The Express. — London, England, 1860-07-30 00:00:00

BINBON*B WATOHIS. Piefaction of inerhanlum ° —lforning Peet. Gold watebea, 4to lOU woluras . dhow. 2to 30 getwerm Wed km stamps for 1k...0n . Illustrated Pamphlet. deesetptlvis even construction of watch sow mute. Watches seat to all pule .4 th•woda.—ss ud 34 Lad ate-BALL, i C Jistablikkad 1745. SECOND-HAND PIANOFORTSS. h . n ewn,„.,,, a b ld Z.= stuttia make k ssortmeat great)) ...load prices -101. le/es4eYaet• !WEET FUMIGATION.—PIESSE and LUBIN'S ILIBBI iN of 8111.70112L—Llitit It, blow out the Cane. and as it smoulders & frammat vapour will rise into the W. Enough for a months 4.11 y l• • boo, la. ;filtered at Sta. Collura' Hall —Perfumery Factors. 2. New load-street. gut •x,rews. Tv) e 9 RIIERPONDC47I haviellsmenta Iratedl,l for - The lams" 1110 , 1013 Ermine Pew, roust be at the °thee, W, Botoselhatreot, by Two •1 ea Me day of publhation. RA YNIAJULET. TIM ZTTIONI. THE OrY.X.LAND IiaICTL Messrs. Chippen dale. (sonnies'. Blackstone, nod C. Madams Mn. C. Mathes...— Hl' , I.:X.T.LLENCY. Mr. and Mn. Charles Mathews.—And A litsdllANU AT SIGHT. Mr. Compton; Mm L PRIICDISII. Tln L'enTell. WWI Tltrrill—Tbe Proverb vaudeville. PA' DE El tik..k SANS PEI' —LVA PLTITO MI , ER7A DE LA IE lit MAI NM. —AN AMEireCADI AT INILERII A —And 111111 el MAULED. Miss Carlotta laselerai.-4. ummeme at 7. •lIThM(IA. ETTNIVO, r St. Cane Mr. J jwyrowle —The =rat MACK NET in hie renowned ENTIOITAI N• 311iNT.-11A1MENT AND A00N164: or, The Spectre Num with Ike libewhas Baznum.—Aad Wt'l 111 V. t TAX OMAN lOW. MOH MAT= AT LONDON DILIDOL Tirvi DAT —Marais& oh. Om Athemos, INL Um To-Neasui—Nenlai. Ih. Im Aihmoots. 111. Voi. LONDON, MONDAY, JULY 30. THE disclosures which are being made from day to day at the meetings of creditors of the insolvent firms in the hide and leather trade are sufficiently instructive. First impressions are frequently erroneous. When the explosion took place, the public leaped to the conclusion that the whole of this branch of trade would be plunged into embar rassment It soon became clearly seen, however, that the effects of the crisis would be for the most part limited to the great house which has fostered the system of over-trading and to the firms con nected with it. Up to the present time it has been believed in some quarters that the estates of man y of the latter would prove to be solvent,and some thing has been heard occasionally about the hardship inflicted upon respectable houses which have been brought to a suspension through unavoidable en tanglement with the speculative section of the trade. The results of the hard figures laid before the meetings of creditors are of a character to extinguish all unwholesome sympathies. They show, as might have been expected, that every house which has been brought to a stoppage is hopelessly insolvent, and that the dividends in many instances will be wretchedly small. It is evident that the precipitation of the catastrophe is to the public advantage ; and the principal source of regret is that the system was permitted to maintain itself so long through the undue facilities accorded by competing money lenders. The whole of the failed houses hung together, and at least one half of them are proved to have habitually dealt in accommodation paper. The amount of baseless bills traced in Mews. S ixe's case is 56,0001., but further ramifications may come to light in the course of the proceedings in bankruptcy. Others of the insolvent houses are found to have resorted to the device of exchanging bills. Koine light is thrown, too, upon the manner in which the no-called "profits" of the protecting firm of S • sho o Lsesexer., and Co. were obtained. Though inextricably involved with its dependents, and absolutely compelled (apart from the alter native of stoppage) to support them, 110 matter at what cost, the large firm knew well how to feed upon them. For example, there is the case of Mr. T. RANDALL, trading under the style of PARKER and Co., and described as a boot and shoe manufacturer and govenuuent con tractor, of Highatu-Ferree and London. This trader, it appears, commenced business on his own account with a capital of only 3501., and has since been enabled to keep the ball rolling princi pally by means of ash advances from Messrs. Sivas►rsrmcu, who charged upon them in most in stances 2 per cent. onntnimi ~,,, in addition to 5 per cent. discount. These highly irregular charges went towards making up the 108,11001. of profits which Messrs. STRLATVEILD are said to have realised in three years. But what a farce it is to talk of profits when they figure as creditors on the estate of their eoustantly embarrassed cus tomer to the extent of 24,1181. His total liabili ties are 46,6161.—a tolerably large amount for a person who began business six years ago with 3501. capital. It is rather surprising to fad that, after what must have been a career of incessant pecuniary difficulty, Mr. RANHALL is able to offer his creditors is. Gd. in the pound. His books, it seems, are three or four years in arrear. There are further revelations of an uncom fortable tendency. Mumma. Hoormt and Pal ms/me, hide and hark factors, show 43,715/. of liabilities, and, on paper, 10,757/. of asset,, or leas than /is. in the pound. This tins also br,•an business with a very small capital. Mr. WILLIAM DicLise, army boot and shoe contractor, of Northampton, has 20,9091. of liabilities and 3,339/. of assets, or, possibly, 3s. in the pound. The creditors of Mr. W. G. Gloms, tanner, of Godalir.ing, have handed him over to the Bank ruptcy Court, the liabilitios being 150,0001., and the assets about one-third of that large ainuunt. A similar measure is dealt out to Mr. Jost.rn Hoorr.a, whose estate is reputed to have been worth lila. in the pound