The Express.
London, England, 1848-08-16 00:00:00

is Rome, cost sixty-seven millions of thalers) ; but it
eras calculated, about fifteen years sgo, that two mix.
lions more thalers would be sufficient to finish the
edifice, with the exception of the towers, which wi.l
cost an at.ditional three millions. It is calculated
also that the edifice, with the exception of the
towers, will be completed in ten years. But here I
must stop. I hear the booming of cannon (it is now
Pat
8, pm.) on both sides of the Rhine. Crowds
assemble in thousands; people appear in all directions
Was renot des Volk ? Was es iii,st Itch don
Die langen Gamen brausend fort?
And ;o! whilst quoting Schiller, comes slowly
gliding down the Rhine none other than the majestic
eteanier Schiller, gloriously bedizened with innume-
rable German flags, as a vessel °ugh' to be bearing
the cherished and immortal risme of Schiller (Ger-
niany'e truest and best poet), and on its deck the pre-
sent hope of the empire, the imperial Vicar.
On landing, the Archduke was receivid by all the
civic authorities and the committee of burghers an`
pointed to superintend the arrangements for the fri-
peal preceded by a band of hon ,tar and by detach-
ments of the lit.e and the civic guard, the Vicar pro-
ceeded, amidst the enthusiastic cheers of the assem-
bled crowds, to the house of the Governor of Cologne,
which wee brilliantly lighted up. After hie highness
had made his app .arance for a few seconds in the
balcony, the crowd withdrew. Several steamers have
arrived with the Frankfurt deputies and with other
distinguished visitors. The ceremonies of this Vor-
fest will be concluded, for this night, by torchlight
processions and a serenade to the Vicar.

MADRID, Aro. 8.

The bank is still the uppermost theme. In my
letter o! yesterday I reported to you that the contract WSJ to
he continued. be continuance was no doubt intended to
be prole nged during a considerable term. But the ministers
have returued, it seems, to their original resolve to carry on
the rescission; and the contract is only to endure till this
!reparation can be effected without a violent crisis.
The state o: the bank may be described in a word. Ac-
cording to the best authorities they have lent about
2,000,000 sterling to private individuals ; and the go-
vernment owes them two more. Of the loaner debt
they will recce, r perhaps '?al per cent.; fur the guarantees
which remain in their hears, taken in the lump, are not
worth more. The gov.rnment will pay 1,400,0001. of
its debt to the bank in its own notes . and of these will have
to be earcelled 1,000,0001. in amount. The bank is
expected to be able to pay its notes: and when the contract
ie rescinded considerable per emerge will remain for the
unfortunate shareholders. At present, in addition to the
150,000/. welch the bank malaria as commission annually,
in consoleration of advances which it can leo longer make, it
gains 8 per cent on the ',mount which it disburses in notes
for the lirthirities of the state, the testes which enter the
bank'; coffers being print in specie. The salaries of the ens•
Flora amount to 300 1e:01 a month, awl these are all paid
notes. The dividend of the debt, amounting to
about 300,000!, is now being paid in notes. Not that the
bank receives the fall benefit of such enormous gains, having
on the ~teer band to make e tool sacrifices in order to fulfil
cogagernenffi on a Lamb greater scale then it was warrant. el
by its capital to urdertake. The great loser is the public :
the gainers are a few mowers. The difficulties of the govern-
ment and the rotten state of its crutch, the bank, sufficiently
amount for the ceatruction of the bank notes promised not
Wirtz been carried into effect. Meantime there is a large
party terming in the country who would have no objection to
the bank beirg altogether swept away for it has grown to
be cou•ideled as a great gulf, which swallitws up the means
of the heti es, and absorbs the fruits Off taxpaying industry.
Orlando arrived here Irma La tamps yesterday. He
kora to scrape up in. net in some way for paying the sala-
ries ciduly, which are still due.
Dina is not gone to Li °raio, as the papers report; at
least he was spoken to here yesterday et ei.ing by a friend of
mine.
The wife of Gorkales Bravo returned to La Granja on the
6tl, accompanied by M. Noudal, to renew nevotiations with
the ministry on behalf of her hu-band Natoli& 's suggestion of
silos ir.g the prisoner a passport to prom d to foreign coun-
tries ei7as filially admitted by the ministers, who held a coun-
cil on the subject. the court and government were
occupied with arrangements for the approaching con-
finement of the Infants. The King and Queen
are to be sponsors, and will he represented by the
Marchineem of elalpica, Lady of Honour to her Majesty, and
Count S i Comma, formerly the Queen's mayordomo. The
corporations will aisu be represented, which usually assist at
such ceremonies. The minister of the crown who is to go
is not yet determined.
The last affair of any note in Catalonia was an engage-
ment on the 31. t between 21)0 rebels, commanded by the
Cabecilla Gilbert and the column of Bagnolas, at Capmanys,
the details of which are only just reported. The rebel" had
10 killed and a proportionate number of wounded, and the
Queen's troops only three wounded. The Carlista are said
to be exasperated at their growing distavour with the popu-
lation; and many atrocities are reported of the Cratecilla
Cortinas, formerly a Capuchin monk, who caused to be shot
a young girl and her brother, at Mura, on the 3rd, together
with another, for conveying intelligence to the troops of the
gave rnment. The same chief had two of his own followers
mewed in the like manner. The remainder of the Aragon
beam, under Cinches, the cejo had surrendered.
Gonzales Bravo arrived at Cadiz on the Ist, guarded by
two officers. He was conveyed to the common prison, and
not allowed to communicate with any from without.
AVG. 9 —Count Montalto, Sardinian minister, presented
ea the 7rh his credentials to' the Queen, with the wind cere-
monies, in the pr.:Bence of Phial, the new minister of foreign
affairs.
Serrano has resigned his place of cap•aini general of
Granida, and his resignation has been accepted. From the
circumstance of his going to reside for the present at Arjo-
nibs, under the peen xt of the air of that place
being necessary for the complete re-establisi anent of
his health, ann. s arc current of his implication
in the recent plot for upsetting Norms. The La
Granja corespo dent of the Herald° insists, however, upon
the soundness of the loyalty and the pure conservatism of
the retiring captain general, ark, is to have his services again
utilised by the gore rnment as soon as his health permits
Probably, however, his old ascendancy is feared at court.
Campazance the present captain-general of Valencia, sue-
tens Serrano at Granada; and Villnlonga, whose probable
removal from N I recently announced to you, taker
the command of Valencia. Navarre is incorporated in the
same military distil' t with the Basque Provinces, and there-
fore falls under lirhiidond captain-general of ;hose. The
alleged pretest is economy ; but the umlwag.t of the Navarrese
at the violation of their fueros by Villeinage, who made his
military governor of Piimpeluna political chief, rendered his
removal prudent, while the suppression f the relinquished
post has saved the appearance of concession. Orlando is gone
hark to La Granja; and now we have Bravo Murillo here
for a day or two. The Queen rode out for the first time these
Isar months on the 7 h.
A striking pamphlet has appeared h re from the approved
pea of D Andres Borrego, on the position of Spain in the new
political state of Europe. The drift is to prove that a corn
stitutional and legal government, and a liberal, tolerant, and
TdßlDillOt policy, can alms plant Spain in the rank which
her resources entitle her to recopy among the nations. Few
Eogl end will distrutri a truth eo self-evident.

