The Express. — London, England, 1866-07-02 00:00:00

"r"TqW THEA B C RAILWAY GUIDE for JULY, Price 6d. Now ready.—W. Tweedle, 337, Strand. BENSON, J. W., by SPECIAL APPOINT MENT to H.H.H. the Mote of WALES. BENSON, J. W., PRIZE MEDAL, LONDON, Clue 33. BENSON, J. W., PRIZE MEDAL, DUBLIN. BENSON'S JEWELLERY for BRIDAL PRE SENTS. BENSON'S GOLD JEWELLERY for MOLItN- BENSON'S DIAMOND JEWELLERY. BENSON, OLD BOND-STREET, and WEST HOU B-GR.O V E. BENSON'S STEAM FACTORY, Ludgate-hill. JOHI BROGDEN. ORIGINAL GOLD CRAIN MANUFACTORY, 113, HSNRIETTA-STREET, COVENT-GARDEN. JOHN BROGDEN'S 18-carat GOLD CHAINS. JOHN BROGDRN'S GOLD GUARD CHAINS. JOHN BROGDEN'S GOLD ALBERT CHAINS. JOHN BROGDEN'S GOLD BROOCH CHAINS. MURTLIS, TURTLE, TURTLE. -IL Ow, 'Mak, and Invalid TURTLE SOUPS Mims ready. BT. JAMES-DALT., REOZ27T43THEET, PICCADILLY. WM. DONALD, Proprietor. LONDON must have a SUPPER and MUSIC ROOM for Gentlemen.—Remember. we watt for you at YVANIr." atter the Covent Gerdes OW* end the Thosine. the erin`tlo. TO OORRESPON DENTS. evertisanents intended for The Express," Landes Evening Paper mast be at the Office, 10, Bouvericatreet, by Two o ' 'o:k on the day of palliation. KAYMAS.ICIT. 'mai Minim A ROMANTIC ATTACHMENT. DAVID GARRICK. Masora Bothern, Blackstone, Chippendale, Roger 4, Clark, Coe, &c. lira Chippendale, £c.—WRD DUNDREARY BIABBIAD AND DONE FOIL—And A KISH IN THE DARK. BRITANNIA. ME EVENING, MR DOWNFALL OF PRIDE. Meeseßey nolds, Drummond, and /*mood Mesdames Yarnold, Ma'an . Miles, and Miss Mary Booth.—Joe Lund, Madame Razusder & Master Z. Senders—THE DEVIL'S PUNCH-BOWL HIGH WATER AT LONDON BRIDGE. THIS DAYZilornini4ll: 7 3sni ---- AlternOOr: 4b. To-Momow—Morning, sh. 13m Afternoon. bh. LONDON, MONDAY, JULY 2. A nAJORITY of the Directors of the Bank of England appear determined to show the world to how great an extent a close corporation is capable of alighting the public interests. Week after week they persist in maintaining their rate of discount at 10 per cent., with a sublime disregard for the remonstrances of suffering commerce. If the whole body of merchants, bankers, and other traders were consulted throughout the kingdom, hardly a single voice would pronounce in favour of the present extraordinary course of the Bank. The position is the more inexplicable since, except in the most sordid sense, there is no object whatever to be gained. Certainly, if we are to understand that the policy of the Bank is conducted on the principle of making the utmost possibleprofit, and of pitilessly exacting the very last shilling as the price of an assistance which, during the existing pressure, is obtainable from the na tional establishment alone, the matter becomes simple enough. Thanks to the Government letter, the Bank have the power of causing an immense amount of financial distress elsewhere, without inourring itself the slightest approach to danger. People who read in the news papers that Messrs. ROTHSCHILD or BARING can get money at 6 or 7 per cent., and that other eminent mercantile houses discount their bills freely at 9i, or at the most 10, per cent., are unaware of the misery that is borne by the small trader. To him, the Bank rate at 10 per cent. for nearly two months does not mean inconve nience, but absolute ruin. The majority of the Directors of the Bank, however, care little for such insignificant sufferers. There seems a strange fatality about the Bank Charter Act of 1844. Whilst it was nominally in force this prominent specimen of bad legislation inflicted an incal culable amount of mischief, and now that it is virtually got rid of the evil is perpetuated by the perverse incapacity of our financial administrators. The most significant feature in the last weekly account of the Bank is the increase of 200,0911. in the Government securities. In the week pre viously the increase was 50,0001., and before that 285,051/., making a total of 535,1421. It may appear singular that the Directors should de termine to invest so large a sum in securities yielding less than 311 t per cent., while they could profitably employ it at 10. Possibly, how ever, it was considered desirable not to let the reserve increase too fast, lest the agitation for a reduction of the rate of discount to 8 per cent. should become irresistible. If such a movement were to take place, the present monopoly practically exercised by the Bank in the disoountmarket would immediately cease. Sooneror later the relaxation must come, but, as a matter of business, it is as well to defer it as long as possible. Certainlyit is a bad plan, as regards money-making, to revive confidence when an uncommonly good thing can be made out of its absence. If the above £535,000, instead of being locked up in Government securities, had been added to the reserve, the amount of the latter item would have been raised to not far short of six millions, and the bullion standing at over fifteen millions, the maintenance of the rate of discount at 10 per cent. and the prolongation of the present distrust would have been simply impossible. The public would have been reassured by this change from the gloom of the past month ; but then, so far as the Bank is concerned, gloom at these times may. be made to pay. Doubtless we shall be assured that the policy of the majority of the Directors of the Bank has been actuated by no such motives as these, but rather by high considerations of the stability of the in stitution over which they preside, and by a lively interest in the financial position of the country. Be it so. We are content to accept the excuse, although it implies a serious reflection on their want of judgment. It is impossible to escape the alternative suggested by this admission. Surely the majority of the Directors should be capable of perceiving what is thoroughly well known by every trader in the City, great or small. Can they