The Sun.
London, England, 1856-11-17 00:00:00

THE SUN, LON'DON, MONDAY EVENING, NOVEMMER 17, 1856.

We have had canards in abundance of late to , there can be no necessity for making ample provi-
teash us caution, and nowhere do the adepts in sion for fu':ure contingencies by hoarding or keep-
the manufacture of this article flourish in greater I ing locked up in his strong box the money which
luxuriance than in the United States. Consider- in the hands of the different banks would be avail-
ing the time that must necessarily elapse before able for general use, and, judiciously circulated
the results of the polling in the various States
could be totalised, and the result conveyed to this
country, the announcement seems somewhat pre-
mature, and there remains reasonable ground of
hope that a denouement, which all Englishmen
worthy of the name have long deprecated, has
not come off, but that a choice worthier of our
transatlantic cousins has been made.

throughout the country, would completely remove
any commercial panic, the teterrima cause mali.
We see that this effect has been equally pro-
duced before, as well as since, the resumption of
cash payments under the Act of 1819, and even
more decidedly so since the fatal measure of 1844►.
An increased issue of paper brought back to the
Bank the bullion that had been withdrawn under
more stringent regulations. The efficacy of a prin-
eiple diametrically opposed to that of the Bank
Charter Act is thus clearly established, and yet,
with a perverse obstinacy that would be ludi-
crous but for the fearful amount of suffering and
privation thereby occasioned, our rulers cling to
the enactments that have produced such wide•
spreak misery and destitution, and the people,
insensible to the (muses that have brought so many
families to poverty, remain indifferent and apa-
thetic with respect to the all-important question.
We shall adduce a few cases which, as we
conceive, fully establish the accuracy of the above
assertion—viz., that every former commercial
crisis has been arrested or alleviated by an en-
larged issue of bank notes. Exactly what the
existing monetary code expressly prohibits, giving
in lieu thereof a most unwise and ruinous con-
traotion of the circulating medium, at the critical
moment when a totally opposite course is impera-
tively required, and we shall in each case adduce
authorities which cannot be controverted or im-
peached by the most enthusiastic bullionist.
The first epoch to which we think it useful to
refer is that of 1793, on the breaking out of the
war with France, and we learn from the report
of the celebrated Bullion Committee of 1810
that " In the year 1793 distress was occa-
sioned by the failure of confidence in the country
circulation, and a consequent pressure on that of
Landon. The Bank of England did not think it
advisable to enlarge their issues to meet this in-
creased demand, and. their notes, previously
issued, circulating less freely in consequence of
the alarm that prevailed, proved inefficient for
the necessary payment. In this crisis Parliament
applied a remedy, very similar in its effect to an
enlargement in the advances and issues of the
B Ink. A loan of Exchequer Bills was authorised
to be made to as many mercantile persons, giving
good security, as should apply for them ; and
the confidence which this measure diffused, as
well as the increased means which it afforded of
obtaining Bank notes, through the sale of Ex-
chequer Bills, speedily relieved the distress, both in
London and the country !"
Hero, then, we find that which the Com-
mittee considered " very similar in its effect to
an enlargement in the issues and advances of the
Sank," follovre-cl by instant relief, and the emer-
gency overcome, by a j udicious supply of that
which was alone required by the trading popula-
tion—viz., an adequate supply of the recognised
measure and representative of value.
Again, in 1797, we learn, on the same autho-
rity, that " an alarm of invasion, a run upon the
country banks for gold, the failure of some of
them, and a run upon the Bank of England, pro-
produced a crisis like that of 1793, for which,
perhaps, an effectual remedy might have been pro-
vided, if the Bank of England had had the courage
to &attend, instead of restricting, its accommodations
and issues of notes. Few persons, it appears
from the Report of the Secret Committee of the
Lords, were of this opinion at the time, and the
late Governor and Deputy-Governor of the Bank
stated to your Committee that they and many of
the Directors are now satisfied, from the exp eri-
once of the year 1797, that the diminution of
their notes in that emergency increased the public
distress, an opinion in the correctness of tvhic h your
Coinmittse entirely concur." Here was the cause
of the evil graphically explained ! But how was
it removed? Simply by the order in Cu 3 ncil
which superseded cash payments, or, in other word s,
rendered the Bank paper inconvertible. One
pound notes were issued in abundance, which
answerel all domestic purposes. The consequences
were immediately apparent. Crelt was restored,
industry reanimated, and the nation was enabled
to meet all the expenses of the war, which, ac-
cording to the evidence of Lord ASHBURTON, be-
fore the Committee on Agriculture in 1836, must
otherwise have been brought to a premature con-
clusion. The ipsissima verba of his Lordship
'were :—" But in truth the war must have come
to an end ; you would have been forced to peace
in 1797 but for that measure."
Next came the crisis of 1810, which led to the
formation of Mr. HORNER'S Committee. This was
occasion ed by the great demand for the precious
metals, produced by the subsidies we were paying
to German friends, and the vast expenses of our
own armaments. But we weathered the storm

