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

Zibg LONDON, THURSDAY, MAY 18, 1854. 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 the 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 diploma tic 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 tETTE 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 made 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 LAviriarrE's petulance and precipitation ? The dispute between the Sublime Porte and General BARA.GIJA.Y 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. th ere may not be, under any conjuncture of c lr e'lradances, even the most passing or momentary interruption to the cordial good feeling which at len g th eltigsta between the French and English— should. j is it z koet .,.., 'Y to be regretted that an y one opardise the continuan ce o f goo d f eel i ng Is it not lamentable that qu estions ~ Fles, or doubts, or h es it a ti ons ? prefeYzenc e should be raised of pri o rity or by those whose main responsibility it is t o • t sustainin g th e otherwise uninterruptedand Prevailin e —.we mean among the allies g quanimity o SULTAN in their general bearing towards each ot h er ? Every thing considered therefore ~ rememberi ng vit a l importance that the union between France and England should be illustrated in proximity t o the seat of war by the most perfect understanding between the Envoys from the Courts of St. James's and the Tuileries—we do regard it as likely t o be a subject for sincere rejoicing, the prospective 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 are to be added to the weighty responsibilities already im posed upon Marshal ST. ARNAUD, in his capacity 48 Co mMander-in-Chiel of the French forces in the East, or whether some other personage is to of nominat e d b y I mperial decree as the successor f General BARAOUAY D'Efausas, it is, at any rate, very generally understood that the last mentioned is a t once diplomatic to be withdrawn f rom hi s post at Constantinople. His recall will no more b e re gretted, we believe, th an was the recall of M. DE LAvjaartg. Anxieties of a somewhat distressing kind will thus be effectually dissipated, and the uttnopt reliance will be reposed THE -I - I - 11N, LONDON, THURSDAY EVENING-, MAY 18 5 L 834. THEATRE ROYAL DEITRY LAND. Lame, Mr. E. T. Smith. THIS EVENING, MAT IS, MU be porfomied PIDELIO. Leonora. Madame Caradori ; Threaten, Herr Reichardt; and Rocco, Herr Formes. Followed by (23 time) a new R ILLET DIVERTISSEMENT. entitled UNE FETE EN OLYMPE. pricee—Stalls, 78; Dress Circle, 39.; Boxes, 3s. ; Pit. 2s. ; Gallery, Is. • end Private Boxes, One, Two, Th ree and Four Guineas. The it,5;...0100 open daily from Tee till six, where places may be secured. Private Boxes and Stalls to be had of Mesas. Leader and go o k, 63. New Bond-street. THEATRE ROYAL HAYM &RICKY. Under the management of air. Buckstone. THIS EVENING, MaT IS, Will be performed , TOWN AND COUNTRY. Characters by Mtwara Compton, Chippendale, George Yandenhoff, and Buckstone ; Miss Featherstone and Miss Reynolds. After which, the entirely new and original extravaganza, entitled al a. fILICKSTONE'S VOYAGE ROUND THE GLOBE (IN LEI c,,LirEit•SQUARE), written by J. R. Planc.h. Esq, Principal charaeters by Mr. Buckstone, Mr. W. Farren. Mr. Clark, Mr. J. Marshal. Mr. H. Marshall ; Mrs. Fitzwilliam, Mrs. Caulfield, Miss E. Grey, Miss Lydia Thompacn, Miss Laura Morris, and Miss Featherstone,. Followed by WILLIKIND AND HYS DINAH. Supported by Messrs. Buckstone and Corti ; Miss Louisa Howard, Km Fit awU " !lain, and Mrs. Caulfield. ROYAL PRINCESS'S THEATRE, OXFORD-STREET. Cade, the Management of Mr. CHARLES KEAN. THIS EVENING, May IS. Will be performed THE MARRIED UNMARRIED. Characters by Messes. W. Lacy, Ryder. and Cathcart; and Misses Heath and Murray. Followed by rAtTir AND MARGUERITE. Characters by :Messrs. C. Kean and David Fisher ; Mrs. WLnstatley and Miss C. Leclemq. After which, AWAY WITH MELANCHOLY. Characters by Messrs. Meadows, D. Fisher, and Saker ; and Misses Murray and Daly. THEATRE ROYAL ADELPHI, Proprietor, Mr. B. Webeter.—Direetress, Madame Celeste. THIS EVENING, Milt 18, Beamin Webster Will be perlbrmed TWO LOVES AND A LIFE. Supported by Messrs. C. Selby, Leigh Murray. nj , Keeley, and 0. 4 uttl ; Miss Woolgar and Madame Celeste. Followed by THE MOUSTACHE MOVEMENT. Principal cha racters by Messrs. 0. Smith, Keeley, and ?smile; Mrs. K ee l ey , and Miss Mary Keeley. After which, THE OVERLAND JOURNEY TO CONSTANTI NOPLE, A 3 UNDERTAKEN BY LORD BATEMAN, WITH INTERESTING PARTICULARS OF THE FAIR SOPHIA. ROYAL OLYMPIC THEATRE. Lessee and Manager, Mr. A. Wigan. THIS EVENING, Mar 13. will be performed FIGHTING BY PROXY. Characters by Robson and Wigan; and Miss E. Turner. After which, T'dE HAPPIEST DAY OF MY LIFE. Cha racters by Messrs. F. Robson, J. H. White, Leslie, and Vincent; Dirs. Chatterley, Miss P. Hortou,•and Miss Marston. To be followertby TO OBLIGE BENSON. Supported by Messrs. Emery, Rob 0,1, and Leslie; Mrs. Stirling end Miss Wyndham. STRAND THEATRE. Sole Leans Mr. F. W. Allcroft.