on the 31st of December last, against 3s. 641. now. Mr. Mt - itiov, tanner, of Berueindaey, would have been nearly solvent but for his fatal connexion with Messrs. Brue.tv. rano, who persuaded him to permit overdrafts, or acoonunixlation bills, to the extent of 25,8011. He will now not pay more than 11a. in the pound. Mesons. W. and J. MACKINTONS, tanners, a firm in comparatively a small way of business, make a somewhat better show, being enabled to otter a composition of 12s. in the pound. Even in this instance, however, bills have been " ex " changed " with other houses in the trade. The same is the case with Mr. D. C • leather seller, of the New Kent-road, whose creditors accept a composition of fts, in the I' ma. Messrs. Jove ltioLer and Sow, hide and leather nwrchants, of Newcastle and Lau ~,,, hate liabilities to the extent of 23,0841., and, hat iog carried on lenitive' 'luring the last two or three years without any capital, offer a composition of 4s. in the pound, payable some time within the next nine months. MOM'S. W. A. Paint and W. J. A hipera..‘o are small trailers : iu malaise in the pottlitl has been accepted. Mr. H. MoUTIMOIIt, tanner, of Chippenhani, likewise pays 10a. Mr. 111.71JAIIIN titbit., leather merchant, of Berusondasy-street, *bows M the Bankruptcy Court 1 7,978 f. Of liabilities, end 6,352 E. of 'mee t,. Finally, reverting to cases of a kw days' older date, we may recapitulate those of Menem J Sete H • • SMITH ILIA Co., tanners and leather merchants, who, with liabilities to the respectable extent of 1138,3064, offer he. in the pound ; and Mr. .1. I:. tun LLIVAN, hoot and shoe manufacturer, of the Mirough, ale troubles the Bankruptcy Court to take charge of an estate nominally of 60,0001., of which 47,5001. is blank deficiency—there is, therefore, a doubtful shilling in the pound. Mr. SULLIVAN must have been, in his time, a good customer to some money lender or other, for his balance-sheet exhibits payments to the extent of 4,0001. for " interest." An instructive list this. Considering the cha• racter of the firms with which the great house of STILLATIZILD and CO. were in the habit of associating, one can scarcely be surprised at finding that their creditors will think themselves fortunate if the ss. 6d. in the pound, or thereabouts, which appeared in the balance-sheet, does not dwindle down below 2s. 6d., particularly under the by no means inexpensive or hasty ad ministration of the Court of Bankruptcy. The dissipation of capital involved in this case is of itself a matter of great public concern, the direct liabilities of the house reaching three quarters of a million. It is probably fair to Legume that the statements which have hitherto been submitted to the public eye put the best aspect possible upon affairs, and that many ques tionable features have yet to be dragged forward. We dwell upon the details in no invidious spirit, nor with any desire to aggravate the tendency to distrust which is already observable in trading circles. But it is absolutely neceinary that the progress of the commercial gangrene should be unsparingly exposed for the pub lic benefit. Satisfaction is felt at the spirit of stern justice displayed upon the present occasion by many of the creditors. There is less than the usual amount of morbid sympathy with groan offender► against the usages of legitimate commerce. The manufacturers of accommodation bills are beginning to quake, for a disposition is manifested by the class on which they prey to turn over all transactions of this kind to the pitiless scrutiny of the Bankruptcy Court. Let this wholesome rule be by all means rigidly acted upon. The public owe thanks to those creditors who, even to the diaregard of personal considerations, contribute to the purification of the commercial atmosphere. The thought of the sacrifice, both of time and money, required for putting the legal machinery in motion, must deepen the feeling of regret with which the fate of the Government Bankruptcy and Insolvency Bills is regarded by the commercial world. In the market for public securities, interest centres almost exclusively at present in those of our British railways. The declaration from day to day by the principal companies of dividends larger than even the more sanguine of the shareholders had permitted themselves to hope for, furnishes a standard of the position which the whole of this class of property may yet acquire by means of economy combined with the judicious development of traffic. As home investments in timattly bound up with the real sources of the national wealth, our railway stocks appeal with peculiar force to the small investor, and not by any means in vain, av the scarcity of stock in the market and the rise which is taking place in prices sufficiently prove. What can be more significant than the continued upward movement in British railway stocks, which has carried the price of Midland up to 123, and that of Lancashire and Yorkshire stock to 109, at the very time when Consols are daily drooping ? We have here additional evidence that the public are at last beginning to appreciate the intrinsic merits of our home railway investments, discern ing in them a medium of obtaining the fair rate of interest which is needed in these days of heavy taxation, and which Consols yield but ina dequately. TIIE ANCLO•FAENCH ALLIANCE. (From the Mo►ning Post.) Friendly words are always acceptable from a neighbour, especially when it is in his power to give proof of his intentions and complete our satisfaction by deeds. If we are not misinformed, a letter has just been received in Loudon which cannot but ensure a hearty welcome from any Englishman who may become aware of its contents. An earnest desire for our alliance, coupled with the practical request