morning, about 8 o'clock, at his seat, Bayham Abbey, near Tunbridge Wells, from natural causes. Mr. Star ling, his medical attendant, was sent for, and pronounced life to have been extinct for some hours. The Earl of Brecknock, now Marquis Camden, on his wedding tour, is expected this evening from Cowes. The deceased nobleman was born on the 2nd May, 1799, and was consequently in his 68th year. He succeeded his father in 1840. He was married in 1835 to Harriet, eldest daughter of Dr. Murray, late Bishop of Rochester, and leaves issue two eons and eight daughters. His eldest son, John Charles, Bari of Brecknock, M.P. for the Brecon burghs, was married only on the 12th ult. to Lady Clementine Spencer Churchill, sister to the Duke of Marlborough, and had not returned from his wedding tour. The late marquis was president of the Kent Archie*. logical Society, and on Thursday and Friday last presided over its annual meeting, at Ashford, with his usual ability and urbanity, and apparently in excellent health. Ile was also patron or president of several other societies of a scientific and philanthropic character, and did much by precept and example to forward the movement for the improvement of the dwellings of the agricultural labourers, for whose social, physical, and spiritual welfare he always displayed the utmost concern. The late marquis was greatly beloved and respected in the county of Kent, as well as in the higher circles in which he moved, and his unexpected death will be much regretted. The Marquis and Marchioness of Drogheda have arrived at Plymouth in their yacht Cecile, and have gone to Pencarrow, Cornwall, on a visit to Lady Moleswortk. The Earl and Countess Russell and Lady Georgians Russell left Pembroke Lodge, Richmond-park, on Saturday, for Eudaleigh Cottage, the Duke of Bed ford's seat, near Tavistock. The Earl and Countess of Portsmouth have left Cataldi's Hotel, Dover-street, for Hurstbourne Park, Hants. --- The Countess (Frances) Waldegrave and the Right Hon. Chichester Fortescue arrived in town yester day from Strawberry Hill, Twickenham. and to-day leave on a visit to Lady Molesworth, at Pencarrow, Cornwall. Subsequently the countess and Mr. Forteecue go to the Priory at Cheirton. Abbot, Somersetshire, where they will pass the autumn. The Right Hon. W. R. Gladstone, M.P., and Mrs. Gladstone have left their residence on Carlton-house terrace to visit Lord Lyttelton at Haigley Court, Worces tershire. --------- We have to announce the death of the Hon. Fleetwood John Fellow, brother and heir-presumptive of the present Viscount Exmouth. He died on the 2nd inst., at Eastbourne, at the age of 35. The deceased gen tleman married, in 1860, Miss Ferguson, youngest daughter of Mr. Thomas Ferguson, of Greenville, county Down, Ireland. _ _ _ Mr. Seourfield, M.P., and General Bouverio have left Brown's Hotel We are enabled to state (says the Doh lin Smiling Maff)that the Lord Justiceahip of Appeal has been offered to the Right Hon. Abraham Brewster. Mr. liddullph has given notice that he will this evening ask the Secretary of State for the Home Depart ment if he can state definitively whether any measure is likely to be introduced for the purpose of compensating those persons who inclined hoses from the rinderpest be fore the Compensation Act was passed. Mr. P. A. Taylor will this evening ask the Secre tary of State for the Home Department whether his at. Nation has been called to a report of a decision by Mr. Knox at Marlborough-etreet in a ease of violence proved to have been exercised by a policeman against a person not inside, nor seeking to enter, the park ; the summons having been discharged with these words—" Do not blame the constable who has given on a chance blow, bat blame those who turned loose the scum and refuse of the town on the peaceable inhabitants." Tae VACANT Sae or MANE.