The Express. — London, England, 1861-08-26 00:00:00

SIOOND-HAND PIANOFORTES. camas BEALL sad co. have a raw toomMe" " f ae " .". " by the wet veiveuted watery et. 'natty vettaved prkea—tet. ltegvahetreet. LOMELI/ HYDROSTATIC TEA and COFFEE Ju riaamasoL-1 b mon own lanai ao4 bright, Is • ft ............ 1 `""ag• alma mina. 14,000 esLL Yrvtis to. Everywhere. linSflaw—J. COLLIS. fwd. recenthew street, 11. C., Megt.,12.1 &lOC sov. street. w. Zhe Or-preoo. 0011tWONI? . 111111. IdMalbroads leaded ke "2 - 1; - 1 — r" Lanka Draft r .9m, sea mo . Jog w as drallailsa. lO. ftnmososag. b y f w , essi 6AY!I,9IKIT. Tim imam TIN LALAYCL rir CONDOM Yr. Bowe mod Mae Y. tiliver.-111Y LOAD ADD KY LADY. Mr. and Mn. C. Matbews.—CliOL AR A CI:CUMBIUL—Aid BACCHUS AND ARUM& Mho I...Letirreq.—OcomeseelA 7. TU Emma, THE GREAT riekor LONDON.—Slieng by Her m Hilda br mat. corm - et sod tlydaey.— MAMA Celeete stephio.—Ttw thin) Art of HAMLET. Mr. T. DruumonaL—Aud Tilt DAHL HOL'SlL—LYisiseses al t O. 11101 WATTS AT LONDON BUM. DO DAT -ID/AW/11. Afisnoon. 6b Tizo TO lifaholl—Moolios, &h. Ate. fa. LONDON, moivaar, AUGUST 26. TO OUR READERS. SPORTING nrrnuonict. A !ate edition of the Express is published every evenisg during the racing season, containing the results of the day's races. THE question of the supply of cotton, which is quite as important as that of the supply of corn, has, as our readers will admit, not been raised prematurely. Day by day it grows in interest. Having long formed a prominent topic in mercan tile circulars, its discussion is now occupying the broad sheets of the daily and weekly press. Not only do merchants and brokers, spinners and manufacturers, watch it with the liveliest interest; the financial world, as well as railway share holders, are almost equally concerned. An intel ligent statement from Messrs. Nutt, Brothers, of Manchester, given in our impression of Friday, shows what some of our most practised mercantile intellects think of the present position of affairs. We are rapidly approaching a crisis in the cotton trade. The total computed stock of all kinds of cotton at Liverpool is now 912,130 bales ;at this date last year it was 1,127,780 bales, or 215,650 1 more than now. But the chief anxiety is with regard to American cotton, to the consumption of which our mechanical appliances have been mainly adapted. A comparison of the stock of American shows a much more marked deficiency, the total held now being only about 640,000 bales,wheress at this time last year it was 660,000. The im portance of the bearing of this is easily shown.' Between the 24th of August and the 28th of December, last year, 775,000 bales were taken for consumption and 68,000 fur exportation, making together 843,000. Were the consump tion to go on at the same rate this year, nearly every balls of the existing stock would be used up, the supply of American would be completely ex hausted, and the long-dreaded cotton famine would actually arrive in its worst form, for the arrivals of the article 6m other quarters will probably be totally inadequate. We see by a circular of Messrs. Vii Brothers, received en Saturday, that the total clearances of cotton from Bombay, the great cotton port of India, to Europe, since the let of January last, have been 719,000 bales, against 319,000 at the same period of last year. This fact shows what India is doing, and gives an idea of what she can and will do, now that the required spur is being applied. But all that India can accomplish at present will merely mitigate the distress which must ensue from the with holding of the American supply. Bombay, through the combined exertions of the mercantile community in India and here, manages to ship off an additional 400,000 bales, which we accept gladly, but the immediate question concerns the American production, which ordinarily represents six times that total. One week hence—namely, the Ist of September—is the date fixed by custom as the commencement of the new shipping season. Seeing that the American porta are now sealed, that date may be said to mark the actual com mencement of the cotton crisis. There is apparently only onereasegly inthe present condition of affairs. We find that the recommen- dation given by the Mims. Nem'. is precisely the same as that stated in this journal on the 10th instant, and on pgevious occasions. It is that the faster the consumption of cotton in the United Kingdom is reduced, the less difficulty will this vast interest have in ultimately tiding over the crisis. The policy of our spinners and manufacturers must be not to wait with folded arms until the cotton famine overtakes them, but to advance boldly and meet it halfway. It would seem cruel to say that the great consumers of cotton would do well at this moment to enter into a combination to give their people employment for only three days in every week, yet there is too much reason to believe that this seeming cruelty would prove to be real mercy. The policy of limiting the hours of labour is already being acted upon, and the Messrs. Neu add their testimony to the fact that there is " a pretty general resolve " on the part of the trade not to ' light up' at all " this winter, or at least, so long as the deficiency " in the supply of option continues." The object must be to husband the stock as long as possible, un.il new fields of supply—particularly the Indian —can be rendered available. This is entirely a question of time, and of its being made worth the while of growers in India to exert themselves. The price here is still steadily rising. As stated in a former article, Indian cotton is now worth upwards of 75 per cent. nueethen at this time last year, and the average rise in American qualities is between 35 and 40 percent. The advance itself has obviously a remedial bearing, as it tends both to diminish oonaumption and to attract supplies. It is solely to this double action that we mast look for ultimate extrication from the present serious difficulty. Unfortunately it is much easier to talk of curtailing the consumption of cotton than to do it without causing inconvenience and distress. For months past there has been a great deal said about adopting this prudent