that we should work out in Italy and in Syria a unitod policy, are subjects worthy of our willing attention ; especially when in the east the firm maintenance of the Ottoman empire in its independence and integrity, sod in Italy the renunciation and hindrance of all and any foreign intervention, are the lines of policy suggested as both judicious and desirable. If we add to this, that we have reason to believe that assurances relative to military and naval strength, of a frank and explicit character, form a portion of this duct'. bent, it will be readily admitted that we can hardly over • ita importance. The thought which would appear to have guided its author, and which we understand is repeatedly expressed, is the maintenance of peace through out Europe, the development of the commercial resources of France, and the cultivation of a good understanding sad common action between the two great Western Powers. LETTER PROM THE EMPEROR OP THE FRENCH TO THE IRISH PRESS. CIANNEL, MATriUUT. The following letter appears in this day's issue of the Tipperary Leataimer, the editor of which has repeatedly declared his divseut from the charges of euntity to the Pope which were mule by many of the Irish catholic journals against Napoleon 111. The letter is introduced at considerable length by the editor,who gives it as a complete pistitioition of his views of the French policy in Home. The following is the translation : " tin) Emperor'. Cabinet, Palace of St. Cloud, "July 6, 1860. " —When in a country the press passionate ly persists in forgetting itself in order to calumniate and misrepresent the intentions of a foreign sovereign, nothing can be more ideating, or even more consoling, than to see a clever and disinterested writer rise up sputituntnmsly to defend him. Pont, sir, have been that wiitar. You have hail the singular merit, iu resisting the general overwhelming timiteee, to oppose a conscientious judgment to false interpretation, and a calm voice to the clamours of malevolence. Thus ILICIANIS bas gruilutilly eniwneil your efforts, and if the error he nut totally destroyed it is at least already much enfeebled. Su much power &ea ti nth bestow on hint whom she animates with her inspirations. I have then, with teal satisfaction, submitted venous articles published iu your esteemed journal %tithe Emperor, and his Majesty entertains for them the wise of gratitude, the sincere expo' nsion of which he charges me to address topic'. Accept, sir, the assurance of my moat distinguished consideration. " The ilioperor's tiecretary, Chief of the Cabinet, •• Dltu'Vl AND. " A W. Hornet. Esq., proprietor and editor of the Lint wh, nrperury, dud Waterford Examiner, tloninel, Ireland." Loan Ctrns.—The Cosmopolitan Club, of which Lord Clyde has long been • monolog., h..d the honour of bring the fir.: to eutertein his lonLehip and hie personal stns on Matoinlay night, ou hie return from the *retie of him dnainguished services. The dinner took place at the Alderegskatreet, and was attended I. the following gentle. men :—Mears. E. C. Stirling, (i. Enseell, W. M. Tluickersy, JaereaSpedding, Sir John almscis, Colonel Sir Anthony Surlios,X.C.B. ; Lord Manley M.P. ; Higgins, the Hon. P. Braes, Alfi od Lirdsoit, Charles Wynne, F. W. Gibbs, C.B. ; Alexander Mourn, (i. K. Venableo. Captain Eastwiek, Grant Duff, M.P. ; Henry Gielifell, M. 1., ; Besot, Manalsetti, H. A. lime, M.P, ; Manuel linear, James Ferguson, Jahn Lod* M.P. ; Mr. Couinghein, M.P. ; Mr. Issysrd, W. S. W. Vaal, N,P. ; Mr. A. Russell, M.P. ; H. U. Memoir, M.P. • Mr. Justioe Willem, Alfred H e y• .our. Torn Taylor, Heap °re dell tiro. M.P. ; Lord W.1011104101‘ Lord de Grey. Colonel Herbert, M.P. ; Homy Sears, Manat ee Milne', ILP. ; H. W. PM'S., H.A. ; A. IKklOoke. M.P. ; K. B. D. Norier, (horn. Clive, M.P. ; It (hay, IR. Kingsley. W. Weill, M.P. ; Lieut.. Colonel Nome" Liest.-Colonel Metcalfe, Major Alison, (keen! Lord Clyde. A amber of oisaphrneotary tussle were pi,. laced in Lire r.ftirve of the emesuog, mud the company did not ...panda Instil a lote Lou,. THE EXPRESS, MONDAY EVENING, JULY 30, 1860. et Court. OSBORNE, Jost S. Her Majesty am: the Prince Consort gave their anneal dinner and fete yesterday to the seamen and marines of the royal yachta, the detachment of infantry stttioned at East Cowes, the labourers and workmen employed on the Osborne estate, and the Comet Guard and Trinity House men. Dinner was prepared for about 5.10 persons, and was laid in large tents erected on the lawn. At 3 o'clock the whole of the party invited marched in procession to the dinner tables preceded by the band■ of the Royal M►rines and the let battalion of the 11th Regiinent. The Queen and Prince, with the royal family and the visitors staying at Osborne, and the ladies and gentlemen in waiting ♦saving seen the procession pass, went to the ground and inspected the dinner tables, atter which dinner name. diately commenced. At half-past four dancing and rustic games took place. A tent was erected for her Majesty, the Prince Consort, and the royal family. There were present Princess Alice, Prince Arthur, Prince Leopold, Princess Helena, Princess Louise, Princess Beatrice, and Prince and Princess Leiningen ; the Belgian Minister, Madame and Miss Van der Weyer, Miss Horatia Seymour, the ladies and Gentlemen in Waiting, the Rev. Mr. and Mrs. Prothero, Mrs. Tudor, the Rev. Mr. Hennah, Sir C., Lady, and Miss Phipps, the Hon. Mrs. Grey, Captain and Mrs. F. Sayer, Mn. Du Plat, the Hon. Mrs. Hardinge. and Mrs. C. Du Plat. At half-past seven o'clock the bond played " God save the Queen ;" her Majeaty and the royal family left the ground, and the party broke up. Her Majesty and the Prince Consort, accompanied by Princess Alice, Prime's Helena, Princess Louise, Princess Beatrice, and