The Express.
London, England, 1866-04-09 00:00:00

IMPORTAKT LIFEBOAT SERVICES.

CANTOR, incmt GREAT YARMOUTH, Aran 7.
During heavy weather and a strong wind from
E.N.K yesterday, Wets of dirtresa were men in the direc-
tea of the Cackle Sand. The Birmingham, No. 2 lifeboat
of the National Lifeboat Institution stationed at Caistor,
was at once launched, and found a large Mesmer to the
northward of the sands. Her engines had broken down,
and she was quite unmanageable, and was drifting with
the tide. She was the steamer Corton, of Newcastle
bound from that port to Havre with a cargo of opals:
With the aasistanoe of the Serreby lifeboat, which had
also put off to the steamer, the Calder lifeboat men suc-
ceeded in taking the vowel and hererew intoYannouth Roads.
PALLING, NORFOLK, Aran 7.
A barque struck the beach at Wexham, about two mike
and a half south of this place last night (reports Mr.
Riches). The wind was blowing hard at the time from N.E.
and there was showy sea on. The lifeboat of the National
lifeboat Institution was at once got out sad pm-
ceeded to the scene of the wreck, but, before her arrival,
the mew had been fortunately rescued by the Horsey
beaehmen in one of their boats. The vem4 proved to be
the Thomasine, of South Shields, laden with coals and
coke, and she is likely to become a total wreck.
COURTOWN, COUNTY WEXFORD, Amax 6.
The schooner Victory, of Wexford, bound from Dublin
to Periarth, with a cargo of oats, parted from her cables
during a gale of wind this morning, and came ashore
near Glynn Head (says James S. Scott, Esq.). The
Manchester Mn. 4 lifeboat (the Alfred and Ernest) of the
National Lifeboat Institution was thereupon at once
launched, but after she had been out about two hours news
ems to Coartown that the shipwrecked crew bad Win
saved by other means, and the lifeboat was accordingly
recalled to the shore.

Tin RINDIRPERT IN OXIOILDBIIIILE.—We regret
to find that several fresh cases of rinderpest have broken
out within the lad few days on the banks of the Cherwell
adjacent to the city of Oxford. It has deo againirearect
on the borders dt the county, and clod to But nglisin-
shire. Kr. Cosi el Whiteerese-gress, former and grog:kr,
stated at Oxford mutat on Saturday that, after losing 55
out of 80, and almost satisfied It had quite left his
herd, he was made aware to the contrary jtuit
, before he left or having found three more suffer-
ing from the malady. Some of his neighbours' cows were
alike taken with the disease.
ov vas QIIOII3I FOXEOUNDIE—On Friday
Lot, at the kennels of the Qum hounds, in Leicestenkiee,
this celebrated pack of fozliounds was sold by Meson-
Tattenall, and realised exceedingly higk ewes. The
whets yea sesseriesd 73 eoupie, and they reeiessi
the
:Crmun Q 11,4011. The Marquis Hastinp pos.-
2; ample, foe which be paid 700 guineas. Thep*
is new ilelallsated cant several *aunties.

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JOHN BROGDEN.

ORIGINAL GOLD CHAIN MANUFACTORY,
14, ILLITRUUTLATRAKT, COVANZOLLOILIL

JOHN BROODZWI3 18-carat GOLD MAINE"

JOHN BROGDER'S GOLD GUARD C 1 8.

JOHN BROODEN'S GOLD ALBERT CHAINS.

JOIRI BROGDIEVS GOLD BROOCH CHAINS.

TIIRTL E, TURTLE, TURTLE.
Mar Y'M old Invalid TURTLE 9011P9 awns ready.
er JAWIS-WALL. itionNzeralarr, PIOCADIDLLY.
WM. DONALD, kropristor.

MO WEST-END DINERS.—The WELLING
-
.11. TON, St. James's-street, Piccadilly. ladles' Saloon
DMus-roam on the first door. The aakamiptioa rooms are now
coma Terms, twelve months, Ll IL. so.; di months, it la—
Apply to D. Cameron. 49. St iernee'arirreL

LONDON most have a SUPPER and MUSIC
10011 for Oenttemea—ltaatember, ere malt tee pot at
" IVALNIr," elm the Caveat Osaka Opera aad the lustros.

Ehe earitrtoo.

TO CORATSPOWDZIITS.
&enlistments intended for " The Ewer," London Ives tai
Or, met be at the Once, 10, limeade-street, by Two
ck on the day of publication.

