The Sun. — London, England, 1857-12-09 00:00:00

THEATRE ROYAL, AD EL PHI. Lessee—Mr. Ben. Webster. THIS EVENING, will be performed THE GREEN BIISHFS, in which Madame Celeste, Mr. Wright, and Mr. Paul Bedford will perform. Followed by the original Apropos Sketch, entitled THE DRAPERY QUESTION ; or, Who's for India ? Messrs. Wright, P. Bedford, C. Selby; Miss M. Wilton and Miss Mary Keeley. ROYAL LYCEUM THEATRE.—Lessee, Mr. Dillon.—Under the joint management of Miss LOUISA PYNE an d M r. W . HA RRISON. ' THIS EVENING, will be pe formed Balfe's new opera, THE ROSE OF CA STILLE. Characters by Miss Lou'sa Pyne, Miss Susan Pyne, Miss Marian Prescott, Mr. Weiss, Mr. A, St. Albyn, Mr. G. Honey, Mr. Wallworth, and Mr. W. Harrison. Conductor, Mr. Alfred Mellon. To conclude with the new Farce, entitled A PAIR OF PIGEONS. Mr. G. Honey and Miss Cuthbert. Private Boxes, £2 12s. 6d., £2 25., and £1 lls. 6d. ; talls, 6s. ; Dress Circle, ss. ; Upper Boxes, 4s. ; Pit, 25.; Gallery, Is.—The Bex Office is now open daily, from 11 to 6, under the direction of Mr. Chatterton, jun. ROYAL OLYMPIC THEATRE. Lessees, Messrs. Robson and Emden. THIS EVENING, will be performed a new and original eomedietta, by Sterling Coyne, Esq., called WHAT WILL THEY SAY AT BROMPTON ? Mr. Robson, (Sze. After which, LEADING STRINGS. To conclude with BOOTS AT THE SWAN. Mr. Robson, Mr. H. Wigan, and Mrs. Emden. Commence at half-past Seven. ROYAL SURREY THEATRE. Lessees, Messrs. Shepherd and Creswick. THIS EVENING, will be performed VIRGINIUS. After which, INDIA, 1857. Messrs. Shepherd, Cres wick, W. Smith, Vollaire, B. Potter, Widdicomb, Belmore, Tapping ; Miss M. Eburno, Miss Webster, Miss Chalmers, Miss Johnstone. To conclude with WELLINGTON FIGGS. AM. COWELL'S ANNUAL BENEFIT, i n S the LARGE ROOM, ST. MARTIN'S HALL, LONG ACRE, On M )NDAY NEXT, December 14, 1857. On which occasion, he will sing EIGHT of his most popular Songs, and, in addition to his Own "LITTLE TRAVELLING PARTT," he will have tho assistance of many Professional Friends now in London. Notwithstandin the great expense, the prices will be— Reserved Seats, 2s. 6d ; Balcony, Is. ; Body of the Hall, 6d. CANTERBURY HALL, Westminater-road.— OPEN EVERY EVENING.—The follow ng company of Vocalists are engaged for the per:ormance of S elections from all the popular OPERAS, MADRIGALS, CHORUSES, GLEES, DUETS, dzc., viz. :—Miss Russell, Mrs. Badzey, Madlle. Marietta, Mrs. Palmy-re, Miss Bru nell, and Madame Marietta ; Herr F. Jonghmans, Mr. Renshaw., R. Grover, T. Farrant, S. Jones, J. Barker, W. Melling, Senor Antonio, E. L. Himo, and Mr. St. Albyn; Messrs. S. Collins, W. T. Critchfield, and E. Mack ney. Pianoforte, Mr. Cecil Hicks; harmonium, Master Williams; Director, Herr F. Jonghmans. Commence at Seven o'clock precisely. Suppers, dtc., until twelve o'clock. HIGH WATER AT LONDON BRIDGE. THIS DAY —Morn., 54 min. aft. 7—Even., 30 min aft. 8 TO-310RBOw—Morn., 2 rain. aft. 9--Even., 33 min. aft. 9 THE WEATHER—SUN OFFICE, DECEMBER 9. THERMOMETER, IN TAE SHADE. 50—highest since noon yesterday. 47—lowest this morning and during the night. 48 —this day at noon. BAROMETER, 30.42. WIND, S.W. ; light, with dull weather, but dry. .r( L.40, 7 4',:c kr ; 3 , fr r„, C‘ l 5lM 4„) „ LONDON, WEDNESDAY, DEC. 9, 1857. The Indemnity Bill has passed through Com mittee this day. There was but one amendment of any importance, that of the Hon. Member for Wallingford, which was aimed against the con tinuance of the 10 per cent. rate of discount— if the Directors could, in the due exercise of their discretion, see their way safely to a reluction in that exorbitant and usurious charge. Mr MALINS clearly established his case, but the " hard calcu lators" prevailed, under the leadership of Sir G. C. Lxwts t It was in vain that the total impossi bility of carrying on the trade and commerce of the country with a minimum, rate of 10 per cent for first-class bills, which implied 12, 15, or 20 per cent. for those of no less solvent parties, by whom the bulk of the business of the country was carried on, was urged that it would arrest pro duction, and involve the working population of the country in deep distress and difficulty. It scarcely required the high authority cited to con clude that trade which has been adjusted in aoccvdance with a very different state of affairs nld not co-exist with such usurious discount ; that i s to say, no new engagements could be entered into, every transactim must be stopped for two or three months. This is alone sufficient to create a Panic, and no small shopkeepers or ggriculturistl will be enabled to obtain the re quisite pecuniary accommodation on any terms whatsoever. So far as they w ere concer ne d th ere was a total suspension of credit. The lands may remain without cultivation , the looms idle, the ring of the hammer or the grating of the saw shall not be heard in the workshops. But what are these things to the hard calculators ? " Great is Diana of the Ephesiaus !" They will stand to the last by their order, or rather the craft Whereby they live, and it signifies but little if the prosperity of the nation and the welfare and happiness of the people are sacrificed in order to ensure the success of the arbitrary limits assigned, Without any reasonable elements, whereon to effect the calculations. The opposition of the Chancellor of the Exche- 11 ER MAJEST Y'S THEATRE, GREAT CLASSICAL CONCERTS. Positively the Last Night but Nine. The highly Successful INDIAN QUADRILLE, and GENERAL HAVELOCK'S GRAND TRIUMPHAL MARCH Vocalist, Madlle. Jetty Treffa —Violin, M. Remenyi. THIS EVENING (WEDNESDAY,I December 8), will be produced the New Grand Descriptive Composition, by M. Jullien, entitled THE INDIAN QUADRILLE, and GENERAL HAVELOCK'S TRIUMPHAL MARCH, performed by M. Jullien's Orchestra, assisted by the drums and fifes of the Grenadier Guards, th e Coldstream Guards, and the Scots Fusilier Guards ; and a Grand Chorus, " Rule Britannia," and " God Save the Queen." New Fife Polka, by M. Jullien, with double Orchestra. The magnificent decorations which were prepared for the Bal Masque will remain during the continuance of these Con certs. The whole theatre will be ornamented with wreaths and garlands of flowers, in gold, silver, and colours. The decorations have been prepared by Messrs. Chabot and Co., who were Barged with the decorations for the grand ball at the reception of the Emperor Napoleon 111. at Stuttgart, and who were engaged, at a great expence, for the express purpose o f arr anging at her Majesty's Theatre a display which will be seen for the first time in this country. The Concert will commence at 8 o'clock. Prices of Admission—Promenade, is ; Upper goxes, Is. ; G a ll er y, ls. ; Dress Circle, 2s, 6d.; Private Boxes, 10s. t3d. and upwards, Prospectuses, with full particulars, may be had at the Box office of the Theatre; of all the principal libraries ; and at Jullien and Co.'s, 214, Regent-street. The First Beethoven Night will take place on Saturday next, Dec. 12, 11 E R MAJESTY'S T REATRE.— M. JIILLIEN'S GRAND BAL M AS Q U E.—ln consequence of the great success of the Bal Masque, M. Jallien will give a SECOND, and positively the Let this season, at the end of the Second Series of Concerts, on MONDAY, Dec. 21.