The Express.
London, England, 1847-05-01 00:00:00

LATEST INTELLIGENCE.

THIS DAY, Four o'Clock.
pada& Paiguin. Lieut. avulsion,
r at Falmouth, with the sails from

arrival
the Bra

The following is the Ukase of the Emperor of
Rao* to which we briefly alluded yesterday :
Bycommand of his Imperial Majesty, the Directing Senate
lesrdths repoe of the Minister of Finance of the Ist April,
under 141.2,01 i, in which he preteens for due publication a
minute, confirmed by his imperial Mejeste, of the 31st March
last, containing the opinion of the Council of the Empire to
the following effect :—The Council of the Empire in the
department of economy aad in general assembly, having
esamined the statement of the Minister of Finance relative
to the layiue 'tide, out of the bullion capital of the depart-
ment of credit of* sum of 30,000,000 of silver roubles
for the panelize of public tecuritiee, and acknowledging for
its one part the utility of this step, because it appears a con-
relent and promising means of extracting out of the immense
billion-fond (more than 114,000,000 of silver roubles, or
aswly 20.000.000/. sterling), hitherto dormant, important
sdeantagee for the empire, foresees no obstacle to the adop.
tee of it, on this sole condition—that the said advantage'
man In applied exclusively to the extinction of the various
debts of the empire.
" From this point of view, this measure offers the following
rusks :
" 1. That the bullion capital, in its fixed amount, is in no
respect diminished, but only a portion of the coin in it re-
placed by eseurities equally solid and valuable, and which
moreover bring in a constant income, and enjoy universal
credit through Europe.
2. The quantity of coin of our bullion capital, after setting
aside the past appropriated to the purchase of securities, is
Salto enormous, that, judging by oar experience, and that of
foreign banks, it cannot but be deemed sufficient for the un-
equine:l.d conversion of the billets de credit; but even
should a necessity arise for the increase of the quantity of
coin in the buliion fund, then the aforesaid securities offer
end° every convenience, by the ready sale of the same for
cash.

"3. The use of the advantage which may accrue from
such an operation, being exclusively applicable to the extinc.
lion of th., debts of the empire, promises to the govern-
ment new means for the satisfaction of its engagements, and
consequently a correeponding alleviation of the national
burdens, Comb', ring these things, the council of the em
pire has given its opinion as follows:
"1. From the separate capital fixed by the 7th and 17th
paragraphs of the Imperial manifesto of the let of June,
1813, for the conversion of the billets de credit into cash, a
sum should be set apart to the extent of 30,000,000 of silver
rubles for the gradual purchase of public securities, Russian
and foreign, here and abroad.
" 2. Thew securities, as they are bought, are to be reckoned
as belonging to the said capital at the value paid for them,
and are to b.• preserved together with the ready money.
" 3. Tho interest sr rendes of these fundsoaccrumg from these
securities, and, in fiae, all the prof to of the operation, should
be devoted to the extinction of the foreign and interminable
ibis of the empire; but, in the event of the pureha-ed
esenrities falling 2 or 3 per cent. below the price at which they
were purchmed, a portion of the said dividends or moles
- wbe rtelenti,d tO OW asemres of the bullies emptied, till
bit:teals the money laid out, using for the extinction of the
debts of the empire only the residue.
"4. If, fit. the conversion of the billets de credit, a neces-
sity should be f 'mem for the increase of the quantity of
tont, then the purchased securities ere to be immediately
converted into cash by sales of the purchased funds on the
exchanges of Etienne.
" 5. But, if at the sale of any part of these securities or
the redemp ion of them by drawing out, a smaller sum
should b, realised than that at which they were estimated,
thee the deficiency is to be made good from the accruing
dividend., and, it thew be insufficient, out of the imperial
treuury.—Signed, for the President of the Council,
COUNT SCWABCROFF.
" The original signed by his Imperial Majesty.
" St. Petersburg, March 31, 1847."

Letters have been received from Pernambuco this
morning to the 30th of March. From the scarcity of
shipping to carry away produce, the exchange had
declined to 291 d., and no drawers. White sugar;
were quoted 900 rein, and brown 1,000 rein upon the
government valuation.

