The Sun. — London, England, 1854-05-18 00:00:00

S V THE VTRE ROYAL HAYMARKET. Under the management of Mr. Etnekstone. THIS EVENING, 31sT 18, THEATRE ROYAL ADELPHI . Proprietor, Mr. R. Webster.—Directress, Madame Celeste. THIS EVENING, MAY 18, STRAND THEATRE. LONDON, THURSDAY, MAY 18, 1854, .. _.~ - - I_~ :rya, *~'. THEATRE ROYAL DRURY LANE. Lessee, Mr. E. T. Smith. THIS EVENING, UAT 18, Inn be performed FIDELIO. Leonora. Madame Candor' ; Fl3rmtan, Herr Reichardt; and Rocco, Herr Formes. F,, , ,,wed by (21 time) t new It LLET DIVERTISSEMENT, entitled UNE FETE EN OLYMPE. Prices—Stalls, 7e; Dress Ci - cle, 5s ; Roses, 3s ; Pit, 2s. ; OttllerY , lc; and Private Boxes, One, Two, Three and Four Guineas• The Box-office ope i daily from Tea till Six, where places may be secured. Private Boxes and Stalls to be had of Messrs. Leader and Co:k, 63, New Bond-street. Will he performed TOWN AND COUNTRY. Characters by Messrs. Compton, Chippendale, Georrie Yandenholf, and Buckstone ; Miss Featherstone and Miss Reynolds. Atter wnich, the entirely new ant original extravaganza, entitled MR. BtrCiESTOME'S VOYAGE ROUND THE GLOBE (IN LEI CESTER-SQUARE), written by J. R. Planche, Esq. Priuc . pal characters by Mr. Buckatone, Mr. W. Farren, Mr. Clark, mr. J. Marshall, air H. Marshall ; Mrs. Fltzwilliam, Mrs. Caulfield, Nis; E. Grey, Miss Lydia lhompscn, Miss Laura Morris, swil Miss Feath , rstore. Folowe I by WILLIKIND AND HYS DINAH. Supported by M.Pers. Buck tone and Corti ; Miss Louisa Howard, Mrs. Fitawil liarn. and Sirs. Caulfield. ROYAL PRINCESS'S THEATRE, OXFORD-STREET. Under the Marngem , ut of Mr. Crtsat.ks KEAN. THIS EVENING. MAY IS, Will be performed TE lf F.I) IJN KARRRLED. Characters by Messrs. W. Lacy, Ryder, and Cathcact ; and Misses Heath and Mu - ray. Followed by FAUST AND MARGUERITE. Characters by Messrs. C. Kean and Dayul Fisher ; Mrs. Winstanley and Miss C. Lec:e:co. After which, AWAY WITH MELANCHOLY. Characters by •ears. Meadows, D. Fisher, and Saker ; and Misses Murray ape Daly. WM be per f or med TWO LOVE AND A LIFE. Supp or t e d b y messrs. c. selby , Leigh Murray, Benjamin Webster, Keeley, and 0. Attu; :Wyss Woolgar aril Ma lame Celeste. Followed by THE 110ITiTACIIE MOYEITENT. Principal cha fers by Messrs. 0. Smith, Keeley, and farselle; Mrs. Keeley, and Kiss MarY Keeley. THE OVERL %ND JOURNEY L TO CONSTANT I• which, ,whAShUNDERTAKEN BY LORD BA.TEMAN, WITH igTERESTING PARTICULARS OF THE FAIR sOPHIA. OPAL OLYMPIC THEATRE. Lessee and Manager, Mr. A. Wigan. THIS EVENING. MAY IS, Will be performed FIGHTING BY PROXY. Characters by , Robson and Wigan ; and Miss E. Turner. After which, THE HAPPIEST DAY OF MY LIFE. Cha racters by Messrs. F. Robson, J. 11. White, Leslie, and Vincent; Mrs. Chatterley, Miss P. Horton, and Miss Marston. To be followed by TO OBLIGE BENSON. Supported by Messrs. Emery, Robson, and Leslie; Mrs. Stirling and Miss Wyndham. Sole Lessee Mr. F. W. Allcroft.—Directress, Miss Rebecca Isaacs. THIS EVENING, Max 18, Will be performed THE GARDENER OF VERSAILLES. To be followed by BOX AND COX IN KAFIR LAND. After which, a BALLE f DIVER I'ISSEXIENT. To be followed by SUMMER FLOWERS. To conclude with MR. AND MRS. WHITE. Stalls. 58.; Boxes, 35.; Pit, Is. 6d; Gallery. 6d.; Private Boxes, Al Ile. 6d., to be had of Mr. Allcroft. 15, New Bond-street. ASTLEY'S EUROPE'S NATIONAL A iIPHITHEAJKE. Lessee and Manager, Mr. William Cooke. THIS EVENING, MAT 18, Wlll be presented the new gra id Nautical and Equestrian spec. tacle, embodying n vet and extraordinary el icts (wrl•t,n by Mr Nelson Lee), entitled A CALI.; OF ME SPANISH WAR; or, The Horse of the iVreek. The horses expressly trained by Ur. W. Cooke. Followed by an entire change of the Scenes of the CIRCLE. To conclude with a Grand Ballet, entitled THE STAR OF THE RHINE. Rox-office open from Eleven till Four. Star Manager, Mr. W. West. HIGH WATER AT LONDON BRIDGE. Teti DAT —Morning 55 min.after 5 Evening 25 min.aft. 6 rO-Moettow—Morning 55 min.after 6 , Evening 32 uitu.aft. 7 THE WEATHER.—SUN Omen, MAY 18. THERMOMETER, IN THE SHADE. 67—highest since noon yesterday. 54—lowest this morning and during the night. 56—this day at noon. BAROMETER, 30'12. WIND, variable from W. to N. and N.E.—Cloudy weather, and slight rain. gte It is sincerely to be hoped that his Excellency, General BARAGUAY D'HILLIERS, may be speedily recalled from his position as French Ambassador at Constantinople. Latterly he has done little else than add considerably to the embarrassments already sufficiently numerous and harassing. Unfortunately, it is not tho first time that his Imperial MAJESTY, NAPOLEON 111., has found difficulties complicated most unnecessarily and deplorably by the hot-blooded petulance and pre cipitation of his diplomatic representatives. At the very first moment of the misunderstanding be tween the Sublime Porte and the Government of St. Petersburg, the EMPEROR of the FRENCH found himself compelled suddenly to recal M. DE LAVA LETTE from Constantinople. That Minister, it will be remembered, adopted terms so arrogant and exacting in his correspondence with the Divan, in regard to the settlement of the delicate and somewhat bewildering question of the Holy Places, that an amicable arrangement was for awhile almost despaired Of. He was recalled, however, and with his recall, the difficulty disappeared. Magnanimous concessions were maue by France in compliance with the sugges tions offered by the British Government. The complications of the matter at issue became at once disentangled and simplified. The differences between the Greeks and Latins were forthwith smoothed away with almost miraculous celerity. Might not similar advantages be expected to accrue from the recal of that quick-tempered Envoy by whose conduct of late the public at large have been rather painfully reminded of M. DE LAVALEYEE'S petulance and precipitation ? The dispute between the Sublime Porte and General BARAGUAY D'HILLIERS in reference .to the depor tation of all the Greeks indiscriminately within the boundaries of the SULTAN'S dominions, has happily been closed definitively to the satisfaction of every one at all concerned in it. But fresh annoyances arise in consequence of certain jealousies as to matters affecting the movement of the allied troops matters altogether so ridiculously trivial in themselves as to bear some re semblance to the frivolous squabbles for precedence in the march of some civic procession. Desirable to the very last degree as it assuredly is, that affairs should at the present crisis be con ducted in all respects as smoothly as possible —so that there may not be, under any conjuncture of circumstances, even the most passing or momentary interruption to the cordial good feeling which at length exists between the French and English— is it not deeply to be regretted that any one should jeopardise the continuance of good feeling by hints, or innuendoes, or doubts, or hesitations ? Is it not lamentable that questions of priority or preference should be raised by those whose main responsibility it is to assist in sustaining the otherwise uninterrupted and prevailing equanimity —we mean among the allies of the SULTAN in their general bearing towards each other ? Every thing considered, therefore, r emembering that the vital importance that the union' between France and England should be ill ustrated in proximity to the seat of war by the most perfect understanding b e t we en the Envoys from the Court s of St. Ja mes ' s and the Tuileries—we do regard it as lik ely to be a subject for sincere rejoicing, the p rospective recall of the gallant, but hasty, and, therefore, indiscreet diplomatist at present representing his Imperial MAJESTY, our ally, at Constantinople. Whether the functions of Ambassador aro to be added to the weighty responsibilities already im posed upon Marshal ST. ARNAUD, in his capacity as Commander-in-Chief of the French forces in . the East, or whether some other personage is to be nominated by Imperial decree as