The Express.
London, England, 1866-08-27 00:00:00

THE EXPRESS. MONDAY „yENINTG, AUGUST :24 1666.

debt, but find it no easy matter to carry it out.
Hitherto they have had but indifferent success,
and the reasons are suffiaisAir obvious. The same
inducements that cause a banker to prefer holding
Exchequer bills to Grids apply equally to de-
bentures and debentier• "tads. In either am
the floating securiti mut be repaid at
a definite period, and the holder is therefore sure
of obtaining his capital in full. If, however, lie
hold stock, it must in time of need be sold at the
market price of the day, which is almost certain
to involve a loss, since the realization would only
require to be made at a time when there was an
undue pressure for money. Again, the companies
are unable to offer any peculiar advantages for the
conversion of bonds into stock. They cannot
afford to guarantee more, or little more, than 4 per
cent. without making a serious inroad in their
general revenue. Hence the experiment for the
present has necessarily failed. It does not, how-
ever, by any means follow that it cannot be re-
newed with success. According to present indi-
cations, we appear to be approaching a period
when the Bank rate was kept for two
years at 3 per cent. If, therefore, a cer-
tain return of 4 or 44 per cent. can be gua-
ranteed for a term of years in place of the chance
of renewal at 3 per cent. it may reasonably be
inferred that the plan of conversion will be more
largely adopted. Supposing that this should be
the result both the companies and the money
market will be benefited, the former by substi-
tuting a fixed for a fluctuating charge, and the
latter by the removal of one source of occasional
disturbance.

OUR CONTEMPORARIES.
(THIS DAY.)

Irk, Court.

BALMORAL, Awes? 26.
The Queen, accompanied by Primmer Louie.,
Admen Beata*, and Priam Leopold, sod attended by
Lady Chardoll, the Hem Redly Catheirt, Sir Thomas
Biddelph, Lerd Charles Meow, Dr. Jenner, Mr. Bahl.
and Mr. Legg, arrived at Balmoral yesterday afternoon at
three o'clock.

The Prince and Princess of Wales and the Duke of
Edinburgh vieited her Majesty.
The Duke of Edinburgh, attended by the Hon. E.
Yorke, remains at Balmoral.

A committee of the Lords of her Majesty's most honour-
able Privy Council met on Saturday, at the Privy Council.
office, Whitehall, on matters relating to the cholera. The
lords present were the Lord President, the Right Hon. S.
H. Walpole, and the Right Hon. H. T. L. Corry. Mr.
Helps attended the committee.

Despatches were received on Saturday at the Colonial-
office from the Governors of Ceylon, Hong Kong, Lubuan,
the Australian colonies, Malta, and Gibraltar.

LATEST INTELLIGENCE.
PRUSSIA AND THE SOUTH GERXAN
STATES.
The Berlin correspondent oKee Temps 'elites as
Mows from Berlin, under date of August 23 :

I have obtained to-day, from a perfectly 441 a warm
further news respecting the negotiations with the States
of the South, which have just been brought to an end.
This news is in oent►sdietiot with what has gone forth
already, but I can guarantee its entire correctness. I have
then to inform you that it was Herr von Bismarck who
struggled with the King in obtaining for Hesse, and espe-
oially for Bavaria, comparatively milder conditions. His
Majesty resisted for a long time and held absolutely to the
annexation of Bayruth, Kissengen, to. Von Bismarck at
length persuaded his Majesty of the advantage which
would accrue from pursuing a moderate course, and his
Majesty yielded. Herr von der Pfordten and his oolisegam
were much affected by the conduct of Count Bismarck,
and on taking their final leave of him were moved even to
tears.