HAYMARKET.
THin EM U°, A 2.OMANTIC ATTACHMENT. Mamma
OVVaadW. Farm ; Mlin AdsCavondlia.—THE NATOBITI
ITUNIL Mean Buckitone. Chippendale, and Both ;
YR CElppladals, etc—Aad A DAUGHTII3. TO MARRY:

PRINCESS'S.
TEN STEM % • GHOST IN SPITE OF HIMSELF.—After
et** THE STREETS OF LONDON. Mama Vining. T. Mead,
D. Mom, Shore. and VIM(' ;Yn H. USTIO•00., and MI E.
Bornida and IL. Radian

LYCEUM.
Two Eviorwro,llll3oBo.ll AND 00.—And THE M& OF
RAVENSWOOD. Mow& Focht's, G. Jordon. Veda, Esiwy,
Wlddicomb, Fittpataick, ; lesasmas Term% Mwatly,
laves% sad C lisolereq.
- - - -

Tntrr Airm.
irgis sminte, TIM DARK KING OF TKO BLACK MOM
FAIN& Nis Clink St Cease,
THE Line —Muter R. Bfiecleee
—The &hare Famlly.—And 800117811 CUIP. lir.
James Anderson.

HIOII-WATER AT LONDOIf-BEIDOIL
TEE 9 D 7h.
AY —Morning, gen Afternoon, Ad Ms.
TO-MOlAoM—lforning, 9h. Urn Afternoon, 9h. 6.1 m.

LONDON, MONDAY, APRIL 9.

Tam present period of uncertainty, when the out-
break of another continental war may be almost
daily expected, affords a marked contrast with that
which prevailed just seven years ago. Now, as
then, we see the usual feature of a fall in Consols,
and an accompanying deterioration in other securi-
ties, especially the foreign funds, but there is, not-
withstanding, an entire absence of the panic which
proved so disastrous in 1859. Yet it cannot be
denied that the circumstances of the present day

are at least as grave as they were in that year.
As far al English interests are concerned, there is
no question that they are far more likely
to be prejudiced by a conflict between the
two great German Powers than by a mere
localised expedition for the liberation of Italy.
Our modern financiers, however, look upon the

more serious contingency with an equanimity that
was altogether wanting in the last political crisis
of Europe. Whether it happens that the sudden
transitions in the past five years have habituated
the public mind to any change however unexpected,
and thus, as it were, rendered it callous to danger,
or simply that events are now considered with a
cooler and more deliberate judgment than hereto-
fore, the effect is the same. In 1859 a mere rumour,
which on the face of it was untrue and absurd, was of
sufficient power to ruin half the members of the

Stock Exchange. To-day not only are vague re-
porta totally disregarded, but even the best founded
statements of facts receive comparatively little
attention. It is possible that we are running into
the extreme of over confidence, as formerly we
passed through a state of inordinate panic. The
fact, however, remains, that if Austria and Prussia
are determined to fight, the monetary classes in
England—that is to say, the most sensitive portion
of the community—are prepared for the present, at
all events, to look on with perfect complacency. It
is earnestly to be hoped that their trust will not be
misplaced, although it would be useless to shut
our eyes to the possibility that the war may acquire
such an extent and character that the sheer force
of events may drag us most unwillingly into the
struggle.
The first effect upon our money market of the
outbreak of war will probably not seem unfavour-
able. Its tendency will certainly be to lower the
rate of discount. The comparative stoppage of our
German trade will, in a great degree, close one of
the best avenues for the employment of capital,
and cause the supply for other purposes to appear
unusually large. As every department of com:
menu is also more or less affected by political dis-
turbances, the general demand for money will most
likely be lower than in ordinary times. Again, in
pees of war, revolution, and the like, capitalists
abroad are apt to send large suns to England
for safe custody until the temporary crisis
in their own country shall have passed away.
It is well known that on the outbreak of
the civil war in America considerable amounts were
remitted here both from North and South, to be
withdrawn again on the re-establishment of peace.
As it is impossible to judge how far the other con-
tinental nations will be eventually involved in the
struggla,commenced by the two German Powers,
this movement of capital is calculated to be on a
greater scale than usual. Not only, therefore,
will England be the repository of the accu-
mulations of the richer classes of Austria and
Prussia, but large sums will likewise in
all probability be sent from Italy, Russia,
and perhaps France. The result will be an appa-
rent superabundance of money in London, and a
consequent competition for its safe employment.
Again, there can be no doubt that English
capitalists will be disposed to exercise extreme
caution as long as the political crisisshows signs of con-
tinuance. We have more than once had occasion to
remark that low rates of discount in the market do
not conclusively show that to the great body of
traders money is easy. They often imply, espe-
cially in seasons like the present, that first-class
bills are few and in good demand, while second-
class paper is negotiated with difficulty. Setting
aside, however, this question, the apparent
tendency will doubtless be, considering all the
circumstances, to cause a decline in the
rate of interest which can hardly be checked for the
present, except by the negotiation of loans for the
purposes of the war. There appears little chance
of this contingency. Austrian credit has been so
injured by excessive expenditure and bad financial
policy, that an attemptto issue a new series of bonds
in the London market is out of the question.
Prussia stands higher in this respect, but her late
course of action in political matters, and the arbi-
trary and unconstitutional proceedings of her pre-
seat rulers, have effectually indisposed the British
public to give her any sort of assistance, even if,
commercially speaking, it could be dons with any
safety.

Although the more speculative securities in the

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