the successor of General BARAGUAY D'HILLIERS, it is, at any rate, very generally understood that the last mentioned is at once to be withdrawn from his diplomatic post at Constantinople. His recall will no more be regretted, we believe, than was the recall of M. us LAVALIITTE. Anxieties of a somewhat distressing kind will thus be effectually -dissipated, and the utmost reliance will be reposed - 241 , 4 AV\ ' 1 -1 d S in the unselfish cooperation of the subjects of VwroniA and NAPOLEON in carrying out, side by side, and hand in hand, with implicit confidence in each other's integrity, the glorious but stupen dous enterprise upon which they have toge.her adventured. Public attention is now strongly directed to the operation of the Bank Charter Act of 1844 ; an d a general opinion prevails that something must be done to modify its stringent regulations, or that a panic will prevail exceeding in intensity that of October, 1847, and spreading ruin and dis nay throughout the industrious classes. We have witnessed the steady progress of the drain of bullion, and the diminution as well of the notes lin general circulation as of the "reserve," which ' is now reduced to an amount below that usually considered indispensable for conducting the legi timate business of the banking department. We have also seen the continued increase in the minimum, rate of discounts, until that which, on the Ist January, 1853, stood at 2 per cent., is now charged 511- per cent. ; and yet the desired change has not been produced. We are still pro ceeding at a rapid rate on the road to ruin, and yet nothing has been done, or even authoritatively announced as under Ministerial consideration, for the purpose of arresting this truly alarming state of affairs. It is true that within the last few weeks very ominous and significant hints have issued from the Ministerial organ—that the value of the ex clusive privileges afforded to the Bank of Eng land have been set forth and expatiated on with extraordinary emotion, and the very pertinent interrogatoryhas been exhibited in various forms, but all to the same point, namely, What is there to prevent the Government from becoming its own banker, from keeping its own funds, liqui dating its own liabilities, and, above all, ISSUING ITS OWN NOTES ? The establishment of a really National Bank of Issue—the resumption of the Royal Prerogative of making money, which had for a time been delegated on certain conditions to a private corporation, is thus clearly indicated. If the intimation he only carried out fully and fairly, if the matter be only pushed to its legi timate conclusion, the industrial community will have no reason to dread the consequences of the war, or the additional fiscal changes thereby occa sioned, even though the latter amount, in round terms, to 10,000,0001. sterling per annum. No. Give us "free trade" in banking—allow us to ob tain the requisite supplies of " straw," and there is no danger but the " bricks " will be forthcom ing at the appointed period. But under the pre sent system, all the power of the AUTOCRAT, by sea or by land—the fortifications of Cronstadt or Sebastopol—the vessels constructed or repaired in English dockyards, or the wild and undisciplined hordes of half savage Cossacks, who crouch before the knout of " the God of the Russians"—do not excite in the minds of well-informed Englishmen a tithe —no, not an infinitesimal portion—of the terror and consternation occasioned by the fear of having the circulating medium reduced much be low the amount required for the wants and exi gencies of the country. It may be said that the hints of the Times should not be taken so very seriously, that the intimation given might have been but a mo mentary ebullition of anger, having no defi nitive meaning, and expressive of nu fixed reso lution. We might agree with the argument, had the question related to any other topic. Bur when we consider the almost fanatic zeal with which the Times fought the battle of the bullion ists—with which it advocated the principles of the Act of 1844, which it declar. d to be as much beyond the possibility of question as the doc trine of "Free Trade," the matter assumes a peculiar significance. It appears to be like the straw thrown up to ascertain the direction of the " atmospheric currents"— the feelers put for ward through the bullionist organ, for the pur pose of discovering whether the "Times...serving" part of the community will continue to follow the beck of their self-constituted leader, or whether they are still dazzled by the specious fallacies re specting the " self-acting regulator of the cur rency," and other frothy trash of a similar cha racter, which, so long as It suited the purpose, was freely poured down, their gaping throats. Yes, the participation —nay more, the lead of the Times— in the onslaught clearly proves that the fiat has gone forth, and that it is time for the " Old Lady" "to set her house in order" without any unnecessary delay. It is, indeed, sufficient to insure the success of the movement that a spirit of inquiry should be excited, and that the people should be determined to investigate the question in all its varied details. Hitherto it has, like the enchanted castles of necromancers in the books of chivalry, escaped observation through the mists by which it was concealed. Two potent magicians, PREJUDICE and lorronarrcz, lent their aid to keep it from general view ; but at the first summons fro:n the good knight, Monetary Science, the rottenness of the foundation will be discovered, and the deceptivo superstructure will crumble away before the trum pet-voice of public opinion. " What necessity," we ask, repeating the query we have so frequently put forward—" What ne cessity is there for a gold currency for do uestic use? Why are from 40,000,000/. to 50,000,0001. of sovereigns required for carrying on the every-day transactions of life ? The examples of Scotland and Ireland prove that, if there was an adequate supply of small notes, ever concurrent with bullion, that the latter will speedily go out of circulation. In either of the sister kingdoms a sovereign is a rare sight, and when one is ob tained from a travelling stranger the recipient hastens to exchange it for the less cumbrous and more convenient " pound note." We prevent the development of a similar feeling here by pro hibiting the circulation of notes for less than Si., and " verily we have our reward." "We pay dearly, indeed, for our whistle"—when we con sider that the wear and tear of notes in circula tion costs at least 1,500,0001. per annum, and if we place the interest at au equal amount, we find,3,000,000/. per annual lo,t by absurd regu lations. What would be said of a small trades man if he used golden scales and weights in all his transactions. The unnecessary waste of capital most probably would paralyse his efforts, and bring him to bankruptcy. But the nation which insists on having sterling value, where a suitable measure and representative is only re quired, in using gold where paper would answer just as well, acts an equally foolish part, and should be held up to contempt and ridicule for its fatuity. All that is required for a currency is, that it should carry with it the confidence of the community, that each man should know that he can dispose of it in the same manner and at the same rate that he received it—that it possesses, in fact, the necessary sanction for its redemption, and therefore carries with it the " purchasing power." We have repeatedly shown that a national note, secured on all , the wealth and industry of the country, and receivable by every tax-collector throughout the kingdom, would possess that sanction—that it would be just as acceptable as gold. All that is required is that the subject should be ventilated in Parliament. If the inquiry be only entered on in a fair and straightforward spirit, we have no doubt that truth will prevail, and that the national currency will speedily be