The Express.
London, England, 1868-03-16 00:00:00

TRADE AND FIKANCI.

The Daily News discovers in the operations of the
money market that there are just now signs, if not of re-
covery from the extreme depression of the pest two years,
yet of impatience of the continued unfruitfulness of
money. If, however, the enormous losses which the
British public has incurred through its too easy confidence
in foreign governments are not to be repeated, it is desir-
able that the inquiries which preeede investment should
take a wider range than they have hitherto alone.
Great mistakes have been made from which •
little political knowledge would have saved those who
have suffered by them. During the last 20 years conti-
nental governments have borrowed money to amounts out
of all proportion to their resources, and for purposes and
objects which it is notorious have not contributed to the
good of the nation, and whit& have since been renounced.
But these governments are at length compelled to face
their difficulties. Some countries like Russia, ►nd some
companies like the Brighton Railway Company, however,
always paid their dividends until their resources came to
en end ; and it is to this point that the lender
must look if he would have the satisfaction
of not having acted imprudently. The punctuality
of reckless governments is of no value as a pledge of the
future ; their oollapse is only a question of years. Proxi-
mate and effective resources which are sufficient for the
burden they have to bear should stand first in the con-
sideration of the foreign lender.

A retiring pension of 6,400 fr. has been settled
by the French government upon Millie. Augustine Brehm,
of the Corneae Francais., as a reward for 27 yeah' conse-
cutive services at the Theatre Francais.

One of the results of the new kw on the press
will be the apposition of thirty-six new political papers in
the provinces and three or fear in Paris.

TEE BISHOP OP Wntatisrez.—During the peat
week the health Cl hie lordship has decidedly improved,
and no unfavourable symptoms have occurred.

Following the preliminary conference of working
men bold on the 14th of last month, under the presidency
of the Earl of Lichfield (reported at the time), a general
conference of the urns class of the :immunity wee held on
Saturday last at the moms of the Society of Arts, at
which the same noble lord took the chair.. The object of
the conference was to elicit the opinions of the artisans,
and to enable them to confer with representative men of
other glum u to the extent to which the technical
education of British workmen in various branches of in-
dustry is defective, and the means of remedying de.
facto; and also as to how the cost of pro efficient
industrial education should be met. Amongst e gentle-
men who were present at the commencement of the eon-
forum were the Right. Hon. W. F. Cowper, 111. P., Lord
Charles Bused, Mr. Ward ALP., Mr. T. Gray, of the
Board of Trade, Mr. Seminal; Hoare, Ur. Hodgson Pratt,
Hr. J. Heselton, Kr. T. Paterson, the hon. secretary, de.,
A gentleman earned Leach, of Alexandria, has
forwarded to the Nesenm of the Hartley Institution some
specimens of arrows used by Abyssinian warriors. They
me above three fuel:mg. The sticks are made of vine
branches and other tough woods. The heads are of iron.
Some of the heeds are of the ordinary lance shape—others
are shaped like a flattened fish's head, and are barbed.
One of thetas& to an ugly weapon consisting of :n=
iron spike about six inches long with a twisted serrated
nig" Some of the head" am ingested into tie etieb :
ethers are fastened very securely with a cord nude of the
akin of somas animal, which is twisted round the stick
when wet. Yr. Leash writes word that the Abyssinian
spear is eve feet six inches long, and fus a formidabhrlook-
_ _ _

-
A women of the wolf fish was caught oft
the Isis of Wight twit week. The wolf Bah is • straw
and verseiees and pugnacious mature. It Ilia a hideous
eel swims wits great rapidity. Is is gag ge
ElgirCe'llgg law in the swath et OW Mikis Mica& It
is ales easslt la the German Ostia.