The Express.
London, England, 1866-12-10 00:00:00

THE EXPAISS, MONDAY

home, not abroad ; Germany the same ; sod the
United States are so far from borrowing that
they are paying off their existing debt
with unexampled rapidity. Two or three other
small foreign governments might succeed in ob-
taining a few hundred thousand pounds if wanted,
but noshing of any consequence. As for the
larger borrowing Powers—Austria, Italy, Brazil,
Turkey, and the like—they appear too wise to
make what they must know to be a hopeless at-
tempt. Turning to our colonies, the sums that
they have lately raised are comparatively small—
less, perhaps, in the aggregate than the total sub-
scribed for the single operation of the Russian
loan. Hence we can hardly say that new outlets
have been opened for our superabundant capital.
On the contrary, at the present moment a rem-
nant of discredit prevails, which is shown by
funds being kept unproductive. The best invest-
ments are disregarded, partly because it is be-
lieved that prices will go yet lower, and partly
because ninety-nine persons out of a hundred in-
variably go with the opinions of the majority.
The general feeling is against investments of any
sort, and buyers are consequently scarce.
The discredit into which the beat securities
have fallen is, as we have seen, equally shown in
France. No aoubt the Imperial Government
could raise the 40,000,0001., which the Duke PE
Pea: nowt has recommentled,with tolerable facility,
but no other Power could place any stock worth
mentioning. The French public have had their
lessons in the way of foreign loans as well as our-
selves. Mexico affords the worst example, but
Turkey and Italy are little better. As regards
industrial enterprises, political uncertainty forms
the most effectual bar to their development. The
time has gone by when in the heyday of the
French Empire NAPOLEON HI. was the arbiter of
Europe, and the Credit Mobilier the first financial
institution of the world. In both cases success
has caused mistakes. The later operations of the
Credit Mobilier have not been attended with the
same prosperity that crowned its earlier efforts.
The French, always cautious in pecuniary matters,
have commenced by partially distrusting, and then
by holding back altogether. A new foreign rail-
way, for example, introduced by the Credit Mobi-
lier—excellent though it might be--would now
fall dead. Twelve or thirteen years ago the
capital would hare been subscribed ten times over.
There as well as here the industrial application of
capital has been abused. England has suffered by
betrayal of trirt, France by.an over-sanguine con-
fidence. The result is that capital is locked up,
bullion accumulates in the national banks, discounts
fall off, and enterprise is generally stagnant.

Haig.
The Judicial Committee of the Privy Council eat on
Saturday at Whitehall. The lords present were—Sir W.
Erle, Lord Justice Cairns, Sir E. V. Williams, Sir H. T.
'Cindersley, Sir J. Colvile, and Sir Lawrence Peel.
Despatches were received on Saturday at the Colonial-
office from the Governor of St. Helena. Despatches were
sent to the Governors of the North America's Provinces and

OUR CONTEMPORARIES.

(THIS DAY.)

THR CRETAN issiutscrioN.
Putting aside the romancing which distinguishes
Turk and Greek alike, the Times concludes that with the
constant support and incitement of Hellenic sympathy,
outbreak must needs follow outbreak in Crete till the
island comes into the hand of the Greek government. The
Greek, no one will venture to dispute, is the aggressor
but nevertheless en end may have to be put to the
war iu the name of humanity by allowing tae island
to peas under the sceptre of King George. The Greeks
however, have yet to show what means they have to assert
their supremacy in a renovated Grecian empire over other
Christian races, the Wallachians, Sclavonians, Bulgarians,
and Albanians. The beginning of all rule is self-rule;
and it is precisely in, that talent that the Greeks have
for the last forty years shown themselves so sadly defi-
cient. King George sends 6,000 men to threaten the
Turk, and cannot save an Athenian shopkeeper from pay-
ing a ranaara .41,500 gold Napoleons to free himself from
robbers' hands. So long as public security is no better
provided for in the Grecian kingdom it is not likely that
either Roumans or Serviuns should wish to be incorporated
with it.
As now waged, the war in Candia, the Daily .News
observes, might last for generations, but the struggle
might be left to its natural end if it had not wider rela-
tions which by awak.ning once more the feud between
Greek and Turk bring it within the range of European
interests. In the eyes of diplomacy the success of the
revolt would be the first step towards the dismemberment
of the Ottoman empire ; and none of the great powers feels
that the time is ripe for the prosecution of its own designs
on the Sultan's dominions. That the final though dis-
tant solution of the Eastern question will be the welding
of Hellenes and Sclaves and Roumans into one Chris-
tian empire, we can entertain no doubt. But the Greeks
would advance this settlement far more surely by leaving
the spectacle of free and orderly government and national
prosperity—if they can exhibit it—to make its own im-
pression and exert its own influence.

