The Sun. — London, England, 1854-06-08 00:00:00

WHITSIIN HOLIDAYS.-ROYAL susREY ZOt)LOGICAL GARDENS.—Ascent in a BALLOON from the Esplanade, in front of the Lake. by the veteran GREEN, tile only ascent here for Eighteen years. Vocal and Instru mental Concert, by Miss Poole, Miss Ransford and Mr. Manvers. An extra Military Band during the day. Extensive and interesting Menagerie, ten Lions, three Elephants, two Tigers, two Giraffes, two Camels, &c. Various novel amusements, concluding with a dis play of Fireworks, gorgeous beyond description. The bombardment of Chusan Exploslon of Fireships, and Balloon ascent at halt•past Six. Concert at Seven. Fireworks quarter to Ten. Doors open from Nine in the morning, Admission to the whole, Is. THEATRE :.OPAL DRURY LANE. Lessee, Mr. E. T. Smith. TIII3 EVENING, Jolts 8, Will be performed FIDELIO. Fidelio, Madame Rudersdorff; Marcelline, Madlle. Sedlazek; Florestan, Herr Reichardt; Don Fernando, Mr. Hamilton Braham ; Don Pizarro, Herr liolzel ; Jacquino, Herr Castelli ; and Rocco, Herr Formes. Followed by the new BALLET DIVERTISSEMENT, entitled UNE FETE EN OLYMPE. Pr" ces—Stalls, 7s; Dress Circle, 55.; Boxes, 3s ; Pit, 25.; Gallery, Is.; and Private Boxes, One, Two, Three and Four Guineas. The Box-office open daily from Ten till Six, where places may be secured. Private Boxes and Stalls to be had of Messrs. Leader and ock, 63, New Bond-street. THEATRE ROYAL HAYMARKET. Under the management of Mr. Backstono. THI3 EVENING, JUNE 8, Will be performed the Drama of THE KNIGHTS OF THE ROUND TABLE. Characters by Messrs. Chippendale, Howe, G. Vandenhoff, W. Farren, Compton, and Buckstone ; Miss Reynolds, Miss E. Grey, and Mrs. Fitzwilliarn. After which, the entirely new and original extravaganza, entitled MR. BUCKSTONE'S VOYAGE ROUND THE GLOBE (LN LEI CESTER-SQUARE), written by J. R. Planche, Esq. ROYAL PRINCESS'S THEATRE, OXFORD-STREET. Under the Management of Mr. Crisams KEAN. THIS EVENING, JUNE 8, Will be performed FROM VILLAGE TO counr. Principal characters by Messrs. Harley , Fisher, and Cathcart ; Misses Mar ray, Heath, and Vivash. Followed by FAUST AND 3 IARGUERIPE. Characters by Messrs. C. Kean and David F isher; Mrs. Winstanley and Miss C. Leclemq. To conclude with A STORM IN A. TEACUP. Principal cha racters by Mr. and Mrs. W. Lacy. LYCEUM THEATRE. Under the management of Madame Vestrts. THIS EVENING, Jusa 8, Will be performed BEFORE BREAKFAST. Characters by Mr. C. Mathews, Messrs. F. Matthews, Swan, and Baker; Miss Wad' ham, &c. Followed by GIVE A DO3 AN ILL NAMIL To conclude with TRYING IT O.T. THEATRE ROYAL ADELPHI. Proprietor, Mr. B. Webster.—Directress, Madame Celeste. THIS EVENING, JUNE 8, Will be performed THE M kRBLE REMIT; or, The Sculptor's Dream. Characters by Messrs. P. Bedford, L. Murray, Ben. Web ster, and C. Selby; Madame Celeste, Miss Woolgar, and Miss E. Harding. After which will be produced the New Extravaganza, entitled A MOVING TALE, supported by Mr. Keeley, and Mrs. Keeley. To conclude with the popular Nautical Drama of the C ABIN BOY. Julien (her original character), Madame Celeste. Tlakets, Places, and Private Boxer to be had at the theatre. ROYAL OLYMPIC THEATRE. Lessee and Manager, Mr. A. Wigan. THIS EVENING, JurrE 8. Will be performed the Comic D-ama called HUSH MONEY. Characters by Messrs. F Robson, Emery. White, and Vincent ; Miss Dormer, and Mrs. A. Wigan. To be followed by THE FIRST NIGHT. Characters by Messrs. Alfred Wigan, Leslie, Franks, Harwood Cooper, and Vincent ; Miss P. Horton, and Miss Wyndham. After which. TILE MUM IfY. Characters by Messrs. H. Wigan, Robson, H. Cooper; Misses Marston and E. Tamer. STRAND THEATRE. Sole Lessee Mr. F. W. Allcroft.—Dixectress, Miss Rebecca Isaacs. THIS EVENING, JUNE 8, Will be performed THE LADY OF LYONS. To be followed by the New Ballet Divertissement, entitled THE SEA NYMPH'S CAVE. To be followed I y THE WATERMAN. After which, THE MARBLE LOVER. Stalls, 55.; Boxes, 35.; Pit, ls. 6d; Gallery, 6d.; Private Boxes, £1 lie. 6d., to be had of Mr. Allcroft, 15, New Bond-street. ASTLEY'S EUROPE'S NATIONAL AMPHITHEATRE. Lessee and Manager, Mr. William Cooke. THIS EVENING, JUNE 8, Will be produced a new Grand Historical Military spectacle, en titled THE COSSACKS ; or, Vive la Francs. Followed by a total change of the Scenes in the CIRCLE. To conclude wi:h a new Grotesque Extravaganza, called THIS HORSE WILL BE SOLD 10 PAY EXPENSES IF NOT CLAIMED WITHIN FOURTEEN DAYS. Box-office open from Eleven till Four. Stage Manager, Mr. W. West. HIGH WATER AT LONDON BRIDGE. TEM DAY —Morning 35 inin.after 11 Itvening 0 min.aft. 0 To•Moaaow—Morning 0 niin.after 12 l Evening 24 miti.aft. 12 THE AVEATHEEL.—Scrs Ovrnm, Juan 8. THERMOMETER, IN THE SHADE. 60 highest since noon yesterday. 51—lowest this morning and during the night. 61—this day, at noon. BAROMETER. 30'14. WIND, N.N.E.—Fresh breeze, with clouds a,ml sunshine. ) A . , 4 )„,11 LONDON, THURSDAY, JUNE 8, 1854. A mere suppression of the revolt in Thessaly, Epirus, and Macedonia would be the infliction of a vengeance altogether as inadequate in regard to the Greek, as the arrangement of a peace upon the proviso of the status quo ante bellum would be in reference to the Russian Government. Un less some sufficient reparation be extorted from King OTHO and the Emperor NICHOLAS, unless those lawless and treacherous sovereigns be com pelled to expiate, in some measure at least, the atrocities by which, through their military and ministerial myrmidons, they have contrived to disturb the tranquillity of Christendom with such deplorable and sanguinary consequences—there will be no security whatever for the future quietude of Europe, and an indelible infamy will be branded upon the otherwise glorious escutcheons of the two great maritime powers at present recognised as the champions of civilisation. On the Ist instant the long-threatened Austrian missive left Vienna for St. Petersburg—an intima tion requiring from the CZAR, in the name of Germany, the immediate withdrawal of his forces beyond the Pruth, the immediate evacuation of the now sufficiently-devastated Danubian Princi palities. It is confidently asserted, moreover, by those who are generally believed to have a sort of demi-official connection with the ABERDEEN Cabi net, that this demand on the part of Austria, in the name of Germany, will be treated by Russia neither with contemptuous silence nor insolent refusal. In other words, it is implied by the semi ministerial organs of the English Government that the AUTOCRAT will concede to the German what he has again and again denied to the Wes tern Powers—that he will speak where he was formerly dumb, that he will consent to proposals , previously rejected, that confronted not only by France and England, but, in addition to these, likewise by the chief states of the Germanic Confe deration, he will sulkily retire within the bounda ries of Bessarabia, after having done all the damage he could, there to recruit the strength of his some what exhausted forces, while occupying the atten tion of his numerous enemies by the renewal of his interrupted and preposterous negotiations. Is all this credible ? Is it conceivable that the States men of France and of England should be so utterly blind to the consequences of any such disgraceful trickery as to consent, under existing circum stances, to an armistice that could only, by possibility, be advantageous to the designs of the enemy's Government Let us avow at once our belief that anything like this is little less than absolutely impossible whil e men o f k nown sagacity and experience still hold within their grasp the reins of administration over the desti nies of France and Great Britain. I t is alto gether incredible that a man of keen penetration like M. DROUYN DE L'Huvs, that a soldier of undoubted bravery like General Varrtarrr, th at a po t en t a te possessing the genius, the dari ng , and the determination, for which the Emperor N A „ .