The Sun.
London, England, 1862-05-12 00:00:00

LATE

THE ORIENTAL COMMERCIAL COM-
rANY (LIMITED).
Registered Pursuant to Act of Parliament.
Capital—L..loo,ooo, in 10,000 Shares of £2O each,
(0 f_wh ich a large portion has already been subscribed for).
Deposit Ma Application, £1 per Share ; and £1 per Share
on Allotment.
_ Two Months to intervene between each Call.
The Liability of each Shareholder is limited to the amount
of his Shares.
DIRECTORS.
Rear-Admiral Barney, Ebury House, Twickenham, S.W.
D. N. Giannacopulo, Esq., Director of the London and
Lancashire Fire Insurance Company, (Giannacopulo and
Cochilani), Merchant, Liverpool,
Deane J. Hoare, Esq., F.R.G. S.
Angus `'Kenzie, Esq., Merchant, Gresham House, Lon-
don.
Constantine S. Panaobulopulos, Esq., Merchant, Patras.
George Pappa, Esq., Merchant, Smyrna,
Edward Gibbon Swann, Esq., J.P., 17, Upper Westbourne-
terrace, Hyde-park, London.
A fuller list of Directors could have been presented, but
the Promoters of the Company purposely limited their
nomination as above, in order to leave an option to the
subsequent subscribers for shares of participating in the
election of additional English Directors.
BANKERS.
Messrs. Maaterman, Peters, and Co., London.
SOLICITORS.
Messrs. Langford and Marsden, London.
Messrs. Sale, Worthington, Shipman and Seddon,
Manchester.
AUDITORS.
Charles F. Kemp, Esq., Accountant, 7, Gresham-street.
Henry James Barker, Esq. (Barker Brothers and Co.)
BROKERS.
Messrs. Matthey, and Billett, 81, Old Broad 'street.
MANAGER.
Demetrio Pappa, Esq.
OFFICES.
31, Threadneedle•street.
AGENTS.
Greece—The National Hellenic Bank and Branch Estab-
lishments.
Salonica—Messrs. Semtoch Heschia, D. Blazzi, and John
Demetriadi. merchants.
Alexandria—Messrs. Duca, Paleologo and Cochilani, mer-
chants.
Cairo—Messrs. Paleologo and Cochilani, Messrs. Charilagos
Brothers, merchants.
Beyrout—Messes. N. Ziffo and Co., merchants.
Amsterdam—Messrs. C. L. Engleberte and Sons, bankers
and merchants.
Constantinople—Messrs. D, Pappa and N. SotiroPulos,
merchants.
Ibraila—Stephen N. Carallis, Ecq., merchant.
Galatz—charalambo H. Giannussi, Esq., merchant.
Other Agencies will be appointed in course of time.

PROSPECTUS.
This Company is established for the purpose of receiving
consignments for sale under seasonable advances, of
effecting purchases of manufactures and other staples of
which this country is the great entrepot, and of executing
orders on commission for account of correspondents in Eng-
land, the Eastern part of Europe, Asia Minor and Egypt,
&c., with such command of means and confidence as may
favour a large extension of the Commerce between the
foreign regions named and Great Britain, with every regard
to security and upon the most favourable terms, as to the
respective markets.
The Returns published by the Board of Trade exhibit
from year to year an immense increase of traffic between
Great Britain and the rest of the world—and the Levant is
found to figure in those returns upon a scale of considerable
importance. A still great3r development, however, of
which this branch of commerce is capable, remains retarded
by the inadequate power and insufficient security cora-
maeded by private establishments—hence the idea of form-
ing this Association.
The resources of the Levant itself, at present wasted for
want of development, are unquestionably sufficient to sup-
port' a trade extensive and remunerative to a degree never
yet attained as regards the East, The numerous ports in
the Black Sea, the Archipelago, and on the eastern shores
of the Mediterranean, only require the existence of a finan-
cial centre of intercourse in England, commanding uni-
versal confidence, to acquire a flourishing importance in
world-wide enterprise, contrasting greatly with the depres-
sion of uncertainty andi insecurity which has of late years
paralysed their commerce. And the establishment of such
an influential organisation as will provide this much needed
financial centre, in materially enhancing the prosperity of
the Levant, will promptly open out a wide and ever ex-
panding field for the operations of British capitalists, and
the consumption of British manufactures.
Such being the origin, purpose, and objects of the " Orien-
tal Commercial Company, Limited," an earnest and con-
current; co-operation in the various Levantine Ports secures
to this Association the reasonable certainty of rapid and
decided success ; whilst the great experience of the Mana-
ger who has been appointed is a guarantee for the prudent
and safe course that will be pursued.
A large and most respect,able body of shippers abroad
having already promised to entrust the management of
their interests to this Company, and the business connec-
tions of the appointed Manager being in like manner
secured, the Directors believe that, with such assurances,
the undertaking offers more than ordinary inducements for
investment.
The Capital of the Company has been fixed at Two
Hundred Thousand Pounds Sterling, of which more than
Thirty Thousand Pounds have already been subscribed.
It having been originally intended to carry on the com-
pany with Shares of £lOO each, the necessary steps are
being taken to alter the original Articles of Association of
the Company in that and some other respects. The substi-
tuted Article may be seen on application at the offices of
the Company, where the fullest intormation of the objects
and prospects of the Company will be afforded.
In the event of the whole 10,000 shares, into which the
capital is divided, being taken up, the Directors consider
that no more than £5 per Share will be required at com-
mand, in full developing the business of the Company, and
so as to afford a remunerative return to the 'Shareholders,
and this proportion of £5 per share will accordingly be
called up by instalments.
Applications for shares must be made in the form an-
nexed. The deposit of £1 per Share must be paid to the
Company's Bankers, by whom a receipt will be given. It'
no allotment be made, or a less number of shares be allotted
than is applied for, the deposit, or the surplus thereof, as
the case may be, will be returned in full.
Prospectuses and forms of application for Shares may be
obtained at the Offices, 31, Threadneedle-street, as well as
from the directors, solicitors, agents, and brokers of the
Company.