—We (Dublin. Evelsiotp Mtn!) an enabled to state that the Bishopric of Meath hu been offered to the Rev. fieninel Botcher, D.D., Regina Profeceor of Divinity in the University of Dublin. EXPRESS FROM PARIS, OWN OUR OWN oosaseroiDnre.) PARIS, MONDAY MIMIC M. Drcrayu de Lhuys presided to-day at the distribution of prizes at the Sorbonne. His speech, elegant and not too long, was listened to with peculiar attention because some forty years ago the present Minister of Foreign Affairs carried off the first prize (priz d'honneur) which he now awarded as the alter ego of M. Duruy, the Minister of Public Instruction. M. Drouyn de Lhuys committed himself unreservedly to the laudation of that classical education in colleges which several bishops have opposed and which during the reign of the now exploded system of "bifurcation," invented by the late M. Fortoul, was under a cloud. He insisted that to-day, as much as in the time of Rollin, the beat discipline for a youth d'ilite was the study of the ancient languages and the constant reading of the great writers of antiquity. On this point he said the church agreed with the universities, Oxford with the Sorbonne, and Northern with Southern Germany. He could find no serious conflict on the subject. In the foL ' lowing passage, the only one at all political, the Minister for Foreign Affairs took an opportunity to I illustrate his thesis by a compliment to the author of the " Life of the Caesar " and the mediator of Nikolsberg : - - Why seek far back examples of the benefits of classical education ? Have we not before our eyes a living proof of the truths I am demonstrating? Amidst the events which threatened to overturn Europe a tutelar genius ap ron, and, soaring above the dorm, restores serenity : Ceisa sedet arcs Sceptre tennis, mollitque animas et temperat inks. In whet school was formed this calm and vigorous mind? Was it initiated into the art of governing men and things by deep study of the annals of antiquity ? Did not the pen which has just traced the preliminaries of peace write the " Life of Ciesar r Happy the young prince who finds at once a model in the acts and a lesson in the writings of his august father, and is thus prepared to show to the generation of which you are the ancestors, Quid mess rite, quid indoles Nutrita taustis sub penetralibus Poe& In conclusion, M. Drouyn de Lhuys encouraged the laureates of the Sorbonne by confidently pre dicting that in the future, as for the last sixty years, the prize list would contain by anticipation the names of generals, judges, administrators, and savants. His modesty probably prevented him from adding—ministers. The first prize of the year was awarded to M. L. le G. Widner. It is remarked that the King of Prussia's speech appears in the Moniteur in small print, and re quires looking for among news of small importance. It is that of a sovereign who feels himself master l of a great situation. The expectation of a further , extension of his power than that secured by the I immediate treaty of peace is clearly expressed. The France mentions a rumour that the Prince of Wales intends to be at Deauville races incog. M. Roses, the Brussels publisher just convicted' of a libel on the Emperor in the Femme de Cesar, is a Frenchman by birth, naturalised in Belgium. He refuses to give up the name of the author. The Bourse was almost empty. The settlement of July made so many victims that few people have courage to speculate for the moment. The conversation among the thin groups present turned uponthe failure of some dozen petty bankers and the large sacrifices made by the house to enable certain brokers to meet their differences. The subscription for the new Algerian company, formed in pursuance of the Emperor's recommendation after his visit to Algeria and called the Societ4 Generale A lgerienne, was opened to-day. It found very little favour. " Button up your pockets" is the motto for the present. There is abundance of money in the banks ; but the money does not come to the Bourse. Rente fell 10c. for account, closing at 89fr. 10e. ; for cash there was no change. Italian rose 55c., closing at 52fr. 45c. There was scarcely any change in other securities. A cashier of an agent de change is said to have committed suicide. The total number of bankruptcies pronounced by the Paris Tribunal of Commerce during the month of July amounted to 182 ; a higher figure than has been seen for a very long time. Several journals of Berlin announce that M. de Bismarck, who was honoured with the title of Count at the conclusion of the war against Denmark, is about to re ceive new distinctions from hie sovereign. He will, it is said, be named Duke de Lauenburg, with en 'panne which ought certainly to be very oonsiderable, if it bear any proportion to the extent of territory which the Prime Minister is at this moment annexing to Prussia. ------ - - The principal editors of the Brussels journals, the Echo du Parlemma and the Jackpot(lance, have just been condemned each to two months' imprisonment and 200 fr. fine for having fought a duel, on the 20th June lest, although neither of the combatants waa wounded. GENERAL Gsimst,ni. The Italian journals publish the following . order of the day issued by General Garibaldi :—" Creto in Pieve di llono, July 29. The volunteers who, oontrary to their duty and without legi timate motives, are absent from their respective corps without being furnished with a regular permission, must return to their poste within three days. Those who do not comply will he indicated ea deserters, that they may be arrested and sent before a court martial.