The Northern Daily Times.
Liverpool, Merseyside, England, 1857-05-05 00:00:00

TASMANIA.

A.(ivices from Eobart Town to the 9th of March
are to hand, but they do not contain, any n.. 3 Ws of
the le4st interest or importance.

COMMERCIAL INTELLTGEGCE.
Melbourne, 13th March, 1857.
The very serious depression in this market which we
have reported in our last two monthly circulars, continues
unabated. To this has been added, as a natural consequence,
a considerable number of failures, particularly on tits gold
fields, and among houses in town more immediately con-
nected with the inland trade. The pressure has born
materially increased fr some of the banks having
restricted their discounts, and by the geceral want of con-

fidence which has en, tied. We have made careful enquiry,
and are enabled to give the following explanation of the
present state of affairs, which mv be relied upon as
authentic. The origin of the present difficulty may be
traced_te_et,eoneisterable,extent to the er'sis in 1854, during
which many of (ur traele7s contracted,very heavy liabilities
which they have since been endesvc;uring to clear off. At
the , end of the past year meny of them held heavy stocks
which they had laid in at the comparatively high prices
previouely ruling. But clueing peried which has since
elapsed, the arrivals here of all kinds of merchandise have
so greatly exceeded the rate of consumption that prices
have generally declined from 25 to 50, per cent. At the
reduced rates immense purchse,es were made in town, and
with these the whole of the gold fields have been liberally
supplied. Then commenced the embarassment and
failures , of the weak houses, and their bankrupt stocks
being thrown on an already glutted market have still
further depreciated value, and still further impaired con-
fidence in the country trade. From letters we
have seen from the correspondents of mercantile
houses we can state that at. some of the distant gold-fields,
many staple imports can be bought cheaper than in town.

While much of the present emlicrassmeni has been caused
by circumstances over which the sufferers had no control,
and could not foresee, it is an undoubted fact that many of "
them have shown by their conduct, and mode of emiduct-

ing business, that they were utterly unwort'ay of confidence. .
An extravagant style El ".
living, the utter neglect of book-
keeping and stock-taking, and a system of bo!stering up
their credit by grossly fraudulent practices, after they
knew they were insolvent, are some of the sins
and offences charged against many who have re-
cently suspended payments, which have had a most
unfavourable effect on the minds of the im-
porters mid capita Hew, and have done infinitely
more to paralyse trade than would have been caused by
three times the amount of loss in ordinary circumstances.
As a pr of that the present difficulty is caused mere by the
spirit of distrust which has thus arisen than from any
real disorganisation .or financial embarassment, me may
mention that the banks entertain unbounded confidence in
the stabitty of our commercial community, and the
principal establishments have not felt it necessary to
restrict their discounts. We are enabled, from the best
authority, to report, that on the 4th of the month, when
a very large prop rtion of bills fell due, the proportion un-
paid was surprisingly smalL On this subject we are not
at liberty to communicate details, but from books
and documents laid before us, we ar© enabled to state that
the financial condition of the country is sound and stable.
In truth, the feeling among bankers and merchants, with
reference to the present depression, is one rather of con-
gratulation and hope than of regret. The little panic, in
their view, is a most salutary warning, both here and in
distant, countries. It is a warning to men of business here
to be more careful in giving credit, and to beemore watch-
ful in reference to the conduct of those to whom credit is
given. It is a warning to consigners at a distance, that
they should not be quiteso reckless as they have been in
making shipments to this market. Since our, last we have
also had a small political crisis. Sir William a'Becket, the
Chief Jus ice, having resigned, he eas succeeded by Mr.
Stawell, the. Attorney General. The latter gentleman was
the ablest member of the Ministry, and of course his
secession was a great loss to it. At the same time the
Assembly having sanctioned a system of agency in Great
Britain for the promotion of emigration to Victoria, and
having voted L'27l ,000 to be expended for this purpose in
the first year, Mr, Childers, the Commissioner of Trade and
Customs, received the appointment of- Emigration Agent
Mr. Goodman, member for Murray district was appointed.
Commissioner of Trade and Customs, and Mr. Fellows,
the Solicitor. General, succeeded Mr. Stawell as Attorney-
General. These gentlemen having vacated their seats,
required to be re-elected, and in the mantime the Ministry
were greatly weakened. The Opposition took this pp )r-
-tunity of making an attack upon the Ministry, and have
succeeded in ousting them on the charge that they did not
intend to expend the whole of the money voted for emi-
gration. The new Ministry are Mr. O'Shanassy, Chief
Secretary ; Mr. Foster, Treasury; Mr. Chapman, Attorney-
General ; Mr. Wood, Solicitor-General ; Mr. Duffy,
Public Works ; Mr. Horne, Public Lands ; and Dr,
Greeves, Commissioner of- Trade and Customs.
These gentlemen having vacated their seats are now also
before their constituencies, and the elections will be com-
pleted early in Ap-il. In the me tritime the Assembly has
adjourned till the ltith April. Commerciallly speaking,
this change of ministry does not appear to be of much
moment. The great questions of land, emigration, railways,
and public works, which have a practical hearing on trade,
have been either settled, or there is no practical difference
of opinion in principle between the ins and outs, so that
the public policy of the colony will not be materially
altered. In its general interests the country is prosperous,
and so long as life and property is protected as at present,
there is no doubt that with a highly energetic and indus-
trious population, the prosperity existing will be fully
maintained. For information as to gold, wool, and other
produce, we refer to our other columns. There is
one important point with reference to the advancement of
our public works, which must not be overlooked. Last year
very great difference in the conveyance of goods were
caused by the bad sta'e of the roads to Castlemaine and
Ballarat. Tcis year the road to Castlemaine and Sandhurst
will be passable throughout, and the road. to Ballarat h's