} , O .. LEON 111. is now universally known to be so v ery wonderfully distinguished—it is altogether incre dible that a great ruler, or that eminent states men like these should be so readily duped by any such shallow devices, or any such transparent machinations. It is equally incredible that pro jects so glaringly characterised by the superficial evidences of their duplicity should at the same time succeed in deluding the judgments of a Cabi net of All the Talents of a nation like England— a Ministry numbering amongst its members ad ministrators as skilled as Sir JAMES GRAHAM, patriots as earnest as Lord JOHN RUSSELL, states men as clear-sighted as the Earl of CLARENDON, masters of diplomacy as eminent as Viscount PALMERSTON. Again, we repeat—it is incredible, utterly and altogether incredible. It is incredible that men like those we have just enumerated , should be deceived so very easily by the intrigues of the CZAR—particularly now that they recognise him to be a Prince entirely untrustworthy—and, above all that, knowing him to be such, they behold his forces before their own at this moment in every direction at a disadvantage. Military and I maritime, in the Baltic and in the Euxine, in Asia and in Europe, along the Danube and along the Caucasus—everywhere, at this crisis, the Russian forces are at a disadvantage. The boasted fleets of NICHOLAS are still compelled to skulk for safety under the shelter of the guns of Cronstadt and Sebastopol. His soldiers have been defeated in all directions in Circassian--Redout Kaleh has been bombarded and taken—Anapa has been evacuated. The enormous land-force under GORTSCHA.KOFF has been compelled to retire pre cipitately from Lesser Wallachia to the Dobrud scha. That under PASKIEWITCH has failed to disturb the head-quarters of OMER PACHA at Schumla, and utterly and disgracefully failed to ' make any impression upon the heroic defenders of Silistria. Precisely at this momentous juncture —when the English contingent is at length actually hastening from Scutari towards Varna, and the French contingent from Gallipoli towards Adrianople —we are told to prepare foran armistice between the belligerents, because, forsooth, Russia is about to yield to the demand sent by the Austrian Cabinet, on the Ist of June, from Vienna, that the CZAR should as quickly as possible with draw his troops from the invaded Principalities ! We would here laugh this assertion to scorn as an absurdity, even though the Earl of ABERDEEN, the fast friend for forty years of the Emperor NICHOLAS, still unfortunately maintains his position at the head of her Britannic MAJESTY'S Government. The "Bears" have had another "tight squeeze." They have been obliged to disgorge a considerable portion of the gains accumulated in the commencement of the panic. The fund holders and capitalists have displayed very lau dable firmness, refusing to yield to the intimida tion practised, or to sacrifice their property to their unscrupulous assailants. The fundholders have held firmly on, and few, if any sales, were made, save from imperative necessity ; while capitalists of all classes, from the millionnaire, dealing in tens of thousands, to the small shop keeper or tradesman, drawing for his fifties or hundred, came nobly forward to sustain the national credit to the full extent of their hardly acquired savings. From an early period, many months before the proclamation of war, it was manifest that the " ursine fraternity" had specu lated far beyond their depth—that they had, in fact, completely oversold themselves. The urgent demand for stock just before the settling days, the large " backwardations" allowed, clearly revealed the true state of the market, and proved beyond the possibility of doubt that there was a formid able " rod in pickle" for these reckless speculators. They could not have continued the game so long had it not been for the assistance afforded by some of the large fundholders, chiefly bankers, who, it is said, lent considerable amounts of stock to enable the parties to carry out their projects. The " Old Lady" herself is generally reported to have afforded extraordinary aid to the " friends of Russia," having supplied stock to the extent of many hundreds of thousands, if not millions, of pounds sterling. We have so frequently denounced this suicidal system that it is unnecessary to expatiate at any length on its probable results to the great body of fundholders. The Bank of England is, however, placed in an exceptional position. Although holding an immense amount of Government Securities, it would not in any degree suffer from their depreciation, inasmuch as, even if obliged io sell, there would be an ample equivalent for any temporary loss in the enhanced value of the commodity in which it deals. But the Directors would scarcely resort to " selling " at the depreciated prices. Their operations have been more in the way of " levding" stock to be replaced at some future time, so that they could not be affected by any temporary fluctuations, and if the depreciation were considerable they might become large purchasers, and thereby realise im mense profits. It will thus be seen that it may be the interest of the quasi National Bank to use the gigantic powers and exclusive privileges with which it is entrusted by the Imperial Parliament, not for the support of public credit, not for the benefit of the industrial community, but rather to depreciate the securities to the utmost degree, and to paralyse the exertions of those straining every nerve to discharge their duty to society. These are considerations that cannot be lost sight of when the question of the renewal of the Bank Charter is ventilated in Parliament, a matter which will not, or cannot, be very long deferred. Notwithstanding, however, the extraordinary buoyancy of the funds, the Exchequer Bonds, the favourite security of the Chancellor of the Exchequer, from which so much was anticipated, remain languid and uncalled for ; while Consols move rapidly and decidedly upwards, the Exche quer Bonds remain stationary--.while the funded debt is eagerly sought after, although making due allowance for the dividend, yielding less than 31. Gs. per cent. per annum on the amount in vested, the bonds paying 41. per cent, are pal pably shelved. It is true that they are quoted at a premium of it to f, but it is merely nominal. A purchaser might be obliged to pay at that rate, but vendors could not submit to very considerable reductions if compelled to sell without reserve. We have explained SOME of the causes of this so-called " anomaly." We have pointed out the probable increase in the value of permanent funded securities, that would make the profit during .the next four years very much be yond the four per cent. that could be obtained from London payable in 1858. But t there is another element in the calculation that must not be lost sight of, and which exercises no trivial influence in keeping bonds out of the market. We have already pointed out the diffi culties originally interposed—the notice that no lender would be accepted for less than 1,0001. the uncertainty as to the price that worild be ac cepted—and the payment in Exchequer-bills, or, if in money, at a small premium of ls. per cent. ; the latter provision of no practical utility, but still likely to excite vague apprehensions in inex perienced minds, and to deter the general public from competing for the new securities. Another obstacle has since been created, for which Mr. GLADSTONE is not responsible, but which may probably be traced to the department over which Lord MONTEAGLE presides. In the original con ditions of the loan it was stated that the " bonds" would be issued for sums of 1001., 2001., 5001., and 1,0001. The obvious conclusion was that the parties supposed that they would be permitted to choose their own accounts within these limits. If, as implied by the Ministerial organ, it was in tended " to sink into lower strata " to endeavour to provide a tempting investment for " the smaller accumulations " of the less wealthy classes, the bonds should not be for more than 1001. Indeed, as we recently explained, that even the " lowest denomination" was much too high, and that a great portion of the unequivocal success of the French project arose from its adapting itself to the wants of the community at large, and being issued for so little as ten francs or eight shillings of dividend, or, in round terms, about two hundred francs or eight pounds sterling of capitalised value. These sums were always available for any emergency. They were just as good as savings banks for small capitalists. Eight pounds would not be too much to change, if a man were compelled to realise the value of an investment. But here the issue has been almost exclusively in the larger denominations. The authorities tug/ not subdivide the subscrip tions into suitable amounts ; and therefore the object of attracting small investments must be altogether relinquished. We do not ascribe this latter blunder to Mr. GLADSTONE. It may rather be attributed to the red tapinn