not understand that a reduction in the rate would be the surest means of increasing their reserve, and of inspiring confidence both at home and abroad, so that commerce should once more proceed on its usual footing I It is a notorious fact that the drain of gold abroad is mainly due to the dis trust caused by the maintenance of 10 per cent. Gold is taken from us, and why 4 Because foreign bankers will place no confidence in English bills. They naturally argue that with the evidence of monetary pressure shown by the Bank A 4 'I4IE'EXERESS, . MONDAY EVENING, JULY 2, 1866. rate even the best houses cannot safely be relied upon. As regards ihir . Continaut l i we are in fact reduced to a position something like that of Italy. Bills on that country are almost unnegotiable, owing to the suspension of cash pay ments and disorganization of the currency. Here the Bank rate of 10 per cent. produces a similar though less aggravated wantof credit. Attempt toe,onvince a foreigner that the late crisis has worked itself out, and that if additional mercantile disasters are to be feared they will have no national eßect, and are no proof of unsoundness of trade, and his answer is simple. He points to the present action of the Bank, and naturally argues that he cannot be far wrong in basing his opinions upon those of our leading financial authorities. It is clear, for example, in his mind, that the Bank apprehends some further serious ill, otherwise it would not, strengthened as it is now, continue those extreme precautionary measures which were adopted in the worst times of the panic. Hence the steady efflux of bullion from London to Paris, notwithstanding the difference in the respective rates of discount in the two cities of 6 per cent. A reduction of the Bank rate would also liberate a vast mass of notes which are now hoarded to meet some vague impending evil that may possibly arise from the continuance of the present pressure. We repeat that if the majority of the Directo►s fail to dis cern these circumstances, they must at once be blind to the signs of the times and deaf to the counsels of the more capable minority of their colleagues who have vainly tried to convince them of their error. It is very hard upon the commercial world that, after passing through a crisis which for in tensity has been unparalleled since 1825, it should still be doomed to a protraction of unne cessary suffering through the feebleness of the very persons who have received special powers to alleviate the difficulties of the time.lllThe regrettable fact nevertheless exists that at nu time in its history has the management of the Bank been so generally and justly condemned. Every step in the crisis has been marked by weakness and indecision, and an entire incapability to perceive when the ordinary routine should in the interests of the public be departed from. It is a very serious matter to find that a body of men chosen from our highest commer cial firms act on principles and show an intelligence which differ only in a slight degree from those of a workhouse guardian. As in the latter case, it will require but little more for the public to cry out for Government interference. The commerce of England is of far too great importance to be ever again at the mercy of a few bigoted doc trinaires. The action of the Bank during the last six weeks must precipitate that inquiry into the whole state of the currency system which for years has been seen to be inevitable, and is espe cially requisite now. The management of the present Directors, or at leant of the majority, must also come under review, and if their proved inability to deal adequately with times of national evil ends in a different constitution of the Bank, they will only have themselves to blame, and the nation will express satisfaction for the change. OUR CONTEMPORARIES. (THIS DAY.) Us been 613,008/., so that but for this one item of the incomebe revenue Amid hare shown an increase iii the q of nearly 700,0001. The annual produce et • fourpenny tax now appears to be about 5,777,000/. The increase on the revenue of the quarter is pretty evenly distributed. The revenue from the excise duties in the quarter has been 5,144,000/., or 279,0001. in excess of the corresponding quarter of 1865, and the revenue from customs' duties has been 5,271,0001., or 93,0001. in excess of 1865. The abolition of the timber duties occasioned a loss to the customs' revenue ou the quarter which has just elapsed of 77,000/. ; the equalisation of the duties on wine in wood and in bottle caused another loos of 14,500/., and the abolition of the duty on pepper was equivalent to an abandonment of 28,000/. in the three months. These items amount to 119,5001., and the sum to be taken into account for the tea duties. in comparing the two quarters of 1865 and 1866, is at least as much again. If we take 240,0001. as the amount of revenue formerly received from customs' duties, but abandoned in the June quarter of 1866, and add to it the actual increase of 93,000/., it would appear that the duties now remaining on our tariff produced 333,0001. more in the three months ending June 50, 1866, than in the three months ending June 30, 1865. The Times observes that this result is a striking illustration of the good policy of levying duties only on a few articles of general consumption, instead of attempting to make every parcel imported a source of income to the exchequer. The excise duties lag but little behind the customs' duties, and in the twelve months just ended they have yielded the unparalleled sum of 30,067,000/. Though it would be premature to speak with any confidence of the results of the year 1866-7, after the experience of only three months of it, the Times thinks we may at least say that the receipts of the quarter which has just expired promise a fulfilment of Mr. Gladstone's