•
been rritich improved: The knowlege of these facts of
course makes th.:! storekeepers less anxious to lay in stocks
at this season, and this may account in some degree for the
present unusual dulness. henceforth the trade to most of
the prinoipal gold fields will be more equal throughout the
year. We now proceed to remark on articles of import in
detail. In consequence of the extreme paucity of tratmac &PP,
Our comments must in a great measure be confined to the
general aspect of the trade in each branch, it may be stated
as a general remark that the business done is chiefly for
necessaries to assort stocks, and in a large proportion for
cash,

LIQUORS.—BranIy : The advices by taus European
mentioned in our last circular, have coat rued to operate
in enhancing the value of this artiel.-0. We can now
report sales of Martell's at 13s 61 'net cash, and a credit
(three months) sale of twenty hogsheads is also reported at
133 9 U. V. Proprietors' brandy, in case, is not so firm.
It has been sold at 323. dales are reported of W. I. rum,
253 to 30s o.p. at 5s 3d ; Btolo is quoted lower. Geneva
has declined. Old Torn and Scotch whisl3y are without
change ; Irish whit-ley is nominal. In spirits generally,
and iu wines, trade is very quiet. Ale in bulk is very dull.
The market was tried at auction lately, and it was very
clearly shown that forced sales wouA not produce half our
quotations. For Cobb's Margate ale in good condition,
the prices offered do not exceed £5 ls. The first brands
of porter have advanced slightly since our last. Bales of
Taylor's XX are reportei at Rti 12s 6a to £6lse, but at
auction lately the highest price offered for Whitbread's was
.E-1 ss.