ORIENTAL COMMERCIAL COMPANY (LIMITED),
Incorporated pursuant to Act of Parliament.
Capi nOO,OOO.
Offices, 31, Threadneedle-street, London, E.C.
FORM OF APPLICATION FOR SHARES.

To the Directors of " The Oriental Commercial Company,"

Limited.

Gentlemen,—l request that you will allot to me
Shares of £2O each in the above Company, having paid
your bankers the deposit of £1 per share thereon ; and, in
consideration of such allotment, or of any less number of
shares you may appropriate to me, I hereby undertake to
pay any call thereon, and I further undertake to execute
the articles of association wht7n. required,
Dated this day of
Names in full
Residence
Profession or Trade
Place of Business
Signature

1862.

=l7_
COURAGEOUS ICESOUR AND FATAL RESULT.—On
Saturday a poor cripple was crossing the road near the Liver.
pool Exchange, when he was placed in great danger by the
passing of a huge lorry laden with cotton bales. A labour-
ing man rushed to the rescue, and succeeded in removing
the cripple out of the way, but unfortunately he was him-
self 'knocked down before he could clear the horses, and the
wheels passing over him crushed him to death immediately.
Great sympathy has been (apressed amongst the merchants
on 'Change, and there is no doubt that a handsome sub-
scription will be raised for the family of the poor fellow who
has met with so untimely a fate.
A general meeting of the Madras Irrigation Com-
pany is called for the 29th inst., and of the East India Irri-
gation Company for the 31st.
The annual meeting of the shareholders of the
Chartered Mercantile Bank of India, London, and China
is called for the 20th inst.
A general meeting of the Great Barrier band,
Ilarbour, and Mining Company is called for the 29th inst.
THE 4TII DRAGOON GUARDS.—A few days will,
in, all likelihood, witness the official notification of the re-
moval of Colonel Bentinck from the command of the 4th
Dragoon Guards. We are not aware of the particular form
in which this necessary step will be taken. As the officer
in question has not completed 25 years' service he is not
in strictness eligible for the half-pay list, and possibly
means may be found of allowing him to receive the regula-
tion value of his commissions, and thus retire altogether
from the army. Colonel Brownrigg's period of service on
the staff has aiready expired, and as soon as provision is
made for replacing him he will revert to half-pay, we trust
never again to be put in a position of responsibility like
that he has shown himself so singularly unfitted to fill.
Some further changes in the 4th Dragoon Guards may also
be looked forward to, and we trust sincerely that under new
auspices this fine old corps may before long recover the
honourable position for which, in former limes, it was dis-
tinguished in the service.—Army and .IVary
Prince
%Anatole Deraidoff, of San Donato, has
died in the 61st year of his age. Be married n ato, as j
oPrincerome
Bonaparte and 1841 the
Prindess Mathilde de Monttott, daughter
of the Princess Catherine of W mburte Jerome
Bonaparte
He Separated from his wife nearly 17 years ago.
THE KHANS AT BRISTOL.—On Friday night Mr
an. d Mrs. Charles Kean took their benefit at the Bristol
Theatre, on which occasion the pieces were ";;eeryand " The Wonder." The Western Daily Times
says the
unanimous "call" at the tsrmination of each play, showed
how thoroughly they had been appreciated.
The lambardia, of Milan, states that on the sth
a band of eighteen thieves entered the house of a M. Agnelli
at Lodi, whom they knew to have received 36,000 fr. as a
legacy, bound both him and his wife hand and foot, and
then proceeded to take possession of the sum. M. Agnelli's
daugh'er had succeeded in making her escape without being
observed by the ruffians and gave the alarm to some peasant.,
who Pr''e to the spot arm e' 1 ith spades and pitchforks
but the thieves fired upon them from th windows, and
forced them tore tire. Soon
after the carbineers arrived,
but both the thieves and tho
LONGFoitD ELF:TcY had disappeared.
is being got up, in PETITION.—A sub-
v v(p)haN'
part,
for
It 'man Catholic
f Lel ind arepettaiktiionno•again,s.tordcfraying the ex-
opposing the
for the county of Longford. the return of Major
GREECE.—RAISING OF 'HIE BLOCRAD
don, May 9.—Sir,--I am directed by his llellenicENTLon-
eovernment to inform yon that the blockade of partieoaftY's
Argotic Gulf between the anchorage of Astros (not includtehde
a nd the Bay of Veurla (included), which took effect on the
13th (25th) of February, 1862, was raised on the 10th (22d)
or April, by virtue of a notification of the Royal Marine
Department of the same 'date.—.l am. sir, your obedient
*servant, A, A. lONIDEZ, Acting for the Consul. General.--
Cl,Ptaire G. A. Halsted, R,N,, Secretary, Lloyd's.

