The Express. — London, England, 1860-09-03 00:00:00

SSCOND-R•ND PIANOFORTES. L'..712114..aut`4.....:,',1:::: • =7= : 8 1 ne•tq reduced prima Ilaisst•lrest. BENSON'S WATCHIS. MEAN d sunanhe.' —Yarn= Pad. Odd TOON 4ta IN palnnas Maw. 2 to ea guineas. Ssaa Ong, Pee Ilimesers Diseleelled Pamphlet. ollmotedy• 411 awn smailmmodia wadi rad Nada Nakano ond sioadparSa ear dadd.—aa and at. LekaaNNL LC. WYNN& 1719. SWIRT FUMIGATION.—PIESSZ sad ittooN of introwl.—usies Ohm set the Ilene, eel ea It emeal!..r• • nurwa s..,pnat wind/fetal° the air. numb for • minute'. daily a•• In • not. to Itateld at Ifts Maser& 11•11,—P•riurner, fact..:.. L N... beniatreet. ”Tlie Nary at our lives frimi veer 1.. yeer."—igiakepraro. Part XVI , pubLL.Le I r oil. Ile , I 14.a1.4 fur septeether, price L the Y EAR ROUND, Contains the 4 Ville* s Story, WHITL, . _ The Amasseseementof a New Pedal Tale bj Charles Leese. A Dal 'A RIDS :MS ROMANCE; lbe 1 harlsaath.loaraey al TEE UNCOMMIACIAL TiLATICUAS, by Charles Ilk keee CNTED dela% a alary he Tye Testa. lq Charles Dickens: Apt la addition. Fitteas Arledge ea kyles of lausethate and U lalanel. Palaiehea alas la Wealdl ewham 111., sal en Halt learey Tehmee, ee We Mees4. WA: sad by , 8 ...A alas, no, 1 • Lisiese. gin erpreM itvortionorolo Ir•W tot 'TiroVii:' London IP:venlig Piper. woo{ be Woo oils. 111. Boovorlo-oweot, by Two • cloct os Ski dog odgedgmaged. ILI =al=.. Wt. E•Wisi Tilt OVIiLIND IS:117C. Seem clilppms• dale I oqlaa, Dedistrie. sea R Mationn. link C. itattwora % .PISTLATION. Mr. C ‘lath.o e. —i..ul TIE 11 it 111 ENING. Sr. Mat: 3ln. ranrcors. TRU! ErMIINS, 7ago , -, L. ADdenes., sore. P Mllthe•re. Ind air Peria 311 r T.l.rorthy, Miss K sal Miss IL Istioa,..B/hd TRH VILNT NIGHT. Mr A. Ilartit 11... M. Mania —l:kassece at:. IIIITA!rill Rrcnrsn. Jll.l. D 1 LAI*NAY. Mews Reynolds and nrnyinvon Win 081 .-7711 frinall.CD CHILI,, 'me uH WoM•r.—TM frd AA JAN{ Mirk& Mr, G. Varnald. —And A 1.111 MIR A Un. L. sod Mrs. Crsollnrl. ITER WATER AT EMDEN MIDGE. TWCI DST .4661111111111, i MIL Afternoon, 'th. Slm Tu-sesow—Mwrels& 411. Allenuron„ 4h. 2_'m LONDON,. MONDAY, SEPT. 3. Ix the interest of legitimate commerce a hearty welcome must be given to a little pamphlet which has been addressed by Mr. SAMUEL P. WARD, of Cheapside, to the wholesale manufacturers and warehousemen in the shipping trade. It is printed for gratuitous circulation, and comprises an ear nest denunciation of the mischievous yet growing practice of hypothecating goods bought for expor tation. Mr. WARD starts with the position that the practice of obtaining cash advances from bankers and other capitalists on goods bought for foreign shipment has now become so common, and affords so many opportunities to unprincipled adventurers of surreptitiously possessing them selves of large sums of money, that it is imperatively necessary for wholesale houses to establish some well-considered plan to arrest the evil. We will not follow Mr. WARD in his ieferenee to the system of plunder organised by commercial sharpers, who have devised a plan of fictitious referenees with such skill that even firms of experience and caution are stated to have been duped by it. Neither is it necessary to hold up to reprobation thu trick of fabricating false in voices. In these cases, in order to obtain a more liberal advance on goods intended to be pledged, an unscrupulous merchant induces an equally un scrupulous niantitscturer or wholesale dealer to invoice goods at 20 or 25 per cent, beyond their actual cost price. The deceived lender may nut discover his loss for months. This is mere swindling. There cannot be a doubt that the system of false references and false invoices will be readily taken cognisance of by the criminal or civil courts. Nothing is re quired in the interest of commercial justice save for traders to take care that every such delinquent inivicdiately pilloried. The practice of making large cash advances upon goods undoubtedly acts as an eaeouragement to frauds of this dimeription; but these are its grosser features, and penalties are already provided. It is when Mr. WARD quits this exceptional portion of the subject, and portrays evils which run through the greater part of our vast export trails-, that we can follow him with real advantage. IL. rightly points out that the opportunities and eiwouragetitents hebl out for hypothecating goods present a strong inventive to well-meaning per. &ion of imultspiatu capital to embark in the ship ping trade. Naturally anxious to improve their position, and having through this artificial means 'was o: moue; at their command, at least for a tune, they are allured into speculations out ' of all proportion to their own resources. As soon as the course of trade gets out of joint they are borne down by the overwhelming pressure of their cog...gement'. Perhaps they struggle desperately on, loss their moral equilibrium, increase their ultimate embarrassments by increasing their ven tures at the exclusive risk of their unfortunate cre ditors, and end by scattering ruin over a wide circle. Instances of this kind have been painfully nume rous. EVI:11 persons whose intentions are good are deluded into a false course by the temptations extended to them. Few trades can long be con duct.•d succe•.dnlly ent:n.ly upon horrowod money. Its fact, a inert:hint i:t this vAition has no nide fuleuve of action. It natters nut whether tho cour se of the foreign or colonial luarketa is favour- abli or the reverse—whether they ars glutted or empty; he has sent out goods on borrowed money, and whim his loan account approaches maturity he nowt buy more, even if they be unsuited to his wants, and pledge them likewise, in order that he 'may tiU up the chasm of his urgent neces sities. The deeper he plunges into difficulty the more listly is he to be driven away from first-class houses of a conservative character, and to nego tiate with others of less 'scrupulous practice, who, when an opportunity occurs, which is usually not long d layed, extort exorbitant profits, without hesitation. In such case•, the false principle of buying goods sod pawning them only widens the Tortes in which embarrassed traders aro lest. The run - Nous elect estends to the foreign markets, which, in consequence of the stimulus given to the reckless speculations of persons without capital, become surcharged with goods. In the abeerioe of any adequate 'lemma.