course, and the rise in the price has operated in the same direction ; yet what economy has been practised ? Scarcely any, for the quantity taken for consumption this year has been 1,584,800 bales, against 1,616,500 at the corresponding date of last year, so that the saving has been only 31,700 bales. Throwing together what has been exported and what has been consumed (and the exports have a precisely similar bearing upon our stocks), it is a note worthy fact that instead of a saving there has been an increased dranght upon the stock. to the extent of 24,135 bales. It is not to be forgotten that eontinental--poesibly even American—consumers will compete at Liverpool with our own spinners for the possession of 'the slender 'apply now on hand. The Continent would supply itself in America, as usual, if it could, but, the American ports being shut up, it cannot entirely shut up its mi b but will ilr fallibly draw upon our supply to a greater extent than usual. There is • painful inference to be drawn from these details ; it is that, since Lancashire, after all its talk, has gone on using cotton to nearly the same amount as usual, the effect of curtailing, its industry to the extent of one-half, when the necessity for that step can no longer be avoided, will be felt with proportionate severity ; in other words, the manufacturing dis tricts have not yet really begun to feel the pres sure of the cotton dearth. Passing from this difficult topic, it is gratifying to observe the general feeling of relief which has been occasioned by the progress and prospects of the harvest and by the great improvement in the money market. It is universally felt that the check which has been given both to the extent and to the profits of trade during the last twelve months has arisen mainly from the deficient harvest of 1860. Even the moderate promise of the present year's crops has therefore produced a feeling of confidence which, were it not dashed by the paralysis of trade with America and by the cry of distress for cotton, would probably be quickly attended with a great development of healthy enterprise. As matters now stand, we fear too much must not be expected in this respect Of the existing dulness of business in most depart ments there can be no question. The diminution in the supply of bills seeking discount, is an un mistakeable feature, and will yet have a great influence on the value of money. There is room to apprehend that we may before long witness some increase in the less legitimate and more speculative class of business, simply be cause the openings for legitimate trade have become fewer. A slackening trade is always attended with an accumulation of idle money, and this leads ultimately to speculation, possibly to a wasteful application of the surplus. At present all is buoyancy in the stock markets. A fall in money means naturally a rise in public securities. In the first place, there is more demand for good investments. Bankers and capitalists can no longer employ their money at good rates in mer cantile bills. They must therefore invest it in government or other safe securities. Those bankers who sold stock, or raised loans upon it, in order to employ the proceeds at a high rate of discount, are buying back or redeeming their stock now that the rate of interest is com paratively low, and that the supply of bills is relatively still smaller. It may be well not to overlook the fact that the London joint-stock banks, by their last balance-sheets, hold the unprecedented sum of 47,315,3581. sterling of deposits and current balances. The in crease gained since the 30th June, 1860, is no less than 6,387,4831. Why this increase ? Chiefly because, the rate of interest having been carried to a high point by the drain of gold for corn, the banks made an unusually largo allowance for money lodged with them. But now that the rate allowed has fallen from 6 per cent. to 3i, with a prospect of descending to 3, the depositors natu rally look around for those investments which they did not care to touch as long as they could get a good rate of interest with the privilege of with drawing their capital at pleasure. After all, however, this process amounts rather to a displace meat than to a withdrawal of deposits. If a depo sitor takes his money from a joint-stock bank, where he gets only 31i per cent., and invests it in the India Five per Cents., or other good security, the money is not consumed or wasted. It simply i travels from one banker to another, and remains equally available. Whilst this is the effect of the fall in the value of money as regards inreannents, the influence upon speculation can be only in one direction. A high value of money always acts as a cheek to specu lative enterprise. That check is now removed. When the community are kept very busy with their regular and legitimate transactions, they have neither leisure nor inclination for anything else. It is when trade no longer absorbs undivided attention that speculation finds an opening. No doubt there is still much caution in the rub he mind, but there is also a good deal of money rusting in many quarters. The first sign of the development of the speculative spirit will probably be the launching of a number of joint-stock projects, the promoters of which have long been waiting for an opportunity. THE QUEEN'S VISIT TO IRELAND. DUBLIN, iIiTUIWAT. Thousands smembled at an early hour this morning in the park and at all the approaches to the Crest Southern and Western Railway, to witness the departure of her Majesty and the royal party for the Curragh. Shortly before ten she arrived at the terminus, accompanied by the Prinoe Consort, the Princess Alice, the Princess Helena, Prince Alfred, the Lord Lieutenant, and a numerous suite. The royal party was re ceived by the chairman of the company, Mr. William Haughton, and the train •t once pro ceeded ou its journey. Great crowds of ladies were assembled on the platform, and the Queen was most warmly greeted on her way from the park to the railway. CCIIRAGH CARP, SATURDAY. Her Majesty, the Prince Consort, Prince Alfred, the Princess Alice, and Princess Helena, arrived at the Curragh Camp at 11 this morning, and were re ceived