anticipations of the revenue for the twelve months. Citt Court. WINDSOR CASTLE, JO3lll 30. The Queen, with Princess Helena, drove in the Home-park yesterday afternoon. Her Majesty, accompanied by Princess Helena and Princess Beatrice, drove in the grounds this morning. Princess Louise and Prince Leopold also went out driving. JULY 1. The Queen, accompanied by Princess Louise, drove out yesterday afternoon. Princess Helena, attended by Lady Caroline Barrington, visited the Duke and Duchess d'Aumale at Orleans' house, Twickenham. The Queen, Princess Helena, Princess Louise, Princess Beatrice, and Prince Leopold, and the!Ladies and Gentle men in Waiting, attended Divine service in the Castle this morning. The Hon. and Very Rev. the Dean of Windsor officiated. A deputation of ladies, consisting of the Hon. Mrs. Locke King, Lady Louisa Bernard, Miss Russell, Miss Cle mentine. Locke King, Miss Jane Vernon-Harcourt, Miss Layard, Miss Knowles, Miss Harvey, Miss Peto, Miss Nugent, and Miss Acland, had the honour of being received by the Princess Helena at Windsor Castle on Sa turday afternoon, to present her royal highness with a Bible, and the following address which was, read by Miss Nugent : "To her Royal Highness Princess Helena Augusta Vic toria.—Madam,—No words are needed to convey to your royal highness the assurance of our loyal attachment to every member of the royal family, and of the affectionate interest we take in all that concerns their welfare. We venture, however, on this occasion to approach your royal highness with special congratulations on the happy event so soon about to take place, and to request your gracious acceptance of the offering we are permitted to pre sent to your royal highness in token of our duti ful regard. In asking your royal highness's accept ance of the accompanying copy of the sacred volume, may we be allowed to express our earnest hope and desire that, with each advancing year, this treasury of divine wisdom may more and more become your companion in joy, your support in sorrow, your ' counsel in times of perplexity, and your guide to everlast ing life—so that yon may at last receive a crown of glory that fadeth not away.' We rejoice to think that in enter ing on a new sphere your royal highness will not be obliged to sever all those earlier ties which you have cherished with such affectionate reverence, especially during the season of domestic bereavement with which our beloved Sovereign has been visited. That every bless ing for time and for eternity may attend your royal high ness and the prince to whom you are about to be united, is the prayer of, Madam, your royal highness's moat humble servants, " Mary DAUGHTERS OF THZ UNITRD KINGDOM. " June 30, 11160." Her Royal Highness, in accepting the gift, replied as follows :—" Accept my warmest thanks for your beautiful present; it is meet valuable to me in itself ; but it is ren dered still more so by the kind words with which you have accompanied it, and by the proof thus given that you, daughters like myself of our dear England, can appreciate the feelings which bind me to my native land and to my beloved mother, and can sympathise with the joy that fills my heart to think that it will still be my happiness to live amongst you." The deputation then retired. Her Royal Highness was attended by Lady Caroline Bar rington and the Master of the Household. The number of subscribers for the present was as toi letry :—From England, 6,190 ; Scotland, 564 ; Ireland, 784 ; Wales, 240 ; India, 2 ; Constantinople, I ; Italy, 4 ; and New York, I—total, 7,786. The Princess of Wales, accompanied by her Majesty the Queen of the Belgians, took a carriage drive on Saturday. Professor Fittig and Mr. Schulz had the honour of per forming on the zither before the Prince and Princess of Wales, at Marlborough.house, on Saturday. The Prince and Princess of Wales and the Duke of Edinburgh, with the Lady and Gentlemen in Waiting, attended Divine service at the Chapel Royal, St. James'., yesterday morning. The Communion service was read by the Rev, the Sub- Dean, the Rev. C. Parke, and the Rev. It. Harvey. Anthem, " Plead thou my cause" (Mozart), sung by Masters Warner and Coward; Messrs. R. Barnby, Mon tem Smith, and Lawler. Mr. Goss presided at the organ. The sermon was preached by the Rev. R. Harvey, from St. Matthew, c. 21, v. 3. The Duchess of Cambridge attended the service. Despatches were received on Saturday at the Colonial office from the Governor°, the Falkland Islands Despatches were sent to the Governors of the West India Islands, Canada, British Columbia, Vaoouver's Island, and the Bahamas. The Right Hon. W. E. and Mn. Gladstone left town on Saturday afternoon for Cliveden, on a visit to the Dowager Duchess of Sutherland. VISIT OF THE PRINCE OF WALES AND THE DUKE OF EDINBURGH TO THE TRINITY HOUSE.-(THIS DAY.) SWEARING IN OF THE DUKE OF EDINBURGH AS MASTER OF THE CORPORATION. This afternoon his Royal Highness the Duke of Edinburgh, who was re-elected Master of the Trinity Cor poration at the annual court on Trinity Monday, will visit the Trinity-house, in order to be sworn in before the full court of the Elder Brethren. In the even ing the Trinity Corporation give their annual entertain. ment at the Trinity-house, Tower-bill, for which extensiv e preparations have been made. His Royal Highness the Duke of Edinburgh will preside as chief of the corporation, and among those present will be his Royal Highness the Prince of Wales, the Ring of the Belgians, the Duke of Cambridge, his Serene Highness Prince of Leiningtn, and many of the eminent statesmen who are honorary elder brethren of the corporation. Covers will be laid for upwards of one hundred. Their Royal Highnesses the Prince and Princess of Wales honoured the Lyceum Theatre with their presence on Saturday last. Hamlet being performed by special