The Express. — London, England, 1860-07-23 00:00:00

Che •xpretcfc. Awitiasmode trilZibmi tor “Tbe izie;;;B" London Imam ra" •abbag be AS taw ease. &overtrain* by Two e on the ilay stroblibeibia. MATNANNEE. TEE Emma, HALLOWE'EN. Te lactiono.—THE °VIN LAND RoVVI Mean (1 q OcurApDiOftekaton., C. Mathews. Mrs. C. Mathew —Wl imsosumcy. Mr. sad Mrs. C. listhews.—AAd A AIM IN TNN DAM. ra Twr. 'TICINO.. ROM TILITTRIL—Tbe Pried riaderillr, MILITAIIIK et PILIISIONNAIIL—DOWLIID OUT. Kr. R. AT IS I LIMA N.—Oamisnos at T. 11172ANNLL TUN iirmim TIN MOW AND YEN DLOON.-71e gym MAMMY win dwlV easommad INTINTAUNNINT--ItAl XINT AND A at TM OpiMili_Nua MID the 11111•Min1 Doom —AM OLD MOMS= RAW ON BISIOPOGATI HIGH HAT= AT LONDON =IDOL Tin DAT —Monde& IL la.. ... Atterascs. A. lam Tomozzoir—Yang, ill 01L.... AftEMOOS. IL =EL LONDON, MONDAY, JULY 23. WE publish great news of Say. Our Naples correspondent informs us that King Fastras shrinks from the struggle for his last stronghold in that island. The arrival of MEDICI and a small but heroic army at MeLaw appears to have deter. mined his resolution to withdraw all his forces to the mainland, and accordingly orders have been given for the complete evacuation of Sicily. We are not informed whether the withdrawal of the Bour bon army takes place under a capitula tion, as our latest telegraphic advice, from Sicily mention the warfare se still continued. If the forms of an armistice and a convention an observed, the evacuation of Messina with its ample war materiel must of necessity take many days. If not, Gsaisstni's belligerent rights re main unimpaired, and it will only be for him to consider as a matter of policy whether ho shall quicken by a few rear blows the departure of the enemy. The illustrious General may fairly claim for himself and his troops all the credit of this no oses, notwithstanding the reserve of merit node by the Kum in assigning motives of humanity for the resolution be has taken. The Kola well knows GARIBALDI'S policy, knows that that General will not halt until he has proved whether the Betzson or the Italian cause has most energy in the Sicilian States. His ad visers must have told him that there is no such thing as buying peaceable possession of the conti nent by the surrender of the island. GARIBALDI leads an army too small for conquest. His power depends on the welcome he receives. la a terri tory where he is not wanted he an do nothing. Palermo was given up become the Botrames cause had no root in the soil, and become the sooty had no faith in its deg. GAILIZALDI will no doubt ad vance to the mainland, carrying the touchstone of war. If he should be received by the people and the army as an intruder, his followers are too few to violate the rights of the nation ; but if he should be hailed as &liberator, nothing can save the reigning dynasty. The Neapolitan Government may have judged that the Crown might be more advan tageously defended on the mainland than in Sicily, after what experence has taught of the efficiency and tideliq of its fleet ; but it is difficult to believe that it has surrendered its stronghold from mg higher or lase interested motive. The impending evacuation of Hameln& is a confession of defeat, and a new and great tribute to the strength of the Italian cause. Passers 11. cannot hope that his Sag will ever fly again from the citadel of that town ; he knows that in giving it up he gives it up for ever. General GAILIIIALDeII warlike preparations b* now attained an extent and power which make it improbable he will long remain inactive. We sincerely trust that a spirit of moderation and unity will prevail at Palermo, and permitting the machine of civil Government to work easily, leave him free to prosecute the great task before him. THE proceedings at the meeting of the creditors of Messrs. STREATIZILD, LACHIDICE, and MORTI moRE, the great hide and leather factors, which was held on Friday last, have justly attracted a vast deal of attention in commercial circles. Unless the causes of the convulsion in the leather trade can be distinctly traced and shown to be of an exceptional character, the seeds of distrust which have been sown within the last few weeks, and which are not without an effect upon the dis count market, will not be lightly eradicated. In some respects, however, the disclosures now made have a certain re-assuring tendency. It is difficult to imagine that there exists in this coun try a similar case of • knot of houses solely dependent upon • larger firm, and carrying on an extensive system of paper manufacture for mutual support. On the Ist of January, 1857 only three years and a half ago—Means. STILT FULD and Co. are believed by Mr. Tonnuarin, the accountant, to have been solvent. ♦t that date their paper involvements in easnation with other, houses, which have since risen to the almost in credible sum of nearly 800,0001., amounted to 365,0001., but the whole of the debts due to the firm were believed to be good. This delusion, however, must have been soon dispelled, so far as the private knowledge of the partners was concerned, for it has trans pired that in that same year-1857—the whole of the " profits," put down at 33,9831., were written off against the "bad debt" account. The same course was pursued with regard to nearly the whole of the profits in 1858 and 1859, the respective amounts of which were 39,7921. and 42,830!. Consequently, it would appear that during the three years the firm was enabled to set aside against its bad debts no less a sum than 108,5031. But there is • greet fallacy in all this. Had no addition been made to the involve- ments with the dependent houses•—in other words, had the amount of the bad debts remained eta timers, subject to diminution from year to year as the profits of the house were ap propriated to the purpos►—the case would