% the consigns:4:e abroad sell goods at prices far below their current value. In ad dition to the ruin thus entailed npon the specula tive shipper, who had no right to embark in ven tures so much beyond his means, the legitimate merchant, who trades with his own zapital, and confines himself to a sound business, is seriously injured. Ho must either sell his goods at the reduced prices which have been established by the forced sales of the speculator's commodities ; or he must hold them on hand for an indefinite period, at a considcrahle loss of interest, not to speak of the inconvenience occasioned by the delay of those r•turns upon which he had a right to calculate. It ht, t'ereior•, an inevitable consequence of the itre g-.11.1r 1.1...::tet winch we hare described, that they are felt through every link of commerce,. A false TEE a delusive expansion is given to trade, and ance of prosperity is created. Were it necessary to cite instances of the evil of the system which Mr. WARD is endeavouring to overthrow, they could be supplied by scores. A most flagrant case was that of two young men, named Mitstrax and Wane, without influence or capital, who carried on business in Cheapside, and disappeared, leaving liabilities to the extent of about is hundred thousand pounds. A second case is that of BISHOP and FARDRIDOE, East India mer ' chants, who figured in the Bankruptcy Court in July last. These persons commenced business in January, 1859, with little or no capital, and within nine months were brought to a stoppage, with liabilities to the extent of more than 12,0001., and without a prospect of any dividend for their creditors. It was the bankrupts' practice to ob tain goods, and pledge them immediately. Mr. Commissioner Hoteove characterised their trading u " heedless," unjustifiable, and "tainted with " fraud," and accordingly suspended their third class certificates for three years, leaving them with out protection for six months. A third case is that of R4.IIERT FREELA-ND and Brother, of Man chester, who recommenced business in January, 1859, with a virtual deficiency of 1,0001., and at the date of their stoppage had consigned goods to the extent of 509,000 f., subject to 441,0001. of liabilities. We see here what the system of trad ing on borrowed money leads to. Once committed to it, the reckless merchant goes on to any practi cable extent. The numerous and influential creditors of ROBERT FREELAND and Brother do not expect to get half-a-crown in the pound. One indication of irregularity in commercial operations is when a large sum is paid as interest on advances or for discount of bills. This feature is presented in the balance-sheets of most of the houses which have failed during the last few years. The usual facilities must be obtained, no matter how high may be the terms demanded. The pre sent abuse of the system of hypothecating goods involves a fearful degree of commercial laxity, and tends to sap the very foundations of commercial morality. When a man is trading with his own money be has every inducement to exercise prudence and economy. When the funds which he ventures consist entirely of those contributed by other people, the ordi nary incentives are wanting, and he is only too apt to become careless in his transactions or ex travagant in his habits. The risk is his creditors'. As showing the ruinous tendency of the encou ragement which is given to people to trade without capital, Mr. WARD instances the case of shippers who obtain an advance of 75 per cent. on the cost price of goods. " How," he asks, "is " the remaining deficiency of 25 per cent. to be " met when the account reaches maturity ? Is " it by means of the profit expected to be realised "on the sale of these goods after they have " reached their destination ? Thia, truly, is a " safe and rational basis on which to hazard the stability of a mercantile establishment ! But " what is the state of the case should the goods " be sold at a heavy loss, or not be sold at all " And these events must not be presumed to be " merely hypothetical, for they are of continual " and almost daily occurrence. The perilous and " embarrassing position of such a course can only " be retrieved by making fresh purchases, and by " plittiginj the goods when bought. The difficulty, " however, is not by this means surmounted ; it " is, in fact, merely deferred, only to reappear in 44 a worse and more threatening form." - It is imposaible to withhold insult from the conclusion at which Mr. WARD arrives, that no one, however trustworthy his chars ter or exten sive his commercial knowledge may he, is warranted in embarking in the foreign shipping trade, unless ho possess a substantial capital of his own. And this brings us to a consideration of the principal remedy in the shape of a general and uniform rule of credit, with regard to shippers, which Mr. WARD urges for adoption by all whole sale houses and manufacturers. London, he thinks, u the mercantile centre, ought to take the lead in instituting a reform, and ought then to invite the co-operation of the provinces. He recommends that a few welleonsidered rules for regulating the credit of the shipping trade should be framed, and strictly acted upon by all the leading firms in the kingdom. One of the first of these should be, never, under any circumstances, to open a credit account with a shipping merchant, unless he can satisfactorily prove that he possesses sufficient hoed file capital of his