request, for Mr. Fechter's benefit, and last night of the season. Their Royal Highnesses the Prince and Princess of Wales will honour the Turkish Ambassador and Madame Musnrus with their company at a ball to-night at the Turkish Embassy. The Prince and Princess of Leiningen and family have arrived at the International Hotel, London-bridge, from Bavaria. The Earl and Countess of Derby had a dinner party on Saturday evening at their residence in St. James's-square. Among the guests were the Princes Edward of Saxe-Weimar, the Earl and Countess of Wilton, the Earl and Countess Stanhope and Lady Mary Stanhope, the Countess Vane, Count Alex. Apponyi, Viscount Newport, Lord and Lady Churchill, Lord John Manners, Hon. P. A. and Lady Constance Stanley, the Right Hon. Sir Robert and Lady Emily Peel, tic. Later in the even ing the countess had an assembly, which was very numer. stay and brilliantly attended, upwards of 500 of the aristocracy and members of the House of Commons being present. The Earl and Countess of Clarendon received at dinner on Saturday night, at their residence in Grosvenor• crescent, the Manage/nem (Dowager) of Normanby, the Earl and C,oemteer of Tankerrille, the Countess Cowley and Lady A. Wellesley, and a select circle. - - THE MARRIAGE or Psincsas Thus/ea.—lt is understood that the sacred ceremony which is to unite her Royal Highness Prince.. Helena to Prince Christian will be performed by his Grace the Archbishop of Can terbury, who will probably be assisted by the right rev. the bishop of the diocese and the Dean of Windsor. As is now pretty generally known, the manage will take place in the pnvate chapel within the Castle. and the hoar for the ceremony will, ea in the case of Primer Mary, be just before noon. The gentlemen of the Chapel Royal of St. George will be in attendance. Every exer tion has been put forth by the officials in the Lord Cham berlain's department to accommodate the illustrious visi tors in the private chapeL The space will, however, of necessity limit the number or those who can be present in the sacred building. The wedding breakfast will very likely be laid in the Music-gallery of Waterloo-ehember, an apartment well known to the public, and capable of holding • numerous company of guests. The royal pair after their union will, it is said, proceed to Osborne to spend the honeymoon, but Frogmare-house is to be their future home. Prince Christian is expected to reach the Castle daily, while preparations are being made for the reception of the King and Queen of the Belgians, who are expected to arrive at the palace to-morrow. Thurs day, the wedding-day, is to be kept as a public holiday at Windsor. THE NEW ADMINISTRATION. The oonaervative journals are sanguine in the expectation that by Thursday the new government will be completed and the writs hued. The Herald plainly says that perhaps with one or two exceptions the administra tion will be composed of members of the opposition, and amongst them will necessarily be found many of Lord Derby's former colleagues. The premier of the two last conservative administrations will of course be First Lord of the Treasury, and Mr. Disraeli will retain the position of Chancellor of the Exchequer and leader of the House of Commons. Lord Stanley will go to the Foreign-office. Lord Cranborne will have the presi dency of the Poor-law Board, and Sir S. Northcote will go to the Board of Trade. Mr. Gatborne Hardy will be in all probability the Secretary for Ireland. Mr. Adderley is likely to resume his old position at the Educational Board, and Mr. Ward Hunt will take office as financial secretary. According to the Post, Lord Clarendon was pressed to join by the " highest authority." The Marquis of Lans downe has declined on the plea of health, but at the same time has made it known to the new government that they shall have his fair support ; and this tone is taken generally and frankly by the whig statesmen to whom Lord Derby has applied. The woolsack will again be occupied by Lord Chelmsford, while the posts of Attorney and Solicitor-General will be respectively filled by Sir Hugh Cairns and Mr. &mill. The Home Department will be undertaken, as we under stand, by Mr. Henley ; the War by General Peel, sad the Colonial by the Earl of Carnarvon. The Marquis of Aberoorn is spoken of as Lord Lieutenant of Ireland, and Lord John Manners as First Commissioner of Works. It is said that the Duchess of Wellington, Lord Sydney, and Lord Alfred Paget will retain their posts at court, and that Lord Henry Lennox will be appointed Treasurer of the Household, and Lord Sandwich Master of the Hounds. Sir Bulwer Lytton and Sir John Pakington will be raised to the peerage. According to the Tdegraph," a noble lord of high rank, whose family was in the last generation associated with the most consistent liberalism," lent his mansion on Friday for a special meeting of the Adullamites, and strenuous efforts were made to secure some of them in the new go vernment, but the attempt was altogether a failure, even Lord Moho refusing. The Standard says, however, that this refusal of office is not a refusal of support, and their aid may be counted upon in suppressing all factious at tempts to injure the ministers. The Standard does not at all despair of yet seeing Mr. Lowe in the councils of the conservatives. We glean from the Times the nature of the obstacle which prevented the most prominent of the Adullamites from entering the newesbinet. The single condition it seems was that Lord Derby should not be the coalition leader. For a liberal to join his government would be, it appears, not to enter into a new alliance which necessity might demand and patriotism justify, but to pass under the yoke and surrender at discretion to a great and powerful antago nist. In a coalition it is absolutely necessary that the chief should