with a royal salute of 21 guns. The review commenced with the marching past of the troops in the centre of the plain opposite the clock tower. A sham fight then ensued, and occupied several hours. The inawouvres were on a most extensive scale. The Royal cortege was followed in its movements over the plain by a vast crowd who frequently burst forth in cheers. The weather was showery. The number of troops ou the ground exceeded fifteen thousand men, and there was a vastconcourse of spectators., not only from Dublin, but from Kil kenny, Carlow, and the surrounding country. The sham tight concluded at 2 o'clock, when her Majesty and the Prince Consort proceeded to the quarters of the Prince of Wales, where they par took of luncheon. DUBLIN, BATCSDAT NIGHT. The Queen and royal party returned from the Curragh shortly before 6 o'clock, and proceeded to the Viceregal Lodge, amid the reiterated cheering of those who lined the route. It is understood that her Majesty will not leave the Vioenigal Lodge to-morrow. Divine service will be read for the royal family in the private chapel of the Lodge by the Rev. Um Dean of the Chapel Royal. DUBLIN, SVIDAT. The Queen did not appear in Dublin to-day. Divine Service waa read in the private chapel of the Vice-regal lodge ; but in the earlier part of the morning, her Majesty, accompanied by Princess Alice and Princess Helena and Lady Churchill, walked in the private ground► of the lodge. The Prince of Wales arrived from the Curragh today, and joined his illustrious parents at dinner. To-morrow, at 10 minutes to one o'clock, her Majesty and the royal party will /let out on their journey fur Killarney. WE "EXPRESS, MONDAY (mom nm co* clacupa.) VICIROGAL LOUIE, Ammo. Mit. The Queen and the Prince Consort, accompanied by the Priacess Alice, Princess Helena, and Prince Alfred landed yesterday swain at 11 o'clock, at the new pier at Kingstown, sad proceeded by Wain to Dublin. The royal dinner party in the evening included her Majesty the Queen and the Prince Cormort, Princess Alice and Prince Alfred, the Lord• Lieutenant, Lady Churchill, Farl Granville, the Duke of Wellington, Viscount Sydney, Sir Robert and Lady Emily Peel, lady Caroline sod the Misses Lamellae, the Hoe. Victoria Stuart Wortley, Gene ra Sir George and lady Brown, Major and the Hoe. Mn.s Begot, Viscount St. Lawrence, Colonel the Hon. Sir Charles Phipps, Lieutenant-General the Hoc. C. Grey, Sir Thomas Larocca, K.C.R, Myer Du Plat, Major Cowell, Dr. Jennie, Mr. Coakeral, A.D.C., Mr. Hatchet; Captain Marshall, A.D.C., and Major She Hoe. Georgealia, A.D.C. in Waiting. AUGUST 24. The Queen received yesterday morning the Lord Mayor of Dublin at eleven o'clock, who presented a loyal and dutiful address to her Majesty from the corporation of the city. TM Queen waa "attended by Earl Granville, E.G., Vis count Sydney (Lord Chamberlain), and the ladies and gen tlemen in waiting. The Prince Consort, attended by Major Du Plat. went to the camp at the Curragh of Kildare. His Royal Highness lunched with the Prince of Waleto and returned to the Viceregal-lodge at about four o'clock- The Queen and the Prince Consort, with the Paincessus Alice and Helena, and accompanied by his Excelleacy the Lord-Lieutenant, drove out in the afternoon. The Hun. Victoria Stuart Wortley was in attendance upon her Ma jesty. _ - Major• General the Hon. C. Grey, Major Du Plat, and Captain Marshall, Muter of the Hone to the Lord Lieu tenant, likewise attended on horseback. The dinner party In the evening consisted of the Queen aad the Prince Consort, the Princess Alien, Prince Alfred, his Excellency the Lord-Lieutenant, Lady Churchill, Earl °marine, the Justice of Appeal, the Duke of Leinster, the Marquis and Marchioness of Headfort, the Marquis and Marchioness of Kildare, the Countess of Charlentoet the t sgers Earl of Fingal!, Lord Otho Fiid Viscorust Sydney, Visoonatess Forbes, Lady and Mies Campbell, the Hoa. Victoria Stuart Wortley, Lieut.-General the Hon. C. Oyer, Colonel the Hon. Sir C. B. Phipps, K.C.8., Mr. and Mr'. Butler, Major Du Plat, Major Cowell, Mr. Everard, Dr. Jenner, Captain the lion. L. Apr Ellis, Captain Marshall, A.D.C. ioWaitiag, end Major Begot (controller). :launders's News of Saturday thus notices the doings of the august party : For the present the curious public must rest contented with knowing that her Majesty has arrived in Ireland, and has tied her residence for three days at the Viceregal Lodge. As yet her visit bas been completely devoid of any remarkable features of interest. Perhaps this is, after all, the most agreeable fact that could be mentioned. That the Queen of this great empire should for a while divest herself of the irksome robe of state ceremonial, and should come to Irelsad to spend a few quiet days in the most beau. tiful district within her wide dominions, must be regarded as a gratifying proof of her confidersosin the loyalty and affection of the Irish people. Except to a few unquiet and ambitious winos', who would gratify their love of pomp and prude at the expense of her Maniety's comfort and in opposition to her expressed wish, this is doubtless very pleasiug intel ligence. But though she has dispensed with all needless ceremony, the Queen is no lees a welcome guest. To see ' her passing through our streets, to know that she is well, to hope that her visit will be productive of happiness and good, and that the pleasure of her short stay may not be marred by the wet weather frequent in a humid climate—in the opinion of many far too frequent of late—will be enough for the greet mass of her Majesty's Irish subjects. Those who wish for seething else will be obliged to rest in their discontent. Thr; royal yacht came in without observation ; the lending, alt houg h it took plan in the sight of many thouseado, wasstn studiously free from any show Of display ; the peeing of the royal carriages through our streets was rapid and quiet ; and although bee Majesty has twice driven about IMDlin , she has not spent any time in visiting public please There was a general expectation, created by a pa. mewls which appeared in some morning papers, that her Majesty would examine the treasures of art contained in the Dahlia