The Daily Times.
Liverpool, Merseyside, England, 1860-08-01 00:00:00

TO CORRESPONDENTS.

' Our woollen circulars were handed in too late last night for
insertion to-day.
Under no circumstances can coinniuMeations be inserted not
accompanied by the author's real name and address, which
are required, not necessarily for publication; but as a guar-
antee of good faith.

HIGH WATER, THIS DAN, AT LIVERPOOL.
• 'Hour.- Height.
MonNIN,
Ilh. 30m. 16ft. 6in.

Ely pail?: Eintes.

WEDNESDAY, AUGUST 1, 1860.

THE 'DAY'S NEWS.

The Lords last night again distinguished themselves
by their ntgent dispatch of business, many bills having
been forwarded and Passed.
The Commons yesterday were chiefly occupied with
the Wine Licenses Bill, the French Emperor's letter,
and the question of Irish Volunteers. It was not
thought expedient to eitend the movement to Ireland.
The House was counted out early in the evening.
Various statements hare bten given to the public as
to the result of the interview between the Austrian and
Prussign ca'.i,intWatTeePlitz. It does not appear, how-
ever, that a formal treaty of alliance, offensive and
defensive, has been concluded at Tmplitz between Prus-
sia and-Austria. The impression at Berlin seems to be,
that in the particularly unsettled position in which
Europe now finds herself, when in several places at
once the revolutitharY 'spirit boldly raises its head,
Prussia has no desire to take upon herself positive
engagements which would have the effect of rendering
her less free to take measures for action according to
circumstanece, and which would soonee or later neces-
sitate the development of all the military forces which
are available to her; by a new organisation and
numerical increase of her great national army. I t
is with this view, so far as external policy is
concerned, that Prussia, now having her hands free,
has not•undertaken any engagement to guarantee to
Austria the possession. of Venetia and of Hungary,
despite of revolutionary attempts which will, At a
time to be determined on, burst out there, as a con-
sequent'e of the active:machinations that it is known
are continually being carried on in London and Paris,

under the very eyes of the English and French govern

mentg. But if, in matters of external policy, a formal
alliance has not been concluded at Tosplitz, the two

Sovereigns have been enabled to come to a perfect
understanding on the different questions which had
divided their respective Governments on the internal
policy of Germany. The military question. so far as
it concernsj,the new organisation and the command of
the ten federal corps d'armee, has been determined in
the Ttepliti' conference .to the great satisfaction of the
Emperor of Austria and of the Prince Regent of Prussia,
in such a manner that in case of war the common
enemy will find the two Great German Powers, with
the united force of the whole army of the Confederation,
in a position to repulse every attempt to invade the pro-
vinc:s of the Rhine or any other parts of the Germanic
Confederation.

A great sensation has been made in Paris by a tele-
graphic summary of the article in the Morning _Post,
stating that an autograph letter of a most satisfac-
tory kind had been received in England from the
Emperor. It has been assumed—and the Presse states
the fact so in positive terms—that this letter was
written to the Queen of England. But the truth
is-that- the Emperor, finding that his Syrian schemes
had led to very difficult negotiations, merely acted for
the nonce as his own 111inister of Foreign Affairs, and
taking up M. Thouvenel's pen wrote instructions to M.
de Persigny. The opportunity for the general concilia-
tory assurances which that letter contains is said to have
been found in Lord Palmerston's late speech. The,
rumour of the Emperor's letter produced no effect what-
ever upon the Bourse, which was inanimate during the
whole day.
Xavier Raymond, .in the Debats, inveighs against
Lord Palmerston's comparative statistics in marshalling
French and British land and sea forces. France is
the champion of freedom on the high seas—nothing
less, nothing more." it is the cause of Europe and of
mankind. Spain, Venice, Holland, held the.trident in
tuin, and North America's turn is to come. But down
with monopoly let us all have elbow room on the
broad surface of oceans. The blue deep is wide enough
(as 'Uncle Toby remarked to *the large buzzing blue-
bottle fly) for both of us..

