The Sun.
London, England, 1856-11-12 00:00:00

THE SERPENTS' ISLAND.

A letter has just been received from Constan-
tinople, from which we extract the following :
" The Russians have made another attempt to
land at the Serpents' Island. They sent a steamer
there to land provisions, water, and clothing for
the seven men, as well as different materials
for the lighthouse. Captain Vansittart, of her
314jesty's ship Magicienne, the superior officer
in command of the station, went on board,
and informed the Russian commander that
he could not allow him to land, but that he
was ready to take off in his b tat he provisions
and c!eehing, hut not the materials for the light-
house, as the latter has been in a perfect state
since the 15th of the present month, displaying
a splendid revolving light after the best model,
and with the latest iinprovermlnts. He offered
likewise to take the commanding officer with him
on shore, and allow him to communicate with his
countrymen. While the conversation was car-
ried on a boat pushed off from the Russian
steamer towards the island, but was prevented
from landing, and the Russian steamer departed
re Week, after having given over the provisions
and clothing.

The Paris correspondent of the Morning Post
(second edition) says :
" I believe I am correct in stating that public
affairs will prevent his Mjesty from visiting Fun-
tainbleau as was originally proposed.
" At the Council of Ministers hold yesterday
at St. Cloud some important explanations took
place, which may affect the modification of the
Ministry, at least to a certain extent.

" The French Government has not fixed on any
period for the meeting of the conferences, as
stated by some journals."

The Paris correspondent of the Times (second
edition) says :--

" The Ministerial crisis—if such a thing as a
crisis, in the ordinary acceptation of the word, be
possible under the Imperial regime—is said to be
over for the present. Whether it recur soon will
depend on the measures that may or may not be
adopted to satisfy the just demands of the large
portion of the people who are discontented or
suffering. Two or three members of the Cabinet,
at all events, have spoken their minds very freely,
and, under the circumstances, very boldly, on the
present state of affairs. It may be admitted that
the evils which afflict so many of the population
ought not to be attributed to the Government,
but, at least, the Government should avoid
giving any pretext for imputation. When the
people find, for instance, that the representative
of France at the Czar's coronation may combine
the character of ambassador with that of a specu-
lator, that the concessions obtained are not exclu-
sively political, and that private interests are at
least equally cared for with those of the public, it
is no wonder they should murmur. Again, it is
just that the Emperor should have time for relax-
ation and relief from the severer occupations
of State, but surely there is no very pressing
necessity for the resumption of the festivitiea
of Compiegne at Foutainbleau while masses
of the people are in indigence ; and five
months out of the twelve should in all con.
science suffice for mere amusement. No one
even
neves
duringthat
his neglects public business
these
but they like to feel the
hand that governs them, and the hand cannot in
safely be so long withdrawn. Those about the
Court who are most attached to the Lmperor's
p~rsob, and really 1"-"fr-11 of his popularity, are
doing their utmost to dissuade him from going to
Feoentin _with what :mecca runaiva to be
n. a
As blea
mightu be expected, the hostile political
s
parties are leaving nothing undone to excite the
ill-will of the people, and in soraucasee, I fear, sue,
Very energetic measures of repression
must be taken before long ; but the repression
should be applied elsewhere than in the streets.
To remove diecoutent and silent murmuring, the
es which justify or excuse it must be radi
ceaalulserentoed. / lave reason to believe that this

view of the question was placed before the Ernpe•
ror on a very recent occasion.

"Several arrests were made yesterday and the

day bofore.

" The i';'ord announces that the Commissioners
of the five great Powers are to settle at Constan-
tinople the question of the Principalities and the
Black Sea, 13olgrad, and the Isle of Serpents ; but
I am assured that, as respects that Commission
and the meeting of the Congress in Paris or Lon-
don, nothing is as yet decided."