—Applications to be made at the Box Office of the Theatre. T HEATRE ROYAL, HAYMARKET. Lessee—Mr. J. B. Buckstone. THIS EVENING, to commence at Seven o'clock, with a new Comedy, entitled AN UNEQUAL MATCH. Princi pal characters by Messrs. Buekstone, Compton, Chippendale, W. Farren, Miss Amy Sedgwick, Mrs. Buckingham White, an Mrs. E. Fitzwilliam. After which, a new farce, by the author of Box and Cox, entitled TAKE CARE OF DOWB, in which Mr. Buckstone will sustain an original character. Concluding with THE FISH OUT OF WATER. Sam Savoury, Mr. Compton. Orchestra Stalls (which may be retained the whole of the evening), 6s. each. (No charge for booking.) First Price. B. d.I Second price. s. d Dress Boxes 5 0 Dress Boxes 3 0 Upper Boxes 3 0 Upper Boxes 2 0 Pit 2 0 Pit 1 0 Lower Gallery 1 0 Lower Gallery 0 6 Upper Gallery 0 6No half-price to Upper Gallery. ROYAL PRINCESS'S THEATRE. The public is respectfully informed that the play of RICHARD THE SECOND will shortly be withdrawn, and WILL NOT BE AGAIN REPRESENTED in this Thsatre, with the exception of a few nights towards the ex piration of Mr. C. Kean's period of management. R OYAL PRINCESS'S THEATRE. Proprietor, Mr. Charles Kean. THIS EVENING, will be performed Shakspere's Tragedy of KING RICHARD 11. King Richard 11., by Mr. Chas. Kean ; Queen, by Mr?. C. Kean. Preceded by a new farce, in one act, entitled A CASE OF CONSCIENCE. (,) i EP E SCT N LONDON WEDNESD 1.1", LN 10, 6, v 9, S ;) quer was based on the sic volo sic jubco principle. It was because " that was the understanding on which the licensewas granted," or, in other words, because he chose to affix such a restriction. He could not deny that circumstances might alto gether change—in fact they have already changed --or that the foreign drain might altogether cease, but because that was the rate when the Act was not merely suspended, but violated, so it should continue until it was convenient to the Bank to relinquish the indemnity. Of course the Directors will only be too happy to have so good an excuse for continuing the exorbitant rate, which is " fun to them, al though death to many others." By that rate "the rest" rapidly accumulates, and a handsome bonus will be added to the ordinary discount. The pretext that it was not the Bank that regu lated the rate of interest was clearly exposed by Mr. SPOONER. Sir G. C. LEWIS chose to ignore the distinction between " discount" and " inte rest," and it is one that proves the absur dity of the present system, inasmuch as it proves that the prevailing evils have been occasioned not by the want of capital, but by the dearth of cur rency. The nation has abundant capital, but not an adequate measure and representation of value : it is the circulating medium that is deficient. Sir CHARLES WooD, according to his usual cus tom, only complicated the affair by his correction of one of the facts adduced by Mr. MALINS. He declared that, although the minimum, rate of dis count was but 51 per cent., the average rate was 7i, and therefore that the increase was but per cent. !Any other person would have perceived that the average would have advanced with the rate of the minimum—that if 5i gave 7i, 8 would give more than 11 per cent., or 10 about 14 per cent, as the average. The nation will be able to judge of these matters, and sooner or later will pronounce'a just verdict in the great question at issue between the industrial classes and the hard calculators—the bees and the drones of the national hive. Everybody recollects the extraordinary session of the winter of 1854, convened, like the present, for the despatch of important business. It was, until last week, the latest Christmas Parliament the English public could call to their recollection. And the golden fruit of legislation forced into premature growth and immature ripeness by the hot-house influence of that extraordinary session —is it forgotten ? Hardly, by this time, we should conjecture. The product of those winter labours of the Lords and Commons was altogether too monstrous of its kind, was in every particular too much of a phenomenon to be lost so very soon to the popular memory. Was it not literally one of the most laughable specimens on record of the parturiuiit monies, with a result not a jot less absurd in its way than the old hackneyed Hora tian—nascitur ridicules Titus ? Was it not, in other words, the solemn convocation of the Impe rial Legislature of Great Britain during the crisis of a grand European War for—what ? Actually, for the purpose of surrounding the Empire with a befitting defence by the creation of a contemptible little fribbling German Legion ! Outrageous as it seems to talk thus nowadays, so it unquestion ably was in the winter of 1854 : when Parlia ment was hastily assembled at an unusual season for that express object, for the creation of that odious and ludicrous phalanx, the German Legion ! A proceeding that only resulted in entailing a most unnecessary expense upon us ; in our care fully disciplining a set of ungracious mercenaries, to the end (as events proved) that they might occasionally indulge iu the dastardly use of the poignard whenever they were sufficiently flushed with English beer, and that they might ultimately be disbanded at the close of the Crimean conflict without ever once having participated in its perils, or by the stroke of a sword, or the flash of a musket, earned their salt, their rations, or their regimentals ! Another extraordinary session for the despatch of urgent public business has again commenced. The winter of 1854 is repeated in that of 1857. Shall it be repeated as bootlessly, as perversely, as frivolously ? Incredible though it may sound —it really threatens to do so deliberately ! Exa mine the prospectus of this extraordinary session, and answer whether or no we are correct in hazarding this unwelcome declaration ? What is the drift, NI hat is the gist of that Prospectus ? A worthy pendant to the German Legion—a Bill of Indemnity ! That is distinctly about the begin ning, the middle, and the end of it all—a Bill of Indemnity ! Yes, to be sure there is yet some thing more—the reappointment of the Bank Charter Committee ! Just to keep up appearances ! For we know already perfectly well all that a committee of this kind can possibly extract upon a subject long ago threadbare and transparent. Consequently, to all intents and purposes, the object of this newly-inaugurated Extraordinary Ses3ion, is—as we have said before—a Bill of Indemnity. Literally another "ridiculous mouse" to be born from "parturient mountains," with the throes as of an earthquake ! Not a whisper about the scheme of a reorganised Government for Hindostan ! Not a hint as to the bearing or tendency of the new Reform Bill. Upon that head in particular, Lord PALMERSTON feels himself constrained to illustrate, as adroitly as possible, the matchless machiavellian reserve, combining the frank deportment with the hidden thoughts, it volt° sciolto, gli pensieri stretti. The noble lord at the head of the Government has, indeed, resolved upon this course so definitively, that, upon the very first evening of debate, in the archest tone of banter imaginable, he assured the Right Honourable Gentleman the leader of her MAJESTY'S Opposition, that it was hopeless for him to look for any Ministerial explanations prior to the Christ. mas recess ; recommending Mr. DISRAELI, there fore, in the interval to amuse himself as he best might with his own speculations. Cool, this, cer tainly ! What HAMLET speaks of, iu a famous soliloquy, as " the insolence of office r However, it is just within the bare limits of possibility that the leader of the Opposition may by chanco muse over some things in those speculations of his, not dreamt of in Lord PALMERSTON'S political philo sophy ! As dear, toad-eating Mr. RAIKES used to delight in saying, hugging himself with all kinds of fantastic anticipations while saying it through his nose with the true Parisian twang—nous verrons . 