At Naples the feeling in favour of annexation increases
hourly ; whether from a sympathy for Garibaldi or from

admiration of Vic* Emmanuel, or from hatred of the
Bourbons, or froth that necessary tendency to unification
which is an European, an historical fact, the multitude
is all mad for annexation. Thergte no difficulties, or
overleap them ; tell film it is a question of dead, and
they say no time is so good as the present- in short, it
-4`
it a sentiment almost irresistible


By one of Reutet's telegrams, dated Naples, 30th July,
we are told that a military convention has been con-
cluded between Garibaldi and Qcncral_Clary.. It is said
there will be a cessation of hostilikiies in the

The story of Garibaldi having been wounded turns
out untrue. Alexandra Dumas has sent to Paris an
extravagant but characteristic account of the fighting at
Milazzo. The veteran novelist is so- usedio .dr-a* en
-his imagination for Acts, that when he has facts to
describe the occurrence is so unusual that he -finds him-
self at a loss, and has recourse to the mine from Which
he has drawn so largely.

The P, P:'? which, Although not a Government
journal, has, for reasons unknown, taken the lead in
misrepresentations which Were put forward all last•
week on the subject of the Syrian question, says that
the plenipotentiaries Met-at three yesterday afternoon,
"to draw.- up the convention," and that "it was
thoughi" that the convention had been signed yester-
Illy. We, feel confident that it has not been signed.
The Pays and Patrie merely say; in identically laconic
terms, that another conference has_heen held relative
to the Convention. It will, We believe, be found that
the meeting has again been Adjourned, Tye -Turkish
.Ambassador insists, we are told, that all military opera-
tions must be taken in conceit with Fuad Pacha—a
condition which France objects to. The Russian pleni-
potentiary, on the other hand; asks that all the inter-
vening powers shall, without further, authority, have a
right to interfere in any part of the Turkish -empire in
which new disturbances may break out, and to this
England will not consent:. • •
A telegram from Paris, dated yesterday,.states that a
convention has been. Agreed upon by the ambassadors,
adopting the modifications of the Porte, but that it only
awaits the approval of the Great Powers. The Patth
of yesterday evening says only a few trifling-matters of
detail remain to be settled. It is said England consents
if the Porte is satisfied,:and under the reservation that,
if Fuad Pach a is successful,
,the despatch of foreign
:trOopS will be umiecessiry. .

. .
Another countermand has been sent to' 'Toulon and
Marseilles—the troops are not to emb'ark •until further
orders, but the ships continue in readiness, and, in fact,
a great many cavalrY and artillery horses had been
already embarked; those unfortunate animals on the
receipt of the countermand were hoisted out of the hold,
and remain packed on the quay, exposed to the fup-,
blast of the .mistral, which it seems has been blew-
ing a hurricane ,for the last two days.

By a despatch from Alexandria 'we learn that Fuad
Each a, Extraordinary Commissioner of theVotte, in Syria,
On the 25th reached Beroiit, in "the Ottoman steam-
frigate Taif : On the previous day the Turkish
squadron, under the order of Vice-Admiral Mustapha
Pacha, arrived in the "reedit-earl-Trona ',Candle:- Two
English ships of the line had 'also arrived ; and the
rumout prevailed in the.tOin that all the Englisi fleet
at _Malta was to proceed to the coasts of Syria. The day
after the French screw-ships of the line Dimawerth and•
the Redoubtable had arrived at Beyrout, theiattai was
despatched to Saida, in consequence of the report that
a movement was expected in that town, and the captain
landed 200 men of his crew to preserve order.
M. Francois Lenormant, a Young archaeologist of
great merit, but Whose :Catholicism is rio fervid as to
border on fanaticism, ,writes to the Ami de la .geliOofri
a long letter from Beyrout, in .the .course- of which he-
states that nothing bAt the occupation of the. country
can preserve the Christians,-and he instances the occu-
pation of Algiers as an example worthy of imitation.
This •is quoted with commendation by the semi-official

There is a prevalent impression flat the Cabinet' is
divided against itself on the matter of the customs duty
on paper, and that the delay in fixing a day for settle.
ment of the question was due_to. the internal conflict of
opinio.._
.4)n the other hand, persons connected with
the Government; and high in the' confidence of Cabinet
kinisters—if not Cabinet Ministers themselves—deny
utterly the truth of this report, maintaining that there
has been no difference in the Cabinet upon the .sul;jeci,
and that Mr. Gladstone has had, and will have, the
strenuous and entire support of his colleagues in the
approaching struggle:

