The Express.
London, England, 1848-05-25 00:00:00

eudge from the price st which the notes of
ieBtiwif
ok see now quoted, the discount, at one period be-
ewoooo antclo76o. perrici•eeauti,„.hifseuintoiew :el:en to shtli still fte above 60
eeePsretronte;ka ElCheage on LondonP atatrOnasyuet, "natiN3i;
„,,53 On the quotations of specie there is no variation,
but gold of all Cau•tties is at a premeum.

CONSTANTINOPLE, NAT 7.
The cholera increases dully in Constuntinople and
alro in the surrounding villages ; all the precautions in the
wild would fail i 1 preventii g its raging. It has also
woken out in Galata ; the cams are aa many as twenty a
day. Another change has token place in the cabinet ; Mast
pubs, the Minister of Finances, has been appoint, d
Minister tor Forrien
has
in place of Aali Pacbs, re.
owed; and Nab' Poch& has been appointed Minister of
;wince, in place of Rifest Netts. The councils of mirth:i-
tem, under the pree,idence of the OriNd Vizier, are very
frequent. The Pope s nuncio will not leave until the end
of the stanth. Tte Sultan hail *ent him, as a r
dpesent tor the
op megniticent saddle, enriched with iamonds of
greet' vslue; eight beautiful Arab horses; three enuff.bozes, I
mounted in diamonds; tour beautiful decorations, fur him to I
distribute to whom he pleases; six hundred pieces of ea.
wub with gold embroidery ; a great number of Smyrna
carts ; Pope, s
shawls ; a grand decoration
for Ike Pope, and another for Monsignor leevieri.
The whole is veins d at ten thousand pounds.
Turkey clntinues ;web...Ay tranquil. The movements of the
eourt are kept mole stcret than ever. It schid l'acha, tne
es.o and Vizier, has &pension allowed him of arty thousand
piastres per month.
Trade is very dun. and money scarce. Oar magazines are
full acorn, and we have no sales. Prices have fel:en and
arc as follow :—AZotf hard wheat, 19 to 20 p. the kilo. ;
geosrabia, 181 to 191 ; Routnelia, 14 to 151 • 'broil, 8011, 9
to 10; Raiment, 11 to 12. Boil. y, 01 to 6.; Indian corn,
81 to 91 ; rye, Bto 9 ; OAS, sto si. There are upwards of
130,000 kilos. 01 wheat, and 90 000 kilos. of barley in store.
Freights are also down. Aii English brig chartered here for
Enonand at 55. 3.1. per quarter. Some others have chartered
to load in the Sea of Az df, tor England, at 62a. per ton.
Ellbange on Loudon, 3 month, 110 p. the pound sterling.
Atexasiontii. Mos: 9 —Trade is absolutely at a Stand
still, :cud all credit entirely &undid:dill. Nothing is dime
except for cash. Ever since the events in France every
mail draws money from us; consequently all European
goods have advanced in price. The crops of corn ere &bun.
dant,consequently prices are v. ry crop of
is no rate of
exchange upol Europe. Doubloons are worth 3
3 32.3;
pi
pillareastres ;
sovereigns, 1001 ; Nspolions, 80 ; dollars, 20 d
dollars, 211.
.----------

BELOW NI.-Ihitt'SsEl,B, MAY 23.—The govern-
ment has received a very interesting report fm the Belgian
consul at Valparaiso, respecting the commerce of Chili en
other coUntries on the vre,t, rn meat ot South America, espe-
cially in connezion with Belgium. Thu report is accom
panicb. several documents relative to the Lumber of
ships do
inych entered and quitted the ports in 1847 ;
acounts of the sales of the p tncipal products coming from
Ilelgiurn to Valparaiso in 1817 ; the weights, mea
coins of Chili reduced to the weights. measureo, and coins of
Belginin. Ilia klajesty, by a royal ordonnance, has
sanctioned the law adopted the chambers truth...T.
inng a new emission of bank notes of the Societe
Generale ler the encouragement of national manufactures.
The amount of notes issued for this object is
mine to exceed
'2O Grabens of franca. The governor: nt notes three
commissioners charg. dto of the operation of the society
to ensure the execution of the existing conventions and to
movie to the government such general measures
as may be deemed suitable to the interests of the
states, and, in case of approval, to superintend
their being carried into effect. -the state of the Soeiide
Generale shall be published at least once in every three
mos, and the balance ot accounts at least once
interest eve year.
Thnthe government is to receive an annual of 4 per
cent., and, in order to facilitate the service of the treasury,
the government empowers a supplementary emission of bank
notes to the amount cf 12,000,0001.—The Prince of Prussia
is expected at Brussels to- day , tte :Atli, .Can kenbourg,
al
camp of the King, has gone to Ostend to receive his
royal highneso.—A cantles from the Swinish cabinet pained
tam hrough Brussels ye steroav, hearing an order o the Spanish
bassador in London to iletuand his passport t
s.

