The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1858-10-26

to the seizure and confscation by the latter of a
French vessel loaded with free Africans and bound
for the West India Islands. Compensation having
been demanded and refused, two French vessels OF
war have been ordered to the Taeus to enforce if
necessary, the demands of the Government The
fear that Portugal would be sustained by
England in the position she has assumed, has
had tendency 10 depress the French funds. but
there does not appear to be any ground for serious
belief that the good understanding at present
existing between France and England will be
compromised by an affair which appeared, at one
time, to assume serious aspect 1t is very gem
orally believed that Portugal will yield the point
and make the compensation which has been de-
manded Prince NAPoLEoNs journey to Warsaw,
turns out after all, to have had no graver motive
than to extend an invitation to the Car to visit
Paris. The interview was brief but it is rumored
that ALEXANDER II. accepted the invitation and
may, possibly, also extend his Journey 10 Eng
land. A good deal of speculation is afoat con-
corning the object which LOUIS NAPOLEON had in
view in soliciting the Gar to become his guest,
and there are those who augur from it the
probability of closer alliance between France
and Russia, which may lead to concert of action
between those Powers, with regard to the affairs of
Turkey. Such event, however, is scarcely likely
to happen, it would necessarily occasion rupture
of the entente cordiale, which Count de PERsGNY.
in his late speech so eloquenty defended on the
ground of a community of interest between Eng
land and France. 1t is far more reasonable to
suppose that LOUIS NAPOLEON wishes to derive from
the presence of Car in Paris that formal recorni-
ton of his Imperial claims which the late Gar
NICHOLAS was half disposed to dispute. In Spain
the approaching elections have given rise to
animated discussions in the Moderado and Pro-
gressista journals, relative to the policy of the
existing government. 1t is believed, however,
that the elections will prove favorable to the
ODoNNELL ministry. The adjustment of the
Regency question in Prussia will enable the Prince
Regent to carry out those measures of reform to
which he stands pledged and to redeem that king
dom from the secondary rank into which it has
fallen in the Germanic Confederation. The work
of financial reform continues to be vigorously
prosecuted in Turkey. The palace expenses are
said to have been reduced TO one-half the amount
thau UCIGS
taken to check official corruption and to develop the
resources Of the country. The weakness and
vacillation of the Sultan, had, however given rise
to serious fears of a re-actionary movement and it
has been surmised that the purpose of Lord STRAIT
FORD DE REDCLIFFE's visit to Constantinople was
to offer to the government such counsel in the
emergency as his long residence in the country
and his intimate acquaintance with its
affairs, justified him in giving. From India
there is no news of any special Importance
The rebellion is virtually at an end. A few
scattered bodies of rebels yet keep the field,
but their numbers appear to be gradually dmin-
ishing. The Gwalior fugitives, reduced to
between three and four thousand horse have been
hunted out of Rajpootanah, and are now in the
kotah territories where they are safe from pursuit
until Sir Colin Campbell reopens the campaign
with the return of cooler weather. In Behar the
mutineers are more numerous taking refuge in the
Jugdespore jungle when attacked, and sallying
out when the British forces have retired The |
country is however quietly settling down. many
of the petty chiefs and large landholders having
secretly sent in their adhesion to the Government
and merely waiting until Sir Colin Campbell
recommends offensive operations to declare them
selves openly.