hate been a simple one, and the partners might fairly have hoped, by • long course of perseverance and self-denial, to themeless. But during liabilities have been L. rapidity. The aaociateu _ them, instead of restricting have been incessantly extending them. the assinutt of the " drafts in semi of Waimea due "—which is a mild business expression for paper not bed upon "value received," or, in other words, "e► omenodation bills," is alleged, it is tree, nee te have exceeded 68,8601. ; but it is perfectly eel duet that the entire system pursued by the &spectated houses was one of mutual assenneadep , tion from first to last. There must have been a vast system of bill-renewing ; and as means TM, short, the purchases of hides and leather effected through the great factors' house in London were hugely extended. Against these transactions bill: were dman by wholesale, and were then " malted," as the cant phrase is, with the aid of the credit of the great firm, in the multifarious channels of discount accommodation which were so long enjoyed. These were the means by which the great factors were enabled frequently to akar the market of a particular article, adding the new supply to the stock already held upon borrowed money, and giving a factitious impulse to prices in the market. The funds of our joint stock banks and discount establishments have been occasionally invested upon the most magnificent scale in those not very attractive articles of com merce--hides. It ie obvious that when this system had once been Melded beyond the limits war ranted by their capital there was no alternative foe MANUS. STIULATTILLD but either to go on with it indefinitely or to hold their hand at once, and stop payment. They preferred the former course, probably entertaining some wild idea that the market for the commodities in which they traded would some day take such a propi tious turn as would enable them and their de pendenta to get out. Meanwhile, whenever the latter fell into straits, the big house must needs help them, for the whole of them were so mixed up together that it was only by leaning against and supporting each other that they could stand. At last the embarrassments of one of the Flavin"' cial houses—that of Messrs. Basra; of Nenb worth—became matter of public notoriety, their bills came back upon Messrs. Eiralaresuo, vague whisperings got about, discounters became suddenly impressed with a tardy caution, and the whole machine was at a standstill. The stoppage of Messrs. firincerrsito was of course instantly followed by that of all their dependents in town and country. The whole of the facts connected with this most remarkable instance of over-trading will no doubt be laid bare to the public eye, through the investi gation which will take place now that Messrs. OVERLID, OMNI; and Co., and other large creditors, have thrown the estate into the Court of Bankruptcy. We cannot but re giud the course which these gentlemen lave adopted a most creditable to them. Cre ditors are rarely anxious to make their private interests subservient to those of the public, or to encounter the slow and searching ordeal of proceedings in Bankruptcy, with all their attendant wspenses. It may appear to some minds harsh to break up entirely a business which for three years past has yielded profits at the rate of 40,0001. a year ; but these profits must have been fallacious, since their realisation was dependent upon a continuance, and even extension, of the trans actions between the great firm and the smaller ones. As long as this system lasted, any profits were little more than nominal ; and with the subsequent stoppage of the minor houses the balk of Mann. STASAYSEILD'S business would natu rally be lost. The institution of proceedings in Bankruptcy will therefore cause no regret on this score. On the other hand, an official inquiry can scarcely fail to produce some useful results of a warning tendency, and to re-assure the public mind, which will not be entirely relieved from anxiety until a flood of light is thrown upon the whale of these transactions. The accounts received during the last week from the Lancashire cotton districts are not favourable. The sales of goods for India, China, the Medi terranean, Germany, and most other markets, as well as for the home trade, have been below the average, and the tendency of prices both as re gards yarns and cloths, is still downwards It is only by making concessions that sellers are able to do business. Meanwhile, the tenor of the letters from India continues discouraging. It is remarked that every day an increase seems to take place in the number of producers whose orders are be coming exhausted, and who, consequently, must tempt buyers by offering to work at lower prices. This condition of the market will probably before long affect employment in some of the rnanufac tuna' g districts. The Liverpool cotton market is fiat and rather lower in price, and the stock at that port, though not so large as it was a few weeks back, amounts to 1,287,100 bales, being nearly double the quan tity held at this date last year. The accounts from America respecting the growing cotton crop continue very favourable, and another large yield is expected. Considering this prospect, our pm sent enormous stock of the article is the more worthy of notice. Some of the other branches of home industry have been favourably influenced by the improve ment in the prospects of the harvest. In the woollen district., caution continues to be occa mimed by the high price of the raw material, but spinners and manufacturers are well employed. In the Midland iron and hardware districts, business is more active than it was a few weeks back, but the slackness of the demand for pig iron Is complained of. At Nottingham the lace trade is better, whilst the hosiery branch remains quiet. At Coventry the strike of the silk-weavers continues. The meeting of creditors of Messrs. Rome FREELAND and BZOTHER, of Manchester, MY held in that town on Tuesday bat, and the balanee sheet submitted has produced an unfavourable int presaion. The result of the estate depends upon that of the oonsigrunents to India, which amount to 509,0001., subject to 441,000/. of liabilities. Taking the comigrunents at east prioea, they ex hibit an apparent surplus of 67,0001., but the result will probably be very different. Them figures afford an idea of the extent to which the export trade is stimulated by the credit system. Nearly the entire amount of the consignments made by this house appears to be represented by paper afloat. Too many of our modern merchants scorn so shabby a consideration as that of adapt ing their business to their capitaL LORD CLTDI.