The Express.
London, England, 1861-01-28 00:00:00

THE EXPRESS, MONDAY EVENING, JANUARY 28, left.

and Eastern markets, and the condition of the
money market, a check has been given to trade.
Public attention is directed to the collapse of a
large number of homes, principally Greek, in the
Levant trade. The failures within the last few
days have been very numerous. To say that fur-
ther embarrassments are looked for in the same
quarter is merely to echo the feeling in com-
mercial circles, and the remark therefore cannot
be considered invidious. There is no doubt what-
'
ever that a number of firms in this department of
business have embarked in engagements to an extent
out of proportion to their capital. The existing em-
barraniments furnish, consequently, a fresh warning
which it may be well for the commercial public to
digest. They show that when the practice of relying
' upon paper credit takes too firma hold of any branch
of trade, there is a worm at the root of its apPo-
' rent prosperity. Its operations may be based
upon shrewd calculations ; its profits may be large
and legitimate ; but a mere accident may affect the
pillar of credit upon which the entire superstruc-
ture reposes, and its collapse becomes then certain.
The present distrust of all Greek paper is scarcely
justified by the statements of accounts put forward
on behalf of sonic of the houses that have lately
stopped. It is to be observed, too, in mere fair-
ness, that the financial and other establishments

which have transactions with Greek houses speak
highly of their business-like and straightforward
conduct. This u a subject which it would perhaps
be hardly judicious to pursue further in the pre-
sent disturbed state of the public mind, yet which
cannot be altogether ignored in any record profess-
ing to deal with prominent commercial topics.

Mit Court.

WINDSOR CASTLE, JAW. 26.

The royal Ilinner party yesterday included the
Duchess of Cambridge, the Princess Alice, Prioress Mary el
Cambridge, the Heights Minister, M. Van de Weyer, Lady
Geraldioe Somerset, Lori Waterpark, the Dean of Windsor,
Captain Patsy l'u•t, awl Major Elphinstone, R. E.
The band of the Scots Fusilier Guarda played during
dinner.

Her Majesty's private band afterwards performed in the
drawing•raom.

The Queen with Princess Alice drove out in an open car-
riage and four this morning, attended by Lady Macdonald
and Lard Alfred Paget.
no Prime Consort went oat shooting, attended by Lord
Evora, Colonel the lion. Sir C. Phipps, and Colonel Pun-
sesby.

Tie Duchess of Cambridge and Princess Mary took leave
at ►ass Majesty, and left Windsor for Kew, attended by
Lady Geraldine Somerset and Captain l'urey Cut. Lord
Watiwpark also quitted the Cartle.

11ns was so addition to the royal dinner party.
BeNo.tt, J AN. 27.

Divine 'orrice was performed this morningin the private
chapel of the Castle. There were present the Queen and
Prince Consort, the Prisms Alice, Prince Arthur, Printer
Helena, Prism= lacks, and Prince Leopold, the Ladies
sad Wetloess of the Coed, sod the domestic household.
Ms How and Very Row. this Dena of Windsor officiated,
and administered the Holy Sacrament.
Woad the Hon t Ni Hood has succeeded Lord Alfred
Paget as Equerry in Waiting to her IlLsjesty.

A Cabinet Council was held on Saturday at
the official residence of Viscount Palmerston in
Do t. The ministers present were Vis-
count Palmerston, the Lord Chancellor, Earl
Granville, the Duke of Aral!, Sir G. Cornwall
Lewis, Lord John Russell, the Duke of Newcastle,
Lord Herbert, Sir Charles Wood, the Chancellor
of the Exchequer, the Doke of Somerset, the
Right Hon. T. Milner Gibson, Lord Stanley of
Alderley, the Right Hon. C. P. Villiers, Sir George
Grey, and the Right Hon. Edward Cardwell.

The inribies of the laternstional Exkibitioe of 1862 met
at the Ossareolice en Satinilay. hewed : Feel Ursa.
vine. Mr. C. W. Dna, and Mr. Thom. Fakiwini.
Mr. Joke Emirs and Mr. O..rp Mater bed as inter-
view on Saturday with Lard Jahn R.awO, as rho rob*V.
et the intim levied on the export al rep from the Cot.
time&

IleaMtebea wen Teethed at the Ooloaialotlke on Baur.
day lain the Gomm et ts Cape of Good Hope, Natal,
and lid Helena. Deapatelise were sent to the Governors
of the North Amorican Provisoes, Bermuda, Australian
Osioniee, Ceylon, Haag Zan& labaam Mauritius, Malta,
and Gibraltar.

