The Express. — London, England, 1862-02-12 00:00:00

LOOND-H•ND PIANOFORTES. CRAWS& =MID bog WOOD Imo a Drso sisefiwoll N ibilosil Pkwakelos. by re nor abosow.l Nabors. r /warrior pira..llll. loorriesei THE EXPRESS, WEDNESDAY EirgbaNG, FEBRUARY 12, 186. PUBLIC INCOME AND EXPENDITURE. The gross public income of the United Kingdom in the year ended the 30th September last was 69,806,160/. 106. 11d.; the total expenditure was 71,201,6761. Bs. 7d. ; the 01001161 of expenditure over income in the year being 1,445,51 b/. lls. Bd. The balances in the Kxchequer on the same date amounted to 2,882,0011. Ow 7d. be Court. The King of the Belgians left Buckiugloun Palace, at ten minutes past two o'clock yesterday afternoon, for the Victoria Railway-station, upon his return to the continent. His Majesty was attended by Colonel Count de Moarkerke and Dr. Koepl, and also by Lord De Talley, Lord in Wait. lag to the Queen, and Colonel Poneonby. His Etrelimey Mono. Van de Weyer, the Belgian Minis. ter, attended the King from the Palace to the railway station. A deputation to present • memorial urging the with. draw•! of the Revised Code on &location had an interview with Viscount Palmerston yesterday. Her Majesty's Commissioners for the International E:• hihition of 1862 held a meeting at their offices in the Strand yesterday. The Judicial Committee of the Priry.Council eat yester day. An appeal, "Burnley v. Justices of New Zealand," was heard. Lord Kingedouw gime judgment affirming the decision of the court below. Despatches were received yesterday at the Colonial-office from the Governor of the Bahamas, and from the Lord High Commissioner of the lonian Island& Deepoitelses ware mot to the Lord High Commiasioner of the lonian Wands, and to the Gonne= of Gibraltar and Malta. MB PRINCESS ROYAL. Her Royal Highness the Princess Royal (Crown Primates elYniesia) will arrive in this country on Saturday, es a visit to her widowed mother. The Princess will embark in the Victoria and Albert royal yacht, at Antwerp, en Friday evening, and ber royal highness may be expected to arrive at °messed about 2 o'clock on Saturday after noon. The PrMoses ennead at the Cuntom•houss-quay ; and, in consegasoce of an expressed desire to that effect, there will be no demonstration on the part al the corporate aethorltise of the borough. Her royal highasse, who, it is ' probable, will be met by the Princes@ Alice at Omveeeud, will proceed over the South• Eastern Railway to Strood, and demos to Guildford, from whence the illustrious traveller will pass over the direct line to Portsmouth, en route for °skarn& In the arranpments made for the Prince of Wales's receptiou at Vienna, every care has been taken to avoid even the appearance of say political object being in eluded io the visit. The invitation to make am of the Hofbarg has been accordingly declined with thanks, and it is probable that, if the embassy can hod no adequate sccom noodation, his royal highness will stay at an hotel during his two days' residence in the capital. His Majesty the King of the Belgians arrived at Birmingham's Lord Warden Hotel, Dover, at Ave p.m. yes- Malay. He was to dine and sleep there, and mil for Ostend at half.prei eight a.m. to-day. His Excellency the Greek Minister and Madame and Mdas. Triooapi left Folkestone yesterday for Paris, en mete to Greece. During his excellency's absence from his poet Monsieur Charilaus Tricoupi, secretary to the legation, remains in London as chafe d'aifaires. The Duke of Hamilton left town yesterday for Paris. The Duke of Buccleuch and the Earl of Dalkeith left Helpers-square on Monday for Dalkeith Palace, Edin burgh. The Marquis de Chateaubriand arrived at Albert , ;ate House yestordey, from visiting the Earl and Countess of Harrington, at Brutal Castle, Derbyshire. The Earl and Countess of Ellesmere have left Bridgewater Howe for Harwood, Surrey. The Earl of Howth arrived at the Pavilion Hotel, Folkestone, on Monday. The Countess of Shrewsbury, the Earl and Countess Manses, Colonel and Mrs. Hyddleton Biddulph, have loudly protested in word and deed against the Hoe. Mr. Mennen Sutton, and Lori A. St. Maur have the solution proposed by Sir Jons THELAWNY left the St. George's HOWL and accepted by members on his side of the House; The Countess Dowager of Cawdor has left town and they are therefore bound in common conic- on a visit to the Earl and Countess of Ellesmere, at Bur tency and self-respect to propose some other plan wona• which they think better fitted and more likely to Viscountesa Boyle was safely delivered of a son accompli,:i the end in view. If the Conservative 0° M"'"l'7' at bee residence in H a nover-s l ut "' members hive agreed on such a plan, it ought to be Lord and Lad y Pultimore and Ma j or We y land introducea with as little delay as possible. Some have arrived at the St. Georges Hotel. Sir Edivird and Caroline Kerrison have who take a special interest in the question were, . .. . . Lady . . arrived at their residence in Piccadilly, from their seat in we believe, laudably anxious to turn the vacation seefelh. to account, by elaborating the details of a scheme Sir Edmund Head has left town for Paris. which, if not generally acceptable, might at least Lord Alfred Churchill, on Friday, will ask the be one in which their party could unite. We Under Secretary of State for Foreign Affairs whether it is may now fairly hope and expect to see the intention of her Majesty's government to send a corn. the remit: of their labours. Sir JOHN mismoner to Dahomey to treat with the Kiu; for the entire THELAWNV shares this expectation, and, in order abolition of bin barbarous sacrifices of human beings, and to give mule time for the introduction of the for the discoutinuanre of the slave trade in his dominions ; housewhether there is any objection to lay . upon the Conservative scheme, he has , we believe, fi xed the ' smtabil'efoufrtht;r: any correspondence or memorials that second reading