—We understand that the gallant Lord Mde hu received her Majesty's earands to few dews at Oeborne, es a visit to the qhpses sad Consort. The noble auk paint roma b *Wald to leave town to-day far the lab at Wight. St. G TOILOOMII-1211-MAirt. The Ray. S. C. Huard. emote a e et Mery's Berieekentork tol• I ° l ° is ppointed se lllelene et IL Geargerlintlis fee tie abeam el the Paw. Deraa Xisa.—Matikkos eliPp. Mr. St. Yineent oa L e ljd goes from Sonlina Poti, aed vt ia suseerial as ileatioa Mr. Dupuis, arrir ee-Cosaal at *glum fteroooo. The Hoe. The Judge Advpcate-Qeseral had sit sadism", 44/7age Majesty. The dinner party included the Dediespd =AA, lab A. Bruce, the Hon. Nni. Grey, and )le RAL JULY SI • Misr Majesty and the Prince Cowart walked oat yearskja • Prises k sod Princess Lining+ and Prins Wawa d Madenvilled her Majesty on Friday and ringed to hiniernil Primo William of Medea took Ism of her Majesty, PIS. eious to his departure for Gennany. Prins' and 'Printer Leanings; dined with th. Queen yesteedsy. The piety elan ineluded the Duchies d teak Lady A. Bann, Sir Jainee Clark and Dr. Belay. Earl Granville arrived on a visit to her Majesty. Divine 'orrice was perforated at Osborne this morning by the Rev. G. Ateliers Won her Majesty, the Prince Con sort, the Dnehissnal Ilesit, Prime AM* Primus Prince's Lois, Primes Arthur, se id the ladies and gentle. Ina in waiting. Mai amain; dim attended the asevioe. The Durkee GI mbidtio amd the biomes /Lazy visited the Germita 12 . 11 vv. New &nimbi* cm Saturday. to -s Yr. Holum II pigmy al "The lad* the Saviour in the Temple," sad the sow plcitorm by Mlle. Soso %ahem. A Cabinet Council was held on Saturday at the oftleid residence of the First Lord ci the Treasury, in Downing-street. The Ministers pre sent were Viscount Palmerston, the Lord Chancellor, Earl Granville, the Duke of Argyll, Sir G. Coruewell Lewis, Lord John Reasell the Right Hon. Sidney Herbert, Sir Charles Wood, the Chancellor of the Ezaequer, the Duke of So ask, the Right Hon. T. - Milner Gibson, Sir Grey, the Right Hoc. C. P. Villiers, and the Right Hon. Edward Cardwell Their Royal Highnesses the Duke and Duane d'Anmale left Orleans Henn, Twickenham, on Friday attendant, for Ninshent Park, war Oxford, on a visit to Mr. G. G. Renoi', and Fiances Countess Wade pave, who have laving a &Revisited circle to then their royal highnesses. Tie Karl and Countess Spencer left Spencer Home, St. Awn% as Saturday, to pass • few days at Althorpe Hall, Nortbamptouakire. The Comdata of Dalkeith has left Curzon-street as • visit to the Marquis sad Maraktoness of Abettors at Tunbridge Wells. The Countess Cowley and the Ladies Wellesley lett town ea Saturday for the British Botbaaw, Paris The Earl and Countess of Shelburne have left London on a tour in Germany. On Saturday night Lady Palmerston had an anossably at the noble Premier's mansion in Piccadilly. Her ladyship's "reception," which may be considered the last of those hospitable gatherings this season, waa fully and fashimmbly attended. The assembly was preaelied by a beamost, at which the noble viscount sad viscountess ester Mined the following circle :—Hie Excellency Ommt de Per im, his Nieslimay the Marquie d'Araglio, the Earl Cow per, the Earl sad Countess of Shaftesbury and Lady Victoria Ailey, the Ceentess a 1 Cloestarlield and Lady Firetru Stanhope, the Earl sad Countess &MOM Lord sad lady Forester, Lord Otho Fitzgerald, Lord Dunkellin, the Eight Hatt W. Francis Cowper, Mr. and Lady Mary Frier, Mr. hugnetna Paget, The party separated shortly before midnight. Vieconnt and Viscountess Sydney entertained at dinner on Friday evening, at their residers, is Clevelead square, the Earl of Beadwiek, the Earl et llessese, Areet Straelecki, Lord Cranweeth, Lent sad lady Wee, Leidy Aerate Cedopn, Mr. and lady Mary Vries, Mr. and lady Augusta abort, the Meat Hon. W. F. Cowper, M.P., and Mrs. Cowper, the Right Hon. H. T. L. Corry, M.P., Colonel the Hen. Heary Byng, Sir Brook Brydgee, Mr. George Resell, Me e. Lord and Lady Stuart de Decks, accompanied by the Hon. Miss Stuart de Darin and the Baroness Pro chaska. bare arrived at Maur* y's Hotel, flan promosaa Haw" class Watarford. Lard and lady Willoughby de Broke have left town for their seat, Oomptoa Verney, Warojekshire. The Viscountess Stormont gave birth to a son on Friday last, at No. 9, Upper Grosvenor-street. The question of a glass covering for the Royal Eschew, to protect the merchants from the weather, h still receiving attention, and it is believed (says the that the present Lord Mayor and the Gresham Committee are disposed to attend to the subject with more courtesy than was manifested scene years back, when the subject was first discuses& 23 j EVACUATION OF SICILY BY THE ROYAL TROOPS. Olt ISCIUUJIMZ ABD MIT= TIIIMAPIL) (non ous ows, 001111141rnium) NAPLES, JOLT 20. Melam ham been attacked by Garibaldi. In order to avoid civil war the King has ordered the total evacuation of Sicily. 