Society's Exhibition. This announcement, it is right to state, was made without authority ; and it is just as well to mention, in order to prevent the disappoiutrueot of large crowds, that on Sunday the Queen will not attend public service either in the tissue Chapel or the cathed.als. From an early hour yesterday people began to pour into the Exhibition building; the galleries were thronged, and groups of well-dressed people spent the day In wandering utlaesly between the hall and the refreshment rooms. The hours posed by and uo royal visitor amved, still the crowd kept isareasisg until six o'clock, when the gates closed fee the evening. n Kildare-chest the footpaths and windows were occupied by hundreds of spectators, all doomed to disappointment. A similar scene was enacted in Marl. borough.strest, in front of the Model Schools. Not three public places alone, but every leading street exhibited un usual aaimatioo. At every corner there were scores of spectators, and the thoroughfares were amasionally blocked op with urriages and cake. Early in the morning her Majesty, attended by lady. Churchill, walked in the vicerega l gardens for a short time. The weather wee in pleuiog °entreat to the previous day, mad a fresh breeze and a warm sun had dried the ground in • few hours. Shortly before 1 o'clock the Lord Mayor, acootopsaied by his secretary, Mr. John Mattis, arrived at the viceregal lodge, and had an audience of the Queen, to whom be wee presented by his Excellency the Lord. Lie utenant. His lordship placed the address of the corporation in the hands of her Majesty, who was pleased to expects the pleasure which she felt in visiting Ireland, and to say that a reply would be forwarded to the addle. At four o'clock her Majesty, accompanied by the Priam Consort and the Lord Limitation'. proceeded to the pleasure grounds adjoining the Lodge, where prepa rations were made for phintiug trees to commemorate the present visit. The Queen planted • fire specimen of the Wellington Climiatea. The Prince Consort, the Prin cesses Alice and Hakim, sad Prince Alfred also planted trees. At five o'clock precisely the Queen left the Viceregal Lodge, accompanied by the Prince Consort, the Lord Lieutenant, and Lady Churchill, and drove into town by the North Circular-road A snood enrage was occu pied by members of the royal suite. As soon as people became aware, by seeing the outriders in adman, that the royal carriage was approaching, crowds gathered at every point from which • view might be obtained, sod her Majesty was greeted with the warmest derrou. delirious of respect, though the natural enthusiasm of the spectators was kept in bounds, in deference to the Queen's wishes. The canine drove through Itleesiog. tea-street and lliveodish.row. At Nelson's Pillar the steps were thronged, and the windows along Sackvillestrest were cocapied by expectant ladies. 'Mose who had taken up their places upon the Quays and in front of the Exhibition had to suffer dimppointment. At the Bank • vast con course of people were waiting, and College-great was blocked up with equipages of all denriptiooa. As the royal carriage paned neve was great cheerio' aod waving of handkerchiefs. Several cars attempted to follow too closely, but were prevented by the police, who kept excel lent order. It was to be hoped that during the Quoits's stay no aurorae. would have been caused by inquisitive ar sons or idle crowds ; but the close pursuit cd the royal cortege by cars and carriages has to some extent cheap ' pointed the hope. The police wisely exercised their power in restraining this disagreeable curiosity. Her Majority's carriage chore thiough Naaaau-street, Clarestreet, Metrion square to Stephen's-green, and from theooe by Hercourt• strait to the Circular-reed, sod returned to the Viceregal Lodgeby way of Kilmainharo sod Island-bridge. At eight o'clock a distinguished and select party dined with her Majesty. At half-past ten o'clock cm. his Royal Highness the Prince Consort, attended by Major Du Plat, drove to the King's-bridge Terminus, where he was received by Mr. Taylor_ , secretary, Mr. liberty, trifle superintendent, an Mr. Millar, engineerinchief. H:s Royal Highbeas proceeded to the Curregh by special train, and arrived at • quarter-past eleven o'clock at the siding. He spent several hours in the camp, and was conducted through all the squares and shown the arrangement. which Sr. monk, the accommodation of infantry and cavalry regiments. He then drove to the hut occupied by the Prince of Wales, where he partook of lunch with his royal highnees. The Prince Consort left the Cornet siding at a quarter-poet three, mad 10 half an hour reached the King's-bridge Tsrmi. nos, whore he was received by Me Haughton, chairo,an of the board, Mr. if urland, deputychairman, and other direc tors. At four o'clock his Royal Mahone rejoined her Ma jesty at the Viceregal Lodge. Shottlyafter noon the Priestess Alice, the Princes Helen, and Priam Alfred, accompanied by the Hon. Miss Wort. ley Miss Hildyard, governess, Sir Charles Phipps, and 114 w Cowell, drove into town. Their royal highnesses to the Castle. where they were met by Lady Ttlss,who accompanied them through St. Patrick's hell aad the prinked rooms. Afterwards the Castle chapel was visited. The carriages than drove to Trinity College, where the Bs.. Dr. Todd and Den Graves met the royal party an conducted them through the exioninatioo and din* halls, the library, and the museum buildings. The only other fellows prevent were the Professors Galbraith and Hsngbtou, and the Rev. R. OirmiclebeL As it is vaca tion time, sad the college is coni_paratively empty, there were few students to be seen. Thar Royal Highnesses afterwards visited the Museum of Irish ludustry, where Sir Robert Kan was present to receive them, and the Custom-hew. 0. Monday her Majesty proceeds to )(inanity, at a quarter to one o'closk, by s p ec i a l tram. The aide will travel at an 11111111101 rate of :38 miles an hoar, an will reach Killarney at s ix. Tuesday will be „saps with Lord Kenmore, and Wednesday with the Right Hoe. Henry Herbert. Great preparation have bees made for her Majesty's reception. On Thursday the loyal party will sasses to Debbi; proceeding direct to KiNgstowe, and will embark in the Victoria and Albert. Her Majesty is expected of Friday atßaLmoralCaatle, where Prises Arthur, the Princes!' Beatrice, another members of the royal family are waiting her arriv al EV;2lll4 ' , AUGliffr 26. 