The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-11-19
The News.

The News.
The steamship Niagara which left Liverpool on
the afternoon of the 9TH inst arrived at Halifax
Yesterday The news is three days later than pre-
yious advices and is of highly important charac-
ter The buoyancy in the London money market
caused by the intelligence of the fall of Delhi had
passed away, leaving monetary and commercial
affairs in an exceedingly depressed condition The
Bank of England had advanced the rate of interest
TO nine per cent and at this high figure the demand
for money was unusually active. Consols had uctuat
ed considerably and on the 18th were quoted at $50
q $50 for money. The stringency in money matters
had led to suggestions for governmental relief, and
deputation from Glasgow had arrived in London to
confer with the authorities. suspension Of ex
ports Of specie to India is recommended. Among
the failures the houses of Naylor, Vickers Co., of
Sheffield; Powles Brothers Co., Of London,
W. Orr q Co., of Liverpool, and Andrew Stewart
X Co., of Greenock mentioned. AT Liver
pool the cotton dealers had been struck with a
panic. and prices had declined half cent per pound
on the rates Of the 30th ult. Flour had fallen shl
ling provisions were very dull and sugar had de-
clned two shillings.
The Niagara brings nearly half million in specie.
Shipments Of specie from various points on the Con-
tinent to the United States mentioned.
Mr. Dallas our Minister at London, recently made
a speech at q banquet given to the Duke of Cam.
bridge in which he alluded in fitting terms to the
horrible atrocities committed by the mutinous sepoys
in India. and to the punishment that should be dealt
out 20 them.
The United States steamship Niagara sailed from
Plymouth on the 9Th inst, and Is now fully due at
this port
sThe political news IL unimportant. There were
reports Of another ministerial crisis in Spain and
rumors Of rupture between the French Minister at
Constantinople and Reschid Pacha.
letter has been received from Commander Nc
Clintock Of Lady Franklns Arctic yacht Fox, dated
at Cape Crans,own, in lat. II deg. He was about
70 start northward-all well-from Uppernavik.
Adyices from Martinique, of the 18th utino, state
that the French government still want eleven thou.
sand coolies for labor purposes in the colony.
Australian gold dust sold at $50 $50 o0per bun
kal in Singapore +. l., on 10th Of September.
We published on Tuesday last from the Alta Cab
fornia report received by way OF Manila OF the
massacre by the Chinese Of oil the American and
English residents al Ningpo, one Of the five open
ports lying between Annoy and Shanghai. This
news was said to he contained in private letter
received at Manila from Annoy, but no further de-
tails were given. The American ship Alexander,
which brought II 10 San Francisco left Manila on the
18th OF August. From an official correspondence In
the North China Herald Of September 10, which Is
now lying before us we are inclined to think that
this statement had its origin in outrage commit
Ted on the Portuguese residents at Ningpo on the
Goth Of June previous. On that day several armed
Canton iunks entered that port, and in spite
OF the interference Of the native authorities
and Of the foreign consuls, their crews attacked
and pillaged the Portuguese consulate under the
pretext that some Portuguese lorchas had committed
acts Of piracy They also captured and put TO death
In the streets several Portuguese traders who were
entirely innocent Of any participation in the occur
rences thus characterized M. de Montgny, the Con.
sui of France in the absence Of the Portuguese Con
sui lot no time In addressing his own behalf and
on that Of his other foreign colleagues. spirited re-
nonstrance 10 the Taota on these acts Of violence,
accompanied by demand that the articles stolen
from the consulate should be restored and in
demnity made for the other losses incurred. Once
the affair Of the Consulate terminated, NJ de Mon.
tgny adds he will proceed with the Portuguese
agents 70 assemble the claims Of the individuals Of
all nations who have been victmized by these
Chinese pirates; and he insists that the piratca
craft seized shall be sold 10 reimburse all these per
Sons for the property taken from them. The
Taota replies by proclamation, in which he states
that the Portuguese who were the original authors
Of the trouble, have been arrested and will be de-
Hvered up for trial 10 their national tribunals. lie
therefore calls upon the inhabitants Of Eingpo to
assist him in maintaining the peaoeabe residents
and officials Of that nation in their rights. and
threatens with severe punishment all who modest
them.
We publish elsewhere full details o. highly inter
esiing news from Mexico 10 the 3th inst. With sue
cessful rebellion In the south and west her frontiers
ravaged by savages her treasury bankrupt, and her
highways thronging with banditti, this unhappy re.
public seems to he In the final throes of dissolution
The United States steamship Mississippi arrived at
St. Helena, on the 4th ult from New York and Ma.
deirs, on her voyage TO China. She was in good
trim, with al well On board, and engines working ad
mirsbly. Our correspondent states that the health,
comfort, moral training and discipline Of the crew,
young and old, were attended TO with vigilance by
the commander and officers.
The subcommittee on getting up the catefalque
on which TO convey the remains Of Major General
Worth 70 the monument just erected TO his memory,
met yesterday at ] =. NJ. when several plans Of
csicialque were presented. The committee adopted
he one produced by Henry Wilson, Esq, with the