—Directress, Miss Rebecca Isaacs. THIS EVENING, MAT 18, Wlll be performed THE GARDENER OF VERSAILLES. To be followed by BOX AND COX IN KAFIR LAND. After ighieh, a BALLET DIVERTISSEMENT. To be followed by SUMMER FLOWERS. To IYlnelnde with MR. AND MRS. WHITE. Boxes, 3s. ; Pit, la. 6d ; Gallery, 6d. ; Private Boxes, 41 11 . s. 6d., to be had of Mr. Alleroft. 15; New Bond-street. AstLzrs EUROPE'S NATIONAL AMP RITREATRE. Lessee and Manager. Mr. William Cooke. VHS EVENING, MAY 18. Wlll be presented the new grand Nautical and Equestrian spec tacle, embodying n ivel and extraordinary erlects (wrt.ten by Mr. Nelson Lee), entitled A TALE OF THE SPA NISH WAR; or. The Horse of the Wreck. The horses expressly trained by Mr. W. Cooke. Followed by an entire change of the Scams of the CIRCLE. To conclude with a Grand Ballet, entitled THE STAR OF THE RHINE. litoz-once open from Eleven till Four. Stage Manager. Mr. W. West. HIGH WATER AT LONDON BRIDGE. TIII4 DAY —Morning 55 min.after 5 I Evening 25 mtn.aft. 6 To 4 finutow—Xorning 56 min.after 6 I Evening 32 tnin.a.ft. 7 THIS WEATHER.—Suis Ovrtcoi, 3IAT 18. TEIRRMOMETRR, IN THE ►SSADR. 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. ~~ ,§un, in the unselfish co-operation of the subjects of VICTORIA 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 together adventured. Public attention is now strongly directed to the operation of the Bank Charter Act of 1844 ; and a general opinion prevails that something must be done to modify its stringent regulati ons , or that a panic will prevail exceeding in int ens it y that of October, 1847, and apreading ruin and dismay throughout the industrious classes. W e have witnessed the steady progress of the drain of bullion, and the diminution as well of the notes i n 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 5? 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 interrogatory has 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 be 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.--r-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 no fixed reso lution. We might agree with the argument, had the question related to any other to • Bu t topic. 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 declared 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, PREJUDICR and IGNORANCE, lent their aid to keep it from general view ; but at the first summons from the good knight, Monetary Science, the rottenness of the foundation will be discovered, and the deceptiva 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 nestic use ? Why are from 40,000,0001. to 5 0,000,0001. 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 itfor the less cumbrous and f 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 an equal amount, we find 3,000,000/. per annum lost 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 4t raightforward spirit, we have no doubt that t ruth will pr e ,rail, and that the national currenc y will speedily be placed on a just and proper foundation. Lao press already owes much to the persever ance and tact of Mr. MILNER GIBSON, and it seems not un lil i.ely to. owe him yet more. His generalship on Tuesd a y Chancellor it was ll'•=.l.e night was. cer t a i n ly ad mirable ; o f ;the ,he well kne w , w h en th e Exchequer was doubling; or increasing se venal taxes, to bid him stand and give up anot her. That official, so all-important during a war, would, of course, shake his head at being asked to, surrender nearly half a million of money, and the Rouse must support him. Mr. GII3SON, there afore, confined himself to underrnin] ing the fou ad ation of a tax which he dare not batter d ire icily, with the full intention no doubt of sprir a ging his mine when foreign foes shall cease to divert us from domestic improve ments. liis wore ardent colleague, indeed, Mr. 