Evening star. [volume] (Washington, D.C.) 1854-1972, 1857-10-22
FURTHER FOREIGN INTELLIGENCE.
BY the Europa ut Halifax

The London Times has some lengthy remark,
on the increased rates of interest by the Bank of
England. and says % The suddenness of the
renewal Of the drain of gold which has led 10
this step has taken the public by surprise be-
cause they were not prepared for the extraordinary
news by the two last America mails. ALLOWING
due weight to that intelligence, there is nothing
in the movement to create alarm, although there
is a high probability II may soon have 10 be
ported F" Upon the whole, Ii IL possible that the
combined operations of the American panic and
the Indfsn instruction may for time have af-
fected the English resources 10 the extent of two
or three millions; hut the Times considers, al
regards the broad trade of the empire, that IL is
Impossible to discover a cause Of fear. The dis
count establishments have also advanced their
rates half OF one per cent The Times argues
In the same article that fright alone is the cause
OF the daily ruin going on in America, and that
there is nothing in what Is now passing which
viii, before any length of time, interfere with
the business or cripple the national resources Of
The London Commercial Daily List OF October
0 (evening) says il is the general opinion that
money matters have seen their worst in America;
and although much caution has been observed In
the negotiation Of bills, still the feeling is rather
better than II was yesterday.
The English papers are filed with reports of
the fast day and sermons The London Times
devotes twenty-six columns to matter embracing
extracts from the dscourses delivered In one hum
d.. d and sixty -;our churches. 1.....
The Morning Chronicle processes TO have good
authority for stating that steps will be taken i'm
mediately to proclaim Queen Victoria as Empress
of Hndostan, and says that the next telegraphic
advices will probably bring the news Of such
proclamation at Calcutta. The statement Is gen.
orally regarded as absurd. e.
Rev. A. b. Spucgeon addressed at the CRYSTAL
Palace the largest audience that has ever assem-
bled in modern times to listen TO the ministry of
tie Gospel. Nearly 24 600 people were present
A large sum was collected IN aid Of the Indian
Relief Fund, and the contributions at churches
generally Were on a liberal scale.
A PROCLAMATION had been issued by the Irish
of he al al
district around Belfast, information having been
received that the people, instead OF delivering up
their arms, were concealng them outside the
original limits, that they would be available in
case of fresh disturbances.
A Large stone was thrown at passing train on
the Eastern Counties Railway, which struck
Pfof Rogers, OF Boston, in the face, brea ng hi.
jaw bone.
THE FINANCIAL CRISIS IL EuRoPE-The pri-
waite acvices from Liverpool and London which
extend down to the afternoon of Saturday, are
very blue. The Persia's advices were received
that day, announcing the suspension Of the Mary
land, Rhode Island and other banks. and pro-
duced the greatest excitement in all quarters
and general suspension OF business ConsoIs
We're opened on Saturday at So being fall of
b per cent, and the tendency of the market was
still downward. The demand for money was
active in all quarters, and the applications at
bank had largely increased Many orders pre-
vlousiy sent to the United States for cotton had
either been countermanded orthe limits material
~ reduced. The market at Liverpool meanwhile
also closed in responding state and the eighth
advance obtained in the early pat Of the week
had been entirely lost. Middlihgs were offered
on saturday at G'9Sd, but only small sales could
be effected Trades generally received a sudden
and unexpected shock and further advices from
America were looked for with the most painful
interest.
The increase in the rate @. discount bv the
Bank of England is regarded as only the com
merccrnent of continued tightening OF the
screws, and many Were predicting that the rates
would certainly go TO eight if not tGlninr per cent
From Paris the accounts are also gloomy. mo-
ncy being in great demand, and the stock market
IN a state ofsuspense.
irieSraphic advices from Manchester, dated
tainty prevailing, and money very stringent
Political affairs in Europe Were Of secondary
consideration in all leading cities, in view Of the
threatening aspect Of the American crisis and
the effect upon the trade and commerce OF the
Old World