The correspondent of the Times (second edi-
tion), in a letter dated Constantinople, Nov. 2,
says

" The separation between Prance and Eng-
land, and the revival of their rival policy iu
Turkey, has not only spoilt the chance of a set-
tlement of the dispute between Bolgrad and the
Serpents' Island, but it is likewis.3 daily compli-
caled by the question of the Principalities. On
Tuesday last the Conference was held for
the discussion of the fitman for the convoca-
tion of the Divans ad hoc. You will remember
the stroke of policy which the Turkish Govern-
ment attempted, by communicating the draft first
confidentially to the English and American Am-
bassadors in order to gain their consent for the
`note explicative' which was to have accompanied
it. As you know, the representations of the
French Ambassador were so stmg in conse-
quence that the Ministry gave up the note
explicttive.' But this was not enough. As
might be expected, the French were by no means
disposed to look favourably on a project which
was brought forward under such circumstances,
and at the first conference the French Ambassador
came forward with a counter project., which was
adopted by the majority of the C. z erence, but
which, as is natural, will in es details find as much
opposition as the foi flier.

" While this skirmishing is going on in the
private relations of the Western Powers at Con-
stantinople, there is one great proof of a separa-
tion visible in broad daylight, and this is the
presence of a considerrble English squadron, and
the absence of the tricolor, except on the stern
of the Ajaccio, attached to the French Embassy
and the Roland, which has retired deep into
Beicos Bty awaiting the departure of Feruk
Khan, the Persian Ambassador to France. Tne
Russians have tried to take advantage of this
separation between the movements of France and
England to ask he Turkish Government to pro-
test against the presence of the English fleet, as
contrary to the convention, but they failed in
tht'ir attempt. This attempt shows, however,
that they think their time has come.

THE OPENING OF THE BELGIAN
LEGISLATIVE CHAMBERS.
BRUSSELS, Nov. 11.
The session of the Belgian Legislative Chambers
was opened to-day by the following speech from.
the King
"G,nilernen,—l longed to find myself again in the
midst of you, to address to the nation the expression
of those feelings of happiness which have been impressed
upon me by those brilliant to tinstonies of affection and
devotion which have been afforded me on the occasion
of the 25th anniversary of the inauguration of my reign.
"Those manifestations, arising out of the patriotic
initiative of the Chambers, will not be fruitless to the
country. They will rai•e it higher in its own estima-
tion, and will obtain honour for it in the eyes of the
I)reigner.
" Our international relations feel its influence. Never
have they been marked by a more kindly character.
"Providence, in granting us the blessing of a gener-
ally abundant harvest, has brought back security to a
great number of families, who have been suffering many
sacrifices and privations during late years. Neverthe-
less, the problem of public food must continue to occupy
our warnsett attention.
" The triennial reports which have just been published
prove the solicitude of my Government for the advance-
tnent of primary and secondary instruction. An in-
terest no less gre& is felt by it for the dissemination of 11
superior system of instruction. The opening of the
academical year has furnishA it recently with the oPd"
pertunity of reverting to those principles, the firm and
sincere application of which must ensure the prosperity
of the Universities of the State.
"The movement of our national literature has not
lessened. The arts and science 4 shine not with the same
splendour, and are extending every day their useful ap.
plications.
" Moen progress can be vet realised by our agricul-
tural industry. With a view of assisting it my G vern-
ment wail propose to you the revision of our iegi lation
in respect to water c us:a s.
"Industry f ors tws more t' an ever from the riches
ash el, gauce of its forms. It is nece-nary to ceesPiete
the legal guarantees iu favour of the property of models
and the desigss of manufacture.
"The commercial situation of the country is on the
whole satisfactory. A law vote iu the last session has
settled the basis of our commercial regime. I expect
from the wisdom of the Chambers that the revision of
the tariff of our Customs' duties will be continued in
that spirit of prudence and of moderation which measures
to which such vast interests are attached must neces-
sarily demand.
"I have concluded a Convention of Commerce and
of Navigation with his Majesty the King of Greece.
Negotiations have commenced with other states to place
the stipulations of treaties in harmony with the prin-
ciples of our new maritime system.
"I verify with satisfaction the augmentation of the
products in many branches of the public revenue.
"A project of law to make some modifications in our
legislation relative to patent right will be submitted to
your deliberations.
" The numerous changes which time and circumstances
have occasioned in the eevenue relative to real property
are an obstacle to the just essessruent of the local im-
p •sts in the provinces, the communes, and in particular
places. New land valuations are indispensable, in
order to re-establish a proportional equality in the ap-
plication of this impost. To effect this object a project
of law will be presented to you by my Government.
"Propositions will be made to you to ameliorate in a
c.rtain degree, and in a permanent mannner,.the con-
dition of the inferior employes of the State.
The gradual revision of the Criminal Law will take
its course. Some articles of the second book of the penal
code will be submitted for your approval.
"The main enance of the inmates in the depots of
mendieity tend to increase the debts of the communes.
My Government is engaged in the consideration of mea-
sures to diminish those changes. Measures will be
prtposed to you with that object.
"My Government att tches a special importance to
the project of law regarding the establishment de gen-
faisance. I hope that it will be shortly discussed.
" Our citizen militia have shown an eagerness on all
occasions to manifest the excellent spirit that animates
diem. On the other side the army has not ceased to
merit all the sympathies of the country.
"The most searching investigations have been ordered
with the vie a of furnishing to my government the elements
necessary to be submitted to your consideration, as to the
means best calculated to reconcile the great interests in-
volved in the defence of the country with those of our
natiooal commerce and our maritime metropolis. I re-
commend the solution of these questions to your cha-
racteristic patriotism.
"The great works of public utility undertaken by the
State will be followed up with activity.
" We have seen this year new roads of communication,
opened. Many lines of railway, sections of routes, and of
canals have been opened for general traffic—thus extend-
ing and completing without interruption the communi-
cation between the diff ren parts of Belgium.
"Gentlemen, the pr jects of law, the ptessntation of
which is, writ-tonne-0, asd those which the Chamber has
alr,a,iy in hen', give to the labours of the session now
a greet importance. It is tot you to render them
fruitful ior he f use t •be cou,,try in giving to LaY
tier loyal and active support."