—Gsaisaun." Tax DUKEDOM OF CHATELHERAULT.—The Mar quis of Abercorn, whose family name is Hamilton, has just brought before the French Council of State his claim to the title of Duke de Chatelherault, held by the Duke of Hamilton, and which was originally conferred in 1548 by Henri 11. of France, in favour of James Hamilton, Earl of Arran. Tag TRANSATLANTIC TELECLAPII.—The Courrier du Harre sets forth a striking result of the laying of the Transatlantic telegraph. It says :—" New York is situated nearly 76 degrees of longitude west of Paris. The earth in its daily rotation travels through 360 degrees in 24 hours, from which it results that every 15 dwrem to the west of the first meridian placed at Paris is one hour later. When it is noon at Paris it is only 11 o'clock at 15 degrees to the west of that city. And as New York is 76 degrees to the west of Paris it follows that it is seven o'clock in the evening at New York when it is midnight at Paris. Suppose, then, that a great edifice in Paris—the Opera, for example— takes fire at a quarter past twelve at night on the lst of September next, the event is immediately telegraphed from Paris to New York, and is dated, ' Paris, a quarter put twelve at night, Ist September.' The news arrives at New York, let us Bey in two hours, to make ample allowance for interruptions, h t .; the despatch, dated Paris, let September. arrive* at New York at a quarter - past nine in the evening I of the 31st August, so that a New York manager could sp. par on the stage, and after the three customary bows could thus express himself :—' Ladies and Gentle , men—l am sorry to have to inform you that the I Opera at Paris has been destroyed by fire three hours after the present time. Our director has just transmitted to his Paris confrere his condolence on the disaster which is going to happen to him.' More over it will no longer suffice to indicate a date and say, ' Such a day and such an hoer ; it will be necessary to add ' time, at such a place.' Thus the clerks of the new telegraph office take care to add to the communications exchanged between the two continents the express men tion : time at Paris, or Greenwich, or New York, or Wash. LU 2II7W TO IMLALE AN OWELETTIL—A young num was arrested in the Ace de le Ferronnerie, Paris, a few days since, for an extraordinary freak while under the in- Auenee of drink. In passing before a dealer's shop he suddenly jumped totes basket at the door containing frees 200 or 300 ens, and, after smashing them to his utrt's content, be called out, " That is the way I make an ome lette ; now bring me a frying-pea !" The owner, however, called • aergent-de-ville, who took the man away to the polies-station. Tna SIINILIIN ITALIAN VNESZUL—Adrioes from Trieste Mate that divert are getting up articles from the vesicle of the Italian fleet which were sunk, and that many objects have been brought to light. One was a case of table marke4 with the cipher of the King of Italy, and supposed to be a present made by tits Sovereign to Admiral Penman A box., cased with iron, contained amongst a mass of pajoers a voluminous correspondence of the admiral with the Ling and various personages of Importance. LATEST INTELLIGENCE. THE FRENCH PRESS ON THE KING OF PRUSSIA'S SPEECH. The 114 bats of to-day, commenting on the King of Prussia's speech on the opening of parliament, says : The language is that of a sovereign proud of having brought a most difficult enterprise to a successful termination, but who is not so inflated by victory as to assume the tone of a master. We now know the real meaning of the constitutional con flict in Prussia which, in the entire ignorance in which people were kept of the projects of the King and his minister, presented the appearance of a gratuitous and meditated attempt to establish a personal government on the rains of the national representation. These projects evidently were too much in the nature of a conspiracy