The Express. — London, England, 1860-11-19 00:00:00

Sbe entrels!* idelititOWelte Intended for "The &WWII" Tilwien limbs Two, Mut be et the office, 10, BonoWbeiblet. b Two WON& WO the day of publicatioo. lIATMAILEIrr. NVENDM, TILE WINIII.-1111 HAM IN TILE Wiwi). Lhlppolulale. Rogers,Clark, W. Farrel% Vllllem. Compt. u. m4.llMckst.me . )flee Amy Se.lick. Mn. Whir —And My KIIIE'S DAUGHTIIII, Kn. Vibldm. P/t!i'iCUtrlL Tars Emma. armor — Yr. T. Katthewi and Miss Warm —RUT SLAW Meson. W. Ley. Wihertows, Graham, W Is:tater ; and sass Letlarca.—And TIM GAILBALDI tittnslllo4rlMlL ET. JAXZW2. TAM rrwrnia. STILL WAXXVI BUN DKR. Maim Allred Wtg,nasd►lser7; Mrs. 2-W1222 Ma Robot. MON2IIOI JAVAN- Mr LlVlsan , MirC NeJaos. —And :MIT DOM. Dlr.o uwag . Wars B. Cam tx. Tarry —ocaurac•aii past 7. alt/TANNIA. Tan IvMOM ZILY ffOONNOIL. Mom Borkelds wed W Craulopl : Yrs. ICl's/said sad S Leas-7U Family. — TßY. PILAULIZ PLOWS.. And PA V RD WITIVD . . lit M. Smythe= Ule. A. Downing. —Comamcaen half -pest 6. : 0 2: D-11AND PIANOFORTE& imam gad ok lave a Yap amarlssat at by Illa maul astemal Eska% at Wm* asimad plea Itaiss44tami. T. JAXEB'S HALL RESTAURANT, II saint atreell eall Pkoadthy. Moen, Winn. Upton, te.. for /male* isdlee. OusiMesia. WIL DONALD. Proprietor. 110II_WATEA AT LONDON_BRTDOL Taw ii:::::Wa;;;;;i27 at sow. IlbaKeaow—ltarala& 0. 114a....Allieseco, 7h. Zia LONDON, MONDAY, NOV. 19. Timm was it strange rumour the other day in Ger many that the Emperor of .iteeraia meditated abdica tion. The departure of the Basra for Madeira, and his Imperial .Mainerr's unsettled mood of mind, which only finds relief in the excitement of shooting and hunting, have countenanced a rumour not entirely destitute of credibility. It is impos sible, indeed, that FRANCIS Josue should not hare at length felt the conviction, which has long been that of his subjects, of his being the most impolitic of monarchs; well meaning, perhaps, but displaying such an utter want of sagacity in planning and of consistency in executing, that failure is the almost necessary result of all that he undertakes. During the last months the EMIR aoa was menaced in 'Venetia by the Italians. It is perhaps too much to expectthathe should have given up a province without territorial or pecuniary com pensation. For its defence he had two modes plainly indicated. One was, to throw himself on the people, both of his own empire and of Germany, and by the promulgation of liberal institutions and the adoption of a progressive policy, appease the discontent of Hungary and Bohemia, as well as satisfy the expectation of the Germans. Had he done this, he might have counted on the support of Prussia, which could hardly have refused its alliance. And he might have remained 'efficiently independent of the alliance of Russia not to have troubled himself with what the Court of St. Peters- burg thought or felt in the matter. If, on the other hand, the Austrian Court de termined on making not a defensive war against Italian attack, but a reactionary and offensive war against Italian freedom, the natural ally which presented itself was certainly Russia. Were it decided to adopt this course and win this ally, the necessary condition was, not to make constitutional concessions to Hungary or other parts of the Empire, but to be prepared to render Austrian policy subservient to that of Russia upon the Danube. What the Emperor natters Jesse& ought to ' have done, say these statesmen who acknowledge no principle save expediency, was to have made his choke of these policies and alliances, and grasped either the one or the other. The wisest choice, all admit, would have been to have allied with Germany, satisfied his provinces by large concession, , , and remained content with the mili tary defence of Venetia if attacked. FRANCIS Jenne, however, pursued neither one course nor the other, but niade as intermixture and jumble of both. Instead of limiting his efforts to a defence of Venetia, ho launched into most exorbitant expenditure with the view to nothing less than the invasion of Lombardy and the reoccupa tion of all North Italy. In such a crusade neither Prussia nor ti.Jrniany was likely to embark, whilst most certainly Loth France and England would be ranged against hi:.i. tau what ally then did the Austrian Earacoa count I Upon Russia incon testably, for there was no other. But instead of doing all that was requisite is such a case to con ciliate Russia, the Austrian Cabinet promulgates a constitution for Hungary, for Gallic* and for Bohemia, measures all of them distasteful to the Cabinet of St. Petersburg. Under these circumstances, having lavished an the money and credit he could procure upon pre parations for war, the Emperor Famine Januar demands an interview with the Sovereigns of the North, and proceeds to Warsaw to meet them, feeling, it is asserted, perfectly convinced and easy in his mind that they would approve of his invasion of Italy, and form at least a defensive alliance to protect his douunions from attack. He reckoned, not without his host indeed, but against the plainest dictates of probability. Prussia could not grant what he caked : Russia was totally unpre pared to break with France and England, even to save the Austriau empire ; and the Emperor Faiisicis Josue, completely self-deceived, returned to Vienna to feel the utter uselessness of his ex travagant war expenditure, and the impomibility of realising his military dream. It is here to be observed that the result of the Warsaw Conference is what every liberal mind must have desired. It is a manifestation that Russia is either unable or unwilling to come for ward, as in past years, to form the nucleus or mainstay of a reactionary alliance. Austria has no longer soy such support to fall back upon, and, therefore, it must move forward in the other sense--in the policy of liberal concessions at home and of standing