The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1848-07-03
TWO CENTS.

cases could mention. have only produeel DELAY ex-
pense, and disappointment The cabin fittings ar
engagements for passengers and general economy Of
the passage department. not certainly in English
steamers equal to the beautiful appointments Of the
American steamships During the recent visits Of the
United States mail steamships Washington aud Her
mann, great numbers of people visited them; amongst
inc numbers were many who were connected With the
ships of the Peninsular Company and West India Mail
Company and the luluries, convenlences, and
beautiful fittings OF these American vessels were
admitted to be far superior to the decorations
and appointments of the former. Intelligence has
within the last few days been received of the
loss of fine steamship, the Ariel,r belonging
to the Peninsular and Oriental Steam Navigation
Company. The Ariel was iron vessel, and had
Gently been employed in carrying the mails between
Alexandria and Malta, but being ordered home via
Leghorn Naples and Genoa for the purpose OF picking
up nssh people who were DESTROYS OF leaving in con-
sequence of the troubled state of the country struck
the Nal d Vero shoals four miles from the seaport
town Of Vado in Tuscany about thirteen miles to the
southwark of Leghorn. As the ship going at full
speed the force OF the shock immediately Knocked
hole in her bottom the fore hold and engine filed
with water; the engines becoming unseryiceable the
commander hoisted out the boats and all the passen
gers were safely conveyed to the azaretto at Leghorn
The loss OF this fine vessel, of the fastest in the
mail service is much regretted and in the absence of
positive information as to the cause of the disaster the
Captains conduct in steering the ship right dan
gerous rocky reef properly described in all the sailing
directions, and accurately laid down in the charts is
much commented upon As, Also the accident occurred
in broad daylight, and in smooth weather. it is cons
ships reckoning could have caused her to be in tho
vicinity of those dangerous shoals The value of the
likely to lose to the extent of $4,000 if total
loss ensues There appears to be some faint hopes Of
saving the vessel according to the last news the after
hold being quite water tight in consequence of the
ship being built in compartments. 1t is therefore pro-
% ,sn eS9 sn by %s n OF
Goals, anchors, SC, and to float her of by Of
boxes This will be a tedious and difficult operation
and only likely to be successful in the event of tho
weather holding fine bad weather would have the
effect of knocking her to pieces
The Montrose arrived here the 14th, with tho
Spanish and Portuguese mails and advices from Glib
lfor In lima q. Eu1l Itna Il. fiubn T,r,,a
Oporto and Vjgo June 10-and the news from those
ports although not of striking Importance, Interest,"
merce had resumed its ordinary course. The Duke
and Duchess do Montpenser at Seville the lat
ment and obtained the pardon OF all the Seville nsur-
gents $500 in number), excepting the officers. The
whole of this body of men had taken refuge in PORTUGAL
where they laid down their arms, and they to be
sent back to Spain. The officers win take refuge in
England till some change in the administration of
Spain may render return thither safe experiment.
The state of British relations with Spain is now,
rather curious and Is understood to be very
bairassng to the Spanish Cover nment which Is ut
present without means or credit 1t is settled con-
vicion in Spain, and it is also thought in England,
that, ere long the Count Montemon will occupy the
throne and that the present ruler, together with her
corrupt and brutal advisers, will be expelled In
postscript to this will give you the latest the
subject OF the expulsion OF the Spanish ambassador
from London
The advices from Portugal represent complete
tranquility in all parts of that country This is how
ever, only false tranquiIltya forerunner Of the
gathering storm 1t is believed that movement
will take place in Portugal till something of de-
cisive character happens in Spain; and am as
sured that most complete understanding exists be-
tween the Carlista party in Spain and the Patulea
party in Portugal and that the chances of
properly weighed that there exists well founded
hopes of success. There is no doubt that Donna
Maria has shipped of to England q large amount in
Jewels and other property and many months may not
capse before Her Majesty and Court may take a refuge
In England from the just indignation of her duped and
lll-treated SUBJECTS In the meantime something Ike
scramble appears to be taking place and the govern
ment officials said to be guilty Of the most disgust
ing entertainments !; the way matters managed in
hat fla p.ingt ftvo
years salary in advance and when they 90 out of Office
never think of replacing what they to the public
full state the government having scarcely sufficient to
satisfy their daily wants all the troops are ia a-rcsr
and grand smash appears to be inevitable. From
private enabled to give you the latest prices
of produce in the Lisbon markets.
