The Sun. — London, England, 1854-05-09 00:00:00

)f the Than iming lesion might mely, f Par- Chan come inva th the Chan :7 that of the a loan r). It 6nctios ques -Art of present s. By entered ject it. ink fit, ct then 3 to re e when -om the tice for known Parlia he day, y before ;ht not,. ;uss the link fit, the con- practise ontract, Parlia -1 his ob 6rd that 3 was by was an' lerstood nstance. tic knew nce hack ming to rhenever ire to go )red the of apply he 'lane dear .) •actice• to his mairr entity or )re them. raised. Che right for the , as called be whole to money atremely ht not to feel it to to a vote u ally ask i t takt the As to the there 'rag tice w:.'-g -preceden't depended d as best right in rs in the ',ant occa id on ac :en incon ns of the ;o usage ; lens being ity-gover ley were only, and' tendered on on his the hands for what not bound their own the house nt, he was• a salutary gentleman ,use on the very much Leman had had raised recollected Live autho rs case c, and then t instance, -as the rn in did nof - . could cover would, at a imittee. what they rote, which ,the house mma which ormal vote. 3 concluded decision on% ation of it r -say a week rties world forward he tion of de- rhether the What he ted at half the Chan duce a bill, floe day, in lures of the ;enable one, Ta, and the 6,024,1001.) reed to. A Bill and ;ach a third the further a first order mmittee to Ltion of the taining the ad whether the smaller growth of lotion. Ile 'ould realise the CroWn• gentlem as e. LVY. in a bill for' re effectual resent war. T Majesty's ze, bounty*, officers and and for the ereto. Tha prize bills, favourable id with the nanent J. Pecbell, .f the titlegr the weight,. newspapers,. making the ►s whatever- Leman there as possible ; KJ quite eon- re based on • tral. (Hear.) ... 36 ... 52-1 6 )ck. AY 8. le laid before •esses of pub" 111 register ed . withou S 3s 52. son, J. eld, W. Capt. G. Lord D. Lt.-Col. J. ;, G. 5,N. KLLE Sir J • I, E. 11.. r. Roundel' ;ton, Vlsot• Le a. J. ,nl. 11. N• Sir J. 'ELLERS. TREATRE ROYAL DRURY LANE. Lessee, Mr. E. T. Smith. THIS EVENING, Mly 9, Will be Peri ocrned DER F REI , C 11U rz. Characters by Madame C radon, and lidlle. sedlazek ; Herr Reichardt, and Herr Formes. (Mowed b y a BALLET DIVERTISSEMENT. Prices —Sts %Es, 7s; Dress Circle, 55.; Boxes, 3s ; Pit, 2s. ; Gallery, lc; and Pri ra t e B oxes , O ne , T wo , Three and Four Guineas. The " - office o pen daily from Ten till Six, where places may be secured. Pr Iv Ate Boxes and Stalls to be had of Messrs. Leader and Cock, 63, Ne w Bond-street. THE kTRE ROYAL HAYMARKET. Under the management of Muckstone THIS EVENING, MAT 9, Wili lw 3 performed SPEED THE PLOUGH. Characters by f, a i rrS• randenhoff, Compton, Rogers. and Chippendale; Miss E. aplin, Miss Louisa Howard, and Sirs. Stanley. Af ter which, the entirely new and oricinal extravaganza, entitled MR Ref ',KSTONE'S VOYAGE ROUND THE GLOBE (IN LEI rEt• SQUARE), written by J. It. Planche, Esq. i•rincipal character, s by Mr. Buckstone, Mr. W. Farren, Mr. Clark, sir. J. Ilr U. Marshall ; Mrs. Fitzwilliam, Mrs. Caulfield, Miss Grey, Miss Lydia Thompson, Miss Laura Morris, surd Miss r eathersb )ne. Folowe Iby WILLIKIND AN') HYS DINAH. Supported by esers. Adzstone and Corti • Miss Louisa Howar d, Mrs. Fitawil uzLl Cauideld. 11 01 AL NCES7i'S TILE A IRE, OXFORD-STREET. Under the Managem ant of Mr. CHARLES KEAN. THIS EVENING, MAY 9, IlessollowN 1 by 13.111 be performed T RIED UN MARRIED. Characters easrs.. W. Laey, Ryder, and Cathcart ; and Misses Heath and FAUST RUI Characters by L ed ra • C . Kean and Dav dßisher ; Mrs. Winstapley and Miss C. ere q . After . n .! hie, n AWAY WITII MELANCHOLY. Characters ty t h ; l • 3i .eadows, D. Fisher, and 6aker ; and Misses Murray and THEATRE ROYAL ADELPHI. Proprio :tor, Mr. B. Webster.—Directress, Madame Celeste. THIS EVENING, MAT 9, _ . MB. Selb lerformed TWO LOVES AND A LIFE. Supported by k in " 0.1 y, Leigh Murray, Benjamin Webster, Keeley, and 0. 1 -4 ; Mk es Woolgar aril. Malame Celeste. °ll "ved by THE WOUSTACIIE MOVENTENT. Principal cha racters /Lad bY Mlee Messrs. 0. Smith, Keeley, and ?smile; Mrs. Keeley, M ary KeeNOPLley. Alte r t ,Whl .ch, THE OVERT. IND JOURNEY TO CONiTIN H INT .S UNDERISKLEN BY LORD BA. TB WITII 4 RES'i 'ING PARTICULARS OF THE FAIR sOPLIIA. ROYAL OLYMPIC THEXTRE. Lessee and Manager, Mr. A. Wigan. THIS EVENING, MAT 9 . ra c t e ,... P. orformed THE lIA.PPIEST DAY OF MY TAFF:. chl,- -„ by Messrs. F. Robson, J. H. Wnite, Leslie, and Vincent; ' s "ottte rley, Miss P. Horton, and Miss Marstoo. Emerge fon owed by Leslie TO OBLIGE rs BENSON. Supported by Messrs. Ttol mon, and ; M. Stirling and Miss Wyndham. J' e g u t tlelt (de with the Farce of THE WANDERING MINST REL. J ="SgS, , Mr. F. Robson. STRAND THEATRE. 8414 Lessee s Mr. F. W. Allcroft.—Dlrectress , Miss Rebecca Isaacs. THIS EVENING, MAT 9, 1, -e performed NELL GWY NNE. „„ e Ztr LU KAFIRS, as they appeared at St . Geor g e's Galler y . itch, SUMMER FLO ArERS, in which the French Ballet `uDe WI 11 appear. TEI Z TI EIREE TURKISH RAZOR GRINDERS. i St alle, u I I.; Boxes, 3s. • Pit, Is. 6d; Gallery, td. ; Private Boxes, 8 * 6 d.., to be had of ' Mr. Aileron. 15, New Bond-street. SI% ETS EUROPE'S NATIONAL A.MP HIT REATRE. Lessee and Manager, Mr. William Cooke. THIS EVENING, MAT 9. WM b e t eea „ presented the new grand nautical and Equestrian spec. N ei Z_eirt bodying n mei and extraordinary effects (wriAen by Mr. Th e ." t), entitled A TALE OF THE SP.A.NI NEI WAR ; or, c ook ' - ` e oras of the Wreck. Th 3 horses expressly trained by 'lr. W. j"ollowed by an entire change of the Scenes of the CIRCLE , intro -14 Miss Emily Cooke. .r i t a a -9 . 7 e. B. B o l p a E nc . he, the celebrate) Continental Artl'te, on the To conclude with a Grand Pellet, entitled THE STAR OF THE W en - office open from Eleven till Four. Stage Manager, Mr. W. HIGH WATER AT LONDON BRIDGE. T0. 14 ;4 DA Y — Morning 37 min.aftor 11 I Evening 0 inin.aft 0 oaaaw—Morning 2 min.after 12 1 Evening 23 min.afr. 12 THE WEATHER.—SUN OPFL , 4, MAY 9. TEIERMOMETER, IN THE SHAD& 6 1—highest since noon yesterday. 44 —lowest this morning and during the night. 55 —this day at noon. BAROMETER, 29 . 77—a sudden vise. WIND, variable, having gone round from N. to S. within half an hour. There was heavy rain last night—hail and 41 ad rain yesterday afternoon—and some lightning and thunder to-day—weather unsettled—passing showers. c 4444v0 LONDON, TUESDAY, MAY 9, 1854. It may perhaps be just as well to bear in mind at this moment the proportion in which the people of England are taxed when compared with that in which similar burthens weigh upon the inhabitants of other countries of Christendom. A. consideration of this kind may be just as Well, we mean, all things considered, now that a aeries of extraordinary war taxes are about to be once more levied upon our population. Mr. "GLAnsrosrE's Financial Statement of last evening renders somewhat advisable, we conceive, this direct allusion to the relative financial position of the different Powers, so far at least as that posi tinn can be indicated by the distribution of the national debts, for each individual in the r esPective p o p u l a ti ons . For the proposition now laid before Parliament by the Chancellor of the Exchequer is no longer restricted to the 1:/ler e doubling of the Income Tax for one half lrear----it has been elaborated into a succession of l' r ePoaals in every respect much more remarkable. It iuTe Ives the necessity of raising, not 3,250,0001. over au d above the ordinary amount of the national l'eve nu(s in six months—by a simultaneous increase and extension of this obnoxious tax upon Incomes _` b ut 1i of providing, by means of th is tax, an ad -27i°11 to. that amount every successive half-year, long MS the war continues—or, in other words, an addit ion to the Revenue by Income Tax every /ea t rOf from 6,000,000/. to 7, 000 , 000 /. B e y ond which ti aenewßudget—not the soft-spoken Budget of i t he fith of. March, or the moderate one of th e i ol' April, but the daring and almost despe rate 01 1 s of the Bth of May—requires the imposi tion of no less than three supplementary war-bur tthuens cif a rather notable character. The first of e go) an increase of the spirit duty by is. per r i le% in Scotland, and by Bd. in Ireland—yield -45;0,000/. additional. The second, a re adjustment of the sugar duties—bringing in 7o0 ,0( " , )01. additional. The third, an increase of t " tar dt tax from 2s 9d., or rather from 2s. Bid. a nd a small fraction, to 4s. per bushel—giving a 1 1, 11111 )f not less than 2,450,0001. additional. - eutoge ither, an increase of the annual taxation to the ti me of about 10,000,0001. When Mr. GLAD: STONE has gone down to the House of Come eons on the Bth of May, with this bold and comp! i.ehensive proposition—having but ill pre pared the country for his new scheme, by his financial statement of the 6th of March, and his suppler nentary Budget of the 11th of April—it does ap pear to us reasonable that, for a few momonts at least,, the attention of the country should be directed, to the proportion in which, throughout the different countries of Christendom, the na tional debt of each is distributed among the vari ous populations. Refer Ling to an impartial authority, an ingeni eba financial work by Bony:AI-BR, we find that this distribution among individuals relatively rn the chief countries of the earth, is some- What remarkable. BODEMER calculates, of course, 1 4 German dollars, but the proportions are equally startling when viewed according to a nY system of calculation. The highest and t he lowest named in this extraordinary tabular statement are Holland and Nor- Way —Norway, where it is as a pressure of only 3 dollars, and Holland, where it is actu ally , as an incubus of 220 dollars p er individual . 11hese Powers, however, being exceptionally placed, rie turn for information to the proportion revealed by those countries which are arranged intermedi ately. And, curiously enough, we find England at the very top, and Russia at the very bottom, of the list—Russia the least heavily, and England the most heavily burthened, in Proportion to the aggregate amount of the po pulation! We find the National Debt of Russia Weighing as by nearly 8 dollars, and the National Debt of England weighing as by no less than 1 87 dollars per individual. Ascending the scale, We find the 8 dollars as in regard to Russia, in creased to 10 dollars in Prussia, to 13 dollars (on the average) in the United States of North America, to 14 dollars in Naples, to 19 in Aus tria, to 28 in Sardinia, to 33 in Portugal, to 38 in Belgium, to 40 in Denmark, to the same Iranat in France s and to 54 dollars in Spain, per individual. But the very highest of these (Spain) i 3 more than trebled, while the two next highest (France and Denmark) are nearly quadrupled by England, where, as we have seen, the pressure of the National Debt is as that, not of 54 dollars or of 40 dollars, but of as many as 187 doll4Lrs, on each individual of the popu lation. Allowance must, of course, be made for the relative commercial prosperity and general productiveness of the different States particulari sed. But even then the contrast pre sented must be allowed to be sufficiently startling and extraordinary. Remembering all which, the country will do well to weigh maturely in its consideration the scheme proposed by its noto riously exi)erimentalisiug Chancellor of the Ex chequer—now that his demand for war expenses has expanded, within au interval of four weeks, from little more than 3,000,0001. to be raised in half a year, to an annual addition of 10,000,000/. ! England will not grudge the expenses of the war, hove ver burdensome those expenses may be. The people of England are satisfied that the conflict upon which they have entered against Russia is a struggle in behalf of those pure and holy principles eulogised on the 3d instant at Paris, in a memorable speech by the Polish Prince CZARTORYSKI• In behalf of those lofty and glorious principles, they are pre pared to attest their patriotic devotedness by almost any sacrifices. There is no question what ever as to the reality of this loyal and unani mous enthusiasm of the people of England, in behalf of the great interests at stake in this war against Barbarism and Auto cracy. But with all their ardour in the mighty and momentous cause at issue, we do not for an instant believe that the people of the United Kingdom are prepared to place their delicate and complicated system of finance unconditionally at the disposal of any rash and bungling expe rimentalist. Mr. GLADSTONE has succeeded in achieving that which we had believed to be an absolute impos sibility. He has made even Sir CHARLES WOOD appear in a favourable light. He has proved that there might be a worse Minister of Finance than the Right Hon. Baronet the President of the India Board. It is needless to recapitulate his various proceedings, or the positive mischief which he inflicted on the country before he suc ceeded in accomplishing this extraordinary result. The different stages of his progress in the downward journey are but too painfully impressed on the popular mind to need repetition. Up to yesterday some doubt might have existed on the subject. The Right Hon. Gentleman had not so irretrievably fallen in general estimation but that a locus penitentice re mained. He would, no doubt, have found it a painful and arduous task to have attempted to regain the position from which he had fallen ; but a vigorous and straightforward line of policy might have done much. Had he set himself fairly and honestly to meet the increased expenditure of the country with the least possible increase to its obligations ; had he, to the utmost of his power, endeavoured to alleviate the burdens—to occasion the least possible disturbance to the trade and commerce of the nation, and to develope to the greatest extent practicable its industrial capabilities, his past errors might have been overlooked, and he himself exalted to a position higher than his most sanguine day-dreams could have visioned forth. But, unfortunately, he has not done any of these things. On the contrary, he has used his powers for the most mischievous purposes, and by his speech of last night, able and brilliant as it was in point of language and rhetorical arrange ment, irrevocaibly classed himself with the hope lessly incorrigil de. Indeed, henceforth, in place of appealing to Mir. GLAnsTorm, fiscal, financial, and monetary reformers must appeal from him to those from whom he holds his power—the People —and call on them to exert their irresistible power to hurl ltim ignominiously from a position for which he has proved himself to be wholly un fitted. He has ostentatiously assumed the entire responsibility of his measures. He allows no rival near the Throne—will not allow even his colleagues to participate in the very doubtful honours, or rather•, we should say, the certain disgrace, of the paternity of his financial abor tions. With the arrogance which he has so frequently and so unblushingly displayed, he gloried in his shame, while repeating the rather hackneyed verse— " Me, me, adsuzm qui feci in me convertite fern um." Many persons, however, would, doubtless, have considered the (potation more appropriate had he completed the &sentence by adding— " 0 .Rutuli, mea frans omnis," for that there has been, if not fraud and decep tion, something very nearly approaching thereto, it is impossible) to deny. We do not wish to charge the Financial Minister with treason to his Sovereign and to his country, with wilful and deliberate treachery ; but this we will say, that if he had drawn his inspiration direct from St. Petersburg, if his coffers had been filled with the richest produce of the Ural Mountains, he could not have adopted a course more favour able to the AUTOCRAT, more calculated to dis courage and dil3gust the English people, and in duce them to of ent to the doctrine of "Peace at any price," the , avowal whereof, by the effete Septuagenarian nominally at the head of the Go vernment has involved the nation in the arduous and formidable contest in which it is now engaged. Mr. GLADSTONE has put forward one point, and one only, inwhichhe willreceive the cordial concur rence of the community. Hehas emphatically repu diated the ridiculous fallacy that, because we are ai war, we should tnibmit to allthe crotchets or the un. wise and impolitic schemes of the Administration by whom that war has been occasioned, and many of whom—for we will not include Lord JOHN RUSSELL Or Lord PALMERSTON, pr others of their colleagues in the censure—persist with perverse and obstinate determination in their ruinous policy. The Right Honourable Gentleman says, " There are, indeed, those who say that a period of