Northern Times.
Liverpool, Merseyside, England, 1859-02-08 00:00:00

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.-THIS DAY

tae ark fern tridiinttss

TUESDAY, FEBR ETA R 8, 1359,

THE DAY'S Ni,-i-M
The interest in the daytsS.
net7s centres this
the
morning in the Speech of rench Emperor,
delivered yesterday, at the openi the French
Chambers. In it he first refe:sg°f the vague
inquietudes which, without any well-71c
disturb at intervals the public confidence, cause,
deplores these periodical discouragementns. He
( sane neen etonwnithout
being astonished at them
He alludes to " so many revolutionser").• •
in
France as accounting for these agitations to
some extent ; but there is too much want of
confidence—too much fear. " People seem
to doubt, on the one hand, the moderation of
which I have given so many proofs; on the other
hand they seem to doubt the power of France."
He recalls what has been his policy. To reassure
Europe, to restore to France her true rank, to
draw closely, "(cimenter etroiteinent") our alliance
with EnFland, and to regulate his intimacy with
the Continental Powers according to their con-
formity with "our views " and their conduct
towards Franke, He recalls his sayings at Bor-
deaux, v Empire c'ast la paix, as the inaugura-
tion of a system of peace which will not be (Us-
-1 ed except for the defence of great national

interests. His Majesty again refers warmly to the I
English alliance, and the happy reciprocity. of senti-
ments on the part of the English Queen and English
statesmen. To keep up the alliance, so useful to
the peace of the world, has he not trodden under
Ines
foot (mis sous
Ines pieds) the irritating recollec-
tions of the past, the attacks of calumny, and
even the national prejudices of France ? That
alliance has borne its fruits : "we have acquired
together not only a lasting glory in the. East, but
at the extremity of the world we have just opened
an immense empire to the progress of civilisation
and the Christian religion." The Emperor
then refers " with regret" to his differences
with Austria on the Principalities. The state
of Italy occupied with foreign troops is
disquieting, but: not a motive sufficient to
make war necessary. While one side appeals to
France without legitimate grounds, the other
side threatens us with a new coalition; but. France
will be neither provocative nor pusillanimous.
" Peace I hope then will not be disturbed ; resume
then with tranquility the habitual course of yonr
industry." The Imperial policy will be neither
directed by a low ambition, or by personal interests.
In conclusion the Emperor calls as judges of his ac-
tions " God," his " own conscience," and " posterity."
The publication of the document in London has
allayed, in some degree, the fear of war which
previously so generally prevailed. In Liverpool,
too, the, document is regarded in a favourable
light. The advises from the Continent, however,
continue to show that great uncertainty still exists.
From Paris we learn that the fact that upwards
of sixty more transports were ordered to be ready
at Toulon by March, is now accompanied by the
report that five divisions are under marching
orders to be at that place by the same day. La
Presse explains the cause of the rise on the Paris
Bourse, on Saturday, by saying that people
became alive, all at once, to the fact that the

English cabinet is by no means opposed to a revision
of the treaty of 1815, and many purchases were
made under the impression that diplomatic nego7
ciations would be resorted to befo
between France and Austria

a rupture

The Turin correspondent of the Times remarks
that the projected Loan of £2,000,000 will do more
than make up the deficiency of the Revenue, and
pay for the extensive preparations already made.
A brief summary of the Speeches of Lord
Palmerston and Lord John Russell reached Turin
on Friday, and would, it was expected, cause great
disappointment there. . _