of his Bill for a distant day. may have been addressed to the government on this subject. It would be in the highest degree derogatory On Monday next Mr. Murray will ask the Attor to the Conservatives to imagine for a moment pay-Gmeral whether it is the intention of her Majesty's that they are not prepared to turn this interval government to introduce a bill to consolidate the laws reli t° account. No party that hoped to maintain its tie; to bankruptcy. position in the House and before the country ; Mr. Childers' to-morrow will ask the First Coin- would voluntarily incur the reproach of weakness missioner of Works what steps government propose to take I and insincerity to which such culpable neglect for renderiog the International Exhibition more accessible, i 1... whether any of them will require the approval of par- would inevitably expose them. Least of all surely and would the champions of the Church shrink from 1 Mr. t. Lindany has given notice of a motion in the the duty they have so assiduously courted, which Howe of Commons, ee the sth inst., to the effect, that they have voluntarily assumed, and are now bound .‘ in the opinion of this house, her Majesty's government by every obligation of public duty, parliamen- ' ought to adopt measures to awry into effect the nommen- tary good faith, and self-respect to discharge. ' dation.. of the select committee of this house appointed We must say, however, that Mr. S. DIMWIT'S ID 1 , 010 to inquire Into the transport service, or at least such portions of the report of 1561 as were unanimously short speech last night is not very reassuring on this point. He intimated on behalf of Mr. C 11.085 adopted by the said committee." Mr. Childers will call the attention of the House that the scheme of compromise which, it will be of Commons to the successful crossing of the Australian remembered, that gentleman brought forward at ', continent by the expedition under the charge of Mr. the close of last session, will not be re-introduced I Burke ; and to move aa address for copies of all despatches this year. This announcement was only what ' from Sir Henry Darkly and the other colonial governors might naturally have been expected, for Mr. is the subject, on Tuesday seat. Caoas's scheme really had no supporters, having . Cou Monday next the Lord Chancellor will call Bss e at i t o en u tion w of M i e . Bosse of Lords to the subject of the been equally and almost universally opposed on I both sides of the Homo. But after dismissing this , Isl e s The general committee trasaf of elections for the crude plan, it was natural to expect that Mr. S. , sent session consists of Sir F. T. Baring, Bart., the 4 ) ht E.T. ("car would have announced, on behalf of the Hon. S. H. Walpole, H. A. Herbert, Sir W. Niles Dart., leaders of the party, some better and more feasible B. K. Seymer, and J. B. Carter. TEST TELLIGIENCE. , (azoinee wawa) AMERICA. NEW YORK, JAN. Si, MORNING. (Pm North American by telegraph to Portland and from Londonderry.) The New York Times refea; to Mr. Seward's despatch of November 30 to Mr. Adams not having been made public in England, and sees in this fact a determination on the part of the English ministry to put England on a war footiag. The New York Times adds, that "with such evidences of ill faith and undisguised hostility, we may put a proper construction upon the amicable tone of Earl Russell's despatches, and arm ourselves for the worst contingencies." The Federals are concentrating their forces at Lebanon, 40 miles from Springfield, for another chase alter General Price. Six vessels have been sunk in Maffitt's Channel, Charleston. Eight more will be sunk immediately. I Mr. Cox has said in Congress that the attacks on General M'Clellau arose because the general would not make the war an abolition war. " Happily," said Mr. Cox, " I can announce that no abolition or confiscation measure can pass the present Congress." Rumours are current of the resignation of the Secretary of the Navy. The New York Herald publishes despatches from 1 Southern journals, stating that the Federal fleet occupy the south end of Wilmington Island, thus . cutting off the communication between Fort Pulaski and Savannah. Fort Pulaski has, however, six months' provisions. A Richmond despatch endeavours to prove that the occupation of this point does not cut off the communication at all. NEW YORK, FEB. 1, MORNING. • The New York papers take an unfavourable view of the rumoured European intervention in American affairs. The New York Herald considers that an inter vention would cause strife to extend all over Europe as well as in America. The New York Times justifies the sinking of vessels at Charleston, and says that the harbour is not destroyed, as new channels will form them selves with the shifting sands. "In any case, the European powers have no business to protest." The same journal further states that the opinion is, commercially, that an attempt by the European powers for a friendly intervention, though scarcely practicable in the present state of the rebellion, would not necessarily produce financial mischief. The Journal of Commerce says :—" Federal mili tary movements will shortly display such force as will surpass anything that the European powers have an idea of. European criticisms will then change, and the strength of the Federal government will be acknowledged." General Beauregard, with 15,000 men, has left for Kentucky. President Jefferson Davis will command at Manassas. Four federal steamers and three sailing veaaela are on the look out for the Sumter. The New York Times says that if the Nashville has been purchased in England, her Northern owners still have claims against her. A Richmond despatch affirms that England will yet acknowledge the South and break the blockade. The Anglo-Saxon, Africa, and Bavaria have arrived out. COMMERCIAL INTELLIGENCE. NEW YORK, Frs. 1, Momaso. Exchange nominal, but tending downwards. Bankers' bills, 113. Gold, 3 to 4 per cent. premium. Fears et European intervention in American affairs caused great excitement in the stook market this morning, and a general fall of at least 2 per cent. New York Centrals are quoted 82g ; Erie, 33 ; Illinois, GO. LATEST. NEW YORK, Fn. 1, TWO F.M. Money abundant. Breadstuff* firm. The first stock board closed slightly firmer. Erie, 34 ; New York Central, 82g. RUSSIA. The Russian journals look upon the budget which has just been published as a very important reform : _ . - - Everyone knows (says the Journal de St. Petersboury) that our finances are in an unsatisfactory situation. Many projects have been formed to get out of this embarrassing situation, but the measures taken have all been insuf ficient. 