UNITED STATES.

A summary of the folkiwing appeared in a second
edition last evening.
By the Hibernia, Captain Sharmer, arrived at
Liverpool f n Tuesday afternoon, we have New York
pipers to the 2nd inst. (inclusive). The latest dates
from Mexico were to the 16th of July.
General Taylor has accepted the nomination made
of him as candidate for the Presidency by the whig
convention at l'hiladelphia. His letter of acceptance
is as follows :
li..ton Rouge, La., July hose had tha honour
to rit.ive your COOl6lll$6lC it ion of June 10, announcing that
the whig convention, which assembled at Philadelphia on
the ith of that month, and of which you were the presiding
officer, has nominated me for the office of Presi.,ent of the
Unitid Sates. Looking to the composition of the conven-
t! and its numerous and patriotic constituency, I feel
d e. ly grateful for the honour Ix stowed upon me, and for
the d stinguished col l di nee implied in my nomination by
it, ti the highest office. in the gift of the American people.
1 c•rdially accept that nomination, hut with a sincere dis-
trust .f my hums to fulfil the duties of an office, which de-
mands for its exercise the most exalted abilities and
patriotism, and which has been rendered illustrious by the
great at names in our history. But should the selection of
the whig convention lie confirmed by the people, I shall
endeavour to discharge the new duties then devolving upon
me, en as to meet the just expectations of my fellow.citizens,
and preserve uediminished the prosperity and reputation of
our common country.—l have the honour to remain, with
the highest respect, your obedient servant, Z. TAYLOR.
To the Hon. I. M. Morehead, Greensborough,
Guildford County, North Carolina.
Along with this letter the friends of General Tay-
lor are circulating
one whichhe has addressed to Cap-
tain I. S. Alison in reply to some queries. The im-
portant points of this letter we subjoin :
I will proceed, however, now to respond to your inquiries.
Fint, I reiterate wh.it I have so often said—l am a whig.
If elected I would not be the mere president of party. I
would endeavour to act independent of party domination. I
should feel bound to administer the government untram-
melled by any party schemes. Second, the veto power.
The power given by the constitution to the executive to in-
tern's' his veto, is a high conservative power ; but in my
opinion should never he exercised except in cases of clear vio-
la ion of the constitution, or manifest haste and want of con-
sideration by congress. Indeed, I have thought that
for many years pact, the known opinions and wishes of the
executive have exercised an undue and injurious influence
aeon the legislative department of the government ; and for
this cause I have thought our system was in danger of un-
dergoing a great change from its true theory. The personal
opinions of the inch Adual who has happened to occupy the
executive chair cught not to control the action of Con-'
rye upon questions of domestic policy ; nor ought hie ob-
kthOn. to be interposed where questions of constitutional
power have hero Fettled by the various departments of go-
vernm,nt, and acquit seed. in by the people. Third, upon
the ' et of the tariff, the currency, the improvement of
our great highways, rive rs, lakes, and harbours, the will of