and habitual disre gard of the public convenience, exhibited by officials. They will not undertake the slightest degree of additional trouble to accommodate their paymasters--the general public. The evil may not even be occasioned by any deliberate design to prevent these new securities from becoming p o pular. But whatever may be the motive, the effect is but too plainly perceptible. And if Mr. edythe G LADSTO NE desire to give fair play to the bond holders, and tomakethe n a e t w epa sec t u o rit r ies em popular, he will take immediate grievance, and to enablepaferrtiessminatlleerrestedtoex ex change their large bonds denomina tions, without being subjected to vexatious de- THE SUN, LONDON, THURSDAY EVENING, JUNE 8, 1854.. lays, or other obstructions from public servants. In this, as in many matters, they unquestionably "manage those things better in France." And the apophthegm of LAWRENCE_STERNE receives a new and powerful illustration. The most redoubtable of the Ministerial organs, the chief of our morning contemporaries, has to day fallen foul of M. LOUIS KOSSUTH, accusing him of being the advocate, and not only the ad vocate, but, if we understand the Times correctly, an actual agent or emissary of the Russian Go vernment. The accusation comes before the world, we cannot but think, both in regard to the accuser and in reference to the accused, some what ridiculously. The Times, forsooth, of all journals, charging M. KOSSUTH, of all men, with being an advocate, or agent, or emissary- of the Russian Government ! Surely this is turning the tables with a vengeance ! Surely (taking the truth of our contemporary's charge for granted), this is more wonderful than the most marvellous Ovidian metamorphosis ! M. KOSSUTH the champion of the CZAR ? We shall be told next that M. MAZ ZINI is the champion of RADETZKY. That M. ROLLIN is the champion of NAPOLEON. Much reason M. KOSSUTH has, certainly, for undertaking the defence of the cause of the Northern AUTO CRAT ! And a very pretty hand in truth that of the Times to cast this particular pebble of accusa tion against the fair fame of the illustrious chief of the Hungarians. But the clue through all this labyrinth of absurdity, the clue conducting us to the heart of the impeachment, bringing us to the gravamen of the accusation, is the fact that M. KOSSUTH presumed the other day to observe that it would be better for the liberties of Europe that the German Powers should be against us rather than that they should be with us. Hine ill& lachrymee—or rather, hence these singularly incoherent and outrageous vitupera tions. Now, we venture to assert that there is scarcely a journalist in England who could with less reason be accused of a Russian leaning than ourselves. Others, doubtless, have been more eloquent in denouncing the atrocious policy and the infamous proceedings of the Emperor NICHOLAS —.but not one amongst our contemporaries, we are bold to assert, has, in so doing, been more outspoken or more pertinacious. And long ago we ourselves expressed, in the plainest words at our command, precisely the same opinion as that which has been very recently avowed by M. KOSSUTH, and denounced by the Times as having a tendency to wards the championship of the utterly execrable cause of the Russian Government. It is un necessary to add, therefore, that we coincide entirely with the view of European affairs so far taken by M. KOSSUTH, and manfully avowed by his eloquent lips to an assemblage of our provincial fellow-countrymen. We think with him, as we have declared long ago in these columns, that—it were better for the liberties of the world and for the peace of Christendom that the German Powers should, in this struggle between Russia and ourselves, be against us rather than with us. For we have no faith whatever either in Austria or in Prussia—in the fidelity of either the Cabinet of Vienna, or of the Cabinet of Berlin to any engagements with which they might pretend to enter as opposed to the CzAR, or as the allies of France and England. We cannot dis miss from our recollection the damning fact that Austria and Prussia were the accomplices with Russia in carrying out the monstrous partition of the Kingdom of Poland. Neither can we in any way forget that while Prussia retains forcibly in unnatural possession the beautiful Rhenish pro vinces, belonging by right to the French Empire, Austria holds in her despotic grasp the fairest por tion of the Roman peninsula, and tramples under her tyrannous heel the glorious nationality of the heroic Hungarians. Wherefore, we completely coincide with the opinion expressed by M. Kos- SUTH, an opinion already explicitly avowed by ourselves that, if Austria and Prussia in this general war were against rather than with us, it were better ultimately for the liberties of Europe, and better also for the prospect of a permanent peace throughout Christendom. As for the charge of Russian complicity hurled at M. Kossurri by the Times, hurled with a hand at once so insen sate and so blundering—it is a dangerous accusa tion, an accusation that recoils like a boomerang upon our contemporary. LATEST FOREIGN NEWS.' THE WAR. THE SIEGE OF SILISTRIA. According to a telegraphic despatch from Vienna, dated yesterday morning, the Russians have aban doned the idea of taking Silistria by storm, and will continue their efforts to investing and block ading, the place. With respect to the relief of Silistria, it appears that the plan of Marshal St. Arnaud is to detach 24,000 French, 15,000 English, and 30,000 Otto mans of Omer Pasha's army for that service. 35,000 Russians, it is said, are on the right bank of the Danube, employed in investing the place. These 35,000 will be placed between two fires, and will, it is hoped, be driven into the Danube, or made prisoners. Notwithstanding the slight hope of relieving that fortress, it is fully expected that it will be relieved in time, and before the gallant officer who defends it is forced either to surrender or, which is most probable, bury himself and the remnant of the garrison under its ruins. The Danube seems also to be doing its duty against the Russians, as the rising of the waters must have greatly interfered with the operations against the fort. At all events, an important battle will be soon fought near Silistria, which cannot but pro duce a considerable effect on th e cam p a i gn . Th e fleet in the meantime will cruise off the coast to have an eye on Sebastopol and prevent the possi bility of any succour by sea, and also be ready in case of need to promote the success of the opera tions. A letter from Constantinople, under date the 25th ult., says : " Since the interview of the Generals-in-Chief of the English and French troops, the greatest activity has prevailed. As we have been informed that Silistria was invested by 70,000 Russians, and defended by about 15,000 Turks, and that a large breach had been made by the Russians, and that the place could not hold out more than 15 days at the utmost, orders were at once given to remove the head-quarters to Varna. The Marshal immediately sent orders to the first and second divisions to embark without delay for Varna, so that they will pass to-day or to-morrow before Constantinople without stopping. The cavalry and artillery will pro ceed to Varna by land. The English troops are also making their preparations to leave for Varna. A part of them will probably leave to-day, and the rest to-mor row and the day after. Although the artillery has not arrived, yet it is thought that the Marshal will endeavour to succour Silistria, because it is a strategic point of great importance—in fact, one of the keys of the Danube. It is calculated that the task of neutralising the Russian artillery, or rather artillerymen, will be left to the Chasseurs de Vincennes. Nothing has transpired as to what took place at the Con ference of Varna. The English troops burn to come to blows with the Russians. A Wallachian, a friend of mine, has just received a letter from Krajova, of which these are the leading facts Two days before the ar rival of the Turks the Russians sent off to Bucharest the archives and all the papers belonging to the Chancel lerie. They'also took off with them the employ& of all the administrations, the municipality, the members of the tribunals—in a word, the whole of the public function aries, without distinction. They also took off the Doribas (the irregular troops organised on the war footing), and the Wallachian regular troops who