Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1858-01-01
Enrnncan News DIV cine Persia.


The steamer Persia arrived at New York on FRIDAY
with three days later intelligence from Europe, bringing
London dates to the 18th instant.
The monetary crisis in the north OF Europe continues
unabated All the palatives resorted to in Hamburg
Denmark, and Sweden have proved unavalllng and, as
they consist in nothing else than transfer OF capital
from one hand to another this is only what to be
expected. Switzerland now to have been drawn
into the vortex The system OF accommodaton-bllS
and commercial nsincerity have created the evil and
more accommodation and insincerlty will not
remedy it.
The statement of the Chancellor of the Exchequer in
the House of Commons that the bank reserve OF gold
and notes had increased to 900 pounds produceda
favorable impression especially as 1t IS believed to nave
been subsequently augmented to nearly four million
pounds and large additions have been made to the stock
of gold in the issue department.
The accounts from the English manufacturing districts
are not encouraging Many mills have ceased working,
many more are working short time and the recovery
from the present state of depression will probably be slow
and unsatisfactory The Bank of France has announced
further reduction i'll the rate of discount. The rates
hereafter will be g. T. and per centum for bills having
respectively not to than 3d. 80, or 80 days
The stock of bullion i'll the Bank of France IS steadily
the increase it amounts to nine millions Serl-
ing and according to the last return of the bank the
discounts have decreased considerable the extent it
/ is said, of nearly two millions sterling.
telegram from Hamburg, of the 9Th inst, announces
that the Discount Bank of the State has commenced
|
The PrsSian government has refused to listen to the
proposal to suspend the law which prohibits the crcu
ton of foreign bank notes i'll Prussia.
letter from ST Petersbrgh of the 29th, in tie Con
stmtonncl says The commercial crisis begins TO make
itself felt here. Several houses have already stopped
payment, and among them that of Baden, whose iabi
ties amount to about million of roubles Serious ap
prehensons felt for Warsaw and the houses in rela
| ton with Poland"
Active negotiations, says Il Paris letter in the Nord
hof, thn OIiCh md
governments for coming to understanding on the sub
Jet of the prncpaities before the meeting OF the confer
cnce and they have already had the result of causing
orders to he sent to the English and French commission
i'll the princpalities to notify to che dlvans that the
powers will not admit the nomination of foreign prince
/ Intelligence has been received from Bombay to the
i 18th November.
Sir Colin Campbell reached Cawnpore on the 4tl
November and crossed the Gangcs the 9th, rOet
| to Lucknow with 5000 men of all arms
i Col. GreathcdS column arrived at CawnpOre the
10Th October and proceeded the 3lst under command
of Brgadicr Grant-being reinforced to 5000 strong
with large supply of provisions Aumbaugh where
he awaits the arrival of the commandments.
The Dinapore mutincerS were driven from strong
position at Binder, Gutahpore, by detachment O
500 men under Col Powell, sd foot. Two guns cap
turcd, but with severe loss. Col. Powell killed.
The contingent at Mahedpore mutnied on the 8th No
vcmber, aud killed two of their officers but tee
graphic despatch just received states that they at
all their guns.
Lucknow is said to bc surrounded by $4,000 insur
gents. The force at Alumbaugh only three miles from
| Lucknow, though in easy communication with Gavin
PORE had not received u line from Lucknow for more
than month; heavy fighting with slaughter is said to
| have occurred.
The column under Brigadier Showers has captured
Hugur, Dadrcc Minond and other places southwest Of
Delhi, securing upwards of 100000 worth of treasure
| An agent of the Nena Sahb has put himself at the
head of the mutincers of the Gwaor contingent, and il
is thought probable that he may form junction with
the Dnapore nmtinccrs at Banda, that he may march
direct on Capie
| \ despatch dated Calcutta October 81, says commu
ncatons still difficult, and certain intelligence
from Lucknow of later date than the Dist of October
On that day food running Short and it would seen
that the gun buocks were being slaughtered. But re
lief was approaching.
There is no doubt that the Kings (of Delh life ha
been guaranteed. He will be sent to Allahabad for
veyancc to Calcutta