The Daily Times.
Liverpool, Merseyside, England, 1860-03-08 00:00:00

MOROCCO.

NeWs isjdown to the 28th ult. The permanent occu-
pation of Tetuan having been definitely agreed upon,
the General-in-Chief had requested that 10,000 beds be
sent to that city as soon as possible. Several battalions
belonging to the 3rd army and district in the Peninsular
have been' organised, in order that they May be' ready
to proceed to Africa on the first suMmons..,
'A subscription has been opened at Barcelona for the
Purpose of presenting a sabre to General Prim.
A letter from the Sultan of Morocco was received on
the 23rd, in the principal mosque of Tangier, announcing
his rejection of conditions of, peace tendered' by the
Government of Spain, and also announcing that his
Majesty was coming up to the nerthern provinces with
a large force, declaring, that there was little chance of
Peace being concluded with the Spaniards, that he bad
ample funds for carrying on the war, and would prose-
cute it even though he lost all his seaports. Ile exhorted
all true believers to rise in defence of their country,
and said that orders had been giVen to the' orderly' and
Well-disposed Moors to put to death all those who,
availing themselves of the confusion of a foreign war to
gratify their appetite for plunder, were a scourge to
their own countrymen, and innocuous to the enemy.
Acting up to the concluding announcement of this letter,
the Sultan has dismissed the Arab cavalry who plun-
dered Tetuan,' after being decimated in their flight by
the hostile mountaineers, and beheaded 'many of their
chiefs.
At the interview between O'Donnell and Muley Abbas,
Ott the 23rd, the cession of Tetuan appears to have been
the only point discussed. The representative of the
Sultan was not prepared to accede to the demand of the
Spanish Government, and the negotiations, therefore,
came to an end, wherenpOn Marshall O'Donnell sent
the following despatch
The General-in-Chief of the Army of Africa to his
Excellency the Acting President of the Council of
Ministers.
HEAD-QUARTERS, TETUAN, Feb. 23, 1860.
To-day, at 12 o'clock, there presented himself an envoy
of Muley Abbas, brOther of
the Emperor ,Calipt, and
'lieutenant of the Empire, reporting that the Prince was
' on the road froth Tangier, distant a short hour's walk
from our advanced, Post, with the object of being preibrit
at the interview' I had appointed, and, consequently, I
appointed the same spot with my head-quarter staff.
Muley Abbas, in' order to come to this interview, had
had a march of four leagues was waiting for' me, accom-
nied by the minister El liatib ; as I had required,' the
alscussim was opened with the point concerning the
. cession of the city of Tetuan. Fatab represented that it
Was impossible for them to concede that which was
demanded. .I considered the interview at an end, and
rose, but afterwards Consented to continue it. At 'the
instance of Mule/ Abbas, Katib went on to explain that
they could not decide so weighty a matter, as 04. had
netyet.received the Emperor's reply to the conditions
of Peace, wherefore they requested that a further term
of some clays should be granted. I thought fought not
,to accede to any prorogation, and, after having pro-
'Paged the discussion, and seeing that an agreement was
IMpossible, I put an end to the interview,:declaring that
from to-morrow I should be at perfect liberty,tO renew
operations. I intend to renew them accordingly, and
With this object am about to haVe a Conference With
Admiral Bustillos.,

AUSTRALIA.
The Australian trade advices do not describe any
material improvement in the prospects of the trade,
There had not been many additional failures, but the
Markets were still glutted with English goods, every hope
entertained from time to time that the supply may be
reduced within a moderate compass, being checked on the
announcement by each successive mail of further heavy
Shipments from this side. From these facts it is plain,
that notwithstanding the experience of 1857, there must
!till be a class of traders in England who are supported
by imp roved banking, facilities in carrying on a losing
usine.
The advices from Melbourne report the failure". of
Messrs. Sutherland and Bailey, with liabilities amounting
to £36,616, and assets £29,779. The undermentiohed
firms had also stopped payment at Melbourne, since the
deParture of the liecember mail :—Messrs.'llerghoff and
Touzel ; Edlmann and Co. ; John Everard ; T. Edens
and Co. ; and Law, Dodd and Co.
At Sydney, Mr. W. ,Ellis, wholesale grocer, had
°l9PPed, with liabilities ' computed at £44,980, and
assets at £14,973.

ITALY.
Rom March. 3rd,. aria
Great agitation prevails in the Marches. • Tricoloured
sags have been hoisted nightly at Viterbo. It is asserted
that the Tapal Government Is preparing a note, ac-