placed on a just and proper foundation. The press already owes much to the persever ance and tact of Mr. MILNEIt GIBSON, and it seems not unlikely to owe him yet more. His generalship on Tuesday night was certainly ad mirable ; it, was useless, he well knew, when the Chancellor of the Exchequer was doubling or increasing several taxes, to bid him stand and give up another. That official, so all-important during a wax, would, of course, shake his head at being asked to surrender nearly half a million of money, and the House must support him. Mr. GIBSON, therefore, confined himself to undermin ing the foundation of a tax which he dare not batter directly, with the full intention no doubt of springing his mine when foreign foes from domestic improve ments. shall cease to divert us his more ardent colleague, indeed, M. THE SUN, LONDON, THURSDAY EVENING. MAY 18, 1 54, BRIGHT, could not be restrained, perhaps it was not wished, from a cannonade in the trans-Danubian style of the Turks and Russians ; but the mover of the resolution wasted none of his powder ; he barely intimated that he had plenty of it ready for instant use, but he adhered with almost logi cal severity to his strong point. A strong point, too, it is. With no little un easy writhing and wriggling on their part—not, however, quite so violent as that of the Chancellor of the Exchequer to avoid surrendering the whole advertisement duty—the two law officers of the Crown and our versatile Home Secretary were compelled to acquiesce in Mr. GIBSON'S motion. They seemed but too happy to escape with the accompanying verbal assurance that the Govern ment officials had done nothing in their newspaper stamp prosecutions from personal favour and partiality a charge which they perfectly well knew Mr. GIBSON never thought of bringing against them. They plainly thought it a case for caution, and that accepting an explanation was better than a duel with an adversary who had so well selected his weapons. The innocence of the Government law officers, however, only makes Mr. GIBSON'S case the stronger. Even under such blameless ad ministration it had to be confessed by the whole House of Commons that " The laws in reference to the Newspaper Stamp and periodical press are ill defined and unequally enforced, and that the subject demands the early consideration of Par liament." Modest enough in appearance, such an unques tionable fact, and with only such a guarded pledge in reference to it, is an impregnable posi tion from which to commence the grand attack. Mr. GLADSTONE preferred giving up ultimately his Income Tax to attempting an equitable adjustment of it. He felt that a confessedly unequal tax was doomed to extinction, and only saved it for a time by promising some years hence the means to supersede it. With what grace therefore can he face hereafter the resolution agreed to by his own colleagues, that the tax on news never "can be equally enforced. The English public will never long consent that the Treasury should have the arbitrary work ing of a definition which depends on the will or whim of Government officials. What "news" is, no one yet, no lawyer, no judge, no jury, has been able to determine with precision. Public occurrences and facts, if told to the public at intervals shorter than 26 days; are taxed as news, but comments including or implying the facts are not news ; literary journals, with a cer tain minor portion of news iu them, generally escape; so do " class journals," if powerful enough to fight Mr. Timm, who, however, incontinently indemnities himself on journals not backed by a proprietor who refers Mr. Trull to his solicitor. The "Times," in every form—Musical, Law, or Racing Times —seem to stay for no Mr. TIMM ; and the Athenceum, with the Literary, and the Medical Gazettes, appear also to use him as they please. But when that awful functionary sends his missive to the Potteries Free Press, or the South Coast Journal, the penny preachers of news and politics are obliged to bow to a five or a twenty pounds penalty, and to accept the remis sion of the fine as an act of sovereign mercy. They, simple souls, had supposed that the law could and would be equally administered, and that it the Builder, the Eating Times, &c., escaped, they might escape also. They quite forgot that the Newspaper Stamp Law was, and must be, Treasury-made law. This, then, was the sum of the whole deb de. Mr. BRIGHT'S earnest appeals against the stamp, as a tax on knowledge and education, will have t:ieir weight, of course, but were irrelevant to the main fact to which Mr. GIBSON compelled the assent of the Rouse of Commons, Government offici ds included. He has recorded on its jour nals the truth, which proved fatal to the defence of a perpetual Income Tax, that the tax cannot be administered with any approach to fairness ; a defect which once distinctly acknowledged, no impost can long survive. In this Mr. GIBSON showed a skill worthy, we think, of a leader of i the House of Commons. Of course the discussion pointed to the abolition of the tax, and on that subject Mr. BRIGHT'S speech will be read with interest. He calculates that with a penny stamp for such papers as pass through the post the Treasury would realise as much as it does now. The number of papers would be increased, he thinks, tenfold, and that one-tenth would thus pay the same stamp duty as ' they now do, but as bona fide postage. No one will wish that the Post-office should be charged for no thing, with the conveyance and delivery of news papers, or other printed documents, but we must de cidedly maintain that here the American practice is the sound one. They charge all printed paper at half the rate of letters ; and certainly it wouli be most unreasonable to expect th e P os t-office fb carry the largest paper and its supplements for the same charge as that made on some small penny journal ; and, on the other hand, unfair to the small newspaper that it should pay as much as the large one. The newspaper postage-stamp must commence from one halfpenny upwards, and we feel confident that this atrangement, as most just, would be most profitable also. At the present time, when it is impossible to say what way be the consequence of the war to the mercantile and trading community of the country and those dependent thereon, it is incum bent upon all, while in their power, to provide for the hour of misfortune, should it arrive ; and we therefore direct attention,' as we have before had the pleasure of doing, to the account of the tenth election of annuitants on the Benevolent Fund of the Provident Clerks' Association, when three clerks and four widows of clerks were elected to annuities, making, on the whole, ten clerks and thirty —me widows annuitants on the fund. It is gratifying to find that the benefits of this excellent institution are distributed alike in town and country ; and we feel satisfied that, as its ob jects become more generally known, it will receive the support of the many benevolent individuals in this couutiy. THE EARL OF LICHFIELD.—It iS stated that this nobleman (late Lord Anson) ha,i purchased the Gondola yacht from Mr. Woodhouse, and intends to emhark ou an extended aquatic excursion early in the season. DEATH OF TIM COUNTESS OF PORTSMOUTH.—This noble lady, we regret to say, expired on the 12th inst., at her mansion at Eggelsford, in her 78th year. Her ladyship was widow of the last Earl of Portsmouth, and sister to the present Earl Fortescue. RATES OF EXCHANGE.