own to form the nucleus or primary bonsai his operations. Any one who evades or shrinks from this test ought not to be trusted. Another rule should be resolutely to refuse credit to all those shippers who aro in the habit of anticipating the proceeds of their consignments, by way of hypo- thecation, since their systematic adoption of this course proves conclusively that they have no basis of capital of their own, or, at least, that their en gagements are far in excess of their capital. We heartily wish Mr. WARD suc c ess in his laudable exertions. The correctness of his con clusions and the salutary tendency of the remedy suggested cannot be questioned. The wholesale dealers and manufacturers have it undoubtedly in their power, by combination, to diminish greatly the evil complained of, and to raise proportion ately the character and remunerative capacity of the foreign trade of the country. The advices received from the manufacturing districts during the last week do not speak of much improvement in trade. A large amount of general business is going forward, as his been the came throughout the year; but during the broken and gloomy weather, which seems to have at length cleared up, there has been no buoy ancy, and certain departments are dull. At Man chester the prices of cotton goods are complained of as =satisfactory, and the tendency is still drooping. In some instances the stocks are in creasing. The accounts from India continue unfavourable. tales to a comiderable extent are effected, however, from week to week, at the re duced prices. At Liverpool the most favourable feature is the reduction in the computed stocks of cotton to 1,087,750 bales, but the quantity held at the corresponding period of last year was only 653,350 bales. In the woollen districts caution is shown, and the sales of goods have diminished, owing to the bad weather, but the condition of employment is tolerably good. The same cannot be said of the lace and hosiery trades at Nottingham, which aro depressed. Strikes amongst the workpeople there have contributed to cheek business. The accounts from the iron and hardware districts are rather !conflicting. In some quarters more animation is shown, whilst in others considerable dulness pre• leads. We do not hear, however, of much lack of employment. The propitious change in the weather will assist materially in sustaining con fidence. PA y VENT or Corn► CORONNIUL—Bv an act just pohkehell (Vaud 24 Yid., e. llrl . an in n i "A ar the let January west all 'meaty erasers will Le peel a salary of fee... inil•acr. er.l silnwanevw. The annual valary IpAyable quarter.y). iv t.. fe on the evtrege of five year,' ise.ene •d the Nike. The Luovl Chance:4,r low power to remove s miaow far laisomaduat DAY 4VEitilG, SEPTESSE'R 3, 1860. 'RESS. MOls 1t fount.: -.! • BALMORAL, Aroma 31. Her Majesty, accompanied by the Princess of Leiaingen, Princess Alice, and Prince Arthur, went yester day to the Falls of the Carr.a.Walt, and then rode to °nig Clunie. The royal party afterwards drove to Castletown. The Prince ("onvort went out deer-stalking. The Prince of Leiningen went out grouse shooting. There Can no addition to the royal dinner party. Horst sra 1. Her Majesty with the Prince Consort, the Prince and Princess of Leiningen, and Princess Alice, walked in the neigbourhood of the Castle yesterday rooming. Her Majesty and the Prince gave a dinner in celebration of the Prince Consort's birthday to the tenantry of the Balmoral, Abergeldie, and Birkhall estate., the keepers, servants, and guiles upon the three properties, which was presided over by Dr. Robertson. The Rev. A. Anderson, minister of the parish of Crathie, and Dr. Cameron were also present. At six o'clock her Majesty, with the Prince Consort, the Prince and Princess ,of Leiningen, and the remainder of the Royal family, and attended by the ladies and gentlemen in waiting, proceeded to the dining-room, where her Majesty remained for a few minutes. There was a Gullies Ball given to the party from the dining hall, their wives and families, which her Majesty honoured with her presence. There was no addition to the royal dinner party. Vroeount Palmerton left town oa Friday for Bracket Hall. Despatches from the Governors of the Cape, St. Helena, and Natal, were received on Saturday et the Colonial-Aloe. Despatches were sent to the Governors of the West Indies, the &haws, Canada, and British Oehabit THE PRINCE OF WALES AT QUEBEC. Hid Royal Hightmei the Prince of Wake landed at Quebec on Saturday afternoon, the 18th of August, and was received with the greatest enthusiasm, notwithstanding the day was wet and disagreeable. The usual address was presented on his 'Audios, after which a procession was formed, which escorted him to the Government House. The procession, owing probably to the state of the weather, was rather a failure, but the illumination was very fine. On the 19th the prince attended Divine service at the English cathedral. The special correspondent of the New York Herald, under date of Quebec, the 20th, says : "The weather yesterday was superb, and the excitement great. The centre of attraction was the English cathedral, where the prince attended morning service. The church was crammed with people, who were admitted only by ticket. During the afternoon the prince visited the plains of Abraham, Wolfe's Monument, and vicinity, and the Governor-General's residence at CatoraguL Mr. Bartlett, secretary of state, and Mr. Sprague, both of Rhode Island, presented an invitation to Governor Williams for the prince to visit Providence. The duke replied that the programme of the prince's visit to the United States was not yet decided on, but that he would consult Lord Lyons, in whose charge everything was left, to-day or to-morrow, and arrange the programme. Both he and the prince wanted to see as much as possible of the United States and its various cities ; would also like to go west and see