strip

peeves 0.
0' Reilly

THE SLTN.
LONDON, MONDAY, MAY 12, 1862.

New Orleans is captured. Since both Richmond
and Washington send us substantially the
same intelligence, it would be scepticism over-
strained, to disbelieve. Our readers may be aware
that there are two approaches by water to the
city, which a glance at any map of sufficient size
will make plainer than we can do by any descrip-
tion. One of these is by the main channels of the
great river, through which it flows into the Gulf of
Mexico. On the principal of these was placed Fort
Jackson, which the Federals have been some days
furiously bombarding, till the Southerners thought
they must have exhausted their ammunition. This
fort, we are told, with another, Fort Philip, the
Confederates still hold ; but, as if to give a much-
needed lesson to Lord PALMERSTON and Sir G. C.
LEWIS, and to justify the opposition to sinking our
money in the Plymouth and Spithead forts, the
Federal fleet has sailed past both, and summoned
the city, they should have protected in that direc-
tion, to surrender. A summons impossible for a city
to resist, which lay on the other side of a vast em-
bankment, with the hostile fleet riding at anchor
in the river, above the roofs of the houses.
The other approach by water to the city is
through the large lake Pontchartrain at its back,
which by smaller lakes and channels is also con-
nected with the Gulf of Mexico. Fort Pike, and
the other forts which guarded these channels, seem
to have been abandoned as indefensible. New
Orleans wanted, what we shall need at Plymouth
and Spithead, not forts, which are almost innocuous
to the quickly passing gunboat, but Merrimacs and
Monitors. Had she had a few ironsides, the Federal
fleet would not have passed them as easily as it did
Port Jackson. •And not being fixed, if of small ser-
vice in one place, they would not have been blown
up, but withdrawn to another. Along this lake
passage General BUTLER, it is almost certain, had
reached the city on the side opposite the river ;
hence the place had no alternative but to treat for
surrender. The specie was, however, first carefully
conveyer'. away—to the amount, it is said, of more
than three and a half millions sterling. The cotton
and steamboats were destroyed rather than the Fede-
rals should be permitted to have them. The Federal
commander is said to have withdrawn his forces to
Camp Moore, eighty miles distant. There seems to
have been no motive for this when he was treating
with the municipal authorities; the time hardly
permitted such a long march ; and the probability
is that there is some telegraphic mistake of names
of persons or places. What is as certain, as first
intelligence can well be is, that the City is in the
hands of the Federals.

The questions arise, 'how will the great capture
affect the war, and how will
it affect Europe ?
Probably BEAUREGARD, who •
four hundred miles north by the railway,at Corinth,at)d aboutmuch
more by the windings of the river, will severely feel
the loss. He is reported to have strengthened him-
self much, and doubtless the troops liberated from
New Orleans will now join him. Still he is now
all but cut off from every means of communication
with other Confederates, and from any large towns
which could manufacture for him the materiel of

War.

The Mississippi is now closed, both north
and south. General HALLECK, directly opposed
to him, has also greatly strengthened himself and
GenPralMrrcuELL, master of two hundred miles
of his Western communications, presses on that
flank. He can escape only by
a desperate battle
and a great victory, and bloody' probably will be
the fight which shall decide the mastery of the
South Western States. On Secession goncrally the
capture must operate es a heavy discouragement.
The place is not indeed of military value, but New
Orleans is the Now York of the South, and its loss
must be disheartening.

What its effect will be here, a little time will
larobably show. Alreatiy information has been
received, which appears to be of a trustworthy
character, that the Federal Government is engaged
in the consideration of measures for raising, or at
least seriously modifying,
the blockade. It has

now the great cotton port in its hands. It can pre-
vent the entrance of contraband of war, and yet
allow the shipment of cotton. Its own manufac-
turers need the supply quite as much as ours do.
If therefore Southern cotton planters will sell, pro-
vided their doing so will not bring them arms
and ammunition in return, the Federals can have
no reason for continuing to injure their own manu-
factures, and for annoying the manufacturing States
of Europe, Still there is a great deal to be done be-
kre cotton can be obtained. The planters maybe too
patriotic, as they may think it, to sell. Their leaders,
thoroughly desperate politicians, will endeavour to
prevent their doing it. The means of package and of
internal conveyance are all disorganised, and even
the ginning, we are told, is yet to be done. How-
ever, a short time will reveal the facts of the case.
The effect of the news at New York on Government
paper and securities has been to raise them to a
premium.