1861. LATN37/ INTELIIGENCE. AMERICA. ---•-- GRFAT BATTLE AT SPRINGFIELD. DEFEAT OF THE NORTHERNERS. LIVERPOOL, SUNDAY. The Royal Mail steamship Africa, Captain Shannon,which touched at Queenstown last evening to land mails and despatches, arrived in the Mersey at 2 o'clock this afternoon. She brings New York advioes to the 14th instant. A serious battle had occurred at Springfield, Missouri. The Ncie York 'Jerald of the 14th inst. gives the following details : The most important news from the seat of the war which we have to record to-day comes from Missouri, where the pliant General Lyon has been contending in the south western portion of that state with an immense force of the rebels, end this news, we regret to say, tells of the death of General Lyon and the retreat of his army. It will be re membered that on the Bth inst. General Lyon had a fight with his advanced guard sad that of the rebels tinder Ben M'Culloch at Dug Spring, near Spring. field, where he endeavoured to draw the latter out of his shelter in the woods. It appears from official intelligence received by Major-General Fremont, at St. Louis, from one of General Lyon's sides, that the fight was renewed ou the 10th, at half-past 6 o'clock. Three oolumins of the Union forces, respectively commanded by Gen. Lyme, Geo. Siegel, and Maier Sturges', numbering in all 8,000, being engaged on one side, and a body of rebels, under General M'Culloch and General Price, num bering 21,000, on the other. The battle took place at Davie Creek, about nine miles south-east of Spring field. Against this immensely superior force, which was oomposed of regiments from Louisiana, Mississippi, Ten sasses, Arkansas, and 'NINA, the troops of General Lyon were still able to maintain their ground, and pressed the enemy back to their encampment on Wilson's Creek, which General Siegel actually occupied for the night ; but fearing a flank movement of the rebels, he withdrew his amall force. Gemini Lyon was killed while charging at the head of his column. The engagement was a severe one. Eight hun dred of the Union troops are reported killedeand wounded. The loss of the rebels was very heavy, and is said to include Generals M'Culloch and Prim. All the tent, and waggons of the rebels were lost. General Siegel effected a retreat to Springfield in good order,and from there fell back on Rolls, the terminus of the south-west branch of the Pacific Rail road, leaving only one gun behind on the field. He captured ninety prisoners, and brought beck as a trophy the hone and sword of Ben !Manch, together with 25,000 dollars in specie from the Springfield Bank. At last report there was no appearance of pursuit on Siegel's retreating columns. sod his army was considered safe. The report of the rebel lose has been coafinned by the statement of primmere taken, and their numbers have been ascertained by the muster rolls found on the field. A despatch confirming the account of the battle and the death of General Lyon was received yesterday at the War Department from Gemmel Fremont. A telegram, dated St. Louis, August 13, says :—" In con sequence of the recent speci►l trains on the South-West Branch, and the extensive preparations made here for seed ing reinforcements to General Siegel, no trains came from Rolla to-sight. Nothing further has been received from SPtillgUld• "The polies-office was taken possession of this evening by the United States authorities, and special orders issued to place the Home Guards under arms at the various armouries, to be prepared for any emergency. The city is quiet now, and no apprehensions of distortence are felt. " It a understood General Fremont will declare martial law to-morrow. A loan of 250,030 dole. was effected from our banks to-day by General Fremont, Heavy siege guns ►re being mounted, to command the various approaches to the city. " It is dated that General Siegel would have lost another gun had he not compelled the priaoners to dreg it off the field." The following is a verbal report, taken from a special messenger who brought despatches for General Fremont : Early on Saturday morning General Lyon marched out of Springfield to give battle to the enemy. He came up to him on Doris Creek, on Green Prairie, a few miles south west of Springfield, where he had taken a strong position on rolling ground at twenty-minutes pest Gis the morn ing. General Lyon fired the first gun, when the battle immediately began. Severe cannonading was kept up for two or three hours, when the fire of Captain Totten's artillery proving too never, for the enemy, they gradually fell back towards their encampment on Wilson. Creek. General Lyon's cavalry posted on the enemy's left flank, and General Siegel's artillery on the right, then began • terrific attack, and spread slaughter and dismay in the ranks of the enemy, pursuing them to their camp, shells from Totten's artillery setting fire to their tents and baggag e waggons, which were all destroyed. A Louisiana regiment and • Mississippi regiment seemed to have suffered most in the fight, and were almost annihilated. Some time in the afternoon, as General Lyon was leading on his column, his horse was shot from under him. He immediately mounted another, and as he turned round to his men, waving his hat in his hand, and cheering them on to victory, he was struck in the small of the beck by a ball, and fell dead to the ground. The command then devolved on Gomel Siegel. Pursuit continued till night-fall, when our little army rested for the night in the encampment of the enemy. Sunday morning General Siegel, fearing the enemy might recover and attempt to cut his command off from Springfield, fell hack upon that city, where the Home Guards were stationed. On reaching Springfield, fearing the great numbers of the enemy might induce them to get between him and Rolla, General Siegel concluded to fall back upon Rolla with his provision trains, and meet the reinforcements