The message transmitted on the 28th, by the
Lord High Commissioner to the lonian Parlia-
ment, pointed out, that the intended Proclamation
in favour of union with Greece was illegal, and
that they should only proceed by petition. The
demand for union was embodied in a memorial
to the Queen. Corfu had been twice
illuminated in honour of this demand. The Jews
were obliged to illuminate their synagogues. The
military authorities hath doubled the Guards as
Cephalonia, and Zante were the most like places
for a movement. Her Majesty's ship Ariel, will
be dispatched to the former island, for which the
British garrison was not strong. At Corfu, the
soldiers of the garrison, with a view of avoiding
disputes, have been ordered not to mix too much
with the people.
The American mail by the Cunard steamer
Niagara, arrived in the Mersey yesterday morn-
ing, bringing advices from New York to the 25th,
and Boston to the 26th ultimo. The proceedings
in Congress had been highly important in both
houses on the 24th. Reports from the Commit-
tees on Foreign Affairs, in favour of appropriating
$30,000,000 to facilitate the re-opening of nego-
tiations with Spain for the purchase of Cuba,
were presented and discussed, but no action was
taken. The Washington correspondent of the
New York Herald, states that the Spanish
Minister had declared that if Congress voted the
30,000,000 dollars he would demand his passport.
The writer of the letter adds—" This, of course,
bou understand, is nothing more than Spanish
luster, as will be shown when the bill becomes a
law, as it surely will in a few days." The bids
for a government loan of ten millions of dollars
were opened at the Treasury of Washington on the
24th ult. Thirty millions of dollars were offered
at rates ranging from three quarters to 5 per cent.
premium. The bill for the construction of a rail-
road to the Pacific had been defeated. -I,lre had
written thus far when we received the New York
papers of the 26th, which were brought by the
Cunard steam-ship Jura, which has arrived
here after a very favourable run of, eleven
days. On the 25th, in the House of
Representatives, Mr. Slidell, from the committee
on Foreign Relations, to which was referred the
bill making appropriation to facilitate the acquisi-
tion of the Island of Cuba by negotiation, reported
back the same to the Senate without amendments
and recommended its passage. The Overland mail,
with dates from San Francisco to the 31st of
December, had reached St. Louis. The dates from
Victoria are to the 25th of December. The
Fraser river was open again, and late discoveries
had increased the faith in the richness of the gold
fields in that region.
In the House of Lords, last night, the Lord
Chancellor moved the first reading of the bill for
the amendment of the law of bankruptcy and
insolvency, and after some remarks by Lord
Brougham and Lord Campbell, who, whilst
approving of the measure, declared that it hardly
was sufficiently comprehensive. In -the House
of Commons, the Queen's reply to the address was
brought up... A new writ was ordered for the
University of Oxford, in place of Mr. Gladstone,
who has accepted the office of Lord High Com-
missioner of the lonian Islands. The Chancellor of
the Exchequer, in reply to Mr. T. Duncombe, stated
that he could not fix the precise day upon which
he would introduce the new Reform Bill, but that
considerable progress might be made with it before
Easter.
Our columns this morning are crowded with
local news, to which we have only space here to
direct attention. The proceedings in the Water
Committee especially are deserving of attentive
perusal.

THE FRENCH EMPEROR CALMED.
The Speech of the French Emperor to his

Legislative Assembly yes

terday, is much mo.

pacific than was anticipated. Under the circuin-

,d, it may be said to be as pacific as

stances, inde
it well could be. It has been most fortunate, no
doubt, that our own Imperial Parliament was
opened a few days previously, and that thus Louis
NAPOLEON had the opportunity of ascertaining
the feeling which pervaded that august
assembly upon the subject—especially knowing
as he does, how thoroughly it reflects the sound
public opinion of England. There was nothing
said in either Iloulso" of Parliament that could
give him any hope of sympathy, whether official
or popular, in this country, in his hostile designs
regarding Italy. Least of all could he find the
slightest indication of approval of the course
which the King of Sardinia was pursuing—
with whom the French Emperor seemed so

anxious to make common cause. Lord BROUGHAM'S
declaration, that the universal opinion of all classes
and all parties against any breach of the peace,
led him to form the most confident expectation,
that, on the part of France, there would be no
attempt to join in the Sardinian " speculation," as it
was called ; coupled as it was with his withering
exposure of the worthlessness of that " speculation ;"
could not but have a powerful influence at Paris,
Much more, the emphatic language of Lord
DERBY himself, as to the friendly and earnest
terms in which her Majesty's Government had
Emperor the import-
most forbearance in every
import-
ance
eefenetxederctiosinthgethFeruci:ch
respect in any differences he may have with

Austria—above all, of abstaining from holding
out the idea to Sardinia that any assistance would
proceed from France in case of an aggressive and
unprovoked war with Austria, and -which hale
drawn forth his Majesty's assurance, that so long
as Austria confined herself to her ownLlimits

Sardinia must:not expect from France any assist-
ance in an aggressive war. The Imperial pam-
phlet, on which we remarked yesterday, certainly
breathed a very different spirit -from this assur-
ance, as it did from
,the Emperor's Speech. But
then the former was dictated before our Parlia-
ment met—the latter after. The first was a

feeler ; the second is its pretty decisive result.
LOUIS NAPOLEON finds that heirs making a mis-
take; and that the Sardinian " speculation'
not worth the sacrifice-he must pay for his parti-
cipation in them

The sober, statesmanlike language of Lord
DERBY, we repeat, could not fail to make an im-
pression on a mind like Lours NAPOLEON'S. "It
is in a spirit of sincerest friendship for Sardinia,"
said the Premier, " and of the deepest interest in
her well-doing, that we look with anxiety, and

have given expression to our anxiety, upon the
attitude which of late she appears disposed to
take—an attitude inconsistent- alike with her
interests, with her duty to society at large, and
with the maintenance of that sympathy and regard

which her previous conduct has obtained for

her throughout the civilized world." This was a
cutting, though a courteous rebuke. Thus exposed,
thus condemned, Sardinia's was not a course with
which a shrewd and calculating character like the
French Emperor, would Teel disposed to persist in
being identified. Hence, we say, the pacific tone
of his Majesty's speech of yesterday. To have been
suspected of any participation in such an "attitude"
as that of Sardinia, were quite enough to make it
high time for one in Louis NAPOLEON'S position to
protest, as yesterday lie did, against its being for
a moment supposed, that " personal interests or a
petty ambition will ever guide his actions."