From Dreseen, under date of the 21st tilt, it is
Rated that the Grand Duke Constantine of Russia
had arrived there the day berme, and took up his
Quarters in the hotel of M. de Schroder, the Russian
envy.

GERMANY. BERLIN, APRIL 25.-
10 emarquence of the riots which have taken place, about
215 perms have been arrested, 192 of whom have been re-
ferred for judgment to the supreme court of judicature.
POMERANIA.— STETTIN, APRIL 25. The riots
which took plsee in this town have been quelled, and mlm-
elm is restorid.— AU. i'resses. Zeitoing.
AUSTRIA.—VIENNA, APRIL 21. A fresh im-
paha am been given to the admit-filtration of Bohemia, I
hy the sojourn in that country of Archduke Stephen.
A new law, relating to the organisation of Galicia,
will soon be published, which will much simplify the admi-
Mention of the country, and ensure its prospering en a
durable foundation. In the meanwhile, great excitement still
preyeds in the district of Suutialas, and one half of the troops
stationed there are continually under arms. Advice. from
Lemberg of the 16th, and Cracow .f the 17th, announce that
the separation of the government of Eastern and Western
Galicia has taken place. A civil governor and a president of
the regency are to reside at Cracow. The university is about
is he morganised on a largo scale.
BAVARIA.. MUNICH, APRIL 23. Prince and
Princess Leopold have returned from a journey to Florence.
It is said that the governments of Bavaria and Wurtemberg
have increased the duty on the exportation to France and
Britserland of grain, meal, and bread, to 50 per cent.

TUE NEW JUDGES OP COUNTY COURTS.—NEW
AND IMPORTANT POWERS TO 11l VESTED IN TRlM.—Yel-
terday the judges of the new county courts received a
amine that the powers at present possessed by them, under
the act 9 and 10 Victoria creating those courts, would be
considerably increased under Lord Brougham's bankruptcy
and insolvency bill, by vesting the jurisdiction, now pos-
sessed by the Court of Bankruptcy in matters of insolvency,
in the commissioners of the Insolvent Debtors' Court and
the judges of the new county courts, in all cases where the
insolvent shall have resided six months previous to Sling his
petition, except in the counties of Middlesex, Essex, Kent,
Surrey, Sussex, and Herts. The judges of them courts,
Ender the act, will have all the powers at present pos-
sessed by the commissioners in bankruptcy, so far as insol-
vent debtors arc crammed, vested in them. The 29th
clause of this act gives the judges of these courts the power
at present only poseenord by the judges of the superior courts
to issue warrant. for the prevention of any debtor leaving
England, in cases where the plaintiff shall prove to the satis-
faction of the judge that he dee a cause of action pending in
a superior court, for the sum of 201. and upwards, in
debt or damage, and to keep the debtor in custody until
he shall giv.t bail to the sheriff, or deposit the amount
of debt or damage mentioned in the warrant, with 101. for
costa. The insolvent commissioners are not to go cirmit, but
the judps of the county courts are to send am the whole of
the proceedings, in cases of insolvency, to the Insolvent
Coact, to he kept as records. The other classes in the act
Mate chiefly to the reduction of the number of the commis-
Scorn a bankruptcy, and to the abolition of the Court of '
Review.

JURISDICTION OF COUNTY COIMPra.—A strong
difference of opinion prevails between the magistrates at
the various police courts, as to the construction of the late
County Courts Act, with reference to the recovery of small
tenements. A portion of the magistrates contend that the
whole, Iwer of summary ejectment is transferred to the
county courts, whilst another portion consider that the net I
V,lly gives those courts a concurrent jurisdiction. Mr.
n 4,4 the presiding magistrate at Bow-street, has been re-
9,,,fted to obtain the opinion of the Attorney and Solicitor-
tsentral on the tuhject. It is stated that whilst the cost of
a summons at the police eJurts is only 25., the expenses that
aunt be paid in advance at the county courts in a case of this
kind amount to 281.
MOR tLITY OF I'eIEDICAL MEN. From a return
of
.pri.oaers given in the Parisian 3fonotear, a fact very
lettaLtetory to the medical profession has been made public,