which were on the way to him. At the latest moment of the departure of the messenger the enemy had not been seen, and it is probable General Siegel has not been disturbed in his march. Ninety of the rebels were captured, among them a colonel of distinction, the mes senger not remembering his name. The sword and horse of General M'Culloch were the trophies taken. Reinforce ments are on the way to Rolla, and General Siegel and his army may be considered safe. Prince Napoleon had returned to New York He was received at Manassas by Generals Beaure gard and Johnstone. President Lincoln had appointed the last Thurs day of September as a day of fasting, humiliation, and prayer. A number of surgeons who were captured at Bull's Run, and several privates belonging to different regiments taken at the same time, bad been landed at Fortress Monroe under a flag of truce, and arrived in Washington yesterday. They were under parole not to serve against the rebels until they were regularly ex changed. They were complimented by Generals Johnstone and Beauregard for their courage in remaining on the field of battle. The returned prisoners stated that the prisoners at Manassas were kindly treated. Prisoners were changed at Richmond. _ No military movement of importance had taken place at Washington. Orders had been issued from the navy depart ment for the construction of five out of the twelve steam gunboats authorised by government. Charles J. Faulkner, of Virginia, lately United States Minister to France, had been arrested at Washington by the provost•marshal on a charge of treason. The charge is based on acts committed at Paris, in purchasing arms for the rebel stated' whilst representing the United States government, and endeavouring to procure the recognition of the Southern Confederacy by the government of France. Mr. Faulkner was sent to gaol by order of the Secretary of War, and a formal examination would take place immediately. The appropriations made by the late Convene for the support of the war amounted to 259,675,990 dollars. Major-General Wool had been ordered to Fort Muntoe, to supersede General Butler in command of that post. • The New Ymk Herald makes the following im ptabsble statement : _ _ _ The offer made by Garibaldi to our government laf bit services has been accepted, and he is to receive the rank of Major• General in our army. His name and presence will be of immense value to the Union 011 MOS. They will prows to the English and French government that it has the sympathy of the friends of human freedom throughout the world, and that any interference in favour of the South will expose them to a severe retribution at their hands. The following European consular appointments had been made :—To Glasgow, John S. Pretti man, of Delaware ; to Londonderry, Thomas McCunu, of New York ; to Revel, Henry B. Stacy, of Vermont ; to Paris, John Bigelow, of New York ; to Leghorn, Andrew J. Stevens ; to Am sterdam, F. J. Mauna. Reliable information received from St. Thomas state that the notorious privateers Sumpter and Jeff. Davis were located, the former at Curacoa, and the latter at St. John's, Porto Rico. The Minister of the Interior was about to pay a visit to New York in order to attend a meeting of the United States marshals, to confer with them as to the beet means of more effectually suppressing the slave trade. The Confederate Congress at Richmond passed, on the Bth inst., several important bills. The first is entitled "An act further to provide for the public defence," and authorises the president of the Southern Confederacy to ask for and accept the services of 400,009 men, to serve for a period of not less than twelve months, nor for more than three years. The second act is for the extension of the army organisation over Kentucky, Missouri, Maryland, and Delaware, and authorises the President to commission officers to raise and command volunteer regiments and bat talions, to be composed of persons, who are, or have been, residents of these States. The third act declares, that all male adult in habitants of the Southern States, and not citizens thereof, shall in time of war be liable to arrest and removal as alien enemies, provided that the act shall not " extend to citizens of the States of Delaware, Maryland, Kentucky, Missouri, and of the district of Columbia, and the territories of Arizona and New Mexico, and the Indian territory south of Kansas, who shall not be chargeable with actual hostility or other crime against the public safety, and who shall acknow ledge the authority of the government of the Con federate States." Section 3 of this act provides that immediately after its passage, the President shall, by proclama tion, require all adult male citizens acknowledging the authority of the United States within the limits of the Southern Confederacy to depart thence in forty days, and that such persons remainingtshall be liable to be treated as alien enemies. Iu case these persons are not chargeable with ac tual hostility, the President shall prescribe such time for their removal as may be consistent with public safety, the dictates of humanity, and national hospitality. Tus Kr.sTucKy ELIA:110N. —According to the returns given in tee latest Kentucky papers, the Senate, as far as heard from, stands 26 Union, and 2 secession ; and the Lower House, 58 Union, to 17 seoesaion. THE NORTH AND THE SLAVES. The American Secretary of War had replied to General Butler's request for instructions as to the disposal of slaves taking refuge with the Federal forces to the following effect : It is the desire of the President that all existing rights all the states be fully respected and maintained. The war now prosecuted on the part of the Federal govern ment is a war for the Union ; for the preservation of all constitutional rights of States, and the CitiZOOS of the State s in the Union. Hence no question can arise as to fugitives from service within the States and territories - itiTaertrie authority of the Union is fully acknowledged. The eedimay forms of judicial proceedings must be respected lby military and civil authorities alike, for the enforcement of legal forms. Bat in the States wholly or in part seder