The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1848-08-14
Minister Isnipotrntisry Of the French republic
The preliminary proceedings for the formation

of the constitution are going on but, under ex-
is!iDg circumstances, are OF subordinate interest
The state OF siege still continues, and no time Is
now fixed for Its dlscontlnuance.
The military tribunals still occupied with
the trials OF the insurgents, but we have no salts
factory official statements to enable us to form
correctjudgment Of the guilt innocence of any of
the part,s s. The con'prators OF May Is, Barbes,
Sobrea, and their accompces, seem 10 be for
COTTON. They are. still lingering in prison, and
their future fate il altogether unknown The
seals. however, have been removed from the print
ing offices and blreane of the Presse, but the pro-
hlbitlon against It's temperance has not been re-
moved
The Paris journals of Wednesday have now
reached us. NJ Theirs on that day made his first
appearance In the tribune of the National Assem-
bly,. He judlciously selected the opportunity of
presenting report from the committee OF finances,
upon the proposition of nj. Proudhom, 10 cOniis-
cate one-thrd of the income OF all proprletors.
The speech was received with every demonstra-
ton Of satisfaction from all parts of the Assembly,
with the exception OF the mountain. M. Proud
HON protested against II, as being an accusation
rather than report, and complained that his ideas
had been misrepresented, and his principles DIS
torted. Some little difference of opinion took
place upon particular expression, and amongst
the directors was Gen Cavaiguac, who is repre-
sents as having been not little excited against
M. Theirs by the observations of the party of the
ertnme gauche, so long as the capital is under
military regulations. All the passions of the va
nous parties seem TO be curbed and held IN check.
The Germanic Difficulties.
The reluctance Of General Wrangel to sign the
armlstce between the Danes and the Germanic
Confederation, has not been so easily overcome.
temporary truce was, however, concluded for
three days;
Lord Palmerston, who appears to have afforded
the latest authentic information, stated on Tuesday
evening, that he had just received communications
from Berlin, from which he hoped that the diff
culties interposed by Gen. Wrangel, which are
more oil form than substance, may be overcome.
Lord P still felt confident that the armlstce agreed
unon at Malino will be signed and concluded
Affairs In Austria.
The news from Vienna is to the 2Ist inst The
opening of the Diet by the Archduke John, was
to take place on the following day. After this cere-
mony, the Vicar OF the empire will return to Frank
fort, and it said that the Emperor will afterwards
return from lnnspruck to his capital.
The siege OF Prague was to be raised on the 2lst.
From the Danube prlncipalilies, no further all-
thentc intelligence has been received of the pro-
gress OF the Russian armies.
After the expulsion of Prince Cibesco, the pro-
vislC nal government passed DEGREES for the aboli-
ton of punishment by death-the establishment
OF the liberty OF the ,press-the organization of a
National Gusrd-a loan of the markets of the
tIlles. The Russians, however, we believe, have
demanded the restoration of the Prince, and will
probably insist upon it by force of arms.
Affairs In Italy.
In Italy, the war is carried on with variable
The Austrians have entered Ferrara, levied con-
siderable supplies, and then again withdrew from
the city.
BY the, most recent accounts from the Royal
Camp, all communications between Mantua, We
roma and LegnagO are completely interrupted
The Duke of Genoa, with $500 men, invests
Verona on both sides of the Adige, in the positions
near Rivoli.
The Duke of Savoy is on the other side of the
Du CASTILLO, to prevent the egress of the Austrians
on that side. Continual sklrmishes take place,
but none OF character to decide the fate of Italy
The Chambers of Turin have voted for the an
nexation of Venice to Piedmont Immediately.
The King OF Naples was made cognsant OF the
election OF the Duke of Genoa to the throne of
Sicily He commenced preparations, on an extern
slve scale, tor the invasion of that island. 1t was
calculated that the forces available for the inva-
sion, would be about 10000 troops in Calabrla,
about 5000 in the fortress of Messna, and 5000 or
S,0OOln Naples. 1t was expected that the embarka-
ton would take place about the 10th, and would
land at Syracuse.
Spain and Portugal.
From Spain, we learn that the Queen has been
officially declared to be enc,ente. However, some
lmprudence had occasioned alarming fears for the
Illustration OF the hopes of all loyal Spaniards
We learn that the Montemolinist movement on
the Northern frontier has not succeeded, but the
accounts are SO little trustworthy that it is mpos-
slble 10 speak Of the SUBJECT with any degree Of
certainty. Don Francisco de Paula, the father of
the King Consort, has been exlled.
Nothing remarkable has occurred in Portugal
The last dates to the 10Th inst, from Lisbon,
when allalTS were very gloomy.
Latest Intelligence from the Continent.
We have intelligence from Bologna, stating
that four of the legations had declared against the
Pope, and some were for Joining Tuscany, and
others were disposed to 60 over to Upper Italy.
provisional governm mt has been declared at b.
logna.
The Hupgarians had met severe defeat at Sye-
gedin.
The accounts from Madrid state that the Queen
is better A party Of spaniaards had rebelled
against and Murdered, at Valladolid, and pro-
ceeded to Join the Montemolnlsts.
Paris is Tranquil.
Letters from the continent speak favorably of
the crops, and that the potato disease not ex-
tensIve.
Movements of Russia.
Lord Palmerston asserted, some days ago, that
up to the latest dates, the Russians had not entered
Wallachla neither had any Turkish force.
The occupation of Moldavia by the Russians, is
still not regarded act of aggression, although
the events which are occurring In such rapid sue
cession In Italy and in the outlying Austrian
provinces, may soon alter the character of the
Russian policy.
A reference to st. Petersburgh for instruction to
ect, has been made by the Russian Representation
Wallachia, and no answer has yet been received,
II we may credit the Vlennese journals. The
peasantry in Wallachla regard the Russians as
theirdeliverers; and they allege that the country
people put to death the emlssaries who had been
sent amongst them to stir up an instruction.
These papers positively assert that the Russians
have entered Wallachia, and would enter Bucha-
rest on the 10Th or 10th.
Accounts from India and China.
The Overland Mail from India has arrived,
bringing dates from Bombay to the LIST June, Cal
cuta to the I'd June, and Hong Kong 9th May i'm
elusive.
At the Chinese ports every thing remained quiet.
At Hong Kong there was better feeling for i'm
port business; but the East India markets, espe-
cialy the Calcutta, the news from France had oc-
casioned great ALARM and business was at a stand
still. Birley, Cor Il Co. had stopped payment.
Commercial and Financial Intelligence.
The progress of trade and during the past
week, has been greatly retarded by the extreme
easiness which felt respecting the state Of affairs in
Ireland.
The markets for Colonial produce have, therefore,
been less active, with the exception of sugar. which
has been in fair demand.
Tha GALES Of cotton q q a rpadarat.. aytasat