The Express.
London, England, 1858-05-01 00:00:00

THE EXPRESS, SATURDAY EVENING, MAY 1, 1858.

later than the Simla's, having left Melbourne
Feb. 17.
She brings 195 passengers and 22,000 ounces of
gold, bug no political news.
New gold fields had been discovered in New
South Wales.
Trade at Melbourne was dull.

LAW INTELLI 3ENCE.
THIS DAT.

COURT OF COMMON PLEAS.
(Sittings in Benno--Bafare Mr. Justice Crowder.)
In oonsequenoe of two of the judges being in the Court of
Criminal Appeal, this court only sat to hear modems, and
soon afterwards adjourned.

LIVERPOOL, SATV/WAT MOININU.

The Emen, which arrived at Suer on the 23rd
of April, has 122 passenger', and specie valued at
204,86-11.

ITALY.

PIEDMONT.

(710 K OITA OWS

TU&W, APRIL 27.
The reply of the Commendatore Carafe to Count
Cavour, though its purport is a negative, is oouched
in very moderate phrases, and plainly evinces •
desire not to drive matters to the extreme. I have
reason to believe that Lord Malmesbury has made
some proposal to our government in order that they
may act in concert with regard to the Neapolitan
court ; but the mode of communication he adopted,
which was by brief telegrams, has not proved
acceptable, and his lordship has been requested to
set forth in a verbal note, and in precise terms, his
ideas upon the subject. After the accident of Mr.
Erskine 's blunder,and after the English government
has betrayed so much perplexity in this affair
of the Cagliari, it appears to me that the
caution thus evinced by our own government
is not without reasonable foundation. The
true point at issue, however, was stated last Friday
'by the Daily News. If England should abandon
Piedmont, the latter must, however unwillingly,
throw herself into the arms of France.

Our parliamentary debate on the Conspiracy Bill
is now not far from its termination. To-day
began the discussion upon the third and lest article
of the proposed law, relating to the reform of the
institution of juries. But the controversy will be
abridged by a proposal which the ex-minister
Runnel intends to submit, and which will be as-
sented to by the ministry, namely, that the scheme
for the amendment of the jury system which has
been put forth by the keeper of the seals, shall be
accepted only by way of an experiment, and fur the
termof five years. This middle course is in itself not
very praiseworthy, but it is better than seeing the
Cbamber,without adequate preparation or conviction,
hurry on a reform which requires profound study,
and which concerns one of the noblest securities of
individual or political liberty. Half Wednesday's
and Thursday's sittings were taken up with the
replies which Signor Iralerio, the reporter of the
committee, had to make to the many speeches that
had been delivered in opposition to the views of the
committee, which recommended the rejection of the
bill without proceeding even to examine its articles.
The Chamber, when at length it was summoned to
decide whether the recommendation of the com-
mittee should be acceded to, resolved that the votes
should be taken in the English manner, by ayes and
noes. The result was that there were 122 votes
against the recommendation of the committee, andl
29 votes in favour of it ; from which we may draw a
very favourable inference as to the success of the bill.
Here in Turin, we have been apprehensive of the
bad impression which this bill might have made in
the other provinces of Italy; but, on the contrary,
we are now assured on all hands that throughout
the rest of Italy the dignified and prudent course of
oar government has been at once appreciated, and
the conduct of those who supported the bill with
their votes has been generally approved of. The
Romagna'', the Tuscans, the 'Venetians, and the
Lombards are all agreed in this opinion.
You will remember the frank speech of General
La Marmon the other day, and the curious fact,
which he stated, especially with regard to M.
Lamartine. The French poet's reply, which is not
a very dignified, and rather an insolent one,
having now appeared in the newspapers, Gene-
ral La Marmon has published in the Piedmowtese
Gazette some documents which are abundantly suffi-
cient to prove his assertions, the substance of which
was that the directors of the French Republic in
1848 were very little or not at all favourable to the
liberty of Italy. Amongst these documents is a long
despatch from the Marquis Brignole, which will be
read by everybody with deep interest and attention.
M. Bastide also has written to Count Gaper, as
though to exculpate himself from the charge of not
having been willing to aid Italy in 1848 ; but his
letter is a polite and friendly one. The President of
the Council has therefore returned him a polite
and friendly answer, saying that be is quite
ready to believe not only in the good in-
tentions of M. Butide towards Italy, but
also of the whole of the government of the
Republic, of which be formed a part, but that the
official documents and diplomatic correspondence un-
fortunately prove the contrary. As for Lamartine,
I know not whether you are aware of the fact that
the Italians have never had much liking for him.
When he was chargt-d'affairee at Florence he put
into Childe Harold's mouth, or rather into Byron'',
the expression " Land of the dead," as applied to
this country, in the canto upon Italy, thin falsifying
the sentiments of your great poet, who always
showed especial affection and esteem for our
peninsula. Colonel Pepe, a cousin of General Gng-
lielmo Pepe, challenged the poet to a duel, and
wounded him, though not mortally. Two years ago,
in his famous Cairo de Litterature, Lamartine did
not hesitate to declare that Dante was a semi-
barbarian, and the " Divine Commediea hod
This is a sort of blasphemy which the ietillidagnes,
however, have laughed at, and nobody has sent •
challenge to the conceited critic this time. How-
ever, all these tiffs, resentments, and repartees, ex-
changed between the Italians and the French, still
confirm what I have often observed to you—that
the wise and experienced part of our nation is a
thousand times more desirous of the friendship of
England than of France. But you know that, in
politics especially, Platonic attachments are quite
inadmissible. A.