01040 A, JULY 92. Advises received from Sicily elate that Garibaldi left Palermo on the 18th inst., with 5,000 men. Kis destination was unknown. It is repot LA that Garibaldi has disembarked on the Neapobisa eosst. The Kisg of Naples is said to have ordered the complete evacuation of Sicily. It is stated that the Garibaldians had occupied •▪ i t ' ° :IT•A t. ' . :PIZ •••• „i\ % • : •BO op, JULY "S ,V I 1 to have ult . . _.... ~,, , 411 ii,r , '. ~ ',. :., . i t AT TiriTELLIGI ~..► t ut during the ,A . • .- j been growing* s . l II '. '. o ‘." ' cr-z . • ~ - SICILY. emaciated houses, as we may term ''rli . e ', ' . - Ltd • * • s. of restricting their engagement., hinCesi Beatrice sad P* 6oo L"Pold , ' YukseekT SIEGE OF )I:CLAIM°. afternoon. The Hon. Colonel A. Harding," aftetted ea sandy extending than. Th e &MUSA EVACIJATION OF SICILY BY TI BINSON'S W•TO1118. MIMI= cd siimissim.*—lieridag Post. GUM 446 Moses ; Owe Ile piens, Mal We drops be Mr • Ileslnlisd fro= issirlplhe Wm) emilesatioa ink& ow nada W le ail Ml parts et ilro workl.--S3 ard as. laheivira-111/4 L C L SWEET FUMIGATION.—PIME sad MAIMS 1/11110$ al 11104181.-.1/alit tt. lam oat the ter as le wasetterteitip: ' s weer will Antal° the dr meallte b a lift Is. (urea at at& tleeme* Sall.)--teteameq am Bradatiwali_ rIOLOURED YLANNIL BRAT& NJ MI by =WE= M GUDINT, 114 Mimi DOI7DNIT and BONS' Limnos ploy iamb= mei Novook rylmots NI $ • Gym a 101 y 0 11l II notrza i rataziii,:bii . •10.11 ....... s, Bataan beassas ; O. -.4100 VOL SZOONDJAND PIANO/METZ& ak. los • Ism of 1, Or Ned asimsel anselawst irk" ti rrritedmis• 11•0•141,•••• ETON COLLXOE. Election Saturday, according to the Eton calen dar, was to have been Saturday last, and the *cholas were to have taken their departure for the election vacation on Friday next, the 27th inst. This arrangement has however been altered, and the festivities of Election Saturday will not take place until the 28th inst., the school not breaking ap anti] Friday, the 3rd at August, when the whole of the Eton bop, oollegers, and opins, leave fur their rupee live homes. The great rowing match between Eton and Westminster will come off at Putney on the afternoon of the same day. The Eton eight are in fine condition, and in high hopes of success. TUMLINE Must. —The examination for the Ifidlematical Wm, founded by George Tombot, Eau., M.P., Imo this year been conducted by Henry Brandreth, Esq., Fellow of Tri. nity College, Cambridge. The Towline Prizemen of the =t year is Damn, K.B. The Assistant -Master's Priam:lan m Carter, H.S. The following are the select; the namegareplaoedinorder of merit: Gould, 8.5., Bosammet, mi. Puller „ ma., Phillpotta, ma. 8.5., Phill ppoottttaa,, mi. H.S., Marindin, H.S., Butler, Young, m l . KM, Fremantle, Bodkin, Murton, K.S. The Aniatant- Master's Junior Prizemen are u follows : In the Lower Division, Doekin and Collier (equal in merit), the two pa ize insa ; the select in order of merit are Longboume, Shea*, Make. The Lower Boy's Wee it adj utl ed to Elyett, the Mimi in order of merit are Wyatt, Edrl4 mi., and Allen ; ▪ Pakiret, ma., sod Lumen. A Fyn' ItorossrlsA.—Sin Joseph and lady Paxton. yea tibleming Die at their beautiful reeldenee, the Crysid Mace, ou Saturday. The company the DaShan Satherland, the 'Duke and Dashun Cl Amy% • Ilst mad liarchionew of Nornoway, the fisamie Shdloril. the Marquis of Her tingtoa, ' tbr biet sal theilleml Stanhope, the Chancellor of the Ithsigasar and - int Obakee, the Right Hon. Whey Iliabootel:, 'dad - Ira Herbert, Lord John Louisa Oramilish and the Hon. Miss Cleemib• the Mop. Slr leha Pakington, M.P., sad ohms isedenten and Indies. incluiluig many ineinhent Cl pmisit and eminent ached& end literary mss After enjoy* a promenade in the grounds attached is glir Joseph's villa; the company at seam o'clock pro thaded to the north wing of th e Cry^stel Niece, whale an elepot dinner was served, covers being laid for 350 poos. After the banquet a ball was improvised, and at ten o'clock the whole upper range of fountains in the Crystal Palace Gardens were set in motion, and illuminated with various coloured lights, the effect of which upon the falling water wee so singularly beautiful that it cannot be doubted the company will avail themselves of the idea to afford the pub& as opportunity of witnessing an exhibition which sthy fairly be described as one of unparalleled graodeur. MURAL PALLet.—The Bazaar sod Fancy Fair In aid of the lands of the Royal Dramatic College will be osatinued this da , under the aspetiatendence of the earns Wise and gentlemen who attended on Saturday. The MAW@ epode and genes by members at volunteer corps rimefrom kat Mornay) will also be conelnded to has also bees arranged to play the Great Foun tains and whole ser ies of waterworks at half-peat 5 o'clock, as a opinPliMlN to the geatlemen of the Interssrclonal Sta. {laical Congress, who have a dejeuner rin the dining nom of the Palace as a terminatiou to their labor: Vim on TUX lifooniun Franca TO TUT Sub- MAIM TIZSGRAIII CoIIPATT.—His Ho al Highborn Had* Abderhounan, attended by His Said Ma heened U Seemee, the Moorish Ambassador, and Captain Lindh (who interpreted), honoured with • visit, on Rater dap. the *bowies Telegraph Company's central establish. same at alb Threadneedle-street His Excellency the As. t hose o d ds to Stems form tie Emperor of Morocco ales at et 11111 81. 