His Excellency the Austrian Ambassador and
tke Omantem Appenyi will leave town ternorrow on a visit
to Sir Anthony tad lady Rothschild, is Buckinghamshire.
The Duke and Duchess of Manchester will enter-
taia a aelmteirde at Kinaboltes Castle, Hants, dunug the
week. The dab mid decline are expected to coon to tows
owl, in tie amiss weak.

The Duke et Argyll left town after the Cabinet
°wawa ea Ihkearday to icia the &wheel sad gamily circle
do*. with the Doane of Satherland at Treutham.

11Carebiooess of Ely will leave town to-mor-
row ter Whim Omaha to take her tura aa lady-in-waitiag
M bar Naltaby.

The Ear! and Countess Spencer entertained the
following party at Althorp Park last week :—Tbe Countess
of Whoa wad lodp Openta MoVieux, the Earl aacrCouagess
of Lola:kW Countess Dowager Spenser ad Lady Sarah
Ilpraiestr. Lard ad lady Charles Braes, Hoe. Gerald and
Lady Maria ad Mies B. Ponsoaby, Mr. sad Mrs. John
LA* the Marquis of Hartington, the Earl Jerilyn, the
Karl of LiAowel, Mr. Knightly, Mr. Joke Lumley, Mr.
Fdasead Mildmay, Hoe. Spencer Lytteltoa, Mr. Henry
GrevMs, Lady Augusta Seymour and Miss Seymour,
Captain T. Seymour, kc. Os Wednesday the countess
pre a eseaty ball.
The Earl and Countess of Dutton hare left town
for Wskaleld Lodge, Stony Stratford.

The Lord Chief Justice, Sir Alexander Cock-
bare, has during the put week been compelled to absent
himself haus the Court of Queen's Bench by indisposition.
We me plod to And that his lordship is now convalescent
aad will probably resume his judicial functions in his court
today, or to-momm.

Tits Ailtlrimi in the House of Commons, in reply
to the Spaeth from the Throes, to be moved by Sir E.
Oakbrook,, will be seconded by Mr. Charles Paget, M.P.
Is, Nottingham

The Tiipsrary Free Press says :—" It is reported
that the Let of Doeougbasore, decanted at the breach of
faith einemitted by the government towanhi his regiment,
his resigned the lieutenaut-coloneley of the Tipperary Ar-
tillery. We believe th► report is premature, but the noble
earl, in his place in the House of Lords, intends, on the lint
opportunity after the series shall have opened, to sunk* a
therciegii expos" of the entire transaction, which will be
looked for with great anxiety, not merely in this county,
bat is linked, where red•tapeism is not in the best pm-
ibis *doer.•

At the meeting of members of the Royal Insti-
tution. ce Friday evening, a lecture waa delivered by Dr.
C. C. Wsßich, "On the nature of the deep.sea bed, sad
the preemies of animal life at vast depths in the ocean."
Dr. Welch aonsuipasied the expedition last wormer in
her Majesty's ship Bulldog to escertais the depth of the
Northern AUstatic Ocean, preparatory to the laying down
of the cable for the North Atlantic Telegraph, and the
soundings made on that wad= have led to the din-
' messy of living creatures at depths below the surface
far greater than it was supposed =bud life could be
supported.

The rectory of St. Mary-le-Strand, London, has
become vacant by the death of the Rev. Joshua Frederick
Denham, M.A. The benefice, which is worth 3151. a year,
is in the gift of the Lord Owletllor. Mr. Denham w►s a
fellow of the Royal Society, and the author of many educa-
tional works.

The office of Lord Cleric Register of Sootland,
vacant by the death of the Marquis of Dalhoune, hem been
abolished.

Tins DEAN OF ST. PAI:L'A.—We regret to hear
that the Rev. Dr. Imam Ikea of St. Paul's, has been suf-
fering from severe molt•iweitioo during the last few dave.
Chs inquiry lent eveniog et the Deanery we were gratified to
her. that the Rev. gentleman was much better than on the
eliklnvi6uslt BaSjAMIN BRODIE. —nix diAtillgtliAlled cur-
ious (we lean from the AfedirnlTill4l4 amd Ga:ettr) eider.
went the 41504.6,ra for extmetion of cataract from the right
eye oil Moodily last. Favourable reports were giver) of the
program of Su Benjamin up to Batarlay afternoon.