Tai S/ICRETARYSHIP OF THE GREAT NORTHERN
HAILwAY.—At a meeting of the director*, on Tuesday Mat,
Mr. Oakley, formerly socountent, and recently sariatant-
tecretery. wee appehreed permanent secretary of thfa com-
pany, la the room of Mr. Mowett, Mr. Leith will now re-
alm the dim of goseral attparintandent.—HerapatA's
Joursd.

RAILWAY TRAFFIC.—The traffic returns of rail-
way. in the United Kingdom for the week ending April 24
amounted lo 482.6681., and for the corresponding period
of but year to 444,6641., atunring • decrease of 11.9961. The
more nosipta of the eight railways having their termini
in the as epolie amounted for the week ending as above to
178,0341. ; and he the corresponding week of lard year
to 183,6831., showing a decrees' of 6,6191. The de-
awes as the Great Western amounted to 3721.;
ca' the Lesbos sad Noth-Western, to 6,7746.;
as the Lowden, Brighton, and Bluth Comet te
8891.; and as the South Easters to 9661.; total, 8,961.
But keen this Rue be deducted 2,2341., the increase on the
Heaths Counties, 7664. on the Great Northern, 291 on the
Itleckwall. sad 3091. ow the London and South Western,
leaving the thermos, as above, 6.659/. The receipt. on the
ether Sues in the United Kingdom amounted to 2.54,6341.,
and kr the currespoadius period of 1867, to 260,9711.,
showing a decrease of 6,3371. in the receipts of them lisle;
white, added to the decrease on the metropolitan lines,
Wise the total decrease 11,9961. as compared with the
earrespondlng week of 1867.
IntuDENT DitHONlSTY.—Perhape the bitterest
bit of all Is the isergniseS booing of the criminals after the
estashophs. Ines Ow have by wholesale dishonesty
reed airy {kindles, they sewn suddenly to bereave
=lshtar men gm weir they wee. We give a case which we
pensselly knew. A rung wiether, who wan reared in the
meet atifireit is ef a brat-rate atty. Is travelling by railway
with bar wen YAW In her erns, and without an woodcut.
At a s ernes a Ise equipage drives up, a gentlemen
dope eel. se& Illtienigh ranks of well-dreseed, obesq4iew
serve" NOM ths some eardage. The lady could not gars
'Wont wwwwge wee is bee pearews. When her hoe-
bend net Yes et the tortoises a nod et recqrsteka pared
beilerage Meting the great was, and the your wthes ca-
riosity was he the end time eatisLad. Fier bsetwed=
with away ethers, &trim the dreary winter, bees
le • emir of hwearahis isdnatry by large lows la trade
and this was the =spas whim bankraptey bed tweighlt •
bin doss. Bar delissie bends wee piked to model week,
beam air lied net the means of hiring sermats ; sad the
own who derived /mot bar ewer thow_pnet her in his or-
riega, Welt • grakey pershod behind. These we the things
that gee* lie wry bunt el the ccenteeniw. Unites private •
vireos sal polio Pasties wiled wwued In putting dews
ovwgrewn dishearty, the seeendowy of the
waft wow= s.--Jfeforra, No. 1.