1 All depends certainly, for that matter, in a very great measure upon Viscount PALMERSTON himself—still to the eleventh hour it depends, more than upon any one else, upon him ! While, therefore, Mr. DISRAELI is (according to the Pre- [flier's recommendation) indulging himself during the approaching Christmas Holidays wit►i his speetaations—it is to be hoped for his own sake, if not for that of the country at largo, that Lord PAiatensTox will be recreating himself during the same interval with his preparations arrivediti Siam, n m Paris for the winter, Rollo, after a lengthened tour in Lard and Lady France,--------- have The Princes of yesterday morning, on a visit town rfien ld M h o a n v d e ay ar ' r f i r v c e in d The Marquis Camden came t i o a g n , d n c ea o r an S t e e v s e s n o o f ak c s ii n town, from Bretby Park. theT The Earl " The Calcutta money-market was much easier, but Government securities still continued depre ciated. Four per Cents. at 24 discount ; Fives, 11 to 12. Exchange for first-class bills, 2s. 24d. " Thera was a good demand for imports, with advance in prices. In export market no alteration. " The Emeu sailed from Aden for Bombay on the 20th." The following is the letter of the Times' Calcutta correspondent : " CALCUTTA, OCT. 30. " A special steamer starts to-morrow for Suez ; it is said to bring back troops. .1 avail myself of this opportunity to forward to you a short account of the events of the past week. " From Lucknow, the great point of interest, however, the Government itself has little informa tion. So completely is the force there beleaguered, that the old device of enclosing letters in a quill has been of necessity abandoned. The only mes sage received for weeks was written on a piece of paper three inches square, and concealed by a de vice it may be prudent as yet to keep private. The few facts so reported are somewhat discouraging. Sir James Outram's force has been terribly reduced. You will remember that about the 25th of September he and General Havelock forced their way into the Residency, and relieved the garrison. This feat was accomplished by pressing on through gardens, small bazars, knots of houses, and other enclosed places. The enemy fought as Asiatics always fight behind stone walls. The bullets literally rained upon the advancing force, and that single movement cost 460 men. Sixteen officers of the 90th were killed or placed hors de combat, and almost all the superior officers of the sth Fusiliers. There had been some hard fighting before the relieving force reached the enclosures, and the total number of soldiers rendered useless cannot be fixed at less than 700. The forts therefore, even atter its junction with the garrison already in the Residency, cannot be more than 1,400 strong, and this small party must be embarrassed by the care of the sick and wounded, women and children, to a number in ex cess of its owe. Thera are besides seine 800 men at t''e Alimbagh, with a great array of camp fol lowers, but they are believed to be without the means of communicating with the Residency. Since this time we know little positively, and that Utth is solely native gossip. The rumour?, however, all point to one fact, that General Outram, daring the second week in October, attacked some large build ing, probably one of the palaces, and was driven back with further loss of life. I haveseen one letter in which the writer, himself in Oude, states this as a fact, but I warn you that this and all other ac counts must be received with caution. It is nearly certain that there are 70,000 men, Sepoys and armed retainers, around Lucknow. On the 6th or 7th Sir Colin Campbell, with an army, will be before Lucknow. The Commander-in-Chief quitted Calcutta on the 27th instant. He will reach Cawnpore by the 2d of November, and there take the command of some four thousand men, includ ing his own Highland brigade, and 800 cavalry. With this little army and a very heavy train of artillery he will press on to Lucknow, pick up the force at the Alumbagb, and commence the destruction of the city. It 'is a lath and plaster place, and the heavy guns will smash a path for him without so terrible a loss of European life. I hope, therefore, by the mail of the 20th of November, to report the destruction of Lucknow, the relief of the garrison, and the dispersion of the besiegers. Great confidence is felt here in Sir Colin Campbell. He has will as well as judgment, can be as hard as iron when necessary, and cares nothing about old offi cers,' experience," claims,' or, indeed, anything except efficiency. "It is reported that Man Singh, the great land holder of Southern Oude, has repented h;rn of his treachery. This is the scoundrel who promised General Havelock aid if he would advance, and then attacked him. He now promises, if the British will spare his life and his esta es, to turn round once more. Ido not know what answer he has received, but I believe Government is firm. From Delhi we have little news. Some further incidents of the siege, however, have come to light, and among them one which has driven every Euro pean, except the higher officials, almost frantic. The sepoys took all the wounded Europeans they could catch during the siege, and burnt them alive. The charred bodie;, tied to stakes, were found by the stormers, with the Queen's buttons still recognisable. Agra is now safe, the defeated rebels moving to wards Culpee. JL'anpore and Goruckpore, how ever, are in a terrible condition, great bands of ruf fians marching everywhere and committing horrible atrocities. "In Bengal the insurrection is dying mit. I have just received certain information as to the fate of the King of Delhi. His life is to be spared ; fer the officer who arrested him in viola tion of orders, gave him a pledge to that effect. The blunder is disastrous in the extreme. The hoary scoundrel deliberately ordered the mur der of 43 English women and children, and his exemption from punishment will be interpreted by every native into fear. They will only laugh at the story of the pledge as an invention to con ceal the inability of the Government to carry out its will. It seems indeed somewhat Quixotic to say that a pol ce officer can save a murderer by promising him life. You must remember the King is only a simple subject. He is protected by uo treaty, and is in no sense a prisoner of war. The Court of Directors 50 years ago exempted his palace from the authority of the courts of justice, but only by an order, not by a treaty or agreement. He ought to be transported for life. As it is he has played a winning game. If he had succeeded he would have gained an empire ; as he has failed he loses simply nothing—a perpetual encourage ment to every native scoundrel with a few provinces and au army of ragamuffins. " Lieu e :ant OTh3rne, at Rewah, has been saved by the advance of a firm) from Mirz spore." OFFICERS KNOWN TO HAVE BEEN KILLED AT LIICKNOW UNDER OUTRA3I AND HAVELOCK. General Neill ; Lieutenant-Colonel naz-!ley, Bengal Artillery ; Major G. L. Cooper, du. ; Lieut. Webster, 78th do. ; Lieutenant Bateman, 64. h do. ; Majcr Sim mons, sth do. ; Lieutenant Haigh, do. ; CApt. Johnson, do. ; Lieutenant Career, do. ; Lieutenant Maybury, 84th do. ; Lieutenant Warren. Irregular Cavalry ; Brevet-Uajor Perrin, 90th ; Lieutenant Praton, 90th ; Lieutenant Graham, 90. h ; Lieutenant Nunn, 90th. Mr. Samuel Thornton, Deputy Coilecbr of Mair Raneepore, in Jhansi, and Messrs. Passanetti and Gritlith.