Princess Leiningen, embarked on board the royal yacht Victoria and Albert yesterday afternoon, soon after 3 o'clock, and steamed round the Isle of Wight. The royal yacht returned to its moorings off Osborne Pier about 7 o'clock. JULY W._ The Counter of Deeut, the Hon. Flora Macdonald, Major-General the Hon. C. Grey, and Colonel the Hon. A. Hardin" were in attendance. Viscount and Viscounts's. Palmerston arrived from Lou don on a visit. The Prince and Princess of Hohenlobe-Schillinpfurst came over from Hyde and dined with her Majesty. Divine service was performed at Osborne this morning by the ker. J. Prothero, before her Majesty, the Prime Con sort, Princess Alice, Prince Arthur, Princess Helena, and Princess Louise, and the Ladies and Gentlemen in Waiting. Lord and Lady Palmerston also attended the service. The telegraphic accounts received daily by her Majesty from l'ot continue to give most satisfactory mummers of the program towards recovery which the Princess }Loyal is making, and also of the health of the infant princess. A Cabinet Council was held on Saturday, at the official residence of the First Lord of the Trea sury, in Downing-street. The Ministers present were Viscount Palmerston, Earl Granville, the Duke of Argyll, Sir G. C. Lewis, Lord John Rus sell, the Right Hou. Sidney Herbert, Sir Charles Wood, the Chancellor of the Exchequer , fi the Duke of Somerset, Sir George Grey, the •ht Hon. T. Milner Gibson, the Right Hon. C. P. Villiers, and the Right Hon. Edward Cardwell. Viscount and Viscountess Palmerston left town on Saar. day afternoon for Osborne, on a visit to her Majesty. His Royal Highness.; the Duke of Cambridge received a distinguished circle at dinner on Saturday, at Gloucester House, Piccadilly. Their Royal Mew/toes the Duchess of Cambridge, the Hereditary Grand Duke mill Grand Duchess of Meckleuburg.Strelita, and the Princess Mary came to town from Cambridge Cottage to dine with his royal highness. The Duke of Montrose left town a few days since oa a visit to Lord and Lady Faversham at Dunainibe Park, Yorkshire. The duchess and Lady Agnes Murray and Lady Violet Graham will leave Balgraveaquare in a few days for the Continent. The Earl and Countess of Derby and Lady Emma Stanley returned to St. Jamee's-equare on Salinity, from visiting tho Duke and Duchess of Richmond at Good. wood during the ream The Fail of Aberdeen has left Argyll House for Haddo House, near Aberdeen. The noble earl is in ex cellent bodily health, but still retains sreat weakness in his lega. The Earl of Wilton and Lady Katherine Egerton closed their visit to the Duke and Duchees of Richmond et Goodwood on Saturday, and departod for Cowes, Isle of Wight, where the noble earl, as commodore of the Royal Yacht Squadron, will remain till the end of the ee.teou. The Countess do Persigny gave a " Rjpruments tion Theltrale" on Saturday evening, at Albert-gate House, which was honoured with the presence of their Royal High nesses the finches* of Cambridge and the Princess Mary, and their R..val Highnesses the Grand Duke and Duchess of Mecklenburg-Strelits and his Royal Highness the Duke of Cambridge. His Serene Highness the Sovereign Prince of Lichtenstein was also present. His Excellency the Moorish Ambassailor awl suite leave tows to-day for Purtminouth, where apartments have been engaged for their acoonitnuthition at Dent's t ieorge Hotel, it being the intention of his excellency to visit the dockyard and other points of interest in the port before leaving for Morocco. It is expected that his excellency will reeinlauk on board her Majesty's ship Melpomene at Spithead to-morrow. On Wednesday Mr. Edward Ross, the young rifle clumpion, returned to Yorkshire fur the purpose of resum ing his studies under his tutor, the Rev. Mr. Headlam When be reached Barnard Castle, the head-quarters of his corps. the Tetedale Rifles, he met with a most gratifying reAmtion. The Rides, with their splendid band, were drawn up at the railway station, and wakomod their young repro mutative and comrade with the loudest and heartiest cheers, the band playing the •• Couquei lug Hero." _ _ We tuideretsUrf that a large volume will be pub lished, under the direction of the kitrocionier Royal, of the records of the different aatrouorners of the Ilinialaya ex pedition. DRAMATIC AND MUSICAL INTELLIGENCE. With the close of her Majesty'd Theatre on Satur day, and the last week of the performances at the Royal Italian Opera announced, the emielusion of the musical SUMO may be said to be imminent. The only concert et importance still before us is that fur the lamellt of madame JuWen at the Surrey Gardens to- morrow, when, with , a hest of other awl varied talent, Madame Alban', Miss Pareps, cud Mr. Sims Reeves are to appear, with Mimi Archella Goddard as ',imitat e and Mr. Alfred Mellon us conductor. At the Royal Italian Opera Dun Geuetinni is to be given to-night, cod the Prophite to-morrow, Thursday, and Saturday, the last I three nights of the season. At the English theatres there is scarcely any novelty. The Tlsynwket, with the On eland Raab', gives us only such afterpieces as The ilmiluind at Sight and Amy Port ia a Sturm. At the Princess's the &tomes appear in Pus de Fatale sans Few and Les Petites Minims de la Vie Hunutine. At the Adelphi The Ea chanted late is to be revived ou Thursday. At the Olympic Miss Louise Keeley commences her engagement to-night in Suntelsada Else, on the 001,114i091 of Mr. Einden's benefit, and at the Strand Mies Button takes a helmet to-night, when Tke Yulunfrer Ball, the new coniedietta, cud the burlesque of The Maid and tke Aloapier, will be played. A week of teem striking variety or novelty has seldom demanded notiee. MONUMENT TO THE LATL EARL OF ELLESMERE. —Mr. Noble, the sculptor, has just completed a very fine monumental statue of the late Earl of Ellesmere, for the church of St. Mark, erected by his lordship at Woolley. The statue is larger than life-size, and recumbent, with hands crossed over the chest, like the sepulchral elegies of the medieval sculptor.. 