The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1858-12-29
ADDITIONAL, BY THE ASIA.

The passage OF the Asia was delayed by encounter
ing strong head winds and heavy westerly swell.
The Asia passed the steamship Canada at o'clock
on the morning of the 18th; the City of Baltimore
at o'clock on the evening of the 18th, and the
Persia at o'clock on the morning of the oath.
The steamer Jura will be despatched by the Gun
ard line as extra boat for New York on the 1st
of January.
The Earl of Carnarvon has declared the dissent
OF the government to the recommendations made
by Mr.. Young's purloined despatch, in relation to
the Ionian Islands.
Baron Rothschild has contributed f2 900 to found
scholarship in the city Of London school, in COM
memoration of his admission as Jew to a seat in
the British Parliament
The judicial committee of the Privy Council has
confirmed the decision that the American ship North
American, and the Spanish vessel with which the
former came in collision, were bothto blame for the
occurrence. .....-
THE ATLANTIC TELEGRAPH CABLE.
The London Times contains the following intelli-
gence of reference to the Atlantic cable:
The company has made application to the gov
ernment for guarantee of four and half per cent.
on five hundred and thirty-seven thousand pounds,
(f537 ,000,) subject to the conditions as the
Red Sea Telegraph line, and this application has
been backed by memorials from all the leading
firms of London, Manchester, LIVERPOOL Birming-
ham, Leeds, Halifax, Bradford, Hull, Glasgow,
Paisley, and Norwich.
If this application is granted, contracts will i'm
mediately be concluded for a new cable, and any
negotiations with the American government which
into. No attempt can be made with any prospect
of success, to lift the old cable until the return OF
calm weather. at the end of April or May next, and
even under the best circumstances, the expectations
with regard to this operation not favorable;
meanwhile, it has been definitely ascertained that
the existing damage is not on the shore end. The
laying of the end has been completed the dis
tance of twelve miles out from Valentia and the
portion taken up is found to be in perfect condition
for all purposes. The experiments lately underta-
ken by person previously connected with the en-
terprise, confirm the original inference that the
main fault is about two hundred and seventy miles
from the Irish coast, at depth of nine hundred
fathoms. There is also fault on the other side,
which is thought to be about three hundred miles
from New Foundland. Currents however, still
continue to be received, although of kind so fee
bic and uncertain to be useless for any practical
purpose.
At present the telegraph is in charge of Mr.. Hen
ley,* who is manufacturing an apparatus, such as
his experience on the spot leads him to think may
yet possibly lead to some results. But in no case
could there be hope of achieving permanent and
satisfactory communication, otherwise than by a
new line.
The Times thinks that there is but little doubt
that the consent of the government will be given to
the application of the company.
sit will be remembered that the word Henley was re-
ceved through the cable on Saturday week-Rep Ass'd
Press.
The Court of Appeals in the of Count Monta-
it is understood, will admit of the perfect le-
gaty of the appeal.
The ports of Cochin China have been declared by
the French Admiral as under blockade
The Paris Bourse had been firm, but there was q
reaction the 10th inst. The three per cents
closed at 335 for account, and 73. 05 for money!
The shares in the Credit Mobilier which had CON
siderably advanced during the week, again de-
clined.
Considerable damage had been occasioned by in
undations in the vicinity of Seville. The recent
storms had also caused many disasters among the
shipping, and from the fact that more than hun
dred dead bodies had been washed ashore on the
Andalusian coast there is no doubt that the wrecks
have been numerous at sea.
The Ministry had been defeated on the bill intro
duced TO increase the income tax.
TURKEY.
COnstantnople advices of December l state that
the ambassadors of the Great Powers had met in
conference during two consecutive days. to deliber-
ate the critical state of the Prncipaltes. There
was an extraordinary movement and activity among
the members of the diplomatic corps.
The reserves of the army in Asia had been called
out.
Notwithstanding the arrival of part of the loan
contracted in England, the Turkish troops had not
received their arrears of pay, and there was also
delay in paying the salaries of public functionaries
ITALY.
, TIL" |lnisfnnO- nf Turin stotns from Tornh hy
that the greatest activity reigns in the arsenal Of
Venice, that the number of wOrkmen there has been
doubled and that war<e stores of all sorts are be-
ing brought in. 1t adds that several arrests have
taken place at Milan, and that seventeen students
have been arrested at Pavia, where several houses
have been searched for arms many of which have
been seized. The garrison has been increased by a
field battery.
1t has already been stated that the Archduke
Charles Louis, brother to the Emperor of Austria
lately visited the Pope The Opinione states that
he is formally entrusted with political mission,
the object of which is to obtain permission from the
Dow 10
with Austrian troops in order to be prepared for
outbreak.
1t is affirmed that the Sandman government has
sent to its diplomatic agents abroad circular rela-
tive to the rumors of with Austria, decar-
ing that nothing whatever hitherto has arisen to
confirm such assertions.