The Sun.
London, England, 1858-12-27 00:00:00

THE SUN, LONDON, MONDAY EVENING, DECEMBER 27, 1858,

consistent, this ! Your reformer who avows so
intense an abhorrence of the B allot is the very
man to admire the last treaty of peace and to
eulogise the chief Minister of the Crown under
whose auspices it was arranged and ratified.

Great, indeed, is the difference in monetary mat-
ters between the close of the last and of the present
year. Oen the minimum rate of discount at the

T3ank of England was 10 per cent., and far more

out of doors, and even at that exorbitant rate a
sufficient supply could not be obtained, even with
unexceptionable security. Every man distrusted
his neighbour, and held with tenacious grasp the
money which he contrived to obtain even by seri-

ous sacrifices. Hoarding was the order of the day,
for none knew in whom they could confide. The

stagnation of trade and commerce was complete
Production was completely suspended—mills and
factories entirely closed, or working less than half
time. Operatives and workmen of all trades were
thrown out of employment, and reduced to the
most pitiable distress. The savings which many
had providently accumulated as the means for giv-
ing comfort in their old age, when past their labour
were scattered to the winds, and the less prudent
were compelled to part with clothes and furniture,
or to resort to the tender mercies of the union
workhouse. It is true that commodities were
cheap, too cheap indeed, inasmuch as they were
either disposed of at less than cost price, or so low
as not to allow reasonable profits to the producers
and dealers, but there was no money wherewith to
obtain these extraordinary bargains. The majo-
rity of the less wealthy classes were only too
happy if they were enabled to procure common
necessaries without aspiring to any humble luxury
and few of their ordinary comforts.
Such was the state of affairs when the Act of
1844, the teterrima causes mali, the fountain and
origin of all this misery, was necessarily suspended
in order to prevent the Bank itself from closing
its doors. The mere notice that it was at liberty to
violate its provisions afforded immediate relief,
but not sufficient to prevent it from being com-
pelled to issue £2,000,000 on securities more than
it was entitled to do. An Act of Indemnity was
therefore required to avert the forfeiture of the
charter. That was, of course, granted. Indeed,
the only objection was, that Ministers had remained
too long quiescent, and made the conditions on
which the Bank were authorised to act too onerous.
Ten per cent. was too high to be maintained when
matters were recovering. Although the currency
famine was alleviated, the price was so high that
but few► could avail themselves of the additional
store. They were starving in the sight of plenty,
and tantalised by cheering prospects which they
could not enjoy. Even when the pressing difficul-
ties were removed, the terrible crisis which had
taken place rendered men too cautious to engage in
new transactions. They held aloof in order to see
what might be the course of events, and thus pro-
longed the mischief. Indeed,the sting has in some
respects scarcely been eradicated yet. There
is still a difficulty about entering into engagements,
as no accurate judgment: can be formed as to what
may be the state of affairs when the obligations
should be redeemed. As the Times some time
since declared, although for a very different pur-
pose, " the tyrannies committed in the name of
iberty have never exceeded the reckless follies
:o which men pompously march under the flag of
Prudence.' "

Now, however, matters are very different.
Money is what is termed " a drug in the market"
—that is to say, for all who have plenty already.
the Bank of England has, notwithstanding the
judicious r esistance of some of the directors, re-
duced the rate of discount to 2 per cent., and it is
still underbid by some of the large establishments
out of doors. But " small men," who would gladly
pay five or six per cent., cannot obtain the facilities
necessary for carrying on their business. They
are still tho sufferers, as they invariably will be, so
long as the unjust and impolitic Act of 1844 is
suffered to remain a blot on the national statute-
book.
If the industrious classes—those who earn their
daily bread by their daily labour, and w hose most
earnest desire is to be enabled to obtain " a fair day's
wages for a fair day's work"—kne w how deeply their
interests were concerned in procuring the repeal
of the monetary code, an agitation would be excited
in every district throughout the length and breadth
of the land that would speedily lead to the satis-
factory arrangement ;of this all-important subject.
It would be made the prominent inquiry on every
hustings, the test to every aspirant for Parliamen-
tary honours. The pressure from without would
become irresistible, and " the hard calculators," and
their alders and abettors, would be compelled to
iuccumb to the voice of public opinion, plainly and
intelligibly pronounced. The only cause that has
maintained the present inequitable system is the
mystery in which it has been so studiously in-
volve(l. The people are told that it is an abstruse topic,
which requires deep study to comprehend. They
are, to use the vulgar but expressive phrase, com-
pletely " bothered," and thus disregard the matter,
shrinking from its discussion, although the wel-
fare, prosperity, and happiness of themselves and
their families are involved in the result. They
could easily understand the importance of cheap
bread, and therefore the Corn Law monopoly was
easily vanquished ; but they are insensible to the
advantages of cheap money, and therefore the still
more grinding monopoly of the hard calculators is
permitted to exist with unabated rigour, growing
more and more intolerable with each succeeding

3• ear.