-', Deputy Collector of Jaloun, Mr. C. Andrews, and 2 clerks, from Jhansi, have arrived at Cawnpore. The Government have supplied the names of the following persons. as having, whilst reported to have . i LATEST WS. THE AUSTRALIAN MAILS. (BY ELECTRIC TELEGRAPH.) SOUTHAMPTON, DEC. 9. Arrived, the Tamar, with the heavy portion of the Australian mails, 21 passengers, and 305,7691. in specie. Dates—Alexandria, Nov. 27 ; Malta, Dec. 1. She spoke the Sultan. IMPORTANT FROM INDIA. (Frain the Second Edition of the Time 3.) By the extra arrival of the Oriental at Suez, which vessel brought a mail, we have received our Cal cutta correspondence and Calcutta papers to the 31st of October inclusive. We have also received the copy of a telegram forwarded from Malta, 4th Dec., at noon, by our correspondent. It is much fuller and clearer than the telegram received by the Government. It is as follows : " ALEXANDRIA, Nov. 30. " The Oriental arrived at Suez on the 28th inst., to receive troops from England. "Her mails go forward this morning per French steamer. "The dates of intelligence are—Calcutta, Ist Nov. ; Madras, 6th ; Galle, 10th. " The position of Havelock's force at Lucknow continued unchanged. Two convoys of provisions are stated to have reached the place in safety. General Outram is said to have been wounded. " Sir Colin Campbell and Staff left Raneegunge on the 28th of October for Cawnpore, whero it was expected they would arrive on the 2d of November. The Commander-in-Chief will march upon Lucknow at the head of about 4,000 men and 800 cavalry. " The remainder of the 32d have been disarmed, and are at Barrackpore. " The excitement among the Santhals has been allayed. " L The Oriental reports the arrivals of the Sid ney, Ulysses, and Surrey at Calcutta. The Lady Jocelyn was passed in the river. The Victoria had reachod Madras. The Cleopatra and Merchantman were at GAN. Her Majesty's steamer Sanspareil and Assistance were to leave China with some marines. According to the present aspect of things, it seems Oude is to be the great centre of the contest which we have now to sustain. Agra has been again threatened, but the insurgents have diverted their course, and are now proceeding in the direction of Lucknow, where, on the other hand, we are preparing to concentrate a large force, in order to make a decisive blow. It has become apparent now to all, and we believe that the Com mander-in-Chief was the first to be convinced of the fact, that the maintenance of our present position in Oude can only be effected by a force as formidable in numbers as the little armies which have been hitherto sent have been formidable in daring and valour. Sir Cohn Campbell has already left Cal cutta for Cawnpore, where he will establish his head-quarters, and where he will join Colonel Greathead with his victorious column, which has already arrived. Troops—of which we have now a large number in Calcutta—are being sent up as fast as carriage can be secured for them, and Sir Cohn will doubtless have a large force at his dis posal for the work that has to be done. Notwith standing the gallant efforts of both officers and men, in what was called the Relief of Lucknow, it is but too apparent that the "Relief" was only a reinforce ment, and that our two positions —the Residency and Alambagh—have been unable to effect a communica tion in the face of the tremendous odds opposed to them. We have had but vague accounts of the condition of the garrisons of these two places, and the most alarming rumours were of course circu lated. Yesterday we received some more certain in formation, and from this it is known that a rather severe loss was sustained at a sortie from Alambagb, made for the purpose of establishing a communica tion with the Residency, and that Sir James Outram himself was wounded. The head-quarters of the 32d N.I. have behaved very well since the mutiny of the detached portion of the Regiment. Their commandant—Col. Bur ney, an officer who thoroughly understands Sepoy nature—marched them down to Raneegunge, where they laid down their arms in a most tractable man ner, without a request or hint of any kind. They remain at Raneegunge at present, to add to the difficulty which is felt in disposing of the other three disarmed regiments in Calcutta and Barrackpore. These corps are too bad to be trusted and too good to be shot, and are therefore fit for nothing except to receive their pay and to necessi tate the employment of an European regiment to look after them. The following has been received from the Cal cutta Government : " From BenareB, Oct. 24. " FROM THE LIEUTENANT-GOVERNOR TO THR GOVERNOR. GENERAL. "A. man of the Intelligence Department, who left Lucknow eight days ago, reports that our prospects there were looking up. Half the city (he says) was in our power, and our troops beyond reach of the enemy. The messenger saw 300 or 400 footsore fugitives from Delhi coming south. When they heard of our Ghoorkas' doings, they returned northwards. The Gboorkas' doings were probably the defeat of the party which crossed the Joudpore frontier the other day, with 1084 of about 250 killed ; 181 bodies counted next day, besides many shot in a tank, and others carried away in the nigh% Our small body of police sowars cut up large numbers. Six standards taken. Our loss is seven wounded." The following was received last evening from Government : "From Cawnpore, Tuesday, Oct. 27. "FROM CAPTAIN H. BRUCE, FOR GENELAL OUTRAM. To THE GOVERNOR-GENERAL. "A letter from Major-General Outrun of the 20th Sept. btates that Lieut. Wild, of the 40th Native Infantry, who waa supposed to be dead, is living." We have received the following service message from Government "From 115wab, Oct. 25, via Mirzapore, Oct. 26, Monday. 10.15 a.m. "FROM LIEUT. OSBORNE TO THE GOVERNOR-GENERAL. "The Rewah Territory is now quiet. The Sirdars havo thrown themselves on the mercy of Government. This has been brought about by the presence of the force at the Knttra Pass." "From Cawnpore, Saturday, Oct. 24, 5.55 p.m. "FROM COLONEL WILSON TO THE CHIEF OF THE STAFF. it C a mp Ivlynpoorie Cantonments, Oct. 20. "The moveable column now commanded by Brigadier Hope Grant, marched 24 miles into this place yester day, and reoccupied it without opposition. The Rajah fled a few hours before our arrival, leaving behind him a good deal of property, a brass six-pounder, several small native guns, and about 14,000ibs. of gunpowder, togther with two lac , , 30,000 rttpee, the treasure left here when the outbreak first too'c Owe We march on Rewar to-morrow, and if all goes well undertake to reach Cawnpore by the 28th inst. A body of mutineers with eight guns were reported to have taken up a position at Ba war, but are now said to have fled. The Gwalior troops are believed to be making for Jhansi, and a large number of Delhi fugitive mutineers were at Meermuin, the force between this and Ca ampere a few days ago doubtful whether to march into Oude, or to make for Banda and that neighbourhood." The following service messages were received from Government last evening : " F via C awn p ore , O c t. 27. "FROMtiV ro . mAtl Agra, uma,EOcBQ, 22, TOO.. F. EDMONSTONE, ESQ. " Shower.' column occupied Dadree on the sth, taking six guns. Nawab came o u t t o mee t Show e rs and promised aid in seizing the mutineers on the 16th. The Cashmere troops under R. Lawrence joined the column on the 17th. They moved towards Jhujjur. The Nawab came out and surrendered himself. "Opposition was expected at Jhujjur ; but the can tonments were found evacuted. 21 guns and much ammunition. R. Lawrence with Cashmerees takes charge of Jbujjur. Joudpore mutineers have moved to near Sarngliai Lake, supposed to contemplate a flight to Rohulcund. Indora mutineers at Futtehpore side have fled towards Beano, in the direction of Rajpootana. All our own provi nces t o t h e N or th West generally quiet." From Agra, Oct. 20, via Cawnpore, Oat. 28, Wednes d "From W. Mumay, 5 50 p.m., Esq., to G. F. ED3IONSTONE, " Showers' Brigade took possession of Kanoond with five lac!, cutting off 400 of Nabob's troops on the 20th instant." The following has been received from Govern. ment " Extract from a letter from Mr. Muir, dated Agra, Oct. 20, 1857. " 500 Muzbee Sappers and Miners left Dahi for Agra by left bank of Juinna, under command of Capt. Taylor, on 16th inst., as a reinforcement for us. " The force tbat had a second time attacked Nynee T w a e l s. h t t s re treated. All quiet here and to the North OA.WNPORE. EXTRACT OF A LETTER. " Eutrenched Camp, Cawnpore, OA. 21, 1857. " Our poor fellow s i n L uc know, hemmed in on all side, are suffering terribly from want of food. Thomost distressing reports are floating about camp, but I refrain from repeating them. To-rii B lit four guns and 700 men leave fur Alain baugh, near Lucknow, with provisions. May