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. Giesozes 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 prothising 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 in them, generally escape; so do " class journals," if powerful enough to fight Mr. TIMM, who, however, incontinently indemnifies himself on journals not backed by a proprietor who refers Mr. Thant 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 if the Builder, the Racing 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 debate. Mr. BRIGHT'S earnest appeals against the stamp, as a tax on knowledge and education, will have their weight, of course, but were irrelevant to the main fact to which Mr. Gil:lsm compelled the assent of the House of Commons, Government officials 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 the House of Commons. Of course the discussion pointed to the abolition of the tax, and on that subject Mr. BED:awes 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 would be most unreasonable to expect the Post-office to 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 halfpe►any 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 may 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-one 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 country. THE EARL OF LIOHFIELD.—It is stated that this nobleman (late Lord Anson) has purchased the Gondola yacht from Mr. Woodhouse, and intends to embark on an extended aquatic excursion early in the season. DEATH OF THE 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 or EXOHANGE.—The French rate of exchange continues firm at previous rates. Another favourable fact is that silver and dollars are ill 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 MOL'T 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 thy., war, approach your Majesty with the humble expression of our devoted loyalty and attach ment to your Majesty's throne and person, and we fervently 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 enduring peace. " J. N. MURPHY Mayor of Cork. - , " A.LEXANDER lITARTRY, 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 burgess es o f Cork in council assembled, which accompanies your letter of the lot inst., and I have the satisfaction to inform you th at her Majesty was pleased to receive the same very graciously. -_I am, sir, your obedient servant, The Town Clerk of Cork , " " PALMINOTON." MONEY MARKE T AND COMMERCIAL 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 indig• 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 scriptions the fall has been about Cid per lb. Madras good and fine (being scarce) sold at about last sale's rates ; the ordinary sorts were 3d to 4d per lb. lower, as 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 Pale : Fine shipping 6d to is lower ; good ditto, 4d to 6d lower; broken and consuming, 4d to 6d lower; Madras, good and fine, par to 3d lower; middling ordinary, 3d to 4d lower ; Burpah, 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 male 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 fro* 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 quantity ofgold 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 ls. 114 d. on Madras, and 2s. on Bombay. This would appear to indicate either a falling off in the domand for remittance that may result in smaller specie exports hence, or otherwise larger payments to be 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 minimum, 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 to 51 per cent. The 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 Company 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 by Austria having the 'effect of strengthening the impression that Russia cannot long resist such a coalition. Consols have been 88g to 89 for transfer, and 88i to 4 for account. The New 31- per Cents. have been marked 88± to 884, and the 3 per Cents. 874 to . 1 ; -. 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 regards Spanish American and speculative stock, but there have been several bargains in Northern Bonds• Russian 5 per Cents, have declined to 95 and 90, and the 41 per Cents. to 811. Belgian 44 per Cents. have been at 90, and Dutch 2 per Cents, at 584 to 59. Spanish Deferred Bonds are I.Bg 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 11., 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. 1853. Great Western North-Western South-Western Brighton Midland South-Eastern.... 16,142 14,210 Caledonian, and Edin. and Glasgow 16,385 14,086 Great Northern 18,069 15,742 Lancashire and Yorkshire 19,047 18,895 York and North Midland Newcastle and Berwick } 28,308 26,339 Leeds Northern BRITISH FUNDS THIS DAY AT ONE O'CLOCK ( Prom the Official List. Rosiness done. Bank Stock .. 88 I 9 8 3 4 N ep p e we r r 3cCi Cent. r C o ns ol sßeduced Cent. AAn A nn n n u t e t u i te i t se i s e s 8 N 2 Long Annuities, Expire s th Jan., 1860 -16 } Dittc. 30 Years, Expire 10th Oct., 1859 4 5-16 India Stock 235 Consols for Account eth June BB4 a Exchequer Bills, 2d. 000 21 Small 1 p PRICE OF FOREIGN FUNDS AT ONE O'CLOCK Russian Bonds, 1822, 5 per Cent. St 9si 5 Ditto for the Account 95 1 4i Sardinian Bonds, 5 per Cent Bl4 Spanish New Deferred, 3 per Cent., Ditto for the Account lBg 4 Ditto Passive (Converted) Dividends on the above payable in London. Belgian Bonds 4i per Cent. ox. 25 fr Dutch Exchange, 24 per Cent. 12 Guil Ditto 4 per Cent. Certificates HALF-PAST TWO. Consols BBl PA 88; Ditto June Account OPENING THE NEW STREET TO ST. PAUL'S.