on its defence abroad. For this there can be no doubt the Archduke MA XIX ILI A N is fitter than his bro ther the Kerrmia, • conviction which may have created the rumour, if not the idea of abdication. Flamm loser% can, however, adopt the polity of his brother without ceding place to him. He may follow up his late edict by altering those parts of his constitution which have awakened jealousy instead of giving satisfaction, and by flinging him self upon his people, trust to them for the defence of the empire, and thus reduce the exorbitant military expensei, which cannot be continued without leading to bankruptcy and revolution. It is but fair to say that there are some points in the recent conduct of the Emperor of AtrTM• calculated to conciliate favour. There is first the grant of a constitution, whatever its defects, in the very teeth of Russian wishes. The policy of St. Petersburg is to emancipate the serfs by ordinance, so as to make the condition of the Rumildi peasants not so strongly in contrast with the populati..n of Austria and the Principalities, where revolution hail emancipated THE EXPRESS, MONDAY EVIZi;RTG, NOVEMBER A them. Russia hoped by its • tire i to catch up her neighbours. her i bours take a step farther in p:i raii middle and artisan class by a a o sentativo system, Russia ' d, itab repelling, not enticing, , Ma ! 14 provinces. It is also pretended that the Austrian Ex- PZIOR rejected the offer of an indemnification for Venetia, in the shape of • province of the Turkish Empire. This would imply • that Ana-. trio declines to join the Franco-Russian plan for cancelling the treaty of 1856, and proceeding to the partition of the Otto man Empire. It is even hinted that his recogni tion as King of 'ram( is offered to Vit-roa EMMANUEL on the condition of his eventually joining this league. Although the King of ITALY, as ho may be already celled, is on doubtful terms with the Turkish Government—partly from his having welcomed an Envoy from the Principalities at Turin, and bestowed his crosses on Idoldo- Wallache—we do not believe Gavot:a a man to purchase the recognition of his Sovereign by Blunts and Austria at inch • price. MB remarks proffered in these columns on Monday last with regard to the severe drain upon the Bank of France, and to its inevitable effect upon tho resources of tho Bank of England and upon our money market, were not premature. The past week has been one of the most remark able on record, in a financial sense, for it has been distinguished by the following incidents :—l. A continued heavy drain of bullion from the Bank of France ; 2. Large draughts of gold, in aid of that establishment, from the Bank of England; 3. A rise in the rate of discount in France from 3} to 4} per cent. ; and, 4. A rise in the rate here from 41 to 6. The conditions presented at this moment may be summarised thus :-1. A suspen sion of the flow of gold from the Bank of England, owing partly to the opportune ar rival of 670,0001. from Australia, which is being pained on at once to the Bank of France ; 2. no suspension of the pressure for gold upon the latter establishment ; and, 3. a delibera tion (adjourned until this day) on the part of the Directors of the Bank of France as to the advisa bility either of raising their rate of discount fur ther, or of adopting other measures partaking more strongly of the character of palliatives. The re sult of their consultation is looked for with the utmost interest. The immediate course of finance in both countries hinges upon it. Three lines of policy are open to the Bank of France. I. If they wish to act upon sound eco- nomical principles, they will immediately take I further steps in the direction of contraction. They will endeavour to draw their engagements within a narrower compass. They will call in outstand ing loans, not mercilessly, but judiciously ; they will interpose obstaclestothegranting of freahloans, excepting only for the most legitimate purposes. They will raise the rate of discount afresh, and thus discourage as much as possible any further com mitments abroad. They will virtually say to French capitalists : " Take warning in time ; you " are attempting too each ; keep your means at " home ; take up no more schemes for Turkish " loans, Spanish railways, or other foreign pro " jests ; France is already subjected to a heavy " foreign drain for existing engagements of this " kind, far the military expeditions which she has " on foot is several quarters of the globe, and, " above all, for the large importations of corn " which are rendered necessary by the deficiency "in the harvest. We must husband our resources, " and endeavour to attract relief by the only legi timate means— that is, by making capital " dearer in France than elsewhere, thereby dis " oouraging its efflux, and encouraging its influx." 11. The second course open to the French Bank is to ignore strait-laced maxims of finance ; to guard traders and speculators alike from the affects of that stringency which, though inconvenient, is not merely salutary, but absolutely necessary at times; to let thirty millions sterling of bank notes (the amount in circulation on the Ath inst.) remain afloat ; to refrain from raising the rate of discount ; and to trust to being able to effect continuously purchases of gold abroad to an amount adequate to the demand. 