to allow of their being proclaimed in the face of parliament. Count Bismarck required a numerous and well-organised army to carry out his designs, and when the Chamber, with that persistency which is characteristic of Germans, refused him the means, year after year, he could not tell them ' what he wanted that army for. It is doubtless to this situa tion that King William refers in that passage of his speech where he represents the conduct of the government as an absolute necessity demanded by the interest of the State. We have no intention of justifying such conduct. We are satisfied with finding the historical explanation of it. It is certain that Count Bismarck and his master embarked without consulting the nation in a most perilous enterprise. It succeeded, but it might have failed, and in that case a fearful responsibility would have fallen on those who pro jected it. Sumas, however, makes people forget and par don many things, and it is not likely that the Chamber will show itself intractable in the presence of scam plished facts which have so much contributed to the aggrandisement of Prussia. The govern ment on its side, having no longer anything to conceal and : no design to carry out without the co-operation of parlia ment, has no longer any reason for renewing internal conflicts which would alienates large portion of the people. On the contrary its interests would lead it to satisfy the liberal aspirations of the peoples whom it is about to annex; and the beet way of doing this is to show that it is liberal at home. Everything leads to the belief that the struggle for influence in Germany will take place on liberal principles, and that the eyes of the peo ple will be turned in that direction from which they think the good for which they long will proceed. This even appears to be felt in Austria, where those journals who have still some freedom of opinion left consider that the establishment of constitutional and parliamentary government is an indispensable condition of the regenera tion of the Empire. The Sack says : It is already of good augury to see the chief of a great State on the morning after a great victory bowing before the sovereignty of the nation and soliciting a bill of in. demnity for illegal acts accomplished without the antece dent consent of the nation. The Temps says : The speech has produced a general feeling of dissatisfac tion. It is of the ultra-Prussian type of stiffness, more remarkable for what it leaves to be inferred than what it announces, and in which we look in vain fora trace of liberal sentiment. We know not what effect it may pro duce in Germany, but we do not hazard too much when we say that it will not enlist the sympathies of Europe on the side of Prussia. The Aeenir National says : What first strikes us in the speech is the complete silence which it keeps on the subject of the French mediation. It seems to us that some sentences, though merely of simple politeness, would not have been out of place under the circumstances. Perhaps his Majesty of Prussia is only waiting for the official sig nature of the treaty of peace to express his gratitude to the Cabinet of the Tuileries for the result of its mediation. The speech contains a singular confession, namely, that the King has governed for three yews against the law, and he now ants the chamber to put an end to this kind of dictatorship by granting a bill of in demnity. It is not likely that this will be refused, for error admitted is already half pardoned. (itsramit's Tumults.) PRUSSIA AND SAXONY. DRESDEN, Acorn? 7. The Dresden Journal of to-day says :—"Nothing is known in well-informed quarters respecting any intention on the part of Prussia to impose contri butions upon Saxon towns, as alleged by several German papers." The same journal announces that special nego tiations for peace are about to be opened between Prussia and Saxony. AUSTRIA. MUNICH, Acucar 7. Austria has withdrawn her troops from the Bth Federal Army Corps. The Austrians will pus through this city to morrow or the day after. DEATH OF GENERAL MUTIUS. BRESL.ttr. AUGUST 7. The Silesian Gazette of to-day announces the death at Austerlitz yesterday of the Cavalry Gene ral von Mntius, commander of the 6th army corps. RUSSIA. ST. PETERSBITAG, Avaver 6. Great enthusiasm prevails in reference to the approaching visit of the American squadron. The Russian fleet has gone to Helsingfors to meet it. The principal bankers of this city have sub scribed