TOBACCO, CIGARS, &e.: Notwithstanding the advices of
injury to the crops of tobacco in the United States, and the
cessation of shipments, the stocks held here are so
large that no tendency to improvement has as yet been
exhibited,
Gaocsams, Onatust's STORM, &e.: In most articles of
this department business is literally at a stand still, and
since our last nearly all have declined in value. We sc,e-
cify particularly as lower, saga, candles, coffte, Sordan
almonds, currants, figs, jams and jellies, Barcelona nuts,
bottled fruits, Mutcatelraisine, hops (which are now quite
nominal), pickles, and salad oil. Pudding raising are
scarce. The dried fruit market generally has been affected
by direct arrivals from Malaga, and prices aro to a great
extent nominal. Liverpool salt has greatly imyroved,
Sales have been made of coarse at £3, an I of fine dairy at
£3 10s. Rock salt has realised ..C.l to £6 10s. During
the month, notwithstanding heavy arrivals of Mauritius
sugars have maintained their value. Cos-ipore has been,
and is, very scarce. No. 1 has advanced to £6O, and No.
2 to £54, at which prices they are saleable. Mauritius
crystalised has realised as high as £43. Manila sugars
are not much in demansl. They are chiefly bought by the
t'rewers, who are at present supplied. Molasses have
declined. Teas : The arrivals during the past month have
been heavy, and have more than neutralised the effect of
the intelligence of hostilities at Canton. A good congou
cannot be placed at a higher rate than £6, though for
finer qualities sales have been made at £6 7s Gd lisson-
skm is worth £3 10s to £4 per chest, and gunpowder 2s
to 2s 6,1 per lb. Vinegar has declined ; concentrated is
worth from lOs to 118 per dozen quarts.
BREADSTUFFS: It is now well ascertained that the stocks
of flour in South Australia are very large, and as this is
the only mark©t for that colony, and as there are competi..

tore for its supply from Chili, California, and the Eastern
States of America, as well as from Van Diemen', Lard
(where the harvest is now gatt ared 1..), th, h
Adelaide are g4ting anxious to Fl i rn.rits,
consequently pushed forward t
0:-...1„,,rs at
once to effect sale 4. n r itiently th' • drafts against
the consignments. ~,ke of flour of various kinds
here-ltatifig previonsly 1): en—Tarr, - this polley- of the SatiN
Australians has had the effect- of materially depreciating
their staple article, and prices have, within,the last week,
fallen considerably. Second brands have..been offered at
£l4 and large sales of the first brands have been made
sti £14103 to £ls. Biscuit has declined„ Horse-feed has
been steadily advancing daring the past week. The price
afmeiza has; advanced in Sydney, and it is becomineicarce
here. Wheat here hag-ateadily declined, and tbedast sale
reportedww at-64 3d per•ibashel. Scotch oats are worth
7s ; Calcutta, 7,4 ; 7S to is 61; English
_
barley, 6s 6.1 to 74:3d ; maize 14 worth 9s to 9s 6d per
bushel, and bran 24 to 2s 3d Potatoes, new colonial, ate
worth £4 per ton. Rice is still declining
Paovistoss : Really prime provisions are saleable, but
the greaser proportion in the market are not in sound
coaditirn, and consequently bring very low prices. There
is an enquiry for good hams and bacon. Sinclair'e Belfast
hams realise is 2d per lb, and good baeln if; worth is per:
lb. Cheese, the very best, does not realise more than is
p-r lb. Irish beef has been sold at £4 15s to £5; Ameri;
can,_ £3 to £3 Sc. Prime mess pork is worth .f. 4 10s to
£4 15s, and Ilambro' £5 54 to £5 104. Fish—all kinds
maintain their price, except ling tvd cod, of which large
supplies have been received. These cannot be quoted
higher than 5d per lb.
PAIgT9, Oils, &c : These articles maintain their value.
Oils are scarce. Polar oil is worth 170 to £BO, and sperm
£IOO to £lO5. Chinese oil has advanced, and is worth.
61 8d to 6s 10d per gallon.
MATALs : Bar and bolt iron is worth £l3 to £l4; wit.-
rugated (light only) £3B to £4O. Iron tiles are. worth'
each 2s 6d. Composition bolt realises Is to Is 2,1, and
Mi=n i,patent metal Is id. , Lelia; ilaset,,railled, assorted,
and pipe, are still advancing. The fortner is worth .E33',
to £34, and the latter £2B to £29. Blister sheet is over-
s'oeked, and gabs unsaleable,. Rolled', .heet zinc is worth
£4O to £4l. There is no-• Sis forleavy zinc.