MONEY MARKE7-THIS DAY.

Two o'CLook

This being one of the days fixed for the striking
of the half-yearly balsnoe at the Bank of England,
the transfer offices at that establishment are
cloud. The Stock Exchange is also ;closed
according to custom. No business, consequently, is
going forward in public securities.
The 204,8641 in Australian gold, brought to Sues
by the steamer Emea, is expected to arrive at
Southampton about the 12th inst., on board the
Teviot.

The Invincible has arrived at Liverpool from
Melbourne, with 22,000 ounces of gold, worth about
88,00 W.

The last mounts from Constantinople describe
the negotiations for the proposed new -loan of five
millions as still in program, but still far from
oomplete.
On 'Change yesterday, the principal feature was an
•

unfavourabfe movement in -the rites for bills on
Paris, whence the exchange comes quoted lower.
As regards bills on Antwerp, rather lower terms
were also current. The rates on Holland and Ham-
burg were firm. The current quotations are shown
below—TM. :

Amsterdam, three months, 11.17 to 4; do.. short,
11.141 to 161 ; Rotterdam, three months, 11.17 to ;
Antwerp, three months, 25.90 to 6; Hamburg, markt
banoo, three months, 13.64 to 4 ; Pans, three days eight,
26.21 to 10; ditto, three months, 26.30 to 6; Frankrort-
on-the-Maine, three months, 1181 to 1; Petersburg, per
ro., three months, 341 to 361; Vienna, en. do., three months,
10.32 to 4 ; Trieste, do., three months, 10.33 to 6 ;
Madridisthree months, 481 to ; Cad's, those months, 401
to 1 ; horn, three months, 29.624 to 74 ; Oros, three
months, .621 to 71 ; Naples, three months, 41f to
monthelsrmo, three months, 126 to ; Msestna, Wes s,
1264 to ; Lisbon, 90 days, 611 to 4; Opceto, 90 days,
81$ to 1.
Advice, from St. Petersburg refer to an impres-
sion that the navigation will not be re-opened for
about twelve days yet.
Letters dated Taganrog, April 11, state that the
navigation has opened, and that several ships had
arrived.

The payment of 100,0001. madeday on account
of the capital of the Panjaub Railwayestery, with the
360,0001. previously paid, makes 78,0001. more than
the amount required for the execution of the con-
tract.

Messrs. Henry Vivre But and John Hackblock
have been recently added to the board of the City
Bank.

A dividend is now in course of payment on the
shares in the &reel Asphalt. Company (Claridge's
patent).
The directors of the Westminster Palace Hotel
Company(limited) announce that ",the reqnisite num-
ber of shares prescribed by the articles of association
having been subscribed for, and the deposit paid
thereon," sealed certificates of shares will be ex-
changed for the bankers' receipts on the Bth of May.

The return of the Bank of England for the week
ending Wednesday, April 28, compared with the
previous weekly return, shows the following results:
Circulation issue
Circulation active 20,413,605 Decrease 104,426
Public deposits
Other deposits
Government secaritke in

bink►inardecTietri 9,886,481 Increase 15,628
Other mouri in banldng
department 16,466,430 Decrease 69,660
Coin and bullion in both