'I ne muses of that want of success is well known, the amelioration of the public finance being impossible althout a complete confidence both at home and abroad. Kuria possesses gigantic mate rial resources, and in whatever embarrassment the Treasury may be thrown, ruin and bankruptcy are never to be flared ; but want of wtifidence paralyses the efforts of the government to ameliorate the situation. The publi cation of the budget will prove the purity of the intentions of the government and throw a light oa the situation of the Treasury. For that reason we look upon the publica tion of the budget alone as an important reform, capable in itself of extricating us from the financial difficulty which was becoming greater and greater. AUSTRIA. The Chamber of Deputies of Vienna assembled on the sth for the first time since the six weeks , vacation, but it was only to hear the President adjourn the sitting to the following day, as in con sequence of tha itiundatitm4 a great number of deputies have been prevented from reaching the capital. Scarcely eo, and almost all of them mem bers of the committee of finance, or belonging to Poland and Bohemia, were present at this first sitting. ROME. A letter from Rome of the 4th says :. On the day of the Purific Rion the Pope performed envies at St. Peter's. Hie Holiness has recovered from his late indisposition, sal nether his voice nor his features bore say traces of illness. The. Stated College and the Roman magistracy were prosaic, as well as the French and Ponti fical' gen , ra's, and a nanibir of foreign personages. The Pope firsthimed the wet lights, as is usual on the occasion, and distributed them with his own hand to the diplomatic body and generals, and then proceeded in grand pro cession round the building. The royal family of Napkin were not present. After the procession the Pope took his seat on the throne, and Cardinal Bernath° performed the mass appointed for the thy, sod the service concluded by a special one in memory of the earthquake of 1703. The Pope then went to his apartments to receive the ornamented tapers which are always mooted to him on the day of the Purification by the superiors of all the religious orden in Rome. On the 3rd, on the occasion of the funeral of Cur , dinal Piauetti, the Pope went to the Church of Andredelle. Pratte, and gave the absolution. After the oeremony his Holmes returned to the Vatican through the moat ire quented parts of the city, end was everywhere received 1 with the utmost respect. (srona's TrucßAmi.) FRANCE. PARIS, Frs. 11 The 31imiteur of to-day announces that the Com mittee on the Artistic Copyright Question has ap pointed a sub-committee to prepare a bill based spun the principle of perpetuity. THE BOMBAY MAILS. SOUTHAMPTON, Fs 12. The Peninsular and Oriental Company's steam- ship nova, with the heavy portion of the above mails, has arrived here. She brings 62 passengers, 2,476 paskages of cargo, including 517 bales of silk, vatted at 65. 0001 . On the Bth inst., off Cape Carboeira, the Elkin spoke the Indus, steering south; and on the 9th, off Cape Finisterre, the Alhambra, with the homeward Peninsular mails. The French war steamer Fontenoy, having on board 1,123 Zouaves for Mexico, came into colli sion with the British steamer Pact*lus, bound for Malta, in the Straits of Gibraltar on the 2nd inst. The Pantolus sustained considerable damage, and was lashed to the Fontenoy and taken into Gibraltar for repairs. The British ship Queen, bound from St. John's t o Cuba, sprang a leak and was abandoned on the 6th ult. in long. 6.30. let. 37 N. Exchange on London at Gibraltar was quoted 49} to 492 for 90 (lays' sight ; on Paris, 5.25 ; on Marseilles, 5.26 ; on Madrid, at par ; on Cady., discount. Freights unaltered. SPECIE FOR THE EAST. einTEAXPTON, Tn. 12. The Peninsular and Oriental Company's steamer Delta, sailing to-day, takes out in specie—Bar silver, 229,1151. ; five-franc pieces, 19,9201. ; gold coin, 5,5001.; and sovereigns, 32,0001. EXPRESS FROM PARIS. (now on own, PARIS. Tommy Eviransa. The Senate has unanimously passed the Con version Bill. It must be borne in mind, however, that this illustrious body, before whom every new law must be brought, has no jurisdiction either to reject or amend it except upon the single ground of unconstitutionality. Their unanimity, there fore, is no expression of opinion whatever upon the merits of the measure. The Bourse has been dull. The parties charged with the direction of the speculation are waiting to see what amount of scitsite the government will fix before they expend their force, and the public is timid and hesitatilg. The Rents rose sc. for cash, and fell sc. for account, closing at 70fr. 95c. and 71fr. 25c. MobiPer was without change. The Italian Loan fell 35e. The Western Railway rose 7fr. 50c., and Lyons, Mr.; in the other lines little alteration. The Opiisiois Nationale, after quoting the leading article of the Daily News of Monday against king making in Mexico, says : _ . The Observations of tlit; Daily Nom are founded upon the principles of national sovereignty and the law of nations ; but prices have fax other Mesa, and a Madrid journal has reason to believe that a new candidate