Should the election have actually fallen on Mr.
BUCHANAN", it is not we, but they, who will have
reason to be ashamed, while both countries will
have cause to look with apprehension to the future.
By the election of Colonel FREMONT a pledge
would have been given for the moral resurrection
and the unbroken prosperity of the United States.
By the election of Mr. BUCHANAN the future is
enveloped in gloom ; and whether his career will
be marked by internal retrogression and external
piracy and conflict, must for many months be
matter of doubt. We may be pardoned under all
the circumstances if, in a casein which so momentous
an issue is at stake, and in which so many sacri-
fices have been made, we are reluctant to believe
the worst. The election of Mr. Burn ANIN were
so painful, so discreditable a result of the great
American struggle, that doubt on our part as to
its truth is but homage in disguise to the might
of enlightened opinion and political virtue across
the Atlantic. It becomes us, however, to look at
such an event as a probable evil, and while con-
teraplating its dimensions, and the mode in which
it is likely to affect us, sound the note of prepara-
tion, so that, "come whatc ome may," this cDuntry
shall be found in an attitude at the very
least to command respect. Whoever is elected
Great Britain has duties towards herself and her
allies to discharge, and it behoves her to make
special provision where the discharge of those
duties seems likely to be attended with risk. It
is by affronting danger, and not by cowering
before it, that the continuance of peace is in such
cases to be insured.

Should the election of Mr. BUCHANAN prove
a fact, the slaveholding power has achieved a great
victory, which there can be little doubt it will
push to the utmost. The struggle has justly
been regarded by it as one of life or death, and
its worst passions and most unscrupulous prac-
tices have been brought into exercise. Much
allowance must, doubtless, be made for the heat
of conflict—the fact, however, remains—the
struggle was to the Southerners of vital
importance, involving no less than the fate of
slavery ; and if they have succeeded, it is only
by the most desperate exertions. To look, there-
fore, for any generous forbearance on their part
would be simply idiotic. They cannot afford it.
Nothing but the danger of carrying their victory
too far for their own purposes is likely to deter
them from requiring more than is compatible with
any pretence of Northern freedom. The fate of
Kansas is already sealed, and the retention of
Cuba has become matter of immediate concern
to the Court of Spaim-Those who may be disposed
to look for any decided steps being taken by the
North to ignore the election of BUCHANAN will be
disappointed. Possibly the majority in his favour
may not turn out so great as the law requires,
and another candidate may ultimately be elected.
We do not count much on this chance—if elected
—we imagine the majority in his favour will be
found sufficient. The prospect, however, is by
no means entirely gloomy. Mr. UUCTIA.IIA.N is
neither a fool nor a political fanatic, and has a
reputation to win. Hitherto he has shown him-
self possessed of a certain amount of sagacity, if
not of scrupulosity. It is by no means improb-
able that what ho won by exceptionable
arts, he may wear with some degree of credit.
Nothing could be more full of promise than the
advent of PIERCE ; nothing more full of falsifica-
tions than his career. The reverse of this may
with so much warrant be predicated of BUCHANAN.
The lion may go out a lamb. History is not
without such precedents. Be this as it may, in
BUCHANAN himself is the best reliance in America
for thefuture. He is too practised and too expedient
a politician to go the whole hog with the
Southerners, if by doing so the danger of
a rising in the North would be imminent ; and
we cannot think that they who have declaimed
so loudly before his election will be mute and
motionless, do what he may afterwards. After
211, the slaveholders may be doomed to consider-
able disappointment.