the prairies. It was probable they might go to Chicago. The prince, who is much interested in me chanics, wants to see the manufacturing towns. The Rhode Island delegation returned home this afternoon, and will receive the prince's answer by letter. In spite of the ram the prince and suite of four persons paid a visit to the Chaudiere Falls on the opposite side of the river. He drove to the landing, crossed in a special ferry boat, and rode on horseback to the falls, where a fine collation had been provided. The rain had swelled the falls, which made ■ beautiful appearance. He returned late in the evening. The prince takes up his official residence at Parliament House to-morrow morning. The 17th Regiment act as a guard of honour. A salute will be fired teen the levee. In the evening three balls will be given —one of them by the city. There will be a display of fireworks and illumination. White kid gloves om fearfully high on account of the tall. The rigida tiou drees is all black except gloves, shirts, Ix. There are • great many people here from Montreal and the linked States. A di:leg:anal from Ottawa city has offered the prince a processin, ball, and a parade of lumbermen in 60 bark canoes. The prince does nut mind bad weather, as be thinks it English." A Quebec telegram of the 21st says :—" The mines has taken up his residence in the Parliament House. At the levee both of the Speakers were knighted. He visited the Montmorenci Falls ball to-night." His Royal Highnera the Crown Prince of Wur towbars and her Imperial Highness the Grano] Duchess Olga, accompanied by their suite of attesdants, have left Claritles Hotel for Shanklia, Isle of Wight. Hie Royal Rigtunes the Duke of Cambridge hu been •tayiog during the pest week at Gordon Cantle, near Torbabets, N.R, on a visit to the Duke and Durham of Richmond. His Excellency the Bavarian Minister and Ba roness de Cetto have left liill.street for Brighoto, to pass the autumn at that favourite watering-place. His Excellency the Prussian Minister and the Counter Bernatortf and family have left the Prussian Le gation, on Carlton House-terrace, for Brighton, with the in tention of residing there several weniut. The Marquis of Hastings has arrived at bile trywiek Homo, Locliawe, N. 8., on a visit to Captain and Lady Bertha Clifton, from Burlington Park, Ashby-do-Is Zourh. The Marquis and Marchioness of Headfort have left elaridie's Hotel, for Belgium. _ _ The Mirehioneas of Abercorn, after visiting the Earl and Countess of Lichfield, at Shugborongli Paris, Staf fordshire, has goon on a visit to the Duke of Bedford, at Ends!sigh Cottage, the noble dnke's romantic *eat near Taviatock. The Earl Granville, the Lord President of the Council, left his residence in Bruton-street, on Saturday, for Germany. The Earl and Lady Constance Grosvenor left (Salvorley Park, their mat in Cheshire, on Friday lag, for Dusrobin Castle, N. 8., to join the family circle staying wit► the Duke of Sutherland. Viscount and Viscountess Palmerston, who left town oa ?MDT for Broad* Hall, Herta, ere entertaining a select circle ►t their country seat. Viscount Maynard is suffering from severe India poritlos oa the Continent. Lord and Lady Wodehonse have left town for Kimberley Park, tbeir seat in Norfolk. Lord Weat has returned from a tour in France, sad will soon join the family circle staying with the Earl sad Counter Delawsrr at Bockhurst Park, Sumer. Tho marriage of Lord Enatace Cecil, third on of the Yarquia of Salisbury, and Lade Gertrude Scott, daugh ter of the late and sister to the present Earl or Eldon, is appointed to take pines en the 18th inst. The Right Hon. Sidney Herbert, M.P., and Mn. Herbert have arrived at Lorre% Caithnessohire, on a vine to the Right Hon. the Speaker sad lady Charlotte Denison, at the Duke of Portlaud's shooting box. The Right Hon. Charles P. Villiers, M. P., left town on Saturday, to pass a few weeks on the C'ontinent. His Excellency the Lord-Lientenaut has graci ously intimated that, in the event of a sulAcription being railed to enable the widow of Holden to einisrate, he will be happy to onatribette the Dam of 5/. TH or SI& H. G. WARD.—By A telezram from Bombay, dated the Bth tilt., we loam the death of Sir Hemp George Ward, who died of cholera at Madsen on the 2nd ult. The deceased aueteeded Sir C. ?royalism all Governor of Mathes, whose protest against the immune-tax in Imba created uo little surprise a short time since. He was the only son of the late Mr. Robert Plumcr Ward, of Odston Park, Harts, by Lis lint wife, daughter of Mr. C.T. Mating, of West Honnington, Durham. He married in 1824 the sewed daughter of Sir J. L Swinburuis ; was Minister Plenipotentiary for acknowledging the Mexican Republic ; wen Secretary to the Admiralty from July, 1846, to May, 1849; Lord High Commissioner of the lonian Islands (and a O.C. M. G., acoordieg to image, on receiving this office) from May, 1:449, to February, PM, when be was appointed Governor :cal Commander-in-Chief of Ceylon. lie was also propnetor of the Wee.U, Chronicle front its eienbbah ment lip to otol took ao getivo iu roilotty en terpri.r ; M.lt. for St. Alltu3',l from 1532t0 1S8;, and fur Slit:flit:Ll (rum 1N37 to May, 1849. '444. LA'Z'ES r IN TELLIGESCE. ITALY. THE REVOLUTION IN NAPLES. NAPL2B, Sett. 2 (vi► Genoa). • The province of Tem de I*voro has risen in Bands of insurgents have united, and are march ing upon Campobasso. AND BRITISH TELEGRAPH) (rams ous omit 00111BSPOIDEKT.) NAPLES, Acucar 31, Frvs O'CLOCK. It is said that the ministers have given in their resignation, but as yet the King has not chosen to accept it. The Count of Syracuse will leave Naples to-day on board of a Sardinian steamer, having b3en summoned to Turin by a telegraphic despatch this morning. TURIN, SUNDAY, Sam 2. The Opinion of to-day publishes the following telegram : " Naples, Sept. 1. "Garibaldi has arrived at Monteleone. " Part of the royal troops have fraternised