war is not a time when a question of confidence should be entertained. Sir, to that I reply, even as regards an Administration, still more as regards a Minister, and, most of all, a Minister of Finance, that a period of war is the very last when that important trust should be committed to hands that have been discredited in the view of the House and the country !" And again, when he had been for a considerable time on his legs, and had thoroughly warmed on his subject " Now, don't let it be said that this is a time of war, and that therefore the question of confidence should not be raised. It being a time of war is the very reason why you should make up your minds whe ther financial matters have been mismanaged or not 1" We entirely agree with these opinions, and shall not hesitate, therefore, in calling upon the different constituencies and their representa tives in Parliament to accept the arrogant chal lenge, the unequivocal defiance that has been flung forth. That argument has at least been taken away by the Right Hon. Gentleman himself, and is no longer tenable either to friend or foe as a means of defence for the one or an excuse for apathy or inactivity to the other. It is time that we should briefly notice the natu re this decided condemnation. ofthep n r d op em os n it a i t o i n o s n w. N. 3 Budget hichohavecalled i forth no rth less objectionable for its acts of omission than of commission—for what it leaves undone than what it does, or rather for what it attempts to do. There is nothing whatsoever to restore the shattered finance of the country, to arrest the stream of bullion leaving our shores, or to offer an efficient substi tute in its place. There is to be no modification of the iniquitous Bank Charter Act, nothing to mitigate its atrocious enactments, or to give a free trade in money or in banking. And while the monetary laws are still retained, w s e l a u r a e na c sd a ae l br l to e eh d ra o ur resources by paying off to bear the en tire expenses stffi o o f nmeao t lon h rv e edee w rtbs a hti roa;ini eight Nay, mo re, to do so a fter havin g propose that the m pr i i l o l o ion s of sterling .n g the holders of South equi valentstaon. HwehidcoheshenGoo offeredtfA DetsivlTeeonNtonEa, THE SUN, LONDON, TUESDAY EVENING, MAY 9, 1854. Sea Stock should be sold for the benefit of the tax-paying community. We are, therefore, not merely to bear the increased outlay, but to liquidate eight millions of debt, which we were not called on or required to pay. How, then, is this to be done ? How much does he ask to be raised from the already over burdened people? No less than 10,157,0001. sterling !1 or, 6,850,000 1 . ! ! ! beyond the in crease already sanctioned. More than ten millions sterling put on the industry of the country at one fell swoop, and, as we maintain, without any excuse or justification. It is too bad—the mere figures are sufficient without looking further. But what are the exact figures ? The Income Tax is to he permanently doubled. The charge that was to be entirely wiped out because it could not be rendered equitable, is to be not merely perpetuated, but doubled ! and that without an effort to approximate to jus tice, or make it in any degree more tolerable. Here is six millions and a half—or nearly two thirds of the amount at once. Then comes an increase of the spirit duties in Scotland and Ire land-Is. per gallon in the former country, Bd. in the latter. The smuggler and the illicit distiller may thank the Honourable Gentleman—for they alone will reap the profits of the change. 450,0001. will, it is supposed, we believe erroneously supposed, be received from this source. Then comes an addition to the sugar duties, an increased tax on the " corn of the tropics," which will prevent the use of that cheap and wholesome luxury to many of the working classes. 700,0001. will, it is an ticipated, be derived from that change. We greatly doubt the fact. The remainder of the fund is to be made up by the augmentation of the malt duties by nearly 50 per cent., or, in other words, an increase from 2s. 9d. to 4s. per bushel. This is to give 2,450,000/. increase. Again, we doubt whether these anticipations can be realised. The scheme, however, is not to be dis cussed in Parliament until next Monday, and before that time we shall have abundant oppor tunity to consider it in all its details. We have for the present said enough to show that it is not deserving of acceptance, nor its author of a con tinuance of the confidence which he has so grossly abused. PROPOSED RESOLUTIONS RELATING TO hXCHEQUER BONDS AIV D EXCHEQUER BILLS. The following were the resolutions moved by the Chancellor of the Exchequer, last night, in Committee of Ways and Means :- 1. That the Commissioners of her Majesty's Treasury be authorised to issue Exchequer-bonds bearing interest at 31. 10s. per cent, per annum, to be paid off at par on Bth May, 1858, for any sums not exceeding in. the whole 2,000,0001., which may have been subscribed for at a price not less than 981. 15s. per cent. to be paid in Exchequer-bills at par or in money at 1001. ls. for every 1001. so subscribed. 2. That the Commissioners of her Majesty's Treasury be authorised to issue Exchequer-bonds at the like rate of in terest, to be paid off at par on Bth May, 1859, for any sums not exceeding in the whole 2,000,0001., at any prices and on any terms of subscription determined upon by the said Com- missioners. 3. That the Commissioners of her Majesty's Treasury be authorised to issue Exchequer-bonds at the like rate of in terest, to be paid off at par on Bth May, 1860, for any sums not exceeding in the whole 48,5001., which may have been subscribed for at a price not less than 981. per centum, to be paid in Exchequer-bills at par or in money, at 1001. Is. for every 1001. so subscribed. 4. The interest for all such Exchequer-bonds shall be payable half-yearly, and shall be charged upon and issued out of the growing produce of the Consolidated Fund of the United Kingdom. 5. That such parties as have subscribed for any such ex chequer-bonds, and shall have made a deposit of 101. per centum on the Bth May instant, and shall pay the further in stalments in completion of the price at the following tunes, viz.:- 301; per centum on the 9th Juno next ; 201. per centum on the 11th July next ; 201. per centum on the Bth September next ; And the remaining 20/, on the 17th October next, shall, on i completing such payments, be entitled to the bonds for which , they have severally subscribed ; and that interest at the rate of 31. 10s. per centum per annum, from the day of payment up to the respective days on which the instalments fall due, shall be paid to such parties as shall desire to pay the instalments at an earlier period. 6. That the Commissioners of her Majesty's Treasury be authorised to issue Exchequer-bills for sums not exceeding in the whole 2,000,0001. 7. That in case Exchequer-bonds be not issued for the full sum of 4,000,0001. then the Commissioners of her Majesty's Treasury be authorised to issue Exchequer-bills to such fur ther amount as r with the total amount for which such bonds shall be issued, will make up the whole sum of 4,00,0001., authorised to be raised by such bonds. S. That the Commissioners of her Majesty's Treasury may issue and apply from time to time all monies received in rg,spect of the subscriptions for such Exchequer-bonds, and all Exche quer-bills to be issued as aforesaid, to such services as have been or shall be granted by Parliament. CUSTOMS UPON SUGAR. The following is the resolution to be reported this even ing, relating to the Customs upon Sugar : " Resolved, That towards raising the supply granted to her Majesty, there shall be raised, levied, collected, and paid on after the 9th day of May, 1854, an additional duty after the rate of fifteen pounds per ceutum upon the produce and amount of the duties of Customs upon Sugar, which are now due and pay able to hor Majesty, and are collected in the United King dom under tho management and direction of the Commissioners of her Majesty's Customs." MONEY MARKET AND COMMERCIAL INTELLIGENCE. CITY, TWO o'CLOCK. The sales of cotton at Liverpool yesterday were estimated at 7,000 bales, including 1,000 American taken for export and on speculation. Prices of all kinds were without change. The supply of all qualities under Sid. per lb. were large, above that price desirable