We announced the death of gr. Chaffers;, of tke;
Royal Bank, in our aftein.oon edition yesterday, The
painful circumstances under which his demise occurred
naturally called for the circular addressed by the Direc-
tors 16:thederolitors, which we give in another column:
It is satisfactory to be assured that his accounts with the
Bank are in a perfeetlk satisfactory condition.
The conviction of John Gopping for an offence against
the act relating to combinations of workmen, has been
held good, in respect that' he had threatened to leave,
and did leave, his master's employment, because he
refused to discharge two men obnoxious to the society.
The appellant was ordered to be sent to the House of
Correction, in the terms of the conviction, for one month.
Another horrible case of cruelty. to a child has been
brought to light at the Southwark Police-court. Mary
Allen, a schoolmistress, 40 years of age, has most cruelly-
assaulted and ill7treated Caroline Lefevre, a child eight
years of age, entrusted to .her car,e to bring up and
instruct. The', magistrate, after 'declaring that, it' true,
it was one of the most brutal cases that ever came before
him, remanded the prisoner.. -- r- -ir

IGOMINIOUS RETREAT OF THE
"SATURDAY REVIEW." •

WHEN a man gives way to anger and indulges
in personal scurrility towards his opponent, it 'is
generally inferred that he has become conscious
of having had the worst of the contest. It has
been considered an excusable resort at the bar
for defendant's counsel, when no proper defence
could be set up, to ablise plaintiff's attOrney.
The Saturday Review, in the interest of a lead-
ing member of the present Cabinet, has been
engaged and specially retained to counteract as
far as possible "the Conservative Reaction" in
the House of Commons and the country. Con=
scions that it had a bad case, or no case at all, it
haS devoted column after column for some
months back to the abuse of Mr. DISRAELI as
the leader • of the Conservative party. Could
anything betray this miserable policy more dis-
tinctly than the following sentences which our-
contemporary was not ashamed to publish CT
Saturday last ? " We hardly expect that a man
who has for fifteen years led his party like
a ratcatcher will all at.. once, at a mature
time of-life, begin to lead Alike a statesman..i To
aid a cubit to your moral stature is a feat rare at
any age, and unexampled after fifty. We must_
also confess that, seeing, the Tory- party brought
face to face with the heir of BoNAPARTE, we feel
the difference between the proud leadership of
PITT, towering up to confront the revolutionary
storm, and the leadership, not so prolid, of his
successor, who tries to snap a paltry vietory-by
slinking into the lobby at the heels of RadicalS,
who rolls in the gutter with discarded literary
tools, who has his letters held over his head by
the organ of the French Emperor, -and, whose
oratory consists in firing off sparkling personali-
ties at the tail of long buckram speeches in the
worst manner of the late Sir Robert Peel." There
now Who shall say that the eloquence of the
Saturday Review consists of " firing off sparkling
personalities at the tail of buckram" articles ?
" A mare's nest" is not, after all, a very rare
discovery; and the Saturday Review has fairly
stumbled into one. This champion of the " orga:
nised hypocrisy,"
gave currency to the rumour,
on the pretended authority of " an obscure writer"
in the Quarterly Review, that the Conservative
party were dissatisfied with Mr. DISRAELI'S
leadership. After harping upon this " august
theme" for many Saturdays, it now gravely and
sullenly announces that "it seems no change in
the leadership is really contemplated." It even
agrees with the Quarterly, "that it is better not
to change without absolute necessity." Oh dear,
how kind and friendly! • HOW grateful the great
Conservative family ought
to feel to the 'Satorday
•
Review for so 'frank an opinion upon " this deli-
cate question !". A delicate question it has

Undaiibtedly been for the Saturday T-2,s7)lew ;
for every inch of grOund it has assumed
in its ungracioui and uncalled for attacks upon
Mr. DISRAELI, has been gradually, but surely,
cut from under its feet. Never did it commit a
greater " blunder in tactics," or more wantonly
endanger its respectable ,-reputation for; good
sense and impartiality. It has discovered its
error, however, and promises not to repeat it—if
we_undetatand:aright its concluding. deplaration
on this ill selected subject—" and now,;' says tTie
- writer,- ". we-may_ hid_ adieu,--tat l east for the pre-
sent session—to this august. theme. "- For the
present 6,666ikai1, This_lii2aitation of the armistice
is merely an attempt to break the fall. We axe
to have no more of it. Even the writer in the
_Saturday, Review. is ashathed of - himself; . and
"slinks" of into silence with a little bit of
-braggadocio, which is perfectly in ,character with
the other effusions of that " obscure writer," who
probably kno-Ws well what It is to " roll in the
gutter with discarded literary tools."