COLONIAL.

BRITISH NORTH AMERICA.
CANADA,—tier Montreal dates are to the Gth of
May. I'olitic&l excitement seams st a discount; nothing
more stirring offering than a controversy between the Mont-
real Pilot and Arcnir, on the expediency of repealing the
union between the Canadian East and West. Parliament
has been prorogued till the 7th June, not then to meet for
the despatch of business. It will probably assemble at the
end of autumn. Tr..cle at present is dull, but the season can
but Just be said to have commenced. and may b. better than
our tears led us to expect—at any rate, we hope so. We are
in expectation of the arrival of three vessels bound here from
the Clyde, which have arrived at Quebec, the Caledonia, the
Albion, and the Canada. This is eight days earlier than the
first arrival at Quebec list year. The weather is fiat beyond
precedent, but vegetation is nut so tar advanced as would he
supplied ; the small quantity of snow which fell last winter
has permitted the frost to sink decens than usual into tie
ground, and ploughing is in cousegaence retarded in a great
degree.
NEW BRUNSWICK.—From this colony we have
papers to the 7th of Slay. 'The eed..-ricton Reporter of
the sth, says:
The Executive Council now 4.itting, has yet done nothing beyond
the p routine
poet al of business, and we are consequently indebbd to
rumour fur all the information which we can give in this day's piper.
It m sod that the retag..ation 4.f Mr. Ertanston has been tendered, and
purlthose of Mr. Bail= and Calonel Shore will follow. It is dim re-
ed that it will not be ouito FO eery to torm a coalition minbary as
a ,Ole imagined, as Mr. w ittuot insists upon the office of Attorney-
General, and the Hon. 514 sure. innear sod Chandler urge theirelains
fur the s.uue appointment. the .tlw thou2ht that the dinnbution
of patrons= woutd sadly puzzle Bic new government, for, while
several prongs themselves willing to act .44 members of the executive,
the offices scent to invite contention.
More important is the ludowing piece of news from the
st. John's Courier of the 6th :
'the Royal Gault, of Wedne.day last contains his Excellency Sir
Edmund Brad's proctimatton, um:nuking that Nova Scotia having
complied with the terms cf an ac ins -e.l at the last session of our lc-
a-
&lobar, by admitting an articles the growth, produce, or manufa
ture of New. Bruroiwick (except spirituous liquors) into thc ports of
that =orifice, all duties upon similar articles imported from Nova
Scotia would cease and determine in this province on and after this
day ,Satorday, May Gr. We trust that no time will be lost in carrying
out the intendosis of the legislatuee with regard to the trade between
this province and Canada, Brines Edward's Island and New
We are the more =arms to roe the principle ot free trade between
the cabin= at once carded out, as we are informed that the Prince.
Victoria, a large steamer, shortly to leave liurbec for this port with
a cargo of CultadiaD pruauce. We have not learned whether she will
return to the St. Lawrence or bc employed on our waters.
MAURITICS.—There are accounts from Port Louis
to the 25th of March. The colony bad been visited by a
heavy gale of wind on the 7th of that month, and the Dhur,
from Calcutta, the Mail, from the Cape of Good Hope, and
the French ship' Doorge were obliged to put to sea, and had
not returned to the anchorage up to the 17th of the month ;
later accounts do not name these vessels. The intended
Government Bank had not cammencerl its operations, and
the utmost po.sible depre.sion prevailed throughout the
colony, both as to agricuiture and
parties do,
or remunerative bu-iness bein.: the lawyers, .ouissiers
(sheriffs' officers), and notaries, who were folly occupied.
The Mauri.ius papers, alluding to the establishment of the
Government Bank, mention that the directors of the Commer.
cial Bank have at once agreid re.inou.sh their noto circula-
tion so long as the new institution shall supply a correspond-
ing issue. The affairs of the Mauritius Bank, it had been