At Yorktown itself no change had taken place,
but the Contederates are making strenuous efforts
to keep Generals BANKS and M‘DowELL from
uniting and capturing Richmond, while Nl' CLELLAN
is holding the body of their army occupied at York-
town, and their Generals JACKSON and GUSTAVUS
SMITH appear to have been successful, partly by
destroying the bridges of the river, which BANKS
must cross to get to Richmond, and partly
by obtaining considerable reinforcements. Rich-
mond appears to be not only the Confederate capi-
tal, but it seems also to hive iron works of sufficient
magnitude to plate gunboats, several having been
taken there for that purpose. Indeed it is striking
to notice how in almost every account both parties
seem to be relying on the plated vessels they can
construct, almost as much as on their armies ;
and the grand effort is to get them dine best and
first. Each side are now working to the utmost
of their resources to construct an iron fleet. A
lesson to England.

Anyone who has visited the beautiful city of
Edinburgh will perfectly well remember the hand-
some public building which is there devoted to the
preservation of the National Records of Scotland.
It is a structure itself of an admirably good out-
ward appearance. It stands upon an excellent site.
There is an open space in front of it—in the midst
of which, upon its pedestal, is a public monument,
the equestrian statue of his Grace the Duke of
WELLINGTON—unIike the majority of the public
monuments adorning (!) our own unfortunate
metropolis, for inasmuch as the one here
referred to at Auld Reekie, instead of being
an eyesore, is really worth looking at, Those
who have—as we ourselves have penetrated
into the edifice, upou the merits of which we
are now descanting, will remember that the internal
arrangements of the structure areas admirably well
organised as even the most conscientious of our
own Masters of the Rolls (say, for example, the
present one, Sir JOHN ROMILLY) could reasonably
wish. According to the wise advice of Poor
RICHARD'S dictum, there is " a place for
everything, and everything is in its place."
During the daytime (the only safe period
in the twenty-four hours for establishments
of this precious and inflammable character), every
crevice of the building is well lit. Winter and sum-
mer the whole structure is cautiously yet effectually
ventilated. Wet or dry the weather may be—and is,
as a matter of course, throughout the twelvemonth
in this variable climate—yet the apartments
which there constitute the muniaaent rooms
of the Scottish nation, the saloons and
galaries containing the archives of the northern
kingdom are as sedulously kept, from year's
end to year's end, now from - dust, now
from mildew. In all this we are not in any way
doing what Mr SNAGSBY, the law•stationer, was
always in dread of doing, namely, " putting too fine
a point upon it." We are simply stating the facts
of the case as they stand. And to what purpose ?
Those who may have remarked the discussion which
took place on Friday's sitting in the House of Com.
mons by the hon. member for Bridport, will, of
course, upon the instant, very readily understand.
Mr. B. COCHRANE, they will bear in mind, then
brought once more under the consideration of the
popular branch of the Legislature the deplorable
plight in which the Record Office here in London is
left to this day in spite of all that has been talked
and written, or at any rate, understood to have
been done in its regard in the way of improve-
ment. True, no doubt, that an entirely new build-
ing for the preservation of the archives of Great
Britain was ordered by Parliament fully a dozen
years ago. Nay, more than that, it was actually
applied to the purpose for which it was intended.
An estimate having been made as far back as 1850,
this new Record Office was forthwith begun. As
unsightly a building in its way as—what shall
we say ?—Well, as unsightly as even Captain
FOWKES himself, when, at his worst, could in an
interval of the wildest hallucination have imagined.
There it stands, even now, in a more literal sense
than in Lord MACAULAY'S " Lay of Ancient Rome"
"The figure of HORATIUS halting upon one knee;"
there it stands, we say, far more literally than that
classic effigy of HORATIUS—" Plain for all folk to
see !" Fortunately for our national credit the pile,
such as it is, and so far as it has yet been carried
I towards its still apparently remote completion—is
hid away in one of the most obscure, crowded, and in
parts alsosquallid and dirty slums of the metropolis.
So that even the most inquisitive and peripatetic
sight-Eeeing of the multitude of foreigners now
traversing London in all directions, could only by
possibility come upon it by sheer accident ! And
observe ! even when reached down, in the heart of
that jumbled labyrinth of slaughter-houses and
meat markets, the visitor, startled by the unex-
pected intimation that he has reached the New
Record-office--discovers for himself immediately
afterwards, upon inspection, that so far from the
building there itself in its entirety, he beholds be-
fore him only a fragment of it. As yet in point of
fact it is no more than a single wing that has b een
raised. And seeing what that simp:e wing really
is, rather would we that it should now be
very summarily rased ! For when viewed ex-
ternally, it is as plainly as possible almost
at the first glance both ugly in its appearance and
inadequate in its dimensions. Mr. COCEIRANE told
the house the other evening that the arrangements
inside were as bad and as inefficient as though they
had been made to match. It would be ridiculous
in effect, in the presence of the glaring facts that
have been brought to light, to argue for a moment
otherwise. It seems absolutely as if a sort of craze
haddictatedevery suggetion that had 3 et been made
throughoutsraie
eele thess d
o mark
documents.
)
throughout, with a view to the better preservation
(y
t s. One of memoryit ofs thesecoo ll
y pro-
posed
r ea
p
that they should ba bodily sent up aloft 350
steps of the winding staircase, to be stowed away
safely, perhaps (though even that is questionable
enough) but certainly quite inaccessibly (for the
purposes of ordinary consultation) in the Victoria
Tower. As the member for Bridport indig-
nantly remarked, when recalling this preposterous
proposition to mind—it might quite as rationally
have been suggested (in same respects we cannot
but think far more rationally) that they should have
been arranged and pigeon-holed in the so called dry

