The pilot and transcript. [volume] (Baltimore, Md.) 1840-1841, 1840-05-07
EXTRACTS FROM LATE FOREIGN
NEWS

The five powers are still in negotiation on the
interninable Egyptian affair, and conferences
are announced as being about to take place on
this subject in England. As Mehemet seems re-
solutely bent on making no abatement in his pre-
tensions, and as the powers are equally deter
mined not to suffer the rights of the Sultan to
be infringed, the only point to be settled is the
best mode Of enforcing the submission Of the re-
belious vassal. As far as France is concerned,
it is understood that NJ. Theirs, on his accession
to power entered into stipulation with the king,
that no change foreign policy should be attemp-
ted; but whether this be, or be not true, nothing
has transpired to give us clue to the DISPOSE
tons of the new cabinet with regard to the vice
roy.
The sulphur question, in which France is as
much interested as England, is not yet settled,
but the reports of war between Naples and Eng
land are premature, and have been denied in par
lament BY the minister for foreign affairs
Prince Cassaro, the Neapolitan minister who, by
his injudicious treaty with the French sulphur
company has got his master into scrape, has
been compelled to resign, and is succeeded by
the Duke of Silla-di-San- Christina. The new
minister has not yet given a defnitive answer
to the claims made on Naples. France imports
nearly three times as much as Britain, for Rou-
en- and Marseilles consume 81 ,S74 cantari, while
LIVERPOOL Falmouth and London take only &c.
255 The French adventures have already III
store 450 900 cantari, although the yearly con-
suption does not exceed 10000. Several cabi-
net councils have been held on this subject
The monopolists have offered to come to terms
either by reducing the minimum price or by ac-
ceptine yearly revenue in compensation for
certain pecuniary sacrifices which they profess
to have made.
From the London Morning Post Of .4pril 15
MONEY MARKET, S<c.-It is stated in morn
ing paper, not distinguished by its affection foi
the Bank, of England, that the examination Of
Mr.. Smith "a gentleman connected with one Of
the Joint stock banks at Manchester) before the
select committee Of the House of Commons, on
banking affairs, was concluded ON Friday, and
that, esf the gossip current here on the subject
to be credited, the evidence he has given is OF a
very forcible and decided character against the
continuance of the baneful monopoly Of the Bank
of England" Our contemporary ought to re-
collect that according to the ancient and excel
lent adage, Some story is always good until an
other is told," and that the evidence Of gentle
men quite as intelligent and respectable, and who
are much less deeply interested in the result OF
the investigationnowi in progress than the Smiths
and the Cobdens, has yet to be received.
IF it were upon the testimony Of thi: class OF
witnesses alone that the fate of the Bank Of Eng
land had to be decided, there can be no doubt
that the labours of the committee would be very
speedily brought to close. We suppose it is
tolerably we'll known by this time that the Joint
stock bank people ut Manchester, who have not