In truth, the great fact of what has been called
Conservative reaction is to some extent illustrated
by. _this ignominious 'retreat of the Saturday
.Revieto from the field. It commences its recan-
tation by confessing that the Conservative party
is indeed justified in its exultation, and in singing
.. ,
seans on the manifest fact of " Conservative
..Reaction." That reactionary feeling, it is admitted,
has settled the question against any great scheme
of democratic change in the representation. It
has decisively checked finance in its progress
towards the democratic system of direct taxation.
The change which has come over the church rate
question is also allowed to be reckoned as one of
the symptoms "of the turning tide. To crown
all, there is the victorious reassertion of the
poWer of the Lords in the case of the paper
duty—a legislative act Of the highest import,
in which the - people heartily concur, , and'
for which undoubtedly the Chancellor of the
: . •
Exchequer at heart feels immensely grateful.
Whether " reaction" is or is not ,quite the right
""name for what has occurred, we are content to
have it. that the nation has given a general
refusal to advanee in the ;course of .democratic*
change precipitately and without occasion. Lord
JOHN RUSSELL, we say with our contemperary,.
for his own purposes proposed a democratiomea-
sure of Reform to the country, and the: country ,
declined it.. Of course; in declining it, we . also
admit that that general Conservative feeling of
which every Englishman has a certain amount in.
his heart, has been awakened, and hasomanifested
itself not alone on the special subject of Lord
JOHN'S ineastire, Mr. JOHN BRIGHT, 'it is
admitted on' all 'hands, has become justly odious
_to the mass of the nation; both beeause of his
. reckless attacks on Conservative institutions, and
on account; of his venomous attempts to create a
war between classes. Extreme Liberal sentiments
are not only net liked by the people of this country,
but are becoming more and more loathsome. We
rejoice to think that " Conservative Reaction" does
not mean "u relapse into political fetichism," and
we as sincerely trust and believe that " the age of
_blind loyalty is irrevocably past."
_True Conser-
vatism is 'truly Liberal, and that is the only kind ,
of Liberalism which the . nation does not abhor.
If it be true that the present reactionary feeling
is due in a great measure to the revolutionarY
_ .
despotism of France, thitatening once Morel the
independence of all nations, and compelling once
..
more all nations to cast aside for the time the
work of political .progresS, ' and , to rally their
strength for Elie purpose of defence against the
aggressors--whereby the same vigour has been in-
fused into monarchical and aristocratic institutions
which was infused into them in 1813—what does
that, prove as regards the people of England at
this juncture, save that they.have bat little ton-
fidence in the ability of the present Whig-
Radical government to carry them safely through
the imminent danger. ' Liberal-Conservatism has
no connection with government by class-interest
and intolerance. The reaction in which we
rejoice is really no mere party victory at all--it
is a national revivification and restoration. We
seek no advantages but such as may be reaped by
s_those who are determined that intelligence and
enlightened conscience, not the brute force and
violent passions which are impersonated alike in
the French Emperor and Mr. BRIGHT, shall, if
possible, rule the world, and direct the course of
human progress; and we are content that
these advantages be reaped ' only on condition
that . .the , classes in . whom the intelli-
gence . and enlightened conscience of the
community reside, and to whom the guid-
ance of the community is
.by nature intrusted,
shall prove themselves worthy of their trust. In
short we believe that, the present Conservative
reautism is-wholly owing- to -the factllie,s_ss_the.
old Whig statesman" who is at present "master
of the Oovernnient,"j belongs to an institution' or
class which has failed to keep its hold upon the
rational affection of the nation by doing its duty
to society ; and that crying political 'grievances
have been removed chiefly by the effects of
what 'las been reviled. as " stupid. Tesylsne
Above all a spirit of social duty has been abroad,
impressing the labourings
classesrh R Whig-Radical lthc oe nefUlisivoinc-.-
ig
tion that they have more to hope from Conserva-
tive progress than from w
" This it is thaf carried us through in 1848 ; this
it is that is carrying us through now." This, in
fine, is the rationaleof that " Conservative Reac-
tion ;'-', which, despite the "Reviler's" detraction, we
owe in great measure to Mr. DISRAELI'S able
..ead_
ershiflAri the Commons, under the direction"of
his great chiekLerd DERBY. _ •

THE BIRKENHEAD RAILWAY.