lots were scarce. The sales com prise 5,000 American, 360 Pernani and Maranhana. at 6d. to 7d., 60 Bahia at 61d., 250 Egyptian at 6d. to mid., and 1,000 Surat at 3d. to 3/d. per lb. Railway shares were dull at lower prices. By the steamer American there are dates of April 25 from New York. Stocks were drooping again, although money continued tolerably easy. The specie shipment of the week was nearly a million and a half of dollars, being the largest this year. The letters and papers by the steamer from the Cape of Good Hope have been delivered, and state that breadstuffs, wines, and spirits were in demand at Port Elizabeth. A subscription had been en tered into to test the gold field at Smithfield. The abandonment of the Orange River Sovereignty to a number of persons, termed the "new govern ment," excited much dissatisfaction among the inhabitants. The Mauritius accounts refer in most encourag ing terms to the condition of the young canes. The financial plans of the Chancellor of the Ex chequer, as developed last evening have been the absorbing theme this morning, and opinions of course are as various as usual in such cases. The increased taxation is not very palatable, and the mode in which it is to be effected will excite oppo sition, but if new loans are to be avoided, fresh burdens are inevitable. _ The English stock market has been decidedly better this morning, and the fact that no new loan is contemplated, renders the Bears more anxious to prepare for the settling day, whatever opinion they may have of the future, and however general the impression that the demand for specie will con tinue. Consols have been 87i to 87i for transfer, and 871 to 87i for account. The New 3i per Cents. have been 87k to 87k, and the 3 per Cents. 8C to Exchequer Bills are is. dis. to 2s. prem. East India Bonds have been at 233. The business done has been of a very limited character, as re gards all securities. In the foreign market there is no movement of importance. Spanish New Deferred Bonds have been done at 17i, and the 3 per Cents, at 36g. Mexican Stock has been at 23k, and Peruvian 3 per Cents. have been quoted 44, There has been a bargain in Russian 5 per Cents. at 93 to 93k, being comparatively a high price still. Dutch 2i per Cents. have realised 58i to 58k. Brazilian Old Bonds have been dealt in at 96. The English lines of railway have rallied a little after the decline of yesterday, and with more busi ness doing. Great Northern B. Stock, Great Western and Midland, have been principally dealt in. North British have been rather lower, and Eastern Counties are flat. French Shares are nominal, and in the other foreign lines very little is doing. In the gold and other mining shares, there have been but few transactions. The Joint-Stock Bank Shares have been rather in favour of buyers. The Land Companies' shares have been dull, Crystal Palace steady, and the miscellaneous shares quiet, at about the previous rates. BRITISH FUNDS THIS DAY AT ONE O'CLOCK. ( From the Official List.) Business done. per Cent. Reduced Annuities B6s 3 per Cent. Conso's Annuities B 7g g New 31 per Cont. Annuities B 7i Long Annuities, Expire s th Jan., 1860 Ditto 30 Years, Expire sth Jan.,1860 4i India Stock Consols for Account 11th May Exchequer Bills, 2d. £l000 Small par PRICE OF FOREIGN FUNDS A'T ONE O'CLOCK. Brazilian Bonds, 5 per Cent. exican 3 per Cent. Peruvian 3 per Cent. Russian Bonds, 1822, 5 per Cent. Sardinian Bonds, 5 per Cent.. Spanish Bonds, 3 per Cent Ditto for the Account 36i Spanish New Deferred, 3 per Cent. l7i Dividends on the above payable in London. Dutch Exchange, 2. per Cent. 12 Gull s B ik Ditto 4 per Cent. Certifieates HALF-PAST TWO. 87i Consols Ditto May Account LLOYD'S SHIPPING-(THIS DAY.) LONDON, May 9.—Wind this day at Noon, N.W. ; ligh airs, and cloudy, with rain. There has been a sligh thunderstorm this morning. OFF MARGATE, May B.—Cuba, from Porto Rico. COWES, May B.—Wind, S.W. to W. Arrived—Olivier van Noard, from Callao ; Diolinda, Monte Video, and both sailed for Antwerp ; Erbprinz Frederick August, Porto Rico. OFF DOVER, May B.—Wind, S.W.—A. Lorazza, from Singapore, for Hamburgh. FALMOUTH, May B.—Wind, W.S.W. Arrived—St. Jago, from Cuba. Off Port—Theodore, from Valparaiso, and sailed for Hamburgh. SWANSEA, May B.—Wind, S.W. Arrived—La Serena, from Coquimbo. HULL, May B.—The Industrie, from Memel, arrived here yesterday a prize to H.M.'s steamer Conflict. MlLFORD.—Arrived—Mars, from Cardiff, for London, leaky. SOUTHAMPTON, May B.—Arrived—Orinoco (s), Constan tinople. Sailed—Tagus (s), Gibraltar. LIVERPOOL, May B.—Arrived—America (s), Boston, with 105,000 dollars. SHIELDS, May B.—Sailed—Betsey, Valparaiso ; Pomona, Quebec ; Emma Tully, do. ; Sarah Milledges, do. The Jarrow, screw collier, was in contact with the Handy, of Jersey, when the former lost bowsprit, etc. CARDlFF.—Sailed—Excel, for New York. MEMEL, May 4. The weather is very fine and warm. Wind, S.E. to S.W. ; 14 ft. of water on the bar. ll.M.'s steamer Conflict left yesterday afternoon ; and S.M.'s steamer Cruizer arrived yesterday afternoon, and remains at anchor in the roads. ST. HELENA, May 4.—The Ariel, from Mauritius to London, arrived here on the 16th March, making 3 ft. of water per hour, has discharged, boon surveyed, and recom mended to be condemned. HAVANA, April 13.—The Orlando, Matanzas to Cowes, with sugar, which went ashore on the Bahama Bank, Feb. 27 and was assisted off, was ordered to be taken into Nas sau, after being lightened—in crossing the bar of the latter place, March 30, she struck and sank. A portion of the cargo has been saved, and some badly damaged. PIRATES.—SMYRNA, April 27.—The British brig Sarah, from Trieste, was boarded by pirates at Alatza.tra (Straits of Scio), about two hours after anchoring there, and strip ped of provisions, cabin furniture, &c. A Dutch galliot is reported to have been picked up off Andros, abandoned and pillaged, and has been taken to Syra. The Dutch war schooner Macassar sailed yesterday for Syra in conseppnce. PORT ELIZABETH (Algoa Bay), March 17. -The .a.athe rine, Gwlladys, hence to Liverpool, was wrecked on the Roman Rock, near Bird Island, Feb. 27. CAPE TowN (Cape of Good Hope), March 27.—The Himalaya, Calcutta to Havre, was assisted in, 20th inst., with loss of topmasts, etc., in a squall. The Euphemis, Bombay to London, with loss of mainmast, fore and nizen topmasts, etc., in a gale—was spoken March 17. MAURITIUS, March 17.—The Brutus, from Calcutta, pu in 3d inst., leaky, and is discharging. The City . of Palaces, from Calcutta, put in 20th Feb., leaky, and with part of cargo thrown overboard in a heavy gale, 7th, Bth, and 9th Feb., in 12 S., 70 E. ST. MICHAEL'S, April 22.—The Arrogante, Rio de Janeiro to Trieste and Corfu, arrived here 17th inst., short of water and provisions, and received pratique under sail, but has been detained by the civil authorities, and the ' master arrested for an alleged infringement of the laws upon his last voyage hence to Rio Janeiro. (BY SUBMARINE AND EUROPEAN TELEGRAPH.) GRAVESEND, Tuesday, 9.55 a.m. Wind, S.W.; tide, three-quarters flood ; weather, cloudy, with slight rain. Arrived, Bth—Elspeth, from St. Lucia; Waserdmeching, Galatz ; Arab, Porto Rico. DEAL, Tuesday, 9.15 a.m. Wind, W., fine. Passed.—Reserve, from Jamaica ; Emma, Mauritius ; Arnon, Launceston ; Genoa, Measina—all for London. Sailed—Jane and Ripa, both for the river. LATEST FOREIGN NEWS. THE WAR. ARRIVAL OF LORD RAGLAN AT CONSTANTINOPLE. " CONSTANTINOPLE, April 30.—Lord Raglan has arrived here, and the unpleasantry in which the Porte was involved with the French Ambassador has been satisfactorily arranged. " The demand of General Baraguay d'Hilliers has been conceded, and an apology for the delay has been made to him on the part of the Porte." CRIMINAL COURT.