for the throne of Minion has turned itp in the parses of the Count of Flan• due, second sos of the King o f the Belgians. _ . . The great legal question whether the French civil code permits the marriage of priests remains for the present undecided. The Court of Periguenx, after hearing a most briliant argument from M. Jrlea Fevre on behalf of M. Brou de Laurihre, a priest whom the mayor refuses to marry, and after an expression of opinion by the judge advocate against the priest, found itself un able to pronounce a judgment, two judges being in favour of the plaintiff, and two against him. In consequence of this division, the case will be argued again next month, with an additional judge on the bench. Inasmuch as whatever the coming decision may be it will undoubtedly be followed by au appeal, and a recourse to the Court of Caseation, a splendid field of litigation is opened. According to the ultramontane journals, Mgr. Chigi, the Papal nuncio, has received 57,000 visiting cards since his arrival in Paris, and has informed Cardinal Antonini of this formidable demonstration in favour of the temporal power. The copyright commission held another meeting to-day. Aethe inquiry proceeds, the theorists who support the doctrine of perpetuity begin to per ceive the difficulties in the way of it. Out of four speakers at the second meeting only one supported the project orig"ially proposed. M. Lambast, the envoy of Radama IL of Nada -1 gascar, has had a private audience of Count de Chasseloup-Laubat, Minister of Marine. The preliminary notice of marriage between Baron Solomon James de Rothschild, banker, of the Rue Laffitte, Paris, coo of Baron James de Rothschild, with MM.. Adele Ansa Charlotte, daughter of M. Meyer de Rothschild, of Franktott, has been posted up at the Mairie in the Rue Drouot. _ The Viceroy of Egypt, whose affairs continue to present a very unpromising awed, is about to advertise for tenders for a loan of 40 millions of francs. • The Temps has • strange story from Berne. At a ball lately given by the Brazilian Ambassador, one of the servants attempted to stab him. He was taken off to gaol, but moon after released, at the intercession of the ambassador himself. The Tempe is a cautious paper, but this is very Ile a canard. At the meeting of the French Literary Society (Sociin! des Gess de Learn) held in Parie on Sunday for the purpose of electing its managing committee for the year, M. Victor Hugo's name was put up, and, though he hail not the majority, not less than fifty votes were given for him. As M. Victor Hugo has not been in France for the last ten years, and as it would be impossible for him to perform the duties of the office even were he chosen, these fifty votes are regarded by many persons as a sort of political manifestation." The Annuaire des Posies gives the following par ticulars respecting the business of the French Post-office during the year 1861 :—From the Ist of January to the 31st of December the Pciet-office received 274,003,000 letters, of which 2,149,498 were returned to the Dead Letter-office, owing to the addresses being inures:6. Out of the 274,000,000 the number prepaid was 246,600,000 ; the rest were paid for by the persons who reosived them, and both together brought in a sum of 56,600,0001 r., including the additional charge on 315,408 registered letters, coutainiog • declared value of 521,800,6701 r. M. Maurice Sand, son of Madame George Sand, the well-known novelist, who toxompanied Prince Napoleon on his trip to America, publishes in the Reruc des Deux Meads au account of his tour. lie surpasses the Ame. Hearn themselves in the freedom with which he enters into the details of private life. Describing the interview with the President of the United States, he writes :—" If I give you all 11r. Lincoln's claims to public respect, you will allow me • smile at his whimsical appearance, and at that pair of kid gloves which seem astonished at finding them selves io the hands of a rail-eplitter. He advanced in a shy, awkward wanner, shook hands with the prince, then with each of us, and attempted to enter into a friendly conversation. How many days did you take from Europe? Is it to the son of Lucien Bona parte that I have the honour of speaking ? What do you think of America ? It is very hot C Evidently the worthy man was moat kindly disposed, but the representative of freedom had none whatever in his speech or manners. He bad no difficulty in expressing himself (he gained his posi tion by his speeches), end the prince speaks English per fectly. I should have preferred seeing a jolly, blunt, blus tering farmer, proud of his position ea • pareears. He was A student at Heidelberg, named Wolff, the only 110 awkward that I felt quite disappointed. I should have son o f the principal ' sin k er o f m imeo , his just been load laced to conjure up my jolly farmer. We wPwratta , with in a duel with another student, after some trifling dispute. more shaking of bands." The victim survived by a few hours the arrival of his The Swim Federal Assembly on Saturday closed afflict e d wes t., its session, which has not been of any great importance in a The var i ous ra ilway co mpanies i n F ra nce are political point of view. I engaged, in concert with the government, in a general re- The Madrid diligence, which left Bayonne on the modelling of their tariffs for pueengers and merchandira, 6th, was robbed at Iron of 4,000 piutree during the era- and the new regulations will, it is said, come into force urination of the travellers' leipge. The conductor has when the summer service Commences. The redaction of been arrested. fares will be more particularly applied to short &names. THE PROBABLE CONTINUANCE OF THE AMERICAN WAR. Messrs. Neill Brothers, of New York, have just issued their chwnlar, dated Manchester, Feb. 11 (yesterday).... After a few preliminary remarks, Nessus. Neill say : We dwell upon these considerations because it is most