As we write, the announcement of Mr. &ORA-
NAN'S election has been confirmed. We do not
the less believe the first was a guess—as it turns
out, a lucky one. We have therefore to deal
with a certain, instead of a probable event in con-
templating what may be that gentleman's foreign
policy. With respect to it, our hope is in the
attitude of this • country. It is well known
Mr. BUCHANAN was the chief spirit at the Ostend
Conference, where doctrines at utter variance with
international right were agreed to. It is also
believed that Lord CLARENDON'S endeavours to
promote a good understanding between this coun-
try and the United States, on more than one im-
portant occasion, were baffiel by the samo agency.
It is hardly likely that one who sets his sail so
readily to the wind will hesitate long to push on,
or leave untouched, the acquisition of Cuba, as
'either course may be deemed likely to be
attended with popularity, and the presump-
tion is the temptation will be towards the for-
mer. In that case, as in others of a like
aggressive character, a conflict may be anticipated
with more than one European Power, and espe-
cially with us. If, however, we are prepared and
show a bold front, JONATHAN will think twice
about it, and may be fonnd lowering his tone,
and
.foregoing the coveted possession at last.
The United States have got a slippery President,
" that's a fact "—consequently it is not very pro-
fitable speculating further. We must make the
best Of it, and we can only do so by making such
naval Preparation as the honour and dignity of
this country seem to call for.

by the judicious liberality of the Bank of Eng-
land, which inc reared its discounts, to the pre-
viously unprecedented sum oitwenty millions—an
addition of four and a half millions to the accom-
modation afforded during the preceding year—
and by a simultaneously increased issue of Bank
notes, which, for the Bank itself, reached twenty.
one millions--e-an amount more than doubled, when
the provincial circulation was taken into account.
That paper currency reached the enormous amount
of forty-eight millions sterling ; and by that
means, and that alone, we were enabled to carry
on the war and bring it to a triumphant termina-
tion, and, to raise sums, between loans and taxa-
tion, to which the heaviest expenditure during
the late contest was a mere bagatelle. Notwith-
standing all that enormous outlay the nation was
prosperous. There was ample employment, at
remunerative rates, for every man able and will-
ing to work, and the industrious population of
the country were certain of that great desideratum
—"a fair day's wages for a fair da y's work."
Such were the events during the war, when the
burdens of the nation far exceeded anything before
or since exacted from the pockets of the peopl
The Income and Property Tax was no less than 10
per cent., and extended to all incomes of 601.
and upwards, and many imposts were then in
operation which have since been either completely
abolished or greatly mitigated. And yet the
people bore all' patiently, and enjoyed comforts
almost unknown to their children, and simply
because there was a circulating medium adequate
to the wants and exigencies of the country, and
the industrial population " had a sufficient sup-
ply of straw for the bricks they were compelled to
produce."
But the cessation of hostilities, in place of add-
ing to the national prosperity, produced another
monetary crisis. Taxation was reduced, but still
the deepest commercial and agricultural distress
was occasioned. Working men were thrown out
of employment—the national industry was para-
lysed—reasonable wages could no longer be ob-
tained—the very means of subsistence wore want-
ing, and many families that had previously en-.
joyed comparative comfort were enduring am
artificial famine in the midst of plenty. Andl
Why? Because the Bank contracted its
issues with a view to the early resumption of sash
payments, and the evil was not arrested until thet

There is n®t a
mory of single instance within the me-
man in which commercial difficulty And
distress have not been greatly alleviated, if not
altogether removed, by an enlarged issue of Bank
Notes, at the time „xh,
-n the specie had been un-
duly reduced, either from the effects of large
foreign importations, loans to, or investments in,
other countiies, or any considerable outlay ex-
ceeding the national inconae, many cases in point
remain on recor3, and in every one the remedy
which reason and common sense indicated proved
effectual. The mischief had invitr. bl
y been oc,
casioned by the restrictive measures ad
opted by
the Bank of England, and was as certainly re-
moved by the adoption of a more liberal and en-
lightened policy by its directors. Experi.
ace teaches us beyond the possibility of
dispute that' all that is required is to
satisfy the people that any man of unquestionable
solvency can obtain, on sufficient security, the
amount of -1)46 currency which he requires fir
the transaction of his ordinary business, vad that

Directors, by affording a more plentiful circulation,
removed the cause, and with it the grievance.
There was then the transient prosperity of 1817-
18, which was, however, brought to a speedy
termination by the Act of 1819—the operation
whereof soon renewed the calamities of IEI6, and
brought the people of this country to a state
almost of insurrection.