In connection with the transfer of the Birkenhead
line of rail to the Great Western and London and North
Companies, we regret to learn that an informality in the
terms-of-the agreement has been found. The Birken-
head-line was to have been formally taken possession of
.this.day, but information has reached Birkenhead that
the transfer cannot at present take place.

THE POISONING CASE IN VAUXHALL-

ROAD.

The depositions taken in this case against Thos. Winslow
were yesterday read before him, by I‘4. Roberts. The
time occupied in reading the documents was over two
hours, and all being perfected, the prisoner was fully
committed for trial at the assizes. The prisoner looked
much cooler than on the previous days, but still was
evidently most anxious about the case.

SUICIDE OF THE MANAGER OF A

LIVERPOOL BANK.

Mr. Jeremiah Chaffers, who has for many years
occupied the position of manager of the Royal Bank
in this town, committed suicide early yesterday morning,
by hanging himself at his residence, Belleview, Anfield.
The deceased had been for some time in bad health,
and is said to have been very much depressed since
the death of his brother. A short time ago, a proprie-
tor of the bank expressed dissatisfaction at the man-
ner in which Mt Chaffers performed his duties, and
gave notice of a motion for his dismissal. There can be
no doubt that ill-health, the death of his brother, and
his threatened dismissal preyed very much on the mind
of the deceased, and led him to commit the act which
caused his death. As far as the business of the bank is
concerned there will be no difficulty, Mr. Chaffers having
left everything in such a state as would almost lead to
the conclusion that he was preparing for his permanent
absence. There will, of course, be an inquiry before
the coroner. The following circular has been addressed
by F. Shand, Esq., chairman of the directors to the
depositors in the bank, and will no doubt set at rest all
anxiety as to the state of its affairs :
The Royal Bank of Liverpool,
• 31,it July, 1860.
Sir,—The sudden death of Mr. Chaffers, late manager
of this bank, throws on the directors an unexpected
amount of responsibility; but they arc happy
to assure
you that there is nothing irregular in his accounts, and
that the poSition of the bank is such as to create no
anxiety intheir minds as to the depositors.
The directors will immediately apply themselves to
the appointment of a new manager,nnd in the meantime
the bank will be carried on as natal. and I hope may
continue to enjoy your personal confidence.—I remain,
sir, yours faithfully, F. SHAND, Chairman.

FOREIGN INTELLIGENCE.

(FROM OUR OWN CORRESFONDENT.)

PARIS/ Monday Evening, July 30, 1860.

The most unqualified contradiction is given by
the Patric of this evening, of the correctness of
the alleged secret treaty between the Emperor
and the King of Sardinia relative to the affairs of
Italy. The document is thus alluded to :—" The
Op",zio.ne (of Turin) announced two days ago,
that there was being circulated at Turin
and in London, in Naples and at Palermo,
the copy of an alleged secret treaty Which
was concluded on the 15th of June last,
_-_ • _
between the Emperor Napoleon and King Victor
Emmanuel, relative to the arrangement of the
affairs of Italy. Several journals .have pub-
lished this treaty, which, like the autograph
letter attributed . some months before to King
Victor Emmanuel, is to be numbered among
those pieces of information which would deserve
only to be treated with ridicule, if they did not
excite at the same time, by their audacious
invention, a rightful indignation." I must say
that I had from the first the stiongest suspicions
of the genuineness of this treaty, and it is cer-
tainly reassuring to see it so distinctly disowned
and repudiated by this semi-official organ of the
govern men t.

The same journal, however, is apparently fairly
nonplussed by the contents of the Morning Pest's
article of Saturday last, referring to a letter
stated to have been received in England by
M. Persigny, the French Ambassador, from the
highest authority here, which has for its
object the answering, in the most positive
way, certain passages in the recent speech of
of Lord Palmerston, on the subject of your
national defences. It merely says on this point,
—" A private telegram transmits the analysis of
an article in the Morning Post, which appears
to us to merit the most sexious attention, but
which wo cannot appreciate until we aro in pos-
session of the text of the entire article ;" in other
words, the foreign reclactcar of ithe Patric, has not
yet received instructions how to deal with an
affair which has created fully as much sensation
and surprise.-on this side of the Channel as it
doubtless did on yours.