essential to the interests of the cotton trade, and indeed to those of the entire population of this district, that correct views should prevail. It is pleasant to take a hopeful view— to believe that, by foreign intervention, by a relaxa tion of the blockade, by a great victory on one side or the other, by financial pressure, or in some unforeseen way, peace may be restored, and trade resume its former conditions. It is agreeable for newspaper writers to talk thus, and to descant upon the uncertainty of the American character, and the probability of a grand collapse. Bat what are the consequences of all this talk? They are 'imply a rapid acceleration of the ruin of the country's greatest manufacturing interest, and a prolongation of the sufferings of the operatives. Exporters, warehousemen, dealers, and shopkeepers, unable to judge for themselves, are deterred from purchasing cotton goods, even at the small advance of id. per yard upon the prices of last year. Manufacturers, having to pay nearly 100 per cent. advance for the raw material, are ground between the upper and nether millstones, and bankers, always easily frightened, are deterred from aiding them to bold their goods for the advance which must shortly come. In America this phase was passed through many months ago, and manufacturers who were then necessitated to sell the goods at 20c. per lb. have since seen the market advanced to a price which has enabled them to pay 40c. per lb. for the raw material, and work it up to a profit. They were then deceived by their own press, and their own minim hopes of an immediate subjugation of the South, just as English manufacturers, merchants, sad capitalist' are deceived now. Their calculation was that the South could not go on without money, just as the English now calculate with regard to the North. And while these un certainties last, enterprise in new fields of growth is checked, and merchants have hardly the courage to risk • voyage from India upon cotton which can be imported at 6d. per lb., though the value in Liverpool is already &I. It is to be feared that Gd. per lb. free on board, with freight from Bombay, will not give that stimulus to produc tion which the circumstances of the ease require. As to the duration of the war, knowing so intimately as we do the character of the American people, both North and South, we have never had but one opinion —viz., that in the absence of foreign intervention (which could only be brought about by gross stupidity on the part of she Northern government), the war would be a protracted one, and only be concluded when one or other of the combatants should be utterly exhausted. To determine when that point will be reached is the sole problem. It is not necessary among impartial men to dwell upon the difficulty of overrunning • country like the South,with an area of • million of square miles, and of subduing a bitter, determined, and scattered population, not dependent, like France, upon one cen tral and centralised government, but rather like Germany, embracing numerous distinct state organisations each one of which must be subdued before it will 3 ield, possessing all the advantages of railways for purposes of defence, and the disadvantage to an invading force of the shncet total abeam of other roads, when the railroads are once destroyed by their retreating defenders. Granting even • very ordinary degree of the spirit of independence to the Southern population, the task must, to impartial observers, appear an utter impossibility for such an army as it will be within the power of the North to bring into the field. Upon the other hand, can it be supposed that such • people as the twenty millions of Northerners will lightly coshes themselves beaten by one-third of their number", and consent to their magnificent country, the very extent of which has been their greatest source of pride, being reduced so that its breadth at one point will be under a hundred mile' ?—allowing their hostile Southern neighbours almost to shake hands with Canada across the very heart of their territory!—allowing the Mississippi, which is naturally the highway of the Great West as the Irish Channel is that of lanceshire, to pass into hostile hand.!—allowing an antagonistic, arrogant, and inevitably hostile nation to be established on their borders, with a thousand miles of con tiguous territory, along the whole extent of which the krt. pressible slavery question and discrepant tariffs, with the constant temptation to smuggling, would be a never-ending cause of warfare, not to speak of the boastful taunts which would have to be endured for generations after their defeat, by a people who have hitherto had all the boasting to them selves! And if peace were proposed, on what terms could it be entertained? Both sides would claim Maryland (with Washington), Western Virginia, Kentucky, and Miaowed. Without these the North would have but • narrow strip of territory between the Ohio and the lakes. But as they are slave states, and • large proportion of their population is favourable to the Confederates, the latter will certainly never give them up till worn out in the contest. And while the struggle in which the North is engaged is, or is at Last con. aidered by themselves to be, of this life and death cha ncier, what are the sacrifices necessary to continue it! It is admitted that, with a revenue of 40,000,0001. per annum, the interest upon United States stack will be sufficiently secure to enable the government to raise the menus at Dome to carry on the war upon even its present enormous scale for two years at least. But that revenue would only be equal to a contribution of lid. per day from each individual in • country where the average rate of wages cannot fall much short of 4s. per day, where the people ere naturally lavish, and where, owing to the drafts for the army, and the enor mous government expenditure, labour is fully employed. If the required