The Sun.
London, England, 1857-12-24 00:00:00

ITALY.

A le'ter from Rome of the 12th, in the Inde-
pendance of Brussels, says :
" The affair of the Marquis of Campana con-
tinues to Produce an immense sensation in this

4,
1 h.:

SPAIN.
The Madrid journals of the 19th contain no poli-
tical news of interest. The dismissal of General
Rivero from the general direction of infantry,
which, it will be remembered, nearly created a
military crisis a short time ago, was considered
certain, and General Aleson or General Roe de
Olano was spoken of as his successor. M. Gonzalez
Bravo, minister at London, had received permis-
sion to return to Madrid to take part in the debates
of the Cortes, but the ministers had no intention of
proposing him as a candidate for the presidency of
the Chamber of Deputies. According to the
Alambra, a Granada journal, some of the Moorish
chiefs at Melilla have entered into friendly relations
with the Spaniards, and have even expressed a wish
to pass under their rule. It adds that a French
agent had been in communication with one of the
marabouts, 'and bad tried to convince him that it
would be to the advantage of the Moors to place
themselves under the protection of the French.
What the mat about preciselyanswered is not known,
but it is said to amount to this, that " be did not
fear French soldiers, for the oors would defend
their sacred territory to the last man, but what they
feared was lighting by gas," meaning thereby
civilisation.

AMERICA.

RESUMPTION OF SPECIE PAYMENTS.
SOUTHAMPTON, WEDNESDAY NIGHT.
The steam-ship Fulton has just arrived here with
're American mails, and advices from New York to
he 12th inst.
Amongst her cargo is specie to the value of
427,000 doll. for England, and 124,000 dole, for
France.
Amongst the passengers is Lola Monte; cn her
way to Paris.
The news from Mexico state that the position of
the government had improved. The reactionary
force had been defeated by the government troops.
Comonfort and the Supreme Court were formally
installed. The port of Navidad had been declared
open to commerce.
The tendency of prices in the New York stock
market was downward.
A number of bank officers at New York had met,
and resolved to resume specie payments in full on
all their liabilities. This resolution was prompted
by the announcement that the Bank of America,
the 13auk of Commerce, the Manhattan and Na-
tional Banks had resolved to resume payment on
the 13th instant.
The total specie reserve amounts to 26,000 doll.
The deposits have not increased much during the
last two or three week. The suspension of specie
payments is now rather nominal than actual.
" The banks pay spetie over their own counter for
bills and small cheques, and the community gets
along very, well with that. When business revives
it will be a more difficult matter to carry on the
operations of trade without a general resumption.
The Secretary for the Treasury has proposed to
supply an issue of treasury notes not to exceed
20,000,000 dollars. He also proposes the passage
of a compulsory Bankrupt Act, by which insolvent
banks and railway companies may be wound up,
whether they like it or not.
There has been a skirmish between -Colonel
Alexander's force and the Mormons. , A large force
is sent against the latter, and a protracted war is
considered inevitable.
The amount in the Treasury is 6,000,000 dollars.
The receipts for the weak ending the 7th inst. wore
about half a million of dollars.
Fitzpatrick had been elected President of the
Senate. All the democratic candatee for officers of
the house were elected with great unanimity. Jas.
L. Orr, of South Carolina, was elected speaker.
The Presidedt has dismissed Stanton from the
secretaryship of Kansas, for calling together a spe-
cial session of the Lecompton Legislation. General
Derider has been appointed in the room of Stanton.
The Senate has confirmed the appointment. The
debate was looked upon as a trial of the strength
of parties with reference to the Kansas-Lecompton
constitution, and the position of the President
thereupon.
Walker, it is fully expected, will be dismissed.
Owing to the mild weather the canals were not
to be closed before the 15th inst.
The amount and value of American produce re-
tained in the interior at the close of this year will
be the largest ever known in the history of the
country.
In the New York markets, cotton sales were
limited ; the dealers wore waiting the arrival of
foreign news.
In freights, rates were firmer for grain to Liver
poo'

In the New Orleans cotton market the sales were
3,000 bales at slightly lower prices.
Sugar was firm and corn active.
Freights wore drooping. Exchange on London,
103 to 105.