Cat extort. , 1 [.RTES'
WINDSOR (11ARME, D. S. I THE POPE'S FAREWELL ADDRESS To`
The Queen drove out this morning, accompanied 1 THE FRENCH SOLDIERS.
by Princess Beatrice, and attended by the Hon. Caroline
Cavendish. I The correspondent of the Debats gives the following
as the substance of en address of the Pope to the
Prince Leopold went out walking.
The Prince and Princess de Joinville and the Duke and French officers who came to take leave of him a
Duchess de Chartres visited her Majesty to-day, and re-
mained to luncheon. You come to take farewell of me. I shall not inquire
t
Prince and Princess Christian arrived at Buckingham whether the moment of your departure is very opportune
Palace yesterday afternoon, and honoured the performance you belong to an army which possesses the traditions of
at the Prince of Wales' Theatre with their presence in the honour, of duty, and every military virtue. You
evening, attended by Lady Susan Melville and Mr. G. D. are executing the orders of your chief. Your duty is to
lingleheart. obey ; mine is to thank you for the sealous
The Duke of Edinburgh, attended by Lieutenant Haig, ! and devoted support you have given me. You are
honoured Mr. Oswald Brierly with a visit to his studio on leaving me in face of an audacious, unjust, and impious
Wednesilay. I revolution, before which I shall not bend my head.
Lord Stanley arrived at the Castle this afternoon, and I am tranquil as to my destiny and that •of
had an audience of the Queen. the Holy See, because I have entire confidence
Baron Blome, late Envoy Extraordinary and Isliaister in the protection of Him who said to the sea, " Thou shalt
Plenipotentiary for Hanover, also arrived, and was intro- go no further."
duced to her Majesty by Lord Stanley, and presented his i The Poi-
letters of recall.
The Lord and Groom in Waiting were in attendance. 1 (nxtrrtat's vusnita3lB.)
DEC. 9.
TURKEY.
The Queen walked and drove in the grounds yesterday 1
CONSTANTINOPLE, DEC. 9.
afternoon, attended by the Marchioness of Ely.
Prince and Princess Christian arrived at the Castle in The election of Baltazzi as Prince of Samos has
the evening from Buckingham Palace, attended by Lady
Susan Melville and Lieutenant Colonel Gttorge Gordon. ' been confirmed by the Porte.
The United States have resolved to appoint
The Dean of Westminster and Lady Augusta Stanley I
. consuls-general in the Roumanian Principalities
also arrived at the Castle, and had the honour of dining
and Servia.
with the Queen and the Royal Family.
The Queen, Prince and Princess Christian. Princess It is asserted that Mustapha Pasha is to be
Louise, Prince Prince Leopold, and Princess Beatrice, and the ' called from Candia.
Ladies and Gentlemen iu Waiting, attend. d Divine set-
' Clean 'bills of health are now granted to outward
vice this morning in the private chapel. The Very
Rev.
the Dean of Westminster preached the sermon. vessels from Constantinople.
The Prince of Wales, accompanied by the Duke of
Edinburgh, left Marlborough-house on Saturday after- 1
noon for Sandringham. The suite in attendance consisted
of Lieut.-Colonel Keppel, Major Teesdale, and Lieutenant

ape was siaibly affected.

MEXICO.
ST. NAZAIKE, Dec. 10.
The mail steamer France has arrived here from
Vera Cruz, with news to the 13th ult. She brings
3,664,000 fr. for the French treasury. The health
of all on board was excellent.

THE BOMBAY isaArLs.
SOUTHAMPTON, Dac. 10.
The Peninsular and Oriental Company's steamer
China, with the heavy portion of the above mails,
has arrived here. She brings 43 passengeris,
1,617/. in specie, and 3,380 packages of
cargo, including raw silk, value 145,0001.
sterling. The China experienced tine weather
throughout the voyage.
GIBRALTAR, DEC. (I.—Exchange on London, 49i
\to g ; Paris, 5.14 ; Madrid, l dis.
Her Majesty's ships Redpole and Skylark were
in the harbour,

CALCUTTA, CHINA, AND AUSTRALIAN
-_ . _.-

MAILS.

MALTA, Dm. 9.
The Ceylon left here at 4 p.m. yesterday, and
the Manilla sails at noon to-day.
The former may be expected at Marseilles on tho
morning of the 11th, and the latter at Southamp-
, tun about the 18th inst.

OUTWARD BOMBAY MAIL.
The Delta, from Southampton, Nov. 27, reached
Malta December 6, at 7 a.m., and left at midnight
for Alexandria.
The Pounah, from Marseilles, sth inst., arrived
on the Sth at 3 a.m., and left at 10 a.m. for Alex-
andria.

EXPRESS FROM PARIS.