—The French rate of exchange continues firm at previous , rates. Another favourable fact is that silver and dollars are in the market here, and that prices are heavy, notwithstanding the last quota- tions from India and China. DRINKING THE HEALTH OF THE EMPEROR OF RUSSIA. ---A few days since a dinner was given to the tenants of Mr. Heathcoat, M.P. for Tiverton, of which it will be remembered Lord Palmerston is the other represen tative. After the cloth had been removed various toasts were proposed, and'among the rest was that of "The health of the Emperor of Russia, and may the war last for seven years," which was proposed and seconded by two farmers, named respectively Densem and Hewitt. As might have been expected, the toast was received with indignation ; and its proposer has since been taunted by all with whom he has come in contact. Indeed, it was questionable whether he would not have been mobbed by the women who assembled on the fol lowing market-day. Such sentiments of disloyalty, it is scarcely necessary to state, are not generally entertained by the Devonshire farmers, notwithstanding their fond ness for high prices for their wheat. THE WAR. ---ADDRESS TO THE QUEEN.—The following is a copy of the address of the corporation of Cork to the Queen, on the subject of the Russian war, and of the reply thereto, received from Lord Palmerston : "To THE QUEEN'S MOST EXCELLENT MAJESTY. "May it please your Majesty— We, your Majesty's duti ful and loyal subjects, the mayor, aldermen, and burgesses of Cork in council assembled, at this momentous crisis of the commencement of the war, approach your Majesty with the humble expression of our devoted loyalty and attach• men t to your Majesty's throne and person, and we f :rvently pray that the Supreme Disposer of events may vouchsafe to bless your Majesty's arms and those of your august allies, SO that, speedily vanquishing your enemies, you may secure to Europe the blessings of a solid and endurinc , peace. " J. N. MUIiPHY, Mayor of " ALEXANDER M"CatiTtiY, Town Clerk," " REPLY. " Whitehall, May 8, 1854. " Sir—l have had the honour to lay before the Queen the loyal and dutiful address of the mayor, aldermen, and burgesses of Cork in council assembled, which accompanies Your letter of the lst inst., and I have the satisfaction to inform you that her Majesty WC2 pleased to receive tho same very graciously —I am, air, your obedient servant, The TOTTII Clerk of Cog." " rALREIIS79N." MONEY MA RILL r AND COMMER,CIAL INTELLIGENCE. CITY, TWO o'CLOCK The sales of cotton at Liverpool yesterday were estimated at 5,000 bales, including 1,000 American taken for export and on speculation. The market closed heavily, with a downward ten dency. Compared with Friday's rates, prices of American were nearly id. per lb. lower. Railway shares were quiet. The following is the report of Messrs. H. W. Jewesbury and Co. upon the indigo auctions : "Since the last February sale, the demand for indigo, in common with most other descriptions of produce, has been exceedingly limited, and as prices were very generally expected to rule lower, the sale just concluded opened heavily, at a serious reduction upon February rates—the limited amount of orders from the con tinent, also the home trade operating very spa ringly, and the advanced rate for money, have alto gether caused one of the flattest sales ever remembered. Fine shipping indigo has declined 6d to 9d, and in some instances is per lb. ; upon the ordinary and good de -Bcriptions the fall has been about 6d per lb. Madras ood and fine (being scarce) sold at about last sale's rates ; the ordinary sorts were 3.1 to 4d per lb. lower, a, was also good and fine Kurpah, the ordinary qualities being 4d to 6d per lb. under February prices. Of the quantity brought forward, it is estimated that 2,808 chests are bought in, 5,048 withdrawn, and 3,300 sold. to which may be added about 200 of the bought in and withdrawn, making the total quantity sold about 3,500 chests, of which 1,800 are said to be for export, and 1,700 for home use and re-sale. The following are the quotations as compared with the last February sale :-- Fine shipping 6d to is lower ; good ditto, 4d to 6il lower; broken and consuming, 4d to 6d lower; Madras, good and fine, par to 3tl lower ; middling ordinary, 3.i to 4d lower ; Kurpah, good and fine, 3d to 4d lower ; middling and ordinary, 4d to 6d lower ; Oude, 4d to 6d lower ; Pondicherry, 9d to is lower. The letters by the Overland Mail have been de livered this morning, and they represent business as being rather dull generally. The insurrection in China seems to make progress, and at any rate the Imperialists have not gained any material successes. The ship " Flying Dragon," arrived at Ceylon, furnishes advices to,the 15th February from Mel bourne, in which we find a few additional items. It is stated in one letter that business had been circumscribed, but that there was a decidedly firmer tone generally, with a tendency to improve ment. When the cessation of shipments from Great Britain begins to be understood, a marked advance was looked for in all articles of general consumption, but, nevertheless, a further decline in spirits was probable. The alteration in the tariff, imposing a duty of 6d. per gallon on beer, had an effect in causing that article to decline slightly. There was a considerable demand at the various " diggins" for supplies. The quan ti tyofgold brought down to Melbourne from Jan. 28, to Feb. 14, was 63,833 ounces, and the shipments had been 80,632 ounces, of which 250 ounces were to Syd ney. The arrivals were large, comprising 53 ves sels from British and foreign ports of 19,812 tons. The addition to the population, allowing for the departures, was 2,709 persons. Timber was in re quest, but the price was not high, owing to the difficulty of procuring storage. The Honourable East India Company have taken up the Royal George to convey troops, and the Barham for stores to Calcutta. The rate of exchange for bills drawn by the Hon ourable East India Company, has been reduced id. per rupee—viz., to is. 111 d. on Madras, and 2g. on Ilmbay. Tois would appear to indicate either a falling off in the demand for remittance , that may result in smaller specie exports hence, or otherwise larger payments to he made here by the company, which desires to offer greater temptation to purchasers. The value of money has been getting up steadily here to the Bank of England minim um , and the discount houses are doing the best bills very cur rently at 51 per cent, and according to date, still more is asked. The Bank of Belfast has advanced its rate of discount from 5 t o 51 p er cen t. Th e French Government, as was expected, has lowered the interest in Treasury bills, and money is very abundant at Paris. The exchanges will be favour ably influenced when the new law is in force, allow ing colonial produce to be brought here, as the stocks in France are small. A meeting of the shareholders in the Albion Gold Mining Con3pnny is now in progress, the object being to expose the mismanagement and promote the winding up. The proceedings have not yet concluded. Public Securities are still advancing, the ener getic course pursued Ly Austria having the effect of strengthening the impression that Russia cannot long resist such a coalition. Consols have been 88 to 89 for transfer, and 88a to for account. The New k per Cents. have been marked 88. E to 88, and the 3 per Cents. 87a to Bank Stock has been firm at 204, and India Stock quiet at 235. Exchequer Bills are Is. discount to 2s. premium. The foreign market has been dull as reg irds Spanish American and speculative stock, but there have been several bargains in Northern Bonds• Russian 5 per Cents, have declined to 95 and 941-, and the 41- per Cents. to 811. Belgian 44 per Cents. have been at 90, and Dutch 2 per Cents. at 58A to 59. Spanish Deferred Bonds are 18g- to The railway share market has been very firm, with, however, only a limited business doing. French shares are steady, and Northern higher. The other foreign lines have been in moderate request. Gold Mines are merely nominal, the Oriental Bank shares have risen about about 1/., and Aus tralian Agricultural Land are buoyant. The last week's railway receipts ascertained up to this day are in round figures as under : 1854. 