be one whom both parties can serve under without exposing themselves to the imputation of having forfeited their own respect, or sacrificed their honour ►nd consistency. The Times supposes that other considera tions must have overborne this particular one, and hints at the prejudices of Lord Derby's supporters, and of those perhaps whom he wished to incorporate with them. It is remarked in the Daily News that Lord Derby has done his best to discredit his own government before it has even come into existenoa. By seeking aid from without, he has admitted the insufficiency of conservative states manship to secure the confidence of the House of Com mons and of the country. Overtures which it was an act of humiliation to make have been met by the further humiliation of a distinct rejection, on grounds which are equivalent to an indirect reproof. His proposals have been declined as dishonouring to the objects of them. What, in that case, they were to their author we leave it to esimists to determine. TBII REVINIII. The quarterly abstract of the gross produce of the differ ent branches of receipts up to the 30th of June, appears this morning in the columns of our contemporaries. The amount of revenue actually received in the quarter which has just expired is 17,463,664/., the amount in the corre sponding quarter of the last year having been 17,549,520/. There is thus nominally a falling off to the extent of 85,8561., but, in point of fact, there has been a considerable increase in every existing branch . of revenue. In the June quarter of 1865 the income tax was levied at the rate of tid. in the pound, but in 1866 the rate has heel oily 4d., and the diminution of receipts due to this change THE WAR. The Times sums up the general results of the separate and desultory engagements which took place in the latter part of last week in Bohemia, coming to the conclusion that if it were Marshal Benedek's intention to oppose the Prussian column. as they advanced singly through the mountain passes, or to prevent their junction on the plain, he has failed, and has now only one way of restoring the fortunes of the Austrian empire, and that is to crush the enemy, if he can, by one decisive blow. The battle be tween the whole forme of the two great powers ought to be imminent, and King William and Count Bismarck, who were yesterday at Reichenberg, have probably timed their movements so as to have an opportunity of witnessing the great contest which is for ever to settle the question of Prussian or Austrian supremacy over Germany. The armies will be nearly matched ; the oombatants belong in a great measure to the same race ; their temper, their discipline, their proficiency in all the recent improve ments of the art of war are nearly equal. The artil lery is said to be perfect on both sides, and any advantage accruing to the Prussians by the pecu liarity of their arms is probably counterbalanced by the excellence of the Hungarian and Bohemian horse. The Times finds it difficult to foresee what the next move of the Italians can be, anti says the defeat of Cas tors& seems to have crippled the movements of the volun. teem, and condemned Garibaldi himself to inactivity. The Daily News remarks that the difficulty in which the attentive reader ia placed by the contradictions between the Austrian and Prussian account, is one that was not felt either during the American war or in the Italian war of 1859. After a battle between Federal, and Con federates it was always possible to make out who had gained the day, although our information came exclusively from New York. We expect to find the victorious and the defeated generals variously using the art of "putting things," but we expect them to represent the same facts, and not to report the retreat of an oppo nent when the only thing doubtful is whether the forces of the general reporting can venture to bivouac on the ground. Pains spent in discussing the bearings of facts which are themselves so doubtful would be thrown away. All we can do is to wait and see which aide is compelled to give ground. THE INTENDED REFORM DEMONSTRATION THIS EVENING. Copies of the following circular are being exten sively distributed throughout London to-day : " The Reform League invite the men of London to meet in Trafalgar-square, to-night, Monday, July 2, to up hold Gladstone and Liberty' and Vindicate the Right of Public Meeting.' Chairman, Mr. Edmond Wales, M.A., President of the Reform League. The men of Holton will meet in Ho:ton-market, ►t 7 o'clock ; and the men of Clerkenwell at half-past 7, on Clerkenwell-green, and walk in a body to the meeting, preceded by a military bend." OPEN-AIR REFORM MEETING IN BIRMINGHAM. On Wednesday next an open-air meeting, under the auspices of the Birmingham Reform League, will be held in Birmingham, when a large number of the trades unionists are expected to be present. The meeting will be addressed by a number of local speakers in support of the principles of reform. It is expected that the place of assembly will be Congreve-street. ITALIAN VIEW OP A TORY MINISTRY. The Na-ione of Florence says : There is a movement abroad in Europe which is un favourable to the conservative spirit, and the cabinet of St. James would be unwise if it sustained principles against which the unanimous feeling of all civilised nations revolts. It is not credible that Lord Derby will put for ward principles which are outgrown and used up, and make a political programme out of them. The best proof of this is that the office of foreign affairs is to be entrusted to Lord Stanley, who, though the eldest son of Lord Derby, instead of obstinately adhering to the anti-pro gressive traditions of old toryistn, has always studied and followed the advance of public opinion, has often dis pleased the conservative party by his speeches, votes, and measures, and