11111111.111.1111611 bureau of the French government inse ie ammerou g by telegraph direct wi th his appal Leaks. AA throated and raped am. vomitus ma ialardiaass Cl compliments took plea, sad am* aelsidebramml was shows when it was explaine d that melt ...._meat iamb is London was itielantansously re. I eroded witiliaa brows intervention directly at the 'Swat Peas. Malin yea also communicated with direct, and the oommtimication bei indentation:me, while the diaries* ottlmdis eonsidsnhle, much surprise tres az premed. The royal pertp am vfiMd the establiebasi et the Leaden District , Telsgma (.emery, mime mime SD peer Lam woe et week, mil awe • maw of the ineillealketither heeleh le limmonl i Wi: :Our re* VIE ye s eleeided spar the Whin et velf.r? fg Ihe Modem et the tbralaw NAPUEL NAPIM, :OLT M. A detachment of the Ro t * Guard having en deavoured to foroe the National Guard to cry out, "Down with the constitution," the latter resisted the attempt. I I The King hat, it is stated, promised that the Royal guard shall be immediately dissolved. MLA. INTERVENTION OF THE GREAT POWERS. The Moniteur of to-day aya: " The proposals made by France with the object of arresting the effusion of blood in Syria, and of I protecting the Christian inhabitants, have been acknowledged by the Great Powers. " England is ready to co-operate with vessels, mid recognises the expediency of sending a oorps &armee, of which France would furnish the whole, or the pester part. "Austria and Russia have given the use opi nion. The Prussian Minister for Foreign Affairs is gone to receive the orders of the Prince Regent on the subject. " A convention is to be signed for determining the character and object of the European interven tion. " The acquiescence of the Porte is now only awited." The Indlpendasice Belle hius the following The French government is making preparations for a gland military expedition into Syria. The greatest activity prevails at Toulon, and orders have been sent by telegraph to hasten the preparation.. The strength of the Stet corps that is to be embarked is estimated at 8,00) to 9,000 me., nensining of 2,000 merlins end a brigade of 0,000 men from the camp of Chelan, vie., three regiments of imfantry, two betterke of artillery, and three squadrons of cavalry. These troops will not be commanded by General 'Tracks, hat by General de Bamford d'llistitpool, strongly recces mended by Prince Napoleon, and to whom a oompeesatien was due for the forced inactivity in which the war of Italy had left him. At that period he was chief of the general staff of the sth cone seat into Tummy, and which was to have operated against Mantua, when the peace of Villa. franca rendered his services needless. The of the arrival of Cleessal Trorhu at MrossilLis is erroneous. That general is oa a tour of in timation at Nantes. However, it is proposed to give him a command, as it is foreseen the operations in Syria will be on a large scale. After the drat despatch of troop., which will take place in a few days, a second will follow as soon as ready. The chief command will be given to Marshal Mac. Mahon. The Morning Pest nays : "We have reason to be lieve that an important telegrun has been received °facially, stating that a treaty °, peace was signed on the 10th inst. be tween the blaronites and the Denies. This event will of ocone obviate at owe the neosnity, es well as the difficul ties, of any foreign intenisation." EXPRESS FROM PARIS. (FROM MI OW PARIS, SUNDAY Evnnita. In order duly to appreciate the paragraph in the Moniteur relative to Syria, it would be very desir able to know whether it is founded upon any other state of facts than that which prompted Lord John Russell's answer to Sir J. Fergussou in the House of Commons so lately as Friday last. This know ledge must necessarily come out very soon. In the meanwhile, hoard the conjecture that notwith standing .he very great diversity between the French and English descriptions, no material oliangein the situation has occurred since Friday evening and this (Sunday) morning. The lan guage of the Monittur is, no doubt, studiously cal culated to justify the exulting tone in which the government journals proclaim that all the powers of Europe follow obsequiously in the wake of the French " initiative." It gives a countenance, as it was meant to do, to M. Grassier de Cassagnac's assertions in the Pays that the expedition to Syria "has commenced ;" that it is the "younger sister of the expedition of Egypt," and that "as in 1798 the soldiers of Italy are about to visit Nazareth and Thabor." This imperial writer goes on to say that as to the ulterior organisation of Syria, public opinion relies' implicitly upon the " prudence of the Emperor," and he is good enough to add, as if conscious of a formal omission, "upon the equity of Europe." But when attentively examined, the note in the Moniker will not be found imam lastest, except in regard to deliberate ambiguity of phrase, with Lord John Russell's statement. It says, indeed, and here we come at once upon the greatest difficulty in the way of reconciling the two othcial statements, that the French propositions have been " accepted "by the great powers. But the French word need, " accueillies," although primarily mean ;. -4( accepted, is susceptible, by • slight stretch of construction, as indicating that the propositions have been entertained, or, as Lord John Russell says, "taken into consideration." At all events, the context of the note in the Moniker repudiates the idea that England has promised definitively and ►t all events to join in or to countenance an armed intervention in Syria. The official journal says indeed that England is "ready" to co-operate with her vessels—and that is just what the English minister for foreign affairs said, but he added that the English admiral would not even go so far as to land marines on the coast, unless " in cue of neoessity. " Again, the Moniteur alludes to a "conven tion," as being necessary to be signed before the in tervention can take place. Herein probably lies the key to the whole matter. England has doubtless said that the civilised world cannot look tamely on if the lives of Christians are not safe in Syria. Hut the "opportunity "of the proposed intervention is, I make no doubt, made contingent