with the inaurgenta, and part have been dispersed. " The province of Salerno has risen in insurrec tion, to the cry of Long live Victor Emmanuel ! "The enthusiasm of the population is extra ordinary. " The royal troops who had been sent to reinforce the garrison of Monteleone have retired upon Avellino." Extensive military movements are taking place. It is RIM that the troops are to be concentrated on the frontiers. The Count of Syracwse has arrived, and taken up his residence in the Royal Palace. The Gazette di Torino announces that Signor Farini will leave to-morrow for Florence. According to advicea from Naples, Garibaldi war marching upon Salerno. NAPLES, Auarwr 28 (vil Marseilles). The King intended to change his ministry, but Prince d'lschitella refused to accept the presidency, and nobody else dared to accept it. General Catrofiano has been appointed Com mander-in-Chief at Naples. He assembled the general staffof the National Guard, and declarod to them that he reckoned on their assistance, but that he would shoot all traitors and the chiefs of the secret societies. The King has also received the same general staff, and promised them that he would not bom bard the city. The Minieter Pianelli has retuned from hie ex pedition. He has assembled 20,000 men at Salerno, under the command of Generale Boeco and Barbalongs. Another military camp is being formed at Avellino. The King and Count Trapani intend to try the issue of arms, and then to withdraw to Gaeta. The National Guard of Reggio, having surprised some Neapolitan troops, fired upon them within a very close distance, and an horrible milie ensued. It is asserted that Garibaldi is at Poteuza. The following telegram has been received at Mr. Reuter's office from the Peninsular and Oriental Steam Navigation Company : THE MAURITIUS AND BOMBAY MAILS. MARSEILLES, San. 2. The Valetta with the above mails arrived here at noon to-day. The mails leave for London at 5 p.m. THE AMERICAN MAILS. QUEENSTOWN, Serr. 1. The royal mail steamship Europa, Captain Leitch, from Boston on the 22nd, and Halifax on the 24th nit., at.ived here at 5.50 to-day. She brings 4 pa,sengers, and 175,000 dollars in specie for England. The Europa landed all mails except those for Liverpool, and proceeded at 6.5 p.m. All well The Europa was detained twelve hours off Hali fax by fog. The Arabia, North American, and Glasgow, from Liverpool, and the New York from Southampton, had arrived out. ~ The Prince of Wales held a grand levee on the 21st ult. in the Parliament House at Quebec. Both spankers of the parliament were knightel A ball was given in the evening. According to advices from Ruatan Islands to the 9th tth. General Walker bad landed at and cap tured Tim:ilk with but little resistance. COMMERCIAL INTELLIGENCE. NEW YORK, Avatar 21 (Mon c}. The cotton market was yesterday firmer and active, and prices had advanced. Middling Upland, lie. Sales, 2,000 to 3,000 bales. Flour heavier and pikes easier. Wheat firm. Corn lower. Pork mid sugar steady. Freights higher. EvEanno. _ Money active. Exchange unaltered. Stocks firm and srigldly advanced. Illinois, 876 ; Erie, 201 ; Michigan, fl/. NEW ORLEANS, AUGUST 20. Cotton steady. Quotation of middling, 104 c. to 100 c. LATEST BY TYLF.GRAPH VIA HALIFAX. NEW Y ORE , AUGUST 73. . _ The markets for cotton mid hrs.:dots& are firm. In bmadstuffs prices of all kinds have sightly advanoed. Pro visions quiet. Stocks slightly improved. NEW ORLEANS, Accost 22. The cotton market is generally unchanged. LIVERPOOL, Bomar. The royal mail steam ship Europa, Captain Leitch, arrived here this afternoon. Her news has been anticipated vi 4 Queenstown. QUEENSTOWN t BrNDAT. The royal mail steam-ship Asia arrived at 10.15 a.m., embarked mails and passengers, and pro ceeded at 5.20 p.m. for Halifax and Boston. All well. MURATISM IN NAPLES. TheMoniteerof to-day publishes a letterfrom Prince Murat, protesting against the interpretation given by that journal to his former letter. The prince says :—" I have never had the pretension to engage in anticipation the policy of the Emperor, nor the alliance of France. But I wished to say that should universal suffrage, free from all foreign in fluence, pronounce itself in my favour, the wishes of the population would doubtless be no less re spected at Naples than they have been in the other parts of Italy." AUSTRIA. VIENNA, MONDAY. Prince Metternich has conferences daily with Count Rechberg, at which Baron Prokesch, the Austrian internuncio at Constantinople, is also present. On this account the prince has prolonged his stay here for some days. He had a private audience of the Emperor on Friday. The prince before leaving Paris had an inter view with the Emperor Napoleon, from whom he brings the most pacific and friendly assurances. The prince leaves to-day for his estates in Bo hemia, where he intends staying for six weeks, un less unforeseen events should oblige him to return within au earlier period. THE POPE'S OWN. PERUOIA, Armnrr 30. General Lainoricire, in au order of the day, has directed his t roupe plunder any town which, ou the approach of the enemy, should rise in in surrection. THE EMPEROR NAPOLEON. The 3foniteur of today says : " Their Majesties have arrived at Chamounix, and were enthusiastically reoeived." SYRIA. (orriciAz..) DABASCUS,.Aceusr 20, &mdse. This morning 167 persons implicated in the Lite massacres, and on whom sentence had been passed, were publicly executed. Fifty-seven of the condemned were hanged in the most populous parts of the city, and 110 of the local police were allot in the square Djeuk 3leidan. These executions have struck terror into the in habitants of the city, which remained tranquil. To- morrow those condemned to hard labour and detention will be sent, under a strong escort, to Beyrout, where they will be immediately embarked for Constantinople. Among the persona banged were brothers, sons, and parents of the first men of the country. No attention was paid to their rank or dignity. To-morrow all the principal parties compromised will be arrested, tried, and punished. The trial of the ex-Governor, Ahmed Agha, and other officers, is proceeding before a council of war. The sentences will be enforced immediately after they are pronounced. The guilty persons who escaped after the mas sacres will be tried a, outlaws. They will undergo their penalties as soon as they are seized. The army of the Sultan acts with the most rigo rous discipline and in perfect loyalty. The 14r111 of justice is absolutely triumphant. Perfect tran quillity reins on all the borders of Syria. Order is re-established at Saida and its environs. INDIA.