The Express.
London, England, 1853-03-21 00:00:00

THE EXPRESS, MONDAY EVENING, MARCH 21, 1853.

recently practiseil by the Ehasseurs de Vincennes,
anterhich have AwAe thetrevelatiens ia the Bahl s 6
surprisittely rata may be adientageonely adopted
by large masses of infantry. .

SPAIN;

M, Llorente' the Spanish Minister of Finance, has
just concluded a loan of more than 500 millions of
reels (more than 125 millions of francs) with the
house of Baring, of London. This sum is intended
to pay off the floating debt, which will be replaced
by a perpetual debt. The conditions of this loan
are very favourable to Spain, which has never been
able hitherto to obtain money but at an interest of
10, 12, and even 13 per cent. per annum. The loan
has been effected at -7 per cent. M. Salamanca, who
seconded M. Llorente in this negotiation, hasj net left
London on his return to Madrid, eta Paris. The affair
will be immediately submitted to the approbation of
the Cortes.

comnilted_arni t it.. The espital necessary for the
operations. efAhe bank it to consist of five-teutlts
supplied by the (Minden, two-tenths by the govern-
ment, and the remaining three by means of share.
The principal object of the institution is to restore
public craft, by replacing, within a given period,
all the bad money. which hu only a nomial value,
by good, and by reimbursing at par and on demand
the paper money. of the government, which is to con-
tinue in circulation. The sgio on exchanges arising
from the difference between good and bad money
will cease to exist when the latter shall be no longer
in circulation, and the government will thus econo-
mise the enormous sacrifices which it Ku had to
submit to of tate years, in order to maintain the ex-
change at a reasonable rate, and which have been the
principal cause of its pecuniary embarrassments.
The bank will have its paper accepted by the first
houses of London, Paris, and Vienna; and to facili-
tate transactions, it will issue a certain amount of
notes payable to bearer. The by-laws drawn up by
the founders have to be submitted to the government
before they can be published. They propose amongst
rther things to subject it operations to the surveil-
lance of a commission nominated by the Porte, and
to publish an account of them annually.
The Sultan has granted a large piece of ground for
a cemetery for Christians of all communion., and it
was said that he would even pay the expense of
building a wall around it.

MALTA, Maims 14, 7, *AL
At the early hour of three this morning the Wasp
steam-frigate arrived very uneapectediy from Constantino-
ple, the bearer of despatches of primary importance. From
all I can learn—and that is but little—they are said to have
reference to the visit of Prince Menzikoff, late from the
Russian court, and his non-reception by the Sultan to an
audience, but this is mere conjecture.

•
The outward India mails from Southampton, per Indus,
arrived at 3 p.m. yesterday, and those by the Saline, from
Marseilles, at 1 this morning. They will be forwarded
to Alexandria at 10 to-day, and mails to Corfu ales at 10,
by the Triton.
The Caradoe is ordered to Marseilles with despa!ehes
from Constantinople, without loss of time, for the Foreign
minister. She will sail as soon as her steam is up.