arches of the Adelphi. Eventually, .me proposal
after another is set aside as impracicable. The
new Record Office is ordered to b built, and,
as wo have seen, is nearly a dozen 'ears ago ac-
tually commenced. Yet, after all this interval I
has elapsed, there is but one ungainly wing of
it to show. And meanwhile, th inestimable
Records of the realm remain even ne,v deplorably
scattered and wretchedly housed. What is Mr.
BAILLIE COCHRANE'S evidence on 'friday in the
House of Commons as to the state in vhich so many
of these unreplaceable documents stll continue to
be—we wont say parcelled out, bat shamefully
interred ? Why, of the houses set apart for this
purpose in Chancery-lane Mr. COCHRANE speaks
as dark, damp, ricketty, perpetualy undergoing
repair of one kind or another, Ind Set always
ill-ventilated and wholly nnprobcted from the
ever-eminent risk of destruction by fire. There
they are in piles upon piles of absolutely invalu-
able documents, "packed in racks from floor to
ceiling." It puts one on the wrack merely to
hear of it. Yet, we do still continue to hear of
it, and with only too serious reason. And this, won-
derful to tell, under the regime of cne of the ablest
and most conscientious and echolarly Masters of
the Rolls that England has had for many
years. It is to Sir JOHN ROMILLY espe-
cially that we owe the little that has yet been
done of late years towards the bette'r preserva-
tion of the records belonging to the nation. He it is
who but a very few years back began the laborious
series of Calendars of Historical Documents that
have already brought so many important particulars
to light—of our Domestic Papers," Mr. Brewer's
Papers or " henry the k.ightn," one volume ; Mr.
Lemon's " Elizabeth," one volume ; Mrs. Green's
"James the First," four volumes; Mr. Bruce's
" Charles the First," five volumes ; and Mrs.
Green's " Charles the Second," three volumes ;
of our " Colonial Papers," one volume by Mr.
Sainsbury ; of our " Irish Papers," one
volume by Mr. H. C. Hamilton ;--of our " Scot-
tish Papers," two volumes by Mr. J. Thorpe ; of
our " Foreign Papers," two volumes by Mr.
Turnbull. Beautifully printed as those Calendars
have been, and perfectly accessible to men of letters
anxious to consult them—yet even here these sub-
stantial proofs of the good work begun by Sir JOHN
RoMILLY as Master of the Rolls, work already, as
we have shown, partially accomplished—the old
Routine, Red Tape, How Not to Do It system steps
in at the tail of all these improvements to spoil
everything ! Insomuch that Mr. BENTINCK is
enabled on Friday last, after mentioning the fact
that 170 searchers have been enabled during the
past year to make among these historical documents
so calendared as many as 12,435 searches—to de-
clare also that all these 12,435 searches have been
made by these 170 searchers in a room so admirably
commodious that it measures exactiy 18 feet by 12 !
No wonder these indefatigable literary gentlemen
are indulged with the luxury of frequenting the
this Black Hole at the Record Office—gratuitously!
It would be hard and extortionate indeed if they
had to pay any fee for shutting themselves up (in
the interests of historial truth) in a den like that.
Remembering all that has been particularised, it is
surely time that something further should be
attempted, and that, moreover, this once, in right
down earnest, in order to render better in every
way—larger, safer, and in all respects more com-
modious and worthy of the object to which it is
intended to be applied—the Record Office of
England.'

It is* but justice to the brave men of Lanca-
shire, both masters and workmen, that their case
should be fully discussed and their position consi-
dered in the House of Commons. The British
Empire ought to know it, that it may sympathise
for the present, and be prepared to act in future,
if action in any way should become a national
duty. Europe ought to know it, that it may learn
how intelligent operatives can bear such a fearful
reverse and yet in no way abuse that liberty which
Britain confers on all. India ought to know it, for
though sympathy does not go far where trade is the
question, yet so much there, of the cotton supply,
depends on the class which can appreciate Man-
chester manliness at the present crisis, that we
can but believe the report of it will stimulate
the zeal of many of the energetic Englishmen in
India who are now working to open to us the cotton
growing districts.