revenue be not raised, it will be through want of ability or patriotism ea the part of the govern ment and Congress, and not through the inability of the country to sustain the needful amount of taxation. It is this conviction that explains the coolness with which the New York press contemplate the financial difficulties of govern ment, and which has excited comment on this side. And who can show us in history an instance of a vital struggle being abandoned for want of mum, even by the poorest countries ? Is such an example to be furnished for the first time, and in the first year of war, by a great section of the Anglo-Saxon raos—a people so energetic and determined, so persevering and inventive, so self-confident, and possessed of such never-failing hope fulness, so wealthy and so overflowing with the means of creating wealth in their inexhaustible soil, their labour-saving machinery, and their almost boundless system of railway and internal steam navigation, as the Americans ; and while their ports are open to the commerce of the world, and an unlimited de mend exists for the surplus of their soil! All reason and all history are opposed to the idea that such • people, so situated, can be brought to make • dishonourable peace, unless after years of exhausting disasters. And through that ordeal we have feared from the beginning, and fear still, the unfortunate American people will be compelled to paw. Philosophers will show, and show truly, that their down fall is the inevitable retribution due to their complicity with slavery, with which the whole nation has been tainted, and which has even into its vitals. What we have to do with is simply the facts as they exist, and their bearing upon the future of the cotton industry. In this aspect we think itis difficultto take too serious a view ; and that notbiug but au increase and protraction of our own sufferings can result from • disposition to ignore the full measure of the danger. As to the uncertainty of the American character we have heard a great deal. It was always uncertain in what direction the bubbles on the surface, of • stream may blow, but it does not follow that the course of the river itself is doubtful; and, perhaps, the uncertainty which is attributed to the American character is due to the shifting courses of the mere frothy surface of society. The direction of the main stream has certainly been steady enough —always sanguine, enterprising perseveriug, and true to the national tradatioes and policy. The people who have made in a few years 25.000 miles of railway, besides building innu merable great and populous cities, can neither be accrued of want of constancy nor want of resources ; and, however vain we may consider the task they have now i l egareaaan, it is hardly reasonable to suppose that such a people, once committed to a contest in which their national honour, and, as they believe, their very existence is at sake, should abandon it without a protracted struggle. ODD. SKITS AND CO's P IXTILIOT el CALLUM DIET, OiNiii7 Soli ID St, IL. aid ie. milift dmiall. imam M. ILUIVFACTORY. Z MMLltiar. W. airs Orprtos., Tel CI oItROPONDILNTA, Avivermalts Intended for " [serer' Widow Evening : ltsr , r i rat tilo.o e. l „ the oar,. W. tiourerie street, by Two IA T M UMW. Ti. Vaertete, OUR AMERICAN COUNIN. Worm Northern. DnekstondE R Ylllleea sad Kneen : Yea C. Toeing. Mtn Oliver. And LITMI MINN lICIYRT AND LI/TLIt DOT BLUE. de, Variegate aad tad Datitty Longleds. limner !nekton, A:. 1 , 11 . 1!0118T% YOU Tan ItronNA Al LICH IT. Warns Inter. Jordan. Putts. M 1.1.11n9 . Mow C. Grelstreq and M. Hants.—And weirrusonA AND HIS CAT; alt. Hationola King [oily yobbo/ Wass. J. Lawn. 1111Anist. sod Pude Was C. Adana R. JAIBWIL llus Niles SW NAM Yaws. G. Viable. W. H. Neypbras. Dewar. Iftlang• . Wise Herbort—PlLL4lll AND AN DIHNIZDA. lir. P. HattAirws sad Illas Hatbart —Aud NI MAUL UNI ROUND THZ CWLYIL —Comareapat SILITAtf Tin ammo. TUB IlliilF - 141ZAL —TUE KIN() or THE I: I& Wye. S. Lao: Mew& Baby. Luis, calm*. rM Claatreiii Family MeMs. C. BE•obas. Mr. W CrAutord. ...And TILL CLOCK ON THE ISTAlL.L—Caameace at U. 1101 WAT/3 AT LONDON BAIDOt TI 071T-1114.I‘nd 01. T0411111310W —Manly, Aftersood td 401 id L)NDON, WEDNESDAY, YEE. 12. LANT night Sir JOHN TALLAWNY re-introduced his (till for the Abolition of Church Bates. Few will be surprised at this, even after what occurred last year at the third reading of the Bill. The object which the Member for Tavistock has in view, in common with sober-thinking and practical politicians on both aides of the House, is to secure an early and equitable settlement of this much vexed and irritating question. And the experi enoe of the last few years has certainly tended to show that this can only be accomplished in one way. Opinion has steadily gravitated towards Abolition as the simplest and most satisfactory solution of the problem that could be devised. For a time, indeed, compromises were attempted by Liberal members. Various schemes of partial exemption were brought forward by the opponents of the rate, but none of them received any support, and eventually they were, by common consent, abandoned as futile. Meanwhile Sir JOHN MIL...WHY'S measure re ceived every year a growing amount of parliamen tary support, not only from the rank and file of the Liberal party, but from its responsible states men and foremost representatives. The cause of Abolition was moreover openly espoused by Lord STANLEY, the most independent and open-minded amongst the leaders of the Opposition. The ex tent to which the Liberal party are united on this measure may be judged of from the votes of last year. More than four-fifths of the members on the Ministerial benches, including the great ma jority of the Ministry, voted for the third reading of the Bill. Under these circumstances Sir JOHN TRELAwNY naturally brings in his BM again, not only as the plan for settling the ques tion agreed upon by the Liberal