FRANCE.
PARIS, TUESDAY.
A Council of Ministers at which the Emperor
presided was held yesterday at the Palace of st,
Cloud.

—• •
The Emperor yesterday received letters from the
King of Denmark putting an end to the mission of
Count de Moltke.
The 3loniteur contains decree,, making nurner:
ous promotions and appointments in the ranks of
the magiszracy.
The ,Issemblec Nationale concludes a long and
illogical article by expressing its firm conviction
that the English g>vernment meditates tno armed,
occupation of Sicily. It is unnecessary to point/
out the improbabiiity and even theabsurdity of
this statement, which was first given to the world
by an obscure German paper. Our contempnrBrl
thus expresses itself :
" The Englsh journals do not deny tbat their intem:
tier) is to inflict is humiliation on Russia. Bola-rad go'
the S,rperits Llard du noc appear in their eyes any m' re,
than in ours to merit the 11,,i,s ,
-R. they have eraated. 13161:i
in their ides, if ; 4
Ls oullgeu, to give was?
itt e diplomatic quarr..,l gained by them with the
a"i'''auco of France will rzise their country 'l4
V,e eyes of the werii and restore its prestige in tb:
East. The Muscovite phantom appears to them more
,nenacing than ever. Hatred and fear blind thew,
England hatss and fears Russia. From Stockbolni
r,O Herat she finds her everywhere powerful, if nct
A-kmacitig• The security of England depends to 0,
certain extent on the weeuiess and humiliation 01:
rit-r rival; this 13 her policy. France neither batli
ner fears any rival power, a d the English alliance wi_:
not succeed in inspiring her with sentiments so contrarY,
to her nature. She has waged war in order to prevent

gi Cash. fr, c End of Month.
ill Per Coots
tPer Cents 66 50 66 60
,Dew L3All - - --
*lnk 8b -res 3,825
R /than ....
.heredit Mobilier 1,251 A as, rian ..........
15elgian Fives...... — Sp,nish Threes......
"edtoontese (5) B9 Home Debt .........

........... 86
84i

Orleaz,
Xorthern.
Ynos: *** : ****
editerr **** ****
etCal rbi G"n
.Yo•
teen eva

•
RAILWAYS—FOR CASH.
I'r c.
...•..1,19` fr. c
Western ...............
..... 815 -- Strasburg .. (x el) 7SO
•...1,230 New Ditto (x d) 720
••..1,530 Grautl Central ... 553
64 ; Test,'
.... 660 Austri o Corn.