'The robes of the order of the Beth (for the first time, we believe, represented in a monu mental statue) afford the opportunity for an effective Ault suitable arrangement of drapery, and recall the long mar tial tunic and surcoat, and regal dal:intim of the ancieut giagies. Behind end above the bead will be A stained glass window, and the effect of the head &nil feature% in this light is extremely expressive. The expression is indeed in the highest degree artistic and appropriate. The spectator can scarcely tell whether he gases on profound death-like sleep or gentle sleep-like death— s, hushed and still, and reposeful is the figure, yet so pregnant with Intent thought sod refinement, and benignity is the head We may venture to express a regret, both for the sake of the sculptor awl the public, that this very beau tiful work of art has not been exhibited. LATEST INTELLIGENCE. SICILY. GARIBALDI IN MESSINA. FLORENCE, BUD" JULY 29. The Na..ione of to-day contains the following intelligence : " Garibaldi has taken Melazzo, and entered Messina. "The royal troops still occupy the citadel. " Baron Ricaaoli has left for Turin." GENOA, JULY 29. News received here fully confirms the entry of Garibaldi into Messina. General Sirtori, the pro•dictator of Sicily during the absence of Garibaldi from Palermo, has issued the following proclamation : " PROVISIONAL OOVIRNMINT OF SICILY. "Citizens,—The dictator having gone away for some days from this generous capital, has charged me to take the reins of state in his absence. Although the mission is beyond my strength, I have accepted it without hesitation, certain as I am to find in you honest co-operation, submission to the laws, and those self-sacrificing virtues with out which no liberty can be founded, no state can be powerful. The dictator goes to put himself at the head of our army which is operating in the province of Messina I have the firm conviction that the conqueror in all the combats that he has hitherto engaged with the enemies of Italy is destined to achieve new and signal triumphs. Although grieved that 1 cannot share with him the dangers of the coming battles I find a consola tion in the thought that I am devoting myself to the well-being of your country, which both for its new and old glories I love with the affection of a child. Render my teak easy by showing me that devotedness which you show to the man whom I am proud to have for my chief. "Palermo, July 18." " SIBTORI. AUSTRIAN ITALY. A Milan letter of July 25 Rays : Important news has been received from Mantua. The Austrian military authorities have discovered a oonspiracy for desertion on a grand scale. For a month past secret conferences, with a view to desertion, have been held in the Don Miguel Hungarian Regiment. Two battalions had Leen completely gained over, and the desertion was to have taken place on July 18, but the design was betrayed or at least discovered. Both battalions were then confined to barracks. Most of the officer' were parties to the conspi racy. There is a talk in the town of a decimation of the regiment, but with all allowance for exaggemtiou, it is much to be feared that sevend military executions will take place. The town is iu a state of c alao is agitated. Verona THE NEAPOLITAN PROPOSITION TO ENGLAND AND FRANCE. PARIS, JULY 29. The Marquis de la Great was entrusted with the mission of proposing to France and England that they should direct a French and English fleet to cruise off Calabria and Naples in order to prevent any landing of Garibaldians. The French government signified to the Marquis de la Greca ita assent to this proposal. In order to obtain the adhesion of England the Marquis de la Greca proceeded to London, and was supported by Count Peraigny in placing his demand before Lord John Russell. M. Thouvenel also transmitted a note to Lord Cowley stating that France is ready to employ all necessary means for preventing Garibaldi's lauding on the main land. Nevertheless, Lord John Rumen declined to accede to the proposal of the Marquis de la Greca on account of the principle of non-interveution which England &sir a to maintain. ROME. ROME, JULY 24 (vii Marseiße«). The Pope has decided upon not quitting Rome. Bills have been posted announcing the approaching outbreak of a revolution. THE INTERVENTION IN SYRIA. PARI3, JOLT 30. The Consfibitimtnel of to-day expreames hopes that the convention in reference to Syria will be signed to-day. PARIS, JILT 29. The Moniteur publishes a correspondence from Constantinople, dated 18th inst., which states that Fund Puha, before leaving for Syria, sent the fol lowing message to the Marquis de Lavalette : "Tell the ambassador that, at the risk of my life, I shall wash out the stain upon the honour of our army, and that the soldiers will also do their duty." THE MEETING AT TCEPLITZ. The Courricr dm DisitancAe publishes a .corres pondenee from Dresden professing to give some details of the Ciliate and character of the interview of Tieplits. It results from this letter, to which considerable importance is attached in Paris, that the Prince Regent of Prussia thought fit to inform the Emperor of Austria, whose absence from the meeting at Baden Baden is alleged to have ben altogether " fortuitous," not only of what pealed between him and the other members of the Germanic Confederation, but also, and more especially, of the tenor of his conversation with Napoleon 111. This information was, more over, conveyed iu an autograph letter. The goes on to say that the Emperor Francis