The following is the substance of the speech of
Herr Jacoby, in opposition to the address of the
Prussian Chamber of Deputies :
Dr. Jacoby said that the draft el the address exalted
the army, and it hoped that out of it would
come a united Germany. He was also rejoiced
at the mimeos of the army. But he could not join
in the song of triumph which was chanted by the Govern-
meat party. The popular party bad no reason or motive
for doing so—no reason, for the war was undertaken
without their assent—no motive, for it was not the
people, but the power of the Crown that would derive
advantage from the results.' For twenty-five years
he had been struggling for the rights of the people ; he
was still true to the same cause, and all he could say was
that the war undertaken against Germans with the assis-
tance of a foreign ally was not made for the honour of
the Prussian people, nor for the advantage of the
German people. History will one day tell whether
the meeting at Biarritz has been more creditable than that
of °bouts. The exclusion of Austria from Germany and
the union of the other two-thirds of the Confederation to
Prussia is more remote from German unity than even the
old Diet. Other people may arrive at unity by force ;
but the German people have for a thousand years resisted
all attempts of this kind. Unity without liberty is a unity
of slavev which is perfectly worthless. The assertion of
Herr von Bismarck that it isof importance to strengthen the
power of the Prussian dynasty may be very well from an
exclusively Prussian point of view, bat not from a Ger-
man point of view. If the present system in Prussia is to
continue, the unity of Germany would be, as compared
with the old division, what death is as compared
with disease. With regard to the bill of indemnity
the representations of the people may grant an indemnity
for some isolated acts, but not for a system which
has been carried out for years, especially when the
mainstay of that system continues to sit in the
Council of the Crown. The eternal principles of right and
liberty are those alone on which the prosperity of nations
depends, and the national flag should never be raised except
in the service of right and liberty.

(REUTER'S TILKORAMS.)
FRANCE AND SPAIN.
PARIS, Auouar 27.

Yesterday, at St. Cloud, the Emperor received
Senor Mon, who presented his credentials as
Spanish Ambassador to the French court.
Replying to a speech from Senor Mon, the Em-
peror expressed his deep sympathy for the Spanish
nation, and his sincere friendship for Queen Isa-
bella.

THE DANUBIAN PRINCIPALITIES.
BUCHAREBT, Atousr 26.

Prince Charles is on his journey through Mol-
davia, and has everywhere been received with
enthusiasm. In several of the towns through
which he has passed thousands of the rural popula-
tion had assembled from the neighbouring districts
in order to welcome their new Hospodar.
Prince Charles will arrive at Jassy on Tuesday
next.

AMERICA.
(CT ATLANTIC =MILANI.)

NEW YORK, AUGUST 24, EVENING.

Gold, 148 i. Exchange on London, 157. 5-20
United States Bonds, not Cotton : Middling
Upland, 34c.

EXPRESS FROM PARIS.

(raw( oust owx ooasseromour.)
PARIS, SUNDAY EVINING.

The Mimoriai Diplomatique has its usual weekly
budget of news, which I only quote with the usual
distrust, justified by pretty constant experience.
The only result which this Mexican organ thinks
itself warranted in stating of the interviews between
the Empress Charlotte and the Emperor Napoleon
is that her Majesty has sent a courier to Mexico
with a letter for her husband, and that she has
gone to Miramar to wait for his answer. She con-
templates another visit to Paris after the Emperor
and Empress return from Biarritz about the end
of October, by which time I presume Maximilian's
answer will have come to hand.

Another piece of news from the same source is
that Prince Metternich will not resign his post as
ambassador at Paris " unless recalled by his apos-
tolic Majesty." This looks to me very like a nega-
tive pregnant. I believe it was never supposed by
anybody that Prince Metternich wished to leave
Paris ; the news of his approaching departure was
founded in the belief that his government was dis-
satisfied with him. But far more important, if
true, is the intelligence,which the Mbrioria/ affirms
it has from a "source so certain as not to
admit of a shadow of doubt," that Cardinal
Antonelli, in obedience to instructions from the
sovereign pontiff, has recently informed Count de
Sartiges of his Holiness's desire now to accomplish,
so far as circumstances will admit, the various re-
form, at different times suggested by France, and
that Count de Sartiges has been requested to dis-
cuss the subject with his government in order that
the latter may aid the court of Rome by its advice
and suggestions. If this is the truth I am pretty
certain it is not the truth.

The first volume of a " General History of Paris,"
compiled under the direction of M. Hauasmann,
and with a preface written by himself, has just been
published. The following letter to the Prefect
of the Seine conveys the Emperor's approbation of
the idea of the work :

Palace of Compiegne, Deo. 16, 1865.

My dear M. Hausmann,—l entirely approve the happy
idea you have conceived of bringing out a general history
of Paris. This collection of monographs, plans, and
authentic documents, to which additions must necessarily
be made every day, will enable the reader to follow through
the course of centuries the transformations of the city
which, thanks to the intelligent labours of in municipal
council and your indefatigable activity, has become the
most splendid and the most salubrious of all tie capitals
of Europe. Receive then my congratulations, my dear
X. Heinemann, and believe in my friendly sentiments.
NAroixoN.