—The last 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 leaves May 27 ; for Rio de Janeiro, Buenos Ayres, and Monte Video, by a steamer which leaves June 1, and for Hudson's Bay, Vancouver Island, and Sandwich Islands, by vessels which leave England during this month. SHIP ON FIRS.—MELBOURNE, 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 closest examination of the larlen hold, ascertained that the coal had become ignited by spontaneous combustion. To attempt t o ext i ngu i s h th e fire by removing 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 adopted, and the captain, the first officer, and a few of the crew, to whom alone the perilous accident was known, watched with anxious solicitude for the general safety, and whilst the captain cracked on the vessel 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 spirits. The fire was subdued, and . there is littl e d ou b t b ut that she will de li ver h er cargo In good order,—Shipping Qazdtc. LA FEST FOREIGN NEWS. THE WAR. CONSTANTINOPLE, MAY B.—Narvik Paella, who, was lately charged with the negotiation of a loan, is appointed Ambassador at Paris. Masluin 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 Mazur. 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 9th inst., state that the British fleet had been 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 lowed 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 Muskey; 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. Th e following is an 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 day at anchor in a smooth water cove on the Swedish coast has tempted me to write to you, as no doubt 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 heed-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, and the rest paddle-wheel steamers. The remainder of the fleet, screw-frigates and paddles, and about six more liners, are cruising about the Baltic off the Gulf of Finland. The fleet has come here a month too soon, the ice having only just broken up at Sweaborg and Cronstadt. On Sunday there was a thick snow storm, and ice falls from the rigging 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 us. Tne King 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 poor na vy onn manyand Danisheb r e s g. g a e n o ddr Swedish C to ou b rl e a n sentd e r s L, offeredground. a England, t o ny of these enterand ouro on leaving the 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, and 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 casemated 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 ships ; immediately alter 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 fleet. 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 &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. Their great gun exercise is not so quick as ours, the command being `un, 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 Gelendelhik 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 Tultscha. 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, but, as it was given out, without result. A di vision of frigates had steamed away and gone to destroy the Russian forts of Redutkale, Suchum kale, and Auapa, on the Circassian coast. The Russian fleet keeps snug at anchor behind stone walls, 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 Koln Gazette 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 hound to the Circassian coast, as they have em barked large quantities of ammunition and guns, besides which Seffer Pacha and Beseeh Pacha, both Circassians, 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 Pacha, 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 Memdouli 4 A Cade Zerad 74 Feuftah Zehad Garan Bahri Cheref Numa 2O Djai Ferakh Guns. Peiki Messareh Techrifi 6 Nousretie 74 Myoum Behir 6 Ferakh Nurua 2O Shaika 2O STEAM Guns. Muklibirri Surur 26 Chaiki Chadi Shakkper 8 Peiki•fiz Slurs, Gum Ge'gi Bahri 22 Megidt 6 Messhi Bahri 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 in vested Silistria by land on the right bank of the Danube. The Moniteur de l' Armee thus describes the respective positions otthe belligerent armies since the evacuation of Lesser Wallachia . by the Rus sians : " 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 is at Pilesti, an important 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 soya, and occupies the Dobrudscha, communicating, by Odessa, with the troopi; 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 D anu b e. Its real force may be calculated at between 150,000 and 180,000 men. The second reserves are still