BUILDING MATERIALS : English bricks realise £4 to ..E5
per 1,000, and English fire bricks £8 to 19. American
cement is still unsaleable. Slates : There is a considerable-
demand for these, as for other building materials. The
arrival., however, have been very large, and prices do net
advance. -Wes have been made at 4.14 for Duchess, and
£loloa for aOnn'ess. Timber : There is no improvement
in timber, notwithstinding" a large demand. Indeed
prices are all but nominal, and arena,. remunerative.
Damns : Tartaric acid is net worth mhtit 'Ahem 81 to 9d ;
sulphur, 2.4,1 to 3d ; liquorice, 9d to Is. ; 'Opium
furthered declined ;--Turkey, prepare, 'per—diiiiiater, is
worth 15c, Patna, per chest, £llO to £ll5. Sales are,
reported of saltpetre at 4d to 5& of soda crystals at 123 to-
13s per cwt. and soda ash at £2O per ton.
BOOTS AND &row : Winter goods are now adraneing in
value, and summer stocky are nominal. Winter goods,
however, are coming in_freely.
AGRICULTURAL IMPLEILERTS : These are in demand.
Grey's ploughs, and those of other good makers, are scarce
and wanied.
Eaarrizawkax : American tubs and brooms have
declined. Two-hoop buckets are unsaleable.
HARDWARE : The stocks are still very large, and almost
every article is romintd. Axes : Hart Collins are quoted
at £2 8s ' • handled do., .g 3 15s to £3 14s ; Collins' picks,
light, £1 158 to £2.
t3uxorttzs : Candlewick is lower, and is quoted at 9d to
Is per lb. Gray wrapping paper is sill at 3d to 41
_Holloware, 2,7 i per cent off list. Patent Ewbanks's nails
5 per cent, off list ; cut tacks, 21 per lb, and cross cut saws
at is 6d to Is 9d pee lb: --A-meriesti-Resltrgs- to ,Ios.
Blsaing gunpowder,: eld to 7d. Canvas : Government
nary, a very superior article, realises is 11d to is 2d ;
American light drill, 4d ; Ravensdnek, 8d ; bevy 9d ;
woolptckg, 44 ; 3 bushel bag', 18s to 194 ; Eurppa
cordage, £3O to 132 ; spunyarn, £2B to £3O. Wool-
curling, hawser's, eoir rope, and twine have all declined.
Newcastle co ils are voted at 37s 63 per ton in the bay.
31eLeoraise WOOL NEAREST, &C.—Our last report was
per 5i,014, en the 12• h tdr.' mince which there have been
three sales by auction, at which 1;164 bales' have been
bronght forward. The attendance of buyers has, been, as
usual, numerous, and competition brisk. The market is
now very firm, and nothing of consequence can be looked
for, the whole, or nearly, or the clip being already thipped.
The 'quantity shipped at the Customs has been
Oc'. 10 to Jan 31st 7.7.54.651 Ibs, value £551.23
Jail": 31 to Feb. 28,111i901,435 do. do. 130,0.52

Total . 9.656 086 lbs, value £6Bl, 873
Thf9 following ships have sailed, viz :
Med w:.",
Jean B„;.t, .. ... . • ... ... „ "1,10.; , fir Havre.
01
Donald MTay, ~ • •••• • • • if I,‘L", ” on board.
Istanbonl, .. ..... ,••• - • • • ~ 1,070 3, „
Sassex, . .I • ••• 1, 811 ~ ~
Steboreath,
Pre:l4mm eh;pment 157 14 1 2,7,w,,,,
vessels, since Oct. 10, 1857, J -1, ft

Total

.33,171 bales.

Our quotations are as follows :--quperior clips 20d to
23d ; fair to good, 171 d tl 19d ; inferior to avenge, 17d
to 18d- ; greasy, 10.1 to 12d; scoured 20,1 to 23d.
TALLovir: There has been considerable activity in this
article of late, having alone passed upwards of 130 tens
though our hands, prices being as last quoted. Beef, £43
to £44 ; mutton, £44 to £46.
Hines: Nothing of consequence has taken place since
our last. .J. H. CLOUDS & CO.

