Herald of the times, and Rhode Islander. [volume] (Newport, R.I.) 1846-1849, 1848-06-29


| Halifax, Friday morning from Liverpool, fo
New York, and her news reached Boston Sun
day night via Portland, by an express Slcamc
and the railroad.
|, The Cotton Market at Liverpool was rath
or languid, sales being mostly confined to i'm
mediate wants for consumption, and holder:
feeling rather desrous of realizing. Price,
therefore slightly recedcd. The stock ia Liv
erpool was estimated at 5ll, 40 bales, agains
1856 $40 at the same time last year.
As to the grain market, our accounts have
this information -
\ The extremely fine growing weather which
continues TO prevail, exercises n very depres
sing effect on the grain trade in all parts of the
United Kingdom. Holders of wheat acceded
to reduction of Is to IS per quarter Barrel
led Flour does nothing more than 27s I'd Ia
2ss, duty paid. Indian Corn has sustained an
important fall. white not realizing more than
sos to 32s, and yellow 32s TO 34s per quarter.
a few days ago sales were forced at Is Cd per
quarter under the above prices. Indian Meal
il now quoted at l4s to lls Cd.
The manufacturing districts do not yet eX-
hbt much more activity than at the last re-
port.
The directors of the Bank of England have
commenced to make advances upon Bills OF
Exchange and other approved securities, at
the rate Of three per cent per annum.
The following abstract of the general conti-
mental news, is from Wilmer & Smiths Euro.
Pean Tines
The Continental news is still of a grave
Il n,,I L.,
decisive battle, the hopes Of Austria, with re-
gard TO the retention Of Italy, are annihilatcd.
The Piedmontese and the Lombardians have
pronounced in favor of the union; and Charles
Albert, who is now regarded as the liberaior
of Italy, is To be rewarded with the Crown :
GerInany, especially Prussia and Austria, con-
tinues in very unsatisfactory state, whilst the
renewal of hostilitics in Schleswig, now will,
we hope, lead to an immediate and satisfactory
arrangement, which we deemed perfectly de-
lusive from mere mediation, however unfuen-
tial.
A juncture having been formed between the
Austrian armies of Nugent and Radetsky, the
Austrian united forces amounted, as far as wei
can learn, TO about 30, 1000 men engaged in the
battle, and the Piedmontese had probably
about the like number in the field although
the whole army OF Charles Albert amounts toI
90 900 men. On the 30th ut the two armies
cane to battle, which appears to have been
one in which the artillery on both sides were
brought into play. The Ausirians, on the
Goth, had forced the Tuscan and NeapolianI
lines, and completely routed them, and having
advanced to Groito, on the morning of the
Both, Charles Albert was compelled to come
INTO action. For some time he appeared to act
entirely upon the defensive, and an eye wit
ness OF the battle, which lasted from one O'Clock
ill six, seemed in great doubt which way the
oItunc Of the day would turn. But, however,
he Austrian forces at length gave way, and
retired in the direction of Nlantua. AT the mo-
ncnt of victory, which the Picdmon,cse claim,
he fortunate intelligence of the fall of Peschie.
"a reached the camp, together with the news
Of the decision, by ballot, of the union of LON
,ardy with Piedmont.
The Italian combined army seemed highly
elated with their prospects, and the campaign
having now began IN real earnest, we trust
that either by force of arms, or by some AMIGA
bic arrangement, that peace will soon be rc-
stored to Italy. The utter disorganizaton of
all government at Vienna must surely super
induce some pacific solution Of the present hope
less contest for keeping Italy any longer un-
der Austrian thraldom. The Pope has des-
patched Monsignor Morichini TO Vienna TO ne
gociate peace, in which we hope he will be
successful. The conditions recommended by
The Pope are, that Italy shall be restored to hci
natural boundaries, and that the Germans shall
recro>s the Alps. The people of Italy and
Austria would then become brothers.
Letters from Ferrara state tha, the Ncapoli.
81. ,.,., L..
allied army. The moment is critical. The
intelligence from Naples announces that Gala
bria was in full insurrection body of 1900
Scilans had passed the Straits from Mcssina,
with ten pieces Of cannon, To assist their broth
ers in Calabrla. The famous Romeo and his
two sons had landed at Civa Ncc, hia and
were on the road to join the insurgents. The
King of the two Sccs will scarcely be able
to resist the overwhelming feeling which has
now set against him. The troops are said to
be everywhere disarmcd, and the people march |
ing on tho capital.
In Vienna matters continue in the same
state all endcavors to induce the Emperor
to return to his capital have failed. The Rus
sian ambassador has joined the court at Inn
spruck, together with several of the chief no.
blli,y The retirement of the Emperor has crea-
ted the greatest excitement in the Hungarian,
Sclavonian, and Creation parts of the empire,
and 1t is altogether impossible to form conjec-
ture of the political consequences which must
attend this almost virtual disruption of the Aus
lrian monarchy.
In Prussia, matters seem TO be still worse.
At Berlin the mob have obtained the complete
ascendancy in the Government. General
A schof, the Commander of the Burgher
Guard, who WAS also Military Commander OF
Berlin, has been compelled to resign his com
nand of the Burgher Guard, owing TO the
jealousy of the people of his connection with
he Court Affairs are in a restless, uneasy
state. The arms distributed by the govern
nent for the maintenance of order are very
likely 10 be turned against the Court and
Iltogether the violence of the clubs and the
against "re-action" seem like
v to have some serious resu It's. The
Prince of Prussia has arrived at Potsdam
The Diet at Frankfort appears afraid TO deal
with the liolstcin Schloswg question. A
notion has been proposed to make the affair
rational one, and that the war will not be
lllowed to end without previous satisfactory
" for Tie rights Of Me duchies and
he honor OF Germany" but the Assembly has
,ut it of to committee to determine the or
Ter in which it is to be brought before the Diet
The honor of Germany and the rights Of the
Iuchics will be best consulted by leaving