Joseph, being touched by this spontaneous step of the Prince Regent, which responded to certain overtures previously made by the ca binet of Berlin, lost no tier! iu replying, and that his answer has an importance beyond that of ordi nary autograph letters exchanged between sove reigns. Francis Joseph is said to have declared in the most emphatic manner that lie regarded the meeting between the two sovereigns as a bene fit not only for Germany but for Europe. The Prince Regent replied at once that the meeting would give him pleasure." Although little is known of what passed between the two sovereigns, this much may be confidently stated that a convention between the Cabinets of Vienna and Berlin, which has been long hatching, was irrevocably agreed upon. The clauses of this con vention are yet unknown, and all the details given in certain journals must be regarded as unfounded. Thu convention was not signed by the Emperor and the Prince Regent, but was left to be settled with as little delay as possible, by their respective ministers. BERLIN, Jutx 29. The official Prussian Gazette contains a leading article, of which the following is a summary : " The hopes which had been entertained in re ference to the meeting of the two sovereigns at Toeplitz have not been disappointed. The approach to a better understanding between the two cabinets Ins been promoted by this meeting in the manner to Ins desired. " The frank and friendly meeting of the two princes and their principal advisets and the mutual exchange of their views have br o ught the relative pusitiumi of the two states into a clearer light. A mutual understanding on the most important questions of European policy has also been found to exist. It therefore became pos sible to arrive at the conditions of a sincere union. In this union Germany will find fresh guarantees for her security, and may hope that in future the importance of her interests will lay heavier in the balance of power in Europe. "Europe will by the Toeplitz meeting obtain fresh guarantees for the maintenance of public peace and for the respect of the equilibrium." The article then points out what connexion exists between the new path Austria has taken in reference to her interior policy and her approach to Prussia. The article thus continues : "There is no doubt but that Austria will con tinue in the path upon which she has entered, and that she is resolved upon following her new policy, not only as regards religious questions, but also in reference to the different nationalities of the em pire. Thus Austria will obtain a position which will increase her strength at home and abroad." The article concludes by refuting the opinion of those who expect from the meeting at Toeplitz a change in the interior policy of Prussia, and shows such a change to be impassible from the known policy and character of both the Prince Regent and his ministers. MUNICH. iv 29, The King of Bavaria will leave in a few days for Potsdam, where he will pass ten or twelve days with the royal family of Prussia. THE UNITED STATES. QUEENSTOWN, JULY 30. The Royal Mail steam-ship Etna, Captain Ander son, from New York as the 19th inst., has arrived here. She brings 214,000 dollen in specie for England. The Canada and Tentonia had arrived out. 10,000 pawn visited the Great Eastern on the 18th inst. COMMERCIAL INTELLIGENCE. NEW YORK, JULY lb, Evmasc. Money steady. Stocks excited. New Yorkpentrals, 831 to 831 ; Erie, 23i to 24 ; Illinois, 69l to 70. Cotton quiet and unchanged ; sales. today, 500 bales. Breadstuffs heavy and cheaper. Sales of flour, 14,000 barrels. EXPRESS FROM PARIS. (IRON OUR OWN CORRNAPONDIINT.) PARIS, SUNDAY EVENING. The deliberate and reiterated misrepresentation of the government press that Turkey had "acqui esced" in the French scheme of intervention now stands confessed. The Presse, which yesterday and the day before (being no doubt misled by affirma tive statements from the police) gave the " acqui escence " in the striking form of a P. 8., is now reduced to say that the conference of the ambassa dors has " as yet led to no decision," and that the objections raised by the Turkish ambassador are not unconnected with this (non) " result," " for they provoked, a discussion which certainly was not of a nature to reconcile the different points of view in which the representatives of the powers have necessarily placed themselves. It is from this conflict of ideas and observations that a common accord must be extracted, and it is no doubt with this object that the Turkish ambassador has thought fit to ask for fresh instructions, and that several of his col leagues have also felt it necessary to refer to their governments. It is, nevertheless, announced that the convention may perhaps be signed on Tuesday next." The Pays and the Patrie discreetly abstain from the publication of their usual "Latest News." I have reason to know that the Turkish government —so far from having acquiesced in what is *eked— has, only within the last few hours, consented to negotiate on the question whether any and what convention shall be entered iuto. Mean while, although the fairest promises are made and the mold moderate language is used by the French negotiators in order to gain their point, the entou rage of the Tuileries boasts in private conversation that the intervention shall take place gonna mime, and that the "Eastern Question," in the largest sense, shall now be propounded. The Mositeur contains a decree augmenting the number of staff-officers from 560 to 580, alleging as a reason that the present corps is insufficient even in time of peace for the necessities of the service, "occasioned by the augmentation of the army and the increase of French territory." The publication of M. Horn's new pamphlet, " Libertel