to the Eng lish government upon a proper convention with the Porte, and upon the failure of the expedition which Fuad Pacha has undertaken, and which may show by its success that no foreign interference is neces sary. The 'anti ieeeenoe of the Porte, therefore, which the Moniker treats so cavalierly as a thing of course, and to be looked for by return of poet or telegraph, is in all likelihood the very essence of the whole matter. It will not escape observa tion that no answer has yet been given by Prussia, although the Monifeiw, with indecent haste, takes it for granted that because the minister has gone to consult with the Prinos Regent, no objection to the French proposal can possibly be raised. It is I . eengirkib t k all the Moniteur does ii...tiv i si the ' . , inferred e lny t Fre ha nch the troop a s c „ . alidiwre t Precld a l :7:o el f en y on t fee p t li a re e ci p i e r . h e nng onfv: n e ch nr : thiabie is o e en x:pre Pe n di s o d :t iri ? g e na ' t hasuna l y r b i t i s i t ecoth iou 6 l : : : : adds that it will be "ready to start when the time ()Imes." The time, therefore, is not yet, and I ain justified in repeating what I said yesterday, that the whole matter is yet in the phase of nego -1 tuition. The following offensive paragraph appears 4 the latest news of the Pays : : The English Cabinet agrees with the imperial govern dent, but in the of course improbable tame of its having been otherwise, the French government, we are convinced, mhile regretting the difference of opinion with a govern ment placed like oar own at the head of civilisation, would have been inspired only by the gravity of events and the grandeur of the Interests which call for our intervention. PARIS, SATURDAY EVISINO. The telegram from London repea ting Lord J. Russell's answer to Sir J. Fergusson , s question is smarted upon by several journals as ambiguous. After the statement that the French government lad entered into communication with the great powers to consider whether intervention was moue eery in order to assist the Porte in putting an end to the massacres in Syria, this phrase occurs, " no objection was made." The doubt is whether those words were used b Lord J. Russell, or whether the despatch mesflAat no member of the hones made any objection to his statement. It is pretty clear, however, that even if the English minister lid say that there was no objection to " consider ing " the subject proposed by France, he did not announce that the French proposition was at once eccepted. The Courtier du Dimanche thinks itself enabled to state, on the authority of a London correspon dent, what the French proposition was. " The Emperor," it says, "desired a common action with all the powers, not excepting Turkey, but he would not be averse to take upon himself alone the teak which he proposed to Eur op e. He would be very talito interfere in Syria in the name and on the of all the great powers. • IL Thonvenel un dertakes to say that France would look for no other compensation for this service than the grati tude of the Christians of Lebanon towards all Christian Europe." The Pays and the Patric quote the above extraordinary statement " under WI reserve." The Courtier de Faris being of opinion, with the wise and witty author of the " B*low Papers," that the maxim "your country right or wrong " is a highly universal one, has the courage to attempt to stein the torrent of journalistic opinion in Paris in favour of the . proposed intervention in Syria. It cannot share i n the " lyric enthusiasm " of the Hack on the subject. It objects (and this objection ' occurs in almost identical terms in the Courtier du Dimanche) that "we do not yet know the origin of the troubles ; that very many rumours are circu lating on the subject, and that serious accusations are made against exalted parties (not Turks), which ' it would be inconvenient to repeat." The Courtier does not object to doing what is necessary to protect Christians from assassination, but it protests very strongly against the notion that the Turkish empire, for which England and France fought five years ago, is to be suppressed on the sudden in conse quence of the calamities in Syria, and asks whether such a remedy would not be worse than the disease. As the Syrian question transcends every other for the moment, I transmit the following statement from the Opinion Nationak, premising that it is unconfirmed in any other quarter, and does nut tally with my own impressions of the actual state of affairs : The f rench contingent to be sent to the Eat in come , quence of the sad events in the Lebanon, will consist of a brigade from the Chalons camp—say 0,000 men. These troop. will embark on the bit or 2nd of August at latest The commander of this coon is not General Troche, as has ' been stated by mistake, but General Count de Beaufort d'Hautpoul, who appears to have been selected on account of his intimate knowledge of the East, acquired dining a long sojourn in the Levant and in Egypt. It is added that England will furnish an expeditionary form equal to that of France. These twelve thousand meat of the Anglo- French expeditionary cups will be augmented by about 2,0 W marines. It is said, moreover, that all the maritime powers—France, England, Sardinia, and Austria—are at this moment represented by squadrons or vessels on the theatre of recent events, and that the only power which has not yet appeared in the locality is EMS" whose absence under the circumstances gives rise to many remarks. While the Opinion speaks of August Ist or 2nd for the departure of the expedition, Buttier's Car announces that the leading columns r v e rre d ni en b e a e rk from Toulon on Monday next, on board the Tage steamer, and Colbert corvette. Ac cording to this authority it does not matter whether other powers come into the