-DEATH OF THE GOVERNOR OF _ _ MADRAS. BOMBAY, sower 8. Sir Henry Ward died of cholera at Madras on the 2nti. inst. Sztraordinery revelations have taken place in a libel case as to the manner in which taste havo beau collected in Oude. THE WAR IN CHINA. HONG KONG JuLy 17. The British forces were ready fur attack, but tho French had protested against commencing hostili ties on amount of having lust all their liarindis in the reseal which was wrecked at Amoy, and haviug alas 2,009 luau less than the British. _ _ On the 26th June Load Elgin ioduced Baron Gros to withdraw the protest. The attack was to • anmence immediately. BOMBAY AND MALTRITIIIS MAILS The Indus, with the heavy portion of the above math, left Alexandria on the 27th August, and may there fore be expected at Southampton about the 10th in The Benarea arrived at Sum from Bombay on the 26th August. OUTWARD MAILS. The Bombay, with the London mails of the 4th to the 10th July, reached Ceylon on the 4th August, and transferred her mails to the Columbian fur conveyance to Calcutda. The Emelt took on the mails to China. The Pere (from Southampton on the )th August) arrived at Malta on the 29th, at 9 a.m., and left for Alexandria at 6 p.m. The Ellora (from Southampton on 7th August) reached Gilealtar on the let instant ; all well. the encountered severe weather in the Bay of Biscay. EXPRESS FROM PARIS. (nom one owl( cosnisrosnurr.) PARK SUNDAY EVENTSO. Beyond the telegraphic news which you will receive recording new successes of Garibaldi and the desperate condition of the King of Naples, who meatus to be debating whether he shall fight or fly to Gaeta, Vienna, or Madrid, there is little stirring in the political world of Paris this afternoon. The extraordinary blessing, in this disastrous summer, of a really flue Sunday, has enab!zd many thou sands to go out of town, and a great deal of the wheat in the neighbourhood of Paris has been got iu dry, but the grain is hopelessly shrivelled—what the millers call " troughy"—and the straw is ter ribly mixed with wee& The state of the harvest just around Paris is, however, no criterion of that of France generally, and it appears that there are districts in which the wheat is very good. The Pattie contains the following semi-official " latest news :" A foreign journal announce* that France is about to bring up the garrison of Rome to 15,000 men, and that the Austrian government, after the arrival of Garibaldi in Naplea, will oocapy the Marches and Umbria. We aro autborised to declare that both statements are altogether untrue. The 62nd line regiment is now leaving for Rome, but only to replace another regiment, which is about to return to France. As to Austria, she will confine herself to the defence of her Italian possession*. France will protect the city of Rome, in which the head of the catholic church has his residence, and General launoricire's army, whose effective force is now 30,000 men, seems to be in a condition auflldent to defend the provinces of the pontifical states. The above paragraph, if it really expresses the intentions of the French government—and on such a point, from the way in which things are managed here, there is always a doubt—must be considered very satisfactory. It conveys a contradiction to M. de Larochejaquelin's speech, and implies that France will do even leas for the Pope than I was led to think it would the other day. The paragraph speaks only of Rome, and says nothing of Civita Vecchia. I would not, however, be too sure that France will ever give up her hold in that Mediter ranean port. If sho does, I will repent me, and join in the chorus of praise of the Emperor's " moderation." The Pays also contains a statement which the friends of Italy will road with pleasure : Several foreign journals pretend that M. Parini, when ho went to Savoy, expressed to the Emperor, in the name of his government, a wish that a corps of French troops should be sent to Lombardy as a preesutionary measure in CARO of an Austrian intervention, and that if such an Intervention should be provoked by Oaribaldi French troops might occupy the Marches. Aocording to information which we believe to be certain, M. Farini was not ordered to say anything of the kind. The Opinion Nationale learns from Turin that M. de Carour has refused to seed the 2,000 men (query what 2,000 men) asked fur by Major Tosetti in the name of Garibaldi. This journal, without being at all hostile to Count Cavour, expresses an opinion that ii, as is reported, he expects to prevent Garibaldi front taking Umbria and the Marches he will be hurled from power. The Moniteur of to-day oontains the following telegram : " Sallsochw, Sept. 1. "Their Majesties have arrived here, and have been enthusiastically greeted by ntunerous inha bitants of the mountains scattered in groups along the road. Their Majesties will visit Chaenounix to-morrow." PARIS, S.tTrIDAT Emma. The following canard in the Courrierd,e Dim riche is, to use language suggested by the day (Sept. 1), " exceedingly strong on the wing :" A piers of news, which will surprise nobody, but which shows the sincere and intense solicitude of the English go vernment for the success of Garilaildi's enterprise, is given us with all desirable