-(THIS DAY). OLD COURT. (Before the Recorder. John Woolf, 21, a respectable-looking young man_ pleaded guilty to an indictment charging him with ob taining a gold watch by falsely pretending that he was the Earl of Dalkeith. Mr. Ballantine urged on behalf of the prisoner that he was very respectably connected, and up to the time of the transaction in question there had not been the slightest imputation upon his character. The Recorder sentenced the prisoner to be kept to hard labour for six months. Moses Moses, 45, pleaded guilty to thirteen indictments, charging him with receiving stolen property. It will be recollected that this prisoner carried on busi ness as a general dealer in Houndsditch ; but, on the pre mises being searched by the police, there appeared to be no doubt that he was engaged in a wholesale system of receiving stolen property, the produce of various robberies being found upon the premises. Mr. Ballantine, who with Mr. Parry appeared on behalf of the prisoner, addressed the Court in mitigation of punish ment, and said that be believed he should be in a condition to show that he had not been engaged in these transactions longer than a few months, and that it was in consequence of his having hired a portion of some premises which were occupied by a notorious receiver of stolen pro perty, who had since absconded, that he had been led into the commission of the offences. The learned counsel also stated that it was a very erroneous impression that had gone abroad, that the prisoner was a rich man, for, on the contrary, he was in a destitute condition, and his wife and family were left without any means of support. He might also remind the court that a great deal of property had been removed, and he believed that since the prisoner bad been in custody he had given some information to the police which was likely to be of service to the public in terest. Two witnesses were called, who spoke to the character of the prisoner. Thornton, the detective officer, informed the Court that he had reason to believe that the prisoner was engaged in transactions of this character as long back as 14 years ago, and he had apprehended him at that period with a quantity of stolen property in his possession. The Recorder, on passing sentence, remarked upon the very serious and mischievous character of the offence im puted to the prisoner, and he said that it was one which in every instance incurred severe punishment. The pre sent case was one of a most aggravated character, and he did not see that anything that had been stated in his be half ought to have any weight upon the court so far as re garded a mitigation of punishment. He felt that he should fail in his duty to the public on the present occasion if he did not mark his sense of the enormity of the crime; and the sentence, therefore, he felt called upon to pronounce was that he be transported for 14 years. The whole of the property that was identified was ordered to be delivered up to the owners. NEW COURT. Russell Gurney, Esq., Q.C., sat in this court during the morning, trying prisoners for passing b ase c oin. There are twenty prisoners committed for trial for this class of offence, and all the offences are of the usual character, the coin in circulation being chiefly half-crowns, shillings, and sixpences. THE NEW SOCIETY OF PAINTERS IN WATER CO. LOCES.—His Royal Highness Prince Albert, attended by Colonel Biddulph and the H on . C ap t. D e R os , honoured this society with a visit yesterday. His Royal Highness was pleased to express his great satisfaction at the steady progress of this society. ROUEN. --The letters from Rouen state that the market for manufactures was inacti ve , b u t th a t some rev ival was anticipated, owing to the approaching fair at Beaucaire. THE PROPOSED 2,000,000/. OF EXC HEQUER -B ONDS .-- was understo od that at the hour for closin g the sub-.. scription lists at the Bank of England for the proposed 2000,000/. of Exchequer-bonds at 98i, the full amount had not been quite made up. There was considerable ease in the money market yesterday, but the discount houses offer 41 per cent. for deposits for fixed periods. Orowro,----.9.dvices from Oporto again bring bad ac counts of the vine disease, which last year did not mani fest itself till July. Specimens of the new shoots bad been received, it is said, from every part of the wino country, confirming the signs of its progress. STAR CLUB.—The mem bers of this Club have resolved to invite his Excellency the Count Walewsky, the F renc h Minister, to an enterta inment during the month o f J une . The meeting will be m ade s p ecial to enable the mem bmeartsigtuoe,inmvietme baesrslaorf Parliament, number of the corps diplo rhament, and gentlemen con nected with the Citygof London, and the provincial towns as possible ; thus to give effect to the sympathy and satisfaction felt at t he union between Franc e an d England, so worthily supp orted by his Excellency. MARKET NEIV,4------(THIS DAY.) COLONIA L. SIIGAR.—The market is suddenly arrested by the finan cial announcement of the Chancellor of the Exchequer. The quantity of British Plantation landed last week at the East and West India Docks was 2,4'4 hlids, 219 erces 91 barrels. There were taken for home consu ti mption' 861 hhds, 48 tierces, 486 barrels. The stock in the same places is 3,432 hhds, 818 tierces, 203 barrels. COFFEE.—This article is fiat in the absence of public sales. RU3l.—The quantity landed last.week was 236 puns. There were taken for home consumption 119 puns, 17 hhds, and exported 28 puns, 135 hh ds. The stock in the sa me places is 5,163 puns, 830 hhds. SALTPETRE.—At auction 3,394 bags Bengal were mostly taken in at 40s to 45s for 8 to 10 per cent. refraction ; fine sold at 41s Gd for 1i and 39s Gd for 74 per cent. RICE.-3,399 bags Bengal were all bought in at 13s to 13s Gd for mid to good mid. PEPPER. - 1,986 bags black were all taken in at 4ild to sj,d for mid and good half heavy. TEA.—Tho public sales closed without alteration, a good proportion having found buyers. TALLOW.—Y.C., on the spot , 64s ; Y.C., May, 63s 9d ; Juno and July, 648 3d to 64s 6d ; July and August, 65s 3d; August and September, 665, sellers; September and Octo ber, 66s 6d. Australia— Beef, 61s to 59s ; sheep, 62s 3d. South America, 65s to 555 ; French, 62s 3d to 618 9d. Palm oil, on the spot, 45s to 475; tallow oil, 30s to 408 ' tallow Elaine, 58s ; town tall ow, 625, nett cash . Cocoa nut oil—Cochin, 525; Ceylon, 51s ; linseed oil, spot, 39e 3d; Palm oil (Liverpool, arrival), 471. 10s. to 451. St. Peters burg, 29th April, ex. 343 toy between 27th and 29th about 100 casks bought, at lio lbs. At M emel 260 casks had arrived, which left St. Petersburg in March. HAY MARKETS. SMITHFIELD.—Meadow hay, 2/ 15s to :5/ Os ; clover ditto, 3/ 15s to 6/ Os ; and straw, 1/ 16s to 2/ 2s per load. Supply moderate, and trade rather dull. CIIMBERLAND.—Meadow hay, 2 / 16 s to 5/ 5s ; clover ditto, 3/ 15a to 6/ Os ; and straw, 1/ 17s to 2/ 3s per load. A fair average supply, and a sluggish demand. WHITECHAPEL.—Meadow hay, 2/ 15s to 5/ Os; clover ditto, 3/ 15s to 61 6s ; and straw, 1/ 16s to 2/ 2s per load, Trade steady, at late rates. LITTLE WALLACHIA. The following communication has been received from Tienna, under date of Monday evening " The Out. Con espondenz states that ' Marshal Paskiewitsch declares that Little Wallachia had been evacuated solely for stratagetic reasons ; but that the Russians will soon return to Krajova and subject to martial law any persons who may have assisted the Turks. Great Wallachia, according to the same authority will not be evacuated. " ' The journey of Marshal Paskiewitsch to Ka lafat and Silistria had been indefinitely postponed.' " During the last week several conferences have taken place between Count Buol, the Earl of West morland, and M. de Bourquency, at which condi tions were agreed upon, to be offered by Austria to Russia, after the former has occupied Bosnia, the Herzegovina, and Upper Albania. " The conditions were said to be found accept able by Baron Meyendorff. They were regarded as being probably the final attempt of Austria to restore peace before she declares herself. " TRIESTE, MAY B.—lt is stated from an authentic source that the sequestration of the estates of 160 persons in Lombardy, and 29 in Venice, has been superseded. THE GREEK INSURRECTION. The Moniteur has the following : " ATHENS, May 2.—The Chambers are dissolved. The insurrection is beaten everywhere in Epirus, in Thessaly, and also, it is said, in Macedonia. Nevertheless, the Greek Government is organising a new attempt. It receives aid and subsidies from Russia." RUMOURED ATTACK ON SEBASTOPOL. CONSTANTINOPLE, April 30.