The Express.
London, England, 1858-06-21 00:00:00

TEE EXPEEPS, MONDAY EVENING, JUNE 21, 1858.

penaation is equally due to the innocent Sardinian
subjects, who have suffered u mach or more than the
English. The Sardinian Government seems disposed
to put forward • clads for such compensa-
tion ; if it does, will the claim receive the sup-
port of Lord Drany's Ministry ? If Lord MALLES-
BURT hang back, in the event of such a claim being
urged by Sardinia, he will lay himself open to •
suspicion of having, by complicity with Austria,
snatched an unimpurtant concession from Naples,
simply to strengthen the position of his party in the
English House of Commons. And even though
he continue to act in an English spirit as regards the
questions arising out of the seizure of the Cagliari,
he and his colleagues cannot look for national sup-
port anima they are prepared to adopt a truly Eng-
lish policy in all questions bearing upon Italy.
This warning is given not in the interest of any party,
but simply from an anxious wish to see a foreign policy
worthy of our country adopted in the Councils of the
Nation. It sill be in vain for the Ministeria!
orators in Parliament, or their organs in the press,
to attempt to impute a fs.cri"tis motive to the warn-
ing. The PALMERSTON-CLARENDON clique alone
can have any interest at present in shaking the
stability of Ministers; and the language of the
PALMIRMTON-CLARLNDON journals referred to above
warrants something more than a suspicion that in
their views regarding Foreign Policy Lords MALMES-
BURT and CLARENDON are one. It was the syste-
matic policy of Lord CLARENDON to fawn upon
Austria, and to display a laquey-like supercilious-
ness towards Sardinia: is Lord MALMLIBURT going
to follow suit ?

LATEST INTELLIGENCE.

THE CAGLIARI.

The steamer Lombardo, which arrived ►t Genoa
on the 17th, brought the new, that the Cagliari had
left Naples on Monday, and that the English consul
wee to leave Salerno on the 18th, to take charge of
the crew, and see it embarked on the Cagliari. The
vessel was expected to make the port of Genoa on
the 18th.

Imperial Government, who say that from its origin
and traditions it must necessarily be despotic. These
" enemies" endeavour to placard the restored
Empire with an unpopular ticket, viz., "despot-
ism," bat the country does not wept
despotism, and the proof that it does not is,
" that it becomes uneasy, almost alarmed,
when it has ground for thinking that the
government is entering upon a compressive course—
when, far example, it sees the oword of a general
upon the desk of the Minister of the Interior. The
country becomes reassured, on the contrary, when it
sees that moderation and legality are the acknow-
ledged rube of politics, and that one of the most
eminent judges in France is called upon to direct
the internal administration. Thus it is as a govern-
ment of order, legal authority, and regulated Liberty,
that the Empire was proclaimed in the person of its
glorious chief. It is as such that it has the con-
fidence and respect of France. When it is mis-
represented, and when it is attempted to make it
appear as a military dictatorship, or a regime of
depotism, it at once becomes weaker. This is a
valuable lesson, and one which will not be lost.
The Bourse has relapsed into a state of dulness.
The Rente closed heavily, at 68.20 for cash, and
68.30 for account, with a fall of 30c. and 10c. Mo-
bilier fell 11.26. The Orleans Railway rose 7.50,
and the Lyons 2.60; hot all the other lines were
lower. Southern fe1117.50, and Northern, Eastern,
and Western Of. each. The contradictory reports on
the subject of the government negotiations with the
companies, prejudicially affect the market.

In Marlin szehaage a fidr business had been done fur the
Africa, at irregular prime. Bankers' bills mostly sold at
moan by 174Mlous under that figure. The
=Litt
mu 108/ te 1 .
The statement et the ew York city banks for the week
shows an Increase in the specie reserve of about 1,300,000
dollars.

The stock market was dull, and railroad securities were
coldly rather lower. The closing quotations were—Erie
Iro, 161 ; ditto Banda of '7l, 37}; New York Central,
824; Reading shares, 42; Virginia id ixee, 923 ; Michigan
Southern Pref., 424. Nothing doing in Illinois CentraL
Ache' in good demand at steady prima. Cobs doll, but
arm at unchanged raise. Cotton quiet, and prices ruling in
favour of buyers. The receipts of the week at all the ports
amounted to 27,000 bales. Flour had been active at en ad-
vance of 6c. to 100. for State end Wagers, but it dosed
dull, and the advent* partially lost. Wheat continued firm.
Coin advanced 2c., with a moderate business. Iron remained
extremely dull for ell descriptions. Nails steady at previous
rates. Spirits of turpentine had arrived peett7 belly, but
closed firm at 470. to 471 c. An active wee boas in
while oil. Pork dull and unsettled, end mess again 260.
lower. Beef doll and tending downward. Lard steady.
Rice very dull. Sugar steady at former prices. Tobaooo
quiet and unchanged. Freights dull end rather lower to
Grist Britain ; Sour for London, 12.100. ; resin, b. 3d. to
2s. 6d.