THE ROYAL STATION .HOTEL, HULL

(FROM A COMMERCIAL TRAVELLER.)

The commodious and fashionable hotel, in Paragon-street,
Hull, requires only to be visited to be pronounced one of
the most splendid establishments in England. The situa-
tion is open and healthful—a few minutes' walk from all
the public buildings and places of business, and being con-
nected with the railway station, affords passengers arriving
or departing by any train, day or night, the advantage of
being on the spot, and having their wants and wishes imme-
diately attended to. Under the present management,
visitors will find every comfort and convenience, and the
charges are of the most moderate description. This great
desideratum is accounted for by the circumstance that the
Royal Station Hotel has accommodation for upwards of
150 visitors, and is fitted up with every luxury which a
hotel can command. Every class of visitors has been pro-
vided for. Beds can be had from ls. to 2s. ; private rooms,
from 2s. to 3s. ; and all the ether charges are of a character
that will give satisfaction to every class of visitors who
may pay the hotel a visit. There are gentlemen and ladies'
coffee-rooms, a special room set apart for commercial gen-
tlemen, 14 private suites of rooms, large spacious rooms
for dinner parties, public meetings, &c., two first-class re-
freshment-rooms, two smoking-rooms, bath and billiard
rooms. Complaints having been very general of the exor-
bitant charges exacted at many of the hotels throughout
the country, the present spirited proprietor of the abcve
hotel is determined to meet the views and wishes of the
public by giving not only his special attention to their
comfort, but also by adopting a liberal scale of charges
such as will give satisfaction to • all visitors. Our best
wishes are with him ; and we doubt not that the same suc-
cess which characterised his botel, " The Crescent," at
Filey, will attend him at Hull.

We understand that the marriage of Mr. John
N. Fazakerley with the Hon. Miss Georgiana Powys, third
daughter of Lord and Lady Lilford, and that of the Hon.
Thomas Powys, their eldest son, with Miss Emma'
Brandling, of Northumberland, will take place early in the
ensuing spring.
We learn from St. Petersburg that :the Italian
Opera proceeds successfully, Mme. Bosio and M. Calzolari,
both well known in Paris and London, being the conspicu-
ous favourites.

SUBMARINE TELEGRAPHS.

TO THE EDITOR OF THE SUN.
SIR,—In treating on " submarine telegraphs"
and their construction, as recorded in your valuable
paper of 23d Dec., I perceive it is stated—" There
are at least eight or ten fresh plans put forth, ex-
clusive of that which is about to open up telegra-

phic communication with India via the Red Sea."
In referreng to Mr. Allan's cables, it will appear

gat " the deeper the water in which they are laid

the safer they are, as their maximum condueting
power and strength, with the maximum of weight
and specific gravity, render their safe submergence
in the greatest depths a very simple mechanical
_ _

operation." The peculiarity of "their mechanical
and physical attributes" appears to have been lost
sight of in the endeavours of the writer to explain
with what ease and safety they could be submerged
into the greatest depths.
Assuming Mr. Allan's cable is safely submerged

e a depth of three miles, and its electrical condi-
tion not impaired, we must now consider what
mechanical effect such a pressure of water produces
on the insulator. From practical tests made by
Mr. John Macintosh on portions of the Atlantic
telegraph cable (supplied with a polasium wire in
lieu of copper), he discovered, by immersing it in
water for a continuous period of 23 weeks, and sub-

jetting it to a pressure of three tons per square
inch, that it was perfectly insulated ; but, on the
contrary, from this date the insulator appeared to
deteriorate, and at the 25th week he discovered