We have thus traced the causes of the various
commercial crises that happened previous to the
abolition of inconvertible bank paper. We must
defer to another opportunity a similar investiga-
tion of the various emergencies that have arisen
since the introduction of that unwise and impo-
litic measure. They will all be found, on
calm investigation, to have proceeded from
similar causes, and to have been cured by
the like means. No matter what might have
have been the state of our trade and commerce,
whether there was undue speculation or not, dis-
tress was occasioned by the undue contraction,
and removed by the judicious expansion of the
Bank circulation, and yet that wise and politic
course was prohibited by the Act of 184 A, which
completely took away the discretion, previously
examined by the Directors, and rendered the
remedy the same, no matter what might be the
cause of the mischief. " The self-acting regula-
tor of the currency," as it has been termed by
its admirers, has proved a decided and unequi-
vocal failure. It has been weighed in the balance,
and found wanting. And no w that money has
advanced to the famine price of 7 per cent, at the
Bank itself—or 10 or 12 per cent. to those who
have not discount accounts with the Bank, it is
time that the People should be awakened to the
magnitude of the emergency, and bring the pres-
sure from without to bear on Parliament, which
can alone produce an adequate remedy.
We cannot conclude without inviting attention
to a communication, signed C. W. S., " an Eng-
lish merchant, likely to be ruined by the scarcity
of gold." It will be found well worthy of perusal,
and if we would avoid the consequences which he
so graphically describes, we must, while there is
yet time, endeavour to help ourselves. We pro
mice our correspondent that we shall not relax
our exertions. We only hope that they may
excite corresponding efforts on the part of the
People, who are so greatly interested in the
satisfactory solution of the all-important problem.

tervention for the tottering despots of the mal-
treated nations, was cordially cheered. Non-in-
tervention was not objected to if the hoary oppres-
sors were bound to observe it also. But with
Russia in Warsaw, Austria in Milan, and even in
Parma and Ancona, and France in Rome, the
cant of non-intervention is perceived to be the
mere cuckoo cry of forbearance with despots.
Surely England has as much right at Syracuse as
France at Rome ; and order is no less wanted at
Naples than in the Papal States.
The people of Manchester and Sheffield are
eager enough for non-intervention, but they de-
mand that the principle shall be enforced on all.
We think nothing would tend so ranch to bring
France and Austria, rather FRANCIS JOSEPH
and Louis NAPOLEON, to their senses,
as for England to act in Sicily the part
which France and Austria are acting in
Continental Italy. We 01V1 it, as we are sorrow-
fully aware, to Sicily, but we owe it to the cause
of non-intervention. If the despots found that
England would intervene as much in the cause of
liberty as they do in that of oppression, we should
soon hear no more of intervention. BOMBA and
the Porn, and the young tyrant of Vienna, would
be left to square it with their subjects as they
best might, and interventions of this kind on on'.
part, which none could complain of or resist,
would thus be the surest guarantee of the nations
getting their rights.

The Russian war has been of untold and un-
utterable value to England. Not the conference•,
not the peace, but the war. We do not mean
that it has compelled army reform or navy reform;
that it has obliged obstinate old fogies to adopt
reasonable clothing and Minis rifles, screws, and
gun- boats ; the war has saved the nation from
sinking into the arms of commerce, and aroused it
to deeds of suffering and daring. It gavo the
country other and nobler work than cott•nspin-
ning and sharebroking, and interested it in the
rights of nations more than in $ per Cents. at
par. Not that we despise or decry the loom, the
forge, or the plough, HEAVEN forbid t They are
noble implements rightly used, and one day, not
for us to witness, they are to supplant the sword
and the spear. But the manufacturer, and the
artisan, and the agriculturist, confined in thought
to their own pursuits, become mere sons of toil,
and eons •f the soil. Whatever awakens generous
and expansive interest in things beyond our little
circle, so far ennobles and elevates our minds.
In this sense the war has raised our country.
Allowing that mere malice against innocent Rus-
sians, and pleasure in their destruction, were in-
deed unworthy—we should say that fact showed
it was also un-English. Throughout all the war the
people generally heard with sorrow of the death
of thousands of the CZAR'S helpless sheep,
while they rejoiced in the diminution of the
CZAR'S instruments of aggression. The fiends of
Hango (who have never yet received their due)
could but be execrated, yet all justice was done
to a MOTJRAIPIEFF and a TODTLEBEN. The whole
nation burned with a noble indignation against
itself for having sold Hungary and Italy to Mr.
COBDEN and Lord J. Russisla, in 1846. In every
workshop, every farm, and in most country houses
in the kingdom, the feeling was that we had
borne too long. Poland, Hungary; Italy, had
all been crushed by foreign intervention, and the
agents of our Court had only said " the English
people do not like it."

