The Sun.
London, England, 1860-03-10 00:00:00

the benefits likely to result from its :adoption, not
to France alone, but England, and, in fact, even-
tually to the world in general.

LATE

r

E \V

PARIS, MARCH 9.

The Pays of this evening publishes an article
signed by M. Granier de Cassagnac, on the manner
in which the project of the annexation of Savoy
and Nice has been discussed in the English Parlia-
ment. _ _

Lord JOHN RUSSELL, last night, laic 1 on the table
of the House of Commons, the secon, d part of the
correspondence relating to the affairs 3 of Italy, a
copy of which we have been favour .ed with. It
brings the question down to a late pc Hod, the last
despatch from Lord COWLEY to the:7 oreign Secre-
tary, dated the 24th of February, in. / vhich the pre-
sent condition of the Italian gus estion is thus
described :—" M. THOUTENEL r sentioned to
mo yesterday that, whether the proposals of
her MAJESTY'S Government for they settlement of
Italy were to be accepted in their er itirety or not,
her MAJESTY'S Government had r er idered an im-
mense service to the Italian cause iv; :making them,
since the Imperial Government liaci thus been
enabled to enter into explanati on .s with the
Austrian Government, and loyally it‘n d honourably
to free themselves from engagement -a which it had
become impossible to fulfil."
The Emperor of the French now ter insiders him-
self honourably exonerated from tl le conditions of
Villafranca and Zurich by [the o perations of
the English propositions but: he reckons,
we suspect, without his host. . However, if
he keep true to his recently av owed policy
—not to interfere himself nor a 110 w others to
interfere by force in the settlement t if the Italian
question so much the better for tho p eople. Still
his shuffling policy seems to give tt .e go-bye to
his professions—indoed so much so that he is hardly
to be believed when he speaks the tip. tth. Let us
hope that he yet may learn to I do better—

M. de Cassagnac caill4
and fortify Perim, be-
England full liberty to takt:
to mind that France left
interests in the
cause England had to protect he:
East, and says France is now in a sim:lar position
:111der-
in regard to Savoy and Nice, and he cannot
- -

stand why such noisy discussions (criailleries) tak,„
place in the English Parliament, which might com-
promise the alliance between the two countries.
We must understand that the Emperor has not fri-
volously demanded a modification in the French
frontier which the aggrandisement of Sardinia has
rendered indispensable. He will take into consider-
ation the disposition of the inhabitants and the esti-
mation of Europe, but it would be unreasonable to
suppose that the Emperor would renounce that
which regards the security of one of the most im-
portant frontiers of the Empire.
The Patrie publishes an article against a divi-
sion of Savoy, in which it declares that the annexa-
tion of Chablais an Faucigny to Switzerland is
impossible.

CHAMBERY, FRIDAY.

The Courrier des Alpes announces that the de-
parture of the soldiers of the classes 1830 to 1832,
called out by the circular of the Minister of War
of the 24th ult., has, in se far as it concerns Savoy,
been postponed.

both for himself and those who put ,eir faith in
him. •

ROME, MARCH 6 (via Marseilles).

A deputation of students has been received by
General Goyon, who delivered a written reply, ex-
horting them to resume their studies, and express-
ing his resolution to support the public authorities
by all means at his disposal in order to maintain
the observance of the laws.