hat moisture had reached the centre of the core

consequently decomposing the potassium. To obvi
ate this difficulty, he immersed fresh pieces of cable
in bi.sulphuret of carbon_ and the chloride of sul-
phur, which had the effect of closing up the pores
and rendering the insulator thoroughly impervious
to moisture—this, in fact, vulcanised the insulating
core to about 1-16th of its own thickness. Having
proved, by explaining Mr. J. Macintosh's experi-
ments, that his system of preserving the insulating
medium from moisture is effectual, I beg to bring
such a valuable fact to your notice.
The result of these trials was prominently
brought forward and fully discussed at a meeting
of the Institution of Civil Engineers prior to the
laying down of the Atlantic cable, and with the
view of deterring the directors of the Atlantic Tele-
graph Company from sinking their cable in its then
inefficient state.
The subject was subsequently discussed at a
board meeting of the. Company, but, unfortunately,
it was overruled by Mr. Whitehouse, the Company's
electrician, although the fact of such inefficiency
was apparent to all.
The result of applying such a cable for deep-sea
purposes proves the accuracy of Mr. Macintosh's
experiments, but, alas ! at a deplcitable loss of from
£400,000 to £500,000.
Again, as a further proof, it is a well-known fact
that the 50 miles of cable regained last autumn
were foundto be electrically unserviceable, although
recovered from a depth of 140 fathoms.
I must not trespass, Mr. Editor, too long on your
kindness, but hope I may be permitted to state, in
conclusion, that Mr. Macintosh's improved system
of constructing Telegraphic Cables appears to have
been entirely overlooked—as, with many other ad-
vantages, his cable only weighs about 4cwt. to Mr.
Harley's 15cwt. per mile.
The main practical point to be considered in the
construction of all telegraphic cables, is, combined
with sufficient strength, perpetual isolation. It is
not by outer coverings of tarred and greased
hempen twine, or such other soft materials, that
will assist in rendering the core perfectly insulated,
but by applying to the insulating material a pres-
sure of six to eight tons per inch, at the time it is
encased round the copper conductor. This pressure
is obtained by passing the conductor between a
series of powerful double rollers, similar to the
mode of manufacturing circular rods of iron ; and
to prevent abrasion, fibres are incorporated in the
outer coding of the insulating material, producing
a body of such consistency and power of
resistance against
,any alteration of form that alone
is not inherent with the pure insulating. substance,
such as gutta percha or india rubber. I may add
that the finished cable, on leaving the last rollers,
passes through a body of cold vulcanising liquid,
which has the effect of hardening the surface, and
thoroughly closes up the pores, besides rendering
the insulator proof against moisture and decompo-
sition.

I conceive that a cable constructed on such true
scientific and practical principles, ought, and, I
believe,*ill eventually be, the one only capable of
permanently resisting the severe natural actions to
which all submarine wires are subject to.
I have the honour to be, sir, etc.,
Dec. 24, 1858.

G. It,

THE SURGEONS OF THE LUCA:NOW

GARRISON.

ATEST NEWS.

THE CALCUTTA AND CHINA

MAILS.

MARSEILLES, DEC. 27.
The Euxine, with the mails from Calcutta and
China, arrived at Marseilles at 8 a.m. this day.
The mails left for London at 10.
No quarantine.

INDIA AND CHINA.
We hare received, via Trieste, files of papers from
Calcutta to the 23d of November, and from Hong-
kong to the 15th of November.
We take the following from the Calcutta Eng-
lishman of the 22d of November :

" The whole of the intelligence furnished by Go-
vernment to the local press with regard to the ope-

rations of the army during the last fortnight is con

fined to four telegraphic messages ; one announcing
the capture of the fort of Samree, in- Oude, by
Brigadier Eveleigh, with the loss of only two Euro-
peans killed and four wounded; the other intimat-
ing that Madho Singh, the rebel chief of Amethie,
has surrendered, and that the fort is now occupied
by cur troops; a third from the Political Resident at
Indore, stating that Gen. Mitchell had marched to
Hoshungabad, that Brigadier Parker's force would
arrive there on the Bth, that Lieutenant Kerr has
been obliged to desist from following the rebels into
the Chindwaree hills, a large body haviug been re-
ported to be crossing the Nerbudda near Choyer ;
and the fourth that Brigadier Eveieigh's column at
last attacked 8,000 of the Sunkerpore fugitives,
took three guns, and dispersed the enemy with a