750 -

LOM.,,i)xwA
The (' AND VENICE.
mg letter
,orrespondenee Stefani publishes the follow-
:

MILAN, Nov, 4.
the po
In he li'ir ;
bt between the Ist and 21 of this month
litce of Brescia effected the arrest of a number
of individuals who were engaged in printing placards,
iin which the character of the Austrian government
liaBA arraigned, while sympathy was expressed for the
onNtuntatese governrnet,t The police allege tba the
Were seized their prisoners in the very act. There
'ler!) seven persons arres,ed.
rAustrian agents and Viennese commissioners have
tilited Lodi and other towns express y to arrange fe
ojaereocie l-
ption of the Emperor and Empress of Austria
kilo the richest landowners of Lodi, who is well
"'led h
wn for his devoted submission to the Jesuits, ha-
~'oo, i
f! pa aace as an imperial residence on this occa
. nti
exmple of attachment to the house of tAu-
as yet in Lombardy, and it is furnishe,, by
he r of que
that party which, since the cone usion
e cone concoof rd regards Austria as the sword and buckle)
Illoman Church.
few Copies of Gioberti's book on Catholic reform
ba°ecrept in here. Many clergymen have read tbis
t uric, and I am /issued that our inferior order of priests
4°6 been d
reforms eey moved the thoughts on religious
contained in this booby k. "

TRE PRINCIPALITIES.
4';lle Monitear de l' Armee has the following :
A letter from Bucharest of the ":sth states that
le Austrian Government has just confirmed Lieut.-
Vat%neral de Marziani in the command of the Imps-
troops for the time they may have to remain
1,.*41. the Principalities. He will have as before under
""8 orders General de Gahlentz, who has his head
"part at Jassy. The points where the Austrians
have
garrisons are—in Wallachia, Bucharest, Ter-
govst, Ibrail, Giurgevo, Krajova, and Klafat ;
4111,(1 in Moldavia, Jassy, Husch, Gal
z, and Doro-
4u(lia• In the early part of October, detachments
ts,awere sent from other points to Ismail, Rani, and
. Since the departure of General Corcnini in
only last, the effective strength of the corps of oc-
npation has not been increased, but frequent
kovements of troops have taken place in conse-
qttence of its being necessary to lighten the burden
pa the people, whose resources are very restricted
flt v►as these movements which 2ave rise to reports
the army having been reinforced b fresh arrivals
troops.' y

BRAZILIAN MAILS.

Riven ItnVal Brazilian Mail packet Avon, Captain
'vett A
arriv -Atniralty agent Lieut. J ,hu
.Brown, R.N.,
.A4ll ed at Southampton yesterday with the South
liiieenrlean mails. Her dates of Failing were A.Yres Oct. 2 ; Monte Video, 5 ; Rio de
;
e,„ Bahia, 19 ; Pernambuco, 21 ; St.
bon nt, 29 ; Teneriffe, Nov. 2 ; Madeira, 4 ; Lis
Th 4
Nue r?lght on board included diamonds of the
/06i. of 36,932/., jewellery 500/., gold 5001., spec e

BRAZIL.
peiltilt° ist JANEIRO, Oct. 14.—1 n a commercial
most of view, the past month has been one of
.the
In l" ilt portant we have ever known in this city.
haa-4111L.Purts--principally flour—the business done 1%1,17" enormous ; and the quantity of coffee
in ;,'()r exportation has never before been equalled
th,77 one month. The flour was purchased prin-
RredY for re-exportation where there has been a
cent,at Sea.reity, and prices have increased almost
, Per cent.
be he total sales of coffee in the month cf Septem-
liar ~each 300,000 bags, of which—for the Sates,
43 at,'""o ; for the Chann• I, 90,000 ; Mediterranean,
Ivi:i7,. ° ; Cape of Good Hope, 2,000. The prices at
v 4 41 this enormous quantity of coffee was sold
'31:1 little from the rates previously quoted.
beenlahal)P, in which a very large business has
eonnt;"e, opened at 271- to 27g. Some few ac
jo the e
passed at 271, but 274 has been, and
9) llllinc' rate. Discounts are quoted 8, to
ereetit. 'z)
Tb
into , Population of the empire of Brazil (divided
putTlisl,ntY Provinces) is stated by the recently
nlbah.ro. Brazilian journals to amount to 7,6;7,0.00
4re , e tants.
The provinces highest in population
1,20n4,t1as Geraes, 1,300,000 ; Rio de Janeiro,
50 -n,'"u,, ° ; Bahia, 1,100,000 ; and Pernambuco,
lati,'Z' The province having the smallest popu
The 1 a Amazonas, which contains only 42,600.
tia railway from Rio to the foot of the Serra da
secirlB4 miles nearly in length, is in a forward. state,
184, exjaected to be ready for opening in June,
spee•fi which will be some time before the date
The
ea in the contract,
me
first elections at Pernambuco under the new
t., sof electoral circles have passed off with less diis-
-4_,lrioance than might have been anticipated in this
ti 3, oxent province, but considerable anxiety is felt
sawn e G"ertnent respecting the results of. the
nd and more irni portant elections for deputies to
the Imperial Le,is, ature.
.Another slave.;
St. Alain°, the
spot where the fo rn
The , w
-r— r
naes been seen off
Wag
captured.
seetiont_avilin
Tbe
.pernaloatmeo
import market is plenteously.
arrive. The coastin.are now beginning to
the superior Qualities.gof trade 13 at present absorbing.
deed at COEerably higher prices than
B"ga!' atthlgh prices,
in-
obtained folic
some time. . have been
beenlt is rumoured that Colonel D
• •
rummonii,
of
El in prison for the last three months on wachcoohinaist
4. his
supposed connexion with the slave importa-
Li -
°lll is about to be released.

