The Sun.
London, England, 1856-08-28 00:00:00

AMERICA.

LIVERPOOL, THURSDAY MORNING.
By the arriral of the United States mail steam-
ship Atlantic we havo advices from New York to
the IGth inst.
She has brought $190,000 specie on freight.
In the Senate the proceedings were unimportant.
In the House of Representatives the bill making
appropriations for
,carrying the mail in ocean
steamers was considered, and an amendment was
adopted in committee authorising notice to be
given for the termination of the arrangement of the
additional allowance for the transportation of the
mails between New York and Liverpool in the
Collins line. Without disposing of the bill, the
House adjourned.
Washington advices of the 15th state, that the
Cabinet had ordered a discontinuance of the
Kansas prosecutions.
The New Tariff Bill, introduced into the House
of Representatives, will, if passed, reduce the
annual revenue of the country $6,000,000.
The rumour of Mr. Dobbin's appointment as
Minister to France is without foundation.
Californian advices, and specie to the amount of
1,473,876 dollars, have been received.
At New York, a Vigilance Committee was in
existence.
From Havana we learn that yellow fever was
raging fearfully in the island.
Money was easy at New York at 7 per cent. on
call loans. Stocks, though not active, had im-
proved. Exchange on London, 1091 to 109/ ;
Paris, 516}.
Cotton was more active ; Die. to 11ic. for strict
middiing uplands. Flour was in fair demand, and
firmer for common grades and medium extra brands.
Wheat was firmer for now prime lots. Indian corn
was better for sound shipping lots. Pork was at
$l9 50c. to $l9 6216.-- for mess, and $l7 75c. to
$lB for; prime. Lard was firm at 12ic. to 13c.
Sugars were more active; though the turn of the
market was in favour of purchasers, and embraced
about 1,600 hhds. Cuba at Bic. to 9c. To Liver-
pool, grain in bulk and ships bags taken at 6c. to
•

The shareholders of the National. Discount Company
have authorised the director, at a meeting yesterday, to
take the necessary steps for bringing the undertaking
within the provisions of the new Joint-Stock Act.
At a meeting of the Southampton Dock Company yes
terday afternoon, Col. Barlow presiding, the dividend
declared was at the rate of 4 per cent. per annum, and
the report, of which an abstract has been given in T Ice
Sun, was agreed to. The management appears to afford
satisfaction, and the directors are urged to exercise strict
economy.
EMIGRATION TO CANADA AND THE UNITED STATES:—

LIVERPOOL, Wednesday.—The Montreal Steam Naviga
tion Company's royal mail screw steamer Canadian, Capt.
Ballentine, sailed this forenoon for Quebec and Montreal
with the Canadian mails, 220 passengers and a full cargo.
The screw steamer City of Baltimore, Capt. Leitch, sailed
same rime for Philadelphia with 118 cabin and 220 steer-
age Passengers, and a full cargo of merchandise in freight.
Tee Peninsular Company's new screw steamship Aden
tool( out the Peninsular, mails yesterday from Southamp-
ton. She is 900 tons burden and 210. horse power. She
averaged 121 knots by steaming alone during six trial
trips, and reached at one time 13i knots. She is in-
tended soon to run between Bombay and China. She is
c )m.nanded by Captain Weeks, late cf the Colombo.
She is an iron ship, and was built by Summers and Day,
at Southampton, and is the largest iron ship ever built
in that town.
We learn from Simpheropol, by a letter written to-
wards the close of last month, that the Russian troops
hitherto in the Crimea had completely evacuated the
peninsula. Only a very weak garrison has been left
behind at Sebastopol, whilst on the spots formerly occu-
pied by the allies a few gendarmes and a handful of
Cossacks are amply sufficient to maintain order.
The royal group which has created so much admira-
tion and attention from the visitors of Madame Tuasaud's
unrivalled exhibition is now nearly completed, and pre-
sents the most gorgeous assemblage cf royalty ever
before exhibited in this metropolis. The beautiful and
faithful representation of nature here produced by the
artistic taste and execution of the Messrs. Tussaud is
extraordinary 'n the extrema ; also the dresses, more
particularly the female sovereigns, are tasty and elegant,
and reflect great credit on Mrs. J. Tussaud, under
whose superintendence they have, we understand, been
produced.
A MAN KILLED IN A PRINTING-MAOHlNE.—Yester-
day between one and two o'clock a distressing accident
occurred to a man named Samuel Henson, living at No.
9, Brownlow-street, Drury-lane, and employed as a ma-
chinist at Mr. J. E. Tayler's printing-office in Little
Queen-street, Holborn. The unfortunate man was at
work at the machine, when, from some cause as yet
unexplained, he fell in. The machine was stopped as
promptly as possible, but the man was already dead. He
was frightfully mutilated, the head being nearly severed
from the body. The corpse was conveyed to St. Giles's
Workhouse, where it now lies, and where the inquest
will be held. It is said that he has left a wife and eight
children. Only the previous day the hands employed
at Mr. Taylor's establishment had a holiday and a treat
at the Surrey Gardens.
At the half-yearly meeting of the Charing-cross Bridge
Company yesterday the report stated that a reduction of
2,5001. has been effected in the debt of the company, and
that a cash balance now in hand of 4911. will be required
for miscellaneous outgoings just due. The company have
been in communication with the directors of the South-
Western Railway and the Hungerford-market with a
view to the enlargement of the bridge for horse and car-
riage traffic, and the construction of direct approaches
from the railway. Plans have been prepared for the pur-
pose, subject to any modifications that may be found de-
sirable from the contemplated enlargement of the South-
Western station and the formation of the proposed new
street from Southwark to the York-road.
THE PRIMACY OF ENGLAND.—The Archbishop of York
is styled in formal documents " Primate of England,"
the Archbishop of Canterbury "Primate of all England."
The origin of this distinction is said to be as folio vs :
In the reign of Henry 11. a synod of English prelates
was held at Westminster, at which the Legate of the
Holy See was present. It is repo •ted by one historian
that on this occasion the Archbishops of Canterbury and
York were contending for Precedence, when high words
came to blows{ among their respective parties ; the adhe-
rents of Canterbury pulled the Archbishop of York down
from his seat to the ground, and even tore his casule,
chimere, and rochet from his back. The Papal Legate
was so terrified at the sight that he fled from the place of
meeting. Next day the Archbishop of York appealed to
the Pope upon the matter, and the dispute was finally
settled by the respective titles which we have mentioned
being given to him and to his brother metropolitan, the
precedence being thus settled in favour of the See of
Canterbury. In like manner the Protestant Archbishop