loss ; and this is actually all the news which has
been communicated to the public at a time when it
was generally believed that the present favourable
season would be taken advantage of for effecting
some great and decisive movement. The realisa-
tion of these expectations is moreover likely to be
delayed for some further time, since it has
been determined to afford the rebels every
possible chance of availing themselves of the
proffered amnesty, whilst on the other hand
the indisposition of the Commander-in-Chief is not
unlikely to be another cause of delay. Letters re-
ceived from the camp mention that many of the

rebels and. budmashes had surrendered upon the

strength of the amnesty promised in her Majesty's
proclamation; but, until the whole of the districts
follow the example; the work of pacification will
be only a slow one. The great object was not only
to distribute copies of the proclamation among the
rebels- as widely as possible, but also to give them
convincing proof of the promise of forgiveness not
being a dead letter. The authorities have for that
purpose hit upon an original and Very efficient
plan, which is to pardon altogether a number of
rebels caught and condemned to death, and then
allowing them to go wherever they please, giving
them a number of copies of the proclamation for
distribution among the rebels. We trust that the
result may realise expectations. In some parts,
however, the rebels do not appear to be disposed to
surrender, for we have received private intelligence
that Brigadier Wetherall, with the Suraon field
force, on marching against the Fort of Amethie,
and expecting to form a junction with the column
under Major-General Hope Grant, was attacked by
the enemy, who appears to have mustered up suffi-
cient courage to come out and fight the forces
brought to bear against him in detail. The
enemy was signally defeated, but the field
must have been contested more obstinately than
usual, for the casualties on our side amounted to
more than one hundred killed and wounded.
" According to the accounts received from all
parts of India, the arrangements under which the
Queen's authority over India has been ushered in,
is very satisfactory, and it is pleasing to learn that
according to all appearances the respectable class of
natives generally received the official intimation of
the change of Government with gratification and are
particularly pleased with the Proclamation itself.
Addresses to her Majesty are being prepared in
several places, and there will be no end of loyal
professions and good wishes. There are also several
among the native princes who, we are told, intend
following the example, and her Majesty will,
therefore, receive quite a rare collection of auto-
graphs, which may serve as an addition to her
Majesty's private museum."
The following items of news were supplied by
Government :
" Service Message from G. F. Edmonstone, Esq.,
dated Allahabad, 11th November :

" The Fort of Samree, in Oude, was taken by
Brigadier Eveleigh on the 9th, with the loss of only
two Europeans killed and three or four wounded.
Madho Singh, of Amethie, had surrendered to
Major. Bannow, civil officer with Commander-in-
Chief's camp."
" Service Message from G. F. Edmonstone, Esq.,
dated Allahabad, 11 th November, 7 p.m. ;
" The Fort of Amethie is now occupied by our
troops. The sepoys have fled. The quantity of
ammunition and guns taken not yet known."
Service Message from G. F. Edmonstone, Esq.,
dated Allahabad, Nov. 13, 5.30 p.m.

" Sir Robert Hamilton reports from Indore, dated
10th inst., that General Mitchell had marched to
Hoshungabad on the 7th, and Brigadier Parker's
force would arrive there on the Bth. Lieut. Kerr
has been obliged to desist from following the rebels
into the Chindwarree hills, a large body being re-
ported to be crossing the Nerbudda, near Chover.
Lieut. Kerr was at Khapakra. Rebels are said to
be making for Hosahagdugchat ; they are short of
ammunition.
"Major Barrow reports that 16 guns have been
secured in the fort of Amethie, but that there are
more. Three companies of the 54th Regt., with
guns, cavalry, and Sikhs hold the fort."
" Service Message from G. F. Edmonstone, Esq.,
dated Allahabad, Nov. 18, 2 p.m. :
" The following intelligence has been received
from Sir R. Hamilton, dated Indere, 9th—
" Major Cavers, with some of the 23d Infantry
and 100 Poonah Horse, was expected to arrive at
Berhampore on the 16th.
" Rebels between Meilghaut and Julpy Anniair,
on. the north bank of the Taptee, advancing on
Berhampore."
" Service Message from G. F. Edmonstone, Esq.,
dated Allahabad, 18th November:—

" The following intelligence has been received
from Major Barrow, dated Sunkerpore, the 18th :
Brigadier Eveleigh's column attacked 8,000 of the
Sunkerpore fugitives, took three guns, and dispersed
them with loss. This portion of Byswara quite
cleared of rebels. Salone District settling down,
and all our Thesecl posts being established."
" Service Message from Sir 11. Hamilton, dated
Indore, Nov. 19, 8 a.m.:—

" Some Sowars from the rebels made an attack
on Imdwa (?) on the 17th, and plundered the
place. Nothing from Capt. Keating to-day."