AMERICA.

ARRIVAL OF THE NIAGARA.

The Royal Mail steamer' Niag.ara arrived yester-
-- day morning from Boston and Halifax, with dates
fronl the
.former to the 22nd and from the latter to
the 24th ult. The dates from New York are to
the 21st.
The Niagara has brought home 110 passengers
and 581,083 dollars in specie.
The Commercial accounts partake of much the
, same character as those last teceived. The Cot-
-. ton Market had been quiet and the sales in New
York did not exceed 3,000 bales for the week.
. There was a fair demand for 'flour and prfees had
shown an upward tendency. Wheat was dull and
prices without change. Freights were' also very
dull. The Stock Market on the. 21st was tolera-
bly active and buoyant, with prices showing a
tendency to advance. Exchange on London was
somewhat in demand, and in consequence of the
firmness of drawers quotations ware on the
advance.
The steamer City of Washington had arrived at
New York from Liverpool.
The following is an ample epitome of all the
news of interest to English readers :
From Washington we learn that the Cabinet
Lad held a long consultation upon the official
reports of Ministers in New Granada, announcing
the fit Pure of their efforts to eff.'ct an amicable
EtdjustmeQt of the difficulty-existing between that
republic and the United States. It is sail that
the 'Grovernme:n: is resolved to protect the rights of
Americans in that. quarter, and three or: four
vessels of war 'will bE tlespatohei thither witlfout
delay to bring about an
.understanding upon the
question in dispute.
The Department of the Interior -had nearly
completed the arrangements for the construction
of the waggon road to the Paeifie. Proposals had
been issued by the Post ( Mee Department for
eartying the entire•letter mail from the Mississipi
to San Francisco in four horse coaches, semi-
monthly, wt. ekly, and" semi-weekly. Mr. H. Noble,
of Minnesota, John Kirk, of California, and Wm.
Magraiv, of Missouri, ' have been appointed Corn
missioners to superintend the construction of the
waggon roads to California. .
The N.w York State Assemblyhad passed the bill
ileclaring in effect that no slaves shall be bought
within the beundarit s of the State, thus nullifying
As far as possible the recent decision of the
Supreme Court in the Dred Scott case.
A destructive fire had occurred at Alton, Illinois,
destroying the Methodist church parsonage house,
the warehouse of Hollister and Coffee, the planitrg
mill of Morrison, and Beale, damaging the Waverley
Hotel and other buildings.

Two men were hung by mob law on the 11th
ult., in lowa. One of the unfortunate men was
charged with murder, in killing a man named
Ingales. The other victim was charged with
murder and counterfeiting.
The steamship Vaneerbilt had made a most suc-
cessful trial trip at New York. Her speed equalled
tha expectations of the most sanguine, as she
ran from the South-west Spit to Castle Garden, a
distance of seventeen miles, in fifty-five minutes.
She has been built with regard to elegance, strength,
speed, and security, all of which seem to have

been attained. During her trip, all on board were
(I,l;ghted with her perfect steadiness, and the
,slitiro absence of any jarring motion. She
intended to run between New York and Havre via
Southampton, and her first trip will be made ear:,
in May.

---ThP, American preas discussing the
result or the general election in 'x eat Britain and
Thp Neu:- York Herald
says-
The ipw parlia:ne.it, we are .ida one of the
moat revolutionary of the new ury, and will not improbably
recall reminisceneea of some of, the famous old parliaments
whose glttrinuecareer was cotemporaneons with the.seqle-
runt of Arderics.- A man who has ivatcheo2Brifish pOlitics
foi.tiOntpfkve or thirty years can hardly beliette'hia eves
when he reds the newepipers, and ‘he pamphlets, and
periodicals that were published during the reigns of Cloning
and Castlereagh.. Cen furl t a divide 'that bebigh fed perk/
frotri citir own. The Monarch 4. of Austria and Rtissia are
not More'despotic than the E.: glish of that day, while the
modern Erteltshm*n is a democrat, differing butAittle.
practically-from the average- citizen of the United -B'ates.
Pablic opinion has traversed a millenn'al gulf in .the spice
of a generation. SO fir as are .concernecl, witti
the of casional-exception of a puff of the aristocracy, or a
sneer at the "lower classes," the Times, makes
public opinion in England, Might elm*: be publihr.d in
the United States. And every day 'the analogy is growing
closer.