members, but as the only plan for effecting his purpose which has yet been supported by any considerable section of the House. If there is any other, or any better plan, for 1 securing a settlement, let it be brought forward ' by all means and without delay. No doubt the question of Church Rates is in a different position now from that which it occupied at the commence ment of last session. Then the Abolition scheme commanded, as it had done for slx years, a large majority, but this was lost towards the end of the ' session by the Sraiissa's casting vote on the third reading of the Bill. This result was undoubtedly due to the strenuous exertions of the Tory party. After having been for years wonderfully apathetic and divided on the subject, the leaders of the opposition decided that political capital might be realized by raising the old cry of the " Church in danger," and making a stand against the abolition of the rate. This organized political resistance was aided by the local action of ecclesi astical societies in various parts of the country. No means of influence, central or local, poli tical or religious, were left unemployed in order to secure the rejection of the Bill on the third reading. The combined political and ecclesiastical effort was successful. The Conservative and Clerical party achieved a parliamentary triumph, the obnoxious Bill being lost by the casting vote of the Srzeizz. This I undoubtedly alters the parliamentary position of the question. The duty of dealing with it now devolves on the Opposition. With the honours they have also inherited the responsi bilities of success. While asserting their earnest desire for an early settlement, they scheme of settlement which they are prepared to introduce and support. Instead of this he measly intimates, in vague and general terms, that on. the second reading of Sir JOHN TRILAWNY'S Bill ho will submit to the consideration of the House a resolution embodying a prin ciple which, if accepted, may form the basis of future legislation. We must say, that after Church Rates have been actively debated in the House of Commons for more than twenty years, and almost every foundation on which they could be made to rest discussed and rejected in turn, it is rather late in the day to talk of submitting a principle of possible legislation on the sub ject. Nor do we see how any such prin ciple is ►ikely to unite the divergent opinions which have hitherto paralysed the action of the pro-rate party. The diviaiona amongst the party have all turned on questions of principle. But this is a matter of internal ar rangement. What Parliament and the country want now, and what they expect from the Con servative party, is not the discussion of an abstract principle, but a practical measure for settling the question. One such measure is already before the House. If the Conservatives have a better Mea sure to propose, let it be introduced by all means. If no such measure is brought forward, they will practically confess their inability to meet the re sponsibility they have assumed, and Sir J. THE LARHY will of course go forward with his Bill. OUR STOCK OF COTTON. A circular, isaued by Neill Brothers, of Xtu cheater, dated yesterday, says : "The present position of the stack of cotton at Liverpool is u follows : 196:.... 205,000 1361 • • 020.000 „ Other sorts „ 66.000 „ American. Surat ... 517. 4 00 141006 HAW 650,050 „ But lookiug three mouths ahead, the compariaou will be much more unfavourable. 426118130 8 . 8 above, 1802 650,000 1801 iditiMaiedarrivil;; American, Feb. 7, till May 1.... „ 5,000 „ Nut India „ 100,000 „ Ditto, Other aorta „ 00,000 „ 813. Mu 57,000 713,000 1.679,000 " We estimate the present weekly consumption at 10,000 bales of American, 12,000 bales of Surat, and 3,000 bales o f other sorts. Sho uld this be maintained till the lat of May, with an export of 4,000 bales per week of the former and 8,000 of the latter, the stock would bo reduced to about 45,000 bales of American and 150,000 bales of Surat, and by the end of May the stack of American would be enthely exhausted. But it is probable that the advancing tendency of the market will more and more reduce the consumption of American and increase that of Surat, and that the last 100,000 bales of American will be held for very high price., and be actively competed for by home, continental, and American manufacturers." FLOODS ON THE CONTINENT. The continued rise of the rivers in Holland iv beginning to excite alarm. The Rhine is still rising at Anshew, and the Waal near Rommel, where the dykes seem to have suffered considerably. The Yasel is also high near Zutphen, and some of the neighbauring villages an already submerged. Letters from Vienna are filled with the most lamentable accounts of the inundation ; the district submerged in Vienna alone comprises a population of 80,000 persons to be lodged and provided for. - The rain fell for four days almost without interruption ; bridges and viaducts,' were destroyed, and the service on nearly all the railways suspended. Linz, Preabourg, and Path, lit 3 also inundated by the Danube. A letter from Berlin of the Bth states that the embank. meet of the Elbe et Megripp has given way, and that the wbolegmaris oh its waters has invaded the Berlin and Magda. burg Railway, and swept away part of the embankment. AU communiistions ere interrupted, and will remain so for some time. The waters of the Rhine at Mentz are sub. siding, and many of the streets which bad been inundated are now left dry. The river attained its greatest height on the morning of the 4th, when it was 21 feet 5 inches above its ordinary level, only 10i inches lees than in the disastrous year of 1845. WEATHita REPORT.-(THIS DAY.) LT. IiTINIVARY 11„ $ LK. &I I, Neal ... •1 ... ,130.17', 4 7 ,`30.1.8 02 .110.14 U 93.14 43 30.111 1 41 30.21 , 60 AM; 60 30.11 1 41 _-.Asmirif. stool U HISSOoL4II9 29.90 24 141121roui. Nat' 42 V i = 1.2°" 224 Y/166v0 29 .06 42 L 09901 30.06 42 DOM O6 U e0179.1c7111 0'0917.499 30.12 42 ?UAW= 1 14E134603 M 7 . . 