The head clerk and cashier of M. B—, an
agent de change, have been arrested on a charge of
having in concert together for the last air years
habitually embezrled their employer's property.
The totality of the sums abstracted is said to
amount to 700,000 fr., every franc of which has been
lost in Bourse speculations.
The Western Railway Company have just fitted
up their first-class carriages with a long talked-of
apparatus, enabling the passengers, in case of
extreme need, to communicate with the driver of
the train. A series of small double windows

enables people to see into every carriage and
Duvall the carriages to the engine. If signs
made through these glasses fail to attract attention
it is penniasible, according to instructions printed
in French, English, and German, to break a pane
and pull a ring which will sound an alarm bell.
Warning is given that any person stopping the
train without sufficient cause will be liable to
prosecution for s misdemeanour.
The Vaudeville Theatre, in the Place de laßourse,
is positively to be pulled down ; and the city of
Paris has made a contract with M. Harmant, the
manager, to build a new one at the corner of the
Chauseee d'Antin, near the new Opera.
During the performance of the Africaine at the
Opera on Thursday evening the audience was much
amused by a bat, which, after flying all over the
house from the lustre to the boxes, took to the
stage just as Naudin and Mdlle. Sass were singing
the grand duet between Viuico di Gams and &like.
The performers could not help watching the creature
which was continually flitting before their eyes,
and were so nervous that they repeatedly missed
their notes. The conductor of the orchestra called
out, " Twenty francs reward for catching the bat."
One of the chorus who happened to be preparing a
fishing-rod for scenic purposes baited the hook
with an insect, and it is said caught the bat in this
way.
_ _

If the vexed question now pending before the
Court of Cessation whether a citizen can maintain
an action fora libel on the memory of any of his
ancestors, however remote, shall ultimately be de-
cided in the affirmative, the heir-at-law of
Rabelais will have a strong case against
the Lyons journals, which have raked up
from among the municipal archives the following
story to his discredit 1534 the great wit who
afterwards became the curd of Hendon was surgeon-
in-chief to the Lyons Hospital. An epidemic broke
out, and he suddenly disappeared. A meeting of
governors was held to consider what was to be
done in this emergency, and a motion was made
Ithat the place should be deemed vacant and filled
up. However, an echevin, one Pierre Durand,
prayed a respite till after Easter, as he had
"heard say" that Dr. Rabelais was at Grenoble,
and he might come back. The proposition was
acceded to ; but when Easter came and no Rabe-
lais, the governors resolved—" That Dr. Pierre de
Castel be appointed physician to the great hospital
on the Rhone bridge, in the place and stead of
Master Francis Rabellays, who has twice absented
himself from the town and hospital without leave."

Extras& I
Igi r.. 1 W. It 1. ,---,...--.... W. lIL ISea. to
12 1.1 D. It
,
Nairn
Aberdeen .29.53 61 8. 5 1 1 8 &E. be —i 2
Leith
Ara:vegan._ 59.58 110 8. 4 6 S.W. rb 1080. 4
Greencastle 51,59.68 W. 2 5 8. ro 0.44; 1
Valentia 29.77,00 B.W. 2 8 B.&W. ro 0.40 4
Liver1.....29.76 631 8.8. W. S 4 8. c— I 2
Flolyil —129.7000 8.8. W. 4 6 B.&W. oe .0.19 4
Penzance 29.93 62 W. 5 6 8.8. W. mob 9.63 4
Brest .. :30.00 63' W. 11 . 6 S.W. mfc —i 4
Lorient ,29. 96 64' W. 31 2 &IL fc I— 12
Rochefort.. ;30.01 68 W.N.W. 4 2 E. to '0.28 2
Plymouth . 212%493 a B.&W. 8 6 B.&W. ob 0.48 S
We outh
P th 129.91 64. W.B.W. 4. 3 8.11. W. c'— 1 3
London
_ 25.811 64 B.W. 2' 1 B. ,rbo 0.01 -
Yarmouth 29.8364 W.S.W. 4 1 8.8. E. 'bo —, 2
'Scarborough. 29.7 e 63 B.W. I 2 2 8.9. W. c 0.03 2
Shields 20.7163 B.W. '6 i 2 W.N.W. c 2
Helder

RICIIARI

The easterly current of w'nd has

disappeared, and hay

been succeeded by southerly and westerly.nindi over the British
Isles and seas adjacent. The fall of rain has been large un our
northwest coasts, and the weather continues unsettled. Bari
metric pressure has decreased very considerably in the north.
Temperatures continue high, with but little evaporation.