arrangement or not ; France does not require anybody's consent, and the Emperor will send out 30,000 Men. It is said that the Emperor has not yet made up his mind to receive Prince San Cataldo, who has arrived in Paris with an autograph letter from Garibaldi to his Majesty. M. dells Graces, the special Neapolitan envoy, left Paris this day for London. The Bourse opened with much uncertainty, and it was for along time difficult to makes price. Satur day is always a day when many speculators close their acvounts, rather than run the risk of the events which forty-eight hours may bring forth. On this occasion the hesitation was greater than usual. The Bente, after opening at yesterday's price, 68.20, rose to 68.40, then became vary heavy, fell to 68.15, and finally closed with a dull market at 68.20, being a rise of sc. For cash there was a rise of 10c., the last price being 68.35. Mobilier fell sf. Most of the railways were a little better, but the rise was in no instance more than from L 25 to 2.50. The subscription to the new Algerian railways will be opened on Tuesday next. Prince Napoleon is going to Cherbourg to morrow, to invert his new yacht the Canard. Chateaubriand's sister, the Countess de Marigny, whose 100th birthday I noticed some few weeks ago as having made a sensation at Dinan, died at that place on July 17. A Paris letter in the Independance Beige affirms that General Lamoricibre continues to have much trouble with his Irish brigade, that be has lately been obliged to send away 100 more of them, and that he had even shot several. A former batch of discharged Irishmen, 190 in number, arrived lately at Marseilles in a state of great misery. The con sul there had no choice in pursuance of his orders but to treat them as strangers, they having for feited their nationality by taking foreign service with their eyes open, in spite of all warnings. There was a talk at Marseilles of sending some of them over to Algeria as labourers. These giddy sou little thought probably, when the y listened to the brilliant promises of the Pope 's recruiting officers, what a fate awaited them. Their neglect ed condition will doubtless operate as a caution to their countrymen leaved' ITALY. SARDINIA. PION oul owl TURIN, JOLT 18. The Neapolitan Minister of Finance ? Signor Manna, and Baron Winspeare, had an interview yesterday with Count Cavour, and were highly gratified at the courtesy shown to them by the chief of our cabinet. If I am well informed, Cavour told the two envoys, "he heard with great pleasure from their lips the true state of things in the king dom of Naples, and the intentions of their govern ment." Tbetwo envoys had described to him the pre sent state of affairs snood, because a new era o: li berty,titat may be useful to the whole of Italy, is being opened to the Neapolitans. Cavour listened atten tively to this description, and said, " I really am pleased ;" and then he exclaimed, "If so, I rejoice in common with them," • the Neapolitans. The two speakers did not in their amount until they had answered the counts questions as to the confidence of the people and the patriotic senti ments of the army. With respect to the confidence, they said it wan entire on the part of the people, now that they had seen turned out of office the men who down to the last moment had ill-advised the King, and their places taken by un doubted liberals. With respect to the army, they replied that it was well disciplined and obedient to its officers, that when some of these were changed it would be good and devotedly at tached to its country. After this, as I said above, the envoys began to speak for themselves, and beg for the alliance as between two constitutional countries, both of them equally Italian ; but here they were interrupted by a messenger who entered and brought a note to the count . It was a tele graphic despatch ; and without saying a word, after reading it, Cavour banded it to his visitors. It was laconic enough :—" Naples. Collision between the people and the soldiers, because the people cried out Italy for ever. Firing on the people. Dead and wounded. Great agitation. Discontent. Foreigners leaving. Danger of pillage." If a hogshead of cold water had been unexpect edly emptied over the heads of the two poor envoys they could not have been more scared. The con fusion took away their breath. What refutation of their fair story about confidence, content, and har mony could be more eloquent . 1 The count quietly eyed the two unfortunate envoys with the malicious smile which sometimes playa around the lips of the great statesman and disconcerts his ad versaries. But he disdained to take any un fair advantage of his position. Perhaps some of your readers may fancy that the telegram had really arrived some hours before, and that the count merely desired to have the innocent pleasure of producing a dramatic effect. If so they fancy wrong and do the count an injustice. But of course, under the circumstances, the most intrepid diplomatist would have failed to convince the count that he could seriously listen to a project of alliance with the King of Naples, while that king dom is in such a state that no one can say who , commands or who obeys, or what system will be in vogue two months hence, or whether the govern ment has any stability, or even the King himself continues to hold the crown. Victor Emmanuel has been out shooting in the mountains for the last few days. A confidential messenger arrived here yesterday hom Tuscany with orders to deliver a letter of great consequence into the hands of the King wherever he might be. It is both mysterious and urgent, whatever the matter may be. Perhaps it refers to the Princes of Lorraine, to some conspiracy or another, but this is mere guess-work of mine. Count Cavour sent off yesterday to the King the Cavaliere