explanations by our Loudon corre spondent. Mr. Eilein dames, the most illustrious of Eng- N a b a d vo cates, und one ef the °tutors most listened to in the HMIs of Commons, left London the day before jester day far Italy an Sicily—in short, to see Garibaldi. The Marinade Mr. Edwin James does not go out fur the mere purpose of offering the personal encouragement and counsel hinvielf and his friends to the eelebrated dictator ; he will moreover offer thole of the British cal.inet, nisi of L i d l'almerstes mono pertieularlv. In other woad., the eloquent member of parliament is charged with au '• ellictoua " and confidential mission of the most important te. t o Garibaldi. He is commissioned to impress two tun e , upon Garibaldi's mind, and to iednee him to make two first, that England will not, under any circumetsuces, sutler any foreign intervention whatever in Italian affairs, and that the English government, thanks to an understanding with France, has taken all necessary measures to Prv , ..rit any such interveution ; second, that although Ati.ti L. is condemned to remain an impassive spectatress of tle fall of the Neapolitan Bourbons, she will derive from such an attitude immense advantages in cisee of Garibaldi proceed ing to attack Venice. In such an event neither Franc,. nor England would prevent the armies of Francis Joseph from going forward, and Victor Emmanuel, and with him all Italy, would be left 1101J0 to contend with the accumuLted anger and reserved strength of the .tustrian empire. So much for the information which Mr. Edwin James is to convey to Garibakii. The promises which he is to obtain from him are :-1. To confine the war to the Neapolitan territory, and to think of nothing but the re• oigiunsation of the Two Similes ; and 21,d, not to abandon tbo idea of au Italy with Victor Emmanuel Ea- King. Any other combination than that of a mouarchy under the sceptre of the noose of Savoy wouldfatal, and would precipitate the peninsula into a must perilous coui .e, a fact of course leading to destruction. For our own part we. hav ing the utmost confidence in the political calamity et the Hon. Mr. James, consider his mission AS certain of cum. pieta BUCre.. Although Lincoln's-inn may very probalAy laugh at the above paragraph, I must tell you that the careful M. Nefftzes, of the Prase , cites it in his leading oolumn, without a word implying disbelief or even doubt. Should the news not be true, it may be worth your while to contradict it as norm as pee, ruble, for otherwise it will be believed throughout Europe. This was settlement day at the Bourse, and it went off without any remarkable feature. The market is firmer than might be expected, consider : ing the ticklish state of foreign affairs. The Rente left off at 68.25 for cash, and 68.26 for account, with a rise of bc. and 10c. Mobilier fell 1.28. The Northern Railway rose 3.75, but in the other lines there was scarcely any alteration. ANOTHER EXTENSIVE FIRE. The largest fire, as far an super-fide. is con vened, which has occurred for some time, happened yea. terday morning about eight o'clock, on the premises belonging to Messrs. Frost Brothers and Company, ropemakers and hawser-factor, which extended from the Sun Tavern-fields, situate at the bock on the south side of the Blaekwall line, over the distance of half-a. mile longitudinally into the Commercial-road. This fee. tory was the largest in London, and comprised a number of spinning-rooms and costly machinery depute. In about the centre of this length of covered land was the tar-house, in which many hundred barrel, were deposited, whilst a great quantity of hemp and other inflammable articles were crowded *bout the premises. There appeals some doubt as to the exact spot in which the catastrophe originated. One of the officials of the works states that it began at the end of the premises nearest the Commennal-road, whilst another asserts that it originated in the middle of the works nearest the tar-hones. The discovery appears to have been made by a constable, who at once sent off for assistance, and with as little delay as pessible the engines of the parish, nearly a dozen of the London brigade, including the powerful steam - land-engine of Menne. Shan d and 1141•011. of the Blackfriars-road, were on the tpot, under the personal superintendence of Mr. Braidwood. The tire was then running along right and left of the various buildings with great rapidity. A good supply of water having being procured, the engines were put into operation, but with little effect, for the flumes continued to seise upon the surrounding buildings, sod eventually the sight become fearful to behold. Mr. Braidwood, upon seeing the great danger that was apparent from so many extra hundred barrels of tar near the centre arch of the railway, gave immediate orders that the steam engine should be fully worked upon that point.. That expedient was crowned with success, and much property was in consequence saved. The fmme kept to their work, but could not prevent the flames from extending, except to the great stole of extra tar not in the tw -house, and in &short space of time the machinery depart. manta, the twisting, spinning, and store lumen, and the tar ,ompartments hetamo a mass of fire. The damage done is very serious to the machinery departments, and the whole of the winding, spinning, and cording houses are completely levelled with the ground. The storehmses and the tar de. partment are consumed, and the dwelling-houses were seri. ously damaged by fire. At ten o'clock this great fire was not entirely extin guished. The damage done, according to Mr. Superin. tendent Braidwood's report, it will be seen, is considerably greater than above enumerated. The following is the °fiend report : ksii a.m. Sept. 2—A fire broke out in Sun Tavern-fields, property of Frost Brothers, ropemaker4; cause unknown. insured in the Sun ' Phoinix, and other fireeffices. Engines