thirty millions of francs for completing the railway from Koslov to hiorschansk. The cholera has considerably diminished. ST. PETEBSBURG, AuGun 7. • The South German States have renewed their endeavours to obtain the intervention of Russia at the Court of Berlin, but the imperial government has not hitherto made any engagement to that effect. The old Russian party is very active in the de fence of Russian interests in the Danubian Princi palities. The Czarewitch will set out at the end of the week on a visit to Moscow, Novgorod, Kasan, the Cossack territory, and other parts of Russia. HUNGARY. PESTH, Arrover 6. M. Klausal, s leading member of the Desk party, is deed. Several political arrests were effected to-day by the military here and at Buda. ROME. ROME, AvoosT 6. At a secret coniiirtory held to-day, the Pope con. firmed the nomination of several bishops, including the new patriarch of Antioch. Baron Hubner, the Austrian ambassador, has left for Vienna. SPAIN. MADRID, Acorn 6. The Court will leave for Zaraus on the Bth. The Governor of Barcelona has ordered that smugglers shall henceforth be tried by court martial. Liszarr or sass Palm me FILUICIL—We learn with regret, says the Side, that another severe measure has been struck at the prem. The Association, an inter national co-operative joarrod, has been seized to-day. It contained excellent articles by MY. Horn, Tartaret, Davand, Payre, he. Will not the authorities think it right to explain the cause of such severity ? The Bulletin de Paris, the semi-official character of which is generally admitted, narrates the following brief dialogue between Baron Ricssoli and Prince Napo leon :—" The Prime Yinixter—Yonseignenr, either the Tyrol and Istria, or my resignation. The Prince--lion gear le Baron, either the signature of the armistice, or Italy abandoned by Frames sad Fremi►" The armistice was signed. EXECUTION AT STAFFORD.-(THIS The Let dread sentence of the law e a into effect at 8 o'clock this morning, a t s taff , ""ntl body of William Collier, aged 35 y aws , 6 'I tie who resided at Whieton Eaves. near Cheadle, i a t Staffordshire, and who was found pilt s t ths - "" Staffordshire amines, of the murder et 6 tleman named Thomas Smith, the eld ss tZ" Na. gentleman, who resided on his own estate y.G 4 The murdered gentleman was only 23 ye ws d yea much r e spected in the neighbourhood et t i c' He was known amongst the peasantry e s the squire." He lived with his father, who was this the manor, helping him to farm and manage tu l i p tent of land belonging to him. The particulars of the murder may be told ve ry They are as follows :—At sunrise on the m sn 6, 4 sth of July, Mr. Smith, jun., went to a , near to his father's house, known as the Mash p i for the purpose of watching for poachers. A s h s return to breakfast, his father became slam* comparded by one of his servants, went in weak, Upon coming to the spot where the young 6 64 ,, habit of staying when guarding the cover s , y r. son., found his son's leggings, and also a piece d which, spread upon the grass, served for • little further on the servant picked rep his , hat riddled with shot. In the band ther e Iry rose, which the unfortunate young man hel mud on the previous night. Deeper in the pludens s , almost covered by the ferns and brambles that peat profusion there, the dead body d ceased warn disoovered lying in • pe s t d The back portion of the head had ben ' in &terrible manner, apparently by some hairy , strnment ; and scattered about the gran near is h were picked up several pieces of the stock of a pik pin locks, and a broken trigger, with also a ranni, meal of the trees near were examined, and skeet* shots were picked out of the bark. Up to th,,, Collier was not suspected. Whilst the 11G ems : ing the wood he remained in sight, woe i a ,„7; fields of his small farm, and taking no linnet u fist usual proceedings going on so near him. Bib, however, he was observed by the wife of one of t' servants to go in the direction of a ditch ia fields, carrying something under his arm, and tu sk , to time casting furtive glances on either side. Di m , told her husband of what she had wen, saA petting that all was not right, went to the ss of the ditch, and found the double-barrel af a r off at the stock. This gun was identified as the to Collier, and, upon comparing with it the el fli and ramrod found in the wood, they was , respond exactly. Collier was then arrested. Be reply to the