111. The third course would consist in the adop tion of a middle policy—a combination of the two already described ; and little doubt can be enter tained that this is the one which will be followed by the direetora. There ars signs of this already. They acted correctly in raising the rate of discount promptly from 84 to 45 per cent. They betray hesitation now in refraining from advancing it further. In this it is easy to detect the finger of the Government, whose paternal office it is to regard the trade and finance of the country m permanently in need of a certain " protection," whereas, the first shock over, they would un doubtedly fare much better when divested of their swaddling-clothes. If the French money market be lulled into • kind of false oonfideno►—if traders be encouraged to rely upon • certain ease, to be maintained almost by Imperial decree—if speculators of the schools of Mince and Planar are to be stimulated into fresh foreign ventures — the result will inevitably be to prolong • state of tension which will operate to the permanent injury of the commercial interests of the country. Better by far would be the sharp remedy. We in England are deeply interested in the financial deliberations now in progress on the other aide of the Channel, for some years ago we had a painful experience of the dis burble( effects of the unsound system which was kept up there. Many persons of calm judgment would, therefore, receive with gratification the news that the Bank of France had raised their rate of discount at once from 4i to 11 per cent., for, although such a step would probably be fol lowed by • fresh advance in the charge at the Bank of England, the commercial public would perceive at once that both establishments were meeting a drain common to both by • common policy of defence and correction. France and England, who have each to pay large sums for OM to Run* Spain, Egypt, the Baltic, the Me diterranean and America, ought to stop the efflux of capital for all other purposes. Each country has quite enough to do at present with 'its immediate means, and ought not to think of lending money to other States, or of sinking it in the earthworks or masonry of foreign railways. There is a time when capital overflows, and when such projects may be undertaken to advantage ; but this is not such a time. There is unfortunately room to fear that French financiers will not recognise their position fully. The mere fact that at such a tire they are dang ling the bait of • loan of 16,000,0001. before the eyes of the creditor-besieged PORTE is signifi cant. No English house would dream of under taking such a commission in the midst of • financial crisis ; but we suppose M. Minas is presuming upon the known lack of courage of the Rank of France and the Government to folks► out logically • policy of repression. Indeed—but that the complaint would be waste of breath in a despotic country—this eminent stock-jobber might reasonably complain of the inconairtency of the ' t el" eo i . n tepleisArith - ft Tur tars, • lrh . ila an 10004 Zecree nst ap a " Conway "of Co Credi • ote enteepkiae hin with to Bonds to the amount of 720,0001. ; anikwhen it has, in addition, formally authorised the Discount Bank of Paris (Compeoir d'Escomple) to place large funds ae• cliaPosal of the , Colonial Banks, for A. - _ - esummget the iilanters. We are not ambit hi 'height( the zespoosibility of these inop portune financial movements upon the Government, for the Minister for the Colonies figures promi nently throughout the affair. This policy is merely of a piece with all that has been done before. And what we like the least is that there is a sediment of petty international jealousy in most of the financial devices which the Govern ment takes under its wing. At the very moment when, as was shown by its throwing open the French ports to the introduction of food, the Government had its eyes opened to the serious deficiency in the harvest and to the necessity of large imports, it authorised the Discount Bank already referred to to draught away some hundreds of thousands of pounds sterling to India and China, in order to deprive the Anglo-Oriental Banks of a portion of the profits on the financial interchanges in that quarter. And even now, when the Council of the Bank of France, at the head of which is a Government nominee, is sitting, so to speak, in a Committee of Ways and Means, it is reported that, in order to flatter the delusions of the nation in regard to the rood to naval supremacy, the conomsion for a grand scheme of Transatlantic steam lines, involv ing a Government subsidy of 1,160,000/. a year, has been entrusted to a combination of capitalists, amongst whom are our Bourse-haunting but not very successful friends, the Cr6dit Mobilier So ciety It is to the frequent occurrence of symptoms of this sort—symptoms which indicate the marvellous slowness with which French financiers and minis ters learn the lessons of the past—that the deeply rooted distrust of the 6nances of that country M due. There is a ceaseless round of borrowing. The Government borrows ; tho municipalities all borrow ; even the communes borrow. The varie ties of debt are infinite. Were the whole process confined to home, it would be hurtful and unsound enough, but it is worse that even at this moment, when Franoe is in straits for the means of paying for her food, she thinks she may go on diffusing her surplus wealth over every shore. The fact, alluded to in our City article, that of the 16,000,0001., or thereabouts, now held in the pre cious metalsby the Bank of France, only 4,000,0001. consist of gold, brings practically before us the grand difficulty with which our money market has to contend—the want of gold. Were we to ask our readers to assume that the drain upon the Bank of France will sud4enly cease, they would say we were treading upon very unsafe ground, all the probabilities pointing, we fear, to the contrary prospect. Then, if we assume —u, in caution, we ought—that the movement will continue, that the Bank of France, who hold so small a stock of that metal, will want a great deal more in the course of the next few weeks or months, it be comes an important question—Where can the re quisite supply be obtained, except from the Bank of England f Narrowing the view to the next few weeks, we confess we see little prospect of any gold arrivals adequate to the demand. America