who, by his excellent views on Canada and church rates, ban procured for himself the name of a •' social reformer." The Etvile dot Nun, is to be repeated on Friday at Covent Garden, the other operas announced being Faust e Marghersta (to•night—last time); Don Giovanni (to-morrow night); the Africaine (Thursday) ; and Luereia Borgia (Saturday). Robert le Diable (first time) is announced for Thursday, at her Majesty's Theatre, when a new singer, Mdlle. Celestine Lavini, will make her debut in the cha racter of Alice, the Princess being assigned to Mdlle. de Murska, Bertram to Herr Rokitansty, and Robert to Signor Team Selections from Li/tore/4 Der Freiockatz, and La Sonnaw.beta are to be given at the last morning performance, on Friday, and on Saturday Seniirantide is to be performed for the first time this season, with Mdlls. Titiens as Semiramide, and Madame Trebelli Bettini as Arsace. The fortifications at Hurst, at the mouth of the Solent, are still progressing. It has been estimated that they will cost twenty millions sterling. They are of enormous magnitude and strength. The lea wall, • quarter of a mile long, is being built of gigantic blocks of granite ten or • dozen tons weight each. The fortifica tions will be armed with about thirty Armstrong 300 pounders, each gun costing between 3,0001. and 4,0001. Many are of opinion that a few of our old ships of war iron plated and moored at the mouth of the Solent would be as effectual as the Hurst fortifications. The fortifications on the opposite side of the Solent, which cost about two milhons 'of money, are pronounced to be useless. They are built of brick, which would be knocked to pieces by heavy gene, so that artillery men could not live in a fort built of such materials. The long-pending Banda and Kirwee prize money case came to an end on Saturday. The judgment delivered by Dr. Lnshington was printed, and fills 79 pages of a blue book. The point at issue was, bow far troops employed in military operations are entitled to share in cases when not actually present at the spot where the capture was made. The judgment disallows all claims where there was no legal "co-operation." The amount of booty in volved is 450,000 f., besides interest for several years. Rev. A. P. Peabody, D. D. , Professor at Hamad College, has sailed for Europe to attend the meeting of archaeologists at Antwerp, and to make the tour on the Continent. He will also visit the Holy Land, intending to be absent about eight months. LATEST INTELLIGENCE. THE WAR IN BOHEMIA. The accounts from all quarters to-day concur in the opinion that a great and decisive battle is on the eve of being fought in Bohemia between the Austrians and Prussians. The obstinate firmness with which the partial encounters of the last week were conducted—in which both parties claim the victory—indicates the temper in which the approaching great battle will be fought. The inaction of Benedek is explained in the mili tary circles of Vienna by the resolution which is attributed to him of delivering battle on a grand scale on ground selected by himself. The Menuoiai DiplomatiTte says that Benedek has got with the most extensive powers, authority to keep his plan of campaign in the most complete secrecy, and that the ministers themselves are ignorant of his operations. He has under his command six corps d'armde, amounting to 350,000 men, of which only two have taken part in the late battles. Colonel Wimpffen, who was made prisoner, was severely wounded, as was also Colonel Huniadi, son-in-law of the late Austrian minister Count von Buol. The Vienna Gazette publiahea the following telegraphic despatch from Marshal Benedek to the Minister of War: Headquarters, Josephstadt, June V, 8 Evening. The 6th Army Corp, which received orders on the 26th to march from Opocno to Skalicz, was attacked at half. pest Bby the Prussians, who were posted on the heights of Wisokowo and Wenzelsberg. After an obstinate contest of three hours and a half duration, the 6th corps attacked these heights, and re mained victorious along the whole line. About noon the Prussians renewed the attack with fresh and superior forces but were repulsed by the fire of the reserve. The 6th corps then took up the position which had been assigned it at Skalicz without further annoyance from the enemy. THE FEDERAL-AUSTRIAN ARMY. The Federal army now around Frankfort consists of 24,000 soldiers of Wurtemburg, 16,000 of Baden, 12,000 of Hesse Darmstadt, 10,000 of Hesse Cassel, 7,000 of Nassau, between 3,000 and 4,000 of the smaller States, 1,000 of Bavaria, and 15,000 of Austria, making altogether 89,000. The Saxon army, 30,000 strong, have joined the Austrians in Bohemia. The Ba varian army of 60,000 men form a distinct corps by themselves ; and it is thought they will enter Saxony with a view of striking at the Prussians in the rear. If to theaebe added the 350,000 which are sup posed to be under the command of Benedek, the Austro-Federal army in the field amounts to the enormous number of 529,000 men. THE WAR IN ITALY.