(BY .ELECTRIC TELEORAPII.)
SCURRY HANDICAP.

Sunrise

Ten ran.

A 5).
10P4111ERCIAL INTELLIGENCZ.

Tue demand for discount accommodation at the
Bank of England and in Lombard-street is becom-
ing wore active than it was, but the resources of
the national establishment available for discount
operations are believed to be ample, owing to the
recent reduction in the other securities. Part of
the increased inquiry is attributable to the Stark
Exchange settlement, and the unfavourable impres-
sions produced by the unfounded rumours recently
circulated.
There are fears, however, of a further applica-
tion of the " screw" at the Board meeting to-mor-
row. On this account the public are eager bor-
rowers, and the discount market this morning is
described as being very tight. It is rumoured that
the Bank will refuse to discount bills of a longer
date than 30 days, which, however, is not generally
believed.

In the market for English SecuritieS there is very
little animation, but prices, on the whole, were
well maintained in the early part of the day.
Soon after the commencement of business prices
tended upwards, but they have since ruled
flatter. The investing public, as well as the
time dealers, are operating very cautiously,
and the market consequently presents a
dull appearance. Consols have been 921
and 928 for money. The account values have
been 92k 93, and 93, buyers. They are now
about 92/, buyers, for December, and were being
depressed in consequence of the rumour above men-
tioned. The New 3 psi Cents. are9ll 4f the RA aced
and the New 21 per Cents. 76. Bank Stock
is 214 and 216, and East India Stock 2261. Ex-
chequer Bills are depressed at 2s. discount to par ;
the Bonds are quoted 984 11, and East India Bonds
3e. premium.

.-............
BUENOS AYR ES.
BUENOS AYRES, 00T. 2.
iligeneral trade in produce is very brisk, but not so
11,3P;°1-18. The roads from the interior are as yet
foi'lly ifhpassable; when these improve the demand
~_ Roods will be inr. ased. Vague apprehensions
:::: still felt regarding the intentions of Urquiza,
11%15 thought by some to be husbanding his ra
4,,",ree% with a view of taking hostile proeeediugs
4paraEL:4lllsit tuenos Ayres, in retaliation for her having.e
ted herself from the Confederation of th
Ntine provinces.

The transactions in Foreign Stocks have been
very limited, but some of the quotations have ad-
vanced. Turkish 6 per Cents. have been at an
advance of to 1 per cent., being 90,t 1, and
the 4 per Cents, are 100. Mexican stuck is
22 to 221, Belgian 41 per Cents. 97, and
Dutch 4 per Cents. 95/. Buenos Ayres have risen
to 90, although on what precise ground has not
transpired. Tue Committee of Spanish American
Bondholders have received no advices by the Avon
relative to this debt.
The following are the nominal prices of Foreign
itocks :—Greuada Deferred Bonds, 61 74- ;
can, 21 221 ; Peruvian 41- per Cents., 76 8 ; ditto
3 per Cents., 54 56 ; Portuguese 3 per Cents.,
13 5 ; Russian 5 per Cents., 106 8 ; ditto 44 our
Ce its., 95 7 ; Spanish 3 per Cents., 411 42 ; dit •
Deferred, 23 23k; ditto Certificates, 5 ;di to
Passive, 516.}.
The dealings in the Railway Share Market to-
day have been to a fair extent, notwithstanding
the dealers are generally engaged in making ar-
rangements for the settlement on the 14th iust.
The charge for conveyance on most of the
chief lines is about to per cent. An improve-
ment of about per cent. may be quoted on the prices
of yesterday on the business done this morning.
Caledonian, Great Western, Lancashire and York-
shire, South-Western, Midland, and North-Eastern
Berwick are all at improved values. The Foreign
and Colonial lines are dull, with no material alte-
ration in quotations to notice. Sambre and Meuse
declined 10s.