will send us very little, the movements in cotton and corn, to say nothing of English investments in American securities, operating as a bar. And it is worthy of notice that all our immediate Australian supplies have been used up. The overland vivifies keep us informed of what is coming, some weeks before it can arrive. Before the 520,0001. in Australian gold, which is known lobe on the way, can be reasonably looked for, full three weeks must elapse. Meanwhile, if gold is wanted for the Bank of France, or for any other quarter, the only stock available is that lying in the Bank of England. In exact proportion as that stock diminishes, the amount of our currency diminishes. Every 1001. in gold that is shipped abroad is represented by 1001. in bank notes can celled. Instead, therefore, of looking for the reflux of the gold that has lately been taken, and for the restoration of the amount of currency which , has vanished, we shall act more wisely by concen trating our attention upon the probability of further withdrawals, and upon the best means of checking them and obviating their disturbing effects. The attention of the commercial community in the metropolis and the provinces being arrested by the crisis in the money market, there can be no doubt that transactions have been to some extent impeded during the past week. Confidence, how ever, is scarcely in any degree impaired, and no mischief has yet been done. Industry is too well engaged to be lightly affected. Man chester, for example, is as bury as ever, although transactions in cotton fabrics and yarns have I been almost paralysed by the causes referred to. Prices are rather lower, with some irregularity, but much strength is still imparted by the extent of the contracts in hand. In the woollen trade there is an absence of animation, but, in general, good employment. The lace and hosiery depart ments are described as dull but healthy. There is no revival in the iron trade, but the hardware branches exhibit activity, and in the colliery and mining districts there is full work and good wages. Ma. ALEC; M.P., AND THE CHANCILLOR OP rne EXCENNEL—TM following letter from Mr. Ellice, is reference to his letter which we published last week, was received on 'Thnriday matting by Soden, Peg., ex-mayor of Coventry:—•'Durham. November 10th, 1860. My dear slr,—Mr. Gladstone complains, rod Patty, of the ex ' of "concealed," which I used inadvertently in the hurry of writing my answer of the Slat Oct. to your letter, on the subject of the drawback on paper, which was pub lished in the Coventry newopepers, and which was copied subsequently in three of London. I mad not say that I disclaim entirely the intention of Imputing to Mr. Gladstone the least ooncroalment in the Neese which I admit the expression will convey, and I regret exceediegly having gives him the trouble of an appeal to me to correct it. Nobody eon doubt, and cer tainly I do not doubt, that his statwwast an the budget contains a freak and fall explanation of his sincere convictions on all points connected with it. All I intended to state was my own impression that if adequate foresight bad been used on the °manioc, sod the anticipations which other people entertained of th peobaide demands for the Chinese war, and the coot off •6caii and which were subosqusotly realised, bad formed pert of the considera tions on which parliament were called upon to repeal the paler duties, the result night have boos different I neither intsndsd to impute to Mr. Gladstone that he saw , at the time, rein= to entertaia Shams az...Magian ; and. least of all, that if he had entertained m. be would not have stated them with his usual frankness and siocerity.— lem always, my dear air, yours very taithhilly, Bnwaas ELLICR—H. Roden , /Isq., Cosestry." The Economist of Saturday last contains a memoir of the late Right Has. Jana WWes , M.P., the founder, and until a recent date the editor ( of that journal. This memoir is not a panegyric but a faithful sx hi hitiow of Mr. Wilson's character from intimate aptotalut ince. Interesting as it is to trace the ascent " from the manufactory of a small Scotch hatter in a small Scotch town to the English Treasury and the Council Board of India," it Is even more interesting to learn how Mr. Wilson acquired In unofficial life the aptitudes which made him useful and 11•CeSakr7 to his country. Mr. Wilson's career belongs especially to the history of tniddle.claas achieve. ment, and to all who feel a pride in that history this memoir will be moot welcome. Its first publication in the pages of the Economia' was due to the readers of that journal, but we hope shortly to meet with It in some form convenient for permanent preservation and reference. • gin Court. • vruipsos om 0“, IdajeatyliAinner party y o 2t , Alince °CV's/a, Prince Alfred and the artagels, *be Duke and Du ers, Duke cif Veseastlii, the Furl of St. Tiaeou‘ Viscounts= Sydney, Major-General the Hon. R. Bruce Hon. Wellesley, the Hon. Itsn. Jgaes clerk, Lieutenant-Colonel Keppei r egpfillitara Bt • The band of the Seas Fusilier Chards played during dinner. Her Fo►. if. inclided The Queen did not quit the Castle this morning, owing to os unfavourable state of the weather. Princess Alice, Princess Helena, and Princess Louise, rode the riding•house. The Dachau of Kent visited her Majesty, and took luncheon. The following visitors left the Castle to-day :—Purl Gran ville, the Duke and Duchess of Somerset, Viscount and Viscountess Sydney, and the Duke of Newcastle. Her Majesty's dinner party included the Prince of Wales, Prince Alfred, and the Princess Alice, the Belgian Minister and Madame Van de Weyer, the Earl of St. Germans, Lieu tenant-Colonel Keppel, Major Cowell, 8.E., and the follow-, log visitors, who arrived at the Castle in the afternoon Tie Duchess of Sutherland, the United States Minister and Mrs. Daily Lord and lady John