at discount Of So to o. per cent Exchange
on London at 80 days sight 52l to So, and az
burg g. and on Paris s ISV
to 14,GOo; Mexican dollars 915 to 900; Spanish dollars
10 to 12o lb Maranham Ito to lis; Para los to
lis.
From Gibraltar under date 3rd June, it is stated
that the u s corvette Marion Captain symonds, sail
ed on the evening of that day for the eastward The
lows Candles American Sperm, sos a o4 per ID;
Cotton, New Orleans, S3G Ii per III lbs Para $50
2S, none Rice Carolina 500 to per cyt, arrivals;
S14, sales; do Flour 500 selling in small PARCELS
Slaves, American pipe ties $40 90 per 1900 srrivals
Kentucky, SO a 5 per cwt; Negro-hcad 81 a 9'o do;
cuba and Havana sis q do, arrivals; American wax,
s33 do none. Exchanges London, 80 days date Asa
st. SIC; Genoa, 5fr. s2c to IF C; Madrid, days
Seville, do 4 to y dis Alicante, do. Ia dis Valen,
ca, do. Ia dis; Barcelona, do q dis Spanish pared
dollars, "a to "a per. cent premium, Freights--To
London and out ports in the United Kingdom, Brazil
and River Plate, s14 10, and 10 per cent? Gulf Of
Mexico and Havana, Sl4 10, and 10 per cent Malta,
Leghorn Genoa 81, and per cent and, for Lead, So
and per cent Moneys-One hard dollar, IL reals;
one real, 10 quarts.
Postscript.
The Spanish enlargement is exciting great deal of
attention in the London circles, and although many
absurd rumors are propgated the facts appear to be
folows-The measure Is n retaliatory one, and Don
Xavier lsturz, the Spanish Ambassador to the Court
ofSt James, has been requested to leave London by
her majestys government. His excelency according
ly left the 1sh for Madrid and diplomatic relations
between Great Britain and Spain may be said to be
commencing; the idea is too ridiculous to be enter
tanned as the Spanish government would submit to any
humiliation, rather than incur the risk Of anything
approaching to war; tbesdes the Carlista and Nom
temoln factions in Spain fully believe they have the
sympathy OF England the existing administration of
Spain could not count upon general support to any
extreme measures 1t would like to adoptand although
there will be of ink shed, and reams of FOOLS
cap paper wasted the matter, vast deal Of
Spanish bombast and arrogance, yet there will be no
hghting. There Is significant fact connected with
the present On the stock exchange, yes
terday, Spanish Bonds improved in price. One of the
evening papers hints that Cuba will be taken pos
session of by Engand--this is very unlikely, a Great
Britain does not want TO go to loggerheads with the
United States about that island. 1t isa valuable
island; but its present value Is only comparative one
that the sugar it produces completes successfully
with the free labor sugar of the British West India
Islands, and in a few years its value to England would
be very much lessened by variety q causes. and its
prosperity diminished. There is party, however,
who are very anxious for the appropriation ofCuba
II Is considered Great Bririan has rghtful claim
it, in virtue off the bondholders, claims You are
aware that the debt owing by Spain to bondholders,
amounts with accumulated interest, to the enormous
sum Of S400000000 to 900; and as the
Of Cuba pledged for the payment of the in
terest the loans represented by the bonds 1t is
gued, apart from political considerations that the
bondholders are in the position of a MORTGAGE, who
not able to obtain payment Of either principal inte-
rest for his advances has undoubted right to fore
close and seize property which, security, themo
ney was lent. Lord Panerston has long been desi-
To- a. tunit q ihn mid haaI