GJd stpuereedlietleem our gilaanda nt his comrades blessings t a h tt e e r n e. d ” their efforts been killed at Gwalior, effected their escape to Agra : " Mrs. Blake, widow of Major Blake. " Mrs. Proctor, widow of Lieutenant Proctor. " Mrs. Kirke, widow of Dr. Kirke, and one child. "Mrs. Hawkins, widow of Captain Hawkins, and three children. " Captain Stewart's child. " Mrs. Coopland, widow of Rev. Mr. Coopland. " Mrs. Raikes, wife of Major R. N. Raikes and one child. " Mrs. Twithen, wife of Sergeant Twitchon, and five children. "Mrs. Webb, widow of Sergeant Webb. " Mrs. Hill, widow of Gunner Hill. " Mrs. Cronan, widow of Sergeant Cronin. " Mrs. Collieies (?) widow of Drummer Collieies, and six children," The Supreme Government state that, in a letter from General Outram, dated the 26th September, it is asserted that Lieutenant Wild, of the 40th N. 1., who was supposed to have been killed, is still living. (From the Bengal flurkaru of 31st Oct) The opportunity of an additional steamer enables us to transmit an Extra Overland Summary, which will, doubtless, be acceptable to our home readers in their thirst for Indian news. The short time that has elapsed since the publi cation of our last bi-monthly publication has not been productive of any very important events. We are still gaining successes over the rebels, who are still showing every determination not to be subdued if they can help it. As we told our readers on the 22d inst., the rebellion is by no means put down, neither are the rebels showing the smallest signs of being disheart ened. They are still threatening our forces at all the principal points in Bengal and the North•west. In the other presidences, as in the Punjab, there is but little disturbance of the outward tranquility which has generally prevailed, though in Bombay some traitors have been discovered among the se poys, and some severe executions have been the result. COMMERCIAL RERORT. --- - CALCUTTA, Oat. 30. The Peninsular and Oriental Company's steamer Alma, with the English mail of the 20th of September, has not yet been reported. In our produce market there has not been much change since our last ; In'iness, excepting in saltpetre, has been very limited, the intervention of the native holidays on Tuesday and Wednesday last, and the expected arrival Uf the English mail having almost restric'ed operatfons. In imports a fair amount of business has been done in mule twist and heavy grey s ki rt i ngs a t a f ur th er i mprove ment in prices. There has been a speculative inquiry for white jaconets at a slight improvement in price. In ali ether descriptions of cotton Tory little has beou done this " St. Petersburg, Nov. 17. " Sir,—l had the honour to receive your despatch of the 30th Oct., with, annexed to it, the new circular of the Ottoman government to its representatives at the courts which signed the treaty of Paris. We believe it is useless to enter into a discussion wit't the§Turkish Minister of Foreign Affairs ; but, if we had not thought so, we should have noticed his assertions on the capitulations of the principalities and especially on the ex p re s s i on of 'sovereignty' which figures in the circular, and which cannot in any ca-e be applied to the relations of thwe provinces with the sublime Porte. We will leave that c)mmunicAtion without reply ; and if Aali Pacha should speak of it to your Excellency, you will say that we refer to the spirit of our despatch of the 22d Oct.—Receive, &c., " GOBTSCHAKOFF." A Vienna letter of the 2d says :—" in a confer ence yesterday between Count Buol and Prince Kallimaki, the latter communicated the bases of the plan of organisation of Moldavia and Wallachia which the Porte is drawing up ; the principal fea tures are that two princes shall be elected for life by the Divans from families of the provinces, sub ject to the confirmation of the Porte ; that a certain union shall exit between the Principalities as re gards military, postal, customs, and telegraphic communications ; that a Moldavian commission shall be nominated to superintend these matters in Wallachia, and a Wallachian one in Moldavia. ; and that the two shall at intervals form one commission, meeting at Jassy or Bucharest at fixed intervals to modify existing regulations." BRAZIL AND THE SLAVE TRADE. week. In metals, nothing doing in copper. Sales of iron and speltor havo taken place at slightly higher prices. The money market is gradually gaffing easier, bullion i 3 increasing in the bazaar, and confidence amongst the Shroffs is being restored. The position of the Bank of Bengal is also improving. Government Securities remain much about the same as last week ; scarcely any business has been dole during the week. We quate Company's Four per Cent. at 24 0 to 24 8 per eent. die. ; Sicca Four per Cent. at 24 0 to 24 8 per cent. dis. ; New Five per Cent, at 11 8 to 12 0 per cant die. Exchange on London.—Little business has been done since the last mail ; and present quotations are—First Class Bills at 22f 0 to 2 21 0 ; Document Bills at 2 Vi 0. FRANCE. PARIS, TUESDAY EVENING. The situation of theßank continues to improve. Since Saturday the reserve has reached the amount of 230,00,000 f. BOURSE, Dec. B.—The following were the last quotations : Cash. fr. End of Month. 4i per Cents 3 per Cents 66 66 10 Bank Shares 3125 Credit Fonc!er 540 Credit Mobilier 712 50 Roman B4 Do. Account 722 50 Austrian Belgian Belgian 4i Fiedmontese (5) — Homo Debt RAILWAYS-FOR CASIf• fr. c. tr c. Orleans 1 — Northern 4 — New Ditto i — Lyons and Med 855 Grand Central i — New Ditt0.......... 850 Sa r di n i an 2 Geneva 620 Austrian Com. ...... 665 THE PRINCIPALI LIES. The Nord of Brussels publishes the following despatch from Prince Gortschakoff to M. de Bou tenieff, Minister of Russia at Constantinople, as a proof that the cabinet of St. Petersburg has not in any respect changed its views or attitude relative to the Danubian principalities : TO THE EDITOR OF THE SUN. Sin,—ln your impression of yesterday evening a short letter appeared from Lieut.-Colonel Wel lington Guernsey, refuting the statement of Dr. Livingstone, regarding the " moral influence of Great Britaia over the Government of Brazil with respect to the slave trade." He says " the impor tation of slaves is strictly forbidden in the Brazils, for reasons unnecessary to state those laws are worthily upheld by the Emperor and Government, this, and this only, effectually prevents the impor tation of backs into Brazil—not the British squa dron, as has often been proved, can prevent them landing ; or, as the rev. gentleman asserts, the moral influence of Great Britain, either in England or through herresident merchants in Brazil, hardly one of whom are not slaveholders in the strictest sense of the word—an assertion very easilyproved." Does the colonel know how long the "importations of slaves" into the Brazils has been against the laws of the land ? Has he ever read the corre spondence that has passed between the Ministers of both countries upon this important subject ? If he will look into the "Blue Books" he will find that for years past the influence of the Govern ment of Great Britain has been well and nobly exerted in the cause of African freedom. That Lord Palmerston and other members of her Majesty's Government of the present and of former times hive zealously and faithfully laboured to bring about a similarity of sentiment between themselves and the most influential advisers of the Brazilian crown. That advice, in a spirit of friendship, has been constantly given by our Minister at Rio de Janeiro in the name of the British Government, to the Cabinet of the Emperor ; and that last, though not least, very serious consequences might have arisen to the dignity and commerce of the Brazilian empire if the laws, that the colonel says are so " worthily upheld by the Emperor and Government of Brazil, had not