The representatives of the Great Powers had
another meeting to7day on Eastern affairs. The
Constitutionnet persists in stating that the Otto-
man Minister has at length received full instruc-
tions to agree to the proposed convention, which
there is reason to believe was signed on behalf of
all the Powers to-day..

It is-now stated that the French contingent, the
military preparations connected with which con-
tinue to be pushed forward with the utmost cele-
rity, will positively sail from Tpulon on the 4th
instant.— It is remarked, that as the:.Turkish
Government has. been forced to relinquish all
hope Of preventing the- intervention of - the.

Christian Pokers, it is now turning its attention
to the best means of neutralizing it, by hurrying
its troops to the seat of the disturbances in
advance, so that when the expedition arrives it
may find nothing to do, and no excuse for remain-

ing! Lettera from Constantinople endeavour to
extenuate, in some instances, the responsibility of
the Sultan's Government, by attributing the out-
break to the distribution, in immense numbers,
of incendiary pamphlets, designed to excite the
fanaticism of the followers of Islam against the
Christian, everywhere ; but even assuming such
to have been the case, this apology hardly touches
the broadly-asserted statement that the officers of
the Government connived at the outrages after they
actually occurred, and in most instances declined
to punish the guilty parties.
A remarkably interesting letter, by Alexandre
Dumas, containing a description of the affair
at Milazzo, of which I furnished you with
some details yesterday, is published in the
the journals here. It corroborates these details
in a most graphic manner, and contradicts by its
silence several circumstances unfavourable to the
Garibaldians, which have been been circulated in
other versions of the. struggle. For example,
M. Dumas makes no allusion whatever to the
alleged desperate resistance made by the popula-
tion of Milazzo to the victors, some of whom are
stated in the Piedaiontese papers to have actually
rained upon the heads of the Garibaldians boiling
oil and boiling water, instead of pouring oil upon
their wounds; and to have been shot for so doing
by Garibaldi's orders to the number of forty.
An explanation is given in the Annessiune of
Palermo, of the reason for all this righting having
occurred after the order had been given by the
Government at Naples, to General Clary, to act
on the defensive, and retire within the citadel of
Messina. According to this journal, the telegram
conveying these orders to General Clary was
intercepted by the Camarilla, who, confiding in
the ability and bravery of General Bosco, who
commanded at Milazzo, hoped that Garibaldi's
forces, not anticipating, and not being prepared
for, an attack in force, might have been
overwhelmed, and the career of Garibaldi cut
short in the very midst of his triumphs. This
would certainly account for the sanguinary
character of the engagement. The undaunted
valour of Garibaldi has, however, again proved
more than a match for the machinations of these
treacherous clubbists, and the moral effect of a
victory gained in such circumstances and over
such -odds,- cannot fail to _strengthen his popu-
larity, and greatly aid him in bringing to an
early and favourable termination his ulterior
enterprises.
I observe, from statements issued by the
Sicilian ,Minister at War, that the_ regular army
is computed at not less than 18,000 men,
and that it is expected shortly to reach 30,000.
It appears; however, that Garibaldi is still greatly
in need of transports for his troops, and that is
just where the Neapolitans are so strong. The
steamers which he now has, could take some regi-
ments across, but this would leave the coast
unprotected. It lis currently rumoured that the
Dictator, who can now bring together 12,000 men
at any given point, has positively refused to
agree to the truce proposed to him by the Sar-
dinian envoy, and that he means to dictate his
next proclamation from the neighbourhood of
Naples.
By the way, I observe that Miss White, (who,
owing to her name having been spelt
Whiteley'
in the continental papers, was mistaken
for your
accomplished fair townswoman, Miss Anna Whitty,
who is also in Italy at present,) is described as a
celebrated Mazeiniste, and as having married a
M. Mario, a partisan of the mysterious Mazzini.
She is, it seems, imitating the example of Miss
Nightingale, by taking the management of the
hospitals at Palermo; and has issued an appeal
to the ladies of Palermo for lint, of which there
scarcity which is painfully
is not a particle --a
felt owing to the number of men who were
wounded in the affairs of the 16th, 17th, and 20th.
The interview at Troplitz is the subject of a very
important article in the Prussian Gazette; in
which it is stated that all the results that Cotild
have been hoped for, have arisen from the meet-
ing, viz., the reconciliation of the two cabinets.
The Patric, in noticing this article and the com•
ments of the German press in general, upon the
proceedings at the meeting, _twits the gossips
with their imperfect knowledge of what actually
took place, and insinuates that the result is very
much overrated. It is positively asserted in
well informed quarters, that there was no treaty
or convention.of any kind signed by the parties.
Next 'Wednesday, it is announced, the Emperor
will review, in the Champ de Mars, the troops of
all arms constituting the let Corps d'Arrnee.
This designation of "corps d'artnee" is the same
as that of a military arrondissement. This corps