called by telegraph and police. (he. on the premises. Ex. tioguished by firemen, with the aid of the East London Company's water. The injury dune is as follows :—Two buildings of three Boars, used as stores; three build legs of two floors, used as rope stores and offices, and corn. munhxiting, 121) ft. by 50 ft. ; role ground, with spinning lofts over, two floors, 1,200 ft. by 10 ft. ; yarn and capstan house, brick built, Soft, by 30 ft. ; three brick buildings, at North-end, nectlas spinning roomsand machinery depots, destroyed ; brick building, left. by 4 1 1 ft., and machinery, damaged seriously by fire and pert of roof off ; side and back part of dwelling severely mint, and contents damaged by water and removal. Nos. 1,2, and 3, let out in tenements—Back fronts da. ranged by tire, lec. Uninsured. Noe. 1,2, 3, and 4 (opposite). also let out in tenemeate to poor families, beleuguig to Mr. Iliekmore, of the ma.. end-mad—Fronts of premises damaged by tire. Us. insured. . . Nos. 57 to 107, in Cowley-strect, occupied u one of the model lodging-houses, have the hack fionts scorched and the window-glam broken, and the furniture is greatly da maged by removal. Dmit , ..envis Fla' AT CAMDEN-TOWN.-011 Friday night, about half past 8 o'clock, a destructive fire broke out on the premises of Mr. George Payne, tailor and hatter, No. 6, Caniden.broadway, Camden-town, and before an engine could arrive the house was enveloped . in flames, which were not extinguished until the premises were burnt oat, and those of Mr. Alfred Coe, cheesemunger, and other homes, were damaged by fire and water. DESTRUCTIVE STORM AND CI,NPLAORATION.--• Leipzig was visited on the 27th ultimo with a storm, which only lasted a quarter of an hour, but during that time com mitted the greatest havoc. biom e of the 100 [stoma weighed from 2 oz. to 5 oz., cod although they fell at it p.m., en cumbered the streets and roads ou the following day. Every pane of glaze facing the west was instantly broken. Tim trees were stripped of their leaves and fruit. The town museu m lea greatly . suffered, the pictures and prints in the moms even beinginpred. The Napoleon, by be la Roche, haa been damaged in 16 places, the Cromwell in 19, and others more or lees. The printing-house and dwelling of F. A. Brockhaus have their roof. , and other parts severely injured. In the four houses composing the whole establish ment the number of panes destroyed by the hail amounts to 1,328, and iu an outhouse to 565 more. Horses and men have been killed, wagons and carriages although heavily laden overturned, and several children were naming when the report left. On the same day, but 1,01110 hours earlier, another calamity occurred at Gotha, where the castle of Friedenstein was, discovered to be in flames, mid about four o'clock had to be battered down with cannon. The castle contained a church with • vaulted burial-platy for royal persons, a theatre, halls of session fur the bolding of councils, a museum with • library (1900,000 volumes, a cabinet of coins, a collection of pic tures and prints, a cabinet of art, a collection of objects in natural history, a Chinese collection and another of casts from antique statues. it was not known whether the edi lice and its contents were insured or not. ••••••• FATAL BOAT ACCIDINT.-011 Friday afternoon a fatal accident occurred astir the mouth of Portsmouth harbour. The &clerk, it, indruction-brig, miter the mud week's cruise, wee making for her moorings, sailing at the sato of about 4 knot. an hour, with an ebb tale running, when a boat manned by eight seamen was lauded a-head for the purpose of making the hawser fast to the mooring buoy ; but, the operation being tarried oat before the weigh of the scowl had been suffi- Meath stopped, she fell athwart the stem of the Sealark and WAS capsized, her whole crew bent.:, of COUTSC, precipi bitsl into the water. Every effort was morale to rescue the poor fellows, but, unfortunately, two young ordinary sea men, named (belt/era and Dowling, were drowned, and their bodies have not as yet, we believe, been recovered. A CHILD BROWNED IN A PIPKIN.—On Wedneas day last Mr. Swann, coroner, held an inquest at the Four Bells, Woodborough, on the body of a child named Elizabeth Mellon, who was drowned in a veay melancholy manner on the previous day. The demaami was playing iu the garden while its parents were at dinner, when by some means it fell into apipkin full of water, which rested against the side of the house, and was drowned in a few minutes. The father of the child, upon missing her, instituted a search, and to his consternation found her in the pipkin, into which it mi -1 pears she bad fallen whilst ladling union water out. The poor child was at once takes out.. and restoratives were applied, but to no purpose. The child wee in the vessel about seven minutes, and wee pissed four thous during that period by the dietreseod father, who never thought of look ing into the pipkin. The child was seventeen mouths old, end its father is Mr. Samuel d llury tailor.—Nottinpham Juvrnnl. TUE STEPNEY MT:EDE/L.—The detectives em ployed to unravel, if possible, this mysterious reorder, have apparently come to a dead lock, sod up t o a late hour on riatuolav night they had not obtained any clue to the =Pr derer, het they have not given up all hope of bringing him to justice. The police still rentim pootemion of the house, 9, 0r0 „.„ . .d , and uni t .s some blood editions of the n. onlered woman come forward and prove their claim, it is expected that the property will be administered to and claimed on behalf of the crown. On Batman) , evening some information was received at ono of the station-houses of the K divides), and a couple of detectives were despatched, vii C i e Tilbury Evillest-, to a town few niches i ron , ; awl an hoar after a telegraph sta. deceive 1, " id to be found," an the hopes of the police wecc again dibarpointed. r. A, R i It- •aer