been decreed against the con tinuation of this abominable traffic. Ido not wish to deprive theEmpt roror the Government of Sri zil of any part of the credit they are justly entitled to for this act of Chri-tian benevolence. On the con trary, I think they deserve our warmest thanks and consideration for their conduct on this most important occasion. It is probable that, in time, other motives than those of acting against the wishes and opinions of the great nations of Europe might have influenced their proceedings and guided their counsels. But this Ido affirm, without fear of contradiction, that Dr. Livingstone is quite right in his statement that " the present position of Brazil with regard to the Slave Trade has been ac celeratA by the moral influence of Great Britain, and the enlightened views of the Emperor." Why, sir, if Great Britain had not stirred in this matter, what would have been the fate of the Slave Trade ? Can we suppose that, if this country had not taken a leading part in the suppression of this traffic, any other would have cared one straw whe ther Spain, Portugal, America, or Brazil were im porting slaves into their colonies at the rate of 50,000 a year'? Certainly not, and yet the gallant colonel denies the influence of Great Britain, and that any credit is due to her for her exertions. With respect to another assertion of his, that the " African squadron is of no use," I beg to differ with him entirely, and assert that the squadron has mainly assisted in establishing the " moral influ ence" he complains of. _ _ _ What if the coast of Brazil had been blockaded by a British squadron, and a right of search esta blished over all the shipping that left or approached its shores ? Withdraw the squadron from the coast of Africa, and see how the trade would again be revived in all parts of the world. The colonel can have had no experience in these matters, and he would do well to study the " past and present of the slave trade" before he gives an opinion upon the "good or evil" of the African squadron. I will not touch upon his accusation that our merchants at Brazil are " Slaveholders in the strictest sense of the word." We aro as much indebted to the " moral influ ence of Great Britain" as to the enlightened views of the Emperor of Brazil, and his Government, fur the present laws existing in the latter country against the importation of slaves. I remain, yours very faithfully, A. EARDL EY WILMOT, Captain, R.N. London, Dec. 8, 1857. The Count Luda, accompanied by Chevalier Luda, has left the Brunswick Hotel, St. James's, for Paris, en route for Sardinia. About 260,000/., chiefly in Californian, French, and Russian gold; was sold to the Bank yesterday. About 80,000 sovereigns, recently brought from New York, were also delivered there. The amount of silver supplied for Hamburg by the steamer Neptune, to sail to-day, is about 55,0001. only ; a further sum may therefore be expected to be sent by the packet on Saturday. THE LEVIATIIAN. — The dense fog yesterday proved an obstacle to the progress of the vessel, which no amount of hydraulic pressure was able to overcome. The men were set t) work early in the morning, but for some time laboured i❑ vain. All the pressure and tackle from the river were pushed and strained to the utmost. The expedient of suddenly letting the water out of the hydraulic machine at the aft cradle, which, when ordi nary methods have failed, has often started her, was also tried, but without effect. A general p - use woe made, therefore, while some screw jacks were be . ng pre pared, and then, when she was relieved from all pressure fore and aft, the capricious monster suddenly slipped of herself for a distance of nearly two feet. She was immediately followed up, and two or three more short slips got out of her with slight difficulty, and all seemei to premise well for a goad day's progress, when the fug interv,ned. For a few minutes an attempt was made to continua work, but the thick murky vapour swept over irom the river in such dense ITMiSCEI that it not only beoaina itnpo4sibia to see, but even very diffi cult to hear, and at 10 o'clock the efforts were dircan tinued entirely. Tue total distance accomplished yesterday was only 4 feet 9 inches forward, and 4 feet 4 inches aft. To whom shall we henceforth respectfully ascribe honours where honours are due ? Who can now be a Whig, and have within him the advocacy of pro gress Are not Whigs now the obstacle to all progress? It matters not in whatever shape any measure be brought before the house, that inter feres with their line of policy, negation confronts it all, and progress is by them regarded as the hydra-headed monster which Hercules could not slay so long as it touched the earth, simply because it prevented his entrance into the garden of bliss. Now their Elysian fields, therefore, are stagnant waters, and barren, unproductive lands, symbolic of selfish aspirations and narrow-minded, sordid loves: We have but to read the speeches upon the cur rency and on the Bill of Indemnity, and we shall soon discover who are the opponents to the pro gress which this day demands. Ino longer wish to have such friends. Save me from my friends. I no longer venture to assert my denomina tion of any one order of society, for I can no longer distinguish between Toryism and Whigism, except that of the two. I believe we may expect more from the former than the latter. Having carefully perused the speeches of both on all occasions, as on the present crisis, I can prove that it is a compliment to the Whigs to say they are all six of one and half-a-dozen of the other. I am well aware that the party out of office can make calls for action on Government, which they themselves, when in office, were not energetic enough to accomplish, or circumstances might not have rendered practical at the time. But in Lord Derby's speech there is an earnest effort to grapple with the difficulty of the day. After entering upon the detail of the distrese i of the operatives, he was the only man in the House of Peers that seemed to have a right fellow-feeling and estima tion of their real position. He said that "if the operatives had the good sense and judgment to ab stain from that which could do them no good, and would produce nothing but evil—if they maintained a peaceable, respectful, orderly demeanour under these circumstances of such pressure—all honour to the good sense and loyalty of the operatives." Moreover, he furnished us with some new statis tics, and asserted that "while our exports had betn 308 millions, the imports had been 468 millions, leaving a balance of 160 millions of imports over exports. How had those imports been paid for ? The country had had to export 84millions in bullion in consequence of the disparity between its imports and exports." Lord Derby might have gone on io show that if we had altogether, in gold and goods, exported 76 millions less than we imported, that amount of 76 millions, at least of value, remained in the country, which was enough in itself to justify an extended circulation. Inc I ease of value of property justifies an increase of issue ; but if it be said that these imports were not paid for, and the country remained in a state of indebtedness, the cause of the panic might be discovered to have had its origin in part to these excessive purchases and consignments, together with the decline of the Australian trade. But the goods were here, and could be offered as securities ; therefore, with a sufficient issue, no panic need have arisen from any such cause, but with an in sufficient issue danger must ever attend an excess of imports over exports to the extent of seventy six millions. Now this would, apparently, exculpate the Bank of England from any charge of having induced this state of things, but for the known fact that their emissaries, in the shape of bankers and money lenders, are