decided, should be wound up, and it was anticipated that the
shareholders, lately conealerably reduced in num,.er by the
forfeiture of shares belonring to It.-;d, Irving, and Ce. and
Barclay and Co., would receive about 80 per cent. of their paid
caeital. The profits ot the bank during the last halt-year of
its operations yielded byte more than two per cent.
The aff des of Mesars. Aikin anal Co., whose suspension is
announced by this arrival, would Ise arrenged by • payment
of 75 per cent. by instalments—lo per cent. cmh
end , 14 per
cent. at the end of this: year, 25 per cent. a the of
1849, and 25 per cent at the end of 18.50—the creditors
h iving aimed iate y adopted the proposal.l he instalment are,
it is said, guaranteed by a mortgage upon an enencumbered
sugar estate. The eredttors of Adams and Co. have at length
agreed to the 30 per cent. effered, and trustees bare been
appointed to carry out the arrangement. Barlow ar.d Co.'s
estate will, it is expected, yield from 25 to 30 per cent. ; and,
like the others, it has been transferred to the management
of tr miter s.
On the subject of commercial affairs the Mauritius Mail
of the 13th of March writes as follows:
Notwithstanding the dry
The approaching crop penults, s well.
weather through larcemher and January, the abuant ra ndins and
get at beat of last ntontli hoe,- brought on the cams or forward as they
were last year. It is too esrly to make any
safety that it
yid exceed lettioo,4 04414. the piesint crop will be little short
of 120
have Private bills on England, at three months'
eight, have been taken at 5 and per cent., with hills of Poling
in guarantee at ths rate of Ifs. per lholb., Enoch, of sugar. British
silver has ruled from sto 7 ; and sovereigns, from 7i V) vi per cent.
premium. The shipments of sugar last month have exceeded by
2,000.4001 b. those of the same month last year, but the difference on
the whole snip, compated with last year, ii still beyond 20,000,0001 b.
Priem Bodo:dell but little until the end of the month, , for want
of buyers, there was a dulness in the market. The rateswhen of the sales
were at from 3 dots. for low brown to 5 dolts. for fine yellow; sirops
front 2 dole. 50e. to 3 dole. 75e. Mince the arrival of news from Eng-
land to the 20th of December nothing worth notice has been done.
The Mauritius price-currents of the 16th March state
that the shipment' of sugar up to the previous day were
87,847,4961 b. against 114,583,4161 b. at the same period last
year. Freight', it is added, have farther declined, and for
the United Kingdom 31. is with difficulty maintained.
VAN DIENI EN'S LAND.—Fom tis colony we
have letters and papers to the 26th r
of Januhary. Political
affairs are in a critical state; trade still depressed, but the
condition of the landward settle rs is more premising than it has
been. Au extensive ship-building business has been fairly
established. The facts respecting it, stated by an intelligent
and respectable commercial gentleman in Hobart Town, in a
letter dated Jan. 2.5, are important, inasmuch as thee
directly contradict the averments of our protectionists, that
Britain and her colonies cannot compete with foreign ship-
builders. What foreign nation can build splendid copper-
fastened ships equal or superior to A 1 of Lloyd's, and lasting
as teak-built vessels for 81. a ton
• • building colon
• We are here beenmiug quite a ship-y, and I
need not tell you, who is so well acquainted with it, that ttheimber
osuch
as is here to be but for the cutting is not to be equaled ;
and I anticipate, in • few years' time, we shall not only be able to
supply a good portion of shipping for he mercantile marine, hut also
for her Majesty's nary. The durability of the timber has been well
test d; but the lengths are such that, believe, camera be excelled.
Wariest, the shipwright, who you know, has lust laid the keel of
Vr,.,1 u,',A tons, the length of wheh is 140 feet, and three such
Ise,:s out cut out u. OM lice. There lea been launched here