1353. Great Western North-Westf rn Sauth-Western Brighton Midland South- Eastern 16,142 14.210 Czledonian, and Edin. and Glasgow 16,385 14,086 Great Northern 18,069 15,742 Lancashire and Yorkshire York and North Midland. Newcastle ai.d Berwick } 23,308 26,339 Leeds Northern BRITISH FUNDS THIS DAY AT ONE O'CLOCK. irront the Official L‘st. lank Stock per Cent. Reduced Annuities B7l I :3 per Cent. Consols Annuities BB4 1 9 83 yew 3i per Cent. Annuities BB.t o nq Annuities, Expire sth Jan., 1860 4 9-16 4ttG 30 Years, Expire 10th Oct., 1859 4 5-16 law, Stuck ;ensols for Account tth June B Bl I 4xcliequer Bills, 2d. 1:1000 Small PRICE OF FOREIGN FUNDS AT ONE O'CLOCK. 4 ussian Bonds, 1822, 5 per Cent. £ St 951 5 Ditto for the Account . iardiniau Bonds, 5 per Cent............ ipartish Now Deferred, 3 per Cont. Ditto for the Account.. lB/ Ditto Passive (Converted) 3i Dividends on the shove payable in London. Belgian Bonds 4i per Cent. ex. 25 fr Dutch Exchange, 24 per Cent. 12 Gu11...., 59 8i Ditto 4 per Cent. Certificates .... HALF-PAST TWO. Consols Ditto June Account BBl i 88/ i OPENING THE NEW STREET TO ST. PAUL'S. --Th e l ast portion of the new thoroughfare of Cannon -street West, opening up a direct communication between the south side of St. Paul's Cathedral and London-bridge, is now being paved, between Old Change and the churchyard, with blocks of granite, and the Commissioners of City Improvements have definitively fixed that this import ant line of thoroughfare shall be opened throughout on Monday next, the 22d inst. SHIP MAILS DURING THE MONTH. —Notice was issued from the General Post-office yesterday that ship mails will be made up for Melbourne, to be sent by the Great Britain, which leaves England on the 10th of June next ; for Constantinople, by a steamer which loaves May 27 ; for Rio de Janeiro, Buenos Ayres, and Monte Video, by a steamer which leaves J une 1, and for Hudson's Bay, Vancouver Island, and Sandwich Islands, by vessels which leave England during this month. SHIP ON FIRE.—MELI3OURNE, Feb. 2.—On the 16th of December, Captain Grant, of the ship Tay, recently arrived at Adelaide, discovered smoke ascending from the main hatchway, and upon making the closet evarnination of the la len hull, ascertained that the coal had become ignited by spont.tneous donibustnni. To attempt to extinguish the fire by removi. g any portion of the cargo, and so giving the air free ad mission to the hold of the vessel, would probably have proved a most destructive course. A more safe remedy, that of battening down the hatchways, was ' adopte.i, and the captain, the first offieer, and a few of the crew, to whom alone the perilous accident was known, watched with anxious solicitude for the general safety, and whilst tee captain cracked on the ves-el with sedulous earnestness, the cause of his eager efforts to terminate the passage was unknown to his passengers, whose ignorance, whilst it did not exaggerate their dan ger, preserved them from unceasing and torturing alarm. Above the coals were 150 barrels of gunpowder, and a large quantity of spirit:, The Ere was subdued, and there is little doubt but that she will deliver her cargo is good order,—S/iipping apt*. LA [EST FOREIGN NEWS. THE WAR. CONSTANTINOPLE, MAY B.—Nainik Pacha, who was lately charged with the negotiation of a loan, is appointed Ambassador at Paris. Maslum Bey, Minister of Commerce. Nemet Pacha, Minister of Police. Vely Pacha, Governor of Candia. The Sultan, after having paid a visit to Prince Napoleon, invited his Imperial Highness to dinner. Marshal St. Arnaud arrived at Smyrna May 6. A division of the French army has left Gallipoli for Biazur. An Egyptian-Turkish squadron goes into the Black Sea, probably to Varna. THE BALTIC. THE FLEETS NEAR CRONSTADT. Letters received yesterday from St. Petersburg, dated the 9 h inst., state that the British fleet had !seen seen within 25 to 30 miles off Cronstadt, and had captured a number of Russian gun-boats. COPENHAGEN, May 16.—The houses on the right bank of the Neva, at St. Petersburg, have been de molished. The telegraph to Stockholm is open. COPENHAGEN, May 11.—The leprosy is spreading so rapidly in Norway that fears are entertained of its becoming a general sickness, as in the middle Age. Strong efforts will therefore be made against it, and the Parliament have made large grants for hospitals, in which the incurably sick will be al [owed to reside. No one will be allowed to marry while afflicted with this disease. A ship loaded with cannon-balls has been stopped by the local customs officers in Newcastle, and it will not be permitted to sail until further instructions arrive from the English Government. As this was a Norwegian vessel, the subject excites interest in that country. The French fleet, or rather its first division, is in the Great Belt. The ships distinctly stated to have reached the Swedish coast, may pos sibly have been the Swedo-Norwegian squadron. The last number of the Aftonbladet contains a long letter from a female correspondent, residing on the island of Muskeg, descriptive of the death of Lieutenant Freeland, his solemn burial, various visits and adventures on board and ashore. The whole is so graphic and charming that it ought to see light in an English dress, but its length forbids. The following is extract of an interesting letter, written by an English gentleman now cruising in a yacht in the Baltic, to a friend in Paris. It is dated May 5 : " A. wet c'ay at anchor in a smooth water cove on the Swedish coast has tempted me to write to you, as no loubt you will not be sorry to hear a voice from the fleet. I left Southampton in a yacht on the 10th of April, with very rough weather, and a continued he id-wind to 'fight against, and at last made the fleet in Landsart Bay (or fiord), about 60 miles north of Stockholm, in a small cove of which we are at anchor, while the fleet is bang ing away at practice in the fog outside. Napier has 22 ships here--14 line-of-battle ships, arid the rest :iaddle-wheel steamers. The remainder of the fleet, -crew-frigates and paddles, and about six more liners, ire cruising about the Baltic off the Gulf of Finland. Ile fleet has come here a month too soon, the ice having oily just broken up at Sweaborg and Cronstadt. On 'Sunday there was a thick snow storm, and ice falls froni the rig 4 ing frequently of a morning. We have had fogs, lasting 36 hours at a time, so thick that we could not see twice the length of the yacht ; and when it cleared; not knowing where we had drifted'to. I saw old Napier yesterday. I believe, from all I can hear, that something is to be done on the Finland coast, or in the Gulf, the moment the weather lets them see their direc tion for firing. You can conceive nothing finer than this finest of all fleets. The Swedes and Danes are, to a man, with us, and every tolerably fine day brings crowds to cheer as. The Sin, and Court at Stock holm, too, I understand, would' be glad if an excuse offered to make them join us.. 'We have sent about 17 prizes home to England, setting the crews at liberty on parole on Danish or Swedish ground. Many of these poor iF rdanders arid Courlanders offered to enter our !Inv)? ; many begged to be sent to England, and on leaving ti.e ship they were taken by to the shore, they shook hands all round, and gave three cheers for England. "The fleet in the Baltic now is 45 sail, 2,250 guns, ►nd about 23,400 men ; this is inclusive of the French fleet of five ships of the line, four frigates, and four steamers. " I don't think Cronstadt or Sweaborg will be bom barded ; they are in such difficult channels that without the steam power it would be quite impossible to get into position to attack, as stone walls and casernated batte ries must be fired at from not more than 200 yards dis tance. No doubt an attack on Sweaborg might and would be entirely successful, but of course not without severe loss and much damage to our ship: ; immediately after which out would come the untouched Russian fleet of twenty-seven sail of the line and thirty-eight large frigates from Cronstadt, and fall on our disabled fLet. Napier is bold enough ; but if the Russians ex pect. him to commit some rash folly through love of fighting, they are much mistaken. The St. Jean d'Acre, Captain Keppel, is unquestionably the finest and most efficient ship here—ninety-one heavy guns on two clear fighting decks. The Austerlitz, the only Frenchman in this quarter yet, is a very fine ship, the men very clean and smart aloft. We have not seen their target practice.. Thqir great gun exercise is not so quick as ours, the command being 'en, deux, trois,' instead of 'one, two.' I don't expect to go home before next month, but I hope to see something worth seeing before I leave." THE BLACK SEA. TREBIZOND, April 30.