everywhere urging new undertakings, themselves making largo advances upon the same, whether speculative or not. It is well known that the large fast man is encouraged, even without capital, while the small, hardworking, plodding man requiring the slightest assistance never gets it. Now for ouefriends. Lord Overstone backs the soundness of his 1844 crotchet against the prero gative of the Crown. He says, " The quantity of money in the country was determined by sound principles, with which the prerogative of the Crown had ;nothing to do. The Act of 1844 was founded on two simple principles-Ist that gold was the money of England, 2d that the quantity of money in the country should not be under the control of Government." In the first place I do not look upon the Crown as an individualprerogstive, but as a national preroga tive, personated by one individual ; " sound prin ciples are also best arrived at by the combined intelligence of the nation, with which the prero gative of the Crown has all to do. Again, that the quantity of money should not be under the control of Government." This is an assumption of the touchy old lady of Threadneedle-street that indicates dotage and incapacity to a serious extent. At the time when Walpole spent 1,300,0001. upon the civil list, when the Williams and the Georges had nolinait to their squanderings and extravagance, when money was spent with such recklessness as to subsidize our enemies. Such language as Lord Overstone's might then have been used, but not when the most frugal of Sovereigns reigns in the hearts of her people, leaving her Government to make laws, to which she subscribe deferentially to the wisdom of her statesmen. In this day—in the .year of 1857, the money of the country should, of all things, be under the con trol of the Government, for Lord 0 verstone has made himself transparent, and has also made himself identical with the Bank of England. He could not help feeling chagrined on Friday when he threw off the mask unguardedly, saying, " What would be said if the Government - were to go to those who were suffering from the short supply of provisions, and say we will undertake to get a larger supply of provisions and sell them to you at the present price." That was what had been done at the present time by the issue of the Government letter. Herein is the solution of the Overstone crochet ; he would have no extension of issue, knowing well, that the less the issue the higher the rate of interest can be charged for all discounts, just as goods limited in supply till they become scarce, become dear—just as the salmon fisheries throw overboard a lot of salmon in order to keep tho market barely supplied so as to keep up the price. Neither Lord Over stone nor the Bank of England wish an extension of issue, because it will interfere with their high rates arising out of scarcity and their system of plucking the world. " Free trade in money" becomes a farce with Sir R. Peel's bill in force of 1844. The contradic tion in Lord Overstone's remarks in the house, are characteristic of the confusion which his policy I must give rise to. In one part of his speech he said, I " the provisions of the bill of 1844 were essential to the proper control of the monetary system of the exchanges, and could not be relaxed without Con ger." Soon after he said "if they had maintained the monetary system (1844) for 24 hours longer, the whole system would have been upset, the irre trievable ruin of all those who had built on it (in cluding himself of course)." Altogether he handled his subject so badly, or he felt his weak points so forcibly, that to allude to him further would really be a compliment to him he does not deserve. The Lord Chancellor's remarks upon " the circu- lation of 38,000,0001., and the only portion co vered by bullion was that in the Bank of Eng land, in addition to that issued on security," may be well noticed ; but bullion is not the only in trinsic commodity that should furnish convertibility to issue. Taxes and duties are as certain to exist in England as ever gold is—are as internal, real, and fixed iu the nature of things as ever metal can be. We can no more get over paying taxes and duties than we can paying in gold as long as notes are convertible. Exchequer-notes, then, would have 70 or 80 millions of that which is analagous to bul lion to cover an issue of, say 20 millions of Exche quer-notes, wer e the reality of taxation converti bility adopted instead of bullion conversion. Allow, then, the Bank of England to be regulated by the bill of 1844, for the purposes of all foreign and mercantile operations, in order that no disar rangement might arise from the exchanges ; but frame a bill that shall legalise a c issue, that, ti • that, from its very nature of fixity, canonly su l e ;e , applicable to home purposes, such as Exchequer notes must necessarily be. Let any statesman who might fancy any danger that could arise out of this issue on tax convertibi lity put down in figures the enormous amount of the wealth of Great Britain, he will then see how small a proportion twenty millions is to that MIGHTY sum, which would render Exchequer-notes safer than gold, backed as it must be by the whole nation's worth. SPORTING NOTES. NOTIONS ABOUT THE DERBY. People are puzzled to select a Derby horse whose public running is his sole recommendation. They regard with suspicion the present ruling favourites of the ring and confidently anticipate that early in the ensuing season a complete revolution will be effected in the betting. These expectations lam somewhat inclined to share, and I shall be fully prepared to see the Pro' motion" of certain little thought of outsiders. Clydesdale made his debut at Ascot with a high reputation, and that reputation he fully sustained by the clever manner in which he de feated the field that was opposed to him. Still, with perhaps the exception of Happy Land—who was they not in form—his opponents possessed no great racing merit. Clydesdale, however, won easily, and were he a Flying Childers be could do no more. Report states that he is better than Sedbury, and the betting indicates that it is founded on truth. For Sedbury I have a great partiality, for, setting aside the merit of his perfor• mances, he appears to me likely to train on into a sound useful horse. He has run twice, and was each time successful, having, on both occasionet beaten a large field of not mediocre horses. At Epsom we found him "showing his tail" to Polly Peachum and others, and at Ascot, carrying slbs more than any other horse in the race, he cut down cleverly Venitia, Lord of Lorn, and Vandyke. These achieve ments are sufficient to recommend him to notice, but like Oulston and others he is thrown into the shade by the towering popularity of an animal for whom the " stable" entertains a greater partiality. If Clydesdale be better than Sedbury, I shall not question his right to the position which he occupies in the Derby betting. The favour which is bestowed on Cock-a-doodle-do seems to me to be as extraordinary as it is inexplicable. Twice has he run, and twice has he been disgracefully beaten, yet his position in the betting has scarcely been shaken by his defeats. He is now as firm in the market as he was before he " performed" so ingloriously for the July Stakes. The public faith in John Scott is large, and people hope all things from the skill which enabled a Warlock and an Imperieuse to win the St. Leger. Judging from the money which has been, and is, pit on Cock-a-doodle-do I am fain to conclude there is more in him than has yet met the eye. He is a big-boned lurching horse, and with time the Wizard of the North may work wonders in his form. Cock-a-doodle-do, bow• ever, seems for the present to have bad his comb out by Toxopholite s who, seemingly, has his quiver full of good qualities. Now, without taking violent exception