-THE AFFAIR AT CAFARO. The following appears in the Frankfurt Jounial, dated from Comsat), June 27 : A regular corps and 600 volunteers attacked our post on the river Cafaro, on the 25th. The enemy were a t first repulsed by a company of the Prince-Royal. of-Saxony Regiment and by the Tyrolese Chareurs, but being afterwards menaced on their left by a superior forte, we were compelled to retire. Count Wlckembourg conducted the retreat. We lost Captain Melnik'. The Tyrolese Chasseurs had 3 killed and 4 wounded. The Infantry had 17 wounded. The enemy's loss was greater than ours. TREATMENT OF PRISONERS. The Vienna Gazette contains a correspondence between General Baron John and General La Mar moiain which the formercomplainsof three wounded Austrian soldiers having been hung by the Italians. Happily, he says, they were discovered in time to save their lives but one of them has become mad. If this " barbarous " practice be permitted, he adds, the Austrian commander will, con trary to his desire, be compelled to use re prisals. In his reply General La Marmors expresses his surprise at a fact which he would not have believed if the report of it had not come from a General of the Imperial army. He promises that he will investigate into the matter and make an example of the guilty parties if the fact should be as stated, but expects that the Aus. trian commander will on his part investigate into the correctness of the report. The Austrian Gazette says that no diplomatic arrangements exist which would prevent the Austrians from crossing the Mincio. (nurrna's TELEGRAM.) AMERICA. ARRIVAL. OF THE CITY OF PARIS. (Vi► Roche's Point.) The Inman steamer City of Paris, from New York on the 23rd inst., arrived at Queenstown at 5.30 am. to-day (July 2), with 157 cabin and a full complement of steerage passengers, and 137,200 dole. in specie. She landed the mails and 82 pas- . sengers, and proceeded for Liverpool at 6.30 a.m. NEW YORK, Jinni 23, hioama. The trial of the Fenian' at Montreal is pro gressing. It is believed that four, who were caught in the act of firing upon British troops, will suffer death. Yesterday the Fenian president, Roberts, was present on the floor of the House of Representa tives, in company with General Banks. A great Fenian mass meeting will be held to morrow, in the neighbourhood of Jones-wood, under the call of Stephens. The superintendent of police has prohibited the meeting taking place on that spot, on the ground that it would interfere with the enforcement of the excise law. President Johnson has approved the bill grant ing bounties to coloured soldiers and pensions to their heirs. The President has sent a message to Congress with the report of Secretary Seward relative to his transmission of the copies of the reconstruc tion resolutions to the governors of the several States for legislative ratification. The President states that as the resolutions were not submitted to his approval, and eleven States were excluded from representation, grave doubts arose whether the action of Congress was in harmony with the sentiment of the people, and whether the state legislatures should be called upon to ratify such action. Waiving the question of the validity and merits of the proposed amend ment, he deemed it proper to obser►e that the action of the Secretary of State was purely minis terial, in no sense committing the executive to the approval of the amendment ; on the contrary, a proper appreciation of the constitution and of the interests of national harmony and union and de ference for enlightened public judgment suggested a doubt whether a constitutional amendment ought to be proposed by Congress and pressed upon the legislatures for final decision until the admission of loyal members from the now unrepresented States. The health of Mr. Davis is greatly improved. Mr. Bigelow, the American ambassador in Paris, wrote to Mr. Seward on June 4 that M. Drouyn de Lhuys had stated that the recent declaration with reference to the withdrawal• of the French troops from Mexico was made in good faith, and the troops would be withdrawn within the time specified. Intelligence received hero from Mexico report. the Imperialika to be abandoning important point s in the interior of the country. The Emper ot Maximilian's government was in great financial ' distress. The Liberals were closely investin g • Tasnpico. Money abundant. Gold, 132 f. Exchange on London, 163 ; on Paris, 3fr. 47c. Stocks qui e t New York Centrals, 99 ; Illinois, no . / ; Erie, 59; 5-20 Bonds, 103 1 . Cotton heavy. Middling nil land, 38 : week's receipts, 10,000. Flour quid: Wheat dull. Corn steady. Provisions he av y . : 4 Coffee dull. Molasses steady. Sugar dull. Petroleum quiet : crude, 25 ; refined, 40i. ORLEANS, Jun 22. I Cotton dull. Low middling, 35 to 37 ; week's re.• oeipts, 5,500 bales ; week's export, 7,7gi1 Stocks, 116,000 bales. ARRIVAL OF THE HIBERNIAN. (via Greencastle.) NEW YORK, Juas 23, EVENING. A resolution passed the Canadian Assembly last evening to call upon the United States to indemnify Canada for the losses sustained by reason of tlia last Fenian invasion. Money easy. Gold, 152. Exchange on Lo u . don, 163 ; on Paris, 3.47. Stocks quiet. N ow _ York Centrals, 94; Illinois, 120 f ; Erie, 58;1 5-20 Bonds, 104. Cotton dull. Middling U p . land, 38c. Flour dull. Wheat and corn heavy. Previsions declining. Coffee dull. Sugar and Molasses quiet. Petroleum very dull: crude, 25 ; refined, 40. CALCUTTA AND CHINA MAILS. MALTA, Joss 39. The Ripon left here at 9 p.m. yesterday, widths Syria at 6 a.m. to-day. The former may be expected at Marseilles on the 2nd, and the latter at Southampton on tin 9th of July. JEFFERSON DAVIS-HIS OPINIONS. A book has just appeared in America called "The Prison We of Jefferson Davis," written by Lieut. Colonel John J. Craven, M.D., late sturgeon U.S. Vella teen end physician of the prisoner. The book is an aa. disguised plea in Mr. Davis'. behalf, and has been writ* with the encouragement of the friends of the prisoner, if . not the countenance of officers of the government. In his conversations with his physician Davis spoke, freely and frankly of the generals and public men on bolt; aides. In Johnston he realised the idea of a perfect oom mender, remarking that all that Napoleon said of Dank and Kleber, except the slovenly habits of one rt . them, might be combined truthfully and said of John ston. He spoke of Stonewall Jackson with great tenderness and with something of reverence. " Ths confederacy," he said, " lost an eye and an arm is losing him." He expressed himself in high terms of General Lee as a great soldier and pure Christian gentle.' man ; but he was not disposed to say much about Joe Johnston. He did not have a very good opinion of be cabinet or the rebel Congress, and was quite severe sa Toombs, whom he designates "a destroyer, a boa Jacobin ;" on Foote, a " man of no account," and at the Rhin faction of South Carolina, which was never " at home save when in the attitude of contradict, tion." He thinks " General Grant a great soldier beyond doubt, but of a new schooL" He says that if Grant bad started in his career as commander-in-chief earlier in the war he would probably have failed from the same mums from which M'Clellen and others did. "If he bed not started with an enormous account in beak his checks would have been dishonoured." Davis owed to General Butler " the beet joke of the war—Dutch Gap." He spoke highly of Sumner, Sedgy* and Hunter as gallant soldier, and excellent gentian'. 