happened to be on the spot. They were placed between two batteries of Russian cannon, and the artillerymen had orders to blow those volunteers' to pieces if they made the slightest at tempt to escape. Before they left, the Russians addressed a proclamation to the inhabitants of Krajova, which states in formal and precise terms that alt those who shall accept the smallest employment from the Turks, or who shall aid them in anything whatever, will be shot. Forged proclamations, in the name of Omer Pasha, have also been abundantly circulated by the Rus sians, which state that all the Wallachians who have ren dered the smallest assistance to the Russians will be hanged. You may judge of the consternation that the proclamation, with so agreeable an alternative, has pro duced among the iuhabitantr. The French Chancellerie, which was at Ilermanstadt, has received orders to return to Kraj o va. ' " out of the district around us. Immediately on Lord Raglan's return, the various Generals of Brigade visited him, and received instructions to prepare for active operations. Major Dickson was ordered to return to Varna in the Cyclops, and several transports were detached from the fleet to proceed up to the Black Sea with stores on the evening of the same day. The brigade orders for the Guards were distinguished by a great novelty. They were ordered to appear the following clay on parade without—Muskets ? No. Goatees ? No. Epaulettes ? No. Cartouch-boxes ? No. Boots ? No. In fact, you would never guess it, good Bri tish reader, and least of all could you divine it who belong to our glorious army. Her Majesty's Guards were actually commanded to parade " with out stocks," and to march with unrestricted wind- PiPes• However this great boon of " no stocks" was granted to the Guards to celebrate her Majesty's birth-day, and I am certain that never since they were formed did the regiments give three more ringing thundering cheers than issued from their throats yesterday, when they marched on the ground as erect and upright as ever but not " caught by the throat" as before, to be inspected by Lord Raglan. While talking of orders, I may observe that the eccentric wide-a-wake hats, shoot ing coats, and trousers in which officers delight to appear when enjoying the pleasures of " Mufti," have received a severe snubbing from Sir George Brown ; and he has expressed his dissatisfaction at the officers of the light division going across the water to Pera and Galata in dresses which, he con ceives, would not be tolerated in England. REPRESENTATION OF SOUTHWAI?K. Since the rumour has got abroad as to the in tended elevation of Sir W. Molesworth to the Upper House, attention is naturally turned to the selection of a fit and proper candidate to fill up the vacancy which will thereby be occasioned in the representation of Southwark. We do not know that the names of any candidates have yet been suggested, but there is one gentleman, of well known liberal opinions, and peculiarly qualified to represent the views of the intelligent constituency of that large borough at such a crisis as the present, who might very appropriately be requested to stand in the event of an election. We allude to the gallant Colonel Thompson, to whom, as one of the champions of free trade, the public owes a deep debt of gratitude, and than whom none is better informed, or entertains sounder opinions, in regard to the great struggle now going on against the despotism of the Northern Autocrat. We should be glad to see Colonel Thompson in the field, being satisfied that a more thorough-going reformer, or a more efficient representative will not be found among the public men of the day now out of Parliament. THE TIMES LIFE ASSURANCE AND GUARANTEE COMPANY. From a report, in another column, of the pro ceedings of the annual meeting of this company, held yesterday, it will be seen that both the life assurance and guarantee departments have been attended by very great success. This cannot but be gratifying, not only to the shareholders who are immediately interested in the undertaking, hut also to those of the public who look upon the extension of life assurance and guaranteeship by public com panies, as a boon to society at large. During the past year the increase of the company's life assur ance business has been somewhat extraordinary ; for, while the number of policies issued has been continually and rapidly augmented ever since its formation, six years ago, the premiums receivable on the policies completed in the last twelve months are equal to half of the amount payable on the whole policies previously issued ; and when this is taken in conjunction with the fact that no less than 370 proposals, representin7, an annual income of 2,168/. ' have been declined, while the c l a i ms i n respect of dropped lives are singularly below the regular average, it may safely be said that no similar undertaking can be on a rounder footing. It will also be found that, notwithstanding the attractions which emigration holds out to the class of young men whose honesty is guaranteed by the company, and the temptations which are thus pre sented, of acting dishonestly to their employers, the losses sustained in regard to guarantees are extremely small. Altogether, the report, which we recommend to the perusal of our readers, affords strong evidence of the superiority of the manage ment, and the general efficiency of the working staff of the company. Yesterday the King of Portugal, with his brother, visited the Gallery of the New Society of Painters in Water Colours. The Duke of Portland, after a long and severe indis position, is convalescent. His grace was amongst the personal inquirers after the health of the Duke of Devon shire yesterday at Devonshire House. The Duke of Devonshire was last evening rather bettor, and, according to the bulletin, had passed a good night, and was quite as well as on the preceding day. Her Majesty and the Prince, the Duchesses of Kent and Gloucester, and all the leading aristocracy in town, were amongst the inquirers. We regret to announce the death of General Sir Loftus Otway, C. 8., 84th Regiment, which took place at his residence, in Grosvenor-square, yesterday. Rumour points to the Hon. and Roy. Horace Powys, rector of Warrington, as the new Bishop of Sodor and Man. If this shall prove to be true, it will be the second Tractarian bishop within three months. Verily the Gladstone influence is felt in all Church matters.— Morning Herald. . . _ His Excellency Lord Howden has arrived in Paris from Madrid, en route to London. His lordship's late residence in Hereford-street, Park-lane, has been taken by the Dowager Countess Granville for the season. THE Nrcw MINISTER OF WAIL—His Grace the Duke of Newcastle is to be appointed Secretary of State for the Department of War. The Colonial Department, vacated by the Duke of Newcastle, has been offered to Lord John Russell, and his lordship will signify his acceptance of it, or otherwise, before the meeting of the House of Commons this day,—Morning Pot. CONSTANTINOPLE. A despatch dated Constantinople, May 29, re ceived via Vienna, says no troops have yet been sent to Varna. The bombardment and occupation of Redout Kaleh are confirmed. Anapa was evacuated, and, as is said, 4utais also. REVIEW OF BRITISH TROOPS AT CON- STANTINOPLE. We read in a letter from Constantinople of May 25, that the Anglo-French expeditionary army to the East now numbers 70,000 ; 45,000 French and 5,000 English are at Gallipoli, and 17,000 British are encamped at Scutari. Yesterday being the anniversary of her Majesty's birth day, the whole British force at Scutari was passed in review. A field-day, sham battle, &c., was expected. Lord Raglan, however, had resolved not to fatigue the troops unnecessarily, and it did not take place, to the disappointment of many persons who hurried across the Bosphorus at six o'clock yesterday morning, and took up their sta tion on the heights surrounding the plain. They were, however, well rewarded for their patience in waiting until eleven o'clock, when they were pre sented with the magnificent sight of 17,000 British troops in review. A more splendid body of men was never assembled. The ground upon which the British army at Scutari is encamped (three regiments occupy the barracks) is au undulating green tract of land, some six milesin circumference. It can scarcely be called a plain. Towards the middle there is a dip, leaving a flat meadow about half a mile in breadth between the two heights