on the banks of the Dnieper, their effective force being unknowa. The Turks, wt.o have' likewise effected a movement of concentration since I their adversaries abandoned the environs of Kalafat, oc oupy the following positrons:—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 troops which lately garrisoned Widdin and Kalafat, and of a portion of the reserve, ordered to join from Sophia. The centre faces that of the , Russian army, between Nicopolis and Sills occupying the fortified points of Rustciauk, Tur tukai, and Silistria, the garrisons of which have been lately reinforced from Shumla by order of Omer Pacha. The reserve of the centre is stationed at Shumla. The Tight wing lines Trajan's Wall, with its reserve at Bazardjiek and Varna. The Turkish force on those different points may be estimated at from 120,000 to 180,000 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 forces of the two belligerent Powers opposed to each other 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, estimates 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 Paella has written to his Government to propose that a regular exchange of prisoners shall be effected. The Lloyd also adds that putrid fever is making great ravages in the Russian army of the Dobrudscha. 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 Shumla. 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 spcndent of the (lest. Deutsche Post writes that the offensive operations of the allied armies will soon commence, " but not on the Turkish soil." All the best tacticianscousider Prince Gortschakoff's expedition into the Dobrudschaa strategical bl under. The Constantinople writer- further says, that the Russians have experienced such severe checks neat Rassova that they have probably lost all inclination to renew 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 tak..n to Varna, and three brought into the Bosphorus. Omer Pasha has had several of the Bashi-Bazouks beheaded. Some 600 of these fellows nut long since were taken on board the British steamer Astrologer at Trebi zond, and just as they were starting for Batoum, 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 Batoum up to St. Nicholas has been fortified according to plans drawn by European engineers. Selim Pasha is pre paring for au 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 Prussianf. outier. Twenty thousand men are marching towards Petrikan and Geusto chan, which are only a few miles from the frontier. The Presse contains an article iu answer to the assertion of the Journal de &. Petersbourg, that "during the war the nobles would give up oue 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 403 f. The Passe 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 Dearly 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 refu se d 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 uility, 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 wore 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 Prevesais fully restored. The road to Janina will shortly be entirely free, It is said that a new Auglo-French note has ar rived at Athens. 8,000 Belgian muskets, destined for Greece, have been confiscated at Malta. Some transports, conveying 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 Greece is to be required, by the allied Powers, to give in its adherence to the protocol of Vienna. The kew Kaimakan of Samos, Jan Mika, 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. FRAN CE. 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 Power 3, 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 he firmer, and more determined in his adhesion to the alliance, than is supposed in some quarters • and he is now more secur e th an ever i n hi s post as Minister of Foreign Affairs. The French Government has no longer any uneasiness as to the resolution which the Prussian Government will ultimately adopt. It has never yet attempted to get rid of its engage dients hitherto; and notwithstanding some evident tergiversations i n th e m i n d o f the ing, nothing has occurred to show that it has ever contemplated the idea of shaking them off.. On the same subject the limes 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 ma y havel;ungovWiT:te policy of that Power, or an y 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 Willingness to ad when the proper time for action should arrive, appear now to dissipated ; and even by those whose incredulity endured to the last it is now averred that Austria is acting at this moment as becomes a gm! t Power d es i rous o f th row i ng o ff the tutelage of ' u, i Russia, a n d o f sus t a i n i ng its independence. -1, deed, u n l ess th e blackest treason be contemp lated, the assurances