1 of Pope as " a kind of American gamma, but with good " scientific attainments." M'Clellan he thinks a good officer, but too cautious and morally timid in command d a great army. Speaking of President Lincoln he thought his death, and particularly the manner of it, a grade calamity to the South than the North. Mr. Johnson, be believes, being • Southern man, cannot do as meek for the South as would Mr. Lincoln probably. • had be lived. He respects the President's " in* grity and greatly original force of character ;" touches upon his "morbidly sensitive pride," as a " Democrat of envie tion and self-aseution," while " sitting with nankin. many of whom he knew pretended to aristocracy," sal finally credits him with faithfulness to his word, and " arum* which took the form of angry resistance if urged to do anything which might clash with his conviction' d duty." " But for his decided attitude against seceasies be would probably have been given the place of Mr. Stephen on the Presidential ticket of the Confederacy." • Mr. Davis's conversation includes many subjects fan war and politics to art and science, showing (says hie doe. tor " a large varied and practical knowledge. The geology, botany, and all products of his section appear to have is turn claimed his attention." When he speaks of the war t it is with something like exact knowledge, a ready memory and a perception of details as well as general features. Constantly he alludes to the Southern people as " my people." " General Miles," he complained, " bad taken charge of his clothing, and seemed to think a champ of linen twin a week enough. It might be so in limn chusette." The South be considers an aristocracy of birth and aristocracy. " Birth is a guarantee we do not Mine in raising stock, nor should we in growing men." At chi North, " the basis of political prominence has been mama first, and secondly loquaciousness, effrontery, and the ma of the demagogue." Elsewhere is the same estimate of Northern traits, capped by a Southern portrait of Benjamin Franklin—" the incarnation of the New-Fegland cbs• raster, hard, calculating, angular, unable to conceive arol higher object than the accumulation of money ;" the* he allows that Franklin had such virtues as " nuns% truth, industry, economy, and honesty." Speaking of the negroes, Mr. Davis remarked, as regards their future, he saw no reason why they must die oat t unless remaining idle. If herded together in Wenn and filth, as in the villages established by out military power, the small-pox, licentiousness, sad ss drunkenness w ould make short work of them. remaininfon the plantations, as heretofore, and employed for wages, they were a docile and procreative pee* altogether differing from the Indians, and not likely to out like the latter. Their labour was needed ; and time( they could mot multiply re fast in freedom as under this former wholesome restraints, he saw no good argument foe their dying out. Fenianism he regards " es a farce to make angels wail THE COED= CLUB. —The first dinner of Oil club will take place an the 21st of July, when the 1114b 1 Hon. W. E. Gladstone will take the chair. The ark already numbers 130 members, most of whom are in sus or other of the Houma of Parliament. A serious fire broke out in Leeds yeaterdq morning, in a large building occupied pertly sea mutts and shoddy manufactory, in Aire-street. The fire woo first discovered about 7 o'clock, and it was not extinguished until 2 in the afternoon, by which time the yea portion of the building was destroyed. The damage k estimated at 20,0001. The Boston public library contains 123,00$ volumes. Its largest contributors are Joshua Betas London, who gave 100,000 dollars' worth of books, sal Theodore Parker, who left 11,000 books and 3,0 pamphlets. In 1865 nearly 195,000 books were lent, or 4 average of 708 per day. The greatest number given out is a single day was 1,484. The superintendent reports aeon deafly improving character in the circulation, and that , is tending strongly to the more substantial and useful clam of books. The Legislature of Massachusetts has passed I law giving the °Moen the right to arrest all idle pertly who, not having visible means of support, live witbrli lawful employment ; all persona wandering abroad sal visiting grog-shops or houses of ill-repute, or lodging le groceries, outhouses, market-places, sheds, barns, or M tat open air, and not giving a good account of theniselviel all beggars or others receiving alms. Any person k nows to be a pickpocket, thief, burglar, either by his own rev ?anion or otherwise, if not engaged at some lawful eir ployment, is declared a vagrant and arrested aecordisef.: DLLTH OF SIR A. ByLtan.—The death is sik ob flounced of Sir Anthony Buller, who many years ar • tined a high reputation as an Indian lawyer and judge. r I ref the Po an Tht SIDI rki. 384 Tht Pel nal the nix wag 21111 wh his mo as. the the ODO the wh 'Wi Int not Th onl nu, .or ODZ for pal No No ord 00l Con •ry reel