Above all, we think, the Northern States of
America ought to know it. Tuesday evening's
discussion, with reports of some of the proceedings
of operatives themselves, in Manchester, ought to
be reprinted for the special instruction of the
Federal Government and people, if it did not for
ever silence all their unkind thoughts and utter-
ances about the mother country, we should give
them up, as incurably envious. We may suppose
a case, and we know such, in England, of a parish
consisting of but a single estate, not a cottage on
it—yet a large number of men from over populous
adjoining parishes employed on it. In consequence
of some unmanageable litigation conducted by
some impracticable litigators, its cultivation Lis
given up, and suddenly a number of excellent
labourers, wanted nowhere near, find themselves
out of work, and unless they become paupers, out
of food. Even the most anti-British Yankees
would commiserate such perfectly innocent
suffering, and would admire the respect for law
which attempted no violent methods of relief, never
uttering the name of Judge Lynch; and the self-
respect which "to beg," even of the parish, was
ashamed.

But this is exactly the case with out men of
Lancashire and the North. A quarrel of the North
with the South, whet her the estate shall belong to
the two in partnership, or whether each shall take
his own portion and separate from the other, throws
our men out of work, and out of the means of earn-
ing their livelihood by thousands, They have no
earthly interest in the litigation. It makes not the
smallest difference to them who possesses the legal
or political estate, so that the earth itself is but
allowed to yield its produce, and the produce to
come freely to market; The sufferers in Lancashire
have been splendid commercial benefactors to both
litigants, and only beg to be allowed to become so
again. But no—to gratify Northern love of almost
boundless empire, with a territory ample for the
formation not of two only, but of four kingdoms,
the men of Lancashire must starve without a mur-
mur, or, what they hardly revolt from less, they
must, after exhausting their hard-E-arned eavingF,
throw themselves on parish relief. The North
was indeed always afraid we should intervene,
and tried with us, and with France, the ungene-
rous expedient of minatory languago. It ought
with manly shame to confess its error in this re-
spect now ; it ought to show itself sensible of the
wonderful forbearance, in F,ngland, not only of
statesmen who do not suffer to the extent of a sove-
reign, but to those noble millions whom Northern
ambition of empire deprives them of their vet y
bread. If these sufferers in France as well as in ,
Englund, though they are far more numerous
with us, were to demand as one man, and with
angry voice, that the men-of-war, built with the
taxes they have paid, should open the cotton ports
for them, it is not easy to say what our CioVeril-

meat might be compelled to do. If, then, American
senators have any magnanimity, we shall hear in
Congress grateful acknowledgments of the gene-
rous forbearance of Manchester and of all Lanca-
shire.

The change of condition to many of these poor
men is heartrending only to hear of. They have
been earning wages which, according to their dispo-
sition,were spent in very comfortable living,or econo-
mised, and provision made against the "ills which
flesh is heir to." But, amongst those ills, they unfor-
tunately never dreamt of what, like illness, should
deprive, not merely one member of a household
of his earnings, but throw the whole family out of
employ—Northern Americans blockading the ports
of Southern Americans was a casualty less expected
than a flood or a ruinous hailstorm by a farmer. It
has, therefore, beggared thousands of the most
prudent. A deputation from the meeting of ope-
ratives we lately noticed in Stevenson-square,
waited on the Board of Guardians last week, and
one working man, who addressed the guardians
most ably as well as calmly, described his own feel-
ings and course of action most touchingly. He had
been 42 years in Manchester, beginning as a school-
boy at eight years of age—he " would not depend
upon anybody so long as he could work out his own
salvation." "I sold," he said, "every vestige of
furniture, I pawned every article of clothing, I
parted with that which hurt my feelings far more,
a library of books that at one time I would not
have given for £lOO, and of which I have not one
now—l parted with all sooner then I would come
here, and place myself in the ranks of those
whom I knew to have been paupers for years."
and this is the spirit or the men whom the North
call upon to starve or turn paupers, that they may
starve and pauperise their:Southern fellow coun-
trymen into reunion with them ! Mr. BRIGHT
mentioned also some genuine noble-mindedness in
Rochdale. A committee there collected funds, and
gave relief to all who had not earned above a
certain amount—nany of these, if any of the family
had obtained unexpected employment, had brought
the tickets back, that others more needy than
themselves might have them ! Verily, there are
genuine heroes in cotton mills as well as in fields of
battle.

The speeches of Mr. BRIGHT indeed of all the
Lancashire men, were a noble testimony also to the
determination of the great towns and counties not,
as he said, "to send round the hat." Generally,
the rates were not yet ruinously high. This test
is, indeed, somewhat fallacious. Some towns suffer
so much more than others—some are now actually
fed through the French treaty—and the particular
articles manufactured enable some to continue their
industry. Hence, though the average rate be not
high, in some places it is very oppressive. Then
many of the wealthiest, from the nature of their
occupations, pay small amounts to the rates.
Arrangements are, however, in progress to remedy
this by voluntary means. The landed gentlemen
at first seemed to shrink from the prospect; but
the courage and liberality of the manufacturers
appears to have inspired them with a like spirit,
and for the preeent, and for long, it is hoped,
Lancashire wealth will take care of Lancashire
poverty. We trust it will be sufficient—for if the
great manufacturing county of England thus
grapples with this cruel difficulty, it will merit the
admiration of the world.