But the insatiate Moloch of the Russians had
at length gone too far. Even Courts were uneasy
when Constantinople was likely to become the
capital of all the Russias, and to convert its de-
pendent provinces into a fourth or fifth Russia. The
very Ceburgs were annoyed at the thought ef Aus-
tria being so surrounded by her Great Northern Pa-
tron ; England sawher opportunity; she determined
that the Ministers should no longer say "England
does not like it," but "England will not have it."
Looking back upon the general sentiments when-
ever and however expressed—Reath to despot
oppression was the universal reeling. The whole
nation, we believe, would gladly have spent an-
other hundred millions to complete its work. The
rights of Poland were nowhere asserted without
eliciting enthusiastic cheers. The Circassians, emit
the Fins, and the Swedes, too, all had a deep
share in the general sympathy. Anything to
free them all ; a bold stroke and a rectification of
the map of Europe, Russia-wards at least, was
what all desired. And these were ennobling sen-
timents. They made the farmer something more
than a farmer, the weaver something more than
a weaver. They enrolled those who held them
with those who bled at Thermopylse and Chseros
nea ; with the WALLACES, and HAMPDENS, and
CROMWELLS of Britain. They all knew that war
took something, took much, from their fireside
comforts, or from their incomes ; but they wouhi
have spared double to see the CZAR brought to
his knees, Prussia reduced to Russia, the down-
trodden raised up, the bound freemen emancipated,
and the thrones of all despots shaken.
True, these noble feelings have been unworthily
disappointed ; but they have been aroused, and
they are still as strong as ever. The ABERDEEN
Cabinet sold the grandest opportunity ever offered
to a Government of preventing a war by threaten-
ing the aggressor with the wrath of the English
People—of at once maintaining peace, and raising
their nation in the eyes of all Europe. Had that
timid Ministry but appealed early to the country,
such a response would have been given as would
have made the heart of a NICHOLAS quail ; for
the nation had laic almost crouching for a spring
at the CZAR ever since the brutalities of 1833 and
1849. Again,
when the soul Of the country was
in the great objsct, the people once more saw
themselves sacrificed to that odious hypocrite
Austria ; and Germany, and perhaps Russian gold
is the Foreign-office at, Paris, gained a reprieve
-for the enemy of Europe, just when he might
have been prostrated for a century. This second
Convention of Cintra, while our armies and fleets
held Russia at our mercy, even this has not
changed the sentiments of
Englishmen, or de-
prived them of hope.
The addresses of KOSSUTH at Mancheatex,
and Mr. ROEBUCK at Sheffield, are a proof
of this. Every representation of the duty
land right of England to lay its injunction on the
restlessness of despotism, and to prohibit its in-

LATEST NEWS.

The royal mail r

mander, arrived 1 ste4
Halifax, with da 'ere rx.
64 pa.,sougers, a'tes fr7sB;
Thy Royal Mn.d Steams
mail steatnelic'",;(linburgb.
at Now York oil the 31st ui.
ship Vigo, from Havre, on the