on which the troops have pit c h e d th e i r t ents. The line, Highlanders, and Rifles occupy the rising ground on this side of the little valley ; whilst the three regiments of Scots Fusilier and Coldstream Guards were encamped on the gently rising hill opposite. The Guards were the first to be seen moving. In less than five minutes they had descended the hill, and were drawn out in a line at its foot. In the meanwhile the bulk of the army had gathered toge ther, and were forming column at the summit of the opposite height. The Guards spread round to the right and left, crossing the little stream that runs through the centre of the green field, and is furnished with a bridge at each extremity. They met this side of the stream, and drew up in a line to the right ; the rest of the army marched down the hill, and the whole force spread across the ground in one compact body, regiments side by side, the Rifles occupying the extreme left. This body of troops filled the whole space across, and were obliged to bend upwards in a curve to the left, where the Rifles were stationed. A de tachment of field artillery filled the centre. The bands of each regiment struck up " God save the Queen,"'and three thrilling cheers were given, which filled the air, and sank deep into the hearts of the bystanders. His Royal Highness the Duke of Cambridge, Lord Raglan, a considerable num ber of French staff officers, Lord Cardigan, who has just arrived, and a number of British ttrhooonps off s m en a t ;ch a e n d d u p p as th s e ed va t l h le e y, r g o e v n i e e r w a . ls w T e h r e e y present, to left and right, returned quietly to their several encampments, and might five minutes afterwards be seen lounging in undress, and reposing from an hour's exposure to the broiling eastern sun. The troops are in splendid condition, and look hale and hearty—in fact, as if they could do anything. There was no firing. REFORMS IN THE EXPEDITIONARY' ARMY. The following is extracted from a letter dated Scutari, May 25 :—On Tuesday last Lord Raglan returned to Varna, but nothing was allowed to transpire respecting his visit to Schumla, or as to the plans which had been concerted by the Council of War. They sat two days with closed doors, and it will be seen that there was some show of reason on my aide, when I ventured to argue that Omer Pasha would insist on his favourite sugges tion for the occupation of Varna by our armies. As the letter, in which I briefly pointed out the importance of that port as a central position for the concentration of the French and English forces, was sent some days ago, I need not now repeat what I then said, but, no doubt, events will prove that Varna is highly suitable for such an object, and for a point from which active operations can be at once com menced. Rumour has it that Lord Raglan, and the Generals (Tylden, Cator, Lord Lucan, kc.),, and others who accompanied them, had rather a rough but eminently practical experience of what is to be expected in the district, unless the Commissariat be well attended to ; and I have been informed (and give it just as it was stated to me) that on their way to Varna Lord Raglan and his staff had to travel for more than 12 hours (how many more than 12 I am afraid to state) without a morsel of food. Whet the Commissariat are doing now I cannot say, btt it is evident that they will have a very hard task to perform at Varna in provisioning so large an aril) , in a country which is cut off from the feeding ground of the Dobrudscha by the Russians on the one hand, and which is drained by the exigencies of the masses of Turks concentrated near Schumla, on the other. It is to be hoped they have made good and effectual preparation for the force, and that they will not be taken quite by Sur prise. Therein no beef to be had even at Scutari just now, but the supply of mutton and lamb is sufficient, an about 800 head of sheep and lambs are slaughtered every day at the shambles of Scu tari for the army. It is said they eat as much meat as ten times their number of Turks, but it must not be forgotten that the latter have very liberal rations, in the way of butter and rice for pilaff. The consumption of lamb is so great that fears are expressed lest the very breed of sheep be eaten up • THE AUSTRIAN ULTIMATUM. The local Austrian journals contain the following stereotype notice of the Austrian n o t e t o Si'. Petersburg : " The note, with the summons to the St. Peters burg Cabinet to evacuate the principalities, was despatched from hence to St. Petersburg on Friday morning. In this important document, Austria, in the consciousness of her own strength, assumes an independent position, irrespective of the Austro- Prussian treaty. Taking her stand upon the old treaties, Austria once more reverts to the question of the occupation of the principalities, from this point of view ; discusses the danger which it must be expected will more and more increase, the longer the occupation of the Turkish provinces be protracted ; explains why this occupation, under present circumstances, cannot any longer be tole rated ; and concludes with the declaration that it has now become inevitably necessary to demand of Russia to fix a period within which the evacuation of the Danubian principalities, and such other parts of the Turkish territory as are at present occupied, shall be effected. The liberties recently granted by the Sultan to the Christians are also dwelt upon. It is said that a similar note from Prussia is on the road to St. Petersburg." Public opinion, says a Vienna letter, is rather di vided in its conjectures as to the probable answer of the Czar to this Austrian note. The Lloyd thinks that there is no difficulty in arriving at a safe opi nion hereon. "Russia will surely not evacuate the Danubian principalities as long as the Sublime Porte, in conjunction with the Western Powers, is nut willing to combine with this retrograde move ment some definite treaty of peace." Be this as it may, it amounts to little more than idle and use less speculation to attempt to anticipate the resolves at St. Petersburg. Tile diplomatic blunders of Russia have become so proverbial throughout the present complications, that we may well defy any man to form a safe estimate of the future policy of the Czar and his advisers. One thing, however, is certain—the young and gifted Emperor of Austria will never be entrapped by the wiles of his accom plished confrere. We now, therefore, have nu ap prehension on the score of Austria. A LETTER FROM THE RUSSIAN CAMP. The following letter from the Vienna Iktedica Journal, is from the Russian camp : It was said that the difficulties and troubles under which we have all along laboured in respect to lodging and provisions would be at an end in spring ; the season and our progress on the right bank of the river were to remedy all evils. Unfortunately, little or nothing is changed ! I informed you that we were obliged to carry even hay and water, pails and bottles into the Dobrudscha, and that the returning trains brought across crowds of sick and wounded, of whom one-third died. What was said then applies now ; all the hospitals and infirmaries on the right bank of the river are over-filled, and ague, catarrhal affections, rheumatism, dysentry, scurvy, and hospital mortification,' rage so terribly that it is a question whether more of our brave fellows fell victims to the sword or to disease. From Tultscba up to Hirsova, from Basardshik up to Chernavoda, there is not a single station which is not crowded with sick and wounded, waiting to be transported across the river--or to their last homes. The want of drinkable water and the pier cingly cold nights produce such a pernicious effect that all the care of our Commissarist, which is this time well arranged, is of no avail. The long fasts which took place just before the army crossed the river had exhausted the soldiers, who had already been weakened by forced marches, miserable winter quarters, and overfilled stations. Still these troops display the most remarkable courage, and it is not the fault of the common soldiers if Rassova and Silistria have until now been bombarded and stormed in vain. The wounds of the men, almost all dangerous, are inflicted by the musket or the sword, and on the front of the body. Most of the men lost in the various expeditions are drowned, as we are in great want of good vessels and men to man them. How many brave fellows have found their death in the river or in the bogs