OWN OUR OWN CORRESPONDENT.)
PARIS, Sontur Ragetwo.
The France affirms, on the faith of its Vienna
correspondent, that a despatch by the Atlantic
cable dated New York, Dec. 6, had informed the
Archduchess Sophia that her son Maximilian had
changed his mind, and, instead of returning to
Europe, had left Orizaba for Mexico city. There
being no confirmation in any quarter of this most
unexpected news, 1 hold it to be a canard.
The convention on the subject of the Pontifical
debt, signed last Friday at the Ministry of Foreign
Affairs, is understood to have had two main ob-
jects :-1. To settle the proportion of the old pon-
tifical debt to be henceforth borne by the Kingdom
of Italy in respect of those parts of the States of
the Church which have been annexed ; and 2. To
fix the sum to be recouped to the Roman Treasury
on account of annuities which the Pope has con-
tinued to pay for the last seven years, although the
taxes in his lost provinces had been received by
Italy. In order to enable the Papal government
to satisfy the most pressing claims upon it, a sum
of 20,600,000 fr. will be paid by Italy through the
hands of France within the next three months.
The Patric contradicts, I have no doubt on good
grounds, the report that the Minister fur Foreign
Affairs had sent a diplomatic note to the tireek
government, touching the insurrection in Crete.
Rossini had a fall the other day, the conse-
quences of which were alarming, but it is hoped
that ho is now out of danger. On Friday last,
immediately after dinner, lie retired to his bed-
room as is his wont for a short time. Madame
Rossini finding that he did not come to the draw-
ing-room so soon as usual went to seek him and
found hint sunk in an arm chair almost in a faint-
ing state. He had tumbled down and struck his
forehead and nose against a piece of furniture.
The shock produced vomiting. His standing
physician, Dr. Vio Bonaparto, was at once
sent fur, and he sat up with him the greater
part of the night. The bulletin the next
morning was good, and the illustrious
patient is now reported convalescent. Neverthe-
less the account of the fall leads to the supposition
that it must have proceeded from a fit of an apo-
plectic or epileptic kind. I saw Rossini ten days
ago, on a Site St. Martinmas summer afternoon,
walking on the Boulevard des Italiens, leaning on
the arm of M. Accursi, the prefect of police at
Rome during the republic of which Mazzini was
the chief. He was then looking extremely well,
and returned with grace and affability the nume-
rous salutes that he received. Rossini is a Parisian
institution. During the winter months his
variable promenade is from the corner of the
Chauasee d'Antin (where he lives on the
second floor over the Cafe Foy), to the
corner of the Rue Drouot, at the other end
of the Boulevard des Italiens. He sometimes,
especially when the weather is showery, diverges
into the Passage de l'Opera, where he takes two
or three turns. He generally has some young
people about him, and not unfrequently a young
lady. In the summer he may be always seen,
between luncheon and dinner, toddling about in
the long gravel walks of the garden of his Italian
villa at Paaay. His idea of the, decline of life is to COURT OF BANKRUPTCY.
let it flow on tranquilly. He hates railways, and (Before Mr. Commbsionsr Goalburn.)
EN RE G. P. DRUM
feels no necessity for change of air at watering The bankrupt was an attorney and solicitor practising
•
places. He gives some musical soirees in the in the city, bat having no connexion whatever with the
Chaustode d'Antin, loves to patronize rising artistes well-known lie appither oner2ronotdaDyeira: rodpmeTi;
—especially ladies—and is always ready to give an examination, when judgment was reserved until to-day.
autograph and a kind testimonial to his tradesmen.
The curd of Chiteauneuf-sur Loire was attacked of Mr. various public . bankrupt bad been actively eappd thy pe,„„oon
to.r the assignees • Mr. Reed, for a
by an assassin the other day while performing mess creditor
. named ;sad Mr. Lawrijnis for the bank-
at the altar, and stabbed in three places. The L_
rilaw Honour said it was diMetilt for bim to Daneto any
assailant, who is in custody, was a chorister in conclusion,
-6° the as to the sufficiency of th
Leiannta fi-01•41led by
thPen
e
the churl*, and his only motive was that the cure b"kllll)Bth.bus 6 U
had refused to raise his salary. reference to the proceedings, he fOund that about
lei. only had been received, although property

COURT OF EXCHEQUER.
Sittings at Nisi Prius at talldhall.Hßefore the Lord
Chief Baron and% firtainhinry.)
This was the first day of the sittings in London. The
list contains 115 causes of which 22 ore entered for special
juries.
BRAZILIAN Awn PORTIJOUVIR BANKING COMPANY V.
AMERICAN RANKING COMPANY.
This was enaction to recover 15,000 f., as damages, from
the defendants for not accepting a bill, in pursuance of a
letter of credit.
The Solicitor-Genera) and Mr. Maude were counsel far
the plaintiffs ; and Mr. Mllwerd, Q.C., appeared for the
defendants.
The transaction had reference to a cargo of coffee from
, Rio, which was disposed of at New York at a considerable
• lose, and the question involved being purely one of kiw,
it was agreed between the parties to state the fact. in
the shape of a special case for the opinion of the aotal
'•above.
i A verdict for the plaintiff for 0,0001. wan Mmiertaken
on that understanding.