" The following is from Purtabgurh, dated the
13th of November :

" ' The guns taken, or rather given up, at Amethi
were brought in here to-day, where they are de-
posited in the arsenal, about 27 in number, I believe,
but I have not yet seen them. The Commander-
in-Chief marched yesterday from Amethie, taking
the Amethie Chief with him, towardi Pasadipore,
when the same thing will, I fancy, be enacted over
again. The rebels all got away from Amethie, and,
I fancy, took their arms with them. How this is to
end I do not know. I suppose the intention is
thoroughly to break up their organisation, tako all
their forts and heavy guns, and then leave the
work to be finished by the civil power. There are
two forts at this place, or rather an entrenchment
and a fort. The former is to be evacuated and de
stroyed. The latter is a large square building, sur-
rounded on the outside with a deep though
narrow ditch, with bastions at the four corners.
It is amply strong enough for our purpose, and we
ought to have a place of the kind, only a good deal
larger, at every station in India. Ido not fancy
that any large garrison will be kept up here per-
manently. I believe a European regiment will tie

-- -
quartered at Sultanpnre and at two other places on
this side of Oude, and probably a detachment will
be kept here. At present we have two companies
of the 54th Lancers, and some native troops, among
others a Sikh battery. The natives in the neigh-
bourhood are bringing in arms daily, and a good
many have already been broken up. Occasionally
a rusty iron gun is brought in. Detachments and
details are daily passing through, and supplies for
the army in shoals."

COMMERCIAL INTELLIGENCE.

CALCUTTA, MONDAY, Nov. 22.
The Peninsular and Prierltal Company's Mail
steamer Candia arrived in Madras on the Bth
instant, and on the 16th we received by tele-
gragh from Madras the heads of political and
commercial intelligence -by her from London of
the 9th of October. On the 11th inst. the mail of
the 18th of October was telegraphed from Bombay
as having arrived, and we were furnished with the
usual political and commercial intelligences. On
the 13th we received our mails per Candia here.
On the night of the 19th we received by express
from, Bombay our files and letters from London of
Oct. 18.
The produce market has again assumed a dull
aspect, and business during the fortnight under
review has been chiefly done to fulfil lo er en-
gagements. The accounts from home and the high
cost of goods here have taken buyers aback. In
indigo we have heard of no further sales. Raw
silk in moderate deinand only. In torahs hardly
anything doing. Sugar very sparingly dealt in in
consequence of the high prices demandel by the
holders. Saltpetre in less demand, and value d
dining. Linseed in small inquiry for Great Bri-
tain, but a fair business doing for Alaierica. Saf-
flower inactive for want of good parcels. Cutch
delivering and in neglect.
THE IMPORT MARKET.—A very brisk and exten-
sive demand has sprung lip for all descriptions of
piece goods, both gray and bleached, and extensive
transactions have taken place at extreme rates.
The accounts from all the principal up-country
marts have been very favourable, which has been
the principal cause of this favourable state of affairs
here, but we very much fear that our market will
again relapse to its former level when the demands
of the buyers are satisfied.
The money market still continues easy, and we
have no doubt will remain so for some time to come.
The Bank of Bengal has made no alteration in their
rates of interest and discount.
Government Promissory Notes. —On the an-
nouncement being officially made that the interest on
the Indian Loan was made payable in London by
draughts on India, at the option of the holder, the
Five per Cents. improved to Company's rs. 4.12
discount, and the Four per Cents. to 10 nomi-
nally, for little was done. Rates again receded,
and are now at Company's rs. 5.12 discount for
Five per Cent. and 12 for Four per Cent. Some
misunderstanding arose as to the endorsement of
these securities in London, which is now cleared up,
and improvement may be reasonably looked fer.
All papers sent to England must be enfaced stating
the interest to be payable at home by draughts on
the Indian treasuries, and made payable to any
party in England who has the power to transfer by
endorsement in London, as is the practice here. If
the notes are sent back to India, these are to be en-
faced as interest payable here and transferred to a
party in India who has power, as now, to transfer
one to the other by endorsement.

CHINA.

(From the Overland Friend of China.)