Buwll , Viscount Palmer. ston, and the Hight Hon. Sir Edmond W. Head, Go►ernor- General of Canada. The band of the Royal Horse Guards played during dinner. Her Majesty's private band afterwards performed in the dewing-mom. SUNDAY, NOV. 18. The Queen and Prince Consort, the Prince of Wale', Prince Arthur, Prince's Alice, Primer Bekaa, and Frill cosi Louise, the Ladies and (katlama al the Overt, and tie domestic household attended divine sorties this morning ia the Private Chapel. The visitors staying in the Castle were at the service. The Rev. F. C. Cook, one of her Ma jesty's Inspectors of Schools, preached the sermon. A Cabinet Council was held on Sat at the official residence of the First Lord of the in Downing-street. The Ministers present were Viscount Palmerston, the Lord Chancellor, Earl Granville, Duke of Argyll, Sir G. Cornwall Lewis, Lord John Russell, the Duke of Newcastle, the Right Hon. Sidney Herbert, Sir Charles Wood, the Chancellor of the Exchequer, the Duke of Somerset, the Right Hon. T. Milner Gibson, Sir George Grey Lord Stanley of Alderley, the Right Hum. C. P. Vi ll iers, and the Right Hon. Edward CardwelL A deputation from the Anti-Opium Association bad an interview with Mr. Samuel Laing, at the l'esminry, on Sa turday. The deputation oonsisted of Mr. R. N. Fowler (president), Rev. Henry Richards, Mr. Josiah Browne, Mr. Edward Mardi, Mr. Edward Newman (Secretary), and Dr. de la Porte. The deputation was intscidased by Mr. Charles Gilpin, M.P. " The invitation of the American Minister on a visit to the Quoin at Wiodpor," remarks the Observer, " so soon after the arrival of the Prince of Wales, to company with the heads of the government, is a prompt and graceful sclmowledgment of the hospitality of the President, and the cordial attention and the enthusiastic reception of the heir to the Britt& throne exhibited by all ranks and claim of the people of the United Stake." The Prince di Mirano and the Marquis Oardoni have arrived at the Brunswick, Jermymetreet, from Italy. His Excellency the Minister of the Netherlands has returned to London from the Continent to resume his diplomatic functions st this court. The Duke of Newcastle is staying at 2tfaurigy's Hotel The Marquis and Marchioness of Aileebury have goes for a few days to Polkeetone, after which the noble marquis and marchioness go to Scotland on a visit to the Countess of Dunmore, to be present at the nuptials of Lady Oman Murray and the Earl of Southask. The Earl of Shelburne leaves Lansdowne House today for Scotland. The countess is staying at Bowood, on • visit to the Marquis of Lasadowne. . _ The Earl and Countess of Yarborough have arrived at their mansion in Arlington.atreet, from Brighton. The Earl and Countess of Arran have engaged a residsnoe at Bt. Leosanrsainami for the winter season. The Right Hon. Sidney and Mrs. Herbert will have town on Wednesday for Dunmore Park, on a visit to the Countess of Dunmore, in order to be present at the marriage of Defy Bare Murray and the Fk.rl of floutheek. On T rhimmliy last, at a meeting of the Peers of Scotland, assembled at Rolyrood Palace, Baron Rollo was nnesnmously elected to sit sad voto in the Rowe of Lords, in the roam of David, Banal Le►en and Melville, decamped. The Lord Bishop of London has conferred the chancellorship of fit. Paul's Cathedral, vacant by the death of the Rey. Henry Bounce, LA., an the Right Res. George Trevor Spencer, D.D., some tinge Lord Bishop of Madras. The British Commiaaion for the negotiation of the new French tariff have completed their labours, sod haws left Paris. Mr. Cobden is about to proceed to the south of France. Mr. Nelet sad Mr. lack have returned to their duties at the Board of Inds. Mr. Frederic Johnson, Vioe-Consul at Acapulco, is appointed her Majesty's Consul at Tampico (both is Mexico), in the room of Colonel Cumberlege, demised. Mr. Orignon is appointed her Majesty's Consul at Rigs, and Mr. Johnson herliajesty'aConeul atTeneriffe. Orda St. Paul's Cathedral will be opened for the ' nary services on Advent Sunday, December 2. The d and chapter are unwilling to discontinue any longer Divine worship in the cathedral, tho►gh the improvemente in the choir are by no means finished. The dean and chapter and the eommittee have bees unable to carry out more com pletely this portion of the great projected improvement., partly from want of time, partly from the want of funds. It ids moposed to open the dome area and the new organ with a musical festival ou the holyday of the Conversion of St. Paul, Friday, January 25, under tho direction of Mr. Roue, orgauisi of the cathedral. Oa the Sunday after (January 27) the special evening services will commence. A snowstorm took phwe ►t Birmingham on Saturday. It commenced early in the morning and COD tinned during the greater part of the day. The cold was so peat that in exposed places the snow lay for a long time after it felL BUSINESS OP THE HOUSE OP COMMONS. The following notice of a motion to be made next erasion has been given by Yr. William Ewart: " Business of the House.—That it is expedient to con sider whether this house may not be relieved of a certain portion of its labours by the appointment of tribunals which may conduct its private business, subject to the re-consi deration and supervision of the house. Also by the relega tion of pertain matters, cow submitted to private bill com mittees, to the municipal corporations of cities and boroughs. That the House of Commons, being thus par tially relieved in the discharge of it. duties, be divided into committees consisting of seven members each, such as a committee of finance, a committee of law, kc. to which committees bills appertaieing to the several su bjects stdr milted to the consularation of such committees s ha ll be re ferred ,• and that more than one committee to consider dif ferent bills on the same subject be appointed, if re q uir e d. That, on the report on each hill being made to the house, a day be appointed for the cosaideration of such report. That select committees likewise consist of not more than seven members. That select comiuittees, as well as those above suggested, he chosen by a committee of selection, who shall choose them on account of their experience and knowledge of the subject submitted to their consideration ; and that the members of such committees shall make a de. dilation that they will resale:ly attend such committees." REPRESENTATION 07 BOUTRWARIC.