The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1856-1888, 1858-03-04

port Of Lane. and that n fearful collision VAS erected
The story requires Confirmation to entitle IL 10 belief
DesPatches have been received at Washington from
Com. Armstrong. OF the American squadron in the
Chinese seas. The expedition to Formosa has estah-
hshed the fact that there are no American or Euro
pean captives on the island. 1t was expected that
the English would make a demonstration upon Cam
ton IN November, but it was not certain that the
French would join in the attack.
From Mexico we learn that the new Constitution
mas been overturned, the National Congress broken
up or dispersed. and Comonfort declared Dictator.
MONEY MARKEr.-The resumption of specie pay
ments has not resulted, as was feared by many. in
any drain OF gold from the banks-the aggregate
condition Of which, last week, shows the enormous
amount Of S28, O00. 900 in bank on each day. The
average is a rising one. and it is calculated that
there must be in bank not less than S29 DOC. 600.
notwithstanding the export of specie has been large.
money still continues to accumulate, though there is
rather more demand for it-M Y. Independent.
European.
By this arrival we have dates from Liverpool to
the 18th December.
In the London money market on the 18th ult.,
there was a further decided tendency towards relaxa-
ton among the discount houses, and selected bills
were readily negotiated at from ST to 8 per cent.
The demand at the bank was very light. The funds
were bnoyant, owing to the continued influx of gold
to the bank, and a consequent expectation of a speedy
reduction in the rate of discount.
The commercial crisis continued very severe in the
north of Europe, but at Hamburg affairs had begun
to improve.
Operations were resumed upon the Leriafhan on
the 18th, but with the most tremendous pressure the
vessel was only moved about three feet, when the
work was suspended sine die; no less than three n.y.
draulc rams, one powerful arab or windlass, and the
double chains which drag the vessel towards the
river, having been all burst and broken. The Times
thinks that half the hydraulic presses in the kingdom
will be required to overcome the difficulties.
Admiral Sir F.. Beaufort is dead.
According to the Paris correspondent of the Lon
don Times, the Chinese government has demanded of
the Russian government the immediate evacuation of
the Chinese territory of which that power had taken
possession on the banks of the river AMOR.
An.ther public meeting in favor of reform for
India had been held in London.
Gen. Havelock is gazetted to the Colonelcy of the
Sd Regiment.
India aud Chfna.
The Persia brings later news from China. 1. is
dated at Hong Kong, on the Both of October. Pre-
parations were being made for the assault on Canton.
The British and French ministers were at Hong
Kong The expedition to the North had been appar-
emily abandoned.
The Paris correspondent of the London Times
says: "The last official accounts received from
Shanghae announce that the Chinese Government
has demanded of the Russian Government the imme-
date evacuation of the Chinese territory, of which
that power has taken possession OH the banks of the
English troops were pouring into India Mt the rate
of 1900 a week. The celebrated clipper ship Cham
pion of the Seas was on the way to Calcutta, and
would probably reach there on the I'd November,
after a passage of eighty-ive days.
Lucknow still held out, although no communication
had been had with the besieged.
Heavy fighting and slaughter are said to have o-
CURED.
The column hitherto under the command of Col.
Greathead had been increased to 5000 strong at
Cawnpore, and on the Sd Of November under COM
nand OF Brigadier Grant, it reached Alumbagh, only
three miles from Lucknow, and there awaited the
arrival of the commander-in-chief
Sir Colin Campbell arrived at Cawnpore on the Sd
q Sayember, and crossed the Ganges ON the 9Th, at
<1ead of 5000 men, en- route for Lucknow.
So completely was the force at Lucknow beleaguer-
ed, on the 31st of October, that the only message
received from there for weeks was written ON a piece
of paper three inches square, and most adroitly con-
cealed.
reduced, and the total number in the residency was
to be not more than 400, besides women,
and wounded. There were besides about
$40 men. with a great array of camp followers, at
Alumbagh, believed to be without the means of CON-
muuicating with those at Lucknow.
The strength OF the enemy around Lucknow was
estimated at 10000, but it was nevertheless consid-
cred certain that the garrison could hold out till the
tenth of November, before which time sir Colin
would be before Lucknow with an army of
1000 men, including his own Highland brigade,
500 cavalry, and a very heavy train of artillery.
1t is stated that during the siege of Delhi the
Sepoys took all the wounded Europeans they could
catch and burnt them alire. The charred bodies tied
10 stakes, were found by the stormers with the queens
buttons still recognizable.
The life of the King OF Delhi was to be spared, the
who arrested him having given a pledge to
that effect.
One of the sons OF the King of Delhi is said to have
escaped from the civil charge in which he was placed.
Our force at Alumbagb, only three miles from
though in easy communication with Gavin
pore, had not received a line from Lucknow for more
han a month.
Heavy fighting with slaughter, is believed to have
Sir c. Campbell, who left Calcutta on the 9th of
reached Cawnpore ON the Sd OF November.
where he remained till the 9th, waiting, it is pre-
uncd, reinforcements, which must bring up the
at Alumbagh, when he joins, to close on 10000
men.