Tho English mail of the 25th of September
reached Hong Kong on the 9th inst., 43 days from
London. We have little to add to our last mail's
report of the progress of the Earl of Elgin's nego-
tiations at Shanghai. It is understood that every-
thing, so far as the tariff is concerned, is arranged,
and reports ran, when the mail packet left, that
the Commissioners would sign the papers as on
Monday, the Bth inst. The• business commenced,
the Earl of Elgin intended a trip up the Yangtze-
kiang, some say as far as Hankow, the western-
most of the ports promised to us under the new
treaty. Whether the Nankingites will permit the
squadron (the Furious and Retribution steam M-
I gates steam sloop Cruizer, and gunboats Lee and
Dove) to pass unmolested remains to be seen. We
hope every pains will be taken to notify Taiping-
wang's chiefs that our intentions are peaceful, and
that there is to:be no interference with the dynastic
struggle. Hienfung's tribe, we may be sure, will
do all they can to propagate the belief that, for
some vaunted ooncession—the concession of passing
up the Yangtze-kiang, perhaps—we are to aid in
crushing out rebellion.
Trade at Canton has taken a fair start. Since
last despatch, six vessels have left Whampoa for
London direct, viz., the Cairngorm, Chieftain, Lam-
mermuir, Morning Star, Warrior Queen, and Me-
liora. The next ship off will be that splendid new
English clipper Friar Tuck, the captain, officers,
and crew of which have been promised a gratuity
of £l5O if they are first home. One ship has. left
Macao with teas, too, the Levanter, for New York.

From Shanghai there had been no despatch for
England for a fortnight, though one ship, the ju-
bilee, for London, left after our last report. Two
ships for New York complete the role of tea: ex-
port thence to present date.
From Amoy there has been one vessel for the
Cape of Good Hope.
Total of tonnage in China at date, 197,926 tons
against 192,425 tons of last report.

Reverting to political matters—the Baron Gros
returned to Shanghai on the 25th ult., and as his.
Excellency does not accompany her Majesty's
Ambassador np the river, it is presumed he has not
yet concluded :his arrangements with the High
Commissioners. The United States's. Commissioner
is still at Shangai, so we infer that his negotiations
in. the matters of a tariff are incomplete.
At Canton affairs are in much the same state as
they were a month ago. There is a little more
bustle in the suburbs, but within the city, both old
and new, but very few business hongs are open.
The allied Commissioners posted a proclamation
on the 10th inst., in which the inhabitants were
informed that the prohibition against removal of
furniture was taken off. It will not surprise us
find no timelost in carrying off what was left whet
a stop was at last put to the exode. Thy public
are not to believe that the Chinese are contented
with the prospect of our continued stay within
the city-of Rams; and if we are not goidg to re-
main there, they will have a difficulty in com-
prehending our reason for making a splendid car-
riage-drive along the inner base of the wall
from the Allied Landing place to the foot of Head-
quarters-hill. Between the Little North (North-
East) Gate and Coong-yin-sam, too, nearly all the
houses have been thrown down; and as the wallS
were principally composed of mud, the materials
form excellent filling in for, a macadamized parade
ground, extensive enough to manceuvre 10,000
troops. The garrison, we are glad to say, continues
generally healthy.
Kweiliang and Hwaskana, Imperial Commis-
sioners, have been true to their promise to notify
the country of the conclusion of peace. At all
events they have done so in the south, as ex-
hibited in the following rendering of one of the two
cash newspapers obtained in Canton last week.
Kwei, Imperial Commissioner, &c., and Fa (Hwa),
Imperial Commisioner, &c., issue this proclamation
in order to pacify the minds of the people.
"Be it known to you, people, merchants, and
gentry, in' all the provinces, that a treaty of eternal
peace has been concluded at Tient-sin with the
Ambassadors of England, France, and America. Now
that this treaty is settled (or after the treaty has
been settled) we and all foreigners, will continue
to enjoy tranquility. It is our earnest hope that it
will be so, and you should all be aiding in and
about the same. Obey—Do not despise this.
" Dated the 3d day of the Bth month of the Bth
year of Hienfung (Bth Oct., 1858)."
The publisher adds.—This was sent (received P)
from Shanghai during the 18th day (24th Oct.)
His Imperial Majesty's chartered steam tram-
port Scotland, Capt. Kendall, came in from Turon,
Cochin. China, last evening, having stopped at
Macao to land 30 men and three officers all suffer-
ing severely from fever and dysentery. Four out
of nine Spanish transports which had left Manilla
with cavalry had arrived, and landed the men and
horses in good order. There had been no fighting
in the period of the Scotland's absence, but an ad-
vance on Seguin is to take place early next month.
Hue- will not be attacked until the north-east
monsoon is well advanced. The troops, especially
French, are suffering terribly from dysentery.

