Worcester daily spy. [volume] (Worcester [Mass.]) 1850-1888, 1857-12-19
THE LATEST NEWS.
By Telegraph to the Worcester Daily Spy
ny the American Telegraph Cnmpsny's Printing Lines
once IN General Express Office, Lincoln House Block
IhAOLusWELf TO THE WORCESTER DAILY sPY.l
SEVEN DAYS
Later From Europe.
Arrival OF the t'anasIa at HnIifax.

1 n
from Liverpool 9Th inst. arrived here this
morning, bringing one weeks later news.
The British Parliament was opened on tho
Sd inst, by the Queen in person. The speech
was very vague, 1t deplores the commercial
| Crisis, and consequent distress in all circles :;
| recommends the passage by Parliament of a
| bill of Indemnity for the Bank of England !;
| reJoices over the successes of the British army
IN India. and commands the earnest attention
| of Parliament to the affairs of India thinks
| that the peace of Europe is unlikely to be
disturbed, land promises parliamentary reform.
The Chancellor of the Exchequer had in
troduced bill of indemnity to the Bank.
| Several additional failures had taken place
in London, and in Hamburg the crisis was
fearful. At the latter place business had en-
tirely stopped.
The following was embraced among the
main features of her news:
Failures have taken place of Herman Cox
| & Co., London aud Liverpool cotton trade.
liabilities 100000. Bischoif, Been, 4 Co
London, India trade, $50, 900. NJ Joel Dant-
zic, 100000, Hirsch, Moses. & Co, stettin,
100000 thalers. M. Hoffman & Co., Lon
don, largely engaged in the Swiss trade: P.
Magee, ship owner, trading as Magic & Cor
coran, Liverpool, and others of less amounts.
An order has been promulgated at Berlin,
enacting a suspension of the usury laws.
The Queen of Spain has been delivered of
Prince.
BR1rA1N.-The Queens Speeeh.-After eu-
logizing the gallantry of the troops, the speech
continues:
sit is satisfactory to know that the general
mass of the population of India have taken
no part in the rebellion, while the most con-
siderable of the native Princes have acted
fI1f hn s. Ill.
dered important services
The stipulations of the treaty which con-
cluded with the Shah of Persia, have been
faithfully carried into execution, and the Per-
sian forces have evacuated the territory of
Herat.'
In the House of Lords, Macaulay took his
seat as Peer.
In the House of Commons, Lord John
Russell gave notice that on the 10th he should
move Tor committee of the whole house to
consider the oaths of abjuration and civil dis
abilities of the Jews
Mr.. Headlam gave notice that he should
move a resolution condemnatory of the prin-
cple OF unlimited liability in the case of joint
stock banks
Lord Palmerston stated that he did not in
tend to bring in any bill on India, till after
the recess, and announced his intention of
asking the House to make provision for Gen
Havelock, as the India Company would do
the same for Wilson.
1t IS said the Turkish government are anx-
ious to lay line of telegraph from Constanti-
nople to the head of the Persian Gulf
The Chancellor of the Exchequer moved
for committee of the whole House. to con-
slider the Bank Act. and aeked leave to bring
in bill to indemnify the Bank for the recent
over issue. He explained the necessity for
the action the ministers took, and suggested
that it might be advisable, amongst other re-
forms, to make bank notes legal tender
throughout the kingdom. After some oppe-
sltion from Gladstone and d'Israel the mo-
ton was agreed to, and the bill read FIRST
time.
The steamship Leviathan has been moved
still further down the launching ways, but
the ship had still 107 feet to move, before she
would be ahoat. Her progress was very
tedious, but the engineers had perfect con-
troll, and no fears were entertained for sue
cesstuI result i'll short time. A scaffoldng,
from which to view the launch, broke down,
and number of persons were more or less in
Jured. On Friday the vessel had nearly five
feet of water under her.
FINANCIAL AFFAIRS. In London, on the
I'd inst, money continued in active demand.
arrival of the West India mail steamer, with
100000 in silver. The suspensions of the
day were Messrs. Dacosta & Co., London, in
the West India trade liabilities $3.50, 600 (;
hreser & Co., in the German trade, $50 900.
The semi-monthly shipment of silver 10 China
and India was f409 600. At meeting of
the Erie Railroad bond holders, it was re-
solved that Committee should be requested
| to receive subscription to the proposed new
| loan, and to communicate with the Directors
in New York, with view to the arrange
ment for general protection.
On Thursday, the, Sd inst, funds were
| quiet, while money was in active demand, in
| preparation for payments of the 4th.
Another large house is reported to have
| sought assistance from the Bank. Heavy
| exports of silver are making to Hamburg.
| On Friday, the 4th inst, the funds huctu-
ated slightly, but closed firm. There is no
change in the money market, but great eau
ton is observable.
Very Lntests