The Daily Times.
Liverpool, Merseyside, England, 1860-09-01 00:00:00

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cially from Paris and Milan, complaining of the
non-delivery of the Daily Times. From inquiry
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the Paris Post-office ; but we cannot understand
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Charles Kenifick, Esq., our talented correspon-
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SATURDAY, SEPTEMBER 1, 1860.

NEWS OF THE DAY.

Public attention in France is naturally at this moment
divided between the manifesto of M. de Persigny and
Her Majesty's speech. That part of the latter document
which appear to give the most offence, relates to the
transaction regarding Savoy and the independence of
Switzerland; and what is said on this subject, taken in con-
nection with the "conspicuous" absence of all reference
to the Commercial Treaty, has produced apparently, as
was probably intended, a very uncomfortable feeling in
certain sections of French society. Moreover, we
seem threatened with an absolute plethora of allusions
of one kind and another as to the present state of the
relations between the two countries. The French
Marshals, among others, have favoured us with their
views regarding them. Marshal Magnansays that he
has it " from the Emperor's own mouth that peace
would be maintained," while Marshal Niel would seem
to bid us rely for the continuance of peace, not on any
vain delusions as to the impotence of France, but on
the success of our endeavours to maintain a friendly
feeling with her. There are many reasons why we
should not believe, as we are asked to do, that the
distrust of France is greater at the present moment
than it has been since Waterldo, but there are none
why England and the rest of Europe should not be pre-
pared for an interruption of peace.

Intelligence received through a French channel states
that down to the evening of Thursday last Xaples cop-

tinued tranquil; that the expected military demonstration
in favour of annexionism
,4ad not yet taken place ; and

that the King. WA passed some regiments in review pre-
viously to theii departure for Castellamare. We are also
told that the Government has been able to give M.

Brenier- the satisfaction he demanded, whatever that
may hive been: - As we anticipated, and were previously
•
informed by our Paris Correspondent, Garibaldi was not
personally present in several of the affairs that had
taken place in Calabria. His appearance must be looked

for much nearer Naples than Salerno even. We gather
from one of the numerous letters from Naples that the

clergy have at length begun to move, and be moved. A
small work is circulating in Naples, addressed to that body,

and endeavouring to persuade them to adopt the new in-
stitutions. The Bishop of Ischia, moreover, has addressed
a pastoral to his clergy and the faithful of his diocess, in
which he says that those who refuse to obey- and sup-

port the new form of government are neither faithful
subjects nor good Christians—on the contrary, rebels

and fomenters of scandals. It is also stated that in the
movement in the Basilicata, according to the despatches
of. the Comitato, the clergy are more or less mixed up.
The whole of Italy, in fact, seems to feel that. a sacred
and holy cause has linked all Italians in suddeia brother-
hood. The testamentary executors of a wealthy
Milanese who had placed at their discretion a large

bequest for charitable objects generally, have just
agreed that their country was the foremost object just
now, and sent the whole amount to the military chest

of Garibaldi.

From Turin the news comes that there has been a
short Ministerial crisis. Cavour is said to have resigned,

and then, after the lapse of twenty-four hours, allowed
himself to be persuaded to resume office. The cause of
the " difficulty" wal3 the difference of opinion in the
Cabinet regarding the volunteers, the departure of whom
Cavour soaght to prevent with a high hand and deter-

mination, which led to disturbances at Genoa, not unat

tended with bloodshed. He now appears to have
changed his mind on the subject, as appears from an

announcement in our Paris letter, dated yesterday

It seems that Austria is resolved to take all the pre-
cautions in its power against a successful attack on
Venetia. The Government is stated to be most actively

carrying on the works for the completion of a branch
line to connect the Venetian railways with those of