The question mooted by Mr. CAVE ( m. Thursday
night is one on which the British put di is must keep
a watchful eye. It would be a disgr If 2e, indeed, to
us, after all we have done for the supp) session of the
slave trade and slavery, should our o q in subjects in
India be inveigled into bondage to F 1 nch planters.
If any class of men have a claim on c to r protection,
it is the ignorant and helpless coolies: c f India. We
are told that some 40,000 of these I have already
been lured into the French settlem re: nt of Pondi-
cherry in India, to be shipped thence, nominally as
free emigrants, practically as slay( to French
colonies. Lord JOHN RUSSELL say a that, in the
Mauritius, the immigration of coolie.; : has answered
well. The estates have been cultiv ted with suc-
cess by their labour, and they have re turned after
their three years' service, at the ea, pense of the
planters, with money in their pocket; more than
they ever had before. We believe th i, aisto a great
extent true. But these men have been shipped
from our own Indian ports, under the most strin-
gent regulations, and beneath the ER Lpervision of
British authorities sharing the nation al hatred of
slavery in every form. They also hell e gone to an
island where British law rules, where British sen-
timents are dominant amongst all thf authorities,
and where abuses could never go far without their
being heard of in the British Parliament. There
is every possible security taken for It .e welfare of
our poor Pagan coolies, and we may ; hope they are
gainers by their immigration.
The case is almost wholly reversed in the treaty
which our Government has just mi ide with the
Emperor of the FRENCH. He had sanctioned a
contract with some French merchants , under which
those gentry were carrying on a thrifty slave trade
with the French colonies from the east coast of
Africa. The old practices of interni 1 wars to catch
slaves for the EMPEROR'S merchants were re-
newed. The old atrocities of slave -hunting were
rife again, and Portugal had, undet the advice of
Lord MALMESBURY, to pay the French for violat-
ing the sovereign rights of the feebly ?r State. The
EMI'EROR professed loudly to be al hamed of the
slave trade in his name, while he ye t made Portu-
gal pay for stopping it in her demi? .ions. But he
also turned to the English Govern: ment, and said
—lf you will let me take your sublet 2ts and appren-
tice them to my planters for five 3 ears, I will—

BOLOGNA, MARCH 6 (via Marseilles).

The report that an attack will shortly be made
by the Pontifical troops on the forces of the
Romagna is doubtful, but great irritation prevails
here.

The priests are threatened by the people, and the
fortification of the place is being actively continued.

NAPLES (via MARSEILLES), MARCH 6.

A royal decree establishes modifications of 240
articles of the Customs' tariff, and orders that the
revision of the remaining part should be continued
by the commission.

Another commission has been entrusted with a
projected extension of the metropolis. The Govern-
ment pretends to have discovered a conspiracy on
the Ist of March last. Several individuals belong-
ing to different classes have been arrested. Some
of them have received their passports and have left
Naples, others are still expecting a decision; among
the latter the son-in-law of Signor Settembrino
may be especially mentioned.

_ _ .. ..
Increase .. • .
Public Deposits • •
Increase .. • •
Other Deposits • .
Decrease .. • •
Seven Day and other Bills
Increase • • • •
Government Securities

fifteen months afterwards (always long after our
action in any treaty with the EMI') ROlt)—I will

cancel the slave-trading contract. Ii other words,
he will put an end to French kidnapping of negroes,
if we will permit him to lure our poor Indian sub-
jects into his colonies! We do not doubt that he
wishes them to be well treated—but what guaran-
tee can he give us? They will be in a French
colony, under a French governor, with French
authorities to appeal to. Our Consul might be a
secretary to an anti-slavery society, but yet he
could not watch over the plantations of an island.
We hardly know, therefore, a case in which com-
mon humanity more imperatively demands British
vigilance.

MISS AMY SEDGEWIC'K'S B._EADINGS.

On Tuesday evening, Miss Amy Sedgewick gave
her second and last reading, for the present season,
at the St. John's-wood Literary Institution. The
large assembly room of the Eyre 'Arms;, St. John's-
wood, in which the reading took place, was filled
with a numerous_ and fashionable audience, by
whom Miss Sedgewick:was most warmly greeted on
her entrance. She began the evening's programme
with the trial scene in " The Merchant of Venice,"
in which the various and conflicting emotions dis-
played by the different characters of the piece were
rendered with wonderful power, skill, and judg.
ment. To this succeeded "The Irish Emigrant's
Farewell" (read with most touching pathos), and
" Lochiel's Warning."
The second part ofthe entertainment consisted of
selections from " Hamlet" and " The School for
Scandal," in which, it is needless to say, ample
scope was afforded for the display of the fair
arttste's great powers, alike in tragedy and comedy.
The frequent and enthusiastic applause which she
elicited, amply testified to the delight experienced
by all assembled on the occasion ; and the un-
doubted triumph Miss Sedgewick has achieved in
this, to her, new branch of the dramatic art, will,
we trust, induce her to carry it out still more
frequently, not
merely in the metropolis, but the
country.

