Staunton spectator. [volume] (Staunton, Va.) 1849-1896, 1855-10-31
Later fro,n Europe,

The steamer Africa arrived Al t1aflax Heu'
nesday, aad by telegraph thence we have the
principal points Of her intelligence. which ls full
week later. From the seal uf war we havsnoth-
ing that is really important or interesting. Ihe
allied army is showing considerable activity IN
preparations, but where, or how, or when the next
blow in the Crimea was 10 be struck does not ap-
pear. The allied fleet at the latest dates were
concentrated before Odessa and bombardmenI
of that place seemed TO be looked for with certain
I tys NTie Ear had been at Odessa, but left for
] SieolaieA. where an army of $4,000 Russians
were concentrated. A new campaign ON The Dan
ubs appears probable. s
The commercial news is more favorable than
was anticipated. The London money market
wa. more stringent, but there had been no farther
decline IN Consols, which are quoted at Sit
| Under the influence Of the advanced rates OF IN
terest adopted by the BaRk of England cotton was
considerably lower, with very limited sales for the
week. Flour and wheat had dvanced.-BGH.
american.
General Simpson had rendered his resignation,
which the Government refused TO accept.
A letter from Memasch says that it was eI-
pected that floating batteries would soon open
fire upon the north side Of Sebastopol.
Returns of the Bank Of England show that
there had been, since, the lth September. a de-
crease in the Bullion of .f600, 900 and in tho re-
serve of .f77S, 900, 70 :
Tho announcement that the Allies were adyan
cling upon Perekop caused further rise of quar-
ter in consols-Inaking total advance OF seven
Fights for the day, which was the latest quotation
of Friday the 18th, showing an advance OF
nce the decision Vt the bank advancing the IN
tersst was made known.
Money was in goon demand-supply fair
There Wa, an apparent cessation in the dralh OF
gold. 4
The Algemeine Zetung, of October 8, states
that it 10 positively known TO several banking
houses in Vienna that Russian negotiations in the
United States for loan are approaching conciu-
sion. and that the conditions are nearly determln-
ed upon.
from the London Shipping Gazette.
ABOLITION OF The SOUND DUEs.-The follow
inc il translation Of a nuIe sent by the Danish
Minister to thu Minister of the United States. resi-
dent in Denmark IN reference to the reputation OF
Sound Dues BY the Cabinet at Washington, after
the termination of the Treaty at present existing
between the two countries:
"Tn reply to the desire with which yos were
hind enough TO express TO me on the l4th instant,
have The honor to inform you that on the same
day received your communication, containing the
intelligence that the President Of tbs United
States declared the expiration Of the Treaty of
friendship, Commerce and Navigation concluded
on the 26lh of April, 1926, between Denmark and
the Untsd States, for the term of ten years and
twelve months after the day of the declaration of
the same.
''No one can participate ncre sincerely than
myself in your regret al seeing he termination of
treaty which for 50 long period has been fav
orable 10 the interests both of the citizens OF the
United States and of those of my august master
but ana directed 10 inform you that my Cavern
msnt cannot recognise the relation which the
Government Of the United States establishes be
tween the suppression OF the Sound Duties and
the above mentioned treaty.
''This treaty, it is true, regulates the tariff for
the payment 10 be levied on American vessels
but this very fact shows that the existence Of the
treaty and the right to levy the Sound Duties are
independent Of each other.
although the Government Of the United
States has taken the initiative in denouncng the
treaty, the government Of the King, angus. mas,
ter, cannot give up The Hope that propositions will
be made 10 it 10 open the way TO the conclusion Of
new treaty of such nature as will preserve in
tact the Commercial relations which have existed |
until new so happily between the two nations,and
as will at the same time obviaie the deplorable
bat necessary consequence Of the expiration of the
present treaty. This consequence would be that
vessels Of the United States, in the passage
through the Sound and the Belt, would be put on
the footing Of non-favored nations"
1t will be seen that ths Danish Government
refuses TO recognize 1.-THE relation which The Gov
eminent Of the United States establishes between
the suppression Of the SQUAD Dae, and the exist
ing treaty; contending that such treaty, instead
of disproving the right of Denmark 10 levy The
Sound Dues. in fact establishes the existence Of
such right, by regulating tariff according 10 the
terms of which it is 10 be enforced. This argu-
ment is an Ingenious though not novel one, since
II does little mure Than raise the point upon
which every one acquainted with the dispute has
long since felt Satisfied the whole question must
depend.