Sr NE

W S.

BRUSSELS, MAY 12.

According to the Moniteur Beige of this morning,
and more recent information derived from other
sources, the state of the King is satisfactory.
His Majesty's health continues to improve, and
promises to be soon re established.

MESSINA, MAY 11, Evening.
The King arrived here to-day, and was received
with the greatest enthusiasm.

A Te Deum was sung in the Cathcdral, which
his Majesty attended,
The King wilt visit the theatre this evening.
The city is illuminated.

FRANCE.

BOURSE, May 10.—The arrival of the English
funds with a decline of per cent., has produced a
degree of heaviness in this market, but without
causing any very material decline in prices. Threes,
for the Account, being now at 70f. 70c. Railway
market also heavy, and in many cases rather lower.
The market continued heavy to the close, and left
off as follows :

4t per per Cents 97 80
Do end month 97 85
3 per Cents
Do. end month 7O 70
New 3 per Cents
Do, end month 69 55
Credit Mobilier 836 25
Do. end month 836 25
RAIL

Bank Shares —
Credit 1. oncier 1563
Belgian 4/ —
Piedmontesc Fives 72
Italian Loan 7l 8
Austrian .. —
Spanish Threes s2a
Home Debt
7Altd.

Cash. Account.
Orleans l3lO .. 1311 25
Northern
New, ditto . 995 ..
Lyons and Mediterranean 1107 50 .. 1108 73
Geneva.__
klouthern 845 .. 843 75
Western
Eastern
Sardinian 382 50 ..
Austrian - , . 525
Low bard 6OO .. 598 75

AMERICA.

FEDERAL CAPTURE OF NEW ORLEANS.

QUEENSTOWN, MAY H.

The Royal Mail steamship Canada, from Boston
on the 30th ult., and Halifax on the 2d inst.,
arrived here at 11 10 a.m. She brings 108 passen-
gers and 50,000 dols. in specie. The Canada landed
83 sacks of mails and 13 passengers, and proceeded
at 11 20 a.m. for Liverpool ; all well.

NEW YORK, APRIL 29, EVENING.

Advices have been received through the South
which leave but little doubt that the Federals have
captured New Orleans.

The _Richmond Inquirer of the 26th, says:—
" The Federals passed Fort Jackson yesterday,
when news was received that the excitement at
New Orleans was intense. All the cotton and
steamboats, except such as were necessary to trans-
port coin and ammunition, were destroyed. The
telegraphic operator at New Orleans ceased tele-
graphing, as he said the Federds had appear",a
before the city."

General Wool has sent to the Wc.','‘ Department
the following despatoh
" FORTRES, MONROE, APRIL 27.

" A fugitive bla6c, just arrived from Portsmouth,
bring the Petersburgh Express of yesterday, which
contains the following despatch :
" NORFOLK, APRIL 25.

" ' The enemy passed Fort Jackson at 4 o'clock
yesterday morning. When the news reached New
Orleans the excitement was boundless. Martial
law was put in full force, and business was com-
pletely suspended. All the cotton and steam-boats,
excepting such as were necessary to transport coin,
ammunition, &c., were destroyed. At 1 o'clock
to-day the operator bade us good-bye, saying
that the enemy had appeared before the city.
This is the last we know regarding the fall.
W:11 send particulars as soon as they can be had.
The negro bringing the above reports that the
rebels have two iron-clad steamers nearly com-
pleted, and that it is believed that the Merrimac
will be out to-morrow.

" JOHN E. WOOL.
"Hon. E. M. Stanton, Secretary of War."
General M'Dowell writes as follows :
" Head- quarters of the Department of the
Rappahannock, April 27, 1862.
" I have just returned from the camp opposite
Fredericksburgh. I was told the Richmond Exa-
miner of the 26th had been received in town, an.
nouncing as follows:

"New Orleans taken. Great destruction of pro-
perty, cotton, and steamboats. Steamboats enough
saved to take away the ammunition. Great con-
sternation of the inhabitants.

" IRWIN M`DOWELL, Major-General.
" Hon. E. M. Stanton, Secretary of War."
Later there is a further despatch from General
Wool :

"FORTRESS MONROE, APRIL 28.
" The news of the occupation of New Orleans by
our forces is confirmed to-day. No further news.
(Signed) " JOHN E. WOOL, Major-General.

" To Hon. E. M. Stanton, Secretary of War."
The Associated Press contains the following:—
"FORTRESS MONROE, APRIL 28.
"A flag of truce to-day took despatches and
letters to prisoners, No papers received.
" The telegraph operator having left New
Orleans, no further news has been received from
there. The operator attempted to return, but
found the city occupied by the Federal forces.
No other news.