—Forts Noworossijsk and Gelendshik have been evacuated. Suchum Kaleh is almost entirely deserted. A letter from Orsova, of the Bth, states that the Russians have destroyed three batteries which they had near Sulina, and ordered ail the inhabitants of that place to leave it. Most of them are going to Tul tscha. According to a correspondent of the Trieste Gazette, the united fleets were cruising off the Crimea, where they were blockading Sebastopol. On the 30th ult. explosive projectiles were launched against it for three hours by an English steamer, hut, as it was given out, without result. A di vision of frigates had steamed away and gone to de.troy the Russian forts of Redutkale, Suchum kale, and Auapa, on the Circassian coast. The Russian fleet keeps snug at anchor behind stone walk, and shuns all chance of collision. This may prolong the war, but then it will compel the allied Western Powers to support their fleets in both seas with land forces. The Kolas (;azette says :—An official communica tion was published at St. Petersburg on the 9th, that 30 ships of war of the enemy had been seen from Sebastopol on tile 28th of April. THE OTTOMAN FLEET. The destination of the Ottoman fleet, which lately left Constantinople for the Black Sea, is not exactly known, but the most probable is that it is bound to the Circassian coast, as they have em harked large quantities of ammunition and guns, besides which Seffer Pacha and Beseeli Pacha, both Circassiaus, accompany the ships. By last accounts parts of the combined fleets were blockading Se bastopol, and the remainder had gone to Souk bourn Kale. The Turkish fleet is under the com mand of Caiserli Ahmet Pacha, a good and brave sailor, Mouchaver Pacha (Captain Slade), and Hassan Paella, and is composed of 22 vessels, in cluding steamers. The following is a list of the fleet : SAILING SHIPS. Guns. Mahmoudid 124 Peiki Zafer 94 Memdouhd B4 A Cade Zerad 74 Feuftah Zehad Garan Balari Cheref Numa 2O Djai Ferakh Guns. Peiki Messareh 84 Techrifi 6 Nousretie 74 Myoum Rehire Ferakh Numa 2O Shaika 2O STEA➢i Guns. Muklibirri Surur 26 Chaiki Chadi Shakkper 8 Peiki-fiz SHIPS. Ge'gi BAH Megidi6 Messin Bahri Guns . 22 22 THE DANUBE. A letter from Bucharest, in the Press of Vienna, states that the prisons of Bucharest are filled with Wallachians suspected of being partisans of the Turks. At Vienna it is said there is no foundation what ever for the rumour that the Russians have invested Silistria by laud on the right bank of the Danube. The Moniteur de 1' .4rmee thus describes the respective positi ons o f th e b e lli gere nt armies since the evacuation of Lesser Wallachia by the Rus sian.; : " On the extreme right, along the left bank of the Aluta, is stationed the Russian corps of army coming from Pojana and the neighbourhood of Kalafat, which has been reinforced by a second corps, lately arrived from Moldavia. The reserve i+; at Pilesti, an imp-irtant town of Great Wallachia, 20 leagues to the N. W. of Bucharest. The right of the Russians communicates with the centre through Giurgevo, where a third corps is encamped. The centre extends from Giurgevo, oppo site to Rustchuk, to Kalarasch and Rassova, along the left bank of the Danube, having its reserveat Bucharest, 13 leagues from the river. The left wing begins at Ras sova, and occupies the E.,hrtrlscha, communicating, by Odessa, with the troops of Osten-Sicken. Its reserve Occupies Matschin and its vicinity. The line of operations of the Russian army stretches over a distance of at least 50 leagues, from the Aluta to the mouths of the Danube. Its real force may be calculated at between 150,000 and 180,000 men. The second reserves are call on tilt baii%s of tire Dnieper, th e i r effective force being unknown. The Turks, who ha ve likewise effected A Itkojewent of tonoentrstin 1411G3 ' their adversaries abandoned the environs of Kalafat, oc cupy the following positions:—Their left wing is on the right bank of the Aluta, with its head quarters near Slatina, and its reserve at Krajova, communicating with the centre by the Danube towards the confluence of the Aluta. This wing is formed of the temps which lately garrisoned Widdin and Kalafat, and of a portion of tht• reserve, ordered to join from Sophia. The centre faces that of the Rul3sian army, between Nicopolis and Sills trio, occupying the fortifiEd points of Rostchuk, 'fur tukai, and Silistria, the garrisons of which have been lately reinforced from Shumla by order of Omer The reserve of the centre is stationed at Shunila. The right wing lines Trajan's Wail, with its reserve at Rtzardjick and Varna. The Turkish force on those different points may be estimated at from 120,000 to 130,000 combatants, including the garrisons of the strong places. The troops of the second line are con centrated around Adrianople, and the 50,000 or 60,000 English and French already at Gallipoli, Scutari, and Constantinople form the third line. Such are the force of the two belligerent Powers opposed to each otlrr in Europe. Our information with regard to the armies of the Caucasus and Asia are too imperfect to enable us to give any correct account of their positions and numbers." THE DOBRUDSCHA. The Augsburg Gazette, generally Well informed about Russian movements, estini:.Les that the epi demic has already put hors de combat 18,000 .Rus sians since their occupation of the Dobrudscha. It is stated by the Lloyd of Vienna that in con sequence of the continually - increasing number of Russian prisoners, Omer Pacha has written to his Government to propose that a regular exchange prisoners shall be effected. The Lloyd also adds that putrid fever is making great ravages in the Russian army of the Dubrudseha. The allies are now in sole possession of Varna, and as the French have already advanced to Adrianople, the Turkish garrison of that city is on its way to Shamla. it is also confidently asserted at Constantinople that the French will place a reserve corps of 50,000 men at Rodosto, where their engineers are already taking, admeasurements for a fortified camp. The corre spondent of the Oest. Deutsche Post writes that the offensive operations of the allied armies will soon commence, " but not on the Turkish soil." All the best tacticians consider Prince Gortschakoff's expeditionintotheDobrudscha a strategical bl under. The Constantinople writer further says, that the Russians have experienced such severe checks near Rassova that they have probably lost all inclination to rene w their attempts in that quarter for some time to come. The English part of the Constan tinople garrison -15,000 infantry—has already reached its destination, and as many French troops are expected. The official Osservatore Triestino has a strongly-pronounced dislike to Russia, but its Constantinople correspondents are extremely impar tial in their reports. One of them writes that the Anglo-French cruisiers have taken 13 vessels, four of which offered such a vigorous resistance that they were sunk. Six have been taken to Varna, and hree brought into the Bosphorus. Omer Pasha has had several of the Bashi-Bazouks beheaded. Some 600 of these fellows not long since were taken on board the British steamer Astrologer at Trebi zond, and just as they were starting for Batouin, they amused themselves by trying whether their new guns would carry