The result of the Presidenti,
been officially declared. The re,
terior of New York State showed .
gains in almost all the counties, be
tioned whether they were sufficient
the Democratic majority. The Tribune es__
the Fremont majority at 25,000, and that of Kin*.
(Republican) for Governor at 15,000. For Con-
gress the city is said to have gone Democratic.
From Pennsylvania the returns favour Buchanan,
as do those of New Jersey, which has gone stronglY
in his favour. ?ewal], Republican, had been
elected Governor. Tirginia had given a Demo-
*ratio gain over last year of 157. The returns from
Delaware showed a Democratic majority. From
Connecticut the returns were favourable to Fre-
mont, ;Is were those from New Hampshire. Maine
and Rhode Island had gone strongly in favour of
Fremont. From Vermont the returns were gene-
rally in favour of Fremont.
The 80.5t0n Advertiser gives the following reca-
pitulation :

Maine
New Hampshire
Verthont
Ma-saehusetts
Rhode Island
C Jo neetieut
New York
New Jersey
Pennsylvania
Delaware
Maryland
Virginia
North Car•l►na
South Carolina
Georgia
Alabama
Mi .
Louisiana

Arkansas
Tennessee
Kentucky

Onio
Michigan
India! a
Illinois

Freemont. Buch. Doubtful.

3 .-
_ 8

Alisuuri
FI rich
Ticas

15 --
10

lowa

10 ---
9 --

7 --
6 --
12
12

.......

9 ---
3 --

Wisconsin
California .

114 112 70
Whole number 296
Necessary to achieve..
The departure of the new steamship Adriatic
from New York on the Bth inst. has been Post-

pined.
At Boston, on the 3d inst., Mr. Sumner bad re
with a most flattering reception. Many of tvl
places of business were closed, and he was OSi
os Orte
by a throng of citizens from Brookline to Btonfi
where he was addressed b the venerable Joh:,
Quincy. The procession then escorted him to toe
State-house, where he was again welcomed in lin
e'
eloquent speech from the Governor of the Statl6
On rising to reply Mr. Sumner was hailed with -
spontaneous outburst of applause and other maul;
festations exhibiting the deep sympathy of the vitsd,
crowd present. His personal appearance shnwP
the effect of some physical suffering. ,A
9
A young lady named Blanchard had been kii""n
and several persons scalded, by an expinsi°llor
board of the steamer Bay State, from Nowt: l
to Fall River.
A express train on the liamsort and
miran Railroad bad been thrWowil p
n off the trankiad
the breaking of a rail. A baggagemaster was