The following despatch from Gen. M'Clellan has
appeared :

" Headquarters of the Army of the Potomac; Camp

Winfield Scott, Saturday April 26, 11 a:m.

"Early this morning an advanced lunette of the
rebels on this side of the Warwick, near its head,
was carried by assault by Company H, Ist Massa-
chusetts Regiment. The work had a ditch six
feet deep, with a strong parapet, and was manned
by two companies of infantry—no artillery.
Our men moved over open, soft ground, come
600 yards, received the fire of the rebels at 50
yards, did not return it, but rushed over the
ditch and parapet in the most gallant manner.
The rebels broke and run as soon as they saw that
our men intended to cross the parapet. Our loss
was three killed, and one mortally and 12 other-
wise wounded. I,‘ e took 14 prisoners, destroyed
the work sufficiently to render it useless, and re-
tired. The operation was conducted by General C.
Grover, who managed the affair most handsomely.
Nothing could have been better than the conduct of
all the men under fire. The supports, who were
also under artillery fire of other works, were com-
panies of the Ist and 11th Massachusetts. In spite
of the rain our work progresses well.
(Signed) "G. B. M'CLELLAN, Major• Gen.

I, Hon. E. M. Stanton, Secretary of War."
Later he has another, as follows—
" Headquarters, Army of the Potomac,
April 28, 11 A.M.
I, Nothing of interest during the night. No
firing on our right, where the work proceeded un-
disturbed.

"On tho left the enemy fired a good deal, but
hurt no ono, nor woe the wrik interrupted. Have
just sent a heavy field battery to silence a gun or
two of the enemy's that have been impertinent
this morning, but nave hurt no one. The weather
has improved, and we are making good progress.
" G. B. M'CLELLAN, Major• Gen. Commanding.
"Edwin M. Stanton, Secretary of War."

Washington despatches also state that the
Federals have occupied New Orleans, although r.o
Federal official account has been yet received.

The news of the Federal occupation is fully cre-
dited, but it did not cause very much excitement
in New York,
as the intelligence being received
through Southern sources did not, and has not,
gained universal crdence. There does not, how-
ever, seem to be much room for doubting its
accuracy.

The Confederates are supposed to have carried
away from New Weans 18,000,000 do's. in specie.
The effect of the news on cotton was not material,

but Federal. Government securities rose 3 ner cent.,
and Treasury notes advanced to 11 pm.
The Swedish and Norwegian Ministers have re-
turned to Washington; they did not proceed to
Richmond.

The Secretary of the Spanish Legation has left
Fortress Monroe under a flag of truce for the South.
President Lincoln has visited the French frigate
Bassenda at Washington Navy-yard. The French
Minister received Mr. Lincoln on board. The
yards of the vessel were manned, and a national
salute fired on the President's arrival and departure.
General Halleck officially reports that General
Beauregard h ,s been strongly reinforced since the
last battle at Corinth.

General Banks's advance has been checked by the
destruction of the bridges across the Shenandoah.
The Confederate General Jackson is said to have
been reinforced, and to be 16 miles from Rarrison-
burg.

The North American was intercepted at Cape
Race on the 27th.
The Bremen has arrived out.

SAY 1, EVENING.
(BY TELEGRAPH TO HALIP?a. AND via QUEENS-

Tawn.)
The arrival of the .:federal fleet before New
Orleans is confirmed.

The Federal commander had demanded the sur-
render of the city, but had retired with all his
forces to Camp Moore, 80 miles away.
The Federals bad not shelled the city at the last
accounts.

A correspondence was going on between the
Federal Commissioner and the civil authorities of
the city regarding surrender.

The Confederates still occupied Forts Phillips
and Jackson, and had evacuated and destroyed the
forts on Lake Pontchartrain.

General Butler's forces would approach New Or-
leans by way of the lakes, and land at the rear of
the city. News had not yet been received of his
movements, but it was supposed he had arrived at
New Orleans.

It is supposed that the Confederate General
Lovell may take his forces to reinforce Gen. Beau-
regard at Corinth.

A portion of the Confederate fleet from New
Orleans is reported to have arrived at Fort Wright,
on the Mississippi, and to have attacked the Federal:
gunboats which were bombarding that fort.
• A battle was expected to take place nor,-11 of
Richmond between- the divisions of Gel:IF:AT:is Banks
and M'Dowell and the Confederates 7:4nder Generals
Jackson and Gustavus Smith. iloth belligerents
in this 'section had been large),y reinforced.
A great rise of the Mississippi River has occurred,
and New Madrid and Columbus are under water.
The freshet is reported to be disastrous in that part
of the country.
A Congressional committee has issued a report
that the Confederates committed inhuman atrocities
upon the Federal dead and wounded after the battle
of Bull Run.

Affairs at Yorktown unchanged.
The cotton-planters in Alabama have restricted
the cultivation of cotton to 5001 b. for each hand
employed, and recommend the cultivation of bread-
stuffs instead.