as far as the shore. As the whole population of the place was assembled to see them start, two persons were killed and four severely wounded. This new kind of salute seemed to pro duce no sensation, for the apathetic bystanders did not take the trouble to move from the spot. The whole of the maritime coast from Batotun up to St. Nicholas has been fortified according to plans drawn by European engineers. Selim Pasha is pre paring for an attack on Osurgeth, which is a town not far distant from St. Nicholas. RUSSIA. The Lloyd of Vienna says it is now quite certain that the Russians intend to form an army of obser vation near the Prussian frontier. Twenty thousand men are marching towards Petrikan and Gensto which are only a few miles from the frontier. The Presse contains an article in answer to the assertion of the Journal de St. Petersbourg, that "during the war the nobles would give up one tenth of their income to the Czar, and that the merchants and traders would pay an annual tribute of 300, 160, or 100 roubles, according to their means ;" that is to say, 1,200 f., 640 f., or 40Jf. The Presse declares that there are not 20 noble houses in Russia that are not deeply mortgaged ; that their incomes are rather nominal than real; and that they cannot give a large sum to the Czar. Their incomes, besides, being founded on agricul tural produce, must fall off enormously when once a strict blockade is established by the Western Powers on the coast of Russia. Already the effects of that measure are beginning to be severely felt, and, should it continue, ruin inevitably awaits the Russian nobility. As to the merchants and traders, their number amounts to about 36,000, of wham 900 belong to the first class, 1,900 to the second, and the remainder to the third. Supposing that they paid the amount mentioned above, the Czar would receive about four millions of roubles (sixteen millions of francs). "But how," asks the Presse, " are they to pay that amount of money when their business is nearly ruined by the blockade'? Surely, what causes damage to the nobles cannot but be just as injurious to the mer chants and traders, who are the connecting link between the Russian nobles and other countries." It is now three or four months since a proje t was attributed to the Emperor of Russia of re constructing the kingdom of Poland, not, of course, out of any regard for Polish independence, but out of vengeance on those Powers that refused to asso ciate themselves in the,enormous injustice he medi tated against Turkey, or who have contravened his designs. The movement of Russian troops to the frontier of Galicia and the Bukovina, would seem to render probable the execution of that menace ; and though such an attempt would, in all proba laity, terminate as much to the disadvantage of the Emperor himself as to those against whom it was directed, yet, from what we have already wit nessed of his conduct, we are justified in supposing that no step will be thought too desperate for him to undertake. MONTENEGRO. A letter from Cattaro of the 4th, in the Moniteur says:—" The Montenegrins attempted a week ago a little razzia on the village of Sestani ; but being attacked by the inhabitants at the moment when they ware retiring, they had two men killed and were forced to abandon the flocks which they were removing, and also a human head which they had cut off." GREECE. ATHENS, May 12.—Fuad Effendi, with 15,000 Turkish troops, is at Arta. The rebellion is almost totally quelled. Communication with Prevesa is fully restored. The road to Janina will shortly be entirely free. It is said that a new Anglo-French note has ar rived at Athens. 8,000 Belgian muskets, destined for Greece, have been confiscated at Malta. Some transports, con veying horses belonging to the generals of the expeditionary army, have been attacked by Greek pirates. Eight thousand muskets, destined for the Greek insurgents, have been captured near Malta. The Government of dreece is to be required, by the allied Powers, to give in its adherence to the protocol of Vienna. The new Kaiinakan of Samos, Jan Ghika, has addressed to the inhabitants a proclamation in which he exhorts them to union and obedience to the laws, and declares that he is charged by the Sultan to maintain tranquillity, and at the same time protect and consolidate the privileges which he has granted to . the principality of Samos. FRANCE. The Paris correspondent of the Morning Chronicle writes :—ln my letter of yesterday I sent you an extract from the letter of a correspondent, who represents the attitude of Austria as still very doubtful, and that that Power has determined not to go any further against Russia than is to be implied from its persisting in maintaining a neu tral attitude. I have since learnt that this is not the feeling of the French Government. The im pression at head-quarters here is, that Austria has now not only come fairly and honestly over to the side of the Western Poweri, but that there is every probability that within the next fort night we shall have the news that she has declared war against Russia. The attitude of Prussia is not quite so satisfactory, but great confidence is felt that that Power will also follow the ex ample of Austria. M. de Manteuffel is said to be firmer, and more determined in his adhesion to the alliance, than is supposed in some quarters • and he is now mor e secure th4n ever in his post as Minister of Foreign Affairs. The French Government has no longer any uneasiness as to the resolution which the Prusi-ian Government will ultimately adopt. It has never yet at empted to get rid of its engage (nents hitherto; and notwithstanding some evident tergiversations in the mind of the King, nothing has occurred to show that it has ever contemplated the idea of shaking them off. On the same subject the Times Paris correspondent says :—According to the most trustworthy accounts nothing can be more satisfactory than the attitude of Austria in the present critical state of affairs between Russia and the Western Powers. Any doubts that may have hung over the policy of that Power, or any suspicions that may have been to the latest moment entertained as to the sincerity of her adherence to the policy of France and Eng land, or her willingueso to Act Trim the proper .r time for action should arrive, appear nev i 2 dissipated ; and e ven by th ose w h o se incl . ', endured to the last it is now aver red that ° is acting at this moment as becomes 3 ,.,. Power desirous of thr ow i ng o ff the tutelai' Russia, and of sustaining its independence' deed, unless the blackest treason be coot% the assurances given by the Cabinet of and parti ularly by the young and high s,P t Emperor, l eave us littl e t o d es i r e, an d r, • is reason to believe that the cry of triche will soon be associated in the coul d ;my phrases exchanged between France se c land. You are already aware that M. ( 110/c , von Hubner has returned to Paris after his visit to Vienna. With all the caution which; terises every one connec t e d w ith A us t r ian dil)'°,, and the mystery which covers its proc eedieg i l, nevertheless known'th a t th e ex pl an ations gl that Minister are such as to j mistilythe inostoee, hopes ; and a pe rson w h o is generally on these matters h as thi s day declared ltf opinion that, before the lapse of a fortnight, a i l rupture will take p] aca b e t ween A us t r i a and For the honour of Au s t r i a it mus t a l so be s 3 if a change for the b e tt er b e observable t',l‘e lin Cabinet, it is principally owing to the P exercised upon it by that power. She O s recently remonstrated with P russ i a in ter , neither the Cabinet nor the King could disr e r She has reminded Prussia of what she aPPeti forget, namely, that she w as a p ar ty to the ' Ol , acts which bound the four Powers to a e ° , policy, and declared that sh e wou ld consid er, conduct she had given some indications of p to be in total contradiction to these engage n/ ' 1 that they signified nothing more or less On fusal to execute those pledges, and that t .. ll° ' realization of them would be regar d e d by itild an act against herself. Aust r ia h as declare d readiness to act with the Weste r n Powers,hil" advancing she insisted upon knowing :the b which Prussia proposed to follow, while she was engaged. Such, lam assured, is, in 8 11 the language employed by Austria. The of Prussia is said t o b e sa ti s f ac t ory , an d te e munication which, as I mentioned yesterday' received by the French Government, all, such to be the case. Th e resu l t i s, that Prussia may be as earnes t an d as zeold the cause as desir a bl e , y e t muc h sat i s f ac tios o pressed at the change which is said to hal% • over her councils ; an d, if ma tt ers progr ess 'e same favourable way, w e ma y soon ex peet 4 the Emperor Nicholas hemmed in by a Cu" enemies. As it is, his position is bad enough,i, will it be when his deare s t f r i en d i s f or ced cumstances,,if not induced by goodwill, to the only chance he had of making a diverge° favour. 