—A numerous elective of the friends and supporters of Mr. Ardor PeHatt was held in the large room of the Woolpeek Tees's, Bev moodeepstreet, on Saturday evening. Mr. Leigh, of Ber mondsey, who occupied the chair, proceeded to inform the meeting that he hod, within the last few hours, bad au in terview with Mr. Apeley Pellatt, and that geatleman had told him that be should resign in favour of is. well known to them all. Ile (tbe speaker) had hoped that Mr. PeHatt himself would have been pressed to hare addressed them on the subject, and give his own explanation o f th e causes t h at had induced him to withdraw from contesting the represen• tenon. On the same evening Mr. Fawcett addressed A numerous meeting at the Bores and Groom Tav9rn, Great Guildford-street, when a reel:nth* declaring their opinion that he was a fit and proper moon to represent the borough, and pledging itself to his support, was passed. An active norms has been commenced an behalf-ar Mr. &oven. Crrr 07 LA/'DON liosPErst, rot DUMAS= 01 THE Cuter, Vitions.r.vox.- The numSer of patient. relieved at thiv iestitotion during last week was Mk of which 127 were ME eyes. • ( 41./ialaft 'INTELLIGENCE. Amu. AND VENICE. Hitikerto the 'Ali*an journals have treated all - propositions*, tfiit cession of Venice as unworthy of consideration. A change, however, seems to . be taking place in the public feeling, as manifested by the press. We read in the Freese of Vienna " An Austrian victory on the Mincio or the Po would probably - hays no other result than the main tenance of her position in Venice ; but any such success would be no security for the future. Between Novara and Sol ferino ten years have elapsed. Between a first and second attack upon Venice a single year probably would not elapse. What would not have succeeded on the first occasion would be attempted a second and a third time. The new Italian power has great resources, and if it is not powerful enough to overcome Austria, it is sufficiently so to compel the latter to keep itself in a state of war, which would exhaust her. This permanence of danger paralyses the strength of the country, delays the settlement of the financial questions and condemns Austria to an eternal wasting. The sword alone does not gua rantee the possession of Venice, and as Unbinds the question cannot possibly be solved. The Cabinets have now before them two or three months time in which to negotiate and to combine. Probably they will succeed in hitting upon a solution which may secure peace without injuring the dignity of Austria. Things cannot remain as they are, and note well that we have struck the balance of our position in Italy in the most favour able hypothesis." The Oet Deutsche Post has some observations of the same tendency, remarking that Sardinia will henceforward be • power which it will be ne cessary to take notice of, and in respect of which it will probably be necessary to assume a different attitude than that of an irreconcileable enemy. THE BOURBON TROOPS IN THE PAPAL STATES. NAPLIDI, Nov. 18. A military commission composed of French and Sardinian officers, and presided over by Generals Guyon and Cialdini, will settle the questions aris ing from the entry of tbo Bourbon troops into Ro man territory. GAETA Kt liamaiss), Nov. 13. Yesterday the Piedmoutese bombarded the suburbs of Gaeta. The Neapolitan troops continue to fight reso lutely, but the defection of staff officers is in creasing. Four generals, Salzano, Colonna, Bar bobriga, and Pohzzi, have resigned. The King has dismissed and sent away General BertoHui Colonel Pianolli has enrrendered a battalion of chasseurs to the Piedmonteee. Further resistance by the Bourbon troops is paralysed by the insubordination of their chiefs and the confusion which prevails. TURIN, Nov. 18. The Nations/it* annottnoes that no northern power has protested against the entry of Victor Emmanuel into the city of Naples. AUSTRIA. BERLIN, SUNDAY, Nov. 18. Lord Bloomfield is appointed English ambas dor to the court of Vienna. Lord Loftus, English minister at Vienna, replaces Lord Bloomfield at Berlin. VIENNA, SATURDAY. The Austrian Gazette says: "We have received information from a special. source that England, which up to the present time has only been represented at the imperial court of Austria by an Envoy Extraordinary and Minister Plenipotentiary, will raise the rank of the embassy, and will hi future be represented by an Ambassador Extraordinary and Minister Plenipotentiary. Lord Bloomfield will be appointed English amts at Vienna." THE UNITED STATES. ELECTION OF THE PRESIDENT. QUEENSTOWN, SusDAT. The royal mail steamship Aaia, Captain Lott, from New York on the 7th instant, arrived here at 7.45 p.m., lauded all mails, and proceeded for Liverpool at 8.20 p.m. She brings 65 passengers. The steamships Persia, Prince Albert, and Anglo- Saxon had arrived out. Mr. Lincoln has been elected President of the United States, and Mr. Hamlin Vice-President._ The majority in New York for Mr. Lincoln Zs 10,000. The Republicans have gained largely on former majorities. NEW YORK, Nov. 6, KVENING. Roney unchanged. Exchange firm, but unaltered. Stock, better. New York Central, tV3! to C ; nine ('Erie), 344 Illiaois, 744 to 4. Cotton steady and unchanged. Sales to day 400 bales. Flour firm and in good demand. Sales, 10,000 