during our nocturnal enterprises 1 Between Bucharest, Budeschti, Slabosids, Kikinez, Odaja, and Braila—Braila andVezirkoi, Martinetschti, Golatschau—and Braila and Fokschan—there are 23 larger or smaller hospitals. Along the line from Fokschan to Jassy, the sick, wounded, and those men who for the moment are incapable of service, are transported. The consignment of provisions to the right bank of the river (to the Dobrudscha) still takes place from Braila. In consequence of the retreat of the troops from the Schyl and the Aluta, the prices of provisions are three times as high as they were formerly, and some articles, such as fowls and eggs, are not to be had at all. In Braila and Galatz, which are the great depots, there are, however, vast stores of salted meat of all kinds, bread, flour, cheese, and salt fish. By the foreign papers, which we now and then get with parts cut out, we often learn things; which are occurring in:our imme diate neighbourhood. As I wrote you in December last., the passage of the river at Silistria and Rust chuk will be forced, cost what it may. The great masses of troops sent to Kalarasch, Oltenitza, and Giurgevo, and the uninterrupted reinforcements going from Reni and Fokschan, leave no doubt as to the resolve to go forwards; but the precautionary measures, noticed in my last letter, forwarded about three weeks since, prove that the line of retreat has been cared for. Since the 'Job's news' from the Black Sea has reached us, we feel ourselves more and more isolated, and it is evident that the whole population is more averse to us since the retreat from Little Wallachia, and our fruitless attempts on Silistria have become known, and rumours of the mighty succour which the enemy is about to receive have been in circulation. Finally the pitched battles' of which your papers speak, as having been fought in the Dobrudscha and at Trajan's Wall, were nothing but sanguinary skirmishes. Thou sands fell in-the attacks on the fortified places and in the continual landings" THE COAST OF CIRCASSIA. The following is from the special correspondent of the Morning Chronicle : "On board H.M.S. —, Ghelmiik Bay, May 14. "After the Niger left us last Monday, we remained hove to in a fog all day, but went on again slowly in the night ; and early on Wednesday morning, the fog suddenly lifting off showed us right ahead the white cliffs of Anapa. A na p a f rom t h e sea seems a miserable enough place, built on a cliff at the southernmost point of the bay. The prin cipal defences face the sea, and the batteries, from their advantageous position on high cliffs, might prove very troublesome to ships. We were fa voured by a salute of shot and shell, but as we were quite out of range we took no notice of it. Towards the bay the ground gradually slopes down to the sea level, the cliffs disappearing ; and here we saw a Rus sian camp, near which some 7,000 or 8,000 men were drawn up. With such a garrison, even though our ships silenced the b a tt er i es , they might laugh at us still, unless we had on b oar d troop : to land. After remaining off Anapa just long enough to reconnoitre the place, we continued our route, running along the coast about a mile and a half from the shore. A t Anapa prope r ly b eg i ns t h e c h a i n o f th e Cauca sian mountains, and from the main chain shoot off to wards the sea a series of parallel ridges, gradually in creasing in size, and very remarkable for the sharpness of their angles. These ridges all cut almost perpen dicularly when they reach the sea, showing the upheaved strata of sand which compose them, and give the coast a most novel and peculiar appearance. We were run ning quietly along, when suddenly the look-out at the mast-head reports, first one, and shortly after two more strange sail ahead of us ; and immediately the Sampson, Retribution, and Highfiyer are sent in chase, and we ourselves prepare to follow them at full speed. For the next hour or so the poop is coveted by a crowd of officers, all anxiously trying to make out the strangers as they draw nearer and grow in the horizon ; and as the hope of their being Russian increases, the excitement also becomes greater. The Sampson s chase turned out to be merely a coasting boat (Russian) coming from Trebizond and Redout-Kaleh, and which had just sailed that morning from Soujak, the first Russian port below Anapa. Although small, she had a prodigious cargo, and seventeen people on board—some passengers ; one of these was a deco rated Russian soldier, who bad charge of a quantity of soldiers' great-coats, hospital stores, and red and grey cloth, which he was conveying to Kertch ; so that there was no doubt the boat was a good prize. The two other sail turned out to be Greek brigs, full of Russian soldiers. They bad been chartered at Kertch, to go to Soujak•Kaleli, and embark troops for Kertch, and had on board about 166 soldiers, all (-:reeAs, from the mill tart' colony of Balaclava, with some 200 hick and wounded, women, and children. Besides a great quan tity of powder, cartridge, muskets, iSto., each of them bad a Cossack gun-boat, with two little guns in it, in tow. The capture of ail these people was not a bad day's work ; and, moreover, we obtained from them a deal of valuable information. I mentioned to you in my last, the admiral's intention of attacking Ghelengik by sea, and concerting at the same time a combined attack on land by the Circassians. We now learned that the Russians had abandoned and destroyed Ghelengik about a month ago—so all -our nicely combined plans fell to the ground. The Russians had given up and destroyed everything on the Circassian coast, ex cept Anapa and Soujak-Kaleh. The garrison and guns of the other places have been thrown into these two, and cur prisoners say that for the last three months they have been working unceasingly to make these two places as strong as possible, and that they are determined to defend them to the last drop of their blood. A good road exists between Anapa and Soujak- Kaleh ; it has been cleared completely for two miles and a half on each side • and at only one point about half-way, where there is a Russian post, is it at all difficult. They are sometimes bothered by the Circassians at this point, but even here, they say that 500 men and one gun can always make their way good even against 4,000 or 5,000 mountaineers. There are about 20,000 men of all arms between these two places. Soujak-Kaleh is situated almost at the top of a deep bay. opening to the south-west. As soon as we appeared near the mouth, an alarm post fired rockets and guns to warn the garrison that an enemy was near. We stood into the bay to reconnoitre ; we saw the hills to the south side covered with groups of Circassians, running to and fro, apparently very excited at our appearance some near the shore waved their caps to us. At the top of the bay is a block house, to protect a watering-place; round this there were numbers of Circassians ; and now and then the Russians fired a shell into them, from what we learnt were small brass mortars. The principal fort, Soujak-Kaleh, or Novo-Russiski, is near the top of the bay on the 'north side, round a small bay formed by the projection of a point of land. On this point is situated the principal battery, flanking it on both sides. There are two more batteries besides, higher up, and some mortars. Many of the works seem quite new. We did not go very far in the bay, as we were afraid of not finding enough water, but continued our route for Ghelengik, where we arrived shortly before sunset. It had been the admiral's intention to concert with the Circassians here for an attack upon Ghelengik : but as this was now unnecessary. the question of attacking Soujak presented isself ;- and Ismail Bey, a Circassian, deputed to accom pany Captain Brock to Circassia, and myself, were ordered to go on shore, to make arrangements for communicating with some of their chiefs. The admiral did not intend going into the bay, so Ismail Bey and myself went on board the Sampson, which took us into the bay, and sent us on shore in a boat. The sun was fast going down as we arrived at the wooden pier left by the Russians. A signal-gun had been fired to warn the Circassians of our approach, and here we found some thirty or forty of them, mostly armed, waiting for our arrival. They belonged to the poorer class of herds, were half naked, being but partially covered by a tat tered coat of brown flannel, with sheepskin cloaks on their shoulders. It