V—, an ordnance officer, who was staying behind at Turin. At 3 o'clock this afternoon Count Cavour re turned the visit of the Neapolitan envoys. It was the moment of the eclipse, but as the poor envoys have had so many eclips. on earth of late, they bad no wish to behold the one in the a cy. The people, however, were all intent on the phenome non, so that the windows and streets were crowded, and smoked bits of glass were in almost every one's hand, but the weather was so unfavourable that only the end of the eclipse could be satisfactorily seen, For the sake of your astronomers, iv:to wish for particulars from all quarters, I may add, that ten-twelfths of the sun's disk was covered. The Sicilian colonel La Masa has arrived here from Palermo, sent by Garibaldi to request help for the Italian cause. As some one else can do his duties in Sicily, La Masa is enabled to serve her at a distance. His appearance is altogether so much in his favour, and hie cause in itself so good, so well calculated to excite sympathy, that his success would be greater perhaps if some of Garibaldi's immediate retainers had not obtained from him power and honours of which they are scarcely worthy. Twelve thousand volunteers, as appears by a cer tain Signor Crescini'a register, have left for Sil o ; about 5,000 more did not pass through his han but went from other places ; and another body o them, four or five thousand strong, will leave before the 22nd inst. Either the effiux will cease soon altogether, or it will suddenly be renewed on a vast scale. The latter probability is very remote, pro vided the principle of non-intervention continues to be respected, as far as the kingdom of the Two Sicilies is concerned. Would that it were also the case elsewhere, for the Pope without foreign assist ance could never have systematically oppressed his subjects in the way that he has for such a long number of years. PORTUGAL (fox ma owl' aniagrosorwr.) LISBON, JOLT 17. The new ministry is now complete and fairly on its trial before the house and country. I wish I could anticipate for it a career more lasting and more beneficial to those whom it professes to govern than that of its predecessor. Unfortunately there is some reason to expect the contrary result, for, with the sole exception of the Minister of Finance, Senor Avila, who possesses a fair amount of talent combined with great u 'orgy, the new ministry oompriaea only men who have either already been weighed in the balance and found wanting, or in whose antecedents there is nothing to encourage the hope that their presence in the government will tend to the amelioration of this long misgoverned country. Nothing, perhaps, Oen give a better idea of the lamentable state into which both politics and poli ticians have here fallen, than what took place at the recent change of ministry. When questioned in the House of Deputies as to the reason for their retirement, the late ministers declared that the smallness of the majorities in the divisions on the new finance measures convinced them that they had forfeited the confidence of the house, and they had therefore placed their resignations in the bands of hie Majesty. This was uo doubt a very constitu tional act, and would be intelligible enough if the sequel wore equally so. Strange, however, to my, their suocemsors, choseu from the front ranks of the opposition, devoted the first day of office to long and eloquent indogituns of the conduct of their predecessors ; and concluded by a declaration that they would adopt as their own, and pass the very measures, which in oppos;iicra they themselves had so firmly resisted. This could only mere in a country like this, where honour and patriotism ere forgotten in aimed universal hunting after place and preferment ; and where the value of dignity and position is calculated by the low standard of pounds, shillings, and pence. The report of the committee ou the reduction of import and export dues has been presented in the House of Deputies, accompanied with a project of law from the government, by which it proposes to carry into immediate effect the suggestions of the , committee. This law, if passed, will effect a very considerable reduction in the dues on most articles imported into Portugal from England, and though very far from establishing a liberal system of duties, would nevertheless be a great step in the right direc tion. At this late season, however, it can scarcely be expected to pass this year, even supposing the government to be sincere in their professions of anxiety that it should immediately pass into law. I fear it will be one of the ninny innocents to be ruthlessly slaughtered at the proximate close of the legislature. The government bill for abolishing the monopoly of the manufacture," as it is styled, and cousequentexportation fro m the Douro of Port wines, is more likely to palm both houses, and receive the royal assent, as the government has given, I under stand, an assurance to this effect to oar minister here. Indeed, the above law owes its origin to an urgent appeal from our own government, and the proposed abolishment of the above monopoly is the compensation asked of and conceded by this country in consideration of the reduction of oar wine duties. The barred is now gathered throughout the country, and may be said to be good, though late and htuivy rains have in some particular districts done considerable damage. The same unseasonable visitation has also recently =laid a very consi derable development of the oidium in the vines, and diminished the great hopes thei. were enter tained that at last we were going to have a good vintage The Tyne, with Brasil mails, arrivod here on the 13th, and sailed the same day for Rio de Janeiro. This is the anniversary of the over-lamented Queen's death last year. The ship of war and