barrels. Wheat Leary and lower. Corn arm. Pro visions steady. Sugar quiet. Coffee firm. Freights btan tive at the recent advance. NEW ORLEANS, Nov.B i EXPRESS FROM PARIS. (1110 Y OUE OWN COR/tEsPONDMIT.) YARLS, SUEDET EVENING. The journals of this clay publish the following communiqué : Several journals have sought to mislaid public opinion as to the object and intention of the chvedzi- in which the Minister of the Interior stated the meaning and extent of the law as regards the attempt to organise emaciation' for the collection of Peter's pence. In presence of these attempts it becomes necessary once more to repeat each interpretation. Individual offerings are and will remain free, and they who cannot make them directly, du so by means of their bishops and curates ; but what the govern moot does not authorise,and what is punishable by the law, is the organisation of committees, of dirnries and of (vo taries, which maintain within the bowls of their organisation an army of tax-payers, and which agitate minds by the ardour of their propagation. Freedom of spontaneous offering-,, prohibition of committees of action and permanent assn. Mations capable of affording equal security to political psi. sloes and to religious zeal, such is the rule laid down by the government, and sanctioned by the penal law. - • - The news from Italy is "little but good." Dii. affection is rife in the army of Francis 11. His officers seem not to relish the prospect of starvatiou or interment beneath the ruins of the citadel. Tho ez-King himself, with the obstinacy of his race, announces his resolution to "defend himself while he has a sou, a man, and a crust of bread." Tho journals publish the order of the day addressed by Victor Emmanuel to the volunteers who have douo him such good service. He declares that they hare deserved well of the country and of himself ; pro. mines their definitive re-organisation according to the laws of the state ; appoints a commission chosen from officers both of the volunteer and the regular armies, which shall make suitable propo sals as regards the volunteer officers ; declares that such as continue to serve must engage for two years upon the footing of the regular troops, and makes provision for the wounded, for necessary leave of absence, stc. An amnesty for political offences is talked of in Austria, as also a change of ministry. Will they succeed in re-hanging the crazy old vehicle on these new wheels YARD'S, SATUEDAT EVENING. There was considerable animation to-day at the Bourse. The feeling of the general public was hopeful towards the earlier operations, but a false report of a fall of per cent. in Consols occasioned a temporary alarm. A better feeling characterised the close of the market, though the Rents gave way. The lint prioes of the Three per Cents. were 69.75 cub, and 69.85 account, being a fall of tic. and 10c. respectively. Cr6dit Mobilier rose 2f. 50c., leaving off at 755 f. Cotton quiet. Sales, 3.5,00/E)infeeTz, MOBILE, iYue:6. Balm of maim to 4a 800 bales ; middling, 10}e. to Lle. QUEENSTOWN, SUNDAY. The Royal Mail steam-a 1 ip Arabia arrived here at 3 p.m., embarked mail*, and proceeded for Hali fax and Boston at 4 p.m., ; all well FEARFUL LOSS OF LIFE AT SEA. We (Liverpool Albion) regret to announce that a telegram has been received from Gibraltar communicating the total loss of a Brazilian weasel of war, with fearful loss el lrfe. It is stated th►t the vassal was on her way from Marseilles to Lisbon, and was wrecked at Caps Spartel, on the coast of Barbary. It is also reported that the captain and 195 persons were drowned, and 115 saved in deplorable condition. These, we have the melancholy midis. faction of stating, were conveyed to Tangier by the English steam frigate Aim (Query. Argus!). We believe the Bra nnan corvette had a gre►t number of naval cadets on board for education and instruebon in practical navigation, aod the loss will throw a gloom on Rio when the news goes out by the French steamer on the 24th instant, and plunge many of the most respectable families into grief and mourning. The Danish journals are filled with accounts of the rejoicings which took place at Copenhagen on the 10th instant, on the occasion of the cekbration of the 50th anniversary of the marriage of Prince William of Reese and the Princess Charlotte, who is aunt of the present King of Denmark. This "golden wedding," as each an event is called, is not of frequent occurrence either in royal or in other families, and as happened in this taaa, it is usually the cause of a general meeting of all the role. bons that can conveniently attend. The King and ell the members of the royal family were present to offer their congratulations to the prince and princess, who are now re spectively in their 73rd and 71st years, and who both con tinue to enjoy the most perfect health. They form the link in the chain which connects the Oldenborg with the °lack► borg branches of the Danish dynasty, as the* daughter, the Princess Louise, is the consort of Prince Christian of Denmark, who by the protocol of London has been selected as heir presumptive to the Danish throne on the extinction of that branch of which the King and Lis uncle are ROW tall only representatives. THE JOURNEY OP THE EA(PEESS OP THE FRENCH TO SCOTLAND. -4- The Monitar of yestenlay publishes the following short paragraph : " The sad blow which her Majesty the Empress has ex perienced in her family affections having rendered a change of air neoeissry for her health, her Majesty left three days linos to make, in the most private manner, a journey in England and Scotland for a few we:lm Her Majesty left on Wednesday morning, and the Emperor accompanied her to the railway station." We rend in the Morning Pest:—" The silence which for some days the Moutteur has observed in regard to the departure of the Empress, evidently with the intention of