—Admiral Boyer arrived here yesterday. After the bombardment of Odessa, the united fleets left to cruise before Sebastopol. The Ban shee, which has arrived from Varna, brings no news. A rumour is current at Galata that the bombard ment of Sebastopol began on the 28th, but the statement requires confirmation. The dispute between the French ambassador, General Baraguay d'Hilliers, and the Porte, re specting the contemplated expulsion of certain Greeks, has been adjusted, and Reschid Pacha has made excuses. Certain individuals named by the General will enjoy his protection, these persons being Catholics and Greeks. The General, being satisfied with this arrangement, will remain here. A part of the troops in the camp of Hayder Pasha have received marching orders for Adri anople. THE BALTIC. ANTICIPATED COLLISION AT HELSINGFORS. The special correspondentof the Morning Herald at Stockholm, sends the following important com munication by telegraph : Her Majesty's steam-frigate Leopard, 18, Cap tain Giffars, with the flag of Rear-Admiral Plum ridge, arrived at Stockholm on the sth inst., and signalled that the enemy's ships were coming out of Helsingfors. The Commander-in-Chief, Vice-Admiral Sir C. Napier, had made the signal to the fleet—" Make ready for sea immediately." STOCKHOLM, MAY 4.—Sweden continues her war like preparations. Five fresh batteries of artillery have been ordered to be put on the war footing. The national sympathies are decidedly in favour of the Western Powers. The fleet is at anchor a' Lfsnabben. The writer of a Stockholm letter of May Ist says :—Sir Charles Napier and the greater portion of the fleet are still in Elfsnabben Bay, which, as your readers already know, is about 54 English miles from this city. During the last two or three days the weather was very unfavourable—cold, rainy, and snowy—so no small steamers ran down to the ships. To-day there is a change for the bet ter, and some steamers are advertised for an excur sion to-morrow " if no intelligence of the depar ture of the English fleet arrives in Stockholm." I may state here, on the authority of a very old friend of Sir harles Napier, that the gal lant admiral is in excellent health and spirits, that he spends a considerable portion of the day in writing and reading despatches, and that at no period of his life was his mental activity greater, or his judgment more collected, than at the present moment. He is eager to commence the attack on the Russians, but he does not overlook the difficulties in- his way, nor conceal from himself the fact that he has a powerful enemy to meet and conquer. On the 27th ult. the port of Sundvall, about half way between Stockholm and the northern extremity of the Gulf of Bothnia, was quite free from ice ; several northern vessels, had already entered it. On the 24th a Russian schooner was captured by an English war steamer off oue of the Aland islands, and in sight of the Russian authorities. Several prizes have been lately brought to Faro Sund—two by the Porcu pine and four by the Magicienne. A Danish and Swedish brig, having on board, it is thought, con traband of war, have also been lately seized in the Baltic. Not less than eighty-nine Finnish captains and seamen have arrived in Stockholm, in order to make their way home as quickly as they can. Their vessels were sold in foreign ports previously to the commencement of hostilities. It is feared they will be obliged to go a long way round—that is to say, by Prussia. The following paragraph appears in a recent number of a Finnish paper :—" Helsingfors, April 22.—. Warm sunny weather, with fugitive clouds, has broken up the severity of winter. The day before yesterday people ventured on the ice ; to day they take good care not to do so. The masses of ice are in movement, and by next Friday we may expect to have open water in our harbours." Two pilots, who were taken on board the fleet at Elfsnabben, have been discharged. It was strongly suspected that one of them was less at tached to English than to Russian interests ; and it was noticed that he was constantly writing letters and sending them ashore. I may state that Sir Charles Napier has been warmly advised to be very careful with reference to his choice of pilots for the Finnish coast. I believe it is understood that Sir Charles will not make any movement of importance before the arrival of the French squadron. The few English here sadly complain of the high rate of postage on English newspapers. By the bye, nearly all the " English" here are Scotchmen, and a very respectable and worthy set of men they are —friendly, warm-hearted, and hospitable. Honour to whom honour is due. THE DANUBE. The latest authentic news from the Principalities 1 shows that the grossest falsehoods have been cur rent with regard to the Russian feats of arms in the Dobrudscha. Silistria has never been bom barded at all, except by stray shots fired from the left bank of the Danube. The " seas of fire," which certain letters have reported, refer to the results of shots fired by the Turks themselves from their fortifications. Rassova has not been taken by the Russians, and the Turkish line between Rassova and Silistria has not been broken. The Turks inaugurated their taking possession of Little Wallachia (evacuated by the Russians) by distri buting provisions to the peasants ruined by the Russian occupation. Letters from Marseilles, by the Tabor, state that before the bombardment of Odessa the cruizers of the allied fleets captured some Russian prizes in the Black Sea, and that 8,000 muskets, shipped from Antwerp to the Greek insurgents, had been seized at Malta. INTENDED RUSSIAN MERCIES TO T: PRISONERS. A letter from St. Petersburg o f the 30th ult. appears in the Cologne Gazette, and shows how the Russians are " reckoning their chickens before they are hatched :"—" I am now looking at a regulation drawn up and relating to the treatment of pri soners of war. It will be published in a few days. It comprises 47 paragraphs, and c oncerns those who may be taken with arms in their hands on the field of battle or on board ship, and who may belong to this or that nation. Thus the Hungarians, when made prisoners, are to be s ent to Siberia, or else given up to Austria : tho Turks will be treated as prisoners of war general l y are ; but stran g ers and Christians serving in t he Turkish ranks, as also renegades, will be treated as common felons. 1 Medical men aro i n the same cate g or y as t he i Turks, that is, simple prisoners of war, and so are all that are not virtually active ccmbatants. The Poles, like the Hungarians, and all th e _ erisoners, indeed, should they be refractory, are to be trans ported in chains. The Turkish officers, if Mussul men, are to be consigned to Tula, in the interior, the soldiers to Orel, the Christians to Karsk, the strangers (except the Poles and Hungarians) to Kaloga and Riazand. Russian Poles are to be con fined in the dungeons of the fortress of Kiew, and tried by courts-martial." THE BOMBARDMENT OF ODESSA. REPORT OF OSTEN-SACKEN. The German papers contain the following extract from a report of General Osten-Sacken, dated the 23d of April, relative to the bombardment of Odessa : "On the 21st of April the English and French squadron cast anchor at a distance of three verstes from Odessa. The squadron was composed of six first-class vessels, 13 two-decked vessels, and nine steamers. To wards 4 o' c l oc k i n t h e a f ternoon Adm i rals D un d as an d ll amelin sent a flag of truce with a summons to sur renderinthe the Russia n , E ng li s h , an d F renc h vesse l s l y i ng quarantine port. To this summons no answer was given. "Yesterday, Saturday, April 22, at half-past 6 o'clock in the morning, nine steam-vessels of the enemy, one of which carri e d 54 guns, and almost all the others: 34. after stationing themselves beyond reach of the battery No. 1, situated o n th e r i ght of the roadstead, advanced successively to th e w h o l e extent of the batteries Nos. 2, 3,4, and 5, which they attacked, throwing occasionally shells into the town it se lf, an d finishing by directing their concentrated fire u p on battery No. 6, situat e d a t the extremity of the quarantin e port. Our batteries were armed with 48-pounders. The enemy profited by the large calibre of his pieces, and kept at a distanc a e, nd wh s ich o circumstance did not allow the b a tt er i es Nos. 3 take an active part in the engagement, although tex posed to the enemy's fire. The batt er y N o. 6, under the command of Cornet of Artillery Schogoleff, kept up a well-sustained fire from its four pieces ; b u t one of the latter having been destroyed, and the enemy having placed himself beyond the reach of the third gun, only the