From Kansas we learn that perfect calm and
quiet reigns in the tertitoly,

'We are ti possession of Ilavannah adrices to the
15th April. An attempt had been, frtadstfi assas-
sinat iAlk„, :William Sydney .B'flaith.. 11W—BriOsh
eonsulitin it-supposed, of his, exposureit
of tliesia.vetraders: The Ceremonies of frolyWieelt
and Easter were observed. with unusual' :Option
brilliancy. A number a horrid )outra4es,
commitT4 ne.4roes 'aUritig 'thef..-iel?Si;;pi of
. Bent, are mentioned. One infuriated iltrulf,i man,
boing murdered a FrOcliman, citirthtgbiodY
of his victim literally into-Pieces, atictWatg Wragized.
from it with diffieulty, The United States shiP
Saratb"ga was in tort: j A' Spanish- war vessel, in
practising with bat', drove a few of the missiles
-into the deck of the British cruiser Mariner. An
investigation was ordered. It was said that
the troops expected from .413.011 wrdg4AQ:-,Tftte
against Mexico, hut_ go to aid COsta Rica in; her
struggl4-- agitiEst- Walkerf iincliAtigto-Saxonism.
"g*iod dart of excitement' rxiitedin tllg sugar..
-
pfgrket, owinc.,, to the PrevaleriC weather
and a fear that the seasou.shoUld premainrely.
closed. At the, latest moment, however, the rige
had'-ceaSed. Price, of '§hgar relllftilled the same
ai faSt reported, with a good supply on 11ii,441 and
;in active demand.

Nassqu letters,of the lAt April, report the arrival
of the. French war steamer.:l\-TeNYt„4O, at t4t. port.
As she is the first vessel of the imperial naN7rwhicli
ever anchOred at that potion. Of:tfie Rahanias, her
ofywere were received with much cordiality. It was
thought,Aat the report on the wrecking systeto,
which :was bitely forwarded, to, the Ethger.p, was
the cause of her sudden appearancaz li:stgrm of
thunder and lightninr had _thrown down a churVg'
spike and caused other damage,l The Le
wasstill in session. The militia digAndqq,

.• We heve files from Bermuda datedito the 7zhof
Apr u. There is no news of itioAftance.. The
Legislature was still in session.. e.t.d. many fulls for.,
lone improvement were under•nonsideratiterte -
Full-particulars of the _load of tb.Mttlas,tering
steamer J N. Scott, belonging to Walker, are to
4nd. A correspondent of a New York paper fin-
Atrishes the following account cf the explosiini
" On'the.flrst of April, when we hat about.a mile and a
entirter above Serapiqui, the boat J. N. Scott, which was
used as a homital, exploded ; the second deck was used as
a-hospital:" The boat had just grounded on a sand, bar
when the explosiOn t )ok. place There we-e thirty men
killed instantly or missing; many went to the botfona'and
never rose again, and many were terribly scalded. We
took alaunch, and got off the sick and wounded first, and
sent the T 1 down to Punta Arenas. ' The groans of the
.wounded were heart piercing—many be,e4hieg us to
shoot them, =and put an end to their . sufferings, The
boat being grounded on a bar she could not sink, and only
one half of her was deltroyed, the other half was used as
a. temporary hosPital for the sick and wounded. The
Rescue being but a short distance in advange of As came
hack and. assisted us, and we soon gotall the men-to Punta
Arenas. The British vessels there spelt their snrgeOns
immediately over with port wine and refreshmentn.and
they dressed the wounds and paid us the utmost attention.
I was lying there among the wounded, very much
injured frcm wounds received at Serapiqui, and from
being tossed about at the time of the explosion. I heard
the British officers say that, when the Tennessee arrived,
it' she would not talcs us oil, they wuuld •tnereseines
send us to any part of the United States in their
propeller. They had been in the habit of doing that ever
since we landed there in January. All the deserters that
came down they would take in their propeller to the
United States. The explosion on the J. N. Scott was
caused by 00428 miscreant, who threw a flask of powder
into the furnance. It is not known who it was. We
know it must have been powder, from the fact of the
faces of the wounded being a great deal blackened with
powder. We had at least two tons of powder on board
the Scott, but not a bit of it was disturbed by the explosion.
The side of the boiler must have been first blown in, and
the steam did the rest of the damage. The worst of it was,
that most of the men who were sca.ded were the very men
who had agreed to go with Loekridge to join Walker, so
that I do not suppose that he will get over ten men to go
with him.
An Aspinwall letter of the 4th April says :