insurrectionary control, where the laws of the United States are so far opposed and resisted that they cannot be effectually enforced, it is ob ' vious that the rights dependent upon the execution of those laws must temporarily fail ; and it is equally obvious that the rights dependent on the laws of the State within which military operations are conducted must be necessarily subordinate to the military exigen cies created by the insurrection, if not wholly forfeited, by the treasonable oonduct of parties claiming them. To this, the general rule of right to services forms an ex ception. The Act of Congress, approved August 6, 1861, declares that if persons held to service shall be employed in hostility to the United States, the right to their services shill be forfeited, and such persons shall be discharged therefrom. It follows, of necessity, that no claim can be recognised by the military authorities of the Union to the services of such persons when fugitives. A more difficult question is presented in respect to persons escaping from the service' of loyal masters. It is quite apparent that the laws of the State under which only the service of such fugitives an be claimed must needs be wholly, or almost wholly, suspended as to the remedies, by the insurrection and the military mamma necessitated by it, and it is equally apparent that the substitution of military for bemeasures for the enforcement of such claims must be attended with great inconveniences, embarrassments, and injuries. Under these circumstances it seems quite clear that the substantial rights of local masters are still best protected by receiving such fugitives as well as fugi tives from disloyal masters, into the service of the United States, and employing them under such organisations and such occupations as eircumstanois may suggest or require. Of course, a record should he kept, showing a name and description of the fugitives ; the name and the character, as loyal or disloyal, of the master ; and such facts as may be necessary to a correct understanding of the circumstances of each cane, after tranquillity shell have been restored. Upos the return of mace Congress will doubtless properly pravide for all the poisons tlaui received iuto the service of the Union, sad for a just compensation to loyal masters. In this way only, it would seem, can the duty and safety of the government and the just rights of all be fully reconciled and harmonised. You will therefore consider yourself instructed to govern your future action in respect to fugitives from services by the premises herein stated, and will reportfrom time to time, and at least twice in each month, your action in the pre. mises, to this department. You will, however, neither authorise nor permit any interference by the troops under your roinmaed with the servants of peaceful citizens iu • house or field, nor will you in any way encourage such ser vants toi leave the lawful service of their mestere. Nor will you, except in cases where the public good may seem to require it, prevent the voluntary return of any fugitive to the service from which he may have escaped. DAY OF FASTING, HUMILIATION, AND PRAYER.—A PROCLAMATION BY THE PRESI- DENT OF THE UNITED STATES OF AMERICA. Whereas, a joint committee of both Houses of Copper has waited on the President of the United States, and requested him to recommend a day of public humiliation, prayer, and fasting, to he observed by the people of the United States, with religious solemnities and the offering of fervent supplications to Almighty God for the safety and welfare of these states, His blessing on theirarms, and a speedy restoration of peace. And whereas, It is fit and becoming in all people, at all times, to acknowledge and revere the supreme govern ment of God; to bow in humble submission to his chastisements, to confess and deplore their sins and transgressions in the full conviction that the fear of the Lord is the beginning of wisdom, and to pray with all fer►ency and contrition for the pardon of their past offences, and for a blessing upon their present and pro. spective action. And whereas, When oar beloved country, once, by the blessing of God, united, prosperous, and happy, is sow afflicted with faction and civil war, it is peculiarly It for us to recognise the land of God in this visitation, and in sorrowful remembrance of our own faults and crimes as a nation and as individuals, to humble ourselves before His, end to pray for His mercy ; to pray that we may be saved from further punishment, though justly deserved ; that our arms may be blamed and made effectual for the reestablishment of the law, order, and peace throtigh.ixt our country, and that the inestimable boon of civil and religions liberty, earned through His guidance and blessing by the labours and sufferings of our fathers, may be restored to all its original excellence. Therefore I, Abraham Lincoln, President of the United States, do appoint the last Thursday in September next ea a day of humilia tion, paver, and fasting for all the people of the nation, and I do earnestly recommend to all the people, and especially to all ministers and teachers of religion of all denominations, and to all heads of families, to observe and keep that day according to their several creeds and modes of worship in all humility, and with all religious solemnity, to the end that the united prayer of the nation may ascend to the throne of grace, end bring down plentiful blaming' noon our own country. In testimony whereof I ha►e hereunto set my baud, and caused the great seal of the United States to be ailed this 12th day of August, A.D. 1861, and of the Indepetdence of the United States of America the eightykixth. ABRAHAM LINCOLN. By the President, WILLIAM H. SEWARD, Secretary of State. COMMERCIAL INTELLIGENCE. The New York Shipping and Commercial List of the 14th Gaye : The great event of the times in financial circles has been the advent of the Secretary of the Treasury, in Wall-street, who came from Washington expressly for the purpose of holding a consultation with banker and capitalists, in regard to the new United States Loan authorised by Congress at its late extraordinary session. Two