Joint-Stock Banks and Miscellaneous shares are
dull, at former prices.

MONTE VIDEO.
hdrfairs are quiet in Monte Video,
4,VY so to continue. A good trade is doing.
~
and seem
ill '44e at Bahia is reported to be excellent, troth
gp,t,e,klports and imports. In sugar the stocks are
ti,;„'ilog Nrefy low, and no large quantities are ex-
ifti'Led to arrive bt.foro the month ot December.
.2,er,op i,4 ,-stimated to be about a fair avera,!2e.
bogie-`" Rio Grande th re is a brisk and profitable
es cloin in goods, as the markets are barely
11111)pli d
4,, ,''4 ) snugcr is every symptom of a scanty
4 t'P'Y of goods from Eng,land.
•
___________7
hl'r'"e Adalb,rt, of P. ussia, has fudy reerwer,d from
bir ht)(l3 he received in toe combat with the It tf
. 44,4.
41.4 German edition of the collective verkg nt Francis
by4tl:' has just appoared at Leipje, with an introuuction
Alelot7"'rabl°
TN 4-1-f. Von Humboldt.
t' 1114r' '-'r• teddetne has been elected for the fifth
tide mayor cf itot4B6y.

sitITISEI FUNDS TEIIB OA V a r ONTR, O'CLOCK.
(From, the Offictzl List.)

Sank Stock
3 .ex uout. iteducei Annuities 214 16
91 3 per Cent Consols Annuitiest 5
NPry 1 per Cent. Einnnities
New 2i per Cent. Annuities
India Stock
226
4.:1(.q)
Ditto, under 1000 .".
3 p
Consols .or account
92 3 2
E :ltiluquer %Ws, 41
eloo
.....
mall ................ ...... .
1
Ditto Bonds, 1858, 34 per Cont 984 a
PRICES OF FOREIGN FUNDS AT ONE O'CLOCK.
Bonds. 5 per Cent.
Ditto New, 1852, 4 per Cent.
....
98
uenos lyres Bonds, 6 per Cent.
Ditto Ac:;ount
...... 90
; per Vent
22
I,itto Account
Ta ln,
;3 pur cent
Ditto Account
Ditto Guaranteed, per Cent,
6en
~:1, in Lonnou.
francs
,eexx..2235 francs .. ......
95i
TWO O'CLOC L.
Bell!iiitatttno°,442,:erCreeCne.n:!'t.t.:ertificates

Cup s,,ls (Money)
Ditto (Account)

E.sex on Monday,
time this season ; and s, 'Yg
yONE OF THE
Snow fell at Lyons on Saturday. night for the first
MI7NIFICENT ACT (IF BENEVOLENCE
CITY COMPANIES.— It having' become known ti the_
the Middlesex
Goldsmiths' CoinpAnv that the income of
Hospital Wig ina ,«Auate to its necessary
expenditure, at
a recent court the
cooinany voted 2001 in aid of the
fates of that useful charity.
GALLERY OF ILLUSTRATION. —l'll9 16. HORTON'S
ENTERTAINMENT.—After en absence of several weeks,
during which period they have made a most stleces:fnl
tour through the provinces, Zit.. and Mrs. T. G. f.. 1
"
wit! reappear in their popular enterta r.‘3
inment at the -
„
lery of Illustration to nan,rovo (Thurefirty) eveningt
MADA3IE TIISSAIJD'S EXHIBITION. The portrait of the
King ~1 Naples has lately excited considerable attention
ant; curiosity from the visitors, caused, no doubt, by the
interest excited by the unpleasant relation now exising
with that monarch and the Western Powers. Tne
curiosity is likely to continue, as no settlement or
friendly intercourse is apparent or probable for some time
to o,,(Le.
RIGA RAILWAY COMPANY.--It is said that the Riga
Rail way Company have been offered a concession upon
1/3.44 inadequate terms than those accepted for the general
group by the Credit Mobilier. Instead of 5 per cent.
being granted, however, as was originally promulgate,
it is thought thatlimit, exclusive of sinking fund,
will not much exceed 4B—a prospect which would rendfr
the floating of thu shares doubtful. Possibly further
negotiations may take place to obtain a different result.