departments
Seven day and °dam bills 864,347 Decrease 11,111
The Rest
Notes in reserve 11,920,436 balsas 166,060
Total reserve (notes 6: coin)
hi banking department 12,736,145 Increase 194,792
These changes are not of great importance. The
addition of half-million to the government deposits
is to a considerable extent neutralised by the de-
crease of 360,3391. in the" other" deposits ; and, as
the movement under the bead of securities embraces
only small totale, the addition to the reserve of notes
and coin does not exceed 194,7921. The increase in
the coin and bullion is small • but the aggregate
stock held is extraordinarily large.
The Gamete statement of the movement of the
precious metals for the week ending Wednesday
last gives the following totals, via.:—lmports of
gold, 186,1941.; exports of gold, 393,6001.; imports of
silver, 26,3311.; exports of silver, 74,7961. The gold
' exported was not drawn from the Beak, but con-
sisted of former imports.
HARR OF ENOLAND.—An sea Is ths Ad TO lad
Stas Vic.. e. 32. foe the wet iodine W AIN IS, LK

reol wJ

P..? We.

Nola load a.AtlciT

512.334.040

ProgettieW Onatil....;;;;Z:oo.
... . 1,171,01
Mile I/work Nulled.
Pal
NM, mad
s*. Ply. Lau. 3.111'.637.648
Igo
lbst Dap . 16.
O Ism *braid seat 1/6
/31./47.051
April 29.1111.

-(1.;;—.6.1aDat4 =Amos
Odor dosadOom MOAB
Gold Oaks sod bilks 17.869,010

426.334040
7•lllTWirt.
Goverment !tempts
MAIM- Den Weent

Am_
()Um =ammo 16.451643/
Noise 11"AI
Oold YO Elver Oda 116.710

LI/8.077.0N
MANIZILLL. Chief Mahler.

FRIDAY EYZNING.
An unfavourable reaction has taken place in the
funds, owing exclusively to political considerations,
to which the market is the more sensitive after the
late rise. Flatness prevailed throughout the day,
and the closing quotations were Ito per cent.
below those of yesterday. Ministerial difficulties
always exercise a disturbing influence in commer-
cial and financial circles. Whether a cabinet be a
good, bad, or indifferent one, its embarrassments will
affect the funds. The turn recently given to the
debates on the India Bill question is considered to
again portend immediate peril to Lord Derby's
government, and this impression has been
strengthened by the summoning of the Tory party
to meet his lordship this day. The political
game is watched with the more earnestness by the
commercial world because of an apprehension that
the government, if placed in a minority, might have
recourse to a dissolution of parliament. Such a
course is earnestly deprecated by the commercial
clawed as calculated to seriously aggravate for an
indefinite period tke existing dulness of trade
throughout the country.
Amongst the considerations which also operated

as a check to the late buoyancy in the stock Markets,
the occurrence of • holiday in the Stock Exchange
to-morrow may perhaps have had some influence,
for many of the speculators and dealers are indis-
posed to hold their accounts open from the Friday
until the Monday. A sudden increase in the de-
mand for money also induced dulness. During the
last day or two, loans on government securities have
been offered in the Stock Exchange at 1 to 1/ per
cent ; to-day some considerable sums were with-
drawn from the establishment, and the terms rose to
2to 21 per cent. In all other quarters—except at
the Bank, where the applications were still upon a
moderate scale--ea active demand was experienced,
the rates of discount for first-class bills being 21 to
2j per cent. The demand is believed to be tempo-
rary, and was assisted by the payments consequent
upon the fortnightly Stock Exchange settlement in
shares and foreign stocks, which was completed today.
Preparations are also in progress to meet the oblige_
tions maturing next week, which include a large
&meet of paper in the India trade, in addition to
the ordinary requirements of the 4th of tie month
(Tuesday next). It is believed that emu persons
deferred supplying themselves until this day, in the
hope that the Bank rate would be lowered to 2/ per
tent. Added to this, a sum of 100,00 W. was paid
to-day into the East India Cosipany's treasury on
mount of the capital of the Pudic& Railway; and
the third instalment of 25 per cent. fell doe to-day
on the new bonds of the Victor Emmanuel Railway
Company.

Boca edemand for money was also experienced in
connexion with a withdrawal from the Bank of