to Toxopholite, I will simply record my want of faith in him, and my disbelief in the ability of the Longbows to stay. His sire, we know, was scarcely a " sailer," and both Toxopholite and Longrange will shoot their bolt at that distance. IieXCILEQUAR _NOTES. [FROM A CORRESPONDENT.] THE INDIAN TELEGRAMS. The telegram published in The Sun on Tuesday, the Bth of December, according to the official com munication, loft Malta at 2 p.m. on the 4th of Dacember, and Cagliari at 8 p.m. the same day, reaching the Foreign-office at 6.35 on the 7th — that is to say, more than 70 hours between Cag liari and London. The Hegrams of the preceding mail took respec tivaly 13 hours 15 miuu'e3 and 18 hours 40 min. from Cagliari to London. The quotation of the exchange at-New York on Lon. don for bills at 60 days' sight is about 1031 per cent. for first-class paper. At the present rate of discount here there is consequently no profit on the transmission of gold from this country to the United States. Mr. Parr has a sound, good horse in Kelpie, whose running at Goodwood deservedly elevated him into prominent position in the betting. For the Craver Stakes—one mile and a quarter—he was in a good poor tion, and subsequently he chopped down a large field for the Nursery. These performances are proofs of his star ing qualities. Perhaps, however, happy Land has truer titles to support than any other horse in the race. Early i n the season everything went down before him ; he 0 60 seemingly went off, but the ridiculously easy style in which he defeated nineteen horses for the Criteria!), showed that the form which he displayed in the sPri l3s , was not decepti ve . H appy L and may prove wor thy 01 his parentage by giving Glee to his backers, and causinghis opponents t o w i s h bi m at J er i c h o. I must se e Ditto accomplish a better "thi ng " th an h e did a t Doncaster , before I pl ace f a ith i n hi s ability. Vandyke is undo serving the place he holds in the betting, and Mentraora will prove merely another Sydney for Baron Itotha• child. Mr. Saxon bas a strong, well-built colt in Ancient Briton, and he evidently believes him to be a good one, for in bestowing upon him the name he merely followed the advice of a friend, who said, " Saxon, if ever 1 01 get a good colt, call him The Ancient Briton." The space in The Sun may be more worthily occupied by Parliamentary intelligence and Indian news than by an elaborate discussion, at this period, of the doubtful Derby chances. I shall, therefore, bring my notes to close. . By the way, I may be allowed to say something in behalf of Fcises Racing Record. On Saturday last the December part and the yearly volume were publi s h e d, and they contained a mass of most useful information. This day was published another volume of the same work, containing the nominations for next year, Derby lots, &c., in addition to the record of the racing. A volume so complete , s in every detail was never ( ; before offered to the public. A FRESH MAN. BETTING AT MANCHESTER.—TUESDAT. TWO THOUSAND GUINEAS STAKES. 100 to 15 offered on the field. DERBY. 25 to 1 agst Ditto (taken) 25 to 1 agst Happy Land (taken) CHESTER COP. 1,000 to 10 aget General Bosquet (taken) 1,000 to 10 aget Rocket (taken) 1,000 to 10 agst Palmister (taken) 1,000 to 10 aget Leamington (taken) COMMERCIAL FAILURES. The suspension of Messrs. Hadland and Co., es B ° • elated with the Manchester trade, was announced yea terday, the general pressure in the money market having occasioned their embarrassment. It is stated that the debts and liabilities represent 30,0001. Messrs. Lichtenstein and Co., eng aged in trade with the continent, have stopped payment, with liabilities estimated at about 30,0001. Messrs. D. Couvela and Co., a Greek firm, of N ew Broad-street, have also failed. Their liabilities are not expected to exceed 25,0001. or 30,0001. A meeting of the creditors of Messrs. Lockman an d Cotching, who suspended on 23d ult., was held yesterdar. A proposition was made to pay 7s. in the pound. agree°. The. offer was rejected. After some discussion it was to allow the firm one week from the present date with view to their increasing the o ff er to 83. 6d. The total liabilities are 20,7111., and the assets 10,1071. The estate of Messrs. J. IL Baird and Co., Aust ralian merchants, is to be wound up under inspection, and it is proposed to empower Mr. Baird to proceed to Mel ' bourne for the purpose of realising the property f or the benefit of the creditors. Two more failures of some importance w ere announced at Hamburg yesterday. The hou ses are Messrs. Lutz ' In and Co., general merchants, and Mr. Pontoppidan. the latter case, the suspension is expected to be merely temporary. Messrs. Sieveking and Co., of Altona, and Messrs. Schroder and Eiffe, of Hakxiburg, have resumed payment. MARKET NEWS.—(This Day.) CORN EXCHANGE. Although the show of English wheat in to-day's market was moderate, the demand for most kinds was in a slug" gish state, at Monday's decline in value. The condition of the samples was very middling. Old foreign wheats were mostly held at previous rates, but new qualities moved off heavily. There was very little business doing in floating cargoes* Fine barley sold at full prices; but all other kinds were heavy, at the late fall in value. There was a slow sale for malt, yet prices were Bur ported. We had rather an improved feeling in the oat trade, at previous rates. Beans, peas, and flour were dull, but not cheaper. ARRIVALS THIS WEEK. Wheat. Barley. Malt. 990 I 980 1,430 English Irish Oats. Flow: 20 1,140 1,200 1,200 -- s A 12,440 Ws Foreign 15,170 110,330 WHITECHAPEL. The trade generally ruled inactivo, as follows vc Beef', from 2s 104 to 4s 4d ; mutton, 3sld to 48 8d ; v e ' 3s 8d to 4s Gd ; pork, 3 s Gd to 5s 2d per Blbs by the woo' BOROUGH HOP. OI G h e o r o w d i saen,c t l h fi e n d e em h a op n a d i a s r h e e i a n vy f . air request, at full Price's COURSE OF EXCHANGE.—YxSTIR DAT. Am5terdam............ 12 19% Gibraltar •• •• •• 30 70 Ditto, three months .. 12 3% Leghorn .. •• •• •••• ** •• 26 45 Rotterdam •• •• •• •• .• •• 12 3% Genoa ..... ...••• Antwerp 25 85 Milan •• •• •• •• •. dos •• Brussels 25 85 Venice ...• •• •••• ...• 41 liamburgh .. •-•.-; •'... 13 14 Naples •• •• •••• •••••• •. 123)9i " •• Altena •• •.; •• •• •• •• •• •• • . Palermo •••• Paris •• •• •.... •• •• •• .. 25 45 i MUSLIM •• ..... ••• 123)a Do. three months .... 26 5 Lisbon ....... ..... •••• 51% Sfurselllss ............ 26 10 'Oporto •....... 12% Bourdoaux ...• ......... .. Fr ankfort-on..staine .... 121 N :Buenos Ayres...." .... --- Berlin ...........• .... • . Ne w York,6o days' sight --** li V r r i a e i e d n : n t i e a a : ... ... ... .1: ... :. ... .: •• •• ... .: .. .. : 1 1 4 1 1 7 2 N 2 2 0 . 3 IP : t : ho e il rl i aj iu r t e d g a i a c e : l E s l ep I roh oroolDollarsd* : c : oi. . n. BULLION,.. : .. :7 : P O . O l E 20 ;: u0 . 0 Petersburg ............ 33 Foreign Gold In Bars £3 1 7 ,; I New Dollars ...... 0 0 C 8 11 r i c z e1 . 07,a .....: .... .... .... .. :...: 48 .. Seville I .. ,Silver in bars ...... 0 5 1 DEATH OF THE COUNTESS (DOWAGER) or ISIonLEY.-"" We regret to learn that i a t e lligence was received in towl ! yesterday of the d ea th o f the Countess (Dowager) °I Morley, who expired on Monday Light, at SaWane, Devonshire. Th e l a t e countess was daughter of L' Thomas Talbot, of Gouville, Norfolk, and ma rried, 'm 1809, John, fi rs t an d l ate E ar l o f Morley, his marriage with Lady Augusta Pane being dissolved in February of the same year. By her marriage her ladyship b a surviving issue, the present Earl of Morley. Messrs. Hermann, Sillem, and Co., who suspend on the 24th of November, have called a meeting f or Tuesday, the 22d inst and Messrs. Gorrissen , Huge r and Co., who suspended on the 18 th of November, hav called a meeting for Thursday, the 17th Wets