114 1 1. . WISE ■DROISAR ..I PO. SIUTIN .....1 .1 GALWAY limos . W.B.W. N.N.W. W. N.N.W. N.W. N.W. ir.ii.E. W.II:W. Y.W. MOAT. N. Britain.—N.W. to L, strong, N. to LB.E., strong, with goon with snow or ndu. or rain. Ireland—Variable to N.N.E., N.W. to N.L. fresh to strong, fresh to strong, rainy. Central.—N.N.W. to N. and NI T IV. to E., fresh, snowy, or strong,' E., fresh to snow or rainy. rain. Coast.—As next above. As next above. 8. Kugiand.—N.W. to N. and N. to E. and ILL, fresh to N.E., moderate to trait, with strong, with snow or rain. snow or rain. LiPLATIATION. B.—Barometer carreeted and reduced to 32 deg. et mean ma keel ; each 10 teen, of realm) slab causing about one•hnndredth of an inch diminution: and each 10 deg,, above 32 deg., causing neatly Wree•hundredtha Mamas. E. —tweed theimometer In shade. M.—Moietened bulb (tor e►aporatlon and dew point). D.—Direction ot wind 'itnte—two polota to of wide). f.—frorce (1 to 11—maniated). C.—Cloud (1 to 9). Initials b, bluest: e. deeds (detached): 1. log: h, hall ;1. m, minty (ham): o, overcoat ;r. rain mow: t. thunder. B, Mundt, or snow, or hall. sinus boat report, fa inches and decimals. 6.—Ea►dWarbaoa ato 9). Z.—Calso. PortmktioN, REVVTUE, ke.—From a rolls. mentary return issued this morning, we learn that the ag• gregate amount of revenue derived from taxation in the three years ending Dec. 3, 1880, in the United Kingdom, was 191,827,391/. In 1858 it was 81,5u1,424t. ; in 1859, 83,249,0231. ; in 1860, 66,988,944/. Proportionately to the mean of population and revenue from taxation on April 8, 1861, England would have 483 representatives, instead of 500, as at present ; Scotland, 74, instead of 53; and Ireland, 99, instead of 105. A magnificent mansion is about to be built at Portutuna, Ireland, for the Marquis of Clanricarde, according to designs by Sir Thomas Deane and Son, archi tects. The style adopted is French Gothic, and the general character of the groupings is most picturesque and effective. In the main buildings are comprehended on the ground floor anextensive anito of apartments, together with grand halland staircase, spacious ourriders, Ara, and on the upper door are various bed, dressing, and bath-rooms, dcc. The building will cost 15.000 f. _ _ . Dlr. J. Ball, writing from Pina on the ith, says, with reference to the lets murder of an Englishman in that city : " Immediate information of the crime was conveyed to the nearest post of rarabinieri. Within twenty minutes after the blow was struck, the assassin was arrested in a wineehop. The depositions of all the available witnesses were obtained without delay, and within nine days ell the requisite documents were remitted to the criminal court at Loma, where the mown' betried. The criminal lawherestall remains as it was under the former grand ducal government, and trial by jury, although promised, is not vet introduced. In this case the prisoner would probably prefer to take his chance before a jury, and, us far as the evidence is known, it is doubtful whether in England a jury would found upon it a verdict for murder or manslaughter." The Vienna journals announce the death in that I city of a literary veteran, Ignatius Castelli, born on the 6th May, 1771, and consequently 91 years of age. He wrote the text of the " Swiss Family," set to music by Schlosser, and performed in Paris with French words, in 18Z. He was also the translator of numerous operatic and dramatic pieces. Critelli has written his own epitaph as follows :—" Here lies a man who was ever devoted to art and honour—he was not of much importance whet alive, and now he is nothing at all." He had a mania for collecting snuff-boxes, and has left not fewer than 1,800. The A linetitach de Medicine states the number of physicians in the department of the Seine at 2,017, mg' prising 1,667 doctors of medicine and 380 officiers cit natl. Of this number of physicians 19-20ths belong to the city of Paris ! there just being 1,947 within the fortifications, only 100 being left for the communes situated beyond them. Supposing the population of the department to amount to two millions, there would be on au avenge one physician for every 1,000 inhabitants ; " and if," says Ontigneair "from this number we subtract all the poor who are taken care of in the hospitals, and those who are members et mutual benefit societies, it may really be asked bow marl profitable patients fall to the lot of each phy-ician THE ALBERT MEMORIAL Ft rya.—The subscrip• Wu. in aid of the above fund amount to more than 30,000/. Among the subscriptions received • yesterday 6001. from the Society of Arts. PROPOSED ALBERT MEMORIAL AT CAMBRIIWIL.' A public meeting to consider the beet mode of testifying re spect to the memory of his late Royal Highness the Prima Consort was held at the Town Hall, Cambridge. fest& day afternoon ; his worship the Mayor, who convened the meeting, presided. The attendance was not numerous, hat included th e most influential inhabitants of the town. The meeting was in favour of a local memorial, and it was all but unanimously agreed that the funds to be raised should be devoted to the objects of the Albert Institution, coupled with some ornamental record in front of the building. It transpired that the sum required would amount to ore 2,0001. A committee was appointed to carry out ore resolutions Tared. BOARD OP TRADE, WHTTZBALL, FEB. 11.—The Right Honourable the Lords of the Committee of Pries Council for Trade give notice, that the Moniteur, of the Bth instant, contains a French imperial decree, amercing to sea-going vessels built in Canada the privilege of same skin to registry in France en the following conditions : Sea-going vessels of wood 25E, of iron 70f., per French ton Hulls of vessels of wood 151.. of iron 501., par French Oa Machinery fixed in either of the above, 231. per 1001d° grammes.—Oasette. N./IL I.N.E.