or three meetings have been already held without, however, arriving at any fixed conclusion. and the final meeting was adjourned over until to-day, when • general meeting will take place of the !audios hankers of New York, Boston, and Philadelphia. The bankers and capitalists, without exception, so far as we can learn, manifest a perfect willingness to support the government to the full extent of their ability, though many of them are not altogether satisfied with the manner in which the loan will have to be negotiated. It is the general opinion that Mr. Chase has not been in vested with sufficient discretionary powers, and the provision made by Congress for the redemption of the treasury notes, which are to be issued and thrown on the market, is regarded rather nufavounsbly, and as not being at all calculated to tempt capitalists to subscribe very liberally. Nevertheless, the bankers and monied men generally appear to be animated with but one idea, and that is to furnish the government with means, and to do everything in their power to support the nation's credit. The meetings which have already been held here and elsewhere have demonstrated this fact in a most striking light, and have also proved that the leading bankers and capitalism are even more unanimous than has been gene rally supposed. Some diasstisfaction is canied by the clause in the Loan Bill which prohibits the secretary from accept. ing bids below par for the 7 per ant. notes, and it is argued by some that, bad Congress left it optional with Mr. Chase to negotiate the loans according to his own judgment, he would have experienced no difficulty in obtaining any amount for which be might ask. The weekly statements of the banks show a large increase in the specie. The reserve is now upwards of 48,600,000 dole., and the usual California remittance of 941,031 dole. will increase it to nearly, if not quite, the unprecedented amount of 50,000,000 dole. The movement still presents the some features—a rapid accumulation of specie and a steady catraction of loans. The decrease on loans ia 1735,169 dole., and the increase in specie 2,403,935 dole. Business has been light and operations have been conside rably interfered with by the inclemency of the weather. Some of the leading articles affected by the treaty, or the supply of which is limited by the blockade, continue in active demand at rapidly enhancing prices. In the money market there is nothing new. Loans on call, stock securities, 4 to 5 per cent. per annum ; ditto on bond and mortgage, 6 to 7 per cent. per annum ; prime endorsed bills, 60 to 90 days, 6 to 7 per cent. per annum ; ditto four to six months, 9 to 10 per cent. per annum ; first class single signatures, 17 per cent. per annum. On the stock market yesterday the operations were very light, but the market was generally firm. Tennessee Sixes, 454 to 454; Virginia Sixes. 51 to 544; Missouri Sixes, 444 to 444 ; Pacific mail, 764 ; New York Central Bad, 744 ; Erie Rail, 264 to 264 ; Reading Rail, 364 ; Michigan Central Rail, 424 to 4'24 ; Panama Rail, 107 to 108 ; Maxis Rail, 644. In exchange there has been a rather bettor business for the steamer, though at somewhat irregular rates. At the close there was little doing, but prices generally were firm. We quote bills oo London, 106 to 1074 per mot. ; Paris, Mr. 324 c. to sfr. 40c. ; Amsterdam, 394 to 394 ; Hamburg, 344 to 35. QUEENSTOWN, ACCENT 24. The Royal Mail steamiddp Attica, Captain Neill Shan non, arrived here at 6 p.m., and brings 59 passengers. She aided all mails, swept those for Liverpool and the Scotch marls, and proceeded at 6.30 p.m. all well. The Africa left New York ; on the 14th inst., on which day the Persia arrived out. QUEENSTOWN, Aucuer The Royal Mail Company's steamship Arabia arrived here at noon today ; embarked mails, pa mongers, and latest telegrams, and proceeded at 4 p.m. for Halifax and Boston. All well. (acorn's nuca FRANCE. THE CESSION OF SARDINIA OFFICIALLY CONTRADICTED. PARIS, Aucuar 26. The Moniteur of this morning contains the following : " Mr. Roebuck has recently affirmed that be knew of the existence of a convention by which the island of Sardinia would be eventually ceded to France. "We give a formal denial to this assertion. Not only does such a convention not ex kt, but even tho thought of entering into negotiations on this sub ject with tho cabinet of Turin ha., never occurred to the Emperor's government." ITALY. THE ENGLISH AT NAPLES. The Paris correspondent of the Indjpendance says :—" The new position which England is seek ing to assume in the affairs of Italy is the topic of every conversation here. English troops land every day on the territory of Naples, and in the evening they re-embark. They have given General Cita dini a half battery of rifled cannon for the arming of Fort St. Elmo, with the necessary munitions for their use." NAPLES, Ayala 24. News has been recei red here that Colonel Loren hiis attacked Chiavone's baud on the moue. tains near &Ilia, in concert with the French. ...... . Advicee from 'Sore to the 23rd inst. state that it was rumoured that some French troops had arrived at Castanvita, in order to prevent Ohiavoue from entering Roman territory. FLORENCE, Ammar 25. The Nazione of to-day publishes adespatch from Rome, dated 23rd inst., stating that a baud of 600 reactionista had set out from Rome in the direction of the Tuscan frontier. PARIS, Avower Z. The Pays of this evening says :—" tieneral Pinelli Las defeated a band of brigands in the environa of Avellioo„" TURIN, Acausr The Chevalier Visone, lutemlant-General of Piacenza, will temporarily replace Signor Cantelll at Naples. HUNGARY. PESTR, A ',GUM' 25. Two circulars, addressed by the Hungarian Chan cellery to the Obergespaus of Hungary, arrived here yesterday. One of these circulars contains the assurance of the Emperor's intention to maintain the' Hungarian constitution intact. In the other hopes are expressed that the public mind will remain tranquil until the assembling of the new Diet, and that the attitude of the people will be such as to render a reconciliation possible. The Emperor also solemnly declares that he has no intention of incorporating the Hungarian crown