would be impossible, I fancy, to fall in with a more savage-lookingrace—their dishevelled beard, fur caps, and sinewy limbs, seen through their tatters, all contributing to give them the wildest appearance. We were handed out of our boat in great silence, and then an elderly man stepped out, and, taking Ismail Bey by the hand, bade us follow. We were totally unarmed, and I must say that at first I scarcely liked being at the mercy of so many wild-look ing beings, but very soon all apprehension vanished. We were led to what had been a 6-gun earthen bat tery ; and here, on one of the merlins, some cloaks were spread out and we sat down, and the Circassians stood round us eager to hear what tidings we could give them. It would have been a picturesque group for an artist, that which surrounded us ; and the Russian ruins all round added to the interest of the scene. The destruction of Ghelengik had been complete. The governor's house, the hospital, the barracks, had al been handsome buildings, but not a stone remained on a stone. It seems that they had been covered with shell, and straw placed over the shell. On the moment of leaving the straw was set fire to, and I assure you it had done its work pretty well. It must have been a strong determination which made the Emperor give up at once a work which had cost so much treasure and men, for every stone almost here was brought from Kertch. We have now been here since Tuesday night, but we have not hitherto been able to see many Circassians of note. Their villages are at some dis tance in the interior; and perhaps a doubt exists in their minds whether we really mean to make any sacrifice towards securing them their independence, or simply to use them as tools fur carrying out our hostilities against Russia, abandoning them again when it will become inconvenient to support them. But we have not yet, I believe, had time for form ing any correct judgment, as we have not had com munication with the principal man on this side of the Caucasus—Mahommed Emir Bey, the lieutenant of Schamil Bey. On Wednesday afternoon the ad miral and captains, both English and French, went back to Soujak. The prisoners that were sick, the women and children, and the non-military were a great and unnecessary burden. The admiral decided that he would give themback to the governor of Soujak, and this would give an opportunity of once m ore recon noitring the place. They were consequently all bun dled into the Sampson (nearly 200) ; and a most miser able sight it was to see these unfortunate wretches ciaw liug up the accommodation ladder on the deck—the very picture of suffering. The women, too, as they sat huddled together, certainly did not give a very flattering opinion of the sex—Russian at least—in Circassia. One of these unfortunate creatures had been delivered, while she was a prisoner, on board a transport wherethere was scarcely sitting-room for the people crowded in her. This was the first time I sawso closely the horrors caused by war, and surely the reality is worse than the most exag gerated description. We went into the bay with a flag of truce flying, but did not go in much further than we did the first time. All these creatures, with their personal baggage, were huddled into the boat taken the day before by the transport, and into one of the gunboats, and then they were cast away from the steamer. There was a light breeze, which took them straight towards the town ; and the governor, doubtless unable to ma k e out what was coming in to im, had sent a boat out to meet them. When he learnt the nature of the present sent to him, was he grateful ? All the prisoners were very kindly treated, as you may suppose. The re maining 175 or so sound soldiers have been divided between our ship and the Charlemagne, their officers messing in the ward-room. The sailors say that they never got so much to eat before in their lives. One of their officers dined with us at the admiral's table yesterday. Although this second visit to Soujak showed us pretty well what the place was made of, Mr. Stanton, on Thursday, went with a party of Circassians to reconnoitre the place by land, and got within two miles of it. There would be a probability of silencing the batteries, perhaps even with the squadron here (Agamemnon, Sampson, Highflyer, Retribution, Charlemagne, and Mogador) ; but what object would be gained it the garrison were not cut off from the rear ? Aud it does not seem likely that any Circassians will be capable of doing this." Letters from the Black Sea state that the Rus sian garrisons of Tonap and Anakria, on the Abas sian coast, having evacuated those forts, and"being on their march to join the centre of the Russian army of the Caucasus, were encountered by a body of Circassians and cut to pieces. GREECE. According tp a despatch from Athens of the 29th of May, the Greeks have gained a victory over the Turks in Thessaly. Three generals - and 700 Turks remained on the field, and the victors took five guns, seven stand ards, 600 prisoners, and a sum of money. It has been rumoured in Paris that M. Mavro cordato, the Greek Minister there, and whose name has figured at the head of the new Cabinet of King Otho, had left for Athens. This is not the case ; M. Mavrocordato is still in Paris, and nothing positive is known as to the day of his departure. It would, no doubt, be of the greatest advantage to the country if so distinguished a patriot and so up right a man as M. Mavrocordato would undertake the task of forming the new Ministry ; but, as yet, there is reason to believe that nothing has been decided on that head. Private letters from Athens dwell on the difficulties in the way of any one de termined to do his duty by the country forming a Cabinet. It is, of course, indispensable that he should have the unlimited confidence of the Kin g and the Chambers, but especially of the Kitio.. Now, it is not so certain that a Ministry formal under such circumstances as the present will find itself so completely supported by the Throne as to carry out its policy of neutrality with any good chance of success, and before such a man as is now wanted can undertake the office such security must be given. Without the confidence of the King, it is in vain to expect that of the Chambers, and even with it it is not so certain that the deputies would support him. The Chamber is prorogued, but not dissolved ; and what is very probable, in case its dissolution should become necessary, the present moment is the most unpropitious that could be selected for new elections. No change of Cabinet will be of advantage, unless the King g ives his full confidence and his h ear ty support to it. The Cabi net already spoken of is, perhaps, the best that could be formed, but even it will be powerless for good, without the full confidence of the King. For the restoration of tranquillity on the frontier and in the disturbed districts no fitter person could be selected than General Church, who is popular with all parties, and who is known to be as just and moderate as he is firm. His influence is very great over the army, and, as he is a man in whom every confidence can be placed by the patriots, his co-ope ration in the new Cabinet would be most valuable. So far as M. Mavrocordato is concerned, he has certainly not left Paris, nor is it certain when he will leave. The next mail from the Levant will, in all probability, go far to decide the question of his acceptance of office. SPAIN. The Madrid journals of the Ist have arrived. The Hera!do declares that rumours which had been spread the day before, that the Black War rior affair would lead to war with the United States, were false, and that the Government had no ream to fear the results which the affair was likely t.e have. La r d H ow d eu had taken leave of the Mi nister of Foreign Affairs, previous to his departure for England, and had presented Mr. Otway, the first secretary of the legation, as charge d'affaires, during his absence. The Clamor Fublico had been seized for the publication of an article offen sive to the Government. The Queen was to leave for La Granja on the 20th ; her Majesty was to be accompanied by the President of the Council. The company of the railway from Barcelona to Mater° is establishing a line of electric telegraph between the two towns. A letter from Madrid of the 1 4 says :—" In a very short time the provincial sub scription for the payment in advance of half year's taxes will be closed. The Minister of Fi nance is negotiating