is under the _command of Marshal Magnan, and
includes the troops of, in all, twelve departments,
the Euax.-bonnes. There is an interesting descrip-
tion in the IfLoncri4l des Pyrenees of the visit of
the Empress to that charming spot on the 24th_
Her reception was of the most enthusiastic cha-
racter.

The superior Chamber of Commerce held four
sittings in the course of last week, and closed
enquiry regarding woollen fabrics on Saturday..
The enquiry relative to cottons is now being prc- -
ceeded with. Last Tuesday's sitting was of special.
interest to the sugar trade. The Council on that .
day heard evidence from the refiners upon the •
operation of the tariff upon sugars refined in
• English refineries.
Another instance has just occurred of ths, with—
drawal of protection by the French Government_
On this occasion it is the navigation laws, which
are relaxed. According to the law as heretofore:
existing, goods from the French colonies could
only be brought home in vessels sailing under the•
French flag—a system which has been found to•
be attended with great inconvenience, as well as.
delay, in consequence of sailing, vessels only being
available for the transit, owing to the paucity of
French steamers. But it has now been enacted
that henceforth, and until a sufficiently
large steam service to the French colonial
possessions can be organised, " the sending of
objects of value, but of small bulk, such as jewel-
lery, perfumery, samples, &C., to and from the
Antilles and the Reunion, may be transmitted by
English packet-boats without losing the privilege
of nationality" (that is to say, without being,
liable in the foreign duties). The same facility-
has also, I understand, been extended to the con,
veyance of cocoa-nuts from the West Indian
Islands, which, under present circumstances, often,
arrive in a condition unfit for use.

There has been no alteration in the financial
state of affairsc The market for money and shares.
remains calm, and few transactions.

The following were the closing quotations
to-day of the French and Foreign Funds and
Railways:—

PUBLIC SECURITIES,

Four-and-a-Half , Credit Foncier S SO
per Cents .'. . . 97 75 Belgian Four-and-a-
Do. end of month 97 55 i Half per Cents . . 97
Three per Cents. 68 30 IPiedmontese Fives . . 81
Do. end of month 68. 30 1 Roman .
Bank Shares .. ..2815 -- !Austrian
(c--_ • •

Spanish Threes
:Home Debt ,

Credit Mobilier.. 685
Ditto, Account .. 685

RAILVVAYS.

47'
47

Cash. Ace. Cash. Acc.
Orleans . • . 1370 ..13711Southern .. 5021.. 802 i
Northern .. 9573.. Milt Western.... 5781 5714
New ditto .. 87.5 Eastern .... 617,
Lyons and M 8881.. 887:1 Sardinian .. 397, .. 395
New ditto Austrian .. 507 f .. 507
Geneva , 3673.. 36611 Lombard .. 500 .. 497.

LATEST NEWS.

BRITNH AND IRISH MAGNETIC TELEGRAPH.)

- FRANCE.
The Superior Council • of Commerce held its
fourth sitting last week. The inquiry into the
woollen trade was closed on Saturday, and that
on cotton now commences. The sitting on Friday •
specially interested the sugar deaTaS. as the
Council heard the observations of several refiners
relative to the tariff on English sugar.

THE FRENCH FUNDS.
PARIS, July 31.
3 30 p:MM•—The Bourse opened firm, but was
alternately firm and somewhat agitated. Rentes
closed at 68 20, or 10 cents lower than ye7.terday;