given by the Cabinet o f VienVienneand parti.mlarly by the young and high spirited Emperor, le ave us li t tl e to d es i re , and ther e is reason to believe that the cry of Ville ZBu triche will soon be associated in the comPlite e—. tary phrases exchanged between France and Beg; land. You are already aware that M. (now Baro n) von Hubner has returned to Paris after his s hort ' visit to Vienna. With all the caution which chara& terises every one connected with Austrian diplareaeP and the mystery which covers its proceedings, it i r nevertheless known th a t th e exp l ana ti o ns given that Minister are !such as to j ustity the most confide!) hopes ; and a person who is generally well-infor ra e r on these matters has thi s day declared it as 11 ! opinion that, before the lapse of a fortnight, a forma rupture will take placa between Austria and Russi": For the honour of Austria it must also be said do' if a change for the better be observable in the Bet lin Cabinet, it is principally owing to the pressure exercised upon it by teat power. She has NI recently remonstrated with Pru ss ia in ter s neither the Cabinet nor the King could disregss" She has reminded Prussia of what she appeared to forget, namely, that she was a p ar ty t o the sclera ° acts which bound the four Powers to a commo n policy, and declared that sh e wou ld cons ider te e conduct she had given some indications of pursuing' to be in total contradiction to these engagement s 5 that they signified nothing more or less than a r e. ,fusal to execute those pledges, and that the Den realization of them would be regarded by Austria as an act against herself. Austria has declared he r readiness to act with the Western Powers, but before advancing she insisted upon knowing the court which Prussia proposed to follow, while she hers' was engaged. Such, lam assured, is, in substance the language employed by Austria. The answer of Prussia is said to be satisfactory, and the car munication which, as I mentioned yesterday, vi a ! received by the French Government, announce : such to be the case . Th e resu l t i s, that t h n cg , ! Prussia may be as e arnes t an d as zealous 0' the cause as desirable, yet much satisfaction is er pressed at the change which is said to have come over her councils ; and, if matters progress in th e same favourable way, we may soon expect to see, the Emperor Nicholas h emme d i n b y a c i rc le et enemies. As it is, his position is bad enough ; whe t will it be when his dearest friend is forced by or" cumstances, if not induced by goodwill, to destroy the only chance he had of making a diversion in his favour. The French seem to be quite aware of the right plans for shipping troops speedily, as witness the following statement from the Si alta Mailof May 12 "The French Government have become the ownere by purchase of the three steam-ships lately in this harbour, the Golden Fleece, the Emu, and the KW garoo, and they will change owners as soon as the contract for which they are hired to the English Government has expired. Built in the hope of obtaining the contract for the line to Australia, these fine ships were, as it were, on the offers being de clined, thrown on the hands of the company, who, having no other object in view in which they could employ vessels of their size and speed, came to the resolution of accepting the offers made, and bi which, we believe, they have realised a profit that may solace them for the loss of the Australian con tract. It is matter of regret, however, that those ships have not become the property of the British Government rather than that of any other in the world, however friendly soever it be." The interest on Treasury Bonds is fixed, after the 18th of May, at 31- per cent. for bonds of three to five months, at 4 per cent. of six to eleven months, and at 4i per cent, of twelve months. The Tnree per Cents. opened yesterday at 661. 95c. I and closed at 67f. 80c. for the end of the month; the Four-and-a-Half per Cents. closed at 93f. 90c. ; and the New Loan at 67f.; Orleans Railway Shares, 1,107 f. 50c.•, Rouen ' 910 f. ; Havr e , 460 f. • Great Northern, 795 f. ; Strasburg, 745 f. ; N e w 'Shares, 5821. 50c. ; Paris and Lyons, 897 f. 50c. ; Lyons to the Mediterranean, 740 f. ; Western of France, 615 f. ; Bordeaux and Cette, 5601. ; Great Central of France, 482 f. 50c. ; Lyons to Geneva, 471 1 . 