1 The French seem to be quite aware of the e : 6, , plans for shipping troops speedily, as wit,,,,, 1) .j , following statement from the Malta lifailof D 1 , "The French Government have become the 0 , by purchase of the three steam-ships lately %g harbour, the Golden Fleece, the Emu, a nd tl l e .. garoo, and they will change owners as soon,rAtt contract for' which they are hired to the P li ,: Government has expired. Built in the Vr t y obtaining the contract for the line to Australildi fine ships were, as it were, on the offers heioeicy dined, thrown on the hands of the compach e having no other object in view in which theY to employ vessels of their size and speed, came d resolution of accepting the offers made, li n , t which, we believe, they have realised a profiv may solace them for the loss of the Australia n ,0 , tract. It is matte r o f regre t, h owever , 0 0, 6 ships have not become the property of the Government rather than th a t o f any o ther IP world, however friendly soever it be." net° The interest on Treasury B on d s i s fi xe d, a• - ee o 18th of May, at 3i per cen t, f or b on d s o f thr o b five months, at 4 per cent. o f s i x t o eleven and at 41- per cent. of twelve months. f # The Tnree per Cents. ope ne d y es t er d a y a t 66 ' 0 and closed at 67f. 80 c . f or th e en d o f the 111° 9 0c, the Four-and- a -H a lf per C ents , c l ose d at 93 1 . 1 , 0 0, and the N ew L oan a t 67f. ; O r l eans Railway 'otO 1,107 f. 50c.; Rouen, 910 f. ; Havre, 460 f. ;,,, ,r 0 Northern, 795 f. ; Strasburg, 745 f. ; New i ., 1) 01 1 582 f. 50c. ; P ar i s a nd L yons, 89 7 f. 50c. ;:',o° to the Mediterranean, 740 f. ; Western of t rtso 615 f. ; Bordealix and Cette, 560 f. ; Great L' e io of France, 482 f. 50c. • Lyons to Geneva, 25c. ; Bank of Credit Mobilier, 607 f. 50c. AUSTRIA. The Austrian Government has published!l ji count of the receips of the Treasury fur 185 0 ' shows a falling off of '56,000,000 of florins. PRUSSIA. „ of The negotiations with Rus s ia f o r a trewq 1,0 commerce, have completely failed. All 01. 41 been agreed upon is, to gi ve abilities to carnal on the frontiers. Several of the Berlin jou rna l s state tb,,s!ft Backeburg, in the principality of Schauen""„d Lippe, some Prussia n su bj ects h ave b een cond001;, by the tribunal o f correct i ona l police to ra the t , lon ‘. imprisonment, for having been present ' l Ol religious meeting presided over by an anab 3 P missionary. g) The German Journal of F ran kf or t states to Berlin that there is no foundation for the asse r of the Cologne Gazette, that the King of Pr t Lio, has, on the application of the Prince of PO' deprived him of his military functions. sl The /same journal says there is a rufnol gi o Berlin that the German powers propose to sen t Os " army of p ac ifi ca ti on " to G reece i nstta d intervention proposed by France and Englarl u ', of We learn fr om anot h er source t h at the PPricen c e Prussia has b een preva il e d on, at the especialv) quest of the King, to return to Berlin on th e cif ~f J une , t h e ann i versary of the death of 11►,. father, a day always observed by the royal fail"' ITA LY. -A letter from Naples of the 9th, in the A a 01 mento of Turin, slates that the King has takei l io active part this y ear i n th e l a t e exerc i ses and "i 0 uceuvres of the troops, which usually take ply c°„. l the spring season. This year, however, the WI, called out are not to r(turti to their cantonin eij o , hut are to remain enlarnped as an army of obsel . ' ju tion. This measure has caused some surprise A , the capital, there bei ng no s i gns a t preseu t of 7,1 proachiug civil commotions, or o f war. The h e o pilot of the port of Naples has been sent t o Gel l he f to take the command of the Sicilia, and b r ing P e p back to Naples, where the judicial in qu i r y r esPe ing the late melancholy collision is to take plac e ' The sixth anniversary of th e C onst i tut i on as already stated by telegraphi c d espatc h , ce l e bra e at Turin on the 14th w i th great pomp. The ki13,1 the members of th e l eg i s l ature, the ministers, 91.0 all the great c i v il an d m i litary authorities Weill ' present at the solemn thanksgivings offered 111: ) ,. the cathedral, w hieh was decked out with ,1); coloured fla gs , an d ot h er su i ta b le symbols in'te spersed with app ropr i a t e i nscr i pt i ons, w hil e national guards were drawn up in parade on tiia square outside. The troops of the garrison lil? e d the Piazza Vittoria Emmanuele and the adjoitnl i f, streets. The King, on leaving the cathedral 11 received with loud cheers by the assembled ~ 1 7 tude, and the progress of the royal family to 141 , palace is described as a triumphal procession,, great Yras the enthusiasm of the people. The Ninv afterwards reviewed the troops in the Pia° Castello. THE PACIFIC MAIL. SOUTHAMPTON, WEDNESDAY' L By the Royal Mail Steam-ship Magdalena 11e ,n have accounts f rom th e P aci fi c por t s, an d d a t e s the 3d of Ap r il f rom V a l para i so, an d Callao 0e 6 12th. Th e P ac ifi c St eam N av i ga ti on C ompa q steamer Santiago arrived at Panama on the 20'" h ult. with $300,000 in specie on freight. From Valparaiso we learn that the Russis ii , frigate Diana sailed thence on the 23d of Moo t ! ostensibly for the Sandwich Islands. The British; frigate President left on the 21st, and at the las' accounts was with the Trincomalee at Calloa. V ie postal arrangements of the Chilian Governmen t had given great dissatisfaction. The markets Were more active, but prices of goods were low, t°` arrivals round Cape Horn having been numerous; Freights were high, but, owing to the scarcity °' vessels, little was done. From Bolivia the only news of importance is tl the effect that General Belzu was at La Paz, an d in correspondence with General Castilla, the Peru vian insurgent leader, to whom he was about to send money, arms, and troops. Accounts from Peru state that the city of Ouzo° pronouned against the Government on the 16tP of March. General Castilla was said to be in the vicinity of that place. President Echenivue re' remained inactive at Lima, but was to march at the head of the Government troops within 20 days t f i hazard a general battl e . Th e titl e o f Lib era t o r o f Peru had been conterred on Castilla at Ariquips• It was generally believed that the Government ive s growing weaker day by day, and the revolutionary party gaining strength. The British ship An n ,. Dashwood went ashore on San Lorenz o on the 7W . of April, and became a total wreck. There Iva ° 42 American and 65 English vessels at the Chinchas at the last accounts. The French ships La For t and L'Eurydice were at Callao. Seamen vier ° very scarce, and there was room for 1,000 extra hands. Six or seven vessels were lying at th© Chinchas waiting crews to take them home. ELI" change on England, 46 ; United States, 5 Pe r ceAte Ic