The steamship Tennessee has just arrived, with over
three hundred passengers for California, • and only one
for Walker—Major M. E. Bradley, who goes to join
Walker at Rivas, via Panama and San Juan del Sur. This
Msjor has just retnrnsd from Washington, where he was
sent by General Walker to ascertain the feelings of the
new administration towards his government. He is much
elated by the success of his mission, and predicts the
speedy close of the war and the firm establishment
of General Walker's power, having had assurances
from high authority in Washington that the
government of the United States would demand
indemnity from Costa Rica for the property of Ameri-
can citizens seized and destroted upon the river
and lake. And furthermore, that the Unired'States would
require that an armistice should be entered into between
Walker and the allied generals. If th's should take place,
Walker's friends would not neglect to furnish him with
every thing he needs, which seemed to be only money.
By private letters from Costa Hiea we learn that
the_ war is very unpopular among all classes at San
-Jose The working men haVe nearly all tied to the,,
woods, to save themselves fiom being pressed into
the army, and in consequence labour is very high,
and the cropi are suffering. Should the allied army
meet a few more reverses. a new government will
be inaugurated through a revolution. The peace
party is gaining strength every day.
The Commissioner sent to Bogota by the United
States, to negotiate a settlement of the diffieultits
springing out of the Panama massacre of the lath
April, 1856, and out of certain recent tonnage and
pos.age laws of New -Grrana la; has been unable to
effect any result, He subniitted his ultimatutn,
which was rejected. Therefore he broke off the
negotiations, and is now .on his return to the
United States, to be followed immediately bynnr-
resident Minister there, Mr. Bowfin, The
Granadian journals seem to expect hostilities
between the two countries.

By way of B Iltimore we have interesting into%
li:lence from Liberia. Our dates are to the 12 h
of March, at which time affairs were generally in a
'prosperous condition. The Baltimore Sun supplies
us-with the following information ;-7-
The war which had existed at Cape Palmas for the
past few mcntts between the Maryland se tiers and the
Greho trine has been brought to a close,•and we tryst a
permanent peace establsbed. At one period the settle-
in r, et Cape P linas was considered in imminent peril,
an Governor Drayton app'ied to the republic for aid of
men and inn :Hues of war. The government pramptly
responded to this call, and a company of 115 men, wi 11
armed and equipped, was forthwith eerollei and-
deso itched to Cape Palmas in the
,Suciety's ship, which
happene'l to be it.) post at that time. The timely appear-
ance of Ole fOtee,the able and jiteicieus course pursued
by General Roberts, wh.) went down in charge of the
troops, and otter c,nci,rrent ,causes, put an end to actual
hostilities, and induced the erablishinent of peace
on a basis which promises Permanency. The.
friendly feelings shown .towards the people of Cape
Palmas by the government of Liberia, in famishing as-
sistance in time of their great need, and the dal gerous
crisis they had just experienced, induced the citizens of
that place to take into serious-consideration the subject of
annexation to the republic. Accordingly a retition was
drawn up and signed by a large maj arty of the people,
requesting the legislature (then in session) to hatre the
question of county annexation submitted, to the voice or
vote of the people, which was granted, and a unanimous
vote given for immediate annexation to the republic