et Nationalitis," the proof sheets of which are said to have been revised. by Kossuth, is post poned till to-morrow. The moral appears in the opening lines :—" Austria believes herself to be on the eve of a fresh national insurrection. She is right." The author proceeds to argue that the court of Vienna can only govern the various races submitted to its rule by force and violence, and that the Hungarians, driven to desperation, are de termined to reconquer their ancient liberties. M. A. Lauvray, for many years the writer of the commercial and money articles in the Presse, died yesterday at the early age of 49. . . . . . . A M. Latour Saint Ybara has been delegated by Billaut to see to the execution of hie recent cir cider against immoral psi/Woes. I have no data upon which to express au opinion upon this gentle man's qualifications for his very delicate office. He ought above all things to be, and nu doubt he is iucorruptible, for the amount of property invested in trivial novels of thaidemily low moral purpose which are published in news papers is immense. Many Cana might be mentioned iu which the new censor's verdict would be worth a very large sum of money. Some very extraorilivary theories about time trite nature of his mission are afloat. The difficulty of drawing any tangible line in a moral point of view, between many works considered classic in France and the class of light literature intended to be suppressed, is so great that the partisans of government inter ' fereueu are reduced to say that the talent of the authors is to be the criterion. Genius may have the privilege of being indecent, but all servile imi tators are to be crushed. A pretty field is here opened for favouritism and monopoly ; but virtue is likely to go to the wall. The late M. Horace Say (who was the son, and not the brother, of the eminent economist, J. B. Say) leaves rut only sou, M. Lagoa Say, time manager of the Northern Railway, and iu right of his wife (a daughter of the late M. Anuamd Bertiu), one of the proprietor, of the Jourmti des Debate. A letter from Rome in the Gazette de Lyon soya:—" Unfavourable accounts have been received from Guinea ; all the miasiouaries in that part of Africa are dead. The apostolic vicar was Mgr. Bessieux, and his coadjutor Mgr. Koh& The climate is so pernicious that no European constitution can withstand it. This Holy See is now occupied iu tegauisiug a native clergy in that country." A letter from Damascus of the 12th say a :—" The Rev. Mr. Graham, of the Irish Presbyterian Mission, has been murdered in the open streets while endeavouring to make his escape from a Moslem house where he had been hid to the British consulate. He had a guard of Turkish soldiers with him, but they did nothing towards defending him from the Moslem mob." Tug SUEZ CANAL—It if; said that At a lato meet ing of the shareholders of the Sue: Canal Company at Paris, accounts of the company were prduoed, by which it appeared that a million of francs have beau expended in the mat of the direction ; that, o f this sum five hundred thousand francs had bete charged for the journeys of M. Lessees, a further sum fur furnishing his apartment at Paris, and four Mindful thousand francs for the salaries of the nienibers of the direction, consisting of M. Lesseiai and one or two aisociates —Post. ITALY. SARDINIA. no ova olnt oomairomErr.) TURLti JULY After the official reception given to Mauna and Winapeare, the Neapolitan envoys, by the Kii 4 4, they were again received twice by Count Cavoar. But whatever the courtesy displayed by the taii parties towards each other in these converaatioh., which have now assumed an official character, it i; still impossible to conclude anything. The tso battles fought near Helen() have rendered net:o tiations, if possible, still more difficult. In the meantime, au endeavour is being made t., circumvent public opinion at Naples and in fun countries by a double game. At Naples they present the alliance to be certain ; the King's par tisans go about telling everyone that his env..vs had been most graciously received by Cavour, that Victor Emmanuel had returned from hunting expressly to receive them. At the same time iit her partisans of the same monarch complain :C.r..adi that the Sardinian government is doing all it can to throw the proposed alliance overt, at I, that it does not wish to check the progre,s of the revolution, but that it rather favour, it. The head of the Neapolitan ministry, De 31artilio, has invited K Bovet, a Frenchman, the correspon dent of the Journal des Debuts, to leave Turni sit i come to Naples. He intends to confide to him the task of defending the new policy of Francis 11. in the French journals. At the same time great iiiiers have been made to those emigrants that have re turned home to induce them to give him their assistau?e for the proper performance of this new Bourbouic comedy. But the greater part of them have already suffered too deeply to believe any pro mises now made by a Bourbon king, and they will certainly turn a deaf ear to the charmer. Two of our men-of-war, the Malfatauo and the Euridice, have left for the East on account ni the serious events that have occurred in Syria. W e have many Italians residing iu that part of the world, Ligurian especially, and they have de manded protection. It will please us much to have the Englnsli flag so near our own. Talkmg of ships, we received the news only a few hours ago, that the Torino, which left (4.11. ht with 1,500 volunteers on board, had arrived saidy at Palermo, after a passage of only two days and Revell hours. _ _ Signor Canofari, the resident minister of Naples here, is preparing to take his departure, and is already in treaty for the sub-letting of his suits of apartments. His departure