charge, and made no remark whoa la showed him several spots of blood on his chal l i s& the magisterial examination the prisoner maingui ti reserved demeanour. When on his trW at ed.', manifested only little emotion. He trollies* wad i it tired of the proceedings, notwithstanding th a t e r to him a matter of life or death. Every now I however—and this was especially the ease idea Taylor read his report as to the analyes blood spots on the prisoner's clothing, sat the father of the deceased was pi ! : evidence, Collier appeared interested, and, etty from the chair with which he was egoressir leaned forward apparently not to miss • word of , said. After sentence of death was passed the, man, who had received with folded arms sal lips the inte llig ence of the horrible award turned hurriedly from the front of the diet, twitching nervously, as if he was oreoneaolisg I =only by a severe effort. A few days mite condemned to die he took farewell of WNW is a respectable publican at Cheadle) sad hisr seven children. As may be imagined, the I was mole heartrending ; subsequently, him convict recovered in a great mews the posure which has so characterised kin / was a catholic, he was attended by the Ilw. O'Sullivan, the recently-appointed catholic eivelits. pot. It is understood that he confessed his Most, is rev. father. He also made • statement I. de did warder of the gaol, in which he acknowledged hi eel and the justice of his sentence. The crowd present at the execution Pits we* vis not so large as usual. The rain had pas all night, and doubtless prevented manj Potteries from undertaking a pedestrian ford. The hangman was Smith, of Del As Collier died the crowd hooted formalities of the banging had 4 twice, and when the drop first fell the head. The convict's confession was wan) victim twice. to •gum ; the Back ph i Len. a o i ts ne eat ia esarvid young m a v. , • coves, L . as° • *se of • I f or • reefing pa o , up his y aws 1 there woe a n had data the plat e * ambles that p a body 0 / the 4 • pool d 4. 4 had bea t t ook some hem • gran nest swh ut dock of a p ot t dh also a maw& I fled. sad sheet* ark. Up t o di, t the polies sow W°rl d g no infant ia do t sr him. Bsh, ife of one of Ea ta t of a ditch hea d s is arm, sad ben it either side. Tata had Sea, went a as n o -barrel al spo u t atifted as del hat ith it the Pim I l i' they Weft hatip I arre sted. Be emark wan a o t, on his =i p gamer his trW at %la Le (rogues* met, istandang that la n Every now at a k the case who a Pea the to clothingsat a ted Ira ghig rested, and, ta doo wee ascanneast e miss a word d din a pared wasa 3rd arms ad tugual ible sward of boat t of the do*, a a oramsadieg by A. few days after led rewell of la kola* eadle) sad ids Oh el magined, the hlaw mluentlY, Immo' t manse the • cteriaed Ida At Is cd by the lw. Cot d eatholie ebllient' poured donimili 1 many peeve a tie man joaraey le thi Dudley. I his avaansast to be tue the Tele al* romplete ; le eYi TED VICTUILLI 'TURBANCI DAY). de, deputy rut Tuna, of Yr. James J. Do A the duns', I victualler, lei yr rro. On the Alti led Dons Mit mg the muunem put Mahoney. let dt ley both fen, eat a. The desulg r maid that he nil I Mahoney &INN t used violent Imp that KAMP' was in • gent Pli„ aud the anP " I will me lY mud etniek. that he was obi it There wen WO issue of the liar' on the enfeebled he •loolOod met" . he bad no 3 wan telt him. It re was a diderosente rt Christmas mallet r. SODDEN DEATH OA A LICENSI THROUGH A BAR DISTI INQUEST.-THIS . This afternoon, Mr. Richards, held an inquiry at the Prince Albert place, Poplar, relative to the death of aged 46 years. Mr. James Brown, son-in-law of that the deceased was a licensed victualer, landlord of the Prises Albert Tavern. 0 , the Ist Instant • man named was at the bar drunk and annoying ceased got from behind the bar to put house, and a scuffle ensued. They police came in and separated them. plained of pains in his heart, and sal' ilk He died in twenty minutes. If the place even after the scuffle, but . Richard White,l2,orehard-place, not ye drunk, but the deceased was When deceased had hold of Mahoney, commenced the latter cried out "1 Davis." Witness did mot see deceased Mr. F. H. Ward M.R.C.S., said that I the deceased, and found him dead. Th of blows on his person. lie had disease he died from the excitement acting Dennis Mahoney, a respectable.' fag been duly cautioned, said that wards the deceased and never struck °eased who laid hold of him. There' a glass whith had been broken last deceased wanted witness to pay for. The Coroner having summed up, The jury, after some deliberation, retwasd seed "That deceased died from diverse of the hes/tea g d his death was accelerated by a disturbance a t the hr l the Prince Albert, and the excitement cmoill thereon." GMAT CONFLAGRATION NEAR EDGEIIII.