The Sun.
London, England, 1858-09-06 00:00:00

CIIINA.

The following mercantile letter from China give ;
particul f the latest reports current at Hong
Kong reMding the new treaties. 'The Eriglish
treaty was said to be much more lengthy than the
others, and this may, perhaps, partly explain the
delay in its receipt. The accounts received a few
days back from Paris said that the indemnity to be
paid was £l;200,000., but failed to mention whether
this was to be shared between the two Powers or
was merely the amount for France. According to
the present communication, while £1,200,000, is to
be paid. to France, England is to receive £3,200,000
—a difference which, should it be confirmed, will
have a most important effect on our future specie
movements. Most of the advices seem to agree
that these indemnities are to be paid out of the
Customs' duties at Canton, and _there likewise
appears to be a general impression that, although
the Emperor has succumbed to all demands, he will
endeavour to find means of evasion as soon as the
immediate pressure upon him shall have been
removed :

"Hong Kong, July 3, 1858

" As it may doubtless be interesting to you fo hear what
is said and supposed as to the late political events in China,
we give what we have been able to learn. Of course we
casnot say how far it may be correct, and the next, or per-
haps even the present mail, may take more trustworthy
accounts than we are in a position to forward. One thing,
however, seems pretty certain, that new season's teas can-
not for some considerable time be shipped from Canton, and
from the other ports it is not supposed that a large quan-
tity can be early sent forward. •
" With regard to the new treaties :
"The Russian and American have been §igned, and go
home by this mail. They are short, and contain, it is said'
only 13 or 14 articles, including the most favoured nation,
clause. Two new ports to be thrown open, and Russia to
be allowed Consuls at all the ports as other nations.
"The French is reported to have 39 and the English 63
articles ; last accounts say they were nearly arranged, and
may be down in time for this steamer.
" Contents, briefly summed up, are rumoured to be to the
following purport :
" The Emperor agrees to all our demands.

"Expense; of war to be paid to the English and French
—about 16,000,000 of dollars to the English and 6,000,000
to the French.

" Money to be paid out of Canton duties, which are to be
received by foreigners till the amount is liquidated, and
Canton still held as a material guarantee.
"We are to have an ambassador at Pekin, but he is not
to reside within the walls.

"A consular agent at T.on Tsin.
"The navigation of the Yang-tse-Kiang to be thrown
open.

" All seaports to be open to foreign trade. (?) (One ac-
count says Hang Chaw, Swatow—a port in Hainan, south
of Hong Kong—and Taiswan, in Formosa.
" A Chinese mission to England, but no representative
to be considered as a permanent resident. (?)
"It is possible all the above may be true, but it would
seem the "Emperor was willing at any price to make
foreigners leave the Peiho and again move the locale for
discussion, where the money is to be paid !
" While everything is apparently going on so swimmingly
and amicably in the North, at Canton matters have pro-
ceeded from bad to worse. Business is entirely suspended.
Mr. Winchester, the acting Consul, has issued a circular,
stating that the present state is War with the provincial
Government,' and advising all foreign civilians (such few
as are left) to be ready for immediate departure. The
'Braves' are reported now to have occupied the new city, and
fire rockets and shells every night on our troops within the
walls. The General appears to have been strangely apathetic,
but is now more alive to the necessity of punishing the war
party, which seems to include most of the natives in and
about Canton. The city itselfis nearly deserted. The 'Braves'
are continually committing some overt act, the last being an
attack upon a man-of-war's boat near Whampoa, which was
on a reconnoitring expedition, and Captain Jenkins, of the
Actaeon, and several men were wounded severely, and two
killed. Capt. Jenkins is since dead. All this is not sur-
prising, considering the extraordinary way in which the
government of the city was carried on immediately upon its
capture, and trade resumed as before, with the duties col-
lected by the Chinese, who have thus been placed in funds
for warlike operations against the allies."

SIR COLIN CAMPBELL (LORD CLYDE.)—In a letter
received from Sir Colin Campbell (Lord Clyde) on Friday,
the gallant Commander-in-Chief refers to the hope " that
his sword will soon be returned into the scabbard for the last
time, never to be drawn again."
PASSENGERS FROM Bom BAY.—The steamship
Ripon, Captain Powell, which left Alexandria on the 26th
ult., and Malta on the 30th, with the heavy Bombay mails,
and is expected at Southampton about Thursday next,
brings the foll Owing passengers from Bombay :—Captain
O'Malley, Capt. Bennett, Capt. Green, Capt. Brown, Mr.
Crampton, Mrs. Ord, Mrs. M‘Leod, Mrs. Morris, Mr.
James, Mr. Durkin Mr. Jones (2d officer Noma), Mr.
Powell (steward rajah), Mr. Reid (4th enEineer Oriental),
two aorguato andoo corporal of the 22d itegiwout.