Bedford inquirer and chronicle. [volume] (Bedford, Pa.) 1854-1857, 1856-02-08
[sEcosp DESPATCH. ]

HALIFAX Jan, 81, 10 o'clock P. NJ
The Arabia sailed from Liverpool on the
morning of the 18th, and arrived here 9.2s
this evening, bringing 107 passengers.
The steamer Asia also arrived out on the
18th, and the steamer Baltic on the 18th.
The steamer Union did not touch at South
ampton on her passage out.
The news of Russia's acceptance of the
allied propositions caused an immense sensa-
tion. The funds rose 8 per cent, aud
cotton ] farthing A panic also ensued in
the other markets.
The actual facts in connection with the
propositions are that when the Austrian
Ambassador handed the allied note Nessel-
rode he said he was not authorized to enter
into discussion, but if the note was not
accepted Internationally before the 18th ne
and all the Austrian Embassy must leave
St. Petersburg. To prevent this Nesselrode
communicated with Vienna direct and
Prince Gortschakof at Vienna had talk
with Count Buel, ia which the former pro-
duced memorandum expressing the gene
raj inclination of Russia to negotiate, but
inasmuch as it did not contain the Gncondi-
tional acceptance of the propositions, Aus-
tria could not reply without the concurrence
Of France and England. The Ambassadors
of these powers were accordingly sent TO
at London and Paris, and reply was re-
ceiyed that the Western Powers had no
motive 10 change the deecsion already care
fully considered ; and further, that if Russia
did not accept BY the sth, Connt Esterhazy
and the Austrian legation would leave, and
Austria would immediately seek to obtain
the armed cooperation of the Germanic
Diet.
This was reported to be authentic and
caused an immense excitement throughout
England but the Government despatch
published the next day put different face
upon the afair-being in effect that Russia
had only accepted the allied proposals as
basis of negotiataon. This slightly relaxed
public confidence and less sanguine hopes
were now entertained. Doubts were ex-
pressed that Russia had merely accepted
the proposals to prolong the ncgot iations
aud gam time.
The next day the English Government
published despatch from Minister Seymour
as follows:
''Russia agrees to accept the proposals
as basis of negotiations.
This qualified announcement curbed the
excitement, aud the alarmists begin to fear
that Russia merely wants to gain time by
deceptive negotiations Meantime the funds
remain steady.
Previous to the above announcement the
Vienna papers represented the state Of affairs
as most serious and alarming, and stated
that the personnel of the Austrian embassy
had received orders to quit.
The Russian embassy had been ordered
to leave Vienna during the week elapsing
between Russia's first and second reply and
an intense apprehension existed in Vienna,
but ON the 10th these apprehensions subsi-
dcd by the announcement as above stated;
that Russia agrees to negotiate on the terms
proposed.
There is nothing doing of importance
from the Crimea.
MARKETS.
LIVERPOOL, Jan. 1s, Friday Evening
Brown & Shi2ley's Circular quotes:
Cotton has advanced-sales of the week
$4,000 bales including 5000bales for export,
and 5000 bales taken on speculation.
Richardson & Spence's Circular quotes
Breadstuffs have considerably declined.
The market is unsettled and correct quota
tions cannot be given-Western Canal
feur 40s., Ohio As. Wheat has declined
and Corn also with downward tendency,