Germany. On the sth of September the 'line from
Mabresina to Udine will be inaugurated. This railway
will enable Austria to transport a considerable force to
Venetia in a few days. As was anticipated, the Minis-
ters of the Emperor Joseph have agreed to offer certain
terms of compromise to the opposition ; and they pro-
pose that his Majesty "should indite an autograph letter
to be read to the Reichsrath, stating the sincerity of his
intentions to give satisfaction to the legitimate wishes
of the people, which, it is hoped, will prevent unne-
cessary political debates."
A pamphlet has been addressed by Mr. S. P. Ward,
of Cheapside, to the wholesale manufacturers and ware-
housemen in the shipping trade, on the encouragement
offered to fraud by the reckless system which has so
long preyailed of giving credits without inquiry into
standing or character, and the readiness of bankers and
money-lenders to make advances on the hypothecation
of pods. Mr. Ward nrges that the respectable houses
should combine and resolve "never, under any circum-
stances, to open a credit account with "a shipping mer-
chant unless he can satisfactorily prove that he possesses
sufficient bona fide capital as a basis of his speculations,
If they can agree to do so it will be a great advantage
to honest trade, but the keenness of riyarly is generally
found too great, and the average standard of morality
too low in all departments of business to allow of much
hope in such matters. Every effort, however, like that
made by Mr. Ward to expose the evil, will hasten the
prospect of its accomplishment. Meanwhile the best
hope will lie in the abridgment of that pernicious com-
petition for bills to discount which has grown out of the
modern practice of allowing interest on deposits at call.
The recent determination of the Bank of England to
refuse to lend themselves to the plan of re-discounting
is the most effective step ever taken in that direction,
and those who are most conversant with the movements
of the money market entertain a full conviction that but
for the adoption of this policy the late disgraceful con-
dition of the leather trade would not have been broken
up until it had attained even still more extensive pro-
portions. Usually the houses engaged in a career of
that description have been enabled to go on until the
occurrence of some unusual demand for money, from a
bad haryeat hf political caitlalties, and they have glen
stopped like martyrs amid a concerted cry of sympathy
at the manner in which the " great commercial estab-
lishments of the empire" are sacrificed to the inexorable
operation of the currency system of Sir Robert Peel.
The Danish government have advertised their inten-
tion to pay off, on the Ist of March next, the outstand-
ing portion of their £BOO,OOO 5 per cent. loan of 1850.
This portion: amoup.ts tp £691,410. They give the
holders the option of taking 4 per cent, bonds in sub-
stitution. At the same time they notify that bonds not
presented within one year and six weeks will be forfeited
to the State, and that the same plan is to be adopted
in the case of coupons outstanding, for five years.
As this course would have in some degree the appear-
ance of confiscation, it would be well for the credit of
the Danish Government that it should be reconsidered.
In September last Denmark paid off the balance of a
like amount contracted in 1849. That balance was
£697,200. The funds for these liquidations have been
supplied chiefly by the payment of £1,125,000 made by
England in 1857, in consideration of the abolition of
the Sound Dues.
The Manchester Exhibition of the Works of Modern
Artists will be thrown open to the public this day. The
exhibition has a stronger claim upon public attention
than usual, from the fact that in, addition to the collec-
tion being large and varied beyond those of former
years, go far as English pictures are concerned, there
is a large number (240) of foreign works of art by
French, Belgian, and German artists. The Council of
the Royal Institution have this year very judiciously
left the management to the local artists, and Messrs.
W. Percy, J. Keeling, R. Crozier, H. C. Mitchell, and
H. Calvert, to whom the hanging has been intrusted,
appear to have discharged the trust very ably and con-
scientiously, if not to the satisfaction of every one of
the exhibitors.

Yesterday morning, between nine and ten o'clock,
a great deal of excitement was caused at the Adelphi-
pier, London, in consequence of the discovery of
the Dody of a female, and from the dreadful marks of
violence upon her, there is little doubt but that she
had been foully murdered. On an examination being
made, it was found to be that of a female about 25
years of age, and rather stout, but from the appear-
ances, and from the advanced state of decomposition,
it is believed she must have been in the water at least
six was. On the body being furthfer ex mined, a
frightful wound was found on the forihead, extending
right across, and which had the appearance of having
been inflicted with some blunt instrument. Her clothes,
from what could be seen, were of a very good material,
but no money, or any article to lead to identification,
was found.

A letter has been sent to the Times by Sir Benjamin
Brodie, in which he calls attention to the excessive and
incretoing prevalence of the use of tobacco in this
countr?, and expatiates on its evil and injurious effects.
"The greatest smokers at the present time," writes this
greaten; living medical authority in the kingdom, "are
to be found, not among those who live by their
bodily labour, but among those who are more
advantageously situated, who have better opportuni-
ties of education, and of whom we have a right to
expect that they should constitute the most intelligent
and thorghtful members of the community. Nor is the
practiceconfined to grown-up men. Boys, even at the
best sclools, get the habit of smoking, because they
think i. manly and fashionable to do so; not un-
frequen•ly because they have the example set by their
tutors, and partly because there is no friendly voice to
warn tlamt as to the special ill consequences to which
it may give rise where the process of growth is not yet
completed, and the organs are not yet fully developed.
But thee; evil consequonces, according to Sir Benjamin,
are not :..onfiued to the present generation : " a still
graver tuestion remains to be considered.. What
will be be result if this habit be continued by future
generatiois ? it is. but too true that the sins of
the lathe's are visited upon their children and upon
their cbillren's children. We may here take warn-
ing from the fate of the Red Indians of America.
An intellgent American physician gives the follow-
ing explination of the gradual extinction of this
remarkable people :—One generation of them become
addicted the use of the firewater, They have a