assisting hor leaved() in travelling, is now broken, and the journey of her Majesty is officially set forth by the French government. It is to be hoped that this announcement may in no way affect the privacy of which the Empress stands in so much need. Her health was severely tried by the circumstances attendant on the death of her tenderly loved sister, the Duchess of Alla. When, with the Emperor, her Majesty started on the imperial tour iu the south and in Algeria, her sister teas very ill, but none believed that there was serious danger. It will be remembered that in the midst of their journey in Africa the Empress heard of the duchess's unexpected death. Her grief was the more painful because she could not escape from the necessities of official receptions. In this unhappy position there remained one melancholy cow eolation, namely, that she might still pay the last aid duties to her sister. What then Inuit the Empress have suffered when, oa her return from Africa, she leaned that she waa deprived of her lest sad hope, and that the duchess was already committed to the grave Thus arose au over powering despair, • retired and solitary life, which seemed to refuse every consolation. Such a state of things could sot be allowed to continuo without seriously affecting the health of the Empress, and the Emperor positively urged a change of scene and of air, which might mitigate, if not dispel, a state of feeling which caused so much anxiety to himself and to all attached to her Majesty. This coarse cop resolved upon, the selection of the country in which the Empress should travel was, it amain, quickly made, and everyone will be glad that the choice fell on England. It has been stated that her Majesty is on her road to Hamilton Palace. This, however, it seems is an I error. The Empress is simply travelling in England and Scotland, and will not become the guest of any subject be fore her Majesty pays a visit to Windsor. This will take place as soon as the novelty and progress of the journey shall have tempered a frame of mind which at present would only reader such an interview trying to both of the aug -at ladies." YORK, SATURDAT AFTERNOON. On Friday evening the Empress of the French arrived is York by the 5.45 Great Northern train from London ' ee mar for Scotland. Her arrival wee of the most private character, the only intinuitiou of her intention to stay is York being wave) ed by telegram to Mr. Holiday, of the Royal Station Hotel, who was ordered to provide ac commodation for fifteen persons. Her Majesty was &room. ponied by the Coniteese de Montebello, Madame do Hanky, the Marquis de Lagrange, and Colonel Fare, and a suite of ten attendants. . . . . . . . —..----- On Saturday morning her Majesty visited the cathedral. On her arrival there she was conducted to the choir, whilst she was passing round which Dr. Moak played a grand voluntary en the organ. Thu Hon. and Very Rev. the Dean of York and the Rev. Canon Hey also conducted Mir Majesty up the side aisles and over the Lady Chapel. The Empress afterwards preeeeded to the Chapter-house. after iuspectiug which she wu taken to the crypt, under the choir, which had been illuminated expressly for the occa sion. Her Majesty remained iu the cathedral for about thiee.marters of au hour, after which she was driven to the museum belonging to the Yorkshire Plnlosophiad Society, and went over the building. At a little before two o'clock the lady Mayoress (Ara Leeman) and her two daughters were introduced to her Majesty, and spout cornea time in conversation with her. Having arranged to leave York by the 2.20 p.m. express train fur the North, the Empress wee met on the departure platform at that time by the Lord Mayor (G. Loman, Vai.), who is the vice-chairman of the North Eastern Rail. way Company. To him her Majesty expressed the pleasure she had denved from an inspiration of the ancient city, its cathedral, and museum, and hoped on some future occasion again to visit York, ari l make a longer ay. Before enter. Mg the carriage her Majesty was repeatedly cheered by the company who had userubled to witness her departure, mark of respect which her Majesty appeared to fully appreciate. Her Majesty and suite were attired in deep mourning, and the Empress wore a paleand languid appearance, which, in the opinion of many, bore out the supposition that her visit to Scotland was to repair her declining health. Her Majesty, with several of the members of her rune, occupied the central oompartinent of u tinit-class ferriage, and the train reached Edinburgh at quarter pad 8 o'clock. As no special arrangemeoti had been made for the reception of the august lady, and an the platform was soniewhatdok, very few of those who gathered round the carri..ge in wait• lag ou the platform could distinguish her Majesty among the ladies of the suite, all of whom were plainly drened in deep mourning. The crowd, however, gave her Majesty very cordial cheer, bathes she alighte d from the tram, and as her carriage left the platform. Her Majesty and suite immediately proceeded to Douglas Hotel, when apartnients had boon engaged for their brief stay. Apart from the popularity of her Majesty's character, Ler sea:Aril osi nalsou with Scotland in oertain to secure for her a very kindly reception north of the Tweed. Duos >ttv Tin Hurrnito FIELD.—On Friday last gentleman, Ow'. W Booth, Ime -OT.-0 formerly Glendon, Nortlmmptonshire, died most suddenly while fob lowing the Cambrus- hire hounds. Shortly after th.y had left Tineland Wood Mr. Booth fell from his horse sad died immediately, suffering on doubt from disease of the heart. The onfortunato gentlemou was cousin of Mr. Barnett. the wellitnown master of the hounds. lie was also a friersis but not rslated to, Sir Williamson Booth, of llama Pak. who was a rtmeously slated Li one of the I.cd Palo' W have been the gentleman who died au suddenly.