—PII 1 Dar.)--This morning, between 1 and 2 o'clock, MOO ere broke out in the premises of Mr. A. MuddeS s= gentleman, situate at Hyde, near Edgware. TIE after seizing the whole structure, which wee 01 MMAN leg and 30 wide, extended to a brick and heti' lug, 40 feet long, belonging to Mr. 0. corn-chandler, and also to a small dwelling's.* w longing to Mr. Tew, who lodged on the e state. 11411 could not be exting uished until the premises id 'sae, it commenced were destroyed. The stores of M r. together with their contents, consumed, and tits sin of Mr. Tew wag also burned down. The erilo diameter is unknown. Mr. Tew was uninsured. ltr.'"" was insured in the Manchester Aim It is set loess whether Mr. Madden was insured or not. BRADFORD AND THE ATLANTIC CA TO. dbli day morning a large meeting of the inhstatamte ford, convened by the mayor on a numerueeir t /0 entially signed requisition, was held in the . so that town, to consider the desirableness of gratubdory memege to the President, as As o people of the United States, on the con . graphic communication between Great Brines as American continent. The mayor (Mr. J. P. cupied the chair. Two resolutions were uns lied. The first, which was ordered to be through the local American c o nsul to Preoideet was as follows :—" That this meeting rers:; miss of the attempt to connect Great United States by telegraph, believing that the union of the two countries will conduce to • het., ledge and kinder regard for each other . am' it will also facilitate and promo te • firing now guarantees for peace, sum and contributing to the prosperity o'="1 TZ lTess sefoond resolution ordered that in the moldier following message be transmitted by the Atlantis/alb " The President.—Bradford, in town's meeting, later the American President and peoplo on the a meat of telegraphic intercourse between the 014_1*""" New Worlds , to the great trading, 6 ,t,,...aM1 of both.—(Signed) J. V. Corfu x ' Mayor." f °"I tlemen who woke in snprort of the resolutions MO.' Rev. J. P. Chown, Mr. IN m. Band. Mr. Aileriose LO° Mr. John Robinson, Mr. C. Storey, Mr. A. and Mr. 1t... A committee was appointed to °•", the object of the reeoltitiosu. on DzA tu r r s day lll,o ,ll ll: . RjotraffiseffotaAeT, 08,:C011000,0105-0,-.13s; inquest at the Union-house on the body_ A ' 4 l o 7 sub-wntraetor, about fifty years of ega Pm ee "lol intemperate habdts, and, with his wife, had boot for several months. On the 22nd ult., why of intoxication, ha lay down near a brick•kils et His clothes clothes caught fire, and, to extinguish the* le into • 5. sod was subsequently found is 0 . , in nudity Serpent Smith, bed him rsmo.__ surgical capital. On the taws* Tussle 0 ' from the hospital whilst suffering from On Thursday Be wee admitted into the union, vw. on Friday night last from the effects of becolut d i . „ previous intemperate habits. Verdict , im e ywr , effects of accidental barns whilst in a state tom."—Leeds Mercury. This ono Theme' no ocorril donnorul. pliostioo thi sitting Mr. Reel The Con already be released ILI and finding would dulj under the Order ac John Mi Alderman Anise Fit the wheel —age I Chaplin as Moos oven Thames-ati was going the *vet The lateen into the nee horse Witness it to him. I was token Aldenni take bail. Goorge 1 11, Drapes William Draper's Williaml about 9 0 ' and some The °onto but did n shot. It /UMW. The def • I;ofe he pulled the he wee to piateL Ftederi. or the em but instep eouteate c Lee. The de there yea Mr. ll'l the 00411 p pistol, bu ao the eel the street 2s. 6d. of Cornelia The dei paAeri Den di 1 ey.• Folios previous fruit in musing • d bee, Is w•• in es defend' s] poor littl fi•rcee court yui The de was sour Mr. Fl id:notion The de is.lew. Mr. Fl eautioah ansound the &oh A IX Crows have hi Rapti Kr. J street? litr. I smitten wards a Cspti his mom wools. said he sad he had am zing for lOU mews 1 rebut Mr. &turd, ♦ POL Gera com a , Mrei torbeto based to be q with h primal Mr. ~ijht itr. 1 Aoc DAT.)- the nek Aosta% yrbre avo-knoit noftd o and th In dui intend was r it e: •• I 14.41j 611 embed Played rtkßezo Mom dible