two guns of the left could be brought into play, and with these two pieces the battery No. 6 held out during six hours against the steamers of the enemy, and to the end against eight steamers and a screw steamer of 84 guns, which had come up as a reinforcement. Even then the battery was not silenced, and Count Schogoleff did not quit his position until the vessels stationed in the port behind the battery itself took fire. "In consequence of the Ere from this battery three of the enemy's vessels were, towards the end of the action, forced to be towed by the others. "A report upon this brilliant feat of arms was imme diately sent to the commander-in-chief, who, exercising the prerogative he possesses, conferred the decoration of the military order upon those who had particularly dis tinguished themselves. " Thanks to their small draught of water, the iron vessels of tlap enemy succeeded in surrounding the port of free pratique, and in approaching the Faubourg of Perissep, from where, by the aid 'of floats, they were enabled to throw congreve rockets, which set fire to the vessels in the port, and to a few houses in the faubourg. They even attempted a landing, but the grapeshot from tour pieces of light artillery, covered by six companies of infantry, prevented the execution of that enterprise. The boats were met by our balls, and experienced con siderable loss. "We had on our side a few dead and wounded, and two gun-carriages were destroyed. " During the action some of the ships of the line be longing to the enemy left their order of battle, and ad vanced towards the country house of General Luders, against which they directed their fire ; but having been fired upon by our batteries Nos. 1,2, and 3, they con tented themselves with a few discharges and resumed their previous position. This mancauvre was repeated several times. At seven o'clock the action ceased, and the assailing vessels joined the rest of the squadron. Our artillery worked in a brilliant manner, and our bat teries suffered little, with the exception of that of No. 6. We had four killed and 64 wounded." This report, it will be seen, is drawn up in the usual Russian fashion, which either makes every defeat appear a victory or gives it the semblance of a very poor affair on the part of the enemy. The account which we published yesterday from the Presse, of Vienna, and on which we are in clined to place more reliance, states that the loss of the Russians was 200 killed and 900 wounded, instead of 4 killed and 64 wounded. The Journal d'Odesssa gives its history of the visit of the Furious to the roads of Odessa, and by its ambiguous wording evidently betrays its desire to prepare the means for future exculpation, for seeing the outcry that would be raised against the breach of the custom of nations in firing on a flag of truce. It says— "On Saturday, March 27th (April 8), at half-past 5 a.m., the Furious, an English war steamer, of 500-horse power and carrying 16 guns, approached to within two cannons' range of the quarantine mole. Two blank shots having been fired, the vessel heisted the English flag, and without coming to anchor, sent off a launch to the shore, bearing a flag of truce. The English officer asked if the English Consul was still at Odessa ; the officer on duty having informed him that the Consul had left, the launch returned to the ship ; when it had got out of range of our guns the steamer advanced towards the mole ; as the steamer was now within range, four ricochet shots were fired at her, the third of which hit her. At the first discharge the vessel put about and soon disappeared, aided by a brisk and favourable breeze." By this statement it is endeavoured to be shown that the Russians did not fire on the boat with the white flag, but on the steamer, which, after re ceiving the returning boat, advanced with her 16 guns within range of the batteries for the purpose of threatening the fortifications of Odessa. The following order, relative to neutral vessels, was published at Odessa on the 23d of April:— "1. The vessels under the neutral flag now in the port of Odessa cannot leave it so long as the enemy's fleet shall be in sight of the town. " 2. The captains and sailors will find an asylum in a locality which will be especially destined for the pur pose, beyond the reach of projectiles, and in which they must submit to the quarantine regulations. " 3. Vessels with cargoes will be allowed to deposit their cargoes in warehouses which the authorities will place at their disposal. " 4. Captains and sailors who may not desire to avail themselves of the locality offered to them must implicitly obey the orders of the captain of the port, and in case of resistance, they will bring themselves within the ap plication of the laws of war. " 5. Beyond the limits of the protection which is offered to captains, sailors, and cargoes under a neutral flag, the authorities disclaim beforehand all responsibility as regards the safety of vessels. 6. All vessels under a neutral flag may leave the port without any obstacle as soon as the enemy's fleet shall have departed." OALER PACHA'S FORGE AT SCHUMLA.. Spenees Gazette of Berlin, of the 6th, says : "An officer who left Schumla on the 20th ult., and who passed through here on the 3d instant, affirms that Omer Pacha has now under his orders 30,000 infantry and 10,000 cavalry. Twenty thousand uniforms had lately arrived from France and England. He has 300 pieces of artillery, and from 6,000 to 8,000 irregular troops. The number of foreign officers amounts to 1,000. The Turkish army is animated with the best spirit." FRANCE. It is stated on good authority in Paris that Rus sia recently notified to Prussia that she had de termined to address an ultimatum to Austria, calling upon her to explain her conduct, and summoning her, rather peremptorily, to declare herself either for or against, but, at all events, to declare herself. The Prussian Minister replied, that the Emperor of Russia need not give him self the trouble of addressing an ultimatum to Austria, as he (the Prussian) well knew , and co uld tell beforehand, the nature of the answer that would be given. Nearly at the same time Austria informed Prussia that she also was to ad dress an ultimatum to Russia, calling upon her to account for her intrigues, and her revolutionary attempts in the States of neighbouring Sovereigns, and in particular Montenegro, where she (Austria) was determined to put down by force the revolt. She also reproaches Russia with her conduct in the Principalities, and insists upon their evacuation. When ultimatums of such a kind are passing to and fro we may soon expect something more serious. The Pays, in noticing the announcement that two camps, ono of 100,000, the other of 50,000, men are to be formed, with a view to greater cer tainty and promptitude in supp l y in g the troops who may be required for the Black Se a or the Baltic, says it is probable that in addition to ope rations by sea, troops will be landed from time to time on different points of the Russian territory. If this be the intention, and it is difficult to imagine any other means of rendering the war a short one than attacks which must deprive the Emperor of Russia of his principal resources, and at the same ti m e inspire an earnest desire fo r peace in the minds sae o f all the influential persons cf hi s Court, who can feel for the calamities to which the people of Russia will be exposed by the persevering injustice of the Emperor, or who ha ve - a perception of their own interest to know that such attacks will deprive them of their chief sources of revenue, the measure announced by the Moniteur must give general sa tisfaction. It may be approved of besides in an other point of vi ew . Whatever confidence the Governments of France and England may have in the Cabinet of Prussia, it may be well to show that they are fully prepared to meet any contin gency which may arise from a departure from the policy which is dictated by reason and justice to that Cabinet. No demonstration of this kind may perhaps be necessary, but it can give no offence, and it may have the effect of lowering the tone of the partisans of Russia in the Prussian capital. The establishment of the camp between Mont reuil and St. Omer is thought to be quite as much directed towards Prussia as towards the Baltic or the Gulf of Finland, and in case Prussia showed symptoms of