EXCHANGE AND BULLTON.
HONG KONG, Nov. 14.
Oriental Bank Corporation.
On London, six months' sight, 4s. 81d.
On Calcutta, three days' sight, 223 rupees per 100 dols
On Bombay, three days' sight 223 rupees per .100 dols.
Geld Leaves.-23.10 dols. per tael.
Gold Bar.-22.90 dols. per tad.
Sycce Silver.-7 per cent. premium.

Other Bills.
On London, six months' sight, 4s. 9d to 4s. 91d.
On Calcutta, three days' sight, 224 per 100 dole.
On Bombay, three days' sight, 224 per 100 dole.
AmoY, Nov. 6.—Exchange.—Mexican dollars, 1 per
cent. discount.
SHANGHAE, Nov. 6,--On London, six months' sight,
Gs. Bd. per tael ; Calcutta, three days' sight, 312 r. per 100
tads; •on Bombay, three days' sight, 312 r. per 100 tads;
drafts on Hong Kong, 30 per cent. discount.

OPIUM.
HONG KONG, Nov. 14.—01 d Patna, 680 dols. ; New
Patna, 710 dols. ; MiLvay, 605 dols ; Old Benares, 635
dols. ; New Benares, 730 dols.
I‘leAo, Nov. 13.—01 d Patna, 680 dols. ; New Patna,
710 ls. ; New Benares, 728 dols. ; Malwa, 610 dols.
AMOY, Nov. 6.—Patna, 737 dols. ; Benares, 735 dols.
Foocnow-Foo, Nov. 4.—Patna, 740 ; Malwa, 659 dols.
SHANGHAI, Nov. s.—Patna, 520 taels ; Malwa, 410 tads.

The following telegrams have been received at
Mr. Reuter's office :

VIENNA, SUNDAY EVENING.

The semi-official Austrian Correspondence of this
day publishes a strong article against the insurrec-
tionary movement in Servia. The article defends
the rights of the Porte, and asserts a readiness to
negotiate. It also announces that the Austrian
Government is about to take precautionary mea-
sures of a military character.
MARSEILLES, DEC. 25.

According to private letters from Naples, of the
22d inst., reports were current that Government
had ordered an additional levy of eighteen thousand
men. It was also said that great activity prevailed
in all the arsenals in the manufacture of arms.
BELGRADE, DEC. 25.

After Prince Milosch had been proclaimed Prince
of Servia by the National Assembly, a provisional
Government had been constituted, which was com-
posed of Elie Garasanine, Minister of the Interior,
Sterka and Agricio. A military counter revolution
has been put down (baseitigt). Public tranquillity
had not been disturbed. Prince Alexandar remains
still in the Turkish fortress.

FRANCE.
PARIS, SUNDAY.
Christmas-day was observed as a close holiday
at the Bourse and public offices.
The Emperor and Empress went last evening to
the Gymnase Theatre to witness the representation
of the new piece Cendrillon, by M. Barriere.
Prince Napoleon gave, the day before yesterday
in his little palace in the Avenue Montaigne, a
dinner to several of the Ministers and members of
the Superior Council of Algeria and the Colonies.
The Journal des Actionnaires gives the following
explanation relative to the new credit establshment
which has been so much spoken of The neW
bank will, we are assured, take the name, of
Societe Generale du Credit Industriel et Com-
mercial.' The operations of this society will hese
nothing in common with those of the Credit
Mobilier, at least as regards speculation; they
will rather resemble those of the Comptoir d'Es-
compte. An officer of the new establishment
nominated by the Emperor, will have the right Of
veto ; a permanent committee, appointed by the
Board of Directors, will watch over the execution
of its orders. As to the subscription of the capital,
we think we may say that the plan now definitely
settled provides for raising it by public subscription•
The amount of the capital will, it is said, be 60 mil-
lions, which does not appear too large when we
consider the wants to be supplied. It is generally
believed that the Council of State will soon
approve of the statutes, which have already been
reported upon by the section of finance. It will
be well, in fact, if this question be promptly solved,
for it keeps the public mind and many in"
terests in suspense, and paralyses operations in
some of the most important shares in the market.