THE
givenI4.—'NGLISIIOPE
w hich aitvituherunPriinocrefissf;
ing, and, in many instances, concludedkwe
hB Ilg
a
emi-
nent artistes, amongst whom,
Miss Susan Pyne, Madlle. Jenny
waod, Messrs. Haigh, Weiss, and
theatre, commencing in May next,
es eTn hilit.
Engl i s h opera will be
Madlle. Bury, a cantatrico of charming:rweinit
great powers of acting, and of great
h.envtasriaoruespen
Bear, are Madlle. Parepa,
Durand,aitrrepAuitias
ts
iaoEsnininm also,aß Berlin.
withrile. yn -.
voice, possessing
Dr. James Pech is spoken of as the conductor,
care the whole of the musical direction is confided.
to
whose
WEST SURREY ELECTION.—THIS DAy. Th
election for West Surrey took place this morning at Guild-
ford. As it was understood that there was to be no opposi•
tion to the return of Mr. Cubitt, the proceedings appeared
to create very little interest. The Hon. J. Scott proposed,
and N. Alexander, Esq., seconded, the nomination of Mr.
Cubitt. No other candidate being proposed, Mr. Cubitt
was declared duly elected, and the proceedings terminated.
Messrs. Sampson Low and Son have in prepara-
tion a new work by Mrs. Harriet Beecher Stowe, who has
been spending the winter in Florence.
The First Warwickshire Militia, under the com-
mand of Lieut.-Colonel Boultbee, have received orders to
assemble at Warwick on the 30th of April next, for 28 days' I
training.

MPORTATION OF FOREIGN GRAIN AND FLOUR.

—Daty paid in Hull last week : £2lBs.onsBtirs. of wheat,
£l6O 16s. on 3,216 qrs. of barley, 6s. on 6 qrs. of oats,
£2 18s. on 58 qrs. of beans, £1 58. on 25 qrs. of peas, £26
ss. 9d. on 1,402 cwt. of wheat flour, and Is. 101 d. on 5 cwt.
of potato flour.
We regret to hear that the Royal Naval Annui•
taut Society at Dovonport has suffered very considerably
from the serious " defalcations" of one of the late clerks,
Mr. William Molesworth Richards, who is now non inten-
tug. The books of the Society are undergoing close inves -
tigation.--P/yinouth Journal.
THE MINING DISPUTE IN SCOTLAND.—The iron-
masters of the west of Scotland held a meeting in Glasgow,
on Wednesday, at which they resolved to continue to keep
out their furnaces, and not to meet again for the considera-
tion of that particular question. The prospect of an early
adjustment of this unfortunate dispute is thus destroyed.
The men on strike are holding out determinedly.

ITIR"SUN, LONDON, .SATURDAY EVENING, IVIARCH 10, 1860.