and several passencTers hurt.
ich-
A duel had been fought a few miles below Ryorg
mond, Massachusetts, between Roger A.,
editor of the Richmond Enquirer, and Dr. FpntleY'
Dr. Finn')
State Senator, from Accomac country.
was badly wounded in the right hip. The accoue,
of a discussion at Accomac between the Doctor a!iii;
Mr. Curtis, published in the Enquirer, was
cause of the duel.
The first snow of the season had fallen on to
31st ult. It visited Philadelphia, Baltimor:t, aerud
Washington on the south, and extended vie--rbanf
as far as Oswego, where snow fell to the dep"-` s'd
one foot. In New York the air was very raw .31
generally unpleasant, but no snow fell.
At South Acton, Massachusetts, a powder-101—
had exploded and killed two men. The exploao°
was heard at a great distance, and was supposed t°
be the shock of an earthquake.
A letter to the St. Louis hepublican states 0116
Governor Geary had arrested several of the ringi
leaders of the marauding parties in the vicinitgis
Ossawatamie. The grand jury had found true
the. ye-
degree. filr
ainst over 90 persons for murder in
degree. The Kansas Legislature is to rneet at
conapton on the second Monday in January.
tate
Advices from Havannah of the 29th ult. 6-„
that the Havaneers were in a state of high excilf,
ment in anticipation of a successful warlike den:lola
stration against Vera Cruz. A vessel of ware o.
from Havannah on the lith ult., with tnunition!
of war, and probably other material aid, for Seri
Domingo, where a rising is expected to revoill"
tionise that republic.
(BY ELECTEIO AND INTERNATIONAL TELEGRA/4)
o` 1
The screw steam-ship Canadian, from LiverPn,4
arrived at Quebec on the 3d inst. ; and the ite,,,„
Mail steam-ship Canada arrived at Halifax ora tR"
5t14. A letter from Mexico, of October 19, repel
that the town of La Paz, Lower California, Ad
been almost totally destroyed by a hurricane -5t
the 16th. All the vessels lying in the harbar;es
the time were driven ashore and wrecked ; few
were lost. The wind was accompanied by here,'
rain, and lasted 30 hours, blowing during that I
gd
from all points of the compass. The houses W
by tie wind were swept away by the tide. the
By te'egraph ft ont Baltimore of November 3
news from Mexico is to the 22d ult. estr
The intelligence is of not Such general intert
but indicates the continued growth of discont:icir
against the present Government. Numer°ll,solo'
tories of the Government troops over the re', at
tionists are reported in the different sections °l'd to
country. Commissioners from Vidauri are 101.
be on the way to the capital to settle the dim of
ties. Minister Forsyth had arrived in the 01.,,eie
Mexico. Serious revolutionary movements Wei 030
progress at Queretaro. The second officer r the
war steamer Deamacrota, after gaining °„_l°, and
crew to his interests, had run away with 11°,..*
a large quantity of money and goods. rte
steamer Guerrero was sent in pursuit.
t that in
The New York commercial letters rePeri,.o3o.,
the money market there was great e%eit'essati
owing to many persons having found it In inst.
to arrange for the heavy payments of the `*ta with
The result was that loans were obtained four
four
greater difficulty than usual, even for three Ot.
days. At the Stock Board Ito 11 per cellr of the
paid to carry stock 30 days. Business paP°o3ootb'
best stamp was sold at Ito 1i per cent. per 5 p 43!
For short loans—five to 10 days—as high $l,OO ,°
cent. per week was paid, with ample colatte;treiti
the lender. Notwithstanding the extreme scijoae!
of money and the calling in of the deman •rc,f3
by the banks. the stock-market continued
firm. The tendency for foreign exchange tOS-13°
cidedly downward ; even at the reduced r 5
large sales could be made for cash. Bins on to
don were quoted at 1082 to 1091 ; Paris, s,:ogea'
5.171. The price of cotton remained unciets ore
but holders were firm. In flour the receiP t°
f nA
large; with a good demand, at a decline to a
10 c. on good shipping qualities, and 10 %Ili b's
c. on some of tit,. *her grades. Indialleiciere 1111-
s ghtly adv Luce Amprice. provirions there
no alteration of manent. Freights wer°
LATEST (BY TELEGRAPH) via ir A LEAN' 60.
NEW YORK, THURSDAY EVENING.'
gali-
Later intelligence from Europe, received °'scistuffe
fax, was published here this morning. Ore, obeet
of all descriptions are lower ; flour 10 to J-u) Quo-
3, and corn 3 cents. Money-market easY• warice6
tations are unchanged, hut the tone of the
is firmer; middling Orleans called 1220-
sf°:
,
NEW ORLEANS, WEDNESDAY q 1 thank '
S Ales to-day 10,500 bales; quotations n

. ____—____
On Saturday, at tho weekIyMARYLEBONE VESTRY AND THE P W 13C41;1).-
..,14 1:10V
00R-LA
council of St. Marylebone, heldgat the
meetin of the rePa—h,,euee,
tiveCourt—",,eet•
it was resolved, by 34 to 6 votes, "That it be re:`'soe
follythat
intimated to the board of directors sad gitcidileo
should forthwith flosrtthwe
plaled in their hands."
tothpitadeocnepoLf
tthlete
rye. :sig, leystrihoant
otftietifea;aeter
ARTISTS' GENERAL BENEVOLENT
which had been TlOtt'-'
oil TA
TESTIMONIAL TO R
M--. W. T. ROPER, Tag SoslAtier
—Atas.e. l
p eta meeting of the Council held on ' - !ger,
da •
Y, the 12th inst., an elegant .ri10t,,,, avd oa 1
silver !
of the Cetti'velef
purchased by the private subscription _ „.„,,3,11,. 0
was presented by the
President, Shehrles . -rSetari,
P.R A., to M
1.• W. T. Roper, tat±sistant-Fe`" be
of t
as a estitneni.tl of their respect and esteem, and oleo
ratitu . '
e which they felt towards hitt) for his On tioa
and iud
Liticolns'sfs:
efatigable services in behalf of the inatituger,
during
were.a
.period of forty years. The inkstand and
col6sor
design' d and executed by Mr. Gillian,' etic et,
to Messrs. INSTITD_ st.
Lincoln's-inn.
Makepeace and, Walfcrd, of Serle-gtr