Russia from arriving at 'Constantinople, ceithout obey- iLIVERPOOL RACES.—(This Day.)
any oth:r ieterest than that of the European equi-
libridm ; and, the war terminated, she sheathed her
award without seeking the hianiiiation of those she
had vanquished. Her policy is to be ju-t, and she
only obeys her traditions when she likewise proves
her.elf generou. H er;,: evea, we believe with the
Voniteup, that the Eeeli,h alliance must he nia:n-
tained as far as it is possible, and we treoit that
it can be maietainse,. Tee clouds which have re-
cen,ly arisen will disappear The English govern-
bent will return to a more healthy appreciation of the
conditions which are essential to a serious alliance ; for
if it does not inspire the somewhat cynical confessions of
the Times, certain of its acts show that it is too ready to
consider its allies as the instruments of its ambitious
/lows, or of its hatred. This is a species of alliance
Which, without respecting treaties, may be rractised at
Constantinople, but which must be abandoned in Paris.
We cannot terminate this article without saving a
word of a projected landing and occupation in Sicily.
attributed to the Eeglieh government. The German
Papers have as Set oeiy alluded to this circumstance ;
the., English journals are silent on the subject, al-
though they have bad sufficient time to contradict it.
"e will not exaggerate the importance of this eats
ent, but we are cenviriced that the aim of Enelaed in
!15citing new European complicatiens has been to esta-
blish itself, directly or indirectly, in Sicily. This we
have often asserted, and it cannot be too often repeated.
lu'ut this is a point Where she cannot fail to encounter
el and firm opposition on the part of France. Our
algae wo kings in endowing France wi.l Algeria not
enriched her with a new kingdom, but increased
and consolidated her power in the Maditerraneae.
Permit the English to establish their p.eponderance in
Constantino le and to obtain a feiting in Sicily would
beto deliver up to them that sea wl ich Nap ,Icon de.
tired with rea-on to convert int a Freno% lake "
1301J/I,SE, Nov. 11.—The folhwing Were the last
guotati,,ns

CITY, Two o'ol.oex,
The Liverpool Cotton Market yesterday closed
quietly but firmly, and, compared with Friday,
rates of Americans were a shade dearer, but other
de•criptions remained without change. The sales
were 4,000 bales, of winch 400 were taken for ex-
port. T'eu Railway Share Market was quiet, but
subsequently closed with a dull appearance at
Monday's prices.
Accounts from Ma irid of the 7th inst. state that
a Government decree, announcing an extraordinary
credit of 50 to 60 millions of reals, has been opened
to the Ministry of Commerce, for the purpose of
purchasing grain for the destitute classes. Already
large arrivals of wheat have been bought, and the
speculators are obliged to open their granaries and
dispose of their stock at a moderate price.
Commercial advices from Belgium contain the
official analysis of the export and import trade of
Belgium for the year 1855, compared with the pre•
vious five years. From this table it appears that
the external trade of the country is progressing
satisfactorily. The average of the years 1850 to
1854 has been exceeded in the year 1855 by as
m ich as 28 per cent. The united imports and
exports for that year were valued at 1,376,000,000
francs, being 41 millions more than in 1854, and
298 ditto than the quinquennial average. The im-
ports for consumption and in transit amounted to
678 millions, and the exports to 698 millions. On
the year 1851 this shows a diminution of 2 per
cent., and au increase of 25 per cent, on the ave-
rage. Tee imports of foreign merchandise amount
to 354 millions, or 10 per cent, more than in the
preceding year, and the Belgian exports to 371
millions, or 10 per cent, less.
The Foreign Exchanges yesterday afternoon were
generally rather lower, including the quotation on
Paris. On Hamburg, however, there was a trif-
ling advance. According to the latest advices from
New York the exchange on London was maintained
at its previous point; consequently a small profit is
still derived from the export of specie .to this
country.

:01)
to(
100
:06

20
20
20
331,

tOO
100
100
20

„i 0 N E MARKET/ 50'