2d, -addressed by Count Cavour to the Chevalier
Nivea, at Paris, on the question of Savoy and Nice.
" The note calls to mind the declarations con-
tained in the despatch of M. Thouvenel, and de-
clares that, while refusing to believe that the
aggrandisement of Sardinia can ever constitute a
danger for France, to which country Piedmont is
bound by such strong ties of gratitude, nevertheless
the Sardinian Government cannot but give serious
attention to a demand reposing on the respect for
the wishes of the people.
" The King's Government would never consent,
even at the price of the greatest advantages, to cede
or exchange any part of the territory which for so
many ages has formed the most glorious appanage of
the House of Savoy. It cannot, however, refrain
from taking into consideration the change which
late events in Italy have made in the Fituation of
the people of Savoy and of the cousontsseetnyfoocyfor
mi Italy
t4wa
nl when
yoetnt
without
t Piedmonthroguhtt
iti
ccodlniassipim.
tbof Cen, f rtt Nice.hhe
fee people
e tpwAhl own
moment
"cninn•anw!lfeourtiensgidethebierywonildl. the Alps
• s of the Government
subjects
coofuli_he
the"
Hrigohwteovferfrgeerel
f the provinces
of King Victor Emmanuel migh
freely man..
the regrt!
0.6
in question were to demand their sepa, gion, it
could not refuse to admit the weight of' a manifes-
tation to which the vote of the National Parliament
would give legal value.
" The declarations of M. Thouvenel as regards
the great Powers and Switzerland prevent any
false interpretation, and will be of a nature to remove
many difficulties. Such declarations, inspired by a
sentiment of equity and of justice, do not admit of
any doubt that under any circumstances Sardinia
and France must negotiate together in order to have
between them a suitable line of frontier."

The Nord states that Abdul-Medjid has just
narrowly escaped causing a ministerial revolution.
The Sultan wished to marry a slave, which he had
a full right to do, and the minister made no objec-
tion. When, however, he asked them for ten mil-
lions of piastres for the marriage fetes, they pleaded
the penury of the Treasury, and refused. It may
be as well to state that this statement is not con-
firmed by other communications received from Con-
stantinople.

MONEY MARKET AND un'Y NEWS.

CITY. Two o'CLocic

The Bank of England return completed to the
7th March shows some rather important alterations.
The public deposits, owing to the active collection
of the revenue, have been increased by nearly
three-quarters of a million, while the private de-
posits have been diminished to the extent of
almost a million . sterling. The other securities
have been slightly diminished in consequence of the
payments on the 4th of the month. The reserve
of notes and the bullion exhibit a small increase,
although the active circulation has also been aug-
mented. The other items of the balance-sheet and
the changes they present are shown in the sub-
joined table :
Active Circulation
Increase
Bullion ..
Increase
Rest

.. £20,669,355
24,045
16,220,193
49,172
.. 3,722,497
41,621
.. 8,341,365
727,923
.. 12,836,611
951,272
.. 697,452
4,088

10,171,190
No alteration.
Other Securities 20,953,896
Decrease .. 210,913
Notes Unemployed .. .. 8,320,150
Increase .. 12,760
An active demand is experienced in the genera
market, and as the rate of interest for advances on
stock has risen to the level of the Bank minimum,
there is now a brisk inquiry at that establishment
for loans as well as discounts.
In the Liverpool Cotton Market yesterday only
a very moderate amount of business was transacted,
and prices were without change. The sales were
estimated at 6,000 bales.
The Foreign Exchanges yesterday afternoon ex-
hibited no alteration of importance.
A small amount of gold, viz., nearly £3,000, was cf
withdrawn from the Bank of England yesterday. Litt
The steamer Indus, which leaves on the 12th, st
will take out £4,000 in gold to Alexandria, and •:!.'
£39,100 in gold, and £361,680 in silver for Bom-
bay, making a total of £404,780.
Since Monday last the imports of specie have

been about £336,770, and the exports £464,130,
exclusive of the following shipments direct from
London to the Continent during the week ending
Thursday last :—Gold bars, from Belgium, 2,500
ozs. ; silver bars, from Boulogne, 5,000 ozs.
There has been very little activity in the Markel.
for Public Securities to-day, but increased firmness
has been exhibited, Consols being 94i a for money si
and 941 for the account. Speculation continues st

very quiet, and the dealings for investment are too I St
I st,
- -

limited to create activity. A special transfer is
recorded in. New Threes at 94;1; India Stock is gl
firm at 220 f ; ditto New, at 104 f ; ditto 5 per
cent. Enfaced Paper is steady at 99; ; and the g;
Debentures at 974 ; Exchequer Bills are 17s. prem. SI,
A moderate amount of business is recorded in st
Foreign Securities, and prices tended upwards. st
Turkish 6 per Cents. are 791 to soi ; ditto New,
621 1. Buenos Ayres 6 per Cents. are firmer at st
831 841; Brazilian 4f per Cents. at 934 ; and Bel- st
gian 4f per Cents. at 99f. Russian 5 per Cents.
are 108.