has no diplomatic significance whatever, unless it be his prom.ithin to a higher post, for he has faithfully servol his government, without compromising it by an ems of zeal. Some journals have giveu out that Russia was going to send to Turin an ambassador extro ordinary, whose duty it would be to communi cate special matters to our government omeerning the present affairw of Italy and of the East. Ti,d Count of Stackelbcrg remains absent upon leave, and the post he has vacated is not tilled up. The business of the embassy is carried on by secretaries, but no special envoy has or will come. There is some appearance of affectation on the part of Russia in this neglect, it being only too well-known that she has a great predilection for the Bourbons Naples, as she has by the bye for the Bourbons in general , considering them to represent best, the principle of legitimacy, and to be the mot consistent opposers of revolution. But on the other hand, Russia does not wish to constitute lit self too openly the defender of the Neapolitan King, now that he has committed so great a breach of decorum by granting a constitution to undis ciplined crowds. There was a time when Russia bestowed her friendship similarly on Sardinia, but the late Emperor Nicholas withdrew his protection from Charles Albert the instant that sovereign bestowed a constitution on his people. Russian autocrats never can, and never will, love coustitu. Ronal governments. (FROM ANOTHER CORRLISPONDER .) Ttall N. JULY 25. The Neapolitan ministers were to-day reccivol by the King, and remained in the palace for about all hour. It seems, therefore, that it was more than a formal reception, and that the question the alliance was brought forward by the tunbasm. dors. Count Cavour stands in regard to this mat ter in a very difficult position. All the ilipbs macy of Europe--that is to say, England, France, Prussia, and Russitt—tteriously insist upon its ac ceptance, as the only means of consolidating Italy and putting a stop to the revolutionary movenicet, which, victorious in Sicily, alight, if Naples to should undergo its influence, be powerful enough to be alarming. On the other hand. an the nation is averse to such an alliance, which 3: once puts an extinguisher upon the brightest holes of national unity, now, according to pnbli.: te. 'don within the reach of Sardinia. Besides, d Garibaldi refuses to submit to the instructions aid orders from Turin, Victor Emmanuel has no other alternative than either to (miler his army to Sicily for coercing the gallant Dictator, or to allow Fralka to do it. In one ease, as well as in the other, lac loses his prestige, and revolution and civil war iu Italy become inevitable. Ou the other stile, it 5 ,4 morally impossible to refuse seeing the Neapelitiu ambassadors, who came to offer an allimue under any condition. Carl/Ilea only poli , ) is therefore to delay the negotiations, shim. tie logic of events drives Naples into a revolutiow. , soon as Garibaldi appears on the coast of ton gala. It is said that his propositions are such to make their rejection most probable, viz., an er• change of the garrisons, forty thousand Pieilmite two troops to be stationed in the kingdom of Nittilts and about an equal number of Neapolitans to le sent to Upper Italy and to the _Emilia ; again all auxiliary army of 50,000 men in eases of a war wuli Austria, and the full indtleutleuce and transfer Sicily to the kingdom of Victor Emmanuel. Still if the King of Naples should accept even this.• humiliating conditions, what next I The court lie: neither the power to make such an alliance able to the station, nor the menus to Gale to become a party to any agteement with N.:1 , 1-. In the meantime, the emit:dittoes to Sicily take their regular course. Last week Colonel B:weld.. f the 4lith Itegiment, departed with 3,000 men : tar week Colonel Pellegroli is to leave Genoa nearly equal number of volunteers. It is blu to say that these expeditious take Otto. , w ,111,..a, the knowledge and ailltiStallet• of the govern , still Garibaldi stands in no direct conotionicatfrit with the ministers. In winter lim hail lit'o up his old fowls with Count OM Ml', the combat of Nice turret him again 110 all opponent of the great sham:maw :*Alt. • that time he leis corresponded e 011- !!': the King, for whom he lea the highest whilst the soldier King feels the Kit..lige.' , y.• pithy with the hero of Sicily. Ti, bring ah. , lit understanding Cavour sent, in the beginie. , g, • June, to Palermo La Farina, the Presidt•tit ..1 National Society which gave Garibaldi the !or. , • to make his expedition, and which has t' • subsequent expeditions of Medici, Mclei.hi• Owens, Lauzi, Sicouli, and Swat. 1... a Farina le • self a Sicilian exile, a Mall of great liberality : in 1.; , Minister of War at Palermo, in 18.1$ Under Se,. tary of State at the Home-office at Turin. 1.-* Garibaldi, lie is an old republican tonveried • • Victor Euuuauael, an old friend of the I 01,1• ii. • the man who in 1859, when Garibaldi, at 11,.• 1,, 1 of the army of Central Italy, meditated .1 l• attack upon Umbria, and the Marches ter , with Valerio, another co mmnu friend, • kill by the King, and succetsleil • ; adventurous hero to give ite his pi o n and te le , . over the command to General Fain La Farina had lust all hold upon his form. r n,. by the active part he took in the que , tion ,-! annexation of Nice, not only by giving -1 1 . - vote to the Ministry, but by persuading lit'' ! ‘ :•-• dependent member* to follow his example. ...! Cavour's choice was, theretore, not very .IAI:I's The Dictator received, indeed, the of the National Society with all the natured courtesy which ilistingiti 4,, but when questione iiw m d itlt the ss.l) t• he at once lath!, '• I ,11,1 not come to