Northern Times.
Liverpool, Merseyside, England, 1859-09-02 00:00:00

aggravated the crisis

by the

New York Herold, that in 1857
sixty-nine millions of dollars were exported

from the United States into Europe, in specie,
the measure of the excess of their imports, which,

to quote their own words," created a depreciation
" in property, probably of five hundred millions,
"and certainly caused the failure of about five
" thousand firms, owing about three hundred
" millions, of which, probably, one hundred and
fifty millions was never collected by the ere-
" ditors." If warnings have not lost their
efficacy, surely the announcement of such facts
as these, resting, as they do, on the authority Of
a leading newspaper of the United States, should
teach the mercantile community a lesson of

caution

_-~-

NOTES OF THE DAY,

The French Emperor is now trying some very liberal
'experiments with the Press. It is said that he intends
not only to relax the present restrictions imposed upon
it, but to leave it comparatively free,—not so . free,
howeVer, we may opine, as to enable its conductors to
• say anything displeasing-to " the powers that bi,"
that may in any way expose their despotic d
whenever those "powers" may conceive, or seek to give
effect to them. The fact is, that the liberty of the
Press;—anything, that is, which may deserve to be con-
sidered such,—is quite incompatible with those absolute
And despotic principles on which the Government of
France is now conducted. If the French Press is to be
free, French Institutions must be free also. And this,
,Iwe repeat, cannot possibly be the case upon the present
Ystem of governance in that Empire.
The Conference at Zurich drags its slow length along,
but still -without any apparent results. It is unre-
*vvedly stated, indeed, in quarters likely to be rightly
informed on the subject, that no result of any moment
has yet.been arrived at by the Plenipotentiaries. They
have discussed a great many trivial questions respecting
'the "right and title"- to be acknowledged, on the assump-
tion of the Crown of Lombardy by the King of ,Sar-
uia ; • but if any question of more vital Moment has
been yet entered upon, it is not believed that any deci-
Sion upon it has been conic to. This would seem to
confirm a prevalent idea that, after a11,.a European Con-
gress will have to settle the fundamental points of any
arrangement that may have to be carried out.
The autograph letters of the Duke of Modena to his
Minister of Foreign Affairs, which are said to have
been found in the Archives after his expulsion from his
FDuchy, speaking, as they do, so- contemptuously of the
Preuell Emperor—stigmatizing him, not only as the
self-styled Emperor," but as " that Brigand,"—are
not calculated to smoothe down the difficulties
in the way of his Highness's restoration. In the pre-
sent circumstances of Italy the feeling of Louis Napo-
l'e°ll: must be a matter of the first importance to the
settlement of the ,Thichies; and the dethroned 'Dukes
must of necessity owe much, 'if not everything, to his
Majesty's influence, if they are to recover their thrones.
The discovery of these letters, and, above all, their
publication at the present juncture, has been exceedingly
malapropos.

,esiglis,

The daily annals of crime still abound with frightful
outrages. It is a remarkable feature of the case at the
pr sent day, that so great a proportion of the offences
that are being committed are those involving personal
injuries, if not a positive sacrifice of life. It is any-
thing but creditable to England that this should be so.
The English character —of 1.„,i • -

in certain walks of

_ _ .• . occaultug moat seriously deteriorated.
Englishmen used to be content, if they had their quar-
rels to settle by any violent means at all, to let it be a fair
stand-up fight ; but now they have so much degenerated
as, if not to seek each other's lives, certainly to endea-
vour to infliet.- upon each other the greatest personal
injury in their pOIVer, respectively. Our national cha-
racter, therefore, is becoming degraded by such inhuman
and dastardly pinetices. It may all, however,' be traced
to the same mt- -- . •

" in

)1• Society, wi
y probed, if

g out th.

A. CONSERVATIVE GATHERING.. IN

DEVONSHIRE.

Both the members for the southern _division recom-
mended that, as soon as the next session commenced,
the Ministry should be turned out by a vote of confi-
dence. The Ministry, they said, existed on sufferance,
and was supported only by a minority of the people, as
every fresh election testified.

THE LATE OUTBREAK ON BOARD THE
MARLBOROUGH. •

A court-martial has"been held at Malta.on four ring
'leaders in the late outbreak on board 11.m.5. Marl-
boro'lgh. These four seem to have. ben picked out
from some three or four hundred and identified chiefly
by their Voices, as the decks wcr in dirknoss, from

the closing of the perts. The charge was held not to
be made out to the extent expected, and,three,were con-
demned to receive fifty lashes each and two year
prisonrnent for mutinous conduct, and'the foal
year's imprisonment

th to one

. •
The 84th Regiment, which will land at Gravesend
this morning from India, is to proceed to Sheffield.
~
The Battalions at Great Yarmouth have. been .Coth-
pletely restored, and six guns of heavy metal have 'been
mounted on each battery. The memorandum addressed.by the Tuscan Goiron-
merit to the Cabinets of Europe is publis4ed in the
Times and Daily IVatos.
The Bride, one of the little steamers runniit to
Chelsea, struck on a sunken barge, yesterday, by London
Bridge, and became a total wreck. Boats pat off' and
saved the pas-engers, who happened to be few in num-
ber.

At the meeting of the Submarine Telegraph Com-
pan`• yesterday, it was stated that the. old Dover cable,
laid in 1851, had been raised and cat six miles from the,
shore and at other points/ and was found to show no
signs of deterioration. • , ,

-The Marquis of Drogheda's schooner Fancy,
tons burthen, has been lost off the coast of Sligo.

Marquis and Marchioness, who were oa board, and the
crew were all saved, but much valuable:property went
dow=n with the vessel.

The list of candidates selected after. examiva
the Civil Service of India is published. The

on•the list is from Trinity College, Dublin, and
the two of the first five names three are from
and one from Queen's College, Belfast.

LOCAL INTELLIGENCE

Isst6lll,

1, however, vas su4

000. Yesterday, by vir
urt of Admiralty, she wit