The Ocean Marine Insurance Shares are 3+
prem., the Universal ditto I I prem., and the rt
Canada Loan is 1I prem. The Buenos Ayres
Railway Shares are I prem. st
In the Railway Share Market a steady business 1
has been transacted, and prices have shown more
firmness. Caledonian, Lancashire and Yorkshire, r,
North-Western, Midland, and North British have
improved 55.; Great Western, Brighton, Oxford, ‘B,
Worcester, and Wolverhampton, and South- g;
Eastern, 10s. ; and Eastern Counties and Great st
Northern, £l.

The Foreign and Colonial Markets have been
inactive. Lombardo-Venetian are dealt in at 111
lit, and Paris and Orleans at 54: East Indian are
1011 ; Grand Trunk of Canada, 33 to 331; Great ;
Western of Canada, 111 iii. si
Joint-stock Bank and Miscellaneous Shares have
shown less firmness. London and County have de- 31
clined 10s. ; Bank of Australasia, 10s. ; and Union SS
of Australia, 55.; Peninsular and Oriental steam at
g;
have receded to 791; and Royal Mail Steam to 51.

BRITISH FUNDS—CLOSING PRICES.
, Bank Stock
3 per Cent. Reduced Annuities Shut
3 per Cent. Consols Annuities
Now 3 per Cent. Annuities
Long Annuities, expire sth Jan., 1860 —
Ditto for 30 Years, expire sth April, 1885 Shut
India Stock
Ditto 5 per Cent.
Ditto Enfaced Paper, 4 per cent —
Ditto 5 per Cent.
Ditto Debentures, 1858 . 97
C msok for Account (April)
India Stock for Acounnt
Tliffn A 0 ~,,,,,,i,-5-pur . Lout. . .
...
—Exchequer Bills, Zl,OOO, 11(1 .• •
Ditto Small, 11(1.
FOREIGN FUNDS—CLOSING, PRICES.
B azilian 5 per Cent.—
Ditto 41 per Cent. 1858
Buenos Ayres, 6 per Cent ..... 841
Ditto Account .. 831
folexigan 3 per Cent.
Ditto Account
cruvian 41 per Cent 92
ttussian, 1822, £ St., 5 per Cent lOB
punish 3 per Cent
Ditto Passive
Curkish 6 per Cent —
Ditto Account
Ditto New Loan
Ditto Account
Dividends on the above payable in London.
Belgian, 41 per Cent., Ex. 25f. 991
TWO O'CLOCK.
Consols, D 2, itey 941 A
Ditto Account

TH
E TIMBER DUTIES AND NORTH AMERICAN
COLONIAL INTERESTS.—Messrs. A. F. and D. Mackay. of
Liverpool, in their monthly. circular just issued, make the
following remarks :—The duty on foreign timber of all
kinds is reduced to an equality with that on colonial; but by
some strange oversight the important timber trade which has
long existed between Great Britainand her North American
colonies not only obtains no remission, but those articles
admitted free previously are now taxed. That is to say,
North American colonial timber is to continue subjected t)
an import duty, bearing a considerable relation to the abso-
lute valuo of the material, while the timber grown in every
other country in the world will be admitted on payment of a
duty equal to that now levied on American colonial, while
the latter, as is well known, labours under the disadvantage
of having a much heavier freight to pay, consequent on the
much greater length of the voyage. Such a proceeding is
not, and cannot be considered, just or reasonable towards
the colonies. Without attempting to set up any claim for
a return to what is now considered the obsolete principle of
" protection," it must be conceded as merely equitable to
admit the timber of our North American colonies, as free
from incidental charges as that from foreign countries, or
at all events to remit that duty which it now pays.