with the Bank of San Fer nando an arrangement for obtaining the funds ne cessary for the payment of the next half year's dividends." A letter from a Ministerial source, says :—" Th e governors of provinces announce that everywhere the populations are anxious to advance the half year's taxes demanded by the Government. The Opposition has done all in its power to embarrass the projects of the Ministry in this affair. There are even unfort una t e prov i nces li ke Galicia, in which the Qtovernment will find the advance with: out much difficulty. The rich province of Cadiz is of opinion that it might have asked for the advance of a year's instead of six months' taxes." FR A_NCE. At the time of going to press the Paris papers of yesterday had not arrived. We learn by telegraph that the ltioniteur of this morning confirms the announce - aient made yester day of the change in the Turkish Cabinet, - adding that it has no political importance. It also announces that tl new Greek Ministry has taken the oaths, and that its acts are such a s to give the Porte complete satisfaction. Epirus is now pacified, but the intelligence from Thessaly is not so encouraging for the Turkish cause. The Emperor has received replies from the Grand Duke of Saxe Weimar to the letters of recall of Baron de Talleyrand, and to the letters of cre dence of the Marquis de Ferriere-le-Vayer. The Sentinelle of Toulon states that the greatest activity prevails in the dockyard of that pert. All additional number of men have been set to . work, in order to have the Navarin ready for launching by the 10th inst. Every exertion is also being made to complete the Fleurus, and also the repairs of the Souverain. These three vessels are screw line-of-battle ships, and form part of the squadron of reserve which the Minister of Marine has or dered to be ready for sea within the next four months at the latest. Supplies of stores are every day arriving at the arsenal. The Jean-Bart, line of-battle ship, has hauled out of the dock, where she has been repairing, and has begun to take her guns on board. Tho embarkation of troops for the Levant is about to be resumed at Toulon, it would appear, with renewed activity. The journals of that port speak of the departure of several corps of cavalry. Saturday last the Montezuma steam-frigate was t? have taken on board 1,000 men of the 28th regi ment of the line and forty horses. In addition, 3 vast amount of stores is being collected at Toulon, and the warehouses of the navy are literally en cumbered. " These measures of preparation," says the Sentinelle, " lead to the belief that it is intended to urge the war in the East most actively, and with a far greater amount of troops than was at first in tended. Measures have also been taken that the Navarin, now in construction at the Mourillon, shall be launched on the 10th. Additional work men have been set on for that purpose." The organisation of the Imperial Guard will be terminated, it is said, by the end of July, so that it can be passed in review on the 15th of A u gust. There is sonic idea, it is said, to incorporate with it a corps of Arab cavalry. The itioniteur publishes the comparative returns of the trade and navigation of France with her colonies and foreign powers in 1851, 1852, and 1853. The imports in 1853 amounted to 1,630,600,000 f. In 1851 they had been 1,157,700,000 f., and ia 1852, 1,438,200,000 f. The shipping employed numbered . 20,779 vessels, measuring 2,750,69 9 tons, viz. -9,210 French vessels, carrying 1,065,681 tons; hnd 11,569 foreign, 1,685,011 tons• The imports by sea amounted to 1,028,400,000 f. ; and byland to 602,200,000 f.--in all 1,630,600,060 f. The exports in 1853 were 1,866, 800,000 f. They had been in 1851, 1,629,700,000 f. ; and in 1852, 1,681,500,000 f. The shipping employed in 1853, consisted of 15,481 vessels, measuring 1,854,665 tons, viz. -6,625 French vessels, carrying 796,350 tons ; and 8,856 foreign, 1,058,315 tons. The ex ports by sea amounted to 1,488,600,000 f. ; and by land to 378,200,000 L—in all, 1,866,800,000 f. INDIA AND CHINA M AILS, (By Submarine and European Telegraph.) The steamer Calcutta arrived at Trieste on the 7th, at half-past 10 a.m., in 102 hours from Alex andria, which she left on the 2d of June. The India mail has been waiting at Alexandria since the 30th of May. It brings advices from Calcutta to the Ist of May, Madras the sth of Mayt, Shanghai the 14th o f A pr il , C anton, the 20th o f April, Hong Kong the 22d of April, and Bombay the 10th of May. Affairs in Burmah are satisfactory. The Imperialists have been driven from Shang hai by Europeans, assisted by the rebel army. Exchange at Calcutta, n; Shanghai, 6.3 ; Can ton, 5.3. AMERICA. ARRIVAL OF THE ATLANTIC. - - The Atlantic arrived at Liverpool yesterday evening with dates from New York to the 27th ult., and $400,000. The City of Manchester has arrived at Phila delphia, and the America at Boston. The news is important. The Nebraska Bill had passed the Senate, but nothing of moment had transpired in Congress. It was reported that an overture had been submitted, proposing a neW commercial treaty between Russia and the United States, of a highly advantageous nature to the latter. Havannah advices of the 22d state that the Cap tain-General had given several fetes to the officers of the French squadron. The emancipation movement was creating un easiness. Business was dull. Freights unchanged and vessels plentiful. Exchange on Lo n d on, 912 to 1012 premium. Bermuda advices state that the Legislature was to have been opened on the 23d. Lord Elgin had arrived at Washington. Immense excitement prevailed at Boston on the 26th, on account of the arrest of a fugitive slave. The milit ary were called out, and one man killed. By the late arrival of steamers at New York from California, 2,669,555 dols. had been received. The stock-market had improved. Large sales had been made of Erie Railroad shares at 681 2 to 69. Panama Railroad shares had advanced 3 ; Panama Bonds, 3 ; Reading Railroad, 14 ; Hudson River Railroad, 21. Foreign exchanges moderate, and rather firm. London, 111 N, to 1091 ; Paris, 510 to 5121 ; Amsterdam; 421 ; Hamburgh, 37 to ; Bremen, 80. The cotton market was unchanged. Breadstuffs more buoyant, with an upward ten dency. Provisions easier to purchase. Freights without alteration, and the amount offering moderate. SHIPPING. Arrivals at New York—The Policy from Shields ; the Anne Harley, from Glasgow ; the Stentor, from Hull ; the Blitish Queen, from Newcastle ; the Ocean Wave and the Esther, from Newport ; the Cornelius Grinnell, from Liverpool ; the Adirondback, from Glas gow. THE BRAZILS. The Brasileira has arrived at Liverpool with ad vices from Rio to the 29th of April, B a hi a, M ay 4, Pernambuco, 6, St. Vincent's 19, Madeira 27, and Lisbon, the Ist of June. She encountered very strong north-east gales, and was detained coaling at St. Vincent's for three days. The Great Western was passed two hours' sail from Bahia. The Menai, from Liverpool, had arrived at Rio Janeiro. The Iberia, from Southampton, arrived at Lisbon on the Ist of Juno, at 7.30 p.m. The Rattler, from London for Melbourne, wag passed on the 11th of May inlat. 5 N. long. 24 W. The Swordfi s h , f rom Liverpool, had arrived at Pernambuco. There had been large transactions ill stock at 10G to 106,1 ; freight to London, 27i to 28 ; France, &c., 3.45 to 3.48. At Bahia the demand for cotton was dull. Coffee bad been purchased at 4,100 per arroba. Freights had improved ; to the Channel, 555. The parcel containing the political news has not come to band. At Rio Janeiro business had been very restricted- Exchange on London opened at 28, 90 days. Sub' sequently the market became fiat, and small amount were passed at 27i to 27A, 60 an d 90 dap. g, chauge way limited at 27k, M 0 CU21.1 The sales ettimatecl at American ai 'Peculation. American E l riday la at 6 d. to 7i S ea Isl an d , American. The si x w Per quarter ~j ri a repo] w aherby a that t There an () a loan 1,000/. to 1 1a . authc 4.ek Great Wes. North-Wes 'nth-Wes 13 ti;hton S°' land 4 th-East -41 edonian G nat Nov 4 ,:;2 4 rit eadi a h n i d re Ne wcastlel._ '"ds Nor ~, There 1 44:: : ‘'41e4°1 1 il ea cil: s en h Yis i. ii i Iti;e beerk,the: 4 In the t 4llBaC t . 1( The L kcl the ~ S ITISB ilattuk Roc' a Per Cent IPer Cent .lcier Cent 14 3i 11 g Ann. —4 ia Bon Ditto 3s, t s 'u4olsfo kzeli , 1061 £5OO Rmali -44equei a r e t i Dittol: 4 l tl d i a : l°c'. ItAda 1 rziean -11 tkOd4 4 4itsi k 111 ditto g