The weekly pioneer and Democrat. [volume] (Saint Paul, Minn. Territory) 1855-1865, 1857-12-10
ye.y Lot. Fursiyu Aef.s.

news yacht Of the New York Associated
Press, and news from Liverpool to the 18th,
and London 10 the 18th received The news
is thus summed up:
The dcspondent condition of monetary
matters on the departure Of the steamship
Atlantic on the A. NJ. of the l4th inst, re-
suited on the following day in a fearful
panic.
Throughout the whole country the bank.
refuse discounts 10 their patrons, which nat
urally added 10 the wild excitement. until
Thursday. when treasury letter appeared
in London and vas instantly transmitted by
telegraph to all the chief cities and towns,
suspendiny the Bank Charter act, and au.
thOriziDg the issue Of notes TO any amount
on approved securities. The effect a, Evans
Point was instantaneous, and panic ceased
as il by magic. AT Liverpool, Manchester,
Galveston and other important cities. the
news was received with ordinations Of ov.
The suspension OF the City Bank Glas-
Cow on the llth,the day the Atlantic sailed,
in confirmed.
We select the following additional suspen-
SONS from large number reported in Lon
don newspapers. xs
Sanderson, Sandman ~ Co., London, Viii
son, Morgan a Co., stationers. London,
Fitch 4 Skeel, London, Luddngton n Co.,
iron merchants, Liverpool, Mex enzie, Ram
sey Il Co, Dundee, Diaper, Pcton n Co.,
London Falman, Grenel & Co.. Liverpool,
Banbroadce a. Co., Swansea, S,ergnan &
Co., Nottingham.
The London money market was steadcr
on the 18th inst. Bank stock sold at 90 j,
a2l2. Exchange bills were firm, and feel
ing in business circles became decidedly
more cheerful as soon as it became known
that the Government had authorized the
Bank to extend its issue without mourning
/ penalty.
! The details Of the news from India by
the last mail add but few facts OF special
/ importance.
/ The latest report from Delhi states the
loss OF the British at that place in killed
and wounded was inside of 200. including
Ct officers. s. X indin had brought the
mutine rs of q. Warrior, contingent, under
his control, by ranging against them his own
troops and 10000 Chakoors, and cutting off
their supplies.
/ 1t is reported that Lucknow, which was
relieved on the 25th of September was
again besieged by Neena Sahib with 10000
/ rebels.
/ All the city people found in Delhi were
bayonetted by the British troop, Many
Europeans were lound in the city fighting in
/ the ranks Of the rebels.
The steamer Africa arrived at New
York, on the 9th, but her news is antici.
pated by the Vanderbilt
The Africa brought over three m,l,ons
and Il half in specie
The following additional items are given !:
The steamer Africa arrived last night
! from Liverpool. Her date are anticipated
by the Vanderbilt. She brings nearly So.
100000 in specie.
The official announcement OF the exporta.
ton Of grain from France, was followed in
Paris by an advance OF IL per cent on -four
The Paris Ionrse did not respond TO the
buoyancy Of the English money market.
Fuller details of the India news shows
that the relief OF Lucknow had been only
partially accomplished. Havelocks posi-
ton was considered critical.
The Emperor of France has written let.
ter to his Minister 0. Finance, discussing
the financial question. lie is panied TO see
public credit injured by chimerical fears and
10y the propagation Of 80, di>Sanf remedies
for an evil which exists only in Imagination,
and begs the Minister will deny peremptori-
ly all absurd projects attributed 70 the Gov
eminent, affirming there ia no country in Eu-
rope where public credit rests on more ex.
ten>.Yc and solid basis. The latter had bu,
! little eject
The last monthly retUrns Of the Bank Of
( France show loss o! 2.no0DoO of francs in
/ specie.
/ The Austrian Minister OF Finance propo-
ses TO meet the financial difficulty by the j.
sue of treasury bill, 10 tie amour; Of 100.
900 600 forms
/ The decree abolishing ,riiom il Russia
. /, to be published Dec. l..
/ The Legislative body i. coGvokel for the
2sth. &c
The Icnua money mGrket J. very heavy
/ The premium on gold was not changed.
; Tie steamer Emea has arrived IN Snez
with Melbourne dates 10 September !, :. and
tGi0.o00 in gold
\ destructive fire occurred At Rochester