It was generally reported in Dublin on Saturday
(says the Liverpool Albion) that a Queen's counsel, who
was in great practice, had absconded, and that a series. of
forgeries, amounting to 20,0001., is attributed to him.
TRADE MAEKS.—The general 11013110 of what is
due alike to the public and the interests of commerce
causes the Trade Marks Act to be enforced in nearly all
places with wholesome severity. According to the recent
advicc-s from India, the police in June last entered the
premises of • printer in Calcutta and seized a large quantity
of forged labels of several English manufacturers, among
which were those of Allsopp and Sons, Lea and Perrin, P.
and J. Arnold, Day and Martin, and Crosse and Blackwell.
The latter firm ininiediately commenced a mammal( n
under the Trade Marks Acts (India), section 485 of the
Penal Code, which resulted in the conviction of the
offender, and his being sentenced to two years' rigorous
imprisonment. A similar punishment was awarded to a
native by whom some of the spurious goods upon which the
forged labels were placed had sold.—Times.
INFORMAL BURIAL CERTIFICATES.—On Saturday
Dr. Lankester held an inquest at the Lord Chancellor,
NortMstreet, Edgware-wad on Mary Abbott, three years
old. The father stated that three weeks ago the deceased
scalded herself by taking a cup of hot water from the
table, and he took her to St. Mary's Hospital, where she
got worse. He then brought her home, where she died on
Saturday (18th inst). The deceased was to have been
buried on the previous day, but the coroner's officer
I stopped the funeral. Dr. Kirby attributed the death
to scalding by hot water. The coroner said that this
was a peculiar case, and it showed that there was
great circumspection wanted with regard to certificates of
burial. The child, as shown by the evidence, died from
A scald. According to a certificate, signed by Dr. Griffith,
St. Mary's Hospital, it died from burns. That was
a mistake. The certificate fur burial was signed b Mr.
Garaford, the registrar, but where a death oe from
an accident notice ought to have been given to the ooroner.
The only intimation of this accident he had was from the
daily returns of the deaths issued by the Registrar.
General, and he felt it to be his duty at once to stop
the funeral and institute an inquiry. lie had reason to
believe that many of these accidental deaths were con-
cealed from coroners, and he was strengthened in this
belief by the fact that on the previous day he held an
inquest under almost precisely the same circumstances as
the present. Verdict, "Accidental death," the jury adding
that in their opinion the coroner's protest against burials
taking place without an inquiry were justlded by the facts
of the case.

A V Taapiratteas COMMITTED FOR ARBOR AND
Faaurf.—On Saturday last a singular case of alleged
anon, with a view to fraud, was heard by the Cheshire
county magistrates, at Birkenhead. A bootmaker, George
Ennedles, who has shops in L' 1, and Egremont on the
other side of the Mersey, was •ged, with his eminent
or foreman, John Trainer, with having set fire to the shop
at Egremont, on the 14th of July, intending thereby to
defraud the Royal Insurance Company, tad the Liverpool,
London, and Globe Insurance Company. Evidence was
given to prove that the stock in the shop in May and July
last was worth not more than 2001. ; that in May Smedles
to the Royal to insure his stock sad fixtures for
Eo7,.land that they declined, bat afterwards did insure him
for 3001. ; and that about the same time he insured in the
Liverpool, London, and Globe office for 7001. It was further
shown that on the 14th of July Smedles had the fealiOt
of the shop closed ; that half-an-hour before the Are the
two prisoners left the shop in company; and that after
the fire he claimed 1,0071. el the two otiose. This claim
had given rise to suspicion, and at the instance of the
co es the pollee made an investigation which resulted
in the discovery that a pile d band stases, a quality
of resin (some of it wrapped in newspapers dated the day
of the fire), and other inflammable materials, had been so
placed in the shop as to promote the spread of the Ike. The
prisoners were east for trial at the nett Cheshire assizes,
lint liberated on bail ; each in 4001. himself, and two alma
ties in 2001.