25c. ; Bank of Credit Mobilier, 607 f. 50e. Ww ~. AUSTRIA. The Austrian Government has published an ac count of the receips of the Treasury for 1853. It shows a falling off of 56,000,000 of florins. PRUSSIA. The negotiations with Russia for a treaty of commerce, have completely failed. All that has been agreed upon is, to give facilities to commerce on the frontiers. Severhl of the Berlin journals state that at Backeburg, in the principality of Schauenburg- Lippe, some Prussian subjects have been condemned by the tribunal of correctional police to rather a lon imprisonment, for having been present at a religious meeting presided over by an anabaptist missionary. The German Journal of Frankfort states from Berlin that there is no foundation for the assertion of the Cologne Gazette, that the King of Prussia has, on the application of the Prince of Prussia, deprived him of his military functions. The • same journal says there is a rumour at Berlin that the German powers propose to send an " army of pacification" to Greece instead of the intervention proposed by France and England. We learn from another source that the Prince of Prussia has been prevailed on, at the especial re quest of the King, to return to Berlin on the 7th of June, the anniversary of the death of their father, a day always observed by the royal family. ITALY. A letter from Naples of the 9th, in the Parla mento of Turin, states that the King has taken an active part this year in the late exercises and ma noeuvres of the troops, which usually take place in the spring season. This year, however, the troops called out are not to return to their cantonments, but are to remain encamped as an army of observa tion. This measure has caused some surprise in the capital, there being no signs at present of ap proaching civil commotions, or of war. The head pilot of the 'port of Naples has been sent to Genoa, to take the command of the Sicilia, and bring her back to Naples, where the judicial inquiry respect ing the late melancholy collision is to take place. The sixth anniversary of the Constitution was, as already stated by telegraphic despatch, celebrated at Turin on the 14th with great pomp. The king, the members of the legislature, the ministers, and all the great civil and military authorities were present at the solemn thanksgivings offered up in the cathedral, which was decked out with tri coloured flags, and other suitable symbols inter spersed with appropriate inscriptions, while the national guards were drawn up in parade on the square outside. The troops of the garrison lined the Piazza Vittoria Emmanuel° and the adjoining streets. The King, on leaving the cathedral was received with loud cheers by the assembled multi tude, and the progress of the royal family to the palace is described as a triumphal procession, so great was the enthusiasm of the people. The King afterwards reviewed the troops in the Piazza Castello. THE PACIFIC MAIL. SOUTHAMPTON, WEDNESDAY. By the Royal Mail Steam-ship Magdalena we have accounts from the Pacific ports, and dates to the 3d of April from Valparaiso, and Callao the 12th. The Pacific Steam Navigation Company's steamer Santiago arrived at Panama on the 20th ult. with $300,000 in specie on freight. From Valparaiso we learn that the Russian frigate Diana sailed thence on the 23d of March, ostensibly for the Sandwich Islands. The British frigate President left on the 21st, and at the last accounts was with the Trincomalee at Calloa. The postal arrangements of the Chilian Government had given great dissatisfaction. , The markets were more active, but prices of goods were low, the arrivals round Cape Horn having been numerous. Freights were high, but, owing to the scarcity of vessels, little was done. From Bolivia the only news of importance is to the effect that General Be!zu was at La Paz, and 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 Cuzco pronouned against the Government on the 16th 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 to hazard a general battle. The title of Liberator of Peru had been conferred on Castilla at Ariquipa. It was generally believed that the Government was growing weaker day by day, and the revolutionary party gaining strength. The British ship Ann Dashwood went ashore on San Lorenzo on the 7th of April, and became a total wreck. There were 42 American and 65 English vessels at the Chinchas at the last accounts. The French ships La Fort and L'Eurydice were at Callao. Seamen were very scarce, and there was room for 1,000 extra hands. Six or seven vessels were lying at the Chinchas waiting crews to take them home. Ex change on England, 46i ; United States, 5 per cent• rii - ~-~- DTI Pebbl e .. Chorus.. P ara. Content' SWI Iland sot Freckle Sesostrit Annie Ratapla dian Wa ARRIN Paßtrycc St. Spin Kidnap l Pope Jo 14, P Der ee br , y lrn T .84 tA act* Vrago lig od Wilit4 ditto . 11 1)p1 3 eu ditt o lt fair y A: , utt o u] oth'i ~., NE N q ottte beef, to 4, sot) Vag r c f O IION9 4i 10, Pork, Mid SI Ito this rc ter ms p o rk 22 3 t( , Lot Oreez, . Co, 4rora E:t l'°Urt Op Su ) Yo n i a fo r c 13u SI from %le' El tO I frou k e k