of Dublin IA called PrilnaTeOfWeiand, and his Grace of
Armagh Primate of all Ireland. The Lord Chancellor
for the time being, we may here remark, ranks below
the Archbishop of Canterbury, but above the Archbishop
of YOrk,

PROJECT OF AN IMPERIAL OTTOMAN

BANK.

The particulars published to-day in the advices
from Constantinople of the terms proposed by the
Turkish Government for the establishment of a
National Bank exactly confirm the telegraphic in-
formation given in the Times of the 9th inst. Some
further details are at the same time added which
tend to increase the objectionable and unbusiness-
like features of the scheme. The general conditions
are as follows :—The Bank is to have a capital of
3,000,0001., of which 600,0001. is to be paid up
immediately and deposited in the Bank of England
or the Bank of France ; the institution, within the
limits of its statutes, is to be entirely independent,
but a certain number of the directors are to be
Turkish subjects, and the nomination of the Go-
vernor is to be in the hands of the Government ;
the central establishment is to be at Constantino-
ple, but such branches may be opened as the Go-
vernment may designate. No money is to be lent
to the Government, but, in order to aid agriculture
advances are to be made both upon fixed and
available property, under a mortgage law to be
framed for the purpose ; the Bank will be confined
to a maximum rate of discount, and also to a
maximum rate of allowance for loans or deposits, it
is to have an exclusive right to issue notes, pay-
able on demand, to the amount of 3,000,0001.,
which are to be a legal tender ; and the Govern-
ment are to withdraw all their existing paper
money, and to bind themselves never to resort to a
new issue, or thenceforth alter their monetary sys-
tem. Accounts are to be published periodically,
and the' charter is to exist for 25 years. In return
the Bank are to invite subscriptions for a Five
per Cent. loanfor 5,000,0001. at 90, to be employed
in the redemption of the depreciated currency.
A. proportion of this loan must be taken by
the Bank, it being a condition that the con-
cession for its establishment shall be granted
to such persons as may offer to Lice the largest
sum. Tho loan is to be specially secured by the
tribute of the Principalities, and the instalments
paid are to be employed in the purchase of Turkish
bonds when they are not immediately required for
the extinction of the debased currency, which must
necessarily be a work of time. Some of these regu-
lations are not only unexceptionable, but are such
as must necessarily be stipulated before any persons
would entertain the idea of committing themselves
to the undertaking. Among these, the provision
that no money is to be lent to the Government, or
any of its departments, is most essential. The main
defects of the scheme consist in the attempt to con-
trol the value of money, by fixing the maximum
rates at which the bank shall either lend or borrow
(a feature which, together with the nomination of
the Governor by the State, seems in harmony with
French rather than English ideas), and the offer
to grant 'the concession to any persons who will
make the most reckless bidding for it, instead of
selecting the most solid financial names that could
be attracted. It is believed, however, that since
the issue of these proposals the Turkish Govern-
ment have seen the necessity of modifying them,
and that, as was mentioned in the Times of the
13th, a leading European house, in conjunction
with other capitalists, native and foreign, is now
seriously negotiating on the subject. Should the
concession ultimately be adjudicated to inferior
persons, it is to be hoped all London capitalists will
shun the undertaking, since, notwithstanding the
provision that no advances are to be made to the
Government or its officers, any set of people not
suficiently honest or independent to resist impro-
per influences would soon evade the precaution by
discounting Treasury bills without limit, and treat-
ing the notes of Government functionaries as if
they were commercial paper. Reasons for regard-
ing all Turkish projects with caution have been
furnished moreover by the conduct of the Go-
vernment in the preliminaries of this scheme,
which above all others should have been scru-
pulously managed, but which is alleged to have
served for the display of an amount of bad
faith that must retard for some time the revival of
that confidence which was originally broken by the
intrigues connected with the first loan. It is
rumoured, likewise, although nothing yet has pub-
licly transpired on the subject, that the most re-
spectable contractors and capitalists who have
lately entered into negotiations for Turkish rail-
roads are experiencing the impossibility of relying
even upon the most unqualified and definite assur-
ances proceeding from Constantinople.—Times'
City Article.