foul play, it is not improbable that that array, joined by a formidable 13ffrigiP wain" 11111111111 gent, would find its way to the banks of the Rhine,. It is whispered that the Emperor reserves to him•. self the command of this fine army, and that he will establish his camp at Pont-de-Brie, where his uncle had once his head-quarters. He will have Guards with him. The corps of 50,000 men at Marseilles will, it is said, be commanded by Gene ral Rostolan. The Patrie quotes a letter from Gallipoli, of the 25th ult., announcing that the position of the Expeditionary corps was most satisfactory. The different camps had been organised with mush order and method, and the landing of the troops took place with great regularity. General d'Allon ville, commander of a brigade of the French cavalry, had returned to Gallipoli from Constantinople, where he had been sent on a special mission. The Sentinelle Toulonnaise of the 4th inst. states that orders bad reached from Paris to embark, in the brigs Cerf and Olivier, and in the steam aviso Solon, four companies of the 3d Regiment of Marines, who are to be landed in the Grecian Archipelago. The steam-corvette Pluton arrived that morning from Algiers, where she left the steam-frigates Magellan, Montesuma, Sane, Ca cique, Tanger, Canada, and Cerbere, taking on board troops and materiel for Constantinople. The Infernal, Capricieuse, and Narval, with troops for the East, were to leave Toulon on the 4- The Ocean of Brest states that the French arsenals held in reserve 27 ships of the line and upwards of 400 inferior vessels, such as frigates, corvettes, brigs, schooners, steamers &c., mounting together 3,506 guns. Fifty siege pieces of artillery are being shipped at Toulon for Constantinople. The Armoricain of Brest announces that, on the morning of the 4th inst., the ship of the line Duperre, commanded by Captain Penaud, sailed from that port to join the squadron of Admiral Parseval-Deschenes in the Baltic. The frigates Psyche and Semillante, which belong to the same squadron, w ere still in the roads. The first - rate frigate Venge ance was still preparing to quit L orient for the B a lti c . Th e ship Donawert and the steam corvette Tysiphone were being armed at Lorient, and orders to fit up the ship Dugnay- Trouin, the s crew ship Annibal, the Dassas, - and ship Coc Wag ram, araweremwill, dailyexpected from Paris. The screw it is believed, Th be launched in the course of th e mon th . 12 ships of war o f all sizes on the s ere to ar ck e s u lt w L ar on ds ' f en o t, several of which are i n a sufficiently advanced con dition to be speedily launched if necessary. The Emperor received on Sunday Baron Schweizer, Envoy-Extraordinary and Minister- Plenipotentiary of Baden, who presented to his Majesty the reply of the Prince Regent Baden to the letters of recall of Count de Marescalchi. The Moniteur publishes a Senatus-Consultum, regulating the Constitution of the colonies of Mar tinique, Guadeloupe, and Reunion. There is no change in the commercial and indus trial situation of Paris since last week. The retail trade, particularly in articles of dress,. continues very brisk, and is by no means inferior to the average amount of preceding years at this season. The accounts from Lyons, St. Etienne, Tarare, Roubaix, and Mulhouse mention a marked im provement in the industrial position of those cities, which have been lately visited by numerous pur- chasers from Paris. We read in the Moniteur : —The Cabinet of Athens, whilst promoting the insurrection in Epirus, has endeavoured to lead the populations of the king dom to imagine that the German powers fully ap prove of its conduct. Whilst these fa lse assertions were being made, under the guarantee of the Greek Cabinet, the Ministers of Austria, Prussia, and Ba varia, as the Government of the Emperor had been formally assured from their Courts, received orders to blame energetically the policy of Greece, and to support in the firmest manner the counsels and re presentations of the Western Powers. M. Lazareff, the Russian whose arrest has been mentioned, and who, in consequence of the violence of his manner and his insulting language, has been requested to quit France in 48 hours. It appears that the papers seized led to the discovery of a plan for a Legitimist movement, with a view of a Bour bon restoration. Advantage was to be taken of France being engaged in war to effect that object. These plots are connected with the intrigues of Russian agency in Spain and Portugal. It is cer tain that the more the present question becomes developed the hostility of the fallen political par ties, whose hopes are frustrated by the close alli ance between the two great Powers of Western Europe, increases ; and this embittered feeling is given vent to in the saloons where the lead ing personages of these parties are wont to meet and condole with each other. The removal from \ the Cabinet of the Prussian Minister of War, whose opposition to the policy of Russia is well known, has revived the hopes of the old party. It is whispered in the circles referred to that on a very recent occasion the Emperor of Russia used the following expression in reference to Prussia : " If Austria declares against me, the German em= pire shall become the possession of the House of Hohenzollern." These words might at first ap pear a mere rhodomontade, but the importance attached to them, by the Legitimist party in particular, make them worthy of notice at a mo ment when the Ministerial modification in Prussia is received by some as the realisation of those hopes, and by whom it is regarded as the commentary on the words attributed to the Emperor Nicholas. The discontented parties flatter themselves that, by this threat on one side and encouragement on the other, both Prussia and Austria will be gained over to the Czar, who pro claims himself as the champion of the old parties, and who is the last hope of the Royalists quand mine. The Assembles Nationale had appeared on Sun day. In a short article it says that, as the time for mere discussion on the probability or propriety of war has now past by, and as France is engaged in it, it will take the part of France. The section of the Chateauroux and Limoges Railway comprised between Chateauroux and Argentan was opened on the 2d inst. The con struction of this line, which is about 31 kilo metres in length, presented for four kilo metres considerable difficulties. In that distance it was necessary to cut trenches from 16 to 21 yards in depth, to open a tunnel of 1,000 yards long, and to construct a viaduct of 13 arches, each 13 yards in width and 38 in height. Notwith standing the expense, occasioned by the execution of those different works, the portion which the State has to pay, estimatedat 5,887.451 f., amounted only to 4,500,000 f., so that there was a saving to the Treasury of about 1,400,000 f. at 65f. for The Three per Cents. closed yesterday the end of the month ; the Four-and -a-Half per f 50c.; Rouen, Cents. at 91f. 30c.; and the New Loan, at 64f. 75c. • Orleans Railway Shares, 1,047 . 866 i. 25c.; Havre, 418 f. 75c. New Great Northern, 750 c.; Strasburg, 708 f. 75c. ; Shares, 550 f.; Paris and Lyons, 826 f. 25c.; Lyons to the M e diJ, terranean, 670 f.; Western of France, 572 f. 50c.; Bordeaux and Cette, 512 f. 50c.; Great Central of France, 412 f. 50c.; Lyons to Geneva, 425 f .; B ank' of Credit Mobilier, 510 f. rbirb Inttton+ CHESTER RACES. (THIS DAY.) (BY BLECT.RIC TELEG.RAPR.) GROSVENOR STAKES. Rataplan Epaminondas Eight ran. PALATINE STAKES. Mishap Lyrley Adelaide Four ran. CHESTERFIELD STAKES. St. Clair . 1 Communist 2 Fifteen ran. LATEST BETTING. 12 to 1 agst Baalbee. 12 to 1 agst Aldford. 12 to 1 agst Acrobat. 15 to 1 agst Peggy 16 to 1 agst Indian Warrior. 30 to 1 agst Jack Frost. 40 to 1 agst Epaminondas 40 to 1 agst Brown Brandy 40 to 1 agst Jephson. 40 to 1 agst Catspaw• DERBY. 11 to 2 agst King Torn. 25 to 1 agst 33 to 1 agst Trapper. HORSES HERE IN CHESTER CUP. Indian Warrior, Cobnut, Pantomime, Lough Bawn, P egg y, Sandhurst, Llandforda, Lord Lieutenant, Miss Dear-me, Barrel, Acrobat, O rson , E va , Brown Domino, Adeline, Ep am i non d as , Ni g htshade, Baalbec, Brradenddie' Robin Hood, Jujube, Gabriel, Ireland's Eye, Lurley, Dr. O'Toole, Talfourd, Tom, Blame, Nabob, Star of Surrey, Jack Frost, Lancashire Lass, Aldfords Joe Miller, Device, Swiftsure, 411205 and Lerrywhlsh - 9N. IG.