THE CAPE.

SOUTHAMPTON, WEDNESDAY EVENING.

The Dane, the first steamer despatched from
England under the new contract, arrived at the
Cape of Good Hope and landed her mails at noon
on the 29th of October, Lavine" been 43 clays 22
hours on the voyage out from Southampton. The
last eight days she had to contend wi, h a south-east
gale.
The Dane would leave on her return with the
homeward mails on the Ist of December, and is duo
in England on the 12th of January.
The steamer Queen of the South arrived at the
Cape of Good Hope, from Portsmouth, on the 21st
of October, with 760 troops, and left eight days
afterwards for India ; also, he steamer Scotia, on
the 26th of October, from Portsmouth for Bombay,
with 326 troops ; the steamer Iwperatriz arrived
at Hong Kong on the Ist Nov., with 539 troops.

TBE OTTOMAN BARK.

TO THE EDITOR OF THE SUN.

SlR,—The only investment which has not taken a rise
in consequence of the improved general and monetary
aeptct of affair 3, is the Ottoman Bank, with limited
Lahiffty. This arises from the directors studiously
keeping secret the enormously large and productive
business which the.bank is doing. It is their duty, as
they di I before, at the Suggestion of the Times news-
paper, when their stock was similarly depressed, to
pudsh to their shareholders the trua and, I believe,
flourishing condition of their affairs.
Your obedient servant, A. W.
London, 21st December, 1857.

FATAL OMNIBUS ACClDENT.—Yesterday morning.
between nine and ten o'clock, a lad named James Mitchell,
whose parents reside in Colleg, -strk et, Chelsea, was
brought into St. George's Hospital, Hyde Park-corner,
having been run over by an omnibus iniCnightshridgf
the effects of which he was so severely injured tha,enoont:
withstanding the utmOst endeavours of tLe_he poorhenses boy,
urg
he expired shortly after his admission.
it appears, was crossing near the
park_ gates, when, in
T
avoiding a carriage which was coming°re3fle from the d:rection
quickestofthe omnibus,
of Piccadilly, he ran against the
hpossible
the driver of which pulled up leh
manner, but too late.

city. In addition to the 200 then who have been
thrown out of employment by the closing of his
marble works, the charity-school for 300 young
girls, which he maintained, has been also shut up,
a fact which has given rite to a strong feeling of
discontent among the people. The law advisers of
the marquis have succeeded in getting rid of the
criminal question, and the affair will now come
under civil jurisdiction only. The Government
has seized, as has already been stated, on the pro-
perty of M. Campana for the 570,000 crowns, ti e
amount of his deficit, but it remains to be set it
whether the marquis, in his quality of director of
the Mont do Piete, could not make a loan to him-
self, as he did to several commercial houses, this
establishment at Rome doing the office of a com-
mercial bank. An interesting episode connected
with this atfa;r, is the following :—Madame Cam-
pana, the daughter of Madame Powells, whose in-
terference aided in the liberation of the prisoner of
Ham, is to leave for Paris immediately, to request
the interference of the Emperor in favour of her
husband. Doctor Palacci, the physician of the
family, during one of his visits to the marquis, took
charge of a letter from him to his wife relative to
his intended journey. Unfortunately the doctor
was searched and the letter found, and he was put
under arrest for conveying it."

SWEDEN.
A letter from Stockholm, of the 16th, iu the
Constitutionnel, says :—." It has been stated at the
Exchange that the Minister of Finance has received
offers from a banking house in Paris to furnish the
Swedish government with three millions of thalers
banco (6,000, 000 fr.) as a loan, to be paid within six
weeks from the day the agreement is signed. The
conditions on which this sum is to be lent have not
yet transpired, but it is said in financial circles that
the terms are such as may be accepted, particularly
in the situation in which Sweden is now placed.
The number of failures which have taken place up
to this time amounts to twenty-two. Among them
the most to be deplored are some large saw-mill
establishments founded by shares, and having a
very large capital. Timber was exported by them
to England in enormous quantities, and the bills
drawn for these supplies having been returned un-
paid, the directors found it necessary to declare
themselves insolvent, and consequently to discharge
more than, 2,000 men who are now out of employ-
ment."